The Business Times, 9 January 1999

Microfilm: NL21373
Total Pages: 22
1 22 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    15 1 THE BUSINESS TIMES Ist Copy MITA (P) 046/12/98 85c SINGAPORE Internet: http://business-times.asial.com.sg/ SATURDAY, JANUARY 9,1999
    15 words
  • Article
    Bank stocks power rally in S'pore market
    599 1  -  Outlook for Asian equities encouraging as Footsie, Dow stage strong rises By'. R Sivanithy [SINGAPORE] Local stocks continued to defy the odds to rise another 27 points yesterday, led by bank stocks which surged on speculation that there are moves afoot to merge
    599 words
  • Article
    MARKET SUMMARY
    61 1 aBT-SBI 947J4 (+0.46) flsoßGnviuiißi U ***** (+0.98) OTOCI MOOT DOW Friday Qtufe KLSE COMP HL79 +M1 NIKKEI 13*1.81 -144.lt HANG SENQ 11,***** ♦»U SET INDEX 289.43 +L71 JAKARTA COMP 438.41 18.45 MANILA COMP 2,140.64 >171 TAIPEI WPl 8,411-75 +17.44 Seoul comp awn .-im cm CHINA B 566.44 +IL81
    61 words
  • Article
    FINANCE
    78 1 FUBEX BATES USS St US$ 1.171 £(USS/S$ per LMJ t?« EUROfUSS/SJ per E) 1.117 UM DM U7I W1 YEN IIIJ UM* RM UM 8.446 HKS 7.74» M« BAHT SU7 MM WJPIAH 7J4S (LW1* 'stmmmMi FUME RATES SINGAPORE* Ml KUALA LUMPUR lli» JAKARTA KM BANGKOK 14.76 MANILA SJO HONGKONG |«8
    78 words
  • Article
    SingTel set to roll out new regional services with AIS
    707 1  -  Sing Tel and region's partners can now reach ont to Va of Asean population From Catherine Ong in Bangkok SINGAPORE Telecom's latest investment in Advanced Info Service (AIS), Thailand's largest cellular phone operator, will enable it to roll out unique
    707 words
  • Article
    SES cuts stockbroking fees by 5%
    576 1  -  Industry players react caatiously; some fear erosion of back-end activities By Ven Sreenivasan [SINGAPORE] Brokerage commissions on all share transactions were cut by 5 per cent with immediate effect from yesterday. The cuts are in line with recommendations made by the Stock Exchange of
    576 words
  • Article, Illustration
    Lock icon S'pore Press Holdings to focus on its core businesses
    356 1  -  By. R Sivanithy [SINGAPORE] Media group Singapore Press Holdings is to focus on its core businesses while scaling back its investment expenditure, executive chairman Lim Kim San said yesterday. It might even consider selling off its non-core assets like the Paragon
    JEROME MING/ST  -  356 words
  • Article
    CityDev makes counter-claim against buyer
    362 1  -  By i Corinne Kerk [SINGAPORE] A suit by an Avenue Villas buyer against developer City Developments Ltd (CDL) has taken an added twist: CDL is in turn making a third-party claim against the buyer's wife, whom it says acted as an agent in the sale
    362 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      125 1 mama $Usm far Ardmre Ylew Marco Polo Developments Ltd has bought the Ardmore View condominium project for IllSm or an estimated $1,*****,300 per sq ft, ty 13 t —*—1--| ale Inchcape pic 1s selling its Asia-Pacific marketing business for $2S3m, Pf 13 Nmt WttMl Banker Wee Cho Yaw said yesterday
      125 words
    • Advertisement
      Page 1 Advertisements Column 2
      9 1 Sing Tel: fair price paid for AIS, Pg 13
      9 words
    • Advertisement
      Page 1 Advertisements Column 3
      64 1 The new cabinet PORTFOLIO IN OUT Deputy PM Abdullah Ahmad Badawi Anwar Ibrahim Home Affairs Abdullah Ahmad Badawi Mahathir Mohamad Foreign Affairs Syed Hamld Albar Abdullah Ahmad Badawi Defence Abang Abu Bakar Syed Hamid Albar Finance Daim Zainuddin Anwar Ibrahim Market reports, Pg 18-22 Malaysian property, Pg 4 Home ownership
      64 words
Page thumbnail Page 2
  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Interest rates near bottom, says UOB's Wee Cho Yaw
      511 2  -  Ifhe&ndOCßC's Alex An are right, stock market rally may take a hit Byi Siow Li Sen INFLUENTIAL banker Wee Cho Yaw yesterday said that lending rates, which are at all-time lows, are bottoming the second Singapore banker to say so this
      Source: MAS/Reuters  -  511 words
    • Article, Illustration
      Elite S'pore model agency thrives amid economic crisis
      494 2  -  It aims to doable business, seek world class supermodel By 1 Toh Han Shih DESPITE the Asian crisis, the quest for beauty is a thriving business for a major local model agency, Elite Singapore Model Management. This year, Elite Singapore aims to
      494 words
    • Article
      Slowdown in '98 S'pore investments in Hubei
      258 2 SINGAPORE investments in Hubei slowed down last year as companies held back because of the regional economic crisis, but investments this year are expected to increase, said Wang Guo Yao, co-chair-man of the Singapore-Hubei Trade and Investment Committee, yesterday. As at October, Singapore
      258 words
    • Article
      New extension at Changi Terminal 1
      232 2 CHANGI Airport has started operations of a new extension at Terminal 1, allowing the airport to handle increased traffic and bigger aircraft in the future. A 220-metre extension to the existing finger pier C adds seven new aerobridge gates, two of which are capable
      232 words
    • Article
      The Hillside prices inch down to $575 psf
      180 2 PRICES of freehold condominium The Hillside at Upper Bukit Timah have inched downwards to an average $575 psf, from about $580 psf in late December. This is a 30 per cent fall from the project's peak price of $820 psf in mid-1997.
      180 words
    • Article
      Corrections and clarifications
      107 2 IN the article "Living it up down by the river" in BT yesterday, the accompanying map showed Great World City as a 99-year project. The developers of the project have clarified that its tenure is freehold. In another article headlined "US Net firm takes stake in S'pore's
      107 words
    • Article
      CSC's 'no delisting rules' claim should be clarified
      576 2  -  Charles Chua Singapore I'M a shareholder of CSA Holdings, which is being taken over by Computer Sciences Corp (CSC). On page 13, under paragraph s(b) of the Offer Document dated Jan 6, 1999, CSC made the following statement: "In the event the
      576 words
    • Article, Illustration
      Lock icon Not time yet to turn on property supply tap
      718 2  -  SATURDAY MATT.BAG Jack Ng Toh Lam Singapore SINGAPORE'S Dr Doom of property has done it again another outrageous article in support of his own narrow interests. I am surprised that the owners of the countless toes that your columnist Lee Han
      FILE PHOTO  -  718 words
    • Article
      Benefits and a moral lesson if govt resumes land sales
      350 2  -  David Tan Singapore via Internet YOUR writer Lee Han Shih's remarks on "Govt should consider resuming land sales" (BT, Jan 5) are sound. It seems ironical that during the property boom of previous years, we did not hear any remarks
      350 words
    • Article
      PWD cuts licence fees for ad signs by 20%
      127 3 THE Public Works Department's Building Control division yesterday said it will reduce licence fees by 20 per cent for advertisement signs. These reductions, effective immediately, are estimated to translate into some $1.5 million in savings for businesses, said the PWD. Illuminated
      127 words
    • Article
      NTU economists see 5% growth by Q4,6% in 2000
      539 3  -  Bat JP Morgan says wage cut impact may cause S'pore to lag regional recovery By. Audrey Tan ECONOMISTS at the Nanyang Technological University (NTU) are forecasting a 5 per cent growth for Singapore by the fourth quarter this year, and close
      539 words
    • Article, Illustration
      Lock icon Andersen tie-up pays off for Rajah & Tann
      422 3  - Andersen tie-up pays off for Rajah Tann Byi Conrad Raj RAJAH Tann's alliance with international audit and consultancy firm Andersen Worldwide has already started paying dividends as more clients demand multi-disci-plinary professional services. "The value proposition to our clients is integrated services the ability to offer our competencies on an
      SIEW YAW HOONG  -  422 words
    • Article, Illustration
      Lock icon 1998 growth likely better than 1.3%
      774 3  -  EYE ON THE ECONOMY Wrav-uv By. Anna Teo PRIME Minister Goh Chok Tong announced on New Year's Eve the economy shrank by 1.5 per cent in the fourth quarter of 1998, with growth for the full year better than expected at 1.3 per cent.
      Source: JP Morgan  -  774 words
  • Page 2 Advertisements
Page thumbnail Page 3
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      173 3 SINGAPORE BUSINESS AWARDS BUSINESSMAN OF j its harder tO outstanding corporate m. success. The candidate jfl)MHbl| 1 I *Us m f I business and financial I WX ISF S X Bl m. ,yV m. I acumen, management 1 j A skills and leadership. 1 Jf a there S 31l the
      173 words
Page thumbnail Page 4
  • MALAYSIAN PROPERTY
    • Article, Illustration
      Lock icon Home ownership drive a boost for Johor
      723 4  -  Some property consultants are optimistic about prospects this year, see prices stabilising but there are dissenting voices By- Marissa Chew [SINGAPORE] THE nation-wide home ownership campaign going round Malaysia, and the slew of accompanying measures to entice buyers, has given a lift to
      Source: Malaysia Ministry of Finance property market report Salomon Smith Barney by 1998 full-year report  -  723 words
    • Article, Illustration
      Lock icon M'sian property prices seen staying flat for 1-2 years
      906 4  -  One-month campaign also helped educate public: developers From Ruth Wong in Kuala Lumpur ALTHOUGH Malaysia's Home Ownership Campaign has three more days to go before it comes to an end, the Housing Developers Association of Malaysia (HDAM) has already called it
      FILE PHOTO  -  906 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      32 4 The secret of success lS Taking the right course, of course. Study the wide range of courses available in the Education/Training Section in the Classified Classifications 700 to 799. I CATS. I
      32 words
Page thumbnail Page 5
  • ASIA'S ECONOMIC SLUMP
    • Article
      Lock icon Japan aims to revive Asian Monetary Fund idea
      349 5 Reuters [TOKYO] Japan hopes to revive its ambition to create a regional monetary fund by pushing ahead with existing financial aid commitments to Asian nations and then developing those mechanisms further, a senior Ministry of Finance official said. The centrepiece of Japan's
      Reuters  -  349 words
    • Article
      Lock icon Parliament tells Jakarta to change budget assumptions
      430 5 Govt plan to help recapitalise crisis-hit banks questioned Reuters [JAKARTA] Indonesia's Parliament, long the rubber stamp for authority, yesterday told the government to change its budget assumptions and not to be so generous to owners of the country's crisis-hit banks. "Parliament regards the
      Reuters  -  430 words
    • Article
      Lock icon Key Japan indicator rises above 'boom-bust' line
      382 5 Recovery may be in sight; Dec wholesale prices fell 4.4% Bloomberg, AFP, Reuters [TOKYO] Japan's Economic Planning Agency said yesterday that a key indicator of the economy is above the "boombust" line for the second time in 14 months, suggesting the world's second-largest
      Bloomberg,; AFP,; Reuters  -  382 words
    • Article, Illustration
      Lock icon Philippines must go for 3% GNP growth: Estrada
      330 5 Reuters [MANILA] Philippine President Joseph Estrada said yesterday that the nation had withstood the worst of the Asian financial crisis but that 1999 would be crucial for getting back on the growth track. "We have to meet a GNP growth target of
      Reuters; AFP  -  330 words
    • Article
      World's central bankers meet in HK on Monday
      302 5  -  Greenspan to travel to Beijing after BIS meeting From Loh Hui Yin in Hongkong CENTRAL bankers from the Asia-Pacific, as well as America's Alan Greenspan, the world's most powerful central banker, will meet here on Monday to exchange views on how to
      302 words
    • Article
      Lock icon Half of Shanghai foreign firms show '98 losses
      233 5 AFP [SHANGHAI] Nearly half the foreign ventures in Shanghai reported losses in 1998, with red ink for the sector totalling 3.9 billion yuan (*****.7 million), Xinhua news agency said yesterday. But a recent government study said such figures are deceptive, as most
      AFP  -  233 words
    • Article
      Lock icon HK banks shave rates by 0.25 point
      480 5 Stagnant economy cited; deposit rates down to 4% AFP [HONGKONG] The Hong Kong Association of Banks (HKAB) yesterday announced a 25 basis point cut in local deposit rates to 4 per cent. The rate cut, the fourth since October, will take effect on
      AFP  -  480 words
    • Article
      Lock icon China plans to axe 400,000 mining jobs
      117 5 AFP [BEIJING] China is planning to cut 400,000 mining jobs and close 25,800 small coal mines by the end of the year in a bid to streamline its money-los-ing coal industry, reports said yesterday. "By 2000 most state-owned large and medium sized coal
      AFP  -  117 words
    • Article
      Lock icon Thailand unlikely to meet 5.1% export growth target
      313 5 Japan's slump, strong competition cited by central bank Bloomberg, Reuters [BANGKOK] Thailand isn't likely to meet its export growth target of 5.1 per cent this year because of Japan's weak economy and strong competition among Asian producers, the central bank's chief economist
      Bloomberg,; Reuters  -  313 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      274 5 ADMISSION TO GRADUATE COURSES Full-time Part-time Master of Social Sciences (Applied Sociology) Graduate Diploma in Social Research Applications are invited for admission to the Master of Social Sciences (Applied Sociology) and Graduate Diploma in Social Research courses to be conducted in Semester of the academic year 1999-2000. The courses commence
      274 words
Page thumbnail Page 6
  • REGION
    • Article, Illustration
      Badawi named DPM in reshuffle
      797 6  -  He also takes over home affairs from Dr Mahathir; Daim is finance minister From Eddie Toh in Kuala Lumpur ABDULLAH Ahmad Badawi, who was in the political wilderness in the late 1980s for backing rivals of Prime Minister Mahathir Mohamad, may become the next premier
      797 words
    • Article, Illustration
      Lock icon One dead as police fire on rampaging mob
      329 6 JAKARTA AFP INDONESIAN police opened fire yesterday on thousands of people attacking a police station and regional offices in a town east of Jakarta, and a hospital employee said one man was killed and at least three injured. The emergency room employee
      AFP  -  329 words
    • Article
      Lock icon Indon insurance firms turning away riot cover clients
      316 6 JAKARTA Heavy demand for such insurance amid fears of renewed political unrest AFP INDONESIAN insurers are taking out heavy reinsurance and in some cases turning away clients because of soaring demand fuelled by fears of renewed political unrest here, reports said yesterday.
      AFP  -  316 words
    • Article
      Media tycoon Sally Aw faces bankruptcy suit
      557 6  -  High court writ filed by company called Yosham Promi Quak Hiang Whai in Hongkong IN what could be the beginning of the sad end of one of the most famous family businesses in the region, a bankruptcy suit has been filed against Hongkong
      557 words
    • Article
      Lock icon Anwar sues Mahathir over injuries
      523 6 ANWAR'S TRIAL Writ of summons also names outgoing police chief Reuters [KUALA LUMPUR] Malaysia's sacked finance minister Anwar Ibrahim sued Prime Minister Mahathir Mohamad yesterday over injuries he suffered in police custody and called on Dr Mahathir to assume responsibility for the conduct of the
      Reuters  -  523 words
    • Article
      Lock icon Judge rejects Anwar's fresh plea for bail
      337 6 KUALA LUMPUR AFP A MALAYSIAN judge yesterday rejected a fresh plea for bail by former deputy premier Anwar Ibrahim, saying he might still try to influence witnesses even after the prosecution rested its case. Justice Augustine Paul said after Anwar's lawyers made a
      AFP  -  337 words
    • Article
      Lock icon PAL hires 4 Cathay execs to appease creditors
      181 6 MANILA Bloomberg, Reuters PHILIPPINE Airlines Inc (PAL) has hired four Cathay Pacific Airways executives, aiming to pacify creditors who demanded a change in management to keep the nation's cash-strapped flag carrier aloft. President Joseph Estrada yesterday said he expects ailing PAL to
      Bloomberg,; Reuters  -  181 words
Page thumbnail Page 7
  • FOCUS
    • Article, Illustration
      Lock icon Soft and hard power in the Info Age
      1311 7  -  The pursuit of influence through attraction rather than coercion is an important element in a country's ideological and cultural appeal Reports by' Yang Razali Kassim The writer is BT's regional analysis editor [SINGAPORE] YOUNG men and women from the region or further
      ARTHUR LEE  -  1,311 words
    • Article
      Eroding the control of the state
      1224 7 Q: What do you mean when you say that the Information Revolution will undermine the dominance of the state or erode its power? A: The Information Revolution means that state leaders are going to be less able to control the information about what happens
      1,224 words
    • Article, Illustration
      Lock icon Learning the hard way
      735 9  -  The economic crisis ripped through the region, sparing neither the mighty nor the puny. For the Class of '99 the lesson from this debacle is especially poignant. But there is an upside to their despairites. Reports by] Mary Jordan LAT-WP [SEOUL] IT was early evening at
      LAT-WP; FILE PHOTO  -  735 words
    • Article
      Lock icon Cracking the old Japanese mindset
      874 9 LATWP [TOKYO] Japan and Indonesia are each a chain of islands in Asia; that may be the end of the similarities. Instead of tanks outside looted stores in Jakarta, limousines idle in front of shops in Tokyo, where seeing a movie costs more than what
      LATWP  -  874 words
    • Article, Illustration
      Lock icon A bloody day that changed lives
      894 9 Rally deaths shake students' trust in govt, turn them into revolutionaries LATWP [JAKARTA] The blood was still warm; Alwi Assegaff will never forgot that. Crouched on the white tile steps of the main building at Trisakti University, Mr Assegaff drew his fingers through the
      LATWP; FILE PHOTO  -  894 words
    • Article
      Lock icon Life comes to a standstill for Seoul's graduates
      741 9 LAT-WP [SEOUL] The Dusk Hof bar in Seoul has a "M*A*S*H" motif: the floor is covered with beach sand and olive-drab sandbags piled here and there in the style of machine-gun nests. In this scene out of the hit American TV show
      LAT-WP  -  741 words
  • Page 7 Advertisements
Page thumbnail Page 8
  • REGION/WORLD
    • Article
      Lock icon US jobs soar in Dec, helped by warm weather
      532 8 WASHINGTON Good weather led to surge in construction jobs; US Nov factory orders up 0.6% Reuters THE US unemployment rate fell in December and payroll employment grew at its fastest rate in more than a year as unusually warm weather in
      Reuters  -  532 words
    • Article
      Lock icon US job cuts up 56% last year: report
      283 8 NEW YORK AFP COMPANIES in US slashed 103,166 jobs last month, capping a year in which job cuts rose 56 per cent over 1997 partially in response to the Asian crisis, the employment firm Challenger, Gray and Christmas reported on Thursday. "The
      AFP  -  283 words
    • Article, Illustration
      Lock icon Ringing in Christmas on Jan 7
      56 8 [MOSCOW] A monk pulling the clapper of the 20-tonne bell of Christ the Saviour Cathedral on Thursday during Orthodox Christmas celebrations in Moscow. The Moscow Patriarchy, following the old Julian calendar, celebrates Orthodox Christmas on Jan 7. It put up a bell show on
      AFP  -  56 words
    • Article
      Lock icon Major euro headache for banks in Europe
      381 8 m MADRID Spanish bank tells of liquidity shortage, operational problems Bridge News THERE have been major operational problems for banks across Europe since the euro's introduction on Jan 1, and southern European banks are facing extra costs because of a shortage of liquidity,
      Bridge News  -  381 words
    • Article
      Lock icon Unexpected rise in German jobless
      239 8 NUREMBERG Bloomberg GERMANY'S unemployment rate unexpectedly rose in December, its first increase in a year, raising doubt about the domestic recovery of Europe's largest economy. The seasonally adjusted unemployment rate rose to 10.8 per cent in December from a revised 10.7 per cent in November,
      Bloomberg  -  239 words
    • Article, Illustration
      Lock icon Hottest show in town opens as Clinton lunches
      664 8  -  Democrats and Republicans still argning over how trial should proceed From Leon Radar in Washington IT was the hottest show in town, with long lines forming on Capitol Hill and only the few lucky ones getting tickets to witness from the Senate
      AFP  -  664 words
    • Article
      Lock icon IMF report to analyse its Asian crisis response
      287 8 WASHINGTON Reuters THE International Monetary Fund said it will publish its own critique of its response to Asia's crisis, and one source on Thursday called it a "candid" assessment. IMF external affairs director Shailendra Anjaria said on Wednesday that the internal staff
      Reuters  -  287 words
    • Article
      Lock icon Hyundai to sell, spin off 20% of assets to raise funds
      473 8 SEOUL Bloomberg HYUNDAI Group, under fire for increasing its debt in a shrinking economy, said it plans to sell or spin off about a fifth of its assets. South Korea's biggest industrial group, which used to boast of making
      Bloomberg  -  473 words
    • NOTE Book
      • Article
        Lock icon Thai monk raises gold, funds for country
        77 8 Reuters [BANGKOK] A revered Buddhist monk has collected 725 kg of gold ornaments and 1.14 billion baht (5552.3 million) in cash from devotees to help the cash-strapped Thai government, his spokesman said yesterday. Pra Maha D a u Yanasampanno expected the gold donated
        Reuters  -  77 words
      • Article
        Lock icon Number of overseas firms in HK down
        42 8 AFP (HONGKONG! The number of overseas firms in Hongkong fell 9.3 per cent from a year earlier to 840 last year, with 84 firms moving out or downgrading operations amid the Asian financial crisis. —AFP
        AFP  -  42 words
      • Article
        Lock icon China to inspect electronics imports
        25 8 Reuters [BEIJING] China has imposed "magnetic compatibility" inspections on six types of imported electronic products, Xinhua news agency reported yesterday.—Reuters
        Reuters  -  25 words
      • Article
        Lock icon Disney recalls 'The Rescuers' video
        68 8 Bloomberg [BURBANk, California] Walt Disney Co said it recalled copies of the video release of its animated film The Rescuers after finding objectionable background images in two frames. Disney is pulling 3.4 million copies of a new version of the video. The two frames, out
        Bloomberg  -  68 words
Page thumbnail Page 9
Page thumbnail Page 10
  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon McCartney's daughter unveils houseware designs
      329 10 PEOPLE Heather's work influenced by mother, tribal art Reuters [ATLANTA] Singer Paul McCartney introduced the second family member to the world of design on Thursday, his late wife's oldest daughter Heather, who unveiled her first houseware collection. McCartney, whose wife Linda died of breast cancer
      Reuters; REUTERS  -  329 words
    • Article, Illustration
      Lock icon Entertained by Martha Stewart
      698 10 BOOKS Caution: Handbook's not for the plain grilled cheese folks LAT-WP By Denis Horgan [NEW YORK] I don't know what I would do without Martha Stewart. Left to my own clumsy devices, likely I would misdisplay the piroshki or forget the starchy linen napkin under the
      LAT-WP  -  698 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      1672 10 CBYPTIC CROSSWORD of charity (6) 28 Disturbance in which, at 6 White powder easing Ma's *tviuiDATS SOLUTION home, detectives throw net trouble? (8) rHfo?rf^l 1 e'l' l Ic'al out (8) 7 Uncontrollable rage could IfrM i Mp^mBfEMTMRWyil give distress (8) sfu^mAfnNßvHofuAmE DOWN 14 Port always right in Scotland eH l
      1,672 words
Page thumbnail Page 11
  • SPORTS
    • Article, Illustration
      Lock icon Golf's brave new world
      562 11 Three new World Championship events, each with a USssm purse, are likely to draw some big names away from smaller PGA events Reuters GOLF'S new world order may deprive lower-level PGA Tour events of some star power as the big names of the ever more global
      Reuters; FILE PHOTO  -  562 words
    • Article, Illustration
      Lock icon Bookies give up on Faldo
      188 11 GOLF LAT-WP [LOS ANGELES] Question: What's Nick Faldo's favourite TV network? Answer: Nicklowdown. Let's see what's happened to the three-time Masters and three-time British Open champion in recent months: He got a divorce, he dumped his girlfriend, she wrecked his car with a 9-iron, he
      LAT-WP  -  188 words
    • Article, Illustration
      Lock icon Stewart aims to steer a winning team
      576 11 RACING It has a high-tech factory and signed a contract with Ford Reuters [BIRMINGHAM] When Jackie Stewart retired from Grand Prix racing in 1973 after three world championships, he gave away many of his trophies. But, after handing them out to people who
      Reuters; FILE PHOTO  -  576 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      411 11 Where to wine, dine and entertain... "t (o>&a For the months of Januaiy and February, our chefs have prepared a whole of Spanish Food to satisfy the hungry tastebuds of all Spanish Food Lovers, And at unbelievably reasonable price, too! So call us up for reservation n0w.... before they are
      411 words
    • Advertisement
      Page 11 Advertisements Column 2
      109 11 VVIGH tea i m Every Saturday, TOP noon to 5.00pm qfjHe Adult: $20+++ Child: $12 *e»oi»in« Restaurant Reservations: *****88/58 ■a. Mandarin |Jj Singapore 333 Orchard Road, Singapore *****7. Td: *****11 Fax: *****61 http://wwv.marKiarin-hotd.cofri.sg j e-mail: mandarin.tms6meritus-hotds.com Sat Sun 12 noon to 5:30 pm Adult $18.80* Child $9.40* Enjoy a leisurely
      109 words
Page thumbnail Page 12
  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Extinct species: the answer to a burning issue
      803 12  -  A new study suggests that humans careless with fire are to blame for the death of much widlife thousands of years ago. Robert lee hotz finds out more ROBERT LEE HOTZ LATWP POR a century, experts have puzzled over what wiped out
      LATWP; FILE PHOTO; REUTERS  -  803 words
    • Article
      Lock icon UK scientists find 2nd cancer gene
      456 12 HEALTH BcllO, found in half of cancers, speeds np growth of damaged cells Reuters [LONDON] British scientists said yesterday that they had discovered a new gene which appears to play a vital role in the development of at least 50 per cent of cancers.
      Reuters  -  456 words
    • Article, Illustration
      Lock icon PLA's song and dance over HK
      8 12 rr£=s AFP
      AFP  -  8 words
  • Page 12 Advertisements
Page thumbnail Page 13
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Inchcape sells Asia-Pac marketing division for $253m
      903 13  -  Two-part deal prices Inchcape Marketing at 85 cents a share By Rahita Elias [SINGAPORE] Inchcape pic is selling its Asia-Pacific marketing business including its stake in Inchcape Marketing Services (IMS) for $253 million to Hongkong Trade and Development Council chairman Victor Fung and
      FILE PHOTO  -  903 words
    • Article
      Marco Polo pays $115m for Ardmore View
      389 13  -  It bays 29 units in condo for $1,200 psf, two months after Draycott Park sale By, Ang Wan May [SINGAPORE] Marco Polo Developments Ltd has bought the Ardmore View condominium project for $115 million or an estimated $1,200-$1,300 per sq ft. The price
      389 words
    • Article, Illustration
      Lock icon OCBC share prices pull ahead of UOB
      465 13  -  OCBC's better investor relations, visibility cited By\ Siow Li Sen [SINGAPORE] After being neck and neck for a few months, funds favourite OCBC Bank has resumed its price lead over United Overseas Bank (UOB). Analysts say OCBC is clearly benefiting from higher visibility
      Source: Reuters  -  465 words
    • Article
      Why is Inchcape giving away its marketing unit for free?
      655 13  -  HOCK LOCK SIEW Lee Han Shih CAN the retail situation in the region be so bad that London-based Inchcape pic is willing to sell its Singapore listed marketing services arm, Inchcape Marketing Services, for close to nothing at all? Inchcape
      655 words
    • Article, Illustration
      SingTel: fair price paid for Thai cellular operator
      454 13  -  Need to look at total picture, including growth opportunities From* Catherine Ong in Bangkok SINGAPORE Telecom said the price it paid for its investment in Advanced Info Service was fair and reasonable and reflected the long-term potential of Thailand's leading cellular company.
      454 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Rashid Hussain Securities plans big role in Thailand
        216 14 Reuters [BANGKOK] Malaysia's sec-ond-largest brokerage Rashid Hussain Securities Sdn Bhd (RHS) said yesterday it aimed to play a major role in the Thai market. Sanyalaksna Manibhandu, manager at the brokerage's newly-opened Bangkok representative office, told Reuters that RHS was set to invest
        Reuters; FILE PHOTO  -  216 words
      • Article
        Sino group sold HK$25b properties in 1998
        477 14  -  HE govt urged not to resume land sales yet as there's still a huge supply From i Quak Hiang Whai in Hongkong NG Teng Fong's Sino group, which comprises his private vehicles and listed arm Sino Land Company Ltd, sold about HK$25 billion
        477 words
      • Article
        Poor yields hurt SIA even as load factors recover
        351 14  -  By< Conrad Raj [SINGAPORE) Singapore Airlines' operating profits are still being affected by poor yields although load factors in the last quarter of 1998 were back to respectable levels. "In the last quarter of the year, October-December, load factors were back
        351 words
      • Article
        Lock icon British Telecom to woo firms in fight for HK turf
        142 14 Reuters (HONGKONG] British Telecom will join the operators vying for market share in Hongkong's newly liberalised telecoms market with products targeting businesses, North-east Asia managing director Mark Smith said. "Essentially the offerings we have are aimed at the corporate customers,"
        Reuters  -  142 words
      • Article
        Lock icon PLUS to anchor new plan to revamp Renong, UEM
        542 14 RMB.5b PLUS paper to replace proposed govt guarantee Reuters [KUALA LUMPUR] Malaysia's biggest toll road operator, Projek Lebuhraya Utara Selatan (PLUS), will anchor a revised plan to restructure debt-laden conglomerate Renong Bhd and its associates, government officials said yesterday. They said
        Reuters  -  542 words
      • Article
        Lock icon Ekran chief controls Virgin isle firms
        210 14 Ting uses two firms there to buy Granite, PWE stakes Reuters [KUALA LUMPUR] Ekran Bhd said on Thursday its chairman Ting Phek Khiing owns two British Virgin Islands firms being used to buy large stakes in timber firms Granite Industries Bhd and PWE Industries
        Reuters  -  210 words
      • COMPANY Briefs
        • Article
          Ingram Micro ups ERL stake to 47.1%
          50 14 (SINGAPORE] US-baaed Ingram Micro on Thursday acquired a further four million shares in Electronic Resources Ltd, raising Its stake to 47.1 per cent from 45.4 per cent Ingram is making a general offer for ERL at $1.95 per share and $1.08 a warrant
          50 words
        • Article
          Serial System HK now wholly owned
          46 14 [SINGAPORE] Serial System has purchased the remalnlng67s,oooordinary shares in Serial System (Hong Kong) from Valdls Andris Dunis for U*****,820 (*****,370). Uponcompletlon of the acquisition. Serial Hongkong will become a wholly-owned subsidiary, but the vendor will stay the firm's managing director.
          46 words
        • Article
          PSC Holding cuts stake in PSC to 44.7%
          35 14 [SINGAPORE] PSC Holding has sold 15.2 million shares In the Provisions Suppliers Corporation for 47 cents a share. This brings PSC Holding's stake to 44.7 per cent
          35 words
        • Article
          L&M Group Investments buys stake
          36 14 [SINGAPORE] LAM Group Investments has subscribed for 49,000 new shares of 100 baht each in Construction Engineering Specialist Co (CBS), or 49 per cent of the Thai company's issued share capital.
          36 words
        • Article
          Lock icon MAS suspends flights to Vancouver
          57 14 AFP [KUALA LUMPUR] Malaysia Airlines System said yesterday it would suspend flights to Vancouver under a route rationalisation programme. "The aircraft released from this route will be re-deployed for additional flights to the more profitable routes in Australia, Europe and North America," the national carrier
          AFP  -  57 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Cable & Wireless up 10% on talk of Deutsche bid
        511 15 Cable Wireless up 10% on talk of Deutsche bid UK telecom group said to have put itself np for sale and appointed a broker Reuters, AFX-Asia, Bloomberg [LONDON] Shares of British telecommunications group Cable Wireless pic, the parent of Hongkong Telecommunications, surged 10 per cent in heavy trade yesterday as
        Reuters,; AFX-Asia,; Bloomberg  -  511 words
      • Article
        Lock icon MCI Worldcom weighs bid for Airtouch
        456 15 Bell Atlantic, Vodafone already in acquisition race NYT, Bloomberg [NEW YORK] MCI Worldcom Inc, the No 2 long-distance telephone carrier, is considering joining the bidding for Airtouch Communications Inc, the big wireless phone company, executives close to the discussions said Thursday. MCI Worldcom has
        NYT,; Bloomberg  -  456 words
      • Article, Illustration
        Lock icon Ford seeks to cut another US$1b in costs
        328 15 FT [CHICAGO] Ford Motor Co, which fired global markets recently with takeover speculation involving Honda, BMW and Volvo, is aiming to squeeze a further US$l billion (Ssl.7 billion) out of the group's cost base this year. Relentless cost-cutting from raw materials, manufacturing
        FT; AFP  -  328 words
      • Article
        Lock icon Boeing jet orders up 15%; likely to beat Airbus
        282 15 Biggest jetm&ker nets 656 orders worth USs42b in '98 Bloomberg [SEATTLE] Boeing Co, the world's biggest jetmaker, said it won 656 firm orders valued at US$42.l billion (5570.3 billion) for commercial jetliners last year, a 15 per cent increase over 1997.
        Bloomberg  -  282 words
      • Article
        Lock icon New victory for MGM in battle over 007
        199 15 AFP [LOS ANGELES] Metro-Gold-wyn-Mayer (MGM) scored a new victory on Thursday in its legal battle with Sony over the right to make movies about the adventures of the world's most famous spy, James Bond. A federal appeals court refused to overturn a
        AFP  -  199 words
      • Article
        BT SHARE INFORMATION SERVICE
        4260 15 Nat Mm CPS lung Kee Nov 30 I 23.792 50.657 119 25.3 Oat* TY LV TV LV MMI Hldgs Sep 21 P 15.767 7.821 7.12 4.59 Catnptny eon (tin) ($m> lets) (cts) MHE Hldgs S»p 25 P 0.199 0 *42 41.0 90.0 Marco Polo Nov 23
        4,260 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Bond defaults hit record high of US$29.3b in '98, says Moody's
        542 16 Fewer defaults expected this year; Russia No 1 on delinquents list Bloomberg [NEW YORK] Bond defaults by companies and overseas governments more than tripled in 1998 to a record U5529.3 billion (Ss49 billion), though they are expected to subside
        Bloomberg  -  542 words
      • Article
        Lock icon Morgan, Lehman Q4 results beat forecasts
        510 16 FT, Bloomberg, Reuters [NEW YORK] US securities firms Morgan Stanley Dean Witter Co and Lehman Bros Holdings reported fourth-quarter earnings on Thursday that beat expectations. Morgan Stanley Dean Witter's net operating income at US$B79 million (551.47 billion), after a US$345 million after-tax gain from
        FT,; Bloomberg,; Reuters  -  510 words
      • Article, Illustration
        Lock icon A swinging time for US$/yen
        476 16 Euro/US$: While the euro came into this world with a roaring start, it was too good to last. It rallied to a high of 1.1886 on Monday only to go under to touch a low of 1.1555 by Wednesday. Subsequently, it regained some lost ground
        Source: OBS Bank  -  476 words
      • Article
        Lock icon Liffe waiving some fees to boost euro products
        193 16 Reuters [LONDON] The Liffe derivatives exchange said on Thursday it would waive some trading fees and expand its product range in hopes of strengthening its euro money market and swap futures products. The changes are the first in a series intended to
        Reuters  -  193 words
      • Article
        Lock icon PwC aims to build fifth largest global law firm
        251 16 FT [LONDON] Price water houseCoopers (PwC), the giant professional services firm, aims to build the fifth largest law firm in the world in the next five years with US$l billion (Ssl.7 billion) fees and 3,000 lawyers. It is about to open
        FT  -  251 words
      • Article
        Lock icon Japan's Cosmo Oil to axe 40% of its staff
        443 16 Falling prices, greater competition cited as reasons for cost-cutting steps Bloomberg [TOKYO] Cosmo Oil Co, Japan's third-largest publicly traded oil refiner and distributor, will eliminate almost half of its workforce and take other cost-cutting steps to survive as prices fall and
        Bloomberg  -  443 words
      • Article
        Lock icon Vinik's hedge fund beats all with 45% jump in'98
        356 16 Bloomberg [BOSTON] The former manager of Fidelity Investments' flagship Magellan Fund. Jeffrey Vinik, handily beat the 1998 returns of both the Standard Poor's 500 Index and his former fund. The US$2.2 billion Vinik Partners hedge fund rose about 45 per cent,
        Bloomberg  -  356 words
      • Article
        Lower rates propel futures higher
        174 17  -  ■SlMhii Reports MSCI Singapore Index Bob Butcher, Jardine Fleming INTEREST rates are down and the MSCI Singapore Index and the accompanying futures contract love it! The three-month interbank rate sank to a three-and-a-half-year low, boosting the values of companies that have outstanding debt obligations. The
        174 words
      • Article
        Weak exports data depress futures
        183 17  -  MSCI Taiwan fatnres Charlie Kuo, Refco Singapore THE Simex MSCI Taiwan Stock Index futures tumbled as investors became cautious about the previous rallies, which were mainly a result of the government's support through its stabilisation fund. Market sentiment was also influenced by a sharp drop
        183 words
      • Article
        Lock icon Oil pushes higher amid signs long supply glut may be easing
        298 17 ENERGY REPORT Reuters [LONDON] Oil prices crept higher yesterday as traders pondered whether recent gains spurred by falling stocks could turn into a fullyfledged recovery. World benchmark Brent pushed up four cents to U5511.57 a barrel in early trade,
        Reuters  -  298 words
      • Article
        Lock icon CURRENCY REPORT
        306 17 AFP, Reuters London THE euro single currency yesterday fell to its lowest level since its Jan 1 launch, dipping below 1.16 US dollars for the first time on the world's biggest forex market here in the wake of stronger-than-expected US jobs data. The euro fell to U551.1551 here
        AFP,; Reuters  -  306 words
      • Article, Illustration
        Untitled
        1293 17 DTTERBAMK CROSS RATES A$ C$ gmto Ewo Ffr D» HKS hKft »up»ah Yen Won *U HZ$ Pafc >» Ptto S$ Hand Sfr MT$ Mrt Powtd US$ IS!" 104i 0 958 J'S2 iX V22 272 7M 1419 1404 1,67 ***** 24.067 1.057 3.670 0.875 20.352 23.016 0385 0433 Ch!i crm n
        1,293 words
      • Article
        Untitled
        1921 17 SICOM rPTURES jgn 8 RUBBER (futures closing «s it 5.30pm) RSS1 CONTRACTS cents/kg) Close Votairet Open Month High Low S«tt (tonnes) lwtf«t Feb 99 in.50 300 875 99 114.00 1275 Apr 99 119.50 119.50 116.75 50 400 May 99 121.00 ***** 119.25 50 400 Jon 99 122.50 122.50 120.75 50
        1,921 words
    • Article, Illustration
      Lock icon HONGKONG
      1418 18 Reuters, AFP QHMgSeng +29.13 STOCKS slid steeply in the final session to close just slightly higher after trading nearly 2 per cent up on expectation of a cut in local interest rates later yesterday, brokers said. The Hang Seng Index closed 29.13 points, or 0.27 per cent, higher at
      Reuters,; AFP  -  1,418 words
    • Article, Illustration
      Lock icon CHINA
      555 18 Reuters Fl Shenzhen B Index *0.63 SHENZHEN'S hard currency B shares ended sharply higher yesterday, boosted by firm gains in the neighbouring Hongkong stock exchange, analysts said. The B Share Index edged up 0.63 of a point to 53.33 on turnover of HK$4.5 million. "The B shares were pulled
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  555 words
    • Article
      Lock icon TAIPEI
      373 18 AFP QWP Index *17.44 TAIWAN share prices were up 0.3 per cent yesterday, buoyed by technology shares amid optimism over the market's outlook after sharp gains in the previous session, analysts said. "Buying remained strong after sharp gains in the previous session. Investors were still optimistic about the market's
      AFP  -  373 words
    • Article
      WORLD STOCK MARKETS
      2297 18 LONDON Industrials Jw I P«K« 31 Group 11 619.500 ♦14.500 A9 Ports 282.000 -11.000 Abbey National 1313.000 14.000 Allied Domecq 597.500 13.500 Allied Zurich 102.100 2.250 Amec 179.500 unch Asda Croup 163.250 2.000 BAT Ind 541.000 7.000 BG Pic 386.250 -1.750 BICC 68.500 unch BOC Group 833.000
      2,297 words
    • Article
      Lock icon TOKYO
      1612 18 Bloomberg Q Nikkei 225 -144.75 JAPANESE stocks fell after two days of gains as investors bet a weakening dollar will sap exporter profit. Sony Corp, Toyota Motor Corp and Honda Motor Co paced the slide. The dollar neared its 27-month low on concern a deteriorating Brazilian economy would hinder
      Bloomberg  -  1,612 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8673 19 INDUSTRIALS Consumer products 1999 Last Vol Day Nat Cap H4«k L— ClMMHy Ml *000 MH> lw> Pit $0* 292 292 Ajinomoto 292 12 1 292 292 16.1 118.4 82 5 76 Angkasa 80.5 unch 76 80.5 79 118.7 283 255 Apollo Food Hlg 262 -17 2 262 262 9.1 104
        8,673 words
      • Article, Illustration
        Lock icon Shares up amid talk of new deputy to Dr M
        418 19 AFP, AFX-Asia r Q Composite Index *5.81 MALAYSIAN share prices ended one per cent higher yesterday amid speculation that Prime Minister Mahathir Mohamad would announce a new deputy at a meeting of his ruling party, dealers said. The Composite Index
        AFP,; AFX-Asia  -  418 words
    • WARRANTS, OPTIONS & REGIONAL MARKETS
      • Article
        Cosco wrt: take note of time factor
        167 20  -  WARRANT WATCH -By R Sivanithy ONE "penny-warrant" that has only just started to move is the Cosco Investments warrant, so perhaps a quick look at its numbers might prove handy. The instrument expires in exactly one year's time in January 2000, so time
        167 words
      • Article
        Untitled
        2062 20 BONOS, LOANS WARRANTS m 1999 Lait Vol Day LMt Ouott Avg Hlqli Law Stno Company Sata ♦or- (OOO) Hlqll Low Buyor Sallar Plica 20.5 3 3160 "Acar ******1 USS 14.5 *0.5 147 14.5 t4 MS 15 95 4.5 3164 Acma ******4 22.5 1044 23 20.5 22 22.5 22 3161 AHTach
        2,062 words
      • Article
        CLOB INTERNATIONAL
        227 20 H0N6K0N6 STOCKS Or Gr 1999 Last Vol Day L«l Ouott Dtv Otv VW Nit M Ctg High Law Stno Company Sa* COOP) High Low Buyar SaHar Cw r/Z $m<l 400 250 5123 COL (2000) HK 400 380 8 24 2 20.5 7744.7 5124 Cathay Pac 20c HK_720 265
        227 words
      • Article
        Lock icon WELLINGTON
        249 20 AFP n Wellington -1(137 PROFIT-TAKING emerged yesterday to take some of the shine off the New Zealand sharemarket. The benchmark NZSE-40 Index slipped 10.37 points to 2,160.29, trimming some of Thursday's 1.8 per cent jump. Total turnover value reached NZ$97 million. Ja»« (0001 ANZ Banking 12.70 -0.50 863 Advantages
        AFP  -  249 words
      • Article, Illustration
        Lock icon BANGKOK
        749 20 AFP H SET Index +L7l BANGKOK share prices closed 0.4 per cent higher yesterday, with early gains eroded by profit-taking ahead of the financial sector's 1998 results, dealers said. A looming January dead-, line for banks to submit recapitalisation plans or face central bank intervention also dampened sentiment. The
        AFP  -  749 words
      • Article
        Lock icon SEOUL
        412 20 AFP H Composite Index -1L26 SOUTH Korean share prices closed down 1.8 per cent yesterday on massive retail prof-it-taking following recent sharp gains. The Composite Index closed down 11.26 points at 626.33, off a low of 625.56 and a high of 642.54. Volume was 291.3 million shares worth 3.0
        AFP  -  412 words
      • Article
        Lock icon SYDNEY
        593 20 AFP CI All Ordinaries -41 SHARES slumped 1.4 per cent yesterday amid rising concerns about the impact of a strengthening Australian dollar on export-oriented stocks, brokers said. The All Ordinaries Index fell 41 points to 2,856.3. The All Industrials fell 76 points to 5,173.3 and the All Resources Index
        AFP  -  593 words
      • Article, Illustration
        Lock icon JAKARTA
        677 20 AFP kJ Composite Index -18.45 INDONESIAN share prices closed 4.0 per cent down yesterday on profit-taking in most blue chips after sharp rises earlier in the week, dealers said. But they predicted renewed foreign buying next week after the market finds support at a lower level. A dealer with
        AFP  -  677 words
      • Article
        Lock icon MANILA
        296 20 AFP 4&73 PHILIPPINE share prices rose 0.3 per cent in volatile trading yesterday with the index pulled between buyers and profit-takers, analysts said. The Composite Index rose 5.73 points to close at 2,140.64 points, another seven-month high. Volume fell to 798 million shares worth 2.5 billion pesos. —AFP Mand«
        AFP  -  296 words
    • Article
      STOCK EXCHANGE OF SINGAPORE: MAIN BOARD
      6940 21 Transaction date: Jan 8 I v«4 Day Last Ouote DW Dlv YM Net C»p Aw Mljh_ Lew StNo Company Salt COOP) High L— gyyar H C»r H P/t $mH Prlc, MUtTHNDUSTRY 'fi. 17.5 m t 1000 Acma 50c 81.5 *1.5 777 S3 80 81
      6,940 words
    • Article
      SESDAQ
      1303 21 Va( Day Last Ouata Dfcr Olv YM Nat Cap A?g H*> L— StMa Ciwpwn hH rOOO) HlgH L— Iwyo «—«r CV P/t >3T Pttea MANUFACTURING 243 30 2049 AS Auto 10c 109 *2 663 III KH 108 109 15 N 7 1.4 10J 124.5 106 ,I« 5 20S1 ASJ
      1,303 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        433 22 Stocks Volume PSC25c 22,094,000 DBS Land 14,907,000 KepTatLee Bank 13,438,000 Keppel Land 50c 12,498,000 Keppel LandWOO 12,010,000 KepTatLee Bk DBS *00 11,948,000 SembCorpI 25c 11,685,000 SingTel 15c 11,564,000 ST Computer25c 8,278,000 ST Capital 25c 7,799,000 Stocks OCBC Foreign 54,159,720 UOB Foreign 46,601,951 DBS Land 42,172,559 KepTatLee Bank 40,162,008 SPH 40,151,370
        433 words
      • Article, Illustration
        Shares rally on rumours of banks ending dual listing
        642 22  -  STOCK MARKET COMMENTARY STI op 11.5% in three days as funds continue to pour in; brokers welcome broad rise bnt were mystified at market's strength By R Sivanithy [SINGAPORE] Fuelled by rumours that their Local and Foreign tranches might be merged
        642 words
      • ON THE GRAPEVINE
        • Article
          When to do it
          184 22 WHAT is the best time to hold a meeting, to negotiate or to rest? According to scientists, there is a time for every activity in business life. They said the three hours between Bam to 11am are good for organising and tackling the toughest jobs of
          184 words
        • Article
          The mark of a Singaporean
          86 22 A BT reader received a good-natured scolding from a travel agent when she called to book a trip on the Superstar Leo cruise for Chinese New Year. "Are you Singaporean or not?" asked the incredulous agent. "Superstar Leo was booked solid three months ago; what
          86 words
        • Article
          Ringing in competition
          107 22 THERE were the usual platitudes and well-wishing yesterday when Malaysia successfully kicked off its equal access phone system which gives the consumer the option of choosing the telephone services provider he wants regardless of the network he is directly connected to. But there was one probing question.
          107 words
        • Article
          Well-versed on bulls
          85 22 WITH stock markets in the region stirring, now is perhaps a good time to ponder on a poem written by a veteran investor who spent the last 30 years playing the Hongkong market: A bull market is born when most people have lost hope. It grows when
          85 words
      • Article, Illustration
        HOT STOCK
        66 22  -  3. O By Wong Wei Kong DBS Land rose eight cents yesterday to $2.84 on a volume of 14.9 million shares, compared with the 10-day traded average of 5.53 million shares. The daily and weekly RSI and Stochastics are sending out overbought signals, and this is supported by
        66 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      42 13 The course of true love never did run smooth. ft With so many beauties on display in The Straits Times Classified daily, W it's no wonder our readers Advertise in the Vehicles section (Classifications 302 to 394). Call C.A.T.S. at 1800-737-1166. I
      42 words
    • Advertisement
      Page 13 Advertisements Column 2
      22 13 awr --|^^r MH 9n y Catch what'i news in Cats IVfGWS.' Pw'f Mill it in Swdiy CliuifM thii tfukud. igj *g* [cats.
      22 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      1426 14 LI FUNG (DISTRIBUTION) LIMITED (Incorporated in the British Virgin Islands) ANNOUNCEMENT Introduction On behalf of the Board of Directors of Li Fung (Distribution) Limited ("LFD"), The Development Bank of Singapore Ltd ("DBS Bank") is pleased to announce that LFD has today entered into the following agreements:(a) a put and call
      1,426 words
    • Advertisement
      Page 14 Advertisements Column 2
      13 14 Buy It. Sell It Find It Classified. Call Today For Results Tomorrow. ISOO-737-1164
      13 words
Page thumbnail Page 15
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      6 16 TODAY Mjanhe Zaobao m fcfe *****77
      6 words
    • Advertisement
      Page 16 Advertisements Column 2
      91 16 Ill!llil!li[l!llilII!llilii[l!lliM! am a'fSrl National University of Singapore MM \335/ Nanyang Technological University Wft PUBLIC LECTURES H PROFESSOR ANTHONY KELLY jj Lee Kuan Yew Distinguished Visitor W "MATERIALS ENGINEERING "HOW THE SCIENCE OF W AND THE GLOBAL MATERIALS CONTROLS PT TECHNOLOGICAL ENGINEERING ADVANCE" CHALLENGES" Date Lljj Date Thursday, 25 January 1999
      91 words
Page thumbnail Page 17
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      86 18 Hello? I m calling about\ /(}osh, you re\ f I round my pet through your advertisement in great...just like r f 1 I i j I I Ihe btraits I imes Classified. J A Ihe btraits 1 imes Classified... I the ad V M L i j u j J
      86 words
Page thumbnail Page 19
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      46 20 Was Praibcnvojiist a fall guy? Hw fwil fl| »UwH oo tt> abdoctka ol In4ow iWi«M«»t i jljjjjjjjjjjjjK, I gsSSss S£;sg£HZ Court njeets appeal, jails DAI' Ml* stsssrssSSr 888 V V p ms Bfe Bp mil Sim WOflTlOeflOfW Asian View W "vUIWwUftjP by Yang Ramli Kassim TheßusinessTimes
      46 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      76 21 calling about f See...l told f The card we're I the computer you this was a I making for Susan advertised in J deal. J Yup, we got V is going to be J VThe Straits Times s 1 v. /we wanted because real nice! S 1 lt nas of
      76 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      218 22 BUSINESS \ot ices TO ADVERTISE CALL TOLL-FREE 1800-741 1883 SING INVESTMENTS FINANCE LIMITED S X F (Incorporated In the Republic of Singapore) ANNOUNCEMENT Pursuant to Article 5(1 Ha) of the Articles of Association of the Company, it is hereby announced that the Status Declarations received by the Company as at
      218 words
    • Advertisement
      Page 22 Advertisements Column 2
      32 22 ml 111 :iKBil I K BJ |jl 11 >BE I oum an education institution. The Straits Times Classified is my course to success. fl# CATS. I 1800-737-1166 Call Today For Results Tomorrow.
      32 words
    • Advertisement
      Page 22 Advertisements Column 3
      178 22 *25* i» E. top students be 'A' level results February. Because of the promise they have shown, they will be inundated with offers of scholarships and bursaries. Make sure you get to them before they sign on with a competitor. A "DC I The Straits Tlmes wm nin a three-part
      178 words
    • Advertisement
      Page 22 Advertisements Column 4
      79 22 v*r and we'll help you enhance your company profile Corporate celebrations are opportunities to have a total communication approach in enhancing your company profile to your business associates and customers. It may be a grand opening, launching ceremony, company anniversary, ISO certification, ground-breaking ceremony or a toppingout ceremony. It's another
      79 words