The Business Times, 1 March 1997
1997-03-01
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The Business Times
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Title Section14 1997-03-01 1 THE BUSINESS TIMES MITA (P) 023/12/96 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, MARCH 1-2,199714 words
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Article65 1997-03-01 1 D SUM* (+5.07) D SmJ3 (-2.68) nvrooHP *****9 (-3.48) VI IT MA U VMM (+0.84) mac nor nana FHdnr fh— P KL8K COM* 1,271.67 +11.23 NiOKI— IMC7J0 -4HM HAJWSENO 1U9&72 14?JB SET INDEX 727JC +UI JAKARTA COM* WJ7 AM MANILA COUP JJIU8 -l&M IWPH WPI *****2 HUK SHXJLCOMP65 words
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Article69 1997-03-01 1 USS 8t IRS 1.426 s jji9 tm DM MM 0842 ybnim me 1.180 ■f MM M74 HKS IU» 0.184 BAirr -MM MM 1WHAH IN 0.042 0.069 HUB 1MB HNQAPORE* 144 KUALA LUMPUR Jit JAKARTA 18.00 BANGKOK 11» MANILA 1150 HONGKONG 116 tira i» SYDNEY (N TOKYO 1M SEOUL 10.9669 words
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Article, Illustration571 1997-03-01 1 Quak Hiang Whai - China critic Jimmy Lai's firm sees an invisible hand at work to stop its IPO From Quak Hiang Whai in Hongkong A GLASS obstacle could be standing in the way of Next Media Group, the Hongkong publisher controlled by prominent Beijing571 words
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Article, Illustration182 1997-03-01 1 Bloomberg [BOMBAY] India's benchmark index surged 7 per cent, its biggest gain in five yetfs, after Finance Minister Palaniappan Chidambaram cut tax on company profits, excise duties and allowed companies to buy back shares. The benchmark 30-stock Bombay stock exchange Sensitive Index rose 246.11Bloomberg; AFP - 182 words
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350 1997-03-01 1 Quak Hiang Whai - Some dients didn't mlfee there were high risks involved From Quak Hiang Whai in Hongkong CAVEAT emptor, or let the buyer beware, is an accepted principle but Salomon Brothers Hong Kong Limited was publicly reprimanded yesterday for not giving the350 words
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290 1997-03-01 1 ENV signs deal for study on deep tunnel sewerage system [SINGAPORE] A study has been commissioned to look into the possibility of building a deep tunnel sewerage system (DTSS) which could free up 290 hectares of land for residential and290 words
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436 1997-03-01 1 Conrad Raj - Pontiac Marina wins case over its Mfllenia name; CDL Hotels ordered to bear costs Bp Conrad Raj [SINGAPORE] Pontiac Marina has won its case to stop the Hong Leong Group's CDL Hotels International from using the Millennium name for its hotels in436 words
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Page 1 Advertisements
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Advertisement129 1997-03-01 1 mama Stock market guru David FuDer enjoys the markets enormously the challenge, the uncertainty and the learning curve, BL2 SaonitiMM Nobody's saying if s easy. But with guts, gumption and the right attitude, nongraduates can make it to the top of die corporate ladder. Hiree men who did just that129 words
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Advertisement14 1997-03-01 1 Industry, markets hail big-bang budget, Pg 4 Commentary: Investors* dream come true, Pg 414 words
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Advertisement37 1997-03-01 1 The new Alfred Dunhill Golf Collection. Indispensable for the serious golfer. Vb» Alfred Dunhill at Raffles Hotel Arcade, The Pomgon. Ngee Ann City, Sogo Raffles City, Daimaru Liang Court as well as leading go* and pro shops.37 words
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SINGAPORE AT HOME & ABROAD
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464 1997-03-01 2 Teh Hooi Ling - Enterprises in the industrial park positive about the move, says official W Teh Hooi Ling THE Suzhou Industrial Park (SIP) in China will start implementing a trial Central Provident Fund scheme from April 1 as part of its adaptation of Singapore's464 words
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Article, Illustration343 1997-03-01 2 Michelle Low - URA releases DGPs for 3 other areasSeletar, Mandai, Changi Bay By. Michelle Low [SINGAPORE] The government is still studying detailed planning proposals for Marina East, which is expected to evolve into a whole new prime district facing the future Marina South city centre. The343 words
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Article, Illustration321 1997-03-01 2 Abdul Hadhi - Firm says its price trends indicate a very mixed market By. Abdul Hadhi SOME broking analysts are sticking to their views that private residential prices have not eased more than 5-10 per cent since the government introduced stiff anti-specula-tion measuresSource: U; ALLAN - 321 words
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Article, Illustration293 1997-03-01 2 Ang Wan May - By Ang Wan May THE number of overseas trips made from Singapore is growing at some four to six times faster than the number of visitors coming in. A final tally has not been made but initial figures offered by 17 national tourist officesFILE PHOTO - 293 words
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Article, Illustration395 1997-03-01 2 Chuang Peck Ming - ftyi Chuang Peck Ming THE man who runs the education service will take over as chief tax collector following a major reshuffle in the civil service which will take effect from April 1. The changes involving six top officials and four ministries will see Koh395 words
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320 1997-03-01 2 Teh Hooi Ling - Teh Hooi Ling THE Telecommunication Authority of Singapore (TAS) will launch today a tender exercise for two new full telecommunications service licences that start in April 2000. Under the first phase of the exercise, or the pre-qualifica-tion tender from today till May320 words
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212 1997-03-01 2 The Straits Times [HAßAßE, Zimbabwe] Zimbabwean President Robert Mugabe greeted with a warm welcome Prime Minister Goh Chok Tong and Mrs Goh when they touched down in Harare yesterday. In the noon heat, strains of the national anthem, Majullah Singapura, greeted MrThe Straits Times - 212 words
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110 1997-03-01 2 THE CivU Aviation Authority of Singapore (CAAS) said yesterday that air cargo throughput in Singapore reached 1.19 million tonnes last year, ahead of all other airports in the region. Last year's cargo volume, a 7.7 per cent increase over 1995, was110 words
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Page 2 Miscellaneous
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Miscellaneous333 1997-03-01 2 UKVPTIU CROSSWORD 9 Minor way one can cut up? Bj of exchange (7) ZZjiIEZ-jiHZJiriiLZJIkHZJiEZJiL^Z 20 Moves furtively in southern 25 Sensational overall sum paid LJ—LJ— 27 Eye-opener for a beautiful lady (10) 11 Pir notices all over the place YESTERDAY'S SOLUTION DOWN i" this check? (10) 12 Discharge of tar333 words
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FOCUS: PERSONAL FINANCE & INVESTMENT
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BULL'SEYE
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Article, Illustration662 1997-03-01 3 Those polled for their views on next week's Singapore stock market outlook are: Alliance Securities, Daiwa Securities, Deut-sche-Morgan, Fraser Securities, GK Goh, ING Barings, Merrill Lynch, Phillip Securities. United Overseas Bank (UOB) ♦(Buy) Fraser Securities, Feb 25, (L) $8.45 (F) $16.10 The group is projected to register662 words
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Article, Illustration360 1997-03-01 3 Peter Hames - Peter Hames Director, Abtrust Fund Managers (Singapore) 44T N RECENT months, a I lot of press coverage X has been given to the concept of creating shareholder value and the ability of companies to earn returns for shareholders over and above their cost of capital. A number360 words
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Article1098 1997-03-01 3 Lee Yoke Har - Most market watchers say fears of devaluation are overdone and the market may already have discounted the possibility Ha- Lee Yoke Har [SINGAPORE] ARE you terribly spooked by the Thai stock market because of the recent rumours of a devaluation? Well, don't be. The1,098 words
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Article, Illustration510 1997-03-01 3 Annette Pau - By Annette Pau [SINGAPORE] Analysts are generally positive about Omni Industries' initial public offering, which closes on March 3. They point out that Omni is a professionally-run company based on the track record of its management team. An electronics analyst withFILE PHOTO - 510 words
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689 1997-03-01 3 David Goh - The Back of the ENVELOPE By David Goh [SINGAPORE] Home buyers expecting sweet revenge in the coming months may find themselves facing stubborn sellers. Particularly for buyers of new developments, the current stand-off may not see developers slashing prices in panic as competition hots689 words
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567 1997-03-01 3 David Chang - EYE ON THE REGIOM: JAKARTA Stockm&rket has overtaken Thailand's in market cap From David Chang The writer is the director of research at PT Vickers Ballas Tamara in Jakarta THE combined Chinese New Year and Aidilfitri festivities extended its euphoric mood after the567 words
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REGION
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559 1997-03-01 4 THE INDIAN BUDGET Big cuts in income taxes; tariffs on computers slashed Reuter AFP Bloomberg [NEW DELHI] The Indian government proposed slashing corporate and personal income taxes yesterday with a new budget plan that looked to Asia's Tiger economies and delighted business and stockmarket analysts.Reuter; AFP; Bloomberg - 559 words
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Article, Illustration614 1997-03-01 4 Vikram Khanna - COMMENTARY Chidambaram has gone beyond expectations but he has skirted some vital Issues By Vikram Khanna IF investors in India Indian or foreign were asked to spell out a dream budget, something they might come up with if it were up to them, it would probably614 words
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Article, Illustration37 1997-03-01 4 [TOKYO] Employees of Odakyu Department Store demonstrating masks to slim theirfaces at its headquarters in Tokyo yesterday. The mask is made of aluminium sheet and heat insulating material and costs 900 yen (U5510.53). AFPAFP - 37 words
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Article148 1997-03-01 4 BOMBAY Reuter A WIDESPREAD power failure plunged many areas of India's commercial capital Bombay into darkness late yesterday, city officials said. "Bombay, Thane and two other adjoining districts of Maharashtra are totally in the dark," an official at the state police headquarters told Reuters. People makingReuter - 148 words
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359 1997-03-01 4 WASHINGTON Reuter THE United States welcomed on Thursday a possible Chinese concession on human rights but said it still plans to seek a United Nations resolution condemning Beijing's record next month in the absence of more progress. If China signs two key UNReuter - 359 words
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499 1997-03-01 4 BEIJING Issue still a barrier 25 years after Shanghai pact: daily AFP CHINA called on the United States to scale back its support for the Taiwan regime yesterday, the 25th anniversary of a historic agreement that broke open ties between Beijing andAFP - 499 words
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253 1997-03-01 4 BANGKOK Reuter A SENIOR Bank of Thailand official said yesterday that liquidity problems in the finance sector lingered but the situation, at least for the short-term, was under control. More finance companies facing tight liquidity had come forward to ask for assistanceReuter - 253 words
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511 1997-03-01 5 BEIJING But its spokesman says changes will not lead to a copy of Western systems AFP [BEIJING] China's parliament hinted at a thaw following the death of Deng Xiaoping by calling yesterday for political reform to match the nation's striking economic reforms. "Deng XiaopingAFP - 511 words
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160 1997-03-01 5 TOKYO AFX-Asia SHARE prices closed sharply lower, pressured by active fu-tures-linked selling on renewed concerns over the heavy upside to share prices as recent short covering has run its course, brokers said yesterday. The Nikkei 225 index closed down 464.56 points at 18,557,AFX-Asia - 160 words
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Article, Illustration48 1997-03-01 5 [SYDNEY] Commuters waiting for an underground train in Sydney yesterday as rail chiefs admitted the city's rail network is in shambles. With only three years to go until the 2000 Olympics, at least one in four trains run late if at all. AFPAFP - 48 words
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426 1997-03-01 5 BEIJING No risky moves seen before HE handover and party congress Reuter CHINA is expected to unveil a cautious budget this weekend, avoiding bold but risky moves in 1997, the crucial year of the recovery of Hongkong and a major meetingReuter - 426 words
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256 1997-03-01 5 HONGKONG AFP TUNG Chee-hwa, who will lead Hongkong after China takes over the territory in July, said yesterday that housing! poverty and the elderly were more important concerns than political freedoms. In a separate speech, the chief executive-designate also made clear his intention toAFP - 256 words
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371 1997-03-01 5 Siow Li Sen - SINGAPORE By I Siow Li Sen EAST Asian countries' public and private investments, as a proportion of their GDP (gross domestic product), are the highest among developing countries. The list is led by Thailand, South Korea and Malaysia, says World Bank unit371 words
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Article1531 1997-03-01 4 CITY FUSHT ETA FU6HT ETP Fukuoka SOW 1730 SQ990 0115 Abu MmM JU470 1855 GA890 0120 jgjg CZ351 2035 _j_ 1 Hanoi VM741 1310 S0176 1130 AdolaM* SO230 1815 0F82 2050 SWTS HIP W740 MO 0F81 1930 j MjtVal MI893 M15 TG408 0820 A«*« l_ MIT1,531 words
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Page 5 Advertisements
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Advertisement1113 1997-03-01 5 II Overseas Union Securities Limited I I (Incorporated in the Republic of Singapore) 11 II ANNOUNCEMENT I I The Board of Directors of Overseas Union Securities Limited wishes to announce:- 11 I I AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1996 11 I I The Croup The Company 111,113 words
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REGION/WORLD
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489 1997-03-01 6 WASHINGTON Inflation at 30-yr low as the economy grew last year at a 2.4% pace over 1995 Bloomberg THE US economy grew at a slower pace in the fourth quarter than the government previously estimated while inflation remained at a 30-year low.Bloomberg - 489 words
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363 1997-03-01 6 SEOUL Intelligence official suspected of relaying information to the president's son AFP SOUTH Korean President Kim Young Sam yesterday sacked four influential officials of his secretariat and one senior intelligence officer in a clean-up of his government, tainted by a damagingAFP - 363 words
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173 1997-03-01 6 SEOUL Bloomberg SOUTH Korean companies such as Hyundai Motor Co and Daewoo Motors Corp braced for further strikes after the ruling and opposition parties failed to agree in last-minute talks to rewrite a controversial labour law. Negotiations made little progress asBloomberg - 173 words
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196 1997-03-01 6 LONDON Reuter THE BBC said that it would yesterday complete the sale of its domestic radio and television transmission business to a US-led consortium for £244 million (*****.2 million). The unit is being bought by Castle Transmission Services, a consortium headed byReuter - 196 words
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Article, Illustration53 1997-03-01 6 [MELBOURNE] The Three Tenors (from left) Jose Carreras. Luciano Pavarotti and Placido Domingo trying on traditional Australian Akubra bush hats before a news conference here yesterday. The three will perform at their only Australian concert in Melbourne tonight for which more than 50,000 tickets haveREUTER - 53 words
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230 1997-03-01 6 NEW YORK Reuter US economists expect the Federal Reserve to keep interest rates unchanged at its March 25 policy meeting despite recent hawkish comments by Fed chief Alan Greenspan. But the odds of a rate hike in May appear higher, according to a surveyReuter - 230 words
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189 1997-03-01 6 WASHINGTON Reuter THE United States and Taiwan have agreed to a free market aviation agreement that ends restrictions on (lights between the two countries, the US Transportation Department announced yesterday. The accord will lift curbs on bilateral passenger and cargo operations, enablingReuter - 189 words
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224 1997-03-01 6 WASHINGTON AFP THE Federal Bureau of Investigation is examining whether China sought to influence US lawmakers through illegal campaign contributions and payments from Chinese-con-trolled businesses, the Washington Post said yesterday. The probe by the FBI predates a Justice Department investigation into possibleAFP - 224 words
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242 1997-03-01 6 MOSCOW He says he will have to take over finance but gives few clues on expected reshuffle Reuter RUSSIAN President Boris Yeltsin, making a comeback after illness, yesterday sharply criticised his government for producing a "bad budget" and said he wouldReuter - 242 words
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Article, Illustration713 1997-03-01 6 Neil Behrmann - LETTER FROM LOUDON Labour's convincing win spells trouble for Conservatives Neil Behrmann JOHN Major is in dire trouble. The Labour Party secured a remarkable 17 per cent swing in its favour early yesterday morning in a by-election in Wirral South, near Liverpool.713 words
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Page 6 Miscellaneous
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Miscellaneous130 1997-03-01 6 DOONESBURY By Garry Trudeau ANP/F YOU'U- FOR6/VE TTE FXCUSSME, ITS ONE THING TO WELI. PRZSUMPTION, GENTLEMEN. \M FOR IN- SIR, BUT IN- TALK ABOUT PRA WHO W&IiJELL, YOU M anTuip Hi I THINK THEPARALLELSBF W STANCE, TBNTIONSPONT MAVCCHANGF; ITS EAY9 |Wi POHAVE H HvrrrtZi W TWEBNMEANPTEPPVROOSE- W JINTBNP.. CREATE HIS-130 words
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COMPANIES & MARKETS
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Article, Illustration138 1997-03-01 7 [SINGAPORE] Singapore Airlines deputy chairman Cheong Choong Kong joins the board of directors of publishing group Singapore Press Holdings Ltd (SPH) today. SPH said yesterday that Dr Cheong, who is also SLA chief executive officer, will be a non-executive director. Dr Cheong joined SIA138 words
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Article, Illustration220 1997-03-01 7 R Sivanithy - By. R Sivanithy [SINGAPORE] Shares of stationery firm Nippecraft Ltd, the local market's latest takeover target, yesterday performed disappointingly aifter news that new owners Asia Pulp Paper (APP) are only paying 35 cents per share. Upon resuming trading yesterday after a two-day suspension,Source: Bloomberg; ALLAN - 220 words
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734 1997-03-01 7 Neil Behrmann - HOCK LOCK SIEW Neil Behrmann TEN years ago, Standard Chartered fought for independence against predator Lloyds Bank. Stanchart escaped from the giant UK clearing bank's £1.3 billion (552.99 billion) hostile bid, partly because Malaysian financier Khoo Teck Puat and other wealthy734 words
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469 1997-03-01 7 Agnes Wee - Hotel renovations, slow tourist arrival growth and stiff competition cited By Agnes Wee [SINGAPORE] Republic Hotels Resorts (RHR) expects 1997 to be a successful year after major renovation works in its hotels, rising competition and funding costs resulted in a 5.9 per cent469 words
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Article256 1997-03-01 7 Jenny Lam - It sees extraordinary loss from closure of packaging unit By, Jenny Lam [SINGAPORE] United Pulp and Paper (UPP) has reported a 5 per cent rise in group net earnings to $2.14 million for the year ended Dec 31,1996. Turnover dipped 1.5 per cent to256 words
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Article, Illustration300 1997-03-01 7 Christopher Tan - Company will meet requirements by September: chairman By i Christopher Tan [SINGAPORE) Sesdaq-listed Wearnes International will apply for an upgrade to the mainboard by the end of the third quarter. The hi-tech and automotive trader also expects an upturn in the regionalFILE PHOTO - 300 words
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REGIONAL COMPANIES
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Article, Illustration345 1997-03-01 8 Abdul Hadhi - Top hid of $079 per sq ft per plot ratio at high end of market expectations By, Abdul Hadhi [SINGAPORE] Sime Singapore has clinched the tender for Carlton Building on Cecil Street with a top bid of $93.88 million or $979 per sq345 words
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236 1997-03-01 8 Jenny Lam - By, Jenny Lam [SINGAPORE] Property company Liang Court is making a foray into East Malaysia with a joint venture office-cum-apartment development in the business district of Kuching, Sarawak. Liang Court said its Malaysian subsidiary Liang Court (Malaysia) Sdn Bhd had formed Liang Court Wanisara236 words
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434 1997-03-01 8 CDL Investments posts 36% rise in net profit for 1996 Reuter [WELLINGTON] CDL Investments Ltd said yesterday it was still actively seeking land investment opportunities particularly in growth areas in New Zealand. In a statement issued yesterday, it reported a net profitReuter - 434 words
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COMPANYBriefs
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Article54 1997-03-01 8 [SINGAPORE] Falmac Ltd yesterday posted a 31 per cent drop in group net earnings to *****,000 on turnover of 559.75 million for the six months ended Nov 30,1996. The expiry of the company's post pioneer tax incentive status led to a 57 per cent increase in54 words
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43 1997-03-01 8 [SINGAPORE] Material Handling Engineering yesterday reported interim group net earnings of 5540,000, against a loss of *****.000 in the previous corresponding period. Turnover inched up 1.1 per cent to 5110.04 million for the six months ended Dec 31,1996.43 words
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Article, Illustration58 1997-03-01 8 Reuter [TOKYO] NEC Corp executive vice-president Tomoo Miyawaki yesterday unveiled the world's thinnest television, Plasma-X, measuring only 99mm in width. The company is the second in Japan to market 42-inch plasma display panel-based TVs using flat panel technology. The new product, priced at 1.2 million yen (5514,400)Reuter - 58 words
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Article58 1997-03-01 8 [SINGAPORE] Amtek Engineering will pay 120 million yen to Syvec Corporation of Japan for the exclusive right to use the latter's metal stamping technology in Singapore, Malaysia, Indonesia, Thailand and the Philippines. It will also pay royalties of 2.5-5 per cent of the net selling price58 words
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Article51 1997-03-01 8 [SINGAPORE] Haw Par Brothers International subsidiary Underwater World International Pte Ltd (UWI) has formed a 60:40 Joint venture with Malaysia's Lion group subsidiary Ayer Keroh Resort Sdn Bhd to develop an underwater aquarium in Mahkota Malaka at a cost of M 113.3 million (517.651 words
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40 1997-03-01 8 [SINGAPORE] Infrastructure communications firm Teledata is investing US$l.25 million (Ssl.7 million) in a 25 per cent stake in Israeli R&D firm Mavix Ltd, a specialist in software for remote surveillance, traffic and transportation management.40 words
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120 1997-03-01 8 AFX-Asia (BANGKOK] The Stock Exchange of Thailand said it has modified regulations on financial disclosure for listed companies. The statement said that based on new regulations, listed companies will now be required to disclose quarterly cashflows in the usual threemonth financial reports, startingAFX-Asia - 120 words
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228 1997-03-01 8 Agnes Wee - By. Agnes Wee [SINGAPORE] Sembawang In-dustrial-led PT Alam Indah Bintan is launching the sale of 110 condotel units on the Indonesian island of Bintan for *****,000 and up. The Banyu Biru condotel is available in three designs studio, studio with loft and one-bedroom228 words
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Article, Illustration384 1997-03-01 8 Shiv Taneja - By\ Shiv Taneja [SINGAPORE] In an aggressive move to grow its unit trust business in Singapore, United Overseas Bank yesterday launched a unit trust centre at its main branch dedicated to marketing its funds. The UOB Unit Trust Centre isARTHUR LEE - 384 words
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442 1997-03-01 8 It offers USs24om and stake in fntnre licensing income Reuter [HONGKONG] Hongkongbased upmarket retailer Dickson Concepts (International) Ltd said it submitted a proposal yesterday to acquire US luxury retailer Barney's Inc. The proposal offers existing Barney's owners US$24O million (Ss34o million)Reuter - 442 words
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165 1997-03-01 8 Bernama [MANILA] The Philippine affiliate of Malaysia's Malayan United Industries (MUI) Bhd has bought a controlling 60 per cent stake in a stockbroking company here, sources said yesterday. East Asia Capital Corp (EACC), one of Manila's leading investment houses, acquired AsianBernama - 165 words
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REGIONAL/INTERNATIONAL COMPANIES
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455 1997-03-01 9 Chairman's package at USslo.sm is 55% up from previous financial year NYT [NEW YORK] Morgan Stanley Group Inc, whose two top officers each earned more than US$lO million (Ssl4 million) last year, on Thursday gave a sense of just how much moneyNYT - 455 words
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Article, Illustration459 1997-03-01 9 He makes a profit of USsl3om from selling his 7.3% stake FT [NEW YORK] US corporate raider Carl Icahn on Thursday abandoned his battle to seize control of RJR Nabisco, the US tobacco and food group, by selling his 7.3FT - 459 words
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324 1997-03-01 9 Demotion for V-P, pay cut for all board members AFP [TOKYO] Major Japanese oil distributor Mitsubishi Oil Co Ltd said yesterday its chairman would resign to take blame for shady deals with a dealer charged with bribery and tax evasion. "It is obvious thatAFP - 324 words
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COMPANYBriefs
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Article69 1997-03-01 9 Bloomberg [MELBOURNE] Alcoa of Australia Ltd, the world's biggest alumina producer, said it will cut its market capitalisation by As3oo million (*****.7 million). The company's financial strength and strong business outlook enabled the move, said Roger Vines, chairman and managing director of Alcoa of Australia. Nevertheless,Bloomberg - 69 words
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67 1997-03-01 9 Bloomberg [TOKYO] Shares of Nippon Telegraph Telephone Corp, Japan's largest phone company, fell as much as 5 per cent to 849,000 yen, after it said it expects to post pretax profit of 354 billion yen (5)4.2 billion) in the year to March 1998.Bloomberg - 67 words
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93 1997-03-01 9 Reuter [LONDON] British pay television giant BSkyß pic, a key part of Rupert Murdoch's News Corp international media empire, on Thursday staked its claim to a lead role in the development of digital television in the UK. BSkyß, the leading force in British payReuter - 93 words
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99 1997-03-01 9 Bloomberg [TOKYO] Mazda Motor Corp said it can't rule out retrenching employees in the US as it reorganises its money-losing North American operations. Japan's fifth-biggest carmaker has 1,600 employees in North America. Worldwide, it has trimmed its workforce from 30,000 in 1993 to aboutBloomberg - 99 words
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321 1997-03-01 9 Reuter [NEW YORK] The proposed US$6.6 billion (559.3 billion) acquisition of modem maker US Robotics Corp by computer network equipment manufacturer 3Com Corp triggered a drop on Thursday in the stocks of 3Com, US Robotics and other major network companies. 3Com stock fellReuter - 321 words
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Article, Illustration70 1997-03-01 9 [ONTARIO] One of Canada's oldest department store retailers, Eaton Co Ltd, said on Thursday it had filed for court protection from its creditors as it tried to restructure its retail operations. The privately-owned Toronto-based company said it also had arranged Csss million (5557.3 million) in newREUTER - 70 words
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Article326 1997-03-01 9 It takes one-time charges of £Llb after splitting in to two Bloomberg [LONDON] British Gas pic, which this month split into two companies, plunged to a £379 million (*****.3 million) net loss in the last quarter of 19% after taking charges to reorganise itselfBloomberg - 326 words
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337 1997-03-01 9 Bloomberg [LEVERKUSEN, Germany) Bayer AG, a chemicals ami drugs maker, said it will spend a record 3.7 billion deutschemarks (553.12 billion) on research and development dur-, ing 1997. "We are focusing on innovation because we want to ben come the world'sBloomberg - 337 words
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FINANCE & COMMODITIES
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389 1997-03-01 10 Shiv Taneja - Republic an attractive jnrifldfctkm equal to well-known offshore trust centres MD By Shiv Taneja (SINGAPORE] Commerzbank of Germany has picked Singapore as the base for its global debut in the trust administration business. The bank recently formed Commerzbank International Trust (Singapore) Ltd, or Commerzbank389 words
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Article, Illustration320 1997-03-01 10 Soh Tiang Keng - First such deal by an Asian bank for&NZ financial institution By\ Soh Tiang Keng [SINGAPORE! New Zealand finance house Countrywide Corporation has tapped the capital markets for US$lO7 million (Ssls2 million) through an issue of FRCDs (floating rate certificates of deposit). TheARTHUR LEE - 320 words
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Article, Illustration393 1997-03-01 10 USB/m*rk: The greenback took a plunge to 1.6674 on Monday before recovering to 1.6950 on Thursday. It then eased to trade around 1.6870 on Friday morning. US$/mark is expected to trade within the range of 1.6670 to 1.7050 with intermediate support and resistance at 1.6790 andSource: Bank; ALLAN - 393 words
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257 1997-03-01 10 FT [HONGKONG] MasterCard International, the credit and debit card issuer, has bought into the Asia franchise to develop and market the cash smart card Mondex. The franchise, covering 13 Asian territories including India and China, was previously held by Hongkong Shanghai Banking Corporation (HSBC),FT - 257 words
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244 1997-03-01 10 StMELßeport Reuter [SINGAPORE] Simex Euroyen futures failed to sustain their gains after receiving an early boost from the Bank of Japan's (BOJ) unexpectedly generous money market operations yesterday. The BOJ injected a net 200 billion yen (552.4 billion) into the money market in theReuter - 244 words
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196 1997-03-01 10 Perry Gilbert - MSCI TAIWAN FUTURES -By Perry Gilbert By Perry Gilbert, vice-presi-dent, Refco Singapore Pte Ltd [SINGAPORE! The Simex MSCI Taiwan stock index futures encountered an uneventful day's trading yesterday. After opening near the previous close, light selling by locals pushed prices lower in the196 words
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230 1997-03-01 10 EKERGY REPORT Reuter [BAGHDAD] Iraq is holding talks with the United Nations to allow it an increase in the income from its oil-for-food deal with the UN, Oil Minister Amir Muhammad Rasheed said here yesterday. UN resolution 986 allows Baghdad US$2 billionReuter - 230 words
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Article268 1997-03-01 10 AFP Reuter London THE US dollar was little changed against the yen, but rose against European currencies, benefiting from speculation about a potential rise of US interest rates, dealers said. By 1315 GMT, the dollar had risen to 1.6928 marks from 1.6879 late on Thursday. It went toAFP; Reuter - 268 words
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Article, Illustration1279 1997-03-01 10 IMTBEBAWICEOSS KATES Feb28 C$ !■> ECU Hr m V— Ww MS M2SN6 t» N» to* Sfr NTS MK »ISS 1040 A!2 2-St V& £15 2-2$ "5 L !5 4 utiw IM 2U*21OT» 0479 ira SSf A« 10,0 ®-®I *5 5« »LZ» irbf 0.003 4317 to* to« 29.300 run to<2 32*91,279 words
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Article1787 1997-03-01 11 S1C0M FUTURES Feb 28 MMIt (Marts it SJQpa) RS$ 1 CONTRACTS cMbAt) Clost VoIWM OpM Wwrtfc Wjfe Lot Satt (toMts) tottrwt Urn 91 172.00 700 Apr 97 ***** 172.50 ***** 500 525 Ito* 97 ***** 173.25 ***** 300 975 JM97 175.25 ***** 175.50 350 875 Jot/Sap 97 177.001,787 words
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Article2413 1997-03-01 11 LONOON Mntriah Fe>2» NX* A8 Ports 313.400 *.400 Abbey National 759 -9 Allied Domecq 436.600 -.400 Amec 120 -1.400 Asda Group 112.400 unch BAT Ind 537 3 BKX 279 -5 BOC Croup 993.600 -3.800 BR Petroleum 681.600 -4.400 BTR 230.400 .400 Bank of Scotland 339 -2 Barclays2,413 words
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Article1681 1997-03-01 11 Reuter Q Nikkei 225 -464J6 STOCKS closed down 2.4 per cent yesterday due to profit taking in some export-orientated blue chips after the yen gained against the dollar in the afternoon session, brokers said. The 225-share Nikkei Average was in negative territory for the entire day and ended downReuter - 1,681 words
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Article, Illustration1655 1997-03-01 12 AFX-Asia J Hang Seng -147.88 SHARE prices closed sharply lower yesterday on concern over a possible interest rate rise in the United States, with rate sensitive banks and properties leading the declines, dealers said. The Hang Seng Index closed down 147.88 points at 13,398.72, off a high of 13,520.84AFX-Asia - 1,655 words
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Article, Illustration615 1997-03-01 12 Reuter Q Shenzhen B Index +L4l THE Shenzhen B share market ended higher yesterday, supported by official reports that Shenzhen securities authorities and officials from major listed companies are stepping up efforts to promote B shares. The B Index gained 1.41 points to 153.15 on turnover of HK$B7 million.Reuter; Source: Credit Lyonnais Securities (Asia) Ltd - 615 words
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Article391 1997-03-01 12 AFP PWPMn »MJS SHARE prices finished higher yesterday as investors snapped up paper issues. 'Thanks to a rise in product prices, paper players led the market to post modest gains," said a broker. The TSE Weighted Price Index advanced 43.25 points to 7,875.32. Turnover was 3.34 billion shares worthAFP - 391 words
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Article275 1997-03-01 12 Reuter |3 Wellington *5J4 SHARES ended firmer but off their highs yesterday on another day of heavy volume. The NZSE-40 Capital Index closed 5.14 points firmer at 2,279.33, with Telecom up four cents at NZ56.49. Reuter N»M US (000) ANZ Benkmg 9.05 -0.05 6196 Advent eqes HMgs 1.30 0.03Reuter - 275 words
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Article, Illustration806 1997-03-01 12 AFP n SET Index +L 55 SHARE prices rose yesterday on bargain-hunting, with improved sentiment towards finance companies after the overnight inter-bank rate eased. Dealers said the index rebounded with foreign investors returning to the market. The SET Index gained 1.55 points to 727.56. Turnover was 14 million sharesAFP - 806 words
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Article424 1997-03-01 12 AFP 71 Composite Index »7J2 SHARE prices rebounded yesterday, amid renewed hopes of an increase in the foreign stock ownership quota. The Composite Index closed up 7.12 points at 676.53. Turnover was 37.8 million shares worth 631.5 billion won. Rises beat falls 645 to 181 with 89 issues unchanged.AFP - 424 words
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Article617 1997-03-01 12 AFP Q All Ordinaries -ICB SHARE prices fell yesterday, weighed down by a poor performance from bellwether BHP and a wave of offshore selling in late trade. "It certainly got pretty savage mid-afternoon and selling came in hard on big volumes," a trader said. The All Ordinaries Index fellAFP - 617 words
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Article, Illustration741 1997-03-01 12 AFP DOflmpoatehig -4j55 SHARE prices closed lower yesterday on profit-taking and weakened sentiment after a decline on Wall Street, dealers said. The JSE Composite Index lost 4.55 points at 705.37. Turnover was 200.7 million shares worth 533.7 billion rupiah. A broker said: "Basically, there was not much going onAFP - 741 words
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Article340 1997-03-01 12 AFP Q Manila -l&M SHARE prices closed lower yesterday on selective buying. The Composite Index lost 18.66 points from the close of Thursday's abbreviated trading day to 3,315.28. Turnover was 27.32 billion shares valued at 3.85 billion pesos. Philippine Long Distance Telephone dropped 13 pesos to 1,545. San MiguelAFP - 340 words
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KUALA LUMPUR STOCK MARKET
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Article8269 1997-03-01 13 INDUSTRIALS 1997 Last ,W ie Vel Day Nat Cap wiffc Law Cimpaay Wt 'OOP Mlfh Law Pfl fm» 790 680 Aiinomoto 760 10 10 765 750 58.0 308.0 448 334 Angfcasa 420 unch 515 424 416 12.5 619.3 905 750 Apollo Food Hlg 800 unch 57 815 800 320.0 4188,269 words
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Article, Illustration557 1997-03-01 13 AFX-Asia PI Composite Index *1123 SHARE prices closed higher yesterday, led by strong gains in Telekom Malaysia and Tenaga Nasional, with retail interest shifting to second board stocks, dealers said. They said interest in small capitalisation stocks moved to the Second Board while the indexAFX-Asia - 557 words
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WARRANTS&OPTIONS
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Article4000 1997-03-01 14 BONOS, LOANS t WARRANTS 1996/1997 Last Vat Day Last Ouata Avq M| (jh l ow St no Company Sato ♦or- (000) Htoli Law Buytr Sallar Prtca 68 47 m 3000 m AMDB c5.5******6 62.S 62 63 62 39 3160 A Acar ******1 US$ 52.5 -0.5 39 53 51 52.5 534,000 words
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205 1997-03-01 14 R Sivanithy - WARRANT WATCH By] R Sivanithy THE impending expiry of Keppel Corp's warrants in June this year raises some interesting possibilities. Before we delve into them, first a look at the numbers. The warrant has a strike price of $6 and205 words
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Article2452 1997-03-01 14 MALAYSIAN STOCKS 01 Gr 1996/1997 Last Vo4 Day Last Ouott Wv Mv YM Nat M Cap High Lew St no Company Sate COOO) High Law Buyer Seller Cvr P/t $m* 625 360 miSOOO AISB50C .442 »2 147 44S 438 440 442 10 4.9 0.3 90.8 453.4 137 842,452 words
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STOCK EXCHANGE OF SINGAPORE
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Article1409 1997-03-01 15 Tumoral rooo) vaiuc cooo) m«*i cm nw mm cm r*m MdustrM 199.424 72.669 272.093 *****1 tSU4S 139,745 "n*nc» 9347 24,751 34.096 84.908 42.194 129.002 Ham* 2.792 2.556 5,308 8.909 MM U.398 fapvtlM 4.896 31.954 363W 32.089 48.689 80.774 PtanUtton 8.394 8394 30,953 30,983 MWofl 3,337 3437 ***** n,654 64.W 7,7911,409 words
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Article214 1997-03-01 16 Hodu Jbpecraft 10c 139,921.000 Bash soc SL HMM 'General Corp 12,767,000 *WrisHyd50c 9,705,000 *tMf Htdgs50c 7,982,000 *B«fjayaM 7,069,000 S* Summit 10c 6,965,000 *W«staont Land 6,073,000 SMB United 10c 5,*****0 •InsasBhd 4,984,000 Sttda < NippecraftlOc 52,014,020 •CASH 50c 38,408,450 U08 Foreign 25,504,636 KeppeiCorp 23,572.751 •Westmont Land 22.926,620 •Idris Hyd 50c 21,060,985214 words
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Article, Illustration645 1997-03-01 16 R Sivanithy - STOCK MARKET COMMENTARY STII fails to ding to 2,200 level after regaining it in early trading observers say it is possible that money is moving out of dob into Sesdaq By R Sivanithy [SINGAPORE] Clob-traded and Sesdaq stocks provided the main features in a645 words
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Article, Illustration69 1997-03-01 16 Shiv Tanaja - -bj Shiv Tanaja GENERAL CORP, which closed up six cents yesterday at $1.46 on a volume of 12.7 million is likely' to see some more upside in the next few trodtogg. sessions. There is a fairly strong buy signal flvrrijf the daily and weekly MACD charts. But investors69 words
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ON THE GRAPEVINE
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Article175 1997-03-01 16 WE REPORTED in this space yesterday that Information and Arts Minister George Yeo was "rather apologetic" about the incident where Vijay Joshi, the Associated Press Journalist, was arrested recently for disorderly conduct during a press conference. BG Yeo's press secretary, Ng How Yue, wrote yesterday to175 words
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Article118 1997-03-01 16 LOVE is a many splendoured risk. Allianz Cornhill Insurance (Far East), a German insurance group, has launched Asia's First Wedding Insurance Policy in Hongkong. The Asia Insurance Review, a Singapore-based publication, says that if the scheme is successful in the territory, Allianz will market similar products118 words
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Article85 1997-03-01 16 A SMART building is now being built in Orchard Road, we hear. The people behind the building are rather hush-hush about it for the time being. A smart building is (me which is wired for electronics communications. Its network backbone uses Asynchronous Transfer Mode (ATM),85 words
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Article112 1997-03-01 16 EDINBURGH-BASED WM Company «xi Hongkong-based rating agency RCP Partners have launched a rating service of t international and regional ftind managers investing in the Asia-Pacific region. Global Private Banking said the new service will analyse the combined performance of US$2.3 billion (553.3 billion) of assets that are managed112 words
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Article5058 1997-03-01 15 Transaction Date: Feb 28 «f Cr M wt 1996/1997 Last V«t Day Lilt Quote Mv Dk KM M Cap Arm Ml* Law StMa Company StK COOP) High Lew ■wyar StUtr Cvr P/I MMn MMSIMAU 5146 ASENTSK) 200 US- 1000 900 1275 ASF US$0.***** US900 M5 90 0 2145,058 words
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Article1039 1997-03-01 15 a .<• r&, jr*sa, s ji a^a 2 lt 12 1222 !SI *1 21 16® 163 166 168 10 14.2 ai 104.4 74.3 166 •93 68 e 2049 ASAutolOc 183 *5 19 183 177 183 190 mnn 88 W7 81 2051 AS J HMgs 20c 108 «4 317 1091,039 words
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Page 7 Advertisements
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Advertisement270 1997-03-01 7 only monthly business magazine that gives you the Singapore perspective of the local and regional business scenes BUSINESS BUSINESS BUSINESS IV/T O 1/1 fY T"f~ EXGCLItiVG Condos 7" Singapore Telecom 11 Wild card in the property market «-n«f urxiti) JL Written by the same experts who bring you the BUSINESS270 words
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Page 8 Advertisements
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Advertisement60 1997-03-01 8 Rising. O to the enhance your corporate image with a self-funding special feature in our a special feature, contact: &%£jr (PP f* Joe Heng Tel: 740 2481 Pg: 9306 8499 r$ 'MT'' 'Wr f ,Trr *''-F Official openings Corporate anniversaries ISO certification Grouiffl-breaking ceremonies Topping-up ceremonies Ronald Chua Te1:740 204260 words
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Page 9 Advertisements
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Advertisement50 1997-03-01 9 When the Market gets Going, the Savvy Z'W •'V",. Keep track of the latest Singapore and Kuala Lumpur jS, stock prices on BT Stockwatch— jßp" http^/www.asial.com.sg/btstocks no nte I EEffIIiIIBUSINESS CENTRE I YOUR ONE-STOP SITE FOR SINGAPORE AND > ASIAN BUSINESS NEWS AND INFORMATION an Internet account call Cyberway at50 words
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Page 12 Advertisements
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Advertisement45 1997-03-01 12 I I I I 111 r—~ v HMll 11 ni|j% m M*±m m mmm mam iiiiiiiiiiiA mm mm, mm 13mIfInlfM lffill TUli wAwmnmnf*Af#2 m Ww m MyM g m WwWm m M mF* w« w isiw m u m mmm WW m ill VIfVW AiirMAi45 words
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Page 13 Advertisements
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Advertisement31 1997-03-01 13 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 1800-749-2577.31 words
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Advertisement144 1997-03-01 13 iMnd Transport Authority Infoline— COE Bidding Results C ar Registration Number Availability Available on 10th or I Ith of every month. All you Available between Saturday and Wednesday each week. All you need is need is enter your IC, Passport or Company Registration enter you, Car Regisrration nunibera ivmbTT and144 words
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Page 14 Advertisements
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Advertisement25 1997-03-01 14 For further information on which newsstands carry Her World, Go,; Singapore Business, Home Decor, Young Parents, Please call our Customer Services Section on 1800-749-2577. -jj25 words
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Page 15 Advertisements
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Advertisement28 1997-03-01 15 For real-time stock information, Scall Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe 7,aobao.28 words
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Advertisement11 1997-03-01 15 I Young Parents When you want the best for your children11 words
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Page 16 Advertisements
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Advertisement320 1997-03-01 16 A SINGAPORE TENPIN BOWLING CONGRESS NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Singapore Tenpin Bowling Congress will be held on Saturday, 22 March 1997 at 2.00pm at the STBC Conference Room, No. 6 Zone One, National Stadium, Kallang (South Entrance), Singapore320 words
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Advertisement29 1997-03-01 16 For real- time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.29 words
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Advertisement218 1997-03-01 16 B3— You may hava baan unabla to gal your Business Timaa, S«ra«s Tirrm, Sunday Timaa, LanHa Zaobao and dm darfy newspapers from your usual newsstand bacauaa d he higher demand Maty. To ensure a daiy copy, cal Customer Servnes Section on 1800-749-2577, and ask lor home or offioe daHwary service218 words
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Advertisement102 1997-03-01 16 1 THE STRAITS TIMES CLASSIFIED -1£& I p YOUR GUIDE TO MORE PRODUCTS SERVICES 1 4V I nr m&Stmt*** -I' d p. —M Rising Occasion natfti t ,i »?> <1 ,U openings anniversaries ISO certification SjHHj^^Qfjßl^^^^^^^^^^^^^^Erouncl-breaking JMPllfPl ''ij ceremonies M^ J ,'T*\ isSr iwt <* <ti/? Tw*S >?!• *%''«*>j<. *>102 words
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EXECUTIVE LIFESTYLE
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Article, Illustration1714 1997-03-01 17 DAVID BOEY - Nobody's saying ifs easy. But with guts, gumption and the right attitude, non-graduates can make it to the top of the corporate ladder, patip boht meets three men who did just that DAVID BOEY LIKE the ad says, Just Dolt. That might well have been the battle1,714 words
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STRAWS In The Wind
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Article125 1997-03-01 17 A BIRD is a bird by any other name, going by one journalist's experience with the room service folk at her hotel. It all began when she placed an order for Moroccan Roast Chicken with Asian Ratatouille. When the attendant delivered her chicken, it turned out to125 words
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Article60 1997-03-01 17 WHO says men of the cloth have no sense of humour? At a recent mass, Archbishop Gregory Yong regaled his congregation with a couple of holy riddles: Q: What is God's favourite drink? A: Three In One (as In the Father, the Son and the Holy60 words
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Article30 1997-03-01 17 SOME actual newspaper headlines: Grandmother of eight makes hole in one. Farmer Bill dies in house. Iraqi head seeks arms. Something went wrong in jet crash, experts say.30 words
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VIEWPOINT
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Article, Illustration2038 1997-03-01 18 LARRY WEE - SUK THE RAFFLES CONVERSATION Financial guru David Fuller tells lukt wbb how his American dream began with a nest egg of US$257 which he got through the sale of his Volkswagen. He explains how he developed his unique approach to reading the markets, andCHRIS LOH - 2,038 words
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1053 1997-03-01 18 ASKED what dangers Asia should watch out for in the years ahead, David Fuller points, above all, to hubris. "There is a cyclicality and this has always been there," he says. "We've seen it most recently with Japan and this is a very,1,053 words
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COLLECTING
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Article, Illustration968 1997-03-01 19 CORINNE KERK - Glass is fast gaining recognition as a collectible with both aesthetic merit and investment value. After viewing the works of 26 artists at Art Forum, ochumiib mi can well understand why CORINNE KERK IF GLASS artists have their way, people will be collecting glass works instead968 words
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Article, Illustration628 1997-03-01 20 Jaime Ee - CINEMA Jude is for diehard Thomas Hardy fans. It's hard to imagine anyone else sitting through snch unrelentingly bleak movie fare Jaime Ee OH, IF WE could only go back in time. We would travel right back to late 19th century England-in search of an obscure628 words
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Article, Illustration699 1997-03-01 20 David Boey - CINEMA For all its ondeniable brilliance and Oscar nominations, The English Patient is a strangely nnengaging love story By. David Boey LEAVE the tissues at home. You'll probably have no need for them should you decide to troop down to the cinema to catch The English699 words
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Article, Illustration436 1997-03-01 21 A Surendren - NIGHTSPOT By t A Surendren WHEN Rameses was just a kid, whiling away the time before ascending the throne as ruler of the Nile, he and his friends probably hung out at a place like Neo Pharoahs in Cairnhill Road. True, they didn't have amplified music inCHRIS LOH - 436 words
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Article, Illustration346 1997-03-01 21 M Yasotha - Compiled by M Yasotha CONCERTS Piano Recital A good opportunity to hear American virtuoso pianist Tedd Joselson. Proceeds of the concert will go to the National Kidney Foundation. Mar 4, Bpm at Victoria Concert Hall. Tickets at $60, $45 $25 available from Music Plaza, Supreme Records (Takashimaya) and346 words
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EPICURE
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Article, Illustration1032 1997-03-01 22 CORINNE KERK - The English swear by a good cup of tea, and so would Samuel Twining, whose family has been in the tea trade for nearly 300 years, coanmn khbk finds out more about the business CORINNE KERK EARL Grey is going to be joined soonCHRIS LOH - 1,032 words
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777 1997-03-01 22 CHINA TEAS Lapsang Souchong from the province of Fujian is a large leaf China tea with a smoky aroma, obtained by smoking the tea over oak chips. ,rr Jasmine is the classic tea of Chinese cuisine, traditionally served with dim sum dishes. It's777 words
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836 1997-03-01 22 N K Yong - WINE CONNOISSEUR The best wines come at a price, but it is possible to boy a good wine at a bargain By N K Yong WITH all the publicity in the popular press about the big buyers in Asia setting record836 words
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Article, Illustration1146 1997-03-01 23 All's Weil End's Well *97. The Lo family and their problems, starring Stephen Chow. In Mandarin with English subtitles. Century: 1; 7.15. Commonwealth/Clementi: 1; 5; 7. Eastshore: 3; 5; 9.30. Marina: 5.15. New Town/New Crown: 1; 5; 7. Pavilion: 11:3; 9.15; 11.30. Princess: 3; 5; 7. Queenstown/Queens way: 3.30.1,146 words
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TRAVEL
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Article, Illustration1361 1997-03-01 24 AUDREY PERERA - Ever wondered where the rich and famous stay when they travel? Surprisingly, they don't always head for the most expensive retreats, but go to those with an unmistakable charm or X factor, appeht raugßA tracks down where these choice lodgings are in Australia, New Zealand and1,361 words
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Article94 1997-03-01 24 IF YOU aren't keeping company with the well-heeled or well-known, how do you find these places? If your travel agent can't help you, there are companies which specialise in searching out and then representing these unique hotels, manors and tropical retreats. Small Luxury Hotels (SLH), for94 words
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Page 17 Advertisements
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Advertisement6 1997-03-01 17 Baffles Conversation David Fuller EL 26 words
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Advertisement127 1997-03-01 17 Travel Small, private and exclusive hotels EL 8 i 4 4 I Seasons brings you the heart of America. Right on Singapore's main artery. i I i i i i i i I i i I I At Seasons you 11 find the cuisine America has taken to heart Lighten127 words
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Page 20 Advertisements
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Advertisement123 1997-03-01 20 I BONUS! BABY GUESS heigh mside I rf'S&iSjL ''-i' 'IS I iHomeworK I Ifreeil Ifesf t KKS FOR EVER* CHILD VVHIIO I 1 FROM PARTY UNO Ml IM NOT SLEEPY!" i Solutions at every age HKM Latest colour Q(T Versatile A splash of AQ A Great if\A schemes {LkJ tables123 words
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Page 21 Advertisements
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Advertisement501 1997-03-01 21 Where to wine, dine and entertain...... Unwind with golden bubbles at the Huhertus Grill this Sunday with a free glass of Gold Sett Champagne, containing real 24 carat gold flahes. The perfect compliment to I a Sunday Brunch, that even King Midas find hard to resist. A ANA HOTEL SINGAPORE501 words
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Advertisement82 1997-03-01 21 The Restaurant At The Neptune on Shenton Way Dian Xin/Lunch {(/js j 11.30am-2.30pm I 7rH FLOOR. OVERSEAS UNION HOUSE. j cOliver quay. for the family bunch Western and local delights for a ideal family get together Speciality corner with grilled lobster 12 noon to 2.30pm every Sunday Adult $25.00* Child82 words
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Page 22 Advertisements
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Advertisement52 1997-03-01 22 When the Market gets Going, the Savvy < Keep track of the latest /if* M.*4m*~„ jfc ,-»v 4 v; Singapore and Kuala Lumpur stock prices on BT Stock watch— jfl http://www.asial.com.sg/btstocks Is"* on Internet. BUSINESS CENTRE I YOUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS news and information r an52 words
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Page 23 Miscellaneous
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Miscellaneous2041 1997-03-01 23 TODAY'S TV RECOMMENDED VIEWING tiT 4 *-®0 TV Innovations. 12.00 NN TV Innovations. •■OO See Sunday's Schedules. Criminal Alfred Hitchcock classic. aS c'am^ 1996 v W'^BWEIWB 3.00 Tennis World. sV> UM AM TV Innovations. DGlla,VloU.r Enemy Mine, spm, Ch 5 330 Golfing World. 2-00 PM Ketchup Vampires. In this 19852,041 words
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