The Business Times, 15 November 1997

Microfilm: NL21049
Total Pages: 26
1 26 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, NOVEMBER 15-16,1997
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  • Article
    MARKET SUMMARY
    60 1 wmm U mui(+9i7) IMU iaji(+ii7) fl ITOOMP UMUJ7 (+16.25) D MMSH.9J) wnmwiMMnmmBB Friday Change KLSE COUP §77.47 -III NIKKH IMttM —-M47S HANG8EN0 aj§7H—+tMM SET INDEX 4JC87 +3.06 JAKAITA COUP—4*84 III MANILA OOMP _US44* +41.4# TAIPEI WP1 7.48U1 -71K SEOUL COUP Wt.tl +M4 CLSA CHINA B 1,IK IS 4*7
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  • Article
    FINANCE
    67 1 rr —SI USS. im un DM M78 MI4 YEN IM 17* IJtt m MM M7» HKS—— U» BANT -MM UMI RUP1AH IM MM MM PUB BATES SINGAPORE* 144 KUALA LUMPUR t» JAKARTA l&M BANQKOK ■AMU H* HONGKONG 8.71 TAIPEI M» SYDNEY Wt TOKYO 11* SEOUL itn ZURICH** AW! FRANKFURT-
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  • Article
    Year's take-up of private homes may fall to 5,500
    627 1  -  USA quarterly update on vacancy rates and future supply paints bleak pictare By Lee Han Shih, Ang Wan May [SINGAPORE] Demand for private housing may shrink to a worse-than-expected 5,500 units this year slightly more than half the number sold in
    627 words
  • Article
    S'pore's financial reforms may take after US, Europe
    543 1  -  We may look more at technological says BG Lee By i Conrad Raj in Osaka SINGAPORE'S financial sector review is likely to model its reforms after the changes in America and Europe, Deputy Prime Minister Lee Hsien Loong indicated yesterday. Speaking at
    543 words
  • Article
    Lock icon UBS plans to buy Merrill Lynch: report
    162 1 Reuters [ZURICH] The Union Bank of Switzerland (ÜBS) is planning to acquire US investment bank Merrill Lynch Co, reported Swiss news weekly Facts. "A purchase of Merrill Lynch would make sense," it said. Its report also referred to rumours that ÜBS was considering
    Reuters  -  162 words
  • Article, Illustration
    Lock icon Me dead? Here I am: Liem
    477 1  -  SsHwidriafrwlns back to Jakarta for TV appearance to dispel rumours of his death By 1 Lee Han Shih [SINGAPORE] A bank run sparked by rumour of his death sent Indonesia's richest businessman, Liem Sioe Liong, rushing home from Singapore to Jakarta yesterday evening. "I
    FILE PHOTO  -  477 words
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      Page 1 Advertisements Column 1
      131 1 Si* Singapore consumers are the dear winners in the current supermarket war. But price-conscious shoppers have a lot more homework to do to sniff out the best bargains, as evidenced in a Business Times price survey of a basket of 100 household items, P|2 Dotftaip agNdbrt ff you are beginning
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      Page 1 Advertisements Column 2
      12 1 Plenty to choose, Pg 3 Extracts of BG Lee's comments, Pg 5
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      Page 1 Advertisements Column 3
      153 1 Get the Saturday BT at home ty&nt to get The Business Times delivered to your home only on Saturdays? BT has launched a special home subscription for the weekend edition. And we're throwing in eight Motorola StaiTfec 80 handphones to be won by lucky subscribers who sign up before Nov
      153 words
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      Page 1 Advertisements Column 4
      9 1 Bank Damunon owners may sell some stake, Pg 10
      9 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Consumers win big in supermarket war
      1658 2  -  But price-conscious shoppers have to do more homework to find best bargains By Frances Lui SINGAPORE consumers are the clear winners in the current supermarket war but price-conscious shoppers have a lot more homework to do to sniff out the best bargains. A Business
      1,658 words
    • Article
      Price war turns supermarts towards parallel importers
      412 2  -  By. Ang Wan May THE supermarket price war is causing cracks in the supplier network as major players turn to parallel imports to get the cheapest supplies possible. Parallel imports can be 10-20 per cent cheaper than local supplies, supermarket operators and suppliers
      412 words
    • Article
      Bolger opens Goh Cheng Liangfs Gulf Harbour project
      500 2  -  Ousted PM says NZ needs such foreign investments From< Catherine Ong in Auckland HIS sense of humour Intact despite his sudden ousting from office, New Zealand Prime Minister Jim Bolger officially opened Singaporean tycoon Goh Cheng Liang's NZ$5OO million (***** million) Gulf
      500 words
    • Article
      HDB to slow down rate of rental increases
      345 2  -  Move to help shop tenants tide over tough retail climate By, Abdul Hadhi THE HDB is to slow down the process of raising rental rates to match market rates for commercial and industrial properties in view of the poor retailing environment. National
      345 words
    • Article, Illustration
      Ready: S'pore-led film's China highway
      359 2  -  By] Lu Ning A SINGAPORE-LED company has successfully completed building what is believed to be the largest Singapore-invested road project in China a US$36O million (*****.6 million) highway in the southern province of Guangdong. The 215-km Qinglian Highway is built by Guangdong Qinglian Highway Development
      359 words
    • Article, Illustration
      Lock icon Growth in bank loans picks up to 13.5% in Q3
      696 3  -  But rise is a blip, say analysts, turmoil, falling housing loans will take their toll By\ Clarissa Tan BANK loans growth, on the slowdown since March, picked up to 13.5 per cent at the end of the third quarter. But
      Source: MAS  -  696 words
    • Article, Illustration
      Lock icon Peter Tay gets 20 months' jail in Amcol case
      422 3 Out on bail, he is annealing against judgment and sentence The Straits Times BUSINESSMAN Peter Tay Huay Hong was yesterday sentenced to 20 months' jail for conspiring to cheat Amcol Holdings, but he is appealing against the judgment and the sentence.
      The Straits Times  -  422 words
    • Article, Illustration
      HP to make superfast printers in S'pore plant
      373 3  -  By. Raju Chellam US GIANT Hewlett-Packard said it will make new superfast printers claimed to be 40 per cent faster than those of its rivals at its factory here in Singapore. A spokesman told BT that HP is increasing its manufacturing capacity
      373 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      198 2 HI Tastefully Designed FREEHOLD H ■I SEMI-DETACHED HOUSES FOR SALE 11 SHOW HOUSE at 9A Cactus Road (D.28) K; II OPEN TODAY AND TOMORROW mf 11 2 p.m. to 6 I ■HI Limited 16 units only of 3-Storey Semi-detached Houses. I Land area from approx. 3,300 to 5,400 sq.ft., built-up
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      179 2 CRYPTIC CROSSWORD thest from centre (7) 28 Just the subject for pastmas- nnw ters (7) 8 Beaten into shape (7) YESTERDAY'S SOLUTION DOWN 14 When the play was taken off re- Q imi| ||i|*| 1 ESffl U S 3 Partnei I'ESfflsHffliJMO 2 Value an order (5) 16 A few occasions
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        Lock icon BT Sentiment Index
        596 4 Rothmans ♦(Maintain Roy) BZWPacific Union, Nov 13, $7.75 The company's impressive interim results, released in September 1997, highlight the strong growth potential of tobacco products in the region. While Singapore saw volumes remain steady, helped by anti-smuggling efforts, the Indochina market continues to fuel volume and earnings
        Figures denote number of respondents  -  596 words
      • Article, Illustration
        In My Opinion
        404 4  -  Stephen Chan Associate Director Kay Hian Research HE investment guru I Peter Lynch once A said: 'Predicting the short-term direction of the stockmarket is futile.' This is especially true given the current uncertain economic environment, and at times like these it is important that investors look for
        404 words
    • Article, Illustration
      Don't pass up a good bet
      878 4  -  Now might be the time to get into Asian equities as indicated by the return of smart money to the region By'. Shiv Taneja [SINGAPORE] IF YOU are beginning to despair that there is no end to the bad news coming out of the
      878 words
    • Article, Illustration
      Lock icon Some quality picks in Manila
      595 4  -  EVE ON THE REGION: PHILIPPINES From. Al Labita in Manila INVESTORS looking to buy Philippine stocks should do so with an eye on the long term and focus on defensive stocks given the regional volatility and general short-term uncertainty. Here are a few stocks that
      FILE PHOTO  -  595 words
    • Article
      Starting out with unit trusts
      646 4  -  In vesting in fands is quite distinct from trading shares By\ Shiv Taneja [SINGAPORE] If you get a call from your broker trying to interest you in trading a financial instrument that doesn't at all sound like stocks or shares don't slam the phone on
      646 words
    • Article
      Accumulating wealth, gradually
      657 4  -  One good way for small investors is monthly savings and investment plans By\ Caroline Meakin The writer is manager of private client portfolios at Schroder Investment Management Singapore. NOT everybody is sitting on a pot of uninvested gold or has a large wad of cash under the
      657 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon Japan plans boost via second budget
      763 5  -  Bat Nikkei fells through 15,000 level closing &t 15,082, amid increasing gloom From. Anthony Rowley in Tokyo JAPAN'S ruling Liberal Democratic Party (LDP) yesterday held out a promise of significant additional public spend*ing to boost the flagging economy but financial markets demanded instant action
      Source: Bloomberg  -  763 words
    • Article, Illustration
      Lock icon Rubin won't discuss Korea's need for bailout
      418 5 Bloomberg [WASHINGTON] US Treasury Secretary Robert Rubin has declined to answer questions about whether an international bailout is being assembled for South Korea. "Rather than comment on any individual country, which we have not done except -where appropriate, we have "Very vigilantly for
      Bloomberg  -  418 words
    • Article
      Lock icon Moody's may rerate three more S Korean banks
      326 5 Move sparked by string of corporate failures in country Reuters [SEOUL] South Korean banks, or in the throes of an unfolding "'debt repayment crisis, had their image further tainted yesterday when Moody's In- vestors Service said it may -'downgrade the ratings for
      Reuters  -  326 words
    • Article, Illustration
      Lock icon HKMA chief calls for Asian facility to help economic reforms
      488 5  -  Arrangement necessary to bring back confidence, stop spread of crisis From, Peter Seidlitz in Hongkong HONG KONG Monetary Authority (HKMA) chief executive Joseph Yam has called for the creation of an Asian "facility" to "assist individual economies in making structural
      FILE PHOTO  -  488 words
    • Article
      Lock icon We'll be flexible with Thailand, says IMF chief
      485 5 Bangkok has not asked for extra funds, says Camdessus Reuters [BANGKOK] The International Monetary Fund (IMF) hinted yesterday it would be flexible with some targets in its US$l7.2 billion (5527.2 billion) bailout package for crisis-hit Thailand, and said the government had not
      Reuters  -  485 words
    • Article
      Lock icon No M'sian banks in trouble: central banker
      192 5 Bernama [KUALA LUMPUR] No banks in Malaysia are facing financial problems now, a Bank Negara official said yesterday. The central bank's assistant governor, Abdul Murad Khalid, said the country's banking system was strong despite the regional turmoil. In fact, "our banking system is
      Bernama  -  192 words
    • Article, Illustration
      BG Lee on the regions,Japan and Singapore
      1331 5 Deputy Prime Minister Lee Hsien Loong spoke to Singapore reporters in Osaka yesterday on a range of subjects. We reproduce below his comments. aril HIS is what you might I 1 call a farming job I regular cultivation of I relationships and EcoJL.
      1,331 words
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  • REGION
    • Article
      Chuan unveils dream team of technocrats and businessmen
      597 6  -  BANGKOK But news of line-np is discounted by the bourse and index rises just 1% By] Harish Mehta THAILAND'S new Prime Minister Chuan Leekpai unveiled his "dream team" cabinet loaded with economists, bankers, and scions of business dynasties who now face a
      597 words
    • Article
      Lock icon US govt cautions sponsor over Dr M resolution
      462 6 WASHINGTON Language could be counter-productive, US lawmaker told Bernama THE US State Department has advised one of the congressmen co-sponsoring a draft resolution against Malaysian Prime Minister Mahathir Mohamad that the language used in the proposal was "counterproductive and could trigger a
      Bernama  -  462 words
    • Article
      Lock icon Tourists arrivals in Indonesia fall 26%
      305 6 JAKARTA Reuters THE number of foreign tourists visiting Indonesia has dropped by about 26 per cent this year because of smog from rampant forest and bush fires, the official Antara news agency reported yesterday. "The fall in the number of tourist has happened in
      Reuters  -  305 words
    • Article, Illustration
      Lock icon Buy local products to help economy, Malaysians urged
      288 6 KUALA LUMPUR Reuters PRIME Minister Mahathir Mohamad urged Malaysians yesterday to buy more local products instead of imports to overcome the fall in the value of the country's currency. To keep inflation under control, Malaysians must also boost productivity and not only
      Reuters; REUTERS  -  288 words
    • Article, Illustration
      Lock icon Mandela to appeal for Gusmao's release
      264 6 CAPETOWN AFP PRESIDENT Nelson Mandela will renew his appeal for the release of jailed East Timorese activist Xanana Gusmao when he holds talks here next week with Indonesian President Suharto. officials said on Thursday. "I'm hoping that there will be major breakthrough," Foreign Minister
      AFP  -  264 words
    • Article
      Lock icon Strike at Gudang Garam ends
      208 6 JAKARTA AFP A STRIKE at the main factory of Indonesia's largest cigarette maker ended yesterday and operations at its plant in Kediri, a province in eastern Java,have returned to normal, company officials and police said. "It's all over and the factory's operations are back to
      AFP  -  208 words
  • Page 6 Advertisements
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      59 6 DOOHESBUBY By Garry Trudeau "ANP ACCCRPfNO TO A I "THE USE OFUNPERAG& HRg: *TD PROTEST I n NEW REPORT. THER3 I LABOR, fiORCEPOVERT/ME, THESE CONPTTJONS, I WSHE PROBABLY jH ARE STILL NUMEROUS I WE URGE ALL NIKE- I \USJ?JET ouy/JM LABOR VIOLATIONS IN f &ONSORZP ATHLETES TO NIKE'S FACTORIES IN
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  • REGION/WORLD
    • Article
      Lock icon Chinese trade surplus triples in first 10 months
      542 7 SHANGHAI Bnt rosy picture may fade with foreign trade, domestic economy losing steam: economists Reuters CHINA posted a solid trade surplus for the first 10 months of this year, boosted by strong exports, but economists said yesterday they believed the rosy picture
      Reuters  -  542 words
    • Article
      Lock icon China postpones economic seminar with Taiwan
      228 7 BEIJING Reuters CHINA said yesterday it had postponed a seminar on boosting economic and trade ties with rival Taiwan, accusing the Nationalist-ruled island of "politicising" the meeting. Beijing's decision appeared to dash further Taipei's hopes of an early resumption of high-level talks that China
      Reuters  -  228 words
    • Article
      Lock icon US suspends penalties on Japanese ships
      247 7 WASHINGTON Reuters THE US Federal Maritime Commission said on Thursday that it has stopped assessing fines against Japanese ships, citing "significant" progress by government negotiators to reform port practices in Japan. The independent, fourmember commission said it suspended the penalties on Japanese carriers and
      Reuters  -  247 words
    • Article, Illustration
      Lock icon A piss of art?
      62 7 [HONGKONGI A Chinese woman viewing the controversial "Piss Discus", by Honduranborn Andres Serrano, at a Hongkong modem art gallery yesterday. New York-based Serrano puts blood, serum and body fluids in jars and then photographs it with various images, such as his "Piss Christ", which caused the
      AFP  -  62 words
    • Article
      Lock icon India to lift ban on list of consumer imports
      409 7 NEW DELHI It announces bilateral trade deals with EU, Australia FT INDIA has committed itself to lifting its decades-old import ban on 2,700 types of consumer goods by announcing bilateral trade deals with the European Union and with Australia. The deals
      FT  -  409 words
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      Page 7 Advertisements Column 1
      199 7 1 I 1 r 11 1 K r*T fit i H if j b H 1 ak I B \j j ITU J U_J I TiTuT of*'' t r«-" 1 N ovv Vl B BEYOND THESE DOORS LIE B I B I B ENLIGHTENMENT, ADVENTURE, AND B I INTELLECTUAL I
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  • THE WORLD
    • Article, Illustration
      Lock icon US producer prices up 0.1% in Oct core rate flat
      371 8 WASHINGTON Outlook for inflation good as inventories rise, although PPI np for 3rd month in row Bloomberg PRICES paid to US factories, farmers and other producers rose 0.1 per cent in October, the third consecutive monthly gain, though a key
      Bloomberg; FILE PHOTO  -  371 words
    • Article
      Lock icon Rate for euro to be at lower end of EU rates
      233 8 FRANKFURT Reuters BUNDESBANK president Hans Tietmeyer said central bank chiefs want European interest rates to converge at the lower end of the rate spectrum prevailing when members of the planned monetary union (EMU) are chosen. In a news briefing
      Reuters  -  233 words
    • Article
      Lock icon Selling wave drags gold prices to 12 ½ -year low
      341 8 Selling wave drags gold prices to 12 -year low LONDON Sales triggered by talk of central banks disposing of gold AFP GOLD prices plunged yesterday to a fresh 12-and-a-half-year low, after a wave of selling was unleashed by rumours of bullion disposals by central banks, dealers said. By early afternoon,
      AFP  -  341 words
    • Article
      Lock icon Americans fleeing Pakistan
      136 8 KARACHI AFP MORE than 100 American tourists, businessmen and their fami- lies have left Pakistan since the murder of four US oil executives on Wednesday, immigration officials said yesterday. US dipto l mats in Pakistan have warned that the security situation in Ka u rachi had "deteriorated
      AFP  -  136 words
    • Article
      Euro to kick off with 11 members: ABN-Amro
      311 8  -  SINGAPORE By\ Larry Wee THE euro, Western Europe's single currency, will kick off as scheduled on Jan 1, 1999, with 11 founder members led by France and Germany qualifying in May 1996. But Tony Norfleld, ABNAmro's head of treasury research, expects the
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      Page 8 Advertisements Column 1
      70 8 IMK& I Hf- J| Sv*. 4fl B3 HV <^| LUa Malayan Motors AuocMr. Ift7 AUTOS LTD Dealer PREMIER MOTOR COMPANY SENDIRIAN BERHAO 45 Leng Kee Road, Singapore *****3 Telephone: 473 7755 3BC )l Sukarjo Wiryopranoto, Jakarta ***** Indonesia Cadong Light Industrial Complex N0.4 Beribi. Bandar Seri Begawan 3103, Opening Hours:
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  • COMPANIES & MARKETS
    • Article, Illustration
      SingTel strong vis-a-vis regional telecoms fims
      508 9  -  Analyst cites group's zero foreign debt position, 8-9% growth nntil 2000 By' Teh Hooi Ling [SINGAPORE] Singapore Telecommunications has emerged as the defensive telecom stock in the midst of currency upheavals and overissuance of telecom licences in the regional markets. Craig Racine, Peregrine's director
      508 words
    • Article
      Bt Sembawang bags freehold land for $31m
      249 9 Site had been expected to rake in over $50m [SINGAPORE] Bukit Sembawang Estates has clinched a huge residential site at Seletar Close for $31 million or just under $200 per sq ft. The site, one of the largest freehold plots to be put
      249 words
    • Article
      Lock icon Marco Polo shares up on investor confidence
      224 9 Bloomberg [SINGAPORE] Marco Polo Developments shares rose as much as 9.7 per cent yesterday on the view that the hotel operator and real estate developer, is well positioned to handle the property market slowdown. The shares rose as much as 23 cents to
      Bloomberg  -  224 words
    • Article
      Faith in Marco Polo's strong position may be misplaced
      705 9  -  HOCK LOCK SIEW Lee Han Shih THE price of Marco Polo Development's shares shot up almost 10 per cent to $2.48 yesterday, an unusual development in a market that generally stays away from property counters. Many buyers were encouraged by what
      705 words
    • Article
      Aussie watchdog may forgive breach over CFA
      239 9  -  By Louis Beckerling [SINGAPORE] Australia's corporate watchdog is likely to forgive the long-distance breach of its Corporations Law triggered by the takeover in Singapore of ice-cream parlour operator ABR Holdings. A final ruling on the matter by the watchdog the Australian Securities Commission
      239 words
    • Article
      Expected takeover offer for HWGI falls through
      355 9 Shareholder rejects 26% block of option shares [SINGAPORE] Instead of a general takeover offer from one of its shareholders, a legal battle may be brewing among Ho Wah Genting International's (HWGI) major shareholders. Ramdas Nair, who owns 15 per cent of the Sesdaq-listed
      355 words
    • Article
      Liang Court eyeing Sydney CBD fringe
      343 9  -  From Surinder Singh in Sydney LIANG Court Holdings is not unduly worried about the impact the regional currency turmoil will have on its operations in Australia and Asia. In fact the company is still actively looking for emerging suburbs in the Sydney CBD fringe
      343 words
    • Article
      Lock icon Keppel Philippines Q3 profit down 22%
      155 9 Bloomberg [MANILA] Keppel Philippines Holdings Corp said its thirdquarter profit fell 22 per cent as income from its two shipyards slumped. Keppel Philippines said its net income dropped to 16.6 million pesos (*****,000) in the three months ended Sept 30, compared with 21.3 million
      Bloomberg  -  155 words
    • COMPANIES
      • Article
        Lock icon KLSE Second Board seen lower still over 3-6 months
        567 10 Electronics, agricultural stocks are best bet, but overall picture grim AFX-Asia [KUALA LUMPUR] The Kuala Lumpur Stock Exchange's Second Board, once so active, is expected to go lower over the next three to six months with little respite in sight from
        AFX-Asia  -  567 words
      • Article
        Econ to issue shares to finance part of US$67m Centralindo buy
        330 10  -  It will issue 325 m ordinary shares at $1,078 apiece Ry Ven Sreenivasan [SINGAPORE] Construction and property group Econ International will finance part of its purchase of a controlling stake in Indonesia's telecoms and media group PT Centralindo Panca
        330 words
      • Article
        Elec & Eltek in China PCB venture
        143 10 Elec Eltek in China PCB venture [SINGAPORE] Mainboardlisted Elec Eltek International yesterday said it would invest US$25 million (5539.6 million) through a joint venture with a Chinese party to make printed circuit-boards in Kaiping, China. The joint venture company Kaiping Elec Eltek No 2 Company wiU have a regis- tered
        143 words
      • Article
        Lock icon HK crash hits issuers, buyers of covered wrts
        476 10 Reuters [HONGKONG] Hongkong's stock market crash has left a flood of covered warrants, issued during the market's heady boom, virtually worthless, leaving both issuers and investors burnt, analysts said. A total of 585 warrants 185 equities warrants and 400 derivatives or covered
        Reuters  -  476 words
      • Article
        Lock icon Mazda profit jumps on strong sales
        148 10 Reuters [TOKYO] Mazda Motor Corp said its parent profits jumped sharply in the first half, helped by cost-cutting, a weak yen and stronger sales. A Mazda executive said "a combination of several factors" helped the company back into the black on an operating basis
        Reuters  -  148 words
      • Article
        Forex losses drag Salim unit's Q3 profit down 36%
        363 10  -  But over 9 months, Manila-based MOTs earnings are op 19% From Al Labita in Manila FOREIGN exchange losses from US dollar-pegged loans dragged down the profit of a listed flagship of Indonesia's Salim Group in the third quarter. In a report
        363 words
      • Article
        Lock icon CMB expects to return to profit this year
        218 10 Reuters [SINGAPORE] CarnaudMetalbox Asia Ltd (CMB) said yesterday it expects to return to profitability for the current year ending in Dec 31. The packaging company, a unit of US-based Crown Cork Seal Co Inc. had earlier forecast an operating loss for the
        Reuters  -  218 words
      • Article
        Lock icon Salim Group invited to be equal partner in Bank Danamon
        302 10 Reuters (JAKARTA! Indonesia's second largest private bank, PT Bank Danamon, beset by acquisition rumours, said yesterday it had invited the powerful Salim Group to be an equal partner in the bank. Bank Danamon, the Salim Group and Credit Suisse CS
        Reuters  -  302 words
      • Article, Illustration
        Lock icon Cathay Pacific cuts fares on routes to HK, freezing hiring
        404 10 Bloomberg [HONGKONG] Cathay Pacific Airways Ltd said it will slash prices for tourists from every city it serves worldwide, and stop hiring new staff as it battles a slump in visitors to Hongkong. Visitor arrivals in Hongkong fell 6.7 per
        Bloomberg; FILE PHOTO  -  404 words
      • Article
        Taiping bonds downgraded by Malaysia's rating agency
        454 10  -  By. Meera Tharmaratnam in Kuala Lumpur MALAYSIA'S rating agency yesterday downgraded property developer Taiping Consolidated Bhd's (TCB) bonds from A3 to 8883, citing tougher future business conditions and tightened credit availability to the property sector. Rating Agency Malaysia (RAM) voiced concern over TCB's
        454 words
      • COMPANY Briefs
        • Article
          STA ups vehicle inspection fees
          103 10 [SINGAPORE] ST Automotive Inspection, a subsidiary of Singapore Technologies Automotive, will fncroww inspection foes for ail classes of vehicles from Dec L The new inspection fees will vary for different vehicle categories. For first inspection, the fees for cars and taxis r 5 wiU go
          103 words
        • Article
          More SRI fund cancelations
          28 10 [SINGAPORE] The Singapore Regional Index Fund hat cancelled anotherso,ooounits on Nov IS. The total units in issue as at Nov 13 was 247.51 million.
          28 words
        • Article
          Goldtron on year-end changes
          85 10 [SINOAPORE] Goldtron, which earlier announced that it is changing its financial year-end from Dec 81 to March 31, said the change would enable it to better manags some practical difficulties associated wife finalising the year-end group accounts during the December-february period which coincides with major festivals.
          85 words
        • Article
          Lock icon Westmount buys into u ganda bank
          104 10 AFX-Asia [KUALA LUMPUR] Westmont Land (Asia) plana to acquire a 49 per cent stake in Uganda Commercial Bank Ltd for US$ll million (5517.4 million), Bernama reported. The company has also been given an option to purchase an additional 2 per cent of the issued
          AFX-Asia  -  104 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Morgan Stanley to replace Peregrine in China IPO
        390 11 It is sail to have impressed Beijing mamh the other lead US bank FT [HONGKONG] Goldman Sachs and Morgan Stanley, the US investment banks, are set to lead a forthcoming China equity issue after Peregrine, the pan-Asian merchant banking group, was removed
        FT  -  390 words
      • Article
        Lock icon Milken probed for obstruction of justice
        291 11 Bloomberg [NEW YORK] Prosecutors are investigating whether Michael Milken obstructed justice during a federal probe of his recent business dealings. The investigation was disclosed in a letter the former financier's probation officer sent to US District Judge Kimba Wood in New York, who presided
        Bloomberg  -  291 words
      • Article, Illustration
        Lock icon US dollar trapped in range
        366 11 USS/marks The US$/mark started the week on a bearish note, falling to a low of 1.6942 by Tuesday. Then it made a turnaround during the following two days to touch 1.7290 and was hovering around 1.7250 yesterday morning. The longer term technical picture remains bearish
        Source: DBS Bank  -  366 words
      • Article
        Lock icon Citicorp exposure to emerging markets limited
        258 11 No territory made for over 2% of revenue or assets, it says Reuters [NEW YORK] Citicorp's 10-Q filing for the third quarter of 1997 contained some additional detail on its activities in the emerging markets but no startling disclosures. It said no single country
        Reuters  -  258 words
      • Article
        Lock icon Washington Mutual to shut 85 branches
        273 11 Bloomberg [SEATTLE] Washington Mutual said it will close 85 California branches to get rid of overlapping operations after acquiring Great Western Financial and Keystone Holdings in the last year. The nation's largest thrift said most of the closures will take place in the second
        Bloomberg  -  273 words
      • Article
        Lock icon Euroyen up on flat LDP package
        229 11 SXXEXReport Reuters (SINGAPORE) Simex Euroyen futures hit new contract highs in relatively thin trade yesterday on renewed pessimism about Japan's economy after the Liberal Democratic Party's (LDP) economic package fell short of expectations. "The stimulus package wasn't that stimulating. That's why the Nikkei came
        Reuters  -  229 words
      • Article
        Futures higher despite a weaker cash market
        145 11  -  MSCITAIW AM FUTURES Perry Gilbert Bert, vice-president, Refco Singapore Pte Ltd. [SINGAPORE] The Simex MSCI Taiwan Stock Index futures moved higher over the session yesterday against a weaker MSCI cash index. The November contract's discount to the cash Index narrowed to -4.0 points
        145 words
      • Article
        Lock icon Oil up on concern over Iraqi export
        257 11 ENERGY REPORT Reuters [LONDON) World oil prices edged higher yesterday as dealers worry that Iraq's "oU-for-food" export deal with the United Nations may at last be sucked into the current crisis over arms inspections. The chance of mUitary action against Baghdad after the
        Reuters  -  257 words
      • Article
        Lock icon CURRENCY REPORT
        270 11 Reuters, AFP THE US dollar pushed up through the 126-yen level at mid-day yesterday, buoyed by Swiss bank buying, but the greenback was more or less stable against the mark. At 1245 GMT, the dollar was up to 1.7323 marks against 1.7202 on Thursday. It rose to 126.44
        Reuters,; AFP  -  270 words
      • Article, Illustration
        Untitled
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        1,222 words
    • Article
      COMMODITY PRICES
      1610 12 8IC0M rPTPBBS Nov 74 RUWCI(Mw«f deslagHJtSJOtM) RSS1C0KTtACT(ScMti/M) We 0£■ MwMi Mfb Law Sett (tea—«) Irtfttt 05TW B0J5 S5 i2M0 "wo Jan 99 ***** W.75 130.25 950 0M Fefcft 132.75 132.75 03.00 50 W70 Mar 90 135.75 135.75 Q100 50 *20 Apr/Jim 9t «g®2 jyf/SfQ 98 M4.T5 3075 Hkt/BK
      1,610 words
    • Article
      WORLD STOCK MARKETS
      2124 12 LONDON Industrials m«m Nut* *h ]l Group 474.400 *15.400 AB Ports 282 3 A bbay National 929 6 AMad Domacq 522 21 Amac 135 400 Asda Group 163 4.600 BAT Ind 531 4 BG PIC 265.200 -1.800 BICC 155.400 unch BOC Group 942 -6 BR Pttrolaufn 836.400
      2,124 words
    • Article
      Lock icon TOKYO
      1647 12 AFP Q Nikkei 22S -***** SHARE prices closed 2.2 per cent lower yesterday on heavy selling in the financial sector, with the key market indicator closing narrowly above the psychologically important 15,000point level. Rumours that Yamaichi Securities is faced with financial problems unleashed fresh heavy selling of the brokerage
      AFP  -  1,647 words
    • GREENSPAM OM ASIA'S CRISIS
      • Article, Illustration
        Lock icon Tracing global interdependencies
        1459 13 The following is the text of Federal Reserve chairman Alan Greenspan's prepared testimony on financial instability in Asia before the House Banking committee on Thursday. RECENT developments in world finance have highlighted growing interactions among national financial markets. The underlying technology-based structure of the international financial system
        REUTER  -  1,459 words
    • Article, Illustration
      Lock icon HONGKONG
      1465 14 AFP Q Hang Seng ♦MU6 SHARE prices rose 2.4 per cent yesterday on selective bargain-hunting amid steadily softer interbank rates, following gains on Wall Street, dealers said. "Sentiment is still bad, although there are expectations that the prime rates will not be raised," said a dealer. "There is not
      AFP  -  1,465 words
    • Article, Illustration
      Lock icon CHINA
      653 14 Reuters. P Shenzhen B latex +Q. 74 THE Shenzhen B share market edged higher yesterday In thin trade, with sentiment boosted by gains in the Hongkong stock market. The B Index rose 0.74 point to 115.89 on turnover of HK$5.7 million. The A Index fell 2.32 points to 417.39
      Reuters.; Source: Credit Lyonnsis Securities(Asia) Ltd  -  653 words
    • Article
      Lock icon TAIPEI
      401 14 AFP QwPMn -TIM STOCKS finished lower yesterday as late profit-taking wiped out early gains, brokers said. "The market opened high, but some investors moved to lock in profit and dragged the index down," said a trader. The TSE Weighted Price Index slid 72.02 points to 7,482.92. Turnover was 1.54
      AFP  -  401 words
    • Article, Illustration
      Lock icon JAKARTA
      697 14 AFP QflMnpnataloJei jj SHARE prices fell yesterday on rumours about large banks which sparked profit taking in late trade. "The trade was largely focusing on Bank Danamon on the likelihood that it is to sell a major stake to a strategic partner," said a dealer. The JSE Composite Index
      AFP  -  697 words
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      Lock icon BANGKOK
      798 14 AFP QSETWd *3JI SHARES closed up 0.7 per cent yesterday as Premier Chuan Leekpai assured the visiting chief of the International Monetary Fund that the new government would stick by terms of a tough rescue package. An analyst said trading activity was mixed and thin volumes indicated that investors
      AFP  -  798 words
    • Article
      Lock icon MANILA
      278 14 AFP PMufrt +4L4Q SHARE prices closed 2.3 per cent higher yesterday on selective buying of blue chips. "What most investors are doing now is stock picking, looking for the fundamentally good stocks which they can start buying," said a trader. The PSE Composite Index rose 41.40 points to close
      AFP  -  278 words
    • Article
      SEOUL
      406 14 flOnmiUMß +&S4 SHARE prices closed slightly higher yesterday in volatile trade as retail investors looked for bargains among second and third liners. The market opened lower on foreign investor selling in core blue chips but the course was later reversed on bargainhunting, dealers said. The Composite Index rose 0.54
      406 words
    • Article
      Lock icon SYDNEY
      596 14 AFP □AnOrteuriai -24J SHARES fell one per cent yesterday as a slump in the Japanese stock market combined with uncertainty ahead of new US inflation data to spook the local bourse. The All Ordinaries Index fell 24.9 points to 2,479.1. Turnover was 302 million shares worth ASI.I billion. Resources
      AFP  -  596 words
    • Article
      Lock icon WELLINGTON
      245 14 Reuters yiVeDnueton +2U4 SHARE prices took heart from a resurgent Wall Street overnight and a strong second quarter result from Telecom to end 1.23 per cent stronger yesterday. The NZSE-40 Capital Index ended 29.24 points higher at 2,3%.% on turnover worth NZ$6l million. Reuters ■»»m us rati AN2B*n*.ng tlJO
      Reuters  -  245 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8854 15 MMtSTMAU CoMMMf priiictt 1997 Last Vol Day Nat Cap mm L— CawpaT «al> 'OOP MMl U» W 790 290 Ajinomoto 310 -26 5 320 290 17.2 125.6 448 202 Angkasa 202 -4 27 204 202 6.0 297.9 905 370 Apollo Food Hlg 450 -2 156 450 420 13.1 180.0 765
        8,854 words
      • Article, Illustration
        Lock icon Shares slightly lower in volatile trade
        556 15 AFX-Asia Q Composite Index -Oil SHARE prices closed marginally lower in volatile trade yesterday as heavy forced selling on the second board dragged the broad market down, dealers said. The KLSE Composite Index closed down 0.11 point at 677.47. The Emas Index closed down
        AFX-Asia  -  556 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3720 16 BONM, LOAMS ft VAftftAMTS m ,997 Last V«l Day Latt OuaU H*i Low Stno Company $a»a «f rOOO> I— Buyf Bo8or Prtco 68 20.5 m 3000 m AMOB cS.5%*****6 22Scl *0.5 23 22.5 22.5 22.5 81 15 3160 -Ac*f ******1 USS 20 -0.5 65 21.5 19 19.5 20 131 23
        3,720 words
      • Article
        Labroy wrt is a medium-term punt
        230 16  -  WARRANT WATCH IMC 11 fh, Ven Sreenivasan WARRANTS can be a risky business during a bear market. Nevertheless, there are people who cannot resist going for a warrant that seems to be in the limelight, whatever the market conditions. If you are one of
        230 words
    • Article
      CLOB INTERNATIONAL
      2301 16 MAUYSiAN STOCKS Or Or (997 Last Vol Day Lm« Ouot. Mi Ml fM NH »Ci» Ut »tna Company S— COOOI HlgH L— S«fcf Cw W tmi 478 120 mi 5000 AISB50C 133 Cd uneh 59 138 132 131 135 5.0 13 0.9 493 1344 137 35 mi 5001
      2,301 words
    • Article
      STOCK EXCHANGE OF SINGAPORE
      657 17 sss" rs "iss ss tas ssg es~ 25 gjS *Kjj SiS sss SL 4® J -as ■>■*—fi—m ltol|l>H»»Kl ICSMO M»4 mm nlnMint <*» M—«t»» Mrtang ratm. HAM CMW TOTAL a 5L-J52 a S-JS2 g—A-Js Mum 74 7134 O JO 4 «7 101 M S 5 *7^2
      657 words
    • Article
      MAIN BOARD
      4776 17 Of Cr M Wt iHt Vol On LMt Ou*t# D*v Mv YM IM Cap Avf t,. StNo Company Sa<« COOP) H>gh 1— Buyf S*lar C»f Ptl SmM Wc« > t* v-iw- .-...iP.ifr >-^ 157 40 *>20 ACE Dvnafnics60c 50.5 unch 33 573 50 50.5 53 I I I
      4,776 words
    • Article
      SESDAQ
      1007 17 Of «r M Wt tMT Last V*I Day LactOwtd M Ok TH IM C49 A«f MH* L— MM C»ii*»T UK COOP) UNA Urn Onyar Ww Cw M M Wg 108 T8 2000 AMHMwSc 133 *1 42 133 132 132 133 XON XO 0.1 19X0 HI 132 446 144 204*
      1,007 words
    • Article, Illustration
      HOT STOCK
      56 18  -  -by Shiv Taneja HOTEL PROPERTIES ckmd four cents tower at $1.10 on a volume of 13 million shares yestmday, compared with its lOday traded average of 1-6 million units. Yesterday's close was a two-and<*half year low. and based on the weekly RSI and Stochastics charts, long-term investors should
      56 words
    • Article, Illustration
      Lock icon Gains in Dow Jones and Hang Seng lift sentiment
      622 18  -  STOCK MARKET COMMENTARY However, dealers say that though the underlying market tone appears tt be firming, players are still edgy By Ven Sreenivasan [SINGAPORE] Gains on Wall Street overnight and a rebound in the Hongkong bourse lifted sentiment somewhat yesterday, enabling
      Chart info from Bridge  -  622 words
    • Article
      Untitled
      205 18 Stocks VnB— SingTel 15c 11.081.000 HKLandUSIOc 6,234,000 •RHBCapVt99 5,473,000 •Metroplex 50c 4,588,000 DBS land <583.000 M0ILUS5C 4.477,000 •AslwPK Hldgs 4.315.000 JIT Hldgs 10c 4.064.000 •Rekapacffic Bh 3.976.000 MrrfUS5c 3.770.000 Stocks SingTe415c 30.097,108 08S Foreign 16,252.834 Creative T 25c 16.190.650 SfH Foreign 14.704,089 HKLandUSIOc 13.220.070 DBS land 12.791.870 City Dev 50c
      205 words
    • ON THE GRAPEVINE
      • Article
        The madness of golf
        157 18 FORMER president Wee Kim Wee has a particular flair for telling stories and jokes, a skill he had honed when he was a journalist. At the opening of his friend Gob Cheng Liang's Gulf Harbour Golf Club in Auckland yesterday, Mr Wee told this story of
        157 words
      • Article
        Movements at ING Barings
        139 18 WE ARE not sure how many people at Raffles Place already know this, but last month, there was a series of personnel moves and assignments at broker ING Baring. For one, Eugene Marais has relinquished his role as co-head of ING Barings' equities division for Asia
        139 words
      • Article
        An interesting comparison
        77 18 INVESTING in global technology appears to have caught the fancy of local investors. Two global technology fUnds, one from UOB Asset Management and the other from Henderson Investors, have together raised just under SBO million —about 158 million by UOBAM and £21 million by Henderson. With both
        77 words
      • Article
        Gloom and doom
        110 18 UK RESEARCH outfit Independent Strategy is making no bones about how it feels about global equities at this time—very negatively. In its latest report titled Contagion, the firm says the crash in Asia will hit financial markets globally, and in turn, the market meltdown will strangle 4
        110 words
      • Article
        Opportunity of the decade?
        154 18 A MARGINALLY less gloomy view of the region comes from American Express Bank in Its November issue of Gtoixi/Economics. It said that the decline in most Asian markets this year is striking. For the long-term investor, there are opportunities, the kind of which come along only
        154 words
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      Page 9 Advertisements Column 1
      67 9 It* they CHaaED a nucLEaR HEaronw y aRDUnD THE UDRLD.j FOLLOWED THEH HOME. CI aaME V Kin MA W0 4 v J* ""PEACEMAKER MMilTM^riilMyßflUW"WW WII 'a /do/ shmiwnJSSßWiiiawiJM«wtiis 1 83 UlCHtllSfllllO WHIEMkMNUIKWHHKiS SHWO«S!I-?~?IWttlSEIttl""WWI www nip sq com NOW IMPLODING IN THEATRES Get your Pe.icom.ikor popcorn set at Golden Villaqe cinemas
      67 words
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      257 13 —En|oy your weekends I with The Business Times. I Subscribe now and be a proud owner of a Motorola GSM I StaiTAC" 90 ceflubr phone! I The weekend edWon of The Business Times features lifestyle topics I like ait travel and special cuisine in add Won to Ms thought I
      257 words
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      Page 13 Advertisements Column 2
      104 13 *moi. BVLGAR 1 4 CONTEMPORARY ITALIAN JEWELLERS J* tt—K»«* *v ■jlfl JOB bm 1 1 J -Hi ft wu -5 >%nD •*oJ %3fc iw > li v LW«'t-; o v/_( R v;. Z- A R I /L. G R J BVLGAR 1 BVUOA.I Scubm watch and Scuba watch with chrono
      104 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      83 14 /Hello, C.A.T.SJBk f Wow! 1 I I'd like to place an I A buyer l I love this car V advertisement to J I the very I that I found sell my car next day- 1 through I v —5 V The Straits Times 7 BMP mm Vroom classified V
      83 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      98 16 awoww INTRODUCING THE MOVADO VIZIO: I A POST-MODERN PERSPECTIVE ON TIME. ™L. TW: *****08 A Bharath Watch alB The Movado Vizio™. TW: *****29 f a Mm. f x Solid stainless steel or steel/18K gold. COUrt I%# 1 1 M I M M Scratch-proof hard metal bezel. *****96 M V yf
      98 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      2576 18 BUSINESS Xolices lo iiclviTtisi'c;ill toll-l'riT INOO-741 INN 3 IN THE MATTER OF THE COMPANIES ACT, CAP. 90 ANO IN THE MATTER OF BRIGHTON INFORMATION SYSTEMS (SINGAPORE) PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308(1) of the Companies Act, Cap. 50
      2,576 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Expat accounts
      1506 19  -  Singapore wants more foreigners in its workforce, an invitation that many are willing to take up. Who are these new expatriates, what jobs are they being hired for, and what problems do they encounter at work? TIM so thm listens to some of their experiences TAN SU YEN
      PHOTOS BY ARTHUR LEE  -  1,506 words
    • STRAWS In The Wind
      • Article
        Babe barometer
        58 19 IN THE MIDST of the regional turmoil, when it's hard to tell where currencies or stock prices are headed from one day to the next, one investor has this strategy for picking a unit trust: "Just tell me which one has the best babes and I'll put some
        58 words
      • Article
        This is for real
        31 19 IN THESE DAYS of branded rip-offs and fakes, one poster advertising a sale of Gucci and Versace goods added this extra assurance: They're all genuine parallel imports.
        31 words
      • Article
        Never say die
        148 19 HALKEY-ROBERTS, a US maker of life jackets, found out that one batch had defects in the bobbins, ie, the part that automatically inflates and keeps you afloat should you find yourself stranded at sea. Of course, the press release was couched in the most reassuring tones. "Life
        148 words
    • ENTERTAINMENT
      • Article
        A fortnight of French favourites
        965 20  -  CINEMA Visit the lab where the Curies worked, listen in on the quarrels between a fiery gypsy and her soldier-lover, and travel down the Amazon with Jean Reno. They're all part of this year's programme By Susan Tsang THIS year's French Film Festival brings us
        965 words
      • Article, Illustration
        Resolutely going nowhere
        656 21  -  CINEMA By I Susan Tsang The Peacemaker trades true wit for topical references and memorable ideas for action cliches. Try again, Dream Works The PEACEMAKER is a workman-like action thriller that has stolen nuclear missiles, car chases, a lorry and helicopter chase, and a couple of good-looking
        656 words
      • Article, Illustration
        WHAT'S ON
        366 21  -  Compiled by M Yasotha MUSIC SSO Subscription Series: Savonlinna Opera Gala Principal guest conductor Okko Kamu leads the Singapore Symphony Orchestra in a special presentation of vocal works under the auspices of the Savonlinna Opera Festival from Finland. Soloists for the evening are Rikka Hakola (soprano), Hannu Ilmolahti
        366 words
    • VIEWPOINT
      • Article, Illustration
        Lock icon Smile—the end is near
        1992 22  - Smile —the end is near Pessimism is passe and fin-de-siecle foreboding is out, declares ■!<»<! nm THOMPSOif-MOEL as he reflects on the pre-millennial mindset MICHAHL THOMPSON-NOEL FT Have you noticed how nicely things are ticking along? Only an idiot would maintain s that Everything was coming up roses for the
        FT  -  1,992 words
      • Article
        Banking on the new cheap chic
        707 22  -  I COMMENTARY In world where almost everybody wants to wear Gucci, one feels a sneaking admiration for the few who insist on Gap By< Jaime Ee THE OWNER of a new jewellery store in town specialising in pearls related, with some amusement, a story
        707 words
      • Article
        Lock icon Heaven knows it's good for business
        358 22  -  BOOKS By. Doreen Carvajal NYT THE HOTLINE to heaven is open for sales. When Neale Donald Walsch placed his emergency 911 appeal for spiritual comfort, he writes, God seized control of his pen, dictating two bestselling books of conversations that reveal a laissez-faire moral
        NYT  -  358 words
    • PURSUITS
      • Article, Illustration
        Objects of desire
        841 23  -  Love in all its various manifestations is up for grabs at Antiquorum's Geneva (auction. It's an eye-opening display, as BBMwanmmfinds out when he looks under the m covers BEN MUNROE PASSIONS may be runing a little higher than usual at an Antiquorum auction tomorrow in Geneva as
        841 words
      • Article, Illustration
        Rooting out the desk potatoes
        236 23  -  ERGONOMICS By' Tan Su Yen THE OFFICE potato's days are numbered. Research by office furniture specialists, Haworth Inc, reveals that too much comfort in the office doesn't help productivity. Another gem uncovered by Haworth's research is that sitting at a workstation need not mean being
        236 words
      • Article, Illustration
        Tahiti's pearls of great price
        503 23  -  m JEWELLERY If yon thought all pearls were white, take a look at what's coming oat of black lip oysters from the Sooth Seas By, Jaime Ee IF THE diamond is a girl's best friend, pearls could well become her new bosom buddies. While they
        503 words
    • EPICURE
      • Article, Illustration
        Lock icon Vietnamese treats at just the right prices
        780 24  -  It's a bit of a squeeze eating at A Jolly Good Place, but then again, if s not hard to understand why this lively bistro attracts a healthy lunch crowd, says takspthii TAN SU YEN TIRED of lunching at Boat Quay? No budget
        PHOTOS BY CHRIS LOH  -  780 words
      • Article
        Burgundy looks forward to another golden year
        842 24  -  WINE CONNOISSEUR With IM7 shaping op ft* be good vintage, the tinted in the Demaines ii« definitely npbeat N K Yong .VISITING Burgundy at the end of QctOber to look at the 1996 vintage »(reputedly a great one) and to get a preliminary
        842 words
      • Article, Illustration
        Lock icon Packing 'em in at Borders
        695 24  -  RESTAURANT It's new, it's noisy, and yon must be prepared to wait for a table. Borders Bistro, at least until the crowds disperse, is definitely not for the faint of heart By, Jaime Ee EATING at Borders Bistro is like browsing for books at the
        ERIC CHU  -  695 words
    • Article, Illustration
      CINEMA
      777 25 The Assignment. Fictionalised account of how Carlos the terrorist, aka the Jackal, was brought to grief. Donald Sutherland (CIA) and Ben Kingsley (Mossad) train Aidan Quinn for the job. R(A). Lido, Oriental, Beach Road, Golden, GV Marina, Yangtze, Riverside, Cathay. Contact. When the government builds a spaceship, astronomer Jodie
      777 words
    • Article
      ENQUIRIES AND BOOKINGS
      113 25 OathayOrg Cathay 338-3400 Easts hore 346-1816 Plcturehouse 338-3400 Yangtze 223-7529 a«vik Empress 777-6867 Jubilee 464-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 686-1782 Bedok Bishan 363-8886 Boon Lay 792-2788 Broadway 464-9394 Majestic 633-9032 Marina 337-9488 Pavilion 786-6788 Tampir.eB 8 786-5788 Tiong Bahru 274-6588 Yishun 257-7848 Clementi/ C "wealth 777-0669
      113 words
    • TRAVEL
      • Article, Illustration
        Lock icon Coasting along in California
        1413 26  -  Get out the hard-driving rock tapes, crank down the car window and step on the gas as mark guides you along America's famous Pacific Coast Highway MARK GRAHAM IT STARTS south of the movie capital city of Los Angeles and winds its way north for some
        PHOTOS BY MARK GRAHAM FOR BT  -  1,413 words
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      182 20 I t I H l r J 1 j ISj rrHr i~ news to 1.2 million readers! 1 r♦• of significant growth for the group. MBBT CompilElistings significant milestones and tyis to the f [w->- > Sp I rrii 11 i o k&i fr *®o&Wi' 39-I-.4 rnilliori or 30.6% ovsr
      182 words
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  • Page 21 Advertisements
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      756 21 Where to wine, dine and entertain...Air Travel Insurance. 4545 Wkat better way to celekrate a great week tkan Sunday Brunck at Tke Cafe-in-Tke-ftrk? Enjoy tke finest kru nek and service at only $28* per adult (only $14* (or tke kids). Tken toast your good fortune witk 1 Gold Sekt Ckampagne,
      756 words
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      Page 21 Advertisements Column 2
      134 21 IJL IB J mafcra i o< Itaelf. m Ike wMen y/ seafood appetiser buffet unfoida before Revolving Restaurant. Peaat on exciting aeafood creatlona prepared wMi only die fuaheai aeafood and bountiful vegetables. Jota ua for the peak of good imc today. Lunch: Noon to 2.30pm Prtcc: 534.50 per person Add
      134 words
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  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      1941 25 TODAY'S TV mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmammmmmmmmmmmmmmm H X3O Mutant League I 11. Making waves beautiful vintage Highlights i99r j uo NteantfcamCotay I3n the '40s fiS- HAppy Belly, BJopm,Chß SSfSS Radio D«y>, 12.31U»m, Ch 5 A smooth-talking nament). L i Biikan Woody Allen narrates a businessman fills Torn IsilL!f J k 930 Tamil Movie:
      1,941 words
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