The Business Times, 6 July 1996

Microfilm: NL20621
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE WEEKEND EDITION, JULY 6-7,1996 85e
    14 words
  • Article
    MARKET SUMMARY
    65 1 sin 2258LM (-9.35) PI BTOOMP U 219L41 (+3.36) ri BT-MGA mm *****1 (-3.42) STOCK MlMETDroCBS Friday Change KIjSE COMP 1,133.18 -4.74 NIKKEI *****.42 -60.49 HANG SENG 11,177.13 -4.69 SCT INDEX 1,267.99 -6.48 JAKARTA COUP .--576.06 -1166 MANILA COMP __3J74.40 +22.67 TAIPEI WP1 6,441.02 +12J2 SEOUL OOMP 846.12 +3JI
    65 words
  • Article
    FINANCE
    74 1 EXCHANGE BATES USS SI USS 1.413 S 1203 D*__ 9m 0.927 YEN 100 0.904 1178 MS 0.401 0M7 HKS 0.129 0.183 BAHT 0.039 0.060 RUffAH 100 0.043 0.060 PBOB BITES SINGAPORE* (44 KUALA LUMPUR. .8.15 JAKARTA 18.00 BANGKOK U.75 MANILA 14 50 HONGKONG J.75 taipei aoo SYDNEY 1075 TOKYO
    74 words
  • Article
    Surprise KL bid to replace causeway with bridge
    518 1  -  Johor Straits will once again bea waterway nnder Mahathir's proposal By) Diana Oon Yong Mei Fong [JOHOß BARU] Malaysian Prime Minister Mahathir Mohamad yesterday revealed a surprise plan to replace the causeway linking Singapore and Johor Baru with a bridge. Such a
    518 words
  • Article
    Lock icon Strong jobs data send Dow tumbling 115 points
    336 1 US bonds post their biggest loss in three months Reuter Bloomberg Business News [NEW YORK] Stock prices took their biggest plunge in almost three months yesterday after June jobs data came in much stronger than expected and sent bonds reeling on heightened
    Reuter; Bloomberg Business News  -  336 words
  • Article
    SES sets new audit rules for listing applicants
    278 1  -  By Anna Teo [SINGAPORE] The Stock Exchange of Singapore (SES) yesterday announced new requirements on the appointment of reporting accountants and auditors for new listing applications. With immediate effect, a listing applicant with 20 per cent or more of its assets located
    278 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      164 1 OfIBDB Region's top 200 companies A comprehensive ranking by market capitalisation of 200 companies from six countries. Pg3 What's np at Sembawang Corp? Come July 22, and investment analysts invited to the company's briefing might get to hear something very important, Pf7 XBWSTIUB JatabUUt WiHStrmc, this pg. Dow highly sensitive
      164 words
    • Advertisement
      Page 1 Advertisements Column 2
      57 1 WMiMtwj ORAPfflC BY BKX CtttK Et%-. SOURCE:Kay Hian James Ca pel AND JH* MCMAWOS B Ties, scarf and pleated scarf. Jg bath towel, ashtray. enamelled objects. watch, "24. Faubourg"perfume. l 11 Wl Pair your name with HermEs' FOR CORPORATE GIFTS. asdrfj HERMES PARIS Corporate Gifts Department, Tel: 235 6555 Robust
      57 words
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      Page 1 Advertisements Column 3
      10 1 Big t should not be the only players, Pg 7
      10 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Paterson Road complex seen fetching over $45m
      268 2  -  Place ideal for building serviced apartments, says firm handling tender By. Jenny Lam AN apartment block which was the first en bloc sale in the Paterson Road area in recent years goes up for tender on Monday. The freehold building, 26 Paterson Road,
      ARTHUR LEE  -  268 words
    • Article, Illustration
      SCV's American chief quits amid talk of differences between partners
      394 2  -  Executive VP Daniel Goh appointed president from May By Catherine Ong RANDALL Coleman, the first president of Singapore Cable Vision (SCV), has left the company and returned to the US recently, raising questions about the working relationship between the local
      394 words
    • Article
      Maxtor says it won't be leaving S'pore
      326 2 US-BASED Maxtor Peripherals yesterday emphasised its commitment to Singapore, despite laying off 800 workers here. The disk-drive maker has committed US$lOO million (SSI4I million) to re-tool its facility here to increase production, of which US$42 million has already been spent, said the president
      326 words
    • Article
      Mas Millenium takes Tony Roma's global
      243 2 SINGAPORE-based Mas Millenium, which has plans to be listed on the SES in 1996, has gone global with a franchise agreement to open nine Tony Roma's restaurants in Europe and two in Australia between 1997 and 2001. The company already has rights to operate
      243 words
    • Article
      Glaxo-Wellcome trimming excess capacity from merger
      322 2  -  By Poo-Cheong Wai Ming UK PHARMACEUTICAL giant Glaxo-Wellcome is cutting back on part of its production in the Asia-Pacific to reduce duplication of resources. The duplication arose following a merger of Glaxo and Wellcome last year. Glaxo-Wellcome regional director for Asia-Pacific Ken Windle told
      322 words
    • Article, Illustration
      Lock icon Hey, my hands fit Sly's
      95 2 PLANET Hollywood is drawing a steady stream of the young and the hip to Liat Towers even though the theme restaurant is not due to open till November. The reason a makeshift outdoor stall selling Planet Hollywood merchan- dise and blaring loud pop music. Since
      ARTHUR LEE  -  95 words
    • Article
      Exec condos: More people eligible
      296 2  -  By, Abdul Hadhi THE government has increased the current pool of eligible buyers of executive condominiums. The new group of potential buyers are private property owners whose houses are acquired by the state. Yesterday, the Ministry of National Development said affected owners do not need
      296 words
    • Article
      Ardmore 'queuers' right on cue for a quick buck
      340 2  -  By, Michelle Low, Clarissa Tan FROM grandmothers to teenagers, Bangladeshi construction workers to the unemployed, the motley crew standing in line for Ardmore Park looked relaxed yesterday, a day before sales open. And over the past week, the queue for the
      340 words
    • NEWSRoundup
      • Article
        SDP MP on Cost Review Committee?
        105 2 THE Cost Review Committee (CRC) will invite the joint research unit of the Singapore Democratic Party (SDP) and the Singapore Malay National Organisation (PKMS) to present their views on increases in the cost of living, hence the SDP should nominate one of its MPs
        105 words
      • Article
        CTE to be closed for electrical works
        32 2 THE Central Expressway tunnels will be closed to traffic from midnight to Sunday 10am. This is to facilitate electrical works, says the Land Transport Authority.
        32 words
      • Article
        Goh Chee Wee to lead delegation to China
        49 2 THE Minister of State for Trade and Industry and Communications. Goh Chee Wee, will lead a business delegation to China's Liaoning and Heilongjiang provinces from tomorrow to July 14. He will visit Dalian, Shenyang and Harbin with a stopover at Beijing.
        49 words
      • Article
        ICI takes stake in Viet paint factory
        48 2 SINGAPORE-BASED ICI Paints (Asia Pacific) Pte Ltd has made a £2.8 million (|6.2 million) acquisition of a paint Manufacturing factory near Ho Chi Minh City. The company has a 70 per cent stake in Vina Paint, renamed ICI Paints (Vietnam) Limited.
        48 words
      • Article
        New subjects at NUS science faculty
        48 2 THE Facility of Science at the National University of Singapore said yesterday it will be offering eight new subject minors in these areas: agrotechnology, analytical chemistry, biotechnology, computational finance, computational science, computer programming and applications, management of information technology and semiconductor technology.
        48 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      354 2 'Km WEATHER Singapore: Showers over many areas in the late morning and early afternoon. Temperature (31-24) AjU-Pactllc Rl/Lo* Cam*. Europe HVLo* Good. Hwwi— HVLo* Coat Auriiand liU3 (loudy Amsfcrdaai 19/13 (loody Atlanta 27/22 Sunr. Bwidu* 3T24 rsmnn Atom 52/21 Sum Buenos Aim IVO4 (loudv Br*nß 53.22 (Vwd> Bert* 18/12 Showers
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'SEYE
      • Article, Illustration
        BT Sentiment Index
        569 3 Those polled for their views on the Singapore stock market's outlook in the week ahead are: Alliance, ING Barings, Daiwa, Fraser, GK Goh, Deutsche-Morgan, Phillip, SBC Warburg, Merrill Lynch. bppilOvp ♦We have trimmed group earnings estimates after downward revisions in the forecasts of Keppel Shipyard and subsidiaries
        569 words
      • Article, Illustration
        In My Opinion
        529 3  -  Van M flaMrflaanrck RYSTAL-BALL gaz I ing is not an easy art, as brokers and fund managers have discovered. At the start of the year, optimism prevailed. Ask brokers and fund managers what they think now and you would probably get a lethargic response. Trading volume on
        529 words
    • Article
      SingTel trades places with HSBC to take top spot
      638 3  -  Sing Tel is region's largest-capitalised company with USs4o.7b, 2% more than HSBC's USs39.9b By' Ven Sreenivasan, R Sivanithy [SINGAPORE] BOOSTED mainly by Its inclusion in the new Morgan Stanley Capital Market Index for Asia, Singapore Telecom pipped HSBC Holdings for top
      638 words
    • Article
      Lock icon Money managers due for an overthrow?
      368 3 Bloomberg Business News [NEW YORK] Money managers* growing clout in corporate America could lead to a backlash for social good from individual investors. Unless, that is, profits fall. In the new book Investor Capitalism, How Money Managers Are Changing the Face of Corporate America,
      Bloomberg Business News  -  368 words
    • Article
      REGION'S TOP 200
      1361 3 MwcavMfr couRTwr —mmct —mmum nm oomm comet— mm— i ma*rw»~— C £!£S2? m*£Sw* OOK ONUSSTXXJS) MQH UM OOK 2WH mm 2W96 2VB/95 rpo»f *****967 *****288 41) 3J2 3J* fJCn 8te*0«PW»/toh W *****33 *****26 14$. B25 g|Q Hi rr*£>M maiM BQ50 M50 B700 Mnum—i>Ci fpow *****53 *****33 33JO
      1,361 words
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  • REGION
    • Article, Illustration
      Lock icon M$6b Waterfront City will transform JB's skyline
      564 4  -  ■JOHORBARU Pilecon to develop Johor Barn's new CBD west of the Causeway By Diana Oon THE proposed Johor Baru Waterfront City (JBWC) will transform the skyline on the southern tip of Peninsular Malaysia when a massive commercial, retail, residential and recreational development takes
      ERIC CHU  -  564 words
    • Article
      Lock icon Vietnam to ease laws on foreign businesses
      228 4 HANOI Bloomberg Business News VIETNAM will move to make it easier for foreign businesses to set up shop in the country by amending its Law on Foreign Investment this year, a senior official said yesterday. Vietnam's National Assembly would try to resolve problems
      Bloomberg Business News  -  228 words
    • Article
      Lock icon Asean to ease rules to woo foreign funds
      269 4 KUALA LUMPUR AFP SOUTH-EAST Asian countries agreed here yesterday to woo foreign funds by liberalising investment rules and working closely together, a Malaysian official said. The heads of state-owned investment agencies within Asean agreed to set up a meeting of senior officials
      AFP  -  269 words
    • Article
      Lock icon EPF going for offshore investments
      137 4 KUALA LUMPUR AFXAsia THE Employees Provident Fund is undertaking offshore investments and diversifying domestic investments to raise income and provide better returns, Bernama news agency reported. It quoted executive chairman Sallehuddin Mohamed as saying that the fund aims to reduce its over-reliance on Fixed-interest income
      AFX- Asia  -  137 words
    • Article
      Lock icon NGOs urge Asea Brown Boveri to quit Bakun
      225 4 KUALA LUMPUR AFP MORE than 100 non-govern-ment organisations and 30 members of the European Parliament yesterday urged Swiss-based Asea Brown Boveri Ltd (ABB) to pull out of its deal to build Malaysia's controversial Bakun dam. The NGOs and the European lawmakers had
      AFP  -  225 words
    • Article
      Lock icon China inflation seen rising modestly in second half: paper
      276 4 SHANGHAI Reuter CHINA'S inflation is expected to rise in the second half of this year but not sharply, the China Securities News said yesterday. The paper said the inflation rate had fallen sharply since the start of 1995 with an average
      Reuter  -  276 words
    • Article, Illustration
      Lock icon Stopping for oil
      68 4 [BOMBAY] Supporters of the ruling Shiv Sena party blocking traffic in Bombay yesterday by sitting in the middle of the road. They were protesting against the government's decision to raise the price of fuel by 25 per cent. Meanwhile, more than 45,000 taxi drivers all over the
      REUTER  -  68 words
    • Article
      Lock icon Germany hopeful of repatriating Vietnamese
      373 4 HANOI Hanoi seen more willing to implement treaty to take back its citizens AFP GERMAN Secretary for the Interior Kurt Schelter said yesterday that his government is optimistic that Vietnam will implement the terms of a treaty to take back Vietnamese living in Germany. "We
      AFP  -  373 words
    • Article, Illustration
      Lock icon Suharto leaves tomorrow for checkup in Europe
      572 5  -  JAKARTA News leads to farther sell-off on Jakarta bourse amid fresh speculation about president's health By\ S N Vasuki INDONESIAN president Suharto will leave for Europe tomorrow for a medical checkup, news of which triggered a fresh round of speculation about the president's
      Source: Bloomberg  -  572 words
    • Article
      Bangkok may ban new cars during peak hours
      420 5  -  BANGKOK Latest idea from Ui&i DPM to ease traffic problem would hit cars registered from 1997 By Loh Hui Yin DEPUTY Prime Minister Thaksin Shinawatra, who has always been brimming with ideas to fight Bangkok's traffic jams, has come up with another
      420 words
    • Article, Illustration
      Lock icon Tug of war, almost
      5 5 AFP
      AFP  -  5 words
    • NOTEBook
      • Article
        Lock icon 189b yuan to fight pollution
        92 5 AFP [BEIJING] China will invest 189 billion yuan (Ss32 billion) in environmental projects over the next Ave years in a massive effort to clean up the heavily polluted nation, Xinhua reported. The funds, directed at 1,591 projects nationwide, will come from the state, aside from
        AFP  -  92 words
      • Article
        Lock icon HK protests against US textile curbs
        69 5 AFP [HONGKONG] Hongkong legislators have written to US President Bill Clinton threatening to lobby the World Trade Organisation (WTO) over new US restrictions on textile imports from Hongkong, a legislator said yesterday. Over two-thirds of Hongkong's 60 legislators have signed the letter complaining of
        AFP  -  69 words
      • Article
        Lock icon HK's budget deficit at HK$3.1b
        56 5 AFP [HONGKONG] Hongkong posted a budget deficit in the year to end-March of HK13.1 billion (***** million), the government announced yesterday. Total expenditure for the financial year was HK1183.1 billion, almost identical to the earlier revised estimate of HK1183.2 billion. Revenue stood at HK|lBO billion,
        AFP  -  56 words
    • Article
      Lock icon Thai central bank under siege, says ex-minister
      225 5 ■BANGKOK Reuter FORMER finance minister Surakiart Sathirathai said yesterday the independence of Thailand's central bank was threatened by interference from a government whose future was in doubt. Mr Surakiart, once a close aide of premier Banharn Sil-pa-archa, was ousted from the cabinet in
      Reuter  -  225 words
    • Article
      Lock icon 8,000 ethnic minority members could loose citizenship after 1997
      259 5 HONGKONG Reuter ABOUT 8,000 members of ethnic minorities in Hongkong could become stateless after the handover to China next year, Governor Chris Patten said yesterday. Many non-Chinese inhabitants are lobbying for British passports, arguing that those whose families have lived here
      Reuter  -  259 words
    • Article
      Lock icon HK committee for July '97 celebrations
      178 5 HONGKONG AFP A 1.000-STRONG committee to oversee festivities marking Hongkong's 1997 handover is due to be formed in two months, a local paper reported yesterday. Rita Fan, convener of the Beijing-backed Preparatory Committee's handover celebration panel, said on Thursday that the list of members
      AFP  -  178 words
    • Article
      Lock icon Finance Ministry rapped for violations
      285 5 BEIJING AFP Reuter CHINA'S state audit watchdog has seriously criticised the Finance Ministry for investing in securities firms and lending money to "commercial organisations". The official China Daily newspaper said yesterday that legislators demanded the ministry "put its house in order" after hearing the results
      AFP; Reuter  -  285 words
    • Article
      Lock icon Governor sued over Cosmo bailout
      211 5 TOKYO AFP ELEVEN Tokyo residents filed a lawsuit yesterday against Tokyo governor Yukio Aoshima, demanding the return of two billion yen (5525.5 million) spent to bail out the failed Cosmo Credit Cooperative, lawyers said. The residents, led by Masako Watari, a 60-year-old housewife, filed the
      AFP  -  211 words
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1636 4 cm FUCHT ETA FII6WT OP TG407 MPS mm HHP Adelaide S0230 1830 0F82 2055 HwM— S09T7 1655 SOW! OOP Of H30 Ho Chi Mint) VN741 1310 VN740 1410 AmmmI RJ187 0130 EK72 1730 S0174 1415 Amsterdam KL843 0455 K1838 2300 S0T73 WOO EK73 2340 0125 0650
    1,636 words
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  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      106 5 I aI ■■■■■■■■■■■HI Bill 15-17 WMUAM STREET HMTH, WKTBtN AUSTRALIA tower with approximately II M area and 86 secured I I basement car bays on n ■il in a prime CBD location. I (■■l Currently9l%leased I I to quality tenants with net U income set to increase H mEm significantly
      106 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      82 5 DQONESBUBY By Gary Trudeau SOUJHATP I TAUGHT ISP£Nr7uJOYt:ARs\± \VMuHAT THBYHJ&tZ II YOUPO AT A KB- irS REHABILITATING FOR- NWf HAPPENEP RStNTEGRAII W tHM 1 BACK W !T$ T RIGHTAF- EVOCATION JL l\M£R PUPPtT SOLPfSRS. H W TO THEM TEP/NTO ff\- AMI S MEUP W] ALL Teß um, CAMP BY THZHJAY,
      82 words
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  • REGION/WORLD
    • Article
      Lock icon Strong job growth likely to continue
      390 6 WASHINGTON Labour Secretary sees trend stretching up to November's presidential election Bloomberg Business News THE US economy is likely to continue adding jobs at a rapid pace up to the November presidential election, Labour Secretary Robert Reich said yesterday. "I don't see any reason
      Bloomberg Business News  -  390 words
    • Article, Illustration
      Lock icon Moo-ving experience
      58 6 [LAC DE MADINE, France] Cyclists in the 83rd Tour de France passing by cows during the fifth stage of the French cycling race between Lac de Madine and Bersancon on Thursday. Jeroen Blijlevens of the Netherlands took the 242kmfifth stage. Yesterday his compatriot Michael Boogerd won the 207
      AFP  -  58 words
    • Article
      Lock icon Yeltsin expected to face tough budget battle
      320 6 MOSCOW Reuter THE election party is over, the champagne corks have popped, and now is the time for President Boris Yeltsin to replenish Kremlin coffers or face economic doom, economists said yesterday. "There are no grounds for euphoria," declared the headline of an
      Reuter  -  320 words
    • Article
      Lock icon NZ and Australia to revive open skies accord
      222 6 WELLINGTON Reuter NEW Zealand and Australia agreed yesterday to revive an open skies agreement scuttled two years ago by former prime minister Paul Keating. Transport ministers from the two countries agreed to aim for the creation of a single aviation market by
      Reuter  -  222 words
    • Article
      Lock icon France offers Taiwan 'political dialogue'
      148 6 PARIS AFP FRANCE has told Taiwan that it wants to maintain political "dialogue" with the Chinese nationalist regime and is prepared to support its application to join the World Trade Organisation, a former French foreign minister said here on Thursday. "Economically speaking, Taiwan is part
      AFP  -  148 words
  • WORLDWatch
    • Article
      Lock icon Martin, Washington tied at 2 sets each
      75 6 Reuter [LONDON] Americans MaliVai Washington and Todd Martin were locked at two sets each in the first men's semifinal at Wimbledon yesterday when rain stopped play. The second semifinal pits Jason Stoltenberg of Australia against Holland's Richard Krajicek, conqueror of holder Pete Sampras.
      Reuter  -  75 words
    • Article
      Lock icon Longer shopping hours for Germans
      74 6 Reuter [BONN] A bill heralding one of the biggest changes in German life for decades cleared its final hurdle yesterday when the upper house of parliament approved plans to relax restrictive shopping hours. The government hopes this will spur consumer spending to boost sluggish economic
      Reuter  -  74 words
    • Article
      Lock icon EU industrialists to invest 8% more
      59 6 Reuter [BRUSSELS] Investment spending by European Union industrialists, an important gauge of confidence in future economic conditions, is expected to rise by 8 per cent in 1996, the European Commission said yesterday. The March and April survey found industrialists in Germany, Belgium and the
      Reuter  -  59 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      468 6 THE BUSINESS TIMES EX C L W v gifc, -*»*>-^Pw*~*-~■*.*..aTfeS^BoLi.? jgtff <J^T A Kf#;r Wfflr u 15, /a C m ltt ißmßt %A BHJBvw VU^v The Great Heineken Bar Crawl starts here ■> j«ifegfe£&&ss6*3ti c The library Bar in Nortvay Rimini Big Came Fishing Bar in the Bahamas Cafe Americain
      468 words
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  • COMPANIES & MARKETS
    • Article
      Aztech queried by SES on first-half performance
      477 7  -  Firm explains changes between profit forecast and loss announcement By] Kenneth James [SINGAPORE] The Stock Exchange of Singapore (SES) has queried Aztech Systems on circumstances relating to the company's performance in the first half of this year. The query comes in the wake
      477 words
    • Article
      Big 6 should not be the only players
      432 7  -  SES rule may not be fair as local auditors are just as good: firms By. Anna Teo LISTED companies and listing aspirants whose auditors are local firms say they have no problems with their external accountants, and feel it may be unfair
      432 words
    • Article
      Advanced Systems IPO launch on Monday
      222 7  -  By Annette Pau [SINGAPORE] Sesdaq-aspi-rant Advanced Systems Automation (ASA) will launch its long-awaited initial public offer on Sesdaq this Monday. The issue is expected to raise at least $17 million through a sale of 20 million shares. The shares are expected to be priced
      222 words
    • Article
      Will Sembawang provide a peep into its housing project?
      634 7  -  HOCK LOCK SIEW Lee Han Shih COME July 22, a bunch of investment analysts privileged to be invited to a briefing by Sembawang Corporation might get to hear something very important. They just might find out how far Sembawang has gone
      634 words
    • Article, Illustration
      Lock icon Analysts expect lower S'wang gains
      414 7  -  Company unlikely to achieve earlier consensus of 26% rise in full-year earnings Reports by Rahita Elias [SINGAPORE] Some analysts have lowered their earnings forecast for Sembawang Corporation on expectations of disappointing interim results and a delay in the redevelopment of the company's landbank at Admiralty
      Source: Bloomberg  -  414 words
    • Article, Illustration
      Associate Gema Sembrown's land sold for relocation
      243 7 [SINGAPORE] Sembawang Corporation has sold off land belonging to 45 per cent associate PT Gema Sembrown (PTGS) for US$24 million (Ss34 million). Analysts who attended Thursday's briefing by the group's engineering and construction group said yesterday the 40 ha yard in West Java
      243 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Bakun dam: US$1b yearly returns expected
        253 8 AFP [KUALA LUMPUR] Ekran Bhd, the developer of the Bakun dam project, has forecast annual returns of nearly US$l billion (Ssl.4 billion) when it is completed in 2003, reports said yesterday. Ekran chairman Ting Pek Khiing said yearly returns could amount to M 52.6
        AFP  -  253 words
      • Article
        Globe Telecom seeks PCN licence
        302 8 SingTel's associate one of five mobile phone operators in the Philippines [SINGAPORE] Singapore Telecom associate Globe Telecom one of five mobile phone operators in the Philippines has applied for a licence to operate its second digital cellular network using Personal Communications Network (PCN) technology. The
        302 words
      • Article
        Sassoon advice on QAF, Jurong Cement shares
        322 8 [SINGAPORE] Securities firm JM Sassoon Co is advising shareholders of takeover target QAF to sell at $2 or better if they are unable to take a long-term view of at least one to two years. The firm also advised those who do not
        322 words
      • Article, Illustration
        Lock icon Uruguay President at Proton factory
        46 8 [KUALA LUMPURI Uruguay President Julio Maria Sanguinetti (third from right) visiting Malaysia's Proton national car factory yesterday. Mr Sanguinetti concluded his five-day visit yesterday. The visit aimed to promote bilateral relations and trade and economic cooperations between Malaysia and Uruguay. AFP
        AFP  -  46 words
      • Article, Illustration
        Greater risks and volatility in Asian markets in next 5 years: economist
        472 8  -  Seminar told higher inflation may pat pressure on rates Soh Tiang Keng [SINGAPORE] Investors will face more risks and greater volatility in Asian capital markets in the next five years, a top economist, Wong Yit Fan, warned yesterday.
        472 words
      • Article
        Temasek unit to take 20% of Viet firm
        214 8  -  By' Teh Hooi Ling [SINGAPORE] Subsidiaries of government investment arm Temasek Holdings and Japanese firm Nichimen Corporation are poised to become partners in LC Development's Vietnam investment holding vehicle. Lum Chang subsidiary LC Development a regional property and leisure develop- ment group
        214 words
      • Article
        Lock icon Telecom firms hail KL's new thinking on mergers
        273 8 Govt will allow industry to have more than three players Reuter [KUALA LUMPUR) Malaysian telecommunications companies have welcomed the government's decision to relinquish its matchmaker role in arranging mergers within the industry. After seeing just one marriage six months after it told
        Reuter  -  273 words
      • COMPANYBriefs
        • Article
          Temasek's SingTel sale
          50 8 {SINGAPORE] Temasek Holdings said yesterday its share placement of 50 million Singapore Telecom shares on June 28 and July 1 resulted in total proceeds of $184 million. The transactions have reduced the government investment arm's holding in Sing Tel from 87.85 per cent to 87.52 per cent.
          50 words
        • Article
          HPL appoints non-exec director
          31 8 [SINGAPORE] Hotel Properties has appointed Arthur Tan Keng Hock a non-executive director and audit committee member of the company. He is currently executive director of Guthrie GTS.
          31 words
        • Article
          Chuan Hup forms marine unit
          42 8 [SINGAPORE] Chuan Hup Holdings has formed a wholly-owned subsidiary in the British Virgin Islands. The subsidiary, ACIS Holdings Ltd, has a paid-up capital of US$l and an authorised capital of US$5O,OOO. Its principal activity is marine business.
          42 words
        • Article
          Guthrie bays more shares in subsidiary
          32 8 [SINGAPORE] Guthrie GTS has acquired 999,998 shares in the capital of Guthrie Properties Holdings, a wholly-owned subsidiary. It now owns one million shares in the unit.
          32 words
        • Article
          Prima buys partner's share of unit
          59 8 [SINGAPORE] Prima has acquired 500,000 shares in the capital of Prima Modern Machinery, making it a wholly-owned subsidiary. The agreed consideration for the shares was $1. Prima did not disclose the identity of the seller. Prima Modern Machinery now has an authorised capital of
          59 words
        • Article
          Osprey's dividend
          24 8 [SINGAPORE] Osprey Maritime shareholders will receive $38.83 per 1,000 shares held. The dividend will be paid in Singapore dollars on July 15.
          24 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Probe into alleged Escom insider trading
        222 9 Reuter [FRANKFURTI Germany's Securities Trading Supervisory Office said yesterday it was probing alleged insider trading in shares of Escom AG, the giant computer retailer which on Wednesday filed for protection from its creditors. The Office said it had noticed a suspicious surge in the
        Reuter  -  222 words
      • Article
        Lock icon Taiwan okays HK Telecom tie-up
        493 9 Investment in Taiwan Telecom forges indirect business links between communists and Nationalists Reuter [TAIPEIJ Taiwan said yesterday it would allow China-fund-ed Hongkong Telecom to make an unprecedented investment in a network venture forging an indirect marriage of rival communist and Nationalist business interests. The economics
        Reuter  -  493 words
      • Article
        Lock icon Retail investors rush for largest Aussie float
        396 9 Reuter [MELBOURNE] Australians have rushed to buy shares in the nation's biggest stock market float, the A 54.5 billion (554.98 billion) sale of a half stake in Commonwealth Bank of Australia, market sources said yesterday. Speaking on the closing day of the retail
        Reuter  -  396 words
      • Article
        Lock icon Takashimaya execs face damages suit
        158 9 AFX-Asia [TOKYO] About 60 lawyers and shareholders' ombudsmen plan legal action against executives at Takashimaya Co Ltd, seeking compensation for alleged payoffs to prevent racketeers disrupting shareholder meetings, lawyers said. Tsuneo Yamada, an Osaka lawyer who heads the group of about 60 members, sent a
        AFX-Asia  -  158 words
      • Article, Illustration
        Lock icon Olivetti head gives up CEO duties in reshuffle
        323 9 But he will stay chairman of troubled Italian computer firm FT [MILAN] Carlo De Benedetti on Thursday gave up day-to-day executive duties at Olivetti as part of a reshuffle of the board which he claimed would open "a new phase" for the
        FT  -  323 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        484 9 »«T 8«fth *n*i1 D«p*rturt Jurong Pert Em Access 9601 J11 alongside 06.07/0600 Marine World 1 J17 alongside 06.07/0600 Nandujiang 9603 J06 alongside 07.07/1200 Rimtoa 3 02/96 J09 alongside 06.07/1459 Sen Tosa 601N J14 alongside 09.07/2300 Shan Furyu 10/% J03 alongside 05.07/1300 Spc Capricor 0507% J20 alongside 05.07/2000 Adrianopie
        484 words
      • Article
        CONTAINER SCHEDULES
        1621 9 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO 8oofclnq/B*l«nc( Rstls Ship Voy No Etb/Btr Period From To From to ovm 0154 04/2100 M 05/1500 05/1459 05/1900 05/1500 05/1459 05/1900 U 09/1700 04/0*51 04/0*00 4c« 04»y 0(41 04/0700 H 05/1700 04/0459 04/0100 I 04/0700 04/1151 04/1400 4 04/1200 04/M59
        1,621 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Sumitomo board okayed key trades: UK brokers
        509 10 Hamanaka wasn't a rogne trader, say Winchester Commodities owners FT Reuter [LONDON] The owners of Winchester Commodities, the UK metal broker under scrutiny for its role in the Sumitomo copper scandal, claim key trades were approved at board level in the Japanese trading
        FT; Reuter  -  509 words
      • Article
        Research house pessimistic about Indonesia and rupiah prospects
        365 10  -  It cites deteriorating economic factors, rising political risks By Ven Sreenivasan [SINGAPORE] London-based research house Independent Strategy has zero-weighted Indonesian financial assets, citing deteriorating economic fundamentals, poor government policies and rising political risks. In its June 21 issue of a weekly publication
        365 words
      • Article
        ANZ unit to complete HQ move on July 22
        252 10  -  Prom\ Surinder Singh in Sydney THE Australia and New Zealand Banking Group (ANZ) said yesterday that the transfer of its wholly owned UKincorporated subsidiary, ANZ Grindlays Bank pic, from London to Melbourne will be finalised on July 22. The subsidiary will
        252 words
      • Article, Illustration
        Lock icon US$ clears key barriers against yen
        411 10 US$/mark: The US$ rallied to a high of 1.53 on Wednesday, only to give up ground on the same night to fall to a low of 1.5193. It was trading at the 1.523 level yesterday morning. The medium-term outlook is mixed, with the unit
        Source: DBS Bank  -  411 words
      • Article
        Lock icon BNI share float seen before 1997 elections
        272 10 Reuter [JAKARTA] Indonesia's largest state-owned bank, PT Bank Nasional Indonesia 1946 (BNI), plans to launch its domestic share flotation before the 1997 general elections, officials said here on Thursday. BNI director Widigdo Sukarman told a news conference that plans for the domestic flotation
        Reuter  -  272 words
      • Article
        Lock icon Euro$ sold ahead of US data
        231 10 SSMELReport Reuter [SINGAPORE! Worries about the content of the key US nonfarm payrolls report for June caused investors to unload Simex Eurodollar futures yesterday. "People are getting short ahead of the figure. A lot of people are bearish. There are rumours that (Fed chairman
        Reuter  -  231 words
      • Article
        Lock icon CURRENCY REPORT
        172 10 Reuter AFP London THE dollar ended the European session unfazed by the slide in US assets. Analysts said the jobs data left the dollar In a neutral position for now as expectations that US interest rates will rise in August at the latest supported it, while sharp losses
        Reuter; AFP  -  172 words
      • Article
        Lock icon Oil prices rally to nine-week high
        302 10 ENERGY REPORT Reuter (LONDON] Oil rallied further yesterday, taking prices to a nine-week high to overturn expectations of a summer decline on crude markets. London futures for benchmark North Sea Brent went up another 15 cents a barrel to U5519.67 a barrel, well in
        Reuter  -  302 words
      • Article, Illustration
        Untitled
        1344 10 DITBEBAMM CROSS RATBS T/5 A$ C$ 8w8 ICU Ffr Pi W IrtfatgMl YW gg MS CSftfc* Peso S$ |88< $fr 87$ t*t Hmt US$ Australia 1.070 1178 0.633 4.059 1201 6.093 27.647 18.439 0.870 6.402 L961 Lt47 27.683 ***** 1113 3.416 0.991 *****20.003 0.505 0.787 Canada 0.934 6.134 0.592 3.793
        1,344 words
    • Article
      COMMODITY PRICES
      1836 11 S1COM FUTURES j lt /5 WBM* (Mum ctoiinq u 5.30pa) KS1 CONTRACTS cwitiAfl) Close Volume Open Kj9j» tow Sett (tomtos) Intf st Ml* 189.50 1750 Sop 188.00 188.00 189.00 150 2175 Oct 96 188.00 188.00 188.00 150 3875 •to* 96 188.00 188.00 188.00 150 3875 OK 9* 188.00
      1,836 words
    • Article
      WORLD STOCK MARKETS
      2409 11 LONDON Industrials *5 Nace A. A. Corp Adr 62.850 -.270 AB Ports 288 4 Abbey National 588 9 Allied Lyons 446 -51/2 Am* 98 3/4 *3 3/4 Ar<JV« 346 Asda Group 120 unch BAT Ind 495 .5 BICC 308 -51/2 80C Croup 937 .3 BR P»tr oleum
      2,409 words
    • Article
      Lock icon TOKYO
      1630 11 Reuter Q Nikkei 225 -60.49 JAPANESE stocks ended lower yesterday in extremely dull trade which has lasted the entire week, brokers said. They said the market was likely to remain mixed with a weaker bias until the Bank of Japan decided to raise interest rates. "The market lacks incentives,"
      Reuter  -  1,630 words
    • Article, Illustration
      Lock icon HONGKONG
      1614 12 Bloomberg Business News Q Hug Sag AM STOCKS were mixed near four-week highs yesterday as a slump in some property companies offset gains in HSBC Holdings. Property companies held the Hang Seng Index back after driving the benchmark higher on Thursday. Some investors want more evidence that interest rates
      Bloomberg Business News  -  1,614 words
    • Article, Illustration
      Lock icon CHINA
      614 12 Reuter PShanghai ß Share Intai -QM SHANGHAI'S B shares ended down in slow trading yesterday, with investors lacking interest to buy despite institutional support for Shanghai Lujiazui Finance and Trade Zone Development, brokers said. The index shed 0.04 point or 0.09 per cent to 49.92 on volume of six
      Reuter; Source:  -  614 words
    • Article
      Lock icon TAIPEI
      351 12 Reuter PwPfatot *110 SHARE prices closed mixed in lacklustre trade yesterday as the market remained in a consolidation state awaiting the next round of index-moving news, brokers said. The Weighted Price Index ended 12.62 points or 0.20 per cent higher at 6,441.02. Turnover was a modest NT537.22 billion. The
      Reuter  -  351 words
    • Article
      Lock icon WELLINGTON
      269 12 Bloomberg Business News Wellington +OJ4 THE New Zealand Top-40 Share Index rose 0.24 point, or 0.01 per cent to 2,120.41. Trading was valued at NZ)17.8 million compared with NZ556.4 million on Thursday. wi m rtm AN2 Banking 6.90 -0.10 1804 Advantages Htdga U61 0.01 6000 Air Ntv Zealand (A)
      Bloomberg Business News  -  269 words
    • Article, Illustration
      Lock icon BANGKOK
      790 12 AFP QSEThIa -MB THAI share prices fell 0.4 per cent yesterday in thin trading as the market subsided alter two days of heavy activity, dealers said. "Investors were happy following the resignation of the Bank of Thailand governor on Tuesday and with the drop in interest rates by some
      AFP  -  790 words
    • Article
      Lock icon SEOUL
      395 12 Reuter FlOompontalitoi *3JI STOCKS closed higher yesterday after a day of fluctuations, thanks to a late buying spurt, prompted by rumours of an expansion of the foreign stockholding limit, brokers said. The Composite Price Index added 3.61 points to 845.12, the fifth consecutive gain this week. "Investors returned to
      Reuter  -  395 words
    • Article
      Lock icon SYDNEY
      595 12 AFP QinOrbaria AUSTRALIAN share prices rose 0.2 per cent yesterday as a partial recovery in blue-chip mining stocks bolstered the market in an otherwise quiet session. The All Ordinaries Index rose 5.1 points to 2,230.8. The All Resources Index fell 1.7 points to 1366.9 while the All Industrials Index
      AFP  -  595 words
    • Article, Illustration
      Lock icon JAKARTA
      731 12 AFP -|3J| SHARE prices closed 2.3 per cent lower yesterday on concern about President Suharto's health following confirmation that he will travel to Europe for medical treatment. "Until we get to the bottom of what is wrong with him (Mr Suharto), it is hard to gauge what the political
      AFP  -  731 words
    • Article
      Lock icon MANILA
      352 12 Reuter Qvub *xun THE Philippine Composite index surged to a record high for the second consecutive trading session on news that June inflation fell to 9.8 per cent year on year from May's 10.4 per cent, brokers said. The index jumped by 22.67 points to a new all-time high
      Reuter  -  352 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Telekom eases on competition fears
        7594 13 —AFP, Bloomberg Business News P Composite Into -4.74 MALAYSIAN stocks fell as Telekom Malaysia slipped amid concern that increased competition will hurt earnings. "The fact that you have to revise earnings down means the market is taking note of the fact they'll have to put
        —AFP, Bloomberg Business News  -  7,594 words
    • WARRANTS&OPTIONS
      • Article
        Liang Court looks interesting
        3207 14  -  WARRANT WATCH -By\ R Sivanithy ONE of the real estate stocks that has been hammered lately Is Liang Court Holdings. The counter has now sunk to $1.06, just a hair's breadth away from its 52- week low of $1.06. Regular punters will know this automatically makes
        3,207 words
    • Article
      CLOB INTERNATIONAL
      1704 14 wmmmmmmmmmmmmmmmmmmummmmmmm fir Or 1 VM On LoatOaoto M» M* VM MM M Cap HMk lam Mm Clip any U* COOOt Htg» u» Payor l—or CV »/l us w moo Atsaaoc m ao i»m m m to* u u u m 404.1 AM0650e m» «u MJ w u u
      1,704 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        933 15 TURNOVER COOO) VALUK COOO) cut rut m» cm IMMtrM MJU 5A32 23,495 4*275 13.034 74,311 nunc* 6,328 2,043 10.411 2i)}2 9,341 31.473 Holt* 926 420 1244 2,504 495 3l201 Pf»MrtH» 3,553 5,996 9.551 20,141 7.704 27,444 PUnUMon 333 333 779 779 MWng 404 404 929 929 M.W 3,317 3J47 4.444
        933 words
      • Article, Illustration
        HOT STOCK
        60 16  -  By Paul Leo STRONG selling pushed Fu Yu Manufacturing down 2.5 cents to 64 cents yesterday but the stock should find support at 60 cents. Yesterday's turnover of 1.04 million shares is seven times the Io4ay average of 150,000 units. Momentum indicators are mildly bearish while Relative Strength
        60 words
      • Article, Illustration
        Trading listless if not for Malaysian second-liners
        870 16  -  STOCK MARKET COMMEMTABT STO dragged down by Sembawang Corp and C6C in day marked by low volume, depressed prices and lack of direction By R Sivanithy [SINGAPORE] If not for heightened activity in Malaysian second-liners, dealers would have fallen asleep at their terminals
        870 words
      • ON THE GRAPEVINE
        • Article
          Selective briefings
          144 16 SHOULD listed companies Invite some broking houses to special briefings on corporate performance and not others? Sembawang on Thursday held meetings for selected analysts on its engineering and construction division. One analyst was frantic as clients and remisiers called to find out why Sembawang shares were falling. After
          144 words
        • Article
          Sharing the pie
          108 16 ARE things that bad in the property market? On Wednesday, the Real Estate Developers Association of Singapore held a seminar on the state of the property market. The speakers were from Edmund Tie Co, a consultancy firm. Midway through the talk, some reporters were approached by an
          108 words
        • Article
          The wages of sin
          97 16 Institutional salespeople are having a really hard time in the present quiet market environment. Even though their clients aren't interested in Singapore stocks and there aren't any juicy stories to sell, the salespeople still have to make daily phone calls to their clients. "It's really, really
          97 words
        • Article
          Vying for governorship
          129 16 Several names are being bandied about as candidates for the job of Thai central bank governor. A couple of them are deputy governors of the Bank of Thailand— referred to as "insiders" by the local media, while the "outsiders" include a senior civil servant. There's even a
          129 words
    • Article
      MAIN BOARD
      4442 15 1998 Last V« 0mi L«*t Quota M» Ot* n! Mat Cm Avg HUfc Lm MM* Ciwpapy Ml rOOO> MH» I— —»«r «a8ar C*w P/I Ml Me* MDUSTRMIS 5146 ASC NTJ10 200 OS- 214 165 1298 Acar 90c US182 cd *2 M6 M3 Ml M3 184 5.0N 7.5 U>
      4,442 words
    • Article
      SESDAQ
      765 15 Of Or MMt l y* Bay LmIOmM Olv Oht YM Mat Cm Av. Uw MH6 cw>n Ml POWW W» iw li>w *rnm CH W w Ww 52 m i22? POUaX.lSc 4 2X> 224 xo to ai wao m 232 J001 AMmtrtaSOc IM O 119 IM IM M 25.1 123
      765 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      129 7 REGALIAN PROPERT S. and satisfaction often depend on iTlm iim —>■£!, >-■ '^^B being in the right place at the right time v The latest exclusive residential development IfWv from UK's leading developer Regalian 111 I 111 gpß represents a residence of prestige as well as an mll ideal investment
      129 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      69 12 I Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other t special events. They are a cause for celebration. Use them to increase your company profile by taking out ,15? w a Special Feature in our group of newspapers. Talk to us! We'll be pleased to be your marketing
      69 words
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      Page 13 Advertisements Column 1
      28 13 For real-time stock information, ®call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      28 words
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      Page 13 Advertisements Column 2
      56 13 Quality has no limit. I E Q U I N O X E ■B CARANJ^CHF quality that lasts SWISS MADE SINCE 1924 Ult Agtrni I. A Otuw Smgtpn Pit Ltd, 230 Vnttrn Strut. »OJ-05 Bagajmumm. Offta Tnrr Blmk Smg*p»n *****4 Ttl: 337 2261. Fox: 337 1098 At*tit/Mi at leaJm tg
      56 words
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      Page 14 Advertisements Column 1
      104 14 Doctors prescribe a weekly dosage of Thp Strain wppkly FHitinn to keep home sickness at bay. Are you following doctors' orders? cr You may be a Singaporean going overseas and want to stay in touch with home. You may have children studying overseas and are concerned that they don't know
      104 words
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      Page 15 Advertisements Column 1
      193 15 Land Transport Authority Infoline I Share Rllocation Results I using CDP numbers. ■WHi SSS 111 ly COE Bidding Results Car Registration Number Availability. Wondering which share result An SPH AudioTex Service Available on 10th or 11th of every month All you Available between Saturday and Wednesday each week. All you
      193 words
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      Page 15 Advertisements Column 2
      138 15 To: SPH AudioTcx Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Pax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period Gl2 months 6 months Q 3 months atSSM4W at $$40.00 atS$25JO
      138 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      862 16 BUSINESS Notices i'<•'si (\i i ioi i-i ui i is(M».74i iss.< In the Matter of the Companies Act. Cap. 50 BEKAYE CONSULTANTS PTE LTD (Incorporated In Singapore) SPECIAL RESOLUTION At an Extraordinary General Meeting of the members of the abovenamed company, duly convened and held at 271 Bukit Timah Road
      862 words
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      Page 16 Advertisements Column 2
      7 16 Singapore Business Giving you the winning edge
      7 words
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      Page 16 Advertisements Column 3
      140 16 Singapore Closing Share Prices 09/07/1996 CLOSE PREV LOW HIGH <I|||» OSS uss uss uss Alii## Jardlne Matheson 7.00 7.10 6.95 7.15 Jard,n Strategic 3.20 3.20 3.16 3.20 L WMf J Da,f y Farm 0.86 0.865 0.86 0.86 Hongkong Land 2.29 2.26 2.24 2.29 ■■■■mHi Mandarin Oriental 1.42 1.39 1.42 1.42
      140 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Local animators face uphill task
      1394 17  -  S'pore companies have yet to find a niche in the fast-growing animation industry. But two firms are on the verge of a breakthrough, reports chumme CORINNE KERK Tourists are spilling out of aircon coaches and wandering into Campbell Lane as you make your way past
      1,394 words
    • STRAWS In The Wind
      • Article
        A sign of the times
        54 17 HERE'S one Singaporean who's feeling the pinch of rising living costs. A motorist was parking his car in a public car park when a fellow motorist came up to him and asked if he wanted to buy a used carpark coupon which still had some
        54 words
      • Article
        Tricks of the trade
        41 17 WANT to see the impact of the mad cow disease in Singapore? Go to the food court at Tanglin Mall and you will find that Hwa Heng Beef Noodles has turned into Hwa Heng Yong Tau Foo,
        41 words
      • Article
        Tips for amateur robbers
        161 17 WANT to rob a bank? Here are some tips from author Tim Clark which appeared in the 1987 edition of the Old Farmers Almanac: ♦Pick the right bank. Clark advises that you don't follow the lead of the fellow in California who tried to hold up
        161 words
    • VIEWPOINT
      • Article, Illustration
        Lock icon Corporate strategist of the '90s
        1388 18  -  v THE RAFFLES Conversation One of the names most commonly cited in boardrooms across corporate America is C K Prahalad. The pioneer of the 'core competence' management concept talks to vikham khamna about his ideas on corporate strategy VIKRAM KHANNA IN surveying the corporate scene
        CHRIS LOH  -  1,388 words
      • Article
        India not ready to make best use of its diaspora
        1048 18 OVERSEAS INDIANS could do great things for India, but India isn't ready to get the best out of them, says C K Prahalad. A non-resident Indian (NRI) himself for most of the last 30 years, he was in Singapore last
        1,048 words
    • DESIGN
      • Article, Illustration
        Lock icon Artist who found his true calling
        1479 19  -  Interior designer Lim Hong Lian talks to oohhweelbmo about his early interest in art and how he came to specialise in hotel interiors GOH HWEE LENG WITH both parents who were artists, it seemed inevitable thatLim HongLian would grow up to rater the creative
        CHRIS LOH  -  1,479 words
      • Article, Illustration
        Lock icon Try some of Cable Car's fruit infusions
        605 20  -  NIGHTSPOT The pub takes yon back in time to San Francisco in 1890 Bya A Surendren I'D like you to take a trip back in time with me. To 1890, in San Francisco. If that sounds daunting, take the easier option of going
        ARTHUR LEE  -  605 words
      • Article, Illustration
        Compelling look at relationships
        723 20  -  CINEMA Be&ntifal Girls is effective in its portrayal of truly messed-np relationships, without making either gender the victim. Holly Harrison A BEAUTIFUL girl is like "bottled promise hope dancing in stiletto heels". Thus rhapsodises Paul (Michael Rapaport), one of three bachelors on the cusp of turning
        723 words
      • Article
        Predictable but not unwatchable
        535 21  -  TELEVISION Wheel Power does a perfectly respectable job, thanks to its personable hosts By Kevin Sullivan I NEVER learned to drive, which I suppose places me within a disadvantaged minority of adult television viewers. I understand the attraction of classic cars, and there are one or
        535 words
      • Article, Illustration
        WHAT'S ON
        442 21  -  Compiled by Holly Harrison BLOOD DKITB Blood Donation Don't forget to go to the public blood donation session this Sunday. It's easy, painless and could save someone's life. Especially important are donations from people with rare blood types. So take along a magazine, or better yet, a friend
        442 words
    • EPICURE
      • Article, Illustration
        Lock icon Expect down-to-earth menu at Nomads
        708 22  -  The restaurant should perhaps offer more adventurous fare, says CORINNE KERK CERTAIN associations tend to jump at you when you're planning dinner at a restaurant with a name like Nomads. For one, you half-expect exotic tribal food on the menu, and secondly, you start wondering
        CHRIS LOH  -  708 words
      • Article
        Leeuwin Estate's Chardonnay is world-class
        873 22  -  WINE CONNOISSEUR Australia's finest Chardonnay is the product of a no-expense-spared approach By N K Yong TWENTY years ago Chateau Montelena Napa Chardonnay 1973 and Stag's Leap Wine Cellars Napa Cabernet Sauvignon 1973 were voted top wines at the now historic blind tasting of French
        873 words
      • Article, Illustration
        Stick to the familiar for a decent meal
        448 22  -  RESTAURANT mi Jaime Ee THE last time I was at the GoodWood Parte Hotel's Garden Seafood Restaurant, it was green, with torn tAKloths and an overall sense of that got worse the closer yjjSiat to the bathrooms. It had I Jljuly seen
        448 words
      • Article
        A budget place for handmade noodles
        620 22  -  RESTAURANTS G# to Chin Ckuui if yto're taking for iiwplawiiUiiMince By, Jaime Ee THE Cuppage hawker centre never did sell great food but every time I look at the miserable selection at the neighbouring Orchard Point food court, I feel like I've been dealt
        620 words
    • Article, Illustration
      CINEMA
      1052 23 Automatic. Low-budget boxing flick. Yishun:s; 11.35; 1.35 am. Bishan: 5; 11.50. Tampines: 4.40; 11.40 Barb Win. Bay watch's Pamela Anderson Lee is a leather-clad bar owner and bounty hunter in post-World War in America. Jurong: 11; 3; 7.15. llninn Id fttiw. Meryl Streep is a small town doctor whose
      1,052 words
    • TRAVEL
      • Article, Illustration
        Lock icon All aboard the Indian-Pacific
        2097 24  -  From its earliest days in the *****, the 4,350 km railroad trip across Australia has been considered one of the world's great train journeys, audbht perera experiences the continent's vastly different terrains in two days and three nights of style on wheels AUDREY PERERA STYLE on
        SOUTH AUSTRALIAN TOURISM COMMISSION  -  2,097 words
      • Article
        Australian rail journeys
        278 24 THEGHAN Named after the Afghan camel traders who pioneered a supply line between Australia's arid outback and the rest of the country, this luxurious and historic train cuts through 1,555 km over 20 hours, from Adelaide in South Australia into Alice Springs in the Northern Territories. Three
        278 words
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      8 17 The Raffles Conversation C K Prahalad EL 2
      8 words
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      Page 17 Advertisements Column 2
      99 17 Travel All aboard the [ndian-Pacific EL 8 4 Fest food. Clam bakes from New England, barbecues from Texas, fiery chilli cooking from the old South-West and a salmon run from Seattle, if you thought America only meant fast food, call 831 7250 and discover what Seasons is bringing to the
      99 words
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      Page 20 Advertisements Column 1
      142 20 eve Str cd Our Serving Hours for un£h *B ,he be* for luncTi and high tea rolled into One_ Which means longer fervtng hours and even more scrumpVious Saturday. Public Holiday fldfcn 3 )f one i Theme Karaoke. F Menu changes regularly J Pirces subject to service charge *0091 g
      142 words
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      Page 20 Advertisements Column 2
      63 20 ■ftfslwßi pi !<• .a ;s&*..• DRBMITOMES Q|jj^pjp| .'•".wfe-i;•:dR IsSntf iimi— ,i,y Jacuzzi on Grand entrance Newest tiles, a balcony (H- hold anything lUi for an HD6 JO woods, marble H-X GET IT NOW! JUNE-JULY HOME DECOR $4.50 Times the Bookshops NTUC Supermarkets Kinokuniya 7-Eleven MPH STOP PRESS kiosks Cold Storage
      63 words
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      Page 20 Advertisements Column 3
      176 20 For real- time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao. The" BusdsessTimes A hold new look and a fredj approach to the news and views. Faster widi the news, and with
      176 words
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      Page 21 Advertisements Column 1
      763 21 Where to wine, dine and entertain /u/tto coffee lounge CONNOISSEURS RENDEZVOUS A popular rendezvous for connoisseurs of Syphon Brewed Coffee, Tea and pre-dinner cocktails. "Cosy, private and quiet' Just the place to relax, catch up with friends, clinch that all important business deal or simply while away the hours with
      763 words
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      Page 21 Advertisements Column 2
      88 21 JW SHELLFISH LUNCH BUFFET AT TOP OF THEM REVOLVING RESTAURANT For reservations please call 831 6258/9 4 A Bigger Better Tunch MORE VARIETY EXCELLENT VALUE SAME OLD PRICE §&JO9M| $13.80+++ (adult) $B.oo+++ (Child) Sat/Sun/Public Holidays 18 noon to spm 317 Outram Road Singapore *****5 Tel *****88 m MM i i
      88 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1883 23 TODAY'S TV IKIWUMI TIMWUM TT> m I Innovations: Rev 0.00 AM TV Innovations. f f' Hi o utionary Home Shop Forfansof agent set on revenge. U Take That Wildlife Journeys "Baby the concubines and maids j I HBBBBBBHBBBBBBi Steps", 6.30pm in an imperial palace. jc M# AM Prog Summary. Take
      1,883 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      247 23 RADIO The Vintage Chart Show, reports on Michael Holroyd's BBC, Saturday, lUKhm new biography and novels Paul Burnett dips into his from Anne Rice and Bharati jukebox for another selection Mukerjee. On Screen of Top 20 hits from past British highlights include Mission pop singles charts. This Impossible and Independence
      247 words
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