The Business Times, 7 February 1998

Microfilm: NL21082
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    15 1 THE BUSINESS TIMES MITA (P) 110/12/97 rm SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, FEBRUARY 7-8, 1998
    15 words
  • Article
    MARKET SUMMARY
    65 1 STII IS3UI (+44.76) BT-SRI §mm (+25.19) PI BTOOMP U *****4 (+42.60) mm BTMGA U 844JS (+13.90) STOCK MAMET MPICES Friday Change KLSECOMP 728.19 »1SJP NIKKEI I7JH9.W HA.HGSEXG IM*JW *4171 SET INDEX __J»J8 *4J7 JAKARTA COUP *?I34 MANILA COMP _2JBS78 tlXi TAIPEI WH 8JM4.14 73g» SEDULOOMP 5494* «OM CLSA
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  • Article
    FINANCE
    78 1 EXCHANGE KITES LSI SS ISJ «A 1850 2.727 DM 8568 0521 YEN 100 0.801 IJB2 *1 0169 0428 HKS 0129 0114 BAHT 0.021 0034 Rl P1AH 100 0.011 0018 Interbank rata NUMERATES SINGAPORE* 785 KUALA LUMPUR. »J0 JAKARTA |K 00 BANGKOK 1325 MANILA 12.50 HONGKONG 950 TAIPEI. 900 SYDNEY
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  • Article, Illustration
    Lock icon Q4 home prices fall 4.2%, year's volume down 43%
    539 1  -  Sharpest price foils for terrace houses, apartments, USA figures show Hit Lee Han Shih [SINGAPORE] Private hous ing prices fell by 4.2 per cent in the final quarter of last year, the sixth consecutive quarter ly fall since their peak in
    Source: URA  -  539 words
  • Article, Illustration
    Lock icon Dr M suggests using Sing$ as common Asean currency
    210 1 Reuters [MANILA) Malaysian Prime Minister Mahathir Mohamad yesterday said Asean could consider using the Singapore dollar as the common trading currency among its members. "That is something that we could look into whether it is workable or not, or whether Singapore
    Reuters  -  210 words
  • Article
    PM Goh, Hashimoto agree to cooperate on Indon problems
    924 1  -  From Anthony Rowley in Tokyo JAPANESE prime minister Ryutaro Hashimoto and Sin gapore Prime Minister Goh Chok Tong conferred by tele phone yesterday and agreed to cooperate on solving Indonesia's acute financial problems. The new initiative by the two leaders, confirmed
    924 words
  • Article
    Boost for banks as Bank Negara cuts reserve ratio to 10%
    524 1  -  Move comes as Moody's downgrades KL's credit outlook hYttm Eddie Toh, Meera Tharmaratnam in Kuaht Lum/mr IN A surprise move, the Ma laysian central hank has cut the statutory reserve require merits lor hanks from 13.5 per cent to
    524 words
  • Article
    STII surges 3%, shaking oft news of property payment extensions
    309 1  -  Hy\ R Sivanithy (SINGAPORE) The local mar ket yesterday ended the week with a 3 per cent surge as investors ignored news that several property developers had sought and obtained deferments in payments for government land purchases and instead responded
    309 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      131 1 «BPE Thumbs op the sectod time aramd RSP Holdings, the parent company of RSP Architects, gets inprinciple approval to list after having been rejected by the SES two years ago, Pg7 Banking higgio Malaysian tycoon Rashid Hussain will use his listed holding company to acquire the Bank of Commerce, and
      131 words
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      Page 1 Advertisements Column 2
      17 1 Centre point, Allgreen get payment extensions, Pg 3 Chuan accept* local currencies idea: l)r M. I*g 4
      17 words
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      Page 1 Advertisements Column 3
      97 1 The Mauboussin '(irand Prix' watch. IHK white >>old with diamonds, mother of pearl and onyx. IVIAJJBOUSSIN si n(c t S 2 EXCLUSIVELY AVAILABLE AT: R( )Y kASIKRN \X AT(.H *01 -M6'BB *01 I Luikv Pla/a KM Orchard RoaJ Singapore 2 WH6V Tel: (65) 734 31 39 (65) 734 1935 DELUXE
      97 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        676 2 Those polled for their views on the Singapore stock market outlook for next week were: Alliance. Daiwa. Deutsche Morgan Grenfell, Fraser Securities, GK Goh. 1NG Barings. Kim Eng. Merrill Lynch, Phillip Securities. Indosuez WI Carr Securities. Batacraft ♦(Hold) Indosuez WI Carr, Feb 5. US$2.68 Growth momentum will
        676 words
      • Article, Illustration
        In My Opinion
        402 2  -  By Trevor Forbes Senior investment officer, Citibank Global Asset Managnmftnt London 4 1 UROPE offers one of H the most attractive and stable environments for stockmarket investment. This may appear a bold statement in a world full of uncertainty but the development of the European Union and
        402 words
    • Article, Illustration
      Lock icon The new face of retail broking
      652 2  -  Should commissions go flexible, a more sophisticated retail investing market could emerge Shiv Taneja [SINGAPORE] OF ALL the proposals made by the Sub-Committee on Hanking and Finance, none are likely to affect retail equity investors as directly as the one which could result in
      FILE PHOTO  -  652 words
    • Article
      Dragon Land IPO may receive cool response
      375 2  -  By, Ang Wan May (SINGAPORE) The Dragon Land share offer is unlikely to arouse much public interest because there are many other safer bargains to be picked up in the stock market now, say analysts. While the counter, at 12 US cents, may
      375 words
    • Article, Illustration
      Lock icon Red chips: adopt defensive strategy
      702 2  -  EYE ON THE REGION: HONGKONG SocGen picks the better trays amid the economic downturn From, Loh Hui Yin in Hongkong INVESTORS' love affair with mainland stocks listed in Hongkong are in for a dousing this year, going by a China strategy report just issued by
      FILE PHOTO  -  702 words
    • Article
      ACU DEPOSIT RATES Offered by various banks (as at Feb 5, 1998)
      775 2 ■apart tmmm* i »"> > imiK i J artft .tft aooo /mm 4)ioo t woo r«oo /V) 000 500 000 ***** 6 WOO 7 SfcOO 10.000 49 W) 4 /S00 4/500 4/500 hf 50.000 1 Abo* 4 J750
      775 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Centrepoint, Allgreen get URA payment extensions
      539 3  -  Centrepoint says extension allows it to avoid having to pay high interest rates By. Ang Wan May CENTREPOINT Properties sought an extension to pay for a government site it bought last year to avoid incurring high interest rates of 10-12 per cent, its chief
      539 words
    • Article
      Landed leasehold houses: KepLand to set benchmark?
      368 3  -  Its 3,000 sq ft terrace houses likely to go for $900,000 By Ang Wan May A 3,000 sq ft terrace house for $900,000 that's the sort of benchmark Keppel Land's new project. Villa Verdi in Chua Chu Kang. could be setting for the
      368 words
    • Article
      SingTel to spend $15m to improve network links
      328 3  -  By' Teh Hooi Ling FOLLOWING two major breakdowns last year, Singapore Telecom yesterday said it will spend more than $15 million to enhance its interconnect arrangements between telephone lines and the various mobile and paging operators' networks in Singapore. Since the opening
      328 words
    • Article
      Cardholders' unpaid debt up 16% to $1.04b?
      394 3  -  Clarissa Tan CREDIT card rollover balance or the amount of debt left unpaid by cardholders crossed the billion-dollar mark to $1.04 billion at the end of December, up almost 16 per cent from a year ago. The average rollover balance over the four
      394 words
    • Article
      Lock icon Tang Liang Hong declared bankrupt
      277 3 The Straits Times TIIK High Court yesterday de clared Workers' Party mem Imt Tang Mang Hong a bank rupt, when he failed to pay $7:J9,?f76 in damages and interest he owed after losing the defamation cases brought against him by People's Action Party leaders. It
      The Straits Times  -  277 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      6 3 SingTel's high-tech Teleparkfully leased, Pg 8
      6 words
    • Advertisement
      Page 3 Advertisements Column 2
      62 3 I 1 Bravo .1 Marti na! H»wKik3l JBV SsiB9O made since Winner of Australian Open '98 OMEGA congratulates our ambassadress Martina Hingis for her outstanding performance. Martina Hingis and OMEGA—sharing the same passion for precision! Sole Distributor: 1 i A SMH S.E.A. (S) PTE LTD i {f 438 A Alexandra
      62 words
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  • MARKETS IN TURMOIL
    • Article
      BOT takes control of 2 debt-ridden Thai banks
      660 4  -  Move underlines its seriousness in restoring health to banking sector From, Harish Mehta in Bangkok IN A move that underscored its seriousness in restoring health to the banking sector, the Bank of Thailand (BOT) yesterday took majority control of two debt-ridden commercial
      660 words
    • Article, Illustration
      Lock icon Indonesian private debt US$9b higher at US$74b
      435 4 Bloomberg Reuters [JAKARTA] Indonesian companies owe more than previously estimated, Jakarta's point man on its debt crisis Radius Prawiro said yesterday, and his committee will weed out those debts that can be repaid. Indonesia's total foreign debt at the end of last year
      Bloomberg; Reuters  -  435 words
    • Article
      Lock icon Korean govt, unions agree to sweeping labour law changes
      293 4 Bloomberg Reuters [SEOUL] South Korea and its militant labour unions agreed to sweeping changes in labour laws that will make it easier for companies to fire workers as the country totters towards recession. The agreement, the first of its kind in
      Bloomberg; Reuters  -  293 words
    • Article
      Asian crisis far from over, say two ex-leaders
      404 4  -  Thailand's Amnnay, Philippines' Virata not too sanguine From, Anthony Rowley in Tokyo ASIA'S financial crisis is far from being over despite a partial recovery in currency and stockmarket values. Amnuay Viravan and Cesar Virata, two former political and economic leaders from the
      404 words
    • Article
      Lock icon Indon's PLN stops US$ payments
      263 4 Bloomberg (JAKARTA) Indonesia's government power company PT Perusahaan Listrik Umum Negara. caught in a vice by the falling rupiah. said it has stopped making US dollar payments on purchase contracts with a number of international and domestic suppliers. The company, known as PLN. said it
      Bloomberg  -  263 words
    • Article
      Lock icon South Korea shaves 3.4% off this year's budget
      204 4 Reuters |SK()UL| South Korea's Finance Ministry said yesterday that it had revised the 1998 budget down 3.4 per cent to 76.8 trillion won (5581.5 billion) as part of the country's austerity and restructuring measures. The ministry said it would submit the supplementary
      Reuters  -  204 words
    • Article
      Lock icon World Bank commits fresh US$1b to Philippines
      335 4 Country stands good chance of riding ont crisis: Wolfensohn Reuters, Bloomberg [MANILA) World Bank president James Wolfensohn yesterday said the Philippines stood a good chance of overcoming the regional crisis, and committed US$l billion (Ssl.7 billion) to help it out. "What is very
      Reuters,; Bloomberg  -  335 words
    • Article, Illustration
      Lock icon Thais show they have hearts of gold
      77 4 I HAN< IK< )K Army officers examining plastic boxes containing gold donated by Thai citizens at a ceremony marking the end of the campaign named "Thai help Thaiorganised by the Royul Thai Army at an army base in Bangkok yesterday. The Thai army
      REUTERS  -  77 words
    • Article
      Lock icon Chuan accepts local currencies idea: Dr M
      419 4 Reuters (BANGKOK) Visiting Malaysian Prime Minister Mahathir Mohamad said yesterday Thailand had agreed to his proposal that Asean countries trade among themselves in their local currencies as a way to overcome current problems. "He (Thai Prime Minister Chuan Leekpai) has agreed that we
      Reuters  -  419 words
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  • THE REGION
    • Article
      Lock icon Economy's gone beyond stalled, it's stagnant: Japan
      386 5 TOKYO Govt will take farther economic steps if necessary, says trade minister Reuters JAPAN'S government cut its assessment of the economy yesterday, declaring it stagnant and its direction uncertain. prompting Trade Minister Mitsuo Horiuchi to say further economic steps would be taken if
      Reuters  -  386 words
    • Article
      HK police make two arrests linked to failed finance group
      322 5  -  HONC.KONC, Action follows probe into complaints by CA Pacific clients />V Quak Hiang Whai HONGKONG police swung into action with two arrests yesterday in connection with the failed CA Pacific Group after a highly politicised campaign to nab those responsible
      322 words
    • Article
      Lock icon Okinawa rejects US heliport project
      396 5 TOKYO AFP THE governor of Japan's Okinawa islands yesterday rejected US plans to build a new military heliport, effectively blocking a key element of a US-Japan deal to return some US military- land to ease tensions. "We came to the conclusion that we could not
      AFP  -  396 words
    • Article
      Lock icon Corruption still on the rise in China: Li Peng
      265 5 HKIJINU AFP Reuters COKKUITION is still rampant among Communist Party cadres despite efforts by China to stamp it out. Premier Li Peng told top officials at a confer once on fighting gran here. "The number of major criminal cases involving government
      AFP; Reuters  -  265 words
    • Article
      Lock icon Foreign investments in Taiwan up 73% last year to US$4.3b
      259 5 TAIPEI AFP Reuters TAIWAN approved 68.'} foreign investment projects worth U554.27 billion (Ss7.l billion) in 1997. up 73.38 per cent from the previous year, the economic ministry's investment commission said yesterday. Electronics, metals, service, and banking and insurance were the
      AFP; Reuters  -  259 words
    • Article, Illustration
      Lock icon All geared up
      65 5 [JAKARTAI An Indonesian special forces (Kopasus) soldier yesterday examining equipment during a dress rehearsal in Jakarta for a uwkend military parade. Indonesian armed forces haw Ih'en conducting exercises in the capital in recent days as part of security preparations for the general assembly next month, which is
      REUTERS  -  65 words
    • Article
      Lock icon Indon bomb plot: Tycoon to return to Jakarta, says report
      288 5 JAKARTA AFP A PROMINENT businessman alleged by the Indonesian military to be implicated in a Jakarta bomb plot will return to the country to rebuff accusations he was hiding overseas, a report said yesterday. Friends of Gemala Group chairman Sofyan
      AFP  -  288 words
    • Article
      Satellite exporter upbeat on Asia
      584 5  -  CANNKS. France Demand expected to be buoyant despite financial crisis HH David Boey KUROIMO's leading satellite exporter is confident demand for satellites by Asia Pacific conn tries will remain buoyant. de spite the financial crisis that has shacklcd most Asian econ omies lately. The Satellite
      584 words
    • Article
      Lock icon Malaysia mulls over unit trust fund solely for women
      150 5 KUALA LUMPUR Reuters THE Malaysian government is considering a proposal to set up an investment fund for women to boost savings, local newspapers reported yesterday. International Trade and Industry Minister Rafidah Aziz proposed the fund at Wednesday's cabinet meeting. The Star
      Reuters  -  150 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      416 5 'I'm WEATHER Fair. Temperature (28-25) AtU-PadSc HVLo* Cood. En-ope HJ/Lo* Cood. Aaerka Ht/Ls* Cood. \urkland *1> 'V«d> \mnrrUm ¥.<K T B«Mi 54 V«ts U>M» l£*r <V«S T 1 10 Som> fvn« tR 2 /■*•*> <Viurt> fturtm 31 1"» 'V*dy fv«» •HVi Sfr/*»r< H'tuMu 27/17 Sunny Rrunn 3424 SI»/*«* 1 'H*-r*nz.T
      416 words
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  • THE WORLD
    • Article
      Lock icon US sees surprising job gains as unemployment steadies at 4.7%
      491 6 WASHINGTON Growth in business hiring could mean impact of Asian crisis less than assumed Bloomberg THK US added more jobs than expected in January as the unemployment rate held steady at 4.7 per cent, just above a quarter-century low. Non-farm
      Bloomberg  -  491 words
    • Article, Illustration
      Lock icon Who's the reel leader?
      74 6 IVVASIUNGTONI liritish I'rime Minister Tony lilair (left) and US /'resident Bill Clinton (centre) greeting actor Harrison Ford just before a White House state dinner on Thursday. Mr Vinton and Mr lilair met officially throughout the day before enjoying a night of entertainment which included performances by
      REUTERS  -  74 words
    • Article
      Lock icon Bid to get US$18b for IMF gaining support says Rubin
      366 6 WASHINGTON Bloomberg US TREASURY Secretary Rob ert Rubin said efforts to win congressional approval for an additional US$lB billion (5529.73 billion) for the International Monetary Fund are "gaining ground". Emerging from a closed-door meeting with Senate Democrats, his latest in
      Bloomberg  -  366 words
    • Article
      Lock icon WTO backs US in EU tariffs dispute
      323 6 WASHINGTON Bloomberg THE World Trade Organisation has ruled in favour of the US in a dispute over tariffs imposed by the EU. UK and Ireland on US computer networking equipment exports, a senior US trade official said. "We are pleased the WTO panel
      Bloomberg  -  323 words
    • Article
      Lock icon UK industry faces recession amid boom
      349 6 LONDON' Prospects hampered by strong sterling, high interest rates AFP HKITISH industry is on the verge of recession because the pound and interest rates are too high even though the rest of the economy is steaming ahead, economists said yester day in the light
      AFP  -  349 words
    • Article
      Lock icon Tourist arrivals in HK down 11% last year
      274 6 HONGKONG Reuters HONGKONG turned out dismal tourism results for 1997 but the territory's tourism body expects a mild turnaround by the end of this year. "Currency depreciations in Asian countries and the jiercepl ion of Hongkong as an expensive destination contrib uted
      Reuters  -  274 words
    • Article
      Lock icon Indian GDP up 7.5%, better than forecast
      152 6 NKW OKI.III Bloomberg INDIA'S economy prow a bettor than expected 7.5 |mt cent for the year ended March 31. 1997. said the government, which has expected growth of 6.8 |»er cont. (Iross domestic product was boosted by growth in agriculture. fishing, manufacturing. trade,
      Bloomberg  -  152 words
    • Article
      Lock icon Reuters' consultant seen getting Bloomberg data
      326 6 NKW YORK Probe into whether Cyberspace Research passed data illegally NYT A MANHATTAN computer consultant linked to a suspect<tl scheme with ;i subsidiary of Keilters Holdings pic to steal informal ion from Bloomberg was monitored downloading hundreds of screens of proprietary llloomlierM data during
      NYT  -  326 words
    • Article
      Lock icon US boosts forces in Gulf but markets focus on sex scandal
      365 6 Reuters (LONDON] The United States beefed up its forces in the Gulf yesterday ahead of a possible strike against Iraq but the markets appeared more concerned about the White House sex scandal. Analysts said they expected minimal fallout on
      Reuters  -  365 words
  • Page 6 Advertisements
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      63 6 DOONESBURY liy Garry Trutleau r wewen. thai was &PITION OF */TCOULPA HAP- W 7RADm ONMLYHJFIN VI THEN. GUY5! FROM 7 MM... Y Y&.fTS wl PBMBt?.'" AOUICKMORPTO I NOV ON, THANKS WHAT A J AN BXCIT/N6 V\ ALL YOU PUBLIC Fi&' I CONPFMNFP YOU FOR TO HAT£ RAPIO, I CHAum&'l N&U
      63 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Architectural firm RSP Holdings gets listing OK
      614 7  -  News of proposed listing gets lukewarm analysts' response By C Conrad Raj, Ang Wan May [SINGAPORE] RSP Holdings the parent of RSP Architects Planners Engineers. Singapore's biggest architectural firm has got the nod to list from the Stock Exchange of Singapore, two years
      FILE PHOTO  -  614 words
    • Article
      MHE calls off rights issue and pulls out of Myanmar project
      396 7  -  TURMOIL VICTIMS It says rights price of 20 cents is close to market share price Ven Sreenivasan [SINGAPORE) MHE Holdings Ltd has scrapped its proposed one-for-one rights issue and pidled out of its industrial real estate project in Myanmar
      396 words
    • Article
      General Securities' NTA drops 32%
      265 7  -  By Frances Lui [SINGAPORE] Closed-end fund General Securities Investments has posted an 88.6 per cent fall in after-tax profits to $1.84 million for the year ended Dec 31. Turnover fell 55 per cent to $11 million and net tangible assets backing per share fell 32.1
      265 words
    • Article
      Thailand's brokerages face long wait for foreign saviours
      573 7  -  HOCK LOCK SIEW Harish Mehta Thailand has made go<xi its promise to allow foreigners to hold majority stakes in the country's brokerages but with strings attached. Foreign investors can have majority stakes for only up to 10 years, and they have to
      573 words
    • Article, Illustration
      Cycle & Carriage shares gain on 'buy' calls
      321 7  - Cycle Carriage shares gain on 'buy' calls Talk of share buyback also bolsters stock which rose $1 to $7.60 Christopher Tan |SIN(fAI'OKKI Motor and property slock Cycle Carriage continued its rally yesterday on the back of "buy" recommendations and a possibility of a share buyback. The counter was the day's
      321 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        RHB to be used to buy Bank of Commerce in merger deal
        357 8  -  Talks seen tricky as Renong's said to be reluctant to give np cash-rich bank From Eddie Toh itt Kuala Lumpur TYCOON Rashid Hussain will use his listed holding company Rashid Hussain Bhd to acquire the Bank of Commerce.
        357 words
      • Article, Illustration
        Lock icon The man leading Malaysia's push for bank mergers
        760 8 Bloomberg [KUALA LUMPUR) In a public show of fealty late last year. Malaysian financier Abdul Rashid Hussain bowed down and kissed Prime Minister Mahathir Mohamad's hand before flashing cameras. In a country where political connections and cosy relationships open doors and create
        Bloomberg; FILE PHOTO  -  760 words
      • Article, Illustration
        Lock icon Orchard Parade raising room rates
        267 8  -  ttyi Abdul Hadhi [SINGAPORE] Orchard Parade Hotel will raise its room rates by 20 per cent to about $170 a night on average, following a refurbishment which cost $40 million. Orchard Parade Holdings (OPH) managing director Leong Horn Kee said yesterday that the move would
        ARTHUR LEE  -  267 words
      • Article
        SingTel's high-tech Telepark fully leased
        313 8  -  Holiday Hospitality opens Asia-Pacific reservations centre i Carol Eng |SIN(fAI*OKK| Singapore Tehirni's high tech engineering !>uildinK in Tampines, Tele park, is fully leas<«l. At the opening of Holiday Hospitality's Asia Pacific reservations centre in the park yesterday, Sing Tel facilities manager for operations W)n; K;iy
        313 words
      • Article
        Lock icon Engelhard hit by US$55m fraud
        341 8 Reuters I NEW YORK| Engelhard (»rp said on Thursday that its .Jap anese bast* metal trading operation is cine of several companies to have been stung hy "an elaborate fraud" that together may cost the victims more than US$2OO million (Ss33o million). The environmental technologies
        Reuters  -  341 words
      • Article
        Lock icon Hopewell to divert funds to China projects
        186 8 AFP (HONGKONG] Infrastructure firm Hopewell Holdings will expand investments in China by redeploying funds from a scrapped transport project in Bangkok, a company official said yesterday. Alan Hung. Hopewell's project controller, said the company will divert the funds to new projects in China
        AFP  -  186 words
      • Article
        Lock icon New World Group to borrow in yuan
        312 8 Bloomberg lIIONCiKONC.I The New World (iroup. one of Hongkong's biggest investors in China, is taking out an insurance policy against the devaluation of the Chinese yuan. The group, which has invested I '5&1.2 billion (SsT>..'i billion in mainland roads. |M>rts. housing and power
        Bloomberg  -  312 words
      • Article
        Lock icon Ansett's interim profit up sixfold to A$66m
        270 8 Bloomberg |SYI)NKY|| Ansett Australia Ltd.. Australia's second larg ••st airline, said first half profit rose six fold to ASM 4 million (Ss7<t.l million) underpinned by aggressive cost-cutting. The airline, which has annual sales of As:t.H billion, said the earnings performance was still below
        Bloomberg  -  270 words
      • COMPANY Briefs
        • Article
          SPH trading to be suspended on Monday
          51 8 IBINGAPOREI Trading in Singapore Press Holdings' Local and Foreign shares will be suspended on Monday while the company holds meetings with shareholders to obtain approval for a merger of the two tranches. Trad ing will resume oncc the outcome of the meetings is
          51 words
        • Article
          DBS holding 33m Nippecraft shares
          65 8 ISING A PORE) DBS Bank now holds 9.43 per cent or 33 million shares in mainboard-listed Nippecraft following the undersubscription of Nippecraft's rights issue and the bank's subsequent sale of some shares on Feb 2,3 and 4. DBS sold the unspecified number of shares for
          65 words
        • Article
          LKN unit buying into Shanghai firm
          73 8 ISINGAPOREI Lim Kah Ngam subsidiary LKN Development Pte Ltd has applied for 5.25 million redeemable preference shares in Huteng Investment (Shanghai) Pte Ltd for $5.25 million In cash. The one-cent shares come at a premium of 99 cents per share. LKN Development will hold
          73 words
        • Article
          Ace Dynamics gets nod for capital scheme
          100 8 [SINGAPORE] Ace Dynamics Ltd's proposed capital reduction scheme announced last year has been approved by the court. The scheme will be filed with the Registry of Companies and Businesses on Feb 23 to effect it. Its shares will have a par value of
          100 words
        • Article
          New team at TLB Land
          51 8 (SINGAPORE) TLB Land has named the members of its management team who are related to group chairman Goh Eng Chew. They are managing director Goh Han Teng, deputy managing director Goh Yeok Chay and senior manager in charge of overseas investment and marketing Goh Yeok
          51 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Microsoft's Active Channel partners get subpoenas
        486 9 Move provides clues to broader antitrust case the company may have to face Bloomberg [WASHINGTON] The Justice Department has issued subpoenas to Microsoft Corp's "Active Channel" partners, providing clues as to what kind of broader antitrust case federal authorities may bring against the software
        Bloomberg  -  486 words
      • Article
        Lock icon Netscape up amid talk of merger
        289 9 Speculation prompted by discussions with several companies Bloomberg [MOUNTAIN VIEW. California) Netscape Communications Corp shares rose as much as 25 per cent on Thursday amid speculation that the Internet software maker's discussions with several companies will lead to a merger or acquisition Netscape, the
        Bloomberg  -  289 words
      • Article, Illustration
        Lock icon Mattel, Intel to develop toys with PC technologies
        436 9 Reuters |SAN KRANCISCOI Will Barbie become a computer geek and dump Ken for an Intel Corp Bunny Man? Toy ifhint Mattel Inc and Intel, the world's largest computer chip maker, announced a letter of Intent to jointly de velop toys designed with
        Reuters  -  436 words
      • Article
        Lock icon Soros-backed telecoms firm up 37% on debut
        434 9 Rash for Global TeleSystems attributed to 'smart money' behind it Bloomberg [MCLEAN, Virginia) Global TeleSystems Group Inc shares rose 37 per cent in their first day of trading, as investors rushed to buy into the George Soros backed company selling telephone services in
        Bloomberg  -  434 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        704 9 Vassal Vot *0 Baft* ArrWai Departure JM|M tad f «wM 02/98 JT7 «oags<or 36 02/1800 lot 2301 49 .16 KOOQVO* 07 02/1200 R lkUt TEJ98 JO 1 mongs4e 96.02/1900 R Ma Gt6 S7 *****8 XI 06 02/2300 8tP«lTetor *****8 Jff 07 02/0615 It UM Bare! *e*98 X 1
        704 words
      • Article
        CONTAINER SCHEDULES
        1716 9 RECEIVING OF EXPORT FCL CONTAINERS AND LCI CARGO Boofctnq/RoUnco Rstls Ship Voy No Etb/Btr Poriod From To From la ten 0 07* 9/0700 U 06/1100 06/161* 0*/1»00 06/H00 06/*i* 06/1*00 U 06/1700 07/0659 07/0*00 20 06/T700 07/0659 07/0*00 J 07/0700 07/1159 07/1400 4 0 7/1/00 07/1454 07/1700 4a
        1,716 words
    • FINANCE COMMODITIES
      • Article, Illustration
        Lock icon US$ – bearish or temporary slide?
        475 10 US$ bearish or temporary slide? USS/mark: USS/mark took a dive this week, touching a low <>• 1.7843 by Thursday. It then i covered slightly to trade around 1.7920 yesterday morning. Despite this slide, the dir ction for US$/DM is not clear. However, a near-term d'lwnmove to 1.7515 cannot be tilled
        Source: DBS Bank  -  475 words
      • Article
        Lock icon Fed urged to block merger of UBS, SBC in the US
        337 10 Swiss banks preventing recovery of assets of Holocaust victims: US senator Bloomberg I WASHINGTON] US Senate B.inking Committee chairman Alfonse D'Amato has called on the Federal Reserve to block tne merger of Swiss Bank Corp and Union Bank of
        Bloomberg  -  337 words
      • Article
        Lock icon First Nationwide to buy Golden State Bancorp in US$2.5b deal
        521 10 Merger will form US' No 3 thrift with over USsslb in assets Reuters [LOS ANGELES] New York financier Ronald Perelman's First Nationwide Holdings will buy California's Golden Siate Bancorp in a US$2.5 billion (554.2 billion) deal to create the nation
        Reuters  -  521 words
      • Article
        Lock icon Euroyen inches higher in slow trade
        238 10 SOKEX/{effort Reuters |SIN( ;AP()l<K|Simex Kuroyen futures edgi*d higher in slow trade yesterday while Kuro dollars held steady ahead of the US nitn farm payrolls data for January. "It's heen very ipiiet. There's no sizes going through whatsoever," a trader said. tie said Kuroyen futures
        Reuters  -  238 words
      • Article
        Futures dip on worry over electronics stocks
        159 10  -  MSCI TAIWAN FUTURES lix Charlie Kuo day. liy Charlie Kuo, Service Dealer, Hefco Spore I'te IMI |SINGAPORK| Tin* Siinex Msn Taiwan Slink Index In luri's roill rati Irll yi'slertlay in concern 111;11 I'h'rlronirs slinks have risen 100 f;isl. The electronics inili-x had poslrd
        159 words
      • Article
        Lock icon Firms optimistic about Falklands oil
        246 10 ENERGY REPORT Reuters (PORT STANLEY, Falkland lslands| Oil companies are optimistic about prospects for finding oil off the Falkland Islands, industry officials said here yesterday. "It will certainly bo a major disappointment if our first well is unsuccessful and oil is not found as we
        Reuters  -  246 words
      • Article
        Lock icon CURRENCY REPORT
        267 10 Reuters AFP London THE US dollar regained its footing yesterday, rebounding from recent three-month lows against the yen as concern about Japan's economic prospects overshadowed hopes it would take serious measures to stimulate growth. Some confidence also returned to the dollar amid expectations of a healthy US jobs
        Reuters; AFP  -  267 words
      • Article
        Lock icon Occidental buys US govt's oilfield stake for US$3.7b
        294 10 Bloomberg IWASWN(»TON| Occidental Petroleum Corp has bought the federal government's interest in the lIS Naval Petroleum Reserve for USS.I.KT> billion (Ssf».l billion), th«* largest sale ever of a US government asset. The petroleum reserve at Klk Mills. California, is tine of the
        Bloomberg  -  294 words
      • Article, Illustration
        Untitled
        1271 10 INTERBANK CROSS RATES A$ C$ Bmb ECU Ffr Dni H*$ tod to lapUfc V— loi KM BSHUi Nw g tm* Mr 1$ lithrt U«]T Australia 0.972 6.170 0.615 4.064 1213 5.234 26.197 62.069 0.839 ***** 2.615 US2 29.844 ***** I IB 1323 0.900 ***** ***** 0.410 M77 Canada 1.029 5.770
        1,271 words
    • Article
      COMMODITY PRICES
      1837 11 SI COM FUTURES Feb 6 RUBBER (futuresclosing at 5.30pm) RSS1 ewtsAq) Close Volume Open High Low Sett (tonnes) Interest M«~98 I 132.00 273 137.25 137.25 136.50 25 3900 **i '39.25 139.25 139.25 25 4125 M125 141.25 141.25 25 3600 ■M/Stp 98 150.25 149.00 149.25 375 4470 Od/l*c 98
      1,837 words
    • Article
      WORLD STOCK MARKETS
      2425 11 LONDON h»» tmm SICtms 525 t3 I *8 Ports 296 -i »x«) National -285 9 AB*dDo«necQ 569 6 Amec '2r4CC 2 40C AsdaGrouP 203 400 3 BATind 58'400 6 BO P* 3'S K, WCC 7 400 BOCGroup 975 .9 B» Petroleum *0 BT» '66 200 2 800
      2,425 words
    • Article
      Lock icon TOKYO
      1658 11 AFP O Nikkei 225 +36.76 SHARE prices closed higher yesterday on bargain hunting, but with the upside pressured by the unwinding of corporate cross-sharehold-ings and institutional investors' sales. The 225-share Nikkei Average added 36.76 points to 17.040.06. The broader Topix Index ended up 4.02 points at 1.278.11. with an
      AFP  -  1,658 words
    • Article, Illustration
      Lock icon HONGKONG
      1814 12 Bloomberg QHangScng +43.73 STOCKS rose yesterday, led by "red chips" amid optimism that many of these Chinarelated companies are aggressively expanding their businesses on the mainland in a bid to fuel earnings growth. China shares rose 3.4 per cent as a group, led by Cosco International Holdings on news
      Bloomberg  -  1,814 words
    • Article
      Lock icon TAIPEI
      434 12 AFP QWF Index -77.83 STOCK prices fell yesterday amid profit-taking on concerns that the market was overheating, dealers said. "The index stands so high that any jitters in the market could have easily triggered a sell-olT." said a trader. The Weighted Price Index fell 77.H3 points to 8.544.14. Turnover
      AFP  -  434 words
    • Article
      Lock icon SYDNEY
      649 12 AFP n All Ordinaries -L 8 SHARE prices made marginal losses yesterday as investors held back in anticipation of the start of the profit reporting season. The All Ordinaries Index eased 1.8 points to 2.656.1. Turnover was 299.9 million shares worth A 5828.5 million, with declining stocks virtually equal
      AFP  -  649 words
    • Article, Illustration
      Lock icon JAKARTA
      759 12 AFP fl Composite Index +2L94 SHARES rose 4.3 per cent yesterday as the weakening of the rupiah sparked speculative buying of selected counters. "It's unbelievable. It's speculators who played the market today. People here can make use of bad news to buy a company," a broker said. Dealers said
      AFP  -  759 words
    • Article, Illustration
      Lock icon BANGKOK
      958 12 AFP Q SET Index *4-87 SHARE prices closed slightly higher yesterday. Analysts said the stable baht and foreign buying were good news for the market but that gains were pared by retail investors cashing in finance stocks. "The market was heavily hit by profit taking in the finance sector,
      AFP  -  958 words
    • Article
      Lock icon MANILA
      355 12 AFP n Manila -1137 SHARE prices slipped 0.6 per cent yesterday as the market consolidated further. "The market is continuing with its consolidation." said a trader. "What is happening is that the second liners are leading the way." The PSE Composite Index shed 12.37 points to close at 2.036.78.
      AFP  -  355 words
    • Article
      Lock icon SEOUL
      498 12 AFP Q Composite Index +12.40 SHARE prices closed higher yesterday on euphoria over a labour accord. Foreigners turned active buyers after news of the agreement on layoffs between labour, management and government. The bullish mood was also boosted by the raising of Seoul's weighting in the Morgan Stanley Capital
      AFP  -  498 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Moody's move sends prices off highs
        571 13 AFX- Asia H Composite Index +15.38 SHARE prices closed higher, but off highs, in heavy trade yesterday after Moody's changed its outlook for Malaysia's foreign currency country ceiling ratings to negative, dealers said. However, they said interest in financials remained strong amid merger moves.
        AFX- Asia  -  571 words
      • Article
        Untitled
        9320 13 ■MISTRIALS COMWMf products I9M Last Vol Day Nat Cap Htgh Law Company Sale 'OOP High Law HZ tmll 300 180 A*lnomoto 290 15 22 300 285 16-1 117.5 145 73 Angkasa 133 11 410 U5 125 3.1 196.1 245 123 Apollo Food MNj 245 25 20 245 226 7.1 98.0
        9,320 words
    • WARRANTS & OPTIONS
      • Article
        Osprey RCCPS holders can earn 174% in 5 years just doing nothing
        178 14  -  WARRANT WATCH By R Sivanithy WARRANTS have no value at all when they expire. Hut there are warrantlike instruments that do have terminal value. Take the redeemable convertible cumulative preference shares (RCCPS) is sued by Osprey Maritime. Kach
        178 words
      • Article
        Untitled
        3974 14 BONOS. LOANS t WARRANTS m 1997/98 Last Vol Day Last Quota Avg High Low St no Company Sat* ♦or- COOO) High In Buyar Sallar Prtca 68 9 m 3000 m AMDBcS.5%*****6 9 SUSP 81 8 3160 "Acar ******1USS 17.5 *2.5 47 17.5 15.5 16.5 17.5 131 8.5 3164 Acma W*****4
        3,974 words
    • Article
      CLOB INTERNATIONAL
      2514 14 Transaction Date :Feb 6 MALAYSIAN STOCKS 6r Or -997 -98 Last 0»y LMt OhM< Dh Ok VN M M Cm KiqK Ln SM c—nt IM OOO) LOT Buy* >a—r C'»r */l $<n« 478 28 mi 50CC A S85GC '23 60*4 35 13 '23 '24 50 3J 0 9
      2,514 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        2102 15 TURNOVER OOO) VALUE COOO) Main Cleb Total Main Clot Total Industrial 243.804 492.269 736.073 290.117 310.469 600.585 Finance 21.361 144.863 166.224 77,265 111,423 188.689 HotaU 7.667 12.205 19,872 9,922 6,020 15,942 Prop*rti»5 19.968 168,497 188,465 52.401 74,705 127,106 Plantation 44.378 44,378 38.435 38,435 Mtninfl 9.008 9,008 7,546 7 546 BLW
        2,102 words
      • Article
        MAIN BOARD
        5772 15 Transaction Date: Feb 6 Cr Or M Wl 1997/98 Last Vol Day Last Oust* Dlv Oiv VM Net Cap A»« High Low StNo Company Sal* a/- OOOI High Loo Buytr S«ll*r 4» C'vr Pit Jmli Prica INDUSTRIALS 157 18 5 a 1020 ACE Dynamic S60c 40 *4 179
        5,772 words
      • Article
        SESDAQ
        825 15 jr 7/ i"f Y* D Oust* 0<v 04* VM N#t Co Avg HIqtt Low SIN* Company S«|« (0001 Mtfh iM Buytr S*ll«r C ¥f P/t $mil Prtct SCSDAQ tOOO ABMMWg, v I/* -I U '1* m IM JO (.0 01 l«*« U1 «4»l Tft /04« ASiuloKk .ft IKK) /J4
        825 words
      • Article
        Untitled
        232 16 Stocks Volume •Renong Bhd 50c 137,099,000 •Refcapadfic Bfl 1 79.914,000 *M Resources*. i 54,057,000 *MBf Capital it c. 51.241,000 •Renong WtOO 49.088,000 •MSV Land Bh*...i. 38.881,000 •Innovest BM .~.V 31,630,000 Nippecraft 10c— 30.983,000 •Westiwont land J.. r 30,363:000 •Proroet 29,429,000 .Stocks V •Renong Bhd 5£c .79JI2.850 •M Resources i—: u-...'^oSk6,KK>
        232 words
      • Article, Illustration
        HOT STOCK
        57 16  -  by I Shiv Taneja LAND GENERAL closed 10.5 cents higher yesterday at 57 cents on a volume of 12.6 million shares, compared with its 10-day average of 1.9 million units. In the near term, the counter is expected to trade sideways. Longer term, there is more upside, according
        57 words
      • Article, Illustration
        Dealers at a loss as players go on a buying frenzy
        691 16  -  STOCK MARKET COMMENTARY The biggest surprise is the gain in property stocks despite news of developers deferring payments R Sivanithy [SINGAPORE] Buoyed by a firm refus al to accept any bad news and an un wavering determination to keep
        691 words
      • ON THE GRAPEVINE
        • Article
          Busy busy busy
          108 16 NKXT week is going to bo a busy one for the unit trust industry with three new funds slated for launch. Templeton Asset Management, we hear, has plans for two funds one CPP approved unit trust and the other a fixed income fund, while DBS Asset Management
          108 words
        • Article
          Fly off, in private
          71 16 SINGAPOREANS worried about the safety of their spouses working in Indonesia might encourage them to get a flying licence. One executive who only comes home to wife and k Id here on weekends reassured his family that if things got too hot, he would get into
          71 words
        • Article
          Hard cash
          56 16 ANOTHER tale we heard recently is that some bankers who travel to and from Indonesia carry fairly large amounts of US dollars on their person. No, not because of the currency depreciation but because if these bankers need to leave the country in a hurry, US dollars make
          56 words
        • Article
          Crisis management
          112 16 THE Prada-toting brigade needn't despair. The Italian leather goods brand sent BT a statement not long ago on the group's strategy in helping its clients tide over these difficult times in the region. Prada said it does not want to (probably cannot afford to!) penalise its Asian customers
          112 words
        • Article
          Bad times, better service
          145 16 THE good thing about tough times is that the quality of service often gets better as companies compete with one another for a shrinking pie of business. In the case of Standard Chartered Bank, it seems the bank is willing to go all the way to
          145 words
        • Article
          To your health
          109 16 A VISITOR to Pakistan, having settled down in his hotel, asked room service for an (alcoholic) drink Not so easy, he found out to his bemusement. He first had to sign a document where he had to declare that he required the liquor "for bona fide medicinal
          109 words
        • Article
          Computer glitch
          55 16 SEVERAL thousand BP cardholders found that they were overcharged in their January statement of accounts. One customer had an entry for $150 under "misc". A BP staff said that the company's computers had a major glitch and it is busily correcting the errors to ensure that Giro payments
          55 words
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      42 7 Can't Keep your house In order? If you are having problems with clogged pipes, over-grown gardens, pest infestations, poor TV reception, worn-out fittings and furnishings Get a quick fix. Seek help from the Classified, Home Needs Classifications 90 to 120 'it CAT.S.
      42 words
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      127 12 ♦The Shenzhen and Shanghai stock markets were closed yesterday. IT'S AN IMAGE THING "I wanted a car that projects my personality, just as my clothes do. I knew exactly where to look for one Classification 353." FAHhv Whether you're selling or buying a sports car, coupe or cabriolet, use Gele
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      29 12 ♦The New Zealand stock market was closed yesterday. f travel agency. «l The Straits Times Classified is the passport to my success. v 1800-737-1166 Call Today For Results Tomorrow.
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      29 14 Hello, I^ saw your SUC bouquet of flowers m N^my g 2> i Ui BuyinsorselliMthrough I The Straits Times Classified is child's play. Mr W* cancaxs.at 1800-737-1166. S i
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      447 16 BUSINESS Notices To advertise call toll-free 1800-741 1883 in TNE MATTER Of THE COMPARES ACT/ s. UPH ▼AND IN THE MATTEfi Of MAST INDUSTRIES (SEA) HOLDINGS PTE LTD <1h Members Vakfldqi Liquidator^ NOTICE IS HEREB? GIVEN pursuant to Seebon 3000] ot*r* Compane* *ct Cap .50 tha» a Final G&neral Meeting
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      Page 16 Advertisements Column 2
      419 16 ♦N THE MATTER Of THE COMPANIES ACT, CAP. 50* AND Jk IN iW MATTER Of WINMAS INTERNATIONAL pte Ltd (In Members Voluntary t Liquidation) notice is Hereby given 1 pursuant to Section 308 fl) of the Companies Act Cap 50 T-at a i .fmai Geaefaf Meeting of the abovenamed Company
      419 words
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      Page 16 Advertisements Column 3
      326 16 NOTICE IS HEREBY GIVEN thai. I Keh Jee Wah of Blk 291E Bukit Batok Street 24 #13-05 Singapore *****1. have applied for a Beer House 2nd Class Licence in respect of M/s Xiao CiuiLin Restaurant located at Blk 373 #01-250 Bukit Batok Street 31 Singapore *****3. and that this application
      326 words
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      439 16 NOTICE IS HEREBY GIVEN that. I Lim Lav Wah of |()Q Braddell Hill tm-12 Singapore *****4, have applied for a Public House. First Class (Extended) Licence in respect of M/s Happy Planet located at 26, Amber Close Basement. Sea View Hotel Extension. Singapore 43W84. and that this application will be
      439 words
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      Page 16 Advertisements Column 5
      32 16 F m f pim 1 m See Sunday a Sunday liisnlllcil s|k'v'lhl oil uitUtpics, collivlors' iU'tits, ami arts crafts IkU. I A Making smart education choices begins with Hie Straits Times Classified.
      32 words
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      Page 16 Advertisements Column 6
      235 16 NOTICE NOTICE IS HEREBY GIVEN that. I Lim Yeow Cheng of Rlk 172 Hougang Ave 1 #03-1447 Singapore *****2. have applied for a Retail Liquor Shop Licence in respect of M/s Tops Supermarket located at Hlk 205 Hougang St. 21 #01-133/135 Singapore *****5. and that this application will he considered
      235 words
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      Page 16 Advertisements Column 7
      222 16 NOTICE NOTICE IS HEREBY GIVEN that. I Yeo Sim Ai of Blk 268 Bishan St. 24 #13-174 Singapore 5"*0268. ha\e applied tor a Retail Liquor Shop Licence in respect of M/s Tops Supermarket located at Blk 701 Ang Mo Kio Ave 3 *01-2001 Singapore *****1. and that this application will
      222 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Towards a minimalist aesthetic
      1527 17  -  COVER STORY Some homeowners in Singapore are shying away from the popular vernacular style of architecture and opting for homes with cleaner, quieter lines. juw mumkob finds out more about these minimalist designs and the type of clients who are asking for them BEN MUNROE THE
      SCDA ARCHITECTS; ALBERT LIM K S  -  1,527 words
    • STRAWS In The Wind
      • Article
        Opium of the masses?
        46 17 IN A battle for readership, The People's Daily, the Chinese Communist Party's newspaper, has started a weekly financial supplement offering stock market analyses and coverage of the regional currency turmoil. You know, the kind of stuff that would attract the Marxist masses.
        46 words
      • Article
        Presidential safeguards
        79 17 OVER in the decadent West, the US financial weekly Barron's had a recent editorial on President Bill Clinton's relationship problems. It was headlined: "El Libido". Says the editorial: "El Libido (a force of nature like El Nino) could change the way we pick Presidential candidates hopefuls might be
        79 words
      • Article
        Bill it to Bill
        35 17 MEANWHILE, among the less risque jokes arising from the Lewinsky furore: What did President Clinton do with the latest Abortion Bill that landed on his desk? Answer: He paid for it.
        35 words
      • Article
        World player
        43 17 TALK about global reach. One recent executive appointment notice announced that a certain business development manager would be responsible, not just for the Asia Pacific market, but also Latin America. And he would monitor these two vastly diverse markets from Sydney.
        43 words
    • PROFILE
      • Article, Illustration
        Lock icon Thailand's movie mogul
        1626 18  -  Charoen Poolvoraluk, president of Entertain Golden Village, tells habtsh mehta how his childhood dreams of owning a cinema finally came true HARISH MEHTA IT WAS in the era of black and white films that eight-year-old Charoen Poolvoraluk first discovered the wonderful world of movies. His passion for
        SUKREE SUN  -  1,626 words
    • BOOKS
      • Article, Illustration
        Lock icon Worthy women and irredeemable men
        1044 18 NYT Paradise By Toni Morrison Alfred A Knopf 318 pages, 5537.49 Hrrinred In/ Michiko Kakutani PARADISE. 7'oni Morrison's latest novel and her first since winning the Nobel Prize for Literature in 1993 addresses the same great themes of her 1987 masterpiece, lieZfoved: the loss of
        NYT; FILE PHOTO  -  1,044 words
    • PURSUITS
      • Article, Illustration
        Some timely words about the arts
        843 19  -  benmumroe reviews two books which document very different aspects of art in Singapore BEN MUNROE Documenting the arts, it is generally agreed, is vital for several reasons. First, it validates the art being produced as worthy of critical attention. Second, it provides accurate archival
        843 words
      • Article, Illustration
        Sketching out the regional picture in broad strokes
        584 19 South-east Asian Art A New Spirit Project director: Thomas Yeo Editor: Koh Buck Song Published by Art St Artist Speak 264pp, $119.99 LESS cerebral yet just as important, regionally and nationally, is South east Asian Art: A New Spirit. The cof-fee-table hardback
        584 words
    • Article, Illustration
      Lock icon Get knowledgeable about grape juice
      1227 20  -  NIGHTLIKK Can't tell your Chardonnay from your Sauvignon Blanc? Don't know the difference between Beerenauslese and Trockenbeerenauslese? Join a tasting club and you'll soon have the answers Ben Munroe DUINK enough wine in public .in*l sooner or later the inevitable hap|iens Having swirled tin* ruby
      FILE  -  1,227 words
    • Article, Illustration
      Lock icon Dove star stretches his wings
      1062 20  -  PROFILE Though he's had a wealth of stage experience, The Wings Of The Dove is only the second feature film for Linus Roache li'h Joshua Mooney NYT "I'VE ALWAYS been wary of period films and I've stayed well away from them.'" says British actor Linus
      NYT  -  1,062 words
    • Article, Illustration
      Soaring above the dense and clotted prose
      730 20  -  m CINEMA Henry James 9 novel gets a new lease of life in this splendid adaptation of The Wings Of The Dove '///i Susan Tsang THE Wirifis Of The Iktee is yet .-mother pe riod piece. set at the turn of the century,
      730 words
    • Article, Illustration
      WHAT'S ON
      379 21  -  Compiled by M Yasotha CONCERTS Music In The Wood? Under the baton of Lim Soon Lee, the 80-strong National University of Singapore Symphony Orchestra will perform familiar classical pieces as well as popular movie themes. Tomorrow, 6pm at the Shaw Foundation Symphony Stage, Singapore Botanic Gardens. Admission is
      379 words
    • EPICURE
      • Article, Illustration
        Lock icon A new world worth exploring
        872 22  -  The Great World Cafe-Restaurant gets top marks for transporting its diners into a brighter, kinder realm, says jams ee JAIME EE CONTRARY to what you might think, the Great World Cafe-Restaurant was not named by some unimaginative restaurateur who stood outside the Great World City
        CHRIS LOH  -  872 words
      • Article
        More than just a celebratory drink
        889 22  -  WINE CONNOISSEUR Don't just reserve the champagne for festive occasions. This wine, which ranks among the top whites in the world, should be savoured more often N K Yong CHAMPAGNE is a wine, despite the fact that it contains bubbles. It starts off as
        889 words
      • Article, Illustration
        Lock icon Serving up a wealth of good intentions
        731 22  -  RESTAURANTS Cafe Des Artistes offers an eclectic take on local food, bat will it prove a hit with Singaporean tastebnds? W Tan Su Yen THE ASSORTED pork congee comes with salmon sashimi and the nasi goreng is embellished with deep-fried soft shell crab
        PHOTOS BY ARTHUR LEE  -  731 words
    • Article, Illustration
      CINEMA
      816 23 Devil's Advocate. A young lawyer (Keanu Reeves) and his wife are lured to the Big Apple by a persuasive attorney (A 1 Pacino). Predictable plot but still watchable despite some hammy acting. Riverside, Bugis. The Pull Monty. Low budget British flick that is both quirky and funny. It tells
      816 words
    • Article
      ENQUIRIES AND BOOKINGS
      123 23 Cathay Org Cathay 338-3400 Kastshorc 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 BngWah Kmprcss 777-5867 Jubilee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Golden Tillage Bedok 4499 m Bishan 353-8885 Boon Lay 792-2788 Broadway 154-9:i94 Majestic 533-9032 Marina 337-9488 Pavilion 786-5788 TampinesB 786-5788 Tiongßahru 274-6588 Yishun 257-7848
      123 words
    • TRAVEL
      • Article, Illustration
        Lock icon You gotta go, it's a quality of life issue
        2057 24  -  Whether it's upmarket furniture or cut-price Prada, fengshui travel kits or vibrational remedy nail polishes you're looking for, New York is where you'll find them, says lucia van deb post LUCIA VAN DER POST FT NO MATTER how bad the jet-lag.
        FT  -  2,057 words
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      44 20 I'm a car dealer. Vie Straits Times Classified helps to accelerate my business. xS NCATS. 1800-737-1166 Call Toda\ For Results Toiixmtow W. Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. fit CATS. 1 Another Classified Service
      44 words
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  • Page 21 Advertisements
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      Page 21 Advertisements Column 1
      182 21 Where to wine, dine and entertain... "t- < "I--; WVat s.-.t.r I Mfet i ,-.i: k.-rfc r .U. Br.---. »t Tl>» i J k ANA HOTEL SINGAPORE CA'fE 'DT. GRAMp I CEVELI Daily A La-Carte menu. f(®M\ Western and local C, 7f r J) favourites chef s V. ill Jn
      182 words
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      Page 21 Advertisements Column 2
      205 21 MarketSqiiare I RESTAUIANT*FOOOCOO«T* WINE CELLAR Theme Restaurant Foodcodrt QUntoV Set* c Menu> V <22 SOUP* SALAD MAIN COURSE Filet 'Mtgnon' with Shallot Red Wine Jus >-v OR Salmon Fillet 'Rose' with'Bell-Pepper'Sauce 3 Baked Slipper Lobster 'Oscar' with Prawn Bisque DESSERT COFFEE or TEA Rote for the Lady ■k Valentine Sweets
      205 words
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      Page 21 Advertisements Column 3
      179 21 best catch n town with the greatest variety of seafood, and the juiciest sizzling steaks by a relaxing poolside setting. Palm Terrace Open daily for all-day dining, alfresco style with an exotic lahnese setting. h'or reservations, please call 7M lOVil CROWNE PLAZA' iiaoAtoii I —<rfp tit 11+inLii Itm I w
      179 words
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      Page 21 Advertisements Column 4
      209 21 CALL: *30 J585 OR JJO J 590 FOR RESERVATIONS C>poN 76 Bras Basah Road, Singapore 189SS8 Web-site http://www.carlton.com.sf! E-mail: R staurantsdCarlton.c om.sg Tf* A r < J&ntAH4.C 41 LA BRASSERIE Valentine'* IV*. 14 Fetwuarv. petfest the hi vet pmnts .4 omnt osn a h\r ox** v.tihlkTiKht dinix-i in (he mo»(
      209 words
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      Page 21 Advertisements Column 5
      180 21 /J fcptrinfi TtyvytAr oeUtr4tiCH AT MANDARIN SINGAPORE Savour traditional Chinese New Year favourites with us as we usher in the Year of the Tiger this Lunar New Year season ICall 831 (fit 2 for wore details. I J _JL Trl 73~Mn JZT Efeb eEBJ Chinese New Year Buffet High Tea
      180 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2079 23 TODAY'S TV RECOMMENDED VIEWING g Home alone in p ndd r la r S, h S f ?f c HE?" eßushbaby President. The bold move lection The Verv Best >UlJft£S /J I? ana Js; Arlen, Texas throws the entire country Of Arsenal. "jlfcflflM M 1 into chaos. 2,00 Basketball: NBA
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