The Business Times, 30 October 1993

Microfilm: NL18964
Total Pages: 32
1 32 The Business Times
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  • Title Section
    Masthead
    15 1 Business Times mh a (P) 552/12/92 Weekend Edition, October 30-31 1993 WE KMOW ASIA 75"
    15 words
  • Article
    $3.60 strike price for Telecom C shares
    656 1  -  By Genevieve Cua SINGAPORE A strike price of $3.60 has been set for Singapore Telecom's Group C shares, or 80 per cent above the minimum bid price of $2. Telecom's initial public offer of 1.1 billion shares was subscribed by 4.1 times, prompting
    656 words
  • Article, Illustration
    Malaysian Budget to spur lagging private investment
    760 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIAN Finance Minister Anwar Ibrahim has proposed wide-ranging measures to spur lagging private investment and to combat inflation in his 1994 Budget, a package analysts say will ensure sustained growth in the country's already strong economy. In
    760 words
  • Article, Illustration
    S'pore investors aren't small potatoes in China anymore
    190 1  -  From Schutz Lee in BEIJING SINGAPORE investors are no longer "small potatoes", says China's Minister for Foreign Trade and Economic Cooperation. The growing presence in China of Singapore investors, and especially their participation in the Suzhou township project, has made Mdm Wu
    190 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones slightly lower
      52 1 Reuter NEW YORK Wall Street stocks were slightly lower yesterday, slowing a turbulent week that saw stocks rocket to a record high. The Dow Jones industrial average eased 1.40 points to 3,686.46 at Ipm EDT. In the broad market, gainers were just ahead of declining issues
      Reuter  -  52 words
    • Article
      Lock icon EC agrees on Germany as EMI site
      44 1 Reuter BRUSSELS European Community leaders agreed yesterday to put the European Monetary Institute (EMI) in Germany, French Prime Minister Edouard Balladur said. An EC official said Frankfurt was the chosen site for the embryonic EC central bank.
      Reuter  -  44 words
  • Article, Illustration
    MARKET SUMMARY
    111 1 Stock market indices Friday Change STI1 2.102 51 +0.78 KLSE Composite 971 99 +25.27 Nikkei 19.702.97 *223.52 Hang Seng 9,329.09 +318.82 SET Index 1.***** +21.73 Jakarta Composite ...466.15 +104 CLSA China B ......1.032.73 -3.47 AustAIIOrd 2.112.2 +35.9 FTSE 100 3,171.1 +8 Friday Pre*io« Ipm dose Dow Jones 3.686.46
    111 words
  • Article
    S'pore lags as regional share markets push ahead
    207 1  -  By R Sivanithy SINGAPORE The regional bulls continued to charge ahead yesterday, sending share prices in Malaysia, Hongkong. Thailand and the Philippines to record levels. In Singapore, however, late profit-taking in a day of hectic trading left the Straits Times Industrials Index
    207 words
  • Article
    Foreign fluids give lift to HK's biggest bull run
    421 1  -  From Catherine Ong in HONGKONG THE biggest bull run on the Hongkong stock market gathered speed yesterday as foreign funds, led by the Japanese, pushed stocks to a record high. The Hang Seng index smashed through its previous record of 9,031.13,
    421 words
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  • SINGAPORE NEWS
    • NEWS ROUNDUP
      • Article
        CPF receives $2.7b in third quarter
        65 2 THE Central Provident Fund (CPF) Board yesterday said that as of September, there were 92,792 employers contributing to the fund. The fund had 2.44 million members holding a balance of 555.6 billion. For the third calendar quarter, the board received 52.7 billion, and released
        65 words
      • Article
        Coast Guard did not enter Indon waters
        124 2 The Ministry of Home Affairs said that recent Indonesian newspaper reports claiming that the Singapore Police Coast Guard (PCG) boats had entered Indonesian waters on Oct 14 to pursue •segal immigrants were "factually inaccurate and misleading". ministry gave its version of the chain
        124 words
      • Article
        US embassy to move to Napier Road
        140 2 ;THE United States government will be moving its embassy from jthe current site at Hill Street to a new US$5O million (Ss7B million) chancery in Napier Road which is scheduled for completion in 1996. The new building, which sits on land acquired in
        140 words
    • Article, Illustration
      Singapore to launch national strategy for quality
      482 2  -  By Teh Hooi Ling THE government will start a National Quality Strategy which will include initiatives to inculcate quality consciousness in the population, and initiatives to promote quality systems, announced Deputy Prime Minister Lee Hsien Loong yesterday. The National Productivity Board (NPB) and
      482 words
    • Article
      Methode Electronics and Baxter win NPB awards
      171 2 BAXTER Healthcare and Methode Electronics Far East have won this year's National Productivity Awards. Baxter Healthcare, a manufacturer of medical devices, was conferred the award for having a value-added productivity and labour cost competitiveness which arc more than double the industry's average. Methode
      171 words
    • Article
      Holland property may fetch Aussie govt as much as $16m
      195 2  -  By A J Leow A PIECE of land in the prime residential district near Holland Village being sold by tender by the Australian government may fetch as much as Sl6 million. Property consultants contacted by BT said the 69.088 sq
      195 words
    • Article, Illustration
      Apple's new computers tap communications technology
      384 2  -  By Claire Leow APPLE Computer of California has launched 11 new products, including computers that incorporate communications capabilities. The technology that transforms mere computers into workstations that double as fax machines, answering machines and television sets is not new. but Apple is betting on
      384 words
    • Article
      ISD witness contradicts MTI evidence
      616 2  -  The OSA Trial Reports by Ramesh Divyanathan AN INTERNAL Security Department (ISD) officer yesterday stood by his testimony even when he was told that it contradicted the evidence of another government ofHcial. It was pointed out to Inspector Choo Khing Seong that on Thursday he
      616 words
    • Article
      No physical act of passing data: Insp Choo
      237 2 THERE was no physical act of secret data passing from Tharman Shanmugaratnam to Manu Bhaskaran. Internal Security Department (ISD) investigations revealed. Inspector Choo Khing Seong admitted this during cross-examination yesterday by Bhaskaran's lawyer. Michael Khoo. Asked by Mr Khoo just what was
      237 words
    • Article
      CASE FILE
      106 2 On trial: Five men who tan- 1I charges of breaching the Official Stxrels Act by eomnmmcmting and/or rewiring the government 4.6 per cent flash estimate of second-quarter 1092 economic growth before il was officially released. The flash estimate was referred to in a BT report on June 29.
      106 words
    • Article
      BT editor published report after comments from govt official
      221 2 BUSINESS TIMES editor Patrick Daniel published a report which referred to secret data because of the "encouraging comments" of a senior government official, said Daniel's lawyer yesterday. When this was put to Internal Security Department Inspector Choo (thing Seong by K
      221 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      214 2 "I gave v a stranger house WW S q r l <? Ist Of<N*> I 1 %J ."iUn K Pu cio U x l 2 I L 4 TLI hi mi*, ar *a 13, split few*/ 0 *£$£A /)e rt h n v 4 ft PiU 'o a y, 'WF£!
      214 words
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  • THE REGION
    • Article
      Beijing favours awarding SEZ status to Suzhou township
      388 3  -  Dhanabalan in China Reports from Schutz Lee in BEIJING BEIJING is not only in favour of, but is seriously considering, according the status of Special Economic Zone to the Suzhou township being developed by a Singapore consortium, Wu Yi, China's Minister for
      388 words
    • Article, Illustration
      Lock icon MOU signed to boost trade and economic ties
      299 3 BEIJING Singapore and China have set up a channel for contact and consultation on matters of economic cooperation, trade and investment under a pact initiated by the Chinese and signed here yesterday. The Memorandum of Understanding (MOU) on Economic Cooperation and Promotion
      Photo by Aziz Hussin of The Straits Times  -  299 words
    • Article
      Lock icon China acts against electricity quota violation
      225 3 AFP BEIJING China will, from Monday, cut ofT power supplies to businesses which seriously exceed state quotas for electricity usage. Lu Yanchang. the vice-min-ister of China's power industry, was quoted yesterday as saying that violators will First be warned, and if they persist authorities
      AFP  -  225 words
    • ASIA NOTES
      • Article
        Lock icon French first in Ho Chi Minh City
        70 3 AP BANGKOK The Credit Lyonnais Bank of France has been granted a licence to open what will be the first foreign bank branch in Ho Chi Minh City. Vietnam's commercial centre, an official report said yesterday. It will be Credit Lyonnais' second branch
        AP  -  70 words
      • Article, Illustration
        Lock icon Business with an eye on basic needs
        57 3 AFP HANOI Men transport earthenware pots on their bicycles to a market outside Vinh city, the capital of Nghe An province. The pots, which are mainly used for cooking by peasant families in the province, one of Vietnam's poorest, sell for about 100
        AFP  -  57 words
      • Article
        Lock icon US resumes military talks with China
        66 3 AP BEIJING The United States said yesterday it is resuming high-level military exchanges with China that were suspended after the bloody crackdown on the 1989 Tiananmen Square democracy movement. Charles Freeman, assistant secretary of defence for regional security affairs, will be in Beijing trotyl
        AP  -  66 words
      • Article
        Lock icon Hanoi to scrutinize beverage ventures
        66 3 Reuter HANOI Vietnamese Prime Minister Vo Van Kiet wants ID restrict soft drink and beer imports and will personally new beverage joint venture proposals to ensure adequate domestfe: investment, state media reported. CarlsbeiTg. Heineken, San Mijuel. Schweppes. CS Beverages. BGI, Pepsico and Coca-Cola aqe among
        Reuter  -  66 words
      • Article
        Lock icon Tokyo loan for Indon development
        33 3 AP JAKARTA Indonesia and Japan signed an agreement yesterday for Japan to supply a loan of US$l.4 billion (552.2 billiofl) for development of infrastructure and human resources. AP;
        AP  -  33 words
    • Article
      Lock icon UK ready to quit HK talks if next round fails
      311 3 Reuter HONGKONG Next month's 16th round of SinoBritish talks on Hongkong will be the last and Governor Chris Patten will press ahead with democratic reforms unless China makes major concessions, a British source said yesterday. Mr Patten met chief British
      Reuter  -  311 words
    • Article
      Lock icon Asean and China tipped to lead world growth for next decade
      287 3 AFP MANILA The Association of South-East Asian Nations (Asean) and China will lead the world in economic growth for at least the next 10 years, a prominent Philippine economist said in a forecast released yesterday. Bernardo Villcgas, senior vicc-prcsidcnt
      AFP  -  287 words
    • Article
      Lock icon Japan's jobless rate rises to five-year high of 2.6pc
      262 3 AP TOKYO In a sign that Japan's lingering recession is forcing companies to cut more workers, the nation's jobless rate rose to a five-year high of 2.6 per cent in September, according to government reports released yesterday. The statistics bureau of
      AP  -  262 words
    • Article
      Lock icon Friedman sees few signs of a free economy in China
      267 3 AFP HONGKONG Monetarist guru Milton Friedman, fresh from a visit to China, said he saw few signs the communist regime is easing its iron grip on the economy, despite its claims of embracing bold reforms. Flying in the face of
      AFP  -  267 words
    • Article, Illustration
      Lock icon Indon minister warns of difficulty during economic plan
      215 3 Reuter JAKARTA Indonesian Finance Minister Mar'ie Muhammad warned his country that it would face economic difficulty during the next Fiveyear development plan, commencing in April next year, and urged businessmen to remain cautious. He said a soaring current account deficit and low
      Reuter  -  215 words
    • Article
      Taipei expresses concern over Beijing's hardline stand on HK
      261 3  -  From Catherine Ong in HONGKONG TAIWAN'S dc facto ambassador in Hongkong, John Ni, has expressed concern over China's hardline stance in the ongoing Sino-British talks on the territory's political future. "Frankly, we're very much conccrned," he said at a lunchcon gathering
      261 words
    • Article
      Lock icon Former Japanese PM accused of taking bribes from Kajima
      250 3 AFP TOKYO Former Japanese premier Noboru Takeshita. implicated in a past corruption scandal, was accused yesterday of having taken bribes from construction giant Kajima Corp. said the Asahi Shimbun newspaper. The report quoted colleagues of Kajima Nice-presi-dent Shinji Kiyoyama as saying
      AFP  -  250 words
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  • MALAYSIAN BUDGET '94
    • Article, Illustration
      KL sees 8.2pc GDP growth next year
      604 4  -  Reports from Leslie Lopez in KUALA LUMPUR MALAYSIAN government planners say the eeonomy is set to expand at a slightly faster pace next year on the back of stronger private consumption and an increase in public expenditure. According to the latest Finance Ministry
      604 words
    • BUDGET BRIEFS
      • Article
        External debt set to rise in 1993
        105 4 MALAYSIA'S outstanding external debt is expected to increase by 11.7 per cent to M 547.19 million (5529.26 million) in 1993, after declining by 2.6 per cent last year. The increase is due to the expected larger external borrowing by both the private sector
        105 words
      • Article
        Lower crude oil prices in 1994
        91 4 MALAYSIA, a net exporter of crude petroleum, says prices arc expected to average about USS 17.50 per barrel in 1994 from about US$lB.5O, on fears that the Organisation of Petroleum Exporting Countries (Opec) isn't expected to stick to its strict supply quotas. The country,
        91 words
      • Article
        Higher rubber and palm oil prices seen
        113 4 MALAYSIA expccts prices of rubber to increase slightly in 1994 as economic recovery is anticipated in major consuming countries. The price of RSSI is forecast to increase by 3.2 per cent to M 52.25 per kilogram while the price of SMR 20 is
        113 words
      • Article
        International reserves on the rise
        50 4 THE overall improvement of the country's balance of payment position is set to boost the international reserves of the central bank. Bank Negara. to MSS7 billion in 1993 from M 547.194 billion last year. The expansion is sufficient to finance six months of retained imports.
        50 words
    • Article, Illustration
      Manufacturing set to continue double-digit growth
      575 4 MALAYSIA'S robust manufacturing scctor is set to post dou-ble-digit growth next year and increase in contribution to the overall economy. According to the latest Finance Ministry report, the economic recovery in major industrial countries is expected to enhancc external demand and help the scctor
      575 words
    • Article
      Exports to grow 15.6pc in face of strong demand
      362 4 SUSTAINED demand for Malaysia's manufactured products and the diversification of its markets is expected to increase the country's exports of goods and non-factor services, such as airline services, by 15.6 per cent this year, up from a rate of 9.3 per
      362 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      961 4 THE TOYO TRUST BANKING CO., LTD. (INCORPORATED IN JAPAN) TRUST NON-CONSOLIDATED BALANCE SHEET I NON-CONSOLIDATED STATEMENT As at 31st March 1993 and 1992 OF INCOME BANKING ACCOUNT For y**™ ende<l 3,st March 1993 and 1992 Millions of yen Millions of yen 1 a 4. iqqo IQQ2 Income: '"J 1992 Assets
      961 words
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  • COMPANIES & MARKETS
    • Article
      Telecom's market cap equals half of listed firms' on SES
      566 5  -  Singapore Telecom share offer By Lee Han Shih SINGAPORE Everybody knows Singapore Telecom would be big, but exactly how big this statutory board-turn-ed-listed telecommunications giant would be was only revealed yesterday when the Ministry of Communications announced the strike price
      566 words
    • Article
      C share strike price within expectations, say analysts
      536 5  -  By Genevieve Cua, Corinne Kerk SINGAPORE Analysts say the strike price of $3.60 for Singapore Telecom's Group C shares are within expectations. While there was little consensus on how the share price would fare, they agreed that Telecom's debut on Monday would
      536 words
    • Article
      CPF investors can withdraw profits next October
      202 5 SINGAPORE Investors who sell their Telecom shares bought with CPF funds can only withdraw their realised profits once a year, starting from Oct I, 1994. For those who have bought only Group A shares with their CPF money, the CPF Board will, from
      202 words
    • Article
      HK tycoons with close China links could be badly burnt in stock market
      827 5  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Here is a story, widely circulated in certain circles in Hongkong, that will please those who still believe in justice and fair play in the stock markets. This supposedly
      827 words
    • Article, Illustration
      SES listing is no guarantee of company's worth: Barker
      424 5  -  By Quak Hiang Whai SINGAPORE The stock exchange's approval for a company's listing does not mean that the investment merit of its shares are guaranteed, the Stock Exchange of Singapore chairman warned in his latest annual statement. Mr E W Barker,
      424 words
    • Article
      Lock icon HK's Dao Heng launches Asia's first telecom mutual fund
      233 5 Bloomberg Business News HONGKONG Dao Heng Fund Management has launched the first unit trust, or mutual fund, targeted exclusively at investing in Asia's rapidly growing telecommunications industry. The Hongkong-based fund manager, which is part of the listed investment concern Guoco Group,
      Bloomberg Business News  -  233 words
    • Article, Illustration
      Lock icon SUMMARY
      332 5 Source: Bridge Info Performance of STII's Index stocks Oct 29 Last Seasc Mx Slock sale Chft factor mo»ers (V) Avimo 1940 1.31 CAC 7.550 -0 250 5.10-454.55 Ceretws 7 050 0 100 4 76 181.82 FAN 15 500 10 47 GF Asia 3 080 -0 020 2 08 -36
      Source: Bridge Info  -  332 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Lock icon Renong cuts stake in Faber
          81 6 Reuter KUALA LUMPUR Renong Bhd said it had disposed of 50 million shares in Faber Group Bhd on the open market for MS 138.98 million (5584.8 million), or an average M 52.78 per share. The disposal, which will give Renong an extraordinary gain of M
          Reuter  -  81 words
        • Article
          Causeway counter suspended
          38 6 SINGAPORE Causeway Investment Ltd has asked the Stock Exchange for a temporary suspension in the trading of its shares with effect from 9am yesterday. It said this was to precede an announcement from the company.
          38 words
        • Article
          OCBC revises share indices
          59 6 SINGAPORE OCBC Bank has revised its OCBC 30-share Index. OCBC OTC Index and OCBC Composite Index, following the impending listing of Singapore Telecom shares. The new scries, which take into account Telecom, will be published from Monday. The bank said it has also made changes to
          59 words
        • Article
          Econ Int'l offer for CPF members
          49 6 SINGAPORE CPF members may use their CPF savings to buy Econ International Ltd shares. Econ said yesterday that the CPF Board confirmed that CPF members may use their funds under the Basic Investment Scheme and the Enhanced Investment Scheme to buy its shares.
          49 words
        • Article
          Lock icon MGA misses Taipei deadline
          73 6 Bloomberg Business News TAIPEI Morgan Grenfell Investment Management (Asia) Ltd of Singapore has lost an opportunity to invest US$45 million (Ss7o million) in Taiwan's stock market after a deadline to bring the cash into the country expired yesterday, the Securities and Exchange Commission said. Morgan Grenfell
          Bloomberg Business News  -  73 words
        • Article
          Lock icon Siam Cement eyes Asia Cement
          94 6 Bloomberg Business News BANGKOK Siam Cement Co will buy a 20-25 per cent stake in unlisted Asia Cement Co from Bangkok Bank and its controlling shareholders, said Bangkok Bank executive chairman Chatri Sophonpanich yesterday. The share sale will be part of a I billion baht
          Bloomberg Business News  -  94 words
      • Article
        Low Keng Huat's profit down 24pc
        215 6 SINGAPORE Construc-tion-based Low Keng Huat Singapore (LKHS) yesterday reported net earnings of S$ 1.91 million for the six months ended July 31. down 24 per cent from previously. This was in spite of a sharp increase in turnover which rose 105.5 per cent to
        215 words
      • Article
        Jaya's shipyard capacity to rise with two new facilities
        253 6 SINGAPORE Sesdaq-listed Jaya Holdings' shipyard capacity will increase substantially in the next 18 months when its two new facilities start fullscale operations. In a statement issued yesterday, Jaya managing director Y M Pang said: "Our immediate target is to accelerate our
        253 words
      • Article, Illustration
        Lock icon Disney's biggest store opens
        50 6 Reuter FRANKFURT The biggest Disney store in the world opened in Frankfurt on Thursday In keeping with the 'big' theme, store operations assistant Chantal Albertz agreed to pose in front of the building with giant replicas of Mickey Mouse and and his faithful dog, Pluto. Reuter
        Reuter  -  50 words
      • Article
        Lock icon QVC likely to raise takeover bid for Paramount
        209 6 UPI NEW YORK QVC Network Inc has given a strong indication that it will boost its hostile bid for Paramount Communications Inc. though probably not within the next few days. Wall Street traders said on Thursday that they expect the current QVC
        UPI  -  209 words
      • Article
        Lock icon Interim profits down for most major electronics companies
        510 6 Japanese corporate results AP TOKYO Profits tumbled for all but one of the five major Japanese electronics companies that announced results yesterday for the first half of the fiscal year a sign the industry hasn't yet found a way out of its
        AP  -  510 words
      • Article
        Lock icon Nissan expects to break even despite half-year loss
        252 6 AFP TOKYO Japan's Nissan Motor Co Ltd announced yesterday a pre-tax loss of 28.9 billion yen (*****.2 million) for the six months to September, more than double the 14.2 billion yen loss a year earlier. But the world's fourth-big-gest car maker said
        AFP  -  252 words
      • Article
        Other results
        272 6 JAPAN Airlines Co Ltd said its pre-tax losses ballooned 80 per cent to 7.9 billion yen (*****.7 million) in the six months to September and predicted further turbulence. It forecast a 30 billion yen loss for the full year. Camera maker Nikon Corp announced a pre-tax loss of
        272 words
      • Article
        Good response from foreigners for Kepphil offer
        425 6  -  From Al Labita in MANILA FOREIGN subscription of the just-concludcd 500 million pesos (5527.1 million) initial offering of Kepphil Shipyard Inc (KSI) has been "overwhelming", a company official said on Thursday. "This strongly manifests the growing confidence of foreign investors in the emerging
        425 words
      • Article
        Lock icon Golden Hope signs MOU with Chinese oil company
        228 6 Bernama KUALA LUMPUR Golden Hope Plantations Bhd. in its maiden venture into China, yesterday signed a memorandum of understanding (MOU) with Jiangyin Oil and Fat Chemical Factory of China. In a statement released here yesterday. Golden Hope said that under the MOU,
        Bernama  -  228 words
      • Article
        BAe unit investing in Asian turboprop market
        239 6  -  By Juliette Walker SINGAPORE Jetstream Aircraft Ltd, which is part of British Aerospace (BAe), is investing its marketing dollars in the Asia-Pacific region to prepare for an expected shift towards the use of regional turboprops within five years. Marketing director Nick Godwin said
        239 words
      • Article
        UNIT TRUSTS & FUNDS
        404 6 UNIT TRUSTS FUNDS Mm(W' them CVt 30 Nov I HTUC InCOftM SinfMMr* Unit Tract Income Bood Polio 3.90 4.05 ThelZn*™ I 58 66 PflldeBtW The Savings Fund I.JO 158 PruUnk Mgd Fund 1.33 1.40 S pore Prof Fund 0.67 O 70*d u Spore Sec Fund 0.97 1.02 WAIW-Bumipuu3 Sport Invest
        404 words
      • Article
        DIVIDENDS ANNOUNCED
        696 6 Payment Ex Books Pay date close date Bedford M)« F 2.5 Nov 3 Nov 17 Dec 8 BMTSIO(IOO) F 100 Nov II Nov 23 Nov 25 Boustead 50« F 10 Nov 19 Dec 3 Dec 30 F 5 Dec 9 Dec 15 Dec 22 Chuan Hup F 3TE
        696 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Modern Bank plans to go public early next year
        457 7  -  By William Chia JAKARTA Modern Bank, flagship of the medium-sized Modern Group which is involved in photographic equipment and property development. plans to list early next year. Modern Group chairman Samadikun Hartono said recently the bank was ready to be listed
        457 words
      • Article
        Lock icon Philippine bank cartel opposes open market call
        334 7 AFP MANILA A Philippine banking cartel yesterday opposed calls by foreign competitors to open up the local market, saying their promises of benefits for the public were whipping up "false expectations". The Bankers' Association of the Philippines (BAP) said it welcomed new banks
        AFP  -  334 words
      • Article, Illustration
        US$ continues to rise
        457 7 DBS Weekly Currency Report LSS/Dm: Bulls still in fa>our The US dollar continued its rise early this week, reaching a high of 1.6885 on Tuesday and retraced back to 1.6725 on Wednesday. Trading was choppy on Thursday as USS/Dm rose to 1.6920 before falling to 1.6665
        457 words
      • Article
        Lock icon Sri Lanka wants to promote T-bills market
        480 7 Reuter COLOMBO Sri Lanka's central bank plans to give special privileges and enforce a code of conduct on dealers of government securities in an effort to inject more enthusiasm into the rapidly growing market. dealers said yesterday. "The central bank wants to see
        Reuter  -  480 words
      • Article
        Lock icon Fear of gold sales by central banks abates
        210 7 Reuter JOHANNESBURG The gold market has less to fear about sales from major eentral hanks than it did a year ago. N M Rothschild and Sons Ltd director Robert Guy said. "Indeed, to the contrary, they have become an even more important
        Reuter  -  210 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        153 7 THE US$/majors moved lower yesterday after overnight sales of USS by European central hanks caught the market on a wrong footing. The US$/S$ experienced a very hectic day yesterday with the announcement of Telecom's issue strike price a main concern. The USS dropped to a
        153 words
      • Article
        Lock icon London
        188 7 Reuter LONDON The dollar took a time out during the European session after a busy two week period, which has seen the US currency bounce up around five pfennigs. Its most recent attack on the 1.69 marks barrier was blocked by a heavy bout of profit-taking late on Thursday
        Reuter  -  188 words
      • Article
        Prices fall amid reports of higher Opec output
        193 7 Bloomberg ENERGY REPORT LONDON Crude oil futures prices collapsed yesterday on reports that Opec production will exceed its new target this month by as much as 400.000 barrels a day. Prices on both sides of the Atlantic approached three-year lows. The international
        193 words
      • Article
        Lock icon New York
        86 7 AFP NEW YORK The dollar climbed against major currencies early yesterday in a calm market devoid of new economic factors, while gold also gained. At about 9:20 am, the dollar was trading at 1.6767 German marks, up from 1.6753 late Thursday, and at 108.47 yen, up from 108.15.
        AFP  -  86 words
      • Article, Illustration
        Untitled
        1715 7 liaJr Ht ifhhii imit ijhiiluu-J attain\ Spurt tif> 14 naJinx panntr\ HUM- tint Its USS/SS forward rates Noon Oct 29 s$ Bid Offer I-month 1.5832 ***** .-month 1 5818 ***** Vmonth I 5808 I 5833 6-month 1 5800 1 5830 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am m
        1,715 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars bearish on US economic data
        1434 8 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars ended on a bearish note after a lacklustre session yesterday with prices range bound after the release of gross domestic product (GDP) figures. The overnight report showed the US economy grew at a 2.8 per cent annualised rate,
        Reuter  -  1,434 words
      • Article
        KL tin steadier on smaller offering
        620 8 COMMODITY REPORTS Tin TIN rose a sen to close at MS 12.10 a kg. helped by a smaller offering, after a brief trading session, traders said. "The smaller offering supported prices which had been expected to fall in line with weaker LME prices overnight."
        620 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Japan seen buying more crude
          77 8 TOKYO The Japan National Oil Co is likely to buv a substantial amount of extra-light Persian Gulf crude before the end of the current fiscal year (April 1993-March 1994). industry sources said. The JNOC already has contacted some of Japan s oil companies about possible
          77 words
        • Article
          Australia's first sugar sale to Bulgaria
          58 8 SYDNEY Australia has made its first raw sugar sale to Bulgaria, with Queensland Sugar Corp to deliver 25.000 tonnes next week. The corporation wouldn't reveal the price or payment details. Queensland Sugar Corp chief executive David Rutledge will visit Bulgaria to view the discharge
          58 words
        • Article
          Marubeni buys PNG oil rights
          96 8 TOKYO Japan's Marubeni Corp has agreed in principle to buy some of the equity in five Papua New Guinea oil and natural gas exploration blocks now held by major oil company British Petroleum, a Marubeni spokesman said yesterday. He said contractual restrictions between Marubeni and
          96 words
        • Article
          Force majeure on coffee deliveries
          102 8 BOGOTA. Colombia An ongoing transport strike on Thursday obliged some Colombian private coffee exporters to declare force majeure on immediate deliveries but not the National CofTee Federation, the federation confirmed. Force majeure is an uncontrollable event or a string of them that prevents one from
          102 words
      • Article
        COMMODITY PRICES
        1739 8 Rubber Oct 29 RAS Commodity Exchange (futures closing as at 1pm) RAS (physical prices) RSS 1 Contract (S ccnts/kg) Buyers Sellers Close Volume Open As at 12 noon ta ccnts/kg) Month High Low Sett (tonnes) Interest RSS 2 Nov 93 127 50 128 50N Nov 93 Dec Jan
        1,739 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1097 9 35.9 THE Australian stock market pierced the 2.1(H) level as posits e sentiment and strong oflshore interest took the bourse to its highest level in six years yesterday. Brokers said fa\ourable outlooks from companies reported at annual meetings in recent weeks were driving forces behind the market's strength. "When
        1,097 words
      • Article
        Manila
        543 9 +46.23 Share prices jumped to a new record close but the market showed signs ot slowing down as profit-taking began to set in. brokers said. The Manila composite index closed 46.23 points higher. Manila ended at 2.372.83 points against the previous 2.326.60 while Makati closed at 2.435.72 from 2.394.46.
        543 words
      • Article
        Seoul
        399 9 -0.11 Stocks closed a fraction easier in moderate trading as selling pressure on large-capitalisation counters outweighed buying interest on small and middle-sized shares, brokers said. The composite index closed 0.11 point lower at 742.72. Brokers said low price-to-book ratio (PBR) counters and shares of companies which may be the
        399 words
      • Article
        Taipei
        547 9 +20.3 Taiwan stocks closed higher on news the Securities and Exchange Gommission had on Thursday proposed removing ceilings on foreign investment in individual stocks, brokers said. The weighted index finished 20.30 points up at 4.086.17. well off an intra-dav high of 4.136.99 hit before heavy profittaking set in. Turnover
        547 words
      • Article
        New Zealand
        329 9 +28.59 Heavy trading in all shares, especially market leaders Brierley. Carter Holt and Telecom, carried the New Zealand share market to a sixth successive rise and the NZSE-40 capital index to a four-year high. In a day of high volatility, the market fluctuated in a band between 2.131.18
        329 words
      • Article
        Bombay
        59 9 -22.78 Share prices were marginally up in after-trading hour kerb deals but brokers said volumes were very low and the prices were not indicative of the trend. During the official trading session, prices had fallen and the Bombay Stock Exchange 30share index closed at 2.673.74. down 22.78 points. The
        59 words
    • WORLD STOCK MARKETS
      • Article
        London
        825 9 +9 THE stock market ended a lacklustre day with a gain on the FTSE. helped by an afternoon rally partly on technical end-account and end-month factors. Traders and analysts said the session gave no real indication of fundamental direction, however. They said they expect the market to struggle to
        825 words
      • Article
        Paris
        95 9 -14.03 Unwinding of October futures and options positions ahead of yesterday's expiry drove French shares to a lower close. The CAC-40 index ended down 14.03. or 0.64 per cent, at 2.181.95. Volume was 4.68 billion francs. Paris (lei 29 Fr AuLiguidr »IOOO -2 00 Vkjtel \iwhtwn lfr.00 EH-Aguil <10
        95 words
      • Article
        Stockholm
        149 9 +0.55pc Swedish shares ended the week with indices closing at record highs, lifted by overnight record closes on Wall Street and expectations of lower debt yields. Dealers said the market was extremely willing to buy. "People don't care about the risks when there arc such big profits to be
        149 words
      • Article
        Frankfurt
        184 9 30.54 German share prices rose strongly but market players were unsure whether the upturn would continue into next week. The DAX index closed official trade 30.54 points higher at 2.069.0. gaining 1.5 per ccnt and making up the net loss so far this week to stand just above last
        184 words
      • Article
        Brussels
        131 9 +5.8 The Bel-20 index closed at a record 1.381.38. gaining 5.8 points and beating the previous closing high of 1.375.86 set on Oct 19. as Bel-20 basket buying lifted the index in late trading. Hopes of further interest rate cuts kept prices well supported throughout the day. A total
        131 words
      • Article
        Milan
        144 9 +93 Italian stocks ended mostly higher with Assicurazioni General i SpA and telecommunication stocks gaining strongly but the rest of the market ending little changed, traders said. The Mibtel index, which just tracks blue chips traded on the screen, rose 93 points to 10.330. The MIB index of all
        144 words
      • Article
        Amsterdam
        235 9 +0.82 Dutch shares closed mixed after a volatile session with business dominated by conflicting interests in the futures market. Cash prices surged to new all-time highs initially but fell back just as swiftly later when futures marketmakers shifted positions, stock market dealers said. The EOE index finished 0.82 points
        235 words
      • Article
        Zurich
        272 9 +8.54 Swiss shares ended at a new record high as firm bourses elsewhere in Europe plus firmer Wall Street on Thursday and a round of mortgage rate cuts earlier this week's pushed prices higher. Dealers said basic sentiment was good as there was no reason why the market should
        272 words
      • Article
        Johannesburg
        283 9 +42 Good demand for secondtier industrial shares contrasting with softer gold shares marked the day's trade on the Johannesburg Stock Exchange which dealers said was not well reflected by the mixed low-key movement in the indices. The gold index ended 15 points lower at 1.755. The industrial index gained
        283 words
      • Article
        Toronto
        299 9 +3.9 Stocks eased back from earlier gains yesterday, but remained a few points higher in typically quiet pre-week-end trading, dealers said. The TSE 300 was up 3.90 points at 4.239.14 at midday after earlier jumping to a new intra-day high of 4.252.90. Some 31.8 million shares were traded for
        299 words
      • Article
        New York
        615 9 -1.4 Wall Street stocks were slightly lower yesterday, slowing a turbulent week that saw stocks rocket to a record high. The Dow Jones Industrial Average eased 1.40 points to 3.686.46 at 1 pm EDT. In the broad market, gainers were just ahead of declining issues 9-8 on New
        615 words
      • Article
        Untitled
        645 9 Vienna Oct 29 Wh \l INK) H) Bunk AuMru «Pl W i tmslantu ¥9% M I lufhjlcn 12 Lcn/ing I' 1 1 Lobm 2 H5 2 Strata* I*V» h YiiHiiii HI >* 4015 SiWii' HtJni. HtH >Wi'M# AMA Source: Bank Austria Aktiengesellchaft Nasdaq CM 2* ISS 4-/-\ik»iph C 'con Brewing
        645 words
    • Article, Illustration
      Lock icon HONGKONG
      3144 10 Reuter HONGKONG Share priccs ended a hecticday's trading at record levels with brokers tipping the market to surge even higher next week. The blue chip Hang Seng index closed 318.8_ points, or 3.54 per cent, higher at 9.329.09 while the broader-based All Ordinaries rose 136.77 points to 4.820.05. Turnover
      Reuter; Source: Bridge Info  -  3,144 words
    • Article, Illustration
      CHINA
      489 10 THE CLSA Shanghai B Index dropped 1.15 points to 780.56 on light trading with only 3.32 million shares traded. The best performer was Jinqiao Export with 630.000 shares traded. In Shenzhen, the best performers were China Bicycle Southern Glass. Although China Bicycle dropped 0.025 per cent or 20 HK
      489 words
    • Article, Illustration
      Lock icon TOKYO
      2497 10 Reuter TOKYO Stocks ended up yesterday, but slightly off the day's highs, as bargain hunting emerged on blue chips that have been sold off recently. Fears of a free fall faded among investors because East Japan Railway Co seemed to have confirmed its short-term bottom, brokers said. "Purchases by
      Reuter; Source: Bridge Info  -  2,497 words
    • Article, Illustration
      Lock icon BANGKOK
      1744 10 Bloomberg Business News BANGKOK Stock prices soared to an all-time high for a third straight session yesterday as investors bid up brokerage issues on belief that future earnings will be strong, analvsts and traders said. "Even after all these increases. (brokerage) stocks are not yet overpriced because all this
      Bloomberg Business News; Source: Bridge Info  -  1,744 words
    • Article, Illustration
      Lock icon JAKARTA
      1092 10 Reuter JAKARTA Share prices closed firmer in moderate trading yesterday, with activity improving on both local and foreign support, dealers said. The composite index ended up 1.04 point at 466.15. "Light buying momentum helped to give the market some impulse, alter the long-awaited foreign ceiling failed to materialise and
      Reuter; Source: Bridge Info  -  1,092 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2286 11 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume AMDB 50c 33.491.000 Hromct 27.676.000 Idm H>d MX' 24 794 000 Fahcr (>roup 19.765.000 KiB Corpn 50c 19 285.000 Mctropfcx 50c 17.370.000 Asia Pat Ld 50c 16 976.000 FAt B 50c 16.719.000 Ind Oiyicn 50c 16.357 000 Bedford 50c
      Source: Bridge Info  -  2,286 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Surge in Telekom shares lifts index
        5603 11 Bernama KUALA LUMPUR Share prices here closed mixed to easier yesterday as investors slowed down activities ahead of the presentation of the 1994 Budget. However, a surge in giant utility Telekom pushed the K.LSE Composite Index to a new all-time record. Foreign investors were
        Bernama; Source: Bridge Info  -  5,603 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Hectic trading centres on Clob counters
        7876 12  -  By R Sivanithy SINGAPORE Share prices closed largely unchanged yesterday, with the play mainly on selected counters here and Malaysian counters traded on Clob International. Continuing a pattern that has characterised trading this week, the Straits Times Industrials Index rose steadily from the start
        Source: Bridge Info  -  7,876 words
      • Article, Illustration
        Lock icon STIC
        64 12  -  Quak Hiang Whai STIC has enjoyed a good run in the last few days which brought all its short-term indicators into the over-bought region. Its daily RSI and stochastics have reached almost 100 and are reversing. Some consolidation will therefore take place before the stock can go for another
        SOURCE: BRIDGE INFO  -  64 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      145 5 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FA X :741 -1 298 1 HHV^T?SV3T93H NOTICE IS HEREBY GIVEN that, L NgJooHen of Blk 34 Bedok South Ave 2 #14-363 Singapore 1646, have applied for a Reuil Liquor Shop Licence in respect of premises at M/S Limau Mini man at No 4
      145 words
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      Page 5 Advertisements Column 2
      199 5 ■r■ r m NOTICE IS HEREBY GIVEN that. I, Chan Kum Tong of 315 Shunfu Rd #13-110 Singapore 2057, have applied for a Retail Beer Shop Licence in respect of premises at M/S KT Mart at 269 Bishan St 24 #B 1-192 Singapore 2057, and that this application will be
      199 words
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      Page 5 Advertisements Column 3
      294 5 In the matter of The Companies Act Cap. 50 And In the matter o< JERENE INDUSTRIES PTE LTD (Members Voluntary Uqurfaoon) At an Extraordinary General Meeting of the members of JERENE INDUSTRIES PTE LTD duly convened and heW at 40 Jalan jintan ***** at 10 00 a m on Friday
      294 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      69 6 FIJI Horticulture or Resort Potential-Outstanding opportunity to purchase as a going concern or significant shareholding, a 296 acre freehold estate in Taveuni, Fiji. Potential for redevelopment in peanuts, chilli, vanilla, limes grapefruits, cocoa and many others. Spectacular views, land sloping from waters edge. Large homestead, equipment and cattle available. Total
      69 words
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  • Page 8 Advertisements
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      286 8 BUSINESS T I M i TOLL-FREE TEL No 1-800-741-1883 FAX 741-1298 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF LEE WAH GARMENT PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At the Extraordinary General Meeting of LEE WAH GARMENT PTE LTDduly convened and held at 10 Jalan
      286 words
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      Page 8 Advertisements Column 2
      30 8 GOT THE "TOO MUCH STUFF" BLUES? Sounds like it's time for a garage sale. Turn your unwanted items into fast cash through The Straits Times Classified. Call 737-1166. C.A.T.S. 737-1166
      30 words
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      Page 8 Advertisements Column 3
      42 8 As and when the latest London/ Rotterdam priees are not available, the previous trading day's closing figures are carried instead Bp ojJ era lb the ntost If current ■b list of J ob 1= opportunity If a»« ilab l e A \M
      42 words
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  • Page 10 Advertisements
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      27 10 Established s*ce 1919 ANTIQUE ESTATE WATCHES Shangri La hotel Stockist of G.LA. CerHed Diamonds Tell 732 5689 PATEK PHILIPPE 2 carJsTZwßrismai sizes Manufacturing jewellers since 1919 CHRONOGRAPH
      27 words
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      24 12 E«aw*fwci smcs 1919 ANTIQUE A ESTATE WATCHES Shcmgri La hotel StxkktotCUA. Qmfbd Dkmontk Toll 732 5689 PATEK PHILIPPE 2 Manufacturing jewellers since 1919 CHRONOGRAPH
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  • SPORTS
    • Article, Illustration
      Lock icon Gallagher sets the record straight after a fantastic lead
      505 13 Golf AP SAN FRANCISCO Jim Gallagher stared at his card in astonishment, inspecting it ever so closely, and discovered a mistake after shooting an Olympic Club record 63 on Thursday in the first round of the Tour Championship. In this richest
      AP  -  505 words
    • Article
      Lock icon Wallabies face big task with monster French pack: coach
      395 13 AFP BORDEAUX, France The unbeaten Wallabies face a monster forward battle here today as they take on the biggest pack in history. That's the view of Australian coach Bob Dwyer, who fears his side could be bulldozed out of the first
      AFP  -  395 words
    • SCORE CARD
      • Article, Illustration
        Lock icon Cricket
        137 13 AP DUBAI, United Arab Emirates Phil Simmons led with a 92 and Richie Richardson added unbeaten 69 Thursday, pacing the West Indies to an eight-wicket victory in the opening match of the Champions Tropny cricket tournament. After bowling Sri Lanka out for 172. the West Indies reached the target
        AP  -  137 words
      • Article, Illustration
        Lock icon Golf
        127 13 AFP Reuter SAN FRANCISCO US PGA Tour championship leading firstround scores Thursday (US unless stated): 63 Jim Gallagher 68 Scott Simpson, Corey Pavin, David Frost (SA) 69 Nolan Henke. Rick Fehr, Mark Calcavecchia. Larry Mize. Tom Kite. Fulton Allem (SA) 70 Jay Haas, Gil Morgan. Vijay Singh (Fiji) 71
        AFP; Reuter  -  127 words
      • Article, Illustration
        Lock icon Ice hockey
        40 13 Reuter NEW YORK NHL Thursday Boston 6 Ottawa 2; NY Rangers 3 Montreal 3 (OT): Quebcc 7 Pittsburgh 3: Florida 5 NY Islanders 2; St Louis 2 Hartford I; Toronto 4 Chicago 2: San Jose 4 Anaheim 3.
        Reuter  -  40 words
      • Article, Illustration
        Lock icon Tennis
        289 13 Reuter STOCKHOLM The top seeds fell like flies at the ATP U551,650,000 Stockholm Open Thursday. Jim Courier and Boris Beckcr both crashed out. leaving the tournament without its top three seeds. World No 1 Pete Sampras made his exit 24 hours earlier when he was beaten by Spaniard Carlos
        Reuter  -  289 words
    • Article
      Lock icon Women show clout with first official US bout
      266 13 AP EDMONDS, Washington Dallas Malloy plans to have fun in her history-making boxing match with Heather Poyncr. "But I still plan to win," Malloy said on Thursday. Malloy, a 16-year-old high school dropout from Bcllingham, and Poyncr. a 21-year-old former high school
      AP  -  266 words
    • Article
      Lock icon Chinese expected to beat Kristiansen's marathon record
      465 13 Reuter SAN SEBASTIAN, Spain Norwegian Ingrid Kristianscn believes one of China's elite women distance runners will slash her world marathon best by six minutes in tomorrow's World Cup. Kristiansen set the present mark of two hours 21 minutes six scconds in the 1985
      Reuter  -  465 words
    • SIDE LINES
      • Article
        Lock icon Malaysia imports cricket coaches
        82 13 AP KUALA LUMPUR The Malaysian Cricket Association will hire three foreigners, including former Australian Test veteran Richie Robinson, to coach its national team for the 1998 Commonwealth Games. MCA secretary Karu Sclvaratnam said Thursday. "Most of our players arc executives, doctors and others who could not
        AP  -  82 words
      • Article
        Lock icon Smyth pips Spaniard to lead Open
        65 13 AP MADRID Des Smyth of Ireland shot a bogey-free, 7-under par 65 Thursday to hold a one-stroke lead over veteran Madrid amateur Luis Gabarda after the first round of the USS6OO.OOO (*****,000) Madrid Open. Juan Quiros of Spain was third after a 67. while
        AP  -  65 words
      • Article
        Lock icon Jordan thrives on freedom to sleep-in
        192 13 AP CHICAGO Michacl Jordan, enjoying the freedom to sleep late and play golf whenever he wants, is warning fans not to await his return to the Chicago Bulls. "I can't say never, but right now I'm very happy," Jordan told television host Oprah Winfrey.
        AP  -  192 words
      • Article
        Lock icon Condoms to make Games friendly
        47 13 AFP VICTORIA, Canada Organisers of next year's Commonwealth Games in Victoria expect participants in what has become known as "the Friendly Games" to be really friendly. Officials said all athletes would be offered free condoms to be supplied by Ortho Shields. AFP
        AFP  -  47 words
      • Article
        Lock icon Angel elevated to Rookie stardom
        68 13 Reuter NEW YORK Tim Salmon of the California Angels was named the unanimous winner of the American League Rookie of the Year award on Thursday by the Baseball Writers Association of America. Salmon hit .283 with 31 homers and 95 runs batted in before missing
        Reuter  -  68 words
    • Article, Illustration
      Lock icon South Koreans, Saudis qualify
      793 14 Anguish, joy as teams battle it out in crucial Asian matches for soccer World Cup NYT DOHA, Qatar When the emotions of this unusual soccer tournament were finally spent Thursday night on three different fields and under a full desert moon, the Japanese were crestfallen and
      NYT; AFP  -  793 words
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1645 13 gtj rw no nm MJ jjgj w jj(> Pag* 15 b JUw Dhabi GA860 2000 Adelaide SQ228 2120 C ¥1 1 **11 Amman RJ187 0600 I 1 CA978 0930 Amsterdam KL837 1540 KL838 0200 lta SQT75 1935 SQ176 H45 KL837 1550 SQ324 0105 Matyai MI893 1810
    1,645 words
  • Page 13 Advertisements
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      54 13 ADVERTISEMENT Fhianessjjmes/KENWOOD GOLFING TIPS By BRETT BRASIER PROFESSIONAL GOLFER Fully Qualified Member Of 5.P.G.A.S Dip in Golf Management MpT- p'my hands on the club witK the palms facing eacK the back of my left hand pointing That is the position D want my hands to »»etMm to at impact. >
      54 words
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  • SHIPS IN PORT
    • Article
      AT CONVENTIONAL WHARVES
      587 14 Vessel Voy Ho B«fth *itwal Departure Vessd Voy Wo Bcrlti ArmM Dqwrtoc Jurone Port onnc t** g/u km 30 io/otoo 3010/2300 AwttSiw 16 alongsde 3010/1800 -Daya Mak/m, 20/93 POM 2910/1500 3010/0600 M Lestart D15 11 alongade 3010/2100 Elona SC264C 29/10* P01A 2910/1500 2910/1900 Dwt Sempuma 24/93 B
      587 words
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      CONTAINER SCHEDULES
      1767 14 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Shj> Vo 1 No Container* Ship Voy Wo Containers wfctj« Saudi Onya FEA067 28-1093 0800 BalliOnor 15N 2® (fST) 2}2»l 125 Marco Polo I 25/93 28.1093 0810 Mrtor* fort 3859 COO(ESl) 093 500 Sea M 302N *****3 0815 Spore Sen [*337
      1,767 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      364 14 1 CRYPTIC CROSSWORD I 29 Plant 1 on, crashing 7 Gas that s clean yet < e po,. YESTERDAY'S SOLUTION e luted it (9) P nce f° r a record? g y ou are going to occupy this Bs|o|u|n|o| i in|glblola|rl^B room (9,6) DOWN 15 Group getting together (9) iNMsIITMEMEMNIBsIixI
      364 words
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  • THE WORLD
    • Article
      Lock icon Mexico warns of trade war if Nafta fails to get approval
      481 15 Reuter, AFP WASHINGTON Three weeks before Congress rules on the North American Free Trade Agreement, the Clinton administration said it was locked in combat with lawmakers while Mexico warned of a trade war should Nafta fail. As tensions mount
      Reuter,; AFP  -  481 words
    • Article
      Lock icon Russia to dump more nuke waste
      128 15 AFP MOSCOW Russia will resume dumping nuclear waste into the Sea of Japan despite its recent announcement that it was discontinuing the practice, a Russian naval commander said yesterday. Igor Kasatonov, first deputy commander of the Russian navy. said in Vladivostok that his country
      AFP  -  128 words
    • Article
      Lock icon Small businesses in US more gloomy over economy
      409 15 UPI, Reuter NEW YORK Small-busi-ness owners in the United States, dogged by a flat economy and deeply apprehensive about taxes and the new Clinton health plan, said on Thursday that they are more gloomy than ever over current economic conditions. According to
      UPI,; Reuter  -  409 words
    • Article, Illustration
      Lock icon Major backs down on police reform, faces spending row
      429 15 Reuter LONDON Prime Minister Johti Major's government buckled in the face of another rebellion in Conservative Party ranks on Thursday and also watered down plans to reform Britain's police force. Mr Major faces a further week of dissent after his Cabinet
      Reuter  -  429 words
    • Article, Illustration
      Lock icon The tinder box
      50 15 Reuter LOS ANGELES Flames flare behind the Sherwood Country Club in southern Calfornia as a helicopter prepares to douse the blaze with chemicals yesterday. The inferno was one of at least 15 which have raged over three days, destroying 600 homes, many of them million-dollar mansions. Reuter
      Reuter  -  50 words
    • WORLD WATCH
      • Article
        Lock icon Underground extension gets nod
        64 15 Reuter LONDON British Transport Secretary John MacGregor said yesterday his government is giving the green light to the construction of a £1.9 billion (554.4 billion) extension to the London Underground's Jubilee Line in the east. "The 10-mile extension of the Tube, with its 11 stations, is
        Reuter  -  64 words
      • Article
        Lock icon Britain's £716m welfare blunders
        57 15 Reuter LONDON Britain's independent state auditor said yesterday he had uncovered errors in social welfare payments totalling £716 million (551.68 billion). Auditor General Sir John Bourn, querying the accounts of the social security service fund for income support for a fifth successive year, said he found
        Reuter  -  57 words
      • Article, Illustration
        Lock icon Workers' day of anger
        86 15 Reuter BONN Construction workers shout during a rally in Bonn to protest against government plans to cut income support they get when bad weather prevents them working. More than 100.000 attended the protest on Thursday. In further unrest. Bonn's city police have banned a march planned
        Reuter  -  86 words
      • Article
        Lock icon Italian PM wins key vote
        97 15 Reuter ROME Prime Minister Carlo Azeglio Ciampi won a confidcncc vote in Parliament yesterday but sources said he would probably have to face several more to win approval for his crucial 1994 budget. Opposition parties object to its cost-cutting measures and Mr Ciampi's supporters now
        Reuter  -  97 words
      • Article
        Lock icon US military to review nuclear policy
        59 15 Reuter WASHINGTON Defence Secretary Les Aspin has ordered a major US military review of nuclear weapons policy after the Cold War, the Pentagon said on Thursday. The study could result in new decisions on US warhead targetting and change the mix between long-range missiles,
        Reuter  -  59 words
    • Article
      Lock icon US Senate adds strings to jobless aid
      415 15 NYT WASHINGTON The United States Senate has voted to renew a two-year-old programme that grants up to 13 extra weeks of cheques to jobless workers who exhaust their normal unemployment benefits. But the Senate did so on Thursday only after attaching conditions to
      NYT  -  415 words
    • Article
      Lock icon Consumer spending up for sixth month in a row
      325 15 Reuter WASHINGTON Consumers kept spending freely in September, with higher incomes boosting their purchases of goods and services for a sixth straight month, the Commerce Department said yesterday. Spending increased by 0.3 per cent to a seasonally adjusted annual rate of
      Reuter  -  325 words
    • Article
      Lock icon US moves drug war front to source nations
      305 15 Reuter WASHINGTON In an important policy shift, the Pentagon has said it will cut drug interdiction efforts by warships and aircraft in the Caribbean and move to help South American nations fight cocaine cartels at the source. Officials said the move could
      Reuter  -  305 words
    • Article
      Lock icon EC monetary union seen doomed as core currencies crumble
      369 15 Reuter LONDON Economists used to say that if the entire European Exchange Rate Mechanism (ERM) came under threat, at least a core group of currencies could stay in lockstep. Now, as European Community leaders try to revive the process of European
      Reuter  -  369 words
    • Article
      Lock icon Canada probing claims that welfare funds were used for Somali arms
      260 15 Reuter TORONTO Canadian authorities have launched an investigation into claims that bogus refugees from Somalia are sending welfare payments back to their country to buy arms, an official said. A leaked federal government report contains allegations that an international
      Reuter  -  260 words
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  • Article, Illustration
    Lock icon SM Lee urges East Asia to forge closer economic links with Nafta
    688 16  -  By Said Abdullah SINGAPORE East Asia should work together towards closer economic ties with the North American Free Trade Area (Nafta) when the latter is ratified, Senior Minister Lee Kuan Yew told a Tokyo forum yesterday. "The long-term
    Reuter  -  688 words
  • Article
    Lock icon EC leaders to relaunch bloc, fight unemployment
    512 16 Reuter BRUSSELS European Community leaders pledged yesterday to relaunch their 12nation bloc, promising to fight unemployment, work towards a single currency and bring Europe closer to its sceptical citizens. They also took the first steps towards creating a common foreign policy with provisional
    Reuter  -  512 words
  • Article
    Lock icon Air France strike ends as chief allays fears over job cuts
    358 16 Reuter PARIS The last of the striking Air France workers voted yesterday to return to work, ending a stoppage that caused air chaos in France for more than 10 days. A spokesman for the lossmaking Air France said cargo
    Reuter  -  358 words
  • Article
    Lock icon Habibie raps army general for remarks on Suharto succession
    394 16 Reuter BANDUNG, Indonesia An Indonesian government minister believed to be close to President Suharto criticised a general yesterday for saying that only the military can decide who succeeds Mr Suharto. "Mr Sembiring is a nice man but what he says is
    Reuter  -  394 words
  • Article, Illustration
    Lock icon Hosokawa handed tough schedule
    497 16 Little time to get parliamentary approval for political reform Reuter TOKYO Japan's parliament crcated big problems for Prime Minister Morihiro Hosokawa yesterday, fixing a timetable that gives him scant time to push through sweeping political reforms on which he staked his government. "This is a tough
    Reuter  -  497 words
  • Article
    Lock icon VW plans 4-day work week, pay cuts
    476 16 AFP. Reuter WOLFSBURG. Germany Volkswagen, a symbol of German industrial strength, proposed on Thursday to put its employees on a four-day week and cut their pay 20 per cent to save jobs. The move is being closely watched across recession-weary Europe. VW personnel
    AFP.; Reuter  -  476 words
  • Article
    Lock icon Tokyo bourse apologises for JR East suspension
    151 16 Bloomberg Business News TOKYO The Tokyo Stock Exchange issued a formal apology for the suspension of shares of East Japan Railway Co on Wednesday, their second day of trading. The suspension was due to the number of orders from individual investors, which flooded
    Bloomberg Business News  -  151 words
  • Article
    Lock icon Levi Strauss says sorry to China
    109 16 AFP HONGKONG Leading US jeans maker Levi Strauss has apologised to China for publicly stating it would not invest there because of its poor human rights records, the Beijingrun China News Service (CNS) said yesterday. Levi Strauss also apologised to Beijing for the negative
    AFP  -  109 words
  • Page 16 Advertisements
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      99 16 Management"! FLAGSTAFF HILL SHOPPING CENTRE Ridgeway Drive, Flagstaff Hill, South Australia. Auction on the property Thursday 11th November at 11.30 am. seu~ video v 1/ icwwgwt Krljß|r LrJuk fsxE til/ if rf hnre woes \i AyOk tHFM*r Ml it/ /OK BAKEPY Iff I Jf\ja iA butchfp It V| riAmEsst* I
      99 words
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      Page 16 Advertisements Column 2
      8 16 Monday in Business Times Earlier story, Pg IS
      8 words
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  • ISEAS Trends
    • Article, Illustration
      Twenty years after the first oil shock
      2004 17  -  By Tilak Doshi Dr Tilak Doshi is a Fellow of ISEAS and Coordinator of the ISEAS Energy Project. ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed, the
      2,004 words
    • Article, Illustration
      Gazing into Apec's 21st century future
      714 17  -  By William Bodde, Jr Ambassador William Hodde, Jr. is Exeivtive Director of tin Apec Secretariat in Singapore. TEN months the span of time for which I have been Executive Director of the Apec Secretariat is a very short period of time to form an
      714 words
    • Article, Illustration
      Arise, the new Singaporean
      1315 18  -  Catherine Lim ponders the slow but steady transition of Singaporeans from being loud-mouthed bumpkins to something approximating refined and caring individuals Catherine Lim Dr Catherine Lim is a full-time novelist. FOR the first time. Singaporeans are openly and publicly talking about their foibles, follies and faults
      1,315 words
    • Article
      Art cannot truly flourish in Singapore
      305 18  -  Letter to the Editor Kelvin Tan The writer is author of the novel All Broken Up and Dancing. DEREK da Cunha. in his article "Self-congratulation: hallmark of the Singapore arts scene" (Trends, No 37), summed up the feelings and thoughts of myself and a
      305 words
    • Article
      ISEAS to launch project on mass media and urban identity
      190 18 THE Institute of Southeast Asian Studies will next month launch a two-year research project on the subject of "Problematising Culture: Mass Media. Urban Identity and the State in Southeast Asia". To be researched by ISEAS' Social Issues in Southeast Asia
      190 words
    • Article, Illustration
      Cambodia after the election
      145 18 THE Cambodian election was a subject of great concern before and during its implementation as many thought it was doomed to failure. Even the post-election situation today is fraught with uncertainty. Analysing the significance of the election and what might come after has not always been
      145 words
    • Article, Illustration
      Solving the Kashmir dispute
      1307 19  -  India has five options to settle a debilitating problem on its northern border with Pakistan, argues Ramesh Thakur Ramesh Thakur Dr Ramesh I'hakur is Professor of International Relations and Director of Asian Studies at the University of Otago, \e* Zealand. He is author of the forthcoming
      1,307 words
    • Article, Illustration
      Membership has its privileges
      941 19  -  Hoang Anh Tuan examines why Vietnam has yet to become a member of Asean Hoang Anh Tuan Hoang Anh Tuan is a researcher at the Institute of International Relations. Hanoi. THE relaxation in great power rivalry since the late 1980s and the complete withdrawal of Vietnamese
      941 words
    • Article
      Forces that bypass the state
      1264 19  -  Chai-Anan Samudavanija looks at the issue of supranationality in Nafta and Afta Chai-Anan Samudavanija Professor Chai-A nan Samuilavanija is Professor oj Political Science at C hulalonxkom i 'ninrsiiy. IT IS said that the nation-state is the defining political institution of the modem age. an age
      1,264 words
    • Article, Illustration
      Competitiveness through skilled labour flows
      1237 20  -  The quickening global and regional spread of people, capital, information and ideas, represents one of the great opportunities and challenges in this day and age, observes Pang Eng Fong Pang Eng Fong Associate Professor Pang Eng Fong is a Visiting Senior Associate Fellow at ISEAS.
      1,237 words
    • Article, Illustration
      Laws on migration: then and now
      901 20  -  Diana Wong looks at the travails of the Chinese diaspora under changing immigration laws Diana Wong Dr Diana W ong is a Fellow of the Institute oj Southeast Asian Studies. THE recent report of several hundred Chinese immigrants from Fujian province prepared to brave
      901 words
    • Article, Illustration
      Maritime surveillance urgently needed in South-east Asia
      838 20  -  Sam Bateman examines the potential for co-operation by regional states in monitoring the movement of ships through South-east Asian waters Sam Bateman Commodore Sam Batcman is Director-General of the Royal Australian Savy's Maritime Studies Programme. COMPREHENSIVE knowledge of what is occurring at sea
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      26 17 DOLLARS SENSE You don't have to be an Einstein to get relatively good returns. Personal Finance Investment. Every Saturday. r 1 Business Times r AVrm W4
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      98 18 The Institute The Institute of Southeast Asian Studies was established as an autonomous organisation in 1968. It is a regional research centre for scholars and other specialists concerned with modern South-east Asia, particularly the many-faceted problems of stability and security, economic development, and political and social change. The Institute is
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      Page 18 Advertisements Column 2
      18 18 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. sMGAPOftt m Business Times
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  • Executive Lifestyle
    • Article, Illustration
      The accidental gemologist
      1402 21  -  Richard Brown has created a niche for himself by combining the art of gem-making with astrology. S N Vasuki reports S N Vasuki The writer is a BT correspondent Richard Brown, one-time lead singer of a British rock group, gemologist, student of the Hindu shastras and owner
      1,402 words
    • STRAWS IN THE WIND
      • Article
        Notable figure
        77 21 AMID the current share frenzy, one stockbroking analyst found a free moment to speculate on the Singaporean fetish with "lucky numbers". Look at the dates and times, he said wryly. The Telecom public offer closed on Oct 28. Trading starts at 0800 hours on Monday. And, of course,
        77 words
      • Article
        Timely request
        59 21 WHEN told that trading hours on the Stock Exchange of Singapore will be extended from Bam to Bpm, some reporters groaned. For this means that SES press releases will come in later and longer working hours would be a possibility. Someone then suggested that maybe SES could look
        59 words
      • Article
        Soothing sounds
        22 21 HEARD on a stockbroker's line when put on hold: the Bee Gees' You Win Again. Very assuring. indeed, for clients.
        22 words
      • Article
        Dazed by fever?
        34 21 HEARD over the radio the other week. One DJ said to the another: "You know all this fever about Telecom shares..; do you think it's personal or traditional?" The reply: "Huh."
        34 words
    • OPINIONS
      • Article, Illustration
        Feverish about winning, after losing Olympics 2000
        722 22  -  Tye Kim Khiat discusses why China felt it needed the Olympics so badly, and how it's making up for its unsuccessful bid Tye Kim Khiat The writer is a Melbourne-based journalist who contributed this commentary to BT FROM THE nuclear blast in the
        722 words
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        How to keep an efficient army without paying a bomb
        1011 22  -  Neville Stack wants London to get others to foot the bill for the British army, rather than whittling down prized military prowess Neville Stack The writer is a UK-based political commentator who contributed this commentary to BT AS MANY a
        1,011 words
      • Article
        Telecom: why should local investors get preferential treatment?
        421 22  -  LETTER TO THE EDITOR Dr Neil A Martin A FEW comments on Ambassador S R Nathan's criticism of my recent article in Barron's: Mr Nathan asks why foreign investors should get preferential treatment? He misses the point: foreign investors don't want preferential
        421 words
    • ENTERTAINMENT
      • Article, Illustration
        Desperately seeking that magical tingle
        621 23  -  Cinema Review By SUSAN TSANG EVER dreamed about lurve? The stuff that hits you like a bolt of lightning at first sight or first touch? The certainty that this someone is the only one for you? No? Join the club. But cynical and ignorant alike
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        Still entertaining despite its vulgarity
        644 23  -  Bv SUSAN TSANG FOR many filmgoers, Cecil B DeMille's The Ten Commandments is the authorised (and probably only) version of the tale about Moses, God and the Israelites. However, just as the Authorised Version of the Bible has given way to new translations, a modern
        644 words
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        An unstoppable force reshaping the world
        677 23  -  Book Review By HELEN CHANG Megatrends for Women: Women Are Changing The World By Patricia Aburdcne and John Naisbitt Random House, $21.90 WOMEN in the next century will reshape the world in politics, business, the family, health care, housing, environment, education, media, fashion, religion
        677 words
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        Lock icon Much ado about Shakespeare
        1123 23 Many directors have tried to translate the Bard into film but very few have succeeded. One of them is Kenneth Branagh. What's his secret? The Economist HE MUST be doing something right, since his film of one of Shakespeare's less familiar plays. Much Ado About Nothing,
        The Economist  -  1,123 words
    • PROFILE
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        A foreign officer and Deng
        1212 24  -  Fionnuala Halligan obtains a picture of what China after Deng might be like from Sir Richard Evans, former British Ambassador to China Fionnuala Halligan The writer is a freelance journalist who contributed this article to Executive Lifestyle THE TIMING is a little uncomfortable. With Hongkong
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    • PEOPLE
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        Lock icon Balancing yin and yang in business
        297 24 WHEN Singapore's largest department store, Takashimaya, held its official opening earlier this month, Singapore's glitterati gathered to hear the Minister for Information and the Arts, Brigadier General (Res) George Yco praise the Japanese retailer for balancing yin and yang in business at its Ngec
        Photos by Chris Loh  -  297 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS EYE
        • Article, Illustration
          BT SENTIMENT INDEX (NOV 1-5)
          61 25 Those polled on their views of the Singapore stock market for the week ahead: Baring Securities. Crosby Securities. Daiwa Securities. DBS Asset Management. Kay Hian James Capel. Kim Eng Securities. Morgan Grenfell Asia Securities. OCBC Securities. Ong Company. Peregrine Securities. Phillip Securities. Smith New Court.
          61 words
        • Article
          Buy!
          334 25 Ong Company (Oct 26) Rotary Engineering. Turnover is expected to increase by 15-20 per cent per annum on the back of strong demand in the local oil and gas industry. We expect 30 per cent net earnings growth in FY94 to $13.1 million, yielding a prospective PER of 22
          334 words
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          Eye on the region: China
          220 25  -  Vickers Ballas Investors last month responded calmly to China losing its bid to host the 2000 Olympics, and the news did not exert any significant pressure on the "B" share markets in China. Share prices in Shenzhen maintained a moderate uptrend and gained 8.5 per
          220 words
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          Hi my opinion...
          147 25  -  Andrew B A Tan Senior vice-president and general manager, AIA ENTRAL Provi- dent Fund contributors have been given the responsibility of choosing investment vehicles that will enhance the value of their savings. Endowment insurance as a medium to long-term financial instrument is probably best suited for the
          147 words
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        Be warned, bring along a crash helmet to sell your shares
        812 25  -  Singapore Telecom share issue Be prepared for long queues and frayed tempers when trading begins on Monday, says Agnes Chen Agnes Chen TO THOSE who plan on selling their Telecom shares on Monday, a stock market veteran has this
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      • Article
        How and where to sell
        227 25 GO TO any of the 133 authorised sales centres. located at the 26 SES member stockbroking firms and 107 designated branches of six local banks. These bank branches will have signs indicating that they are sales centres. Each centre will have one or more computer
        227 words
      • Article, Illustration
        Lock icon Hitting it off with a foreign affair
        1119 25  -  Which types of companies going overseas have a better chance of success? Joyce Quek finds out Joyce Quek COMPANIES set up offshore export bases for a competitive advantage via lower costs, and to penetrate domestic markets in target countries. So. what sort of
        Source: NRI Singapore  -  1,119 words
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        Lock icon Winning at the stock market game
        1239 26  -  means having at your fingertips quick facts and figures about your personal share holdings plus an overview of the market. This is where Business Times' daily "Stock Exchai published on Mondays, can help. Can't make head or tail of the tiny numbers and letters?
        Graphics by Ben Cruz and Jennifer Chua  -  1,239 words
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        Where do you go for decent interest rates?
        557 28  -  Susan Tsang joined the throngs of Singaporeans who rushed across to JB not for the seafood or shopping but to open bank accounts Susan Tsang mOR THOSE frus- trated with the low interest rates on their bank savings and the appreciating dollar,
        557 words
      • Article, Illustration
        Lock icon A pro-business Budget may delay correction in KL market
        540 28  -  However, once the euphoria settles, a lack of corporate developments will increase market risks, says Zalik Securities. Agnes Chen reports Agnes Chen WITH the Malaysian Budget and Umno elections ahead. Zalik Securities is advising clients to trim their trading positions this
        Source: Bridge Info  -  540 words
    • REVIEWS
      • Article, Illustration
        Living on the fringes of society
        415 29  -  Theatre Review By CLAIRE LEOW THE Necessary Stage prides itself on exploring non-main-stream subjects. Its productions often feature people marginalised by society as in its most recent offering. Off Centre, which dealt with the mentally unstable. The theatre group certainly knows what it's like
        415 words
      • Article, Illustration
        Ol' Blue Eyes — 77 and still swinging
        737 29  - Ol' Blue Eyes 77 and still swinging CD Review By SHAHIRON SAHARI FRANK SINATRA DUETS THE Man Himself is back! After almost a decade away from the studios, Frank Sinatra has made a new album and this latest and, in some ways his most ambitious, release proves he is still
        737 words
    • TIME OFF
      • Article
        PERFORMANCES
        315 31 Campus on the Green Performances by various groups from the NUS, including acapella singing, dikir baral. musical and drama items. Should provide for all-round entertainment. S'ov 3. Ipm at Raffles Plaee. Free. Oh Coward! With a cast of three performers and musicians including Guy Siner (Lt Gruber in 'Alio
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      • Article
        CONCERTS
        309 31 SSO Concert Japanese violinist Takumi Kubota joins Choo Hoey and the SSO in Mozart's Violin Concerto No 5 K219 in A Major. Today. 8.15pm at the Victoria Concert Hall. Tickets at $4. $7. $10. $15 and $25 from all Sistic outlets. International Festival Chorus The choir will perform the
        309 words
      • Article
        FILMS
        219 31 European Community Film Festival Full-length and short films from the various EC countries will be screened here with a little help from the British Council. Alliance Francaise. Goethe Institut. Istituto Italiano di Cultura. Till Nov 2. 6.30pm and 9.15pm at Lido 2. Tickets at $6 available at the British
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      • Article, Illustration
        EXHIBITIONS AND TALKS
        577 31 Book and Prints Original works by Max Ernst, one of the leading figures of the Dada and Surrealist movement, whose prints depict the artist's state-of-the-mind art. Till tomorrow. 9am-5.30pm at the National Museum. Design and Ecology A display of products of leading German industrial companies, highlighting the
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      • Article
        AT THE SUBSTATION
        188 31 Forum for the Arts David Priestley will talk about Jade Carving in Chinese art. He will trace the changes of jade art and how to judge the quality of stone and carving. Today. 2.30pm at the Guinness Theatre. Tickets at $8. Forum for the Arts Julian Thompson,
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      • Article
        TICKETS
        164 31  -  Compiled by Christopher Toh Simon and Garfunkel in Concert They began their career by calling themselves "Tom and Jerry" but then went on to become the most popular folk duo in history. They come together for this reunion gig on Dec 5 at the Singapore Indoor Stadium. Ticket sales
        164 words
      • Article, Illustration
        Drinking to the new Champions
        614 31  -  Shahiron Sahari drops in at the real McCoy of sports bars Shahiron Sahari ANOTHER week and. it would seem, another sports bar opens. The latest one, however, claims to be the real McCoy by virtue of it being part of an authentic American sports bar
        614 words
    • Article, Illustration
      CINEMA
      1040 32 Bitter Moon. Peter Coyote talks about wild sex with his French girlfriend. Then he talks about being nasty to her. R(A). Kreta Ayer: 1.30; 4; 7; 9.15. Body Snatchers. Remake of the original about aliens who suck the life out of human beings and take over their bodies. Yishun
      1,040 words
  • Page 21 Advertisements
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      134 21 I in II Will——— EXPRESS SHAKELOAN The way of turning shares into 'CmA i+t tAr ijuti. HONQjqiWWIIOWHI—II'I ■■^QjBWMWMUWnP *****33 *****33 M SINGAPORE: THE HOUR GLASS Lucky Plaza Tel: *****20/1 Scotts Tel: *****27/7198 Centrepoint Tel: *****98/603 Peninsula Plaza Tel: *****09/*****63 Palais Renaissance Tel: *****62/543 Raffles Tel: *****41 World Trade Centre Tel:
      134 words
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      137 22 THE n| cmi apt Quantum' WAYTOgg^i GET TO mm *4 WORK. You've commuted with your old briefcase long enough. Milano Quantum Samsonite s latest Smart Attache Series features an exclusive gravity-activated "smart hinge**" that will revolutionise the way we work. This innovative "smart hinge" allows your briefcase to open like
      137 words
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      41 22 C B r welcomes s letters from yon. S Picas* address them r f to: The F.ditor. S Business Times. C r 390 Kim Sent Rd. 1 j S pore 0923. Letters C Q should include yam J i contact numbers.
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  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      111 22 I joHeec blwd«NG mcsßisTou) —TD^TVX U*4€PeA fLASH OP INSIGHT TUFST" v*>J HAVE. £OL>/ P O L Y Dj?cr Njmi? J wiu, t-NPfiix. TO TURN MV PvJDD'NG' into l PKo6l£.m O oil f\ta vls j u U e*Ffe£*£*KJC? SIGN.' J P~?' Ift SVGM! I JV, 4X sLaJ *>** A CS_:?T I
      111 words
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      110 24 ii A*/ amadeus 200 —:■,-,.jafcaf jji aiiiir j Mfr *<>° KW <.*• \jf T^RE' movement. 4 Chronograph with automatic movement. ■|||j/^». n Steel and-gold-plated ease and bracelet, T*| lb Steel and gold-plated case and bracelet. R A Y MON ll \A/ K I I with shielded crown. X N u
      110 words
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  • Page 26 Advertisements
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      47 26 A TIME TO CELEBRATE 1868 1993 125 YEARS TO DEVELOP A SINGLE WATCH THE JUBILEE OF THE International watch Co. Schaffhausen (i■,» iVBI jfl|K 29-31 OCTOBER: OPEN TO THE PUBUC Venue: Sir Henry Keppel I, Hyatt Regency Singapore TIME: 11 AM 8 PM 125 YEARS IWC yscs
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      39 26 P E US 0 N A L FINANCING PORTFOLIO HHH relK SING INVESTMENTS FINANCE LTD. ROBINSON RD ANG MO KIO BEDOK MACPHERSON *****80 456 0588 445 9596 *****55 221 9698 452 8249 445 8153 *****94 .p^ A P 0265
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      101 28 It's called the Regional Currency Unit. And basically, it's a deposit that branches out into three Asian currencies. So if one currency doesn't grow as rapidly as you like, the other two will buffer your investmentswhileyou watch yourmoney grow through higher interest rates and capital appreciation. To find out how
      101 words
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      226 28 EXPRESS SHARE LOAN It's Quick and Easy. Get instant cash for yonr shares over the counter at any of our 28 branches. ujmt the loan for any purpose. Loans from $2,000 to $100,000. MANY OF OUR CUSTOMERS HAVE ENJOYED THE BENEFITS! YOU CAN TOO HONG LEONG FINANCE LTD SINGAPORE RNANCE
      226 words
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      92 29 BRANDED TED UPIDUS Cofa jQCObs ATIMIS Aynsley 8 fyfM GENTLEMAN ■HBHH^H G I V E N C H Y HBBBfI DATE SATURDAY 30 OCTOBER TIME :11 AM TO 8.30 PM VENUE: HOTEL NEW OTANI \^fe kj, CHERRY ROOM, LEVEL 5^ AN EVENT WHERE YOU WILL FIND A SELECTION OF CRYSTAL
      92 words
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      829 30 EL 10 Business Times, Weekend Edition, October 30-31 Nothing Beats A Bud. HAWA where to wine, dine and entertain or < Al.n Ng, food writer of Lianhe Zaobao.'lt's a high tea of distinct difference from those we had tried locally Why go Penang? Princess Tcrrmcc Cafe introduces Penang High Tea
      829 words
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      Page 30 Advertisements Column 2
      366 30 Tok« your plch. I I TaUm a now country Ihm fhAhl Of Or uo i I I Lunch: I I Noon 2.X pm■ I Onty $30~»~*- por porao««. I For rvMfVQfionjf pfooM I cat *****31 I lU! SbsJkfer |Saturday Spectacular| Q&s/? The Saturday Buffet Lunch at Coteman's I Coffee House
      366 words
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      40 31 laani earty mea/j Beer Garden with a cosy pub and 2 of the best bands awaiting you for your entertainment! RESERVATION HOTLINE 225 6636 10am 6pm (Mon Fri) EUROPA CHANGI VILLAGE Bit 5. a*n P v.«gc Bod ******1 Td <6i?
      40 words
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      Page 31 Advertisements Column 2
      70 31 NOW MM," vi 1111: \\w w \ki iioi si: W, JL -v*i V MtK \C \l> \KK K>'"jL*A Sho\\h<in<l pr I'nliii Millie iiisllllt li'M i pl Miiiiil.inn) wm -B- -B- I"" M l ,n £lT I 111 l lllillk lit |111 l L[7 J 11 I. lim i. thinks 1
      70 words
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      233 31 Where's The Market Headed? I i I The Fundamentals Re-thinking training How Compaq came back with a bang House hunt: Check out private property prices Get your copy of this month's Singapore Business from I I your nearest newstand or, if you prefer the convenience Mf/Mn/Mia/Ms: Oca?«x»: of doorstep delivery,
      233 words
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  • Page 32 Miscellaneous
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      Page 32 Miscellaneous Column 1
      2285 32 TODAY'S TV 10.30 Saturday Showtime 6.00 News (M). MHIKIHimIHM The Pistol (See 6.30 Wahyu llahi (M). MKb+MmMmtftiM 6.45 Laghatul Quran (M). Ml n on™ cor n 12.40 AM Saturday Feature 7.00 Doraemon. Juara, 3.30pm, SBC 5 Dinosaurs, 1130y>, SBC 5 Special Frankenstein 7.30 CNN. Malek, Sidi and Busu are Earl
      2,285 words