The Business Times, 12 September 1998
1998-09-12
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The Business Times
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Title Section13 1998-09-12 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c SINGAPORE Internet: http://business-times.asial.com.sg/ WEEKEND EDITION, SEPTEMBER 12-13,199813 words
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Article67 1998-09-12 1 sn ***** (-11.81) BT-SRI 386j02 (-8.84) BTOOHP 658*1 (-5.07) satsa FUTURES 129.00 (-1.2) STOCK MARKET INDICES Friday Change KLSE COMP ***** -11.67 NIKKEI *****.98 -749.05 HANG SENG 7,678.48 -271.48 SET INDEX ***** -6.21 JAKARTA COMP 324.04 -3.23 MANUKA COMP 1,082.18 -1759 TAIPEI WPI 6,841.83 >38.00 SEOUL COMP 320.6167 words
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Article78 1998-09-12 1 FOBEX RATES us$ s$ L'S$ 1.724 £(l'S$/SS per 1.688 1911 DM 1684 1.024 YEN 131.1 1516* RM JJOO 0.454 HK$ 7.749 0.223 BAHT 46.71 0.042 RUPIAH 11.776 0.015* St to 100 units PRIME KATES SINGAPORE* 7.85 KllALA LUMPUR 11.50 JAKARTA .28.00 BANGKOK 14.75 MANILA .22.90 HONG KONG 10.25 TAIPEI78 words
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595 1998-09-12 1 Anthony Rowley - 0.8% contraction in second quarter is worse than expected From. Anthony Rowley in Tokyo THE Japanese economy is "standing next to a deflationary spiral" and "drastic action" might be needed to revive it, said Economic Planning Agency (EPA) minister Taichi Sakaiya in announcing595 words
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335 1998-09-12 1 Reuters Bloomberg [NEW YORK] Wall Street stocks yesterday snapped back from a nearly 100-point fall at the opening, to the relief of market watchers fearful of a plunge following the near freefall in Latin American equity markets the day before. DealersReuters; Bloomberg - 335 words
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Article660 1998-09-12 1 Ven Sreenivasan - By Ven Sreenivasan [SINGAPORE] Malaysian stocks traded on the Singapore over-the-counter market went through a volatile session yesterday as frustrated investors attempted to make sense of the twists and turns over the status of these stocks when trading in them ceases here at the end of660 words
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Article, Illustration584 1998-09-12 1 Slow Li Sen, Soh Tiang Keng - Maximum liability may not bejnst $100 as many thought By\ Slow Li Sen, Soh Tiang Keng [SINGAPORE] Several banks which issue Visa and Mastercard credit cards have quietly tightened up the maximum liability clause which limits to a nominal amount the liability borneFILE PHOTO - 584 words
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Page 1 Advertisements
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Advertisement153 1998-09-12 1 ntSTOE Hie heart is the matter Singapore has the dubious honour of having the highest cardiovascular death rate in Asia. Tan Su Yen looks at how we can reverse this trend, Pg6 ■are transactions The number of prftate property transactions in the last 5 years has been much higher than153 words
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Advertisement67 1998-09-12 1 A great way to relax |fl^o'7S jfr Ei ALPHONSO CHAN/ST [SINGAPORE] TTiis is Deputy Prime Minister Tony Tan feeling very much up in the clouds as he tries out the new in-flight facilities on a Singapore Airlines plane. The upgrade of the planes, costing more than $500 million, is part67 words
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Advertisement35 1998-09-12 1 Asia's Economic Slump, Pg 5 v> 'I' K lll B f ALFRED DUNHILL LONDON Thi: New City Scape Leather Collection RAFFLES HOTEL ARCADE THE PARAGON NGEE ANN CITY OUB CENTRE SOGO RAFFLES CITY I*lr i35 words
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CHANGE IN MALAYSIA
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Article, Illustration630 1998-09-12 2 Govt sees GDP picking up in Q4 and growing I>y 1% in 1999 Reuters [KUALA LUMPUR] Malaysia's economy will likely rebound from recession next year as new capital controls shield it from global economic turbulence, the new deputy governor of the centralReuters; FILE PHOTO - 630 words
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244 1998-09-12 2 AFX-Asia [KUALA LUMPUR] The president of the opposition Malay People's Party has warned that the crisis surrounding the dismissal of deputy prime minister Anwar Ibrahim may lead to a declaration of emergency. Syed Husin Ali said in a statement: "If the economic crisis worsensAFX-Asia - 244 words
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Article, Illustration621 1998-09-12 2 AFP [KUALA LUMPUR] Malaysia's ousted deputy prime minister Anwar Ibrahim vowed yesterday to keep fighting police allegations against him as he left his suburban neighbourhood for the first time in eight days. "I'm not afraid," Mr Anwar told an estimated 2,000 cheering supporters andAFP; REUTERS - 621 words
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470 1998-09-12 2 Fund managers scramble to reassess amid uncertainty Bloomberg [KUALA LUMPUR] Jardine Fleming Unit Trusts Ltd is writing down to zero all the Malaysian stocks in its JF Asean Trust for a year. Others foreign funds are likely to follow suit. Malaysia's currency controlsBloomberg - 470 words
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326 1998-09-12 2 Bloomberg (KUALA LUMPUR] Foreign companies planning to buy control of Malaysia's telecommunications companies won't be affected by the government's recent capital controls, said the country's Energy, Telecommunications and Posts Minister Leo Moggie. The controls are meant to curb "speculation, and (it is notBloomberg - 326 words
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509 1998-09-12 2 Lu Ning - Capital controls give it limited chance to undertake painful restructuring By] Lu Ning [SINGAPORE! Malaysia's newly imposed capital controls may only give it a limited window of opportunity six months perhaps for it to undertake some fundamental and painful restructuring, as they509 words
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Article355 1998-09-12 2 Reuters [TOKYO] Japanese officials and analysts are supporting the recent moves by Malaysia, Hongkong and Taiwan to step up capital controls to defend themselves from global speculators or erratic flows of short-term capital. In doing so, Japan is distancing itself from the strong US view thatReuters - 355 words
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FOCUS: PERSONAL FINANCE & INVESTMENT
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Article, Illustration1206 1998-09-12 3 Louis Beckerling - Many warrants are 'out of the money', and a study has unencouraging news for punters By Louis Beckerling [SINGAPORE] W f were much M A I in play on W Monday this H H week as M punters bet m/ on the day'sSource: TBS Research - 1,206 words
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Article, Illustration458 1998-09-12 3 Christopher Hunt - Christopher Hunt Head of Research Indosuez WI Carr Securities ii O EPT 1, 1998 will go down in history as kJ the day that Malaysia announced a set of rigid controls on the ringgit. The implementation of these capital controls and the pegging of the currency at458 words
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Article1746 1998-09-12 3 Next paMkatioa dale: October 10,1998 Source: Standard A Poor's Micropal kMk lad Satta lath l»r Ijn Ijw HrjH n/vr/M mmm nmm mmm mmm mmm umm mmm mmm mmm mmm mmm mi IuMm m it tag a. 1W 10 OZA) 1/1876 -1Z32 -17.77 -3621 -3445 -3856 -41361,746 words
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Article, Illustration824 1998-09-12 3 Louis Beckerling - Vtfnro By Louis Beckerling (SINGAPORE] Cut and run, or buckle up for a bumpy ride? This is the agonising decision facing Clob investors over the remaining two days of trading before the market closes next week. As our soon-to-be retired Clob portfolio shows, those whoSource: Bloomberg - 824 words
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SINGAPORE AT HOME & ABROAD
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581 1998-09-12 4 Diana Oon - Discrepancy arises from type of caveats captured by USA in quarterly statistics Ky Diana Oon FIGURES unveiled in Parliament last week show that the number of private residential property transactions in the past five years has been much larger than market581 words
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373 1998-09-12 4 Siow Li Sen - But analysts expect them to follow UOB's move soon By I Siow Li Sen NO other bank yesterday followed United Overseas Bank's prime rate cut of a quarter percentage point, announced on Thursday, but analysts say it is only a matter373 words
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502 1998-09-12 4 Carol Eng - It lets people chalk up points in different stores, across region By Carol Eng THE first regionwide customer loyalty programme which cuts across retailers and all payment methods will be rolled out in Singapore and Asia over the next 18 months,502 words
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Article, Illustration407 1998-09-12 4 Jennifer Lien - By, Jennifer Lien THE United States is committed to staying in Singapore and boosting investments and business ties, US Undersecretary of Commerce David Aaron said yesterday. Speaking to reporters following a speech to the American Chamber of Commerce, Mr Aaron said: "We areSIEW YAW HOONG - 407 words
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354 1998-09-12 4 Soh Tiang Keng - ity Soh Tiang Keng HIT by investment losses, Unity NTUC Healthcare has reported a group deficit of $2.1 million for the financial year ended March this year. But the cooperative's core business of retail pharmacy remains sound, assured board of354 words
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251 1998-09-12 4 Jenny Lam - By. Jenny Lam HOMEGROWN Vista Healthcare Asia has opened a medical clinic in Metro Manila the first of a planned $2.4 million chain of six such centres in the Philippine capital. Vista Healthcare is believed to be the first major Singapore healthcare251 words
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315 1998-09-12 4 David Boey - No nnmbers given but management staff included By David Boey US telecommunications giant Motorola has laid off more staff from its Singapore plants under its "voluntary severance programme" or VSP. Unlike the first round of layoffs in June this year which saw315 words
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185 1998-09-12 4 THE Trade Development Board is planning some 57 missions over the next six months to help companies diversify their markets. TDB hopes the missions will help firms meet potential business partners to market and distribute their products, help them understand185 words
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Page 4 Advertisements
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Advertisement50 1998-09-12 4 Make mountains out of molehills. iJfL With so many fine educational and upgrading opportunities in The Straits Times Classified daily, it's no wonder our readers are inspired t0 scale the heights of knowledge. Advertise in the Education/ Training section (Classifications 703 to 794). i < Call C.A.T.S. at 1800-737-1166. J50 words
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ASIA'S ECONOMIC SLUMP
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411 1998-09-12 5 AFP Reuters [JAKARTA] Indonesia's PT Bank Dagang Negara (BDN) yesterday questioned the fairness of a government proposal to merge it with three other banks, which it said would leave only one of the banks as a "survivor". Indonesian Finance Minister Bambang Subianto toldAFP; Reuters - 411 words
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590 1998-09-12 5 Alan Boyd - Prom, Alan Boyd in Bangkok COMMERCIAL banks in Thailand pledged earlier this week to work towards lower lending rates after the government appeared to rule out a return to tight monetary policies. The Thai Bankers' Association said its priority in the fourth quarter590 words
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245 1998-09-12 5 AFP [JAKARTA] Indonesia has no intention of following Malaysia's example and imposing foreign exchange controls, having tried them in the past and found them ineffective, the central bank governor reaffirmed in remarks published yesterday. "We've already had that experience before and it didn'tAFP - 245 words
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Article, Illustration663 1998-09-12 5 Shoeb Kagda - Move a bid to ease frustration of poor over surge in price of rice hYoh Shoeb Kagda j in Jakarta THE Indonesian government, in a bid to diffuse the rising frustration among the country's poor against the sharp increase in the priceFILE PHOTO - 663 words
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622 1998-09-12 5 Harish Mehta - Downgrade will hit USs6.7b worth of debt already issued Reports by Harish Mehta in Bangkok IN a devastating blow to Thailand's beleaguered banks, Moody's Investors Service yesterday downgraded the long-term debt and financial strength ratings of six Thai banks and financial institutions, a622 words
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295 1998-09-12 5 THAI banking authorities have not intervened in the affairs of two troubled commercial banks owned by powerful interests, as the regulators did not wish to be seen to be in conflict with them, Moody's Investors Service asserted yesterday. Moody's said Siam Commercial Bank,295 words
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Article308 1998-09-12 5 Ex-SEHK boss says more teeth needed in regulations Reuters [HONGKONG] The Asian financial crisis had shown the openness of Hongkong's financial markets, their vulnerability and the need to put more teeth into local regulations, a former stock exchange chairman said yesterday. "The effects of the AsianReuters - 308 words
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Page 5 Advertisements
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Advertisement73 1998-09-12 5 Hiame Meett he George Soros B Raymond Quah of Ang Mo Kio leads in The Game, the investment competition from Standard Chartered. His trust portfolio has by 24.2%" to over $31,000. Follow the fortunes of Raymond and the other players in the weekend edition of The Business OI )HS ASSF.T73 words
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REGION
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Article, Illustration656 1998-09-12 6 Shoeb Kagda - Abri chief warns that military will deal harshly with trouble-makers Frort Shoeb Kagda rri Jakarta JAKARTA was quiet but tense yesterday as security forces foiled a plan by student activists to stage a massive demonstration at the Parliament building. Defence Minister andREUTERS - 656 words
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Article, Illustration318 1998-09-12 6 BANGKOK Reuters MYANMAR'S military rulers have signalled they will not deport or arrest opposition leader Aung San Suu Kyi, an Asian diplomat based in Yangon said yesterday. But the military has indicated it would use all other means available to block her National LeagueReuters - 318 words
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431 1998-09-12 6 KUANTAN AFP DESPITE reservations from China and Japan, Apec plans to reduce tariffs on gems ranging from pearls to imitation jewellery to between zero and 5 per cent by 2005, officials said. "Compared to other sectors, the total number ofAFP - 431 words
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341 1998-09-12 6 JAKARTA Two bankers held in probe into misuse of govt loans Bloomberg AFP INDONESIA'S highest legislative body could summon former president Suharto to account for his past policies when it convenes a special session in November, reports said yesterday. "The possibilityBloomberg; AFP - 341 words
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245 1998-09-12 6 PHNOM PENH Dissidents told to convene National Assembly on Sept 24 AFP CAMBODIA'S King Norodom Sihanouk and the powerful army yesterday warned opposition leaders to honour the July 26 election results and avoid a constitutional crisis or face severe consequences. In separate statements directed at oppositionAFP - 245 words
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420 1998-09-12 7 BEIJING Expenditure on roads rises 82% in first 8 months, to help meet 8% target Reuters CHINA has boosted its investment in infrastructure projects to show its determination to meet its 8 per cent economic growth target, state media said yesterday. Spending onReuters - 420 words
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Article, Illustration195 1998-09-12 7 BEIJING Reuters CHINA has discharged more than 100,000 soldiers as part of a plan to slim down and modernise the People's Liberation Army (PLA), the People's Daily said yesterday. The troops, taken from rank-and-file, included many who were released before their normal term of duty hadReuters; REUTERS - 195 words
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Article, Illustration355 1998-09-12 7 HONGKONG Reuters A HONGKONG-based human rights group reported that China had said it might let dissidents establish a pro-de-mocracy opposition party, but China was quick to reject the report yesterday. The Information Centre of Human Rights and Democratic Movement inReuters - 355 words
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325 1998-09-12 7 BEIJING AFP CHINA'S trade surplus will help ensure its currency, the yuan, remains at current levels against the US dollar despite the effects of the Asian financial crisis, reports said yesterday, "The trade surplus, huge reserves of foreign exchange and increasing exports haveAFP - 325 words
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305 1998-09-12 7 SEOUL or there could be 'irrevocable consequences' AFP NORTH Korea said it will keep a close eye on the US to see if it sticks to a deal to supply the communist state with heavy fuel which was reconfirmed in talks thisAFP - 305 words
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Article, Illustration330 1998-09-12 7 CANBERRA Morgan shows 43% support for Beazley, 37.5% for Howard Bloomberg THE Australian Labor Party extended its lead over the ruling Liberal Party-National Party coalition in the run-up to the Oct 3 election, according to the latest Morgan opinion poll. Labor, ledBloomberg; REUTERS - 330 words
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Page 6 Advertisements
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Advertisement143 1998-09-12 6 6- nK $48. At Le Meridien o// jw// llcccmbei to hold \oin Dinna and Dance. I s/id in the f>arl\ mood e/niieimid ei/jox sbecial rates when \oit hool; tin lestn'e I'acluige. \\r dress lift the llallroow with festive decor, trinfjl xoit with a sumhtuoiis weal: ('.h/ne.se m Western Set oi143 words
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Page 6 Miscellaneous
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Miscellaneous158 1998-09-12 6 CBTPTIC CROSSWORD 31 Greek maid seen in Naples charge (9) YESTERDAY'S SOLUTION and Rome dashing about (9) 15 Declines sound paving mate- I Ibteß DOWN rial (9) wjJB 2 Sang when upset (6) 16 Short light piece of music 3 An end to push being used (6) a mere trifle158 words
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Page 7 Advertisements
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Advertisement37 1998-09-12 7 J„. Jcje-OU J, (chtionaf Jatte ojj J}a pan /j /Recaptured in Otam J Original^^Jdome-made J) H f Japanese Kireen _Jeci q lit oonca I 2 e J J iitumu v'i a <fv h u V i I37 words
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THE WORLD
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546 1998-09-12 8 WASHINGTON Largest 7-month drop; inflation kept at bay by falling commodity prices Bloomberg PRICES paid to US factories, farmers and other producers registered the largest drop in seven months in August, the latest evidence falling com--4 modity prices are holding in- flatBloomberg - 546 words
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Article454 1998-09-12 8 MOSCOW His lack of track record raises concerns over ability to tackle crisis Bloomberg AFP RUSSIA'S lower house of parliament confirmed Yevgeny Primakov as prime minister yesterday. However, Mr Primakov's announcement that he will appoint a communist as his deputy raises concerns that his governmentBloomberg; AFP - 454 words
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270 1998-09-12 8 PARIS AFP Bloomberg A LEADING US economist has called on International Monetary Fund head Michel Camdessus to resign over the Fund's poor handling of the Russian economic crisis, saying the IMF's actions had contributed to the chaos. Jeffrey Sachs, director ofAFP; Bloomberg - 270 words
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233 1998-09-12 8 LONDON UK scientists see a US$2l b market for the device AFP A REVOLUTIONARY new device which would diagnose patients and prescribe them drugs by their breath is being developed by British scientists, who are eyeing a potential worldwide market of US$2l.7 billion (5537.4AFP - 233 words
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898 1998-09-12 8 Leon Hadar - US-style coop d'etat begins but Clinton may yet pull through hYoi Leon Hadar in Washington IN some political systems, it is the images of tanks on their way into the capital city that mark the start of the process of overthrowing the898 words
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Article, Illustration458 1998-09-12 8 WASHINGTON Bloomberg THE US House of Representatives moved towards release of independent counsel Kenneth Starr's report yesterday as President Bill Clinton issued his most sweeping apology to date, saying he had sinned and asking for forgiveness from Monica Lewinsky and her family.Bloomberg; REUTERS - 458 words
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Page 8 Advertisements
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Advertisement43 1998-09-12 8 I nana Wfeafcee 1 If it's time you take a break, explore the Travel Section in the Classified. Whether it's a leisurely cruise, a free 'n' easy adventure, or a convenient packaged tour, visit classifications 570 to 599 for a wide choice. CATA43 words
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COMAPNIES & MARKETS
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Article, Illustration551 1998-09-12 9 Jenny Lam - Group suffers $151.5 m interim loss; may exit property scene altogether By, Jenny Lam [SINGAPORE] Delgro Corporation yesterday reported a whopping $176 million in write-offs for its investments and property projects and may quit the property sector altogether. As aFILE PHOTO - 551 words
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Article316 1998-09-12 9 Jenny Lam - By, Jenny Lam [SINGAPORE] Property group First Capital Corporation (FCC) has stunned the market with a $23.2 million loss for the year ended June 30, 1998, compared to a $136.4 million profit a year ago. FCC's bottomline was eroded by a $101.4 milliori provision316 words
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438 1998-09-12 9 Eugene Low - Bnt it's highly unlikely to be in red, says CEO By\ Eugene Low [SINGAPORE] Singapore Airlines expects a dramatic reduction in profit this financial year. SIA deputy chairman Cheong Choong Kong yesterday said: "Times are bad, and the airline's profits will438 words
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370 1998-09-12 9 Audrey Tan - By. Audrey Tan [SINGAPORE] Singapore Airlines (SIA) must expand its revenue base and market share to compete with American and European airlines, even in these difficult times, Deputy Prime Minister Tony Tan said yesterday. Speaking at SlA's product launch last night, Dr Tan370 words
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707 1998-09-12 9 Russell Baker - HOCK LOCK SIEW Russell Baker IT was only a matter of time before Australia's wealthiest citizen Kerry Packer stepped in to help his mate Lloyd Williams and save Melbourne's troubled Crown casino. Crown desperately needed to reduce its high debt707 words
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340 1998-09-12 9 Diana Oon - By\ Diana Oon [SINGAPORE] The management of Scotts Investments (Singapore) (SIS), the investment vehicle of the Jumabhoy family, has petitioned for the company to be put under judicial management. The petition, filed in the High Court on Wednesday by the firm's lawyers Rajah and Tann,340 words
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Article, Illustration372 1998-09-12 9 Russell Baker - He'll inject As42sm for 50% of casino's net cash flows From Russell Baker in Sydney AUSTRALIA'S richest man Kerry Packer has come to the rescue of the troubled Crown Ltd, the owner of Melbourne's Crown casino, by agreeing to inject A 5425 million (Ss44o million) intoREUTERS - 372 words
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223 1998-09-12 9 Bloomberg [SINGAPORE] Vickers Ballas Holdings, already on track {o become Singapore's largest listed brokerage by year-end, will buy a 49 per cent stake in Malaysian brokerage Malpac Securities Sdn Bhd for no more than 100 million Malaysian ringgit (5545.4 million). "TheBloomberg - 223 words
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SINGAPORE & MALAYSIAN COMPANIES
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598 1998-09-12 10 Quak Hiang Whai - HKs2s6m provisions for long-term investments, fall in ad revenue cited From Quak Hiang Whai i n Hongkong ROBERT Kuok's South China Morning Post (Holdings) yesterday reported lower than expected results for the year to June 30, 1998, dragged down by provisions on its598 words
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Article161 1998-09-12 10 Bloomberg [SINGAPORE] Osprey Maritime, which owns and operates vessels for the oil and gas industry, said first-half profit plunged 49 per cent. Profit for the six months ended June 30 fell to US$4.3 jnillion (557.4 million), or 1.61 Singapore cents a share, from }US$B.4Bloomberg - 161 words
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457 1998-09-12 10 Bloomberg [WELLINGTON] Brierley Investments Ltd's shares fell as much as 10 per cent to an all-time low after the company wrote down the value of its assets by NZ$l.l9 billion (Ssl.l billion), reflecting poor investments, and said it won't pay aBloomberg - 457 words
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256 1998-09-12 10 Oil rig demand seen slowing, stock regarded as costly Bloomberg {SINGAPORE! Jurong Shipyard Ltd shares fell as much as 11 per cent yesterday amid concern that the dimming Outlook for oil rig demand would hurt the ship and rig repair company's profits and asBloomberg - 256 words
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331 1998-09-12 10 AFP [HONGKONG] Hongkong tycoon Li Ka-shing's flagship Cheung Kong (Holdings) Ltd has sold its stake in a massive commercial complex in Beijing to affiliate Hutchison Whampoa, it was reported on Thursday. Hutchison will become the largest shareholder in the Beijing Oriental Plaza followingAFP - 331 words
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Article90 1998-09-12 10 Reuters [HONGKONG] A block of 60 million Shangri-La Asia Ltd shares was traded yesterday at HK$5 each, brokers said. A Shangri-La Asia executive told Reuters she was not aware of any major share transaction of the company's shares and any major changes in shareholding would beReuters - 90 words
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COMAPNY Briefs
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Article72 1998-09-12 10 [SINGAPORE] Zagro Asia yesterday announced a 51 per cent plunge in after-tax profits to $832,000 for the half-year ended June 30. This was on the back of a 15.2 per cent drop in turnover to $31.6 million. Earnings per share fell to 0.7 cent, from72 words
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47 1998-09-12 10 Enersave posts 2.2m first-half profit [SINGAPORE] Newly-listed Enersave Holdings yesterday posted after-tax profit of $2.2 million for the six months ended June 30. Enersave said turnover was $41.8 million, earnings per share were 26.7 cents and net tangible asset backing per share $1.46. No dividend was declared.47 words
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Article67 1998-09-12 10 [SINGAPORE] Meiban Plastic's after-tax profits at half-time dived 64 per cent to $546,000. The fall was despite a 7.6 per cent rise in turnover to $13.4 million. The plastic injection moulder's earnings per share was 0.63 of a cent, compared to 1.76 cents a year earlier.67 words
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29 1998-09-12 10 [SINGAPORE! Inno-Pacific Holdings has appointed Yin Kum Choy executive director with immediate effect. Wong Wai Kin has also joined the board as non-executive director.29 words
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45 1998-09-12 10 [SINGAPORE! Electronic Resources' substantial shareholder Denis Low Siew Kheng has bought one million shares in the company in a married deal at an average price of 52.5 cents a share. The purchase brings his stake to 3.976 per cent.45 words
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61 1998-09-12 10 [SINGAPORE! Roly International Holdings has completed the purchase of Linmark Westman International and its subsidiaries, a buying agency group, from Hudson's Bay Company of Canada. The stake in Linmark is held via wholly-owned subsidiary Roly International (BVI) Ltd. Roly also announced separately that Joseph King61 words
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92 1998-09-12 10 AFXAsia (MANILA) The First Pacific Group, San Miguel Corp chairman Eduardo Cojuangco and a consortium led by businessman Gregorio Araneta are among the major groups planning to take over Philippine Long Distance Telephone Co, The Inquirer reported, quoting sources. The sources said Mr Cojuangco "appearedAFXAsia - 92 words
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Article, Illustration57 1998-09-12 10 [TOKYO] Omron Corp's pet robot project team leader Toshihiko Tajima playing with the robotic cat "Tama "at a press preview in Tokyo yesterday. The 1.5 kg robot can meow when annoyed, purr when stroked, open and close its eyes, move its paws, wag its tail and look cautiouslyAFP - 57 words
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343 1998-09-12 10 HK China Gas interim gain rises 17% to HK$ l.3b Bloomberg [HONGKONG] Hongkong and China Gas Co Ltd, a unit of Henderson Investment Ltd, announced yesterday firsthalf net profit of HK$l.34 billion (Ss29B million), 17 per cent more than during the first half of 1997 and more than many analystsBloomberg - 343 words
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390 1998-09-12 10 Some shareholders say the 23 rand per share deal is too low Bloomberg [KUALA LUMPUR] Petroliam Nasional Berhad, Malaysia's state-owned oil company, said it has received approval from South Africa's Reserve Bank for its offer to buy shares in Engen Ltd thatBloomberg - 390 words
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COMPANIES
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528 1998-09-12 11 Earlier, carmaker raised interest in broker, is mulling over Sakura stake Reuters [TOKYO] Toyota Motor Corp yesterday sank its teeth further into the financial sector, biting off an extra 10 per cent chunk of a mid-sized Japanese non-life insurer and feeding speculationReuters - 528 words
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329 1998-09-12 11 Intel sees improved sales, NS posts lower than experted loss NYT [SAN FRANCISCO] After recent warnings that earnings would be hurt by economic turmoil in Asia and other markets, two giants of the semiconductor industry offered slightly more upbeat announcements on Thursday, suggestingNYT - 329 words
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280 1998-09-12 11 Bloomberg [AMSTERDAM] Heineken NV, the world's second-larg-est brewer, said first-half net profit rose a better-than-ex-pected 28 per cent, boosted by the US dollar's strength and by acquisitions. Heineken shares surged as much as 7.4 per cent yesterday as net income inBloomberg - 280 words
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314 1998-09-12 11 AFP [TOKYO] Japan's Toshiba Corp said yesterday that its group would plunge into the red for the first time in 23 years for the six months to September and only break even in the year to next March. In theAFP - 314 words
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197 1998-09-12 11 Bloomberg [NEW YORK] Globalstar Telecommunications Ltd stock fell 40 per cent and its bonds tumbled almost 20 per cent on Thursday after a rocket carrying 12 of its satellites crashed in Kazakhstan, delaying the start of its global telecommunications system. The company's shares fellBloomberg - 197 words
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Article, Illustration93 1998-09-12 11 [NEW YORK] Robert Wisnieff posing in an undated photo with a new computer display developed by IBM. Mr Wisnieff is the leader of the IBM research team that developed the flat-panel display that allows users to see text and images with 200 pixels per-inch clarity that is virtuallyREUTERS - 93 words
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Article382 1998-09-12 11 Tie-up with KLTCB will create S Korea's biggest bank Reuters [SEOUL] South Korea's Kookmin Bank and Korea Long Term Credit Bank yesterday said they were merging in a US$74 billion (*****.6 billion) deal that would create the country's biggest bank. Presidents Song Dal HoReuters - 382 words
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228 1998-09-12 11 Bloomberg [REDWOOD SHORES, California] Oracle Corp said fiscal first-quarter earnings rose 30 per cent, beating expectations as strong growth of its database products buoyed results at the world's largest database software maker. Oracle's net income was US$l95 million (*****.1 million), or 20Bloomberg - 228 words
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FINANCE & COMMODITIES
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504 1998-09-12 12 Citibank plans to donble its private-banking staff by next year Bloomberg [TOKYO] Bank of Tokyo-Mit-subishi Ltd, Japan's largest bank, and three other financial giants of the Mitsubishi business group will form a joint venture to rate and market mutual funds, the companies saidBloomberg - 504 words
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377 1998-09-12 12 Paper pats bank's bad and risky loans at2.6tyenasat end-March Reuters AFP [TOKYO] Fuji Bank Ltd said yesterday that the bank has been considering measures to boost efficiency and profitability but has not decided on any details of a new restructuring plan. TheReuters; AFP - 377 words
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Article, Illustration485 1998-09-12 12 USS/mark: The greenback started the week on a weak note touching a low of 1.7128 before climbing to a high of 1.7435 by Wednesday. However USS/mark barely stayed above the 1.7400 level for more than two hours before heavy selling interest drove the unit to close atSource DCS Bam - 485 words
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263 1998-09-12 12 Reuters [FRANKFURT] The head of Germany's largest bank said on Thursday that banks in Germany, France and Italy faced huge consolidation and that a trend towards specialisation should fuel the process. Rolf Breuer, chief executive of Deutsche Bank AG, said he expected thatReuters - 263 words
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285 1998-09-12 12 SMEZBeport Reuters (SINGAPORE] Simex Eurodollar and Japanese government bond (JGB) futures rose yesterday as skittishness over global equity markets drove funds to look for safer havens. "Dow Jones fell some 250 points overnight and I suspect this could spur Greenspan to ease rates sooner,"Reuters - 285 words
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Article173 1998-09-12 12 Cecilia Loh - MSCI TAIWAN FUTURES Cecilia Loh service dealer, Refco Singapore THE Simex MSCI Taiwan Stock Index futures saw a minor correction, gaining 3.2 points. The stock index surged 38 points to 6,841.83 in late session, wiping out early losses on optimism that Taipei will take173 words
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Article198 1998-09-12 12 ENERGY REPORT Reuters [LONDON] Oil prices shed early gains yesterday as the threat of a global economic slump aggravated fears of a renewed downturn in demand. Benchmark Brent crude futures slid from an intraday high of U5513.74 back to U5513.26 a barrel by 1504Reuters - 198 words
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Article287 1998-09-12 12 AFX-Asia AFP London THE dollar was mixed in afternoon trade, trading slightly firmer against the yen but lower versus the mark, amid a lack of clear direction from Wall Street, dealers said. Instead of boosting confidence, Wall Street's reversal of its early losses to trade in positive territoryAFX-Asia; AFP - 287 words
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Article, Illustration1264 1998-09-12 12 nfTERBAME CROSS RATES Sepll AS C$ ftwb ECU Ffr P« HK$ tad Its Nfieti Yen 9m *U Pit ts Peso S$ Uwd Sir ltT$ 8a»t Nw< ImtrJu 0.9ft 6.178 0.515 1392 1012 4.657 ***** 70.762 0.788 8212 2284 182 ***** ***** 103ft 3.783 0330 20.739 21*1 0.354 6301 Canada 1.0981,264 words
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Article1822 1998-09-12 13 SICOMrOTPBBS RUBBER (fuhirwcioiwn «sttS.30*n) n RSS1 CONTRACTS cwrts/kf) Ctow Vol dm OjjM Month High Low Sott (tows) hrtggj Oct 98 W.50 JJo KS K 125 75 1950 S&5 S3 MS 3 CONTRACT (UJcwtiAq) V< Htmtti HI9I1 low s«tt (tows) Oct 98 JJ-JJ 2890 Nov 98 S 3105 SSZ»1,822 words
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Article2254 1998-09-12 13 LONDON Mvstrilh Soli huti *h 31 Group 475.000 -7.400 AB Ports 257.400 -5.600 Abbey National 1123.000 1.620 Allied Domecq 465.000 -27.000 Amec 151.000 -2.000 Auto Group 185.000 6.600 BAT Ind 455.000 5.000 BG PIC 363.000 6.400 B1CC 80.000 -0.600 BOC Group 758.000 11.400 BR Petroleum 796.000 -7.4002,254 words
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Article1623 1998-09-12 13 Bloomberg t lamas -748.06 JAPAN'S benchmark stock index sank below 14,(XX) for only the second time in 12 years as another plunge on Wall Street and gloomy earnings forecasts at Toshiba Corp compounded anxiety over the nation's fragile economy. Toyota Motor Corp, Sony Corp and Bank of Tokyo-Mitsubishi LtdBloomberg - 1,623 words
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Article, Illustration1455 1998-09-12 14 Reuters AFP Q Hang Seng -271.48 STOCKS closed sharply lower yesterday, dragged down by tumbles on Wall Street and in Tokyo, brokers said. Property counters suffered most on fears of a renewed price war in Hongkong, they said. The Hang Seng Index fell 271.48 points to finish at 7,578.48.Reuters; AFP - 1,455 words
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Article, Illustration559 1998-09-12 14 Reuters QShenzhen Blndex -<MN) SHENZHEN'S hard currency B shares closed lower yesterday, shadowing losses on the neighbouring Hongkong stock exchange, analysts said. The B Share Index shed 0.60 of a point to 62.80 on turnover of HK$ll million. Hongkong's influence has been fairly strong in the past few days,"Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd - 559 words
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Article349 1998-09-12 14 AFP QwPliKha ****** TAIWAN share prices closed 0.6 per cent higher yesterday on late buying of low-priced blue chips, dealers said. The Weighted Prices Index rose 38.00 points to 6,841.83, following a 1.3 per cent drop on Thursday. "Late buying of large-cap low-price construction, plastics and cement shares reversedAFP - 349 words
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Article, Illustration728 1998-09-12 14 AFP Q Composite Index -3^3 INDONESIAN shares closed one per cent lower yesterday on regional weakness and lack of fresh incentives, dealers said. "There are a few things to worry about," an institutional sales representative at a Hongkong brokerage said. "For one thing, we have to watch the politicalAFP - 728 words
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Article, Illustration766 1998-09-12 14 AFP n SET Index -&21 THAI share prices fell 2.8 per cent yesterday in line with a plunge on major overseas markets and on Moody's decision to downgrade ratings on six Thai financial institutions, analysts said. "Major factors which depressed the market were weak overseas markets and a sell-offAFP - 766 words
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Article296 1998-09-12 14 AFP CI Manila -17.99 PHILIPPINE share prices fell 1.6 per cent yesterday to their lowest level in almost seven years as foreigners unloaded their shares. The Composite Index fell 17.99 points to close at 1,082.18 points. Volume rose to 454 million shares worth 706 million pesos. Philippine Long DistanceAFP - 296 words
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Article410 1998-09-12 14 AFP C 3 Composite Index -1534 SOUTH Korean stocks plunged to close 5.4 per cent lower, battered by dramatic falls on world markets and by investors cashing in the previous day's gains, dealers said. "Markets all over the world are facing hard times, and we seem to be followingAFP - 410 words
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Article591 1998-09-12 14 AFP n All Ordinaries -58.00 AUSTRALIAN shares plunged 2.3 per cent yesterday, engulfed by the negative sentiment which also sent the Japanese bourse on a downward spiral after a sharp fall on Wall Street. The All Ordinaries Index fell 58 points to 2,468.3. The All Industrials Index dived 111.5AFP - 591 words
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Article251 1998-09-12 14 AFP n Wellington -33J9 STOCKS closed 1.9 per cent lower yesterday, depressed by the plunge on Wall Street overnight, dealers said. The NZSE-40 Index lost 33.19 points to 1,727.57 on turnover of NZ$B2 million. Telecom Corp was down 13 cents to NZ57.32. AMP lost eight cents to NZ$24 -AFPAFP - 251 words
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KUALA LUMPUR STOCK MARKET
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Article8407 1998-09-12 15 INDUSTRIALS Cmswmt products 1998 Last V« 0.V rT MNfc L— ummm *f -OOP L« 310 170 AHnomoto 215 -14 2 215 2« SM) 148 35 Angkasa 59 -1 73 60 58 70(J 290 123 Apollo Food Hlg 175 10 1 '75 175 1247.8 388 108 Ber|eyaLand 180 -6 48 808,407 words
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Article, Illustration407 1998-09-12 15 Bloomberg J Composite Index -11.67 STOCKS fell yesterday, led by power utility Tenaga Nasional Bhd, on concern foreigners will resume the selling that dragged the key index down on Tuesday, for its biggest one-day decline ever. The Composite Index dropped 11.67 points, orBloomberg - 407 words
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WARRANTS & OPTIONS
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Article3289 1998-09-12 16 10NM, LOANS ft WAMANTS H** U. StHO Corner W r00 5 55 1 23.S 3.5 m 3000 m AM08 c5.5%*****6 S 4 4 4 55 20.5 3 3160 *Acar ******1 US$ 4 2S 6 6 5.5 6 95 5 3164 Acma ******4 6 ♦O- 5 25.® 39 3161 AIITach ******73,289 words
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162 1998-09-12 16 R Sivanithy - WARRANT WATCH -By R Sivanithy TODAY we pick up on the same theme as yesterday, where we wondered whether Clob's closure will benefit local penny stocks. Already there are signs of this happening Sesdaq has risen twice in a row in a generally weak market,162 words
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Article2487 1998-09-12 16 Transaction date Sep 11 J Malaysia* stocks Or Or 19M Last Vol Day La*t Ouott Wv Otv YM Hat M Cap High Lao ttno Cawipany SaH TOOO) High Law Buyar Safcr H C*»r P/I %rr# 135 22 msSOOO AIS8 50C 25 -2 1023 25.5 22 24.5 25 5.02,487 words
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6116 1998-09-12 17 A High Law StHa Company W« *b r000> MULTMNMISTIY 27 5 0 24 1 40 ,0 56 142 49.5 m t WOO Acme 50c 57 »5 43 57 515 46 333 J 65.5 38 a 1217 AINanc*Tech 49 11.5 12 ***** 36 8 10936,116 words
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Article1254 1998-09-12 17 Gr Or M wt •99* Lnt Vol Day Last Ouott IN* Dlv YM Not Cap Avq Htfh Low StNo Company SM COOP) Wfh Low Byyor Sailor C'vr P/C $m« Piico manufacturmo 243 30 2049 AS Auto tOc 62 Cd *6 2252 64 55 613 62 I5.0N 7.0 2.4 5.81,254 words
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STOCK EXCHANGE OF SINGAPORE
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Article197 1998-09-12 18 Stacks V4m» •Pub Bk Foreign 10,259,000 •Renong BhO 50c K),238,000 *Muipha IntlSOc 8,441.000 *MBf Capital 8,437,000 Pertama25c 8,240.000 Keppei Land 50c 7.976.000 •MBf HWgs 50c 7.081.000 KLWHWgsKJc 6.862.000 'Magnum Corp 50c 6.777.000 Stacks S DBS Foreign J 24,225.795 OCBC Foreign Lv 13.450,700 SingTel 15c 10,070,340 SJA Foreign 7,027,080 UOB Foreign197 words
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Article, Illustration734 1998-09-12 18 R Sivanithy - STOCK MARKET COMMENTARY Traders ignore UOB prime rate cat; Sesdaq continues to benefit from interest in local penny stocks By R Sivanithy [SINGAPORE] Wall Street worries yesterday added to the already high tension levels in the local stock market brought734 words
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ON THE GRAPEVINE
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Article103 1998-09-12 18 THE report recently released by Jack Chia-MPH for its financial year ended March 31 has embraced a refreshingly new approach. The company's annual report, titled Family Values, comes in a compact paperback format with cheerful cartoons and double-spaced text. Danai Chiarapurk (Donald Chia), chairman of103 words
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Article115 1998-09-12 18 AS markets get rougher and tougher, it's not that hard to figure that there'll be much less fat left over for charitable causes. But Canadian bank CIBC told us recently that it has this annual event in which it organises fund raisers to collect money115 words
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Article93 1998-09-12 18 IF you're looking for a defensive sector in these tough times, consider this—there's always the washing and cleaning up to do. A recent exhibition on industrial textile and cleaning called Texcare Asia "exceeded all expectations", says a press release from its organiser, Messe Frankfurt. Around 10093 words
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Article96 1998-09-12 18 GET this. There are Internet investment sites catering specially to women investors. One of them, called Cassandra's Revenge (www.cassandrasrevenge.com), explains that women investors are supposed to be more vulnerable to money problems than males (no kidding?). On the other hand, women are "uniquely oriented to investing" (huh?). Here's96 words
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Article, Illustration66 1998-09-12 18 Van Sreenivasan - -by Van Sreenivasan THE stock of Natsteel Electronics is close to its 52-week high of $3.60, while the trading volume is less than half its 10-day average of 639,000. The Relative Strength Index is neutral, while the other technical charts show that the momentum is fizzling out. This66 words
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Page 9 Advertisements
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Advertisement13 1998-09-12 9 The Straits Times CLASSIFIED Where buyers and sellefs meet Sell your old clothes.13 words
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Page 10 Advertisements
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Advertisement50 1998-09-12 10 There is no smoke without fire. With so many lucrative business opportunities and services sizzling in a The Straits Times Classified daily, it's no wonder our readers are always hungry for more. Advertise in the Business Services/Products 5 section (Classifications 201 to 266). jjj Call C.A.T.S. at 1800-737-1166. IcAsJ f50 words
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Page 11 Advertisements
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Advertisement104 1998-09-12 11 I A STEVEN SPIELBERG him torn hanks saving private ryan edward burns matt damon torn sizemore the mission is a man. PARAMOUNT PICTURES a.D DREAMWORKS PICTURES'SESffiT r. AMBUN ENTERTAINMENT pboduCTO assooaw. m MUTUAL FILM COMPACT TOM HANKS "SAVING PRIVATE RYA» 1.. Z EDWARD BURNS MATT DAMON TOM SIZEMORE BONNIE CURTIS104 words
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Page 12 Advertisements
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Advertisement8 1998-09-12 12 The Straits Times Classified Where 1 sellers CATS.8 words
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Page 14 Advertisements
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Advertisement40 1998-09-12 14 Hello, I saw your /rv A i\ was advertisement in Flowers 8 j Janice surprise^ bouquet of flowers \J girlfriend, > M -> M&mgMM&n Buying or selling through »SI The Straits Times Classified is child's play. aL V CAT g at 1800-737-1166.®40 words
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Page 15 Advertisements
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Advertisement10 1998-09-12 15 j Making smart education choices begins with The Straits Times10 words
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Page 16 Advertisements
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Advertisement13 1998-09-12 16 Buy It. Sell It. Find It. Classified. Call Today For Results Tomorrow. 1800-737-116613 words
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Page 17 Advertisements
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Advertisement39 1998-09-12 17 I the very J I that I found next day. through J Vroom, >. f Classified. V Buying or seflintf through VWV vroom... 11 tj J p WhJ The Straits Times Classified is child's play. Call C.A.T.S. at 1800-737-1166. J39 words
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Page 18 Advertisements
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Advertisement1244 1998-09-12 18 BUSINESS Xoticcs To advertise call toll-free 1800-741 ISB3 IN THE MATTER OF WELLWOOD CO PTE LTD E ACr CAP 50 (In Creditors' Voluntary Winding-Up) IN THE MATTER OF SIANG A SIU (S) PTE LTD FINAL MEETING members' voluntary winding-up At an Extraordinary General Meeting of Slang NOTICE IS HEREBY GIVEN1,244 words
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Advertisement328 1998-09-12 18 Doij t O C t ;r ack I p Ift Sm&jyorei J' 1 p., Iff riew i: 9 while abroad Bfl m TheStraitsTimes bfi "9 s y° uacrfe p summaf y of rj ocas $go weekly BXTHM the week's major news breaks I >> 1 reported in The Straits Times328 words
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LIFESTYLE EXEGUTIVE
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Article, Illustration1226 1998-09-12 19 TAN SU YEN - Singapore has the dubious honour of haying the highest cardiovascular death rate in Asia, with one in five heart patients suffering or dying from a heart attack below the age of 55. What can we do to reverse this trend? tax su ten reports TANFILE PHOTOS - 1,226 words
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STRAWS In The Wind
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Article50 1998-09-12 19 PARANOIA knows no bounds. One colleague who was down with the flu phoned a contact about a story, but he refused to talk to her. Not because the story was a sensitive one. Rather: "I can't talk to you, I might catch something from you over the phone."50 words
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Article72 1998-09-12 19 ONE of our BT journalists unwittingly became the receptionist for Emporio Armani after the latter sent out invitations for an event and made a typing er- ror with the RSVP telephone number. The hapless journalist whose direct line matched that on the invitation card ended up fielding72 words
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Article48 1998-09-12 19 WHEN can a good deed turn out to be an insult? One colleague learned the difference when a young man immediately got up to offer her his seat in the MRT. Apparently he thought she was pregnant. She has since resolved to go on a diet.48 words
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Article68 1998-09-12 19 WE received this cryptic mailer which said: "If you wish to enjoy a daily happy life, please never, ever, attempt to try to blame your wife for any wrong doing for the housework. Especially not to compare her with your mother as it is absolutely non-constructive and meaningless."68 words
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VIEWPOIMT
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758 1998-09-12 20 Jaime Ee - Americans consider him someone they can look np to, more so than the likes of pre-scandal Clinton. Besides, if a B-grade actor once took np residency in the White House, why not a comedian? Off the cuff, by Jaime Ee EVERYTHING758 words
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Article, Illustration1535 1998-09-12 20 CELESTINE BOHLEN - celestdie bohlek looks at how Russia's economic crisis has disrupted the lavish lifestyles of the city's small but visible middle class CELESTINE BOHLEN NYT The music is still playing and the beer is still flowing, but three weeks into Russia's latest crisis, theNYT; FILE PHOTOS; FILE PHOTO - 1,535 words
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STYLE
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Article, Illustration670 1998-09-12 21 JAIME EE - What's new in the furniture market? jauce ee goes shopping for well-designed imported pieces at less than designer prices JAIME EE WHEN you add British, Australian and Japanese elements to a homegrown Italian furniture company, what do you get? A completely different outlook on design that's refreshing, innovativeCHRIS LOH - 670 words
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Article, Illustration800 1998-09-12 21 Parvathi Narayan - ART Protect your paintings-get them properly mounted By Parvathi Narayan IF YOU think about it, the frame that one picks for an artwork makes a personal statement ornate and fussy, sleek and minimalist, or bright and decorative. Undeniably, frames can influence the look of art. In extreme800 words
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Article, Illustration642 1998-09-12 22 Susan Tsang - CINEMA As a movie about getting one's own back, The Revengers' Comedies is just too toothless to leave much of an impression By\ Susan Tsang THE Revengers' Comedies has a mouthwatering cast and operates around a premise which is not unknown but still642 words
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Article, Illustration766 1998-09-12 22 Susan Tsang - CINEMA Snake Eyes comes with a wealth of impressive credits, but manages to squander its resources as well as the talents of both the director and the leading man tfy I Susan Tsang SNAKE EYES has all the elements of a blockbuster mystery. There is Brian766 words
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Article683 1998-09-12 23 Ann Hornady - FILM COMMENT In an age when marketing and publicity are manipulated to within a hair's breadth, is there such a thing as a genuine sleeper? By. Ann Hornady LAT-WP IT'S official. There's Something About Mary, the comedy starring Ben Stiller and Cameron Diaz, is the sleeperLAT-WP - 683 words
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Article, Illustration389 1998-09-12 23 M Yasotha - Compiled by. M Yasotha COMCBKTS Linos Ensemble The members of this ensemble are professors in German conservatories or soloists of leading German orchestras. On the programme are MullerSiemens' Variations On A Landler By Franz Schubert and Refuge For Eleven Instruments, Ligeti's 6 Bagatelles For Wind Quintet and Schubert's389 words
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EPICURE
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Article, Illustration712 1998-09-12 24 RAHITA ELIAS - Tha mom. mitfht look terribly confusing, but stick to the friendly manager's recommendations and you won't go wong at Athens, """taelias learns how to tell a Spinakopita from a Kolokythakia Skordalia RAHITA ELIAS Greek food isn't exactly the most well-known or favoured cuisine among Singaporeans, who have stillSIEW YAW HOONG - 712 words
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Article, Illustration752 1998-09-12 24 Parvathi Narayan - RESTAURANT Caro Amico delights with plain Italian cooking in a colourful setting By Parvathi Narayan SANDWICHED between Boat Quay and Clarke Quay is The Riverwalk, bordering a little stretch of the Singapore River. It is a charming promenade dotted with gurgling fountains, with thePHOTOS BY SIEW YAW HOONG - 752 words
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Article445 1998-09-12 24 Frank Prial - WINE By] Frank Prial NYT WHAT do Sauternes, Tokay, trockenbeerenauslese, vendange tardive, Dolce and Eisrebe have in common? They are some of the world's finest wines, and they are all sweet. Beyond that, few wine drinkers know much about them (except for Sauternes). Part of the problemNYT - 445 words
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Article, Illustration136 1998-09-12 24 CRAVINGS EVEN five-star hotels are trying to keep in step with the lean times. The Oriental Singapore recently launched a Teochew porridge promotion capitalising on the simple, nostalgic flavours of home cooking. Taiwanese chef Huang Chiang Biao from the hotel's Cherry Garden restaurant136 words
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Article117 1998-09-12 24 CALL IT a long shot but eat at a Balinese buffet at Capers in The Regent Singapore and you might just win a two-night stay at Four Seasons Resort Bali at Jimbaran Bay, which has a superb spa, and one night at Four Seasons Resort Sayan, also in117 words
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Article, Illustration114 1998-09-12 24 ASK FOODIES about Alkaff Mansion and you'll probably be told: "The view is great, the food could be better." All that is set to change now that new chef Bruno Gillet is at the helm. Chef Bruno has revamped the Continental menu for the Dining Room, the Mansion's114 words
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Article91 1998-09-12 24 Tan Su Yen - Compiled by Tan Su Yen ALL THAT confusion over CLOB shares and ringgit deposits saw staff at banks working round the clock last weekend. But there was a silver lining to all that sleepless toil. Conrad International says it received a call at llam on Saturday to cater91 words
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Article, Illustration727 1998-09-12 25 Armageddon.An oil driller (Bruce Willis) is mankind's best hope against an asteroid on collision course with earth. Lido, Jurong, Choa Chu Kang, Century, Orchard, Eastpoint, Riverside, Toa Payoh, Bugis, Beach Road. Yishun, Bishan, Tiong Bahru, Boon Lay, Tampines, Marina. Tlie Avenger*. Ralph Fiennes and Uma Thurman save the world727 words
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Article127 1998-09-12 25 Cathay Org Catfiay 336-3400 Eastshoce 346-1816 Orcfiart) 235-8386 Picturehouse 338-3400 Yangtze 223-7529 Eng Wah Empress 777-5867 Jutoliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 QoMm Village Bedok 443-2405 Bistan 353-8885 Boon Lay 792-2788 Broatfcwy 454-9394 Majestic 533-9032 Marina 337-9488 Pavilion 786-5788 Tampines 8 786-5788 Tiong Bahru 274-6588127 words
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TRAVEL
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Article, Illustration1182 1998-09-12 26 MARK GRAHAM - Though whole batallions of human-sized terracotta soldiers have been unearthed at the underground mausoleum of Qin Shihuang at Xian, only part of the site has been excavated, and only a portion of that is open to the public, mask graham goes walking among the ghosts of China'sALL PHOTOS, EXCEPT TERRACOTTA WARRIORS. BY MARK GRAHAM; FILE PHOTO - 1,182 words
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Page 19 Advertisements
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Advertisement203 1998-09-12 19 Travel Among the ancients EL 8 "uur aaugnter was reunited witn ner aog on the very day the ad appeared!" Mrs Christine Low... "Business picked up after we advertised in Classified. It really works!' I Trevor Koh... "It's no secret that The Straits! Times Classified is the" key to our203 words
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Page 22 Advertisements
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Advertisement16 1998-09-12 22 Buy It Sell It. Find It Classified. CA.T.S. 1800-737-1166 Call Today For Results Tomorrow. 1 it—16 words
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Advertisement42 1998-09-12 22 The secret of success ,s„.^| Taking the right course, of course. Study the wide range of courses available in the Education/Training Section in the Classified Classifications 700 to 799 CATJ& m— The Straits Times Classified where dreams become reality, t I A.42 words
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Page 23 Advertisements
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Advertisement370 1998-09-12 23 Where to wine, dine and entertain...™ < >>tJH "Tunch" is the best for lunch and high tea rolled into one. Which means longer serving hours and even more scrumptious spreads. Saturday, Sunday 8C Public Holiday "Tunch" 12 noon spm #15.80 (Adult) #11.80 (Child) Tunch Karaoke 3pm Bpm #21.80* (Adult) #17.80*370 words
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Advertisement118 1998-09-12 23 Mandarin Singapore proudly presents Gioacchino Rossini's ij rille*' (y~J OPERA IN 2 ACTS 17 SEPTEMBER 1998 7PM MANDARIN BALLROOM 4-COURSE BORDEAUX 1 SET DINNER SHOW I $98 NETT PER PERSON C*U fbwn in by Sponsor BRUNEI j 333 Orchard Road, Singapore *****7. Tel: *****11 I I i^g^RH Sunday 12 noon118 words
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Page 25 Miscellaneous
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Miscellaneous675 1998-09-12 25 gHCMnmjpmjnfnw_ PanVirtQii Arc AndieMacDowellmarries raCKman VS Frenchman Gerard the Nazis Depardieu not for his charmingly accented The Rocketeer, spm, Ch 5 English but to help him Pilot Bill Campbell gain residence in the stumbles across a much United States. wanted air-pack that turns him into a rocket Dharma And Greg,675 words
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Miscellaneous1366 1998-09-12 25 TODAY'S TV Premiere 12 Cinema II Snake Fist. CHi T 20 Count 12.00 NN TV Innovations. f mr\ m a. nn Tv\nrwwa»i«nc LOO PM 1998 Summer X If WQ .K f TV Innovations. t™ Asian economic crisis af- 818 f°° Z!! ur s fecting Asian soccer? B| 530 Denver. The1,366 words
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