The Business Times, 26 October 1996

Microfilm: NL20728
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 04tV12/95 —I--s«i» SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, OCTOBER 26-27,1996
    14 words
  • Article
    MARKET SUMMARY
    56 1 D 2077J0 (+17.59) D 33U» PI BTOOMP U &44J8 (+9.84) fIBT-MQA U wax (+8.01) flMXIUBTODaB Friday Chaofe KLS800MP 1.I7JJI 4.18 MOB RANG SBNO 1W8W8 -86.18 SET INDEX Wl 411 JAKARTA COMP—I7LJ4 -4J» MANILA OOMP _XJ0jN -7118 TAiPBWft —dmd snow-coup —mn—im CLSA CHINA B Mill AWT ALLOW) 1,»1 -414
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  • Article
    FINANCE
    69 1 EXCHANGE RATES US* St USS. L41« f 1JK tStS DM M§7 CJSI YEN IN UM IAS mi urn MM HKt ll» Ilia bajit >w mi KUP1AH IN ALMS Ml muting SBWAFOBP 6.44 KUALA LUMPUR 126 JAKOTA 1800 www* u» VAMM lltt 80MB0NQ AM tKtflt 126 SYDNEY. lf.76 TOCTD S.M
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  • Article, Illustration
    Lock icon Anwar unveils budget to boost services
    831 1  -  No corporate tax cut; levy on property purchase by foreigners stays From Ven Sreenivasan in Kuala Lumpur FINANCE MINISTER Anwar Ibrahim unveiled a 1997 Budget aimed largely at boosting financial and other services and addressing the country's problematic current account deficit. The widely-expected corporate
    REUTER  -  831 words
  • Article
    Absence of tax cut could dampen stocks: analysts
    508 1  -  But lower current account deficit seen as a balancing factor From Ruth Wong in Kuala Lumpur MALAYSIA'S 1997 budget, which dashed market expectations of a corporate tax cut, could put a dampener on stocks next week, analysts said. "It was slightly disappointing
    508 words
  • Article
    Suzhou gets US$600m duly-free quotas
    339 1  -  Half will be for Ghina-S'pore Suzhou Industrial Park Development Co By' Lu Ning [SINGAPORE] The SingaporeChina Suzhou Industrial Park (SIP) has been granted US$6OO million (*****.6 million) in quotas to import capital goods duty-free this year, a senior Suzhou official said yesterday. Xie Jiabing, the
    339 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      122 1 mama 2'~I He may be best known as the founder of Hongkong's Golden Harvest moviemaking empire. But Raymond Chow also has a strong business presence in Singapore, EL2 MBWBIIBOE this pg. Newt on China investments becoming more and more positive, which could revive interest in so-called red chips. Mm, pg
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      Page 1 Advertisements Column 2
      48 1 More reports and reactions inside Malaysian economic growth expected to slow to 8%,Pg4 Current account deficit to drop to Msll.sb, Pg 4 New 40% equity rule will help foreign brokers, Pg 5 Economists applaud bond market initiatives, Pg 5 Local fund managers given a leg up, Pg 5
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      Page 1 Advertisements Column 3
      13 1 W i I R W*> mm r* .<» -jS YvM l^m H /#lw ';S
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Govt to sell land for 7,000 private housing units in '97
      621 2  -  Enough land will also be allocated or sold to private sector for 4,000 exec condos By: Michelle Low THE government plans to sell enough land for 7,000 private housing units next year, some 1,000 units more than what is
      621 words
    • Article
      Queue numbers issued for Ardmore
      191 2 BELIEF has come for the 60odd people queuing for the last 110 units in the exclusive Ardmore Park condominium project. Marco Polo Developments issued queue numbers yesterday for the Nov 9 launch olf the last phase. This means the troop of housewives, retirees and professionals,
      191 words
    • Article, Illustration
      Lock icon Jaguar seen roaring ahead in Asia
      277 2  -  /*/< Christopher Tan ASIA will be the top-growing market for Jaguar up to the turn of the century, says Jaguar Cars chairman and chief executive N V Scheele. Mr Scheele, who was in town to launch the Jaguar XKB sports car last night, said
      ARTHUR LEE  -  277 words
    • Article
      TDB keen on Nymex's plan to open copper warehouse in Singapore
      320 2 Nymex says in report that Republic is the most likely choice THE Trade Development Board yesterday said it was "definitely interested" in the New York Mercantile Exchange's reported plan to look at opening a copper warehouse in Singapore. Nymex
      320 words
    • Article
      Local scientists breach Internet commerce security
      365 2  -  Team also devises measures to counter smart card attacks Toh Han Shih HOT ON the heels of a report yesterday that Israeli researchers had simulated a hackers' attack on so-called "tamper-proof smart cards, a Singapore team announced it, too, has carried out a similar
      365 words
    • Article
      Maxtor to move production to S'pore
      173 2 MAXTOR Corporation has confirmed speculation that it will move production of hard disk drives from South Korea to Singapore. The company, a unit of Hyundai Electronics Industry Co of South Korea, will also hire more than 300 skilled workers to help run its new
      173 words
    • Article
      New test for commodity traders
      118 2 BUDDING traders who hope to deal in commodity futures can now take the Commodity Futures Test (CFT) instead of the Futures Trading Test (FTT). The CFT is administered by the Export Institute of Singapore in consultation with the Singapore Commodity Exchange (Sicom), while the FTT
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      142 2 BSjj^ RtrM k I jj Under the patronage of: The Ministry of Commerce A The first-ever exhibition for Saudi exportable m Jk pi products will be attended by a large number H H of Importers from all over the world. ■P j B Exhibitors: r Manufacturers ™B W Production Companies
      142 words
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      Page 2 Advertisements Column 2
      31 2 For Home or Office deliveries of: The Straits Times. The Sunday Times, The Business Times. LianHe Zaoßao. Berita Harian, Berita Minggu, Shin Min Daily News, LianHe Wanßao call our Hotline 1800-749-2577.
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      328 2 THE WEATHER Singapore: Showers in the late morning and early afternoon. Temperature (33-25) Aate-PMtffle HVLo* Oee*. Europe HVLo* Coed. Aatrta Hl/Lo* Good. Auckland IMJ Showers AaMkrdaui IVW7 Sunny Atlanta tfli Cloudy Kudu* »26 T*aomi Atww Hill Clow* Burns Aim 27/W Ctan|y Bmm l&lfi Sumy Berfi 14V4 Sunny (turn#) M/IO Cloudy
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        663 3 Figures denote number of respondents Those polled for their views on next week's Singapore stockmarket outlook are: Alliance, Daiwa Securities, Deutsche-Morgan, Fraser, GK Goh, ING Baring, Merrill Lynch and Phillip Securities. Urac* nuMiiijH ♦(Hold) DBS Investment Research, Oct 24,82.5 cents Uraco's $2.8 million purchase of a 70
        663 words
      • Article, Illustration
        In My Opinion
        398 3  -  Matthew Dobba Director Schroder Tfofoin Fond (TT HAS been a difficult I couple of years for invesX tors in the Korean stockmarket. Despite growth running at some 8.8 per cent in each of the last two years and further progress in the opening of the market to
        398 words
    • Article
      Executive condo vs HDB flat
      1115 3  -  Mortgage repayment and cash deposit to be paid upfront are main considerations for first-time home buyers By\ Sim Loo Lee The writers are from the School of Building and Estate Management, National University of Singapore. This article first appeared in The Alumnus, an NUS publication.
      1,115 words
    • Article
      Corporate results fears depress Manila stocks
      600 3  -  EYE ON THE REGION 15.4b pesos of foreign funds shifted out in a month: brokers From, Al Labita in Manila THE Manila stock market has come under heavy selling ahead of further third-quarter corporate results following the weaker than expected result of Philippines National
      600 words
    • Article
      Lock icon Boom in US mutual funds, but economies not passed on
      496 3 Infftfuil) management fees growing along with industry Bloomberg Business News [BOSTON] The explosive growth of the US mutual fund industry, one would think, would have created huge economies of scale that fund management companies would pass on to investors in
      Bloomberg Business News  -  496 words
    • Article
      ACU DEPOSIT RATES Offered by various banks (as at Oct 21,1996)
      647 3 Bank of China m$ 25.000 249,999 6.0000 6.0700 6.1300 A$ 250.000 500.000 6.1200 ***** 6 2500 10.000 49,999 6.1250 5.9375 5.8750 R-ht 50.0001 Above 6.H75 6.0000 5.9375 STooO 2.499,999 7 6800 8.4400 8.5100 Omk 15 ml 4.999,999 7.8100 *****
      647 words
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  • MALAYSIAN ECONOMIC REPORT
    • Article, Illustration
      Lock icon KL economy to grow 8% next year, despite slower exports
      668 4  -  Government not deliberately targeting slower GDP growth Reports by Ven Sreenivasan in Kuala Lumpur MALAYSIA'S economic growth is expected to ease to 8 per cent next year, from a forecast 8.2 per cent this year, mainly because of slowing exports
      estimate forecast; REUTER  -  668 words
    • Article
      Economy still awash with liquidity
      435 4 This is despite easing in money supply GROWTH in money supply appears to be easing off after having risen rapidly in the first four months of this year. But despite the easing, the economy remains awash with liquidity, the Economic Report noted. Ml. or cash
      435 words
    • Article, Illustration
      Current account deficit to drop to M$11.5b next year
      428 4  -  From Ruth Wong in Kuala Lumpur MALAYSIA'S current account deficit this year is estimated at M 514.8 billion (558.37 billion) and is forecast to narrow to M 511.5 billion next year, thanks to a stronger merchandise account. The current account deficit
      428 words
    • Article
      Manufacturing to remain the driving force
      293 4 Sector's value-added seen growing by 12.8%, compared to 145% last year THE manufacturing sector will remain the main driving force of Malaysia's economic expansion this year, although the sector's performance is expected to be less robust because of easing external demand growth. The sector's
      293 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      238 4 ("V; i No Other Airline Unites The States Better From Singapore. I**. C *nr mnipea V* Vnfc Vanoww •••tf M«nncjp4.x S« vufiir -I'x ivwtbnd NJII L»krc*> .V Ish\ ilk* X ivrir. '.Was!immm San Franciwco\ i Phumm Los Anflrirs L,m llnnnlulu rhc Northwest direct to 8 Tlie USA's a big place.
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      Page 4 Advertisements Column 2
      29 4 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.
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  • MALAYSIAN BUDGET
    • Article
      New 49% equity rule will help foreign brokers gain foothold
      488 5  -  Raising of ownership limit seen as major step in liberalisation of financial sector By Lee Yoke Har [SINGAPORE] The higher foreign ownership limit for Malaysian brokerages will appeal most to foreign houses currently without a foothold in Malaysia, brokers in
      488 words
    • Article
      Local fund managers given a leg up
      339 5  -  Income from overseas clients to be taxed at 10% down from 30% for local firms Reports by\ Shiv Taneja [SINGAPORE] Fund managers in Singapore said the concessions for the fund management industry announced in the Malaysian budget would mainly benefit Malaysian companies. This
      339 words
    • Article
      Yet more incentives to boost Labuan as financial hub
      223 5 [SINGAPORE] Malaysian Finance Minister Anwar Ibrahim added a few more incentives yesterday to boost Labuan as an international offshore financial centre. The new measures include: ♦an extension of the tax exemption on half the income of foreign managerial staff working in
      223 words
    • Article, Illustration
      Lock icon KL to have privately-run HDB equivalent
      298 5  -  Mslb to be set aside for the project to boost low and medium-cost housing From Ruth Wong in Kuala Lumpur MALAYSIA will set up a National Housing Company with a substantial Msl billion (*****.6 million) fund to boost Malaysia's low and mediumcost housing programme.
      REUTER  -  298 words
    • Article, Illustration
      Economists applaud bond market initiatives
      414 5  -  Measures augur well, bat development of a liquid market will be the ultimate key By] Larry Wee [SINGAPORE] The measures to boost Malaysia's bond market were described by regional economists and analysts as the most significant in yesterday's Budget. Daniel Lian, regional economist of Nat
      414 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      31 5 For Home or Office deliveries of: The Straits Times, The Sunday Times, The Business Times, LianHe Zaoßao, Berita Harian, Berita Minggu, Shin Min Daily News, LianHe Wanßao call our Hotline 1800-749-2577.
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      Page 5 Advertisements Column 2
      180 5 l J i Ik 11 A please to: wmIVJTPHTI HBM Building 745 Toa Payoh Lorong 5 #03-01 Singapore *****5 The Sights and Sounds of I Europe in the Heart of Asia expenence \be cbatm cA tuTope, \he Macau n<ou basie \o Gtand \o menbon a jJU V\s\X \be museums and
      180 words
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  • REGION/WORLD
    • Article
      Lock icon Indonesia, Australia to develop economic zone
      271 6 JAKARTA AFP INDONESIAN and Australian ministers said here yesterday they had agreed to develop a zone of economic cooperation that links the two countries. "The two countries announced their agreement to pursue and develop an Indonesian initiative on sub-regional economic cooperation between the two
      AFP  -  271 words
    • Article, Illustration
      Lock icon Gar in sheep's clothing
      53 6 [AUCKLAND, New Zealand] A wool-covered Fiat Bambina attracts the attention of an Auckland resident and her dog as they walk through the inner city suburb ofParnell. The pampered car has its owners rushing outside at the first sign of rain to protect the woolly runabout from
      REUTER  -  53 words
    • Article
      Nikkei down for fifth straight day on fears LDP can't form coalition
      361 6  -  TOKYO Market mired in uncertainty over whether economy will get needed stimnlns By. Anthony Rowley TOKYO stock prices fell Bharply for the fifth day running yesterday as market fears mounted that Prime Minister Ryutaro Hashimoto ipay be unable
      361 words
    • Article
      China ventures have difficulty selling goods
      456 6  -  BEIJING Sales, distribution often in the hands of state-owned firms By] Peter Seidlitz JOINT ventures in China face enormous difficulties in reaching markets and customers because distribution remains largely in the hands of state-owned companies. Without distribution licences, joint ventures have to leave the
      456 words
    • Article, Illustration
      Dole campaign pulling out of Illinois is like accepting defeat
      468 6  -  WASHINGTON 'Where Illinois goes, goes the nation' is an axiom candidates have to consider By\ Leon Hadar "NO Republican presidential candidate has won the White House this century without carrying the State of Illinois on election day," recalled Ed Murnane,
      468 words
    • Article
      Lock icon Shenzen officials embezzle millions
      133 6 HONGKONG AFP SOME 119 officials in China's special economic zone of Shenzhen have fled with multi-mil-lion dollar sums in state funds, it was reported yesterday. The 119 officials, 87.4 per cent of them were under 35 years old, were found to have embezzled the Shenzhen government
      AFP  -  133 words
    • Article
      Lock icon US orders for big-ticket items see biggest jump in 4 years
      355 6 WASHINGTON Bloomberg Business News US FACTORY orders for big-ticket goods advanced by the largest amount in almost four years in September, led by a rebound in demand for commercial aircraft. Orders rose a larger-than-expected 4.6 per cent last month
      Bloomberg Business News  -  355 words
    • Article
      G-3 urged to replace floating rates
      330 6  -  TOKYO By. Anthony Rowley SENIOR US and Japanese monetary figures joined forces in Tokyo yesterday to call for a replacement of floating exchange rates by some form of currency management among the world's leading economic powers. Former US Federal Reserve chairman Paul Volcker urged
      330 words
    • NOTE Book
      • Article
        Lock icon S Korea signs OECD membership treaty
        67 6 AFP [PARIS] South Korea yesterday signed the treaty of membership of the Organisation for Economic Cooperation and Development, a major step in the OECD's drive to open up to the dynamic economies of East Asia. If parliament in Seoul ratifies the treaty a move
        AFP  -  67 words
      • Article
        Lock icon No new banking licences: Barnharn
        60 6 Reuter [BANGKOK] Outgoing Thai Prime Minister Banharn Sil pa-arc ha reiterated on Thursday that he will not approve any new banking licences during his remaining tenure to avoid being accused of corruption. He said he will leave the matter to the new government which will
        Reuter  -  60 words
      • Article
        Lock icon Megawati's brother in Golkar company
        93 6 Reuter [JAKARTA] The brother of ousted minority party leader Megawati Sukarnoputri has caused a stir in Jakarta by appearing in public with senior members of Indonesia's ruling Golkar party, news reports said yesterday. Musician Guruh Sukarnoputra, who is also a member of parliament for the
        Reuter  -  93 words
      • Article
        Lock icon Seat sought for Deng at HK handover?
        56 6 AFP [HONGKONG] China has asked Britain to include ageing patriarch Deng Xiaoping in the guest list for Hongkong's handover ceremony next year, a newspaper reported said yesterday. Quoting an unspecified source, Apple Daily said the Chinese side had requested the British side reserve
        AFP  -  56 words
  • Page 6 Advertisements
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      103 6 DOOMESBPBY By Garry Trudeau kvute,dear.W&6olN6 lE*!!22SS2LZS; k*UJe t DEAR.I toeu.l A CLUB* -MefteSTxn* TO LAUGH BUT I THOUGHT £CAtfT BeU&B USBPTO *X&THE I JUST HEARP YOU SAY £S7ORBP TH/9! MHZRB GST IT AT that you USB MARIJUANA MY APPETITE- FOR A WHlt,l DO YOU BUY a NEIGHBOR- r 1 j
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  • COMPANIES & MARKETS
    • Article
      'I can't give an answer', says patriarch
      264 7 THE JtJMABHOY FAMILY FEUD RAJABALI Jumabhoy is not an easy witness to nail down, as defence lawyers in the ongoing multi-million dollar family estate suit have found out. On at least two significant issues whether he knew about pledges on Scotts shares and
      264 words
    • Article, Illustration
      Lock icon Rajabali can't recall saying Rafiq to hold shares in trust
      541 7  -  He had declared in affidavit that he told this to his 3 sons over issue of option to Rafiq Reports by Catherine Ong [SINGAPORE] Rajabali Jumabhoy, the 98-year-old patriarch of the Jumabhoy clan, shocked the court yesterday by admitting that
      FILE PHOTO  -  541 words
    • Article
      Official 'pep' talks could do a world of good for Japan
      798 7  -  HOCK LOCK SIEW Anthony Rowley TOKYO stock prices were stopped dead in their tracks this week by the inconclusive outcome of last Sunday's general election in which the Liberal Democratic Party, while gaining some seats, fell well short of
      798 words
    • Article
      Thakral Corp intends to convert listing from US to Sing dollar
      263 7  -  But 'internal reorganisation 9 needed for By Clarissa Tan [SINGAPORE] Consumer electronics distributor Thakral Corporation Ltd (TCL) intends to convert its listing from US dollars to Singapore dollars, its chairman Kartar Singh Thakral said yesterday. Mr Thakral was speaking
      263 words
    • Article
      No surprise in 'ready' trading date
      386 7  -  LETTER TO THE EDITOR Peter Chin Manager. Public Affairs Dear Sir, WE REFER to your article "Surprise earlier 'ready' trading for Labroy, Delifranee" in The Business Times of Oct 23, 1996. You reported that a "surprise announcement" was made late Tuesday (Oct 22) that
      386 words
    • REGIONAL COMPANIES
      • Article
        Lock icon YTL may challenge Southern's bid for Cepa
        507 8 But Hopewell says it is 'irrevocably' committed to selling control to Southern Bloomberg Business News [HONGKONG] Hopewell Holdings Ltd said Malaysia's YTL Corp may challenge a US$2.7 billion (Ss3.B billion) bid for its Asian power company, Consolidated Electric Power Asia Ltd (Cepa). The
        Bloomberg Business News  -  507 words
      • Article
        Lock icon UMW shares surge on report of bid by Sapura
        247 8 Bloomberg Business News [KUALA LUMPUR] UMW Holdings Bhd shares surged to a record after a report said the Sapura group was bidding for a stake in the carmaker and heavy equipment manufacturer. Shares in UMW, which assembles cars such as the
        Bloomberg Business News  -  247 words
      • Article, Illustration
        Lock icon Comfort plans to list motor distribution arm
        171 8 [SINGAPORE] Comfort Group plans to list its motor distribution arm in three to five years' time. Chairman Wan Soon Bee said this at the opening of Peugeot agent Le Car's showroom yesterday. Besides Peugeot under Le Car, Comfort imports and distributes Maseratis under
        CHRIS LOH  -  171 words
      • Article
        Property group Hong Fok raises $40m 5-year loan
        245 8  -  Group also unveils HKsl9om property purchase in Hongkong By\ Paul Leo (SINGAPORE) Property group Hong Fok Corporation yesterday raised $40 million through a loan facility and at the same time announced it will be buying a Hongkong residential property for HKII9O million
        245 words
      • COMPANY Briefs
        • Article
          SembCorp forms two new units
          54 8 [SINGAPORE] Sembawang Corporation has formed two subsidiaries, one to manage property owned by its property building materials business group and the other to engage in marine offshore engineering and construction works. Sembawang Properties will take over (Tom Sembawang Land while Sembawang Marine and Offshore Engineering
          54 words
        • Article
          Noel gets SES nod for bonus shares
          50 8 [SINGAPORE] Noel Gifts International has received Stock Exchange of Singapore approval for the listing and quotation of its bonus shares. It had proposed to issue between 22.5 million and 29.25 million bonus shares on the basis of one for every two shares held.
          50 words
        • Article
          Shangri-La bonus shares get green light
          52 8 [SINGAPORE] Shangri-La Hotel has received in-principle approval from the Stock Exchange of Singapore for the listing and Quotation of its bonus shares. The company had proposed to issue between 15.1 million and 17.25 million bonus shares on the basis of one for every 10
          52 words
        • Article
          Goldtron sets rights issue price
          31 8 [SINGAPORE] Goldtron yesterday set the issue price of its renounceable rights issue of up to 82.8 million non-redeemable convertible cumulative preference shares at 78.5 cents apiece.
          31 words
        • Article
          Freight Links hoys Thong Soon property
          47 8 [SINGAPORE] A subsidiary of Freight Links Express Holdings has agreed to buy Thong Soon Distrlpark Pte Ltd from Thong Soon Holding for about $5 million. Thong Soon Distripark's assets comprise a container yard and a property at Penjuru Lane with warehouses.
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    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        688 8 VMM* mi Nrt* Pt»artw» k >m m ono* J-— '"xH «<*r*» n.wotoo S5S« *-si 22£» jmw io« j* 2222 lMUS*4t 4 MOM JOS ***** imims t» jos «*ns*t awwoo £2. PV192 JU *>/* J1S «2252, PtnU ,iti K3/% JT7 tfpnfsrt* 21NV0600 EEX SsT *2 IMgJO OM« JM I0/H
        688 words
      • Article
        CONTAINER SCHEDULES
        1716 8 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Rstb SMp Voy No Etb/Btr Period Fro* To Fro# cim am 20*700 a anno 24*459 24*900 21 arm wow 24/0900 3 24*700 24/189 24/MOO 4 24/1200 a/mt arm >!■* m Swo j» wjw gg« 2A 25/1700 24/015$ 24/WOO 24/0700 24*99
        1,716 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Toshiba, NEC profits buck electronics trend
        599 9 Mobile phone, CD-ROM drive, PC sales help them outperform Hitachi, Mitsubishi, Fujitsu Bloomberg Business News AFP [TOKYO] While low semiconductor prices gave Japan's chipmakers a worse-than-ex-pected beating in the first half, surging sales of mobile phones, CD-ROM drives and personal computers pushed profits higher
        Bloomberg Business News; AFP  -  599 words
      • Article
        Lock icon Californian networks overloaded by Internet
        379 9 Telephone networks in danger of collapse because of increasing Net use: Pacific Bell FT [SAN FRANCISCOJ California's telephone networks are in danger of collapse because of increasing use of the Internet, according to one of the largest telephone companies in the US. The explosion of
        FT  -  379 words
      • Article
        Lock icon Delta Air Q1 et earnings rise 18%
        213 9 NYT, Bloomberg Business News [ATLANTA] Delta Air Lines Inc said its fiscal first-quarter net income rose 18 per cent as higher traffic offset rising fuel costs. Net income for the quarter ended Sep 30 rose to US$23B million (*****.2 million), or US$3.O9 a
        NYT,; Bloomberg Business News  -  213 words
      • Article
        Lock icon Compaq shakes up exec ranks
        336 9 NYT [NEW YORK] Compaq Computer Corp has been known for having one of the most stable management teams in the volatile personal computer industry. Not anymore. On Thursday, the company announced the latest in a series of recent executive shifts, marking the departures of Compaq
        NYT  -  336 words
      • Article
        Lock icon USAir ends marketing pact with BA
        221 9 Rift caused by BA's proposed tie-up with American Airlines Reuter [NEW YORK] The three-year-old partnership between British Airways pic and USAir Group Inc, already severely damaged by a potential competing alliance, moved closer towards collapse on Thursday when USAir said it was cancelling a
        Reuter  -  221 words
      • Article, Illustration
        Lock icon Lying down for a cause
        54 9 [BONN] A German metal worker lying on a mock hospital bed in front of the Thyssen steel plant on Thursday during a demonstration organised by the IG Metall Union against plans to cut sick pay in the engineering sector. Negotiations between IG Metall and employers
        AFP  -  54 words
      • Article
        Lock icon French firm sells stake in Crown Cork
        218 9 Bloomberg Business News [PARIS] CGIP, a French investment company, said it sold part of its holdings in Crown Cork Seal for U*****.6 million (*****.8 million) to help finance the purchase of a stake in French carparts maker Valeo SA. CGIP sold 9.25 million
        Bloomberg Business News  -  218 words
      • Article
        Lock icon Matsushita Electric interim pre-tax earnings up 29% to 53b yen
        453 9 Recovery in home electronics, telecom sectors offsets fall in exports AFP [TOKYO] A recovery in home electronics and telecommunications helped Japan's Matsushita Electric Industrial Co Ltd yesterday to post a 28.6 per cent rise in interim parent pre-tax profit. The
        AFP  -  453 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1740 9 CITY FLIGHT ETA FLIGHT ETD SPITS WO YW740 MIO MbHmM RJH87 0130 Mat Yd M093 1405 TG408 0820 MUH S0230 1830 0f82 2055 7 2,05 MI894 KMO 0T81 1930 IMmMai S0977 1655 S0978 0130 Hmmm KJW87 0130 Mo CM MM VM741 1310 VM740 1410 Aflistardam KL843
        1,740 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon SE Asia shielded against Mexico-style crisis: MAS
        461 10 Cooperation among central banks deeper, policies in place to combat speculative attack on currencies AFP [SINGAPORE] South-east Asian economies have the strength to shield themselves from the effects of a Mexicanstyle financial crunch elsewhere in the world, according to the Monetary Authority of
        AFP  -  461 words
      • Article, Illustration
        Schroder launches North Asia equities fund
        365 10  -  Fond is first in S'pore to invest in thereon By\ Shiv Taneja [SINGAPORE] Fund manager Schroder Investment Management yesterday announced the launch of Singapore's first fund that will invest in North Asian equities. The Schroder North Asia Fund will invest in China, Hongkong, Taiwan,
        365 words
      • Article, Illustration
        Lock icon US$ uptrend likely to resume
        446 10 US$/mark: The US$/mark fell to a low of 1.5161 on Thursday after succumbing to selling pressures. Despite this dip, the long-term technical outlook continues to favour the upside. Given that daily stochastics are at oversold levels, this uptrend is likely to resume in the near
        Source: DBS Bank ALLAN  -  446 words
      • Article
        Lock icon Foreigners to be allowed greater stake in Thai finance firms
        206 10 AFX-Asia [BANGKOK] The Bank of Thailand (BOT) has decided to aUow greater foreign holdings in finance companies to encourage strengthening of the sector, a BOT official said. "The central bank will consider on a case-by-case basis allowing foreign investors to
        AFX-Asia  -  206 words
      • Article
        Lock icon Hamanaka's illicit partners targeted
        236 10 AFP [TOKYOI Japan s Sumitomo Corp plans to take legal action against any illegal trading partners of former chief copper trader, Yasuo Hamanaka, arrested in connection with huge losses in unauthorised dealing. Sumitomo president Kenji Miyahara disclosed the stance in an interview with the Mhon Keizai
        AFP  -  236 words
      • Article, Illustration
        Untitled
        1393 10 nrTEEBAim CROSS EATB8 Oct 25 u C$ mx> ECU Ftr Pi W hdBiNfi* Y«t» Won M$ KflUfcti Ptx> S$ land Sfr MT$ W Nwi. W Australia 1068 6.178 0.630 4.078 1208 6.135 28.252 18.456 0.899 6.578 1.986 t.127 31.889 20.855 1124 1638 0.999 21.867 ***** 0.498 {WW Cmm 0.936 6.182
        1,393 words
      • Article
        Lock icon Euroyen hits another new high
        231 10 SIMI.X Report Reuter [SINGAPORE) Simex Euroyen futures reached new highs yesterday on continued confidence of a stable Japanese rate policy but dealers said there was limited upside potential. "Dealers reckon there is no way the Bank of Japan will move rates up. That's why the
        Reuter  -  231 words
      • Article
        Lock icon CURRENCY REPORT
        160 10 Reuter, AFP London THE dollar bounced back against the mark as the Bundesbank tempered this week's sudden bout of German interest rate gloom and as relentless yen weakness lifted it to a new 33-month high at 113.41. At 1443 GMT, the dollar traded at 1.5238/49 marks, compared to
        Reuter,; AFP  -  160 words
      • Article
        Lock icon Oil prices rebound from midweek sell-off
        287 10 ENERGY REPORT Reuter [LONDON] Oil prices rebounded yesterday as the market returned its focus on bullish fundamentals and put a midweek sell-off behind it. At 1615 GMT, London December Brent crude stood at U5523.94,19 US cents up on the day. On Wednesday and Thursday,
        Reuter  -  287 words
    • Article
      COMMODITY PRICES
      1816 11 SICOM FUTURES Oct 25 RUBBER (futures closing u it 5.30pm) RSS1 CONTRACTU cMti/kQ) Clow Votum* Open Month High Low Sett (tonnes) Interest Nov 96 178.50 177.00 177.00 300 450 Dk 96 179.00 '525 Jan 97 182.25 W50 Feb 97 183.75 2150 Mar 97 184.50 1750 Apr/Jun 97 185.50
      1,816 words
    • Article
      Lock icon TOKYO
      1613 11 AFXAsia Q Nikkei 225 -28J2 SHARE prices fell for the fifth consecutive day yesterday, closing near their lows, failing to recover from opening futures-led declines and generally pessimistic investor sentiment, brokers said. The 225-share Nikkei Average closed down 263.52 points at 20,739.97. The December futures closed down 320 at
      AFX- Asia  -  1,613 words
    • Article
      WORLD STOCK MARKETS
      2242 11 LONDON MvstrUs acta Ntt AB Ports 269.400 3 AMey Netionel 619 8.600 A MM Domecq 465.400 4 Amec 103.400 -1.600 Asde Group 113.600 -1.600 BAT Ind 436.400 10 BKC 293.400 2 BOC Group 860.400 6.400 BR Petroieum 666.400 -4 BTR 25X400 2.400 Bank o( Scotland 280 *2
      2,242 words
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      Lock icon HONGKONG
      1601 12 Reuter Q Hang Seng -85J8 SHARE prices closed lower yesterday on across-the board profit taking, with Hopewell and Cepa remaining a focus of trading, dealers said. The Hang Seng Index closed down 85.18 points at 12,388.38. Turnover was HKS6.7 billion. "There's always more prof-it-taking on Friday as investors want
      Reuter  -  1,601 words
    • Article, Illustration
      Lock icon CHINA
      672 12 Reuter Q Shenzhen B Share Index +0.48 THE Shenzhen B market closed slightly higher yesterday, thanks to sharp gains by floppy disk maker Benelux, brokers said. The B Index rose 0.48 point, or 0.54 per cent, to close at 89.99, but turnover shrank to HK512.42 million from HK529.62 million
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  672 words
    • Article
      Lock icon WELLINGTON
      275 12 Reuter kl Wellington -25.71 SHARE prices ended lower yesterday after profit-takers singled out Telecom and Carter Holt Harvey for special attention. The NZSE-40 Capital Index ended 25.71 points down at 2,327.20. Reuter octn *h rtm ANZ B«n»,og 8 08 -O.M 8406 AOv«mt*g*s HtOgi 124 unch ***** Air Hra Zoaiand
      Reuter  -  275 words
    • Article, Illustration
      Lock icon BANGKOK
      838 12 AFP Qsnua 421 SHARE prices closed lower yesterday in lacklustre trading amid concern over local political and economic factors. Market sentiment was dampened by poor third quarter earnings in major sectors along with uncertainty about Bank of Thailand economic indicators due out next week and the elections on Nov
      AFP  -  838 words
    • Article
      Lock icon SEOUL
      416 12 AFP nOwnpoatefaiei -IMS SHARE prices closed 1.3 per cent lower yesterday amid weak investor confidence. The Composite Index fell 10.66 points to 793.78. Turnover was 26.7 million shares worth 465.3 billion won. Falls beat rises 538 to 351. The index fell 14 points at one point, pulled down by
      AFP  -  416 words
    • Article
      Lock icon SYDNEY
      621 12 AFP PAD Ordnnries -42.4 SHARE prices slipped 1.8 per cent yesterday, battered by a fall on Wall Street and disappointment over the failure of a hoped-for cut in interest rate to materialise. The All Ordinaries Index slumped 42.4 points to 2,335.2. The blue-chip miners were particularly hard hit, with
      AFP  -  621 words
    • Article, Illustration
      Lock icon JAKARTA
      755 12 Bloomberg Business News AFP n Composite Index -455 STOCKS fell yesterday as investors sold shares to raise money for the US$4OO million (***** million) initial public offering of Bank Negara Indonesia (BNI) next month. "Money's getting pulled, out for BNI," said Redjo Husin, the head of capital markets at
      Bloomberg Business News; AFP  -  755 words
    • Article
      Lock icon MANILA
      253 12 AFP Q Manila -7*oB SHARE prices closed 2.6 per cent lower yesterday as investors sold shares in Philippine National Bank (PNB) the day after it reported disappointing nine-month profit. The PSE Composite Index fell 79.18 points to 2,962.60. Turnover was 13.6 billion shares worth 3.1 billion pesos. PNB slumped
      AFP  -  253 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares ease alter budget report
        7747 13 Bloomberg Business News CI Composite Index -4JB STOCKS fell yesterday after the government's budget and economic report failed to produce an expected cut in corporate tax. The failure to cut the rate is a disappointment, traders said. The KLSE Composite Index dropped 4.18 points to
        Bloomberg Business News  -  7,747 words
    • WARRANTS & OPTIONS
      • Article
        Asiamatrix warrants – time is the biggest risk factor
        3929 14  - Asiamatrix warrants time is the biggest risk factor mm Hiirirr :Axat jfiwm WARRANT WATCH ik. v -It!/ R Sivanithy THE stunning advance posted by ABR Holdings shares yesterday must have made investors sit up and take notice of other Indonesian-related counters. One such counter which must have benefited was Asiamatrix,
        3,929 words
    • Article
      CLOB INTERNATIONAL
      2434 14 MALAYSIAN STOCKS Of Or 1996 Last Vol Day Last Ouote Ohr D* YM Net M Cap Law Stne Company Sala COOP) High Law Buyer Seller Cvr H P/C Smk 625 360 ms 5000 AIS8S0C 440 cd 14 444 440 438 444 4.9 OJ 91.9 451.3 119 84 ms
      2,434 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1357 15 TURNOVER COOO) VAlUirOOO) Q» M" T MHM 39, MO 6.742 46.602 FkMiKt 6,408 4,974 11.3*2 83.M2 9,193 M.738 Hot#** 737 526 1.263 2,**3 97* 3.838 Pro©«rtl»i 4,22* *373 12.603 tt875 W« P1*AUtKXi >70 670 MM Minna 157 157 428 428 BLW 4,325 6.499 10.824 8.904 M» a 2iS 7ot*l 55,558
        1,357 words
      • Article
        MAIN BOARD
        4346 15 Or 6r M Wt v 0«. Last Quata Wv Olv YW N»t Cap Avq Hlgh Law StNo Company Sat. fOOOl MJgfc La« Cvr P/E 0M« INDUSTRIALS 5146 ASE NT$10 200 US- 1 o«n I 11 1 on n 1000 900 ASF US$0.***** US900 a c q N 73
        4,346 words
      • Article
        SESDAQ
        900 15 0c Or M Wt 7*96 LMl V«4 ©d» l«t 0>.t. Otv M« VM MM Ca t)| Mpo U» ftw» C—p—y hli COOOI HH» U» layr Mir Cw Wl W Ww 269 US 2000 URHKWk WO 640 109 1*3 IM 109 10 M2 0.1 "7.5 016 174 119 60 2049
        900 words
      • Article, Illustration
        Falls in regional markets a boon to local blue chips
        875 16  -  STOCK MARKET COMMEMTART Bat Malaysian stocks, safe for second board counters, failed to take off despite abundant budget rumours circulating in market By R Sivanithy [SINGAPORE] Region-wide weakness yesterday benefited local blue chips, sending the Straits Times Industrials Index up
        875 words
      • Article, Illustration
        HOT STOCK
        65 16  -  > w fay: Paul Leo HONG FOK CORP yesterday fell two cents to $1.93 with 20,000 units done, compared to its 10<tay average of 21,400 shares. A bounce to $2.30 is in the cards. Relative Strength Indices are either netural or near oversold territory. Average Directional Movement Index
        65 words
      • ON THE GRAPEVINE
        • Article
          High-fidelity stocks
          132 16 INDONESIAN-CONTROLLED ABR Holdings was one of the market's best performers yesterday, with its stock shooting up 15 per cent This could be sparked by hopes of more announcements to follow the company's recent purchase of a significant stake in an Australian food company. But it could also be
          132 words
        • Article
          Battle for tarmac space
          82 16 SINCE the Suntec City convention centre was opened nearly two years ago, many businessmen and bankers have often compared it with the more established Raffles City Convention Centre. Raffles City, the argument goes, is the more chic and elegant. But Suntec City is bigger and more
          82 words
        • Article
          Same stall,different prices!
          87 16 A NOT-SO-GENEROUS reporter bought his contact lunch at the Clarke Quay Hawker Centre, complete with a fairly-priced $1 soft drink. With a little time left to kill, he proposed a second drink but this time in the service area. The same drink was ordered from the same
          87 words
        • Article
          Late reminders
          129 16 TERRY DIEDERLE is an unusual entrepreneur. A fourth-generation funeral director in Aurora, Illinois, Mr Diederle wanted to capitalise on a growing trend towards cremation. So he created a product that taps the market: memorial keepsakes. "I admit this is quite unique, to say the least, and it is
          129 words
        • Article
          Asian borrowings up 59 per cent
          107 16 IFR Securities Data's latest league table shows that Asian entities raised a hefty US$B6 billion (Ssl22 billion) in the international loan markets during the first three quarters of this year. This compares with US$54 billion during the same period last year. The biggest increase
          107 words
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      73 7 poggerr pohiffl The Ultimate Kitchen POGGENPOHL MOBELWERKE GmBH ANNOUNCES THE APPOINTMENT OF EUROKITCHEN HOLDINGS AS A SOLE DISTRIBUTOR FOR POGGENPOHL EXCLUSIVE KITCHEN SYSTEMS IN SINGAPORE AND INDONESIA. SHOWROOM OPENING SOON WITH THE LATEST KITCHEN INNOVATIONS, TREND-SETTING STYLES AND EXPRESSIVE COLOURS. LIMITED EDITION BY POGGENPOHL IMAGES BY POGGENPOHL SHARKER TRADITIONAL DESIGNS
      73 words
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      39 12 ♦The Taiwan stock market was closed yesterday. •jTyTTTTV^r T TTT| [wSSmTBSiI AVAILABLE AT newsstandsjl How to enhance your company profile? I<) 11 in I out. <cl 11 Jor InJI i! I or I ioiKI l< I HI iln 2
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      59 13 r* Send lO free faxes toctayl J§|| I I I I Got an Internet account...try out Sen d e-mail to any piace in I 111 —-r-sa MMAILER jsest- JptoJ I direct to a fax machine. lll'A IWl#%|kbl 1 R^^ra^Tlrt^sthm 96 vM V trialofteMailec*^ I ty tjEEMEBI af http J/www jelal
      59 words
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      32 14 Tamil Murasu, the national Tamil newspaper is now sold in all NTUC Fairprice J OLltletS. Tamil \1 n not anv Tamil newspaper. but Tamil newspaper. I v /gmf Singapore Press 9MU Holdings
      32 words
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      122 15 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 Leong Finance
      122 words
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      29 15 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
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      783 16 THE COMPANIES ACT, CAP. RELIABLE AND CONSTANT ENTERPRISE PTE LTD r COMPANIES ACT At a General Meeting of Reliable and Contain Enterprise Pie I id July convened CHAPTER SO and held on 23rd October 19%. the following special resolution was passed nCIMUMpQW SPECIAL RESOLUTION HOT" 1 Qf Rlto t irpoM
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      129 16 A quick look at the markets. For Financial News, call 1900-913-0001, at 30 cents a minute. The Best of Wu Guanzhong Exhibition 11 25 Nov. 96, Jakarta "Tke Lion Grove Garden" Ink and colour on paper 144 x 297 cm 1990 Auction Estimate U*****,000.00 Opening 11 November 1996, 7pm by
      129 words
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  • ISEAS Trends
    • Article, Illustration
      In search of the elusive EAEC
      1247 17  -  There is uncertainty outside East Asia that a common regional destiny is necessarily a good thing for the global economy. Biuon Knrus examines the issue Bilson Kurus Dr Bilson Kurus is a Visiting Research Associate with the Institute for Development Studies, Sabah, Malaysia. THE
      1,247 words
    • Article
      An alliance is a two-way street
      1061 17  -  The United States continues to need allies in the Post-Gold War era By] Robyn Lim Dr Robyn Lim is professor of international relations at Hiroshima Shudo University, Japan. South-east Asians will have noted that no Asean state was included in the definition of American
      1,061 words
    • Article, Illustration
      Lock icon Are Australia and Asia still on track?
      892 17  -  Questions about Australia's Asian policy abound following a series of events By] Milton Osborne Dr Milton Osborne is a freelance writer and consultant on Asian issues based in Sydney and a former senior Australian intelligence i analyst. AFTER nearly seven months in office,
      REUTER; AFP  -  892 words
    • Article
      Singapore and its absence
      1173 18  -  The concerns and psyche of post-1965 Singaporeans are beginning to be reflected in works of art, writes Shirley Cteok-Un Urn Shirley Geok-Lin Lim Professor Shirley Geok-Lin Lint is Fulbright Distinguished Lecturer at the National Institute of Education, Nanyang Technological University, and Professor of English and Women's
      1,173 words
    • Article
      The dividing line between public and private morality
      987 18  -  BOOK REVIEW By, Amyn B Sajoo Dr Amyn B Sajoo is an independent consultant based in Vancouver, and was the author, as Canada-Asean Fellow at ISEAS, of Pluralism in Old Societies and New States (1994). Yes to a Global Ethic (By Hans
      987 words
    • Article, Illustration
      Lock icon The role of transport in regional economies
      1063 18  -  There has been a tendency to overrate the importance of good transportation links in economic development By] Robert N Schwartz Robert N Schwartz is a Visiting Associate at the Institute of Southeast Asian Studies. A PREVALENT school of thought argues that in order
      AFP  -  1,063 words
    • Article, Illustration
      Lock icon Of party elections and political ethics
      1129 19  -  t m Harper analyses the significance of events in the recent Umno General Assembly T N Harper Dr T N Harper is a Research Fellow at the Institute of Southeast Asian Studies. MALAYSIA'S liveliest political ritual has just come to a conclusion: the General
      REUTER  -  1,129 words
    • Article, Illustration
      Lock icon Significance of Malaysia's United Nations role
      986 19  -  Among small-sized countries Malaysia has a disproportionate role in the United Nations By, Johu Saravanamuttu Professor Johan Saravanamuttu is Dean. School of Social Sciences, Universiti Sains Malaysia. ON its 51st anniversary, the United Nations has come under intense scrutiny by its 185 member-states seeking
      REUTER  -  986 words
    • Article, Illustration
      Lock icon Shifting ties: China, India and Myanmar
      1234 20  -  Strategic considerations dictate relations amongst the three countries. Dipaakar Banerjee looks at the issue Dipankar Banerjee Major General Dipankar Banerjee (Retd) is the Deputy Director of the Institute for Defence Studies and Analyses, New Delhi. ALAND border of 1,643 km along the low Patkai
      REUTER  -  1,234 words
    • Article, Illustration
      Lock icon Zoning-in on North Korea's economic life-line
      1439 20  -  The Rqin-Sonbong free trade zone is one of the few promising developments in a straggling economy ity Mark J Valencia Dr Mark J Valencia is a Senior Fellow in the East-West Center, Honolulu, Hajvaii. NORTH Korea's hosting of a UNDP/Unido co-spon-sored International Investment and
      REUTER  -  1,439 words
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      249 18 |Trends| A immihly puMkntkm u« thy liwiilule »(Souihwm Viuin Siudlw The Publication Editors-in-chief S. Rajaratnam Chia Siow Yue Editor Derek da Cunha Associate Editor P. Lim Pui Huen Assistant Editor Ronald Kow Business Manager Leonard C. Sebastian International Advisory Committee Jose V. Abueva (Philippines) Chan Heng Chee (Singapore) Stephen FitzGerald
      249 words
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      313 19 v 'ts%. Democracy and Capitalism: Asian and American HHHm Perspectives ■iflH|jUV B»y Robert hartley, Chan Heng Cbee, Samuel P Huntington, and Shijuro Ogata edition A look at the growing concern that in the poet-Cold War era. differing perspectives and practices of democracy and the free market could become the substance
      313 words
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      22 20 Forthcoming... Next month's Trends'wWS. feature articles on: Political integration in South-east Asia Much ado about the Diaoyus/Senkakus The race issue in Australia
      22 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      The art of sponsorship
      1346 21  -  Many companies are eager to sponsor major arts events, but shy away from low-profile activities. ben mukroe talks to officials from companies which support the cause in an unobtrusive way BEN MUNROE ON OCT 1, Ericsson Telecommunications gave $30,000 in scholarships to students at Lasalle-SIA College
      1,346 words
    • STRAWS In The Wind
      • Article
        Subliminal poll call
        56 21 A SINGAPOREAN student in London received some strange phone calls this week. Each time he picked up the call, a British female voice said "P A-P", followed by dead silence. This went on a few times all night. Befuddled, he wondered: Is someone telling him how he
        56 words
      • Article
        Getting the point across
        24 21 WHAT'S a politically correct way of saying someone is stupid? "Hmm, he/she isn't quite the sharpest knife in the drawer".
        24 words
      • Article
        Not so star-struck
        81 21 MICHAEL Jackson is in town, but not everybody knows, or cares. Two women were walking past a group of fans gathered together at the Raffles Hotel in the hope of catching a glimpse of their hero when one of them asked, "What are they waiting for? Is
        81 words
      • Article
        Abrasive action
        64 21 THE FOLKS at some publishing house are perfect testimony that those who write do not necessarily know how to spell. We received a book from them for review which, the accompanying letter said, had been highly commended in the NON-FRICTION category of the National Book Awards. Maybe that
        64 words
    • PROFILE
      • Article, Illustration
        Lock icon Doing it his way
        2142 22  -  Movie mogul Raymond Chow discusses with jaime ee about how his businesses have taken off and his plans for the near future JAIME EE HMHEN ink about men 395 somehow fig Chow f»l~ doesn't quite mKr W come to SKind. With his slight, almost frail and
        CHRIS LOH  -  2,142 words
    • DESIGN
      • Article, Illustration
        Lock icon Reaching for the sky
        2213 23  -  Norman Foster, designer of tall towers and darling of the avant-garde, is the architect the tabloids most love to hate. In an interview with jokatbamolakobt he gets a chance to answer back JONATHAN GLANCEY The Independent On Sunday IT HAS been a busy month for Norman
        The Independent On Sunday; FILE PHOTO  -  2,213 words
    • LEISURE
      • Article, Illustration
        Weird and wacky but with lots of style
        607 24  -  CINEMA II characters with tenuons links set for head-on collision in a winging thriller Holly Harrison YOU might wonder what could possibly be appealing about watching a bunch of has-beens and second-bests spend two days rattling around the San Fernando Valley till
        607 words
      • Article, Illustration
        Unhooked at the seams
        608 24  -  CINEMA Weak plot, underdeveloped characters fail to hold together Nick Cassavetes' new movie By Corinne Kerk UNHOOK the Stars starts out calmly enough, with an elderly lady dropping off newspapers in the wee hours of the morning. But before long, it's clear the slow start is
        608 words
      • Article, Illustration
        Lock icon Dream of a red wine bar
        572 25  -  NIGHTSPOT A watering hole with a hint of Chinoiserie brings a taste of France to Chinatown ity. A Surendren DEEP in the heart of the former red-light district lies the Beaujolais Wine Bar. Located in Ann Siang Hill, it's done up in deep coats
        ARTHUR LEE  -  572 words
      • Article, Illustration
        WHAT'S ON
        378 25  -  Compiled by M Yasotha THEATRE Ka-Ra-You-OK? Action Theatre's hit musical drama returns for the second season with its original cast. Directed by Ekachai Uekrongtham. Stars Hossan Leong, Deborah Png, Benjamin Ng, Emma Yong and Irene Lim. November 6 to 17 at Bpm nightly, plus matinees (3pm) on Sat
        378 words
    • EPICURE
      • Article, Illustration
        Basking in glory
        719 28  -  Sunshiny smiles and good food greet corinme kbkk at award winning restaurant J P Bastiani CORINNE KERK HAVING recently been named by the Singapore Tourist Promotion Board as the Best Dining Experience in its 11th Tourism Awards, J P Bastiani Mediterranean Bar Restaurant is still basking from
        719 words
      • Article, Illustration
        Exploring new territories in dining
        780 28  -  RESTAURANT Eat-all-you-can buffets and New Asian cuisine take over at 2 Chinese restaurants By, Jaime Ee SOMEONE call an exorcist. Dr Jekyll and Mr Hyde seem to have possessed the chefs at Suntec City's Pearl River Palace restaurant. On the one hand, they're still serving
        780 words
      • Article
        Adapting family traditions
        757 28  -  WINE CONNOISSEUR By\ N K Yong "WE are one of the oldest trad-, itonalists, but we cannot ignore the changes that are taking place," said Pio Boffa, a fourth-generation member of the Pio Cesare family whose great grandfather, Cesare Pio, founded the winery. The winery is not
        757 words
    • Article, Illustration
      CINEMA
      1092 29 At First Sight. Jonathan Silverman (The Single Guy) can't meet women he falls for and his pal Dan Cortese can't commit. Lido: 1.45; 7. Boca A Boca (Month To Month). Popular Spanish comedy where everyone is hiding behind lies. R(A). Picturehouse: 10.30; 12.45; 3; 7.30; 9.45. Courage Under Fire.
      1,092 words
    • TRAVEL
      • Article, Illustration
        Lock icon More chic than Gothic
        859 30  -  Go to Romer square if you want to see the historical side of Frankfurt Elsewhere, it is a city of modern skyscrapers, BMWs, designer delis, posh shops, and, as jaxhbbb soon discovers, very little weekend shopping JAIME EE AS THE world becomes increasingly smaller, I have,
        PHOTOS BY SAMUEL EE FOR BT; JEN CHUA  -  859 words
      • Article
        Three gateways to a European adventure
        304 30 IF YOU're used to the old system of one fare, one destination, then check out the Euro Explorer programme offered by Qantas and British Airways. Offered through a joint arrangement between the two airlines, the Euro Explorer allows you to fly into Europe via
        304 words
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      5 21 Profile Raymond Chow EL 2
      5 words
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      110 21 ftcinfuat 2rculicb jj Travel Frankfurt: more than 1599 Gothic SXJU EL 10 I I Clever, these Seasons ads. But what is 'American cuisine #> Our copywriter is sulking. No puns, no witty turns o( phrase, he's heen told. Just the straightforward information that contemporary American cuisine is the creative use
      110 words
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      39 22 when the Market gets Going, the Savvy 90 £URFIN£ Keep track of the latest Singapore and Kuala Lumpur stock prices on BT Stockwatch— http://Www.asialxom.sg/Mstocks on the Internet I BUSINESS CEWTWEI YOUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS NEWSANDJNFORMATTON
      39 words
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      51 23 ••> "V* »V -if-. A I 11 II I pr I fl aft 9 w jl < jI j k9 S I! V Kflr- p£ mm v ~it J V 5®3 Orchard Road #01-42 Forum. The Shopping Mai. Singapore Tel: 733 6272 435 Orchard Road Level 1. Iseton Orchard Singapore
      51 words
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      22 24 SALUT i RESTAURANT 8c WINE BAR cuisine I French j *W 8 Jk« W& TNK HOUSE SMCIAITY: Panfried Foie Gras SINGAPORE BUSINESS
      22 words
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      38 24 Is **> H^SQbte^ 'jfel&Mfei cr&J^j| SINGAPORE'S MOST INSPIRING HOMES 143 PAGES OF WONDERFUL ROOMS AND IDEAS tV's V A GREAT BOOK FOR YOURSELF. FAMILY OR FRIENDS GET IT AT TIMES THE BOOKSHOP IN CENTREPOINT. PLAZA SINGAPURA AND RAFFLES CITY
      38 words
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      359 25 Where to wine, dine and entertain APOacftlOTO. i (7> M M >6 *h o rO/n o/.- if Our specialty Chefs N 0$ al< ®°B' ono ln< Pak Kaler will whip up a m lip smacking array of I Sundanese m Cuisine. m So join us at Kintamani for Karedok m
      359 words
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      Page 25 Advertisements Column 2
      149 25 Have a Bubbly Sunday iL t Brunch with your Family Only $42.00* per adult; $19.00* per child J From 11 arb to 2.30pm For reservations, call 731-7934. Free Parking ROYAL SS Stviv. ROWNC PIAZA SINGAPOM I 25 Scotts Road, Singapore *****0. Tel: (65) 737-7966 Fax: (65) 737-6646 AH price* are
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      Page 25 Advertisements Column 3
      150 25 MM Now from 12 pm to 5 nm DAILY (Mon-Sun). BY POPULAR DEMAND! fjfeast on our spread of Pastries, Nomym Kueh, and local favourites like Mee Simm, Laksa, Rojmk, Mee Rebus and more! Adult: $12.80 (Sat. Sun A Public Holidays $13.80) Child: $7.80 Sub/tcl to mta charft S govt toes.
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      Page 25 Advertisements Column 4
      110 25 Est Dian Xin Restaurant At The Neptune j on Shenton Way j Dian Xin/Lunch l?/|i (*k j 11.30am-2.30pm \^f 7TH FLOOR. OVERSEAS UNION HOUSE. COU.YER QUAY. SINGAPORE *****1. TEL: 224 3922 j Great Value Semi-Buffet Dinner Comes complete with soups, salads and desserts from the buffet bar plus your choice
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      1240 26 ADVERTISEMENT Cats Get Malayan First motors H In Singapore J I iIJJ Spread over pieces of f real estate in \ee Road is the L Malayan Motors show room home to L j|_ I y 111™ Jaguar and Daimter. An impressive reflection of the pnd< of Malayan Malayan Motors glß^r^^^^><t^.!hepublic
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      784 27 The new jaguar jTC CAT I l#m L#m I#m fl J I mjT 1 MOTORS The X) Sport Range X) Sport and XJR I |\l f I j What most distinguishes the appearance v %i 1995 laguar Sales I a A A DOUUiCCI 111 Singapore The sheer the body lines,
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  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      1969 29 TODAY'S TV 5.30 Malgudi Days. Mcoinmroro imwnfo SMSST Civilian Super 8.00 Berita 12(M) VI HIUII Thomas lan Griffith, Qualifier 96. 8- 30 Sukmairama (L). warfare NataSSjaKillSkiand 3.00 Tennis World: Bermuda 1030 Indl H°* ics Aval TTIUIUIU —Elbow Beach. Appadithaan. Christopher Plummer. 3g Golfing World. m.ib AM Kaadhal Desam Weekend War,
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  • Page 30 Advertisements
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      Page 30 Advertisements Column 1
      57 30 TAP INTO I THE NEW 1 TRADEWINDS ACCOMMODATION PLAN. With our extensive network, you can book into the best hotels around the world with just one phone call or fax to us. From Penang to Paris, from Taiwan to Turkey, wherever you decide to travel, the most exclusive hotels are
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