The Business Times, 16 May 1998

Microfilm: NL21187
Total Pages: 26
1 26 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA(P) 110/12/97 85C SINGAPORE Internet: http://www.asia! .com.sg/biztimes WEEKEND EDITION, MAY 16-17,1998
    14 words
  • Article
    MARKET SUMMARY
    54 1 (+2035) nSuJ^+Mi) □S9u» D55M+11.45) STOCK MUXET maCES Friday Outage KLSECOMP ML* NIKKEI *****M 4181 HANG SENG 9.538.39 -53.56 SET INDEX ***** +4S1 JAKARTA COMP _4*M >124 MANILA COUP _1128J# 1.4 TAIPEI WH 8.1C7.M K SEOUL OOMP ***** -1111 CLSA CHINA B HU8 *7.11 AUSTALLORD 1766.8 >14.1 2m EOT
    54 words
  • Article
    FINANCE
    74 1 F08EZ BATES uss ss US$ IM £(USS/Sf per 1.633 2.687 DM 1.771 0525 YEN 134.0 1JB8* Ml 3771 0.437 HKS 7.741 tilt BAHT 38J0 0.042 MJPIAH 11.000 0J15* •st mm mm PUKE BATES SINGAPORE* 7.79 KUALA LUMPUR 11.50 JAKARTA 28.00 BANGKOK 14.75 MANILA _22J0 HONGKONG 19.25 TAIPEI 8.86 SYDNEY
    74 words
  • Article
    Suharto orders crackdown, cuts fuel price increases
    810 1 President tells emergency meeting he does not intend to step down [JAKARTA] Indonesia's President Suharto, anxious to demonstrate that he is still firmly in control, yesterday ordered a crackdown on the worsening unrest and a reduction of the fuel price rises that had
    810 words
  • Article, Illustration
    Lock icon 250 charred bodies of looters found in burnt buildings
    1032 1 Looters die after being trapped in buildings they torch AFP, Reuters [JAKARTA] Stunned Jakarta residents yesterday pulled the charred bodies of more than 250 looters from the burning ruins of department stores and shopping malls which the looters had themselves set
    AFP,; Reuters; AFP  -  1,032 words
  • Article, Illustration
    Uneasy calm descends on Asian markets
    515 1  -  Rnpiah rim ring remains suspended for second day, equities close mixed By] Larry Wee, R Sivanithy {SINGAPORE] With rupiah clearing in Jakarta suspended for the second day in a row, an uneasy quiet settled on Asian currency markets yesterday. Likewise, a hectic week on
    515 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      133 1 PI HIDE Fwget 91® 5 Though still in the minority, many Singapore companies are giving employees the Qexi-hour option, ELPf 1 v Property ccmt The number of new private homes which have yet to be launched for sale roee to over ll£oo by end-March, up 28 per cent from a
      133 words
    • Advertisement
      Page 1 Advertisements Column 2
      31 1 SIA mounts more Jakarta flights, Pg 2 S'pore hotels cope with influx, Pg 2 Commentary: Irony of playing ball with IMF, Pg 2 The view from the White House, Pg 9
      31 words
    • Advertisement
      Page 1 Advertisements Column 3
      87 1 '*2* HHOOL The Mauboussin 'Open Heart' mechanical watch. 18K white gold with diamonds and jade. MAUBOUSSIN since iS 2/ EXCLUSIVELY AVAILABLE AT: ROY EASTERN WATCH #01-86/88 *01-74 Lucky Plaza 304 Orchard Road Singapore *****3- Tel: (63) 734 3139 (65) 734 1933 DELUXE EASTERN WATCH #01-18/20 Cetitrrpoint 176 Orchard Road Singapore
      87 words
Page thumbnail Page 2
  • INDONESIA IN TURMOIL
    • Article
      SIA flying more and bigger jets from Jakarta
      485 2  -  S'pore embassy has system in place to help Singaporeans who want to return Reports by Ang Wan May, Conrad Raj, Carol Eng, Catherine Ong, Ven Sreenivasan, Wong Wei Kong [SINGAPORE] The Ministry of Foreign Affairs has arranged for Singapore Airlines to mount
      485 words
    • Article
      Irony of playing ball with IMF
      1025 2  -  It will take both muscle and deftness for Suharto to slog it out By' Yang Razali Kassim [SINGAPORE] THERE is an Indonesian saying: as skilful as the squirrel is in jumping from tree to tree, one wrong move is all it takes to crash
      1,025 words
    • Article
      Jakarta finance firms remain closed
      340 2 [SINGAPORE] Most Jakartabased international finance houses either stayed closed or shut down early yesterday as they scrambled to get their expatriate staff out of the country in case the situation deteriorates further. Sources at several international brokerages in Singapore said their Jakarta-based cblieagues, fearing for
      340 words
    • Article
      Vickers Ballas stays put in Jakarta
      395 2 (SINGAPORE] While many Jakarta brokers abandoned their offices on Thursday and stayed away yesterday, PT Vickers Ballas Tamara, a joint venture of Singapore broker Vickers Ballas, stayed open through the rioting. Still at his desk and manning the telephone was managing director Tariq Khan,
      395 words
    • Article, Illustration
      Lock icon Indon arrivals tell of harrowing escape
      423 2 AFP [SINGAPORE] Airline passengers arriving in Singapore from Jakarta yesterday told harrowing tales of how they escaped Indonesia's riottorn capital. Rioting has left Jakarta's population without many of the normal means of fleeing the city, they told Reuters at Singapore's Changi airport. "There are
      AFP  -  423 words
    • Article
      Fleeing expatriates flock to Singapore hotels
      418 2 S'pore seen as place where people can wait and see [SINGAPORE] Hotels and service apartments here have seen a sharp increase in bookings by Indonesians and expatriates fleeing Jakarta. A tally from a poll of just 11 hotels and three service apartment operators shows
      418 words
    • Article
      Batam, Bintan stay peaceful, with business as usual
      565 2 [SINGAPORE] Batam and Bintan, the two Indonesian islands where Singaporebased companies have invested much money in recent years, are a haven of tranquility amid the chaos and rampage in Jakarta, according to businessmen there. "Business is as usual," said Koji Hashimoto, director
      565 words
    • Article
      Clinton maintains hands-off approach
      521 3  -  Taking active role may induce nationalist backlash, aiding US critics From Leon Hadar in Washington WHILE calling for a dialogue between Indonesian President Suharto and the political opposition, the Clinton administration has adopted a low-key and hands-off approach to the current turmoil in Indonesia. The growing
      521 words
    • Article
      Lock icon Clinton urges Indon army to exercise restraint
      252 3 Bloomberg [BIRMINGHAM] US President Bill Clinton urged Indonesian President Suharto and his country's military forces seeking to quell riots in the capital city of Jakarta to "exercise maximum restraint". Mr Clinton, in a statement in advance of the annual summit of leaders of
      Bloomberg  -  252 words
    • Article, Illustration
      Lock icon Prabowo denies split in military
      416 3 Armed forces are one nnder the control of Wiranto, he says Bloomberg [JAKARTA] General Prabowo, head of the elite Kostrad unit of the Indonesian army, and President Suharto's son-in-law, denied there's a split in the country's military, and warned strong action would be taken against
      Bloomberg; REUTERS  -  416 words
    • Article
      Lock icon Crisis rattles commodities markets
      390 3 Indonesia a key global supplier and importer Reuters [LONDON] Heightened jitters over Indonesia's deepening political crisis continued to unnerve world commodities yesterday. Soft commodities and some base metals added to substantial gains as fears over Indonesia, a key supplier of coffee and numerous commodities, mounted. Indonesia's
      Reuters  -  390 words
    • Article
      Lock icon Foreigners out to oust Suharto and me: Mahathir
      248 3 AFP [KUALA LUMPUR] Foreigners were involved in plans to oust Indonesian President Suharto amid rising social unrest in Jakarta. Malaysian Prime Minister Mahathir Mohamad was reported yesterday as saying. Dr Mahathir told Bernama news agency on his official visit to Sudan that
      AFP  -  248 words
    • Article
      Lock icon Hard for banks to recover debts, say analysts
      481 3 Lenders may be forced to write off more than USss6b Bloomberg [JAKARTA] The tide of violence engulfing Indonesia's capital is likely to hamper efforts by Deutsche Bank AG, Chase Manhattan Corp and other banks to recover any of the US$BO billion (*****.6
      Bloomberg  -  481 words
Page thumbnail Page 3
Page thumbnail Page 4
  • MARKETS IN TURMOIL
    • Article
      Lock icon Bangkok puts cost of financial crisis at 5 trillion baht: report
      453 4 BOT to group finance firms according to their health in bid to rehabilitate industry AFP. Bloomberg [BANGKOK] A Thai government study has estimated the cost of the country's financial crisis so far at some five trillion baht (*****.2 billion),
      AFP.; Bloomberg  -  453 words
    • Article
      Lock icon Most M'sian brokerages financially sound: KLSE
      290 4 50 out of 62 meet nrinimnm liquid fllllds requirement Bloomberg [KUALA LUMPUR] The Kuala Lumpur Stock Exchange (KLSE) said SO of Malaysia's 62 stock brokerages are "financially sound", as they have the cash to meet its minimum liquid funds requirement. Twelve of the 62
      Bloomberg  -  290 words
    • Article, Illustration
      Lock icon S Korea scraps limits on foreign equity in stocks
      559 4 Foreign investors can now own up to 100% of most firms Bloomberg [SEOUL] South Korea said it will scrap restrictions on foreign ownership of most stocks from May 25 as part of its efforts to attract more foreign investment. The Finance
      Bloomberg; FILE PHOTO  -  559 words
    • Article, Illustration
      Lock icon M'sian students should learn to deal with speculators: Anwar
      221 4 Currency crisis should be made part of economics syllabus AFP [KUALA LUMPUR] Students of economics at Malaysian universities should be taught how to deal with currency speculators to ward off future problems. Deputy Prime Minister Anwar Ibrahim was quoted yesterday as
      AFP; FILE PHOTO  -  221 words
    • Article
      Thai PM asks Tarrin, Supachai to end talk of rift
      472 4  -  From Harish Mehta in Bangkok THAI Prime Minister Chuan Leek pa i has asked two key ministers in his cabinet to put up a united front and dispel rumours of a growing rift between them, in a bid to prevent
      472 words
    • Article, Illustration
      Lock icon Aussie $ dives to 12-year lows
      189 4 Aussie dives to 12-year lows AFP (SYDNEY] The Australian dollar sank to new 12-year lows and stocks exposed to Indonesia were heavily marked down yesterday as investors deserted the region amid worsening unrest in Jakarta, brokers said. The Aussie breached 62.60 US cents to its lowest level since July 1986,
      AFP; Some Hootfwq  -  189 words
    • Article
      Lock icon Foreign investments in Korea up 133% in April
      269 4 Bloomberg [SEOUL] Direct foreign investment into South Korea jumped 133.3 per cent in April from the previous month as mergers and acquisitions surged. Bowater Inc and other international investors injected money to acquire local companies and to beef up their existing facilities,
      Bloomberg  -  269 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      457 4 THE WEATHER Hhppwti Partly cloudy. Temperature (30-25 C) Aai»-PimMo HVLa* CM. Evop* Hi/La* Good. tawta HVLo* Good. Auckland mi sunny Amsterdam 19/10 sunnv Humnß Ami iv« 7 riiuriv Bangkok 37/25 doudv Atens 23/16 faorn B mA b IVO7 ctou( Bqjfig 28/15 f storm Berlm IVO9 dandy Chicago 29/26 sbcmw Bombay
      457 words
Page thumbnail Page 5
  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        583 5 Those polled for their views on the Singapore stock market outlook for next week were: Alliance, Daiwa, Deutsche Morgan Grenfell, GK Goh, ING Barings, Kim Eng, Merrill Lynch, Phillip,and Indosuez WI Carr. SembCorp ♦(BUY)lndo«ue»WlCarr.M*ylB.s2^B With the diversification efforts beginning to take effect, SembCorp's earnings recovery is set
        583 words
      • Article, Illustration
        In My Opinion
        456 5  -  Paul Schymyck EmcuUve director Regional wwht Aria Canadian Imperial of Commerce REGIONAL economies look set to remain in crisis for the remainder of this year, and probably extending into 1999 as well. Several countries are already in recession, with Indonesia, Thailand, and Korea being the hardest hit.
        456 words
    • Article, Illustration
      Lock icon S'pore stock futures: how it works
      1002 5  -  Big profits await investors who got it right But, remember, you could also lose your shirt tty Louis Beckerling [SINGAPOREI GET it right and once Singapore stock futures contracts begin trading on the Singap or e International Monetary Exchange (Simex) in August, big profits
      file photo  -  1,002 words
    • Article, Illustration
      Lock icon In M'sia's year of living dangerously, stick strictly to defensive stocks
      685 5  -  EYE OH THE REGION: MALAYSIA Amid gathering uncertainty, ELSE is expected to languish hYotn Eddie Toh in Kuala Lumpur LIKE Indonesia, Malaysia will be going through a year of living dangerously. As the economy shrinks rapidly, some politicians are
      FILE PHOTO; Source: Bloomberg  -  685 words
    • Article, Illustration
      Lock icon New fund to go for bonds and currencies
      633 5  -  By I Shiv Taneja (SINGAPORE] Investors looking for turbo-charged investment returns from the region aren't going to find them in equities at least not for the next couple of years, says Daniel Lian, director and head of investment research at ANZ Investment
      Source: Bloomberg  -  633 words
Page thumbnail Page 6
  • SINGAPORE AT HOME & ABROAD
    • Article
      Over 11,500 new private homes still to come to market
      621 6  -  Developers expected to continue holding back launches amid the current uncertainties By\ Diana Oon THE number of new private homes which have yet to be launched for sale rose to over 11,500 by end-March, up 28 per cent from a
      621 words
    • Article
      They came but didn't make a single bid at property auction
      341 6 Knight Frank says there were requests for private viewing? THERE were no takers at both the morning and afternoon sessions of Knight Frank's property auction at the Grand Plaza Hotel yesterday. This was despite a good turnout at both
      341 words
    • Article
      Lock icon Hello there, you better stop handphone driving
      280 6 The Straits Times FROM Monday, the Traffic Police will confiscate and destroy the cellular phones of those caught using them without a hands-free kit while driving. The offenders will receive nine demerit points and a $170 fine, too. This move comes after the
      The Straits Times  -  280 words
    • Article
      US firm Applied Materials sees flat revenue this year
      352 6  -  By. Annette Pau US semiconductor equipment maker Applied Materials sees flat revenue of about US$4.5 billion (557.4 billion) this year, but expects business to pick up next year with a 12 per cent jump in turnover. David Wang, its senior vice-president,
      352 words
    • Article
      Australia expects 250,000 S'pore visitors
      253 6 ABOUT a quarter of the one million visitors Australia expects from Asia this year will be from Singapore, says Australia's Minister for Tourism, Bob Debus. In total, about two million people are expected to visit Australia this year. Mr Debus was in town as part
      253 words
    • Article, Illustration
      Lock icon Car price hikes signal possible higher COE bids
      383 6  -  But most luxury car prices unchanged for the moment liy i Christopher Tan IT LOOKS like car buyers hoping for a bargain COE (vehicle certificate of entitlement) will have to wait a while longer, as motor dealers have again upped prices, signalling
      FILE PHOTO  -  383 words
    • Article
      SingTel to offer cheaper BudgetCall service from June
      440 6  -  By 1 Teh Hooi Ling Hy Teh Hool Ling [SINGAPORE] Singapore Telecom yesterday announced its new Budget Call service rates at about 30 per cent lower than existing standard international calling rates. But it hopes the new service would be profit-neutral to
      440 words
    • Article
      US water treatment firm opens service centre
      170 6 lONICS Inc, a US-based water treatment company, yesterday opened a $2 million regional service centre here. William E Katz, director and executive vice-president of lonics, said the company hopes, with the new service centre, to bring its brand of products and services closer
      170 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      31 6 The secret of success ls "'m Taking the right course, of course. Study the wide range of courses available in the EducatlonTTralnlng Section in the Classified Classifications 700 to 799 CATJS.
      31 words
Page thumbnail Page 7
  • REGION/WORLD
    • Article
      Lock icon US growth likely to slow to 3.1% this year: poll
      450 7 WASHINGTON Survey of analysts by economists' group also re veals few signs of inflation Bloomberg US ECONOMIC growth will likely slow this year from 1997, with little evidence of inflation, the National Association for Business Economics (NABE) said. The NABE's
      Bloomberg  -  450 words
    • Article
      China gives nod to 117 projects to boost domestic demand
      323 7  -  By] Lu Ning [SINGAPORE] In a bid to stimulate domestic demand, China has given the official go-ahead to 117 key state construction projects for the current year. According to one estimate, the projects will involve 150 billion yuan (5J29.7 billion)
      323 words
    • Article
      Lock icon Beijing widens mortgage lending to boost GDP growth
      268 7 SHANGHAI More banks, cities allowed to lend against property Reuters CHINA'S central bank has issued new rules on mortgage lending, greatly expanding the scope of the business in an effort to help boost economic growth, the China Securities said yesterday. The rules,
      Reuters  -  268 words
    • Article
      Lock icon Senate moves to block PLA firms in the US
      346 7 WASHINGTON Reuters THE US Senate approved measures on Thursday to help prevent companies owned by China's army from operating in the US and to increase funding to keep slavelabour products out of the country The proposals were adopted on voice votes
      Reuters  -  346 words
    • Article
      Lock icon US production up 0.1% in April
      400 7 WASHINGTON Lower plant-iue, labour data point to weaker industry Bloomberg US industrial production registered a restrained increase in April, as manufacturing output rose for only the second time this year and utility and mining output declined. Output at factories, mines and utilities rose 0.1
      Bloomberg  -  400 words
    • Article, Illustration
      Lock icon Japan ready to open up markets, says US
      413 7 BIRMINGHAM AFP JAPAN has agreed to open up markets worth billions of dollars to foreign investors, the US said yesterday, as President Bill Clinton and Prime Minister Ryutaro Hashimoto met for the G-8 summit. "I believe this package is worth billions and
      AFP; REUTERS  -  413 words
    • Article
      Lock icon Foreign investments into Taiwan up 39%
      301 7 TAIPEI AFP APPROVED foreign investment in Taiwan rose 38.9 per cent in the first four months of 1998 from the same period last year, the Investment Commission said yesterday. A total of U*****.86 million (551.36 billion) worth of foreign investment projects was approved by
      AFP  -  301 words
    • Article
      Indon crisis, India's nuclear tests to be focus of G-8 summit
      498 7  -  Talks «Imm Japan's reflatiooary From Neil Behrmann in Birmingham ASIAN Issues will dominate a summit of leading industrial nations here this weekend and the major issue of focus will be on India's nuclear tests and the implications of the
      498 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      53 7 DOiUfBSBPRY By Garry Trudeau (*otmt THAT* UHY net foxtumtbu YOUR pnn?y farmerT nutejN 1 uteim.- j KIND OF ce- WUABONTHZ/W? 1 PGN.PO PSHPSONUHZ-. &CXUmH6. ITS —J ?ri TOHCTTPO6TJL MSCAN ueupye fvotbahtbam a team on top \y Tmcoueee' I Vi y PUIS,mJZNH&UmSfemOh (g&Qf£ 10UKNO*j\CSOUHAt\ MeNi5Fvu,OFPL®cK-FZjem.y J -ma \Houn pu&A6Asv& COUKeSVU&fTB/FAOJUy/UHO THINK,
      53 words
Page thumbnail Page 8
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon SIA net flat at $1.04b alter strong first half
      767 8  -  Tough environment expected to continue, load factor seen falling further Reports by Conrad Raj [SINGAPORE] Singapore Airlines yesterday reported group net earnings of $1.04 billion for the financial year ended March 31, just 0.7 per cent higher than the $1.03 billion
      FILE PHOTO  -  767 words
    • Article
      SIA orders 10 new airbuses for US$2.2b
      379 8 (SINGAPORE] Singapore Airlines is so confident that it will be able to beat the turbulence currently affecting the region's carriers that it is placing a US$2.2 billion (553.62 billion) order for 10 new airbuses, five on firm order and five on options. The
      379 words
    • Article
      Nan Fung's Chen Din-hwa: the man to watch
      744 8  -  HOCK LOCK SIEW Quak Hiang Whai SOME long-distance runners adopt the strategy of conserving their energy until the last stretch when they begin to overtake everyone. Chen Din-hwa appears to be such an athlete in corporate Hongkong. He is the man to
      744 words
    • Article, Illustration
      Lock icon RM2.5b forex loss drags Tenaga interim down
      596 8  -  It posts RM2b loss, says it will cut capital spending From, Ruth Wong in Kuala Lumpur MALAYSIA'S power utility firm Tenaga Nasional Bhd took a two billion Malaysian ringgit (*****.6 million) hit from the battered ringgit, which further soured its set of poor
      Source: Bloomberg  -  596 words
    • REGIONAL COMPANIES
      • COMPANY Briefs
        • Article
          SingTel sets up Aussie subsidiary
          57 9 [SINGAPORE] Singapore Telecommunications Ltd has incorporated a wholly-owned subsidiary Singapore Telecom Australia, whose principal activity in Australia is the provision of customer services for telecommunications related activities. Singapore Telecom Australia has authorised capital of Asloo million (Sslo3 million) and paid-up capital of As 2. Its
          57 words
        • Article
          GK Goh incorporates 2 new units
          76 9 {SINGAPORE] GK Goh Holdings has two new subsidiaries, investment holding company Ardisia Limited and Briza Pte Ltd, which provides information technology and management services. Ardisia, incorporated in the British Virgin Islands and wholly-owned by GK Goh, has an authorised capital of $1 million and
          76 words
        • Article
          SembCorp sold FCC shares for $4.4m
          59 9 [SINGAPORE] First Capital Corp has given further details of the side of 4.5 million shares in the company by Sembawang Corporation. The sale through Sembawang Industrial pared SembCorp's FCC stake from 21.3 per cent to 19.8 per cent, or 57.98 million shares. The shares
          59 words
        • Article
          Lock icon Public Bank calls off revamp of units
          78 9 AFX-Asia [KUALA LUMPUR] Public Bank Bhd said in a statement to the Kuala Lumpur Stock Exchange that it has decided to call off a proposed restructuring of its units Public Consolidated Holdings Sdn Bhd and Kuala Lumpur Mutual Fundßhd. The bank will also
          AFX-Asia  -  78 words
        • Article
          Lock icon Siam Commercial to support affiliates
          135 9 Reuters [BANGKOK] Siam Commercial Bank pledged to continue giving financial support to two affiliated finance firms in the wake of rumours that some finance companies were facing capital increase problems. Staporn Jinachit, senior executive vice-president of Siam Commercial Bank, said his bank would continue to
          Reuters  -  135 words
      • Article
        Lock icon Hong Leong Ind units cut M'sian Pacific stake
        141 9 AFX-Asia [KUALA LUMPUR] Hong Leong Industries Bhd units have placed through a broker a total of 7.792 million Malaysian Pacific Industries Bhd shares for 83.37 million Malaysian ringgit (5536.3 million), Bernama reported. Quoting a Hong Leong statement, Bernama said the group now
        AFX-Asia  -  141 words
      • Article
        Lock icon Asia airline stocks: caution advised
        155 9 Reuters [HONGKONG] Goldman Sachs said investors should take a cautious approach to Asian airline stocks in the short term, with carriers facing falling demand in 1998 and no immediate sign of the negative news abating. "We believe the sudden regional economic crisis merely precipitated latent
        Reuters  -  155 words
      • Article
        Lock icon UEM to review group structure, sell assets
        324 9 AFX-Asia LUMPUR] United Engineers (Malaysia) Bhd said it is carrying out "strategic analysis and financial modelling" to determine a viable structure for the group. Chairman Radin Soenarno Al-Haj said in UEM's annual report that he hopes shareholders will give their full support when
        AFX-Asia  -  324 words
      • Article
        S'pore market not fully discounted yet: researcher
        381 9  -  He says investors should not get in nntil market falls another 15-20% By\ Siow Li Sen [SINGAPORE] The Singapore stock market should not be touched with a bargepole until the market falls another 15 to 20 per cent, says the research head of
        381 words
      • Article
        Lock icon TAC returns to profit in Q1 with forex gain, new subscribers
        309 9 No 2 Thai mobile phone operator plans aggressive discounts Bloomberg [BANGKOK] Total Access Communication, Thailand's second-biggest mobile phone operator, said it returned to profit in the first quarter, spurred by a currency gain and new subscribers. TAC earned 10.1
        Bloomberg  -  309 words
      • Article
        Eltech in the red after further condo provision
        404 9  -  Fresh provision* of $19.6 m from Eltech, HK partner By\ Lee Han Shih [SINGAPORE] Fledgling property developer Eltech Electronics and its Hongkong partner, the Lai Sun group, yesterday slapped a further provision of $19.6 million on their condominium project in the Kembangan
        404 words
      • Article, Illustration
        Lock icon Faber's hotels sale a sign of hard times
        501 9 Proposed sale of core business raises questions about firm Reuters [KUALA LUMPUR] Faber Group Bhd's plan to sell all its eight hotels after 35 years is a sign of hard times that have gripped the country's hotel industry, analysts said yesterday. Faber
        Reuters; FILE PHOTO  -  501 words
      • Article, Illustration
        Sing Tao's Sally Aw in talks to sell stake
        581 10  -  Cash-rich Cha family cited as possible buyer into HE publishing group Frorn Quak Hiang Whai in Hongkong SING Tao Holdings controlling shareholder Sally Aw Sian is holding talks with several parties to sell part or all of her stake in the
        581 words
      • Article
        Lock icon Shin-Etsu profit up 3.5% amid wafer glut
        312 10 Net income of 42b yen lower thm expected Bloomberg [TOKYO] Shin-Etsu Chemical Corp, the world's largest supplier of silicon wafers, said yesterday group net profit rose a lower-than-expected 3.5 per cent in the year ended March 31 as a worldwide glut of wafers
        Bloomberg  -  312 words
      • Article
        Lock icon Hang Seng forecast cut to 13,500
        254 10 Bloomberg [HONGKONG] Peter Churchouse, a Morgan Stanley Asia managing director, has cut his year-end forecast for Hongkong's benchmark Hang Seng Index from 15,800 to 13,500 points on continued worries about the Japanese economy. Following a fourth-quar-ter crash which took the index to a low
        Bloomberg  -  254 words
      • Article
        Lock icon Earnings trends at Honda likely to go up while Toyota's may slow: analysts
        480 10 US exposure will boost Honda; Asian crisis to dent Toyota Reuters {TOKYO] Profit trends at Japan's most profitable carmakers, Toyota Motor Corp and Honda Motor Co Ltd, will likely go their separate ways in the current business
        Reuters  -  480 words
      • Article
        Lock icon LG shares drop as US losses mount
        286 10 Bloomberg [SEOUL] LG Group shares fell yesterday on the back of mounting losses at the South Korean group's US-based Zenith Electronics subsidiary. Glenview, Illinois-based Zenith's first-quarter loss widened to US$37.B million (5162.2 million), or 55 US cents a share, from U5525.2 million, or
        Bloomberg  -  286 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        466 10 V«sej VwyMo NrtO ArrftH Otpmtm JM|M BaMdi 007 J09 *05/1200 M fit) III» MAY13 J01 lh>|iWl *05/0400 at Motto 0524* J01 Mntsdt *05/0600 Mm U*r 24 J07 HontuK 17 05/0600 KM I ***** JU ton«sMe 16.05/0700 n* Mi U8004 J06 Hongs* 16.05/2000 N *001 J* Konquto 16.05/1800 I
        466 words
      • Article
        CONTAINER SCHEDULES
        1382 10 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO fiT*1~|iTiTinri tstb Ship Voy Mo Etfc/tr Nrio4 ftm U from *cjm mm worot m basoo b/m» bam MM VMM BAM tt IVT70C BAM MM a BAm IMtn MM matqo MR MM 4 KAZOO MM B/T700 im mjm i mm aw
        1,382 words
    • INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Hewlett-Packard Q2 falls 13% on PC price war
        448 11 Company also hit by weak Asian markets and high business expenses Bloomberg Reuters, (PALO ALTO, California] Hewlett-Packard Co yesterday reported, as expected, that fiscal second-quarter earnings fell 13 per cent due to weakness in Asian markets, high business expenses and a price
        Bloomberg; Reuters,; Source: Bloomberg  -  448 words
      • Article
        Lock icon Seagram set to clinch US$10b PolyGram buyout
        380 11 Talks on with 75% owner Philips as other suitors line up Bloomberg [LOS ANGELES] Despite lastminute overtures from rival bidders, Seagram Co Ltd remained the clear leader on Thursday to buy music giant PolyGram NV, industry sources said, adding a deal worth about
        Bloomberg  -  380 words
      • Article
        Lock icon US real estate firms in US$3.5b merger
        226 11 Bloomberg [NEW YORK] Excel Realty Trust and New Plan Realty Trust said they agreed to merge, creating one of the US's largest shopping centre owners and a company with a total market value of about US$3.5 billion (Sss.B billion). The new company, which
        Bloomberg  -  226 words
      • Article, Illustration
        Lock icon Buffet's Berkshire Q1 profits down 4% to US$252m
        265 11 Bloomberg [OMAHA, Nebraska] Berkshire Hathaway, a holding company controlled' by billionaire investor Warren Buffett, said its first-quarter earnings dropped 4.2 per cent. Berkshire said profit from operations fell to US$252 million (*****.1 million), or US$2O3 a share, from US$263 million, or US$2l4,
        Bloomberg  -  265 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Dresdner Bank Q1 profit jumps 23% to 1.1b marks
        297 12 Pre-tax gains helped by surge in fee income; bank open to acquiring US firm Bloomberg, Reuters [FRANKFURT] Dresdner Bank AG, Germany's secondlargest bank, said first-quar-ter pre-tax profit rose 23 per cent, as fee and commission income surged with the stock market.
        Bloomberg,; Reuters  -  297 words
      • Article
        Lock icon Asia seen as best bet among emerging insurance markets
        334 12 Growth will outpace Latin America, east Europe: exec Reuters [SINGAPORE] Asia's insurance market should grow faster than Latin America and Eastern Europe over the long term despite the regional economic crisis, an industry executive said yesterday. "I think Asia has got
        Reuters  -  334 words
      • Article
        Lock icon Malaysia seeking to revive tin industry
        362 12 Reuters [PHUKET] Malaysia is seeking to revive its tin-mining industry as well as mining of other metals such as gold and copper, spurred on by bullish tin prices in world and domestic markets, a top industry source said on Thursday. Muhamad Nor Muhammad, executive
        Reuters  -  362 words
      • Article, Illustration
        Lock icon Medium term bearish for US$
        435 12 USS/mark: The greenback posted some gains for the first days of this week, rising from Monday's low of 1.7640 to a high of 1.7829 by Wednesday. Subsequently, the unit dipped to trade around the 1.7775 level by yesterday morning. Further rallies are likely to be
        Sorer MS tart  -  435 words
      • Article
        Lock icon Credit Suisse streamlines private bank network
        119 12 Bloomberg [ZURICH] Credit Suisse Private Banking said it wiU streamline its Swiss network of private banks, continuing a shake-up at the money-man-aging division since Oswald Gruebel took charge in March. Credit Suisse said it will integrate Afflda Bank into its biggest separate private bank,
        Bloomberg  -  119 words
      • Article
        Lock icon Euroyen up, JGBs hit another high
        197 12 SHu m Report Reuters [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures rose on the back of a wave of shortcovering triggered by strong buying of longer-dated bonds in Tokyo. Dealers said the market received an additional boost when the Bank of Japan
        Reuters  -  197 words
      • Article
        Futures flat despite slide in shares
        179 12  -  MKBTAIWUVnmiBBB Charlie Kuo Charlie Kuo, service dealer, R&co Singapore [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract finished unchanged yesterday though the cash index continued to slide for a fourth straight day. Market sentiment was stiU hurt by the unrest in Indonesia as
        179 words
      • Article
        Lock icon Oil moves sideways amid bulging stocks
        284 12 ENERGY REPORT Reuters [LONDON] World oil markets ticked sideways yesterday as bulging stocks in western markets dampened nagging worries that oil producers might decide soon on more output cuts. London futures for July Brent blend by 1300 GMT was just two cents down at
        Reuters  -  284 words
      • Article
        Lock icon CURRENCY REPORT
        262 12 AFP THE yen was feeble against the dollar and the mark early yesterday afternoon on the London forex market as riots continued in Indonesia, but it was stable, supported by fears of pro-yen intervention by the Bank of Japan a few hours ahead of the start of the
        AFP  -  262 words
      • Article, Illustration
        Untitled
        699 12 nmatBAKKCTtOMKATM Mayll m ta r* m m »»*> <m m. m mm*** a m m iifrmt m mw mo mm ir« h um a««A omi um uu tmyrnikaM n£ ♦m-tff SS? 1 «2 17,5 iSf 552 H2 H8 0J» 1«« 2Ji4 UftJUM 27.444 IB7 358 iS ***** 2M74 MO tS
        699 words
    • Article
      COMMODITY PRICES
      1894 13 SICOM FUTURES May 15 RUMCR (Mum closwg *s it 5 30pm) RSS1 cwtsAq) Close Volume Open Month High Low Sett (tonnes) Interest Jun 98 127.00 650 Jul 98 126.00 125.00 126.% 175 1815 Aug 98 125.50 125.50 127.00 100 2615 Sep 98 126.00 126.00 128.75 125 1540 0ct/D«c
      1,894 words
    • Article
      WORLD STOCK MARKETS
      2302 13 LOftPOH i noil sin* is my IS N»ct 31 drove 627.400 10.400 A8 Ports 365.000 -l.OOO APPay National 1047.000 -40.500 Dom«cq 623.400 -2.000 Kmfc 184.000 4.000 Asda Group 183.400 -4.800 BAt Ind 572.400 -12.600 BC We 336.400 2.200 BICC 161.000 -5.000 BOC Group 963.400 -2.600 BO Patrolaum
      2,302 words
    • Article
      Lock icon TOKYO
      1630 13 Bloomberg □Nikkei 225 -64.83 JAPANESE stocks fell as the death toll in Indonesia rose and Japanese companies suspended operations there. Investors also scrutinised a flood of earnings results, rewarding companies with strong forecasts, such as Nintendo Co, and punishing those with poor results, such as Denso Corp. "There's tremendous
      Bloomberg  -  1,630 words
    • Article, Illustration
      Lock icon HONGKONG
      1541 14 Reuters -5156 STOCKS ended yesterday lower as worries about unrest in Indonesia kept investors on the sidelines, brokers said. The Hang Seng Index lost 53.56 points to end at 9,538.39 after hitting a low of 9,499.02. "The entire region is just held at bay until we have figured out
      Reuters  -  1,541 words
    • Article, Illustration
      Lock icon CHINA
      595 14 Reuters Shenzhen B Index +7.53 CHINA'S hard currency B shares surged yesterday as domestic investors snapped up shares amid speculation that the government would soon unveil policies to boost the B share market. "Domestic institutions entered the B share market without hesitation," said an analyst at China Guotai Securities
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  595 words
    • Article
      Lock icon TAIPEI
      370 14 AFP QWP Index -26 TAIWAN stocks fell for the fourth straight day yesterday, slipping 0.3 per cent as a bout of late selling wiped out early gains on a lack of confidence among investors, dealers said. The Weighted Price Index dropped 26 points to 8,167.50. "Confidence remained weak ...said
      AFP  -  370 words
    • Article, Illustration
      Lock icon JAKARTA
      718 14 AFX-Asia, AFP PI Composite Index +124 SHARE prices closed higher with only seven stocks traded as more than two-thirds of traders and dealers stayed at home, dealers said. He said many broking houses also decided to close their offices yesterday because of the suspension of rupiah clearing. Trade in
      AFX-Asia,; AFP  -  718 words
    • Article, Illustration
      Lock icon BANGKOK
      806 14 AFP ri SET Index THAI share prices rose 0.2 per cent yesterday in thin trade, despite heavy selling in finance stocks and concerns over unrest in Indonesia, analysts said. They said that although there was very heavy selling in finance stocks, speculation was evident in other sectors including banking,
      AFP  -  806 words
    • Article
      Lock icon MANILA
      283 14 AFP CI Manila. -L 4 PHILIPPINE share prices fell 0.1 per cent yesterday due to concerns over unrest in Indonesia and the slow count of the votes cast in the just-con-cluded Philippine national elections. The Philippine Stock Exchange Composite Index fell 1.4 points to close at 2,128.60 points. Volume
      AFP  -  283 words
    • Article
      Lock icon SEOUL
      399 14 AFP P Composite hdq -10JI SHARE prices fell 2.8 per cent on the Korea Stock Exchange yesterday as regional uncertainties, yen weakness and profit-taking wiped out early gains. The index closed down 10.11 points at 352.83. Volume was 63.5 million shares worth 385.5 billion won. Falls outnumbered risers 620
      AFP  -  399 words
    • Article
      Lock icon SYDNEY
      590 14 AFP rl All Primaries *14 SHARES rose 0.2 per cent yesterday as gains in blue-chip stocks outweighed negative sentiment from Indonesia. The All Ordinaries Index rose 6.4 points to 2,765.8. The All Industrials Index rose 14.6 points to 4,781.2 while the All Resources Index eased 0.7 points to 1,151.3.
      AFP  -  590 words
    • Article
      Lock icon WELLINGTON
      249 14 AFP Q Wellington -7JB STOCKS fell 0.3 per cent yesterday with companies trading with Asia losing favour. The NZSE-40 Index was down 7.18 points to 2,229.15 on turnover of NZ$B4.6 million with timber, pulp and paper company Carter Holt Harvey Ltd losing two cents to NZ52.26. Telecom was down
      AFP  -  249 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8562 15 MMSTMALS CoMMMf prefects 1998 Last Vol Day Net Cap WO Law Cinaay tie 'OOP H>gh Lao P/I jmB 310 180 Ajinomoto 222 12.2 90.0 148 65 Angkesa 66 1 3 66 66 1.5 973 290 123 Apollo Food Hlg 165 4.8 66.0 388 190 Berjaya Land 273 -9 173 260
        8,562 words
      • Article, Illustration
        Lock icon Stronger ringgit lifts shares
        372 15 AFP Pi Composite Index +&3S MALAYSIA'S key stock index closed 1.1 per cent higher yesterday as a stronger local currency overshadowed concerns over the rising unrest in Indonesia, dealers said. The Composite Index closed at 566.85 points, up 6.35 points from Thursday's close. A research manager
        AFP  -  372 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3416 16 BONOS, LOANS ft WAfltANTS m IMI Last Vol Day Last Oust* Av* High Lm StiM Company Sail w COOO) Hk*h Law Buyar Saltan Prlca 2X5 9 m 3QQQ niMMrtWHimt w < I I iH 13.5 20.5 8 316© A Acar ******1 US$ 10 8.5 KJ.5 95 8.5 31*4 Acma ******4
        3,416 words
      • Article
        Haw Par 2001 wrt: liquidity snag
        197 16  -  WARRANT WATCH -By R Sivanithy THE main criteria when looking for decent warrant buys are that the company be fundamentally strong, the warrant has plenty of time left to expiry and the instrument trades at a low conversion premium but offers high gearing. There
        197 words
    • Article
      CLOB INTERNATIONAL
      2028 16 Transaction date May 15 Or 6r 1496 L4dt Vol D*v LddtOwto M« D* VM Not M Co* hi» m ggg i* cooo) wm> l— Oiryr mm cw »/t t»* 135 26 mi 5000 AIM50c S3 *13 116 543 51 53 53.5 5.0 33 2.1 21.4 54.4 65.5 123
      2,028 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      5923 17 Transaction date May 15 Or Or mm 1998 LMt V* toy LaatOuata Hr Mt n M Cm A*« HgH Law 8tW Ci—any hH COOP) L— —yr «—«r Cw Pit Um Prtca MOUSTVtALS fjj >>■* 'i' A 43 1X5 a 1020 ACE Dynamic l60c.... 20
      5,923 words
    • Article
      SESDAQ
      1075 17 8r 8r M Wt LMtOMto Mr Mr W IM Co» Av* Ml» Um um Ciw»ii| Uto *h fOOOl tin L— —ym 8o8or Cw P/K tm* Prtc* 134 U 2000 AMHMgtSc 85 83 84 413 85 243 7* 2049 AS Auto 10c. 133 H MS 133 127 132 133 15.0*
      1,075 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        205 18 Stwta Vekme SingTel 15c 10,202.000 •RHBCapWTO 7,934,000 *M Resources 6,925,000 CSCHWgslOc 6,186,000 •MBf Capital 5,535,000 KeppeiCorp 5,357,000 STIC 2Sc 5,178,000 First Capital 4,598,000 •Rekapacific Bit 4,568,000 STEngglOc 4,466,000 Stocks DBSFeretgn 33,133,719 SPH 32.537,841 SIA Foreign 29,931,735 SingTel 15c 25.029,303 FM 20,354,369 U0« Foreign 19,876,M5 OCBC Foreign 18,617,025 KeppeiCorp 17,838,890 City
        205 words
      • Article, Illustration
        HOT STOCK
        73 18  -  by\ Ven Sreenivasan ST Engineering has bounced back from its support at around the $1.20 level, closing with a three-cent gam at $1.25 on 4.5 million shares changing hands yesterday, with the Relative Strength Index showing the counter to be in oversold zone, the uptrend looks set to
        73 words
      • Article, Illustration
        Respite for market – after falling nine days in a row
        663 18  - Respite for market after falling nine days in a row STOCK MARKET COMMENTARY STII up 20 points, helped by relative currency calm, hedge-fond short-covering and technical rebound By R Sivanithy [SINGAPORE] After falling in the previous nine consecutive sessions, a relatively calm day in the currency market and what was
        663 words
      • ON THE GRAPEVINE
        • Article
          Steady rise amid chaos
          126 18 SOME stock market traders appear to still have their sense of humour about them despite the chaos and rampage in Jakarta. According to news wires reports yesterday, the Jakarta Stock Exchange opened for business but the only issue to trade was the insolvent PT Steady Safe
          126 words
        • Article
          Making mountains out of burgers
          108 18 FOR those who have been wondering what the Mos in Mos Burger stands for, the answer recently came from Japan. Apparently it means "mountains, oceans and sun", a term coined by its founder, the late Satoshi Sakurada, though no one has been able to explain
          108 words
        • Article
          Dr M chips in
          47 18 MALAYSIAN Prime Minister Dr Mahathir Mohamad and his wife Dr Siti Hasmah Mohd All yesterday donated foreign currencies and jewellery worth a total of 125,000 Malaysian ringgit (5554.412) to the Special National Fund. That's equivalent to eight times the premier's monthly salary 0fRM15,435.
          47 words
        • Article
          Time to invest: BOT
          136 18 THE Thai economy is turning the corner. At a seminar yesterday organised by the Trade Development Board updating on investment opportunities in Thailand, the Thailand Board of Investment (BOT) revealed that the country's Ql numbers show clearly that die International Monetary Fund reforms are working. Thailand's
          136 words
        • Article
          US$2.2b order:tell more,SIA
          78 18 WHY is Singapore Airline®, known for its transparency with shareholders, so reticent about its US&2 billion (553.6 billion) plan to buy 10 wide-bodied Airbus planes? For a start, SIA announced die purchase yesterday simultaneously with its results, drawing some attention away from the purchase itself. Moreover, its
          78 words
        • Article
          Directed cuts?
          108 18 THE biggest pay cuts for directors of listed companies so for are at Parkway Holdings, which saw the remunerations of its executive directors foil from $3.12 million in 1996 to 1879,000 last year. Non-executive directors'foes also fell from $260,000 to $254,000. Of course the company had suffered a
          108 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      199 8 Show Up At The Region's Most Established Building Event KISIBEX'9B The 16th Southeast Asian international Building and Construction Exposition The Hardware The Asian International Interior Design Asian Surfaces Exposition uflft Jfln The Ist Asian International Stone TechnotoQr Exposition ¥*Wm The 2nd Computer Show far the Des*n and Construction Industry 13
      199 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      71 9 help -J SAVE THE£rS< \\V, EARTH. W (And get paid for doing it) J] Give the Earth and other I Singaporeans a helping hand offer J someone a paid lift Wv to work each day! 1 1 To experience the rewards of saving 1 the environment call 1800-*****66 A iKj
      71 words
    • Advertisement
      Page 9 Advertisements Column 2
      3 9 today F"j II
      3 words
    • Advertisement
      Page 9 Advertisements Column 3
      74 9 20,000 Hotels at best buy rates St Europe j J Worldwide when you re looking for hotels and super prices For companies direct access to the worldwide hotel computer HOTEL RESERVATION SERVICE Fax 49 221/2077 666 e-mail: officer r hrs.de INGAp u ra ■property GUi D f I Over 1,000
      74 words
Page thumbnail Page 10
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      1489 11 SinGAPORE AIRLinES LIITIITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Diroctore of Singapore Airtnee Limited wwhee to make tw Mowing ennouncemert:1. AUDITED RESULTS FOR THE YEAH ENOED 31 MARCH 19W THEQROUP THE COMPANY i y-W 168*87 Changs 1967-69 1966-67 Chang* MM BSM S$M S$M R V U
      1,489 words
Page thumbnail Page 12
Page thumbnail Page 13
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      61 14 f Hello, C.A.T.S.IX Wow! I'd like to place an A buyer I love this car V advertisement to J I the very I that I found \sell my next day J I through I > > J' \l*he Straits Times# Sn* 1 whal a J cßf is The Straits Times
      61 words
Page thumbnail Page 15
Page thumbnail Page 16
Page thumbnail Page 17
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      794 18 BUSINESS vo// v v IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF JIA HENG EQUIPMENT TRADING PTE LTD (In Members' Voluntary Liquidation) Notice is hereby given, pursuant to section 308(2) of the companies act, cap. 50. that the final meeting of members of the above-named
      794 words
    • Advertisement
      Page 18 Advertisements Column 2
      78 18 and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout ceremony. It's another chance
      78 words
    • Advertisement
      Page 18 Advertisements Column 3
      100 18 In business, being at the right place at the right time with the right crowd is critical. Our Special Features can help you get there. The right place, because the editoral focus complements your advertisement. The right time, because our special features are specially planned to coincide with specific events,
      100 words
Page thumbnail Page 19
  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon It's time to consider flexi-work...
      1389 19  -  especially in the current economic climate. A few enlightened companies have already come up with ground-breaking work arrangements. tausuyeh looks at who they are and why their practices have yet to catch on TAN SU YEN POR four and a half days a week, Monica
      CHRIS LOH; ARTHUR LEE  -  1,389 words
    • STRAWS In The Wind
      • Article
        Advertising gimmick?
        93 19 WHEN times are bad, ingenuity rises to new heights. Or sinks to new depths, depending on which way you look at it. A small group of office workers, attracted by the double-boiled herbal soup featured in a set lunch promotion offer, arrived at the Orchard Road restaurant at
        93 words
      • Article
        Ah Beng talking
        86 19 A WOMAN was driving home along Pasir Ris beach when a man in a red car pulled up next to her and asked: "Where piss pot?" The woman was too startled to say anything, so the man repeated: "Piss pot, piss pot." Thinking he meant "passport", as
        86 words
      • Article
        Hard to please
        65 19 WHILE most motorists had to be satisfied with small boxes of tissue paper, a little girl struck it big and won $25 at a petrol company's "scratch and win" contest. The adults congratulated her, but she was downcast. Why? "I wanted the helicopter," she muttered, referring to
        65 words
    • PERSPECTIVE
      • Article, Illustration
        When technology creates a new Babel
        745 20  -  Silicon Valley is in the midst of creating a new dialect and code of morals as part of its developing techno-cnlture By Eric Ellis The writer is a San Francisco-based journalist who contributed this article to Executive Lifestyle THE PR lady at Security First
        745 words
      • Article, Illustration
        Lock icon Fast forward for the cyber-evangelist
        1328 20  -  Media Lab's Nicholas Negroponte tells victoria Griffith he is appalled by the poor quality of software now in the market and that he does not use Netscape anymore VICTORIA GRIFFITH FT WANT you to kffbw that I only give about three interviews a year, so
        FT  -  1,328 words
      • Article, Illustration
        Getting armed and ready for the Millennium Bug
        683 20  -  BOOK REVIEW Time Bomb 2000 By Edward Yourdon and Jennifer Yourdon Simon A Schuster 416 pagee, $29.87 Reviewed, by Raju Chellam "THE WORLD is divided into two categories: failures and unknowns," French poet Francis Picabia wrote in December 1950. The Millennium Bug,
        683 words
    • PURSUITS
      • Article, Illustration
        Art sale keeps up with trends
        738 21  -  Christie s Singapore auction of SE Asian works will feature collections with more realistic price estimates, reports siam jay SIAN JAY THIS may not seem like a particularly good time to be spending a small fortune on art, but collectors will be collectors, even
        738 words
      • Article
        Lock icon Good response to NY auctions of 19th Century European art
        556 21 Bac«HyrkMNtat Sotkeby'i; «&1m of USs47m chalked up at Cfcriatie'a Reuter A TWO-DAY sale of 19th Century European paintings, drawings and sculpture at Sotheby's in New York last week set record prices for a dozen artists and yielded a total of
        Reuter  -  556 words
      • Article, Illustration
        In search of our parents' gardens
        855 21  -  GARDENING The Climbing Lily and Cow Pea are among the plants that are in danger of vanishing By 1 Thien WHERE have all the flowers of old Singapore gone? Gone, one would imagine, with the old folks and homes... Like hunting for antiques, some
        855 words
      • Article, Illustration
        Lock icon A man who did things his way
        696 22 OBITUARY Frank Sinatra became a legend for his music, acting, and colourful personality Reuters (LOS ANGELES] Frank Sinatra, who died of a heart attack late on Thursday aged 82, did it his way. Once the idol of swooning female fans, he continued to
        Reuters; AFP  -  696 words
      • Article, Illustration
        Still not homeward bound
        711 22  -  CINEMA Thirty years after being hurled into the universe, the Robinsons continue to be Lost In Space without an interesting plot in sight Byl Susan Tsang LOST IN SPACE has the distinction of unseating Titanic from the top spot at the US box office alter 15
        711 words
      • Article
        Lock icon It's the year of the Americans
        560 23  -  CANNES FILM FESTIVAL From the president of the jury to the opening and closing films, their presence is strongly felt By Kenneth Turan LAT-WP [CANNES, France] THINK of this as the Morning After Festival, when the most celebrated film gathering in the world takes
        LAT-WP  -  560 words
      • Article, Illustration
        WHAT'S ON
        391 23  -  Compiled by M Yasotha MUMP SSO's Subscription Series: A Celebration of French Art Internationally acclaimed French pianist Pascal Roge is the guest soloist in Saint-Saens' Piano Concerto No 2 in G minor. Op 22. Also on the programme are Ravel's Alborada del gracioso, Dutllleux's Metaboles and Debussy's La
        391 words
    • EPICURE
      • Article, Illustration
        Rockpool still wows diners
        826 24  -  After almost a decade, Neil Perry's Sydney restaurant hasn't lost its lustre. jaxxb hb samples Rockpool's fusion fare and Wockpool's Chinese cuisine JAIME EE UNLIKE his fellow Anglo-Saxon Australians, Neil Perry grew up with exotic Oriental food, developing a taste for dried squid and abalone, braised
        826 words
      • Article, Illustration
        Perry's hands-on approach to inflight cuisine
        1059 24  -  Rockpool'i creations are now served in Qantas' first-class cabins. Next to be revamped is the economy-class menu By* Jaime Ee IT's a mission impossible that won't win the Nobel Prize or go down In history as one of mankind's greatest innovations. But the day
        1,059 words
      • Article
        The most sought-after wines of Napa Valley
        862 24  -  WINE CONNOISSEUR Recent tasting notes from four well-known vineyards in the region By\ N K Yong -BPOTTBWOODE This highly-regarded winery is run almost exclusively by women, headed by Mary Novak. She and her late husband Jack moved into St Helena in 1972, and
        862 words
    • Article, Illustration
      CINEMA
      761 25 AmlstiwL True story of Africans who revolt, then fight for their rights in court. R(A). Central. An American Werewolf In Paris. Tom Everett Scott meets Julie Delpy but doesn't realise she is howling bad news. Yishun, Tampines. Aa Good Aa It Gets. Jack Nicholson is a neurotic writer who
      761 words
    • Article
      ENQUIRIES AND BOOKINGS
      118 25 Cathay Org Cathay 336-3400 Eastshorl346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 ■ng Wall Empress 777-5967 Juttiee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Ooldan VHlaoa Bedok 443-2405 Bishan 353-8885 Boon Lay 792-2788 Broadway 454-9394 Majestic 533-9032 Marina 337-9488 Pavilion 786-5788 Tampines 8 786-5788 Tiong Bahru 274-6588 Yishun
      118 words
    • TRAVEL
      • Article, Illustration
        Lock icon An island sanctuary for busy Xiamen
        1081 26  -  Two imported traditions are still very much alive in Gulangyu, mask graham discovers MARK GRAHAM VISITORS taking a casual glance across the skyline of Xiamen would come to the conclusion that it has little to distinguish it from other thriving eastern-seaboard Chinese cities. There
        PHOTOS BY MARK GRAHAM FOR BT  -  1,081 words
  • Page 19 Advertisements
Page thumbnail Page 20
Page thumbnail Page 21
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      27 22 DIVA RESTAURANT --J I! VERY SPECIAL RATES! j CALL US TODAY! Buy It. Sell It. Find It. Classified, m Call Today For Results Tomorrow. I CAT& I
      27 words
    • Advertisement
      Page 22 Advertisements Column 2
      52 22 I My hubby can 1 n walk into -these I Oj -fcwojobs. No I o ANY JOD. ANY CAREER. AVAILABLE ANY DAY. ANY TIME. ANYWHERE. The Straits Times The Sunday Times Business Times the new paper lianhe zaobao lianhe wanbao Shin min Daily news berita harian berita minggu W Singapore
      52 words
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      380 23 Where to wine, dine and entertain. "t (fij as |l|gp'®® An AIl-You-Can-Eaft.. SrCainiftttT (PorrUfge; f <BuJJet Help yourself to moftshan 30 iUmptuous dishes... to 8° w ith steaming hot rice or plain rice. Friday to Sunday -6:3opm to 10 pm ADULT I CHILD $14 80t+ I $9®o++ *Phct subject to
      380 words
    • Advertisement
      Page 23 Advertisements Column 2
      43 23 I ISpW Discover the New look PINE COURT WHERE PINING IS TBULY A BEAUTIFUL EXPERIENCE For niwMui. pliiii trf m MM/MI MM ■Srtfer Kttffi 333 Orchard Road SinfADort tUMT CHINESE T?737 STr "®TAI*ANT Pine for Free in our Garden* y/| J. f ri'M»T^v7!^M
      43 words
Page thumbnail Page 24
Page thumbnail Page 25
  • Page 25 Miscellaneous
    • Miscellaneous
      Page 25 Miscellaneous Column 1
      712 25 MCOMMBWDED VIEWIIIO Underdog has Wsday cts Disney's magnificent tfhe Hudsucker Proxy, adaptations of A A olpm, Ch 3 Milne's tales about a boy Wilm-making brothers and his stuffed animal fcthan and Joel Coen friends: The Honey Tree, ;fbreate a 1950s fantasy Oscar-winner The ."about a country bumpkin Blustery Day, and
      712 words
    • Miscellaneous
      Page 25 Miscellaneous Column 2
      1510 25 TODAY'S TV 230 Littlest »00 AMTVSN 300 Ketchup 330 Salty's Lighthouse. 12.00 NNTV Innovations. U V IAA LOO PM Soccer: The FA Col- m lection Official His to- n i ry of the FA Cup (Last 800 Klab Klip (Last ep>. 5-30 Denver, The Last Dino--2.00 Basketball: NBA Jam I
      1,510 words
Page thumbnail Page 26
  • Page 26 Advertisements