The Business Times, 28 November 1998

Microfilm: NL21356
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 85C MITA (P) 110/12/97 THE BUSINESS TIMES SINGAPORE WEEKEND EDITION, NOVEMBER 28-29,1998 Internet: http://business-times.asial.com.sg/
    14 words
  • Article
    MARKET SUMMARY
    55 1 n Bh.» (+4.06) sr-ai VIM (-3.44) nsonrunjiES ftj mm (-0.57) mmmumwmau Friday Change KL8E COMP -Ml NIKKH »MH»—-IJ8J8 HANOSENO tH7tt.ll -*81 8ETFN0KX S7XM -1.11 JAKARTA COUP W« 1* MANILA COUP —lf*M TAIPEI WP! 7JM.1 -8774 8H0UL00MP 447JI +H41 CL8A CHINA B HM4 -1U4 AUSTALLOftO 2,77 LI -I7f 12
    55 words
  • Article
    FINANCE
    66 1 PNtEX KATES USS SI ubs —im £(USS/SSper£) IJM 1738 DM im 1M8 YEN K18 IJ4I RM UN MM HKS 7.744 till BAHT SUN M4# RUPIAH 7,421 MB* •strnmmuu PUKE BATES SINGAPORE* Uf KUALA LUMPUR... UJO JAKARTA OM BANGKOK 14.71 MANILA SJ9 HONGKONG M* TAIPEI 8Jt SYDNEY &tf TOKYO IN
    66 words
  • Article, Illustration
    KL offers foreign buyers incentives at property fair
    951 1  -  To clear gut, buyers allowed 100% loan from local banks From Ruth Wong in Kuala Lumpur IN an effort to clear up a massive property overhang, Malaysia will allow up to 100 per cent financing for property purchases and let foreigners borrow
    951 words
  • Article
    HK economy shrinks 7% in Q3, the worst ever
    794 1  -  Govt forced to further cat fall year forecast to -6% From Loh Hui Yin in Hongkong HONGKONG'S economy shrank by a massive 7 per cent in the third quarter, its worst ever quarterly performance, forcing the government to further downgrade the
    794 words
  • Article, Illustration
    Lock icon Miyazawa may quit
    43 1 [TOKYO] Japanese Finance Minister Kiichi Miyazawa scratching his head during a plenary session at the National Diet yesterday. Mr Miyazawa has indicated that he may resign from his post at the end of the year. Full report, Pg 5 AFP
    AFP  -  43 words
  • Article
    MAS sets up two panels to get private sector input
    496 1  -  By < Conrad Raj [SINGAPORE] The Monetary Authority of Singapore (MAS) has set up two new advisory panels the Financial Sector Advisory Council (FSAC) and the International Advisory Panel (lAP) in an effort to ensure that the private sector's views
    496 words
  • Article
    Sing Tel posts 3.4% profit rise but warns of weak H2
    398 1  -  By* Catherine Ong [SINGAPORE] Bucking the trend of losses and declining earnings from listed companies this year, Singapore Telecommunications yesterday reported a rise in interim net profits, albeit by a marginal 3.4 per cent, to $997.6 million. But company
    398 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      131 1 inmiu The SES has gone on a massive educational blitz to promote covered warrants. What are they, and what kind of risks and returns do they offier investors? Pf 4 Drive t»onl Fran July next year, Comfort Group drivers can expect to get 8-10% of net profit under the taxi
      131 words
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      Page 1 Advertisements Column 2
      517 1 Cortina Watch Centre Presents Chopard Timepiece Jewellery Exhibition #As a leadingjffail watch specialist of fine Swiss timepieces for over 25 years, Cortina Centre isjfowned for its personalized service. In their first collaborative effort together, W Centre is proud to present their premier Chopard Timepiece and Jewellery txlaWtlon in Singapore. Quality
      517 words
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      Page 1 Advertisements Column 3
      12 1 Sing Tel to spend $100 m to prepare for Y2K, Pg 8
      12 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon More drops in domestic, foreign wholesale trade
      183 2 HIT by continued weak demand here and overseas, both domestic and foreign wholesale trade contracted again in the third quarter. Department of Statistics figures released yesterday showed a 16.7 per cent year-on-year drop in the domestic wholesale trade index for Q3. Excluding petroleum,
      Source: UOB  -  183 words
    • Article
      MAS to woo Japanese firms to raise funds in S'pore
      418 2  -  By. Audrey Tan THE Monetary Authority of Singapore (MAS) will encourage Japanese firms to raise funds here and to take a stake in the new SES-Simex holding company. Tan Chek Ming, executive director of MAS' financial sector promotion department, said
      418 words
    • Article, Illustration
      Lock icon Oct manufacturing output down a steeper 7.9%
      367 2  -  Non-oil domestic exports fall 4.8%; key electronics sector drops 4.9% Reports by < Jennifer Lien ON the back of a surprise 4.8 per cent drop in non-oil domestic exports, manufacturing output fell a steeper 7.9 per cent in October, latest figures show. The
      Source: OCBC  -  367 words
    • Article, Illustration
      Lock icon Oct visitor arrivals up 0.7% after 12-mth drop
      420 2  -  Surprise rise dne to low 1997 base, and holiday-makers Byy Carol Eng AFTER 12 straight months of decline, visitor arrivals in October posted a surprise rise of 0.7 per cent, from a low base a year ago. Out of the top 12
      Source STB  -  420 words
    • Article, Illustration
      Lock icon Govt sets up life sciences venture cap firm
      414 2  -  By Eugene Low THE government is setting up a $6 million Centre for Drug Evaluation (CDE) and a venture capital company called Life Sciences Investments (LSI) to boost Singapore's life sciences industry. Announcing this yesterday, Deputy Prime Minister Tony Tan said the
      CHRIS LOH  -  414 words
    • Article, Illustration
      Lock icon Experts mixed on CPF cuts
      804 2  -  E7E ON THE ECONOMY By, Ann Teo HOW much of a contractionary effect will the upcoming CPF and wage cuts have on the economy? None at all, according to some economists. A few MPs voiced the concern in Parliament this week, and Trade Industry Minister
      Source SG Securities Research  -  804 words
    • Article
      Why lax rebate will not cover S'pore dividends
      276 2  -  Tax already deducted at source, says govt Byl David Boey THE corporate tax rebate announced early this week will not cover Singapore dividends because under the current imputation tax system, tax would have already been deducted at source for Singapore dividend income,
      276 words
    • NEWS Roudup
      • Article
        More feel they have no say: survey
        91 2 AN increasing number of Singaporeans feel that it is not possible for citizens to influence public policies here, according to a survey released by the Institute of Policy Studies yesterday. While 42 per cent of the respondents agree with the view that they
        91 words
      • Article
        Pub to spend $207m on devt projects
        62 2 THE Public Utilities Board (PUB) said it is spending $20? million on development projects next year, with water projects making up the lion's share of the expenditure. The water projects include $117 million to be spent on the last two stages of the
        62 words
      • Article
        TDB measures to boost logistics sector
        62 2 THE Trade Development Board (TDB) will set up an advisory committee and step up promotion missions to boost the transport and logistics sector here. The committee, which will be made up of representatives from 15 top logistics players, will identify trends that affect the
        62 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • Article, Illustration
      Unit trust sales may go up despite CPF cut
      782 3  -  Reasons wider choice of trusts, need to squeeze more ont of savings By\ Stewart Aldcroft The writer is marketing and sales director of Templeton Franklin Investment Services (Asia) Ltd [SINGAPORE] Much has been written (and will be over the next few
      782 words
    • Article
      Templeton markets a new concept in Asia
      635 3  -  Called Moneywise, the fund manager's recently-launched product targets women investors By I Shiv Taneja [SINGAPORE] SELLING a concept as opposed to direct selling of financial products is making its presence felt in Asia, with fund manager Templeton having kicked ofT a high-profile "investment
      635 words
    • Article
      The buck doesn't stop here
      797 3  -  COMMENTARY There Is a new rigidity In the way fands operate and they expect investors to exercise their Judgement By Shiv Taneja WHEN you invest in a unit trust, you are doing so for several reasons, not least of all the fact that you probably
      797 words
    • Article, Illustration
      Lock icon Fund profile
      340 3 Compiled by BT Investment objective to achieve medium to long-term capital appreciation by investing primarily in Philippines stocks. Investment style Actively managed with stock selection based mainly on fundamental analysis. The aim is to outperform the benchmark. Diversification is achieved by investing in different sectors. Market outlook The
      Compiled by BT; Source:  -  340 words
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        508 4 Those polled for their views on the Singapore stock market outlook for next week were: Daiwa, Deutsche-Morgan Grenfell, Fraser, GK Goh, ING Barings, Kay Hian, Kim Eng, Merrill Lynch. Singapore Airlines ♦(Maintain sell Foreign; Maintain tray Local) Fraser AMMB Research, Nov 26, $12.30/$6.90 We believe that the
        508 words
      • Article, Illustration
        In My Opinion
        442 4  -  Deamond Lim Managing director Dez A Hamilton 44TT7 HILE the Central 1/1/ Provident Fund is f T working on the member's handbook for risk classification of CPF approved unit trusts, I would like to suggest that CPF and the relevant regulator look into a Code of Practice
        442 words
    • Article, Illustration
      Lock icon Investors coming to grips with covered warrants
      517 4  -  These warrants offer investors exposure to a company's stock at a fraction of its cost By R Sivanithy [SINGAPORE] LAST week, the Stock Exchange of Singapore embarked on a massive educational blitz to teach dealers and other interested parties everything they wanted to
      FILE PHOTO  -  517 words
    • Article, Illustration
      Lock icon Analysts see another rally in Jan alter consolidation
      673 4  -  Wpara Interest likely to shift to mid-caps and electronics stoics By' Ven Sreenivasan ALTHOUGH the blue chipsled rally is currently taking a breather, all indications are that the uptrend will resume once this round of profit-tak-ing is over and done with. The
      Source: Datastream  -  673 words
    • Article
      Debunking some myths about warrant issuers
      550 4 The issuer does not want the warrant to perform THE issuer's main priority is his clients, and thus how the warrant performs in the market until his clients have sold. If a client who takes on a placement of the issuer's covered call at
      550 words
    • Article
      ACU DEPOSIT RATES (Offered by various banks (as at Nov 26. 1998)
      660 4 IHmH——rt H»t> 3-wMi t-«t> PepwM ——t hmtk 3-wttk 6-wtt Bank of China £25,000-149,999 &2500 6-2wo 6.0300 SwFr A StO.OOO Swf99,999 0.6600 0.9100 0.8XX) 10.000 49.999 3.8750 3.8750 3.8125 SwflOO.OOO $wfl49.999 0.7600 1.0100 0.9300 50.000 tAbove 4.1875 4.1875 4.1250
      660 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      63 3 Advancing our leadership in quality sound by creating extraordinary and lasting experiences for our customers. Better sowd through research 'Bull run' I Chua Lpe Hoonq Pasir Ris ridmq hiqh. His appreciated by 21%' over 530.000. Follow L ee Hoonq other in The Game. Standard Chartered's investment competition. weekend edition of
      63 words
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  • ASIA'S ECONOMIC SLUMP
    • Article
      Miyazawa surprises with his plan to quit by year-end
      535 5  -  Nikkei, yen weaken as markets worry about impact on stimulus packages From. Anthony Rowley in Tokyo JAPAN'S Finance Minister Kiichi Miyazawa yesterday signalled his intention to quit the post at the end of this year after less than six months in
      535 words
    • Article
      Lock icon Sharpest ever contraction expected for M'sia Q3 GDP
      378 5 Economists see 7.8% shrinkage on falling industrial output Bloomberg [KUALA LUMPUR] Malaysia's economy is expected to post its sharpest contraction ever in the third quarter as recession in Japan and other parts of Asia hurts demand for Malaysian goods. Third-quarter gross domestic
      Bloomberg  -  378 words
    • Article
      Jakarta unveils trade financing facilities for firms
      513 5  -  From\ Shoob Kagda in Jakarta INDONESIA yesterday announced several measures to help cash-strapped corporations begin importing vital raw materials to boost production and exports and thus get the economy back on the road to recovery. The measures include getting a consortium of 54
      513 words
    • Article
      Forex inflows bolster Philippine GNP
      328 5  -  From, Al Rabita in Manila SURGING foreign exchange inflows lifted the Philippine economy from slipping into a recession in the third quarter, an official said yesterday. Socio-economic Planning Secretary Felipe Medalla said gross national product (GNP) inched up 0.8 per cent, reversing the second quarter's
      328 words
    • Article
      Lock icon Asia will grow at 3.5% in '99: ADB
      388 5 Reuters [MANILA] The Asian economy will grow about 3.5 per cent in 1999, almost double this year's rate, but a quick return to former growth rates approaching 10 per cent is unlikely, the Asian Development Bank (ADB) said yesterday. "Even when the
      Reuters  -  388 words
    • Article, Illustration
      Lock icon Trunk caD for elephants in distress
      103 5 [BANGKOK] Thai elephants sounding their support for elephant colleagues stranded in Indonesia during a demonstration by wildlife activists in front of Government House yesterday. Activists staged a protest atop elephants to put pressure on the Thai government to help repatriate five Thai elephants which
      AFP  -  103 words
    • Article, Illustration
      Keidanren sees more intl role role for yen
      526 5  -  Group's chief says Tokyo helping by reviving its economy, funding Asian states By Larry Wee [SINGAPORE] The economies of Japan and the rest of Asia are inextricably linked, and Japan will play a key role in the region's recovery. In addition, Takashi
      526 words
    • Article
      Lock icon Japan plants in M'sia likely to up exports
      239 5 AFP [KUALA LUMPUR] Japanese manufacturers in Malaysia are likely to increase their exports to offset lower domestic demand stemming from the economic slowdown, the head of Japan's leading business group reportedly said. Takashi Imai, chairman of the Japan Federation of Economic Organisations
      AFP  -  239 words
    • Article
      KL adviser inviting investors to meet Dr M: report
      281 5 [SINGAPORE] Salomon Smith Barney, the Malaysian government's financial adviser, is inviting major institutional investors in Asia for a meeting with Prime Minister Mahathir Mohamad to discuss issues relating to Malaysia's securities markets, said a report in The Asian Wall Street Journal
      281 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      37 5 HANDBOOK FOR CREDITORS AND DEBTORS By Goh Kheng Chuan debtors EXPORTERS' AND IMPORTERS' HANDBOOK Handbook For Expatriates Working And Living In Singapore By Goh Kheng Chuan EXPORT IMPORT PROCEDURES AND DOCUMENTATION LETTERS OF CREDIT IN INTERNATIONAL TRADE
      37 words
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  • REGION
    • Article
      Lock icon Jiang hits out at Japan's wartime history
      419 6 TOKYO AFP CHINA'S President Jiang Zemin renewed his assault on Japan's war history yesterday after getting only a lukewarm apology from a landmark summit to strengthen ties. "We can advance to the future only after we look at the past clearly," he warned.
      AFP  -  419 words
    • Article, Illustration
      Support for cut in PLA's business links
      374 6  -  SINGAPORE Lu Ning CHINESE Defence Minister Chi Haotian yesterday voiced support for the government's move to cut all business links that the People's Liberation Army (PLA) has developed over the years, but said some PLA units will continue to engage in "subsistence" level
      374 words
    • Article
      Lock icon Police officer denies telling Anwar his phone was tapped
      452 6 ANWAR'S TRIAL He says as a civil servant he had 'no choice' but to accept ex-DPM's orders AFP Reuters [KUALA LUMPUR] A senior Malaysian police officer denied yesterday telling ousted deputy premier Anwar Ibrahim that his phone was tapped. Amir Junus,
      AFP; Reuters  -  452 words
    • Article, Illustration
      Lock icon Security beefed up in Jakarta
      374 6 Soldiers, police deployed amid rumours of protests after Friday prayers AFP HEAVY security was again enforced in Jakarta yesterday as several other cities recovered from riots and clashes between demonstrators and security forces. Hundreds of troops were deployed at a central Jakarta park facing the
      AFP; REUTERS  -  374 words
    • Article
      Lock icon Don't hold flag-raising, Abri warns Irian Jayans
      252 6 ■JAKARTA AFP INDONESIAN military authorities .have warned separatists on the the remote province of Irian Jaya against staging a flag raisingceremony next week, a report said yesterday. Intelligence reports indicated several small groups of Irian Jayans had already prepared T-shirts, flags and other
      AFP  -  252 words
    • Article
      Lock icon Umno dialogue call a gimmick: opposition
      404 6 KUALA LUMPUR M'si&n People's Party says protests were result, not cause, of problems AFP A MALAYSIAN opposition leader yesterday branded a proposal for dialogue made by Prime Minister Mahathir Mohamad's political party as a "political gimmick". Hishamuddin Hussein Onn, the acting head of the
      AFP  -  404 words
    • Article
      Lock icon Citic wants to be financial supermarket
      324 6 BEIJING Reuters CHINA International Trust and Investment Corp (Citic) plans to remodel itself as a "financial supermarket" with a banking division straddling Hongkong and the mainland, president Qin Xiao said yesterday. He said China's flagship overseas investment arm would further shrink its manufacturing interests
      Reuters  -  324 words
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  • REGION/WORLD
    • Article
      Lock icon Top chaebol told to sign pact with banks to trim size
      409 7 SEOUL Credit windows will be closed next year if they fail to carry ont terms, says Seoul AFP Bloomberg SOUTH Korea's five largest conglomerates must sign agreements with their creditor banks next month, aimed at downsizing their bloated empires,
      AFP; Bloomberg  -  409 words
    • Article
      Lock icon Australia not expected to cut rates
      238 7 SYDNEY Bloomberg AUSTRALIA'S central bank has hinted it is still worried that the recent fall by the currency to its record low may fuel inflation, suggesting it is in no rush to cut interest rates anytime soon. The central bank's policysetting board meets on
      Bloomberg  -  238 words
    • Article, Illustration
      Lock icon A century of the Russian Museum
      42 7 [ST PETERSBURG] A visitor standing in front of cm oil painting titled "Line by Anatoly Sundukov at the Russian Museum in St Petersburg on Thursday. The Russian Museum celebrates its 100 th anniversary this year. REUTERS
      REUTERS  -  42 words
    • Article
      Lock icon ECB official argues against a US-style interest rate policy
      346 7 I LONDON European economic scene different from that of US, he says Reuters A TOP-LEVEL policymaker for the new euro currency on Thursday argued against using the United States as the model for European interest rate policy right now. European Central
      Reuters  -  346 words
    • Article
      Lock icon Pinochet row seen hurting UK business
      286 7 LONDON AFP BRITISH trade with Chile could be damaged by the international row over Augusto Pinochet's arrest and detention in London, a business chief warned yesterday. Michael Harkem, vicechairman of the British-Chil-ean chamber of commerce, criticised Britain's role in the affair following a House
      AFP  -  286 words
    • Article
      Lock icon Indian PM promises to check rises in food prices
      481 7 NEWDELHI Govt panel on prices to be restructured, made functional AFP INDIAN Prime Minister Atal Behari Vajpayee announced steps yesterday to check spiralling food prices that have sparked national outrage and placed his fragile coalition under intense strain. A government panel
      AFP  -  481 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      99 7 ■I' n..., (tyvuu m at 11 Nassim Road ■K For lease only I Brand New Apartments JH Ready to move in 'gS Viewing on 28.11.98 (Saturday) 11 am. 4pm. J^| Prestigious locations, close to Orchard Road, Botanic MI Garden, American, British, and Australia Embassies. jflfl Exclusive development with only a
      99 words
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      Page 7 Advertisements Column 2
      105 7 I I Express I @Asia One Commerce Jr We'll help you break into the _>^S Japanese market. Simply press release and PrtfJ Release //>/ Express (PRE) will do the _^~V~ rest. Your press release will 1/ ---J be distributed via email to At j L over 200 media companies l
      105 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      191 7 CRYPTIC CROSSWORD 13 Bag a prize (5) 24 The show went on mid-Octo--29 Quarter a Parisian with the 30 Gloomy character turning po- et against the head (8) 11 Name some better man (4) yjtayimDATT9 SOLUTION DOWN 15 Courted in order to propose (9) 11 |M D IM c H
      191 words
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  • COMAPNIES & MARKETS
    • Article
      Comfort cabbies to get 8-10% piece of the profit pie
      376 8  -  By( Christopher Tan [SINGAPORE] From next year, 11,000 or so drivers will enjoy a benefit which only normally senior corporate executives can hope for. Comfort Group, Singapore's largest taxi company, has introduced a profit-shar-ing scheme in which its drivers can
      376 words
    • Article
      Local banks must move quickly into the debt market
      588 8  -  HOCK LOCK SIEW Wong Wei Kong HOW that the local bond market is poised for rapid growth under the active nurturing of the government, Singapore banks must face up to the prospect of losing a chunk of their traditional corporate lending
      588 words
    • Article, Illustration
      Lock icon Sing Tel to spend $100 m to prepare for Y2K
      802 8  -  Group says it will save $65m from the government's off-budget measures By I Catherine Ong [SINGAPORE] Singapore Telecommunications will spend a total of $100 million in manpower, hardware and software costs to make its systems Y2K compliant, it disclosed yesterday.
      SIEW YAW HOONG  -  802 words
    • Article, Illustration
      Patriarch dies just as Scotts trust breaks up
      924 8  -  OBITUARY: RAJABALIJUMABHOY By Conrad Raj [SINGAPORE] Rajabali Jumabhoy, who died on Thursday, less than two months away from his 101 st birthday, was the patriarch of one of the most prominent, if not quarrelsome, Indian families in Singapore. His passing came ironically
      924 words
    • Article
      MCD says it's resolving iśues on Clob shift
      463 8  - MCD says it's resolvin g iśues on Clob shift By Ven Sreenivasan [SINGAPORE] The Stock Exchange of Singapore said yesterday that the Malaysian Central Depository (MCD) has informed Singapore's Central Depository Ltd (CDP) this week that it is resolving certain issues pertaining to the migration of Malaysian Clob-shares. The SES
      463 words
    • Article
      Local banks' NPLs don't worry analysts
      458 8  -  But the full extent of bad loans not known yet, they cantion Byi Clarissa Tan (SINGAPORE) Singapore banks' latest loans exposure figures to the region do not ring any alarm bells, but this does not mean their non-per-forming loans (NPLs) have bottomed out, say
      458 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Salim expands abroad amid troubles at home
        530 9 Profits from First Pacific's Manila foray may help group salvage empire in Indonesia Bloomberg [JAKARTA] Salim Group, once Indonesia's most politically connected business empire, is expanding overseas as its dominance unravels at home. The group, controlled by Liem Sioe Liong, a confidant of
        Bloomberg; FILE PHOTO  -  530 words
      • Article
        Lock icon Sing Tao all set to sell part of Culturecom stake
        188 9 Reuters Bloomberg [HONGKONG] Newspaper publisher Sing Tao is in an advanced stage to sell part of its stake in Culturecom Holdings Ltd and an agreement could be signed shortly. "The company was informed by Sing Tao Holdings Limited that it
        Reuters; Bloomberg  -  188 words
      • Article
        Lock icon Exxon, Mobil confirm merger talks
        500 9 Global competition drives groups to unexpected alliances AFP NYT [NEW YORK] US oil companies Exxon and Mobil confirmed yesterday they were negotiating a merger. In a joint statement the oil giants said discussions were under way, leading to "a possible combination transaction". "No definitive agreement
        AFP; NYT  -  500 words
      • COMPANY Briefs
        • Article
          Loan Chang doubles share capital
          63 9 [SINGAPORE] Shareholders of Lum Chang Holdings yesterday passed a series of ordinary resolutions at the company's extraordinary general meeting. These include the doubling of Lum Chang's authorised share capital from $250 million to $500 million, and approval for executive director Lim Jit Poh, who is
          63 words
        • Article
          Benefun iśuing 14.6m new shares
          80 9 [SINGAPORE] Benefun International Holdings is issuing about 14.6 million new shares of 10 Hongkong cents each. In turn, British Virgin Islands-incorporated Well Fortune Global Ltd has agreed to subscribe for the shares at 22 Hongkong cents per share. The issue, subject to the approval of
          80 words
        • Article
          SES queries Transmaroo
          53 9 [SINGAPORE] Transmarco Ltd yesterday said in a statement to the Stock Exchange of Singapore that none of its directors or substantial shareholders were aware of any reason for the counter's increase in share price and turnover yesterday. Transmarco yesterday rose 79 cents to $3 on volume of
          53 words
        • Article
          Delifrance Asia changes its year-end
          65 9 [SINGAPORE] Delifrance Asia yesterday said it was changing its year-end from June 30 to Dec 31 to be in line with that of its parent, SembCorp Industries. The first accounting period following this change will be for the current six months to Dec 31. The
          65 words
      • Article
        Lock icon Mokhzani-linked firm in receivership
        156 9 Bloomberg [KUALA LUMPUR] PhileoLand Bhd, a Malaysian property company, said its Mega Palm unit has been placed under receivership after it defaulted on a term loan of 220 million Malaysian ringgit (5595.5 million). PhileoLand is 21.48 per cent owned by Hospital Pantai, a hospital operator controlled
        Bloomberg  -  156 words
      • Article
        Lock icon EU, US anti-trust watchdogs set to probe planned deal
        387 9 FT Reuters [LONDON] US and European anti-trust authorities are poised to launch detailed investigations into the planned takeover of Mobil, the second largest US oil and gas group, by Exxon, the world's largest energy group. The negotiations which are at an
        FT; Reuters  -  387 words
      • Article
        Lock icon MAS may post lst-half loss of RM295m, say analysts
        424 9 Reuters [KUALA LUMPUR] Malaysian Airline System is likely to dive into the red for the first half of its current financial year, pulled down by foreign exchange losses, analysts said yesterday. A poll of five analysts yielded an average consensus of
        Reuters  -  424 words
      • Article
        Lock icon Hang Lung Devt ready to expand
        364 9 Reuters [HONGKONG] Blue chip residential property developer Hang Lung Development aims to expand its share of the Hongkong real estate market in the coming Ave to seven years, its chairman Ronnie Chan said yesterday. "Hang Lung accounted for about 4 to 5 per cent
        Reuters  -  364 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon JGB yield back above 1% on widening deficit fears
        423 10 Sell-off on news of lOt yen shortfall and worries that it could lead to oversnpply FT [TOKYO] The yield on the benchmark Japanese government bond on Thursday rose above one per cent for the first time in three months as investors
        FT  -  423 words
      • Article
        Lock icon Stanchart expects lower second-half revenues
        221 10 Reuters [LONDON] Standard Chartered pic's second-half revenues will be lower, warned its chief executive Rana Talwar. He said the problems in Asia were far from over and warned that there could be further volatility. In a speech yesterday, Mr Talwar, however, said the long-term prospects
        Reuters  -  221 words
      • Article
        Lock icon Net profit at ING surges 42% despite rise in provisions
        250 10 9-month gain of 4Jb guilders at top end of analysts' forecasts FT [AMSTERDAM] ING, the Dutch financial group, on Thursday posted a 42 per cent leap in nine-month net profit in spite of the summer storm in emerging markets and
        FT  -  250 words
      • Article
        US holiday keeps foreigners away
        159 10  -  Report gtngapftrfl tmIAT Andrea Galvan, Jardine Fleming THE MSCI Singapore futures saw lower trading than usual as many foreign investors, the main players in the market, were absent due to the US Thanksgiving holiday. The final two hours of trading saw the market push up
        159 words
      • Article
        Futures dismiss banking sector woes
        147 10  -  MSCI Taiwan fttnres Perry Gilbert, Refco Singapore THE Simex MSCI Taiwan Stock Index futures contract again held its ground, disregarding the continued gloomy reports about Taiwan banking stocks. Institutional interest was seen on the sell side of activity, with many traders slowly adding to positions
        147 words
      • Article
        Lock icon Oil at alarming levels as Opec meet fails
        320 10 ENERGY REPORT Reuters [LONDON] World oil prices hovered precariously over a precipice yesterday after a Vienna Opec meeting aimed at rescuing depressed markets crashed and burned. Oil analysts and dealers were quick to downgrade price forecasts after the fractious oil cartel fled
        Reuters  -  320 words
      • Article
        Lock icon CURRENCY REPORT
        270 10 AFXAsia AFP THE dollar was firmer on the higher end of its day's range in early afternoon trade, amid mild re-positioning ahead of the US major economic data that is due for release next week, dealers said. Micheal Metcalfe at Natwest Markets said that with recent indicators pointing
        AFX- Asia; AFP  -  270 words
      • Article, Illustration
        Untitled
        1091 10 IMTERRAMg CROSS RATES Nov 27 11 1 1 m i 1 C$ -> ic« Hr 9m mm**** r- m asm* m MM *977 6.178 05S2 3441 1506 4.99 ***** *7297 0782 7.96 lAl1 LI99 ***** 25JZ3 U« tfSO l« CM 1023 1409 0565 3.725 t«l 5,046 27******7 0.800 0507 2.470
        1,091 words
      • Article, Illustration
        Lock icon Greenback set to trade higher
        439 10 USS/mark: The greenback soared to a high of 1.7132 on Tuesday from a low of 1.6845 on Monday. Thereafter the unit was subjected to lacklustre activities, thus confining it between 1.6981 and 1.7075 for the next two days. Trading yesterday morning remained quiet with US$/mark
        Source: OBS Bank  -  439 words
      • Article
        Lock icon Barclays CEO Taylor resigns
        311 10 Bloomberg [LONDON] Barclays, Britain's second largest bank, said yesterday Martin Taylor quit as chief executive with immediate effect because he felt a new management team could raise the bank's profitability and performance. Mr Taylor, 46, joined the bank five years ago, overseeing its exit from investment
        Bloomberg  -  311 words
    • Article
      COMMODITY PRICES
      1834 11 SICOM rUTUHES Nor 27 RUBBER (Mures closing *t *t SJOpn) RSS1 COUTRACTtS cmtsAq) ClOM Votane Open Month High Low Sett (tonnes) Interest Dec 96 no.50 450 JM 99 m.25 550 Feb 99 114.75 113.75 113.00 450 1375 Mar 99 114.75 H75 Apr/Jun 99 H9.50 2250 Jul/Sep 99 123.50
      1,834 words
    • Article
      WORLD STOCK MARKETS
      2328 11 LONDON Mistrials •an 27 31 Group- 574.400 -SMO AB Ports 315.000 3.000 ADPay national 1250.320 -19.680 A Iliad Domacq 523.000 6.000 Allied Zurich 856.000 10.000 AiTMC 177.000 2.000 AsOi Group 162.000 4.600 BAT Ind 543.200 -3.800 BG Pic 427.200 -1.800 BICC 64.000 -1.000 BOC Group 899.400 24.400
      2,328 words
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      Lock icon TOKYO
      1619 11 Bloomberg Q Nikkei 225 -***** JAPANESE stocks fell as grim industrial production figures painted a bleak economic picture. Sanwa Bank Ltd and other lenders slid. Industrial production for October fell 8 per cent on the year, and 1.2 per cent from the previous month, worse than the 1.1 per
      Bloomberg  -  1,619 words
    • Article, Illustration
      Lock icon HONGKONG
      1519 12 Reuters AFP PHan&Seng -3631 SHOCKS meandered to a slightly lower close yesterday ahead of the release of local economic data and brokers said caution reigned in the absence of guidance from US markets which were closed oft Thursday. Investors also awaited clearer direction after the expiry of index futures
      Reuters; AFP  -  1,519 words
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      Lock icon CHINA
      620 12 Reuters kl Shenzhen B Index -0.77 SHENZHEN'S B shares ended lower yesterday, extending Thursday's sharp fall on weakness in the domestic A share market, analysts said. The B Share Index reversed an early rally to fall 0.77 of a point to 57.60. Turnover was HK$lO.4 million. "A shares have
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  620 words
    • Article
      Lock icon TAIPEI
      380 12 AFP riWP Index -57.74 TAIWAN share prices fell 0.8 per cent yesterday as profittaking wiped out early gains, dealers said. The Weighted Price Index fell 57.74 points to 7,320.12, following a 2.3 per cent rise in the previous session. "Profit-taking set in when the index climbed near the 7,500-point
      AFP  -  380 words
    • Article
      Lock icon WELLINGTON
      258 12 AFP +23.47 NEW Zealand shares rebounded 1.2 per cent yesterday, boosted by a resurgent Telecom, big trade in Carter Holt Harvey and the listing of Capital Properties. The NZSE-40 Capital Index ended at 1,985.82, up 23.47 points on turnover of NZ599.85 million. AFP Nov 27 in (000) ANZ Banmnfl
      AFP  -  258 words
    • Article, Illustration
      Lock icon BANGKOK
      757 12 AFP □set Intel -Ml SHARE prices fell 2.4 per cent yesterday due to continued profit-taking amid poor sentiment over the macroeconomic situation, analysts said. "The main reason was ongoing profit-taking in the banking and finance sectors by local investors," Phillip Securities (Thailand) analyst Adisak Kammool said. Analysts said investors
      AFP  -  757 words
    • Article
      Lock icon SEOUL
      424 12 AFP f% Composite Index *0.41 SOUTH Korean shares closed mixed yesterday, with late fu-tures-led buying reversing earlier declines. The index closed up 0.41 of a point at 447.00. Volume was 167.1 million shares worth 815.2 billion won. Falls outnumbered rises 440 to 384, with 58 stocks unchanged. The benchmark
      AFP  -  424 words
    • Article
      Lock icon SYDNEY
      585 12 AFP PAH Primaries -0.70 SHARE prices closed down marginally yesterday on a lack of offshore leads with Wall Street closed for the Thanksgiving holiday, brokers said. The All Ordinaries Index closed down 0.70 of a point at 2,771.3. The All Industrials Index closed up 3.6 points at 4,913.9, while
      AFP  -  585 words
    • Article, Illustration
      Lock icon JAKARTA
      708 12 AFP n Composite Indei -235 INDONESIAN shares yesterday closed 0.6 per cent lower ahiid profit-taking in selective big shares with heavy trading seen in banking counters, dealers said. "Banks were mostly lower, surrendering yesterday's gains amid a lack of confirmation about the government announcement," a dealer with a foreign
      AFP  -  708 words
    • Article
      Lock icon MANILA
      304 12 AFP Q Manila +54.43 PHILIPPINE share prices rose 2.8 per cent yesterday on aggressive buying spurred by government's announcement of better-than-expected economic data for the third quarter, analysts said. The Philippine Stock Exchange Composite Index jumped 54.43 points to close at 1,975.36. Volume fell to 819.6 million shares worth
      AFP  -  304 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Late buying keeps shares off lows
        424 13 AFP CI Composite Index -0.61 MALAYSIAN share prices closed off their early lows yesterday as late buying offset profit-taking seen during most of the trading day. Dealers said profit-taking was the general trend but was interspersed with a bout of buying. "There was more
        AFP  -  424 words
      • Article
        Untitled
        8949 13 INDUSTRIALS CoMWMf products 1998 Last Vol Day Nat Cap High Low Company Sale OOO High Low M $mll 310 170 Ajmomoto 280 -10 9 280 280 15.4 113.5 148 35 Angkasa 78.5 1 96 80 77 115.7 290 123 Apollo Food Hkj 235 -13 5 245 214 8.2 94.0 388
        8,949 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
        2575 14 BONOS, LOANS ft WARRANTS m 1998 Last VoI Day Lait Ouota Avg High Low St no Company Sato *or- COOO) High Low Buytr Mir Me* 20.5 3 3160 "Acer W*****1USS 1S.5 -0.5 86 15.5 15 15.5 16 95 4.5 3164 Acma ******4 17 unch 209 17.5 16.5 17 17.5 17
        2,575 words
      • Article
        L&M wrt: only 2 months left
        191 14  -  WARRANT WATCH fly] R Sivanithy THE next local warrant to expire is construction firm L&M's 1999 instrument, which has just under two months left to go. As always, interesting things happen to the instruments at this stage (remember the hectic activity in Parkway's and
        191 words
      • Article
        CLOB INTERNATIONAL
        217 14 HONGKONG STOCKS 6r Or mt Last Vs4 On La«l Quota Mv Mv YM Nat M Cap High L— Stwo Campany Sat* rOOO) Hlgft Lao Buyar Cw P/C Swl 400 250 5123 CDL(2000)HK 400 8.0 2A 2.0 20.5 7744.7 5124 Cathay Pac 20c HK_ 720 265.0 2.1 7.4 6.0
        217 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6604 15 Transaction date Nov 27 fir Or M Wl 1998 Laat Vol Day L*lt Ouott Dtv W* VM Net Cap A*g Km. Lew StNe Company Sale COOP) High Low hiytf SaPar Cw P/t >m» Prtto MULTI MOUSTVY 142 49.5 mt 1000 AcmaSOc 81.5 »1.5 642
      6,604 words
    • Article
      SESDAQ
      1161 15 Or Or -mm 1998 LMt Vrt Day Last Onata Dtv Ok Ml Cap *»1 Htm Laat stm dim Mi COOP) far fcryaf H» Cw W <W Wo 243 30 2049 AS Auto Kk 130 *4 WOO 130 123 129 130 150* 7.0 13 12.3 148.4 129 62 45 4
      1,161 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Untitled
        267 16 VanderHorst 21.2t9.000 SM Summit 10c 7,170.000 l£M50c 6.600,000 Keppei LandSOc 6,574,000 WtngTai 25c 6,021,000 SembCorpI 25c 5,834,000 Hotel Prop 5.267,000 ComfortGrp 25c 5,005.000 DBS Land 4,393,000 UK 4,134.000 ttodn I S1A Foreign 24,107.010 06S Foreign 17,420,512 VanderHorst 15.831.650 U06 Foreign K818.651 KeppeiCorp M,777,880 SPH 13,229,596 Keppei LandSOc 12,352,140 SembCorpi 25c
        267 words
      • Article, Illustration
        Late rally lifts STI; firm undertone seen intact
        638 16  -  STOCK MARKET COMMHMTABY Dip in interbank rates results in the final pnsh; Indon counters back in play; Wall Street seen setting pace next week By R Sivanithy [SINGAPORE] It was meant to be a third consecutive day of consolidation and until mid-afternoon
        638 words
      • ON THE GRAPEVINE
        • Article
          Rail competition
          64 16 IT seems there is a chance the 20-km north-east MRT line, scheduled for completion in 2002, may not be operated by SMRT—the operator of the current network. Informed sources say bidding for operatorship will be open to the field. Of course, SMRT will have an equal crack at
          64 words
        • Article
          Net savings
          66 16 HEWLETT Packard in Singapore appears to have come up with a novel way to cut costs. This year, it is not distributing Christmas cards to its staff to said out to their contacts. Instead, staff are being urged to send electronic greeting cards found cm the company's web
          66 words
        • Article
          Thanksgiving with difference
          120 16 AS Americans celebrate Thanksgiving, Barron's columnist Alan Abelson in its Nov 23 issue lists people who should really be giving thanks. Renaming the former White House intern, Monica Lewd-insky, he says she should thank "Linda Tripp, the gargoyle snitch whose diligent recording rtfhor araftitif oylmlatinwß made her
          120 words
        • Article
          Taking it to the
          88 16 IF the politicians don't listen, maybe the orangutans will AFP, citing Indonesia's Kompas dally, reported that students in the I city of Yogyakarta have taken their grouses toa zoo, after the authorities refused to listen to their demands. Some 300 students from the People's Resistance Front
          88 words
        • Article
          Kudos for ABN Amoro Bank report
          47 16 abn Amro tsanK naa won tne nam Sijthoff prize for the best annual repot, awarded annually by The Mutfwrla wf§ leading ffff Financieele Dagbiad. The prist was Dm first ever presented to a financial insatutkm since tne award was mttiMMiß 1964.
          47 words
      • Article, Illustration
        HOT STOCK
        72 16  -  -by: Shiv Taneja. TRANSMARCO Ltd closed a whopping 79 cents up at $3 yesterday on a volume of 3.91 million shares, compared with its 10-day traded average of 423,700 shares. A near-term correction is an almost certainty, according to the daily RSI and Stochastic charts For the medium
        72 words
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      Page 9 Advertisements Column 1
      1189 9 I SING INVESTMENTS FINANCE LIMITED I LPSi (Incorporated in the Republic of Singapore) I y 96 Robinson Road, SIF Building, Singapore *****9. I To: HoWers of Warranto 1998 ("Warrants") to Subecribe tor Sharee in Sing Inveetments Finance Limited (toe "Company") expiring on 29 December I 1998 at 5.00 p.m. THB
      1,189 words
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      Page 12 Advertisements Column 1
      27 12 < i #T' v •'s I < w ">> > THbßubinessTimes ZT "TIT w, Ki ■■jm Kia-Pac server Singapore aims to IvloilQ3lVS market down :j|l be Internet hub for J TheßusinessTimes
      27 words
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      822 14 i Imagination v //lore IMPORTANT ///a/? KNOWLEDGE 77 BUSINESS N()t (C(\< lo achcrtise call toll-free 1800-741 IXS3|| IN THE MATTER OF THE COMPANIES ACT (CHAPTER SO) AND IN THE MATTER OF KIN CONSTRUCTION PTE LTD (In Creditors' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to
      822 words
    • Advertisement
      Page 14 Advertisements Column 2
      65 14 The full use OF TODAY s THE BEST PREPARATION /<//• TOMORROW n Make mountains out of molehills. M With so many fine educational and upgrading opportunities in The Straits Times Classified daily, it's no wonder our readers are inspired to scale the heights of knowledge. fX<~ Advertise in the Education/
      65 words
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      Page 16 Advertisements Column 1
      1434 16 BUSINESS IN THE MATTER OT THE COMPANIES ACT (CHArTER*) AND IN THE MATTER OF SDC TRAINING CENTRE PTE LTD (IN LIQUIDATION) (Mwbm' Vohmtary WMiag-Up) NOTICE or FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, (Chapier 30) that die Final General Meeting of the Members
      1,434 words
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      Page 16 Advertisements Column 2
      1574 16 II LION ASIAPAC LIMITED (INCORPORATED M THE REPUBLIC Of SINGAPORE) aw TWENTY-EIGHTH JaUiWAL GENERAL MEETING NOTKS IS 'Tillf fllllK MH "he Twentyeighth Annual Genera! Meeting of the Company will be held ot The Conference Room at 10 AiSKmbSHwOO ton Industrial folding Singapore *****7 on Tuesday. 15 December 1998 at 10
      1,574 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Going where the price is right
      1293 17  -  What happens to travel plans when times get tough? th su yhn finds out where famihes are spending their holidays this December TAM SU YEN WHEN a senior manager who took a holiday in the United States last year declares that this year his
      1,293 words
    • STRAWS In The Wind
      • Article
        Mind your translation
        114 17 REMEMBER Mind Your Languagei? This British TV comedy centred around an ethnically diverse group at an adult education centre struggling to come to grips with the English language, with hilarious results. One episode, aired recently on a TV channel re-running the series, had a character boasting that
        114 words
      • Article
        Time out
        24 17 SOMETHING else chanced upon while channel surfing: A news announcer saying "And that wraps up our halfhour of news on News Hour."
        24 words
      • Article
        Male menopause
        115 17 ANTS and bugs are ruling the cinema screens right now, with the showing of Antz and A Bug's Life timed with the school holidays. Antz is a cute movie about a disgruntled worker ant called Z, who needs to see his therapist because he felt neglected by his
        115 words
    • LEISURE
      • Article, Illustration
        Lock icon A walk on the wild side
        778 18  -  Sweet, innocent Babe is one little pig who should have stayed at home, says kemmeth turam KENNETH TURAN LAT-WP Anyone who earns more than US$lOO million worldwide is going to lose some of their innocence. Even if it's a pig. Especially if it's a
        LAT-WP  -  778 words
      • Article, Illustration
        Small stirrings in the grass
        696 18  -  CINEMA A Bug's Life is a charming foray into the world at your feet By\ Susan Tsang AFTER the media blitz on Antz, A Bug's Life may seem a bit repetitive. Once again, we have a misfit insect who connects with the colony's princess, becomes
        696 words
      • Article
        Lock icon Stroke your cat, but poison your rat
        871 18  -  ETHICS We suit ourselves when it comes to the question of animal rights Joe Rogaly FT WE ARE confused about the proper way to treat animals. We eat them, wear their skins, hunt some, pet others, sacrifice millions of speciallybred rodents in laboratories
        FT  -  871 words
      • Article, Illustration
        Limp attempt at a raunchy comedy
        603 18  -  CINEMA Tiger's Whip, Victor Khoo's debut film, fails to rise to the occasion »y Parvathi Narayan WHAT'S in a name? Well, a lot of clues about the movie you are about to watch, actually. His name is Dick Winner (David Calig), he wants to
        603 words
    • VIEWPOINT
      • Article
        Isn't it time for the customer to be king once more?
        785 19  -  Off the cuff Scrapping the 10 per cent service charge from restaurant bills would do mnch to show just how far consumer rights have come in Singapore by Jaime Ee I'M NOT the sort of person who sends food
        785 words
      • Article, Illustration
        Lock icon 'I love being other human beings'
        1196 19  -  Theatre, for actor Randall Duk Kim, is an exploration of the deepest levels of human consciousness. In fact, watching people go through their destinies on stage can be a life-changing experience for toe viewer, he tells paryathi mabayam PARYATHI MARAYAN HE DOES not seem
        CHRIS LOH  -  1,196 words
    • EPICURE
      • Article, Illustration
        Lock icon Moorish magic
        914 20  -  Do words like chermoula, harissa and chickpeas sound too exotic for you? Have no fear. One visit to Efferus at Club Street is all that's needed to make you change your mind, says a newly-converted jaimb bb JAIME EE Efferus, it seems, translates literally into "no fear" not
        PHOTOS BY ARTHUR LEE  -  914 words
      • Article
        The glorious rise and rise of Domaine Lafon
        800 20  -  WINE CONNOISSEUR There dees net seem te be any limit to the heights these wines can reach By N K Young DOMINIQUE Lafon was in his vineyard clothes when we called in at the winery in Meursault at the end of September.
        800 words
      • Article, Illustration
        Drop in at Mao's on this gourmet safari
        168 20 CRAVINGS YOU'VE SEEN it in the advertisements. The late Great Chairman Mao or his lookalike has gone for a walkabout on Orchard Road. He's been spotted coming out c Orchard MRT station, for example. And in the same spirit, Tung Lok's irrepressible
        168 words
      • Article
        Raffles'cake mantra
        183 20 RAFFLES Hotel may be known for scaling some msyor culinary heights. But try ordering a cake from the Grand Dame and you confront the unbending hand of bureaucracy. A colleague's wife rang the hotel to inquire about ordering a chocolate cake for her parents' upcoming visit. What advance
        183 words
      • Article, Illustration
        Surprises from Susur Lee
        181 20 NOW THAT the talented Susur Lee is firmly installed as Tung Lok's culinary consultant, even the dimsum at Club Chinois, and presumably, Tung Lok's shark's fin, are undergoing a major transformation. Chef Lee has put a restrained fusion twist on dimsum wifh lots of greens, hardly
        181 words
      • Article, Illustration
        Stars at Enterprise 50
        95 20 IT'S THAT time of the year when the business community salutes top perfoming privately-owned businesses with the Enterprise 50 awards organised by Andersen Consulting, The Business Times and the Economic Development Board. This year's extravaganza featured a kaleidoscope of coloured stars and a multi-media show saluting
        95 words
      • Article
        Beaujolaisjoys
        90 20  -  Compiled by Tan Su Yen FROM Provignage The Wine Cave at Robertson Quay to Cafe Georges at Le Meridien. wine lovers are still lapping up France's First Harvest wines released at midnight on Oct 19. Provignage is offering this year's Beaujolais Nouveau from Burgundy's Maison Joseph Drouhin. Cafe Georges
        90 words
    • STYLE
      • Article, Illustration
        Architectural creations
        485 21  -  Fulvio Maria Scavia, jeweller to the very rich, is committed to designing technically perfect pieces, tam su ten reports TAN SU YEN Milan-based jeweller Fulvio Maria Scavia is a man whose name trips off the tongue of those in the market for major rocks, whether they are Indonesian
        485 words
      • Article, Illustration
        Cool, clean looks from Frighetto
        398 21  -  FURNITURE Form and function are happily fused together in this minimalist label Jaime Ee THIS may not be the best time to shell out a few thousand dollars for a new sofa, but one can imagine that the temptation to spruce up the home in
        398 words
    • MOTORING
      • Article, Illustration
        Mazda's quiet, well-behaved performer
        631 21  -  The stylish and spacious new 323 hatch is easy to like, says christophbr tax CHRISTOPHER TAN MAZDA's been out in the cold for too long. Ever since it wowed the world with the Miata some 10 years back, "followed it up with a stunning successor -to
        631 words
    • LEISURE
      • Article, Illustration
        WHAT'S ON
        486 22  -  Compiled by M Yasotha MUSIC Guitar Recital By AlexanderSergei Ramirez Having impressed audiences around the world with his mastery of classical guitar-playing, this Peruvian musician will perform for the first time in Singapore as part of his South-east Asia concert tour. Dec 5, Bpm at DBS Auditorium. Tickets:
        486 words
      • Article, Illustration
        Venetian voices
        609 22  -  Concerto Italiano lives up to its reputation as a top early music group, says p tvam P V VAN EARLIER this week, the audience at the Victoria Concert Hall was transported by Concerto Italiano, an award-winning early music group, back to "An evening at Mocenigo Palace, Venice 1624".
        609 words
      • Article
        The good guide to buying yourself a design
        638 22  -  BOOK REVIEW Corinne Kerk IF YOU'RE wondering how best to go about selecting a design firm to create a new logo or brochure for your company, help is now at hand in the form of the newly-launched Design Buying Guide. The guide,
        638 words
    • Article, Illustration
      CINEMA
      722 23 Ant*. Z is a lowly worker ant who falls in love with a royal ant, Princess Bala, and winds up saving his ant colony. Lido, Choa Chu Kang, Hougang, Jurong, Century, Orchard, Beach Road, Bugis, Toa Payoh, Whitesands, Empress, Jubilee, Yishun, Bishan, Tiong Bahru, Boon Lay, Marina, Eastpoint, Central.
      722 words
    • Article
      ENQUIRIES AND BOOKINGS
      119 23 Cathay Org Cathay 338-3400 Easfshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 I Yangtze 223-7529 Kng Wah Empress 777-5867 Jubliee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 Qoldan Village 1900-912-1234 332-6098 for group bookings wheelchair facilities Bishan Boon Lay Marina TampinesS Tiong Bahru Yishun Ovarsaas Mo via Clementi/Co'wealth 777-0669
      119 words
    • TRAVEL
      • Article, Illustration
        Lock icon Sipping a cocktail and soaking up the sun
        1214 24  -  Ho Chi Minh City now has trendy bars, emerging restaurants and a world-class resort within striking distance, mark oh oh am checks out the after-hours options before moving on to the seaside town of Nha Trang MARK GRAHAM ONE must-stop venue for
        PHOTOS BY MARKGRAHAM FOR BT  -  1,214 words
      • Article, Illustration
        Lock icon Egypt hopes to hit the right note with Aida
        1124 24  -  EVENT Will the opera's success entice the tourists back? By, Mark Huband FT MADAME MERVAT was shivering in her cocktail chiffon as she shuffled through the sand to the VIP seats, her jewels sparkling in the floodlights. It was an evening
        FT  -  1,124 words
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      6 17 B Jewellery Fulvio Maria Scavia ELS
      6 words
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      Page 17 Advertisements Column 2
      97 17 Travel Ho Chi Minh City EL 8 11< >v\ t<) i' an K\< '(■;PTU I ((>( ,11 >.\ V Sl'. A>< »N VII I It S'S Of CHICAGO THE LEGEND THE STEAKHOUSE f '/<<<!,, //</7 < < <<ft </</)' /f f/ii < ">< /(<t, /n //>/ //'/V/V y, I SI)
      97 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      237 22 i/v J* J Diners Club Offers up to Sslo,ooo FREE Where to dine snd entertHin*** international New purchases insurance. IJIpBi "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
      237 words
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      Page 22 Advertisements Column 2
      51 22 CAFE DE GRAND LEVEL 1 j-y Q Q-n HOTEL ORAND CENTRAL UMTTEO 22 Orchard Road/Cavanagh Road, Singapore *****7 Tel: 737 9944 Ext 40QA12 Fax: 733 3175 Advertise in Wine, Dine Entertain of The Business Times. II Contact Jennifer Ng 740 1581, Raymond Seah <& 740 1260 or Shirley Lee 740
      51 words
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      Page 22 Advertisements Column 3
      150 22 IJpN&UtfDAY I r 6RUKCN I >52.00'" PER ADULT WITH FREE-FLOW OF CHARLES HEIDSIECkf 1 I CHAMPAGNE. RED WHITE WINE. draught tiger beer and I WITH FREE-FLOW OF SOFT DRINKS I PAOLO I PASSIONATILV ITALIAN TASTEFULLY CHINESE ROYAt CROWNE PIAZA SINGAPORE B 25 scons ROAD SINGAPORE *****0 I j WHEN YOU
      150 words
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      Page 22 Advertisements Column 4
      128 22 "1212" LUNCH PROMOTION (From 12 noon 2.30 pm daily) Come and try our value for money "1212" lunch promotion bring at least one friend to enjoy the following special prices and discount. Z li 2ai IWMnril SHWrt« nwrtß Mon Chicken Rice $8.50 $1.00 $4.25 Tu« Nasi Goreng $7.50 $2.00 $3.70
      128 words
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      Page 22 Advertisements Column 5
      93 22 24-hour Coffee House Ist floor The CHicken Rice Capital Of The World 333 Orchard Road, Singapore *****7. Tel: 737 4411 Sat Sun 12 noon to 5:30 pm Adult $18.80 Child $9.40* Enjoy a leisurely Buffet Lunch that stretches into High Tea every weekend. And for exceptional value, kids get to
      93 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2116 23 TODAY'S TV nnj.AUEsnL.nnn M 1 2JO Panggung: Hang Jebat. BECOMMLHDED YmwiMQ a.. 4.30 KeluangMan. 10.00 AM Response TV. 5.00 Taman Sesame. Following aUhe d l92 h 4 a pans tWlnnme «0 Denver. The Las. Dine their dreams Olympics. O^e'wants to IS.: world soccer S?SS arpom ToM a a flu. honour
      2,116 words
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