The Business Times, 9 December 1995

Microfilm: NL20503
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA(P) 194/12/94 85< SINGAPORE Internet: http://www.asia!.com.sg/biztimes WEEKEND EDITION, DECEMBER 9-10,1995
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  • Article
    MARKET SUMMARY
    61 1 nm M 144 M (-11.72) VTOOHP mm tmsa-nM) SSmlw STOCK HAKKET OUNCES W% ClUMgt KLSECOMP KMC -9M NDKH I9JMJ7 -UU3 HAM! SENG MCU! 4X1 SFt INDEX 1JMLC4 -7.« JAKABTA COUP Mitt +1M MANILA COUP—1MJ4 MM TAIPEI WH .4JMJ4 +87.41 SEOUL COMP MSA -LSI BOMBAY BSEM-.JJRJS -4UB CLSACHNAB MM
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  • Article
    FINANCE
    63 1 —i wiimg m m PHI- 1.411 I litl 1M Ml- MM «J7B fm— Mil Law nuft-J —J,Mi- ojm WflA* IM Ma_.__i.MI im us SINGAPORE* _t,44 KUALA LUMPUR 8.1k jWTA 17J0 MWlU IttJI WNOKONO IH TAIPB 8.M SYBMElf lt» TOKYO, Jt.M WOOL* 11M ZURICH** 4J» FMWURT- :*M LONDON US NEW
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  • Article
    SES lays down criteria for listing on new foreign board
    697 1  -  Companies most have pre-fiotation capital •fat least $30m, jobs worth $300 m By Ven Sreenivasan [SINGAPORE] Infrastructure companies wishing to list on the proposed new foreign board of the Stock Exchange of Singapore must have a preflotation capital of at
    697 words
  • Article
    Camerlin buys 5% of Australian food group
    366 1  -  Siigapare-haaed conMrtinm said to have paid mare than As2om FYom Florence Chong mSydhey vCAMERLIN Pte Ltd, the Sin-gapore-based consortium led by Malaysian tycoon Quek Leng Chan, has spent more than Atao million (5120.8 million) to acquire a 5 per cent stake in an
    366 words
  • Article, Illustration
    'King of remisiers' gives up job to look after his children
    452 1  -  By Conrad Raj [SINGAPORE] Singapore's biggest and wealthiest remisier, Peter Lim Eng Hock of Kay Hian James Capel, has quit stockbroking to look after his two children while fighting for their custody in divorce proceedings. Dubbed "the king of
    452 words
  • Article, Illustration
    Rafiq Jumabhoy to take up option for 7.8m Scotts shares
    403 1  -  By Catherine Ong [SINGAPORE] Former Scotts Holdings' managing director Rafiq Jumabhoy has announced his intention to exercise a disputed option for Scotts shares, in a move likely to escalate a family tussle for control of the hospitality and property group.
    403 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      133 1 Wggg^i Corporate gMdwffl What companies are doing tonßSlft fw the needy in tills season of gMng. ELI ujvn Make the most of those «fwiwmkt«H miles in Frequent Flyer Programmes, BUI qp kr No Impact Even appotntnMßt of outsider Chng Hee Hok, MP for Tampinot, as CIO last month did not
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      Page 1 Advertisements Column 2
      130 1 IK- OUB RenoPlus is the only home renovation loan smart enough to help you save money. You'll pay one of the lowest interest rates W?-j in town at Prime* 3% p.a. (monthly rest). You'll also earn an extra 2% interest on your Multi Link deposit, up to your RenoPlus loan
      130 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Computer network to link ethnic Chinese launched
      380 2  -  By' Teh Hooi Ling THE Singapore Chinese Chamber of Commerce and Industry (SCCCI), which yesterday launched the world's first computer network to link up ethnic Chinese executives all over the world, intends to run the network commercially. President Kwek Leng Joo said SCCCI
      STEPHANIE YEOW  -  380 words
    • Article
      S'pore Power, Indon utility sign MOU
      234 2  -  Affiance will seek out ODDortnnities in power projects By\ S N Vasuki SINGAPORE Power Pte Ltd (SP) and Indonesian stateowned utility PT PLN signed a memorandum of understanding yesterday aimed at forging a strategic alliance for ftiture power projects. The two utilities' first un-
      234 words
    • Article
      3.7% of expats in Indonesia S'porean
      240 2  -  South Koreans, comprising 19.1% of foreign work force, form largest group Byl Chuang Peck Ming [SINGAPORE) Singaporeans make up 3.7 per cent of the 41,966 foreign workers in Indonesia. according to a study presented yesterday at the Federation of Asean Economic Associations Conference here.
      240 words
    • Article
      MFA launches Internet homepage
      125 2 THE public can now access a variety of information about Singapore and its foreign policy on the Internet The Ministry of Foreign Affairs' homepage on the Internet was launched by Professor S Jayakumar, Minister for Foreign Affairs, yesterday. Its Web address is: http://www.ontc.ncb.gov.sg/ ~ncs/mfa/. The homepage
      125 words
    • Article
      Park & Ride scheme improved
      291 2 Park Ride scheme improved THE Park Ride scheme has been enhanced to include buses, more carparks and longer parking hours. Launching the extended service yesterday, Transit Link Pte Ltd said the improvement was in response to feedback from the public that the former scheme was not convenient enough. Currently, only
      291 words
    • Article
      NSTB in joint venture to market Chinese innovations
      173 2 THE National Science and Technology Board (NSTB) and China's State Science and Technology Commission have agreed to set up a joint venture company to commercialise Chinese know-how and technological innovations. They signed a Letter of Intent to form Sino-Singapore Technology Inc (SSTI)
      173 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      434 2 TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1298 OFFICIAL NOTICE PROPOSAL TO CHANGE OF SHIP'S NAME We, Steamers Kimanis Shipping Re Ltd, 325 Telok Blangah Road, Singapore *****1, hereby give notice that in consequence of our intended change of name of the vessel "MV. KIMANIS", we have applied to the Registrar of
      434 words
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      Page 2 Advertisements Column 2
      294 2 OFFICIAL NOTICE PROPOSAL TO CHANCE OF SHIP'S NAME We, Straits Shipping Re Ltd, 325 Telok Blangah Road, Singapore *****1, hereby give notice that in consequence of our intended change of name of the vessel "MV. WOTAN", we have applied to the Registrar of Singapore Ships, under Section 386 of the
      294 words
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      Page 2 Advertisements Column 3
      138 2 M THE MATTER OF THECOMPAMESACT. CHAPTER 90 AND M THE MATTER OF BORDEAUX PTE LTD (MEMBERS VOLUNTARY WBCNNQUP) NOTICE OF FB4ALMEETMQ NOTICE is hereby given mat the FINAL ygmwn of the abovenamed Company will ba haid at Mersey Chambers, Uvarpooi, Unrtad Kingdom on 9 January 1996 at 10.00 a.m. for
      138 words
    • Advertisement
      Page 2 Advertisements Column 4
      49 2 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
    • Advertisement
      Page 2 Advertisements Column 5
      40 2 Swiss Investment advisor accepts new accounts for your penonnal Investment Management Efficient and confidential. For information about our investment partnership and to meet, please write to HanMg'Holding L*L, Mabon Tiligrat, Box 29$ CH-7075 Churwalden Switzerland Fax: 005 41 81 *****43
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      316 2 THMWEAT™* Hlnpiporei Showers over several areas in the afternoon. Temperature (23-31) Aaddaad Shows AMfaSL Oovty mC*"* 'ctowfy 3IVIB Sony Aflmt 16/07 CJoudy Bom* Arm 24/14 Shown Bepf OV-7 Qouct> Berth 01/-4 Cloudy Chfctt) -&M 7 Onxtv Boifciy 33/23 Oondy Boa <OM Cloudy Hooohriu 27/22 Bmm Btubb 23/30 Ran Oopahapt 01-3
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  • FOCUS: PERSONAL FINANCE&INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Seutiment Index
        681 3 Those polled for their views on the Singapore stock market's outlook the week ahead are: Alliance, Barings, Fraser Securities, G KGoh, Kay Hian, Deutsche Morgan, Nomura, Credit Lyonnais, SBC Warburg. Bay! BTBUpMUiag4]fcowrtagLti(SrSE):STSE is already seeing the fttll benefits of a 40,000 dwt dock it installed in April
        681 words
      • Article, Illustration
        In My Opinion...
        434 3  -  Quah Seen Tong MrfNMRk USHrtiilkKi (hr—rfrftM fTwHiw) 995 was a terrible I year for most stock JL markets in the world, except for the US which saw the MSCI United States Index gaining 32 per cent, and Europe (mainly due to London) gaining 10 per cent, as
        434 words
    • Article
      Thakral: Not much initial upside?
      569 3  -  Debut on Monday unlikely to see much fanfare given investor sentiment on IPOs and their aversion to US$ issues By] Lee Yoke Har [SINGAPOREI GIVEN local investors' general aversion to US dollar-priced issues, Thakral Corp's shares are unlikely to debut to much fanfare. Investors are
      569 words
    • Article
      Eastern Publishing's 36-cent offer fairly priced: analysts
      629 3  -  But don't expect steck to trade above 50 cents for some time yet, they warn By Ven Sreenivasan EASTERN Publishing's Sesdaq initial public offer of 14 million new shares is targeted mainly at retail investors. Led by its managing director Stephen Tay and
      629 words
    • Article
      Lock icon Little guy's always wrong? Not these days on Wall St
      382 3 Bloomberg Business News (NEW YORK] Ana Badilo, a 40-year-old customer service representative, was on her way to a brokerage office in New York City to look over her stock investments. "I don't keep my money under my mattress," she said.
      Bloomberg Business News  -  382 words
    • Article, Illustration
      Lock icon Recovery by Thai stocks only temporary: investors
      480 3  -  Rebound dne to return of foreign funds, bat few taking long-term positions From Alan Boyd in Bangkok THE hesitant rebound in Thai stocks is expected to be short-lived, with investors keeping an anxious eye on US interest rates and the plunging earnings of
      ALLAN  -  480 words
    • Article
      Unit trust performance ranking
      658 3 Nest pvbttnta date: Jul 1996 wmrnmm*9m%wm (■aMtMAM' m 441 4J .4J* LM «UI Credit Lrotwais Sraaapo*Or 28 07 69 2.24 7 -pi 10 -6.1* 7 -7.14 1 -UJ1 10 14.42 2 OCBC Saven Capital Fund 27 04 87 JjOS 6 -2-11 4 -0 *0 2 1.04
      658 words
  • Page 3 Advertisements
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  • REGION
    • Article
      Business confidence surpasses expectations
      413 4  -  TOKYO Latest BOJ survey confirms emergence of economic recovery, says analyst By Anthony Rowley THE Bank of Japan's latest quarterly survey or Tankan, which was published yesterday, revealed a somewhat stronger than expected upturn In confidence among Japanese businessmen during November. Analysts said last night that
      413 words
    • Article, Illustration
      Lock icon Cool cash for Japanese govt workers
      42 4 [TOKYO] Bank employees counting Japanese 10,000 yen bills at a bank in Tokyo yesterday. About 4.5 million national and local government employees receive a total of 4.04 trillion yen (5556.2 billion) in winter bonuses yesterday. AFP
      AFP  -  42 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1347 4 CITY FUGHT ETA FLIGHT* ETD EK072 1710 S0174 1430 Abu Dtwtol GA890 0045 SOTO W20 EM73 2325 Adelaide 0F81 1930 0f82 20$) Kon 9 ***** 0040 UA002 0815 RJW7 0130 UA001 OKK CX710 0840 S0001 1140 S0860 0915 Amsterdam S0/D125 0645 GA890 0045 CX717 1235 CX714
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    • Article
      Lock icon Japanese FDI rises with yen
      251 4 TOKYO AFP THE strong yen sent Japanese foreign direct investment (FDI) surging more than 25 per cent in the six months to September, with Asia and the United States the most popular destinations, officials said on Thursday. But not everyone was a winner. China led
      AFP  -  251 words
    • Article
      Lock icon HK to be model for reuniting with Taiwan?
      152 4 HONGKONG AFP Reuter HONGKONG'S 1997 takeover by China will set a "model" for reunification with Taiwan, Chinese President Jiang Zemin was quoted as saying in a Beijing-funded newspaper here yesterday. Mr Jiang told some 15 tycoons from Hongkong during a meeting in
      AFP; Reuter  -  152 words
    • Article
      Lock icon Court freezes Roh's assets
      173 4 SEOUL Reuter THE Seoul District Criminal Court yesterday froze all of former president Roh Tae Woo's assets following his indictment on Tuesday on charges of accepting US$369 million (Sss2o million) in bribes from business tycoons. "The court has deprived Mr Roh of his property rights as
      Reuter  -  173 words
    • Article
      Lock icon New airport reflects close China links
      158 4 MACAU Bloomberg Business News MACAU'S international airport was officially opened yesterday with China's blessing. The airport presents competition for Hongkong as a gateway into China. In addition, because of Beijing's ties with the Portuguese territory, passengers from Taiwan won't have to change planes to
      Bloomberg Business News  -  158 words
    • Article
      Viet ministries argue over car component quotas
      335 4  -  SINGAPORE Viet PM expected to decide if import limits should stay By\ Harish Mehta A TUSSLE has broken out between rival ministries in Vietnam over the liberalising of quotas on imported car parts for foreign carmakers. The ministry of trade wants to retain
      335 words
    • Article
      Lock icon Growth under 2% in '96: OECD
      212 4 TOKYO Reuter AFP JAPAN'S economy is likely to grow less than 2 per cent next year after four years of negligible growth, the Organisation for Economic Cooperation and Development (OECD) said in a report released yesterday. The Paris-based think-tank predicted in an economic survey
      Reuter; AFP  -  212 words
    • Article
      Lock icon Thai official raps Indon Afta move
      141 4 BANGKOK AFP INDONESIA'S insistence on adding 15 agricultural items to a sensitive products list has held up progress towards Asean's proposed free trade area, a senior Thai official has said. Asean economic officials failed to reach agreement on the sensitive farm products list due
      AFP  -  141 words
    • ASIA Notes
      • Article
        Lock icon Ex-Japan minister seotanced for graft
        50 4 Reuter [TOKYOI A former Japanese vice-education minister was given a two-year suspended prison sentence yesterday for taking bribes in the 190Oe Recruit stocks-fbr-fkvours scandal. The Tokyo District Court found Kunio Takaishi, 65, once the top bureaucrat at the Ministry of Education, guilty of taking bribes.—Reuter
        Reuter  -  50 words
      • Article
        Lock icon No deal yet on Luson highway extension
        38 4 Reuter [MANILA] Tollway operator Philippine National Construction Co (PNCC) said it had not reached any agreement with Hopewell Holdings Ltd of Hongkong over the extension of an expressway in south Luzon.—Reuter
        Reuter  -  38 words
      • Article
        Lock icon China's Panchen Lama enthroned
        66 4 Reuter [BEIJING] China enthroned a new six-year-old Panchen Lama yesterday, pressing Tibetan Buddhists to accept its controversial choice for Tibet's second-ranking monk over one named by the exiled god-king, the Dalai Lama. A grand ceremony In a lamasery in Tibet's Shigatse city enthroned Gyaincaln Norbu as
        Reuter  -  66 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      27 4 DOONESBUBY//// Gary Trudeau ye JOSTCALL UP OUR. 7HSRE ARE OVER 100,000 MeBS,T^^ net server-uke that- ever/hour. P CUCKON THE BROWSER, n OH.UXXU— ZV5* SEEN cw BEFORE' J
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  • THIS WORLD
    • Article, Illustration
      Lock icon US budget talks hit impasse
      412 5  -  WASHINGTON Second deadlock may see first US govt default in history by start of next year By\ Leon Hadar BUDGET negotiations between the Republican Congress and the Clinton Administration have reached a deadlock again, after the president vetoed the Republican budget plan on. Wednesday and
      REUTER  -  412 words
    • Article
      Lock icon Possible Greenspan, Blinder package deal
      240 5 WASHINGTON NYT PASSING up a chance to reshape the Federal Reserve for fear of a political battle with Congress, the Clinton administration is leaning towards reappointing the central bank's top two officers as a package deal. The administration hopes that Senate Republicans' fondness for Fed
      NYT  -  240 words
    • Article
      Lock icon Oct factory orders down, consumer debt surges
      160 5 WASHINGTON Bloomberg Business News FACTORY orders declined in October while consumers' outstanding debt surged, topping US$l trillion (Ssl.4 trillion) for the first time, further evidence that the US economy is likely to start the new year on a sour note. New claims for
      Bloomberg Business News  -  160 words
    • WORLD Watch
      • Article
        Lock icon Israel to release 1,000 Palestinians
        93 5 AFP [EREZ, Gaza Strip] After a meeting with Palestinian leader Yasser Arafat yesterday, Israeli Prime Minister Shimon Peres said Israel was preparing to release 1,000 Palestinian prisoners. Earlier in the day, Mr Peres and Mr Arafat began talks at this border crossing for the first
        AFP  -  93 words
      • Article
        Lock icon Juppe offers talks with striking workers
        83 5 Reuter {PARIS] The flr«t glimmer of hope for an end to France's moat painful labour conflict in a decade has finally appeared with the government offering "consultation*" to strains workers. Prime Minister Alain Juppe had said there would be no return on his plan
        Reuter  -  83 words
      • Article
        Lock icon France Telecom sale could net 75b franos
        127 5 Reuter [PARIS] A partial privatisation of telecommunications giant France Telecom is set to become France's most contested, and potentially most lucrative, public sale. Financial analysts assess the company's value at US93O billion (Ss42 billion) to US$4O billion, so the sale of 48 per
        Reuter  -  127 words
    • Article
      Lock icon £65m damages awarded against accountancy firm
      299 5 LONDON Hundreds of partners and former partners could be jointly liable in BDO case Reuter BRITISH accountants, shocked by a court decision which left partners of a leading firm facing potentially huge personal losses, said on Thursday they would speed up the search for
      Reuter  -  299 words
    • Article
      Lock icon Decision on rate cut next week
      94 5 FRANKFURT Reuter FT BUNDESBANK president Hans Tietmeyer on Thursday said Germany would decide whether to cut interest rates next week after reviewing monetary data, which have been weak this year. Germany experienced zero economic growth during the third quarter and there was a strong
      Reuter; FT  -  94 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      83 5 A Growing Problem in Singapore. A A J 400 (estimated) 308 2 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 About 400 Singaporeans have been found to be infected with the AIDS virus over the last ten years. Almost all were men in their prime of life.
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  • COMPANIES & MARKETS
    • Article
      Diamond raises offer for Hayes to US$100 million
      341 6  -  Move jeopardises Acma'sbidtogpt 24-5% stoke in US firm for USsl7.sm By. David Mok [SINGAPORE] Diversified engineering firm Acma is facing ah aggressive competitor in its bid to get a 24.5 per cent stake in American firm Hayes Microcomputer Products. The rival, Nasdaq-listed
      341 words
    • Article
      Metro to build A$75m resort hotel in Cairns
      262 6  -  Group hopes to top potential offered by city's tourism sector By, Jenny Lam [SINGAPORE] Metro Holdings plans to build a 600-room hdtel in Cairns, Australia, on a two-hectare site it bought earlier this year. The hotel, to be called The Oasis Resort
      262 words
    • Article
      ST and partners making final bid for Belgacom
      253 6  -  By I S N Vasuki [SINGAPORE] Singapore Telecom (ST), as part of a threemember international consortium, yesterday submitted a final bid for a strategic partnership with Belgacom S A, the national telecommunications operator of Belgium. The other members of the consortium are
      253 words
    • Article, Illustration
      Are Indonesia's cable companies set to electrify again?
      764 6  -  HOCK LOCK SIEW By Maggie Ford LIFE has been tough for Indonesian cable companies over the past two years. Formerly the stars of the Jakarta Stock Exchange, attracting punters keen to back the infrastructure boom, they have languished since 1993 victims of
      764 words
    • Article, Illustration
      Lock icon Thakral ballot favours small investors
      324 6  -  By Christopher Tan [SINGAPORE] Close to three-quarters of the public tranche of Thakral Corp's IPO will go to small investors. Of the 6,458 applications for 22.8 million shares, 91.7 per cent were from small investors who sought one to nine lots. Application monies received amounted
      ARTHUR LEE  -  324 words
    • REGIONAL COMPANIES
      • Article
        Ipco completes talks on Yangtze bridge project
        372 7  -  Proposal for the USs4om BOT project submitted to Beying for final approval By Lu Ning [SINGAPORE] Ipco, a Singapore specialist infrastructure developer, has completed negotiations to undertake a Yangtze River bridge project in Chongqing, Sichuan province, under a build-operate-transfer (BOT) scheme. A project
        372 words
      • Article, Illustration
        Hitachi Zosen sees 22% fall in interim earnings
        199 7 [SINGAPORE] Hitachi Zosen Singapore yesterday reported a 22 per cent decline in interim group net earnings to $6.06 million for the half year ended Sep 30. Group turnover was $125.7 million, a rise of 8.8 per cent, but the depressed shiprepair market
        199 words
      • Article
        DBS buys 10% stake in new HQ of Citic Pacific by assuming loan
        314 7  -  From Quak Hiang Whai m Hongkong SINGAPORE-LISTED DBS Bank plans to move its Hongkong banking and securities operations to the proposed flagship building of Beijingcontrolled Citic Pacific. The bank reached agreement with Hongkong-listed Citic on Thursday to
        314 words
      • Article
        China Merchant's EGM rejects rights issue
        193 7 [SINGAPORE] Shareholders of China Merchant Shekou Port Service the first Chinese company to have a secondary listing in Singapore yesterday rejected a proposed rights issue at an extraordinary general meeting in Shenzhen. Twenty-one shareholders representing 146.7 million shares or 52.9 per cent of the
        193 words
      • COMPANY Briefs
        • Article
          Inter-Reiher pla Jehor plant
          130 7 {SINGAPORE} Inter-Roller Engineering, company best known for its baggage handling syßtem at Changi Airport, it buyinga 3.1-hectare piece of industrial land in Johor to build a new plant The Pbntian site because of its proximity and enhanced accessibility when the new Causeway Is in place. The
          130 words
        • Article
          unit, Mofas setting up yard
          93 7 [SINGAPORE] Singmarine Industries subsidiary Aluminium Craft is teaming up with Malaysia's Mo&s Group to set up a shipyard, possibly in Port Klang. It signed a memorandum of understanding in Malaysia yesterday with one of the group's companies, Mofaz pjartna |||4 ffy> hftV* possible sites in
          93 words
        • Article
          Pan Pacific buys 49% of publishing firm
          57 7 (SINGAPORE) Pan Pacific Public Co will acquire 49 per cent of Q-Pac Publishing Sdn Bhd by subscribing for 48,99S shares of par value Bsl in the company's share capital. CtPac is a new company dealing in the publishing and distribution of books, magazines,
          57 words
        • Article
          Major shareholder outs Kim Eng stake
          46 7 (SINGAPORE) James See Lop Fu, a substantial shareholder of Kim Eng Holdings, has 501d*****0 of his 41,505,142 shares at an average price 0ff1.300 each. He now holds 8.48 per cent of Kim Eng's issued capital, down from 8.58 per cent.
          46 words
        • Article
          Options exercise ups Goldtron's capital
          67 7 lauwArvuusj sesaaq-iistea uonnron L.ta saia yesterday that its issued and paid-up share capital had increased to 178.15 million comprising 980.78 million shares of 20 cents par value each. The increase followed the exercise 0f49.055 million warrants between Jan 1 and Nov 24 this year. Before
          67 words
      • Article
        SembCon clinches $104m power station job
        177 7 [SINGAPORE] Sembawang Construction (SembCon), a member of the Sembawang group, has clinched a $103.8 million contract. The company said yesterday it would handle the foundation, building works and services contract for stage one development of the Tuas "A" Power Station. With this contract, SembCon's
        177 words
      • Article
        YHS signs joint venture for Shanghai drinks plant
        283 7  -  Company awarded 3 land parcels in Oct USA tender By, Michelle Low [SINGAPORE! Drinks maker Yeo Hiap Seng has firmed up plans for its beverage plant in Shanghai with the signing of a joint venture agreement. Under the deal, a joint venture
        283 words
      • Article
        Comfort and Vicom set up venture in Myanmar
        292 7  -  By( Christopher Tan [SINGAPORE] With the Ink on its Xiamen taxi agreement barely dry, Comfort Group Ltd has entered another regional venture, this time in Myanmar. Yesterday, the company and subsidiary Vicom Ltd signed a shareholders' agreement with Myanmar Growth Fund Ltd
        292 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Philips sued for US$11.6b by video chain founder
        382 8 Man who started Super Clnb accuses the MNC of 'stealing his company in 1991 Bloomberg Business News [AMSTERDAM] Philips Electronics NV is being sued for US$ll.6 billion (5116.4 billion) by the founder of Super Club Holding Finance SA, once the world's third-largest
        Bloomberg Business News  -  382 words
      • Article
        Lock icon Net stocks fall on Microsoft plans
        220 8 Bloomberg Business News [NEW YORK] Shares of Netscape Communications Corp and other Internet stocks fell as much as 18 per cent amid expectations that Microsoft Corp will grab market share by including some rivals* Internet software in its programs. Microsoft unveiled an Internet strategy
        Bloomberg Business News  -  220 words
      • Article, Illustration
        Lock icon Microsoft abandons bid to dominate Internet
        385 8 AFP [WASHINGTON] Software giant Microsoft Corp said on Thursday it would adopt the Internet standard used by its major high-tech rivals, apparently ending its bid to become the dominant player in cyberspace software. The move came as Microsoft chairman Bill Gates announced a series
        AFP; 2 REUTER  -  385 words
      • Article
        Lock icon SEC plans new trading system for small investors
        283 8 Nasdaq investors could gain access to better prices Bloomberg Business News [WASHINGTON] The Securities and Exchange Commission has issued a controversial proposal for a new trading system that seeks to give small investors on the Nasdaq stock market access to better prices.
        Bloomberg Business News  -  283 words
      • Article
        Lock icon Single standard for digital video discs
        135 8 Reuter [TOKYO] Nine of the world's biggest electronics and entertainment companies, including Toshiba Corp and Sony Corp, have reached final agreement on a single technical standard for digital video discs (DVDs). It covers DVD players for video and DVDROMs for personal computer use. The
        Reuter  -  135 words
    • FINANCE & COMMODITIES
      • Article
        Stanchart's global cutback
        435 9  -  13 fired in London and Hongkong, bond trading and sales business in Singapore scaled down By I Shiv Taneja [SINGAPORE] As part of a review of its global investment banking operations, Standard Chartered Bank has fired 10 people in its derivatives business in London and three in
        435 words
      • SMALL Change
        • Article
          Lock icon Astra's US$70m revolving loan
          62 9 Reuter [JAKARTA] Indonesia's largest car maker PT Astra International has signed a US$7O million (Ss9B million) revolving credit facility with 15 Japanese banks. The three-year loan .with an interest rate of 1.15 per cent above the Singapore interbank offered rate (Sibor), was arranged by the Singapore
          Reuter  -  62 words
        • Article
          Lock icon Nikkei fund's principal falls by 14b yen
          51 9 Reuter [TOKYO] The principal amount of the Nikkei 300 Stock Inde* Listed Fund fcll by a total of 14.17 billion yen (Ssl97 million) on two days this week, Wednesday and yesterday, to 83.82 billion yen, ftind manager Nomura Securities Investment Trust Management said.
          Reuter  -  51 words
        • Article
          Lock icon China has 10.4m credit cards
          53 9 Reuter [SHANGHAI] Chinese b&nks have now issued more than 10.4 million credit cards since the cards were first launched on a mass scale about a year ago, the China Securities newspaper said. It said the country was aiming to issue 200 million such cards in
          Reuter  -  53 words
        • Article
          Lock icon JG Summit to float 5b peso debt
          56 9 Reuter [MANILA] conglomerate JG Summit Holdings plans to float a 5-billion peso (5J269 million) long-term commercial BiMr. ikwimwite from the jad > W W w 1 1 l -WW CommisAtontafaL The company, whose Interests range from real aalat*, Ibod manufacturing, and instrument will
          Reuter  -  56 words
      • Article, Illustration
        Lock icon Bullish picture holds for greenback
        334 9 ÜB6/auu>ks The US$/mark corrected last week's gains to 1.4274 on Wednesday before buying returned to bring the unit to a high of 1.4480 on Thursday. The technical outlook remains bullish, with upside target at the inverse head and shoulders pattern objective of 1.4694. Resistance is
        Source: DBS Bank; ALLAN  -  334 words
      • Article
        Lock icon Petronas signs deal for LNG plant
        232 9 Reuter [KUALA LUMPUR] Malaysia's state oil firm Petronas has signed a deal with Japan's Nippon Oil Co, US-owned Occidental LNG (M) Ltd and Shell Gas BV of the Netherlands to build a multi-billion-dollar natural gas plant for Malaysia, the country's third. Petronas will own
        Reuter  -  232 words
      • Article
        Lock icon Salomon names 57 new managing directors
        235 9 Move comes as firm axes some 60 employees in Asia Bloomberg Business News [NEW YORK] Salomon Brothers Inc said it named 57 new managing directors, increasing the ranks of its top managers by a third, as the firm prepares to pay year-end bonuses. The
        Bloomberg Business News  -  235 words
      • Article
        Lock icon Japan banks aim to beat interest rate premium with Tibor
        337 9 Reuter [TOKYO] Japanese banks hope to establish a standard for interest rates on their own turf to avoid the higher costs of raising funds overseas, but traders say many obstacles have to be cleared before it is accepted as a
        Reuter  -  337 words
      • Article
        Peregrine to arrange US$175m Citra Marga loan
        202 9  -  William Chia [SINGAPORE] Investment bank Peregrine Fixed Income Ltd is arranging a US$l75 million (*****.6 million) guaranteed floating rate notes issue for Indonesian toll road operator PT Citra Marga Nusaphala Persada. Peregrine said yesterday that the notes would have a coupon of Libor
        202 words
      • Article
        Lock icon CURRENCY REPORT
        163 9 Reuter AFP THE dollar was stuck in narrow ranges in mid-session European business with the market getting into the Christmas spirit and traders unwilling to take fresh positions. Dealers said yesterday afternoon's US job data is unlikely to have much impact in a market that is anyway preoccupied
        Reuter; AFP  -  163 words
      • Article
        Lock icon Oil prices steady despite report of rise in demand
        302 9 EMEROY REPORT Reuter [LONDON] Crude futures were steady amid limited reaction to a report oil demand will rise this year and next. The Energy Information Agency increased its estimate of global demand this year to 69.9 million barrels a day and
        Reuter  -  302 words
      • Article, Illustration
        Untitled
        1213 9 mTBEBAMKCPKEHMCTEATBB Mntnst SI Afrtnat IMS A«atatt 5$ A«atest US* Currancks Hi Offx Mi Offrr CnrrtnclH W8 Offtr MM Offar Frtnch franc 28.3984 28.4303 4.9792 4.9812 Local dollars to on* unU of foreign currency: Konqtomj dollar 18.29 18.30 7.7335 7.7345 Australian Mar 104*2 1.0471 0.7398 0.7401 lirfontsia rvpiafc 0.0818 0.0819 2,280.000
        1,213 words
    • COMMODITIES&FUTURES
      • Article
        COMMODITY Reports
        917 10 [KUALA LUMPUR] The Kuala Lumpur Tin Market continued its strong momentum to close 18 sen higher to M 515.80 per kg, on buying interest from overseas buyers, dealers said. They said sentiment on the local market was boosted by the firmer overnight London Metal Exchange which saw three-month
        917 words
      • Article
        Lock icon SIMEX Report
        1120 10 Reuter [SINGAPORE] Simex Eurodollars and Euroyen ended steady after moving within tight ranges during the day. Eurodollar players were mostly sidelined ahead of the US non-farm payroll data due out yesterday. "The market is a bit long on Eurodollars at the moment. There was some profit-taking and squaring
        Reuter  -  1,120 words
      • Knight-Ridder Commodity Summary
        • Article
          China seen as big rice buyer in early '96
          91 10 [HONGKONG] China will be a serious rice buyer in early 1996, but until then, firm world rice prices are expected to alow purchases, traders said. Traders estimate China's import demand for 19% at around 1.5 to two million tonnes. Thailand and
          91 words
        • Article
          Cofee Board of Kenya asserts monopoly
          128 10 [NAIROBI] The state-run Coffee Board of Kenya moved quickly here on Thursday to assert its monopoly over marketing of the country's coffee. This was in reaction to a claim by one of Kenya's new commercial millers, Thika Coffee Mills, that it will soon start
          128 words
        • Article
          Record seen for Indian soymeal exports
          67 10 [NEW DELHI] Inciia is seen exporting a record 2.4 millioftTOnnes of soymeal in the 1995-96 (Nov-Oct) season, versus some 1.8 million a season earlier, industry officials said. Contracts have been inked to export 1.3 million tonnes of soymeal. Exporters have moved 300,000-375,000 tonnes to
          67 words
        • Article
          Japan to lower prices at rice auction
          117 10 [TOKYO] The Food Agency and rice distributors plan to lower standard prices for some types of rice auctioned to wholesalers, since a supply glut has led to low bid prices in previous auctions, Kyodo news agency reported informed sources as saying yesterday. The
          117 words
        • Article
          Pakistan traders buy M'sian palm oil
          75 10 [KUALA LUMPUR] Pakistani private traders bought small amounts of January Malaysian RBD palm oil at US$6O5 (SsBs3) per tonne C&F earlier this week, exporters here said. That's equivalent to about US$5BO FOB. Demand from Pakistan, a key market, has been weak because of ample
          75 words
    • Article
      COMMODITY PRICES
      1079 10 BOOM Dec 8 IBU low (tSSS) hrtwS is aus isig ixis ,s 2 ?n 1; ISS !S:SS g» S *188 I#* 237.50 230.00 238.50 600 9300 mmtn zjtm mso 23i.se 2250 3450 «MRUeT(lt(M/l|) VolMM Ohm ■mm tig low stt (to—1) NtitfMt ISfg ***** 160.00 170.50 630 2319 Iff*
      1,079 words
    • REGIONAL STOCK MARKETS
      • Article
        Tokyo
        2295 11 -12&36 STOCKS gave up some of their recent strong gains and ended weaker, hit by profit-taking and position adjustment after settlement of December futures and options and ahead of the weekend. But brokers said the undertone stayed strong. The Nikkei Average shed 125.35 points to 19,286.97 after adding 532.79
        2,295 words
      • Article
        Sydney
        611 11 -111 Share prices closed weaker as blue chips lost ground and market sentiment was dampened by a poor performance on Wall Street overnight. "The pressure has been on the BHP, News Corp and CRA stocks that have run during the week," a broker said. The All Ordinaries Index fell
        611 words
      • Article
        Manila
        373 11 -3134 Share prices slid on a secoiyl day of profit-taking after blue chip Philippine Long Distance Telephone stocks fell on Wall Street. "It's mainly because PLDT is down in New York, and the US market finally corrected which is an indication for players here to take profit," said a
        373 words
      • Article
        Taipei
        344 11 +87.4 C Shares finished higher as investors sought bargains, with all eight major categories of shares enjoying gains. "Since issues of several manufacturing sectors such as electricals have hit bottom, bargain hunters went on a buying spree," said a trader. The 321-issue Weighted Price Index advanced 87.40 points to
        344 words
      • Article
        Seoul
        520 11 ■LIS Stocks fell as investors began to doubt the size of contracts signed by Samsung Electronics to supply microchips to computer makers, traders said. While shares in Samsung rose, shares of other electronics companies and exporters that had risen with Samsung declined. According to a news report on Thursday,
        520 words
      • Article
        Wellington
        384 11 +421 Shares closed mixed, amid concerns that pulp and paper prices have peaked, traders said. The NZSE-40 Capital Index added 4.21 points to close at 2,120.52. Forester Carter Holt Harvey dropped four cents to NZ$3.ll. Another forestry company, Fletcher Challenge, fell five to NZ$3.5O. Fletcher's separately traded forestry shares
        384 words
      • Article
        Bobay
        115 11 -41*87 Widespread profit-taking pushed shares lower after the market rallied in early trade, brokers said. "The rally set off profit-tak-ing," said a dealer. "You can call it a technical correction after the big gains in the past few days." The 30-share BSE index ended down 49.87 points, or 1.6
        115 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        166 11 •I S! II 111 js a ,s ss s s sar 1 i 4 II 1 1 sg m s tl s 5sr as u a s a b as. s u a ij t? a is H»»||| MMuO at «4 OJ 02 OJ 5* J$w MAT i! -U 41
        166 words
      • Article
        London
        563 11 4j5 UK BLUE chips ended on a down-note for the fifth day in a row since it closed at an all-time high last Friday, with growing concerns that a wide-ly-anticipated rate cut may not be in the offing next week as had been hoped. The FT-SE Index closed down
        563 words
      • Article
        New York
        709 11 ♦1481 Stocks were higher yesterday in brisk trading as an encouraging and much-anticipated report on unemployment for November sent Treasury bond prices into orbit US Treasury bonds surged more than one-full point minutes after the Labour Department issued its reading for November, driving yield back down to their
        709 words
    • Article, Illustration
      Lock icon HONGKONG
      2455 12 Bloomberg Business News 4137 HONGKONG stocks were little changed as investors awaited fresh evidence that interest rates will decline soon. "People don't want to take any chances," said a trader. Many investors don't want to risk profits they've made this year by buying more stocks now, especially before the
      Bloomberg Business News; JB  -  2,455 words
    • Article, Illustration
      Lock icon CHINA
      445 12 Reuter P Shanghai B Share Iidex -0J6 THE Shanghai B share index lost 0.66 of a point to end at 49.72. The index is now only 0.92 point away from its all-time low of 48.8 set on May 2. Volume was 3.7 million shares worth US$1.1 million. Brokers said
      Reuter  -  445 words
    • Article, Illustration
      Lock icon BANGKOK
      1203 12 Bloomberg Business News □set Index -7M THAI stocks fell for a second day, led by property developers, following comments by the central bank governor that interest rates would not yet be eased. "The market is still slowing down because high inflation means the Bank of Thailand won't ease monetary
      Bloomberg Business News; ALLAN  -  1,203 words
    • Article, Illustration
      Lock icon JAKARTA
      1048 12 Bloomberg Business News Q Composite Index +X5O INDONESIAN stocks were mixed as banks fell amid concern that relief from high domestic interest rates was not coming soon while PT Telkom rose on optimism about its prospects. The Composite Index rose 3.50 points to 506.12. "The government's concerns about rupiah
      Bloomberg Business News; BCRUZ  -  1,048 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Rally fizzles out as big boys pull out
        6935 13 KUALA LUMPUR Reports Bloomberg Business News P Composite ladei -M 4 STOCKS fell a second day, led by blue chips like Tenaga and Maybank, as investors decided an eight-day rally wasn't justified by earnings forecasts, traders said. The rally was sparked by
        Bloomberg Business News; ALLAN  -  6,935 words
    • WARRANTS&OPTIONS
    • Article
      CLOB INTERNATIONAL
      1829 14 •r Or IMS Last Vai Day Laat Qpata OK M TV NX M Cap HM» Law Stna Cawpawy 8* fOOO) Hlptl Law lnyw Or P/I M «l «M MOO AISBSOC 42* C4 -0 22 4M 42* 42* 412 5J (I U li OU B7 703 5001 AMOSSOc M
      1,829 words
    • STOCK EXCHANGE OP SINGAPORE
      • Article
        Untitled
        857 15 I 111' 1 mi •+> Mi m giii i iiiiiii.iWli S !> ST M sjl }?mifEuBWK WlPwaltv*j •wa f**- mi I SZlJSZ 'iiin'Tii lom iM mi vn ue «oo too ui IWfNW* MT» -MM Mf U* MOt 1.540 0.71 «T ItW «tt 4m 1M XMO <0*0 m 4.71 CanMMSl MM
        857 words
      • Article
        MAIN BOARD
        3865 15 Or «r M WW Laat «w tor LartOpat* Mr m rw mt Cm *3 m» l— turn cmm—t f—» i— ———55 2M 9* II— XI Ml WW -I M IM MO IM IM Wi «m nr mi woo aomsoc <* 44#4#a, fSKi?iJii «to 400 4BA MO MM 1U.
        3,865 words
      • Article
        SESDAQ
        794 15 Jr Or M m KN MM M m iHWH Ml n M Cm km nm tm mm ci—iu mm rmm mm u» M»r cm w mm mmp 122 40 1000 AMMMfiSc 300 4 7M 304 292 M 302 W it t3 MJ 132.7 100 200 SO >001 AMMMJOC 297
        794 words
      • Article, Illustration
        Lock icon HOT STOCK
        77 16  -  By Ven Sreenivasan The RSI and Stochastic* for Sri Hartamas indicate that thecotmtsrhasmamddmpintothe over bought zone. Signals firm dUnectkmaUndicalors an wtixed, ha investors would do well to get out sfthe stack mat. While the stock could climb Jbr a Jkw more dan m the prtvaUbtg tnterest in the
        JEN CHUA  -  77 words
      • Article, Illustration
        Correction continues as big players stay away
        846 16  -  STOCK MARKET 00MXHMTAR7 Dealers say the recent surge could have been a window-dressing exercise by fund managers prior to closing their books for the year By R Sivanithy [SINGAPORE] The correction in the local stock market yesterday extended into its third consecutive day,
        846 words
      • ON THE GRAPEVINE
        • Article
          Power to Sambawang?
          64 16 9EMAWANG CORP has been busy shaping** future course. One recent move hss i llui eye of an intrepid market wsedsar.Semb Corp has registered a new asZSslss J Conway's business activity is dsecrthed as "eiedrtdty feneration snd distribution". Is this a precursor to Semb Corp's entry into the
          64 words
        • Article
          blues
          128 16 WILL Maya Ahmad, the motor king of hit eomehumpe along the road in Woem* restructuring? Hteom is being sold to MrYahaya far M 51.72 billion (***** mflhosO. Rumours have it that Umno's hi—i tfc tie m Malaysia is unhappy that HfaoaUs being said to Yahaya at what is oaNttered
          128 words
        • Article
          out of Pacific Place
          152 16 fQiame time, the Swire Group's shares were badly braised after China said it planned to fly a rival airline in the territory from early next year. Sharee of Swirs Pacific and its flagship airline Cathay Pacific came under pressure as a result of the impending new
          152 words
        • Article
          The long and short of it
          133 16 OH WEDNESDAY, Wall Street giant Morgan Stanley painted mare than Just a pretty picture of Asian equitiee. The (Asian) markets have been through a wry tough two years and valuations an bow to* on a historical basis," Chin EanWah, managing director of Morgan Stanley
          133 words
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      61 6 JL q MI PUB DISCO JAZZ KTV WORLD m i p £i dTHETHREE DEGREES Chartbuster Hits: "When Will I See You Again", "Dirty Old Man","Year Of Decision", "Take Good Care Of Yourself" and "Woman In Love" In Association With: Marketed By: 1 A> y» i VHP SPARKS LEVEL 7, N(,ll
      61 words
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      Page 7 Advertisements Column 1
      353 7 as&uiß Sound, Solid Secure Yes, we believe a substantial portion of your savings should be placed in investments which are Sound, Solid Secure. That's why we think you should take a closer look at our attractive endowment plans which are also approved under the CPF Enhanced Investment Scheme. A choice
      353 words
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      Page 8 Advertisements Column 1
      440 8 »i BUSINESS TIMES gii jaggßBnhiifl_-? EXCLUSIVE Hill 4.1 WL W V V V Johnnie Walker Black Label, a well-known 12-year-old «E M 1 Scotch Whisky has sponsored numerous golf ''it Ui'lurr- tournaments, one of which is the Johnnie Walker WL E* Classic which will be held on January 23, 1996
      440 words
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      151 11 m\ Start my THEBUSINESSTIMES sias.io ('a mowttw<ortoca!) (The rate exdudes detvery charges, if apptcabh, which wi be coseaed by newsvendor monthly). The 1 Business Times j Name (Mr/Mrs/Ms/Dr*): Age: Signature: oAro Address: Dace: Faster. Sharper. Deeper i Telephone No (H): (O): A i I Occupation: Tlx/Fax*: «Wease delete where applicable
      151 words
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      47 13 ca-EBR'TY w. Y t GREAT MBTY LOOKS jfm |V/| W mmj mi 25 lipsticks guaranteed to suit EVERY girl rv S IVIUII m J 8 girls? GLAM makeovers MOLINA'S TOY f 1 Stun them In that UTTIE RED DRESS EaZ 'L *A PLUS lONS OF FREEBIES ■■i
      47 words
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      44 15 Hong Kong Malaysia Korea Singapore Indonesia Sck roders' offices are in touck with all tke major markets. |J| Find out more about tke Sckroder Soutk Heat A»ia Fund, tke Sckroder Singapore Truat and tke Sckroder Worldwide Property Fund ky calling 534-4288 or fax 536-6626.
      44 words
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      44 16 nyi-. mi (SfaSkmofiL PARIS Boutique: #01-022 Suntec City Mall. Tel: 337 7183. Corner: Isetan Scottv Service Centre: 391 A Orchard Road, #17-08 Ngee Ann City, Singapore *****3. Tel. 733 0122 {14 lines) Fax: 737 5733. Alio available at leading department stores and authorised dealers
      44 words
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      Page 16 Advertisements Column 2
      364 16 Singapore Closing Share Prices 8/12/1996 CLOSE PREV LOW HIGH aOIIa uss uss uss uss WUf Jardine Matheson 6.90 6.50 6.40 6JI Ifimi Jardina Strategic 2.80 2.85 2.79 2.82 J Farm 0.815 0.705 0.80 0.815 Hongkong Land 1.80 1.82 1.76 1.80 ■pißfP|B| Mandarin Oriontal 1.21 1.22 1.20 1.21 UKIUhI Jardina Strategic
      364 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Spreading corporate goodwill
      1304 17  -  As we enter this season of giving, oob hwbb mo finds out what companies are doing to raise funds for those with special needs GOH HWEE LENG 77m writer is a frmlana journalist who contributed this article to Executive Lifestyle. ITS THAT time of the year again,
      CHRIS LOH  -  1,304 words
    • STRAWS In The Wind
      • Article
        Be nice or else ...
        154 17 Be nice or else WELCOME to the world of tabloid Journalism. When Nick Leeson was being extradited to Singapore from Franktart, numerous Fleet Street hacks apparently managed to convince their editors that they should fly first class so they could move to the other cabins without getting stopped. Everyone, including
        154 words
      • Article
        Faith in figures
        65 17 SOME may say economics is all logic and statistics. Still, the Economic Society of Singapore must think a bit ofreli- glon doesn't hurt either. It hosted this year's Federation of Asean Economic Associations Conference and one of its main sponsors was the Kwan Im Thong Hood Cho
        65 words
      • Article
        Monkey business
        38 17 SPOTTED on the side of a truck: "Nature and apes". We wondered Just what kind of a company this was, until we realised someone had done some creative vandalism. The company's name was actually Nature Landscapes.
        38 words
    • SPECIAL REPORT
      • Article
        Membership has its privileges
        971 18  -  More perks, more points and more pampering today's corporate road warrior is faced with a bewildering choice of Frequent Flyer Programmes. cum finds out who's offering what in Asia, and tells you how to make the most of those accumulated miles EILEEN CHAN The writer is
        971 words
    • COLLECTING
      • Article, Illustration
        Lock icon Indigenous adornments
        1039 19  -  Besides being objects of beauty, tribal jewellery from insular South-east Asia offer fascinating insights into the social concerns of their creators, xo&albnh takes a closer look at the region's wearable art IOLA LENZI The writer is a freelance journalist who contributed this article to Executive Lifestyle. SINGAPOREANS are
        JEN CHUA; ALL PHOTOS BY CHRIS LOH  -  1,039 words
    • Article, Illustration
      Lock icon A shot at fame
      438 20  -  TELEVISION Hats off to the plucky wannabes who brave all to appear on The Fame Awards By, Jaime Ee IF YOU were a casting director, the current Fame Awards show would certainly be a most useful programme to time in to. It's like a video dating
      PHOTO TAKEN OFF TELEVISION  -  438 words
    • Article, Illustration
      Irish-American family talk show
      672 20  -  CINEMA The Brothers McMollen is a good example of what a budget movie can achieve with good actors and a strong script By Corinne Kerk THERE'S something about cheap films. Not cheap as in B-grade, but cheap as in economical, affordable and where cost-cutting means the
      672 words
    • Article, Illustration
      Lock icon Trying for the best of both worlds
      474 21  -  NIGHTSPOT Buzz at Boat Quay has been iaripti a pub with a dance floor By. Michelle Low AS IF there aren't enough nightspots around Boat Quay already, ex-Chaplins man Allen Muir has opened a new joint, Buzz, on the "new" Boat Quay at
      ARTHUR LEE  -  474 words
    • Article, Illustration
      WHAT'S ON
      452 21 tiusATEB Three Fat Virgins Unassembled How can anyone resist a second look at a poster that features a glamorous "woman" with a moustache? And that title But to really know what's going on, you'll have to watch the comedy itself. Written by Ovidia Yu and presented by Wow
      452 words
    • EPICURE
      • Article, Illustration
        Fourteen of the best
        670 22  -  WINE CONNOISSEUR Notes from an extensive tasting of 1989 and 1990 Bordeaux held recently at the Raffles Hotel By] N K Yong WHAT can be said when in front of you are 14 deep dark red glasses of First Growths, seven pairs, consisting of the superb
        670 words
    • PEOPLE
      • Article, Illustration
        Lock icon A toast to five years of fund management
        219 22 LAST MONTH, fund managers GT Management celebrated Ave years of operations in Singapore by hosting a cocktail reception at the Raffles Hotel. The function was attended by senior officials from the securities industry, bankers and members of the press. The guest of
        ALL PHOTOS BY CHRIS LOH  -  219 words
    • Article, Illustration
      CINEMA
      1129 23 Affair Play. Dutch movie. A man is pathologically jealous. To save his marriage, he asks a golfer to seduce her. R(A). Cathay: 11; 1; 3; 5; 7; 9. Yangtze: 1; 3; 5; 7; 9. Golden: 1; 3; 5.15; 7; 9; 11.45. A Kid la King Arthur's Court. A 20th
      1,129 words
    • TRAVEL
      • Article, Illustration
        Lock icon A city designed for tourists
        2081 24  -  Venice is in many ways a Disneyland devoted to exquisite architecture, wbjk iwimmid lays the ground rules for enjoying a theme park for the soul JOHN DIAMOND TRY THOUGH thsy may, tourists cannot mar Venice; not ths backpacking Aueakenorthe sightseeing-by-n umber* Americans, nor fven the
        PHOTOBANK  -  2,081 words
      • Article, Illustration
        No more falling for that old gin trick
        813 24  -  HOTELS A tetk at what mm Stagaptre totals stack in thair miai-bars By Susan Tsang IN The Adventures qfPriscilla, Queen qf the Desert, the transsexual played by Terence Stamp shows her friend a nifty trick take the bottle of gin in the
        813 words
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      11 17 Frequent Flyer Programmes Getting the best deals. EL 2 I Wtsr
      11 words
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      Page 17 Advertisements Column 2
      143 17 S-E Asian jewellery. IJI I *SSr- W Av«lahie Mdwhatf fINGBPOSR: MAanyi BaoSqMK 4SS Orchard Road, fOS-42, Ww Atria, Stnppore 0953. Tc£ 759 71 IS. 591 Orchard Road, *01-10 Takachimava S.C. Singapore 0925. TeL- 73ft 1283. Mtoryi Canam DAiMARU DPS Orchard BETAN Orchard NAN HEN LEATHER GOODS TAKASHIMAYA DEFT STOR£ SOGO
      143 words
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      506 19 @1 a.iaar %7^asaS ■F g g§3 S kh Zdl rfS ramTP p*, JPmr. hi mm iH i 7 'If H 1 jyi*M i i i>* 'in f 1 nil ii 1 11 wm 1181 iMH SB bm m afl. M 2l9^SlBi^HSB „< MB am S AHBBS grrri 29 stff S»a
      506 words
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      640 20 The All Naturally Brewed Beer. Scrumptious Festive Feasting Indulge, Ibis festive season, in our scrumptious buffet spread. Featuring Smoked Salmon, Traditional turkey, Baked Rack of Lamb for Christmas, Slipper Lobster Tbermidor, Sauteed Sirloin with Shallots 6 Mushroom for New Year and a lot more. For more details or reservation, call
      640 words
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      Page 20 Advertisements Column 2
      245 20 WHERE TO WINE, DINE AND ENTERTAIN MORE THAN JUST SEAFOOD! I Besides live seafood, Singapore's largest outdoor seafood restaurant offers the Instant Asia Cultural Show at no extra charge! Available from 8 pm to 8.40 pm, Mondays to Fridays. SIR6P \¥fl seafood restaurant 920 East Coast Parkway, Singapore 1544. Tel:
      245 words
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      Page 20 Advertisements Column 3
      170 20 iyr= ——"K I fancy 'Beijing? Then, w< 're delighted to suggest the Tme Court for a memorable dining experience. Our lunch menu offers a variety of dim Kin 'Beijing dumplings, a selection of mkii set menus, and 'Beijing specialities |l)Ky\ suck as "Beijing "BaH&d Tench and Marinated Lamb "Fancy some
      170 words
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      493 21 Where to wine, dine and entertain CAFEFLORA Fond of Fondues If you have a fondness for Swiss fondues, then try an array of fondues together with our freshly prepared sauces. Cheese Fondue $25 person Meat Fondue $35 person (choice of teoderioin of beet chicken breatt f3et or port Uot) Seafood
      493 words
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      Page 21 Advertisements Column 2
      166 21 House d at the RELC 'i y fa International Hotel, iPin Hsiang with a decade of experience, takes pride in HHMMM i v providing you the most sumptuous I .J j feast enhanced by an elegant i atmosphere all under one roof. ScSffiSsETMENU m (weekends and public holidays) IMMSRHH M
      166 words
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      Page 21 Advertisements Column 3
      30 21 Act now before we run out of Space For Informatipn about Business Times "Wine, Dine Entertainment" Scheme, please call: Stephanie Lee 740 1284 Renee Loh *****18 Paul Chew 740 1581
      30 words
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      128 22 <0 rt^H H I I H EMPORKTMTARMAM .\i HPL House, Singapore *****66 Isetan Orchard, Singapore *****30 Concorde Hotel, Kuala Lumpur *****75 Isctan Lot 10, Kuala Lumpur *****71 •i Sarinah Building, Jakarta *****61 OK <■ CV° ;t A M\ IF YOU ARE LOOKING FOR x ROHAMtE-COWTI »JV bo w OR I
      128 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2253 23 TODAY'S TV RBOOMMBMDBD TZBWDfO k Berita Semasa. 11.00 AM M.O.G. as Seen on TV ?H| 0.02 Topik Semasa. An odd place vampire m LOO Golf us |f jj^ ~H Slgourney Weaver l 3a Master, D 6. i £g Sfeer Mfce from Mar* for diamonds Copycat. Disney's Powder 340 Jade Butterflies
      2,253 words
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