The Business Times, 13 November 1993

Microfilm: NL18965
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    16 1 Business Times Wl. KNOW ASIA Ml I A (P) 552/12/92 Weekend Edition. November 13-14 1993 75"
    16 words
  • Article
    Economy grows a robust 9.2pc in 3rd quarter
    661 1  -  By Anna Teo SINGAPORE The economy appeared likely to notch up 9 per cent growth this year following a more moderate but still robust and broadbased 9.2 per cent third-quar-ter expansion, the Ministry of Trade Industry (MTI) said yesterday. Next year, with
    661 words
  • Article
    Lock icon Consplant to merge with Sime Darby
    473 1 Bernama KUALA LUMPUR A merger between Sime Darby Bhd and Consolidated Plantations Bhd has been proposed in which Consplant shareholders will get one new Sime share for every two Consplant shares held. The two companies said in a joint statement yesterday that the deal
    Bernama  -  473 words
  • Article
    TelecomAsia pegs shares at 55 baht
    161 1 BANGKOK Telecom Asia Corp pic yesterday evening said the share price for its initial public offering, the largest ever by a Thai company, would be 55 baht (553.45) per share. Telecom Asia director of finance Veeravat Kanchanadul made the long-awaited announcement to a gathering
    161 words
  • Article
    Regional markets turn cautious
    104 1  -  By R Sivanithy SINGAPORE Three stockmarket records were set yesterday in the region, but trading was generally marked by caution. In Hongkong, stocks ended only slightly higher but at a record nevertheless at 9701.25, up 26.42 points. Malaysian blue chips also finished at record levels, with
    104 words
  • Article
    Van der Horst wins US$50m Philippine power barge contract
    189 1  -  By Abdul Hadhi SINGAPORE Marine en-gineering-based Van der Horst Ltd has won a contract worth more than US$5O million (5579.5 million) to build and operate a massive power barge for the National Power Corp (Napocor) of the Philippines. The contract, announced
    189 words
  • Article, Illustration
    Have you got what it takes for these million-dollar jobs?
    388 1  -  By Joyce Quek SINGAPORE A cool $1.5 million annually plus a threemonth incentive bonus that's how much the right company president will get. Then there is $1.2 million for the ideal director of projects. Since the ads offering those salaries
    388 words
  • Article
    A better BT comes in three parts from Monday
    120 1 FROM Monday, Business Times will come to you in three parts the main paper, a Companies and Markets section, and Shipping Times. The main paper will carry general business news and features, along with specialty pages such as Property Construction, Advertising
    120 words
  • LATEST
    • Article
      Lock icon Dow up 16.21 points at midday
      39 1 AP NEW YORK The stock market headed higher yesterday morning as investors welcomed more evidence of improved US economic growth. The Dow Jones Industrial Average rose 16.21 points to 3,678.64 by 1630 GMT.
      AP  -  39 words
    • Article
      Lock icon Eurotunnel to seek compensation from UK ?
      69 1 Eurotunnel to seek compensation from UK Bloomberg Business News LONDON Eurotunnel pic, the Anglo-French company that will operate the rail tunnel link between Britain and France, said yesterday it is seeking compensation from the UK government and British Rail over delays. On Thursday, British Transport Secretary John McGregor said the
      Bloomberg Business News  -  69 words
    • Article
      Lock icon E European leaders press for Gatt accord
      92 1 Bloomberg Business News BUDAPEST Despite recent threats to raise trade barriers of their own, leaders from the former East Bloc yesterday called for a quick resolution to the Uruguay Round of international trade negotiations to help boost economic recovery in their region. Many
      Bloomberg Business News  -  92 words
  • Article, Illustration
    MARKET SUMMARY
    104 1 fj Stock Market indices Friday Cka^ ST1I —2,112.00 ±Z92> KLSE Composite 972.47 +4*7, Nikkei 18.493.55 +*****. Hang Seng 9.701 25 +i&42 SET Index 1.380.84 +?,5* Jakarta Composite .512.87 +fS2 CLSA China 1,189.21 AuctAHOrd -2,074 0 FTSE 100 unav Friday PrrrW lluNaa daw Dow Jona .3,***** 3.W2.43 Exchange rates
    104 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      38 1 H Lifestyle cover story: How savvy are S'pore's collectors? See Pages 9-12 Free tickets to The Wedding Banquet 9 500 pairs of tickets to this highly acclaimed movie to be given away free See advertisement on Page 3
      38 words
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      Page 1 Advertisements Column 2
      32 1 Hock Lock Siew: pg 5 Cj Getting burnt in Aussie listing rysh MORE REPORTS, Page 2 How the sectors performed What industrialists say Van der Horst posts $3.8 m profit, Page 5
      32 words
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      Page 1 Advertisements Column 3
      149 1 Mm* i tjm Of/ Global Bond Fund: el 4 A3 nit trust for bonds Conversations at Raffles: EL 3 Gatt DirectorGeneral Peter Sutherland The OSA Trial Reports on Page 3 i ,-t mHB SINGAPORE: THF. HOIR GLASS Takashimava Shopping Centre Tel: *****20/1 Luckv Plaza Tel: *****62/543 Scorn Tel: *****27/7198 Tel:
      149 words
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      Page 1 Advertisements Column 4
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      42 words
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  • THIRD QTR 93 ECONOMIC SURVEY OF SINGAPORE
    • Article, Illustration
      Sector hihglights
      119 2 Strongest growth recorded by electronics and petroleum industries Output 11% higher compared to same period last year Growth in financial sen/ices sub-sector down from a high of 21% in 2nd qtr to 18% in 3rd qtr Stock market transactions continued to surge, but moderation in domestic and offshore
      119 words
    • SNIPPETS
      • Article
        Total economic output up 9.2pc to $18b
        62 2 TOTAL economic output hit Sls billion in real terms during the July-September quarter, up a, robust 9.2 per cent from a ago. On a seasonallyadjusted and annualised basis that is, the change over the preceding period growth slowed from a heady 15 per
        62 words
      • Article
        Composite leading index still going up
        56 2 THE composite leading index, the official forecasting gauge that leads by about three quarters, continues to head up. The index rose 9.2 per cent year-on-vear in the third quarter, with all but one of its nine components inching upwards. Only the stocks of finished
        56 words
      • Article
        External demand the main source of growth
        75 2 EXTERNAL demand remained the main source of growth in the third quarter, accounting for about 80 per cent of.total demand. Growth in total demand was 18 per cent, unchanged from the previous quarter. External demand increased by 20 per cent, with exports of
        75 words
      • Article
        Balance of payments surplus rises to $33b
        84 2 TflE balance of payments surplus rose to $3.3 billion during the third quarter, up from $2.9 biflion in the preceding three months. The improvement reflected a seasonal turnaround in Ihe current account from a $115 million deficit to a surplus of $1.25 billion.
        84 words
      • Article
        All sectors hired more except manufacturing
        71 2 SOME 19,100 jobs were created in the July-September quarter, the highest quarterly rise in employment in nearly two years. Except for manufacturing; which shed 2,000 jobs, all the; other sectors hired more workers. Financial/business services added 3,500 jobs, while commerce, which lost 400 jobs
        71 words
      • Article
        Productivity target of 4.4pc likely to be met
        88 2 THE targeted 1993 productivity growth of 4.4 per cent looks set lo be met, with the output in-Jhe first nine months already averaging close to 6 per cent. After a phenomenal 7.5 per; cent gain in the second quarter, productivity growth was
        88 words
      • Article
        Unit business cost falls again
        90 2 THANKS to strong productivity,*; the unit business cost (ÜBC) index of the manufacturing sector fell for the fourth straight quarter. The 2.3 per certt decline came off a 5.5 per ceift fall in the unit labour cost (UtC) and a 7.8 per cent drop in
        90 words
    • Article, Illustration
      Investments in manufacturing likely to fall this year
      568 2 HIT by recession in the developed countries, investment commitments in the manufacturing industry are likely to suffer a drop this year. Should this happen, it will be the first time in four years that this important economic indicator has seen a fall.
      568 words
    • Article
      Growth in financial services sub-sector dips to 18pc
      568 2 THE consolidation that the financial services sub-sector witnessed in the third quarter is likely to continue into the fourth quarter with continued growth coming from the stock markets. According to the Economic Survey for the third quarter, growth in the financial services
      568 words
    • Article, Illustration
      S'pore's wage share of GDP still relatively low
      429 2 WAGES as a proportion of total economic output have risen steadily from 41 per cent in 1988 to 45 per cent last year. So is Singapore in danger of pricing itself out of the world market? A Ministry of Trade and Industry
      429 words
    • Article
      Growth in commerce sector slows to 8.2pc
      324 2 GROWTH in the commerce sector slowed to 8.2 per cent in the third quarter, compared to the 9.2 per cent achieved in the previous quarter. The expansion was led mainly by the continued buoyancy in the entrepot trade sub-sector, which grew by 20
      324 words
    • Article
      Rate of growth for construction slows to 8.4pc
      315 2 THE rate of growth for the constriction indystrv slowed in the third quaner to 8.4 per cent from 9.5 per cent for the first half of the year and 18 per cent for the whole of last year. This is in line
      315 words
    • Article
      Transport and communications sector grows steadily
      320 2 THE transport and communications sector continued to grow steadily in the third quarter, apart from a marked slowdown in the growth of mineral oil-in-bulk shipments. Overall, the sector grew 9.1 per cent in the third quarter, just a shade lower than the 9.2 per
      320 words
    • Article
      Manufacturing, commerce sectors optimistic about prospects
      504 2  -  What industrialists say Reports by Lee Han Shih, Shiv Taneja, Abdul Hadhi, Corinne Kerk, Juliette Walker,Anna Teo MANUFACTURERS are mildly optimistic about business prospects for the next six months, according to the Economic Development Board's survey of business expectations released yesterday. And a separate
      504 words
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  • SINGAPORE NEWS
    • Article, Illustration
      S'pore's healthcare system up to the mark: BG Lee
      464 3  -  Yesterday in Parliament By Schutz Lee SINGAPORE'S healthcare system, although not perfect, is "not bad at all", but the problem is reassuring the people that this is so. Deputy Prime Minister Lee Hsien Loong told parliament yesterday. In his 30-minute speech
      464 words
    • Article
      Bill passed to control supply of lawyers
      384 3  -  By Chuang Peck Ming PARLIAMENT yesterday passed a Bill that will control the supply of lawyers and tighten disciplinary action against them. Among other things, the Legal Profession (Amendment) Bill 1993 will: Require law graduates from the National University of Singapore to attain
      384 words
    • Article
      IN BRIEF
      168 3 A TOTAL of 18,117 Singapor- eans applied for Singapore Te- lecom Group A shares from abroad through special authori- sation forms. Finance Minister Richard Hu said in a written reply to the House. These forms were issued by the Cen- tral Provident Fund Board for Singaporeans overseas who
      168 words
    • Article
      Witness admits he lied in earlier testimony
      420 3  -  The OSA trial Reports by Ramesh Divyanathan A FORMER government economist admitted yesterday to a Subordinate Court that he had lied in a material part of his testimony on Thursday. Choy Keen Meng, now a Nanyang Polytechnic lecturer, said he lied in saying
      420 words
    • Article
      IN BRIEF
      129 3 On trial: Five men who face 11 charges of breaching the Official Secrets Act by communicating and/or receiving the government's 4.6 per cent flash estimate of second-quarter 1992 economic growth before it was officially released. The flash estimate was referred to in a BT report on June 29,
      129 words
    • Article
      Govt economist's replies amount to giving secret data: witness
      345 3 GOVERNMENT economist Kelvin Quek's qualitative answers to a stockbroking analyst's questions about the economy constituted communication of secret data, a prosecution witness said yesterday. Former Monetary Authority of Singapore economist Choy Keen Meng agreed with defence lawyer K Shanmugam's suggestion that
      345 words
    • Article
      AG declines to say whether intention is needed in the case
      507 3 ATTORNEY-GENERAL Chan Sek Keong concluded the prosecution's case yesterday, the 17th day of hearing, but declined to say whether he sees intention as an ingredient in the charge of communicating secret data. Mr Chan also did not spell out,
      507 words
    • Article
      High Court grants petition to wind up Credit Consultants
      315 3 THE High Court yesterday granted a petition by Finance Minister Richard Hu to wind up Credit Consultants (Asia) Pte Ltd, the company that cheated 1,100 depositors of $25.5 million. The court, presided by Judicial Commissioner Lim Teong Qwee, ordered the Official
      315 words
    • Article
      CPF interest rates to remain at 2.5pc
      163 3 THE Central Provident Fund Board yesterday announced that it will continue to pay its 2.4 million members interest at the rate of 2.5 per cent per annum for the period January to June 1994. This rate is higher than the 2.13 per cent
      163 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      123 3 WINNER OF GOLDEN BEAR AWARD (BEST FILM) AT 1993's BERLIN FILM FESTIVAL.! j MITCHELL LICHTENSTEIN j j i d ,ecto,,l am Wedding Present this coupon at the Picturehouse Entrance on Monday, Nov 15, from J 9 am 5.30 pm (while stocks last!) and exchange it for a ticket voucher for
      123 words
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      Page 3 Advertisements Column 2
      216 3 PROPERTY IN FRANCE -S9HF aPS Don't Miss A Lifetime Investment Opportunity To Own A Holiday Unit On The French Riviera! I France is one of the world's leading tourist destinations with more than 57 million foreign visitors in 1992 Now consider your very own quality beachfront property in: e+muiPHicc/St. "7**ef/Se.
      216 words
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  • THE REGION
    • ASIA NOTES
      • Article
        Lock icon China's industrial output slows down
        68 4 Bloomberg Business News HONGKONG Chinese industrial output growth slowed 16.4 cent in October from 30.2 per cent in June, the Beijing-back-ed China News Service yesterday quoted the State Statistical Bureau as saying. The country's industrial output growth has been tapering steadily, posting rates of 25.1
        Bloomberg Business News  -  68 words
      • Article, Illustration
        Lock icon Two surrender in 7th plane hijack bid
        50 4 Reuter TAIPEI Chinese hijackers Han Shuxue (right) and Li Xiangyu talking to Taiwanese reporters after they commandeered a China Northern Airlines jet to Taipei's international airport yesterday. It was the seventh such hijacking in seven months and the third in eight days. Reuter
        Reuter  -  50 words
      • Article
        Lock icon KL trade surplus narrowed in August
        90 4 Reuter KUALA LUMPUR Malaysia's trade surplus narrowed to M 5572 million (*****.7 million) in August from MSB 76 million in July, the statistics department said yesterday. Exports fell 9.2 per cent to MS 10.1 billion in August, while imports fell 7.0 per cent to
        Reuter  -  90 words
      • Article
        Lock icon HK govt is very strong financially
        87 4 Bloomberg Business News HONGKONG The Hongkong government is in a very strong financial position and could cope with a wide range of economic problems, a senior government official said yesterday. "We are in a very strong fiscal position," said Secretary for the Treasury Stephen
        Bloomberg Business News  -  87 words
      • Article
        Lock icon Foreign investments in India up
        66 4 Bloomberg Business News NEW DELHI Foreign investment in India has risen to total 61.10 billion rupees (SS3.I billion) in the first nine months of 1993, the government said. This compares with 5.3 billion rupees Ia;1991 and 38.90 billion in all of 1992, the government said,
        Bloomberg Business News  -  66 words
    • Article
      Lock icon Japan's October trade surplus expected to ease
      313 4 Reuter TOKYO The rocketing expansion of Japan's trade surplus may finally be relenting, economists said. The trade surplus for October may be a mere US$lO.B billion (S$ 17.2 billion), according to the average forecast of economists polled, matching the US$lO.B3 billion seen a
      Reuter  -  313 words
    • Article
      Lock icon Kohl to visit China with eye on Sino-German business deals
      498 4 AFP BONN Chancellor Helmut Kohl is going to China for five full days next week flanked by ministers and top businessmen in a determined effort to secure an important share for German business and industry in the country's current rapid
      AFP  -  498 words
    • Article, Illustration
      Lock icon Downfall of a Tokyo tycoon
      76 4 Reuter TOKYO Paper mill tycoon and billionaire art collector Ryoei Saito (left) being taken away to a detention centre on Thursday after being arrested by Tokyo prosecutors in a growing pay-off scandal involving provincial governors and mayors, builders and developers. Saito is honorary chairman and
      Reuter  -  76 words
    • Article
      Lock icon EC urges S Korea to cut tariffs, open rice and finance markets
      372 4 AFP, Reuter SEOUL European Community Vice-President Leon Brittan yesterday urged South Korea to lower its tariff rates and open its rice market and financial sector to foreign competition, officials said. At a luncheon meeting with South Korean business
      AFP,; Reuter  -  372 words
    • Article
      Lock icon China firms in HK won't get special treatment: Beijing
      241 4 The Straits Times HONGKONG Chinese companies in Hongkong would have to compete on equal terms with other businesses here after 1997, China's top official on Hongkong affairs said. Lu Ping, head of the Hongkong Macau Office in Beijing, stressed that mainland
      The Straits Times  -  241 words
    • Article
      Lock icon Thai government wins no-confidence vote after two-day debate
      383 4 AP BANGKOK Prime Minister Chuan Leekpai's government won a no-confidence vote yesterday after a debate in which opposition parties accused two ministers of abuse of authority, nepotism, lying and having a meddlesome wife. Legislators voted 191 to 164 against the censure motion
      AP  -  383 words
    • Article
      Lock icon Philippines reports surplus in power supply for first time in more than a year
      240 4 Reuter MANILA The Philippines, long suffering from crippling power blackouts, yesterday registered a power surplus for the first time in more than a year, officials said. The state-owned National Power Corp (NPC) said Metropolitan Manila and
      Reuter  -  240 words
    • Article
      Lock icon Bangladesh to refuse foreign aid with tough conditions attached
      393 4 Reuter DHAKA Bangladesh, once ridiculed as an "international basket case" by former US secretary of state Henry Kissinger for its unending demand for foreign help, is now refusing some aid. officials and foreign experts say. The officials said the government had
      Reuter  -  393 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      117 4 BUSINESS TIMES TOLL-FREE TEL. No. 1-BQO-741-1883 FAX:74I-1298 Sedco Forex Technical Services Inc., for and on behalf of Triton Industries, Inc., hereby invites all interested parties to submit their best offer for the purpose of a barge (formerly used as a drilling tender) with a light ship tonnage of approximately 4000
      117 words
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  • COMPANIES & MARKETS
    • Article
      Van der Horst stages strong turnaround with $3.8m profit
      400 5  -  Revamp has given group new focus and strength By Abdul Hadhi SINGAPORE Given focus through a restructuring exercise last year, marine-engi-neering group Van der Horst Ltd staged a strong turnaround to post an after-tax profit of $3.82 million for the year
      400 words
    • Article, Illustration
      Lock icon MUI shares surge as market warms to divestment move
      355 5  -  By William Chia SINGAPORE Malayan United Industries' divestment of its bank and finance company to the Hong Leong group for MSl.l billion (SS6B2 million) has been viewed favourably by the market. MUI announced on Thursday that it had entered into an
      Source: Bridge Info  -  355 words
    • Article
      Winners of BT/Telecom contest
      130 5 CONGRATULATIONS to the following who have won the Business Times/Telecom Shares Contest: Top cash prize of $3,600 goes to Neo Peng Choo, I/C *****07/ Z. The 10 consolation prizes of 10 micro compo sets go to. Koh Eng Song, I/C *****24/G; Tracia Yeo Poh Leong, I/C
      130 words
    • Article
      Lock icon Tenaga hits record high after profit report
      307 5 Bloomberg Business News KUALA LUMPUR Power utility Tenaga Nasional Bhd's stock price surged to a record high after it posted better-than-expected profits in the year ending Aug 31. Tenaga hit M$ 14.20 a share during the morning session before closing 50 sen higher
      Bloomberg Business News  -  307 words
    • Article
      Investors may be burnt in Aussie listing rush
      797 5  -  HOCK LOCK SIEW By Florence Chong SYDNEY It is a worrisome trend shades of the pre-crash dangers apparent in 1987 are surfacing in the bull run on the Australian stock market. One hundred companies will have been listed on the Australian Stock
      797 words
    • Article, Illustration
      Lock icon Court allows Ibrahim to remain as a director despite Union Paper conviction
      332 5 Bernama KUALA LUMPUR Prominent businessman Ibrahim Mohamcd who was convicted of short-selling Union Paper Holdings Bhd shares was allowed by the High Court yesterday to continue as director of seven companies. He was also allowed to become director
      Bernama  -  332 words
    • Article
      Lock icon KUB's purchase of Datuk Keramat stake yields M$65m paper profit
      303 5 Bernama KUALA LUMPUR Koperasi Usaha Bersatu Malaysia Bhd (KUB) has chalked up yet another success in its increasingly profitable investment portfolio. Its recent purchase of 10 per cent equity in public-listed Datuk Keramat Holdings Bhd (DKH) costing MS39 million (SS24
      Bernama  -  303 words
    • Article, Illustration
      Lock icon SUMMARY
      314 5 Source: Bridge Info Performance of STII's Index stocks Nov 12 Last Snm late Stack saJ« Chfe factor (I) Jk A vi mo 1.800 0.030 1.25 C4C 7 800 -0 300 S4O-1M0 CWT 2.710 -0.070 1.88 -QUI0 Ceretoos 6 900 -0.1 SO 4.78 -WB> FAN 15 700 0.900 10.87 45&>0
      Source: Bridge Info  -  314 words
    • COMPANIES
      • Article
        Subaru makers and Mazda post sharp losses for first half
        429 6 TOKYO In the latest grim tidings from Japanese carmakers, Mazda Motor Corp and the makers of Subaru-brand autos yesterday reported sharp losses for the first half of the fiscal year. Battered by the high yen, a lingering recession and sluggish
        429 words
      • Article
        Lock icon Other Japanese companies results
        379 6 Reuter TOKYO Nippon Steel Corp said it suffered a record 16.7 billion yen pre-tax loss in the six months to Sep 30, reversing a pre-tax profit of 14.1 billion yen a year earlier. The world largest steelmaker said sales in the first half dropped 10.7 per
        Reuter  -  379 words
      • Article
        Lock icon Thailand's National Petrochemical on road show to sell shares
        304 6 Bloomberg Business News BANGKOK National Petrochemical (NPC), a joint venture between the Thai government and several private companies, will sell 22.5 per cent of its equity to the public in a bid to become listed on the Stock Exchange of Thailand.
        Bloomberg Business News  -  304 words
      • Article
        Lock icon No plans to sell MCA shares: Matsushita
        139 6 Knight-Ridder TOKYO Matsushita Electric Industrial Co has "no intention" of selling MCA shares to Tele-Communications Inc or any other firm, a spokesman for the company said yesterday. The spokesman said Matsushita's senior managing director Keiya Toyonaga met John C Malone, head of Tele-Com-
        Knight-Ridder  -  139 words
      • COMPANY BRIEFS
        • Article
          Lock icon Bank Islam to start broking firm
          67 6 Reuter KUALA LUMPUR Bank Islam Malaysia Bhd said it has been given approval to start a stockbroking firm. The bank said Finance Minister Anwar Ibrahim gave the go-ahead on Thursday and it would proceed to form BIMB Securities Sdn Bhd as Malaysia's 58th stockbrokerage.
          Reuter  -  67 words
        • Article, Illustration
          Lock icon Disney's America in the making
          45 6 Reuter VIRGINIA Bob Weiss, senior vice-president of Disney, shows reporters a drawing of the newly proposed Disney's America, a 1,212-hectare theme park, which will be located 48km west of Washington, DC. If approved, the park will open in early 1998.
          Reuter  -  45 words
        • Article
          Informatics wins KL dealership
          66 6 SINGAPORE Sesdaq-listcd computer training school and computer product vendor Informatics Holdings Ltd has secured the Malaysian dealership to sell products of US personal computer giant Compaq, through its Malaysian subsidiary Informatics Technology and Systems Sdn Bhd. The group, which operates 49 computer training centres in 11
          66 words
        • Article
          Superior Metal to sell stake in unit
          80 6 SINGAPORE Listed packaging company Superior Metal Printing Ltd (SMPL) has announced a proposal to sell the entire stake in its wholly-owned subsidiary SMP Packaging Sdn Bhd for MS 1.49 million (*****.800) to an associated company, Superior Metal Printing (M) Pte Ltd. The sale,
          80 words
        • Article
          Lock icon HK, Thai authorities sign MOU
          63 6 Reuter HONGKONG The Securities and Futures Commission, Hongkong's corporate watchdog, said it has signed a memorandum of understanding with the Exchange Commission of Thailand to protect investors and provide a framework of cooperation between the two bodies. The memorandum will include enforcement of laws, rules
          Reuter  -  63 words
      • Article
        UNIT TRUSTS & FUNDS
        465 6 UNIT TRUSTS FUNDS mwuin' prteM (S) Nov 15 N1UC Income Singapore IMt Trust 3.« 4.,2 The Commerce I 58 1.66 rnKwfluJ The Savings Fund 1.48 1.55 PmLink Mgd Fund 1.31 1.58 S'pore Prog Fund 0.66 0.69 MiDA-AnMfaMilM S pore Sec Fund 0.97 1.02 mAKA-VWmjMn Spore Invest Fund 1.12 I.IS Fit*
        465 words
    • FINANCE & COMMODITIES
      • Article
        DBS and UOB get licence to operate in Myanmar
        249 7  -  By Paul Leo SINGAPORE Two of Singapore's Big Four local banks were granted licences to operate in Myanmar and one of them has also been granted a licence to open a branch in Guangzhou, China. Myanmar's central bank has issued licences
        249 words
      • Article
        Lock icon Interbank lending slumps in second quarter: BIS
        415 7 IHT PARIS The shift away from what was traditional banking business is accelerating with a near-record decline in bank lending to other banks during the second quarter, the Bank for International Settlements reported on Thursday. Despite this, net international bank lending rose US$4O
        IHT  -  415 words
      • Article, Illustration
        Dollar sees correction after gains
        401 7 DBS Weekly Currency Review US$/DM: Bulls still in control? After making an impressive gain to 1.7078 last Friday, the overbought daily and weekly stochastics saw USS/DM correct to 1.6812 this Tuesday. The dollar then settled between 1.6855 and 1.6980 for most of the week. Resistance
        401 words
      • Article
        Lock icon Chicago Board of Trade stands by Globex
        266 7 Reuter CHICAGO The Chicago Board of Trade said on Thursday it was committed to Globex, after the chairman of the Chicago Mercantile Exchange warned of tensions among the partners of the worldwide electronic trading system. The after-hours trading system was developed by the
        Reuter  -  266 words
      • Article
        Lock icon Esso Thailand to double refinery by mid-1995
        325 7 Reuters SINGAPORE Exxon Corp unit Esso Thailand will complete a US$l billion (551.59 billion) expansion of its Thailand refinery in the first-half of 1995, roughly doubling its crude distillation capacity, logistics director Smit Tiemprasert said. "We will be finishing the project before mid-1995,"
        Reuters  -  325 words
      • Article
        Lock icon Bank Negara mops up M$500m from money market
        213 7 Bernama KUALA LUMPUR Bank Negara Malaysia was forced to go into the market several times this week to mop up excess cash from the financial system and to shelter interest rates from downward pressure. Bank Negara agents maintained that this was routine
        Bernama  -  213 words
      • Article
        Lock icon Taiwan to allow new banks to invest in stocks
        225 7 Reuter TAIPEI Taiwan will allow 15 newly established commercial banks to invest in the stock market in a move that could inject a sizeable amount of fresh funds into the bourse, Finance Minister Lin Chen-kuo said. Investment is expected to begin
        Reuter  -  225 words
      • Article, Illustration
        Untitled
        1166 7 Irade-Hrifhied index calculated against S pore's lop 14 trading partners Base year 1985 US$/S$ forward rates Noon Nov 12 BM Ofer 1-monih 1.5917 1.5932 2-month 1.5910 1.5925 3-tnonth 1.5903 1.5918 6-monlh 1.5887 1.5907 Sourer: OCBC Sourer OCBC FOREIGN CURRENCY NOTE RATES As at lOaa m Nav 12: Singapore dollars to
        1,166 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        144 7 THE US$/majors started the day soft but rumours of flareup at the North Korean front during mid-day provided a boost for the US$. Purchase of USS by local corporates saw the USS move higher in the USS/SS market. Sell orders above 1.5930 were easily filled
        144 words
      • Article
        Lock icon London
        182 7 Reuter LONDON Sterling began European trade firmer yesterday, above 2.50 deutschemarks in line with the dollar's small climb overnight. The pound rebounded after the government said Britain's trade gap unexpectedly narrowed in August. The pound was last at U551.4778, up from U551.4725 just before the trade data were released
        Reuter  -  182 words
      • Article
        Lock icon New York
        92 7 Bloomberg Business News NEW YORK The dollar rose against the deutschemark yesterday after the Commerce Department said US retail sales rose a bigger-than-expec-ted 1.5 per cent in October. Analysts surveyed had predicted retail sales would rise 1.2 per cent in October. Sales rose only 0.1 per cent in
        Bloomberg Business News  -  92 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars steady before retail data
        1303 8 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar interest rate futures finished barely changed in uneventful trade yesterday ahead of the release of US retail figures. Undertones remained bearish, however, on anticipation of a further correction in the US bond market and higher October retail sales. Dealers
        Reuter  -  1,303 words
      • Article
        Lower LME takes KL tin down
        624 8 COMMODITY REPORTS Tin TIN closed 25 sen lower at MJ11.75 per kg after a lower London market overnight sparked off some initial active selling yesterday, traders said. Lack of influential-news also dampened sentiment, they said, noting buyers also kept at the sidelines amid uncertainty
        624 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Thai Oct sugar exports down
          54 8 BANGKOK Thailand exported 128,593.95 tonnes of sugar in October, down from 179,201.92 tonnes in October 1992, according to figures released by the county's six sugar shippers. October exports were down 53.4 per cent from exports in September, according to the figures provided by international surveyor
          54 words
        • Article
          Thai raw sugar prices seen falling
          101 8 TOKYO Prices for Thai raw sugar are expected to continue edging lower as hope fades for large imports by India, Asian traders said yesterday. "People don't really believe India will come out to buy massively anymore." said a Hongkong trader. Japanese traders agreed, saying
          101 words
        • Article
          European export licences confirmed
          77 8 BRUSSELS The EC grains management committee awarded export licences for 275,000 tonnes of wheat, 225,000 tonnes of barley and 61.000 tonnes of Spanish barley at its weekly open market tender on Thursday, the European Commission confirmed. Traders' rebate bids for the soft wheat varied between 52.47
          77 words
        • Article
          Higher M'sian cocoa output expected
          77 8 KUALA LUMPUR Malaysian cocoa output in 1993 should total about 210.000 tonnes, up from 200.000 a year earlier, according to Musa Mohamed Jamil, deputy director-general of the Malaysian Cocoa Board. Concerns that the cutback in cocoa acreage by major companies would affect Malaysia's production were
          77 words
    • Article
      COMMODITY PRICES
      1566 8 Rubber Nov 12 IMS Cwdtty Exchange (Marts dMMf as at lpa) MS (pkyskal prices) RSS1 Contract (S ccnts/kg) iayacs Saltan Close Volume to at 12 a— (S cents/kg) Month High Lo», Sett (tonnes) Interest rss 2 Dec 93 128 00 I29.00N Dec 93 128.SO 128 50 129.00 25
      1,566 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1217 9 +21.6 BUYING by local investors pushed the Australian share market higher for a second day. "We saw a bit of domestic buying, so prices came back to a fair level," said one broker. The All Ordinaries index closed up 21.6 points to 2,074.0, its second daily gain after more
        1,217 words
      • Article
        Manila
        641 9 -5.17 Share prices fell on last-minute profit-taking in selected blue chips but brokers said they expect the market to perk up next week. The Manila composite index was down by five points while Makati slid around 12 points. "Overall the market was okay but it was brought down by
        641 words
      • Article
        Seoul
        440 9 Across-the-board buying interest pushed the stock market to another high for the year despite some technical adjustments in expensive blue-chip manufactur- er shares, brokers said. The composite stock index stood 8.13 points higher at 791.47. ofT the day's high of 796.85. The index hit its previous high for the
        440 words
      • Article
        Untitled
        459 9 Taipei No» II IS Vol All Sincere Ind 2.73 -0 20 312 Asia Cement 51 50 0 50 1320 Cathav Conar 43 40 4 0 80 2589 Cathay Life In 142 50 I 50 3*46 hang Hwa Bank I1K00 2 50 1142 Cheng Loong 2150 f I 10 ***** (iMa
        459 words
      • Article
        New Zealand
        314 9 +25.38 Shares rose 1.3 per cent yesterday, continuing the wild swings that have marked trading since an inconclusive national election last weekend plunged the nation into political turmoil. Brokers said they saw evidence for the first time of a grain of investor confidence returning to the market. The
        314 words
    • WORLD STOCK MARKETS
      • Article
        Paris
        142 9 -10.48 French shares were lower at the start yesterday but interest in the overall market was limited and volume low after Thursday's holiday and ahead of the weekend, dealers said. Lower bond futures and futures-led selling weighed on prices and one dealer said the market could lose 1 per
        142 words
      • Article
        Frankfurt
        173 9 German share priccs weakened in early trade yesterday, pressured by a soft finish to US share market trading and the bourse's shift to consolidative stance. The DAX 30-share index was quoted at about 2,014 in IBIS computerised pre-bourse trading after 2,024 late on Thursday. The DAX ended at 2,024.33
        173 words
      • Article
        Brussels
        158 9 -7.3 Belgian shares came under pressure in early trading yesterday, dragged down by weakness in London and other European bourses, and a slightly easier close on Wall Street overnight. Activity was expected to remain subdued, with many players away from the market after Thursday's national holiday. By 0950 GMT,
        158 words
      • Article
        Milan
        142 9 +0.34pc After opening sharplv higher, stocks began to drift back weakened by the softer trend of other European bourses and profit-taking. Brokers expected few fireworks with trading to be dominated by positionsquaring ahead of the end of the November account. A weaker lira and the dull performance of the
        142 words
      • Article
        Amsterdam
        238 9 -4.52 Dutch shares opened sharply lower as Unilever disap- pointed the market with third-quarter earnings at the low end of analysts' expectations. At 0900 GMT, the EOE index stood 4.52 points down at 370.33. All 24 EOE stocks showed losses. Most dealers expect the EOE to hold firm around
        238 words
      • Article
        Toronto
        273 9 +21.73 On Thursday, stocks soared to a second record close in as many days sparked by surging precious metal issues and low interest rate confidence. The TSE 300 closcd 21.73 points higher at a record 4.291.26 after hitting a new intra-day peak of 4.293.25. "I see it continuing in
        273 words
      • Article
        New York
        989 9 +20.68 The stock market headed higher yesterday morning as investors welcomed more evidence of improved US economic growth. The Dow Jones industrial average rose 20.68 to 3,683.11 by 10.30 am (1530 GMT) in the first hour of trading. Advancing issues took a lead over declines in the early
        989 words
      • Article
        Zurich
        228 9 Swiss shares opened lower yesterday as Thursday's consolidation continued ahead of the weekend, dealers said. The SMI index of leading shares fell 24 points to 2.696.1. The SMI November future stood at 2,700 after Thursday's 2,723. Banks lost around 1 per cent. ÜBS bearers shed 12 Swiss francs to
        228 words
      • Article
        Untitled
        1302 9 London No» II Hew* 47Industriah A A Corp Adr 34 I 2/8 Abbey National 40} -I Allied Lyons 551 ■*■5 4/* Amec 113 +2 Aida Group 49 -I W BAT Ind 503 H BICC 388 810 -1.190 BOC Group 632 4/8 4/8 BOC Group 632 4/8 4/8 BR Petroleum 359
        1,302 words
      • Article
        Johannesburg
        295 9 -4 South African shares were sluggish in morning trade as the market searched for fresh support after strong gains on Thursday. Dealers said big turnovers on Thursday had yet to be extended into the current session, but strong performances by Nasdaq-listed local stocks overnight were offering support. The gold
        295 words
    • Article, Illustration
      Lock icon HONGKONG
      2866 10 Reuter HONGKONG Stocks finished a day of seesaw trade up slightly with the Hang Seng Index at its second consecutive closing high yesterday. The main index ended at 9.701.25, up 26.42 points. Buyers turned cautious and the index dropped 74 points in late morning after hitting an intra-day high
      Reuter; Source: Bridge Info  -  2,866 words
    • Article, Illustration
      CHINA
      424 10 BOTH Shanghai and Shenzhen Indexes closed up yesterday with heavy trading on the bourses. Turnover in both markets almost doubled that on Thursday. In Shanghai, the prices of Jin Jiang Tower and Jinqiao soared by about 12 per cent on aggressive institutional buying. The most heavily traded share was
      424 words
    • Article, Illustration
      Lock icon TOKYO
      2406 10 Reuter TOKYO Stocks ended higher yesterday, rebounding from the sharp declines of the past two weeks. Brokers said investors were relieved after yesterday's November options settlement passed without event. Institutional investors stepped up their bargain-hunt-ing, cheering sentiment yesterday. "Next week will see firmer prices unless there's something unexpected," said
      Reuter; Source: Bridge Info  -  2,406 words
    • Article, Illustration
      Lock icon BANGKOK
      1696 10 Bloomberg Business News BANGKOK Prices rose to a record high for the second straight day as investors bid up shares after the ruling coalition prevailed in a censure motion in Parliament, analysts said. The SET composite index gained 9.58 points, or 0.7 per cent, to 1,380.84, with 165 issues
      Bloomberg Business News; Source: Bridge Info  -  1,696 words
    • Article, Illustration
      Lock icon JAKARTA
      1085 10 Reuter JAKARTA Share prices closed mixed in quiet trading, with the domestic market consolidating after recent gains, dealers said. The composite index closed at 512.87. up 1.52 points. "This is a good sign because, instead of being subject to profittaking. the market has remained firm. It indicates the fundamentals
      Reuter; Source: Bridge Info  -  1,085 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2123 11 Source: Bridge Info Source: Bridge Info MOST ACTIVE -vofcltm MUI 23.840.000 Tan Chong 50c 20.2J9.000 Rcnong Bhd 50c 12.839.000 Peg. Msia 9.599.000 Amal Sled 50c 9.207.000 Bedford 50c 8.895.000 Menang Com Tongkah Hldgs 7,841.000 Faber Group 5.962.000 Asia Pac Ld 50c 5.910.000 Idns Hyd 50c 5 693 -959
      Source: Bridge Info  -  2,123 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Bargain hunting helps shares to end off lows
        5342 11 Bernama KUALA LUMPUR Share prices succumbed to profit-taking and drifted lower on the Kuala Lumpur Stock Exchange yesterday. However, bargain hunting towards the close enabled shares to end away from their lows. The all-share Emas gained 0.57 of a point to 289.00
        Bernama; Source: Bridge Info  -  5,342 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Prices weaken despite good economic figures
        7959 12  -  By R Sivanithy SINGAPORE Share prices closed slightly weaker yesterday, despite the release of good third quarter economic growth figures. After gaining 55 points over Wednesday and Thursday partly in anticipation of good growth results the Straits Times Industrials Index surprised observers by losing
        Source: Bridge Info  -  7,959 words
      • Article, Illustration
        Lock icon Tat Lee Finance
        66 12  -  HOT STOCK Paul Leo TAT LEE Finance failed to break the resistance at 52.85 yesterday and is poised for a correction back towards support at 52.30. Weekly and monthly RSIs are above 75, indicating an overbought situation. Directional indicator MACD has already given a bearish signal Below
        Source: Bridge Info  -  66 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      211 5 Where's The Market Headed? The Fundamentals 1 How Compaq came back with a bang House hunt: Check out private property prices Get your copy of this month's Singapore Business from your nearest newstand or, if you prefer the convenience Mr/Mrs/Mis&/Ms: Oca**™ of doorstep delivery, send in the pre-paid subscription Company:
      211 words
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      Page 6 Advertisements Column 1
      3819 6 The Terms and Conditions for the operation of Securities Accounts with The Central Depository (Re) Limited have been amended, from 12 November 1993, as follows: TERMS AND CONDITIONS FOR OPERATION OF SECURITIES ACCOUNT WITH THE CENTRAL DEPOSITORY (PTE) UMTTED I Interpretation marketable lots of m the same lots as that
      3,819 words
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      Page 6 Advertisements Column 2
      6 6 Dividends table has been held over
      6 words
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  • Page 8 Advertisements
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      266 8 B U S I N E S S^_T_l_M__E L _S__ TOLL-FREE TEL. No. I-XXV74MW3 FAX:74I-I»8 OFFICIAL NOTICE We, SYABAS OIL SINGAPORE PRIVATE LIMITED of 10 Anson Road #30-07, International Plaza, Singapore 0207, hereby give notice that in consequence of the ship hereinafter named, we have applied to the Registrar of
      266 words
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      Page 8 Advertisements Column 2
      29 8 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead Wr offers B= the most current ■pltoto/job ■F opportunities
      29 words
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  • SPORTS
    • Article, Illustration
      Lock icon Couples' shot puts US in the lead
      515 13 World Cup of Golf A double eagle helps team take three-stroke lead in first round Golf AP ORLANDO, Florida Fred Couples scored a rare double eagle and paced the US to a three-stroke lead on Thursday in the slow-moving first round of the
      AP  -  515 words
    • Article, Illustration
      Lock icon One up for Cairns
      42 13 Reuter PERTH New Zealand bowler Chris Cairns (centre) is jubliant after dismissing Australian batsman David Boon for no score. Australia was 229-6 at the close of the first day of the first test against New Zealand yesterday. Reuter
      Reuter  -  42 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Basketball
        70 13 AFP Reuter CHARLOTTE, North Carolina Alonzo Mourning was the clear winner in this season's first NBA showdown with Shaquille O'Neal here on Thursday. Mourning scored 18 points and pulled down 10 rebounds to lead the Charlotte Hornets past Orlando 120-87. NBA Thursday: Charlotte 120 Orlando 87; Miami 116 Milwaukee
        AFP; Reuter  -  70 words
      • Article, Illustration
        Lock icon Golf
        331 13 Reuter Reuter AFP ORLANDO, Florida World Cup of Golf leading first round scores on Thursday: 13/ US (Fred Couples 66, Davis Love 71) 140 Sth Africa (Ernie Els 69, Retief Goosen 71), France (Jean van de Velde 66, Marc-Antoine Farry 74) 141 Zimbabwe (Nick Price 70, Mark McNulty 71)
        Reuter; AFP  -  331 words
      • Article, Illustration
        Lock icon Rugby
        23 13 AP CLERMONT FERRAND, France World Champion Australia ended its month-long series in France by beating the French Barbarians 43-26 on Thursday. AP
        AP  -  23 words
      • Article, Illustration
        Lock icon Tennis
        160 13 Reuter Reuter AFP ANTWERP, Belgium American Michael Chang has clinched the seventh berth in the eight-player ATP tour finals. Reuter ANTWERP, Belgium US$l.l million European Community championship second round Thursday (prefix number denotes seeding): Magnus Larsson (Swe) b Richard Matuszewski (US) 6-3 6-2; Magnus Gustafsson (Swe) b Brett Steven
        Reuter; AFP  -  160 words
    • Article
      Lock icon Golfing wunderkind opts for university
      211 13 AP STANFORD, California Tiger Woods, the only three-time winner of the United States Junior Golf Championship, says education comes before golf. "School has always come first, and that meant Stanford," said Woods, 17, of Cypress, California, who announced on Wednesday he would attend the prestigious
      AP  -  211 words
    • Article
      Lock icon Ballesteros wants Ryder Cup held on course he designed
      311 13 Reuter MADRID Severiano Ballesteros gave his backing on Thursday to holding the 1997 Ryder Cup on a course he designed, Novo Sancti Petri in south-west Spain. The Spaniard said the course near Cadiz, opened in 1989, was the only one in
      Reuter  -  311 words
    • Article
      Lock icon Racial slur stirs Pittsburgh defender into action
      331 13 AFP WASHINGTON American football's interception leader wants players to think before they speak so verbal intimidation tactics stop short of racism. Pittsburgh defensive back Rod Woodson scuffled with Cincinnati receiver Carl Pickens over racial insults following a 24-16 National Football League triumph last
      AFP  -  331 words
    • Article, Illustration
      Lock icon Knicks run into offensive problems The Knicks have been hurt by careless turnovers and poor shot selection
      525 14  -  But their coach is taking it philosophically, writes Clifton Brown Clifton Brown NYT INDIANAPOLIS At some point during each of their four games, the New York Knicks have struggled offensively. Some of their
      NYT  -  525 words
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1661 13 aii nm tn nm n®_ CT 5#* 0?- Ata MuM GA860 2000 frmUmi SQ25 0650 QF5 2220 AmtardM KL837 1540 Kj|44 0535 1111 LH779 2359 I I SQ324 2345 FM—la SQ969 1705 SQ990 QUO ttfcws SQ347 1730 Cti SRI 83 2140 SQ347 1735 CMngzteMi CA978 0930
    1,661 words
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      58 13 ADVERTISEMENT RiisinessTimes/KENWOOD GOLFING TIPS By BRETT BRASJER PROFESSIONAL GOLFER Fully Qualified Member Of 5.P.G.A.S Dip in Golf Management tKen if is vefy ecasy to swing back too far 4 on fumic\g your* shoulde»*s in WQLt conjunction with a proper inside takeoway makes an overswing difficult/ if not impossible. swing) is
      58 words
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  • SHIPS IN PORT
    • Article
      CONTAINER SCHEDULES
      1723 14 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voi No Cwtaincfs nibble Ship toy Ho Contemn mtoMt Kota Buana 022 11.11.93 1145 B Serou 732W COO(EST) 12.1193 1500 Trade Fast TFS103 11.11.93 1145 00CI Beacon 018 COO(EST) 12.11.93 1500 Ski Loong ***** 11.11.93 1150 Success Hope 32/010 COO(EST)
      1,723 words
    • Article
      AT CONVENTIONAL WHARVES
      383 14 Vessel Koy Wo Berth hmti Departure Vessel V«y Ho Bert* fcrwal Deperture JuronK Port Opper Mand 09; SW P06 1211/1200 12.11/2100 Inger R«s Oil J4/5 14.11/1900 15.11/0500 Oa»a Makmur 21/93 P088 1111/1500 14.11/0600 Strider km 1/93 J17 14.11/0700 14.11/1100 Elona SC264C 12/11* P01A 1211/1510 12.11/1800 Elona SC264C
      383 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      439 14 I CRYPTIC CROSSWORD 1 Rugby players getting on Lm with the presentation (9) 6 Drawing all but the bow of j 10 18 across might be seen by accident IH II Marines formed discussion JML— 12 Plain dweller takes every- I^J__L_±_^^L_ to em--13 ...everything is bound to 3 ||jf|Pl|||| L
      439 words
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  • THE WORLD
    • Article
      Lock icon US economy will suffer without Nafta, says Bentsen
      490 15 Reuter SAN FRANCISCO US Treasury Secretary Lloyd Bcntjbn said the US economy would have 500,000 fewer jobs aid gross domestic product (ODP) would be US$43 billion (&68 billion) lower than it oftght to be in 10 years if Congress fails to pass
      Reuter  -  490 words
    • Article
      Lock icon German aerospace industry demands govt backing
      356 15 Reuter i BONN Germany's troubled aerospace industry urged the government to give it more backing against its competitors in the United States, warning that the entire high-technology sector was under threat. Wolfgang Piller, president of the Federation of the German Aerospace and Defence Industry
      Reuter  -  356 words
    • Article, Illustration
      EC on track for Gatt unity: Dutch minister
      296 15  -  By Kevin Sullivan SINGAPORE Negotiations arc on track for a successful conclusion of the Uruguay Round of Gatt talks by Dec 15, Dutch Minister for Foreign Trade Yvonne van Rooy said here yesterday. "Agreement is within reach," she told reporters. "The EC
      296 words
    • Article
      Lock icon Tight timetable for Russia-EC accord
      243 15 Reuter BRUSSELS European Commission President Jacques Delors has announced a tight timetable to complete a Rus-sia-EC partnership agreement which the EC hopes will mark a new era of links with the former Communist superpower. Mr Delors said yesterday after talks in Moscow that the partnership
      Reuter  -  243 words
    • WORLD WATCH
      • Article
        Lock icon UK trade deficit shrinks to £419m
        94 15 Bloomberg Business News LONDON Britain's trade deficit narrowed to a provisional £419 million (SS9B4 million) in August from a revised deficit of £1.06 billion in July, the Central Statistical Office said. The August deficit is the lowest since February 1987. The July deficit originally
        Bloomberg Business News  -  94 words
      • Article
        Lock icon Convention backs nuke-dump ban
        62 15 AFP LONDON The London Convention yesterday adopted a resolution by 37 votes to five abstentions demanding a permanent ban on the dumping at sea of radioactive waste, the convention organisers said. The five abstainers, Belgium, Britain, China, France and Russia, were given 100 days to declare
        AFP  -  62 words
      • Article
        Lock icon Media apology for Queen Mother error
        91 15 Reuter LONDON Mortified media bosses yesterday apologised for mistakenly announcing the death of Britain's Queen Mother after a bizarre chain of coincidences that stretched around the world. It started with an Australian editor in London ringing his mother back in Brisbane during an obituary
        Reuter  -  91 words
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      1769 15 A Indian Bank (Wholly-owned by Government of India) Head Office: 31, Rajaji Salai Madras 600 001, India) BALANCE SHEET AS AT 318T MARCH 1993 CAPITAL A LIABILITIES SCHEDULE AS ON 31.03.93 AS ON 31.03.93 PROFIT A LOSS ACCOUNT SCHEDULE AS ON 31.t3.93 AS ON 31.«3.91 (000'S OMITTED) (000'S OMITTED) (WW'S
      1,769 words
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  • Article
    Lock icon Japanese builders selling off overseas properties
    479 16 Reuter TOKYO Japanese construction companies are selling off their unprofitable overseas real estate holdings as they come to grips with a prolonged global properties market slump. "(Japanese) builders all want to scrap their overseas properties businesses," a construction industry analyst said. "They would all
    Reuter  -  479 words
  • Article
    Lock icon Tokyo diplomat urges more efforts to avoid worsening ties with US
    224 16 AP TOKYO Japan's top career diplomat warned yesterday that relations with Washington could deteriorate if Tokyo isn't careful and urged his government to step up efforts in the trade arena. Kunihiko Saito offered no specific proposals, but appeared to
    AP  -  224 words
  • Article
    Lock icon Japan ready to cut tariffs on industrial products, farm imports: newspaper
    236 16 AFP, Reuter TOKYO Japan will offer to cut import tariffs on industrial products by an average 60 per cent, a newspaper reported yesterday. The country is also ready to slash import duties on agricultural products by an average of
    AFP,; Reuter  -  236 words
  • Article, Illustration
    Lock icon March for industrial safety
    84 16 Reuter TAIPEI About 2,500 Taiwanese workers marched through Taipei yesterday, demanding better working conditions and job protection. The gong-beating protesters, accompanied by monks, carried effigies of Fang Yni, wife of Premier Lien Chan, and her collection of earrings and rings displayed beside effigies of ears and
    Reuter  -  84 words
  • Article
    Lock icon Car selling spree drives US October retail sales up 1.5pc
    398 16 Bloomberg Business News, AP. AFP WASHINGTON A sales spree at car dealers helped boost receipts at retailers nationwide by 1.5 per cent in October, the biggest gain in six months, the US government said yesterday. It was the seventh consecutive
    Bloomberg Business News,; AP.; AFP  -  398 words
  • Article
    Lock icon UN to tighten sanctions on Libya from next month
    279 16 AFP, NYT, Reuter UNITED NATIONS After weeks of haggling and delay, the United Nations Security Council finally carried out on Thursday its threat, to tighten sanctions on Libya, including a freeze on financial assets abroad. The sanctions, to take effect Dec
    AFP,; NYT,; Reuter  -  279 words
  • Article
    Lock icon Deal with BAe is off, says Taiwan Aerospace chief
    269 16 Bloomberg Business News AP, TAIPEI A NTS77S million (5545.9 million) aircraft deal between Taiwan Aerospace Corp and British Aerospace pic has collapsed, the chairman of the Taiwanese company said yesterday. "Our differences are too big to be narrowed," Earle Ho told
    Bloomberg Business News; AP,  -  269 words
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      51 16 |managemen^ Monday in Business Times K A* **A* Please mail/fax/telephone to: ZB. j j fimnpnn f*i««« ftnwfngt 82 Genting Lane, *****. ft®# ftßg a 'h*** J*L Tel: 1800-*****77 Fax:*****75 Your monthly subscription fee will be collected by the *r«*w» 9rm» a&s* j J 1 Address: 1 nw+s*«-awa«*«*-«£»w«a *•{*»«<***&**£ j Tel
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      Page 16 Advertisements Column 2
      144 16 Monday in Business Times BUSINESS TIMES TOLL-FREE TEL No. 1-000-741-1883• FAX: 741-1296 BUftINKSS DfVILOPMiNT IXICUTWI for proposed Singapore Office A leading US-based shipping company seeks a creative, energetic and nighty motivated executive to join its Business Development team in Singapore. The successful candidate will have a strong background in economics,
      144 words
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  • Executive Lifestyle
    • Article, Illustration
      Getting smart about art
      1645 17  -  More Singaporeans are collecting art, but how savvy are they as buyers? Susan Tsang finds out Susan Tsang IN THE PURSUIT of wealth, Singaporeans seem to have it all. Rolexes, BMWs, private properties, Telecom shares you name it, most of us have got it. But it
      1,645 words
    • STRAWS IN THE WIND
      • Article
        It beats New York
        66 17 A REPORTER who was recently in Los Angeles asked a taxi driver what he thought of the city of angels. The driver replied, "It's pretty good here." Asked why he said that, he explained that he had lived in New York for about 10 years and
        66 words
      • Article
        Special category
        40 17 AT A recent investment seminar, a speaker pointed to a chart showing "commericai" sales. "Commericai" a typo error, surely? Not so, said the quick-witted speaker. It seems sales of commercial vehicles were so tomical, they called it commericai.
        40 words
      • Article
        Point taken
        58 17 DISTRIBUTORS of the world's first wood-free pencil sent this office a thick promotional kit stuffed with sheets of press releases, full of charts and information about why it was necessary to save trees. It was all done on recycled paper, but we thought the message would have been
        58 words
      • Article
        Closing words
        27 17 HEARD at a supermarket at closing time: the opening refrain of Seasons In The Sun which starts "Goodbye to you my trusted friend". How apt.
        27 words
    • OPINIONS
      • Article, Illustration
        Wanted: Suitable mate for dragon lady
        783 18  -  The recent changes in gender and social class have left many men socially disoriented and suicide prone, writes Neville Stack Neville Stack The writer is a political commentator based in London. He writes regularly for BT. THE RISE and rise of the able woman
        783 words
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        Lock icon Clinton delivers China and Taiwan an ultimatum
        908 18  -  Nirmal Ghosh on the US bid to stop illegal trade in rhino horn and tiger products Nirmal Ghosh The writer is a BT journalist US PRESIDENT Bill Clinton has set a March deadline for China and Taiwan to stem illegal trade in rhino
        Photo by Nirmal Ghosh  -  908 words
      • Article
        About that MUI deal
        413 18  -  LETTERS TO THE EDITOR Cheang Yoon Hoong Company Secretary Malayan United Industries Berhad WE REFER TO the report appearing on the Nov 12 edition of BT, under the heading "Hong Leong to fork out MS 100 million more for two MUI units". The report is incorrect
        413 words
    • VIEWPOINT
      • Article, Illustration
        Lock icon The world's man for the next 30 days
        2482 19  -  CONVERSATIONS The Uruguay Round of global trade talks reaches its final deadline on Dec 15. Gatt Director-General Peter Sutherland tells Vikram Khanna what the Round is all about, and how he ended up with the 'appalling job' of seeing it through Vikram
        Photo by Chris Loh  -  2,482 words
      • Article
        Private pleasures
        293 19 UT7 XCEPT for the Uruguay |H Round," says Peter Suther--1 J land, "I would have been playing at the World Golden Oldies Rugby Tournament in October, which brought 5,000 senile rugby players together in Dublin. But I couldn't play because I had to spend my time at the
        293 words
      • Article
        A tough fighter from Ireland
        686 19 FORTY-SEVEN-year-old Peter Sutherland has never run shy of a scrap. The story goes that he broke his nose nine times playing rugby for University College, Dublin. ("Maybe not quite nine," he says, "because at least a couple of those were double fractures. I probably deserved
        686 words
    • Article, Illustration
      Devious connections
      721 22  -  Aln Ajm A DIM/lAIM LlncVTid nCTICW By SHAHIRON SAHARI THE BOOK versus movie debate has been and will remain with us for as long as both exist to inundate our senses. By and large, it is almost true to say that books are winning the battle. How many
      721 words
    • Article, Illustration
      Striving for sentiment
      587 22  -  By SUSAN TSANG FREE WILLY begins with lovely docu-mentary-style footage of a free Willy and his killer whale family showing off their paces somewhere in the Pacific. But trouble lurks, and the whale is soon netted and sent from his ocean world to an ocean park. This
      587 words
    • Article, Illustration
      Lock icon Honda hutzpah
      796 22 Samuel Ee tries out the fifth-generation Accord at Honda's Tochigi test track in Japan WHEN Honda unveiled the inaugural Accord in 1976, the pundits marvelled at how a Japanese automaker could have created such a European-oriented design. They were, however, a little off" the mark; it wasn't an
      Photo by Lionel Seah  -  796 words
    • Article, Illustration
      Safety considerations
      611 22 THE NEW Accord took its first step on the road to production reality at the Honda R&D Co at Tochigi. In fact, all Honda modetqppconcqwed at thjgj extremely important amtre abotf an ride by bullet train from Tokyo. The plans for the 1994 Accord were drawn up as
      611 words
    • Article, Illustration
      The world according to Joel
      809 23  -  CO Review By SHAHIRON SAHARI BILLY JOEL: River of Dreams Billy Joel has always been a great tunesmith, with a catalogue of songs about everyday and not-so-everyday things. These range from the reminiscent (I've Loved These Days), to songs about seamen's fears (Storm Front), the
      809 words
    • Article, Illustration
      Acts of malice
      551 23  -  Book Revfow By KEVIN SULLIVAN Love's Fearful Passage By Basanti Kannakar Yang Publishers and Crescent Design Associates 208 pages, $10 THERE is a breathless enthusiasm about Love's Fearful Passage which results in a sort of cumulative charm. The novel Basanti Karmakar's second since she took up fiction
      551 words
    • HEALTH & FITNESS
      • HEALTH Notes
        • Article
          Lock icon Dummies may help prevent infant death
          86 24 Vogue CHILDREN'S dummies could yet get a medical thumbs-up. Despite the dramatic fall in cot deaths following the "back-to-slecp" campaign urging parents to put their babies to sleep on their backs rather than their fronts, half of all reported cases still elude explanation. A
          Vogue  -  86 words
        • Article
          Lock icon Family history of breast cancer
          101 24 Shape IT'S TRUE, women whose family members have had breast cancer are more likely to contract the disease, but the good news is that the risk is smaller than once believed. According to a large scale study at Brigham and Women's Hospital in Boston that
          Shape  -  101 words
        • Article
          Lock icon Untreated diabetes during pregnancy
          83 24 Shape WOMEN with severe and untreated diabetes during pregnancy may predispose their infants to diabetes later in life. Researchers at a recent American Diabetes Association conference reported that infants born to women who have high blood-sugar levels while pregnant could become obese and develop an impaired
          Shape  -  83 words
        • Article
          Lock icon Milk not the culprit in tooth decay
          184 24 NYT CONTRARY to conventional wisdom, milk isn't the culprit in baby-bottle tooth decay, according to a study from the San Francisco Department of Public Health. Dietitian Samantha Stephens, who coordinates the city's oral health programmes, surveyed mothers of 40 children ages 3 to
          NYT  -  184 words
        • Article
          Lock icon Afternoon exercises are better
          81 24 Men's Health YOU MAY get more out of your workout if you schedule it for the afternoon, suggests a new study from Japan. Researchers found that men who exercised on a stationary cycle at three o'clock improved their aerobic fitness significantly more than men who worked
          Men's Health  -  81 words
        • Article
          Lock icon Sex and heart attacks
          99 24 UPI SEXUAL activity doubles the risk of a heart attack, but researchers say it poses less risk than getting out of bed in the morning. The chance of having a heart attack at any given time is about one in a million, but sexual activity increases
          UPI  -  99 words
      • Article, Illustration
        Lock icon Blood pressure drug may help delay kidney failure
        965 24  -  Captopril may save billions of dollars in health care costs for diabetics, reports Gina Kolata Gina Kolata NYT IN A finding that elated researchers, a large study has shown that a drug used to treat high blood pressure can sharply slow progression
        NYT  -  965 words
      • Article
        Flying with no jet-lag
        437 24  -  Claire Leow recommends a remedy for jet-lag complaints Claire Leow Travelling is great but the glamour of travel is over-rated. Ask any top executive who cross timezones weekly or live out of a suitcase. One of the most common complaints is jet-lag. Flying long hours is
        437 words
    • PEOPLE
      • Article, Illustration
        Lock icon 25 years old and still Evergreen
        267 24 EVERGREEN Marine Corporation recently celebrated its 25th birthday in Singapore, the second-last destination of a two-month tour of 15 major ports where its vessels call at. The company hosted a buffet dinner at the Orchard Hotel for more than 500 guests, most of whom
        Photos by Chris Loh  -  267 words
    • TIME OFF
      • Article, Illustration
        Green and evergreen
        943 25  -  Shahiron Sahari basks in the music of old-timers John Denver, Tony Bennett and Sergio Mendes Shahiron Sahari THE PAST week saw several, shall we say mature, faces in town, each doing his thing. And, most of the time, the privilege was all ours. On Monday afternoon, John
        943 words
      • Article, Illustration
        Pursuing the first love
        406 25  -  Shahiron Sahari finds out what makes Mitch Holder a jazz hit Shahiron Sahari DOWN at The Bar at the Regent Hotel, local keyboard favourite Jeremy Monteiro is currently cooking up a jazz storm with his guest, guitarist Mitch Holder. Holder is in town for his first
        406 words
      • Article, Illustration
        PERFORMANCES
        593 25 Watching the Clouds Go By Theatre Works presents this play about our convictions, beliefs and how our ideals can sometimes dull our senses. Till tomorrow; Bpm at the Black Box. Fort Canning Centre. Tickets at $8 availaNe from Tangs. Centrepoint. Liang Court and the Black Box. Under the Bed
        593 words
      • Article
        CONCERTS
        487 25 Acoustic Vibes 6 The last instalment this year in the highly-acclaimed concert series that had noted music stalwarts Alex Abishegenaden. Ray Anthony as well as newcomers AwOL and Art Fazil. All the music featured here is strictly unplugged no loud guitars, no electronic gadgets, no effects just pure music.
        487 words
      • Article
        FILMS
        88 25 The Blue Planet Produced with Nasa's help, this film takes you on a trip to space where the Earth seems suspended in a limitless void. We see how natural catastrophes have devastated life here. Too bad Man is intent on contributing to the destruction. 11am, 12pm, 2pm. 4pm. spm
        88 words
      • Article
        EXHIBITIONS AND TALKS
        660 25 Singapore Dane* Theatre Open Home The SDTs Open House will feature a display of costumes, archival photos and videos and a performance to promote public awareness and a better understanding of dance and ballet. Today, spm to 7pm at the SDT. Fort Canning Centre. Free. Singapore Green
        660 words
      • Article
        AT THE SUBSTATION
        53 25 Magical Tour Works in acrylic, oil and ink will be presented. Ismail LatifTs moon motifs are the centrestage of his paintings. Today, at the Gallery. Wa Saak tha Saa A lecture by Sun Zu Ping on drama and its significance in our society. Tomorrow, 10.30 am at
        53 words
      • Article
        TICKETS
        163 25  -  Compiled by Christopher Toh Sanaa and Gartaakal la Coacart They began their career as 'Tom and Jerry" but then went on to become the most popular folk duo jn history. They come together for this reunion gig on Dec 5 at the Singapore Indoor Stadium. Ticket sales start today
        163 words
    • EPICURE
      • Article, Illustration
        Italian additions
        542 26  -  Bon Appetit By JAIME EE tOODWOOD Park Hotel's Cafe Espresso has always been a favourite spot for afternoon tea much so that you tend to think tjhcre's nothing else to do there but ohcw sausage rolls and stare at Japanese tourists. Ah, but little did we know that
        542 words
      • Article, Illustration
        Golden offerings
        492 26  -  By SUSAN TSANG SUPERIOR shark's fin is all very well, but now the Xin Cuisine Chinese Restaurant has a promotion that aims to tweak the superior stuff up yet another notch. The restaurant is offering two shark's fin dishes designed to give diners a warm glow they are
        492 words
      • Article
        Six decades of Krug
        800 26  -  Wine By N K YONG THE ENGLISH like their champagnes old. The French like them young. The Krug brothers are French and not only do they specialise in producing old champagnes, their Collection range, they also enjoy drinking them. It all began when they checked out
        800 words
    • Article, Illustration
      CINEMA
      1086 28 Another Stakeout Cops Richard Dreyfuss and Emilio Estevez continue their put-down routine. This time, they are joined by over-emphatic Rosie O'Donnell. Midnight tonight: 11.45pm Marina 1; 12am Empress 3. Bedok; 12.15 Cathay 1. Today and tomorrow: 10.30 am Marina 1; 11am Bedok 1, Empress 3; spm Marina 1: 5.15
      1,086 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      183 17 D D 0 H 24-hour "Loan Information Service Approval" 1800 334 3588 18 0 0 3 3 4 3 6 S S THE BURBERRY .r j/Mhx JWBQI m 'f tol 4fl VEfM Available cxclusivcfv SINGAPORE: Burbcrryi Main Shop: 455 Orchard Road. WMf <V«. W»ma Aufa. Singapore 0925 Td 755 7115.
      183 words
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      Page 18 Advertisements Column 1
      121 18 THE CJUIADT WAYTO^aL GET TO WORK. K* You've commuted with your old briefcase long enough. Samsonite's latest Smart Attache Series* features an m an exclusive gravity-activated "smart hinge**" that will revolutionise the way we work. This innovative "smart hinge" allows your briefcase to standard briefcase when Two for whatever position
      121 words
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      Page 18 Advertisements Column 2
      40 18 C BT welcomes J letters from >aw. S S- Please address the® r S to: The Editor. K Business Timet, C r 390 Kim Sra» Rd. j j S'pore 0923. Letters C r sJmmM iicWe your J contact numbers. S
      40 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      80 18 E*****3H568 f» my pippi>JG off TMC ejJOOGM orroc..AOW*T 001 VPHCSTe*- Re£RV J NOP y POOWESBURY GARRY TRUDEAU 7RBVOR! TMFfNB, OUR OAS GRIU. TIPPED OVER J IT? SCARE ME"? MOPE. IF I WJJZ ARE YOU OOOPS/E. ANP SETTHE LAPJN ON FfRE f NO.ITPIPNT COUU? SURVIVE OKAY* BUT I OWE I JUST
      80 words
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  • PERSONAL FINANCE & INVESTMENT
    • BULLS EYE
      • Article, Illustration
        Lock icon BT SENTIMENT INDEX (NOV 15-19)
        498 20 Those polled on their views of the Singapore stock market for the week ahead: Alliance Securities, 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
        Source: Bridge Info  -  498 words
      • Article, Illustration
        In my opinion...
        296 20  -  Jake van der Kamp Regional research director HG Asia UT N OUR view, the I driving force behind M- Asia's bull markets has not been the inflow of foreign capital but the pricing of its shares. It's the long bond, to give the phenomenon its most obvious
        296 words
    • Article, Illustration
      A window on the world's bond markets
      780 20  -  Soh Tiang Keng looks at the Citi Global Bond Fund the equivalent of a unit trust for bonds Soh Tiang Keng U"W" T IS important," I says Timothy I Sullivan, senior I portfolio manager at Citibank Global Asset Management, "that anyone who is
      780 words
    • Article, Illustration
      Lock icon Will the Asian bull run be sustained?
      691 20  -  Joyce Quek reports on HG Asia's assessment of the prospects for regional stock markets Joyce Quek DONT sell your Asian shares yet even though earnings growth and valuations, excluding Japan's, signal that the region-wide bull market is well advanced. The current bull runs
      Source: HG Asia  -  691 words
    • Article
      What HG Asia picks
      275 20 Malaysia: This market is riding on sentiment and to a large extent relying on the handouts of an upbeat budget and the dawn of a new political era. It is a moot point whether the market will be supported until the general elections, widely expected to
      275 words
    • Article
      Unit trusts riding high on the back of stock market bull
      608 20  -  Most funds have posted good gains in asset values over the last 3 months, reports Lilian Ng Lilian Ng The writer is a freelancer who contributes regularly on investment matters THE anniversary of Black Monday, Oct 19, passed uneventfully
      608 words
    • Article
      Unit trust performance ranking
      714 20 Next publication dole: Dec 11, 1993 Souk*. Microp# Launch I mth 3 mths 6 mths I yr 2 yrs 3 yrs Lanch I mth 3 ths 6 mths l_yr 2yn 3 yra Baakiag at II 1993 K—Ut a» M Nwto II, IW3 SiijipoR Stnitt lian U1
      714 words
    • Article, Illustration
      Lock icon Pitfalls to avoid when trading with CPF funds
      722 21  -  Shiv Taneja has some advice to offer first-time investors Shiv Taneja IS THERE life after Singapore Telecom? For the many firsttime investors in the stock market, ownership (and subsequent trading) of shares is going to open up a whole new ballpark. But
      Source: GK Goh Stockbrokers Pte Ltd  -  722 words
    • Article, Illustration
      Lock icon Mixed outlook for regional currencies
      725 21 HONGKONG Strong capital inflows have kept the Hongkong dollar at almost one per cent over its official peg rate of HKS7.BO:USSI during most of 1993. This is likely to continue over the next 3-6 months given the influx of foreign investment in the local stock
      Source: Asian Economic Commentary,Nov 93  -  725 words
    • Article, Illustration
      A unit trust which comes with an insurance policy
      776 21  -  Titian Ng on a unit trust which promises guaranteed returns Lilian Ng The writer is a free-lancer who writes regularly on investment matters AN INSURANCE policy with the performance kicker of a unit trust. Or, a unit trust with the security
      776 words
  • Page 20 Advertisements
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      Page 21 Advertisements Column 1
      101 21 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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  • Page 23 Advertisements
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      Page 24 Advertisements Column 1
      92 24 P r mer automatic chronograph movement. 4 S s.gg Available in gold, gold and steel or steel. Wr Above A Beyond IV Ud 1 Maritime Square *02 101 Expo Gateway Tel: *****42 G««inaWa»cfcCH*e IV Lid »01-36 Raffle. City Shoppin. Centre Te*****1 tS :-4 X *®<Ay iOl -32 Lucky Plaaa Tel:
      92 words
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      51 25 YOU'VE NEVIR HAD IT SO GOODI i^Tj Windsurfing, water-skiing, snorkelling, kayak, I pedalo, tennis, archerv, glass bottomed boat BllE'li I If I ride, kids' mini club, shopping entertainment every night. (Scjuash, golf& casino, if available at j^ji Special Dep: 4/12/ 11/12, 18/12, 22/12, 9/2, 12/2 8 DAY^GCTAWAY 50 Coltyer Quoly
      51 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      101 26 J A J GENUINE TASTE OF ITALY. a Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas, ice-cream, cappuccino > and of course don't miss our most-talked about dessert, Tiramisu. t PASTA FRESCA DA SALVATOBE PTE LTD W BLK 833 *01-03 ROYALVILLE BUWT TIMAH
      101 words
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      Page 26 Advertisements Column 2
      202 26 mtam fu Beer Garden with a cosy pub and 2 of the best bands awaiting you for your entertainment! RESERVATION HOTLINE 225 6636 10am-6pm (Moo-fti) bwr EUROPA CHANGI VILLAGE BHc S. Chang V.lUgc R«d<ol-2DOI Tel: 542 5617 Okie English Eating House 277 Ordvard Rd #02-38 Specialists- Centre 5(0923) Specialized fta
      202 words
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  • Page 27 Advertisements
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      Page 27 Advertisements Column 1
      568 27 M Nothing Beats A Bud. B ffuw OF The 'Quarts' star is alive and well wfcfc full of Soul Rock VIWIVERNON CORNELIUS PLUS perform* at CONNECTIONS from 9pm to 2am nightly (except Sundays). The Richmond Connection DJa also entertain from Mondays to Sundays, spm to 2am. Experience good music, food
      568 words
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      Page 27 Advertisements Column 2
      257 27 WHERE TO WINE, DINE AND ENTERTAIN Our weekend lea is so satisfying, people sometimes break into song. JHZ Choose from sn astonishing variety of savoury and sweet favourites. And if that's not enough, our tea special also includes karaoke at Singsation, Singapore's only theme karaoke lounge. So pop over to
      257 words
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      Page 27 Advertisements Column 3
      346 27 dtlkloui om* to choeM Tab yiur pick. Tioafta 9 mw CMMitry mnrmry month. ffca ttnMii GrMiraom Lunch: ■|BH Noon 2.X pm Only j3Q»» pmr pmrion. For PVMfwMoHSf p/#oi# caM 73*6151 MT 1 t \j mikMM N 1 I 'mfinIBVTitTIIMII 1 Bißfr "i-^p 11am to 12.30 am deMy Come on down
      346 words
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      2375 28 TODAY'S TV 8.00 CaleftheWNd. 9.00 Doepeval Special. Super Clash. The Happy 9.30 am, "-00 Th« Flying Teddy KIC riopmwin Amy the The Happy NN News. er's daughter, who 12.15 PM Heliday Movie hay to good for the people The New or be put death. The narrates 2.30 Prawa (M).^ only
      2,375 words