The Business Times, 19 November 1994

Microfilm: NL19734
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    16 1 SINGAPORE BusinessTimes Mi l A (P) 010/12/93 Weekend Edition, November 19-20 1994 WE KNOW ASIA 15'
    16 words
  • Article
    China, Indonesia, HK are top draw for S'pore expats: survey
    645 1  -  By Chuang Peck Ming SINGAPORE China, Indonesia and Hongkong are the main destinations for a growing number of Singaporeans working abroad, a survey by Geneva-based Corporate Resources Group (CRG) shows. And work in these countries for Singapore firms or multinationals
    645 words
  • Article, Illustration
    Pertamina to slash stake in Natuna gas project to 10%
    385 1  -  From Leslie Lopez in JAKARTA INDONESIA'S national oil company Pertamina, which has been awarded an equal ownership of the US$35 billion (5551.45 billion) Natuna gas development in the South China Sea with US-based Exxon Corp, will only retain a 10
    385 words
  • Article
    Lock icon Salomon pays US$100m to three traders despite losses
    210 1 Bloomberg Business News NEW YORK Salomon Brothers Inc is paying three traders a total of almost US$lOO million (SSI47 million), even though the securities firm lost a record US$547 million pre-tax in the first nine months of the year. Salomon, a unit
    Bloomberg Business News  -  210 words
  • Article
    Lock icon Japanese investors pay price of American dream
    386 1 Reuter TOKYO From Rockefeller Plaza to Hollywood, top Japanese firms this week ruefully counted the cost of living the American Dream of easy riches. Analysts have been quick in pinpointing over-optimism as a key reason why some high-pro-file Japanese deals done in the
    Reuter  -  386 words
  • Article
    Non-oil domestic exports surged 40% in October
    435 1  -  By Genevieve Cua SINGAPORE The volume of Singapore's non-oil domestic exports surged nearly 40 per cent in October, partly due to a lower base in October last year when a singledigit growth of 9 per cent was recorded. Most analysts are thus sticking
    435 words
  • Article
    Lock icon Further Fed hike of 150 basis points seen
    122 1 Reuter HONGKONG The US Federal Reserve is likely to raise interest rates by another 150 basis points by the middle of 1995, said Stuart Gulliver, head of treasury and capital markets at HSBC Markets. 9 "We will see further tight- ening." he
    Reuter  -  122 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 36 points
      66 1 Reuter NEW YORK Wall Street stocks remained lower at midday as banking stocks continued to suffer in response to the Federal Reserve's latest interest rate hike. Declines led advancing issues by 13 to seven. The volume traded at II am EST was about 121.07 million
      Reuter  -  66 words
    • Article
      Lock icon Chase to buy US Trust processing unit
      62 1 Bloomberg Business News NEW YORK Chase Manhattan Corp said it would buy the securities processing business of US Trust Corp for U*****.5 million (*****.3 million) in stock, making Chase one of the world's largest providers in processing, the business of charging fees for
      Bloomberg Business News  -  62 words
    • Article
      Lock icon Paris Club fails to agree on debt relief terms
      46 1 Reuter PARIS The Paris Gub of wealthy creditor governments has failed to agree on how to grant more generous debt relief terms for very poor countries, but will meet again in December, Club sources said yesterday. Reuter
      Reuter  -  46 words
  • Article
    MARKET SUMMARY
    165 1 Stock market indices Friday Change STII 2,354.67 -3.30 KLSEComp 1,048.88 -3.60 Nikkei 19,302.56 -34.01 Hang Seng 9,427.44 -90.84 SET Index 1,457.49 -21.77 Jakarta Comp 509.84 -2.62 CLSA China B ....1,103.14 -2.73 Aust All Ord 1,922.0 -0.4 FTSE 100 3,131.0 +3.5 Friday Previous lpm EST close Dow Jones 3,792.05
    165 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      15 1 Airports in Asia: el i, 6,7 I V-V iy How do they measure up? Bus
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      Page 1 Advertisements Column 2
      88 1 Hock Lock Siew: pg 6 Edgar Cheng's wise decision < A AW J 11 J*' "4 !Uf wt /?o/«r Day-Date. Chronometer in 18 ct gold. Bezel and dial set with brilliants. SINGAPORE THE HOUR GLASS Takoshimayo Shopping Centre Tel *****20/1 Lucky Ptaza Tel *****62/543 Scotts Tel *****27/7198 Centrepomt Tel *****98/603
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      Page 1 Advertisements Column 3
      7 1 Asia's business families: els The Malaysian tycoons
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      Page 1 Advertisements Column 4
      55 1 .ri a i.uy :els Book review: el 7 A message 4 CONTENTS News Compamt* S pore News 2 S pore Wsa .6.7 Regional News 3.4 Regional World _J Region World .4.5 Features Maitots Opwons 112 Currencies .9 Reviews H6 Smex/Commo 10.11 Sports ELB Wortl/Regional .12.13 Epicure ILIO CM>/N.SE 14 TV/lifestyle
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  • SINGAPORE NEWS
    • Article
      Singapore group in US$25m Qingdao warehousing project
      500 2  -  By Teh Hooi Ling A WORKING group under the Singapore-Shandong Business Council (SSBC) has identified its first project in China upgrading container transportation and warehousing in Qingdao City. The working group comprises five Singapore logistics companies, led by Asia Pacific Logistics Services Pte
      500 words
    • Article
      Engineering graduates find jobs easily, get paid more: survey
      508 2  -  By Ven Sreenivasan EMPLOYMENT chances are good for graduates with information science honours and engineering degrees, according to a survey of fresh graduates by the National University of Singapore. The 1993 NUS and NTU Graduate Employment Survey found that over 90
      508 words
    • Article, Illustration
      Michael Fam to head panel on PM's, ministers' pay
      475 2  -  By Chuang Peck Ming MICHAEL FAM, Fraser and Neave's executive chairman, will head an independent panel to review the Prime Minister's pay and verify figures used to set salary benchmarks for ministers and top civil servants. The other members are Lim
      475 words
    • Article
      Public sector urged to strive to improve quality of service
      221 2 SINGAPORE'S public sector must work to improve service quality with the same intensity as the service and manufacturing sectors, the Parliamentary Secretary for the Ministry of Information and the Arts, Mohamad Maidin Packer Mohd, said yesterday. Speaking at the launch
      221 words
    • Article
      Forbes names 7 S'pore firms in list of top small companies
      303 2 SEVEN Singapore companies made the Forbes magazine list of 100 best small companies in the world, based on return on equity. They are Amtek Engineering. Clipsal Industries. GP Batteries. Informatics. Rotary Engineering, Singapore Shipbuilding and Engineering and Venture Manufacturing.
      303 words
    • Article
      Government files contempt charges against Lingle and IHT
      347 2 THE government has charged American academic Christopher Lingie. the International Herald Tribune s (IHT) Singapore office and other connected parties for contempt of court. At issue is a statement concerning the Singapore judiciary in an article "The smoke over parts of Asia
      347 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      56 2 SINGAPORE 0 m Business Times WE KNOW ASIA has landed in Myanmar f Dagon Stationery \<l v Arts and Science Book Shop SlggjK Sanyo Departmental Stores Innwa Book Store %ssr For enquiries on subscription and availability, please call our agent: Premier Services Ist floor, No. 10 Bogalay Zay Street Botataung
      56 words
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      Page 2 Advertisements Column 2
      4 2 Phone, Access To T
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      436 2 I WEATHERS; i Singapore Showers over a few areas in the morning and over many areas m the afternoon. (Temperature 24-29). Ma-PacMc M/U* Cm*. Eerepe M/U* Cm*. Buenos Ma 24/13 Cloudy Auckland 20/13 Cloudy Amsterdam 12/07 Cloudy Chicago 12/05 Cloudy Ban#** 34/27 Cloudy Amans 16/11 Raw Honolulu 31/24 Cloudy Be«vig
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  • THE REGION
    • Article, Illustration
      Lock icon Don't blame govt if you can't be millionaires, Dr M tells bumis
      570 3  -  Umno general assembly From Ho Kay Tat in KUALA LUMPUR NOT ALL bumiputras can become millionaires, and those who could not should not be envious or blame their failure on the government, Malaysian Prime Minister Mahathir Mohamad said
      Reuter  -  570 words
    • Article
      Lock icon Mahathir tells Umno members not to imitate Brutus
      245 3 The Straits Times KUALA LUMPUR Umno president Mahathir Mohamad yesterday warned party members against sacrificing justice to advance their political ends. He also said they should not be so keen to condemn others based on innuendoes. Prime Minister Dr Mahathir, who was
      The Straits Times  -  245 words
    • Article
      Problems mar East Asean prospects
      321 3 DAVAO, Philippines Prospects for a nascent development zone linking four Southeast Asian countries are rosy but problems persist and must be tackled forcefully for the group to succeed, officials said yesterday. More than US$llB million (S$ 173.46 million) in deals has already been signed for
      321 words
    • Article
      Billions separate rich and poor Thai ministers
      344 3  -  From Loh Hui Yin in BANGKOK A YAWNING gap exists between the richest and poorest Palang Dharma Party (PPD) ministers in the Thai Cabinet. The distinction of being the wealthiest minister goes to telecommunications tycoon Thaksin Shinawatra while his leader, Chamlong Srimuang, who
      344 words
    • Article
      Lock icon Chinese economist assails crackdown on state-asset sales
      364 3 AFP BEIJING A senior Chinese eeonomist has criticised the government's full-scale offensive against the sale of state assets, warning that it would starve the ailing state sector of badly needed foreign funds. In a blunt speech to an economic symposium on Thursday, the
      AFP  -  364 words
    • NOTEBOOK
      • Article
        Lock icon Pressure on Lanka welfare spending
        79 3 Reuter COLOMBO Global lending agencies and donor nations are expected to pressure Sri Lanka before its annual budget by asking l to control welfare spending to balance a widening deficit, officials said yesterday. Officials from the World Bank, the International Monetary Fund (IMF) and the
        Reuter  -  79 words
      • Article
        Lock icon Samsung faces industrial espionage suit
        112 3 AFP SEOUL South Korea's state-owned Korea Heavy Industries and Construction Co has filed an industrial espionage complaint against a subsidiary of the giant Samsung conglomerate. The complaint, filed on Thursday, accused four members of a Samsung Heavv Industries design team of trespassing and taking photographs
        AFP  -  112 words
      • Article
        Lock icon Indonesian media case takes new turn
        97 3 AFP JAKARTA Lawyers for Indonesian Information Minister Harmoko. who is being sued after banning three weeklies here in June, yesterday asked the court to dismiss the journalists' suit on a fine legal technicality. The case is important because it will test whether the judiciary
        AFP  -  97 words
      • Article
        Lock icon Siemens to invest more in M'sia
        74 3 Bernama MALACCA Siemens Components (Advanced Technology) Sdn Bhd of Germany, which has so far invested MS4BS million (*****.9 million) in the state, plans to pour in more money as new and highly innovative components are added to its range of products. Its managing director.
        Bernama  -  74 words
    • Article
      Lock icon Labour shortage threatens growth in M'sia: Perc
      311 3 Reuter KUALA LUMPUR Malaysia's current labour shortage will seriously affect the country's competitiveness and prove a real threat to economic growth in 1995, the Political and Economic Risk Consultancy (Perc) said in its latest report. The Hongkong-based think tank blamed the labour shortage
      Reuter  -  311 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      185 3 tiUfc. If I Wanted Just Any Recorder^ I'd Have Gotten A Parrot II Olvmpus L-series otter* vou a lot more than |im straight recording plav hack ahilitv. Ir\ unrivalled portahilit\ to beein with. I from a compact Logins to an ultra-compact.ultra-elegant )(Mnh. I lien P consider these liandv (unctions: Cue
      185 words
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  • REGION/WORLD
    • Article
      Lock icon US trade deficit jumps 4.6% as exports fall
      547 4 Bloomberg Business News AP WASHINGTON The US trade deficit in goods and services widened 4.6 per cent in September to US$lO.l2 billion (5514.8 billion) as imports continued to climb while American exports unexpectedly weakened. High-tech equipment imports set a record, as did
      Bloomberg Business News; AP  -  547 words
    • Article
      Lock icon American high-tech firms ready to swarm India: US senator
      375 4 Reuter NEW DELHI A powerful team of high-technology companies from Massachusetts in the United States is ready to make huge investments in India, a US senator leading a business team here said yesterday. "We are ready to be unlimited," John Kerry
      Reuter  -  375 words
    • Article
      Lock icon Hongkong to offer 10 new wireless phone licences to cut prices
      306 4 Bloomberg Business News HONGKONG The Hongkorvg government will offer 10 new mobile and cordless phone licences, forecasting new technology will cut prices and unleash huge latent demand. The Office of Telecommunications Authority said it will offer six licences to
      Bloomberg Business News  -  306 words
    • Article, Illustration
      Lock icon Not strictly on official agenda
      54 4 Reuter HANOI Canadian Prime Minister Jean Chretien kicking a soccer ball as an aide and a boy look on in an impromptu bit of fun as he passed by Vietnamese boys playing in a park in central Hanoi yesterday. Mr Chretien ended his three-day visit
      Reuter  -  54 words
    • Article
      Lock icon Gatt bill three to five votes short in Senate: Panetta
      457 4 AFP Reuter WASHINGTON The administration is three to five votes short of the majority needed in the Senate to ratify the Gatt agreement. White House chief of staff Leon Panetta said on Thursday. "We have somewhere between three to five
      AFP; Reuter  -  457 words
    • Article
      Lock icon Nafta has robbed US of jobs, say opponents
      142 4 AP WASHINGTON The North American Free Trade Agreement has failed to live up to its promise of more US jobs and increased exports to Mexico, critics charged on Thursday on the one-year anniversary of House passage of the pact. "Nafta is but
      AP  -  142 words
    • Article, Illustration
      A country oozing with new-found confidence
      1231 4  -  PM Goh's visit to New Zealand Reports Alvin Tay in AUCKLAND THERE is an unmistakable air of confidence among businessmen and government officials in New Zealand concerning its economy today compared with July 1991 when I was last in this country on a working
      1,231 words
    • Article, Illustration
      New thinking shifts orientation from Europe to Asia
      490 4 NEW ZEALAND may have derived its history from Europe. But its citizens have been told by their government in no uncertain terms that their future lies in Asia. Don McKinnon, New Zealand's Minister of Foreign Affairs and Trade, told BT in an
      490 words
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  • THE WORLD
    • Article
      Lock icon EU telecom decision seen as landmark for industry
      507 5 Reuter BRUSSELS The European Union's decision to abolish all telecommunications monopolies in 1998 is the signal that the industry has been waiting for and could unleash a Hood of new investment in the sector, analysts said. The landmark deal should improve chances
      Reuter  -  507 words
    • Article
      Lock icon Inflation rate will fall further, says Bundesbank economist
      229 5 Bloomberg Business News KLOSTER EBERBACH, Germany Otmar Issing, the Bundesbank's chief economist, said the western German inflation rate would fall further after dropping to a three-and-a-half-year low last month. Mr Issing, a voting member of the Bundesbank's 16-man policy-setting council, said the
      Bloomberg Business News  -  229 words
    • Article, Illustration
      Lock icon Pricey playthings
      65 5 AFP LONDON Three-year-old Luke Jeffrey Green clinging on to a pair of antique teddy bears outside Sotheby's auction rooms on Thursday. Emil (left) is about 85 years old and Kristopher was made between 1912 and 1917. The bears made by Steiff of Germany are expected to fetch more
      AFP  -  65 words
    • Article
      Lock icon Britain's 3rd qtr GDP grows 0.9% on strong exports
      470 5 Bloomberg Business News LONDON The second estimate of British eeonomie growth in the third quarter showed gross domestic product climbed 0.9 per cent from the previous quarter, the Central Statistical Office said yesterday. Exports paced the advance, adding 0.4 per cent
      Bloomberg Business News  -  470 words
    • WORLDWATCH
      • Article
        Lock icon 'No' vote leads in Norway EU polls
        121 5 Reuter OSLO Fresh opinion polls on Norwegian membership of the European Union show mixed changes from Thursday, but the "No" side still has a clear lead. Norway will hold an EU referendum on Nov 28. A poll by the MMI institute, commissioned by
        Reuter  -  121 words
      • Article
        Lock icon US hails Ukraine decision on NPT
        76 5 AFP HONOLULU The White House welcomed on Thursday Ukraine's decision to join the Nuclear Non-Proliferation Treaty and hailed a new era of cooperation with the former Soviet republic. "The United States is firmly committed to the development of an independent, democratic and prosperous Ukraine
        AFP  -  76 words
      • Article
        Lock icon UN warns of Nato strikes in Bosnia
        80 5 AFP NEW YORK The UN Security Council warned on Thursday of possible Nato air strikes to protect UN peacekeepers if they come under attack in the escalating fighting in Bosnia. US ambassador Madeleine Albright, who holds the rotating council presidency, also called for
        AFP  -  80 words
      • Article
        Lock icon Yeltsin, Aliyev in talks
        80 5 AFP MOSCOW President Boris Yeltsin and Azeri President Geidar Aliyev met at the Kremlin on Thursday for talks on the highstakes struggle over giant Caspian Sea oil reserves and the fragile truce in Nagorno-Karabakh. Exploitation of the rich Caspian oilfields and securing a settlement in Nagorno-Karabakh,
        AFP  -  80 words
      • Article
        Lock icon Israeli right ahead in opinion polls
        87 5 AFP JERUSALEM Israel's right-wing opposition would win elections if they were held today, according to an opinion poll published yesterday. The Yediol Aharonot newspaper found that the Likud party would win 41 seats in the 120-member house compared with the 32 seats it now
        AFP  -  87 words
    • Article
      Lock icon Soul-searching in supercomputer industry
      542 5 Reuter WASHINGTON The recent shakeout among the makers of the world's most powerful computers is expected to continue to blight the supercomputer industry, but there are some bright spots, even amid the demise of two firms. Executives at the industry's annual gathering here Supcrcomputing '94 said
      Reuter  -  542 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1753 5 qty nw ET* nw aty n» ETA nm etd^ Abu Dhabi GA976 0010 Him SJIi? 0100 Dvb §0fi 7 **79 0015 EK7 1650 J™ ll£ ?g SS g£ FSSSS w 77— LH778 1615 SQ26 2355 jgj j™ g»» 1825 1840 fg 3S 2S 1850 SQ989 720
      1,753 words
    • Article
      Lock icon World energy agency appoints Briton as new head
      434 5 Reuter PARIS The International Energy Agency (lEA) has named Briton Robert Priddle as its new head to replace Germany's Helga Steeg. Mr Priddle, 56, was the front-runner for the job at the Paris-based institute but his appointment was held up because member
      Reuter  -  434 words
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  • COMPANIES & MARKETS
    • Article
      DBS Bank eyes Philippine investment house: brokers
      377 6  -  From Al Labita in MANILA DBS Bank is scouting for an investment house it can acquire to expand its presence in the Philippines, brokers told BT yesterday. Among those the bank had approached for a possible deal was Investment Capital Corp of the
      377 words
    • Article, Illustration
      Tanker joint venture in the pipeline
      382 6  -  Hai Hup Sun and Mitsui may collaborate on regional chemical transport By Ramesh Divyanathan SINGAPORE A second tanker joint-venture between Singapore-listed Hai Sun Hup and Japanese shipping giant Mitsui OSK Lines is in the pipeline. Mitsui managing director K Suzuki said yesterday the venture
      382 words
    • Article
      Wise move for new HKSE chairman to resign from Wing Tai
      782 6  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE What a tremendous benefit it is for Wing Tai to be losing its chairman at the upcoming annual general meeting. Edgar Cheng Wai-kin, a cancer specialist by training, a director of
      782 words
    • Article
      Salim's KMP Group buys 8% stake in bread maker QAF
      326 6  -  By Amy Balan SINGAPORE The KMP Group, a unit of the Indonesian giant Salim group, has acquired just over 8 per cent of bread maker QAF Ltd two months after it sold off its entire stake in InnoPacific Holdings Ltd.
      326 words
    • Article
      Vickers spreads to M'sia
      150 6 SINGAPORE Local stockbroker Vickcrs Ballas Holdings is expanding into Malaysia with a 30 per cent acquisition of Seremban Securities from Malpac Holdings. Vickers said an agreement was signed yesterday to purchase 15 million Seremban shares from Malpac for MS27 million (S$ 15.47 million). Seremban is a
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    • EYE on your STOCKS
      • Article
        MARKET MOOD
        19 6 For next week's expected market sentiment, see BT Sentiment Index on EL4 (Personal Finance A Investment section)
        19 words
      • Article, Illustration
        HOT STOCK
        116 6  -  Bv Paul Leo Rotary Engineering closed at 87 cents yesterday, just about a third of its all-time high of $2.56 reached in early January. The closing price is also below its issue price of $1 in July last year. Technical factors indicate that the worst may be over
        116 words
    • COMPANIES
      • Article
        ABN-Amro buys HG Asia stake from Smith Barney
        391 7  -  By Shiv Taneja SINGAPORE Dutch bank ABN-Amro has bought US investment bank Smith Barney's 20 per cent stake in broker HG Asia for an undisclosed amount and will consider buying a majority stake in the firm. The acquisition comes as little surprise
        391 words
      • Article, Illustration
        DBS Land wins $30m Cambodian deal
        301 7  -  Grand Hotel restoration project given to S'pore firm after re-tender By Abdul Hadhi SINGAPORE DBS Land has clinched a $30 million deal to restore and refurbish the Grand Hotel in Cambodia its second such deal in the Indochinese country in as many months. Reports
        301 words
      • Article
        New vessel raises SPC's bunker tanker fleet to six
        171 7 SINGAPORE Singapore Petroleum Corp has chartered a newly built bunkering tanker, increasing its bunker tanker fleet to six. The SPC Virgo, christened yesterday at a ceremony on Sentosa, has a capacity of 4.500 tons and a service speed of 11 knots.
        171 words
      • Article
        UNIT TRUSTS & FUNDS
        571 7 UNIT TRUSTS FUNDS M*ugerV pric«s Nov 19 21 Mendaki Gr Fund 1.16 1.19 SjMMora Unit Trust us Gr Fund o.% i ooxd** The Commerce 1.68 1.78 UOB Asset Mgt Ltd The Savings Fund 1.65 1.75 Umfund 152 159 S"porc Prog Fund 0.64 0.68 Umbond t- I 045 I 07 S"porc
        571 words
      • Article
        Times Publishing's net profit surges 40% to $29m
        320 7  -  By Paul Leo SINGAPORE Times Publishing announced yesterday that its net earnings jumped 40.2 per cent to 529.45 million for the year ended Aug 31, 1994. Turnover rose 10.3 per cent to $475.37 million while operating profit jumped 33 per cent to
        320 words
      • Article
        Lock icon Hicom unit in power engineering venture with Indian firm
        287 7 Bernama KUALA LUMPUR Hicom Technical and Engineering Sdn Bhd (Hitech), a subsidiary of Hicom Bhd, has set up a jointventure with Southern Petrochemical Industries Corporation Ltd of India (SPIC) to handle businesses relating to power engineering services. Hicom chairman Jamil Mohd
        Bernama  -  287 words
      • Article
        Lock icon Uniphoenix's Indian venture listed in Bombay, Cochin
        333 7 NST KUALA LUMPUR Uniphoenix Corporation Bhd announced yesterday that its In-dia-based joint-venture company Rubflla International Ltd had been successfully listed on the Bombay and Cochin stock exchanges. Listing of Rubflla International on three other Indian bourses in Delhi, Madras and Ahmadabad was expected
        NST  -  333 words
      • Article
        Lock icon Berjaya plans lottery venture in Indian state
        137 7 Bernama NEW DELHI Malaysian conglomerate Berjaya Group Bhd has proposed a joint venture with the State Industrial Corporation of Maharashtra (Sicom) to set up automatic lottery outlets, an Indian financial daily reported yesterday. The Business Line newspaper said that under the proposal, Berjaya
        Bernama  -  137 words
      • Article
        CMB Asia's OHQ status expected to spur regional expansion
        258 7 SINGAPORE Can-maker Carnaud Metal Box Asia was yesterday awarded operational headquarters status under which it will enjoy concessionary tax rates. The incentives under the OHQ scheme are expected to help the group in its regional expansion. CMB Asia in Singapore will
        258 words
      • Article
        Intraco and Informatics in Vietnam venture
        187 7 SINGAPORE Intraco and Informatics Holdings have formed a joint venture to set up computer training centres in Vietnam. Intraco has a 70 per cent stake in Intraco-Informatics, which is based in Singapore. The joint venture has authorised capital of $3 million and paid-up capital
        187 words
      • COMPANYBRIEFS
        • Article
          Orchard Parade Land wins tender
          56 7 SINGAPORE Orchard Parade announced yesterday that its subsidiary Orchard Parade Land has successfully tendered for a piece of land at Riverside Village for $71.7 million (excluding GST). The 99-year-old leasehold land from URA is for residential/commercial development. The acquisition will be funded by the group's
          56 words
        • Article
          SCS clinches deal with Hainan firm
          65 7 SINGAPORE Singapore Computer Systems (SCS) has clinched a USS2.IS-million (553.2 million) contract with Hainan International Financial Network Co to supply and install a computerised payment system in China's Hainan province. SCS will work with Hainan International to develop and implement the system next year.
          65 words
        • Article
          Lock icon Telecom to jointly bid for Indon job
          65 7 AFP SINGAPORE Singapore Telecom is to form a consortium with PT Bukaka Teknik Utama Indonesia to further tap the lucrative telecommunications market in Indonesia, officials said yesterday. Under the agreement, Bukaka Teknik Utama and Singapore Telecom International (STI), the Singapore Telecom Group's international
          AFP  -  65 words
        • Article
          L C Dev seeks approval for issue
          84 7 SINGAPORE LC Development announced yesterday that it will hold an extraordinary general meeting on Dec 5 to seek shareholders' approval for its proposed issue of 10 rights shares, with three warrants, for every 10 ordinary shares held. It will issue between 63.2 million
          84 words
        • Article
          Lock icon Ekran to develop Philippine resort
          62 7 Reuter DAVAO. Philippines Malaysia's Ekran Bhd will spend at least USSIOO million (SSI47 million) to develop a tourism project which will include a hotel and golf course on Samal island in the southern Philippines. Ekran executive chairman Ting Pek Khing said yesterday the project would
          Reuter  -  62 words
        • Article
          Lock icon Japanese corporate results
          165 7 Reuter Honda Motor Co Honda's group net profit for the six months to Sep 30 rose 307.8 per cent, or more than four-fold, to 38.04 billion yen (SSS7O million). The company predicted that net profit at the group level, which includes all the company's operations, would expand
          Reuter  -  165 words
      • COMPANYBRIEFS
        • Article
          Lock icon Dell Computer profits triple
          75 8 Bloomberg Business News AUSTIN, Texas Dell Computer Corp said its profits tripled on a 17 per cent increase in sales, although its stock fell as much as 5.6 per cent as investors sold on fears of slimmer profit margins in the future. It reported net income
          Bloomberg Business News  -  75 words
        • Article
          Lock icon Woolworth turns around
          65 8 Bloomberg Business News NEW YORK Woolworth Corp posted a profit for the third quarter, breaking a string of four unprofitable quarters. Woolworth said its net income for the quarter ended Oct 29 was US$37 million, or 28 US cents a share, compared with a loss from operations
          Bloomberg Business News  -  65 words
        • Article
          Lock icon Campbell Soup 1st qtr earnings up
          92 8 Bloomberg Business News CAMDEN, New Jersey Campbell Soup Co said fiscal first quarter earnings rose 19 per cent as worldwide sales of its trademark soup rose more than 5 per cent. The maker of soups, baked goods and chocolate also said it increased its
          Bloomberg Business News  -  92 words
        • Article
          Lock icon Wal-Mart 3rd qtr profits up 13%
          76 8 Bloomberg Business News BENTONVILLE, Arkansas Wal-Mart Stores Inc said fiscal third quarter earnings rose 13 per cent, less than its historical growth rate, as it spent heavily to convert some acquired store chains to the Wal-Mart format. It said net income for the quarter
          Bloomberg Business News  -  76 words
        • Article
          Lock icon Samsung 1994 exports pass US$10b
          57 8 Reuter SEOUL Samsung Corp, the trading unit of the Samsung Group, said it had become the first South Korean firm to pass US$lO billion in annual exports. A company spokesman said exports for the whole year were likely to reach US$ll.B billion, 21.8 per cent
          Reuter  -  57 words
        • Article
          Lock icon BAe boosts offer for submarine maker
          61 8 Bloomberg Business News LONDON British Aerospace pic boosted its offer for UK submarine maker VSEL pic to 3.3 BAe shares for each VSEL share, valuing the total bid at £573 million (S$ 1.32 billion). To fund the revised offer, the company is to make
          Bloomberg Business News  -  61 words
        • Article
          Lock icon Burns Philp interim profits down
          56 8 Bloomberg Business News SYDNEY Australian food ingredients group Burns Philp Co said higher interest rates and a higher Australian dollar contributed to a 27 per cent decline in the group's profit in the three months ended Sep 30. It said profit dropped to A 513.5
          Bloomberg Business News  -  56 words
        • Article
          Lock icon China Everbright trading suspended
          34 8 Bloomberg Business News HONGKONG Shares in Chinese government-controlled investment company China Everbright International were suspended from trading at its request on the Hongkong exchange pending an announcement. Bloomberg Business News
          Bloomberg Business News  -  34 words
      • Article
        Lock icon Goodman Fielder expects fall in first-half profit
        320 8 Bloomberg Business News SYDNEY Food group Goodman Fielder Ltd's profit outlook for the first half ending Dec 30 is "far from encouraging," chairman John Studdy said yesterday. Mr Studdy told shareholders at the annual general meeting that a margarine price war in Australia
        Bloomberg Business News  -  320 words
      • Article
        Lock icon Hilton stocks up as company weighs selling
        168 8 NYT NEW YORK The stock of Hilton Hotels Corp jumped on Thursday, breaking a long period of stagnation, after the company said it was considering selling itself or spinning off one or more of its businesses. In a statement, the hotel and casino
        NYT  -  168 words
      • Article
        Lock icon Macy plans to phase out Magnin chain
        282 8 Los Angeles Times NEW YORK R H Macy Co was to announce plans yesterday to phase out the 118-year-old I Magnin chain by putting eight of the 12 Magnin stores up for sale and establishing different specialty stores at the remaining sites. Magnin
        Los Angeles Times  -  282 words
      • Article, Illustration
        Lock icon Hewlett-Packard posts 60% leap in 4th qtr
        244 8 Bloomberg Business News PALO ALTO, California Hewlett-Packard Co said fourth-quarter net income rose 60 per cent on robust sales, beating analysts' estimates again and sending the company's shares to an all-time high. Net income for the No 2 US computer maker rose to
        Bloomberg Business News  -  244 words
      • Article
        Lock icon Cable TV giant Tele-Communications Inc to split into 4 listed companies
        261 8 Bloomberg Business News ENGLEWOOD, Colorado Tele-Communications Inc is proposing to split into four publicly traded companies in a move to boost the stock market value of its sprawling cable television assets. The plan calls for TCI to split into
        Bloomberg Business News  -  261 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        517 8 Vmri Voy H» Berth fcriwj Dtpartoe Vessel Voy No Berth Arrival Departure terMg Port Grf Oaoud 14/94 P04 19II 0800 21 11/0600 Batn Panam 38 JU alongs* 19.11/1800 HongSoon ***** P03 19.11/1830 2011/0600 Batam Baftagia 11/04/94 II atone* 1911/2300 Man 2 215/94 P01 1811/1900 1911/0600 Ens Dana,
        517 words
      • Article
        CONTAINER SCHEDULES
        1488 8 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Boofcint/Baiance Rslts Ship Voy No Etb/Btr Period From To From 213* 20/0500 IB 18/1500 18/1659 18/1900 3 19/0/00 19/1159 19/1400 4 19/1200 19/1459 19/1W0 to I*t 056A 19/1600 1A 18/1500 18/1659
        1,488 words
    • FINANCE & COMMODITIES
      • Article
        HK prime rate up three-quarters of a point
        449 9  -  From Lim Soon Neo in HONGKONG MAJOR local banks raised their prime rate yesterday, after the three-quarter point increase in interest rates by the US Federal Reserve on Tuesday. Hongkongßank, Standard Chartered, Hang Seng Bank and the Bank of China raise their
        449 words
      • Article
        Hongkong pair open a trading floor that floors most others
        279 9  -  From Lim Soon Neo in HONGKONG THE Hongkong and Shanghai Banking Corp and the Wardley Group yesterday unveiled their new HKS6O million (S$ 11.54 million) trading floor the largest in the Asia-Pacific region outside Japan. The floor, in the Hongkongßank
        279 words
      • Article, Illustration
        Thai electrical wire maker in US$15m note issue
        297 9  -  By Paul Leo SINGAPORE Electrical wire maker Bangkok Cable Company borrowed US$l5 million (Ss22 million) yesterday its first fund-raising exercise in the offshore capital market. The three-year floating rate note issue, arranged by Standard Chartered Merchant Bank Asia, pays interest one per
        297 words
      • Article
        Lock icon Swiss Bank to beef up Asian operations
        165 9 AFP SINGAPORE Swiss Bank Corp is to beef up its Asian treasury and private banking centres to keep pace with growing business activity fuelled by regional economic growth, a senior bank official said yesterday. "We are strengthening our spot, corporate and derivatives desks
        AFP  -  165 words
      • Article
        China banks to issue on-line debit cards
        238 9  -  By Shiv Taneja SINGAPORE The Bank of China and the People's Construction Bank of China will be the first financial institutions in China to issue on-line debit cards early next year. Card vendor MasterCard International said yesterday that travellers from Singapore would gain
        238 words
      • SMALLCHANGE
        • Article
          Lock icon Chinese firm to fight lawsuit
          80 9 Bloomberg Business News HONGKONG China International United Petroleum Chemicals Co Ltd (Unipec) says it will fight charges that it owes Lehman Brothers Inc USS44 million (5564.6 million) for foreign exchange trading losses. In a statement yesterday, the leading oil trader said "certain parties in Hongkong",
          Bloomberg Business News  -  80 words
        • Article
          Lock icon Wheelock Natwest delays opening
          60 9 Reuter HONGKONG Wheelock Natwest Ltd, a new brokerage joint venture between Wheelock and Co Ltd and National Westminster Bank pic, has delayed its opening until early next year, said joint deputy chairman Nicholas Sibley yesterday. The brokerage was due to open in the fourth quarter of
          Reuter  -  60 words
        • Article
          Lock icon Saha-Union increases loan facility
          95 9 Reuter HONGKONG Thailand's Saha-Union Public Co Ltd increased its five-year term loan facility to US$llO million (S$ 161.7 million) from US$BO million following oversubscription during syndication, arranger Societe Generate Asia Ltd said on Thursday. The facility comprises two tranches: a withholding tax absorption tranche of US$45
          Reuter  -  95 words
        • Article
          Lock icon Goldman Sachs opens Shanghai office
          34 9 Reuter HONGKONG US investment bank Goldman Sachs said yesterday it opened an office in Shanghai, its second in China. The firm opened an office in Beijing in February. Reuter
          Reuter  -  34 words
      • Article
        Lock icon Australian firms set to expand access to global capital markets
        465 10 KnightRidder BRISBANE Australian corporates, armed with derivative tools, are set to expand their access to global capital markets, the chief financial officer of the nation's biggest company said on Thursday. BHP Co Ltd's executive general manager of finance, Geoff Heeley,
        Knight- Ridder  -  465 words
      • Article, Illustration
        US$ strengthens against most units
        423 10 DBS Bank weekly currency review US$/mark: break of 1.5610 to confirm longer term bulls The greenback climbed to a high of 1.5590 on Wednesday. It then corrected briefly to 1.5447 on Thursday before buying returned to bring it to 1.5540 yesterday morning. Although the daily
        423 words
      • Article
        Lock icon Lehman case puts focus on China business practices
        325 10 Reuter SINGAPORE A move by Wall Street investment banker Lehman Brothers to take China oil kingpin Unipec to court could set a precedent for some oil trading firms suffering in silence from unpredictable Chinese business practices, industry sources said. "It's a problem
        Reuter  -  325 words
      • Article
        Lock icon No let up in Asian demand for base metals
        435 10 Reuter KUALA LUMPUR Recent rallies by copper, aluminium and lead in Western markets have failed to dampen Asian user demand for these base metals in the physical market, regional traders and analysts said. "Nobody's looking at premiums at these high levels.
        Reuter  -  435 words
      • Article
        Lock icon China may curb runaway metals prices: minister
        144 10 Reuter SHANGHAI A Chinese minister said some base metals futures had risen too sharply since Oct 19 and warned of a possible government intervention "if serious situations occur", according to a document obtained by Reuters. "Copper and aluminium prices rose too sharply from
        Reuter  -  144 words
      • Article
        Lock icon High prices expected to depress Malaysian palm oil exports
        353 10 Reuter KUALA LUMPUR High global palm oil prices will depress Malaysia's exports of the commodity, keep buyers away and lead to a build-up of stocks by the end of the year, commodity traders say. "Consumers will buy as and when it
        Reuter  -  353 words
      • Article
        Oil to rise if Opec can limit output
        321 10 Bloomberg ENERGY REPORT BALI, Indonesia Slumping crude oil prices should get a boost next week if Opec oil ministers decide not to change output levels at their meeting beginning on Monday. By keeping its output steady, giving traders confidence that it won't
        321 words
      • Article
        Lock icon Currency Reports: London
        212 10 Reuter LONDON The dollar failed in an early European test of resistance around 1.5600 marks after rallying overnight on futures buying late in Chicago. "There's talk of stop losses around 1.5620 so if the dollar gets there it could trigger a quick move to around 1.5650/70," said
        Reuter  -  212 words
      • Article
        Lock icon New York
        92 10 AFP NEW YORK The dollar was mixed in quiet trading here yesterday, with news of a rise in the US trade deficit having little impact on the US currency. Gold fell 30 cents from Thursday's closing price to U*****.90 an ounce. At 1430 GMT, the dollar was trading
        AFP  -  92 words
      • Article, Illustration
        Untitled
        1593 10 I raJe etghled index t-ak ukunl against S'pure'\ lop 14 Irading partners Bo* vear I9SS USS/SS forward rates Noon Nov 18 s$ Bid OOct 1-month 1.4711 1.4721 2-monlh 1.4701 1.4716 J-month ***** 1 4706 6-monlh ***** 1.467* Saunr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am an Na*
        1,593 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars, Euroyen close firmer
        1338 11 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars and Euroyen futures were slightly firmer at the close yesterday. "It looks like US funds just want to liquidate their positions. They have also been selling their bond holdings," said a dealer. However, there was buying at around 92.75 in
        Reuter  -  1,338 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          EU reimposes duty on rubber boots
          106 11 BRUSSELS The European Union has reimposed customs duties on imports of rubber boots from Thailand and Indonesia after they breached their preferential tariff quotas, according to rulings published in the EU's official journal yesterday. Under the Union's Generalised System of Preferences for advanced developing
          106 words
        • Article
          Cocoa growers meet to plan output
          55 11 LONDON The implementation of a production management plan is likely to be the key focus of the Dec 14-16 meeting of the International Cocoa Organisation. The draft agenda for the meeting, released on Thursday, sets out an otherwise routine itinerary ol administrative and financial
          55 words
        • Article
          Analyst predicts higher copper deficit
          68 11 LONDON The Western world refined copper market will be in deficit bv 95.000 tonnes in the fourth quarter of 1994. compared with a 20.000tonne surplus in the third quarter, according to Peter Hollands, analyst at Bloomsburv Minerals Economics Ltd. writing in the November issue of
          68 words
        • Article
          China's tin output to remain steady
          93 11 BEIJING Tin production in China is expected to remain at current levels of around 50.000 tonnes this year and in 1995, then begin to gradually decline, according to an official with China's largest tin smelter. The agreement by China to limit its exports of
          93 words
      • Article
        Palm oil higher on Chicago gains
        684 11 COMMODITY REPORTS Palm Oil CRUDE palm oil surged further to a new nine-year high on further speculative buying interest. Dealers said sentiment was boosted by good fundamentals and a higher Chicago soyoil futures market overnight. Traders said market talk that production in the first-half
        684 words
    • Article
      COMMODITY PRICES
      1449 11 nuvucr Singapore Commodity Exchange (futures dosing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Set! (tonnes) Interest Dec 94 198.25 198.00 199.00 400 500 Jan 95 197.25 196.50 198.00 1050 2150 Feb 95 195.75 195.75 195.00 950 4100 Mar 194.25 194.25 193.50
      1,449 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1092 12 -0.4 SHARES closed marginally lower yesterday as bargain hunters picked up cheap stocks, offsetting the downward pressure of weaker overseas bourses. The key All Ordinaries Index ended at 1.922.0 points, down 0.4. The All Industrials Index climbed 9.7 to 2.765.2, while the All Resources Index shed 9.0 to 1,293.1.
        1,092 words
      • Article
        Manila
        630 12 +8.76 Bargain-hunting in blue chips and property issues pushed share prices marginally higher yesterday. The PSE Index rose 8.76 points to close at 2,912.86 points. Turnover was 2.21 billion shares valued at 1.43 billion pesos. An analyst said buying in selected key issues, along with positioning in "currently attractive
        630 words
      • Article
        New Zealand
        361 12 +4.65 Shares closed slightly higher, shrugging off a lacklustre performance by Wall Street overnight and a weaker open. "Pure and simple supply and demand in individual stocks was the order of the day." said a dealer. The NZSE-40 Capital Index closed 4.65 points higher at 2.052.86. Among the
        361 words
      • Article
        Taipei
        597 12 Stocks staged a modest comeback on bargain hunting, propelled by good performances of low-cost textiles and pulp and paper shares, dealers said. The 393-issue Weighted Price Index recovered 52.83 points to settle at 6.350.71. Turnover was 565 million shares worth NTS2O.S billion. Rises overwhelmed falls 231 to 59, with
        597 words
      • Article
        Seoul
        465 12 -2.19 Share prices retreated yesterday amid an absence of leading issues during what brokers called a directionless trading day. The Composite Price Index staged a 2.19-point setback to close at 1,118.44, with 48.7 million shares worth 1.09 trillion won changing hands. Rises outnumbered falls 475 to 383, with 120
        465 words
    • WORLD STOCK MARKETS
      • Article
        London
        608 12 +3.5 STOCKS were mixed as stronger-than-expected economic growth revived concern that British interest rates will be raised soon to prevent inflation. The UK economy expanded 0.9 per cent in the third quarter of the year, giving growth of 4.2 per cent during the past year. Some analysts say that
        608 words
      • Article
        Paris
        136 12 -1.03 French stocks were mixed after news of a narrowing US trade deficit with Japan shored up the dollar and US bonds, which set the pace for markets worldwide. "We just watch the US markets for direction these days," said a trader. "It's stronger than anything we've got going
        136 words
      • Article
        Frankfurt
        142 12 -5.91 German shares fell in thin trading after yesterday's DTB expiry and US economic data failed to give the market a boost. The market could be due for another correction and further losses next week, traders said. The DAX Index closed at 2,086.03, down 5.91 points. Frankfurt \o» 15
        142 words
      • Article
        Brussels
        125 12 +2.19 Belgian shares were mixed to hrmer at the close, underpinned by a firmer dollar against the franc but held back by higher bond yields. Volume was boosted by Bel-20 basket trading, mostly on the buy side, related to the expiry yesterday of November futures and options on the
        125 words
      • Article
        Milan
        165 12 127 Italian stocks surged on hopes the government and unions will agree a compromise on the 1995 budget that will avert the threat of abour strikes. The Mibtel Index rose for the first time in four days, gaining r 127 points to 10,3367 Stocks were lifted by news on
        165 words
      • Article
        Amsterdam
        286 12 -1.44 Dutch stocks closed mixed as concern about rising interest rates offset a stronger dollar, which often boosts shares in companies with significant US earnings. Such companies were among the main decliners. however, as the EOE Index of 25 major stocks fell 1.44 points to 409.85, led lower by
        286 words
      • Article
        Stockholm
        167 12 +3.73 Swedish shares closed mixed as earnings from SCA AB failed to inspire investors, paring gains after US stocks and bonds declined in early trading. "Most results out today were as expected, perhaps a bit better, but not enough to turn heads," said a trader. "The market came down
        167 words
      • Article
        Zurich
        251 12 +5.6 Swiss shares ended slightly firmer after a day of quiet trading. The market had shown good resistance, helped by a firmer dollar. Dealers said there was some mild pressure on the market stemming from in-dex-futures trade, but yes- terday's expiry of November Soffex contracts did not lead to
        251 words
      • Article
        Johannesburg
        303 12 19.8 Industrial and financial shares posted gains as gold and mining-related stocks came under pressure on bullion losses, dealers said. They said a steady undertone continued to support industrials ahead of the weekend and despite Wall Street losses. The Overall Index finished 5.3 points down at 5.936.3, the Industrial
        303 words
      • Article
        Toronto
        260 12 -11.98 Stocks opened lower, pressured by weaker North American bonds and tumbling gold prices. "There's a lot of nervousness still in the bond market," one trader said. He said the markets continue to reel from the effects of Tuesday's 75 basis point rise in US interest rates and the
        260 words
      • Article
        New York
        725 12 -9.42 The Dow Jones Industrial Average, which retreated 17.15 points on Thursday, was down 9.42 to 3,818.63 at 1 lam EST. The key barometer was down 11.78 shortly after the market opened. The NYSE Composite Index was off 0.37 to 253.12, while Standard Poor's 500-stock Index was down
        725 words
      • Article
        Untitled
        738 12 Britannia Funds Sterling Cash Bid Offer Mim jp fX-pttNii ]0 6400 3K 6500 Mim Jcrvr\ (iitl 0 Ut) 0 1442 Mini Mat Income ***** (I 44(10 l'S$ ash Income Ptu\ I und 4 5 J00 111 (MOO PS Rome 1 und 5 JJOO 5 1400 Sterling Kquit) Euro Performance 0-4512
        738 words
    • Article, Illustration
      Lock icon HONGKONG
      2928 13 Bloomberg Business News HONGKONG Stocks fell ahead of a meeting yesterday afternoon at which banks here are expected to raise interest rates by around 75 basis points. Higher interest rates will hurt the outlook for the colony's real estate companies, especially those relying on selling apartments or leasing retail
      Bloomberg Business News; Source: Bridge Info  -  2,928 words
    • Article, Illustration
      Lock icon CHINA
      618 13 CLSA H SHARES dropped 1.4 per cent yesterday on turnover of HKSI 15.9 million. Hai Xing Shipping continued to be heavily traded, falling 2.3 cents on turnover of HKSSI.I million. Shanghai Petrochemical was the worst performer, down 2.9 per cent on turnover of HKS9.9 million. The Shanghai B market
      CLSA  -  618 words
    • Article, Illustration
      Lock icon TOKYO
      2494 13 Reuter TOKYO Stocks ended softer after public fund and indexlinked buying helped erase a chunk of earlier losses. Investor attention was focused on Sony Corp and Mitsubishi Estate's foreign buying-linked losses, which sucked down other shares in their wake. "The news has given foreigners plenty of reason to remain
      Reuter; Source: Bridge Info  -  2,494 words
    • Article, Illustration
      Lock icon BANGKOK
      1836 13 Reuter BANGKOK Stocks were unable to find a foothold to resist slow but steady selling pressure from local mutual funds, which forced the index down to its lowest level in more than a month. The SET Index closed down 21.77 points at 1.457.49. on turnover of 4.8 million baht.
      Reuter; Source: Bridge Info  -  1,836 words
    • Article, Illustration
      Lock icon JAKARTA
      1113 13 Reuter JAKARTA Share prices closed lower in quiet trading although newcomer Pudjiadi Prestige closed slightly higher on good volume, brokers said. "Overall the market did not move much at all although there has been good focus on Pudjiadi and Suparma. one broker said. He said Pudjiadi. a property company,
      Reuter; Source: Bridge Info  -  1,113 words
    • Article
      CLOB INTERNATIONAL
      2507 14 MOST ACTIVE VQ<um« Cuiula HUlgs >.276.000 Mus H>d MX 2.446.000 MBlOpiul 2.681.000 Pnmd 2.301.000 KL ImluMrto 2.047.000 Bcijjnj L Wi44 1.144.000 Nlulphj Intl >(V 1.126.000 Mulli-PWt 1.047.000 Ian ('hong ttk 464.000 IVtingi Bhd MX 434.000 kcmjvjn orp 401.000 1>A( Bank MX 8*4.000 Muki-Purpose 871.000 MOST ACTIVE value tianda
      2,507 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks fall after PM fails to announce election
        6080 14 Bloomberg Business News KUALA LUMPUR Stocks fell on investors* disappointment that a political convention didn't bring an announcement of a general election, expected to boost the market, traders said. The Composite Index fell 3.60 points to 1,048.88 while the Emas Index rose
        Bloomberg Business News; Source: Bridge Info  -  6,080 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8299 15 MAIN BOARD Trance,ion d„e: Nov .8 (<f Gr M Wl 1994 Usl Vol Day LmI Quote Di» Di. %M Net Cap A%g High low Company Sale 000) High Low Bu,»r Seller S Or S P E Sail Price INDUSTRIAL AND COMMERCIAL 720* 417.5* in I 5 \nu 50c 505 20
        8,299 words
      • Article, Illustration
        Lock icon Share prices fall on investor concern over inflation
        1909 16  -  By R Sivanithy SINGAPORE The Straits Times Industrials Index yesterday struggled to stay above the 2,350 mark, as inflation-wary investors persisted in staying away from the market. Malaysian stocks also closed marginally lower in light institutional support, with activity throughout the day
        Source: Bridge Info; Source: Bloomberg  -  1,909 words
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      388 6 NEWS VALUE Non-oil domestic exports surged 40% in October (pg 1) Looks like the strong Singapore dollar has no impact on exports. Further Fed hike of 150 basis points seen (pg I) Interest rates likely to dog equity markets for some time to come. Forbes names 7 S'pore Arms in
      388 words
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      298 7 MFSline I In English Number Horoscopes (Daily) 8450 The SCORPIO Career A Finance Entertainment News 8451 How To Paint The Town Red? Ghost Stories 8452 Black Green; Win Prizes! Children's Funland 8453 Sun Wukong Meets The Dragon King... Face Facts 8454 Face Shape Dreamland 8455 Fandi Ahmad A Opposite Dreams;
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      349 9 r\m¥ikm UFESTYU MasterCarcF® Hot Air Balloon: f mH||» Chronicles of Travel" takes you on a Hot Air Balloon Safari Imagine... azure African skies above you. The expansive environs below you. You are drinking in the wild, natural beauty of this great continent from a hot air balloon. Out of the
      349 words
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      Page 11 Advertisements Column 1
      34 11 "I deal in cameras. And IJoiow whereto getgood exposure." io* T JOonf V 81 P"otogrlo h Ck J V «s. J:v ,c w „_p, cte I Call today for results tomorrow. M GA.T.S. 737-1166
      34 words
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      Page 11 Advertisements Column 2
      39 11 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. 7 STRAIGHT TALK You shouldn't have to read between the lines to get the full picture. Companies Markets. Everyday
      39 words
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      Page 13 Advertisements Column 1
      145 13 NEW BALANCE presents the The MK9O7s offer real running shoe American Classics Collection De- technology. Real running shoe supsigned to take the work out of walk- port and comfort. Just what did you ing. These elegant shoes look better expect from a company that makes when you are dressed up.
      145 words
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      190 15 NEW BALANCE presents the ventuie SEMES The MK9O7s offer real running shoe American Classics Collection De- technology. Real running shoe supsigned to take the work out of walk- port and comfort. Just what did you ing. These elegant shoes look better expect from a company that makes when you are
      190 words
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      1370 16 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF SAPHOLO PTE LTD (In Members' Voluntary Liquidation) NOTICE OF SPECIAL RESOLUTIONS [Pursuant to Section 290(2)(b)] At an Extraordinary General Meeting of the Company held on 14th November 1994 at
      1,370 words
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      Page 16 Advertisements Column 2
      353 16 In Die matter ot the Companies Act Cap. 50 And In tie matter of HEEREMA HOLONQ SERVICE COMPANY (SMGAPORE) PTE LTD. (Members' Vohrtary Wincing Up) At an ExJraordrwy General Mooting ot fte abovenamed company duty convened and held at 76 Shenton Way #15-02 Ong BuMng, Singapore 0207 on 10 November
      353 words
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  • ExecutiveLifestyle
    • Article, Illustration
      Lock icon In search of the good airport
      1411 17  -  Air travel in the Asia Pacific will be transformed by the end of the century when several new airports are completed. Jay Khosla looks at some of these prestigious projects to decipher the key ingredients of airport design Jay Khosla DOES it take long
      Design: Jennifer Chua  -  1,411 words
    • STRAWS IN THE WIND
      • Article
        Japanese savvy
        54 17 TRUST the Japanese to be ready for everything. While holidaying at a beach resort recently, a Singaporean executive started chatting with a Japanese businessman at the poolside. After exchanging names, the Japanese guy, who was in swimming trunks, put his hand into his trunks and whipped out a
        54 words
      • Article
        Keeping him posted
        47 17 YOU've heard of mail that comes back to you because you failed to put sufficient postage on the envelope. But you might not have heard of the person whose letter was sent back to him with the words stamped on the envelope: "Insufficient Address".
        47 words
      • Article
        Under observation
        77 17 OBSERVED at an oyster bar in Boat Quay: a luscious array of oysters were displayed outside. presumably to lure pass-ers-by into the restaurant. The oyster bar manager, noticing a woman and her son peering curiously at the shellfish, invited them in: "Come in and try our oysters?" To
        77 words
    • OPINIONS
      • Article, Illustration
        The stench of greed taints France's successes
        979 18  -  LETTER FRCM PARIS With presidential elections just six months away, the French are finding that few of the country's elite appear immune from corruption A CRAIG COPETAS The writer, a Paris-based journalist, contributed this commentary to BT CHARLES de Gaulle, the godfather of
        979 words
      • Article, Illustration
        Economic partisanship stops at the water's edge
        636 18  -  Global trade gives Americans cause for hope, if only they realised it, says Maggie Ford Maggie Ford The writer is a Jakarta-based correspondent who writes for Bl IT IS undoubtedly difficult for the citizens of a superpower like the United States of America
        636 words
      • Article
        Thailand is the big loser in rows over Khmer Rouge
        731 18 An international monitoring unit will help remove suspicions of collusion BANGKOK is once again on the defensive over allegations that the Khmer Rouge continues to enjoy the support of individuals in the Thai business and military communities. The latest charges
        731 words
      • Article
        ERP system is fairer and more flexible
        282 18  -  LETTER TOTHE EDITOR Loh Khum Yean For Permanent Secretary (Communications Ministry) I REFER to the article "A refined CBD system would be better" by Ong Yong Hwee (BT. Nov 12). We agree with Mr Ong that the government must adopt an integrated approach
        282 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS EYE
        • Article, Illustration
          BT SENTIMENT INDEX (Nov 21-25)
          55 20 Those polled on their views of the Singapore stock market for the week ahead: Baring Securities, Daiwa Securities, Fraser Securities, G K Goh, Kay Hian James Capel, Kim Eng, Morgan Grenfell, Nomura Research Institute, SBS HG Asia, SG Warburg, Smith New Court, and UOB Securities.
          55 words
        • Article
          Buy!
          434 20 Zalik Securities (Nov 18) Larut Consolidated. Acquisition of Europlus, developer of M 54.5 billion (552.6 billion) Bukit Berunting township, plus MSBOO million Ampang township and MS7OO million Twin Island City Centre projects should boost its pre-tax profit by M 582.3 million for FY% and Ms 96 million for FY97.
          434 words
        • Article
          What's ahead
          65 20 Mon, Nov 21. Malaysia: Offers for shares in Mitrajaya Holdings and Autoindustries close. Wed, Nov 23. US: Oct durable goods orders. Hongkong: Government auctions three lots of land on Hongkong Island, Kowloon and the New Territories. Japan: Holiday. Thu, Nov 24. US: Holiday Fri, Nov 25. US: Oct
          65 words
        • Article, Illustration
          In my opinion...
          434 20  -  Tan Tiong Cheng Managing director Knight Frank Cheong Hock Chye Baillieu 44 I J ecent media reports have highA X. lighted the immense profits which property owners can make by banding together and selling their units collectively to developers. Cosy Mansion, a 20-unit walk-up apartment block, was
          434 words
      • Article, Illustration
        Saving the best for last
        665 20  -  THEWHK By Joyce Quek OKAY, so the dreaded US interest rate rise has come and gone. And the Singapore and Malaysian stock markets have edged upwards not much, though, because the hike was widely expected. In fact, initial joy quickly turned into gloom because the
        665 words
      • Article, Illustration
        Stags likely to stay away from Broadway
        1203 20  -  By Ven Sreenivasan MAIN BOARD aspirant Broadway Industrial Group is going to get the cold shoulder from stock investors, judging by analysts' opinion of the company. Most analysts and brokers BT spoke to were sceptical about Broadway's prospects, despite the company's claim to
        1,203 words
      • Article
        What's hot and what's not among fund managers
        662 20  -  Singapore Telecom is out but SIA and UOB top the favourites, reports Shiv Taneja Shiv Taneja SINGAPORE Airlines and the banks are still the favourites for a group of fund managers, according to a BT survey of CPF-approved unit trusts. The funds
        662 words
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        Lock icon From humble beginnings to empire builders
        1923 21  -  To help you know more about the companies you invest in. BT focuses on Malaysian tycoons in our third series on Asia's business families By Paul Leo MANY Malaysian tycoons are said to be media-shy, reclusive or low-key. Small wonder, given the extent of
        Source: Bridge Info  -  1,923 words
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        A good hedge against stock market volatility
        537 21  -  Shiv Taneja on a fund that will invest in the precious metal and stocks of gold-linked companies Shiv Taneja ASIANS have always been great buyers of gold, mostly bullion. But buying enormous amounts of the stufT has its limitations such as storage. Enter
        537 words
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        Lock icon PE ratio is what matters most
        585 21  -  Eye on the region Schutz Lee finds out the trend among China share investors Schutz Lee 640 WITCHING" is the order of the day on China's B share market till the end of the year as investors sell off existing stocks or hold off
        Source: Credit Lyonnais Securities (Asia) Ltd  -  585 words
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      Lee Ang's feast of surprises
      644 22  -  Cinema Review By SHAHIRON SAHARI EAT DRINK Man Woman, director Lee Ang's first work after the phenomenallysuccessful Wedding Banquet, begins with a fascinatingly precise passage of a man preparing what seems like an elaborate feast. However, it is not a feast but, in fact, just
      644 words
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      Descent into madness
      724 22  -  By SUSAN TSANG OLIVER STONE brought us his angry vision of the Vietnam War three times, and made us think President Kennedy's death was clouded in conspiracy. Natural Born Killers is his latest exercise in ruffling feathers. This time, though, our feathers are as likely to be
      724 words
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      Shaping Asia's newest airports Shaping Asia's newest airports
      1129 22  -  How do Asian airports measure up as modern gateways between national and cultural realms? Jay Khosla rates some of the newest projects Jay Khosla KUALA LUMPUR INTERNATIONAL AIRPORT Loiated 50km south of Kuala Lumpur on a 10. (MM) hixlarc sire m Sepung.
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      On the trail of T3
      516 22  -  How will Changi Airport keep its edge over its Asian competitors? Diana Oon finds out Diana Oon CHANGI AIRPORT is something of a paradigm a Singapore success story about common sense and clockwork efficiency, told with five-star service and a smile. After 13 years in
      516 words
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      Cautionary words for kids
      602 23  -  Book Review By KEVIN SULLIVAN Rescue Mission Planet Earth: A Children's Edition of Agenda 21 Published by Kingfisher Price: soft cover $14.95 hard cover $24.95 RESCUE Mission Planet Earth is a brief commentary on Agenda 21. the environmental programme reached by 179 countries at the "Earth
      602 words
    • Sports
      • Article, Illustration
        Lock icon New golf tour offers big bucks for players
        542 24 Golf AP THOUSAND OAKS, California The World Golf Tour, which probably will rattle pro golfs old order, certainly will bring new riches to some of the players. The new tour plans to hold eight tournaments with US$3 million (554.4 million) purses beginning
        AP  -  542 words
      • Article
        Lock icon Pierce triumphs over Graf
        341 24 Virginia Slims Championships NYT NEW YORK Mary Pierce doesn't consider herself a scalp collector, but on Thursday night at Madison Square Garden, she took up where she left off in 1993 and hunted down yet another competitor whose .rank and reputation preceded hers. Last year her
        NYT  -  341 words
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        Lock icon Sampras regains his confidence
        399 24 IBM/ATP Tour World Championship AP FRANKFURT When the best eight players in the world go against each other, losing can mean a second a chance. The round-robin system saved Pete Sampras, the No 1 in the world. There will be no more second chances. The last
        AP; Reuter; Photos by Chris Loh  -  399 words
      • SPORTSHORTS
        • Article, Illustration
          Lock icon Basketball
          133 24 AFP WASHING TON Chris Webber, last season's NBA rookie of the year. Mas traded from Golden State io Washington on Thursday for forward Tom Gugliotta and three future draft choices. The Bullets, who have not made the NBA playoffs in a decade, have strengthened their line-up with Webber. The
          AFP  -  133 words
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          Lock icon Boxing
          88 24 Reuter DETROIT Michael Moorer's manager said on Thursday that the former heavyweight champion has not retired. Moorer. who lost his World Boxing Association and International Boxing Federation titles to George Foreman on Nov 5. in Las Vegas, said he was retiring, the Detroit \'m reported on Thursday. Moorer said
          Reuter  -  88 words
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          Lock icon Cricket
          118 24 AFP BOMBAY' Sanjay Manjrekar and Nayan Mongia put on a defiant unbeaten 80-run stand for the sixth wicket to take India to 179 for five at tea on the first day of the first Test against West Indies here yesterday. AFP HOBART, Australia The Australian XI were 327 for
          AFP  -  118 words
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          Lock icon Golf
          130 24 AP MIY AZAKI, Japan Heavy rains yesterday forced the cancellation of the second round of the Dunlop Phoenix Tournament, cutting the event short to 54 holes for the first time in its 21-year history. Consequently, the total prize purse of 200 million yen (SS3 million) will be cut by
          AP  -  130 words
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          Lock icon Rugby
          223 24 AP Reuter Reuter WELLINGTON New Zealand winger John Timu said yesterday that he has signed a three-year contract to play professional rugby league. Timu's deal with leading Australian club Canterbury-Bank-stown is a major blow to New Zealand's hopes of regaining the rugby union World Cup. which will be contested
          AP; Reuter  -  223 words
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          Lock icon Tennis
          118 24 AFP MELBOURNE Pat Cash and Mats Wilandcr will receive wildcards into next January's Australian Open. Tennis Australia announced here yesterday. Paul McNamec. tournament director for 1995's opening grand slam, confirmed that the pair had been given a path into the main draw. AFP FRANKFURT US$3 million IBM/ATP lour World
          AFP  -  118 words
    • PEOPLE
      • Article, Illustration
        150 years of Carrier
        260 24 WHEN Cartier held its "King of Jewellers Jewellers of Kings" exhibition at the National Museum last month, its customers and friends were the first to view the 90 rare and precious pieces of Cartier jewellery on display. The exhibition was officially opened by Gerard Coste, the
        260 words
    • TIME OFF
      • Article
        PERFORMANCES
        383 25 Six Lonely Oysters Action Theatre stages Ovidia Yu's comic-drama which looks at people who block off their feelings with carefully crafted "shells"; plus half a dozen oysters. Until Nov 21. Spm at the DBS Auditorium: with a matinee at 3pm today. Tickets at $15. $20. $25 and $30 for
        383 words
      • Article
        CONCERTS
        530 25 Love and Marriage: Two Chamber Operas Stage director Tom Hawkes takes on Menotti's The Telephone and Berstein's Trouble in Tahiti, with Wendy Dixon, Yang Jie, Adrian Scott, Ong Wei Kiat and Robert Osborne on vocals. The SSO accompanies. Today, 8.15pm at the Victoria Concert Hall. Tickets at $4. $7,
        530 words
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        FILMS
        346 25 Les Fausses Confidences Penniless Dorante is in love with wealthy Amarinte. Unfortunately, he faces competition from a certain rich Count Dorimond. Nov 22: 7.15pm; and Nov 23: 9.15pm. At the Alliance Francaise. La Triche When police inspector Verta gets called in to investigate a homosexual murder, he falls for
        346 words
      • Article
        EXHIBITIONS
        711 25 14th International Salon of Colour Photography An exhibition and slide show featuring about 180 colour prints of studio portraits, landscape, human and environmental interests from 35 countries. Today and tomorrow, I Oam to 9pm at the World Trade Centre. Expo Gateway. Slide show at 7.30pm. Admission is free. Homex
        711 words
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        TALKS
        341 25 Baby and Infant Care Miriam Stoppard. a leading British child care specialist will be giving this talk that should answer your questions about caring for your young ones. Today. 2.30pm at Sheraton Towers. Call 390-5095 for registration. My World Tomorrow This seminar-cum-film presentation aims to discuss how environmental messages
        341 words
      • Article
        MISCELLANEOUS
        274 25 Auditions Action Theatre is looking for actors/actresses born between 1963 and 1967 for their new play about a generation that wants nothing but to be the best. Prior theatrical experience not essential. Please bring a recent photo- n Today 2pm at the Casuanna Rm. 2nd level, RI LC and
        274 words
      • Article
        AT THE SUBSTATION
        238 25 Again Watching White and Again Artist Zai Kuning presents this talk cum slide/video show of his recent work in Germany. Nov 22. 7pm at Classroom 2. Free. Remembrance A Sheep in the Box A double-bill exhibition by Teng Chok Dec and Siak Fahn Ein who make use
        238 words
      • Article, Illustration
        TICKETING
        144 25  -  Compiled by Christopher Toh Sistic outlets are at Forum The Shopping Mall, Ginza Plaza, Junction 8. Liang Court, Raffles City, Scotts, Specialists Centre, Takashimaya. Cold Storage at Jelita and World Trade Centre. Also at Victoria Concert Hall and the Singapore Indoor Stadium. Hotline: 348-5555. Ticket Charge outlets are at
        144 words
      • Article, Illustration
        Thanks for the memories
        766 25  -  Shahiron Sahari goes down memory lane with Art Garfunkel Shahiron Sahari WHEN couples divorce, who gets what can sometimes be a big bone of contention. When Simon and Garfunkel split up, no question, Simon was left with all the hardware, the nuts and bolts, while Garfunkel
        766 words
    • EPICURE
      • Article, Illustration
        An extra helping of vegetables
        525 26  -  Bon Appetit By JAIME EE SOMETIMES you wonder, when eating Chinese vegetarian food, why chefs put so much effort into making their bean curd or gluten-based dishes taste like real meat and seafood. Try kidding yourself if you will, but after awhile, that mock duck
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      • Article
        How to visit a vineyard
        783 26  -  Wine By N K YONG THE FOLLOWING tips are offered to those who want to visit a vineyard on their own instead of availing themselves of the commercially available wine tours. Do >ou need an appointment? Yes. Obligatory in some cases, preferable in others, rhe
        783 words
    • Article, Illustration
      CINEMA
      1064 28 Airheads. A bumbling band hijacks a radio station to have their demo taped aired. Yishun: 9.15pm. Amantes. Spanish tale. A discharged soldier lodges with a steamy widow. The inevitable happens. His fiancee discovers the affair. R(A). Midnight tonight at Yangtze. Baby's Day Out. Baby Bink wanders around New York
      1,064 words
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      10 17 Asia's newest airports What next for Changi? EL 6 7
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      134 17 I 13 n ei •*V-> J.j 24-hour "Loan information Sorvicc Approval'' 1800 334 3588 1800 334 368 8^ "V Reverso. Avant-garde since 1931. In 1931 Jaeger- y^^ LECOULTRE anNOUNCED A WRIST- 4uk TO BE EQUALLY < AT HOME ON THE SPORTS FIELD OR THE DRAWING ROOM. tf v _.>'' 'jflji
      134 words
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      435 18 RCf) NVEST IN THE RARE ANIMAL THE SPECTACULAR SERIES 4 FOR A WORTHY CAUSE. In the fine tradition of its The best-selling China Rare predecessors, tin* long awaits! ilh Animals Protection Commemorative series looks set to be vet another Coins are bark again. block buster. Since iLs advent in 1988.
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      25 18 BT welcomes letters from you. Please address (hem lo: The Editor, Business Times, 390 Kim Seng Rd, S'pore 0923. Letters should include your contact numbers.
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  • Page 18 Miscellaneous
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      63 18 ly THIS HAS Gotfe (PiUL SFVD...J \T'S DISGUSTiMG— NO S>OO|SCR F *K- E-NOUGH.\>\ 1 PO I mettToH I'm GOIN'G To COALk- CALLING THE. UHOLE V\ OOT P\nd NEVCR thing OFF AMD I —>». TUp\N I p.fvjr, Jrygcc fcK Dt> LOAHT f\LL Mv/ /> SQ UPI 66L.N^| S £?<£?*£ lws www,no
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      48 19 fl il 'X&UJb *j> 4W -zh> aj&*ft*t?L J<X4Uc4Jf MrO cUf /HJbtdjLjl a, /btL>A>&' idy- 4*td 4uJfc+<~< fc/uAJL frtZ* /Ij-ntl) /yHAs cbctlf J A>tMo*&/ X&s&f j4C4jf dh-tsLsCt a&lt d-&dca* Yl£#s*, vH^H Every Heineken Has Its Moment. First brewed in Holland in 1873. Now the world's No. 1 imported beer.
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      124 24 lßm'' t yA? Abova* a*yoMl PtoLtd I ManlimrSqiMn-WMOI Td 72WM2 Cofttiu W«lrhCnitr*Pt«Ud WI-3AiCirri«Cily XtWIRS. W|- fl| S2 Lmky PlauTH 23V1»i4 l>«lu«« tJ»«ern W«lch P»* lld *)l 18/20lVntrvp«iint r«H HSZVVi J*w*ll*ry lndu»»ri«lS» P»« Itd 44 Alc»*ixlm T«r*-»)ISWd(5(OW Pasir jrw' H ran»«*lU>Tt4 *****1W Hoy Fa«««»ii Watch P»« Ltd *>1-74 Lucky PUMTrt 7M.YII*
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      1099 26 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX7AI-1298 BBsdL L.C. Development Ltd (Incorporated In tm Repub»c of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordnary General Meeting of the Company wiM be hdd on Monday, tie sft day of December 1904 at 11.00 ajn. d tw
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      Page 26 Advertisements Column 2
      547 26 I Pasta B ravel announces a netv I I A La Carte Menu I I Executive Set Lunch at SIS J g Ofyening hours: 12 2.30pm (Lunch) and I m 6.30pm 10.30pm (Dinner). -p m {e* I j PASTAy KAVA j M ITALIAN RESTAURANT m m II Crmi/i Road, Tanjonq
      547 words
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      Page 26 Advertisements Column 3
      179 26 TOP MM CHEF, Savour Italian cuume with White Truffles cooked to perfection by top Italian cbef Nat ale Baccbetta from Hotel Villa Cmpi in Piedmont, Italy. RARE TIMJAN TRUFFLES! Lunch and dinner from Monday 2hi till Wednesday 30tb November. Call J3l *****r 71 for more detaiL. RISTORANTE BOLOGNA ■rrttnoon 6
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      729 27 M Nothing Beats A Bud. M OF "Jfoiqh Qieu starts at t(oon Don't miss our delicious High Tea Buffet available from 12 noon to spm every weekend. Price: $13.80 (adult) 58.80 (child) A La Carte Menu is also available. All prices are subject to 10". service charge, l'» Hovernmenl Ijx
      729 words
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      Page 27 Advertisements Column 2
      367 27 WHERE TO WINE, DINE AND ENTERTAIN Our weekend high tea is so satisfying, people sometimes break into song. Choose from a sumptuous variety of savoury and sweet favourites. And if that's not enough, our high tea special also includes karaoke at Singsation. High-Tea: 8.00 (child) E, w Karaoke High-Tea: $19.00
      367 words
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      339 27 r t y t The "In-Donesian" Thing To Do! And why not, at the Chatterbox! Indulge in a sumptuous Indonesian buffet of some 30 cold hot dishes and a tempting array of delicious desserts by our guest chefs from Sahid Jaya Hotel Tower, Jakarta. Just do it! Come to the
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      2345 28 TODAY'S TV ■nrmrnrfH Basque Country (See 600 Morning News (M). Our Choice). If jT. 6.15 Wawasan Sua. 6.30 Front Runners. hr*+V" 7.00 CNN News (M). Scarlett Bpm, Ch 5 The Three King- 7.00 4HK 1 Mr ®-J® Sarapan Malaysia. her grandfather in Savannah capital after he fails to assassi- Choice"^
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