The Business Times, 2 August 1997

Microfilm: NL20888
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 023/12/96 85c SINGAPORE Internet' http://www.asial.com.sg/biztimes WEEKEND EDITION, AUGUST 2-3,1997
    14 words
  • Article
    MARKET SUMMARY
    46 1 P'SSji Qjmj Hmuim M MM t&ll) Rgscof- \mm—tui mniw mm* -mm HANSSKNO KJ71Z2 +!U1 sermon MM -UM JAKARTA OOMP __7ft.77 HM MANUCWP —UtkM >|ft* TAIPHtPI tMtli 4i7t fBOOLODHP TJl.tf «US CUM (SWA B —UOLIf >0.41 AUSTALLOKD __J,727J -?J IMpa KDT Cfcage WW JUI7.lt -4MC
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  • Article
    FINANCE
    31 1 OOBAMilinfr HI t urn—urn ;1P— «*«.—tm mm cm—im ■a zS S MM MM mmmm mm—MM KUALA UMRft ,•->, ,m n— ii,a MAMLA lift mrnmim— m* u» 5JM1I &M (Source: NatWest Bank)
    31 words
  • Article, Illustration
    Lock icon URA data show Q2 home prices slipped only 0.8%
    455 1  -  Caveats lodged rise 38%; developers may have been unduly alarmist By Abdul Hadhi [SINGAPORE] Developers may have been unduly alarmist in their appeal for government action on the residential property market, going by sec-ond-quarter data from the Urban Redevelopment Authority. The
    Source: URA  -  455 words
  • Article
    TAS plans to give out more basic licences by 2002
    388 1  -  Grasps vying for two such Ucmkos in tender taken aback by TAS statement By' Teh Hooi Ling [SINGAPORE] In a move that took industry players by surprise, the Telecommunication Authority of Singapore (TAS) says it intends to give out more
    388 words
  • Article, Illustration
    Citibank takes a bad trip in Taiwan
    311 1  -  Regulator acts on complaints against over-eager credit card issuers From Bruce Cheesman in Taipei A FREE trip to Macau was too good to be true, tens of thousands of Taiwanese have found to their chagrin. Then again, Citibank did not expect to attract
    311 words
  • Article, Illustration
    Koh Beng Seng resigns, but asked to stay
    767 1  -  Finance Mtaristar confirms market talk; MAS spokesman says no fatter decision taken jet By' Conrad Raj [SINGAPORE] Singapore's top financial regulator, Koh Beng Seng, has tendered his resignation citing personal reasons, Finance Minister Richard Hu confirmed last night But the Monetary Authority
    767 words
  • Article
    Lock icon Dow down 95 points at 1pm
    111 1 Bloomberg Reuter [NEW YORK] Blue-chip stocks and bonds tumbled in early af- ternoon trading yesterday after the government reported the lowest Jobless rate in 34 years and another report showed stronger-than-expec-ted activity by America's purchasing managers. By Ipm EOT, the Dow Jones Industrial Average
    Bloomberg; Reuter  -  111 words
  • Page 1 Advertisements
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Sokaiya deals? Yamaichi Futures in the dark
      399 2  -  STpore office says it has no idea where trading profits went By\ Siow Li Sen THE Singapore office of Yamaichi Futures is in the dark as to whether it could have been used to pass on trading profits to a corporate gangster in
      399 words
    • Article
      SingTel extends wireless messaging service to Jakarta
      207 2 SINGAPORE Telecom has extended its Dataßoam wireless messaging service to Jakarta. The service will be available in other major Indonesian cities such as Surabaya and Bandung in the coming months, Sing Tel Paging said in a statement yesterday. Sing Tel Paging signed a
      207 words
    • Article
      More regional jobs for contractors
      356 2  -  Local companies win deals worth $262 m in Cambodia, Laos, Xyanmar, Vietnam By, Abdul Hadhi LOCAL contractors clinched some $262 million of construction jobs in the emerging South-east Asian countries of Cambodia, Laos, Myanmar and Vietnam last year, the Construction Industry Development Board (CIDB) said
      356 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1275 2 CITY FLIGHT ETA FUCMT ETB mrnWkm 6A890 0015 Wli SOW 1705 S0990 0105 AMaMa 0F81 1930 0F82 2055 r>ll|iiii WC CZ351 2045 S0229 2220 llwulu SOW 2120 SOW) 1020 Amm RJM7 OOP Hanoi VH741 1310 S0176 1105 Awtartam KL843 0455 WNM SOTO IMP VN740 1410 0125
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    • Article, Illustration
      Lock icon Mitsubishi Chemical to build $40m plant
      489 2  -  This will faring MOCs fixed asset investment in STpore to $560 m By, Jennifer Lien JAPAN'S Mitsubishi Chemical Corp (MCC) is investing $40 millioiito build an organic photo conductor (OPC) plant here. Company officials revealed this at the opening of Mitsubishi Chemical Infonics' $450
      SIM CIU YIN/ST  -  489 words
    • Article
      Centre to test telecoms products to be set up in 3 years
      242 2 LOCAL manufacturers and exporters of telecommunications equipment need not send their products overseas for type approval testing in future. The Singapore Productivity and Standards Board (PSB) will be setting up a telecommunication/information technology product testing centre in three
      242 words
    • Article
      Panel to upgrade LaSalle, Nafa
      235 2 A COMMITTEE tasked with finding ways to turn the La-Salle-SLA College of Arts and the Nanyang Academy of Fine Arts (Nafa) into well-known tertiary institutions has started work this week. The National Arts Council said yesterday the committee, comprising representatives from both the private and
      235 words
  • Page 2 Advertisements
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      274 2 THE WEATHER > Singapore: Fair and slightly hazy. Temperature (31-24) AMMHo HVLo* OocmL flu ipi HVLo* OMI OmiHm HVLf* Cood. Aurktand liw Cloudy AhMh 23/13 (loudy (v _k Bu** JM4 T*» AIM SXt3 Sunnv Bepg JI"2S Tslunn Bote 22/13 Ctowh »15 (Toady Bo«l»iy 3U-25 Tjtorai Ban IVI4 Susy Hoot** 27/?
      274 words
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      311 3 GARDENVILLE. Freeko LLR esiJences LocateJ Next To Skangri-La. I.i" -f»--T- i^H«a|BSk^9 \-li^^^^BEßPLJlß' aF* i m lywri r f i A|4 I y WBHBH^^BBMI^^BW^BBBBP!W^I i^WE^»^iIk' I■{lf il -3|, v., y«i&^^^l r PRIME LOCATION IN THE OBCBARD ROAD AREA. PRIME FACILITIES. If paraJite kaJ a aame, II would l>e Gardenville. AnJ if
      311 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        ST Sentiment Index
        612 4 Figure* denote number tt respondents Those polled for their views on the Singapore stockmarket outlook next week were: Alliance Securities, Daiwa, Deutsche-Mor-gan Grenfell, Fraser Securities, GK Goh, ING-Barings, Merrill Lynch, Phillip Securities, Indosuez WI Carr Securities. Fa Yw Manwfactnring ♦(Buy On Weakness) Fraser-AMMB Research, Aug 1, $0.58
        612 words
      • Article, Illustration
        In My Opinion
        465 4  -  By Jesper Koll cirjsss U T APAN's economy has I entered a new renais--1 fJ sance period and frowth performance is poised to surprise on the upside from the end of 1997 and into 1996. I expect steady growth of around 3 per cent, achieved Without any
        465 words
    • Article, Illustration
      Lock icon The Great S'pore (stocks) Sale?
      736 4  -  With the local bourse looking up, bargains abound. But a sedate revival is more likely than a heady bull run By' Ven Sreenivasan [SINGAPORE! SINGAPORE stocks have never looked so attractive from a valuation perspective as now. So reckon most market experts, after the local
      Source: Bloomberg  -  736 words
    • Article
      Hotung is worth stake, say analysts
      402 4  -  Good management, goodnnmberslratbe aware of the risks By' Teh Hooi Ling [SINGAPORE] Worth a bet, but beware of the risks. That's what analysts say about the initial public offer here of Taiwan's largest venture capital investment group, Hotung Investment Holdings Ltd (HIHL). As a
      402 words
    • Article
      Stocks likely to continue languishing
      337 4  -  BYE ON THE REGION: PHILIPPINES From. Al Labita in Manila PHILIPPINE stocks are languishing due to the currency turmoil in the region and there appears to be no immediate relief in sight. Foreign funds, which account for 60 per cent of market liquidity, have backed
      337 words
    • Article
      Where to find value in Sesdaq
      366 4  -  By\ Shiv Taneja [SINGAPORE] The UOB-Sesdaq Index, which tracks the Sesdaq market, has come off some 5 per cent in the past couple of weeks after hitting a three-and-a-half year high last month. Is this the end, or are there more good times ahead?
      366 words
    • Article
      Investing: can you afford it?
      591 4  -  By i Caroline Meakin The writer is manager of private client portfolios at i Schroder Investment Management Singapore. Future articles in this fortnightly series will deal with risk investment options and how to measure performance. [SINGAPORE] Don't you wish you'd bought shares In the Raffles
      591 words
    • Article
      DBSS' Picks
      323 4 Based orf the official BT-SRI formula, the percentage contribution of each stock to the index is based on the USSoaiue of its market with adjustments. For ex U )ui also incorporates recomrm^Sk^madel^ DBSS analysts. As such, DBSS's recommended weights on stocks will differ fhm the neutral positions implied
      323 words
  • Page 4 Advertisements
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  • REGION
    • Article
      S&P warns Thailand it may downgrade debt bank ratings
      537 5  -  BANGKOK News sends Thai stocks falling 2% on fears of more finance company failures By\ Harish Mehta US RATING agency Standard Poor's yesterday served notice on Thailand that it was no longer as bullish about the recovery of its economy, and
      537 words
    • Article
      Lock icon US backs IMF loan plan for Thailand
      318 5 WASHINGTON Reuter THE United States backs a strong IMF loan programme for Thailand but does not expect to contribute its own money to a rescue package for the South-east Asian nation, Treasury Secretary Robert Rubin said on Thursday. "I don't expect we would
      Reuter  -  318 words
    • Article
      Lock icon M'sian banks asked to keep BLR steady: sources
      404 5 KUALA LUMPUR No plans to lift stock, property lending curbs, sources add Bauer MALAYSIA'S central bank has asked commercial banks to hold their base lending rates (BLR) steady despite the recent spike in interbank rates, banking sources said yesterday. The sources also
      Bauer  -  404 words
    • Article
      Lock icon Hawk planes: KL to help Brunei
      129 5 KUALA LUMPUR Bernama MALAYSIA yesterday offered to cooperate with Brunei in the maintenance of the Brit-ish-built Hawk planes and in the training of their pilots. Deputy Defence Minister Abdullah Fadzil Che Wan noted that Brunei would sign an agreement to buy the aircraft from
      Bernama  -  129 words
    • Article
      Lock icon Boeing in talks for China components joint venture
      408 5 BEIJING Bloomberg BOEING Co, stung by its sliding fortunes in the key China market, may set up its first manufacturing joint venture there, a Chinese company official said. Tang Hua, deputy director of the foreign trade bureau at Aviation Industries of China,
      Bloomberg  -  408 words
    • Article
      Lock icon Don't meddle, Ung Huot tells Asean
      231 5 PHNOM PENH Reuter CAMBODIAN Foreign Minister Ung Huot said yesterday that his government would discuss peace and stability with an Asean mission but the grouping should not interfere in Cambodia's internal affairs. An Asean mediation team will arrive in Phnom Penh today to discuss
      Reuter  -  231 words
    • Article, Illustration
      Lock icon Japan stocks plunge on computer glitch
      525 5  -  TOKYO By Anthony Rowley JAPANESE share prices yesterday suffered one of their biggest losses this year, partly blamed on a computer crash at the Tokyo Stock Exchange (TSE). The worst-ever glitch to hit the electronic trading system caused the cash market in shares to
      REUTER  -  525 words
    • Article
      Lock icon First legal victory for Megawati after ouster
      182 5 JAKARTA AFP OPPOSITION leader Megawati Sukarnoputri scored her first legal victory yesterday in her battle against being deposed as head of the Indonesian Democracy Party (PDI), lawyers said. The Jakarta high court granted her request that a district court, which rejected her application
      AFP  -  182 words
    • Article
      Lock icon HK govt determined to reach housing target
      239 5 ■HONGKONG Reuter HONGKONG Secretary for Housing Dominic Wong said yesterday the government would pull out all stops to reach its housing supply target of 85,000 units a year and was determined to keep speculators out of the market. "Our determination is very clear
      Reuter  -  239 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      196 5 A) A 52,500,000 Royal Orchid Resort (Whitsunday) You get a chance to control a 250 acres resort (golf course, hotel, retail, villas) an operational base in Australia. Projected high profits and future hotel management (120 rooms) Gateway to 8 Australia's major island resorts and the Great Barrier Reef. 4 mil.
      196 words
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  • THE WORLD
    • Article
      Lock icon US jobless hits 24-year low again, wages hold steady
      553 6 WASHINGTON Spurt in growth expected as June incomes and spending rose 0.6% and 0.3% Bloomberg THE US unemployment rate fell to 4.8 per cent in July matching the 24-year low set in May as the nation's jobcreation machine cranked up a
      Bloomberg  -  553 words
    • Article, Illustration
      Lock icon Blair imposes stricter financial rules on ministers
      373 6 LONDON AFP BRITISH Prime Minister fony Blair on Thursday published a new code of conduct for ministers, with stricter rules on financial interests, in afoid to prevent corruption. Mr Blair said the new code aimed at "restoring the |bnd of trust between the
      AFP  -  373 words
    • Article
      Lock icon New Credit Lyonnais plan submitted to EC
      181 6 BRUSSELS Reuter THE European Commission said yesterday it had received a revised recovery plan for French state-controlled bank Credit Lyonnais, but declined to comment on its substance. "I can confirm that we received the plan late on Thursday," commission spokesman Thierry Daman told
      Reuter  -  181 words
    • Article
      Lock icon UK super-watchdog to regulate banking in '98?
      367 6 LONDON o«vt rapart outlines pbuutegrtap regulatory powers of MEulKkrMki Reuter BRITAIN'S new enlarged financial watchdog is to take over responsibility for the supervision of the banking industry in the first half of 1998, according to proposals published on Thursday. The second phase of
      Reuter  -  367 words
    • Article, Illustration
      Lock icon In memory of 13 killed
      58 6 [JERUSALEM] Israelis lighting candies in the Mahne Yehuda market in Jerusalem yesterday in memory of the 13 people killed when two suicide bombers blew themselves up in the middle of the crowded outdoor market Life went back to normal in the market after the attack,
      AFP  -  58 words
    • Article
      Lock icon Three arrested with 5 bombs meant for NY subway
      156 6 WASHINGTON AFP PRESIDENT Bill Clinton urged calm yesterday after the discovery of Ave bombs targeting the New York subway sparked fears of Middle East terrorist attacks. "It's important not to reach conclusions until we have iron-clad evidence to support them," Mr
      AFP  -  156 words
    • WORLD Watch
      • Article
        Lock icon Dip in UK export orders
        65 6 Bloomberg nrrtsri plnn—t tn Tilly srlitls rfpinlw lining Imilnwi domeiltaaßy boomed, according to figures ralseesd by the Chartsrsd Institute of Purchasingand Supply. White ordersdroppedfor the first time since the institute began recording overseas setae in JenuaryliM, the voluine of ";f new orders rose for the
        Bloomberg  -  65 words
      • Article, Illustration
        Lock icon IRA bomb?
        68 6 Reuter [BEL?ABT] A policeman etanding to front of the kttntoot remains ofaFort Orion whkA impacted with n ipfcahes and lsft outside the CanrbridgeHotal, mar Llsbe&aw on Uppsrlxjugh Erne, on Thursday night Police detonated the bomb In the car parked near the hotel popular with foreigners two weeks after
        Reuter  -  68 words
      • Article
        Lock icon EC relief for food victims
        82 6 Reuter [HOHENWUTZEN, Germany] The KC yssterday piedced 5 fret aid for flood victims in Germany, Poland and the Cmck Republic as German dikes on the River Oder edpdevwr nearer to bursting point. The booing failure ofa dike ham threatsaed to flood an area 17 km
        Reuter  -  82 words
      • Article
        Lock icon Swiss ties with Germany
        68 6 AFP [BERN] In his Naticmal Day address yesterday, Swim President Arnold Roller told the Swim they had nothing ta learn from others, as Switzerland comae undsr attack for its handling of dormant accounts opened during World Warn. "Wehavenohseonitolsarnfromanyo—,apdwa in no way need prophets, either hare or
        AFP  -  68 words
    • Article
      Lock icon US budget deficit may fall to US$30b
      503 6 WASHINGTON Mew estimate for 17 a third of last year's USslo7b shortfall Bloomberg THE non-partisan Congressional Budget Office (CBO) now estimates that the federal budget deficit may drop to US$3O billion (Ss44 billion) this year, its lowest level in almost two decades as
      Bloomberg  -  503 words
    • Article
      Lock icon More progress needed before China can join WTO: US
      408 6 GENEVA Washington letting for better package en services, tariff cots Reuter AFP A SENIOR US official said yesterday much more progress was needed before agreement could be reached on China's admission to the World Trade Organisation (WTO). US Assistant Deputy Trade
      Reuter; AFP  -  408 words
    • Article
      Lock icon Inquiry into US bid for UK's biggest electricity distributor
      267 6 LONDON Reuter BRITAIN'S new Labour government yesterday ordered a monopolies inquiry into an agreed £3.7 billion (518.9 billion) bid by American utility PacifiCorp for Energy Group pic, Britain's biggest electricity distributor. It is the first time that a US takeover of
      Reuter  -  267 words
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  • COMPANIES & MARKETS
    • Article
      UOB net profit up 12.6% in line with expectations
      424 7  -  $397 m interim gain; strong growth in fee, commission, other operating income Byi Clarissa Tan [SINGAPORE] United Overseas Bank (UOB) yesterday posted a 12.6 per cent rise in interim net profit to $397.16 million, boosted by strong growth in fee, commission
      424 words
    • Article, Illustration
      Jannie Tay ropes Greg Norman into Queensland devt project
      523 7  -  As2som devt to beast hotel, 118 condonnits, golf course, 532 booses From\ Surinder Singh in Sydney WHAT is the link between golf star Greg Norman and Singapore businesswoman Jannie Tay? Mrs Tay has convinced Mr Norman to design a worldclass 18-hole
      523 words
    • Article
      Trump card is still in hands of Creative Technology
      790 7  -  HOCK LOCK SIEW Jennifer Lien THE launch of an audio software last week by Venture Manufacturing drove its shares to new highs while knocking a couple of dollars off sound-card maker Creative Technology's stock. A week later, two clear camps seem
      790 words
    • Article
      Venture cautious on NovaStation
      388 7 ItaajsMitytw* •rders firm; reaction to launch unexpected (SINGAPORE] Venture Manufacturing yesterday said that while it was currently talking with several original equipment manufacturers (OEMs) and distributors, only two have so far confirmed orders for its new Nova Station software. Responding to recent reports on the product
      388 words
    • Article, Illustration
      Amara Holdings offers 132m shares at 30c each on Sesdaq
      379 7  -  By 1 Tan Su Yen [SINGAPORE] Sesdaqbound Amara Holdings Limited, the first hotel and asset-based stock to list in a long while, is offering 132 million shares at 30 cents each. The offer comprises 120 million new shares and 12
      379 words
    • COMPANIES
      • Article
        Bank of East Asia profit up 22%
        622 8  -  Strong showing by IDTs third largest listed bank on growth in loan portfolio From* Quak Hiang Whai m Hongkong BANK of East Asia (BEA), Hongkong's third largest listed bank, lifted net profits 21.7 per cent to HKJI.O3 billion (Ssl9s million) for the six
        622 words
      • Article, Illustration
        Lock icon Telekom profit up just 6%, growth in fixed lines flat
        385 8  -  MsB9om grin less than expected; mobile phones a threat From] Meera Tharmaratnam tn Kuala Lumpur TELEKOM Malaysia yesterday posted a paltry 5.7 per cent rise in net profit to M 5889.9 million (***** million) for the half year, due to
        Source: Bloomberg  -  385 words
      • Article
        Lock icon Posco profit vaults 41% to record high in first half
        369 8 Bloomberg [SEOUL] Pohang Iron Steel Co (Posco), the world's secondlargest steel manufacturer, kicked off what is shaping up to be a better-than-expected earnings season for Korean exporters by announcing a record first-half profit. Officials at state-run Posco said net profit
        Bloomberg  -  369 words
      • Article
        Chuan Hup buys 15% terminal project stake
        186 8 [SINGAPORE] Chuan Hup Holdings has bought a itake In the Philippines International Air Terminals Co (Piat). The marine group yesterday said its subsidiary, Chuan Hup Inc (CHI), is paying 585 million pesos (5529.65 million) for 5.85 million shares representing a 15 per cent
        186 words
      • Article, Illustration
        Lock icon Honda's export drive
        92 8 [BANGKOK] One of 120 Thai manufactured Honda "City" vehicles headed for Singapore being driven on to the "Asian Victory" at the Bangkok Modern Terminal on Thursday. The export of the 4-seater City is a landmark for the company as it is the first time Honda has exported
        AFP  -  92 words
      • Article
        Renong gets majority stake in privatisation of KTM
        344 8  -  It also clinches project management ro&einCybeijaya Froi Eddie Toh in Kuala Lumpur LISTED Renong Bhd has clinched the majority stake in the privatisation of national railways company KTM Berhad and the project management role in the development of Cyberjaya, the intelligent city
        344 words
      • Article
        Lock icon Hopewell gets S&P boost despite Thai problems
        340 8 AFP [HONGKONG] Hongkong's Hopewell Holdings Ltd was given a boost yesterday by US ratings Arm Standard and Poor's despite the deadline expiring on a troubled Hopewell project to build a transport network in Bangkok. Standard and Poor's said it was standing by its
        AFP  -  340 words
      • COMPANY Briefs
        • Article
          LC Devt investing in Lacs project
          62 8 [SINGAPORE) LC Development is investing to a service apartment project In Lao*. it Is buyingBso,oooshares, representing an 85 per cent stake, in Gateway Enterprise from Australian firm Auslaoelpvaitmentifbr U*****400 (*****,325).The<1*al is subject to government approvals for the development of 116 service apartments tn Vientiane.
          62 words
        • Article
          Eng Kong to buy stake in container
          75 8 [SINGAPORE] EngKong Holdings it proposing tab# an interest in TianJlnEng Kong Container Servlcse Co CFBK)» which is ajoint venture between the China National j (Overseas) (EKD). EKD had earlier agreed to selirts 56 per cent stake in TEK to the group once TEK
          75 words
        • Article
          Wing Tai Garment acquire USI shares
          55 8 [SINGAPORE] Wing Tai Garment Manufreturing (S), a subsidiary of Wing Tai Holdings, has acquired IJB million 891 Hoidinn for HK82.9 million (8g650,0«ft USL W WCfMUdtel on tMHongkenc Stosk Exchange, i*an Lassp£ft of the wlrfTai gmup. After the acquisition, m WmgTaiGarteeniowns a.25 million ibans, or
          55 words
        • Article
          Keppel Singmarine awarded ISO 9001
          52 8 [SINGAPORE) Keppel Stngmarine Dockyard, a mtoidlUT of Keppel Marine Industries, has been awarded the ISO 9001 certificate recognising international quality standards. The certificate was recently prevented to tits comwfiyis executive director. Goh Boon Kiat, by Ronald 'H«|d*sert, reglonal director of the American Bureau of Shipping
          52 words
        • Article
          Kay Hian appoints director
          16 8 [SINGAPORE] Henry Tay YunChwan bat been appointed director of Kay Hlan Holdings.
          16 words
        • Article
          Vickers Ballas buys stake in Aussie firm
          50 8 (SINGAPORE) Vickers Bailee Holdings has acquired a 7.86 per cent stake In Australian company Hartley Poyntcnfbr A 53.6 million (Bs&9 million). Hartley Poynton, which la listed bn the Australian Stock Exchange Is engaged l& stockbroking, fund management, corporate advisory servicee and financial consulting.
          50 words
        • Article
          First Engineering director quits
          16 8 (SINGAPORE) Quek Cher Teck has resigned ee director of First Engineering Ltd.
          16 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Jobs is de facto Apple chief as search for new CEO continues
        598 9 Be will retain Pixar job, but has agreed to help out at Apple till new CEO is hired Bloomberg [CUPERTINO, California] Apple Computer's search for a new chief executive and chairman will last at least another three months,
        Bloomberg  -  598 words
      • Article, Illustration
        Lock icon P&G Q4 profit up on higher sales
        528 9 SftlMtflMUelMld infects bMatoi Mnuagsby 13% Bloomberg (CINCINNATI] Procter Gamble Co's fiscal fourthquarter earnings rose 13 per taut and beat expectations on higher sales of Pampers diapers, Tide laundry detergent and other household products. PAG also said it will continue its stock buyback programme
        Bloomberg; Source: Bloomberg  -  528 words
      • Article, Illustration
        Lock icon Unilever sees less buoyant profit growth
        261 9 [LONDON] Anglo-Dutch consttfner giant Unilever plc/NV expects profit growth in the remainder of the year to be less bboyant, chairman Niall Fitzgerald said yesterday. In a statement attached to tiie group's half-year results, he laid sales growth was likely to remain modest. "Although profits
        Reuter  -  261 words
      • Article
        Lock icon Cost cuts fuel 10% rise in US corporate profits in Q2
        481 9 Earmnpgrowtn twice as high as some analysts'forecasts Bloomberg [NEW YORK] US companies' second-quarter profits rose a better than expected 10 per cent, as cost cutting by automakers and others and increased telecommunications and computer sales helped extend an earnings
        Bloomberg  -  481 words
      • Article
        Lock icon Volvo sells 11.3% stake in Renault to UBS Sec
        331 9 Bloomberg [STOCKHOLM] Volvo AB, Sweden's largest carmaker, said it sold its 11.3 per cent stake in Renault SA, a French carmaker, to ÜBS Securities for 5.9 billion kronor (551.09 billion). ÜBS is placing the 27.2 million Renault shares in the market
        Bloomberg  -  331 words
      • Article
        Lock icon France's Bic eyes Sheaffer pen group
        368 9 and lew-cost items to mm upmarket FT [LONDON] Bic, producer of one of France's best known brands, on Thursday extended its programme of acquiring famous names by announcing plans to buy Sheaffer, the USbased fountain pen group. The move is a shift away from
        FT  -  368 words
      • Article, Illustration
        Lock icon Barbie's tributes to a legend
        65 9 [LONDON] Barbie, the world's best selling toy, is all set to pay homage to one of the world's timeless icons—Marilyn Monroe. In the latest addition to the Hollywood Legends series, Mattel has produced the new Marilyn Barbie to commemorate the 35th anniversary on Monday of
        AFP  -  65 words
      • Article
        Lock icon British Telecom to conduct broader review of MCI deal
        455 9 FT [NEW YORK] British Telecom (BT) and MCI, the US telecoms operator BT has agreed to acquire for US$23 billion (5533.6 billion), are conducting a far more wide-reaching review of their businesses than was previously suggested. Peter Bonfleld, BT's chief executive,
        FT  -  455 words
    • FINANCE & COMMODITIES
      • Article
        Gasoil cargo dispute alter prices collapse
        433 10  -  Marubeni and BB Energy seeking arbitration oyer 150,000-barrel deal By\ Siow Li Sen [SINGAPORE] The collapse in gasoil prices last month has led to a dispute between two oil traders in a chain of transactions which involves, among others, Malaysia's Petronas. Japanese trader Marubeni
        433 words
      • Article
        Lock icon Taiwan investors make slow start on Simex MSCI futures
        431 10 Bat interest expected to pick np soon, say dealers Reuter (SINGAPORE] Taiwanese investors made a slow start on their first day of trading Tai-wan-linked stock index futures on Singapore's futures exchange but interest is expected to pick up soon, dealers and
        Reuter  -  431 words
      • Article, Illustration
        Lock icon US$ still trying for higher ground?
        458 10 uss/nuu-k: The US$/mark traded to a high of 1.8492 on Monday before settling to consolidate between 1.8270 and 1.8455 in the following three days. The technical picture remains bullish, with initial resistance seen at 1.8500. A breach of this level is required to see
        Source: DBS Bank  -  458 words
      • Article
        2 insurers merge Singapore operations
        295 10  -  By\ Soh Tiang Keng [SINGAPORE] Two giant British insurance companies, Royal Insurance and Sun Alliance, yesterday merged their operations in Singapore to form what officials describe as "a centre of insurance excellence in the region". The integrated group, known as Royal and Sun Alliance, said
        295 words
      • Article
        Lock icon Euroyen oft highs but remains firm
        254 10 to—m Report Reuter [SINGAPORE) Simex Euroyen futures were off their highs yesterday but remained firm, supported by weak car sales data and a sharp drop in Tokyo stocks. Euroyen futures were also boosted by large buy orders from a major US investment house. "They
        Reuter  -  254 words
      • Article
        Taiwanese entry boosts futures volume
        165 10  -  MSCITAIW AM FUTURES -fiv Perry Gilbert By Perry Gilbert, vice-presi-dent, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Index futures contract saw an increase in activity yesterday as Taiwan investors are now allowed to trade the contract. Volume was 3,263 contracts, with active participation
        165 words
      • Article
        Lock icon No change in Pertamina policy: analysts
        226 10 ENERGY REPORT Reuter (SINGAPORE! A decision by Indonesian state oil company Pertamina to take over a crude field operated by Caltex is unlikely to represent a major policy change, analysts said yesterday. "It may cause a little shudder, but it's not a major blow,"
        Reuter  -  226 words
      • Article, Illustration
        Untitled
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        1,166 words
      • Article
        Lock icon CURRENCY REPORT
        277 10 Reuter, AFP THE US dollar firmed further against the mark after the an»>. nouncement of a drop in the US jobless rate in July and or US job creations well above economists'forecasts. <k At 1255 GMT, the dollar 4 was at 1.8557 marks against 1.8378 on Thursday evening,
        Reuter,; AFP  -  277 words
    • Article
      COMMODITY PRICES
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      927 words
    • Article
      Lock icon TOKYO
      1532 11 AFP □■ua -87J6 SHARE prices plunged 2.6 per cent yesterday, on futures-led declines, with the Nikkei Average falling below the psychologically-important 20,000-point level for the first time since July 11. Brokers said that in early trade, the market was paralysed by a computer breakdown, but the trouble did not
      AFP  -  1,532 words
    • Article
      WORLD STOCK MARKETS
      1669 11 HI fcfrdrtdi Hm Group 472 -3400 AO Ports 24X400 400 A66oy National PIT Ifffl -T .400 447.400 12.200 Amac 145.400 -1200 Aado Group *****0 -.200 MTM 508.600 -12.400 KM *****00 ■CC 144.400 -4400 BOC Croup *****0 -10 MMMM 616 -***** «n» wtjoo -joo Bank of Scotland 447
      1,669 words
    • Article, Illustration
      Lock icon HONGKONG
      1441 12 AFX-Asia P Hang Sang ♦13JI SHARE prices closed slightly higher on continued gains in the property sector yesterday, although profit-taking in HSBC and HK Telecom dampened the rise in the key index, dealers said. The Hang Seng index closed up 13.51 points at 16,379.22. Turnover was HK126.9 billion. The
      AFX-Asia  -  1,441 words
    • Article, Illustration
      Lock icon CHINA
      600 12 Reuter PaMAwBMn jjj THE Shenzhen B Share Index closed slightly higher yesterday, fuelled mainly by gains in market newcomer Bengang Steel Plates. The index edged up 1.26 points to 130.86 on turnover of HK$63 million. The A Share Index gained 1.96 points to 409.46 on turnover of 3.8 billion
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  600 words
    • Article
      Lock icon TAIPEI
      378 12 AFP QWFMg -H.lt THE central bank's move to lift interest rates yesterday depressed buying interest and pulled the key index down. The central bank lifted the discount rate by 0.25 percentage points in a bid to check the fall of the local currency against the US dollar. "Investors turned
      AFP  -  378 words
    • Article
      Lock icon WELLINGTON
      255 12 Reuter p|w«nmflmn *175 SHARES staged an afternoon rally to recover from early weakness and close the session slightly firmer yesterday. The NZSE-40 Capital Index closed 2.75 points stronger at 2,574.63. Reuter mi «a wg ANZtaMrinf 12 JO a» sww Advant *9»i Htdgs 1.09 uncfi 4000 MTNMZHMIAI 3.12 -0.02 *****9
      Reuter  -  255 words
    • Article, Illustration
      Lock icon BANGKOK
      791 12 AFP QSBTbta__4UB SHARE prices fell yesterday on speculation of further failures among finance firms as Standard and Poor's warned bad debt levels could bring down credit ratings. The rating agency said yesterday that the long-term local and foreign currency debt ratings of both the state and financial institutions were
      AFP  -  791 words
    • Article
      Lock icon SEOUL
      382 12 AFP nftowtoMß *&33 SHARE prices closed higher yesterday on improved sentiment on the economy. Dealers said the market opened higher on a perceived brighter outlook for the economy and easing concerns on insolvency problems but worries over the effect on exports of the weakening yen prevailed towards the close.
      AFP  -  382 words
    • Article
      Lock icon SYDNEY
      569 12 AFP QAllOrthariiß -7J SHARE prices closed weaker yesterday amid lacklustre trade weighed down by softer blue chips. "Buyers are really shopping around for value, for good yields," said a trader. The All Ordinaries Index finished 7.6 points down at 2,727.5. National turnover totalled 387.36 million shares traded valued at
      AFP  -  569 words
    • Article, Illustration
      Lock icon JAKARTA
      711 12 AFP +QJSQ SHARE prices rose marginally yesterday in subdued trading with the rupiah stable but slightly lower week-on-week, dealers said. "Investors are reasonably confident that the rupiah will come back," said a trader at Deutsche Morgan Grenfell. The JSE Composite Index edged up 0.50 point to close at 721.77.
      AFP  -  711 words
    • Article
      Lock icon MANILA
      308 12 AFP FlMaafla +H24 SHARE prices closed higher in thin trade yesterday, helped by healthy interim corporate profit results but restrained by currency concerns. "The market was boosted over the past two days by favourable earnings results," said a trader. The Composite Index rose 19.24 points to 2,635.64. Turnover was
      AFP  -  308 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares slip on ringgit concerns
        230 13 AFX-Asia Q Campsite lafcx -1121 SHARE prices closed lower yesterday on concern over the ringgit and interest rates and rumours of a sizeable trade deficit for June, dealers said. They said a brief upturn on talk of a cut in Bank Negara's reserve requirement was
        AFX-Asia  -  230 words
      • Article
        Untitled
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        125 words
      • Article
        Untitled
        7680 13 wmnmu.1 Cwmt nigtti 1997 Last Vai Day Nat Cap High Lear Ctmmy «a» "000 High 1— Pit 790 S40 Ajinomoto 560 31.0 227.0 448 293 Angkasa 304 unch V* 304 302 9.0 448J 909 610 ApokoFoadHIg 660 IS 7 MO 650 264.0 428 W9 Barjaya Ind 291 susp ***** 765
        7,680 words
    • WARRANTS & OPTIONS
      • Article
        Hong Leong Ind warrant's data merits a buy recommendation
        178 14  -  WARRANT WATCH By\ R Sivanithy IT'S RARE for us to come across an out-of-the-money warrant which has an undemanding premium, so today's feature has to be one of a kind. The Hong Leong Industries warrant expires in 2001 so time is
        178 words
      • Article
        Untitled
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        2,987 words
    • Article
      CLOB INTERNATIONAL
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      1,780 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        1,057 words
      • Article
        MAIN BOARD
        4935 15 Transaction Dale: Aiu; 1 Q. Or Or am 1997 Last Vdl Day LaatOwata Ohr Oto VM Nat Cm A»g S4*gh Lot StNo Csnpiny Sato rOOO) MHti Lav toytr SaBar C*vr P/t |art Prtea f? HUIUUL] i 157 rtl a 1020 ACE Dynamic »60e.____ to -2 201 117 IO
        4,935 words
      • Article
        SESDAQ
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        954 words
      • Article, Illustration
        HOT STOCK
        58 16  -  -if Shiv Taneja OCBC FOREIGN, which closed 20 cents lower yesterday at $14.60 on a volume of 1.84 million, is a near the bottom of its trading band. Looking ahead, then may be some more downside, but investors with medium to long term view should use this opportumty
        58 words
      • Article
        Untitled
        211 16 «M*« fpl—0 Asia FoodtProp H897.000 HKlandUSIOc 7,827.000 UIC 4.037,000 KeppeiLand50c 3.272.000 Raffles ttoflOc 2.754,000 IK Corpn 5c 2,533,000 Wing Tai 25c 2.425.000 Tianjin Zhong 1999,000 •MBf Capital 1.968,000 *Renong WtOO 1,853,000 Umkt I OCBC Foreign 26.926,494 HKLMiUSIOc 19,825,260 Keppei Land50c 13,982,747 JMH US25C 400 11,005^60 U08 Foreign 10,921.764 Asia Foodfifrop
        211 words
      • Article, Illustration
        Slight recovery in property stocks fails to move players
        685 16  -  STOCK MAUBT COMMHMTASY In KL, the Baknn dam row is said to be a factor behind the weak sentiment, although talk of a large June trade deficit is also making investors nervous By R Sivanithy [SINGAPORE] A slight rebound in property
        685 words
      • ON THE GRAPEVINE
        • Article
          No parking,Ever!
          98 16 IS THERE a trick question in the application form to be completed by those seeking appointment as senior counsel in Singapore? Section C (Character) puts five questions which at first glance appear to require simple yes or no answers. But hang on. The first is: "Have you ever
          98 words
        • Article
          Riding the HK bull
          48 16 IN HONGKONG, the partying continues. The Stock Exchange of Hongkong is currently processing 33 applications for initial public offers. It has approved five cases which have not yet been listed. Two other cases are put on hold. Another 13 cases have made preliminary Inquiries.
          48 words
        • Article
          Payphones in pas-colonial protest
          99 16 THEY are not amused. In fact, they're spitting mad. Hongkong** pSyphooee, akmg with assorted vending maehinoaacvund the island, are reported to be spitting back newly-minted post-colonial coins and demanding a return to their diet Trouble is, ever with aneyefba money-making possibility. Hongkongers have hoarded away the
          99 words
        • Article
          Miĺennium bug in pre-trial dome?
          74 16 LESS ebullient Tokyo stock mar ketofflcials in all stocks bar Frenzied coaxing and wbstfliigald a few fe fi prayers, no doubt, had the system up aiwn running again after lunch. But the damage had been done and nervous investors quit the re-wired market in droves,
          74 words
        • Article
          That property market again
          107 16 AMTOaU the property market brouhaha of recent days, those obliging chaps at Reuters I have signed up three big local consultancies to provide all kinds of market info for users of its Business Briefing database. Starting in a fortnight's time, the database will offer research from
          107 words
        • Article
          Bad diagnosis
          80 16 MALAYSIAN Prime Minister Mahathir Mohamad has got hit diagnosis wrong, according to The Economist. The latest edition ofthe magazine takes DrMahatiilr to task for "an alarming level of economic illiteracy". Suggestions last week from Dr Mahathir that super-speculator George Soros may be trying to ruin South-east Asian economies
          80 words
        • Article
          A cheaper way to catch cable TV?
          94 16 EARLIER this week, we told you about a CEO who resorted to renting an HDB flat Just so ha could watch his favourite sports programmes on cable television. It seems there is a cheaper way for those despsrate to catch cable one way
          94 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      210 7 There's a new lion in Singapore. •fl V v A Easy access to the fixed income market for Singapore Dollar investors. DB Don Bond Fund. ii DB Fund Management Ltd, a subsidiary of the Deutsche Bank Group, will lannrh the DB Lion Bond Fund on August 6, 1997. Singapore Dollar
      210 words
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      226 8 lINi wsatyourfinqertips Thanks for your support, the j calculators were given out! But, you still stand a chance V to win one of our air tickets Hurry! Subscribe now, you summary of the week's major happening# in Singapore and in the Aaean region. Covering news from social issues, politics, business,
      226 words
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      31 9 v D|| SYDNEY, AUSTRALIA 062 rooms O Restaurant with liquor licence O Established tourist precinct O Close to CBD and Kings Cross O Refurbishment/redevelopment potential ojjn&nj* Vacant possession I KHt L^^LJ
      31 words
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      37 12 V SFor real-time stock information, call Quick Stock on 1900-913-0003 at 30 cents a minute. 't-t f 1 1 w-X Stock numbers are available in the stock pages of f The Business Times and Lianhe zaobao. J
      37 words
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      144 14 W. ..'.comes to you A^tf !!!l! Sl„ 1 ***cribo tow* tor. (ptease choose one) Method of Payment (phase tick one) I Jtk wwomHiM ga-r.ta'.'a D asss^i3;"~"— I ....QIVOS you Q Multimedia StopPrws tnefcuteGST.poataQ*andhamang) fJK chance to win -ds~s~,s~- D sr»= 1 groat prizes nrh Multimedia CD-Rom ....la priced Other (mth
      144 words
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  • Page 16 Advertisements
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      250 16 mJSIHBSSiVbfeCgS lb advertise call toll-free 1800-*****83 NOTICE IS HEREBY GIVEN that, I Yap Ah Kuang of BlkslBChoaChu KangStSl #05-10 Singapore *****8, have applied for a Beer House Ist Class Licence in respect of M/s Gim Tih Garden Seafood (Bedok) located at 282 Bedok Road Bedok Shopping Centre Singapore *****8, and
      250 words
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      Page 16 Advertisements Column 2
      522 16 UNDETEVES-JACOBERG LIMITED I (Incorporated in Singapore) I ANNOUNCEMENT I RENOUNCEABLE RIGHTS ISSUE OF $29,600,000 PRINCIPAL AMOUNT I OF 1.5 PER CENT. UNSECURED LOAN STOCK DUE 2002 ("LOAN I STOCK") WITH 29,600,000 DETACHABLE WARRANTS ("WARRANTS") I TO SUBSCRIBE FOR NEW ORDINARY SHARES OF $020 EACH ("NEW SHARES") IN THE CAPITAL OF
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      Page 16 Advertisements Column 3
      131 16 Subscrfptfoa^snsiM/ T 1m Ch«qu« Please attach a crossed cheque made payable to Singapore Preea argapore Press HoWogs Lid Mo4<*ngs US. and mail It to tha address on the laft. 82 GerrOng Lane, Singapore *****7 Tei: 740-14S1 Fax: 740-2216 I wish to subscribe to Poet One in the following way Address:
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Arts funding: who foots the bill?
      2122 17  -  CWEEMMi How much financial responsibility should the government take for developing the arts in Singapore? «w gets some answers BEN MUNROE Nestling in the figures of the recent budget is a quietly observed fact that the Ministry of Information and The Arts (Mita) has
      FILE PHOTO  -  2,122 words
    • STRAWS In The Wind
      • Article
        About time they wise up
        98 17 SO YOU think you know your art? Check out this nugget from the New York Times: At the Metropolitan Museum of Art, two women were admiring a painting. One of the women remarked: "What a beautiful painting. I wonder who the artist was." The other
        98 words
      • Article
        Chew on this
        29 17 HERE'S what Entertainment Weekly magazine has to say about Mike Tyson: "It's too weird. You bite off someone's ear and what do you get? A hearing."
        29 words
      • Article
        Restricted reading
        54 17 AN OFFER you can resist? At MPH bookshops, if you make a purchase, you get to choose some other books for free. The catch is, you can only choose from "selected" books which, as one shopper discovered, are actually old, obscure hardbacks that must have been impossible to
        54 words
      • Article
        Road sense
        25 17 BUMPER stickers we like: It's lonely at the top, but you eat better. Puritanism: The haunting fear that someone, somewhere, may be happy.
        25 words
    • BOOKS
      • Article, Illustration
        Lock icon Cultural affinity and the rise of new enmities
        1020 18  -  The fault lines of world politics will follow the borders of the great cultures, says Samuel Huntington. But kbvdv sullivan has his doubts KEVIN SULIVAN lie CUah Of OMtteatloaas And The laraahing Of World Order By ftawd P mi Sftmoa A Schuster
        SIN  -  1,020 words
    • PURSUITS
      • Article, Illustration
        Cute, cuddly and worth a fortune
        1154 19  -  Steiff has become synonymous with collectors' bears worth thousands of dollars. What drives up their prices? jaimhbb finds out JAIME EE IN THE world of teddy bear collectibles, the name Steiff is more often than not uttered in the same breath as "investment value"
        1,154 words
      • Article, Illustration
        First steps in a new direction
        927 19  -  PROFILE TTCsAadrewYap talks abeit his of discovery •■the Paradise Road project By] Ben Munroe BANKROLLING a Hollywood movie does not 9eem the safest of Investments, given the fantasy figures required to produce a Terminator or Batman flick, and the fickle nature of audiences the
        927 words
    • Article, Illustration
      One bad move after another
      561 20  -  CINEMA Cast, script and plot all shuffle listlessly towards an MMmgHging romance in Let It Be Me By Susan Tsang LET IT Be Me marks the return of the makers of Dirty Dancing. Whereas the 1987 hit pleased audiences, 10 years down the line this
      561 words
    • Article, Illustration
      A triumph of attitude over anarch over anarchy
      716 20  -  CINEMA Step aside, Mulder and Scally. Here come the Men In Black. They're ceel, they're crafty, and they beast the meanest clean-and-cover-np act inNewTork By( Corinne Kerk MEN In Black (Miß) is a cool movie. At a time when the world seems
      716 words
    • Article
      Unmistakably Les Amis
      699 21  -  NIGHTSPOT Here's a wine bar that should please both the connoisseur and the complete beginner By\ Ben Munroe LES AMIS has extended its Shaw Centre premises to include a wine and cigar bar. efficiently run by the Singapore F&B equivalent of Quentin Tarantino's men in suits. Only
      699 words
    • Article, Illustration
      WHAT'S ON
      363 21  -  Compiled by M Yasotha COMUmiTB Guitar Recital By John miiu A one-night only performance by one of Britain's finest concert guitarists. Mills' programme will include Alexandre Tansman's Suite in Modo Polonico, Joaquin Turina's Sevillana Fantasia, and J S Bach's Suite No 1 (origfor cello). Aug 8. Bpm at
      363 words
    • EPICURE
      • Article, Illustration
        Jambalaya by the river
        791 22  -  RESTAURANT OhackMtßwrhMSt at Boat Quy far mm Cajun ui Creole cotking By i Corinne Kerk RESTAURANTS have a habit of coming and going so quickly at Boat Quay that after a while, it's anybody's guess which outlet can afford the rent and stick around. One of
        791 words
      • Article, Illustration
        Lock icon The Blanc express
        670 22  -  Raymond Blanc has two Michelln stars, a hotel and fine dining restaurant in Oxford, and fingers of steel inn HB watches as the Burgundy-born masterchef whips up a gourmet meal in minutes JAIME EE Raymond Blanc looks a heckofalot like actor Martin Short. The tousled black hair,
        ARTHUR LEE  -  670 words
      • Article, Illustration
        Lock icon Short cuts to fusion food
        463 22  -  ■PRODUCT Hew authentic are the flavours that come pre-mixed and pro-packed bj Asian Home Gourmet? By\ Nyasha Laing IF YOU'VE ever shopped at your local supermarket for a ready-made meal, you'd probably have been inundated by the mind-boggling array of pre-mixed spices made by Asian
        PHOTOS BY ERIC CHU  -  463 words
    • Article, Illustration
      CINEMA
      1131 23 Innaaia. Eric Stoltz leads a party down the Amazon to find a lost tribe. Almost worth watching to see Jon Voigt vomited from the snake's gullet and then wink before finally dying. Woodlands: 11.45pm. Jubilee: 11.30 am Empress: 3.30pm. Boon Lay: 10.10;2.40. Tampines: 11; 1;5.15;9.30; 11.40. Yishun: 10; 9.30.
      1,131 words
    • TRAVEL
      • Article, Illustration
        Lock icon A fine place to visit, whatever the year
        1667 24  -  Most visitors go to Bordeaux to savour its famous wines. But there's more to this region than its clarets and chateaux, as ckkb hwhb lhmo soon finds out GOH HWEE LENG HE SKY was heavily overcast as we approached HI the city
        ALL PHOTOS BY GOH HWEE LENG FOR BT  -  1,667 words
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      Page 17 Advertisements Column 1
      11 17 Steiff bears: g# cute, cuddly and worth a fortune el 3
      11 words
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      Page 17 Advertisements Column 2
      84 17 Travel Bordeaux, France EL 8 -3 Sllfhi More If having your favourite sushi for lunch Starting in August enough r daHy sushi affair at $36* per person is the perfect meal for those with a healthy appetite. After a tantalising sushi buffet, go on to order your choice of a
      84 words
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      Page 18 Advertisements Column 1
      124 18 It could be any number of anniversaries, ISO certification, pages but the cost of a special A wlllllte ground-breaking ceremonies feature in our newspapers and topping-up ceremonies, will remain the same for you: $0. We will Since you have so much to gain and nothing organise sponsorship as well as
      124 words
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      128 20 It's nice to say I A .ji. y I I I L I^o\ I to all your applicants. f iSt I You've received an overwhelming response to your Executive recruitment I I. advertisement. With a Thahk-you ad in The Business Times, you thank each I I and every one who
      128 words
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      Page 21 Advertisements Column 1
      664 21 Where to wine, dine and entertain...ffswlßsns What Latter way to celebrate a great week than Sunday Brunch at The Lafe-in-The-Rrk? Enjoy the finest hrunch and service at only $28" per adult (only $14* {or the hid*). Then toast your good fortune with L>old Champagne, each glass glittering with real flakes
      664 words
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      Page 21 Advertisements Column 2
      68 21 24-lMur Coffee House f lit floor The Chicken Rice Capital Of The World 333 Orchard Jtoad, Singapore *****7. Tel: 737 4411 SIB? ►The new Phoenix Garden Cafe is now open Right in the heart of Orchard Road Popular Buffet Lunch. High Tea and Dinner ►Two function rooms, seating up to
      68 words
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      Page 22 Advertisements Column 1
      103 22 Ta/wf Transport Authority Infoline— ♦COE Bidding Results I Car Registration Number Availability. I Aviflable on Ighor llthof AJyon Available between Saturday aidlUniiy each week. AD yon seed is I i Car Registration Number Bidding Results. Available between Saturday and Wednesday each week. All yon need is enter your lifcncifli liun
      103 words
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      Page 22 Advertisements Column 2
      54 22 You may have been unable to get your copy of The Business Times, The Straits Times, The Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home
      54 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1797 23 TODAY'S TV ■TffTffUft ?5w5i5 2M Chinese T °p 20 count- IXOO NNTV Innovations. *A; |m|*, down Dfivlncrthp and Jack Lemmon, are pm interriationai Ru«by 'IWJK, 400 TV lnnovatlons JL/flVlllti lilt? Union 1997 Australia fcfcm Mi 'e immwi in h a JT O forced to flee to Miami vs France. aQCtOr
      1,797 words
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