The Business Times, 14 September 1996

Microfilm: NL20715
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    15 1 THE BUSINESS TIMES MITA (P) 04(V 12/95 85* SINGAPORE Internet: http://www.asial.com.sg/biztiraes WEEKEND EDITION, SEPTEMBER 14-15,1996
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  • Article
    MARKET SUMMARY
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  • Article
    FINANCE
    48 1 US* 89 us» u» i list 1MB m ;< UM m urai imZZ-tMi nunim SWQWOffi* 144 KUALA LUWUR IS JAKARTA. 18.80 BANGKOK ll» MANILA lltt HONGKONG AM TAIPB W SYDNEY 1M* TOKYO IN SIOUL NJ» ZUWCH** 4JI WAKKFinrr— LONDON K7S NEW YORK MS *AmcafeaflSfeaaka. "Float (Source: NatWest bank)
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  • Article
    Fund managers must ensure tight control: MAS
    593 1  -  Caution comes in the wake of scandals at MO AM and Jardine Fleming By i Conrad Raj [SINGAPORE] The Monetary Authority of Singapore has asked fund management companies here to review their systems and controls in the wake of the recent scandals at
    593 words
  • Article
    Lock icon Dow surges 79 points
    76 1 Reuter [NEW YORK] New evidence that consumer prices remain in check sparked a broad rally in stocks that pushed the Dow Industrial Average to record territory yesterday. At 1 pm EDT, the Dow stock index soared 79.53 points, or 1.38 per cent, to 5,851.47, smashing the
    Reuter  -  76 words
  • Article, Illustration
    Astra shares soar on talk of comeback by founder
    478 1  -  From, S N Vasuki in Jakarta SPECULATORS have this week made a run for PT Astra International, Indonesia's largest automobile manufacturer, on market talk of a major takeover bid and improved business prospects. Astra shares have witnessed frenetic trading on the
    478 words
  • Article
    Election won't be on Sep 28
    100 1 [SINGAPORE] The general election will not be on Sep 28, a date widely touted by poll watchers. Responding to reporters' queries yesterday, the Prime Minister's press secretary, Chan Heng Wing, said Prime Minister Goh Chok Tong had told him "with a smile" that he
    100 words
  • Article, Illustration
    Lock icon Getting ST2 on time
    57 1 [SINGAPORE] As expected, a flood of appikiXtonfm'mfor Singapore Telecom shares under the government's ST2 qff& poured in yesterday to beat the noon deadline. No preliminary figures were available but at the last count on Thursday, more than 1.4 million Singaporeans have applied. ST3 is expected to
    ARTHUR LEE  -  57 words
  • Article
    FCC declares $47.5 m loss from land acquired by govt
    418 1  -  Loss charged to pre-tax profit; not known if Iras will reject this treatment By] Lee Han Shin [SINGAPORE] Listed First Capital Corporation yesterday declared a hefty $47.5 million loss from its acquired land in Woodlands, and took the unusual step
    418 words
  • Page 1 Advertisements
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  • SINGAPORE AT HOME & ABROAD
    • Article
      PM on vital three Ts – technology, trade, tribes
      545 2  - PM on vital three Ts technology, trade, tribes S'pWMMirgSiMt tetakegMiUfe wkkfcthey eqjqr ntw fa-graatad By i Chuang Peck Ming A HOME divided or "Hotel Singapore" these were two gloomy scenarios Prime Minister Goh Chok Tong sketched for students at a polytechnic forum yesterday to bring home the importance of taking
      545 words
    • Article, Illustration
      Lock icon Intrapreneurs key to entrepreneur's success
      173 2 r TEAMWORK, regionalisation, R&D and "intrapreneurship" these are the ingredients of success for the 1996 Entrepreneur of the Year, Derek Goh. The president and chief executive officer of semiconductor distributor Serial System says training intrapreneurs entrepreneurs inside the company was one of the keys to
      ERIC CHU  -  173 words
    • Article
      Royal Sporting House to expand retail presence in HK
      358 2  -  ItkulMMd plMNtollpM 1_ IS TbuDIMURU By Abdul Hadhi WHILE Hongkong's Lane Crawford is packing up its store in Singapore, local retailer Royal Sporting House (RSH) will expand its presence three-fokl in Hongkong in terms of space it win occupy. Chief executive
      358 words
    • Article, Illustration
      Lock icon Asian countries need freer exchange rates: US official
      397 2  -  Vikram Khanna ASIAN countries should let their currencies move more onssiy to cope wimscranc capital Inflows, US Deputy Trea fUI7 tars of Singapore's financial ed that not private capital flows to dsvoinpiin countries < in Asia roas mors than 28-fold in six
      ARTHUR LEE  -  397 words
    • Article
      Bice importers raising retail price
      337 2  -  Siow Li Son RICK importer* art finally railing the prleee of retail packs, by 10 cenle a kg, after holding out tor about a year as rice prleaa turpi to hktoric highe. Listed Provision* Suppliers Corp (PSC), the second larpnt rica supplier hare after NTUC
      337 words
    • Article
      Ex-chief of commodities firm jailed for CBT
      291 2 THE former managing director of liquidated commodities firm Credit Consultants, Tony Tay Tuan Ngee, 45, has been sentenced to a total of 10V* years' jail on three counts of criminal breach of trust involving $8.14 million. Tay yesterday pleaded guilty to three charges
      291 words
    • Article
      New SBA web pages to draw in Net community
      194 2 THE Singapore Broadcasting Authority (SBA) is launching two new web pages today to promote community Involvement and parental guidance in the use of Internet The first page. Your Views, will contain public and media feedback received by the SBA. "This page
      194 words
    • Article
      Scheme to raise local-labour participation rates launched
      382 2  -  Tripartite' Back to Work'move to woo housewives, retirees, liud-off workers By Diana Oon THE government, the Singapore National Employers' Federation and the National Trades Union Congress have formed a tripartite effort to try and raise the overall local labour force participation rates. Minister
      382 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      38 2 MM— "iZiirjuL 11* By Acharya S. N. Goenka BL t^e)S^ 5 ISgXSL pm V) Venue: Singapore Power B| n.gW' XOMfSS/ON /S FREE. ALL ME WELCOME. Jointly organised by Buddhist Library (746 8435) and Singapore Buddhist Mission (299 7216)
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      226 2 CRYPTIC CROSSWORD 9 Not allowed after usual time to arrange (8) HL_PV—P^r— 11 Work out value of ship in j** ■■Fo Hi rough seas (6) 12 Ability to see number going Ml I I J I j i I I I 1 round giving an affirmative ImJ——Lht—bh" IB answer (8)
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      336 3 C/ V j From $586 psf upwards Tmt 41 {i<; u j i f /he height of Cuxury (ivina LUXURIOUS SEAVIEW CONDOMINIUM NEAR BUKIT TIMAH RD, HILLVIEW AVE BUKIT BATOK EAST AVE 2 O SBHIII &y GlHUlljl breath of fresh air Bi I a JBj^— W u^. r ~r.^v— mm
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        539 4 Those polled for their views on next week's Singapore stock market outlook are: Alliance, Daiwa Securities, Fraser, GK Goh, ING Barings, Merrill Lynch, Deutsche Morgan Grenfell and Phillip. CUT Dtotribatkn ♦(Hold) DBS Investment Research, Sep 12, $1.22 The company's interim earnings rose 20 per cent to $4.1
        539 words
      • Article, Illustration
        In My Opinion
        481 4  -  Madeleine Lee Awodate director Morgan Grenfell Investment Management (Asia) Ltd HERE is much gloom I and doom being touted X around about the slowdown in the electronics sector in Singapore, as well as in Asia at large. One concern is that Asia may be losing its sparkle
        481 words
    • Article
      Whither electronics stocks?
      1007 4  -  Some segments of the sector are due for a turnaround, say the optimistic Reports by. Lee Yoke Har [SINGAPORE] IS it time to buy electronics stocks, which have been in the doldrums lately? The market is mixed on the matter but at least one or two houses
      1,007 words
    • Article, Illustration
      Hoping for a rate cut to boost earnings
      470 4  -  From, Alan Boyd in Bangkok LISTED Thai firms are pinning their hopes on a decline in interest rates in the fourth quarter to restore sagging earnings, after watching the stock market sink to its lowest point for several years. Profits for the
      470 words
    • Article
      Why sector still bearish: ING Barings
      332 4 [SINGAPORE] ING Barings' David Toh maintains that the domestic electronics industry remains bearish. While July non-oil domestic exports grew by a better than expected 10 per cent in real terms, this does not represent a significant change of improvement in the industry, he said.
      332 words
    • Article
      SMB United's IPO looks good for stags
      523 4  -  Good also for the long term if firm plays regional cards right By Annette Pan [SINGAPORE] The SMB United initial public offer looks like a good bet, given the stock's low offer price. At 29 cents a share, not only is it affordable,
      523 words
    • Article
      unit trust performance ranking
      731 4 Next publication date: Oct 12,1996 lank talk >■*■ late lyr tyn tyn i uDorc Growth 2 «/1 V 07/ $3 ■UM 4MI 6.11 1 3.1 4Ut 4H 4M 1 10.4 I 15.5 1 5.32 4 29 -2-M Hi .1 .1 ?i 47 3 67 2 62
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  • REGION
    • Article, Illustration
      Lock icon Japan's real GDP down 0.7% in second quarter
      510 5  -  TOKYO Bit analysts still see soft landing for the year as a whole with growing demand »y Anthony Rowley JAPAN'S economy came down to earth with something of a thud in the second quarter of this year following a dramatic, but freaky
      Source: Bloomberg  -  510 words
    • Article, Illustration
      Lock icon Quenching a thirst in China
      93 5 [ZHENGZHOU, China] Chinese middle school pupils sharing in the festivities of the opening ofan US$lB million (SS26 million) Coca-Cola plant in the central Chinese city of Zhengzhou on Thursday. The 17th Coca-Cola plant in China and a joint venture with a Hongkong company, the plant
      REUTER  -  93 words
    • Article
      Lock icon Govt to keep growth targets
      106 5 BANGKOK AFP Thai Finance Minister Bodi Chunanonda said yesterday the government would maintain its targets for 1996 gross domestic product (GDP) growth of 7 per cent and export growth of 10 to 12 per cent. A central bank announcement that exports in the first seven
      AFP  -  106 words
    • Article, Illustration
      HK as a political issue for China
      364 5  -  SINGAPORE By] Harish Mehta CHINA's leaders are uncertain about who should be the future chief executive of the Hongkong Special Administrative Region (SAR) a businessman, an academic, a politician or a bureaucrat, said the author of a new book on Hongkong launched here
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    • ASIA Notes
      • Article
        Lock icon Chinese firms sot for London listing
        61 5 AFP [HONGKONG] Chinese firms are set to start listing on the London Stock Exchange, with an agreement to be signed next month, the Lord Mayor of London said yesterday. John Chalatrey said an MOU would be signed between the British treasury and China early
        AFP  -  61 words
      • Article
        Lock icon Tenaga annonnces costly monitor plan
        60 5 Reuter [KUALA LUMPUR] Malaysia's state power utility Tenaga Nasional Bhd, still smarting from an embarrassing nationwide blackout last month, announced a costly plan yesterday to monitor power supply. Tenaga said it would spend between MISO million (Ss2B million) and Msloo million annually over the next
        Reuter  -  60 words
      • Article
        Lock icon Yangon, London air links reopen
        51 5 Reuter [YANGON] Air links between Yangon and London have reopened after a two-decade hiatus, a Royal Brunei Airlines official said yesterday. The airline has begun flying to its 28th destination outside Brunei on a Brunei-Yangon-Abu Dhabi-London route. It will fly in each direction twice a
        Reuter  -  51 words
      • Article
        Lock icon KL says Taiwan minister on private visit
        51 5 AFP (KUALA LUMPUR] Malaysian Foreign Minister Abdullah Badawl confirmed yesterday he met Taiwan's Foreign Minister John Chang in Kuala Lumpur last week, but said Mr Chang's visit was "personal". Mr Abdullah said their meeting should not "affect Malaysia's commitment to the one-China" policy.
        AFP  -  51 words
    • Article
      Lock icon Okinawa to renew leases for US bases
      135 5 TOKYO Reuter OKINAWA'S governor yesterday agreed to take steps to renew leases for US military bases on the island, ending a one-year standoff with Tokyo. Japanese Prime Minister Ryutaro Hashimoto will visit Okinawa to underscore the government's commitment to easing the burden of
      Reuter  -  135 words
    • Article
      Lock icon Go easy on China investments till talks resume: Taiwan
      223 5 TAIPEI Reuter TAIWAN'S top economic policymaker said yesterday it was time for local businessmen to slow their investments in mainland China until bilateral talks were resumed. "It is time to slow our investment in the mainland," Chiang Ping-kun, chairman of the
      Reuter  -  223 words
    • Article, Illustration
      Unilateral US trade measures rile Asean
      506 5  -  ABM, JAKARTA Washington urged to consult the WTO By Yang Razali Kassim NEW unilateral actions by the United States to resolve its trade woes have upset Asean, Japan, Australia and New Zealand ahead of the inaugural World Trade Organisation ministerial meeting in Singapore in
      506 words
    • Article
      Lock icon Import taxes to be cut in budget
      188 5 KUALA LUMPUR AFP MALAYSIA is to substantially cut import taxes on a number of goods in the 1967 budget to be presented next month, Deputy Prime Minister Anwar Ibrahim said yesterday. "The (tax) cuts will be substantial. It is going to be a
      AFP  -  188 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1231 5 CITY FU8HT HA FU6HT ETB T640T g M094 840 MMH S0230 830 OfK 2055 WllUn S0977 1155 S0978 BOP ow W30 Hp CM MM YK741 1300 YW740 148 A— KJ87 OOP 017? 1730 SOI74 148 mo 0455 19H 2300 SOI73 WOO EK73 2340 0L25 0650 $0346
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  • REGION/WORLD
    • Article
      US armada closes in on Iraq for punishing strike
      494 6 crTsis IRAQ WASHINGTON Republicans warn that any Clin ton misstep would be a campaign issue A US ARMADA of ships and assault planes closed in on Iraq yesterday ready for a punishing bomb attack to end President Saddam Hussein's defiance of
      494 words
    • Article
      Lock icon US consumer prices rose by a slower 0.1% in August
      423 6 WASHINGTON Further prtef that inflation at retail level stays in check Reuter CONSUMER prices edged up modestly in August, the government said yesterday, offering more proof that inflationary pressures at the retail level remain largely in check. The Labour Department
      Reuter  -  423 words
    • Article
      Lock icon Good prospects for moderate global growth, says IMF
      313 6 WASHINGTON Bloomberg Business News AFP THE International Monetary Fund sees "reasonably good" prospects for moderate global growth in the year ahead, IMF deputy managing director Stanley Fischer said. Mr Fischer said the IMF also foresaw low inflation in the major industrialised nations,
      Bloomberg Business News; AFP  -  313 words
    • Article, Illustration
      Lock icon Bringing colour back to the Wall
      85 6 [BERLIN] A cyclist yesterday passing by a famous painting of an eastern German Trabant car apparently breaking through the Berlin WaU. Work has recently completed on the restoration of the largest remaining part ofthe Wall—a 1.6 km-long segment called the East Side Gallery. About
      REUTER  -  85 words
    • Article
      Lock icon Did Nazis sell US$ 60b in assets to Swiss banks?
      259 6 BONN Reuter HITLER'S Nazis may have sold assets worth as much as US$6O billion (S)B4 billion) at today's prices to Swiss banks to finance their war effort, a German television documentary said on Thursday. The report followed Britain's disclosure this
      Reuter  -  259 words
    • Article
      Lock icon Telstra profit jumps but plans more job cuts
      244 6 MELBOURNE Bloomberg Business News TELSTRA Corp, Australia's state-owned telecommunications company, said its net profit rose 31.5 per cent in the year ended June 30, mainly due to a one-time gain because of a change in accounting methods. The record A 52.3 billion
      Bloomberg Business News  -  244 words
    • Article, Illustration
      Has Bob Dole still got a prayer?
      485 6  -  WASHINGTON By] Leon Hadar IT was less than a month ago when things suddenly started looking good for Bob Dole. Political pundits were praising the Republican presidential contender for a set of decisions that seemed to project a sense of political decisiveness and
      485 words
    • Article
      Lock icon Number of personal bankruptcies in US to cross lm mark in '96
      252 6 WASHINGTON Reuter THE number of Americans filing for personal bankruptcy is expected to reach an all-time high of one million in 1996, a banking group said. "We are on a pace to have over one million personal bankruptcies
      Reuter  -  252 words
    • WORLD Watch
      • Article
        Lock icon Nod for labour reforms
        67 6 Bloomberg Business News [BONNj The Bundeetag, Germany's lower house, yesterday gBve final approval to labour reforms and welfere cuts aimsd at saving billion marks (SflSJ billion) ae It voted to overrule objections by the opposition-held upper house. The upper house, or Bundeerat which repreeents Germany's mainly
        Bloomberg Business News  -  67 words
      • Article
        Lock icon Unions Labour over reports
        94 6 Reuter (BLACKPOOL) British trade unions reacted furiously yeeterday to reports the Lsbour Party was planning to sever its historic links with the unions Denials ftota Labour wars oQly half-bellaved by union officials who have been appalled by the way the party has sought in reoent months
        Reuter  -  94 words
      • Article
        Lock icon Russian GDP up 5% in August
        74 6 Reuter [MOSCOW] Russian gross domestic product leapt in August and unemployment edged down, but a big riee in wholesale priose pointed to a bufld-up of inflationary pteesures, official flguree released yesterdsy shewed. ODP rose 5 per cent in August, the biggest monthly Has tor
        Reuter  -  74 words
      • Article
        Lock icon EU wants free trade
        61 6 Reuter [BRUSSELS] The European Union called yesterday for greater international market accees for its textile products, saying major world exporters were preventing European goods from competinf fldriy. A spokesman tor the »U trade commissioner said an appeal fbr meaningful proposals to cut tariff and quotas had
        Reuter  -  61 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      50 6 DOOMEBBUBY By Garry Trudeau i orjWR/ANS-' IJUSTUM7B? tUHYCV /VTOPMS£CONQM%NOSOPf f0Y.BO»- fTtNOTUKB WV* TOKHOH/tUHATS VOUTMNK! friJOfS S&CURfTY, 506UHY /HAN.'I I6&TAU7T imT UP* sT GQN&ONHJTTH rTtTHe SHOULPiOU6U/S?FORTH£ NGGPIO OF&6PeCT, Iftej Tr vosiiakx p&! PCANSW&, I THINK XXAB Oh,COM£OFf IT-NOONB -niATiti iJ-rrr rur* Fen* cxirrAu iosezTHeiß.joeTHesei>A& ?allfor. excepr de^MPTBHURS-PfVmaiN6 BGCAJS& OF UJHATTH&YAIM)- THAT.
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  • COMPANIES & MARKETS
    • Article, Illustration
      Goldtron's interim net earnings down by almost half
      371 7  -  Group ays margins cot uf competition and electronics infantry's downturn By Teh Hooi Ling [SINGAPORE] A weak electronics industry and keen competition nearly halved Goldtron Ltd's interim net earnings to $7.44 million for the six months ended June 30 from $13.43 million
      371 words
    • Article
      Avimo buys 80% stake in US firm for US$ llm
      140 7 [SINGAPORE] Precision optics maker Avimo has acquired an 80 per cent stake in US-based Amarel Precision Instruments for a cash consideration of US$lO.9 million (5515.4 million). Avimo said yesterday US$2.B million is payable to Amarel, while the rest is payable
      140 words
    • Article
      Venture Manufacturing's profit up 90% to $15m
      365 7  -  But operating margin down more than a third to 7.7% By, Jennifer Lien [SINGAPORE] Bucking the trend in the electronics sector, Venture Manufacturing yesterday posted an almost 90 per cent jump in interim net profit to $15.2 million. But operating margin came under
      365 words
    • Article
      Indon central bank's actions aimed at pre-empting crisis
      726 7  -  HOCK LOCK SIEW S N Vasuki THE Indonesian central bank sprang a surprise on financial markets on Wednesday when it widened the rupiah-United States dollar intervention band and raised the reserve requirements of commercial banks. Though the measures were rumoured for weeks,
      726 words
    • Article
      Acma trims Lityan stake, reaping $20.3 m profit
      224 7 [SINGAPORE) Listed telecommunications and engineering firm Acma Ltd has sold down its stake in Malaysian subsidiary Lityan Holdings from 40 to 30 per cent a move that will reap Acma an extraordinary net profit of $20.3 million for this financial year. In
      224 words
    • Article
      Apollo buys mid-market Sydney hotel for A$ 35m
      424 7  -  182-room hotel is its first in Australia and has approval for 81 more rooms By, Agnes Wee [SINGAPORE] Apollo Enterprises has bought a mid-mar-ket hotel in the heart of Sydney for As3s million (5539.5 million) through its whollyowned subsidiary, Laudet Pty. This
      424 words
    • Article
      Acer ups investment in Taiwan unit
      137 7 [SINGAPORE] Mainboardlisted PC-maker Acer Computer International (ACI) said yesterday that it has increased its capital investment in Taiwan subsidiary Acer Global Inc (AGI) to NT$4OO miUion (5520.4 million). Effective last Tuesday, AGl's paid-up capital was upped by NT$3OO miUion, based on ACl's subscription for
      137 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Fall in local brokerages unhealthy: HSE chief
        174 8 AFX-Asia [HONGKONG] Hongkong Stock Exchange chairman Edgar Cheng said the continued reduction in the number of local brokerages "might not be healthy" for the bourse in the long term. Mr Cheng said at a luncheon meeting that the opening up of the local
        AFX-Asia  -  174 words
      • Article
        Philippine Senate to investigate TA Group's 13b-peso project
        415 8  -  Probe to focus on why Malaysian group's stake increased from 66% to 74% From, Al Labita in Manila A 13 BILLION-PESO (*****.5 million) property project involving Malaysia's TA Group and a government-run company will be investigated next week by the Philippine Senate,
        415 words
      • Article
        Lock icon Indon Telkom denies fresh share issue plans
        359 8 No need to raise funds; revenue seen growing by 15-28% this yean top official Reuter [JAKARTA] Indonesian telecommunications giant PT Telekomunikasi Indonesia (Telkom) yesterday said it expected revenue growth of 15-25 per cent this year and said it had no plans for an
        Reuter  -  359 words
      • Article
        Lock icon Menang plans private placement of 20m shares
        149 8 Reuter [KUALA LUMPUR] Menang Corp Bhd said yesterday that it is proposing a private placement of 20 million new ordinary shares representing 9.82 per cent of its issued and paidup capital. The company said that the issue price of the new shares would
        Reuter  -  149 words
      • COMPANY Briefs
        • Article
          Cam Int'l requests trading suspension
          21 8 [SINGAPORE] Cam International has requested suspension of trading in its shares from Monday pending an announcement.
          21 words
        • Article
          Suporbowl profit down 9% to $3.3 m
          43 8 [SINGAPORE] Superbowl Holdings yesterday reported a 9 per cent drop in net profit to $3.3 million for the half year ended June 30. Turnover increased 28 per cent to $20.2 million. No interim dividend was declared.
          43 words
        • Article
          118 Electric potts 8% rise in profit
          35 8 [SINGAPORE] ITE Electric Co yesterday reported an 8 per cent increase in net profit to $450,000 for the half year ended June 30. No interim dividend was declared.
          35 words
        • Article
          Inoc-Pac shares pledged with Kim Eng
          55 8 [SINGAPORE] A total of 134 million Inno-Paclfic Holdings shares owned by substantial shareholder Bintang Piramid (M) Sdn Bhd which were pledged with Hong Leong Finance have now been pledged with Kim Eng Securities. Bintang confirmed yesterday that there was no change in its 18.32
          55 words
        • Article
          Shangri-La loans for associates
          51 8 [SINGAPORE] Shangri-La Hotel is giving its Myanmar associate companies a total ofUS$3.5 million (Ss4£ million) in additional shareholders' loans. Of this, US$2 million will go to Traders Yangon and US$l.5 million to Shangri-La Yangon, which are in the hotel and property development and operations business in
          51 words
      • Article
        Lock icon MUI has no plans for further acquisitions for now
        171 8 Reuter [KUALA LUMPUR] Malayan United Industries Bhd (MUI) said yesterday that it was not planning any further acquisitions for the time being, but that any further purchases it makes will fit within its current businesses. "We are currently in the areas
        Reuter  -  171 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
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        673 words
      • Article
        CONTAINER SCHEDULES
        1133 8 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Biittn/Bilun Rstk Ship Ett/tr Hri* frm T ftm tamc* MM MM M MM* MM MM MH MM MM a MM MM MM MM MAM MAM A uJBM uAiM uMM HfiCTi RfMn JaUi MM HrtJW i «M MM MM S WDM
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    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Gillette to acquire Duracell
        502 9 USs7.Bb takeover of battery maker is firm's largest in its drive to become a global powerhouse Bloomberg Business News [BOSTON] Gillette said it would buy battery maker Duracell International for about US$7.B2 billion (5510.94 billion) in stock and debt, its boldest move yet to dominate the
        Bloomberg Business News  -  502 words
      • Article
        Lock icon Time Warner's US$ 6.5b purchase of Turner cleared
        380 9 leviaeddeal ifegnards fntnre )mpetition, says US •ade commission Reuter WASHINGTON] The Federal ade Commission (FTC) said Thursday it approved Time arner Inc's U516.5 billion $9.1 billion) purchase of irner Broadcasting System >c after the deal was restrucired to meet antitrust laws. The
        Reuter  -  380 words
      • Article
        Lock icon Pacific Dunlop reports huge net loss of A$ l33m
        136 9 AFP [SYDNEY] Australian diversified manufacturing and marketing concern Pacific Dunlop Ltd yesterday posted a net loss of A 1132.74 million (Sslso million) in the 12 months to June 30. The loss compared to a profit of A 594.22 million in the
        AFP  -  136 words
      • COMPANY Briefs
        • Article
          Lock icon Heineken first-half profit rises 6.1%
          42 9 Bloomberg Business News [AMSTERDAM] Heineken, the world's second-largest brewer, said first-half net income rose t0297 million guilders (Ss246million) from 280 million guilders in the same period last year. The result was way below market expectations of3lo-320million guilders.—Bloomberg
          Bloomberg Business News  -  42 words
        • Article
          Lock icon Nestle profit to match sales growth
          39 9 Reuter [VEVKY, Switzerland] Nestle said it expected 1996 group net profit growth to at least match sales growth and said group tales should approach 60 billion Swiss francs (Ss6B billion) tor the year.—Reuter
          Reuter  -  39 words
        • Article
          Lock icon Australis reports A$ 25L7m net loss
          53 9 Bloomberg Business News [SYDNEY] Cash-strapped Australian pay-television operator Australia Media said its net loss widened to A 1251.7 million (*****.9 million) in the year ended June 30 from a lots of Asl22 million in the previous year. The result includes a one-time loss of
          Bloomberg Business News  -  53 words
        • Article
          Lock icon Wheelock sells most ofParc Regal flats
          59 9 Bloomberg Business News [HONGKONG] Wheelock Properties, the property arm of Wheelock Co, said four-fifths of the 41 luxury units on oflfer at Tower 2 of the Pare Regal were sold in the last two days. Some 500 buyers were shown flats at the site
          Bloomberg Business News  -  59 words
        • Article
          Lock icon China securities regulator chief to retire
          35 9 Reuter [HONGKONG] The chairman of the China Securities Regulatory Commission, Zhou Daojiong, will retire in the near future and be replaced by one of his deputies, Li Jiangs. —Reuter
          Reuter  -  35 words
      • Article, Illustration
        Lock icon Set for greater heights
        50 9 [LONDON] Chief executive of British Aerospace Richard Evans Qtft) and finance director Richard Lapthome with a model of the Eurofighter in London on Thursday. British Aerospace on Thursday announced their 1996 interim results with pre-tax profits increasing by 38 per cent to £215 million (Ss43omillion). REUTER
        REUTER  -  50 words
      • Article
        British Telecom-MCI alliance aims for US$ 4b Asia-Pacific sales by 2000
        313 9  -  Phenomenal fignre four times current global sales of USslb By' Teh Hooi Ling [SINGAPORE] Concert a global telecom alliance between British Telecommunications and MCI Communications Corp expects itfe sales in the Asia-Pacific to hit a phenomenal US$4 billion (555.63
        313 words
      • Article
        Lock icon Oracle's first quarter net below expectations
        383 9 Bloomberg Business News [REDWOOD SHORES, California] Oracle Corp's first-quar-ter earnings fell short of expectations as software sales increased more slowly than some analysts forecast. Net income rose to US$ll3 million (SIISB million), or 17 US cents a share, from profit from operations of US$B7
        Bloomberg Business News  -  383 words
      • Article
        Lock icon Senior managers aware of ruinous deals: Young
        381 9 MG AM declined comment on newspaper report of allegations AFP [LONDON] Senior managers at Morgan Grenfell knew about deals which led to the suspension of three investment funds, disgraced fund manager Peter Young alleged in the Independent newspaper yesterday. The newspaper reported that
        AFP  -  381 words
      • Article, Illustration
        Lock icon Billionaire Warren Buffett endorses Salomon recovery
        352 9 Bloomberg Business News [NEW YORK] Billionaire investor Warren Buffett has endorsed Salomon Inc's recovery, saying his Berkshire Hathaway Inc would convert US$l4O million (***** million) of preferred shares into common stock of the third-largest US brokerage firm. At the same time, Mr Buffett made
        Bloomberg Business News  -  352 words
      • Article
        HK listed firm signs US$l2m loan deal
        152 9 [SINGAPORE] Hongkonglisted Min Xin Holdings signed an agreement for a US$l2 million ($16.9 million) term loan facility here yesterday. The interest rate for the facility, with transferable loan certificates, is pegged at 1.5 per cent plus six months Sibor, the Singapore interbank rate.
        152 words
      • Article
        Lock icon Xerox US$ 2.7b deal to sell insurance holdings collapses
        352 9 FT [NEW YORK] Xerox, the office equipment manufacturer, received a cool reception on Wall Street on Thursday after announcing that its ambitious plan to sell its remaining insurance holdings to a leveraged buy-out consortium had fallen through. Negotiations with Kohlberg Kravis
        FT  -  352 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Lehman raising US$l.sb for new buyout fund
        267 10 KohlbergKravis Roberts may be aiming for USssb for similar fond Bloomberg Business News [NEW YORK] Lehman Brothers Holdings Inc is raising US$l.5 billion (Ss2.l billion) for a new corporate buyout fUnd even as competition for investors in these fUnds is heating up. Lehman
        Bloomberg Business News  -  267 words
      • Article
        Lock icon Gold prices safe from IMF sales plan
        379 10 Asian dealers also see little impact from Gulf crisis now Reuter (HONGKONG] Asian gold dealers were eyeing the International Monetary Fund's (IMF) board meeting to discuss gold sales yesterday, but neither the IMF nor escalating Middle East tensions were likely to affect gold
        Reuter  -  379 words
      • Article
        Lock icon Pioneer Fund to become open-ended
        169 10 Bloomberg Business News [TAIPEI] The Pioneer Fund, a NT$4.6 billion (5*236 million) mutual fund traded on the Taiwan Stock Exchange, will become open-ended in November. Open-ended funds can be bought and sold by investors at their net asset value, plus a fee, through fund-manage-ment companies.
        Bloomberg Business News  -  169 words
      • Article
        Lock icon Banks to write off 20b yuan bad debts
        256 10 Bloomberg Business News [BEIJING] Chinese commercial banks are to write off 20 billion yuan (553.4 billion) in loans to bankrupt industries, a senior Chinese banker said. "The money will simply be written off," said Tong Pin, deputy director of the planning department
        Bloomberg Business News  -  256 words
      • Article
        Lock icon Euroyen firms after GDP data
        232 10 SDKEXRevort Reuter [SINGAPORE] Simex Euroyen futures ended firmer on late buying yesterday after a midafternoon drop caused by Japan's higher-than-expected gross domestic product. March Euroyen slid to a low 0f99.04 after the Economic Planning Agency reported that GDP fell a real 0.7 per cent in
        Reuter  -  232 words
      • Article
        Lock icon CURRENCY REPORT
        170 10 Reuter AFP IjOfMiOll SOLID buying on dips below 1.51 marks helped the dollar to bounce back against the mark after a see-saw session that saw it hit two month highs and test the downside after a soft set of US economic data. US consumer price and retail sales
        Reuter; AFP  -  170 words
      • Article
        Lock icon Diesel prices hit five-year high of US$ 28.60
        334 10 ENERGY REPORT Reuter [SINGAPORE] Diesel prices here were quoted at a five-year high on renewed Iraq tension and were poised to breach post-Gulf War record levels as the market enters a period of peak demand, industry sources said yesterday. The high market
        Reuter  -  334 words
      • Article
        Lock icon Euro a challenge to US$ dominance
        315 10 Reuter [LONDON] The euro, the combined European currency due in 1999, could represent a greater volume of trade than the United States dollar area and will eventually challenge its dominance in world financial markets. The challenge will come when uncertainty about the euro's credibility
        Reuter  -  315 words
      • Article, Illustration
        Lock icon Short-term resistance seen for greenback
        413 10 US$/mark: The US$ surged for the first four days of this week, touching a high of 1.5155 on Thursday. Further upside is expected to be limited in the short-term as daily stochastics are at overbought levels. Resistance is seen at 1.5166, which is the minimum
        Source:; ALLAN  -  413 words
      • Article, Illustration
        Untitled
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        598 words
    • Article
      COMMODITY PRICES
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      1,046 words
    • Article
      WORLD STOCK MARKETS
      1729 11 fc»P Note *b A. A. Car* Adr 541/4 A4 Ports 297 1.600 AMtyNMwH 6O6 2.400 AMLytn 447 4.600 Amec 94 unch ArfyB 344 Aa4a Group 104 -.400 MTM 440 5.400 HCC 321.400 3400 BOC Group 851 ♦6.600 Pskrofci— *****0 rnt 275-200 *1400 tank of Scotland 255 -I
      1,729 words
    • Article
      Lock icon TOKYO
      1468 11 Reuter Qnuas *aw.7i STOCKS soared to close nearly 2 per cent higher. The market was relieved after fears that stock prices may fluctuate due to yesterday's settlement of the September futures and options had been soothed, brokers said. The 225-share Nikkei Average was up 398.71 points, or 1.96 per
      Reuter  -  1,468 words
    • Article, Illustration
      Lock icon HONGKONG
      1503 12 Reuter FlHm&Scng *117,32 LATE buying boosted stocks to a sharply higher close, with record highs in HSBC Holdings and Henderson Land shares buoying the Hang Seng Index through resistance, analysts said. The Hang Seng Index closed above the 11,300-point level at 11,369.04, up 117.32. Turnover jumped to HKSS.3I billion
      Reuter  -  1,503 words
    • Article, Illustration
      Lock icon CHINA
      598 12 Reuter flShiadiaiß Share fate -030 SHANGHAI B shares closed down In sluggish trade, with most investors on the sidelines waiting for fresh news. The B Index fell 0.30 point to 50.15 on volume of 7.3 million shares worth US$2.B million. There was speculation among domestic investors that the government
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  598 words
    • Article
      Lock icon TAIPEI
      333 12 AFP HWPMW *45J6 SHARE prices finished higher yesterday as investors bought small-capital stocks. "Institutional and retail investors cautiously picked up small-capital and cheap issues in light of soaring oil prices in overseas markets," said a trader. The TSE Weighted Price Index advanced 45.95 points to 6,471.63. Turnover was 1.24
      AFP  -  333 words
    • Article, Illustration
      Lock icon JAKARTA
      669 12 AFP IjOwMUßtehig *188 SHARES rose on selected buying by major US fUnds. "The market was quite strong. There was quite a bit erf new money coming back into the market, which has been overlooked by ftind managers for a while," a dealer said. The JSE Composite Index rose 2.58
      AFP  -  669 words
    • Article, Illustration
      Lock icon BANGKOK
      808 12 AFP PsgTMn +13.44 SHARE prices rose on late buying by fund managers after a day of flat trading ahead of a no-confidence debate in parliament next week. "Trading was flat but funds usually try to bring prices up if they can at the end of the week so they
      AFP  -  808 words
    • Article
      Lock icon MANILA
      250 12 AFP QlLuriU -QlBB STOCKS slipped amid fears of rising US interest rates. An increase in domestic petroleum prices which took effect yesterday had been discounted by the market. The PSE Composite Index fell 0.88 point to 3,193.68. Turnover was 22.42 billion units worth 1.773 billion pesos. PLDT and Petron
      AFP  -  250 words
    • Article
      Lock icon SEOUL
      398 12 AFP IJOmpoßtelalg -H3B SHARE prices closed lower in the absence of fresh factors and growing pessimism about the market's recovery. "Investors took a negative view of the market, given the large overhang of stocks to be resold for short-term margins," said a dealer. The Composite Index fell 12.38 points
      AFP  -  398 words
    • Article
      Lock icon SYDNEY
      601 12 AFP QUMMn^JU A SHARP turnaround In the resources sector, led by BHP and RTZ-CRA, helped share prices to a higher close. The All-Ordinaries Index rose 15.7 points to 2,252.3. Turnover was 308.5 million shares worth A 5711.6 million. BHP had a volatile day, levelling out around A 516.00 before
      AFP  -  601 words
    • Article
      Lock icon WELLINGTON
      265 12 Bloomberg Business News FlWeflimeton *IJB SHARES were mixed after the central bank insisted that interest rates have to remain high. The NZSE Top 40-share .Index rose 1.68 points to 2,213.90. Bloomberg Busi- i*u ga nw ANZ Banking TMO 0.05 W4S0 AOvwitagn HMgt 1.40 0.02 SOOO Air Maw Zaaiani (A)
      Bloomberg Business News  -  265 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Banks lead shares higher
        7188 13 Bloomberg Business News Index STOCKS rose, led by banking Issues, amid speculation a large stake in investment bank Rashid Hussain will be sold to an international bank. Rashid Hussain increased 50 sen, or 4.5 per cent, to M 511.60. The bank's chairman and major stakeholder, Abdul
        Bloomberg Business News  -  7,188 words
    • WARRANTS & OPTIONS
      • Article
        Good punt for risk-takers
        3436 14  -  WARRANT WATCH By R Sivanithy THE KLSE Second Board has repeatedly proven to be the segment where the best gains are available albeit at a price. Almost all the stocks here have run up significantly and risk levels must now surely be running dangerously high. Still,
        3,436 words
    • Article
      CLOB INTERNATIONAL
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      1,866 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        549 words
      • Article
        MAIN BOARD
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        3,874 words
      • Article
        SESDAQ
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        827 words
      • Article, Illustration
        HOT STOCK
        65 16  -  m Paul Lee ELECTRONIC RESOURCES was unchanged at $1.43 yesterday with 4.68 million shares done three times the lOdqy average if 1.5$ million units. It is likely to drift around current levels b&dre heading north again. Daily RSI is in overbought territory j but thejtveday mooing average line
        65 words
      • Article, Illustration
        STII up 9.83 points to 2,126.27 in active trading
        874 16  -  STOCK MABIBT COMMENTARY Tokyo buyers lead Far East markets to brush off Friday the 13th spell By. Larry Wee [SINGAPORE] Friday the 13th notwithstanding, Far East markets had an impressive session yesterday to round up the week, with most markets ending
        874 words
      • OH THE GRAPEVINE
        • Article
          Einstein and the long bond
          237 16 IN A luncheon talk to bankers yesterday, US Deputy Treasury Secretary Lawrence Summers began with a nice little story that financial market players would especially enjoy. It was about Einstein's trip to heaven. When Einstein got to heaven, he thought "I really want to fit
          237 words
        • Article
          The value of a good education
          91 16 THE market always has to find a reason to explain things, no matter how ridiculous it maybe. Because of the phenomenal price gains enjoyed recently by the shares of three Malaysian companies engaged in the education business —Stamford College, Inti Universal and Systematic Education
          91 words
        • Article
          Niche technology 'market'
          101 16 THE electronics sector may be going through a slowdown at the moment but there seems to be good demand for technology analysts. One head of research needs to find a replacement as his analyst is leaving the industry. Two other stockbroking firms have lost their technology analysts—one
          101 words
        • Article
          Warding off Friday the 13th spell
          83 16 SUPERSTITIONS abound on Friday the 13th, and some government bodies are no exception. Commenting at the launch of the Back To Work campaign to encourage housewives and retirees to work part time, a Ministry of Labour official was overheard as saying that the number
          83 words
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      45 7 iMSßsssr| IMakMg^j How to I create wealth H nothing B Available at Newsstands NTUC Supermarkets Caltex Published by Times Periodicals, member of STOP PRESS kiosks 7 Eleven Mobil Sinaaoore Times the Bookshop Cold Storage SPC Sew p P Kinokuniya Shell BP JJJri mph esso Holdings
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      23 15 ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01 -18/20 ORCHARD ROAD TEL 235 2536.
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      134 15 lb: SPH Audiolfcx Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Td: 740-1493 Pa* 740-2216 1 wish to subscribe to the Quick Stock's Portfolio Manager as follows (pleaK tick the appropriate box; prices indude GST). Subscription Period □12 month. □<Msths 3 Hi at S$6O.M atSs4tJi atSS2S.M Payment Options
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      623 16 BUSINESS XoiUTS IN THE MATTER OE THE COMPANIES ACT, CAP. SB AND IN THE MATTES Of NEW SHAN MOTOR PTE LTD (IN MEMBEES' VOLUNTARY LIQUIDATION) At aa Extraordinary General Meeting of the member* of the abovenamed Company duly convened and held at 20 Maxwell Road #01-02 to #01-04 Maxwell Howe
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      627 16 CHALLENGE RANK LIMITED NOTICE OP MEETING Notice is given to holders of Transferable Loan Cenificaae* (TIC*) iaaaed by Challenge Bank Limited (the lutur) under a Program Agreement dated II April 1994 (the PI tgrmmmi Atntmtmt) between the laauer. BT Australia (HK) Financial Services Lid. (BTHK) and the Dealers that the
      627 words
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      594 16 I( \|)\lK I I s I I I IO I I-f K I I ISU 0 4 I IS S 3 I !■■■■—■■M—l—lf——M A ANA HOTELS SINGAPORE LTD. (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN THAT no Extraordinary General Meeting of the
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      32 16 Home Decor For people who love their homes "For real-time stock information, S call Quickstock on i a minute. IStock numbers \v availably stock pages of The Business Times and Lianlie Zaobao."
      32 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      By invitation only
      1004 17  -  The Tower Club is going to bring new meaning to the word 'exclusive'. Members have to meet stringent entry requirements, and are expected to include Singapore's top bankers and CEOs, jam HB finds out more JAIME EE IT'S opening soon. You may want to join it and
      1,004 words
    • STRAWS In The Wind
      • Article
        Figure thin out
        79 17 TRIVIAL pursuit. What's a quintile? Here are some possible explanations from those with active imaginations: A quintile is like a quint. A quintile is a juvenile quintet. A quintile is a quality attributable to Quentin Tarantino. So if you say "He's really quintile", you mean "He's cooler
        79 words
      • Article
        Wooing the customer
        82 17 COMPUTER companies nowadays seem to be coming up with all sorts of new marketing gimmicks. Hewlett Packard sent us an invitation to "the premiere of a great love story from HP LaserJet". The private viewing of When A Man Loves An HP LaserJet is touted as "more
        82 words
      • Article
        Pretty profitable
        60 17 WE HEAR that in Orlando, Florida, a bonus awaits the real estate agent who sells a luxury home owned by a prominent local plastic surgeon. In addition to the usual commission, Dr Richard Nazareth will also provide up to U557,500 in plastic surgery for selling his U*****,000 home
        60 words
    • VIEWPOINT
      • Article, Illustration
        Lock icon The maverick in A1 Shugart
        2012 18  -  The story of Seagate president Alan Shugart is in many ways the story of the disk drive industry. And the creation of this unpredictable industry often involved giving the status quo a good shake-up. ehmmbth jambs meets the man who, even today, isn't averse to
        ERIC CHU  -  2,012 words
      • Article
        About that Micropolis remark...
        937 18 IN MAY, a remark by A 1 Shugart about government-owned Singapore Technologies' buyout of Micropolis Corp's disk drive business set off a flurry of responses from government officials. Recalling the incident, Mr Shugart insists his comments were "blown totally out of proportion". News reports quoted him
        937 words
    • DESIGN
      • Article, Illustration
        Spanish temptations
        820 19  -  In search of dean carves and fine lines for your home? At Design Barcelona ooun mx finds everything in great shape CORINNE KERK POR THE next two weeks, Spanish beauties will be showing off their curves at Park MalL You can look at them, you can touch them,
        820 words
    • Article, Illustration
      Revolting freaks
      751 20  -  CINEMA ThelsiandOfDr Korean is foil if tarry creatures, bat don't expect them to be even remotely cnte or cuddly By. Jaime Ee A HUNDRED years ago, H G Wells could well have been considered to be as nutty as his fictional Dr Moreau, the screwy professor who set
      751 words
    • Article, Illustration
      End of Eddie's lean spell?
      569 20  -  CINEMA Eddie Murphy learns how to throw his weight around, in a nice way this time, in his comeback vehicle The Nntty Professor By Corinne Kerk IF YOU weigh a sloppy 400 pounds, have to tailor-make all your clothes to suit your flabby frame, and
      569 words
    • Article
      New lease of life for Xanadu
      533 21  -  NIGHTSPOT Ever since the management of Shangri-La's Xanadu changed hands, the place has become a hive of activity By, A Surendren THERE must be some formula for the success of the Europa chain of nightspots. If founder Dennis Foo could bottle and sell it,
      533 words
    • Article, Illustration
      WHAT'S ON
      465 21  -  Compiled by Holly Harrison health Terry Fox Run You don't have to be a marathon runner to participate in the Terry Fox Run (5 or 8 km): you can walk, run, skip, wheelchair or jog. The event is named for Canadian Terry Fox who lost a leg to
      465 words
    • EPICURE
      • Article, Illustration
        Lock icon Indonesian chic
        727 22  -  Upbeat neutrals and clever ethnic touches make Bumbu a visual winner, says jazkbbb JAIME EE THINK Hard Rock Cafe. Think Tambuah Mas. Put them together and you get a hip Indonesian eatery cheerfully named Bumbu. Bumbu, which translates into "spices", adds more life to the otherwise sleepy side
        PHOTOS BY CHRIS LOH  -  727 words
      • Article, Illustration
        Lock icon Great pizzas, Japanese style
        672 22  -  RESTAURANTS Crify—the wtiiie and creamy an the inside, Okonemiyaki's pancakes are definitely worth a try By, Jaime Ee IN THE basement of Orchard Hotel Shopping Arcade, you can make acquaintance with Muddy Murphy, order a latte and surf the Net at this cybercafe that's laid out
        CHRIS LOH  -  672 words
    • Article, Illustration
      CINEMA
      1056 23 Bays. Winona Ryder is a woman on the lam who hides out with a high school boy (Lukas Haas) in Stacy Cochran's offbeat latest Lido: 10.43; I; 3.45, 7.15; 9.15. Oriental: 11.30; 1.30; 3.30; 7.30; 9.3 ft Century: 11; 1.30; 7.45; 9.15. ▲BMiseaa Aflyr. Christopher Walken tries light comedy.
      1,056 words
    • TRAVEL
      • Article, Illustration
        Lock icon Getting tough like Tarzan
        975 24  -  In Sabah you can learn to swing through acres of ancient forests, shoot the rapids, and visit the orang-utan at Sepilok. Audrey phbhra takes a walk on the wild side and sheds a few deep-seated fears along the way AUDREY PHRHRA WE RAPELLED, we flying-foxed, we
        AUDREY PERERA FOR BT  -  975 words
      • Article, Illustration
        Lock icon The comforts of civilisation
        987 24 SABAH isn't only about high adventure and Mount Kinabalu. On the culture front, there is plenty to choose from. For starters, the East Malaysian state has more than 32 ethnic communities, 50 languages and about 100 dialects, making it one of the most diverse of the
        TOMMY CHANG FOR BT; AUDREY PERERA FOR BT  -  987 words
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      7 17 Baffles Conversation Alan F Shugart EL 2
      7 words
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      121 17 Travel Playing W Tarzan in Sabah EL 8 >-.V> -jt ALASKAN KINGS "N TAKE OVER THE REGENT. -V Book a table at Capers from Sept. 11th-17th and you'll dine amongst royalty. Alaskan red king salmon will rule the menu. The crowned heads of U.S. seafood chefs from Ray's Boathouse, Seattle
      121 words
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      80 19 50% discount o« internet courses at renowned computer schools lowest off-peak rate for internet access ease of registration with over ao conveniently located legislation centres 10 min account activation CybarWay P«a l«*- Canting Lana. "iwj Centre. Singapore 14*567 Main Una: 18 0 0 84 *800 fan Una: I*s' http://www.eybarway.ccm.it For
      80 words
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      48 19 ;1 For real- time stock information, 3 M !d call Quickstock on f f 1900-913-0003 T 4 V at 30 cents a minute. •j no Stock numbers are available j*} O in the stock pages of s .♦i i The Business Times 1) and f Lianhe Zaobao. JL
      48 words
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      150 20 The" business Times Futer.Sharpar. Deeper f V*•• V Abold newlookandafiesfaapproadilolfaenewsandviews. Faster with tbe news, and with tbe of the news. Sharper focus on business and markets. Deeper analysis of trends, and more opinion and commentary. 'Start my i i TheßusinessTimes i Subscription now! i I $165.20 (12 months for local)
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      666 21 yLT SIN G TAO BEER Where to wine, dine and entertain sgfe; One of the most appreciated beers In the world Wilt) of efiristmas already?.' P T J292 W!_D -AMt^tRAT tINOUOII 166 Tanjong Pagar Road Singapore *****9 TEL 224 4488 TELEX :RS ***** AMARA FAX 224 3910 I i i
      666 words
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      Page 21 Advertisements Column 2
      156 21 ■Km HB "Dine for Free" Lucky Draw 1 Sep 31 Dec 96 Each week, we wHI be giving a full refund* I for the amount spent I )A Xin Cuisine to 18 lucky winners in our "Mnc for Ree" lucky draw. Accumulate all your receipts wtthin each qualifying period to
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2135 23 TODAY'S TV IBOOMHIHUBP VIUWIMII SJS Jeneral Soedirman DeILSO AM TV Innovation. tlkDetlk Proklamaai I. GOngfU to the lutimatetest'when' 3 S=WSSTSS£2* W. to the Ultimate test When iM Peak Performance hm MN TV Innovations fighting his mistress* husband UO Gillette World Sport Spe- SjM AM Close. (Tim Robbins) takes S£* V
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