The Business Times, 8 April 1995

Microfilm: NL19830
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    13 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Weekend Edition, April 8-9 1995 85*
    13 words
  • Article, Illustration
    Talk of Japan rate cut mounts as yen hits new high
    474 1  -  By Anthony Rowley, Neil Behrmann in LONDON SPECULATION mounted yesterday that the Bank of Japan (BOJ) may move to cut official short-term rates after the Japanese yen hit yet another record post-war high of 83.75 against the dollar in
    474 words
  • Article
    Lock icon Emergency G-7 talks tomorrow to stabilise rates: report
    215 1 Reuter, AFP TOKYO Deputies of the Group of Seven (G-7) industrialised nations' finance ministers will hold an emergency meeting in London tomorrow to stabilise foreign exchange rates, Jiji Press said yesterday. The news agency, quoting international monetary sources, said participants in the
    Reuter,; AFP  -  215 words
  • Article
    Regional stocks take another knock
    160 1 SINGAPORE Regional stock markets lost ground again yesterday in step with the growing weakness of the US dollar. The Singapore market was badly knocked. Analysts said the dollar's weakness casts doubts on the earnings and prospects of local companies. The Straits Times Industrials Index finished
    160 words
  • Article
    F&N to revamp its soft drinks and dairy business in Malaysia
    671 1  -  By Genevieve Cua SINGAPORE Fraser Neave yesterday proposed to restructure its Malaysian soft drinks and dairy operations to comply with the country's National Development Policy (NDP) of raising bumiputra ownership. Under the complex proposal, F&N will inject its business
    671 words
  • Article
    Matsushita sells 80% of MCA stake to Seagram
    286 1  -  From Anthony Rowley in TOKYO JAPAN'S Matsushita electrical group announced yesterday that it will sell 80 per cent of its stake in the movie and entertainment company MCA Inc, which owns Hollywood's Universal Studios, to Canadian-based food and drink giant Seagram for
    286 words
  • Article
    Polling dates for M'sian election set for April 24, 25
    406 1  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA'S general election will take place in the peninsula on April 25, and in Sabah and Sarawak on April 24 and 25, the Election Commission (EC) announced yesterday. This will be one of
    406 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones down 24 points
      84 1 Reuter NEW YORK Stocks fell sharply yesterday under pressure from a weaker dollar and a sell-off in the bond market. Profit-takers also stepped in after stocks closed at their second record high in three days on Thursday. The Dow Jones Industrial Average was ofT about
      Reuter  -  84 words
    • Article
      Lock icon US rates may rise to 7% by 1996: Merrill
      80 1 Reuter LONDON US interest rates may rise to 7 per cent by 1996, with increases starting as soon as July, signalling tougher times ahead for the US bond market, according to William Sterling, chief international economist at Merrill Lynch. Mr Sterling
      Reuter  -  80 words
    • Article
      Lock icon Funds raise US$2.77b for East Europe: report
      36 1 Reuter LONDON Investment funds have raised U552.77 billion (553.88 billion) for Eastern Europe since the region broke free from the old Soviet bloc, UK's Emerging Markets Investor magazine said.
      Reuter  -  36 words
  • Article
    MARKET SUMMARY
    173 1 Stock market indices Friday Change STII 2,073.75 -21.32 KLSEComp 967.29 -11.43 Nikkei 15,719.50 -96.37 Hang Seng 8,470.28 +52.10 SET Index 1,177.04 -7.61 Jakarta Comp 428.99 -1.86 Manila Comp 2,443.30 -2.81 Taipei WPI 6,518.83 -56.88 Seoul Comp 914.3 +8.52 Bombay BSE30 ..3,475.70 -8.55 CLSA China B 822.72 -1.97 Aust
    173 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      9 1 Boat Asia: el i Beyond the pleasure parade >3^C,
      9 words
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      Page 1 Advertisements Column 2
      30 1 Stocks: el 5 Malaysia's second board smorgasbord Regional markets, Pg 12-16 CORPORATE FOCUS, Pg 9 Why Seagram is changing its script to movies Rating agency puts MCA on credit watch
      30 words
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      Page 1 Advertisements Column 3
      228 1 t Conpenatiotu |gj Sasono Hock Lock Siew: pg 6 CASH scheme bigger tharrJkirito dial? 8 ill ii l National Front to focus on growth, Pg 3 Km gerald genta i, i i i iri ifmi 11 ii if V Xa-c Jor -n v i SUCCESS CHftONOGKAfH I SUCCESS A form
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      Page 1 Advertisements Column 4
      37 1 S pwf News 2 Spore*smi Regional News 3.4 Fnanci* 10.11 World News .45 Features Opwoos ..02 Currencies 10 Epcure 1110 S«tw/Commodities 11 TV/Iftest* 1112 Wortd 12 Sports X Reponai 12.13 Corporate Focus 3 CM KLSE. StS 1416
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  • SINGAPORE NEWS
    • Article, Illustration
      Lock icon Half of Lane Crawford staff likely to go
      578 2  -  By Jenny Lam SINGAPORE'S Lane Crawford department store is expected to retrench up to half of its 300 staff following the closure of three floors of its store in Orchard Road. David Lawrence, a director of Marco Polo Developments Ltd (MPDL) which
      Photo by Chris Loh  -  578 words
    • Article
      Managers must upgrade skills, says BG Lee
      307 2  -  By Chuang Peck Ming MANAGERS and professionals must continue to update and upgrade their skills, or they could lose their jobs. Deputy Prime Minister Lee Hsien Loong said last night. "Professional managers must strive to be current on new management practices," he said
      307 words
    • Article
      Asian convention group to take steps to lift regional business
      106 2 THE Asian Association of Convention and Visitor Bureaus (AACVB) will take concrete steps to boost cooperation between Australia and Asian countries to build up their convention business, said Kevin Leong, its secretary-gen-eral. Mr Leong was briefing the press yesterday at
      106 words
    • Article
      Swiss flavours-maker shows $45m taste for Singapore
      312 2  -  By Michelle Low SWISS flavours and fragrance maker Givaudan-Roure has relocated its Asia Pacific export production to Singapore from Europe, with the opening of a $45 million facility here yesterday. The 15,000 sq m Woodlands plant, which also houses the company's regional headquarters,
      312 words
    • Article, Illustration
      Lippoland to sell Indon condo units in S'pore for the first time
      424 2  -  By A J Leow LIPPOLAND Development will market Indonesian properties for the first time in Singapore as part of the promotion for its new $250 million Carita Bay Resort in West Java. The Indonesian company will offer about
      424 words
    • Article
      Nine more schools to offer Gifted Education Programme by 1998
      304 2 EDUCATION Minister Lee Yock Suan yesterday said four more primary and five more secondary schools would offer the Gifted Education Programme by 1998. At present, four primary schools and three secondary schools have GEP centres. Mr Lee said the move
      304 words
    • Article
      Awards plan mooted for women in business
      290 2 THE Women for Women Foundation (Asia Pacific) aims to launch awards for women entrepreneurs in each Asean country next year. Foundation chairman Jannie Tay said yesterday that women's chances in existing business awards were slim because they did not have the track record
      290 words
    • Article
      Czech president Havel here for two-day visit to boost economic ties
      309 2  -  By Kevin Sullivan CZECH President Vaclav Havel arrived in Singapore yesterday on a two-day working visit, en route from New Zealand. Australia and the Philippines. Czech Minister for Trade and Industry Vladimir Dlouhy, who is accompanying President Havel, said
      309 words
  • Page 2 Advertisements
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      519 2 Singapore: Showers over several areas n t h e late afternoon and early e-.en.ng Tempcature 25 33". M/IV Cm 4. Unpt Hi/tV Cm*. Buenos Ares -.22/13 Cloudy Audtand IH/11 Showers Amsterdam 10/06 Cloudy Chicago 11/02 Cloudy Baftfu* 37/24 Cloud* Athens I7A» Cloudy Honolulu 27/21 Ooudy Bejpig 14/09 Cloudy Benin 11/02
      519 words
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  • THE REGION
    • Article
      Lock icon Indon officials calm inflation fears as cement prices surge
      406 3 Reuter JAKARTA Senior Indonesian officials yesterday moved to calm fears of rising inflation following the government's controversial 40 per cent rise in cement prices last week. Finance Minister Mar'ie Muhammad told reporters that he was optimistic the government would still be
      Reuter  -  406 words
    • Article
      Lock icon Reforms of mid-1980s have paid off, says central bank chief
      343 3 Reuter JAKARTA Sweeping reforms introduced in Indonesia's banking sector in the mid1980s have boosted efficiency and allowed banks to venture into new forms of financing, the central bank governor said yesterday. Sudradjad Djiwandono said efforts to deregulate the sector had
      Reuter  -  343 words
    • Article
      Lock icon Judge urges Aussies: drop superior attitude to Asian values
      259 3 Reuter CANBERRA Australians must drop their aggressive and superior attitude to Asian values and become more tolerant of the courteous and consensual approach of the Asia-Pacific region, Australia's top judge said yesterday. "Our version of Western society, which is peculiarly assertive,
      Reuter  -  259 words
    • Article
      Lock icon Jakarta queries Beijing over maps claiming Natuna seabed
      280 3 AFP JAKARTA The Indonesian government has sought clarification from Beijing over Chinese maritime maps that showed Indonesian marine areas in the South China Sea as Chinese territory, diplomatic sources here said yesterday. According to the maps, part of the seabed around the
      AFP  -  280 words
    • ELECTION SNIPPETS
      • Article
        Report sees Front landslide in Sarawak
        131 3 KUCHING Given the present political mood and situation in Sarawak, the National Front can expect a landslide in parliamentary polls in the state, the national news agency Bcmama predicted in an election focus article. The article said speculation in the coffeeshops here is on
        131 words
      • Article
        MCA to field five women
        80 3 KUALA LUMPUR Five women including two new faces will be fielded by the ruling coalition component party, the Malaysian Chinese Association, in the coming general election, MCA president Ling Liong Sik said yesterday. They are the party's women's wing (Wanita) chief Teng Gaik Kwan, Lim
        80 words
      • Article
        Lock icon Daim sees stronger economy if Front wins
        57 3 Bernama SUNGAI PETANI Malaysia's economy will emerge stronger if the ruling National Front is given the mandate to continue to rule the country, former finance minister Daim Zainuddin said yesterday, adding that the country will develop more rapidly under the National Front government
        Bernama  -  57 words
    • Article
      Lock icon Front likely to focus on growth
      261 3 Run-up to Malaysian elections Bernama KUALA LUMPUR The ruling National Front coalition's manifesto, to be unveiled today, is likely to focus on the country's future growth and stress continuity. The theocratic opposition party PAS will also announce its general election manifesto today. The Front's
      Bernama  -  261 words
    • Article, Illustration
      Lock icon Philippine army in running battles with Muslim gunmen
      376 3 AP, Reuter IPIL. Philippines Army troops backed by artillery and helicopter gunships fought running battles yesterday with Muslim gunmen fleeing the southern town of Ipil which they ransacked earlier this week. Thousands of civilians fled to remote mountain villages west of Ipil
      AP,; Reuter  -  376 words
    • Article
      Lock icon Sri Lanka plans steps to protect maids in Middle East
      223 3 AFP COLOMBO Sri Lanka is planning new measures to protect thousands of its nationals, allegedly facing harassment and working in appalling conditions as maids in the Middle East, a minister said yesterday. Minister of Labour Mahinda Rajapakse told reporters here
      AFP  -  223 words
    • Article
      Lock icon Ramos to respond to report on maid in a few days
      319 3 AFP, Reuter MANILA President Fidel Ramos will declare, in two to three days, his response to the special commission's report on the hanging of a Filipino maid in Singapore, palace spokesmen said yesterday. Yesterday, another Philippine Air Force (PAF)
      AFP,; Reuter  -  319 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      83 3 ST J Cp T 1 7% Nett return Guaranteed for 2 years B E A C H Call Kvelyn Ho at *****20 for a private presentation. P e r t b X Steven Ix)h Investment Opportunity TVy BfOOke 5 Only 9 units of townhouses •25 minutes to Hillier Parker town
      83 words
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      Page 3 Advertisements Column 2
      124 3 r/ r <('/////{/ -Hi// i f FUJIFILM I kite April '<)n lime (S.tiOjnn ?}j§ \CIWC Singapore I mtr* Indoor Stadium I'riccs: tfs7n. &iO(h r it i l-"«x 44()(i7N4 V^VT k r\ v'• Y/hitney q/§\iston //< Vvv/.s //A .*■> ,S> <>// /<7.s < Itt'ifiill l\< ii 11* i f "•<>!; <
      124 words
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  • REGION/WORLD
    • Article
      Lock icon US manufacturing slowdown edges jobless rate up to 5.5%
      474 4 AP WASHINGTON The US unemployment rate edged up to 5.5 per cent in March as the country su tie red its first drop in manufacturing employment in 15 months, the government said yesterday in a report that provided more evidence of
      AP  -  474 words
    • Article
      Lock icon HK talks deadlocked, cultural differences blamed
      245 4 AP HONGKONG Three days of talks on Hongkong's future ended in failure yesterday, with Britain's negotiator discarding diplomatic niceties to blame the deadlock on fundamental differences between Western and Chinese culture. The outcome was seen as likely to heighten worries about Hongkong's chances of
      AP  -  245 words
    • Article, Illustration
      Lock icon In memory of gypsies
      35 4 Reuter BUCHENVVALD, Germany A worker putting the finishing touches to a new memorial for gypsies at the Buchenwald concentration camp yesterday. The slogan reads: "For the victims of Nazi Holocaust". Reuter
      Reuter  -  35 words
    • Article
      Lock icon Taiwanese president to make major statement on China ties: papers
      352 4 AFP TAIPEI Taiwanese President Lee Teng-hui is to announce a major China policy offering to normalise relations with Beijing in joint efforts seeking reunification, local press reports said yesterday. In an announcement planned for the weekend, Mr Lee would also
      AFP  -  352 words
    • Article
      Lock icon Foreign investments in China slip 26% as HK, Macau funds shrink
      317 4 Reuter BEIJING China approved foreign investments totalling U5582.68 billion (*****.8 billion) in 1994, down 26 per cent from the year before, mainly because of a decline in funds from Hongkong and Macau. Xinhua news agency said yesterday. Investors from
      Reuter  -  317 words
    • Article
      Lock icon US arms suppliers agree to give NT$50b worth of subcontracts to Taiwan firms
      308 4 Reuter TAIPEI Three US arms firms have agreed or will soon agree to subcontract back to Taiwan makers at least NTSSO billion (552.6 billion) of the purchase orders they estimate to receive from Taiwan in the next
      Reuter  -  308 words
    • Article
      Lock icon Major nations must improve coordination of policies: OECD official
      286 4 Reuter TOKYO Japan, Germany and the United States need to strengthen the compatibility and integrity of their international economic policies, a senior Organisation for Economic Cooperation and Development (OECD) official said yesterday. "The solution is further strengthening compatibility and integrity of
      Reuter  -  286 words
    • Article
      Lock icon Bombay stock default: man arrested
      156 4 AP NEW DELHI Police arrested Pawan Sachdeva, head of MS Shoes East Ltd on charges of cheating in connection with a U554.34 million (SS6.I million) default that closed the Bombay stock market for three days, police said yesterday. A police spokesman said Sachdeva was detained
      AP  -  156 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1797 4 CK? Flight ETA n» ETD_ City n» ETA nw> ETD_ W>u Dhabi GA860 1945 H« CM Minh City VN741 1310 VN740 1410 Adelaide QF81 1930 QF82 2055 SQ171 1915 SQ172 1430 Amsterdam SQ25 0650 KL838 2300 Hon 8 kon 8 UA1 0050 UA2 0635 KL831 0925
      1,797 words
    • NOTE BOOK
      • Article
        Lock icon Pact to develop Mekong River jointly
        73 4 The Straits Times CHIANGRAI, Thailand Thailand, Cambodia, Laos and Vietnam have approved a draft plan to jointly develop the Mekong River in the wake of their historic agreement on common usage of resources in the waterway. The plan includes projects on flood control, navigation,
        The Straits Times  -  73 words
      • Article
        Lock icon Asean mediating body to be proposed
        109 4 Bernama BANGKOK Thailand will urge Asean to set up its own dispute settlement body at the upcoming informal meeting of Asean Economic Ministers to be held in the country's southern resort province of Phuket on April 25, a Commerce Ministry source said here yesterday.
        Bernama  -  109 words
      • Article
        Lock icon Oversupply haunts KL steel industry
        97 4 AFP KUALA LUMPUR Malaysia's steel industry, which expanded aggressively in recent years, will be plagued by excess supply despite the country's Ms2o billion (Ssl 1.2 billion) investment in infrastructure in the next three years, investment bank Salomon Brothers said yesterday. Analyst Bruce Rolph said major
        AFP  -  97 words
      • Article
        Lock icon Jakarta denies killings by army
        79 4 AP JAKARTA Indonesia's Foreign Office denied yesterday an allegation by the Australian Council for Overseas Aid that the military had killed 37 people over the past nine months in the easternmost province of Irian Jaya. Foreign Office spokesman Irawan Abidin said the truth was that
        AP  -  79 words
      • Article
        Lock icon Ukraine, China sign military pact
        61 4 AFP BEIJING Ukraine, one of Beijing's main suppliers of military equipment, has signed a military cooperation agreement with China, diplomatic sources said yesterday. The pact was signed on Thursday by visiting Ukranian Defence Minister Valery Shmarov, the sources said, adding that he also participated in
        AFP  -  61 words
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  • THE WORLD
    • Article
      Lock icon Climate talks make headway on cutting greenhouse gases
      540 5 AP BERLIN Nearly 130 nations yesterday adopted an agreement on strengthening the global climate treaty and setting new objectives by 1997 for further cuts in greenhouse gas emissions by developed countries. "Compared to the magnitude of the problem and what we could
      AP  -  540 words
    • Article, Illustration
      Lock icon Scottish voters deliver Tories a disaster
      481 5  -  From Neville Stack in LONDON THE WORST fears of John Major's Conservative government were realised yesterday when the Scottish voters delivered their verdict in the local council elections. The Tories did not win control of a single one of the 49 councils, and only
      Reuter  -  481 words
    • Article
      Lock icon EBRD faces political fight for more funds
      300 5 FT LONDON The annual meeting of the European Bank for Reconstruction and Development (EBRD) here this weekend is expected to mark the start of a potentially fierce political struggle over the size of future increases in the bank's ECU 10 billion (US$l3 billion)
      FT  -  300 words
    • Article
      Lock icon IMF extends loan programme for Argentina
      359 5 Bloomberg Business News WASHINGTON The International Monetary Fund has approved an extension of its loan programme for Argentina, making USSI.6 billion (552.2 billion) immediately available to help revive Argentine financial markets. The remainder of the IMF's loan programme for Argentina, totalling about US$l.2 billion,
      Bloomberg Business News  -  359 words
    • Article
      Lock icon US Senate passes bill cutting this year's spending by US$16b
      366 5 Bloomberg Business News WASHINGTON The Senate has approved legislation to reduce federal government spending during the current year by about US$l6 billion (5522.4 billion). Approval of the measure on a 99-to-0 vote came after Republican and Democrat leaders agreed on
      Bloomberg Business News  -  366 words
    • Article
      Lock icon Mandela cracks down on party dissent
      217 5 Reuter CAPE TOWN South African President Nelson Mandela cracked down on dissent within his ruling African National Congress (ANC) on Thursday following his sacking from government of his estranged wife, Winnie. Mr Mandela issued a public reprimand to Deputy Minister Bantu Holomisa for criticising
      Reuter  -  217 words
    • WORLD WATCH
      • Article
        Lock icon World economic growth to hit 3.8%: IMF
        88 5 AFP WASHINGTON World economic growth should reach 3.8 per cent in 1995 and 4.1 per cent in 1996, according to a draft of the International Monetary Fund's world economic report obtained on Thursday. A European source said the forecasts in the draft were
        AFP  -  88 words
      • Article, Illustration
        Lock icon Sorry, we're closed
        51 5 Reuter PARIS A tourist chocking his watch as others read an information board at the main Pyramid entrance to the Louvre Museum. Major Paris state-run museums are closed to the public as 4,000 staft have stopped work since 1 uesday to demand better pav and working conditions.
        Reuter  -  51 words
      • Article
        Lock icon Spain pessimistic over fisheries talks
        76 5 AFP LUXEMBOURG Spain's fisheries minister said here on Thursday that he was pessimistic about Canada-EU talks on ending a fishing quotas row, and accused Canada of lying systematically. "I am pessimistic because the Canadians have never shown the will to negotiate truthfully," Luis Atienza said
        AFP  -  76 words
      • Article
        Lock icon EC probes microdisks dumping
        65 5 Reuter BRUSSELS The European Commission said yesterday it was investigating charges that imports of microdisks from Canada, Indonesia. Macau and Thailand were being dumped in the European Union market. The probe followed a complaint last September by the Committee of European Diskette Manufacturers that imports of
        Reuter  -  65 words
    • Article
      Lock icon FDA reforms a boon for medical industry
      270 5 Bloomberg Business News WASHINGTON The Food and Drug Administration has eliminated approval requirements for more than 100 lowrisk medical devices in reforms that could save the medical industry US$5OO million (SS7OS million). From next year, the FDA will allow some private companies to
      Bloomberg Business News  -  270 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
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      81 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Hong Leong wins Stevens Rd site with bid of $82.4m
      470 6  -  By Abdul Hadhi SINGAPORE Hong Leong Holdings and its listed property arm City Developments have clinched a combined residential site of 68,365 sq ft in the Stevens Road area with a joint benchmark bid of $82.4 million, or $753 per
      Source: KFCB  -  470 words
    • Article
      Metal Containers to buy business from new parent for $81m
      347 6  -  By Lee Han Shih LISTED Metal Containers Ltd, which is in the process of selling its assets and being taken over by Malaysia's Lion group, will buy a dry cargo container business from its new parent for M$ 143.5 million
      347 words
    • Article
      Cosco S'pore places US$38m order for two bulk carriers
      205 6 SINGAPORE Listed Cosco Investment, through 100 per cent subsidiary Cosco Singapore. has placed a US$3B.6 million (Sss4 million) order for two new bulk carriers to be built in China. Cosco Singapore signed the contract yesterday with China Shipbuilding Trading. Hudong Shipyard
      205 words
    • Article
      CASH's reforestation scheme in Sabah could be bigger than Barito deal
      904 6  -  HOCK LOCK SIEW By William Chia SINGAPORE It is not suiprising that the market has been more excited by Construction and Supplies House Bhd's M 52.6 billion (Ssl.s billion) timber deal with Indonesian timber giant Barito Pacific Timber than
      904 words
    • Article
      Ekran may clinch 30% stake in Bakun dam project
      317 6  -  From Ruth Wong in KUALA LUMPUR TIMBER and constructionbased Ekran Bhd is set to become a major player in the power industry as it is believed to be eyeing a lion's share of the ownership of the Bakun hydro-electric dam in
      317 words
    • Article
      Weak US$ takes shine off Datacraft debut
      254 6 SINGAPORE Datacraft Asia made a subdued debut on the mainboard yesterday, closing 1.5 US cents below its issue price of 39 US cents. In all, 682,000 shares changed hands about 1.5 per cent of the 45.5 million shares floated in mostly institutional trading.
      254 words
    • EYE on your STOCKS
      • Article
        MARKET MOOD
        66 6 For next week's expected market sentiment, see BY Sentiment Index on hL4 (Personal Finance <& Investment section) Market Mood' indicates the likely trading sentiment today, based on brokers polled at 5-f>pm yesterday. Overnight events may alter sentiment. Brokers polled: Alliance. Baring. Credit Lyonnais Securities. Da ma. Fraser. GK
        66 words
      • Article, Illustration
        HOT STOCK
        103 6  -  By Paul Leo FIRST Capital Corporation fell to the lower end of its 36-cent range between $3.66 and $4.02 yesterday, making it a buy. Daily Relative Strength Index and stoehastics are below 25, indicating an oversold condition. Weekly Moving Average Convergence-Divergence indicator also signals a buy. But a
        103 words
    • COMPANIES
      • Article
        Lock icon Berjaya Leisure plans rights issue to raise at least $225.7m
        382 7 MBT KUALA LUMPUR Berjaya Leisure Bhd (BLeisure) has proposed a rights issue of irredeemable convertible unsecured loan stocks with a nominal value of M$ 1 for every two BLeisure shares held. In a statement yesterday, BLeisure said the amount of
        MBT  -  382 words
      • Article, Illustration
        Lock icon Lippo sees future in townships as two ambitious projects on Jakarta's outskirts get underway
        542 7 Reuter TANGERANG, Indonesia Lippo Group's James Riady says Indonesian property developers scoffed when they heard of the group's ambitious concept to build two satellite townships on Jakarta's outskirts. "Our competitors could not understand us. They thought
        Reuter  -  542 words
      • Article
        UNIT TRUSTS & FUNDS
        595 7 UNIT TRUSTS FUNDS Managers' pricm Apr 8 10 US Or Fund 0 98 1.03" Singapore Unit Trust UOB Asset Mgt Ltd The Commerce 1.57 1.66 IJnifund 1.33 139 The Savings Fund 1.41 I 49xd l)nibond+ 1.025 1.050 S'pore Prog Fund 0.58 0.62 United Gr Fund! 1.54 1.61 S'porc See Fund
        595 words
      • Article
        Lock icon NY share sale raises US$311m for Asia Pulp & Paper
        277 7 NY share sale raises US$311m for Asia Pulp Paper Bloomberg Business News NEW YORK The Asia Pulp Paper Co has raised US$3ll million (***** million) in an initial stock sale. 21 per cent less than the company anticipated. Underwriters led by Morgan Stanley Co sold 27 million American depositary shares,
        Bloomberg Business News  -  277 words
      • Article
        Lock icon Oriental Holdings' profit surges 44%, proposes special dividend
        203 7 Bernama. MBT KUALA LUMPUR Oriental Holdings Bhd recorded a 43.7 per cent increase in group pre-tax profit to M 5308.72 million (S$ 173.7 million) for the year ended Dec 31, 1994, against M 5214.83 million a year earlier. Group turnover rose 34.9
        Bernama.; MBT  -  203 words
      • Article
        Lock icon Telekom Malaysia to take lead in developing multimedia network
        234 7 MBT KUALA LUMPUR Telekom Malaysia will strive to develop a comprehensive broadband multimedia network which it believes will meet the country's requirements. "We are preparing to go into multimedia as this is the direction that we are looking at now," Telekom
        MBT  -  234 words
      • COMPANY BRIEFS
        • Article
          Electronic Resources' Aussie venture
          60 7 SINGAPORE Sesdaq-listed Electronic Resources through its 70 per cent owned Australian subsidiary Electronic Resources Australia (ERA) has set up a Melbourne-based distribution company. Electronic Resource (Victoria). ERA has a 76 per cent stake in the Victoria-based subsidiary's share capital of AS 100,000 (S$ 103,600). The remaining
          60 words
        • Article
          Horiguchi explains sales figures
          49 7 SINGAPORE Horiguchi Engineering has informed the Stock Exchange of Singapore that its holding company and subsidiary company accounted for all the group's sales and contributions for year ended Dec 31. 1994. It said its subsidiaries in Malaysia and Indonesia had not started commercial operations yet.
          49 words
        • Article
          Foreign stake in Focal Finance
          30 7 SINGAPORE Focal Finance announced that foreign shareholders held a 10.6 per cent stake in the company at the end of the first quarter this year.
          30 words
        • Article
          Good response to TIBS' rights offer
          62 7 SINGAPORE TIBS Holdings yesterday announced that its recent rights olTer of 13.7 million warrants has been subscribed by 115.2 per cent at its close on April 4. TIBS shareholders accepted 95 per cent or 12.98 million warrants, while there were excess applications for another
          62 words
      • Article
        Lock icon China's H shares carry forex risk, warns Merrill Lynch
        396 8 Reuter HONGKONG Merrill Lynch said some of the Hshares of the 15 mainland China companies listed in Hongkong posed a currency risk because of an anticipated depreciation of China's yuan. "The most notable exchange risk facing foreign investors (H-share holders) is
        Reuter  -  396 words
      • Article, Illustration
        Lock icon BA, Virgin to settle suit out of court
        219 8 Reuter LONDON British Airways pic and Virgin Atlantic agreed to an out of court settlement of their "dirty tricks" case on Thursday, but the two airlines continued their public row over its terms and implications. BA said Virgin had claimed £29 million
        Reuter  -  219 words
      • Article
        HK market watchdog keen to nip rat trading
        282 8 HONGKONG The territory's market watchdog is considering removing the 10-minute settlement period after the market close in a bid to crack down on rat trading. Under rat trading, floor traders take advantage of transaction information obtained to buy shares through other brokers'
        282 words
      • Article
        Lock icon Yizheng listing seen as tonic for China stocks
        372 8 Reuter SHANGHAI The listing of 200 million A shares in Yizheng Chemical Fibre Co Ltd in Shanghai was an instant tonic to China's long-depressed A share market yesterday and will continue to be, stocks analysts said. Yesterday morning, the A share index
        Reuter  -  372 words
      • COMPANY BRIEFS
        • Article
          Lock icon Dow will drop 5% to 10%, says expert
          69 8 Bloomberg Business News NEW YORK The Dow Jones Industrial Average will drop between 5 per cent and 10 per cent within the next two months, Richard Eakle of Eakle Associates told CNBC. The market's rally is not broad enough to continue because
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Lam Soon (HK) net profit falls 45%
          68 8 Bloomberg Business News HONGKONG Investment holding company Lam Soon (HK) Ltd said its net profit in the financial year ended Dec 31, 1994. fell 45 per cent. In a statement to the Stock Exchange of Hongkong. the company said that profit, after tax
          Bloomberg Business News  -  68 words
        • Article
          Lock icon Wall Data shares plunge
          46 8 Bloomberg Business News REDMOND, Washington Wall Data shares lost almost half their value 47 per cent in heavy trading after the software maker said it could post a first-quarter loss instead of the big profit expected by Wall Street. Bloomberg Business News
          Bloomberg Business News  -  46 words
        • Article
          Lock icon Volvo to sell Swedish Match unit
          46 8 Reuter STOCKHOLM Swedish car maker Volvo is negotiating the sale of its Swedish Match unit to a group involv ing Baring Capital Investors, an industry source said. The deal is estimated at at least 8 million crowns (SSI.S million). Reuter
          Reuter  -  46 words
        • Article
          Lock icon HK developer cuts apartment prices
          56 8 Bloomberg Business News HONGKONG Wheelock Properties slashed prices on apartments in phase six of its Pare Oasis development by 8 per cent to HK56.420 (SSI. 155) per sq ft, the Hongkong Standard reported yesterday. Wheelock originally priced the first batch of 100 apartments at HK$7,OOO
          Bloomberg Business News  -  56 words
        • Article
          Lock icon Xerox pays CEO US$2.5m bonus
          44 8 Bloomberg Business News STAMFORD, Connecticut Xerox Corp paid its chief executive Paul Allaire a bonus of US$2.5 million (553.5 million) in cash and US$l.9 million in restricted stock incentives last year for improving the company's performance. Bloomberg Business News
          Bloomberg Business News  -  44 words
      • Article
        Lock icon Aussie broker McIntosh sees bleak year ahead
        318 8 Bernama MELBOURNE Australia's only listed sharebroker, Mcintosh Securities, in which Malaysia Mining Corp has a 6.1 per cent stake, said yesterday its outlook for 1994-95 was depressed, having traded in the red for the first three months of this year. It also said
        Bernama  -  318 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        524 8 Vessel Voy Wo Berth Arrival Departure Vessel Voy Wo Bertfi Arrival Departure Jurong Port cara*a wao 9509t P03 0704/2200 0804/2200 Asian Angel 1 J4/5 alongside 0804/2300 Cilia Batam 032 POIA 08 04/1200 08 04/1300 Brfan Mtfya 04/01/* 11 alongside 0804/2300 C<ia Batam2 015 P01A 07 04/1600 07
        524 words
      • Article
        CONTAINER SCHEDULES
        1422 8 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookini/Bataice RsHs Ship Voy Ho Etb/Btr Period From To From Aci lade 2328 09/1200 2A 07/WOO 08/0659 08/0900 4 08/1200 08/1459 08/1/00 Aci lade 233* 10/0800 3 08 0/00 08/1159 08
        1,422 words
    • CORPORATE FOCUS
    • FINANCE & COMMODITIES
      • Article
        OUB, AFC arrange US$80m loan for Thai bank
        379 10  -  By Soh Tiang Keng SINGAPORE Overseas Union Bank and the Singa-pore-based AFC Merchant Bank have arranged a US$BO million (Ssl 12 million) syndicated loan for Thailand's Laem Thong Bank. This loan from the Singapore Asian dollar market and international capital markets represents
        379 words
      • Article, Illustration
        Greenback touches new lows
        410 10 DBS Bank weekly currency review US$/mark: bears still dominate Bears returned on Thursday last week to end the dollar's brief recovery, dragging it down to a low of 1.3630 the following morning. The dollar then consolidated between 1.3665 and 1.3885 in the early part of this
        410 words
      • SMALL CHANGE
        • Article
          Lock icon Swiss Bank arm hires Kidder staff
          73 10 Bloomberg Business News NEW YORK SBC Capital Markets Inc, the US securities arm of Swiss Bank Corp, hired seven former employees of Kidder, Peabody Co for its government bond repurchase unit. Kidder collapsed last year under the weight of government investigations and losses in
          Bloomberg Business News  -  73 words
        • Article
          Lock icon Philippine credit card firm profits up
          61 10 Reuter MANILA Philippine credit card firm Bankard Inc said its profits soared 214 per cent in calendar year 1994 as income from interest charged against card-members nearly trebled. Net income surged to 50.39 million pesos (552.7 million) last year from 16.04 million pesos. Gross
          Reuter  -  61 words
        • Article
          Lock icon Hyogo Bank hit by stock price falls
          95 10 Reuter TOKYO Hyogo Bank Ltd, a second-tier regional bank based in Kobe, said its earnings for the year ended March 31, 1995, were hit hard by stock price falls. "We suffered from appraisal losses (on shareholdings)... We will announce details if needed." a
          Reuter  -  95 words
        • Article
          Lock icon Metrobank yet to pick investment bank
          74 10 Bloomberg Business News HONGKONG Metropolitan Bank and Trust Co, the Philippine's largest private commercial bank, said it has not yet named an investment bank to manage its planned sale of US$l5O million (*****.5 million) in certificates of deposit. Rival investment bankers were on Thursday
          Bloomberg Business News  -  74 words
      • Article
        Lock icon Questions of diversity threaten US banking behemoths
        336 10 NYT NEW YORK Are banking behemoths too ambitious for their own good? That is the tricky question implicitly posed by Michael F Price, the mutual fund manager who has suddenly become Chase Manhattan Corp's most important investor. The answer may have profound implications
        NYT  -  336 words
      • Article
        Lock icon Shanghai investors snap up 8.4b yuan of treasury bills
        171 10 AFP SHANGHAI Shanghai investors have snapped up 8.46 billion yuan (SSI.4 billion) of non-tradeable three-year treasury bills in less than a month after they were offered for sale, a newspaper reported yesterday. The Shanghai Star bi-week-ly quoted the Shanghai branch of
        AFP  -  171 words
      • Article
        Lock icon Exotic currencies fall further with weak US$
        362 10 Reuter LONDON Foreign exchange volatility is taking its toll on the multibillion-dollar international bond market and so-called "exotic" currencies are hearing the brunt. Already battling a year-long downturn in new-issue volume, Eurobonds debt raised on capital markets outside the issue currency's home country
        Reuter  -  362 words
      • Article
        Prices steady on mixed signals
        315 10 Bloomberg ENERGY REPORT LONDON Brent crude oil futures were little changed, halting a three-day, 4.7 per cent rise, as traders speculated about the likely impact of varying supply and demand figures. Prices were underpinned by concerns petrol supplies in the US won't be sufficient to
        315 words
      • Article
        Lock icon Currency Reports:London
        204 10 Reuter LONDON The dollar was counting the cost of another heavy night in the Far East that saw it start the European session at yet another fresh low on the yen. It plunged to a postwar record low of 83.75 yen despite intervention from the Bank of Japan
        Reuter  -  204 words
      • Article
        Lock icon New York
        93 10 AFP NEW YORK The dollar was sharply down against the yen, but up against other currencies in quiet early trading on Wall Street yesterday after the latest employment figures came out for March showing a slight increase. At 1425 GMT. the dollar was at 1.3820 marks against 1.3735
        AFP  -  93 words
      • Article, Illustration
        Untitled
        1645 10 /lode unfilled index lakvlaied asum\t Spare's tup 14 trading fxulnen Base year /W US$/S$ forward rates Noon /Apr 7 s$ Bid Oder 1-month 1.3993 1 4008 2-month 1.3955 1.3970 3-month 1.3923 1.3938 6-month I 3813 1.3833 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m m Apr 7 Singapore dollars
        1,645 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Players shrug off US$-yen crisis
        1379 11 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and Eurodollar futures shrugged off the dollar/yen crisis and ended little changed on position-squaring before the weekend. "Market players are sick and tired of the dollar/yen fluctuations already," said a dealer. "They want to square their positions and not
        Reuter  -  1,379 words
      • Article
        Tokyo gold at record low as yen rises
        661 11 COMMODITY REPORTS Gold TOKYO: The gold spot April contract on the Tokyo Commodity Exchange closed at an all-time low of 1.065 yen per gram, battered by the yen's ferocious strength against the dollar. The previous all-time low closing was on April 4
        661 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Inco Indonesia awaits govt approval
          75 11 TOKYO PT International Nickel Indonesia is awaiting government approval for its proposed expansion of nickel production but expects to begin work on the project by the end of the year, according to a company official. The firm reached an agreement-in-principle with the government late last
          75 words
        • Article
          Brazil group split on coffee retention
          84 11 VARGINHA. Minas Gerais Brazilian coffee market leaders last night failed to reach consensus on how to implement a coffee-retention plan, with some defending a quota system and others opposing it. spokesmen said. Growers favour govern-ment-financed retention, while exporters favour export quotas, meeting participants said.
          84 words
        • Article
          Turkish smelter defer expansion plans
          77 11 ISTANBUL Plans by state-owned Turkish mining and metals company Etibank to modernise and expand production at its zinc and aluminium smelters have been dropped in preparation for the plant's proposed privatisation. Etibank had previously announced plans to boost capacity at the Seydisehir aluminium smelter to
          77 words
        • Article
          Japan's Pacific boosts nickel output
          48 11 TOKYO Japan's Pacific Metals confirmed yesterday it has increased production of nickel contained in ferro-nickel 50 per cent to 36,00 C tonnes this year to meet demand for the metal from stainless steel producers. Nickel is a key ingredient in producing stainless steel.
          48 words
    • Article
      COMMODITY PRICES
      1513 11 SICOM Futures Rubber (futures closing as at 5.30pnt) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest May 95 265 00 I 1525 Jun 259.00 3375 Jul 252.00 248.00 253.00 125 1600 Aug 251.00 247.00 251.50 125 1600 Sep 250 00- 246 00
      1,513 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1015 12 +3.1 A LATE surge of overseas buying propelled stocks to a fourmonth closing high yesterday. The All Ordinaries Index closed at 1,983.4 points, up 3.1. The All Industrials edged up 2.0 to 2.943.9, while the All Resources climbed 4.0 to 1,260.0. Turnover was 212.6 million shares worth A 5419.3
        1,015 words
      • Article
        Manila
        628 12 -2.1 Share prices moved sideways on a minor technical correction as fund managers and investors took profits in anticipation of a long Holy Week vacation. The PSE Index slid 2.1 points to close at 2,443.3. Turnover was 1.81 billion shares valued at 1.17 billion pesos. "Many of the issues
        628 words
      • Article
        Taipei
        601 12 -56.88 Stocks closed lower amid profittaking and concern over escalating inflationary pressure, with electricals and plastic and chemical shares hit hardest. The 321-issue Weighted Price Index dropped 56.88 points to end at 6,518.83. Turnover was 1.15 billion shares worth NT555.55 billion. Falls outstripped rises 223 at 86, with 107
        601 words
      • Article
        Seoul
        471 12 +8.52 Share prices headed up on a technical correction following a recent steep drop. The Composite Price Index rebounded 8.52 points to close at 914.3 on turnover of 15.92 million shares valued at 312.8 billion won. Rises swamped falls 578 to 167. with 97 counters ended unchanged. "Trading was
        471 words
      • Article
        New Zealand
        311 12 1.57 Shares ended fiat, as the market finally consolidated after four days of exhaustive rallies that lifted the main index by nearly 75 points to its highest level since early November. The NZSE-40 Capital Index closed at 2,071.96, 1.57 points higher on moderate volume. The big mover of
        311 words
      • Article
        Bombay
        97 12 -8.55 Shares closed steady on reduced buying interest from local mutual funds combined with sporadic profit booking by operators in a day of dull trade. The 30-share BSE Index slipped by 8.55 points to 3,475.70 while the 100-share National Index gained 6.11 to 1,689.69. Brokers said volumes were thin
        97 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        1024 12 Britannia Funds Merlins Cash Bid Offer MimCapDepout 3* 6400 3* 6500 Mim Jer*> Gin .0.1 *93 0 IW2 Mini Max Income ****** •0 9400 L'S$ Cash Incomc Plus Fund I000U0 10 5300 PS Rcwoc Fund 5 4300 5*400 Sterling Fquit) Euro Performance 0.4592 ***** Far Eau Fund *2.7650 *2 9730
        1,024 words
      • Article
        London
        673 12 10.0 SHARES continued their recent good run, ending higher but with earlier gains pared by dollar-led weakness in the Dow. "The market has made quite significant progress. However, the valuation looks secure and we're comfortable with the current level," a trader said. "The domestic valuation against gilts is very
        673 words
      • Article
        Paris
        146 12 10.10 French shares ended higher and above the psychologically important 1,900 level for both the the cash index as the April future. Yesterday's US jobless data and a steady dollar boosted shares. Dealers were unsure whether the market, after four consecutive days of gains over the week, will continue
        146 words
      • Article
        Frankfurt
        200 12 +2.19 German stocks closed little changed in the post-bourse session as the dollar climbed against the dcutsche mark, easing concern export-driv-en companies face an earnings squeeze. The dollar rose to 1.3811 marks in late trading, up one pfennig on its opening. The dollar's spot rate against the mark has
        200 words
      • Article
        Brussels
        199 12 11.78 Belgian stocks rose as lower interest rates made returns on stocks more attractive relative to money on deposit and reduced the cost of company borrowing. The Bel-20 Index closed up 11.78 points at 1,353.24, its highest since Feb 15. "There is clearly the effect of the lowering of
        199 words
      • Article
        Milan
        160 12 16 Italian stocks closed higher as the lira rose and the expiration of share options stimulated speculative buying in underlying shares. "Especially at the end of the day, traders were buying stocks to manipulate prices in order to settle the options contracts," said a trader. Losses or gains on
        160 words
      • Article
        Amsterdam
        273 12 +3.72 Dutch shares rose for a fifth day to their highest level since March 3 as investors became increasingly confident the market may increase further on the back of lower interest rates. "It was about time," said a trader. "There were some sell orders, but there was quite some
        273 words
      • Article
        Stockholm
        120 12 +2.33 Swedish stocks rose to their highest close in almost seven weeks after the krona improved against the mark, adding appeal to Swedish securities. "It seems that people have become tired of selling." said a trader. The OMX Index rose 2.33 points to 1,172.89, its fourth rise in five
        120 words
      • Article
        Zurich
        299 12 +3.2 Swiss stocks rose for a fifth day, as financial shares like CS Holding tracked bonds higher. Traders said stocks were also buoyed by a rebound in the dollar, after it hovered close to its record low in pre-opening trading. The SMI Index of 23 stocks gained 3.2 points
        299 words
      • Article
        Toronto
        268 12 -24.52 Canadian stocks fell for a second session, amid a drop in consumer product shares, following Seagram Co's announcement it has sold most of its 24.2 per cent stake in DuPont Co. "The driving force in the consumer products side is Seagram." said a dealer "The consumer sector is
        268 words
      • Article
        New York
        819 12 •11.41 Stock prices turned mostly lower in active trading early yesterday as bonds reversed a strong start following a weaker-than-expected employment report. The Dow Jones Industrial Average, which edged up 4.84 points to a new all-time high of 4,205.41 on Thursday, was down 11.41 to 4,194.00 at I
        819 words
    • Article, Illustration
      Lock icon HONGKONG
      2902 13 Bloomberg Business News HONGKONG Slocks were little changed as investors shunned securities tied to the slumping US dollar. Some traders, concerned the greenback might suddenly rebound, bought Hang Seng Index futures in the last hour of trading, pulling up prices of underlying shares. Trading slowed, however, because many investors
      Bloomberg Business News; Source: Bridge Info  -  2,902 words
    • Article, Illustration
      Lock icon CHINA
      603 13 CLSA HONGKONG H shares closed virtually unchanged at 1,098.47 points. Yizheng was the most active stock, accounting for 26 per cent of market turnover of HKS62 million. The counter slipped 1.8 per cent. The Shanghai B Index dropped 0.4 per cent despite a recovery in the A market. The
      CLSA  -  603 words
    • Article, Illustration
      Lock icon TOKYO
      2553 13 Bloomberg Business News TOKYO Stocks tumbled for the third day this week on a growing conviction that the Japanese government is powerless to halt the surging yen, which cuts into the earnings at Japan's huge exporters, traders said. "It's basically a loss of faith in the authorities' ability to
      Bloomberg Business News; Source: Bridge Info  -  2,553 words
    • Article, Illustration
      Lock icon BANGKOK
      1865 13 Reuter BANGKOK Stocks rebounded in late afternoon on buying of blue chips after dipping sharply around noon on concerns over the weak US dollar and recent local interest rate rises. The SET Index closed down 7.61 points at 1,177.04 after falling as low as 1,160.31. Only 47.1 million shares
      Reuter; Source: Bridge Info  -  1,865 words
    • Article, Illustration
      Lock icon JAKARTA
      1178 13 Reuter JAKARTA Share prices closed lower on profit-taking, mostly in blue chip stocks, following modest gains in the first session, brokers said. "Profit-taking emerged almost across the board but blue chip stocks seemed to have suffered most." one broker said. Barito Pacific fell 125 rupiah to 2,850 from a
      Reuter; Source: Bridge Info  -  1,178 words
    • Article
      CLOB INTERNATIONAL
      2629 14 (ir Gr IW Lnl Vol l>ajr IaIOK l»i» IN* \U Nrt Mian High Low Company Safe (DUO) High lu» Bayer Srlfer (>l P f Nmil MALAYSIAN STOCKS 478 196 m MSB so. 436 12 W) 458 414 414 4W. 10 29 02 44 1 127 77$ m AMDB
      2,629 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks fall amid fears of rate, ringgit rising
        7016 14 Bloomberg Business News KUALA LUMPUR Stocks fell a second day as concern that the government may raise interest rates and allow the local currency to appreciate overwhelmed news of an upcoming general election. In its annual report last week. Bank Negara, Malaysia's
        Bloomberg Business News; Source: Bridge Info  -  7,016 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        8860 15 I MWNBOAWD Gr Or M Wl IW l<M Vol Oay Ijnt Quote Di» Di. VM Ne« Cap High Lw Company Mk COM) 11*11 loo Buyer Seller Or P'E S«il Price INDUSTRIAL AND COMMERCIAL 4*2 MX ml s Acma 50c 426 cd +2 91 426 426 426 42* 22 5 26
        8,860 words
      • Article, Illustration
        Lock icon Share prices drop sharply on concern over weak US$
        1929 16  -  By R Sivanithy SINGAPORE The ailing US dollar, which plumbed new depths yesterday, was chiefly responsible for a sharp drop in local stock prices. Observers said the apparent lack of a bottom for the currency threw earnings estimates into disarray, with
        Charts by Bridge Info; Source: Bloomberg  -  1,929 words
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      Page 6 Advertisements Column 2
      519 6 NEWS VALUE G-7 ministers to meet over forex rates (pg 1) Differences probably too wide to bridge. M'sian polling days set for April 24, 25 (pg 1) While no election rally seems likely, few would want to bet on a steep downturn either. FAN to revamp KL operations (pg I)
      519 words
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      202 7 I I Park Inn Health Centre] Latest luxurious health centre in the exclusive building just 5 minutes away from Orchard Road. 1 I Facilities available: 1 Swedish or Shiatsu massage, large changing room, steam sauna bath, cosy coffee lounge, TV Video resting room, individual massage rooms with telephone shower attached.
      202 words
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      350 9 BUSINESS TIMES LIFESTYLE EXCLUSIVE TRACK SUBARU'S MILESTONES OF SOCCESS... TO THE WORLD RALLY IN SHUN! TOP PRIZE ■HIBWIIIiBRBBIIHBiIBffIIWBWB 2ND PRIZE a SD/4N trip by A SD/4N tri v °y Business Class to Economy Class to Catalunya, Spain Catalunya, Spain Pure escapism! The very stuff that holiday magic is made of!
      350 words
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      128 11 Financial RSBJ News IKjgl A Quick Look At The I Mfl I Market! Call 24 hours a day for I SES KLSE midday I I reports, I market reports and business news. Cost: 30 cents a minute rgamsedby: INRllline An SPH AudioTex Service HMD Classified ads make finding a job
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      Page 11 Advertisements Column 2
      20 11 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.
      20 words
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      Page 12 Advertisements Column 1
      135 12 "The cabin is a triumph. "If cars were sold exclusively "Along with the wood and "The use of wood is subtle and Fine leather and wood blend on showroom appeal, then we leather, the 820 comes with pleasing, the leather trim is perfectly to create an ambience would not be
      135 words
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      109 14 ""H Stop by any Hong Leong Finance or Singapore Finance branch with your share scrips, allocation slips and contract notes. Period Blsctiws Discounted* %p.a. Receive cash over the counter up to 70V of the current 1 month 1.1 13.34 market value or cap price (whichever is lower). 2 months 1.9
      109 words
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      Page 16 Advertisements Column 1
      177 16 H V ®k J -V >v HER WORLD BRIDAL BAZAAR 1995 |S is the answer to all your wedding day needs, from apparel to zesty holidays 'igpM The Oriental Hotel ballroom 9.30 am to 4.30pm MB W .'J- Admission: FREE but those with a Bridal Bazaar Privilege Card will enjoy
      177 words
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      Page 16 Advertisements Column 2
      414 16 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 I OFFICIAL NOTICE We. THERESA SHIPPING CO PTE LTD ol 56 Neil Road, Singapore 0208. hereby give notice that in consequence of our intended purchase of the motor tanker ANDHIKAADHIPURUSA. We have applied to the Registrar of Singapore Ships, under section 386 of
      414 words
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      Page 16 Advertisements Column 3
      306 16 la Im Matter al lkeCampaatoetatCap.il tad lalto Halter al MO-MAI NOUNMt FTI LTI (to Mentors'Vdurtary Liquidator!) MUOOtr VOUMTMY VUBfIM W an Edraordtaapr Ganoid Maottng d to Momben oI to abMnamad Company duly omened and hald a 2201HJC. Worded Mills tod. Btoo. 31-39 Wo Tonfl Tsd St IM Chung N. T.
      306 words
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      Page 16 Advertisements Column 4
      502 16 j NEW ZEALAND UNIVERSITY OF OTAGO To mark its 125 th anniversary in 1994, ttie New I Zealand University of Otago established a 125 th I Jubilee Postgraduate Scholarship to assist one first class research student from Singapore to study towards the degree of Doctor of Philosophy or I towards
      502 words
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  • Executive Lifestyle
    • Article, Illustration
      Lock icon Beyond the pleasure parade
      1663 17  -  Boat Asia, currently being held at the World Trade Centre, is now in its fifth year. Shahiron Sahari talks to its founder and participants, and finds out what the exhibition has achieved so far Shahiron Sahari ON THE FACE of it, Boat Asia is nothing more
      Photos by Chris Loh  -  1,663 words
    • STRAWS IN THE WIND
      • Article
        Alienating Picard
        142 17 THE CREW of the Starship Enterprise may enjoy good credit in outer space, but when they come down to earth, it's cash up front, please. Patrick Stewart, who plays Jean-Luc Picard in Star Trek Generations, was booked to stay in one of Singapore's snazziest hotels by the film's
        142 words
      • Article
        Antarctic dreams
        58 17 AT A recent talk to promote tours to the Antarctic, these were some of the questions asked by Singaporeans: What is the best time to go Antarctica Singapore time, that is? How much money would the organisers advise be brought for the trip, besides for shopping? What else
        58 words
    • OPINIONS
      • Article, Illustration
        Colourful cast in the scramble for high office
        762 18  -  LETTER FROM MANILA The candidates are what make Philippine polls such a fascinating spectator sport STEVE VINES I'he writer, a Hongkong-based journalist who contributes regularly to BT. was in Manila recently IN MANY countries, there is an element of fiesta during election
        762 words
      • Article
        Work values that must be discarded
        820 18  -  Maggie Ford suggests ways to help older, jobless workers in the era of structural unemployment that is bound to hit Asia Maggie Ford The writer is a Jakarta-based journalist who contributes to BT THE rising value of the yen. following immediately after the widespread
        820 words
      • Article
        An alternative monetary system
        594 18  -  Gopal Panicker argues for a currency system based on trade blocs Gopal Panicker The writer is a BT journalist FOR more than a decade, the US dollar has swayed and dipped with every gentle turn of financial news. Analysts have offered many explanations for its current
        594 words
      • Article
        Free market not to blame for currency losses
        416 18 LETTERS TO THE EDITOR YOUR editorial "The currency market mayhem" (BT. April 4) labels as "hugely complacent" us freemarketeers. Left alone, the free market behaves as scientifically as the laws of physics. Any individual, any business or any nation that has suffered
        416 words
      • Article
        No Pakistani involved in fighting in Chechnya
        181 18  -  Sohail Ittehad Hussain Deputy High Commissioner of Pakistan THIS has reference to the article "Civilisation Clash in Chechnya?" by Professor Gennady Chufrin which appeared in your newspaper on March 25. The article mentioned, inter alia, that the "Russian Foreign Ministry was forced to
        181 words
    • VIEWPOINT
      • Article, Illustration
        Lock icon Champion of freedom and fair play
        2150 19  -  THE RAFFLES CONVERSATION A fortnightly series supported by Raffles Hotel Adi Sasono, head of a new Jakarta think-tank, the Centre for Information and Development Studies, talks to Yang Razali Kassim about the complexities of Indonesian politics and why Research and Technology Minister B J
        Photo from Republika Daily  -  2,150 words
      • Article
        Equity rather than ethnicity
        597 19 THERE IS no such thing as ethnic politics in Indonesian business, says Adi Sasono. "In Indonesia, the fundamental underlying issue is political, not ethnic. For instance, if you talk about democracy, we mean not just democracy in politics but also economic democracy. This means social justice
        597 words
      • Article
        Singapore's role in the region
        463 19 ASKED ABOUT the future of Singapore in a fast changing region where Indonesia will inevitably predominate, Adi Sasono ponders a long while. Then he says: "That is a good question. It makes we wonder." He goes on: "In the first place, it depends very much
        463 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS EYE
        • Article, Illustration
          BT SENTIMENT INDEX (Apr 10-14)
          566 20 Those polled on their views of the Singapore stock market for the week ahead: Alliance, Baring, Credit Lyonnais Securities, DBS Investment Research, Fraser Securities, G K Goh, Morgan Grenfell, Nomura, Phillip Securities, SBS HG Asia, S G Warburg Smith New Court. Buy! Salomon Brothers Singapore
          566 words
        • Article, Illustration
          In my opinion...
          402 20  -  Jack Chua President ERA Realty Network S this a good I time to buy, or J. should I wait, 1 I've been asked time and again. Investing in real estate has become the single most frequently and passionately debated topic at dinner tables or social gatherings. If
          402 words
      • Article, Illustration
        A pre-election KL stock rally? Don't bank on it, if history is any guide
        706 20  -  THE WEEK By Joyce Quek WHATEVER thrill the April 24-25 Malaysian general election may bring, don't count on any excitement spilling over to the Kuala Lumpur Stock Exchange. If history is any guide, those who counted
        706 words
      • Article
        A Sesdaq stock that institutions find worthwhile venturing into
        1100 20  -  Lilian Ng finds out what makes Venture Manufacturing stands out from other electronics contract manufacturers Lilian Ng The writer is a regular contributor to Singapore Business. This article first appeared in the April issue of the magazine. VENTURE Manufacturing Singapore is
        1,100 words
      • Article, Illustration
        Lock icon Sentiment fragile in Indonesian market
        437 20  -  Eve on the region And liquidity may constrain its upside, says Andrew Pearson Andrew Pearson The writer is research head of P T Peregrine Sewn Securities Deteriorating sentiment on the back of seemingly endless setbacks, of which the yen appreciation is the most recent, has
        Source: Bridge Info  -  437 words
      • Article
        Untitled
        806 20 Launch I mth 3 mths 6 mths 1 yr 2 yrs 3 yrs Ranking as at April 3, 1995 Singapore Straits I ines -1.58 -6.54 -10.27 0.59 25.46 48.03 Credit Lyonnais Singapore Gr 28.07.69 -0.22 3 -6.04 9 -20.96 10 -6.04 10 56.64 2 120.49 I OCBC Savers Capital Fund
        806 words
      • Article, Illustration
        The lure of Malaysia's secondary stocks
        770 21  -  Nomura Research sees a more lively year ahead for many second hoard counters, going by their potential as reverse takeover candidates. Joyce Quek reports Joyce Quek SPECULATIVE retail interest fanned by the upcoming Malaysian general election has returned to Kuala Lumpur's second board. The
        770 words
      • Article, Illustration
        Pitfalls in selling a property
        974 21  -  By Agnes Wee Stories of property owners making a bundle from selling their homes in a booming market are enough to tempt many people to jump on the bandwagon for a fast buck. But selling a property is not without its pitfalls. It pays for
        974 words
      • Article, Illustration
        Developers urge HK government to ease restrictions
        1032 21  -  From Lim Soon Neo in HONGKONG TEN of the top 20 Hong-kong-listed firms are property and/or construction companies or groups heavily committed to property and construction. With property-related loans comprising some 40 per cent of bank lending at end-1994, even the banks' fortunes
        1,032 words
    • Article, Illustration
      Flimsy piece of patchwork
      725 22  -  Cinema Review By SUSAN TSANG READY TO H EAR is a translation of the !French Pret-a-porter. the film's original .title, which refers to lower-priced massproduced designer fashions. These designs are paraded at a week-long fashion show in autumn, which is the setting of Robert Altman's latest
      725 words
    • Article, Illustration
      Einstein's unlikely experiment
      635 22  -  By JAIME EE '.THERE ARE two ways to describe the :Mo vie IQ and it's not "brilliant", or stimulating". If anything, the word "implausible" Jomes to mind. So does "yawn". It's like Btting in on a lecture where the teacher's Seasonably interesting but once he starts 'Talking
      635 words
    • Article, Illustration
      Distinctive points of view Distinctive points of view
      775 22  -  Exhibitions By SUSAN TSANG SENSUALITY And Surrealism, an exhibition now m. at the Opera Gallery, showcases the distinctive visions of two women artists. The sensual view belongs to Kelyne. while Isabelle Plante paints the surreal pictures. Kelyne was born in Vietnam, and
      775 words
    • Article, Illustration
      Lock icon Songs of competition and collaboration Songs of competition and collaboration
      989 22  -  Book Review By CHUANG PECK MING A Hard Day's Write By Steve Turner Carlton 208 pages, $46.25 IT WAS simply a flash of inspiration. The tune for Yesterday came into Paul McCartney's head one morning as he jumped out of
      Photo from A Hard Day's Write  -  989 words
    • Article, Illustration
      More home ideas
      947 23  -  Corinne Kerk finds put what new temptations are in store for customers at Ikea's new Alexandra Road premises Corinne Kerk ADMIT it. How many of you go shopping at Swedish store Ikea. only to end up with more items than you had originally intended to buy? Apparently,
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    • SPORTS
      • Article, Illustration
        Lock icon Veteran Nicklaus shows the way on a damp day
        979 24 US Masters UPI AUGUSTA This was the year the youngsters were supposed to take over at the Masters. Once again, however. Jack Nicklaus failed to get the message. On a gloomy, often damp day at the Augusta National Golf Club, Nicklaus
        UPI; AFP  -  979 words
      • Article, Illustration
        Lock icon Round 1 goes to Holmes
        584 24 NYT LAS VEGAS In baggy jeans and loose-fitting T-shirt, Larry j,£lolmes worked the dining worn at Caesars. Whether you f>gked for it or not, he signed autographs on table linen. And after his workouts, with a towel around his shoulders, he looked out over the
        NYT; AFP  -  584 words
      • Article
        Lock icon Tiger Woods — amateur teenager with a professional touch
        776 24  - Tiger Woods amateur teenager with a professional touch Youngster emerges as the Masters' new face, writes Dave Anderson Dave Anderson NYT AUGUSTA, Georgia On the first green of his first Masters, 19-year-old Tiger Woods walked 40 feet from his ball to the cup, walked back, hunched over, glanced at the
        NYT  -  776 words
      • PUTTING SHOTS
        • Article
          One at Arnold's cost
          63 24 JACK NICKLAUS' first-round 67 was just one shot off the Masters lead, but he seemed a little miffed when asked if he thought he had a chance to shoot his age 55. M I had a chance to shoot Arnold's age," Nicklaus said, referring to his
          63 words
        • Article
          Beck is in, compass is out
          80 24 A CADDY'S compass forced Chip Beck to get a ruling from the competition committee on Thursday to stay in the Masters. Beck mentioned during an interview following his 4-under-par 68 opening round that his caddy had used a compass to determine wind direction. It
          80 words
        • Article
          Scoring trivia
          53 24 THE rain that softened the greens at Augusta National helped produce 33 under-par scores from the field of 86. There were 15 scores in the 60s and nine others finished even par. The field's scoring average for the first round was 73.105. There were eight eagles, 246 birdies
          53 words
        • Article
          72-year-old Ford's had enough
          43 24 DOUG FORD, the 1957 Masters champion, has withdrawn from the tournament after a first-round 88. The 72-year-old's card, which included two 7s and two 6s, was his highest score here since making his debut in this event in 1952.
          43 words
        • Article
          Technical pros and cons
          104 24 JACK NICKLAUS got a shock playing a practice round at the Masters with Vijay Singh. The Fijian hit a second-shot pitching wedge to the green on the par-four, 485-yard 10th, a five-iron second shot into the wind at the 500-yard par-five 15th. "Even in my longest
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      • Article, Illustration
        Lock icon Price lags behind after frustrating 1st round
        308 24 AP AUGUSTA, Georgia Ben Hogan can rest easy. His distinction as the only person to win three straight major tournaments in the modern era appears safe. Nick Price entered the US Masters on Thursday looking to join Hogan as the only man to
        AP  -  308 words
      • Article
        Lock icon Ivanisevic puts his bad knee behind and takes a step to Wimbledon
        398 24 Reuter SPLIT, Croatia Big-hitting Goran Ivanisevic, all set to return to tennis action in Barcelona on Monday, is already thinking of the Wimbledon title which has twice narrowly eluded him. The 23-year-old Croat has been recovering in his
        Reuter  -  398 words
      • SPORT SHORTS
        • Article, Illustration
          Basketball
          22 24 NEW YORK NBA ThursdayWashington 123 Phoenix 127; Denver 100 Seattle 106; Golden State 102 Houston 110; Sacramento 94 San Antonio 96.
          22 words
        • Article, Illustration
          Lock icon Cricket
          93 24 Reuter SHARJAH Captain Arjuna Ranatunga lifted Sri Lanka with 71 in 72 balls as Bangladesh produced their best out-cricket in a one-day international on Thursday. Bangladesh bowled out a Test-playing team for the first time in 11 limited overs matches, dismissing Sri Lanka for 233 in the Asia Cup
          Reuter  -  93 words
        • Article, Illustration
          Golf
          226 24 AUGUSTA, Georgia Masters Ist rd Thursday (US unless stated; a denotes amateur); 66 David Frost (SA), Phil Mickelson, Jose Maria Olazabal (Spn) 67 Jack Nicklaus. David Gilford (GB), Corey Pavin 68 Chip Beck, Mark O'Meara 69 Scott Hoch, Hale Irwin. David Edwards. Lan Woosnam (GB). Wayne Grady (Aust). Lee
          226 words
        • Article, Illustration
          Lock icon Rugby
          51 24 AFP CARDIFF Icuan Evans was sacked as Wales captain for the World Cup on Thursday and Cardiff centre Mike Hall has been given the role as Wales attempt to recover from a dismal Five Nations campaign and make their presence felt in this summer's World Cup in South Africa.
          AFP  -  51 words
        • Article, Illustration
          Soccer
          92 24 PARIS Holders Arsenal struggled to a 3-2 victory over Sampdorla and Chelsea were trounced 3-0 by Real Zaragoza in the European Cup Winners' Cup semi-finals on Thursday. Hopes of an all-London final evaporated with the Spaniards' demolition of Chelsea, and even an English finalist looks doubtful after Arsenal twice
          92 words
    • TIME OFF
      • Article
        PERFORMANCES
        308 25 Dick and Ja The Early Years You can almost hear a voice singing "This is my life storeee..But this tongue-in-cheek look at the life of Mr amd Mrs Dick Lee goes beyond that. Until tomorrow. Bpm at the Victoria Theatre. Tickets at $16. $26 atui $36 from Music and
        308 words
      • Article
        CONCERTS
        93 25 SSO in Concert Cellist Qin Lai Wei is the guest this time round. This week's pick includes Beethoven's Coriolanus Overture, Dvorak's Cello Concerto in B and Tchaikovsky's Symphony No 4. Today, Bpm at the Victoria Concert Hall. Tickets at $6. $10. $14. $20 and $30 from Sistic outlets. Chanticleer
        93 words
      • Article
        S'PORE FILM FESTIVAL
        400 25 Into its Bth year, this year's festival is entitled "A Celebration of the Centenary of Cinema", features participants from 37 countries and runs from Apr 13 to 29. All films rated PG unless otherwise stated. R(A) movies are restricted to patrons 21 years and above. Tickets for
        400 words
      • Article
        FILMS
        87 25 Omnimax Films Tickets at SlO for adults and $4 for children under 12 years. Closed on Mondays. NB: The Omnimax is located next to the Singapore Science Centre. Star Seekers Take a journey to the stars and go beyond space to the edge of the universe. See how space
        87 words
      • Article, Illustration
        EXHIBITIONS
        239 25 Boat Asia '95 A chance to view the latest and greatest in marine transportation. Until Apr 9. World Trade Centre. See story on EL 1 Sensuality and Surrealism A joint exhibition of paintings by French women artists Kelyne and Isabelle Plante. focusing on the workings of the "inner world".
        239 words
      • Article
        TALKS/COURSES
        231 25 Seminar on Living, Working and Doing Business in India Jointly organised by Singapore International Foundation (SIF) and the Singapore Trade Development Board, the seminar will focus on living, working and doing business in India. Apr 11 and 12. 9am to spm at Export Institute of Singapore. Design Centre. 3rd
        231 words
      • Article
        MISCELLANEOUS
        58 25 Healthline on Aids, Pregnancy, Menopause, Healthy Food A toll-free telephone service by the Ministry of Health specially designed to answer medical questions on the above topics. Call 1800-742-2066 Wyeth Cares for Mothers A 24-hour helpline service sponsored by Wyeth (S) Pte Ltd specially for mothers-to-be and new mothers. Now
        58 words
      • Article
        AT THE SUBSTATION
        51 25 A Visual and Verbal Forum Artists Thomas Yeo, Prabhakara, Lim Tiong Ghee. Milenko Prvacki and others present their works. Until tomorrow, at the Gallery. Mi The Sub's Square A bazaar with artefacts and collectibles at bizarre prices. Check 'em out. Every Sunday, Ham to spm at the
        51 words
      • Article
        TICKETING
        142 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
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    • PEOPLE
      • Article, Illustration
        Lock icon Welcome back to the Mandarin
        278 25 MORE than 1,000 guests were invited to the Mandarin Singapore's relaunch on March 16. Ranging from company chief executives to ambassadors, they turned up to admire the. renovated Orchard Road hotel, now transformed into a "brand new product" incorporating the latest in technological developments, interior
        Photos by Arthur Lee  -  278 words
    • EPICURE
      • Article, Illustration
        Fiery flavours
        661 26  -  Bon Appetit By JAIME EE THE PEOPLE of Chongqing, in China's Sichuan province, must have tastebuds of steel. I always thought it a major accomplishment that some little old Chinese ladies could pop chilli padi like peanuts, but I bet the people in Chongqing probably think nothing of
        661 words
      • Article
        A buffet, a change of menu, and a birthday
        398 26  -  By JAIME EE THIRTY-FOUR dollars seems like a lot to pay for char kway teow, but when it comes with a buffet that includes oysters and smoked salmon, it's not a bad deal after all. Besides, the char kway teow which
        398 words
      • Article
        Buying Italian wines in Singapore
        750 26  -  Wine By N K YONG A FEW DAYS ago, a friend wanted to know where to buy a good bottle of Italian wine. It was not difficult to give the correct information, but in thinking of a suitable answer, it struck me that the choice
        750 words
    • Article, Illustration
      CINEMA
      1025 28 Angels. A kid thinks that if the hopeless local baseball team wins the pennant, he'll have a family. So he prays. And manager Danny Glover sees miracles. Yishun: 10.25; 5; 9.20. Broadway: 1; 9.15. Blindfold: Acts Of Obsession. Shannon Doherty and Mike Woods are a married couple trying to
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      67 17 JUST DESERTS Legal discourses In digestible portions. The Law Page. Every Thursday. Business Times 4 v ~s*v i "J Les Charms d'Or de Cartier. m f rjt. f* im Cartier JEWELLERS SINCE 1847 Cartier's "Charms" are now available exclusively at Cartier boutique/ Singapore Ngee Ann City, Tower B, #01-11, 391
      67 words
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      Page 18 Advertisements Column 1
      27 18 BUSINESS TIMES TOLL-FREE TEL. No. 1-SOO-741-1883 FAX 741-1298 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... Appointments or Notices, call toll-free 1-800-741-1883 I The Strait* Times 1
      27 words
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      Page 18 Advertisements Column 2
      619 18 IN THE MATTER OF THE COMPANIES ACT, CAT. 30 AND IN THE MATTER OF ASIAN GOLF MANAGEMENT PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) Al an Extraordinary General Mediae of the Mentors of ASIAN GOLF MANAOEMENT PTE LTD daly eoaveaed and held al 13 Beach Road •03-02 Beach Centre Singapore 0718
      619 words
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      Page 18 Advertisements Column 3
      313 18 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF RHL INVESTMENTS PTE LTD (IN LIQUIDATION) Extract of the Minutes of an Extraordinary General Meeting signed by the Representative of Holding Company relating to Proceedings of Subsidiary Company pursuant to Section 179(6) of the Companies Act,
      313 words
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  • Page 21 Advertisements
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      33 21 St' s *^^te&M&tifiiM i V H ■1 91 JP& H M *^ff i' if mJBI ROMEO GIGuHBjH HH^ Club 21 Men *01 09 Four Seasons Hotel Singapore *****31 A < lUB I bOl TIQUf
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  • Page 25 Advertisements
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      Page 25 Advertisements Column 1
      142 25 El Primero autonwtk chronograph movement EirliMivt ly .»T. t r /J M J Akon t hyowl n> M I MjriliiwSqiunr W2OOI E>pii (jlnMy Td 72W4Z Coriiu Walrii C«Hn Pit LM Wl-36 bffln CN; Shoppnf Crnlß Trf: 39WIS 01- :W.>- L 32U Ay T 7Xam > E W-A l Trf 2M»*
      142 words
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  • Page 26 Advertisements
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      Page 26 Advertisements Column 1
      25 26 PORT SHOTS The latest in sea, air u and land trans p° rtat n >\ Shipping Times Monday to Friday 11 SINGAPORE* f 1 BusmessTimes WiBtOWAM
      25 words
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      Page 26 Advertisements Column 2
      47 26 i MS. ouMaary<*K*>A*»«»l*» vHBmI^HPIHi VHmHHPHL <,w BOOK NOW for the KTV Rooms special promotion (For reservation please call *****36) Company P»rty Product Launch Dinner Danca or just anything you can imagine. We got everything you need to make your event 101 Th °S^iwl d Tal: 3S« 1136
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      Page 26 Advertisements Column 3
      446 26 WHERE TO WINE, DINE AND ENTERTAIN K 11 11 lllMTMlir 1 1 dl—--iD Qid e English Eating House (I Wm 277 Orchard Rd #02-38 Specialists' Centre S (0923) ||B fj $2= CB1) PASS! mm When you spend $25/- or more at Fosters for lunch or afternoon tea from Mon-Sat, show
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      301 27 M This BUD's For You: WHERE TO WINE, DINE AND ENTERTAIN OF BEERS^^^ Ivj V 1 Jm V ,w ff L Homteookid Pitta 1 10 Varieties of Pasta 20 different sauces |LM And all-time Italian favourites J antipasti, pizza and puccia. L PASTA FRESCA DA SALVATOtt PTE LTD M I•
      301 words
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      Page 27 Advertisements Column 2
      349 27 "Uftigtf Qea it arts at fftAyh Qiooa Dun'l miss our Ui'liciouh llij;h Tea Buffet available from 12 UlHlll lu s|>lll every weekend. I'ricc: $13.H0 (.ulull) *8.80 (child) A La Curie Menu is .llso available. All |*xn .iiv In MM wtvin' i h.ii>;i\ IS lai awl M IM' lor icwrvalloiik, |4nw
      349 words
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      Page 27 Advertisements Column 3
      296 27 DIALECT HI-TEA Mr Whether you're fluent in many languages or just one, you'll have no problems appreciating our new weekend Dialect Hi-Tea selections at Cafe Plaza. Savour an array of dialect delicacies and tempting desserts. If that's not enough, our Dialect Hi-Tea also includes karaoke at Singsation Theme Karaoke. Hi-Tea
      296 words
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      Page 27 Advertisements Column 4
      249 27 Celebrating Fish Let s drink to fish. Bouillabaisse or Tom Yam? Top of the M celebrates fish with a lunch buffet of every imaginable fish recipe. Salmon, sole. snapper, sea bass... if it can be caught, it can be cooked. And we know all the delicious wags. fTj Continental or
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  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      2554 28 TODAY'S TV 6.30 Germany Live (See Our 11.00 Mask. il iffj 1 L'Jm x W" 11.30 Superboy. 7 qq Inquiring Minds. "M 12.00 Berita Jam 12. She-Devil, 8.30pm, Ch5 Germany Live, 6.30pm, Ch 12 7.30 Berita 12 (M). 12.15 NN Kelab Kanak-Kanak. 1989 adaptation of Fay Wei- Christine Reinhart brings
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