The Business Times, 2 November 1996

Microfilm: NL20738
Total Pages: 26
1 26 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/biztimes WEEKEND EDITION, NOVEMBER 2-3,1996
    15 words
  • Article
    MARKET SUMMARY
    19 1 Q MB (-15.06) MU D 53P(-h.«) KhSKGOXP mfS l2i29i7Z_35 sawm. fius ♦tit jakjuttagoju* mot Se IZISM 118
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  • Article
    FINANCE
    35 1 81 U —i o4 ZZZiaoi MM 9J2? YW m UN I Mi iPS UK UM to tia c.182 BAHT UM UK RL'HAIl Itt UO UM m*mm »M 111 —.#.25 TOPCO.—IZ IM (Source: NatWest Bank)
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  • Article
    US investments in S'pore reap return of 18.4%
    576 1  -  Return was lAJ2% in Asia and 12% worldwide last year By l Chuang Peck Ming [SINGAPORE] United States direct investments in Singapore earned US$2.3 billion (553.24 billion) last year for American companies, a return of 18.4 per cent, latest figures from the
    576 words
  • Article
    US leading indicators up only 0.1% in Sep
    280 1 Economists see little reason for Fed to hike rates now Bloomberg Business News [WASHINGTON] The US index of leading economic indicators rose for the eighth consecutive month in September, though the magnitude of the increase suggests growth is slowing. Factory orders for
    Bloomberg Business News  -  280 words
  • Article, Illustration
    Standby to check in and log on
    386 1  -  Hoteliers keen on HotelNet-NEC plan for PC in each room By, Audrey Tan [SINGAPORE] An online computer in your hotel room that's what travellers to Singapore can expect soon if a project involving local firm HotelNet International and Japanese electronics group NEC Corp
    386 words
  • Article, Illustration
    Monitor May properly curbs before raising housing supply further: CRC
    509 1  -  This is to prevent an inadvertent slnmp in property prices, says cost committee By, Anna Teo [SINGAPORE] The government should track closely the Impact of the May property curbs before increasing housing supply any further, the Cost Review Committee has
    509 words
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      Page 1 Advertisements Column 1
      71 1 Ij^H IB Bsf B Bm2| ftirvtys League ma mmynuxm JWpredattonoftheUS (Jollar since then, returns areUkejyto^narrow. art* thispg. Prospective* buyers who are marking time could be drawn to mste their 5 sooner.'" Ink pMr ranks, pg& Market often gets It tal my artwork, pg M Central bankers only know that too
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      Page 1 Advertisements Column 2
      7 1 Unemployment rate unchanged at 5.2%, Pg 7
      7 words
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      Page 1 Advertisements Column 3
      36 1 C y < Ja&zrtW. $wkcupuu<rSingapore Paragon. Suntec City Mall. Daimaru. Isetan Orchard. Ist tan Scorn. Sogo Raffles Citv, Takashimava Kuala Lumpur Star Hill Shopping Centre. KL Hilton. Sogo Pemas Jakarta Plaza Senayan. Sogo Plaza Indonesia J p*-
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      Page 1 Advertisements Column 4
      6 1 Gall to educate public en CPI,Pg3
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        814 2 Figures denote number of respondents Those polled for their views on next week's Singapore stock market outlook are: Alliance Securities, Credit Lyonnais, Daiwa Securities, Deutsche-Morgan Grenfell, Fraser Securities, G K 1 Goh, Kay Hian and Phillip Securities. :aMapr«AMMs hm loeal, Befacc foreign) DBS Investment Research, Oct 30,
        814 words
      • Article, Illustration
        In My Opinion
        312 2  -  Steven Dean Smith Barney Securities Pte Ltd <TTT HERE is the US 1/1/ market heading? f When people pose this question, I usually ask them what kind of timeframe they are referring to (for example, a month, a year, a decade). If they mean in the short
        312 words
    • Article, Illustration
      Keep eye on run-up in Dow's Nifty Fifty
      511 2  -  Original Nifty Fifty led late stage of 1972 bull market before it crashed By. Lee Yoke Har [SINGAPORE] THE US stockmarket's sixyear bull run is being led by a handful of premier companies including General Electric, Gillette, DuPont and Microsoft. Are investors
      FILE PHOTO  -  511 words
    • Article, Illustration
      Home price rise of 5-10% a year fair
      839 2  -  ENVELOPE Property returns can and win Only By] David Goh The writer is a lecturer (Banking Finance Division) at Nanyang Technological University. This fortnightly column covers both property and financial markets. [SINGAPORE senftr Minister Lee Kuan Yew, in a recent speech to
      FILE PHOTO  -  839 words
    • Article
      Kian Ann Engrg IPO seen as a good buy
      367 2  -  Price attractive and firm well-linked to region's development By\ Clarissa Tan [SINGAPORE] Retail investors may have one basic question about Kian Ann Engineering, which launched its initial public offering on Monday. What, exactly, does the company do? Kian Ann distributes replacement
      367 words
    • Article
      Standard Chartered's unit trust reward-risk rankings
      393 2 -Off* ANNUALISH) ANNUALISED 9YRS/MC0TIQN ROK INCEPTION RETURN REWARD/RISK THRU SKP CATEGORY Singapore/Malaysia Equity Funds ovbisyrs oversyrs return MH 12.06 Ml 42.13 e jui87 971 %m~ mm r-v a 1 PW>» 7.75 13? aw r~ Sbx UTSavtaff Fund Feb 80 722 MB 26.50 0 F»b80
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Wing Tai to launch Bencoolen project soon
      235 3 PROPERTY giant Wing Tai will start selling a new mixed development at Bencoolen Street in the coming first quarter. The project, which is yet to be named, will have gross floor area of 298,184 sq ft with 179 apartments, 84 office units and
      235 words
    • Article
      S'pore urged to set up action plan with Japan
      340 3  -  Mm will deepen relationship, says Japanese politician By: Harish Mehta CREATE a "Japan-Singapore Action Plan". And let the two countries be "agents of positive change" in Asia's emerging economies. These were two suggestions made by Japanese politician Yasuhisa Shiozaki, a member
      340 words
    • NEWS Roundup
      • Article
        Honorary doctorate for Lim Boon Heng
        59 3 Lim Boon Heng, Minister without Portfolio and NTUC Secretary-General, was conferred the Honorary Degree of Doctor of Civil Law by the University of Newcastle upon Tyne in England yesterday. The Chancellor of the University, Viscount Ridley, presented the honorary also inaugurated last evening. Membership
        59 words
      • Article
        Mobil raises diesel price from today
        63 3 Mobil Oil Singapore is raising its dieeel pump prices by Ave cents to 56.1 cents per litre with effect from today. The last diesel pump price change was on Mar 9 when It rose three cents to 50.1 cents per litre. A Mobil spokesman
        63 words
      • Article
        Hubei province delegation to visit Nov 3-9
        104 3 A 13-member delegation of senior officials from China's Hubei Province will visit Singapore from Nov 3 to 9. The group will be here at the invitation of Mah Bow Tan, Minister for Communications and Adviser to the Singapore-Hubei Trade and Investment Committee. It
        104 words
    • Article
      Lim Boon Heng calls for educating public on CPI
      601 3  -  Perception gap makAg people think costs have risen more than CPI: CRC report By Anna Teo THE perception gap on inflation and living costs in Singapore exists because of a poor understanding of why costs and spending have risen and how
      601 words
    • Article, Illustration
      ATM card yon can use to shop abroad
      172 3  -  UVf By- Arthur Lee THIS is DBS Bank's new-look ATM Nets card. Its vibrant orange globe with concentric rays design is not the only thing that's miles ahead of the bank's old basic red and white look The card, unveiled yesterday, can
      ARTHUR LEE  -  172 words
    • Article
      S'pore team to study Namibia's training needs: PM
      171 4 SINGAPORE will send a high-level study team to Namibia to discuss its specific training needs and to examine (he possibility of formulating longer-term training programmes, said Prime Minister Goh Chok Tong last night. Mr Goh was speaking at a dinner in honour
      171 words
    • Article, Illustration
      Myanmar will join Asean when it is ready: PM Goh
      367 4  -  It most be willing to assume obligations like Free Trade Area By, Agnes Wee WHETHER Myanmar joins Asean depends on whether it is ready to assume obligations like those that come with the Asean Free Trade Area, Prime Minister Goh
      367 words
    • Article
      Income launches new investment-linked policy
      310 4  -  By\ Soh Tiang Keng NTUC Income has launched its first investment-linked policy which calls for regular payments of premiums instead of a lump sum. The policy is a three-in-one plan offering high investment return, insurance cover and immediate cash withdrawals. Income is using TV comedian
      310 words
    • Article
      Bosch plans to set up 10 joint ventures in region
      330 4  -  Germany company awarded Business Headquarters status By. Audrey Tan GERMAN automotive equipment and power tools maker Robert Bosch will set up 10 joint ventures in this region in the next two years. It will also increase production of aftersales automotive
      330 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1338 4 QTT FlJOff ETA FlICHT ETO AfciOMM Tig 2035 U690 0120 Mm* SOW 1730 SOWO QIC MUM $0230 WIS 0f82 2054 6—<— CZ3S 2035 <y W30 Hanoi VK741 1310 $0176 1130 kmm «JW7 OOP SPITS 1910 VW740 WO AmMM KL643 0550 CA990 0120 NrtYri M693 MIS T6406
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      Page 3 Advertisements Column 1
      227 3 THE ULTIMATE DRIVING MACHINE. THE ULTIMATE FINANCE SCHEME. The BMW 520iA is without doubt one of. The BMW 520iA, a high-performance car fUU lIITCDCCT the most luxuriously appointed and stylishly with a high-performance finance scheme. U7u IHICnCOI designed vehicles on the road today. After all, you've come to expect nothing
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      41 4 I VI H H H IV IHHi W m IB®! j»& > V fl JsB U JSKK Jutßr JSf 4 'Jr MB«WBMEI» r v t ■BiHHP jg fflllirwr''■f JH HP* iini ,J|HH V -"Sis Mtfc ijfl^nHl liJl' M^WB BL f^ffTOry> mi. IWiHHHMHHHni
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      Page 4 Advertisements Column 2
      20 4 Locate its owner through Classification 821 (Found). Simply call CJLT.S. at 1800-737-1166 for this free service. t Another Classified Service
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      145 4 CKVPTIC CROSSWORD JUMUJSB K —|^k —H ——K —B 25 Rex has container for the flower (7) 26 lan must avoid tidal wave (4,33,3,5) yesterday's solution (7) 13 Certain to have plenty as DOWN expected (4,6) gSgßfflKffljKßS 1 Connected all but the last 16 Splendour of magnificent Iffluftffifffftßinflllmoßsi piece of the
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  • REGION
    • Article
      Lock icon US denies sanctions against Petronas
      355 5 KUALA LUMPUR Meiia repots about sanctions over KL'slran projects false, says embassy Reuter THE US embassy in Malaysia said yesterday that the United States has not taken or recommended any action against Malaysian state oil firm Petronas ova- its involvement in projects in Iran. In
      Reuter  -  355 words
    • Article, Illustration
      Lock icon US$20b Natuna gas field tender to open this month
      280 5 JAKARTA AFP INDONESIA plans to open bidding for a contract to develop the Natuna gas field in the South China Sea this month, Research and Technology Minister Bacharudin Jusuf Habibie said here yesterday. The Antara news agency quoted Mr Habibie as
      AFP  -  280 words
    • NOTE Book
      • Article
        Lock icon Myanmar to hit back at EU sanctions
        85 5 AFP [YANGON] Myanmar intends to retaliate against European Union sanctions imposed this week to restrict visas for senior Myanmar officials, Foreign Minister Ohn Gyaw said yesterday. "When certain measures are taken by the EU or any other country, our response will be on
        AFP  -  85 words
      • Article
        Lock icon Ultimatum to striking PAL ground Staff
        59 5 AFP [MANILA} The management of Philippine Airlines (PAL) yesterday ordered defiant ground staff to lift a crippling three-day strike by midnight. The airline reminded strikers of a government order to use the police to ensure free access to company gates. Workers had already ignored
        AFP  -  59 words
      • Article
        Lock icon Korea's Oct trade deficit soars to US$1.5b
        93 5 Reuter [SEOUL] South Korea's trade deficit In October expanded more than 600 per cent from a year earlier due to continued weak semiconductor prices and a surge in crude oil prices, the trade ministry said yesterday. The trade deficit last month reached US$l.57
        Reuter  -  93 words
    • Article, Illustration
      Lock icon Dealing with history
      61 6 [SEOUL] Demolition workers removing a foundation stone, containing a Japanese silver time-capsule with records buried by Japanese colonial rulers qfKorea in the foundations of the Capitol building in 1916. The foundation stone was taken out from Seoul museum yesterday. The South Korean government is tearing down the
      AFP  -  61 words
    • Article
      Lock icon Japan's parliament convening from Nov 7 to elect PM
      240 6 TOKYO Reuter JAPAN'S cabinet formally decided yesterday to convene a special parliamentary session for six days from Nov 7 in which Ryutaro Hashimoto is expected to be re-elected as Prime Minister. Mr Hashimoto's Liberal Democratic Party (LDP) and its old allies,
      Reuter  -  240 words
    • Article
      Lock icon China watchdog warns stock manipulators
      428 6 SHANGHAI Move follows heavy turnover which drove op prices in Shanghai, Shwrchen ejchanflw AFP THE watchdog China Securities Regulatory Commission (CSRC) has threatened harsh punishment against anyone manipulating the country's stock markets, a newspaper said yesterday. The notice follows heavy turnover since early last month
      AFP  -  428 words
    • Article
      LDP choice is reform or repoll, says official
      375 6  -  SINGAPORE He feels poU outcome will posh the party to pursue reforms By' Walton Morais THE Liberal Democratic Party of Japan will have to pursue reforms more vigorously or face the prospect of fresh elections, a party official said yesterday. Yasuhisa Shiozaki,
      375 words
    • Article
      Lock icon China aims for moon landing early next century
      154 6 BEIJING AFP CHINA'S space programme is giving top priority to manned flights in a bid to launch the country's first lunar landing mission early next century, senior officials were quoted as saying yesterday. According to Wang Liheng, vice-administrator of the China National
      AFP  -  154 words
    • Article
      Lock icon Futures trader ends life after losing 10m yuan
      137 6 HONGKONG AFP A FUTURES trading firm executive jumped to his death in Shanghai after notching up losses of more than 10 million yuan (Ssl.7 million), it was reported here yesterday. Song Sucheng, managing director of Huanghai Futures Brokerage Co, leapt from the
      AFP  -  137 words
    • Article, Illustration
      Lock icon Qian approves shortlist for Selection Committee
      334 6 BEIJING AFP CHINESE Foreign Minister Qian Qichen yesterday approved candidates for the 400member Selection Committee to elect post-1997 Hongkong's first chief executive. The China-formed Preparatory Committee, charged with handling Hongkong's transition to Chinese sovereignty, cleared a shortlist 0f409 candidates for the selection body. "The
      AFP  -  334 words
    • Article
      Lock icon STMB in venture to operate new regional channel
      339 6 KUALA LUMPUR Bernama SISTEM Televisyen Malaysia Berhad (STMB) yesterday signed a sale and purchase agreement to acquire a 49 per cent equity stake in Sistem Network Nusantara Sdn Bhd (SNNSB) which would enable the two companies to jointly operate a Bahasa Melayu
      Bernama  -  339 words
    • Article
      China's rice output down 15%, says expert
      562 6  -  BEIJING Govt's claims of bumper crop aeon as a political necessity By\ Peter Seidlitz CHINA'S rice harvests are down dramatically this year, and there is a sense of crisis, said a Beijing-based agricultural expert who estimated output has fallen 15 per cent since
      562 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      1073 5 Singapore Holdings U>ITtP »>« TWI TUM -MBUST 31. HH (incorporated in singipor«) The Directors have pleasure in announcing the audited results for the year ended August 31, 19%. A P Attn Mo aWOUP COWPAWY HeSUItS 1996 1995 Chung* 1996 1995 Change rooo $*000 $*000 rooo TumOVOf 891 .035 833,336 6.9
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      200 6 lITJ Xin Cuisine Presents... Mr Halibut Mr Turbet 9 E«r»f»«i Flilms la mt S(mM HmMv B e among the 18 Umtyk Mm... with til* Xta T«kU lucty^nnerstoget 1 Oct 30 Nov 96 a reftmd for From the depths of the European North Seas, t^ie amount s P ent m we
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  • THE WORLD
    • Article, Illustration
      Lock icon It's economy, Dole, that swings votes
      618 7 US ELECTION It is inflation and jobs that shape attitudes, and Ointon scores on both: analysts Reuter [WASHINGTON! Four years after heeding the celebrated campaign slogan of political guru James Carville and winning the US presidency, Bill Clinton is again betting that "it's the
      Reuter; AFP  -  618 words
    • Article
      Lock icon Dole lowers Clinton's lead to 7.7 percentage points: poll
      337 7 WASHINGTON Reuter REPUBLICAN Bob Dole cut President Bill Clinton's lead to 7.7 percentage points in the Reuters daily tracking poll released on Thursday. Mr Clinton led with 41.9 per cent, ahead of Mr Dole's 34.2 per cent. Reform Party candidate Ross
      Reuter  -  337 words
    • Article
      Lock icon Pentagon decision to shape future of giants in the sky
      377 7 WASHINGTON Bloomberg Business News SOON after the election, Pentagon planners will make a decision that could reshape the weapons industry. At stake may be at least US$lOl billion (Ssl4l billion) and the financial health of the two big US arms
      Bloomberg Business News  -  377 words
    • Article, Illustration
      Lock icon Images of Bosnian war
      44 7 [SARAJEVO] A young Bosnian girl looking at a sculpture of a man without legs in the Bosnian State Gallery on Thursday. The exhibition "Children to Sarajevo" features hundreds of sculptures and paintings done by Bosnian children from primary schools. REUTER
      REUTER  -  44 words
    • Article
      Lock icon UK won't pay for EU pension: Major
      287 7 LONDON Assurance comes as report paints to risk of monetary anion Reuter PRIME Minister John Major said yesterday that Britain would not shoulder the burden of rising pension costs in other European Union countries, a danger highlighted by a parliamentary committee. But he
      Reuter  -  287 words
    • Article
      Lock icon Economic growth in UK next year seen above 3%
      283 7 LONDON Bloomberg Business News THE UK Treasury's panel of independent advisers thought the economy will grow above 3 per cent next year, while price pressure will remain subdued in the short term. The advisers, known as the Six Wise Men, that
      Bloomberg Business News  -  283 words
    • Article
      Lock icon Unemployment rate in US unchanged at 5.2% in October
      363 7 WASHINGTON Other inflation tame so interest rates nnlikely to rise Reuter Bloomberg Business News THE unemployment rate was unchanged at 5.2 per cent in October, the Labour Department said yesterday, as the economy resumed producing new jobs at a healthy pace.
      Reuter; Bloomberg Business News  -  363 words
    • WORLD Watch
      • Article
        Lock icon Swiss banks make progress on funds
        65 7 Reuter [ZURICH] Swiss banks, accused by Jewish groups of sitting on the wealth of Holocaust victims, have apparently made progress in tracking down some missing hinds that have gone unclaimed for decades. RanHwg ombudsman Hanspeter Haeni yesterday called a news conference for Nov 12
        Reuter  -  65 words
      • Article
        Lock icon Mandela defends Rwanda arms sale
        63 7 AFP [PRETORIA] President Nelson Mandela yesterday defended South African plans to sell up to US$lB million (Ss2s million) worth of arms to the Rwandan government as his own foreign ministry said it is reconsidering the deals. Mr Mandela said Rwanda's Tutsi-dominated army was entitled to
        AFP  -  63 words
      • Article
        Lock icon Date for Yeltsin operation out any time
        30 7 Reuter [MOSCOW] The date for Russian President Boris Yeltsin's heart operation could be set at any time, a presidential spokesman said yesterday. Reuter
        Reuter  -  30 words
      • Article
        Lock icon Israel charges security chief over killing
        44 7 Reuter [JERUSALEM] Israeli authorities yesterday charged the security chief of a Jewish settlement with the killing of an 11 -year-old Palestinian boy, saying he beat the child on the head with a pistol butt after chasing suspected stone-throwers.—Reuter
        Reuter  -  44 words
      • Article
        Lock icon Paris cafe denies seized beef is British
        72 7 AFP [PARIS] The Paris branch of the Hard Rock Cafe chain denied yesterday reports that it feces temporary closure after police seized3oo kg of reportedly British beef in its kitchens. A spokeswoman for the trendy eatery said it was providing documents to back
        AFP  -  72 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      49 7 1 jj| I [I 400 Orchard Road #03-45 Orchard Towers (Front Block) Singapore *****5. Tel: 738 7207 (Located above LingZhi Vegetarian Restaurant) Restaurant Hours s"' Dimier I °P lll VMorwebu** Sat, Sou, Public hoiidayi: 11,30 un 1 Opm http//»ww nmgioi.com A new member of 7" ag Lek Group I
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      49 7 DOOHESBPRY By Garry Trudeau XEA3ANHAPtoo 11 FH 30MEMBERS I fTRJ6HT J UNPERLINGS IN TROUBLE. NO. CUN7ONS {A WsAcurn/iv I AND THEIR MRON6POING WAS F A LIBERAL— \A 1 IxJl /9mWNHAVB I FAR MORE SERJOUS! VET THB I HESHOULP cuecx. IJ public forgave reagan f know better, stmU rTa NlDNaer
      49 words
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  • COMPANIES & MARKETS
    • Article
      SPH reports 1.1% dip in earnings to $307.6m
      688 8  -  Publishing group cites 50% higher newsprint prices, economic slowdown Byl R Sivanithy [SINGAPORE] Publishing group Singapore Press Holdings yesterday reported a 1.1 per cent dip in net earnings to 1 $307.63 million, citing higher newsprint prices and the eco nomic slowdown. The
      688 words
    • Article
      Lock icon Lotus' Elise to be built in Malaysia soon
      295 8 NST [NORFOLK] The Lotus superaSht sports car, Elise, will be built in Malaysia for theJGast Asian market, possibly ifi five to six months, Proton chair*fitan Yahaya Ahmad said. Proton has acquired a 63.75 per cent stake in Lotus and Mr Yahaya, holder
      NST  -  295 words
    • Article
      Proton's acquisition of Lotus not an ego trip
      799 8  -  HOCK LOCK SIEW Ven Sreenivasan ANOTHER Malaysian prestige project or a strategic acquisition of technology? That is the question analysts are pondering over after Perusahaan Otomobil Nasional (Proton) and its controlling shareholder, Yahaya Ahmad, announced their takeover of British supercar maker, Group
      799 words
    • Article
      Bre-X gold mine faces hitch as Jakarta withholds final contract
      355 8  -  Pending legal dispute with Indon partner holds up approvals Prom S N Vasuki in Jakarta CANADIAN mining company Bre-X Minerals Ltd, which is developing the world's largest gold mine in Indonesia, has hit a snag with the government withholding a
      355 words
    • Article
      Creative hits $9 on eve of Q1 results
      389 8  -  By Jennifer Lien [SINGAPORE] Anticipation of better-than-expected firstquarter results pushed Creative Technology's stock yesterday up to a five-week high of |9. The counter was yesterday's third top gainer in dollar terms, rising 30 cents on volume of 162,050 share's. The homegrown multimedia
      389 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article
        Yusuf denies deceiving banks
        654 9  -  THE JUMABHOY FAMILY FEUD Defence suggests that's because be bad never thought shares were held in trnst Reports by C Catherine Ong [SINGAPORE] Yusuf Jumabhoy was told yesterday that he would have been deceiving the banks if he had thought that the Scotts Holdings Ltd shares
        654 words
      • Article
        Two-thirds of family shares pledged to banks
        446 9 ABOUT two-thirds of the Jumabhoy family's shares in Scotts Holdings Ltd had been pledged to banks to raise funds for three groups of family-owned companies with total debt of $35.4 million last year. A memorandum on Nov 24, 1995, by financial controller Theresa
        446 words
      • COMPANY Briefs
        • Article
          Sime forms regional JV firm
          57 9 [SINGAPORE] Sime Singapore has formed a new investment holding company with Sime UEP Properties Bhd, a listed subsidiary of Sime Darby Bhd. The new company, Sime Properties International Pte Ltd, will be the vehicle for joint ventures with third parties in the region. It has
          57 words
        • Article
          Stamford buys 2 HK tyre companies
          61 9 [SINGAPORE] Stamford Tyres Corp said it has acquired two new tyre companies in Hongkong, STC Tyres (HK) and Real Courage Ltd. STC Tyres distributes tyres in China. Real Courage wiU be jointly owned with a subsidiary of Tan Chong Motors Holdings Bhd and is
          61 words
        • Article
          Scotts acquires M'sian subsidiary
          36 9 [SINGAPORE] Scotts Holdings, through its wholly owned unit Scotts Centre Management Pte Ltd, has acquired a new subsidiary, Scotts Centre Management (Malaysia) Sdn Bhd. It will operate food courts and shopping centres.
          36 words
        • Article
          Ho Wah Genting suspended
          18 9 [SINGAPORE] Ho Wah Genting International was suspended yesterday at its request pending further announcements.
          18 words
        • Article
          Lock icon Malaysia Mining still in Bakun project
          48 9 Reuter [KUALA LUMPUR] Malaysia Mining Corp Bhd said yesterday it has not pulled out of the Bakun dam project. It was responding to reports that it was reconsidering its planned 5 per cent equity stake in holding company Bakun Hydroelectric Corp Bhd.—Renter
          Reuter  -  48 words
      • Article
        Diperdana launches takeover bid for PDZ
        310 9  -  Move seen to further streamline shipping, haniafljq industry From Ruth Wong in Kuala Lumpur DIPERDANA Corporation Bhd, the intended shipping arm of Malaysian Minister's son Mirzhan Mahathir's {Consortium Perkapaian Bhd, has launched a takeover for another shipping firm, PDZ Holdings Bhd. Diperdana said yesterday
        310 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Asian emerging markets offer best values now
        446 10  -  Five ex-Baring Securities execs recommend exposure to South-east Asia By Siow Li Sen [SINGAPORE] Asian emerging markets are at their cheapest since the mid-1980s barring the 1990-91 Gulf War period and are now showing their best value for a decade, says UK-based Cross
        Source: Cross Border Capital  -  446 words
      • Article
        Lock icon Market support fund may not work: HK SFC chief
        410 10 AFX-Asia [HONGKONG] Hongkong's Securities and Futures Commission chairman Anthony 9eoh said experience from ground the region shows that aftockmarket support funds tend to be ineffective in stabilising markets at times of volatility. Speaking after an address to the Hongkong Chamber of
        AFX-Asia  -  410 words
      • Article
        ITC's S'pore unit closes unprofitable Vietnam office
        337 10  -  Move follows news of tax probe into parent company By\ Harish Mehta [SINGAPORE! India's troubled conglomerate ITC Ltd suffered another blow this week when its Singapore-based trading firm, ITC Global, shut down its Vietnam office on Wednesday as it had been unprofitable for
        337 words
      • Article
        Maybank eyeing Manila bank stake
        338 10  -  Prom Al Labita m Manila MALAYSIA'S largest bank, Malayan Banking Bhd, is eyeing a 58.8 per cent stake in a subsidiary of listed Philippines National Bank (PNB), brokers said yesterday. The Malaysian bank, long rumoured to be wanting to set up in Manila, appeared in
        338 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        686 10 N*B M tartk M Nirtn JmiM rnaumm mm jb im»m 02.1/wt M W *sa J21 ttomru*, oz.tvotoo *s+* apt JM MM'l 02.VS3M to mini* VM J* OtVOTO MMSMr JB llil|lHl OX VMM Mm VM jm mipli 02 1/1200 M**M MM JM MR/MM M VN JB limili 0UV23M UMvMar
        686 words
      • Article
        CONTAINER SCHEDULES
        1334 10 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Boafctat/Maact ftsth Mp Voy Mo Ett/Btr htm fnm To Fw to Ml IB* 04/0400 U OVm 02/0*5* 02/0*0 i worn owi :inx 4 02/1200 02/145* 02/1700 tol*» MM 04/0700 i MBM MBM OVUM OI/ITOO 32/0459 c2/0*00 1 M/0T0C 02/115* 02/VW0
        1,334 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Apple to cut prices of PowerMac PCs by as much as 30%
        315 11 ■m part of effort to make its machines more competitive Reuter [PALO ALTO, California] Apple Computer says it will cut US prices of its Power Macintosh personal computers by as much as 30 per cent to make the
        Reuter  -  315 words
      • Article
        Lock icon Sabena crisis averted as unions accept cuts
        212 11 FT [ZURICH] A fresh financial crisis at Sabena was averted yesterday as trade tfnions agreed to a cost-cutting programme after Swissair threatened to walk away from its 260 million Swiss franc (SS2BB million) investment in the Belgian national airline. Paul Reutlinger, the Swis-sair-appointed
        FT  -  212 words
      • Article
        Lock icon Archer Daniels changes may be hint of succession
        197 11 Reuter [CHICAGO] Archer Daniels Midland Co, which last month pleaded guilty to two counts of price fixing, took steps on Thursday to ease the reins out of the hands of its 78-year-old chairman, Dwayne Andreas. ADM, which faced strong criticism from big
        Reuter  -  197 words
      • Article
        Lock icon Campbell heir sells US$720m in stock
        453 11 Block trade is seventh largest in dollar terms in NYSE history Washington Post [NEW YORK] The grandson of the man who discovered how to can condensed soup sold US$72O million (Ssl.ol billion) worth of shares in Campbell Soup Co on Thursday, the sev-enth-largest block
        Washington Post  -  453 words
      • Article, Illustration
        Lock icon US$100m case against Trump fails
        222 11 Reuter [NEW YORK] The New York State Supreme Court on Wednesday released its decision to throw out the US$lOO million (Ssl4o million) suit filed against Donald Trump by two companies owned in part by Harry Helmsley, according to Jay Goldberg PC, Mr Trump's law firm.
        Reuter  -  222 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Asian nations buying cheap yen to pay back loans, say traders
        505 12 Yen's fall has lessened debt harden of these nations in yen terms Reuter [TOKYO] Asian nations, taking advantage of the recent slide of the yen, have been selling dollars against the Japanese currency in an apparent bid to build
        Reuter; Source: Bloomberg  -  505 words
      • Article
        Lock icon Wal-Mart, Limited file antitrust suit against Visa
        376 12 US retailers say they shouldn't have to accept Visa debit card NYT [NEW YORK] Two of the largest retailers in the US have gone to court to block one of the hottest products of the largest credit card company, Visa USA. Wal-Mart Stores
        NYT  -  376 words
      • Article, Illustration
        Lock icon Higher US$ seen in week ahead
        424 12 USI/mark: Collapsed to a low of 1.5050 on Wednesday before staging a healthy rebound to trade around the 1.5220 level yesterday morning. That the unit failed to take out the low of 1.5008 seen on Sep 24 coupled with daily stochastics just turning up
        Source: DBS Bank  -  424 words
      • Article
        Shell shuts down cracker for 5-week maintenance
        271 12 [SINGAPORE] Shell yesterday shut down a 35,000-barrels-per-day (bpd) cracker for a five-week scheduled maintenance, amidst a still far-from-rosy margins outlook. "While refining margins was not a major consideration, it was a factor," a Shell spokesman said of the scheduled shutdown. The cracker, a
        271 words
      • Article
        Lock icon Stanchart ordered to pay 248m rupiah in damages
        204 12 Reuter [JAKARTA] An Indonesian court yesterday ordered Standard Chartered Bank to pay a Hongkong businesswoman 247.9 million rupiah (S$150,000) after she sued the bank's Jakarta branch for freezing her account. Judge Zulkifli Lubis of the Central Jakarta State Court ordered the bank
        Reuter  -  204 words
      • Article
        Lock icon Euroyen closes off highs
        225 12 SEXEXReport Reuter [SINGAPORE] Simex Euroyen futures backed off in late trade yesterday as Japanese government bond (JGB) futures took a breather after surging to a new high. "It was just some profittaking and position adjustment in line with the fall in JGBs," said a trader. He
        Reuter  -  225 words
      • Article
        Lock icon CURRENCY REPORT
        160 12 Reuter AFP London THE dollar showed only a weak reaction to US employment figures, as they were in line with market expectations, forex dealers said. the Labor Department announced the unemployment rate remained unchanged at 5.2 per cent in October and that 210,000 new jobs were created. The
        Reuter; AFP  -  160 words
      • Article, Illustration
        Untitled
        1199 12 DITHRBAJfK CROSS RATBS Ik,. ft Ftr om r„ KiP*b n» 8ir «7» t05i M2 HS H£ "5 im im *7* ***** iw UN 1001 2170 turn cuss ito IT S fS tsffi dB SKSSS'Si IS S 2:*****2 MM is* Ss. 2 a 3 si J™ iS 1Has i| if iss'sis
        1,199 words
      • Article
        Lock icon Oil falls as investment funds join sell-off
        337 12 ENERGY REPORT Reuter [LONDON] World oil markets, suffering a severe case of vertigo, steadied themselves yesterday after dealers this week said farewell to a storming bull run which took crude to six-year highs. Gold, grains and copper have also been hit by sell-offs
        Reuter  -  337 words
    • Article
      COMMODITY PRICES
      1237 13 STOOM FUTURES Novl MWnaimiiimiimm iSSK0NTRACT(ScMtj/k4) Clou VllMM Qm M—tft Wjfc Um $ftt (tow») Nfamt o«cw >84.00 moo moo 125 1250 Jnf? >33.00 183.00 194.25 SO <329 F«C 97 185.75 WOO HartT 187,00 1400 Ape/Am 97 188.75 188.75 MOO 225 3750 MA»«r 189.00 4260 •H/Dk n 189.50 ISS 3
      1,237 words
    • Article
      Lock icon TOKYO
      1491 13 Reuter OHikMa6 *MM» STOCKS regained their feet by the end of yesterday's session with help from futures-linked trade in the afternoon, brokers said. They said, however, that a wait-and-see mood hung heavily over the market ahead of the long weekend. The 225-share Nikkei Average ended 166.20 points higher at
      Reuter  -  1,491 words
    • Article
      WORLD STOCK MARKETS
      1733 13 ASMrts 171 -.400 AMay MaManal 635 -3 AMMOamac* 475 unch MM. 103.400 -400 AadaGraup 1T7.600 200 ■ATM 420 -8 MCC 291.400 -1 80CGra«p 863.400 -3 "HWIW 645.200 -U.BOO ■T* 252 -5400 MiriSotM 282 -1 Barclay* 9*4 -.400 •M6- 786.400 -1400 ■MMM 394 -4.400 *Mt» 621 -3 f
      1,733 words
    • Article, Illustration
      Lock icon HONGKONG
      1280 14 AFX-Asia Q Hug Sag 4LH SHARE prices closed higher yesterday but off their highs following sharp gains on Wall Street overnight and stronger bond prices, dealers said. They said trading turned cautious ahead of the release of employment figures in the US later yesterday, offsetting some of the earlier
      AFX-Asia  -  1,280 words
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      Lock icon CHINA
      508 14 Reuter □SfcanttißStoMg AM SHENZHEN'S B Share Index was little changed yesterday, inching down 0.34 point to 90.85 on turnover of HK814.71 million. The A market dived on heavy selling triggered by a warning by the China Securities Regulatory Commission of a crackdown on excessive speculation in the market The
      Reuter  -  508 words
    • Article
      Lock icon TAIPEI
      290 14 AFP Pyphia *2108 SHARE prices finished OJ> per cent higher yesterday, buoyed by a good performance from technology shares. "Investors showed interest in semiconductor shares due to their higher earnings posted in the first three quarters," said a trader. The TSE Weighted Price Index rose 29.02 points to 6,455.11.
      AFP  -  290 words
    • Article
      Lock icon WELLINGTON
      234 14 Bloomberg Business News QWeOmgtoi *ttat SHARES rose as pharmaceutical group Fernz Corp gained because of its new investment grade credit rating. The NZSE Top-40 Share Index roee 12.24 points to 2,322.40. Bloom- •"J «a rmm Z V nWn 8J0 0.15 V4002 U» ♦0.01 8900 AkNOTZMiM<A> 2.48 -0.04 16*932 AtrMMZMUna(B)
      Bloomberg Business News  -  234 words
    • Article, Illustration
      Lock icon BANGKOK
      760 14 AFP gs ETMBI *2JI SHARE prices rose 0.2 per cent yesterday in thin trading with some select stock picking seen but with investors showing caution ahead of upcoming elections, analysts said. Improvement in October inflation data flailed to lift investor confidence with the market having discounted the figures, a
      AFP  -  760 words
    • Article
      Lock icon SEOUL
      377 14 AFP prifHili Mm ♦MJS SHARE prices closed 1.4 per cent higher yesterday on a rebound following recent falls, dealers said. The Composite Index rose 10.25 points to 767.84. Turnover was 29.2 million shares worth 460.6 billion won. Advancing issues outnumbered those declining 717 to 164, with 110 shares unchanged.
      AFP  -  377 words
    • Article
      Lock icon SYDNEY
      509 14 AFP DalMUmilm jU SHARE prices slipped 0.5 per cent yesterday after an earty surge in blue-chips turned into a sell-off later in the session. The All Ordinaries Index fell 10.8 points to Turnover was 311.9 milllnn shares worth A 1835.1 million. BHP finished 10 cents firmer at A 516.85,
      AFP  -  509 words
    • Article, Illustration
      Lock icon JAKARTA
      600 14 Reuter □OfMtohiß +2J3 SHARE prices closed 0.5 per cent higher yesterday on the back of gains in selected stocks led by market bellwether Telkom, dealers said. "The market picked up a little bit," said a trader. "Some people were beginning to go after undervalued stocks." The JSE Composite Index
      Reuter  -  600 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Foreign funds shore up prices
        7979 15 AFX-Asia Composite Index SHARE prices closed higher yesterday on continued buying support of selected blue chips from foreign fUnd managers, dealers said. The KLSE Composite Index closed up 4.17 points at 1,172.48 on volume 0f263.6 million shares worth M 52.3 billion. Sectorial indices were mixed.
        AFX-Asia  -  7,979 words
    • WARRANTS & OPTIONS
      • Article
        Heshe wrts attracting interest
        3412 16  -  WARRANT WATCH -By Paul Leo HESHE warrant seems to be attracting quite a bit of interest lately. It was unchanged yesterday at 26.5 cents with 229,000 units done. Its underlying share ended half-a-cent higher at 36 cents with 434,800 units done. The growing interest could not
        3,412 words
    • Article
      CLOB INTERNATIONAL
      1728 16 mmmmmmmmBasmammmmmmmmmmmmmm a ,> a g «g p g asr 625 360 mi 5000 AISSSOc 440 cd 420 4N 10 43 03 917 43U *2 m !!m, tf 0 01 J76 933 94 *4 MS 4jO U U 2U 5SU 120 200 l»S 9002 Aleora ,200 a >*7a 12*
      1,728 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1144 17 TUW0W1COOO) VALUCCOOO) cut til mm o* um MtntrW 43,041 VU99 57J40 159.299 Mw«M 174,959 nunc* X2Q7 2.604 |M 3U450 3.174 34.424 HHHl UN Z» UM XHi 370 4.332 »>9«rtm 4.U0 4.491 *,321 >7.110 V242 32.372 «Wtottor> 492 492 UOI U01 MM»4 210 210 MI M2 M-W 2.530 3,945 MR UM
        1,144 words
      • Article
        MAIN BOARD
        4549 17 Or Or M Wt r_ MM LMt Va4 Day LmIOdM >* Mv VM Nat Cm A«g t— Mm CW|M> Ml fOOOl MM> t— Bwyar 8a*» Cw M »g Prtaa ■111 TBI (II l i PPPIMMV v VTVtfflbftpfc)* 5146 ASE NT$10 200 US- 1000 900 ASFUSS0.***** US900 690 90.0
        4,549 words
      • Article
        SESDAQ
        846 17 a r&, *s as aa; mbm 2 S m :!SS 2? «S "S 3 2" OJ u 3jt2 2001 Atlamatrti 50c 128 *1 24 U0 127 127 O* -CI JU 127 97 43 2002 AxttcMSc SL9 2901 52 49 51 51.5 90AN 4.7 2.9 7.4 MM SI 70 42.5
        846 words
      • Article, Illustration
        Slowdown of economy continues to spook investors
        900 18  -  STOCK MARKET OOMKBMTAST Concern projected recovery might not come by Q1 or Q2 next year; poor prognosis for property stocks sign bank earnings could be hit By Ven Sreenivasan [SINGAPORE] The Singapore bourse had another weak session yesterday as concern mounted over the
        900 words
      • Article, Illustration
        HOT STOCK
        74 18  -  -bfl Paul Leo VAN DER HORST has been trading a triangle formation on the monthly chart since hitting an all-t--ime high of $9.65 in January 1994. At yesterday's clof ing of X 5.15, it is close to the base of the triangk. Monthly RSI is bouncing up from
        74 words
      • ON THE GRAPEVINE
        • Article
          Rajabali wants to be around
          146 18 WILL old man Raj aba] i Jumabhoy live to hear the judgement on the multi-million dollar feud over the family estate? That must have weighed heavily on lawyer Harry Wee's mind when defence counsel K Shanmugam and Davinder Singh, and the judge were discussing ftiture
          146 words
        • Article
          Bank goes purple and yellow
          71 18 OVERSEAS UNION BANK customers should take a closer look at their bank's decor on their next visit At the launch of its Global Auto Cash Card on Thursday, the bank revealed that it is using royal purple and golden yellow as an advertising identity and
          71 words
        • Article
          A cashless culture
          81 18 MASTERCARD International president in charge of the Asia-Pacific region James Cass in said the Japanese just love to carry piles of cash with them wherever they go. But he happily said on Thursday this will change with the launch of the OUB Auto Cash Card, which uses
          81 words
        • Article
          Twelve speeds for Christmas
          102 18 IF YOU were investing in Singapore electronic companies which make CD-ROM drives, hold your horses. A Hongkong company is set to introduce a 12-speed next month, just in time to catch the Christmas crowd. This will mark a tripling of capacity for CD-ROM drives in 1996,
          102 words
        • Article
          Taking no chances
          75 18 GIVEN the miserable state of the unit trust market, major fUnd manager Schroders is taking no chances with their latest offering, the North Asia Fund. It was launched on Oct 28 and has as its unofficial mascot the koi carp. For those who don't know the significance,
          75 words
        • Article
          Official's bluff?
          103 18 DID Hongkong Chief Executive hopeful Simon Li really leak the GDP growth rate of 4.75 per cent for 1997 supposedly agreed on by London and Beijing? The former judge who is a vice-chairman of the Preparatory Committee had come under heavy fire this week for supposedly leaking the
          103 words
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      80 8 proudly presents N 1 W 50 YEARS EXPERIENCE Mike Robbins and Wal McKenzie as owners of Black Ridge Opal have over 50 years experience between them in the mining, cutting and polishing of precious opals. As a master cutter, Mike will be available to answer all questions regarding this very
      80 words
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      329 9 I pYOTA OAS9CS jSgm ay*f^MfjgQyf.■ > It's that time of the year again when we invite you to a world of S^zSE^Sh* harmony. Yes, it's time for Toyota Classics 1996. And it is with great "M pleasure that Toyota Motor Corporation and Borneo Motors Singapore present this year's evening of
      329 words
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      92 11 fi 1 I HALL j 400 Orchard Road #03-45 Orchard Towers (Front Block) Singapore *****5. Tel: 738 7207 (Located above LingZhi Vegetarian Restaurant) Wrfcome to Jjm where the <- f M fun and nostagia of an authentic old-tmie Ikying 'pining !2lall awaits you. ■JfT> [h] lx k jdXeUvejheJors long pp|,
      92 words
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      Page 11 Advertisements Column 2
      71 11 NEW LUXURY APARTMENTS. One, two and three bedroom apartments and penthouses at two Central London locations. I 1 »J|iM v. w. n k KLgjy^j ii i si: |B| i i i i i Mil B i i *I'Ki«iliiiiTiTT«vi hi I S THE EXHIBITION j Sf;Vj Hi j Ct) j IjCM
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      42 14 How to enhance your company profile? j l«» 11 in I mil. riil JIM* loJI i JI or 11 <»t ull < I 7lnJn |J 1 Singapore I I ♦The Manila stock market was closed yesterday. Singapore Business -Giving you the winning edge
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      135 15 I Send IP free faxes today! I I I \fo™ L ™\mk Got an Internet account...try out Send e-mail to any place in Vl3r I I II Milk Asia One's Fax Mailer where you \f* I m continental United States from I can send e-mail f/ HHlft|| anywhere in the
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      89 16 'MH—i nn heay y equipment parts for more than 500,000 item \V* WBZ encompassing 150 brands to customers throughout Southeast Asia. With an advanced on-line inventory system and an international network of customers in the infrastructure development, construction, agriculture, forestry, mining and marine industries, Kian Ann endeavours to be 'The
      89 words
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      103 17 J WE RE A BANK 0F KNOWLEDGE ON II Ma UNIT TRUSTS T0 LEARN more, just call. IK Investing in unit trusts is a good way to diversify your portfolio. And nowhere will you find a greater body of knowledge about them y than at Citibank. To find out about
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      Page 17 Advertisements Column 2
      54 17 You may have been unable to get your copy of The Business Times, The Straits Times, The Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home
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      233 18 EXECUTIVE Appointments •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 > Iks> PENINSULA SECURITIES SDN. BHD. (***** V) (A Member Company of The Kuala Lumpur Stock Exchange <w. t a Johor Bahru-based stock broking firm and an fast expanding our client bate. I We are looking for ambitious and talented Malaysians keen
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      28 18 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 18 Advertisements Column 3
      399 18 HOME DECOR For people who love their homes BUSINESS Xotices l<> \l >\ I K I |s| I I KHI-IKII IS<M>-7-|| ISM NOTICE IS HEREBY GIVEN that, I Koh Boon Tiang of Blk 34 Upper Cross Street #11-136 Singapore *****4, have applied for a First Class Beer House Licence in
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      Page 18 Advertisements Column 4
      326 18 The Gaapaaiet Act, Cap. 30 AMUA HOLDING PTE LTD (k \bbmtary tqmUimtm) SPECIAL RESOLUTIONS PASSED ON 9* October, 1996 At aa extraordinary general mot*** It* conipaay held oa (he 9th da; of October, 1996, the following fecial mcilMiuiM not paaaed: (a) That Ihe Coif my be woaad ap (b) Thai
      326 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Here comes the groomed...
      1210 19  -  Male beauty salons and grooming schools are gradually making their presence felt in Singapore to cater to a growing demand, and to perhaps make some handsome profits, corimmb kbbx reports CORINNE KERK POR YEARS, men have watched sometimes in silent admiration, sometimes in amusement and at
      PHOTOS BY CHRIS LOH  -  1,210 words
    • STRAWS In The Wind
      • Article
        Berth of a queen
        50 19 WANT to go on a QE2 cruise? You can, with Diners World Travel, except that one of its brochures calls the luxury liner Queen Elizaberth 2. Were they making a pun on the word "berth" or did someone burp while dictating the words to the typist?
        50 words
      • Article
        Hot dog
        40 19 SOMEONE visiting the pet hospital at Mount Pleasant was rather surprised to notice that it had a pet crematorium. But what really tickled her was that under the sign "Pet Crematorium" was another sign which said: "No Smoking".
        40 words
      • Article
        Fare comment
        65 19 You certainly can't fault waiters for their candidness. When we asked this waiter at a fancy new restaurant in town whether he would recommend the duck soup or the black bean cake, he thought for a minute and replied: "If you like soup, take soup, lah. If you
        65 words
      • Article
        Help wanted
        73 19 Scene in a video shop: A customer walks in and asks the counter girl if she has Boyz 'N' the Hood. She says "yes" and points to a cluttered shelf. After searching unsuccessfully, the customer goes back to the girl and asks: "Do you have a catalogue?" The
        73 words
    • PURSUITS
      • Article, Illustration
        Lock icon Business on the fairways
        972 20  -  The BT Corporate Golf League is back and players get to network with business contacts, while improving their handicaps. cham reports EILEEN CHAN Reshuffle ail your Friday appointments. The Business Times Corporate Golf League starts again in the middle of the I month, and it will
        PHOTOS BY ARTHUR LEE  -  972 words
      • Article
        54 firms apply for 30 places in tourney
        236 20  -  By Ven Sreenivasan THE 2nd Business Times Corporate Golf League received an overwhelming response this year, according to its organiser John Burgess Associates (JBA). At the launch of the event at the Hyatt Regency Hotel yesterday JBA managing director John Burgess revealed
        236 words
    • COVER STORY
      • Article, Illustration
        Lock icon A cut above the rest
        974 21  -  Top hairdresser Georgie Yam tells ooßima kerk about his start in the business and what lies ahead CORINNE KERK IF not for his grandmother, hairstylist Georgie Yam would be serving as a priest instead of styling the hair of well-heeled men and women in Singapore.
        PHOTOS BY CHRIS LOH  -  974 words
    • Article, Illustration
      Lost in a battle of Hollywood cliches
      611 22  -  CINEMA Courage Under Fire doesn't deserve a medal of honour wken it comes to realism By i Corinne Kerk NOW that Vietnam War movies have been done to death, it seems like a natural progression to go on to the next war, and
      611 words
    • Article, Illustration
      Painful trip through reality
      629 22  -  CINEMA Trainspotting is more than just a movie about down-and-out Scottish junkies By, Jaime Ee QUENTIN Tarantino? Oo's 'at? Eh's 'istory now, 'at's wot eh is. If he thought Pulp Fiction couldn't be topped in terms of attitude, style and brashness, he never bargained for Trainspotting,
      629 words
    • Article, Illustration
      Lock icon A bit of Miami Vice in the Village
      640 23  -  NIGHTSPOT Wala-Wala Cafe Bar in Holland Village is a clash of cultures, colours and clothes By A Surendren THERE is a little touch of incongruity in Holland Village, if you haven't already noticed it. You will And it in the form of
      CHRIS LOH  -  640 words
    • Article, Illustration
      WHAT'S ON
      385 23  -  Compiled by M Yasotha THEATRE Rosnah Written by Haresh Sharma, Rosnah is a monologue devised by Alvin Tan and acted by Alin Mosbit. Tale about a young Malay woman who leaves for London to pursue her education. While there she faces the influences of a foreign and unfamiliar
      385 words
    • EPICURE
      • Article
        Revisiting Domaine Romanee-Conti
        742 24  -  WINE CONNOISSEUR With a boanttfal harvest, the vineyard is hopeful that this year's vintage will be a good one By 3 N K Yong WE were 30 minutes late for our appointment but when we telephoned ahead to warn them, the cheerftil reply was "no problem". The
        742 words
      • Article, Illustration
        Down-to-earth cooking
        710 24  -  Pan-Pacific Hotel's new Italian restaurant offers the unpretentious flavours of Tuscany, jazbke bb savours selections from the menu JAIME EE IF EVER there was a restaurant that could be labelled tacky (and there are many of them), it would be Pan Pacific Hotel's ersthwile Seafaod Place—so full of
        710 words
      • Article, Illustration
        Lock icon Lau Pa Sat goes back to basics
        512 24  -  EATING OUT With 200 food stalls to choose from, the best way to start is to look for the longest queue By, Jaime Ee SOMETIMES, there is merit in going back to the basics. This might best be exemplified in the case of
        FILE PHOTO  -  512 words
    • Article, Illustration
      CINEMA
      1077 25 A* First Sight. Jonathan Silverman (The Single Guy) can't meet women he falls for and his pal Dan Cortese can't commit Savoy: 1; 9.15. Clubhouse Detaotlre#. A group of young kids set out to prov* that their famous neighbour murdered his wife. Golden: 3.30pm. Clementi: 1.15; 3.15. New Crown:
      1,077 words
    • TRAVEL
      • Article, Illustration
        Lock icon A village made for shopping
        698 26  -  A little sleepy town an hour frop) London has become a haven for bargain hunters, jaxbce be checks out the designer goods on sale there JAIME EE IN A FAIR world, all designer clothes would be priced the same in Singapore as they are elsewhere
        PHOTOS BY COURTESY OF RETAIL VALUE PLC  -  698 words
      • Article, Illustration
        When seeing is believing
        598 26  -  Ripley's newly-opened Odditorium in Jakarta Is a goldmine of all things bizarre By] Parvathi N Narayan PUSH open a blood-red, hand-shaped handle, go past statues of a beatific hippo drinking from a tap suspended in mid-air, the fattest and thinnest man in the world enter Ripley's
        598 words
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      343 21 THE BUSINESS TIMES LIFESTYLE EXCLUSIVE HH P>^ PicnßE YoußSElf wiih tliese GolfiNq Greats at tlhe 1997 JohNNiE WAIkER CUssic The seventh Johnnie Walker Classic will be held from 21 -26 January 1997 at Hope bland Golf Gub on the stunning Gold Coast of Australia. You could be among Johnnie Walkert
      343 words
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      135 22 SINGAPORE BUSINESS To SPH AudioTex Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quickf lock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period Ql2 months Q 6 months Q 3 months at
      135 words
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      Page 22 Advertisements Column 2
      67 22 »M US I 'li Hf I HPS WtHP* siil^^iil a T ~m II 111 11 g?l*' rj b__ P j jjjjj teniHL f i I^<&&*%& tNB^BMbIB V m/jjmmjmm w—m* |h^| -*..n M 386ftK«3» j^FBfe^^Bb\ IJ|\^ SINGAPORE'S MOST INSPIRING HOMES 143 PAGES OF WONDERFUL ROOMS AND IDEAS A GREAT BOOK FOR
      67 words
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      Page 23 Advertisements Column 2
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      19 24 OVERALL RATING: 7outqflo DRESS CODE Casual chic Tuscany Ristorante Pan Pacific Hotel 7 Raffles Boulevard Singapore *****5 TeL 336-8111
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  • Page 25 Miscellaneous
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      Page 25 Miscellaneous Column 1
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