The Business Times, 9 November 1996

Microfilm: NL20738
Total Pages: 25
1 25 The Business Times
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  • Title Section
    Masthead
    22 1 THE BUSINESS TIMES [ITA (P) 046^12/95 85c s I N G A P 0 R E Internet- http://www.asial.com.sg/bi2times WEEKEND EDITION, NOVEMBER 9-10,1996
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  • Article
    MARKET SUMMARY
    45 1 fisrn U &17.23 (+14.50) mmwr sbi U 1008.78 (+4.60) mm btcxwp U 2147J0 (+3.43) E9£! BA U M9U2(+9.98) Friday Change KISECOMP M7UM *IJ7 NtWH IiJ91J4 +4StJS HAMOSKNQ IS.ni.14 +KJ0 8W index mm Milt JAKARTA OOMP —***** >7.43 1MWMCDMP —imm +*J4 TAiPHWPI M81J6 -47.71
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  • Article
    FINANCE
    70 1 mun bates est 81 ®8— im t 1JM tstt wi MO MB YEK 1M UK IU7 m—, un uh mil 9.129 #181 BAHT_ UN MK WHAM III IMS 0.060 PB2ME KATES HWAKW_ «44 KUALALUMPUR .9.25 JAKARTA 18.09 BAMXOK IMS HANILA -.1150 MWOKONU 8M mm jjs 8TWBT 10J0 TOKYO 171
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  • Article
    Manufacturing output shrank 4.3% in Q3
    690 1  -  Sector at its worst in 10 years; 4Q likely to be weak because of high base in 1995 By. Anna Teo [SINGAPORE] Manufacturing output fell 4.3 per cent in the third quarter its worst quarterly showing in 10 years and the final quarter is
    690 words
  • Article, Illustration
    Lock icon Private property prices dipped 2% in Q3
    515 1  -  First quarterly fall since 1990 follows 10% rise in first-half By\ Michelle Low [SINGAPORE] Private property prices dipped 2 per cent in the third quarter, after rising 10 per cent in the first half. This is the first time the Urban Redevelopment Authority's
    Source: ALLAN  -  515 words
  • Article
    This downturn's more like a passing cloud
    518 1  -  OOKMBMTABT Despite a few structural snags, the economic slowdown is essentially cyclical, says VDcrui Vikram Khanna People have two favourite about this economic downturn. First to it cyclical or structural? And second, is MM Singapore too dependent on electronics? On the first question,
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      Page 1 Advertisements Column 1
      111 1 IMBIBE kwskmlhr Ptrschfli In Australia Is a school for Porsche drivers that is like no other, Pg ELB Wttart wfcowgsoed trading It reduces speculation and cuts market risk, P» 7 T*S.« >-•> MUWgfSWIC" *Whm hm,pg 7. Significance lies in the gnat number of small investors* which bodes well for the
      111 words
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      Page 1 Advertisements Column 2
      63 1 More reports, Pg 3 Electronics output down for first time in 17 quarters Financial sector still healthy, says MAS More industrialists see poorer business ahead u Thert is no fundamental change, but gfIHH then is a technical change. 99 MAS deputy managing director BfcraM commenting on whether there is a
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      Page 1 Advertisements Column 3
      35 1 x %> The new Alfred Dunhill Golf Collection. Indispensable for the serious golfer. Visit Alfred Dunhill at The Paragon, Ngee Ann City, Saga Raffles City, Daimaru Liang Court as well as leading golf and pro shops.
      35 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Chia Shi Teck: m stand if I can secure minority running mate
      469 2  -  Heshe chairman looking to field ateamforGßC Byi Chuang Peck Ming CHIA Shi Teck, the executive chairman of Sesdaq-listed Heshe Holdings, yesterday said he would stand in the coming general election only if he could secure a minority running
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    • Article
      Lock icon Party was being ruined by flawed readership: Chiam
      391 2 jCHXAM'S SUIT AGADfST SDP The Straits Times CHIAM See Tong told the High Court yesterday that he had to speak out against his own party in 1993 and again last year as it was being ruined by a flawed leadership and had
      The Straits Times  -  391 words
    • Article
      HDB's deficit from flat sales swells to almost $1b
      383 2  -  More 4-room flats sold and higher development costs By, Abdul Hadhi THE Housing Board's deficit from the sale of flats swelled three times to almost $1 billion in the last financial year. Releasing the board's annual report for the year ended
      383 words
    • Article
      SingTel eyes com centres abroad
      228 2  -  Byi Genevieve Cua SINGAPORE Telecom is looking into the feasibility of building high-tech communications centres, similar to its newly opened $150 million Telepark building, in strategic overseas sites such as China and Indonesia. BT understands Sing Tel is looking at areas where there are substantial
      228 words
    • Article
      Sale of four new housing sites coming up
      459 2  -  New sites to replace three withdrawn by URA earlier this year By\ Michelle Low THE government will seU four new residential sites by yearend to replace the three sites taken out of this year's land sales programme. The new sites add up
      459 words
    • Article
      Siang Hock rental firm wins Toyota draw
      143 2 THE first-prize winner of Borneo Motors' car-for-life contest was car rental company Siang Hock Corp. The contest, devised to drum up Corolla sales, attracted about 360 buyers. The top prize is a $100,000 fund to be managed by Prudential. Ostensibly, it is to
      143 words
    • Article
      Castrol opens $33m plant in Jurong
      300 2  -  Company's regional volume sales growing at 10% a year By Audrey Tan UK-BASED lubricants group Castrol opened its new $33 million, 22,800 sq m facility in Jurong yesterday. "Castrol's significant investment in new regional production facilities is timely," said lan Pringle, director of Castrol
      300 words
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      Page 2 Advertisements Column 1
      12 2 y.'-. v J r -?t. -Giving r v you the winning edge
      12 words
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      Page 2 Advertisements Column 2
      233 2 Rftlpoom, StogTd in China tie-up, Page 8 EXECUTIVE Appointments •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 A "isn IB) PENINSULA SECURITIES SDN. BHD. C ***** V) (A Member Company of The Kuala Lumpur Stock Exchange <w. an a Johor B hru-based stock broking firm and an fast expanding our dient base.
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      162 2 CRYPTIC CROSSWORD they drop the school subject (9) I DOWN 13 Rewrote garble, a system of ftOTiTTTIPtf 2 Appeal for devilish wisdom? (7) letters for numbers (7) 3 There is no point in trying to get IS Basic diet arranged for people ■HMPBrfRMWKjMCBBRpi any conversation out of it' (7) with
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  • 3RD QUARTER ECONOMIC SURVEY
    • Article, Illustration
      Lock icon First electronics output fall after 17 quarters of growth
      566 3  -  03 sees L 7% drop; full-year growth to be below earlier forecast of 15% By, Jennifer Lien ELECTRONICS output declined 1.7 per cent in the third quarter after 17 successive quarters of output growth. The electronics industry, which contributes about 44
      Source:  -  566 words
    • SURVEY SHORTS
      • Article
        Q3 GDP down 2.4% against Q2
        47 3 COMPARED to the preceding quarter, the annualised, seasonally-adjusted growth rate for Q3 gross domestic product (GDP) was minus 2.4 per cent. It was the second straight decline in quarter-on-quarter growth rates* The last time these numbers were negative was in 1865.
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      • Article
        Composite leading index up 0.9%
        57 3 THE composite leading index, which indicates activity about three quarters ahead, picked up by 0.9 per cent in Q3 after declining for three straight quarters. Of the.nine components in the index, four rose during Q3: new orders, money supply, stocks of finished goods and invertsd
        57 words
      • Article
        Domestic,external demand moderates
        66 3 BOTH domestic and external demand continued to moderate in Q3. Growth in total domestic demand slowed to 3.8 per cent, from double-digit rates previously, due to slower growth in private sector construction and a decline in stocks. Externa] demand grew a markedly lower 2.8 per cent. But
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      • Article
        17,300 new jobs in Q3
        89 3 THE economy added 17,300jobs in Q3, with the construction sector's 10,600 intake, including foreign workers, accounting for most of the employment. Two sectors lost jobs: manufacturing lost 3,000jobs due to relocation and the moderation of electronics demand, and commerce, 600jobs due to the winding down
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      • Article
        Record manufacturing investments
        69 3 SINGAPORE is on track for a record $8 billion manufacturing investment commitments this year. Q3 investors' inflows totalled $2.6 billion, of which 51 per cent were foreign, bringing the nine-month total to $6.4 billion. Europe was the largest foreign Investor in Q3 with commitments of $429 million,
        69 words
      • Article
        Merchandise trade shows $1b surplus
        107 3 AFTER Ave quarters in deficit and despite the downturn in external demand, the merchandise trade balance moved into a surplus of $1 billion in Q3 due to an increase in non-oil trade. The services balance rose to $6.3 billion while net investment income was maintained
        107 words
      • Article
        Quarterly retail sales stay flat
        43 3 RETAIL sales were flat in Q3 on the back of a sharp fall in motor vehicle sales and lower takings at department stores and supermarkets. The 4.8 per cent drop in visitor arrivals also affected restaurants and hotels.
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      • Article
        Public sector contracts dominate
        63 3 THE public sector accounted for 58 per cent of the $4.1 billion total contracts awarded in Q3. Both public and private sector contracts grew, 14 and 24 per cent respectively. But building starts and building completions fell sharply in Q3 due to a decline in public
        63 words
      • Article
        Inflation stays low at 1.4%
        47 3 INFLATION remained low at 1.4 per cent in Q3. External inflationary pressures were benign while domestic pressures were contained "due to keen competition and a quiet car market", said MTl's Peter Ong. Inflation in 1996 is expected at below 2 per cent.
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    • Article, Illustration
      Lock icon Sing dollar hits 8-month high against greenback
      418 3  -  S$ breaks L4O on MAS official's comments before weakening later By, Anna Teo, Larry Wee THE Singapore dollar strengthened to break below the psychological 1.40 level against the US dollar early yesterday afternoon on remarks by a senior Monetary Authority of Singapore official
      Source:  -  418 words
    • Article, Illustration
      Financial sector still healthy: MAS
      333 3  -  By, Anna Teo GROWTH in the financial services sub-sector slowed to just 3.3 per cent in Q3, but most of the sector's indicators are "still pretty healthy", said Monetary Authority of Singapore deputy managing director (banking) Koh Beng Seng yesterday. According to the Ministry of
      333 words
    • Article, Illustration
      Lock icon More industrialists see poorer business in next six months
      437 3  -  By, Jennifer Lien SENTIMENT among manufacturers has taken a dive, with more of them expecting poorer business conditions in the next six months. Reflecting the current bearish sentiment, the Economic Development Board's latest survey of business expectations in manufacturing found higher
      FILE PHOTO  -  437 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      170 3 mxckis mSSBSSSSmmm HHHHHIIHHHHF HHHHH I I Icuulw Through the Windows of Europe, C/ I v Discover the Excitement of the Orient looking around, you'd think you were in Europe. festivals celebrating the legends of the old. Co\on\a\ architecture Wnmg quaint cobblestone u ,_T A *contrastof cultures,nodoubt,butitisinMacau /M streets, a town
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        678 4 Those polled for their views on next week's Singapore stock market outlook are: Daiwa Securities, Deutsche-Morgan, Fraser Securities, GK Goh, ING Barings, OCBC Investment Research, WlCarr. Win HtMtnpr ♦(Bay) DBS Investment Research Ltd, Nov B,B3.scents. Uraco will see eight-month contributions from Longs Manufacturing Inc (LMI), in which
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      • Article, Illustration
        In My Opinion
        344 4  -  Laurence Lau ftffld of BcifiTfih Jupiter Securities, Malaysia {fin HE re o6o Malaysian I budget is non-infla-X tionary (no tax cuts, cap on consumer items), with a major thrust of promoting the IT industry and further liberalising the financial services side. The local economy has managed to
        344 words
    • Article, Illustration
      Lock icon Star gazing for traders
      987 4  -  A new software claims that stock exchange movements can be correlated with, and thus predicted by planetary cycles By. Paul Leo [SINGAPORE] TIMING is everything. You can have the best forecasting tool in the world but if your timing is out you buy or sell too
      Source: Galactic Trader  -  987 words
    • Article
      HK's growth in 1997 likely to better this year's figure
      794 4 BTE ON THE REGION External, domestic sectors are improving possible rate hike the only worry [HONGKONG] Following a slowdown in the latter half of 1995, Hongkong's economy experienced slower growth in the early part of 1996. It is generally believed
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    • Article
      Unit trust performance ranking
      518 4 Next publication date: Dec *****6 T, > lw 9mm •■tti lyr tjn tjn k— IH> *w*m lyr lyw >m 1 S OCBcfavaa C*piui 27/04/1917 -096 3 'oSS 5 H? 3 13 13 6 *4 8 4 !?8 2 3$!''**' t!l 1 4 IS 3 IS 2
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    • Article
      Lock icon Some Americans say trading mutual funds beats stocks
      483 4 Bloomberg Business News [NEW YORK] Buying and holding is for suckers. That's the attitude of Sidney Teweles, 81, who trades mutual fUnds the way some managers trade high-flying stocks, often shedding duds in a week. He says he's earned an average 20
      Bloomberg Business News  -  483 words
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  • REGION
    • Article, Illustration
      Zig-zag theory under fire
      472 5  -  JAKARTA Academics, govt economists join public debate sparked by Habibie suggestion By\ S N Vasuki THE zig-zag "theory" of reducing interest rates proposed by Indonesia's technology czar B J Habibie has been panned as unworkable by economists and senior government officials. Nevertheless, analysts feel Mr Habibie's
      472 words
    • Article
      Lock icon Foreign investment: China calls for cautious approach
      243 5 BEIJING Personal savings should be used to drive growth: papers Reuter CHINA should be cautious in approving new foreign-funded projects to avoid undermining domestic industry and prevent foreign monopolies, the official media reported yesterday. Beijing also needed to manage its foreign debt more
      Reuter  -  243 words
    • Article
      China tells Canberra of racism concerns
      216 5  -  SYDNEY By\ Surinder Singh CHINA'S Ambassador to Australia, Hua Junduo, has expressed his government's concern over the present race debate to senior Australian officials in Canberra, according to a report in yesterday's Australian Financial Review. "The report said this is the first time a
      216 words
    • Article
      Lock icon Thai central bank lifts credit growth limits
      154 5 BANGKOK AFP THE central Bank of Thailand is to remove growth limits on commercial bank and finance company credit extension in 1997, but speculative and consumer lending will still be discouraged, a bank official said yesterday. Financial institutions would be asked to submit
      AFP  -  154 words
    • Article
      Lock icon Suspended death sentence for a China 'princeling'?
      242 5 BEIJING AFP ZHOU BEIFANG, the son of the former head erf steel giant Shougang, has been given a suspended death sentence for corruption despite close ties between his family and patriarch Deng Xiaoping, Chinese sources said yesterday. It was the heaviest sentence handed
      AFP  -  242 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      284 5 Nortli Asia's Dynamic Economies In One Pond. Tke Sckroder Nortk As :ia Fund. r L m' 1 of] ri (t^ar Wt To find out more A*i* Fund leeki to ackieve I to Sckroder* experience in Fund and oktain a copy of tke proapectua, simply ring long term capital growtk ky
      284 words
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  • REGION/WORLD
    • Article
      Lock icon US missile downed TWA jet: ex-White House adviser
      540 6 CANNES He casts aside US denials, f he has document from Secret Service agent Reuter FORMER White House adviser Pierre Salinger yesterday cast aside US denials and stood by his charge that a US Navy missile accidentally shot down a TWA jumbo
      Reuter  -  540 words
    • Article, Illustration
      Lock icon Christopher first to quit Clinton cabinet
      289 6 I WASHINGTON Bloomberg Business News US PRESIDENT Bill Clinton formally accepted the resignation of Secretary of State Warren Christopher, marking the first in a roster of cabinet departures ahead of his second term. "It is with great regret at his departure but with deep
      Bloomberg Business News; REUTER  -  289 words
    • Article
      ADB raps Japan's financial institutions
      284 6  -  TOKYO By, Anthony Rowley ASIAN Development Bank president Mitsuo Sato yesterday attacked Japanese financial institutions for pouring money into "high profit and high risk" vehicles such as US hedge funds at a time when the Asia region is hungry for investment capital to fund infrastructure
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    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1406 6 art FlIGWT ETA FLIGHT no mmm cawo qbq ftiwiiw czjsi 2035 1 MMMl SO230 1815 0f82 2050 H*oi VM741 1310 S0176 1130 0f81 1930 S0I75 W0 VM740 HW Ammr RJ«7 0130 HatYtf MI893 1415 T6408 0820 kmstmtm KL843 0550 GA890 0t20 ***** 2120 {J®* 4 2^
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    • Article
      Lock icon Hashimoto calls for stronger ties with China
      141 6 TOKYO AFP PRIME Minister Ryutaro Hashimoto called yesterday for stronger ties with China. "The Japan-China relationship, which is one of the most important for us along with the Japan-US relationship, not only affects our two countries," Mr Hashimoto told a nationally-televised news conference
      AFP  -  141 words
    • Article
      Lock icon US productivity and labour costs up in third quarter
      476 6 WASHINGTON Official data suggests firm* mb maintain consumer prices Jlj 11 :ft i lit I Hi Bloomberg Business News LABOUR costs of US businesses and the productivity of workers both rose in the third quarter, suggesting companies can hold the line
      Bloomberg Business News  -  476 words
    • Article
      Baggage backlog on BA flights cleared
      354 6  -  LONDON Heathrow snarl-up blamed on equipment, staff problems By David Hughes BRITISH Airways (BA)-pas-sengers around the world who are waiting for luggage caught In a massive snarl-up at London's Heathrow airport should be getting their bags soon. A spokesman for the UK's national carrier
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  • Page 6 Miscellaneous
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Nobel IPO price of 33 cts appealing: analysts
      550 7  -  Prfee-earnmgi ratio clos6 to mainbo&rd IPOs'lnit low absolute price a phis factor By t Ang Wan May [SINGAPORE] Nobel Design Holdings, which is to be listed on Sesdaq, is offering a price earnings ratio comparable to those of stocks being listed on
      ERIC CHU  -  550 words
    • Article
      Tat Lee Bank to redevelop flagship
      319 7  -  $120 m project will house group's frontline services By] Paul Leo [SINGAPORE] Tat Lee Bank's flagship office at 63 Market Street in the Central Business District will be redeveloped at a cost of $120 million, its president Goh Tju Kiang said yesterday. Work will
      319 words
    • Article
      'When-issued' trading lowers speculation and market risk
      685 7  -  HOCK LOCK SIEW R Sivanithy THE "when issued" (WI) trading of new listings has come under a bit of scrutiny lately, probably because of the large volume and price rises enjoyed by two recent initial public offerings Labroy Marine and Delifrance. It seems
      685 words
    • Article
      Construction firm Wee Poh gets nod for Sesdaq listing
      179 7 (SINGAPORE! Wee Poh Holdings Ltd said yesterday it has received in-principle approval for a stock listing on Sesdaq. The infrastructure construction company added that its initial public offer was likely to come within a month. Wee Poh, founded in 1977 as
      179 words
    • Article
      FJ Benjamin's 50m share IPO fully subscribed
      192 7 High-end retailer's issue closes at noon on Tuesday [SINGAPORE] High-end retailer FJ Benjamin's initial public offer has been fully subscribed, said DBS Bank executive vice-president of investment banking, Eric Ang. DBS is the co-manager and co-underwriter of the issue which closes at noon
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    • Article
      Small investors to get biggest slice of Kian Ann Engineering
      335 7  -  By\ Clarissa Tan [SINGAPORE] Small Investors will get the lion's share of Klan Ann Engineering's Initial public offer (IPO). The distributor of heavy equipment and diesel engine spare parts said yesterday that successful applicants for less than 50 lots would
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    • REGIONAL COMPANIES
      • Article
        Belgacom partnering SingTel for China project
        232 8  -  By I Genevieve Cua [SINGAPORE] Belgium's telecommunications operator Belgacom will team up with its shareholder, Singapore Telecom, for a project in China. Belgacom chairman and chief executive John Goossens told BT yesterday that he expects a memorandum of understanding on the project to be
        232 words
      • Article, Illustration
        Lock icon UPP, Austrians in joint venture
        477 8  -  First project: Setting upUSsBom < STpore plant to make coated box boards By Ven Sreenivasan [SINGAPORE] United Pulp and Paper's (UPP) turnover could jump by US$25 million within the next two years when its new joint venture with an Austrian paper carton maker comes onstream.
        ARTHUR LEE  -  477 words
      • Article
        DBS Bank unit sells Raffles City, RC Hotels stake
        424 8  -  By. Agnes Wee [SINGAPORE] A DBS Bank subsidiary is the latest shareholder of Raffles City and of Westin hotels operator RC Hotels, to sell its stake to DBS Land. The move will yield a profit of at least $170 million for
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      • Article
        Lock icon Litrak Holdings to issue 81.6m shares in listing on KLSE
        353 8 It will be first road toll concession to be floated on main board Bernama [KUALA LUMPUR] Lingkaran Trans Kota Holdings Bhd (Litrak Holdings) will make an initial public offer of 81.6 million shares in conjunction with its listing on the
        Bernama  -  353 words
      • Article
        San Teh denies market rumours
        164 8 [SINGAPORE] Rubber keypad maker San Teh Ltd has denied "some market rumours surrounding" the company. In a statement yesterday, the company said these rumours were "not reflective of the actual situation of its operations". It went on to clarify that its China operations in Xiamen,
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      • Article
        Rothmans posts 36% jump in interim gain
        258 8 Rise due to export growth, satisfactory domestic volumes [SINGAPORE] Locally listed tobacco giant Rothmans Industries has hoisted its net half-time earnings 36 per cent to $24.8 million, from $18.2 million during the same period last year. Turnover for the six months to Sep
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      • Article
        Fels signs letter of intent for Hubei highway project
        315 8  -  Right to operate 298-km highway will cost USs366m By. Lu Ning [SINGAPORE] Far East Levingston Shipbuilding (Fels) is interested in becoming a highway operator in China. Acting through Hongkong subsidiary Fels China Ltd, it has signed a letter of intent with
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      • COMPANY Briefs
        • Article
          LC Development denies takeover
          59 8 [SINGAPORE] LC Development told the Stock Exchange of Singapore it was not aware of any reason for the increase in the volume and price of its shares and warrants yesterday. Referring to a Straits Times report yesterday, it said it was neither involved nor aware of
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        • Article
          Lum Chang not selling LC Dev stake
          66 8 [SINGAPORE] Lum Chang said it was not negotiating with any parties to sell its shares and/or warrants in LC Development. Referring to a Straits Times report yesterday which cited rumours of a possible takeover of LC Development, the company said its stake in
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        • Article
          ABR buying 51% stake in Aneka Food
          84 8 [SINGAPORE] ABR Holdings has entered into an agreement to buy a 51 pa* cent stake in FT Aneka Food Tatarasa Indus tri (Alt!) from PT Panjang Sejahtera Perkasa (PSP). ABR will also acquire from PSP 51 per cent of a US$2.5 million (553.47
          84 words
        • Article
          Additional Pacific Can Inv director
          35 8 [SINGAPORE] Pacific Can Investment Holdings has appointed an additional director. He is Chong Ah Kian alias Chong Lian Him, 50, who has 4,676,000 shares (6.27 per cent) in the company.
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        • Article
          Republic Hotels raises Newbury stake
          47 8 [SINGAPORE] Republic Hotels Resorts has raised its investment in Newbury Investments, a wholly-owned subsidiary, by 12,499,996 ordinary shares of $1 each through capitalisation of part of the interest-free loan owed by Newbury. The move has increased Newbury's paid-up capital to $12.5 million.
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        • Article
          Lock icon Sime Darby clarifies profit
          62 8 Bernama [KUALA LUMPUR] Sime Darby Bhd clarified to the Kuala Lumpur Stock Exchange yesterday that its actual consolidated profit before taxation foV the year ended June 30.1996 was M 51.33 billion (***** million) as stated in the annual report. However, it said after deducting gross minority
          Bernama  -  62 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon ITC deputy chief, senior executive latest to be arrested
        225 9 Reuter EpALCUTTA] India's Enforcement Directorate has arrested the deputy chairman of ITC Ltd, Saurabh Misra, and a senior company executive for alleged foreign exchange violations, enforcement officials said yesterday. "We have arrested the two on charges of serious Foreign Exchange Regulation
        Reuter  -  225 words
      • Article
        Lock icon AT&T alliance bids for stake in French telecoms network
        218 9 FT [LONDON] AT&T-Unisource, an alliance between the largest US long-distance operator and four European telecoms operators, has bid for a stake in France's second-largest telecoms network. The 8,600 km optic fibre network, linking most of France's main towns and cities, is
        FT  -  218 words
      • Article, Illustration
        Lock icon Intel shares rise after firm forecasts strong Q4
        361 9 Chipm&ker indicates strong demand for personal computers Reuter, Bloomberg Business News [SANTA CLARA, California] Intel shares rose to a record after the company said fourthquarter sales and gross margin will beat third-quarter levels, indicating strong demand for personal computers entering the holiday
        Reuter,; Bloomberg Business News; Source: Bloomberg  -  361 words
      • Article
        Lock icon Scania profit down a shocking 95%
        294 9 Share price hits lowest level since firm's IPO in April FT [SODERTALJE, Sweden] Scania, the Swedish truckmaker which came to market this year in one of the world's biggest public offerings, shocked investors on Thursday with a near 95 per cent dive in third-quarter
        FT  -  294 words
      • Article
        Lock icon Weak yen drives up profits at Toyota, Nissan
        322 9 Toyota almost quadruples profits; Nissan oat of the red Reuter (TOKYO] Japan's top car makers, Toyota Motor Corp and Nissan Motor Co, yesterday reported an impressive surge in profits for the first half of the business year thanks to a weaker yen.
        Reuter  -  322 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Paris sounds out banks on Credit Lyonnais sale
        479 10 Some European kukittidte consider state-owned oaaloaMe in current shape FT [PARIS] The French finance ministry has approached some European banks and financial institutions to discover whether there are terms on which it could sell Credit Lyonnais, the troubled stateowned bank. Goldman Sachs,
        FT  -  479 words
      • Article
        $20m injection boosts Dresdner fund
        393 10  -  DrwiMrlharntM Aria Agar fand wants UMt more IMHCUMMOHU By I Siow Li Sen (SINGAPORE] A local institutional investor has just committed $20 million to the Dresdner Thornton Asia Tiger fund, boosting its size overnight to $25 million, Dresdner Bank executives said here yesterday The delighted
        393 words
      • Article
        Lock icon MasterCard buys major stake in Mondex
        248 10 FT [LONDON] MasterCard International, the credit card consortium. has stepped up its bid to take a leading position in the embryonic cash card business by agreeing to acquire a majority stake in Mondex International of the UK. Mondex is a leading developer of "electronic
        FT  -  248 words
      • Article, Illustration
        Lock icon Bullishness on US$ still intact
        485 10 ÜBS/marfe The euphoria from the US presidential elections mw the greenback gain ground to touch a high of 1.5267 on Wednesday before falling on profit-taking to a low of 1.5010 by Thursday. It then rebounded to trade around the 1.5190 level yesterday morning. As long
        Source: DBS Bank  -  485 words
      • Article
        Lock icon Wholesale group owes German banks 500m marks
        237 10 Reuter [FRANKFURT] A consortium of top German banks led by DG Bank and Deutsche Bank is owed a total of 500 million marks (Ss4€6 million) by a group of 2,000 wholesalers on the brink of collapse, DG Bank said on Thursday. The insolvent
        Reuter  -  237 words
      • Article
        Lock icon Diamond trade at crossroads
        288 10 Reuter [LONDON] For more than 60 years, the South African mining giant De Beers has controlled the secretive world of diamonds, but it now faces serious threats to its grip on the multi-billion dollar gem trade. Anarchy in war-torn Angola, new finds in Canada and, most
        Reuter  -  288 words
      • Article
        Lock icon CURRENCY REPORT
        163 10 Reuter THE dollar, which had fallen sharply on Thursday, regained a little ground against most major European currencies. At about 1445 GMT, the dollar was worth 1.5089 marks from 1.5070 on Thursday and at 111.91 yen against 111.53 the previous session. The greenback was also trading at 1.2720
        Reuter  -  163 words
      • Article
        Lock icon Surging oil output will ease stock deficit, cap prices
        299 10 ENERGY REPORT Reuter [LONDON] World oil demand will jump sharply this winter but extra supplies from new non-Opec fields will ease severe stock shortages and keep a cap on prices, analysts say. The International Energy Agency said yesterday global oil demand
        Reuter  -  299 words
      • Article, Illustration
        Untitled
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        1,295 words
    • Article
      COMMODITY PRICES
      1573 11 1 am Lm Satt :^hm' Nov 8 Opaa Maraat DKN Jan 97 Ftft«7 mrfr fcr/Jwff WS«f97 Oct/Oac >7 moo *7JO ]A1 (V) M4J0 ***** 185.75 M7.50 M7.50 MOJO 189 50 MftOO MO SO 950 050 1625 noo 3600 44M ISS 3 CONTMCT (US cwts/h|) Mart* Mgi m Sett
      1,573 words
    • Article
      WORLD STOCK MARKETS
      2136 11 8*»8 Pw«S AB Port* 269.400 -3 AMty National 649 »1 AModOomacq 490.400 ****** Amoc 101 *800 Aid* Group 116.400 until ■ATM 1.420.400 *2 MCC 287.400 unch BOC Group 8 S3 unch m Potr oioum 645 *11 BTR 245 -4 Bank of Scotland 278 unch Barclays 94B *8.600
      2,136 words
    • Article
      Lock icon TOKYO
      1579 11 AFX-Asia Httttaiag *VU3 SHARE prices closed broadly higher, boosted by futures along with renewed buying in the cash market, brokers said. The 225-share Nikkei Average closed up 429.93 points, or 2.1 per cent, at 21,201.04. Turnover was moderately active, with an estimated 399 million shares. The December futures rose
      AFX-Asia  -  1,579 words
    • Article, Illustration
      Lock icon HONGKONG
      1585 12 AFX-Asia Hang Seng +15J0 SHARE prices closed slightly higher yesterday in volatile but directionless trading ahead of the weekend, dealers said. The Hang Seng Index closed up 15.90 points at 12,751.16 on turnover of HKSB.4I billion. A trader said the index is likely to remain range bound around current
      AFX-Asia  -  1,585 words
    • Article, Illustration
      Lock icon CHINA
      628 12 Reuter fl Shenzhen B Share Index -0.45 THE Shenzhen B market closed lower yesterday due in part to the poor debut of Chongqing Changan Automobile, brokers said. The index edged down 0.45 point to 88.90 on turnover of HK127.40 million. Changan, which listed 250 million B shares yesterday, closed
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  628 words
    • Article
      Lock icon TAIPEI
      379 12 AFP □WP lata -47.72 SHARE prices finished 0.7 per cent lower yesterday as investors retreated to the sidelines amid uncertainties over the bourse's near-term outlook. "Investors adopted a low profile in the directionless market," said a dealer. The TSE Weighted Price Index fell 47.72 points to 6,581.96. Turnover was
      AFP  -  379 words
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      Lock icon JAKARTA
      784 12 AFP nOompofltelndex *7.43 SHARE prices closed 1.2 per cent higher yesterday, nudging the Composite Index past the 600-point mark on buying from foreign funds. "It was another very exciting day on the market," said a trader, adding that foreign fUnds were returning to the bourse. The Composite Index added
      AFP  -  784 words
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      Lock icon BANGKOK
      793 12 AFP H SET Index +ISJ2 SHARE prices closed higher yesterday on foreign-led buying ahead of elections scheduled for Nov 17. Foreign investors were mainly responsible for the rise in the index as heavy buying in communications stocks helped the market move into positive territory, said a trader. The SET
      AFP  -  793 words
    • Article
      Lock icon MANILA
      347 12 AFP P Manila *2114 SHARE prices rose 0.9 per cent yesterday following a record close on Wall Street. The PSE Composite Index gained 26.94 points to 3,090.00. Turnover was 13.1 billion shares worth 3.5 billion pesos. Petron Corp rose 10 centavos to 8.80, while PLDT eased five to 1,590.
      AFP  -  347 words
    • Article
      Lock icon SEOUL
      399 12 AFP nOocipogitg Intel -166 SHARE prices closed lower yesterday, driven by margin loan-linked sell-offs in second liners, brokers said. The Composite Index eased 2.65 points at 739.11. Turnover was 26.1 million shares worth 415.6 billion won. Falls beat rises 740 to 148, Blue chips were stronger on a technical
      AFP  -  399 words
    • Article
      Lock icon SYDNEY
      607 12 AFP HAnOrttuuriai +15.4 SHARE prices rose yesterday, encouraged by a record close on Wall Street and stronger base metal prices which boosted market leader BHP. The All Ordinaries Index rose 15.4 points to 2,362.1. Turnover was 323.7 million shares valued at A 1702.3 million. Resource giant BHP closed up
      AFP  -  607 words
    • Article
      Lock icon WELLINGTON
      256 12 Reuter n Wellington AM SHARES closed slightly weaker on moderate volume yesterday as buying in market leader Telecom dried up. The NZSE-40 Capital Index shed 4.00 points to end at 2,334.89. m *f- mm ANZ Banklnq e_20 -0.» ***** Atfvan(«9MHM«i 1.29 unch ****** A4rM*wZo«Und<A> 2 48 0.06 *****2 Air
      Reuter  -  256 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Stocks up on trade surplus hopes
        7949 13 AFX-Asia Composite Index +Lf7 SHARE prices closed slightly higher yesterday on anticipation that the September trade figures will show a substantial surplus next week, dealers said. The KLSE Composite Index closed up 1.67 points at 1,179.60 on volume 0f279.9 million shares worth M 52.3
        AFX-Asia  -  7,949 words
    • WARRANTS & OPTIONS
      • Article
        Best to ignore Teck Wah wrts
        3728 14  -  WARRANT WATCH By] R Sivanithy IN early October, we looked at the nilpaid rights to Teck Wah Paper's warrants. We said then the rights were unattractive and were probably best ignored. ■Now that the warrant has listed, there's little we can find to change
        3,728 words
    • Article
      CLOB INTERNATIONAL
      2293 14 halaysian stocks Or Or 19*6 Laat Vai Day Last Quota Ot* Mr VM Mat M Cm wm> L— »tno Cmnpany Sata COOP> Ht» Laat fcggr Saiar CVr P/t ta* 625 360 mi 5000 AISBSOc 410 cd 50 406 420 5.0 4.9 OJ 86.7 420.6 119 84 msSOOl AMOeSOc
      2,293 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        972 15 TUMOVtt COOO) VALUE COOO) turn cm rtm mm tm t«* Muatrttf 30,663 177* SiM 106,748 12.743 119,467 nMnM MM MU 12.047 40.933 3.433 64.3*6 HMM 1.426 ill 1.715 3.945 440 <3*6 10,829 K),»69 20.996 36,769 15,06* 71,636 mMMw u» UM 42(i <262 MMf 140 >40 371 371 BUT 10,660 3«M7
        972 words
      • Article
        MAIN BOARD
        4496 15 Or Or m Wt 1996 Laat V P«y Laat Oust* Dkr Ml TM IM Cm A*q HMi l>» IW> C U* *h rOBW M» t— Nw CMr P/l »g Prtco INDUSTRIALS 5146 ASE NTS10 200 US' K>00 900 ASF US$0.***** US900 885 90.0 214 MS 1256 AcorSOc US176
        4,496 words
      • Article
        SESDAQ
        845 15 U6« y*. 0«T LaatOwte M H> n IM Cm An MH> Um WW >606 *h r000> 0—8 C— l*r Cw w www 289 OS 2000 AMNMpSc W7 *4 15 «7 IH tt* IM X0 tu 0.1 DM IU m M 2049 ASAumToc na ync* >34 ITS 113 IOIM BJ
        845 words
      • Article, Illustration
        HOT STOCK
        68 16  -  if Ven Sreenivasan KL Second Board-listed Long Huat is in a retracement phase now on falling volumes after hitting an all-time high of M 58.95 last week. RSI indicates that the counter is slightly into the overbought zone, while momentum indicators show further downside. However, it has support
        68 words
      • Article, Illustration
        Players shrug off economic data to zoom in on blue chips
        920 16  -  STOCK MARKET COMMENTARY Brokers believe that ftinds within the region are being taken ont of markets that have performed well and pnt into those that have been laggards By R Sivanithy [SINGAPORE] Another decent round of blue chip buying
        920 words
      • ON THE GRAPEVINE
        • Article
          SingTel to buy into Deutsche Telekom
          76 16 THE world's biggest IPO this year by Deutsche Telekom will find a subscriber in its counterpart in Singapore. A Singapore Telecom spokesperson confirmed that Sing Tel will be buying shared in the partial privatisation, which is expected to raise about 15 billion Deutschemarks (Ssl4
          76 words
        • Article
          More than a fish wrapper
          97 16 ITS NICE to know that not all our pages end up at the fishmongers. At yesterday's briefing by the Trade and Industry Ministry on the third-quarter economic survey, one panelist rifled through her flies when asked when Singapore's GDP last hit Its low. A large
          97 words
        • Article
          It's a billion-dollar steal
          144 16 THE prolonged suspension of Rashid Hussain Bhd (RHB), Maybank and Kwong Yik Bank must be starting to make punters a trifle jittery, judging by the number of rumours which have surfaced. These are almost as numerous, and some would say as accurate, as the rumours that
          144 words
        • Article
          Music to the SSO
          81 16 DRESDNER BANK executives may not be able to tell us the contribution of their Asia-Pacific operations to total group revenue but they know to the last dollar how much the bank gave to the Singapore Symphony Orchestra. To date, Dresdner. has paid out $885,000 to the
          81 words
        • Article
          Hear this, Ms Hanson
          87 16 LOOKS like Canada—or at least one Canadian city—is well on its way to achieving its goal of becoming a pan-Asian nation. According to the Vancouver Sun newspaper, only 43 per cent of the city'B populace speak English. Some 32 per cant speak a Chinese dialect, S
          87 words
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      38 7 rrf teor s CERRUTIIBBI i I i u With 40% to 70% Storewide Savings On Men's Fashionwear Accessories 1 SALE I l -z From 2nd To 17th November 1996 (10.00 am to 8.30pm) #01-15 PARAGON BY SOGO i
      38 words
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      104 8 iJm si «B'io S I 0!" Kua 9«» Asian buyers I timing right BMMHI beat a path I to London *v -v. J ■Hfl■H H H IH^^l IHH B B IE H H■ i 4L J M H TPf a iIWb 1 r r /f* I I for 1 I
      104 words
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      686 9 18 KIAN ANN ENGINEERING LTD I (Incorporated in the Republic of Singapore on 6 October 1971) I Invitation in respect of 30,000,000 New Shares of $0.20 each comprising:- I (i) 24,000,000 Offer Shares at $0.60 for each Offer Share by way of offer; and I (ii) 6,000,000 Placement Shares at
      686 words
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      Page 9 Advertisements Column 2
      692 9 f (Incorporated in the Republic of Singapore) 1 HALF YEAR FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT I Half Year Financial Statement on results for the six months ended 30 September 1996. These figures have not been I audited. I PROFIT ft LOSS STATEMENT THE GROUP THE COMPANY I 1996 1995 ♦OR-
      692 words
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      125 13 I jll% Send a.O free faxes to«toyl I Got an Internet account...tfy out Send e-mail to any place In I 111 IMB Asia One's Fax Mailer where you TV* An continental United States from I omm. can send e-mail I/I rRH All K anywhere in the world for I direct
      125 words
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      32 15 Tamil Murasu, the national Tamil newspaper is now sold in all NTUC Fairprice outlets. I.imil Mui.imi. not just t in\ amil new spapiT. hut I ,iinll iii'\\ sp.iper. fmMp Singapore Press Holdings
      32 words
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      Page 15 Advertisements Column 2
      30 15 For real- time stock information, call Quick Stock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      30 words
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      338 16 r 1 mm******* n— M BUSINESS Motices 14) I>\ I l< MM 4 1.1. I 01.1.-I Kl K I 51H1.74 I ISM.'I NOTICE IS HEREBY GIVEN that, I Ng Chong Kheng, Matthew of Blk 457,Hougang Ave 10, #10-457 Singapore *****7, have applied for a Retail Liquor Shop in respect of
      338 words
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      Page 16 Advertisements Column 2
      321 16 NOTICE IS HEREBY GIVEN that, I Teng Kim Cheong of Blk 267 Bt. Batok East Ave 4 11-214 Singapore *****7, have applied for a Public House, first class in respect of M/s Jazz Karaoke Lounge located at No. 81 to 85, Maude Rd, Singapore *****5, and that this application will
      321 words
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      Page 16 Advertisements Column 3
      273 16 NOTICE IS HEREBY GIVEN that, I C. S. Venkitachalam of 10 Guok Avenue, Singapore 0511, have applied for a Retail Beer Shop in respect of M/s Neptune Court Mini-Mart located at 33, Marine Vista, Neptune Court, Singapore 1544, and that this application will be considered by the Liquors Licensing Board
      273 words
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      Page 16 Advertisements Column 4
      38 16 Singapore Business Gfowzg fee ginning With effect from NOVCfll^ 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.
      38 words
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      Page 16 Advertisements Column 5
      342 16 IN THE MATTES OF THE COMPANIES ACT. CAP. 30 AND AD-TOP ASSOCIATES (S) PTE LTD (la Master*' Voluntary Uqnidanon) At m Extraordinary Generai Meeting of tte abovenamed coayuy My convened and held at 90 laiaa Satea •21-04 Jaian Sultan Centre. Singapore *****4 oa 2nd day of Noweater 1996 tte fcilliiwif
      342 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Business as usual
      933 17  -  Is Killiney Road in danger of turning into a yuppie hangout like Boat Quay, and is it just a matter of time before its bread and kaya make way for foccacia and pesto? Mm bb finds out JAIME EE Howe Yoon Chong, former minister and current chairman
      PHOTOS BY ERIC CHU  -  933 words
    • STRAWS In The Wind
      • Article
        Sizzling little number
        60 17 DO YOU read food labels? If you do, add clothing labels too. At Mustafa Centre, one shopper was sifting through the numerous lacy frocks in the children's section when she came upon one with a frilly multi-layered skirt. She was about to buy it when she spotted
        60 words
      • Article
        Big bad bugs
        93 17 HERE is the latest computer virus alert list issued over the Internet, so scan your computer immediately for the following: Hillary Clinton Virus: Files disappear, only to reappear mysteriously a year later, in another directory. Bob Dole Virus: Could be virulent, but it's been around too long
        93 words
      • Article
        Driving you crazy
        70 17 RADIO traffic announcements can be so annoying, especially when the deejays say unhelpful things like: "The traffic has cleared along the AYE the accident has been moved to the extreme uh, the vehicle has been moved..Or: "There is a traffic jam somewhere along the CTE near Ang
        70 words
    • VIEWPOINT
      • Article, Illustration
        Lock icon A one-of-a-kind sort of guy
        2256 18  -  Winton Blount is not thinking of retirement At 75, the chairman af Blount Int'l Inc still has a good nose for new ventures. What keeps him going? He talks to mbnubth jambs about the important influences in his life, and also shares some personal views
        CHRIS LOH  -  2,256 words
      • Article
        The Nixon that he knew
        887 18 ADYED-in-the-wool Republican, Winton Blount became Involved in high-level politics as early as 1952 when he ran a Citizens-for-Eisenhow-er campaign in Alabama. The high point for him came in 1968, when Richard Nixon ran for US president. Mr Blount recalls: "I couldn't support him because I
        887 words
    • SOCIETY
      • Article, Illustration
        Lock icon Friends for life
        1155 19  -  Pets are easy to acquire and, unfortunately, equally easy to abandon. mh hwbb unva talks to a better breed of pet-owners who would never dream of dumping the animals they have taken into their homes GOH HWEE LENG Affectionate and cuddly, they are the love of our
        PHOTOS BY CHRIS LOH  -  1,155 words
    • Article
      Potential hot-spot
      321 20  -  NKSHTSPOT By. A Surendren INDECISIVENESS isn't a virtue but somehow that seems to be the catchword for pubs these days. Rather than coming up with a well-thought out concept, many tend to go for "a bit of everything". The result? A multi-purpose entertainment concept. It certainly seems this
      321 words
    • Article, Illustration
      The perils of being perfect
      589 20  -  CINEMA He's strong bat sensitive, and he doesn't need a courtesy campaign to teach him good manners. Jean-Glande Van Damme is back as the ideal man in Mnviwinwi ttialt Byl Holly Harrison Many of you may not realise this, but Jean Van Damme is the
      589 words
    • Article, Illustration
      From boyz to men
      619 21  -  CINEMA Don't miss the W&yans brothers' deliriously wicked parody about growing up in the 'hood By i Corinne Kerk THERE'S a new comedy in town and whatever you do, don't let its silly-looking poster or impossibly long title put you off. 'Cuzifyoudid, you're missing out a
      619 words
    • Article, Illustration
      WHAT'S ON
      414 21  -  Compiled by M Yasotha THEATRE Block Sale Presented by Action Theatre, this comedy is about the Singaporean dream. An en bloc sale and its $60million proposition lures the condo residents into a web of greed, deceit and jealousy in their quest for better property prices. Until Nov 17
      414 words
    • EPICURE
      • Article, Illustration
        Milanese flavours at the Oriental
        515 23  -  RESTAURANT Chef Clandio Sfiller is raising the standard of Pronto's regular menu by quite a few notches By, Jaime Ee IT'S happening again. Just when you thought the Italian culinary invasion seemed to have stepped aside in favour of new wave Aussie fusion cuisine, words
        515 words
      • Article, Illustration
        Hey, good looking
        788 23  -  Stars is working hard to put up a good sho> w at Chijmes. jazkb bb rates its performance JAIME EE IT'S HARD not to notice when a restaurant with a pedigree like Stars opens up in Singapore. In a city where the fanciest restaurants are stuffy and
        788 words
      • Article
        The Leroy legacy
        828 23  -  WINE CONNOISSEUR Some of the most powerful and concentrated Burgnndies come from this Dom&ine By\ N K Yong MADAM Lalou Bize-Leroy of Domaine Leroy is a controversial figure in Burgundy. One of the principal owners of Domaine Romanee-Conti, a great wine-maker in her own right, and acknowledged
        828 words
    • Article, Illustration
      CINEMA
      1081 24 At First flight. Jonathan Silverman (The Single Guy) can't meet women he Calls for and his pal Dan Cortege can't commit. < Republic: lpm. Hougang: 3, 7.15. A—w fl» Whr Rn. Denzel Washington investigates whether or not Meg Ryan deserves a posthumous Medal of Honor. Cathay: 10.90; 12.45; 3;
      1,081 words
    • TRAVEL
      • Article, Illustration
        Lock icon The school for Porsches
        1303 25  -  AtAsl,s9ofora two-day course, the Porsche Experience Driving Centre in Australia's Gold Coast isn't exactly cheap. But it's a great way to help steer you back onto the pleasure track, says ROKMZBUM RONNIE LIM P OR THOSE with already a Porsche or two in their garage, it
        PHOTOS OF BLACK PORSCHE BY RONNIE LIM  -  1,303 words
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      6 17 Baffles Conversation Winton Blount EL 2
      6 words
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      112 17 Travel The perfect place for Porsche enthusiasts EL 10 I 1 K I if Clever, these Seasons ads. But what is 'American cuisine'? i i f Our copywriter is sulking. No puns, no witty turns of pkrase, he's keen told. Just tke straightforward information that contemporary American cuisine is the
      112 words
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      55 18 *mmr HOW IS IT LK€TO B€ B€HND BAPkS HIBSSImp J I V.u juil withal fM ka4 eat eammittad any crlma. Wl 113 ill JC HHffi) ftalva lata tka Jarkaat tacratt af aama af SPH n THE WORM'S MOST WANTED CRIMINALS Only 30 cents a ESfcl'lW Pan't laava it la eliaaaal
      55 words
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      48 19 'V- J c i .fv .v- '> V -.4 4 J jm k a I frnggmm MS rir~> ML gpg^ HVW v\ i > jl® 1 > 663 Orchard Road §01<42 Forum. Th« Shopping Mat, Sngapor* fat 733 6272 416 Orchard Road lav* 1, Iwtan OichaKt S»ngopore s tV V**"-
      48 words
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      135 20 SINGAPORE BUSINESS 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 I I 12months 6months Q Smooths at 5560.00 at
      135 words
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      Page 20 Advertisements Column 2
      182 20 Special Features m fori C 1~ Wt /7 C The Sunday Tl,nes -1.8 &15 December t* 1/VI& Lianhe Zaobao -14 December X Lianhe Wanbao -29 November, 11 December ~t M M Shin Min Daily News -6 &13 December J The New Paper -13 December With year-end bonuses, long holidays and
      182 words
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      709 21 Where to wine, dine and entertain MEET OUR 4 HEAVENLY KINGS Ice Kachang (Voted: our most popular) Chendol (Voted: our most refreshing) Bubur Cha Cha (Voted: our hottest) Cheng Tng (Voted: our coolest) Only at Cafe Oriental... -AM^RV 165 Tanjonc Pacar Road Singapore *****9 TFJ.: 224 4488 TEI.EX: RS *****
      709 words
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      Page 21 Advertisements Column 2
      197 21 1 tt i i n The BiGGEST Dian Xin Restaurant j l y* j At The Neptune ><325, on Shenton Way i Dian Xin/Lunch I j 11.30am-2.30pm >1 7TH FLOOR. OVERSEAS UNION HOUSE. COLIYER QUAY. SINGAPORE *****1. TEL: 224 3922 Dine for Free" Lucky Draw 1 Sep 31 Dec 96
      197 words
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      323 22 v 1 1 r W t--> !s r .i V -U /I v > 1: ■>.'=■ ?.V -rJjr. Wft -i»* >'< •V f x V-V T".» f?>- *V'>V artfv- -tillkL,' tm f ■Wir .jfe* •sr *1* v, T >fv ySWfSHI '«Jr >* '"•V *,*•< -i '■■yT-3'V-' "3*. h; •t "31
      323 words
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      218 23 I fcu I I j has b Iti it€ Hn oh f H fin art and craft of piano manufacturing. On this batit, and in close collaboration with Professor Luigi Colani, the piano of Tht f uture P'B os Grand figuring on the was created. ScktmmVCoUmi \2a V/Vh* tlli classicism,
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  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      1826 24 TODAY'S TV PnnknU 4,0 Ultraman Taro. ILOO AM TV Innovations. JJ? KAwibomlUrpom. Portrait of homicide investigators £2! M?cS «J» fr:« iMuTuS.y. V J returns for another gritty FMture rh.mj.l (Tamil TalmSi leader season. Watch out for CM Tennis World. H lWrtlt/ Emmy-nominatedArtdrs 2ESST ChuuUri, llpu, Ch B Braugher, considered one
      1,826 words
    • Miscellaneous
      Page 24 Miscellaneous Column 2
      213 24 RADIO A Oreee History .<Ml*e was shocked by the execution PteMt, BBC, today, 7 JOam by the military regime in Ecology examines how plants Nigeria of the writer and and animals are joined in the Ogoni activist Ken web of life. Saro-Wiwa. The anniversary of his death is marked by
      213 words
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      84 25 ONE FAX WILL I TAP YOU INTO [HOTELS AROUND THE WORLD. J i No matter where you're travelling to, let the Tradewinds I Accommodation Plan ensure you the best quality accommodation. Whatever your budget, wherever you travel, our extensive network I offers you the most exclusive hotels at special prices.
      84 words