The Business Times, 12 April 1997

Microfilm: NL20874
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 023/12/96 85<t SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, APRIL 12-13,1997
    14 words
  • Article
    MARKET SUMMARY
    58 1 sin MC&4B (-18.79) nvr-sii mm mis (-6.32) BTOOMP SMJB3 (-16.14) VtUßk mm (-14.33) WQg MAHET DOMCES Friday Change KIjSKCOMP U»* -MO NIKKEI 17JMM8_**1» HANOSENO ltilM«—♦lWJi SET INDEX 7tt« t-71 JAKARTA OOMP —$17.11 MANILA COMP —1»7178 +J7.W TAIPEI WPt 8JMM8 SEOUL COUP mM CU3A CHINA B —lJ97Jt 4J7 AIJST
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  • Article
    FINANCE
    70 1 EHSUMQE BATES US* St USt 1W s iea 1332 DM 9836 YKN1M MM 1141 MS 9-399 0-574 HKS M» 0.188 BAHT «8 0.066 RlPIAIHfO 0.042 0.060 FUME BATES SINGAPORE* 6.44 KUALA UJMPVR— JAKARTA 18.90 BANGKOK 1328 MANILA 1180 HONGKONG 8.50 TARL. SYDNEY 6.» TOKYCU A5 SBOUL a 10.* ZURICH**
    70 words
  • Article, Illustration
    Lock icon Property stocks dive on talk of new HDB curbs
    414 1  -  Late afternoon rumours send STLL down 19 points, property index plunging 5% By: R Sivanithy [SINGAPORE] Local property stocks buckled in late afternoon trade yesterday on rumours that the Singapore government would be introducing new rules on the resale of Housing
    Source: Bloomberg  -  414 words
  • Article
    Lock icon Dow plummets 102 at 1pm
    77 1 Reuter [NEW YORK] Stocks plunged yesterday after strong economic data convinced many investors that Wall Street was facing further Federal Reserve interest rate hikes. The Dow Jones industrial average was down 102.56 points, or 1.57 percent, at 6,437.49 at 1 pm EDT.* Losers swamped gainers
    Reuter  -  77 words
  • Article
    Brakes on easy payment car loans?
    270 1 [SINGAPORE] The Monetary Authority of Singapore is reviewing innovative easy payment schemes recently introduced by car distributors, according to the Television Corporation of Singapore (TCS). TCS yesterday reported that the MAS may curb credit schemes like the highly successful "balloon payment" scheme recently introduced
    270 words
  • Article
    TAS: No conflict in our chairman heading ST group
    430 1  -  By i Catherine Ong [SINGAPORE] The Telecommunications Authority of Singapore (TAS), the body that will award up to two new telecoms licences next year, said there is no conflict of interest in its chairman, Teo Ming Kian, becoming the non-exec-utive chairman
    430 words
  • Article, Illustration
    Lock icon Apple axes 101 S'pore jobs, shuts Design Centre
    407 1  -  All RAO work will now be consolidated in Apple's Cupertino HQ By] Raju Chellam [SINGAPORE] Apple Computer yesterday shut down its Design Centre in Singapore and laid off 101 employees, including researchers and software engineers. The company said the moves were part
    FILE PHOTO  -  407 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      145 1 mHIDB Slow rOW?B7 Analysts do not expect to see an early comeback for the KL market in the wake of last week's heavy selling, Pg2 Artistic portraits The works of Georgette Chen and Shi Xiangtuo, two artists who have left an indelible mark on the local arts scene, will be
      145 words
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      Page 1 Advertisements Column 2
      65 1 i HSW REUTER Hie seconds tick away for Gowda [NEW DELHI] Jf isa long day in the Indian parliament At press time in Singapore at 1.30 this morning, the marathon debate was still raging but it increasingly looked like the end for Prime Minister H D Deve Gowda's beleaguered coalition
      65 words
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      Page 1 Advertisements Column 3
      123 1 I. v. j Get Credit Link... No joining fee. No Annual fee. No Guarantor. No Hassle. A personal revolving line of credit that gives you unparalleled access to ready funds in an instant, for any purpose at home and around the world, 24 hours a day. |ust writing a cheque,
      123 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S Eye
      • Article, Illustration
        BT Sentiment Index
        624 2 Those polled for their views on next week's Singapore stock market outlook are: Alliance Securities, ING Barings, Daiwa Securities, Fraser Securities, GK Goh, Deutsche-Morgan, Merrill Lynch. Jurong Engineering (Buy) Fraser Securities, April 9 It has announced the issuance of five-year $20 million unsecured bonds. The company plans
        624 words
      • Article, Illustration
        In My Opinion
        360 2  -  Takaaki Yoda Head, Citibank Global Asset Management (Japan) ***** e view the recent \J\I sharp fluctuation M in the Japanese stock market as a sign that the worst may be almost over. Japan's economy has experienced major upheavals over the last seven years, as it adjusted to
        360 words
    • Article
      KL unlikely to see mega gains
      1250 2  -  KLSE not expected to make big comeback after hammering; ING says stocks not cheap but there's buying opportunity By Leo Yoke Har [SINGAPORE] IS there scope for the Kuala Lumpur stockmarket to make a huge comeback after the sharp sell-off following Bank Negara's new
      1,250 words
    • Article
      MMI a good bet despite weaker IPO sentiment, say analysts
      682 2  -  High growth seen for company; also, share offer price is fair By. Annette Pau [SINGAPORE] Analysts like disk drive precision components maker MMI Holdings for many reasons it's in a high growth industry, it's expected to post strong growth, and
      682 words
    • Article
      The dangers of cheap money
      822 2  -  The Back of the ENVELOPE Reason Fed is raising price of money is that it has become cheap for unsustainable, unreliable reasons By. David Goh The writer is a lecturer (Banking Finance Division) at Nanyang Technological University. This fortnightly column will cover both property and
      822 words
    • Article
      Stocks seen recovering later this year
      506 2  -  EYE ON THE BECKON: JAKARTA By\ S N Vasuki AFTER touching an all-time high of 703 in February, the benchmark Jakarta Stock Exchange Composite Index (JSX) has seen a major correction in recent weeks as foreign and local investors preferred to book profits. The
      506 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      An offence to offer int'l phone calls via Net without licence: TAS
      401 3 COMPANIES which provide international phone-to-phone call service via the Internet without a licence can be prosecuted, says the Telecommunication Authority of Singapore (TAS). Such service cannot be offered "discreetly or otherwise" in Singapore, TAS said in response to
      401 words
    • Article
      GST refunds made easy for tourists
      301 3 TOURISTS will soon be able to get more GST (Goods and Services Tax) cash refunds and instantly too, at Changi Airport. The minimum amount spent to qualify for GST refunds will be lowered from $500 to $300, said Yeo Khee Leng, assistant chief executive
      301 words
    • Article
      SingTel cuts numeric paging fee to $9.50
      510 3  -  Monthly fee's the cheapest so far; reaction to competition comes sooner than expected Reports by Teh Hooi Ling FEELING the heat, Sing Tel Paging has reacted sooner than it said it would to competition. Yesterday, the company lowered its numeric paging subscription to
      510 words
    • Article
      Income to cut bonus rates from '98
      322 3  -  Insurance co-op says it plans to reduce rates by 8-11% By I Soh Tiang Keng NTUC Income will defer cuts in bonus rates for its life insurance policies to next year. The insurance cooperative said yesterday that it planned to reduce the rates
      322 words
    • Article
      Wales could draw $50m investment from S'pore
      245 3 WALES, which has attracted over $9 million in Singapore investments, could attract another $50 million within the year from companies here. David Rowe-Beddoe, chairman of the Welsh Development Agency (WDA), told BT the agency was currently in talks with "four Singapore companies, most
      245 words
    • Article
      Corrections and clarifications
      59 3 ON April 7 we reported Edmund Tie Co as saying that the capital value of office space in Raffles Place averaged $2,330 psf in the first quarter, a fall of 6 per cent from a year ago. This is incorrect. It should have been a rise of
      59 words
    • Article, Illustration
      Bazaar to kick off Great S'pore Sale
      351 3  -  liy. Ang Wan May THIS year's Great Singapore Sale promises to be bigger and better than before. A two-day bazaar with carts of food and discounted quality items at the Civic Plaza outside Ngee Ann City will launch the event on June 27.
      351 words
  • Page 3 Advertisements
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      160 3 CRYPTIC CROSSWORD 28 Cloak chapel semi"- transparent (7) DOWN yielding a profit with the YESTERDAY'S SOLUTION 1 Home of the brave? (6) French turnover (10) IplalrltlilcllleMglalrlllilcl 2lt isn't a common find (6) 15 Called to see Pedro falling IqMamnlbol^MbdMamol 3 "Can be reached via cable," out with Penny in row
      160 words
    • Miscellaneous
      Page 3 Miscellaneous Column 2
      187 3 THE WEATHER Singapore: Generally hazy showers with thunder in the evening. Temperature (29-23) Europe Hl/Lo* Cood. America Hl/Lo* Good. Amla-Paclllc Hl/Lo* Cond. Ajnsterdam lift! Cloudy ft*** Aires 25.11 Cloudv ~d 1&15 Showers Attxus h/W Cloudy Hanidiok ST« (loud) He* 1404 (In* 19 07 Cloudy Bettasl IMS Cloudy |j£"*%r 27/20 Cloudy
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  • REGION
    • Article
      Lock icon Indian govt on brink of fall
      628 4 NEW DELHI Last-minute talks fail as PM Gowda refuses to resign to placate Congress party AFP INDIA'S 10-month minority coalition government faced imminent collapse yesterday after failing to work out a lastminute deal to cling on to office. The 545-seat lower house was set
      AFP  -  628 words
    • Article, Illustration
      Lock icon Taiwan allows direct sailings for four China firms
      366 4 TAIPEI But the ban on contact stays and Chinese goods still cannot enter Taiwan Reuter TAIWAN said yesterday it would allow four shipping firms from arch-rival China to sail directly across the Taiwan Strait to the island, cautiously easing a ban dating
      Reuter; REUTER  -  366 words
    • Article
      Lock icon Forfeit Selangor CM's A$1.2m: prosecutor
      197 4 BRISBANE Reuter NST AN Australian prosecutor yesterday demanded that a top Malaysian politician charged with trying to illegally export some Asl.2 million (551.35 million) in cash be forced to forfeit the money. Selangor Chief Minister Muhammad Muhammad Taib was detained at Brisbane airport last December
      Reuter; NST  -  197 words
    • Article
      Lowered ratings likely to jolt two Taiwan state banks
      425 4  -  TAIPEI By] Bruce Cheesman A DOWNGRADING by Moody's of two of Taiwan's "big three" governmentowned banks Hua Nan Commercial Bank and Chang Hwa Commercial Bank is expected to jolt them into lowering their notoriously high bad debt ratios. Taiwan's state-run banks
      425 words
    • Article
      Thailand hoists yield for US bonds
      595 4  -  I BANGKOK US investors demand higher yield for Yankee bonds after Moody's downgrade By\ Harish Mehta A US$5OO million (Ss7lB million) Yankee bond issue, launched in New York yesterday, became the first casualty of Moody's downgrade of Thailand's long-term sovereign debt rating, with officials
      595 words
    • Article, Illustration
      Indon group Nusamba talks of pulling out if no gold is found
      499 4  -  BUSANG GOLD SAGA The project will be delayed even if old estimates are right From S N Vasukl in Jakarta INDONESIAN tycoon Mohamad "Bob" Hasan yesterday warned that the Nusamba Group, which has a 30 per cent stake
      499 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1588 4 CITY FUGHT ETA FLIGHT ETC 2045 L 6A890 0015 Hanoi VH741 1310 S0176 1105 MttaWt S0230 1830 0F82 2055 S0175 1840 VM740 HjO Amman RJ187 0130 M893 1415 TG408 0820 E£m KL843 0455 GA890 0015 -J™ 0125 0655 KL838 2300 Mrertl— S0977 1655 S0978 0120 S025
      1,588 words
    • ASIA Notes
      • Article
        Lock icon Financial reforms can save A$4b: inquiry
        81 5 Bloomberg [CANBERRA] Reforms recommended by an inquiry into Australia's financial system may save consumers As 4 billion (554.48 billion) a year, the inquiry's chairman, Stan Wall is, said yesterday. The inquiry estimated financial 1 system users pay about As4l billion a year in fees.
        Bloomberg  -  81 words
      • Article
        Lock icon Shanghai credit cards seen doubling
        78 5 AFP [SHANGHAI] A total of 7.5 million credit cards are in use in Shanghai and the figure will rise to 15 million by 2003, an official involved in a project to promote cashless transactions here said yesterday. Lao Chengxin, chairman of the Golden Card project
        AFP  -  78 words
      • Article
        Lock icon China rules out territorial talks
        39 5 AFP [BEIJING] Beijing yesterday ruled out using next week's China-Asean meeting as a forum for resolving its territorial disputes with regional neighbours. A foreign ministry official insisted such disputes could only be resolved bilaterally.—AFP
        AFP  -  39 words
      • Article
        Lock icon Britain closes last East Asian naval base
        41 5 AFP [HONGKONG] Britain yesterday closed its last naval base in East Asia, HMS Tamar, putting an end to a 156-year-old presence dating back to the very founding of Hongkong as a British colony. —AFP
        AFP  -  41 words
      • Article
        Lock icon US$259m strike?
        55 5 Reuter [BOMBAY] A 10-day strike by Indian truck owners caused a loss of at least US$25O million (Ss36o million) in exports and left ports clogged with uncleared goods, exporters said yesterday. Ramu Deora, president of the Federation of Indian Export Organisations, said the losses were mainly due to
        Reuter  -  55 words
    • Article, Illustration
      Lock icon Japan allows US troops to keep using land in Okinawa
      510 5 TOKYO AFP JAPAN'S Lower House passed landmark legislation yesterday allowing the US military to keep using land in Okinawa even if local landowners refuse to renew leases expiring next month, officials said. Amid hooting and jeering from anti-base protesters in
      AFP  -  510 words
    • Article
      Lock icon China inflation well under control despite rapid growth
      374 5 BEIJING Price rise expected to be between 3 and 4% this yean official Reuter CHINA has scored new successes in its fight against inflation and economists said yesterday that price rises this year could be well below target. Some economists say inflation
      Reuter  -  374 words
    • Article
      Lock icon Japan ready to act alone to halt yen's slide
      590 5 TOKYO Bat officials seem to be divided on course of action to be taken, say traders Reuter JAPAN'S monetary authorities are ready to step into currency markets and fight a lonely battle to halt the yen's slide, despite conflicting views on
      Reuter  -  590 words
    • Article
      Lock icon N Korea still a threat: US general
      322 5 TOKYO Reuter AFP NORTH Korean pilots are flying more missions than in the past two or three years, showing the country's war capability is still a threat despite economic collapse, the chairman of the US Joint Chiefs of Staff General John Shalikashvili said
      Reuter; AFP  -  322 words
    • Article
      Lock icon Shenzhen bans trading rooms outside premises
      259 5 SHANGHAI AFP AUTHORITIES in the southern Chinese city of Shenzhen have issued an emergency notice banning securities firms from setting up trading rooms outside their main business premises, a report said yesterday. The Shanghai Securities News reported that the notice also banned the futures
      AFP  -  259 words
    • Article
      Lock icon Strike cripples Indian airports
      182 5 NEW DELHI AFP THOUSANDS of passengers were stranded in Indian airports yesterday after a strike by air traffic controllers, the Press Trust of India (PTI) reported. At least 10 domestic flights were grounded at New Delhi as air traffic control staff refused to clear them for
      AFP  -  182 words
    • Article, Illustration
      Lock icon HK people should continue to enjoy same freedoms: US
      529 5 WASHINGTON Vital for all sides to respect joint declaration on basic law, it says Reuter THE White House said on Thursday it was "fundamentally important" that Hongkong residents continue to enjoy the freedoms they now have when China takes over the
      Reuter; AFP  -  529 words
  • Page 4 Advertisements
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  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      86 5 CHRISTIE'S ART THE IMPERIAL SALE FINE CHINESE CERAMICS AND WORKS OF ART rare Yuan blue and white 'Dragon' jar, HK51,500,000-2,000.000 (US$5OO,OOO-600,000) Auction: 27 and 28 April 1997 at the JW Marriott Hotel, Hong Kong Viewing: Singapore, The Ritz Carlton, 12-13 April 1997,11 am to 7pm Taipei, Shing Kong Museum, 18-20
      86 words
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  • THE WORLD
    • Article
      Lock icon Productivity growth stronger than it seems, says Fed official
      298 6 NORTH CAROLINA Bloomberg WAGES are rising uniformly across the US in line with tight labour markets, however prices aren't rising at the same pace, suggesting productivity growth is stronger than it appears, Federal Reserve vice-chairman Alice Rivlin said yesterday. "Right now,
      Bloomberg  -  298 words
    • Article
      Lock icon US retail sales, producer data spark inflation fears
      457 6 Washington Stocks and US Treasury securities fall in reaction to unexpected figures Bloomberg RETAIL sales marched higher in March and the core rate of the producer price index rose at a faster-than-expected rate, suggesting that long-dormant inflation may accelerate as the US
      Bloomberg  -  457 words
    • Article
      Lock icon Mergers in US at record levels
      333 6 WASHINGTON Nnmber of deals in 1996 more than doable that in 1991 Bloomberg THE number of US mergers and acquisitions increased to record levels in the past 18 months, a Federal Trade Commission official said on Thursday. Companies sought federal approval for 3,087 transactions
      Bloomberg  -  333 words
    • Article
      Lock icon Yeltsin sacks 4 top military commanders
      142 6 MOSCOW Reuter [MOSCOW] President Boris Yeltsin dismissed four senior military commanders yesterday, including the head of Russia's land forces, the Kremlin said. A spokesman gave no reason for the sackings, but they coincide with plans to shake up the armed forces and a crackdown
      Reuter  -  142 words
    • Article
      Lock icon Fed governor urges caution in giving new powers to banks
      261 6 NEW YORK Bloomberg FEDERAL Reserve Board governor Laurence Meyer said on Thursday that US banking regulators should proceed with caution in granting banks new powers, especially the right to affiliate with nonfinancial commercial firms. Mr Meyer did not comment on
      Bloomberg  -  261 words
    • Article
      Lock icon US line-item veto law declared illegal
      308 6 WASHINGTON The ruling makes it hard for Clinton to cut budget deficit Bloomberg A US FEDERAL judge on Thursday struck down as unconstitutional the US lineitem veto law, dealing a setback to President Bill Clinton and Republican congressional leaders who said the measure would
      Bloomberg  -  308 words
    • Article
      Lock icon EU not seeking to cut trade with Iran over terrorism
      135 6 LONDON Bloomberg THE European Union said it isn't seeking to cut off trade with Iran after urging its 15 member states to recall their ambassadors to protest statesponsored terrorism. EU ministers are scheduled to review their relations with Teheran on
      Bloomberg  -  135 words
    • Article, Illustration
      Lock icon Will the real Clinton raise his hand?
      51 6 [WASHINGTON] US President Bill Clinton high fives a "clone" of him played by actor Darrell Hammond at the 53rd Annual Dinner of the Radio and Television Correspondents on Thursday in Washington. Mr Clinton, along with his wife, Hillary, attended the event honouring correspondents.
      AFP  -  51 words
    • Article
      Lock icon Bre-X chief says firm has funds to weather storm over controversy
      401 6 BUSANG GOLD SAGA Reuter [TORONTO] David Walsh, ttie! maverick chief executive of* beleaguered Canadian gold prospector Bre-X Ltd, said Bre-X has the money to weather the storm over the! Busang gold discovery aim, vowed an audit will prove made
      Reuter  -  401 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      293 6 Benefits of Waterbeds increase the ease of sleeping allow pregnant women to sleep more comfortably relieve stiffness ■9W9W999VW^nF^9VY9WT^ prevent bedsores relief for bedridden patients i!!raTpWl^^!^Wg?ii^Mi^^lTT'lETl permit longer periods of sleep with less jMWIIHiWByW&IWWWWIMMBBIMMI tossing and turning allow the backbone to be in a more natural position EXECUTIVE Appointments To advertise
      293 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      98 6 DOONESBURY By Garry Trudeau fso you justpp] firtuouuh i HAVEN Z p J^ pr^!^! I ndtnat.s oh excuses VORCep? just have I havb a Chiiv! 11 see 7 haventabanponep H 7 UKBIHAT7NO \OeEN I POYOUeveR I HeF,MOM...\ HeR! 1M NOT PLANNING ON ATTEMPT ATR£- I POINT- \s&HERNOIU?K-— 7 P PROPPING
      98 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon RMG gives flagging IPO market shot in the arm
      368 7  -  Healthcare firm doses at 52C on jSesdaq debut, 42% fcbove offer price By, Jenny Lam {SINGAPORE] Raffles Medical Group perked up the waning IPO market yesterday when it closed at 54 cents for a 42 per cent premium over its issue
      Source: Bloomberg  -  368 words
    • Article, Illustration
      Lock icon NY-listed APP may seek mainboard listing for local unit
      460 7  -  Hove would give parent Sinar Mas 3rd S'pore listed vehicle w Ven Sreenivasan [SINGAPORE] New Yorklisted Asia Pulp Paper Co (APP), which recently bought Nippecraft Ltd, could seek a mainboard listing for its local unit here a move that would give
      CHRIS LOH  -  460 words
    • Article
      Manna from ANA has to be in the manner of condos
      687 7  -  HOCK LOCK SIEW Conrad Raj AT long last, the patient minority shareholders of ANA Hotels have been rewarded with their first dividend payment since the group went public in 1982. The payment, albeit a mere 2 per cent per
      687 words
    • Article
      Aussie bank move unlikely to attract immediate S'pore interest
      379 7  -  Indon lending changes also seen unlikely to affect S'pore banks By\ Siow Li Sen (SINGAPORE] Recent major policy changes in Australia and Indonesia's financial sectors may not have much of an impact on Singapore banks, adverse or otherwise at least, not
      379 words
    • Article
      SIA shows new Boeing B777, confirms orders
      364 7  -  From Felix Chan in Seattle SINGAPORE Airlines unveiled its first Boeing B777 aircraft on Thursday and said it has confirmed an order for two stretched versions of the state-of-the-art plane. The Boeing B777-200IGW (Increased Gross Weight), christened Jubilee to commemorate SIA's 50th anniversary
      364 words
    • COMPANIES
      • Article, Illustration
        Lock icon Chrysler's first quarter profit up 2.4%
        505 8 AUTOS REV UP Earnings up amid higher incentive costs, stiffer competition Bloomberg [AUBURN HILLS, Michigan] Chrysler Corp's first-quarter profit rose a modest 2.4 per cent amid higher incentive costs and stiffer competition. Chrysler said its net income increased to US$l.O3 billion (551.48 billion), or
        Bloomberg; Source: Bloomberg  -  505 words
      • Article
        Lock icon Better profit sends Ford dividend up 9%
        209 8 Bloomberg [DETROIT] Ford Motor Co said it boosted its quarterly dividend by a greater-than-ex-pected 9 per cent because of its increasing profitability. Ford declared a secondquarter dividend of 42 US cents a share, up from the 38.5cent dividend that has been paid each
        Bloomberg  -  209 words
      • Article
        Lock icon Bankrupt Sears customers in line for payout bonanza
        450 8 US retailer admits to legal misjudgement while pursuing debts FT [NEW YORK] Bankrupt customers of Sears Roebuck, the second biggest US retailer, are to enjoy a multi-million dollar bonanza after the company admitted yesterday it had failed to follow proper legal procedures
        FT  -  450 words
      • Article, Illustration
        Lock icon Volkswagen shares leap 25% in 2 days
        412 8 Details of *96 earnings show firm's far more profitable than thought Bloomberg [FRANKFURT] Volkswagen AG shares rose as much as 25 per cent over the last two days to record highs as details on 1996 earnings published on Thursday showed Europe's largest carmaker
        Bloomberg; REUTER  -  412 words
      • Article
        Lock icon GE first quarter profit meets expectations with 11% rise
        431 8 Double-digit growth at 6 divisions boosts income to USsl.7b Bloomberg [FAIRFIELD, Connecticut] General Electric Co said its first-quarter earnings rose 11 per cent on double-digit profit growth at six of its divisions. The industrial and financial services company said net income
        Bloomberg  -  431 words
      • Article
        Lock icon Compaq to buy modem maker for US$280m
        202 8 NYT [NEW YORK] In the latest move in the rapid consolidation of the computer networking industry, Compaq Computer Corp said on Thursday that it had agreed to acquire Microcom Inc for US$2BO million (Ss4o3 million) in cash. Microcom, which is based in Norwood,
        NYT  -  202 words
      • Article
        Parkway realigns healthcare operations, buys HK firm
        193 8 [SINGAPORE] Healthcare and property group Parkway Holdings has restructured its healthcare operations and acquired a company in Hongkong. The company said yesterday that it would transfer its stakes in Gleneagles Hospital and Gleneagles International to its healthcare arm Parkway Group Healthcare (PGH). In
        193 words
      • Article
        Lock icon KTM consortium denies rift reports
        177 8 Bernama [KUALA LUMPUR] A consortium comprising Renong, Diversified Resources and Bolton Properties for the proposed privatisation of Keretapi Tanah Melayu Bhd has denied that there are "rifts between the consortium members on a plan to build a high-speed railway between Malaysia and Singapore". A consortium
        Bernama  -  177 words
      • Article
        Lock icon DBS Land in running for Aussie hotel operating rights
        165 8 Bridge News [KUALA LUMPUR] Five major hotel operators, including DBS Land of Singapore, are bidding for the operating rights of a 500-room Australian hotel coming up on a historic Sydney site. The Sun newspaper said yesterday. Australian building group Grollo is
        Bridge News  -  165 words
      • Article
        Lock icon Ajinomoto board members resign over gangster scandal
        252 8 Bloomberg [TOKYO] Ajinomoto Co's chairman and two directors resigned yesterday over allegations the company illegally paid sokaiya racketeers to prevent them from causing trouble at annual shareholders meetings. The food company's chairman, Yasuhiko Ikeda, will step down immediately, said president Shunsuke Inamori. Mr
        Bloomberg  -  252 words
      • COMPANY Briefs
        • Article
          NatSteel unit in recycling venture
          74 8 [SINGAPORE] Nat Steel Chemicals, a subsidiary of Nat Steel, has entered into a joint venture to provide oily sludge processing and recycling services. The joint venture company, Nat Steel Guinard Oil Services (NGOS), is 60 per cent held by Nat Steel Chemicals and 40 per
          74 words
        • Article, Illustration
          Check out the new Timor
          43 8 [JAKARTA] Journalists checking out the Timor S-515i sedan during a presentation of the new version of the Timor Sedan yesterday. PT Timor Distributor Nasional's president Sumitro Surachmad said some 12,000 Timor sedans have been sold since October. —AFP
          43 words
        • Article
          Metro gets 2 wholly-owned units
          58 8 [SINGAPORE] Metro Holdings has acquired 750,000 shares in its subsidiary Metrobilt for a nominal fee of SSI from Honfole Investment. Metrobilt itself also bought 2,500 shares for a nominal fee of HK$l in its subsidiary Metrobilt South China (MSC) from Honfole. With the acquisitions, Metrobilt
          58 words
        • Article
          Metroplex to list new shares on Monday
          44 8 [KUALA LUMPUR] Metroplex Bhd will list 2.087 million new shares on Monday, AFX Asia quoted a Kuala Lumpur Stock Exchange official as saying. The new shares arise from the company's transferable subscription rights exercise, the official said.
          44 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon US stock fund buying slows; inflows hit low
        432 9 March inflows 50% down from Feb; April's may be lower; investors heading for money markets Bloomberg [WASHINGTON] The US mutual fund industry estimated that about US$9.5 billion (5513.7 billion) was invested in equity mutual funds in March, down about 50 per cent
        Bloomberg  -  432 words
      • Article
        Lock icon ABN Amro gets nod to buy US thrift
        115 9 Bloomberg [WASHINGTON] ABN Amro Holding NV won approval from the US Federal Reserve Board for its US$l.9 billion (552.7 billion) acquisition of Standard Federal Bancorp in Michigan, the ninth-largest thrift in US. The Fed had earlier postponed deciding whether to approve the
        Bloomberg  -  115 words
      • Article, Illustration
        Lock icon Corrective downmove due
        416 9 USS/mark: The US$ made aggressive gains this week, touching a high of 1.7272 by Thursday before easing to trade around 1.72 yesterday morning. Although the technical picture remains bullish, the overbought daily stochastics indicate that some correction is due. Resistance is now seen at 1.7275 and a
        Source: DBS Bank  -  416 words
      • Article
        Lock icon J P Morgan's Q1 profit down 3.4% on Dow fall
        410 9 Main source of revenue securities trading-hurt by March decline in stocks and bonds Bloomberg [NEW YORK] J P Morgan Co's first-quarter earnings fell 3.4 per cent as securities trading, its biggest source of revenue, was hurt by the decline of
        Bloomberg  -  410 words
      • Article
        Lock icon Dresdner acts to boost investment arm control
        229 9 FT [FRANKFURT] Dresdner Bank, Germany's second largest bank, unveiled plans on Thursday to strengthen control of its investment banking business by splitting responsibilities between London and Frankfurt. The bank also said it wanted to expand further in asset management. Both activities are central
        FT  -  229 words
      • Article
        Lock icon Euroyen pares gains as yen retreats
        195 9 SJMEXReport Reuter [SINGAPORE] Simex Euroyen futures pared gains late yesterday after the yen retreated from initial highs. A slew of pro-yen comments from Japanese and US officials helped Euroyen futures breach important resistance levels. "Supportive comments from government officials led the yen higher," a
        Reuter  -  195 words
      • Article
        Futures mixed as cash market rise stalls
        179 9  -  MSCI TAIWAN FUTURES -By Perry Gilbert Bert, vice-president, Refco Singapore Pte Ltd (SINGAPORE] The Simex MSCI Taiwan Stock Index futures experienced mixed trading yesterday, as the cash market failed to move further ahead after recent gains. The banking sub-index feU as rumours of
        179 words
      • Article
        Lock icon Oil prices firm on Iran-Germany row
        234 9 ENERGY REPORT Reuter [LONDON] World oil prices firmed yesterday, supported by a political row between Iran and Germany and belownormal temperatures in the United States, the world's leading crude oil importer, analysts said. World benchmark Brent May futures was trading 22 cents a barrel
        Reuter  -  234 words
      • Article
        Lock icon CURRENCY REPORT
        282 9 Reuter London THE US dollar was steady at higher levels in late trading, consolidating gains made after yesterday afternoon's release of stronger than expected US retail sales and producer price data for March. US Producer Price Index fell 0.1 per cent compared with market expectations of a 0.1
        Reuter  -  282 words
      • Article, Illustration
        Untitled
        1176 9 [MTBRBAME CROSS BATES dELii AS c$ M ECU rtf f HKS Y— Won MS IIZSNfct* P*» S$ Und Sfr UTS Btrt *>«4 i»SS 1 <w> im o |S «««.«?••>•* m —k ft004 75 107S 1t!4 31.TIP20JOS 1134 3.518 1.160 21.755 20.571 0.486 0.789 1,00 5-JJf VS o5 £2 252W *****
        1,176 words
    • Article
      COMMODITY PRICES
      1663 10 S1C0M FUTURES d£L11 RUBBER (M«r«$ dosing m <t 5 J0»«) RSS1 COUTH ACT<Sw«tiA«) CK»» Votam. Opw Month High Low Sttt (towns) InttfHt H>y 97 165.00 575 Jun 97 166.00 WOO M9T 167.75 2170 Am 97 168-25 »70 tan 97 169.00 WTO 0ct/D«c 97 170.00 170.00 170.00 150 <500
      1,663 words
    • Article
      WORLD STOCK MARKETS
      2300 10 LONDON Industrials »n *r AB Ports 269.400 -2 Abbay National 778.400 6.400 AHiad Domacq <31 -5.400 AfflK 09.400 As da Group —110.400 -1 BATInd 511 *3 BC Pic 181.400 4.400 BICC 260 -5.400 BOC Group 919 -21-400 8R Patrolaum 687.400 -8.600 BTR 250.400 -3.600 Bank of Scotland
      2,300 words
    • Article
      Lock icon TOKYO
      1622 10 AFX-Asia H Nikkei 225 *3gjß JAPANESE share prices rebounded yesterday from a two-day losing streak as the key market barometer closed 2.1 per cent higher with investors covering short positions in futures following early losses. Buying continued to focus on the troubled Nippon Credit Bank (NCB) in the process
      AFX-Asia  -  1,622 words
    • Article, Illustration
      Lock icon HONGKONG
      1576 11 AFX-Asia PI Hang Seng +157.90 prices closed higher yesterday on sharp gains in blue-chip Financials and with H-shares and red chips also higher despite expected poor upcoming results, dealers said. They said property shares continued to see relatively lacklustre trade on concern over the property market. The Hang Seng
      AFX-Asia  -  1,576 words
    • Article, Illustration
      Lock icon CHINA
      630 11 Reuter nShenzhen Blndex -L 33 THE Shenzhen B market closed lower yesterday in line with the A market on talk that Beijing was planning measures to cool the markets. The B Index slipped 1.33 points to 157.34 on turnover of HK572.83 million. The A Index slid 7.90 points to
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  630 words
    • Article
      Lock icon TAIPEI
      364 11 AFP PI WP Index +&96 STOCKS rose yesterday on light trading spurred by good performances by electrical and petrochemical issues. "The index peaked at the opening of trading, but late selling on heavyweight banking issues eroded early heavy gains," an analyst said. The Weighted Price Index gained 8.96 points
      AFP  -  364 words
    • Article
      Lock icon WELLINGTON
      268 11 Reuter n Wellington -0-87 The share market continued to wallow at Thursday's closing level yesterday but with higher volumes. The NZSE Top 40-share Index closed 0.87 down at 2,232.98 on volume of NZ557.4 million. Reuter Apr It MS *1- 000) ANZ Banking 8.76 -0.04 8513 Advantages Hldgs 1.30 0.03
      Reuter  -  268 words
    • Article, Illustration
      Lock icon BANGKOK
      821 11 AFP CI SET Index -L7l SHARE prices dropped yesterday in thin trading ahead of a long weekend, as concerns persisted over the credit rating downgrading of some major commercial banks. Brokers said trading was thin as most of investors were out of the market ahead of the domestic four-day
      AFP  -  821 words
    • Article
      Lock icon SEOUL
      417 11 AFP F1 Compositelndex +SJH) SHARE prices rose yesterday, with buying interest emerging on undervalued stocks after a short correction, dealers said. The Composite Index gained 5.90 points to 693.94. Turnover was 44.1 million shares worth 627 billion won. Rises beat falls 530 to 260 with 117 shares unchanged. The
      AFP  -  417 words
    • Article
      Lock icon SYDNEY
      601 11 AFP P All Ordinaries -12.4 SHARE prices slipped yesterday in the face of falling base metal prices and lingering concerns over an inflation report due out in the US. "The market was marked back early and drifted as the day went on," a broker said. "The resource sector just
      AFP  -  601 words
    • Article, Illustration
      Lock icon JAKARTA
      774 11 AFP P&MpOßtefata Jjjg SHARES closed higher yesterday on the back of gains in select large caps in weak trading dominated by local investors. "The index closed higher on the gains of four or five blue chip stocks but overall it still a weak market," a trader said. The Composite
      AFP  -  774 words
    • Article
      Lock icon MANILA
      334 11 AFP H Mailt *27.76 SHARE prices rose yesterday as investors bought banks and blue chips, in expectation of improving domestic rates. "This is a technical rebound. The market is still quiet with fund managers on the sidelines," said an analyst. The PSE Composite Index rose 27.76 points to 2,976.78.
      AFP  -  334 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Prices fall on forced sales, margin calls
        257 12 AFX-Asia ill Composite Index -9.60 SHARE prices closed lower yesterday on continued forced selling and margin calls, dealers said. However, they said buying support from local funds for Tenaga Nasional capped further falls. The KLSE Composite Index closed down 9.60 points at 1,138.36.
        AFX-Asia  -  257 words
      • Article
        Untitled
        263 12 U» 0—w tfwc* Contunwr prd >4 5" MBrd IT 94 17 Contraction S tt 7 Tr«dtr»V»*c 1 Mrostru 0 2 rmonco 14 40 U HOW 2 2 .i Property J* 40 13 PUntaHon 10 If MMnq I 5 T ,2 Loan 8 55 28 Rts/Warrants 0 2 0 &r- rt
        263 words
      • Article
        Untitled
        7187 12 MfiUSTttALS Consumer products 1997 Last Vol 0«Y N#t C,p High Low Compony Sol. OOP H*h Low Jmll 790 650 Ajlnomoto 660 unch 5 660 6|5 5- 49e4 448 322 Angkasa 338 8 55 340 324 Q 905 705 Apollo Food Hlg 730 unch 64 775 725 1 1|2 0 14V6
        7,187 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
        3765 13 BONDS. LOANS WARRANTS m W7 Lllt Vol Day LMt Quota Avg Hiqh Low St no Company *H» *or- (000) l»» L Ouyar Seller 68 48 m 3000 m AMOB cS.5%*****6 50 50 Vl 62 41.5 3160 "Acer ******1 US$ 45 -1 7 45 45 45 46 131 77 3164 Acma
        3,765 words
      • Article
        R Fleming SingLand covered warrants not for faint hearts
        173 13  -  WARRANT WATCH By] R Sivanithy PROPERTY stocks collapsed yesterday in one of the biggest sell-offs in recent memory. Still, many analysts believe that the selling was overdone; if so. things could snap back pretty quickly. A very high-risk strategy to capitalise
        173 words
    • Article
      CLOB INTERNATIONAL
      2282 13 MALAYSIAN STOCKS Cf Of 1997 Last Vol Doy Lost Quott Wv Wv YM Not M Cop MUh Low Stno Company Solo COOP) High Low Buyor SoHor C'vr P/I SW 478 364 m ***** AISB 50c 366 1 70 370 364 366 380 10 4 9 0.4 74.7 375.4
      2,282 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1482 15 TWMOVMCOOO) value roow Mdw go T«w m* cn> T«m Industrial 15,476 10.3M «5.«44 l2iJ39 2'tfl ST 'JS "SS *S8S "<85 Sg EST 1:53 "SS "g "3 •ST iS JH JfSS »S3S SSt < StSOAO 42,142 1 U, 0. mc* u, o» mtk W. tndustrt* 3° \l 2 2 3S *6
        1,482 words
      • Article
        MAIN BOARD
        3686 15 jtm Company «3» °s2L C» INDUSTRIALS 5146 ASENTSlO 200 US- I I I 88 5 885 885 1275 ASF US$0.***** US885 5 )66 5 0N 4.9 1.1 12.2 274.8 175 155 1258 AcarSOc. ,A .12 It, Jet 258 259 27.5 2.4 5.3 10.5 426.8 257 340 254 mt
        3,686 words
      • Article
        SESDAQ
        1010 15 Or Gf M «R •qot Last Vd Day Last Ouota Otv CM* Yld Nat Cap Avf HHP Law StHa Company Sat* COOP) High L— Buyar Sadar H C'vr H P/C $m« Pries SCSDAQ 196 126 a 2000 ABRHWqsSc 126 cd -2 29 129 126 124 128 J O 6
        1,010 words
      • Article, Illustration
        HOT STOCK
        51 16  -  by! Shiv Taneja UOB FOREIGN, which closed 10 cents higher at $15.50 on a volume of 1.35 million shares yesterday, will trade around the current levels for the jsJ next few sessions. Investors should buy on any fu weakness as the long-term trend for this counter is upwards.
        51 words
      • Article
        Untitled
        207 16 voi—» J, RpHn. —.ssss 5Bwi»__ DBS Land M*£g City Dev 50c ,i2'ooo •Pub Bk Foreign 3,149,000 •MBF Land Bhd JMH US$0.25 400 Mg-JJ NatSteel 50c 2,445,000 *RL Industries Stocks 1 City Dev 50c Wing Tal DBS Land 5JJJ®" UOB Foreign Raffles Med 10c o'SS'IoO DBS Foreign 7 JMH US$0.25 400
        207 words
      • Article, Illustration
        Talk of curbs deals hard blow to property stocks
        676 16  -  STOCK MARKET COMMENTARY Trading in market qniet and measured for mnch of the day until afternoon rnmonrs about public housing changes By R Sivanithy [SINGAPORE] Property considerations were uppermost in the minds of investors yesterday, following rumours that the government is
        676 words
      • ON THE GRAPEVINE
        • Article
          Headquarters everywhere
          103 16 THE April 10 edition of the Financial Times has an article on US fund manager Templeton spending US$3 million (554.3 million) on a new 1,240 sq m office in Shanghai. What caught our eye was a comment that the plan was to develop the office there as their
          103 words
        • Article
          Things are certainly Loo-king up
          167 16 ALMOST all of us visit doctors at least a few times every year and some will be curious to know Just how much a doctor earns. Well, with the listing of Raffles Medical Group, a few figures have become public knowledge. Dr Loo Choon Yong,
          167 words
        • Article
          Medical property
          91 16 WE HEARD that Raffles Medical Group's listing has caused a bit of a stir among broking houses. Since there is hardly a medical beat In Singapore, research managers were in a quandary as to which analyst should cover the company. Many apparently solved the problem by simply treating
          91 words
        • Article
          Time to handover your money
          123 16 e» are creating ue penoa just before Hongkong's handover as "super peak period" and fares have been jacked up by as much as 25 per cent. One travel agent said the airlines are also refusing to sell discounted group fares during that time. One traveller
          123 words
        • Article
          Room fir higher prices
          116 16 TALK in Hongkong is that CDL Hotels will go for a massive revaluation (upward, of course) when it announces its interim results in August. CDL Hotels is now trading at about HK$3.5O. Its NTA backing per share is said to be HK53.99 and would gc up
          116 words
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      287 7 biilniss only monthly business magazine that gives you the Singapore perspective of the local and regional business scenes Hssnp>sx:<i=s■Bß uifwrtaga BUSINESS BUSINESS BUSINESS Tt Executive Condos 7" Singapore Telecom IVIdJVgSK It Wild card in the property market |y» Written by the same experts who bring you the BUSINESS TIMES, you
      287 words
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      28 11 For real-time stock information, Scall 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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      147 12 ~Land Transport Authority Infoline— COE Bidding Results Car Registration Number Availability. Available on 10th or 11th of every month. All you Available between Saturday and Wednesday each week. All you need is need is enter your IC, Passport or Company Registration enter your Car Registration number. number and the Vehicle
      147 words
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      237 14 I INVEST IN THE NEW CBD OF I JOHOR BAHRU I KB jjj Waterfront City, the future financial and commercial stronghold of Johor now QJ 00 Jl Q(dr£ l EJ unveils two exceptional investments I-Tech City 1& 2. i%Ci Hflj I-Tech City 1 2 are an integral part of an
      237 words
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      29 15 I Home Decor •*j 1 For people who love their homes Quartz movement. a I a Sapphire glass. Available in stainless steel and bi-colour. IjONCINES. SWISS MADE SINCE 1832.
      29 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      221 16 BUSINESS NotiCeS To advertise call toll-free 1800-741 1883 CHEE TECK TIMBER PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that the Final Meeting of the Members of the abovenamed company will be held at
      221 words
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      Page 16 Advertisements Column 2
      150 16 j At D.n't b* IGNORANT «b««t th» LAW. Icm« fur RIGHTS! Our hotline offers you a one-stop service to gain quick access to topics you've always wanted to know. Simply call the hotline enter the 6-digit code. You can also get a quick estimate of your legal fees in a
      150 words
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      Page 16 Advertisements Column 3
      76 16 I Are You I THROWING AWAY POTENTIAL PROFITS? Recommendations from experts Useful tips on what to buy, mgm sell or hold. Allocation Results using COP Nos. Wondering which share result? Call 740-2350(24-hrs) to check first. Calls cost only 50c per a minute) lIIP'I Calls cost }ot, 150* a muimtt (subject
      76 words
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      Page 16 Advertisements Column 4
      95 16 I THE STRAITS TIMES CLASSIFIED 1 YOUR GUIDE TO MORE PRODUCTS SERVICES jjJJ r Rising,,, the I Occasion .a* openings ,2 orate 8 ISO certification S J^^^^HHA^P^j^^M^^^^^^^^^^BGround-breaking pj^ 1 jm g ■P .WW i ?>\ V*9st 4 Vvife These and other corporate milestones present perfect opportunities to enhance your corporate
      95 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Going for gold in Kalimantan
      1633 17  -  COVER STORY Prospectors today use sophisticated technology to search for gold, but they have not forgotten the entrepreneurial spirit of their trade, s mvactio reports S N VASUKI THE JAKARTA Stock Exchange Tower is one of the Indonesian capital's most prestigious business addresses. Though the
      1,633 words
    • STRAWS In The Wind
      • Article
        Speedily disillusioned
        69 17 AN AUSTRALIAN visiting Singapore was quite impressed with what he thought was a taxi driver's piety. On the dashboard was the figure of a mandarin fanning himself, and from the front of the car came the repeated "ping" of a bell. He asked the driver what they meant
        69 words
      • Article
        No loafing around
        50 17 IN AN unusually obtuse way of wel coming potential customers, a bake shop along River Valley Road has a strategically placed notice in its window cautioning passers-by not to encroach on the five-foot way outside. It reads: "If you taka my space, I will breaka your face."
        50 words
      • Article
        Alternative medicine
        81 17 DON'T always understand the medical terms that doctors use? Here are some alternative meanings: Artery the study of painting Bacteria back door to a cafeteria Caesarian section a suburb of Rome Seizure Roman emperor Cat scan searching for kitty Congenital friendly Impotent distinguished and wellknown Labour pain getting
        81 words
    • PROFILE
      • Article, Illustration
        A hazardous occupation
        1217 18  -  Indian novelist Amitav Ghosh, now living in New York, tells habtsh mehta about dodging bullets in dangerous places, and using words to make a living HARISH MEHTA A CLOUD of white hair caps his youthful visage, suggestive of an enormous weight on young shoulders. It is his
        1,217 words
      • Article, Illustration
        Lock icon Attitudes that make or break you
        901 18  -  V SELF IMPROVEMENT Andrew Matthews isbackwitha third book and more reminders on how to get on with life By Corinne Kerk NINE years ago, when no one was interested in publishing Andrew Matthews' first book, he found a publisher here who was willing to
        CHRIS LOH  -  901 words
    • ART
      • Article
        Two artists of influence at SAM
        347 19  -  Shi Xiangtuo and Georgette Chen, who both taught at the Nanyang Academy of Fine Arts, have left an indelible mark on the local art scene. mm mumkoe views their works and traces the evolution of their individual styles BEN MUNROE After the enormous hype
        347 words
      • Article, Illustration
        Coming to terms with a new world
        839 19 Shi Xiangtuo SHI Xiangtuo's World Of Art is more than a regular exhibition. Alongside the examples of his brushpainting and calligraphy, visitors to the two galleries can see the tools of his trade. In addition to painter and calligrapher, Shi was also a
        839 words
      • Article, Illustration
        Captivating portrait of a pioneer
        637 19 Georgette Chen WHEN Jane Chia, senior lecturer in fine arts at the National Institute of Education, came to research the life of Georgette Chen, she faced an unenviable task. Chen's place and date of birth are uncertain, she rarely dated her paintings and often changed
        637 words
    • Article, Illustration
      A farewell to charms
      581 20  -  CINEMA Chris O'Donnell is woefully miscast as the young Ernest Hemingway in Attenborough's In Love And War By] Holly Harrison IF THERE'S no more efficient way to kill a movie than through miscasting, it's fair to say the makers of New Line Cinema's In Love And
      581 words
    • Article, Illustration
      Showcase of stellar talents
      765 20  -  CINEMA Never mind what Brad Pitt said off screen. The Devil's Own is a powerful movie with some really top-drawer acting By\ Shahiron Sahari ONE of the cardinal rules in the movie business is that you don't knock your own movie before it has been released.
      765 words
    • Article
      Just hanging out with the boys
      541 21  -  NIGHTSPOT With 40 to 50 labels to choose from, Ice Cold is truly a haven for beer drinkers By A Surendren THERE are several masculine and macho things that a man can do. One of them is to go to a men's only bar,
      541 words
    • Article, Illustration
      WHAT'S ON
      371 21  -  Compiled by M Yasotha 5555 Pinchas Zukerman Renowned violinist Pinchas Zukerman, who has enjoyed three decades of critical acclaim for his prodigious technique and stunning musicianship, performs in Singapore for one night only with pianist Marc Neikrug. On the programme are Mozart's Sonata in E Flat Major K4Bl,
      371 words
    • EPICURE
      • Article
        A man who knows his mullet
        513 22  -  FRENCH FARE Serge Chollet does marvellous thing? with food yon thought you didn't like Jaime Ee IF YOU don't have the chance to sample Michelin star chef Roger Verge's cuisine, what's the next best thing? Chow down on the creations of his protege, Serge
        513 words
      • Article, Illustration
        Lock icon Sheer Italian magnetism
        957 22  -  Campo de'Fiori is in Perth, but Singaporeans make up a significant percentage of its clientele, ooh hweb lew* finds out what it is about this particular restaurant that attracts diners from across the seas GOH HWEE LENG IF YOU are one of those who make frequent trips
        PHOTOS BY COH HWEELENG  -  957 words
      • Article, Illustration
        Handover day recipes
        678 22  -  CHINESE STATE BANQUET Here's what VEPs in China will be eating the day Hongkong returns to them Byi Corinne Kerk EXACTLY a year ago, if you felt like spending $168+++ a head, you could feast on a nine-course Chinese State Banquet prepared by chefs and served by
        678 words
    • Article, Illustration
      CINEMA
      1150 23 Bambola. Trashy Spanish film crammed with spectacle-fogging action and little else. R(A). Lido: 10.45; 1;3.15; 7.15. Oriental: 11.30; 1.30; 3.30; 7.30; 9.30. The BosnftHan The Beast. An air head science teacher with an irritatingly nasal laugh and a mean dictator (is there any other kind?) cross paths. Fran Drescher
      1,150 words
    • TRAVEL
      • Article, Illustration
        Lock icon Happy reminders of home
        1230 24  -  Xiamen in the Fuiian province of China bears an uncanny resemblence to Singapore with its sense of order and cleanliness. What's more, it boasts a good number of luxury hotels, karaoke lounges and seafood restaurants, toh ham shih tucks mto some popiah in the ancestral homeland
        JEN CHUA  -  1,230 words
      • Article, Illustration
        Lock icon Wet, wild and wonderful
        942 24  -  THEME HOLIDAYS 11l Indonesia, the water's as exciting as yon want it to be By Parvathi N Narayan "ONE, TWO, Nine, Ten Boom!" shrieks a friendly vQice in our ears. We are soaking wet, our butts are aching and we are being slammed against rocks, but
        FILE PHOTO  -  942 words
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      8 17 Epicure Drawing diners across the seas EL 6
      8 words
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      Page 17 Advertisements Column 2
      108 17 s: Travel I Reminders of home in Xiamen EL 8 #> Seasons brings you the heart of America. Right on Singapore's main artery. At Seasons you'll find the cuisine America has taken to heart. Lighter, healthier dishes prepared in the fine dining tradition and enjoyed in surroundings guaranteed to lower
      108 words
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      34 20 I Specialist I in Residential Letting and I Property Management I in London I .:"V I f Singapore Business -Giving > U you the H Z winning prfop tstlgts t.VJ L"'V s v <- rN i >'
      34 words
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      Page 20 Advertisements Column 2
      32 20 jI jr i T ii 1 I SI GET IT NOW! Times the Booksfiops NTUC Supermarkets Kinokurvya 7-Eleven MPH STOP PRESS kiosks CoW Storage SWI Esso Calte* MoM SPC •BP Pres% Holdings
      32 words
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      Page 21 Advertisements Column 1
      558 21 Where to wine, dine and entertain ——————i——i i T— kttp:// www. ana-hotels .com Not just seafood either. Visit our home page and you can order tonight's dinner from our cyber selection. Browse through the menu, leave us your order and it'll he ready to pick up before you can say
      558 words
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      Page 21 Advertisements Column 2
      88 21 Bestl Dian Xm Restaurant At The Neptune yrv <Z"" 7^ on Shenton Way Dian Xin/Lunch I j <-r4 vC&y 0 j 11.30am-2.30pm ®u*JBS i nephiM 7TH FLOOR. OVERSCAN UNION HOUSE. frtWm I I v I IW Western and local delights for a ideal family get together Features weekly specialities 12
      88 words
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      Page 22 Advertisements Column 1
      107 22 Yes, we're open. CAFE LES AMIS, AT THE ACM Good food Great wines Ravioli of Seafood with Chateau Thieuley Lobster Sauce Cuvee Francis Courseille 1994 $£.00 $45.00 Rocket Salad with Cloudy Bay Aged Parmigiano, House Vinaigrette Sauvignon Blanc 1996 $g>.oo $66.00 Seafood Pasta in a Chablis ler Cru Les Montmains
      107 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2099 23 TODAY'S TV sn 200 PMMuppetsßabiesVlL RECOMMENDED ViUWUiO wn,6re W I 2 30 Tales of Cat in the Tree 12.00 NN TV Innovations. B 3.00 Prince Valiant. IX fV, nm^oi„r LOO PM Tennis: ATP Tour 'V 3.30 WiUyFog2. Difficult the mortal world as a Highlights 1997. P|fi|K. I 4.00 YaAiiflfr;. woman
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