The Business Times, 27 November 1993

Microfilm: NL18966
Total Pages: 32
1 32 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    15 1 Business Times WE KNOW ASIA MITA (P) 552/12/92 Weekend Edition, November 27-28 1993 75 c
    15 words
  • Article, Illustration
    Sarawak acts to wrest control of MPHB's Dunlop Estates
    515 1  -  From Leslie Lopez in KUALA LUMPUR MALAYSIA'S resource-rich Sarawak state has begun talks to wrest control of publicly listed Dunlop Estates, a group controlled by businessman Lim Thian Kiat's Multi-Pur-pose Holdings. What could be the country's largest corporate takeover transaction valued
    515 words
  • Article
    A Merry Christmas — and big bonuses this year
    592 1  - A Merry Christmas and big bonuses this year Reports by Anna Teo SINGAPORE Bumper bonuses, in some cases double the amount last year, are expected next month, and not only by stockbrokers. Improved economic and business performance this year has led to expectations across the board that the year-end payout
    592 words
  • Article
    Civil servants to get special bonus
    235 1 SINGAPORE Public sector employees will get a quartermonth special bonus for the economy's good performance this year. Trade Industry Minister S Dhanabalan announced yesterday. The one-ofT payment is in addition to the usual 13th month payment and the twomonth annual variable component, part of
    235 words
  • Article, Illustration
    Lock icon Fresh fears over banks send Nikkei crashing
    179 1  -  From Anthony Rowley in TOKYO TOKYO Renewed fears over the health of Japanese banks sent Tokyo stock prices crashing again yesterday, following dramatic falls earlier this week. The widely watched Nik-kei-225 stock average shed 496.55 points to close at 16,726.37 its lowest level
    Source: Bloomberg  -  179 words
  • Article
    Daimler-Benz to seek Singapore listing
    321 1  -  By Juliette Walker SINGAPORE DaimlerBenz AG expects to seek a secondary listing in Singapore by the middle of next year, a spokesman for the German transport giant said yesterday. The company also hopes for a Shanghai listing by the end of next year, if laws
    321 words
  • Article
    Vickers Ballas set to offer 120m shares at $1.60 each
    230 1  -  By R Sivanithy SINGAPORE Stockbrokers Vickers Ballas is expected to launch its initial public offering next month. Market sources said that the firm will offer 120 million shares instead of the 100 million originally planned. Also, the sources said the
    230 words
  • 2am LATEST
    • Article
      Lock icon Wall Street stocks edge lower
      58 1 Reuter NtW YORK Blue chip stocks edged lower yesterday in light trading after a shortened session, as weakness in oil shares depressed the market. The Dow Jones industrial average was down 3.63 points at 3.683.95, based on early and unofficial data. Volume was light at
      Reuter  -  58 words
    • Article
      Lock icon Iraq accepts long-term weapons checks
      96 1 Reuter UNITED NATIONS Iraq formally accepts long-term monitoring of its weapons potential and hopes the Security Council will now lift its three-year-old ban on Iraqi exports of oil, Iraqi Foreign Minister Said al-Sahaf said in a letter to the Security Council yesterday. "I should like
      Reuter  -  96 words
    • Article
      Lock icon LOT, BA fail to settle dispute
      70 1 Reuter WARSAW Polish airline LOT and British Airways failed again to reach an agreement yesterday in their dispute over flight allocations, which has halted direct flights between London and Warsaw. LOT said. LOT said that BA rejected all Polish proposals to end the month-long
      Reuter  -  70 words
  • Article, Illustration
    Lock icon MARKET SUMMARY
    117 1 Source: Bridge Info Stock market indices Friday hingt Sill 2,107.98 16.81 KLSE Composite 976 34 6.03 Nikkei 16.726.37 -496.55 Hang Seng 9.274.42 -11.89 SET Inde* „..l.309 57 +0.31 Jakarta C omposite ...522.42 -1.78 CLSA China B 1.266 92 -20 55 Aust All Ord 2,043.1 +1.1 FrSE 100 3,111.4
    Source: Bridge Info  -  117 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • SINGAPORE NEWS
    • Article
      Three property giants dominate URA's Kew Drive tender
      1121 2  -  Ng Teng Fong's companies again most aggressive By Sylvia Wong LAND prices have taken another leap, judging from bids submitted by Singapore's biggest developers in an Urban Redevelopment Authority tender which closed yesterday. The sale of land for houses at Kew Drive
      1,121 words
    • Article
      Prosecution seeking absurd definition, says defence
      417 2  -  The OSA Trial Reports by Ramesh Divyanathan THE prosecution was seeking an absurd definition of communication under the Official Secrets Act in arguing that it did not matter whether a person intended to communicate secret data, a defence lawyer told a Subordinate Court yesterday.
      417 words
    • Article
      Counsel says prosecution should not pick and choose evidence
      428 2 THE prosecution should look at all the evidence and not pick and choose what it feels is suitable for its case, a defence lawyer said yesterday. Harry Elias, lawyer for Kenneth James, said it is a legal principle that the evidence
      428 words
    • Article
      Chartered Industries retrenches 250 workers
      359 2  -  By Quak Hiang Whai CHARTERED Industries of Singapore axed about 250 jobs, or 6 per cent of its workforce, yesterday. The retrenchment at the company's ammunition division will save CIS about $5 million to $6 million aVear, a CIS spokesman told BT yesterday. The division
      359 words
    • Article
      Size puts limit on transfer of S'pore expertise by govt
      534 2  -  SM Lee's visit to China From Yong Pow Ang in HANGZHOU THERE is a limit to what the Singapore Government can do in the transfer of Singapore experience because of its size, said Senior Minister Lee Kuan Yew yesterday. Countries
      534 words
    • Article
      Print media takes lion's share of advertising dollar
      243 2 TWO-THIRDS of every advertising dollar finds its way to the print media, with newspapers consistently being the most popular choice for advertisers. Despite fierce competition from television and radio, advertisement expenditure in Singapore's print media has been growing by about 10 per
      243 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      227 2 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 k r 1 MeesPierson Securities (Asia) Limited j ECONOMIST (S.E. ASIA) Do you want to apply your knowledge and expertise in a changing, fast-paced environment? Do you want to have a direct impact on profitability? Do you want to be a key
      227 words
    • Advertisement
      Page 2 Advertisements Column 2
      8 2 The Straits Times Weekly Edition HOME BROUGHT CLOSER
      8 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      368 2 CRYPTIC CROSSWORD bumpv rides (8) YESTERDAY'S SOLUTION "l." 13 Faced greedy person first who was obstinate (3-6) t irj a |fjf[ij c mcioi d leii iniej 2 Whistling when it is very Receiver of communica- 1" hot (6) tions (6-3) M lll BlGllTM*blMlßt.MMl J Secret store of money re- 5
      368 words
Page thumbnail Page 3
  • THE REGION
    • Article
      Lock icon Invitation to join Afta is exciting: Aussie minister
      533 3 AFP, Bernama. MELBOURNE Australia regards an invitation to join an embryonic free trade group based on Asean as an "exciting proposition" worthy of careful consideration. Trade Minister Peter Cook said yesterday. Thailand's Deputy Prime Minister Supachai Panitchpakdi proposed during an international trade
      AFP,; Bernama.  -  533 words
    • Article
      Lock icon Britain still sees wide gap in Hongkong talks
      350 3 Reuter BEIJING Britain and China yesterday ended a first day of what appears to be a last-ditch round of talks on Hongkong's political future with the chief British negotiator saying a "wide gap" still separates the two sides. "I'm afraid we can't
      Reuter  -  350 words
    • Article, Illustration
      Lock icon Rockin' and rollin' — in Beijing
      44 3 Rockin' and rollin' in Beijing AFP BEIJING A busker playing Chinese and Western rock and roll songs in a park here yesterday. Busking is a relatively new activity in the Chinese capital and a source of curiosity for some of the elderly residents. AFP
      AFP  -  44 words
    • Article
      HK lowers official inflation forecast to 8.5pc
      423 3  -  From Catherine Ong in HONGKONG THE Hongkong government says the inflation rate is expected to be 8.5 per cent, down from the 9 per cent it predicted in August. The economy remains on course to grow at 5.5 per cent. Figures released yesterday
      423 words
    • Article
      Lock icon Seven jailed in Taiwan construction scandal
      115 3 Reuter TAIPEI A court here yesterday sentenced seven people to between five and 15 years in jail for their involvement in a USSI73 million (***** million) construction scandal. Andrew Yen, 57. former president of state-run Tang Eng Iron Works and the son of former
      Reuter  -  115 words
    • Article
      Lock icon Row over pre-polls Keating-Black deal hots up
      462 3 Reuter CANBERRA An uproar over a pre-election deal by Prime Minister Paul Keating with Canadian publisher Conrad Black heated up yesterday, with Mr Keating saying Mr Black's memory was fuzzy on what was promised. The opposition parties meantime announced a parliamentary inquiry into
      Reuter  -  462 words
    • Article
      Indonesia acts to deal with growing unemployment
      234 3 JAKARTA In a move aimed at tackling Indonesia's growing unemployment problem, the Minister of Manpower, Abdul Latief, on Thursday restructured his ministry, creating a third directorategeneral and a research and development agency. The Jakarta Post newspaper reported yesterday that Mr Latief has appointed
      234 words
    • ASIA NOTES
      • Article
        Lock icon Taipei rethinks privatisation plan
        72 3 Reuter TAIPEI Taiwan may alter privatisation plans for the Directorate General of Telecommunications (DGT), converting the telecommunications giant into a private company in one piece instead of splitting it up, the DGT said yesterday. The government earlier this year announced its intention to privatise the DGT.
        Reuter  -  72 words
      • Article
        Lock icon Police report against Samy Vellu
        91 3 Bernama KUALA LUMPUR The Malaysian Indian Congress' public relations committee chairman V Subramaniam yesterday lodged a police report against MIC president S Samy Vellu for alleging that he had extorted money from Mr Samy Vellu. On Monday, Mr Samy Vellu, who is Malaysia's Telecommunications Minister,
        Bernama  -  91 words
      • Article
        Lock icon HK pledge on China's MFN status
        72 3 Knight-Ridder HONGKONG The colony's Financial Secretary Hamish Macleod said yesterday that the government will do all it can to guarantee the renewal of China's most favoured nation trade status by the United States next year. Mr Macleod said he discussed the issue with US
        Knight-Ridder  -  72 words
      • Article
        Lock icon Thai army officer issues coup warning
        92 3 AFP BANGKOK A senior military official has warned of the risk of a coup if certain constitutional reforms being debated in Parliament are adopted, the Bangkok Post said yesterday. The officer, identified only as a close ally to Army Commander-in-Chief General Wimol Wongwanich, said
        AFP  -  92 words
      • Article
        Lock icon Target of China's commodities tax
        81 3 AFP BEIJING China's new commodities tax is to target highincome earners and will not increase the burden on ordinary people. Xinhua news agency yesterday quoted a tax official as saying. The tax. to be introduced as part of China's broad fiscal reforms at the beginning
        AFP  -  81 words
    • Article, Illustration
      Humpuss group injecting 3b rupiah to rebuild Flores
      210 3 MAUMERE, Indonesia Indonesia's Humpuss group, owned bv President Suharto's son Hutomo Mandala Putera. is injecting three billion rupiah (552.25 million) into various projects to rebuild the island of Flores. which was devastated by an earthquake last year. The Jakarta Post reported yesterday
      210 words
  • Page 3 Advertisements
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      71 3 ftHsioeßeoy (didn't sry '•fessiß' DID VoUH£PJ? FUDGE\ 6f\oK V QUICK enough.... OFF 1 -it- 1 JON6.S ftvNSoJ€Rtvl6/ C2^ v-ic. didn'T I P\rNlSiO€L£ Rcvf 7 t ASSOCIATED NEWSPAPERS ITO IM2-IMJ Dni-N J 9060 POONESBURY GARRY TRUDEAU ANYMORE IP6MANU UM...UJHOM IJftfcLATOf*} r iUHATB-VBR THE P'P YOU YSSS/R SE£MSTOOa UJZVS EVEN GOT OTHERS
      71 words
Page thumbnail Page 4
  • THE REGION/WORLD
    • Article
      Lock icon EC, US officials claim progress in talks on farm trade
      554 4 Reuter, AFP PARIS European and American officials yesterday said they saw progress in talks aimed at unblocking farm trade negotiations which are holding up the Gatt trade deal. French Agriculture Minister Jean Puech said he thought Washington might accept a
      Reuter,; AFP  -  554 words
    • Article
      S'pore firms want India to open up real estate sector
      305 4  -  By Nirmal Ghosh in BOMBAY SINGAPORE companies are keen to break into the Indian real estate sector if the government allows it. At present, only resident and non-resident Indians can own property. But Singapore MP S Chandra Das, who is
      305 words
    • Article, Illustration
      Lock icon Strike cripples Belgium
      47 4 Reuter CIIARLEROI, Belgium About 3,000 people demonstrated here yesterday during Belgium's first general strike for half a century. The strike brought industry and transport to a standstill and forced the government to agree to talks with the trade unions on its austerity measures. Reuter
      Reuter  -  47 words
    • Article
      Lock icon Ruling Nationalists expected to lose local elections in Taiwan, says Gallup
      408 4 Bloomberg Business News, UPI, Reuter TAIPEI The Gallup Organisation in Taiwan, an affiliate of the US polling company, expects the ruling Nationalist Party to lose hotly contested local elections in Taiwan today. a top official said yesterday. Gallup chief
      Bloomberg Business News,; UPI,; Reuter  -  408 words
    • Article
      Lock icon British welfare system is ripe for an overhaul, warns Major
      275 4 Reuter LONDON British Prime Minister John Major, heralding an overhaul of Britain's trendsetting welfare state, yesterday backed calls for a more "pay-your-own-way" system. With the social security budget now taking up more than 30 per cent of government expenditure and
      Reuter  -  275 words
    • Article
      Lock icon Hanoi backs Krupp-Lonrho consortium's iron ore mining project
      266 4 Reuter HO CHI MINH CITY A billion-dollar iron-ore project by a consortium led by Germany's Krupp steel giant has won the full backing of Vietnam's government, a top industry minister said. The project at Thach Khe, the biggest mining venture planned in
      Reuter  -  266 words
    • Article
      Lock icon Foreign investors blamed for poor safety standards in Chinese factories
      253 4 AFP BEIJING China's state-run media is placing the blame for poor factory safety standards of the kind that caused the deaths of 81 workers in a fire last week on the shoulders of foreign investors. The China Daily, in an
      AFP  -  253 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      447 4 BUSINESS TIMES TOLL FREE TEL. No. f -SOO-741-1 833 FAX74I-1298 r < CM I J POWERMATIC DATA SYSTEMS LTD ANNOUNCEMENT OF INTERIM RESULTS The Board of Directors of the Company are pleased to announce:— 1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 31 AUGUST 1993 GROUP COMPANY 6 months ended
      447 words
    • Advertisement
      Page 4 Advertisements Column 2
      91 4 Don't J3 miss ff AFTER 51 v Your day may H be over But your night is 9 I just beginning! ML t Get a drink, go p dancing, hear J the latest hit, pj see the hottest fl band in town... yfl Explore the y possibilities Jk with our
      91 words
    • Advertisement
      Page 4 Advertisements Column 3
      179 4 HANDBOOK FOR A STOCK INVESTORS By GOH KHENG CHUAN First published Nov 1993 The aim of this NEW Handbook is to provide novice and seasoned investors with the essential knowledge and techniques to make better decisions in stocks and shares investment. In addition, this book offers you a 5 year
      179 words
Page thumbnail Page 5
  • THE WORLD
    • Article
      Lock icon CBI raises this year's British growth forecast to 1.9pc
      459 5 But likely tax rises, European recession dampen outlook for 1994 Knight-Ridder, Reuter LONDON The Confederation of British Industry (CBI) said yesterday that it had raised its forecast for growth in the British economy in 1993 to 1.9 per cent from 1.7
      Knight-Ridder,; Reuter  -  459 words
    • Article, Illustration
      Lock icon In the firing line
      59 5 AFP LIMA A former worker for a state seafood company shouting during a protest against the dismissal of some 1,700 workers from the company. The firings were reportedly part of the privatisation programme being carried out by the administration of President Albert Fujimori. Official sources say
      AFP  -  59 words
    • Article
      Lock icon Mexico relaxes curbs on foreign investment
      288 5 NYT MEXICO CITY Mexico announced a long-awaited loosening of its restrictions on foreign investment on Thursday, extending to the rest of the world many of the rights that will be accorded to US and Canadian concerns under the North American Free Trade Agreement. Under
      NYT  -  288 words
    • WORLD WATCH
      • Article
        Lock icon Visa makes it to Vietnam
        68 5 Reuter MAASTRICHT. Netherlands Visa International has established operations in Vietnam despite official US restrictions on trade with the communist state, the credit card company's head, Charles Russell, said yesterday. "We're in Vietnam, we just got there by a different route it's legal, or so I'm
        Reuter  -  68 words
      • Article, Illustration
        Lock icon Say something awful, Bart
        41 5 Reuter NEW YORK "Bart Simpson" skateboards into New York's Times Square, one of many floats and balloons taking part in Macy's annual Thanksgiving day parade on Nov 25. Thousands of people crowded the sidewalks to cheer Reuter
        Reuter  -  41 words
      • Article
        Lock icon Poll puts Labour 18 points ahead
        39 5 AFP LONDON A new opinion poll yesterday put the opposition Labour party 18 percentage points ahead of the government and showed the personal rating of Prime Minister John Major continuing to fall. AFP
        AFP  -  39 words
      • Article
        Lock icon Asia will be new Aids focus: expert
        40 5 AP SYDNEY Asia will eclipse Africa as the world centre of the Aids epidemic by the year 2000. Indian Aids expert, Vinod Sapra. founder of World Vision's Women and Aids project said. AP
        AP  -  40 words
    • Article
      Lock icon Small and big businesses on opposite sides in Swiss vote on value-added tax
      533 5 Bloomberg Business News ZURICH A tax-reform vote this weekend will decide whether big Swiss companies will win a long battle to shift part of their tax burden to small business and consumers. If the Swiss people say
      Bloomberg Business News  -  533 words
    • Article
      Lock icon Parties shun Kohl's call for common presidential candidate
      218 5 Reuter BONN Chancellor Helmut Kohl's chances of recouping his political losses from the resignation of his presidential candidate looked slim yesterday as other German parties clung to rival nominees for the prestigious post. Dr Kohl quickly offered to seek a common candidate
      Reuter  -  218 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1820 5 ETA Ffi*t ETD mm GA860 2000 Amsterdam KL837 1540 KL844 0535 KL838 2335 SQ324 2345 Mkm SQ 34 7 1730 SQ 34 7 1735 Auckland NZ21 1710 NZ36 0055 BA1 1 1335 SQ286 2035 NZ22 1825 B Seri Begawan BI421 1105 SQ 182 0915 SQ181 1410
      1,820 words
  • Page 5 Advertisements
Page thumbnail Page 6
  • COMPANIES & MARKETS
    • Article
      Summavest to expand into financial services
      535 6  -  Reports by Genevieve Cua SINGAPORE Summa Investments (Summavest), which has been taken over by Chinese interests, will expand into financial services and shed its property assets except Bugis Junction. Newly-appointed Summavest chairman Francis Yuen, former chief executive of the Hongkong stock exchange, told analysts
      535 words
    • Article
      Seapower, Ceroilfood set up US$40m investment fund
      199 6 SINGAPORE The Hong-kong-based Seapower group has tied up with the Chinese state-owned Ceroilfood to set up a US$4O million (5563.6 million) fund to invest in consumer goods and food companies in Asia. Seapower Resources International chairman Francis Yuen said the fund will be
      199 words
    • Article
      Brokers strike back in rating of fund managers
      639 6  -  By Joyce Quek SINGAPORE Every October, when Asiamoney publishes its Brokers' Poll, the region's stockbrokers suffer the indignity of being judged by fund managers. Now in its First Fund Managers' poll, brokers strike back when asked to rate their clients. Not very
      639 words
    • Article
      Mayora Indah enjoys sweet taste of success
      772 6  -  HOCK LOCK SIEW By William Chia JAKARTA Confectionery maker Mayora Indah is in an enviable position. Indonesia's 186 million people are known to have a "sweet tooth" and the company is the nation's biggest producer of candy, chocolates, biscuits and wafers. No wonder
      772 words
    • Article
      Goldtron buys Aussie video company
      151 6  -  By Ven Sreenivasan SINGAPORE Sesdaqlisted Goldtron announced yesterday that it was buying The Duplication Centre (TDC), an Australian video cassette duplicating company. Goldtron will pay A 55.7 million (556.04 million) cash for the business and assets of the Victorian company. It estimates an additional outlay
      151 words
    • Article
      Shareholders to receive shares in merged Rothmans company
      320 6  -  By Abdul Hadhi SINGAPORE Rothmans Industries' shareholders will receive two shares in a new company for every one they hold in their own firm, under a merger proposal detailed yesterday. The company also said, in a circular, that shareholders in related Malaysian
      320 words
    • Article
      Polytek Wearnes' loss doubles to $2.4m
      193 6 SINGAPORE Hit by losses from its overseas operations. Sesdaq-listed Polytek Wearnes saw its interim after-tax loss double to $2.36 million from $1.04 million. In an announcement yesterday, the company said the increased losses for the half-year ended Sep 30, 1993 came on the back
      193 words
    • Article, Illustration
      Lock icon SUMMARY
      301 6 Source: Bridge Info Performance of STII's Index stocks Nov 26 Last Snw Index Slock sale Chae factor moters Avimo I 880 -0 040 1.30 -3.48 CAC 7 950 0.150 5.51 13.04 CWT 2 650 1.84 Cerebos 6 700 -0.150 4.65 -13 04 FAN 15 300 0.200 10.61 17.39 Gen
      Source: Bridge Info  -  301 words
    • COMPANIES
      • Article, Illustration
        Thai Airways' pre-tax profit plunges 68.5pc
        468 7  -  From Andrew Cooke in BANGKOK THAI Airways International yesterday capped off a year it would rather forget with an announcement of a 68.5 per cent drop in pre-tax profit for the 1992-93 financial year. Profit for the October 1992-September 1993 fiscal year was 1,381
        468 words
      • Article
        UNIT TRUSTS & FUNDS
        473 7 UNIT TRUSTS FUNDS »cfc« Nov 27 29 MTUC Income Singapore Unit Trust income Bond Policy 402 4i7 The Commerce 1.59 1.67 Prudential The Savings Fund 1.49 1.56 PniLink Mgd Fund 1.32 1.39 S pore Prog Fund 0.67 0.70 s pore sec Fund 0.97 i oi MARA-Bumiputra S;porc Invest Fund 1.12
        473 words
      • Article
        Wywy Group goes into restaurant business
        155 7 SINGAPORE THE Wywy Group, better known as a retailer of electronic goods, will make its debut in the dining scene with the opening of a joint-venture eatery at the Orchard Parade Hotel. The group has signed a three-year lease effective Jan 25 with Orchard
        155 words
      • Article
        Lock icon Chocolate Products sets aside M$25m for two new projects
        253 7 Bernama KUALA LUMPUR Chocolate Products (M) Bhd has budgeted Ms2s million (5515.5 million) for its two new projects in Penang and Beijing, its managing director. Tan Onn Poh said yesterday. Speaking to reporters after the company's annual general meeting, he said
        Bernama  -  253 words
      • Article
        Lock icon HK steel trader's profit increases to HK$15m
        127 7 Bloomberg Business News HONGKONG Steel trader and mould manufacturer Lung Kee (Bermuda) Holdings Ltd said its net profit came to HKSIS million (553.02 million) in the six months ended Sep 30, compared with HKSI4.3 million in the same period last yaer. The figures
        Bloomberg Business News  -  127 words
      • Article
        Informatics sets up first franchise in Philippines
        124 7  -  By A J Leow SINGAPORE Sesdaqlisted Informatics Holdings Ltd announced yesterday that it has set up its first franchise computer training school in the Philippines. The new branch in Manila will be operated by Informatics Computer Institute Inc (ICII) which is a tie-up
        124 words
      • Article
        Earnings of GB Holdings decline by half
        240 7  -  By Quak Hiang Whai SINGAPORE Fewer boat sales depressed the earnings of yacht maker GB Holdings by half to $918,000 in the six months to Sep 30. Group turnover fell 26 per cent to $16.66 million from $22.6 million. The company said in
        240 words
      • COMPANY BRIEFS
        • Article
          Lock icon Yangtzekiang interim profit up 54.8pc
          63 7 Bernama KUALA LUMPUR Yangtzekiang Bhd yesterday reported a 54.8 per cent rise in group pre-tax profit to MS 1.16 million (S$710.000) for the six months ended Sep 30, from M 5755.000 in the corresponding period last year. Turnover, however, decreased 16.5 per cent to M
          Bernama  -  63 words
        • Article
          Centrepoint Properties forms unit
          26 7 SINGAPORE Centrepoint Properties has formed a whollyowned subsidiary. CPL Complex, with an authorised capital of Sioo.ooo and a paid-up capital of $2.
          26 words
        • Article
          Lock icon Guobena in M$30m revolving facility
          93 7 Bernama KUALA LUMPUR Guobena Sdn Bhd, a wholly-owned subsidiary of Bedford Bhd. has agreed with a consortium of eight banks for a MS3O million (5518.6 million) dual-option revolving underwriting facility (DORUF). The DORUF is the first commercial paper programme in Malaysia that incorporates an additional
          Bernama  -  93 words
        • Article
          UIS' net tangible assets
          30 7 SINGAPORE Closed-end fund United International Securities said its net tangible asset per share was 51.71 on Oct 31. UIS closed four cents up at 1.20 yesterday.
          30 words
        • Article
          Inno-Pacific to close transfer books
          43 7 SINGAPORE Inno-Pacific said its transfer books and register for its transferable subscription rights 1994 will close from Dec 15 to Dec 20. This is in connection with the final redemption of the $18.12 million unsecured 1994 loan stock.
          43 words
      • Article
        DIVIDENDS ANNOUNCED
        736 7 Payment Ex Books Pay dale close dale AISB SO* b 5 Dcc 31 Jin 14 Jan 21 Amal Slcel 50* b 14 Dcc 2 Dec 16 Jan 15 Aniah Hldgs 50* b 6 Dcc 9 Dcc 23 Jan 17 Bedford 50* F 2.5 Nov 3 Nov 17 Dcc
        736 words
      • Article
        Lock icon PT Astra posts 107pc rise in profits, plans 1-for-5 rights
        410 8 AP JAKARTA Indonesia's second largest business. Pr Astra International, yesterday announced a more than 100 per cent increase in its net income for the first eight months of this year. The firm also announced plans to float 48.439.600 new rights
        AP  -  410 words
      • COMPANY BRIEFS
        • Article
          Lock icon First Int'l Computer sees profit rising
          85 8 Bloomberg Business News TAIPEI First International Computer Inc, one of the world's largest manufacturers of computer circuit boards, expects to raise its sales and profit targets for the 1993 calendar year, a company spokesman said yesterday. The increase will be formalised next week, he
          Bloomberg Business News  -  85 words
        • Article
          Lock icon NEC posts interim loss of 9.33b yen
          104 8 Knight-Ridder TOKYO NEC Corp said yesterday it suffered a consolidated net loss of 9.33 billion yen (SSI32 million) in the April-September first half of fiscal 1993, a turnaround from a net profit of 4.25 billion yen a year ago. Kyodo News Service reported.
          Knight-Ridder  -  104 words
        • Article
          Lock icon Japan firms submit supercomputer bid
          89 8 Bloomberg Business News TOKYO Nine companies have submitted their bids to a supercomputer procurement project by Angstrom Technology Research Organisation, an affiliate of the Ministry of International Trade and Industry, the Nihon Keizai newspaper said yesterday. That's the largest number of companies to submit bids
          Bloomberg Business News  -  89 words
      • Article
        Lock icon Wholesaler drops legal action against Coles Myer, QIW
        258 8 Bloomberg Business News MELBOURNE Independent grocery wholesaler Davids Holdings Pty Ltd has discontinued all court action against giant retailer Coles Myer Ltd and directors of grocery wholesaler QIW Ltd, Coles Myer said. Davids Holdings, which is part of a merger plan with
        Bloomberg Business News  -  258 words
      • Article
        Lock icon Viacom extends tender offer for Paramount
        287 8 Bloomberg Business News NEW YORK Viacom said it has extended the expiration date of its tender offer for 51 per cent of the common stock of Paramount Communications to midnight EST today. Viacom also said that upon confirmation of the hearing schedule for the
        Bloomberg Business News  -  287 words
      • Article, Illustration
        Lock icon On course for new bourse
        73 8 AFP MANILA Workers hurrying to finish constructing the new building that will house the Makati Stock Exchange in Manila's financial district. The rival Manila Stock Exchange moved to a new building early this year in a suburb across town. The Philippines' feuding bourses were scheduled
        AFP  -  73 words
      • Article
        Lock icon Rhone-Poulenc's privatisation attracts massive response
        398 8 AFP PARIS French Economy Minister Edmond Alphandery said yesterday that in view of the massive public response to the privatisation of the chemical and pharmaceutical group Rhone-Poulenc. the maximum individual orders had been cut from 60 to 16 shares. However, private investors who took part
        AFP  -  398 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        569 8 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurone Port Batam Soe«d4 ****** P01A 26 11 2200 2711/0100 Aetna 1 111 alongside 27.11/0600 Batamodo 1 1430P* P04 27.11,1800 2811/0600 Batam Bahagia 11/06/93 il2 alongside 27.11/2300 Cahaya Teran 008* P01A 27 11/1230 28.11 0600
        569 words
      • Article
        CONTAINER SCHEDULES
        1539 8 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy No Containers avaiabte Ship Voy No Containers available Bo M Tomas 31CW93 COO(EST) 26-1193 1500 C» Vc»or» EF352 COO(tST) *****3 2300 Nor Swga 9342 1 COO(EST) 26.1193 1500 laru Bhum 100N
        1,539 words
    • FINANCE
      • Article
        Write off dud loans, Japan's banks urged
        602 9  -  Finance Minister's comments spark new Nikkei plunge From Anthony Rowley in TOKYO JAPANESE Finance Minister Flirohisa Fujii yesterday urged banks to write off more non-performing loans "in order to secure stability of Japan's financial system". But, speaking after a cabinet meeting, he offered
        602 words
      • Article
        Lock icon Trust banks' interim earnings slump, bad debts mount
        450 9 Bloomberg Business News TOKYO Japan's seven trust banks and three long-term banks have reported dramatically lower half-year earnings and mounting bad debt problems on their balance sheets. Nippon Trust Bank reported a fall of 47.12 per cent in current profit to 1.434
        Bloomberg Business News  -  450 words
      • Article
        Lock icon Thai firm to complete sale of 1b baht Asian Currency Notes
        158 9 Bloomberg Business News BANGKOK The Industrial Finance Corp of Thailand (IFCT) will complete the firstever sale of new debt instruments called Asian Currency Notes on Dec 2 in conjunction with Lehman Brothers Asia, said IFCT president Aswin Kongsiri. The
        Bloomberg Business News  -  158 words
      • Article
        Citibank opens its China headquarters in Shanghai
        182 9  -  By Shiv Taneja SINGAPORE United States giant Citibank officially opened its China country corporate office in Shanghai yesterday. The bank the first from the US to open in China back in 1902 has a bigger operating base there than any other American bank.
        182 words
      • Article
        Thai second-tier banks win better rates for offshore debt
        310 9  -  By Quak Hiang Whai SINGAPORE Thailand's second-tier banks are getting better borrowing rates in the offshore market, debt newsletter Basis Points reported. The improving pricing was attributed to the increasing familiarity of the Thai banks in the offshore market and their
        310 words
      • Article
        Lock icon Taiwan bank boss denies improper lending
        200 9 Reuter TAIPEI The president of the state-run Bank of Taiwan, the island's biggest commercial bank, yesterday denied allegations in a lawsuit that he improperly granted favours when his bank extended a NTS6O million (553.5 million) loan. Pu Cheng-ming said the allegations were ridiculous and
        Reuter  -  200 words
      • SMALL CHANGE
        • Article
          Lock icon Japan post wants ATM link with banks
          100 9 Bloomberg Business News TOKYO Japan's Ministry of Post and Telecommunications will ask banks and consumer credit companies to connect post offices' automatic teller machines with theirs during the fiscal year to start April 1995, the Nihon Keizai newspaper said. However, banks are reluctant
          Bloomberg Business News  -  100 words
        • Article
          Lock icon HK home mortgage lending drops
          90 9 KnightRidder HONGKONG Residential mortgage lending in Hongkong fell slightly in October after stricter loan policies were introduced by local banks in August, the Hongkong Monetary Authority said. The total amount of outstanding loans fell 0.1 per cent in October, according to a monthly Hongkong Monetary
          Knight- Ridder  -  90 words
        • Article
          Lock icon ICBC to sell 15b yen of samurai bonds
          89 9 Bloomberg Business News TOKYO Industrial and Commercial Bank of China, China's largest commercial bank, will sell 15 billion yen (SS2I9 million) worth of five-year samurai bonds next week, said an official at Daiwa Securities in Tokyo. Daiwa Securities is underwriting the transaction,
          Bloomberg Business News  -  89 words
        • Article
          Lock icon ABN Amro to restructure units
          75 9 Bloomberg Business News AMSTERDAM Dutch banking giant ABN Amro Bank NV is to merge the administrative activities of IDM Bank NV, Finata Bank NV and Interbank NV into one holding company. In a statement to the Amsterdam Stock Exchange, ABN Amro said the boards of
          Bloomberg Business News  -  75 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Iran blames North Sea over-pumping for oil slump
        256 10 Reuter LONDON Iranian Oil Minister Gholamreza Aqazadeh has said over-production of North Sea oil is the most significant factor pushing down oil prices. Mr Aqazadeh said in an interview on Thursday with Iranian radio, monitored by the British Broadcasting Corporation, that this
        Reuter  -  256 words
      • Article
        Lock icon Ivory Coast to reduce cocoa output
        136 10 Reuter GUAYAQUIL, Ecuador The Ivory Coast, the largest cocoa producer in the world, expects to produce about 640,000 -tonnes of the bean during the 1993-94 cocoa year and even less next year, the country's cocoa representative said. "It will be reduced," Clement Kouame Goli
        Reuter  -  136 words
      • Article, Illustration
        Bullish outlook for greenback
        447 10 DBS Weekly Currency Review US$/DM: Tedious climb The greenback continued its climb to 1.7188 last Friday before correcting its recent gains to 1.6960 on Tuesday. Thereafter, it resumed its climb to touch a high of 1.7093 on Thursday. The technical picture remains bullish with upside resistance
        447 words
      • Article
        Lock icon Brazilian traders ridicule pact on cocoa output
        404 10 Reuter RIO DE JANEIRO An agreement under which members of the Cocoa Producers' Alliance had agreed to limit their annual cocoa production had no future and would not work, Brazilian cocoa traders said. CPA members, including Brazil, agreed on Wednesday in Guayaquil, Ecuador,
        Reuter  -  404 words
      • Article
        Lock icon China's gold use to be lower in 1994 — UBS
        302 10 China's gold use to be lower in 1994 UBS Reuter LONDON Chinese gold consumption could be 275 tonnes in 1994, 100 tonnes below the record set in 1992, according to Union Bank of Switzerland (ÜBS). Its latest Precious Metals Outlook said domestic gold jewellery sales in China have fallen, but
        Reuter  -  302 words
      • Article
        Lock icon Producers, consumers at odds on changes to rubber marketing pact
        197 10 Reuter KUALA LUMPUR Producers outlined several key changes they are seeking to the International Natural Rubber Agreement, a move they say would ensure the pact remained relevant in the future. Delegates to the lnra preparatory committee meeting, which got off
        Reuter  -  197 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        110 10 THE US dollar kept firm against most major currencies in tight range trade, with participants squaring positions for the weekend. A weaker Nikkei index encouraged some purchases of US dollars against yen. The US dollar/Singapore dollar moved higher during the day on the back of
        110 words
      • Article
        Lock icon London
        185 10 Reuter LONDON The dollar yesterday was trading close to the day's highs towards the end of the European session. Yesterday's main action came after comments by Bundesbank president Hans Tietmeyer that German rates would only be cut further if its actions did not endanger the mark, which saw the
        Reuter  -  185 words
      • Article, Illustration
        Untitled
        1583 10 Trade-weighted index calculated attaint S pore i lop 14 trading partners Base year: I9S! US$/S$ forward rates Noon Nov 26 s$ EM Offer 1-month 1.5973 1.5998 2-month I 5966 1.5981 3-month 1.5959 1.5974 6-month 1.5950 1.5970 Source OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES At at ltaai nNm2I: Singapore dollars
        1,583 words
      • Article
        Crude oil prices await US reaction to Opec decision
        184 10 RlAAfAfMVrf ENERGY REP0R1 LONDON Crude oil futures prices in London were basically stable yesterday after Thursday's plunge, which followed Opcc's decision not to cut output. Traders were content to trade within a narrow range and await US reaction to the Opec
        184 words
      • Article
        Lock icon New York
        92 10 AFP NEW YORK The dollar rose slightly against major currencies here early yesterday, boosted by a sagging German mark in European markets. At about 9.30 am (1430 GMT), the dollar was trading at DM1.7120, up from 1.7110 several hours earlier in London, and at 1.7040 late Wednesday in
        AFP  -  92 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen futures up on Nikkei weakness
        1341 11 SIMEX REPORT Reuter SINGAPORE The Bank Of Japan's (BOJ) tighter grip on the money market yesterday failed to dampen Euroyen bullishness and Euroyen futures on the Simex continued to spiral up on steady buying. dealers said. The key September eontraet opened at 98.08 against
        Reuter  -  1,341 words
      • Article
        KL tin rebounds five sen
        601 11 COMMODITY REPORTS Tin TIN price on the Kuala Lumpur Tin Market closed five sen higher to MSI 1.65 per kg yesterday after some buying interest from local and European traders. The local market took its cue from the higher overnight London Metal Exchange which saw
        601 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Japan's raw cotton imports fall
          117 11 TOKYO Japan's imports of raw cotton fell 18.2 per cent in October from a year earlier, and also fell from September, according to data released yesterday by the Ministry of Finance. Customs-cleared imports of wool rose 11.1 per cent in October from a year before,
          117 words
        • Article
          Egypt to seek palm stearin offers
          49 11 KUALA LUMPUR Egypt will be seeking offers on Wednesday to buy 10.000 to 15.000 tonnes of last-half February RBD palm stearin, traders said. They also said Egypt would call for offers on Dec 7 to buy 10.000 tonnes of February RBD palm oil.
          49 words
        • Article
          Mercury Asset to launch new trust
          119 11 LONDON Mercury Asset Management, a leading UK fund manager, said yesterday it was launching a new investment trust aimed at taking advantage of the low level of base metal prices. The trust, named the Mercury World Mining Trust pic. "will be the only existing
          119 words
        • Article
          Crude imports down 5.4 per cent
          84 11 TOKYO Japan imported a total of 20.119.443 kilolitres of crude oil in October, down 5.4 per cent from a year ago. the Ministry' of International Trade and Industry reported yesterday. In October, the United Arab Emirates led other crude exporters, selling 5.1 million kilolitres
          84 words
    • Article
      COMMODITY PRICES
      1584 11 Rubber MS Commodity Exchange (fvturw closing as at l*m) tSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Dec 93 000 OOO 128.00 0 0 Jan 94 0.00 0.00 129.25 0 2.825 Feb 130.50 130.25 130.50 200 3.475 Mar 0.00 0.00 131.75 0
      1,584 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1207 12 1.1 IHE Australian share market closed almost steady sold oft its highs by a pessimistic futures market. "We could see a lot of arbitrage in the late morning, which dragged the market down." said a broker. The All Ordinaries Index finished 1.1 points up at 2043.1. It hit a
        1,207 words
      • Article
        Seoul
        419 12 -8.29 STOCKS slipped further across the board in early afternoon despite some buying interest cen- tred on low priced counters, brokers said. "The 8(X) mark is the immediate psychological floor." said a broker at Hyundai Securities. Brokers said rotational buying had switched to low priced counters but saw the
        419 words
      • Article
        New Zealand
        255 12 -2.11 THE New Zealand Share Market had a quiet close in a day of light volume and little activity, brokers said. The Top-40 Capital Index finished 2.11 points lower at 2.058.20. Volume was worth NZS23 million. Broker Matthew Rose at Hendry Hay Mcintosh said the day's trading was
        255 words
      • Article
        Bombay
        92 12 155.62 BOMBAY shares rose further in evening kerb deals but brokers said prices were straining at the leash as a mild bout ot profittaking was widely anticipated. During the official trading session, share prices had surged to a 14-month high and the Bombay Stock Exchange (BSE) 30-share index rose
        92 words
      • Article
        Manila
        546 12 +24.98 SHARE prices rebounded after a three-day slide on the strength of selected blue chips although sec-ond-liners were hit by profit-tak-ing. dealers said. The Manila Composite Index rose nearly 25 points and Makati by six points. The Manila index ended 24.98 points higher at 2.375.59 while Makati firmed 6.34
        546 words
      • Article
        Taipei
        601 12 -34.53 STOCKS closed lower on a late wave of selling as investors were cautious ahead of today's local government elections, brokers said. The weighted index moved narrow Iv for most of the session but ended 34.53 points down at 4.163.99. off an early high of 4.215.58. in modest turnover
        601 words
    • WORLD STOCK MARKETS
      • Article
        Untitled
        837 12 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit 38 MOO 38 6500 Mim Jerses Gill 0 1*93 0 1992 Mim Max Income I 0600 I 1000 CSS Cash Income Plus Fund 10 5MB II 1100 PS Reserve Fund 5 2200 5 2300 Sterling Fquit) Euro Performance 0.4592 0 4938
        837 words
      • Article
        London
        652 12 18.3 UK stocks closed higher on a forecast of slower economic growth next year from the Confederation of British Industry, which raised hopes of another cut in UK interest rates in the near future. The FTSE 100 Index of leading British stocks closed 18.3 points higher at 3,111.4. Leading
        652 words
      • Article
        Paris
        203 12 +2.22 The French CAC 40 index of blue chip stocks closed little changed, with most of the action in Rhone-Pou-lenc's shares on Day One of the chemical giant's life as a private company, traders said. The French state was selling to the public its 43 per cent remaining stake
        203 words
      • Article
        Frankfurt
        151 12 -0.47 Germans stocks lost ground in official bourse trading after firming slightly earlier. The DAX index of 30 leading shares closed at 2.047.24. off just 0.47 point. Frankfurt No* 26 DM An 16) 20 i 10 B*sr 26<no i so BMW ***** -450 B-ivcr 32* 60 Bayer Vereinsbank 538
        151 words
      • Article
        Brussels
        160 12 -3.72 Belgian stocks closed down slightly with very little trading as the first general strike for more than 50 years gripped the country, traders said. The strike was in protest at government austerity plans. The Bcl-20 closed down 3.72 index points at 1.392.17. About 212.750 shares changed hands. Generale
        160 words
      • Article
        Milan
        152 12 1.24pc Share prices ended higher after a shaky start, continuing a technical rally which began on Thursday. Early dips were quickly wiped out as the market gathered momentum, underpinned by positive performances on other European markets, traders said. The Mibtel index ended up 1.24 per cent at day's high
        152 words
      • Article
        Amsterdam
        265 12 1.93 Dutch stocks closed higher as investors were hopeful that central banks in Germany and the Netherlands will cut interest rates next week, traders said. The higher dollar and lack of selling interest also pushed prices higher. The EOE index of 24 leading Dutch stocks gained 1.93 points to
        265 words
      • Article
        Zurich
        246 12 +8.95 Swiss shares closcd firmer after a moderately activc session. Dealers said the market was still in a consolidation phase, hut sentiment was positive as optimism was growing that interest rates had not yet found a floor. Most-active ("S Holding bearers added 85 francs to 3.540. The SMI index
        246 words
      • Article
        Johannesburg
        319 12 13 Industrial shares took the lead in supporting the market in afternoon trade after gold shares got mild jitters ahead of the weekend, dealers said. But they said gold remained inside recent ranges and remained hopeful that the metal would test and break resistance in a run through USS3BO
        319 words
      • Article
        Toronto
        320 12 -0.8 Stocks were fiat in early trading yesterday, but dealers saw market gains later on the strength of bank stocks and recovering energy issues. The TSE 300 composite index was down 0.80 points to 4.228.40 in early trade of 8.10 million shares valued at C 590.81 million. Declining issues
        320 words
      • Article
        New York
        776 12 -7.55 The Dow Jones industrial average, which climbed 13.41 points on Wednesday. was down 7.55 points to 3,680.03 at 11 am EST yesterday. The key barometer was ahead 8 points shortly after the market opened. The Dow's three oil components were down sharply. Chevron was down 3-3/4 to
        776 words
    • Article, Illustration
      Lock icon HONGKONG
      2837 13 Reuter HONGKONG Stocks ended slightly lower yesterday after a day of seesaw trading as institutional profit-taking outweighed scattered bargain hunting, brokers said. The blue chip Hang Seng Index slipped 11.89 points, or 0.13 per cent, to close the week at 9,274.42. It was 75 points ahead at one stage
      Reuter; Source: Bridge Info  -  2,837 words
    • Article, Illustration
      CHINA
      434 13 BOTH Shanghai and Shenzhen B markets continued to consolidate on thin trading yesterday. The CLSA Shanghai B Index eased 9.73 points to end at 926.70. Refrigerator and China TM were the worst performers, dropping 12.2 per cent and 10.3 per cent respectively. In Shenzhen, the CLSA B Index lost
      434 words
    • Article, Illustration
      Lock icon TOKYO
      2485 13 Reuter TOKYO Stocks ended sharply down yesterday on investors' despair over the poor economic outlook, underlined by an array of bad corporate earnings, brokers said. The lack of government initiative to give a helping hand further depressed sentiment, they said. The benchmark Nikkei 225 average closed down 496.55 points,
      Reuter; Source: Bridge Info  -  2,485 words
    • Article, Illustration
      Lock icon BANGKOK
      1683 13 Reuter BANGKOK Shares moved in a tight range in a quiet session, brokers said. The SET index closed 0.31 point higher at 1.309.57 after moving between 1.302.51 and 1.314.67 in the dav. Turnover was light at 8.85 billion baht. Declines led advances 146 to 106 with 91 stocks unchanged.
      Reuter; Source: Bridge Info  -  1,683 words
    • Article, Illustration
      Lock icon JAKARTA
      1114 13 Reuter JAKARTA Share prices closed mixed in moderate trading. with foreign investors staying sidelined, brokers said. The Composite Index fell 1.78 points to 522.42. Barito Pacific fell 250 rupiah to 12.500. United Tractor rose 500 rupiah to 24.000 and remained well supported on better prospects from the construction industry,
      Reuter; Source: Bridge Info  -  1,114 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2728 14 Source: Bridge Info Source: Bridge Info Or Or Um \»l Da> UM gvotr Di* Di» > W Nel M Cip High La* < ompam Sal* 000) High Lo« Bluer Setter C\r N P/E $mil MALAYSIAN STOCKS os MSB .MX 170 i'd 170 I*) 5.0 08 09 1417 174
      Source: Bridge Info  -  2,728 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Prices end firmer on active trading
        5775 14 Bernama KUALA LUMPUR Share prices closed steadier yesterday on brisk trading in situational stocks and Tenaga Nasional-led bargain-hunting activity. The Emas Index firmed 2.04 points to 287.72 from Thursday's close and the Composite Index recovered 6.03 points to 976.34. The Industrial Index inched up
        Bernama; Source: Bridge Info  -  5,775 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        6771 15 mmtouo > ftwpctta <fct« Ngv26j Gr Cr i N < Lmi ViI Day LtM OMi Dh Dl» YM Net M Ca# High Law j Sal* C«0) High U. Salkf CV P/I Wl H INDUSTRIAL AND COMMERCIAL 1380 260 Aetna 1200 +10 72 1200 1190 1200 1210 12.5 11 0 5T9
        6,771 words
      • Article, Illustration
        Lock icon Shares strengthen despite fall in Tokyo market
        1718 16  -  By R Sivanithy SINGAPORE The market yesterday surprised observers by finishing stronger despite a slump in the Tokyo market. Stock prices here and in Malaysia had moved in tandem with those in the US and Japan for most of the week. With Wall
        Source: Bridge Info  -  1,718 words
      • Article, Illustration
        Lock icon Far East Levingston Shipbuilding
        133 16  -  HOT STOCK By Quak Hiang Whai FAR EAST Levingston Shipbuilding (Fels) made one of the most remarkable recoveries this year. The stock closed at $7.15, down five cents yesterday, having started the year below $3. Fels broke out of resistance at $7.00 this week and could
        Source: Bridge Info  -  133 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      145 6 jj The angels i SS An ancient civilization used to exist in Angkor Wat, the famous capital of the Khmer Empire. 85 It has been out of reach for tourists for decades. Now, people are rediscovering its beauty and mysteries. Swj They are uncovering just what makes this temple one
      145 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      24 7 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To advertise your Appomtments -V m,, I, OT VMODCB3, caß toWfroo 1-600-741-1883 The Strait* Tim— J
      24 words
    • Advertisement
      Page 7 Advertisements Column 2
      27 7 Ow VWe«M \< «|W< siw.cc k 0 OWL. *4(rvL <jUSCMyWOV\S OtfVUjHVC W<rtU\ Cm£*> -Hvt -te> CtrA**d-€-A>wbv/"6*, Ta*AoOr If landoor g*** to pwwwsmg^x** \I,CAA*"WjU (1.0*4 (K**- 01*1. for pie*sr_R.l
      27 words
    • Advertisement
      Page 7 Advertisements Column 3
      19 7 I Trousers I .re/1 Look Good On Yoi/r Bank Balance. TR( )l SI RS 1-K< >M CHARLES JOURDAN Paris
      19 words
Page thumbnail Page 8
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      544 9 IN THE HIGH COURT OF THE REPUBLIC OF SINGAPORE Originating Summons) Number 1147 of 1993) In the Matter of Rothmans Industries Limited And In the Matter of the Companies Act, Chapter 50 SCHEME OF ARRANGEMENT under Section 210 of the Companies Act, Chapter 50 between Rothmans Industries Limited and the
      544 words
    • Advertisement
      Page 9 Advertisements Column 2
      550 9 ROTHMANS INDUSTRIES LIMITED (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of Rothmans Industries Limited (the "Company") will be held at Aerides Room. Level I, Novotel Orchid Singapore. 214 Dunearn Road, Singapore 1129 on 22 December. 1993 at
      550 words
Page thumbnail Page 10
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      341 11 BUSINESS T I_M_E_S_ TOLL-FREE TEL. No. 1-800-741-1883 FAX 741-1298 THE ATLAS ICE COMPANY, BERHAD (Incorporated in Malaysia) LOSS OF CERTIFICATE Notice is hereby given that Stock Certificate No. BS. 48 covering $4,500.00 stock in the name of Tan Peng Kia of 12. Omar Road, Singapore has been reported lost. Notice
      341 words
    • Advertisement
      Page 11 Advertisements Column 2
      31 11 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead feojO fers Bb the most Bp current list o/Job If opportunities
      31 words
Page thumbnail Page 12
Page thumbnail Page 13
  • Page 13 Advertisements
Page thumbnail Page 14
Page thumbnail Page 15
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      383 16 KEEP IN TOUCH AND KEEP .j§«fe gl THIS VIDEOPHONEM^P Yes, when you next call home, you might be able to see your loved ones. That is, A A if you subscribe to The Straits Times Weekly Edition between 20th November v* 1993 to 18th December 1993, for a period of
      383 words
    • Advertisement
      Page 16 Advertisements Column 2
      32 16 MAXIMISE YOUR GAINS C filf I v .s§S' v --*vt '*r Z"• t' 4; Vf-^r;'."v £i? LOOKING DEEPER A probe into current market developments. Hock Lock Siew. Everyday. \woMoit rii Business Times
      32 words
Page thumbnail Page 17
  • ISEAS Trends
    • Article, Illustration
      Striking it rich in the Golden Quadrangle
      1205 17  -  Mya Than looks at the vibrancy of a natural trading market that exists on the South-east Asian mainland Mya Than Dr Mya Than is a Fellow of the Institute of Southeast Asian Studies. THE formation of the Golden Quadrangle. the confluence of four
      1,205 words
    • Article, Illustration
      Taking stock of foreign investments pouring into China
      527 17  -  Wu Chunqiu enumerates the progress of foreign capital in-flows in China Wu Chunqiu Professor Wu Chunqiu is Senior Consultant. International Technology and Economy Institute, the State Council of the People's Republic of China. THE encouragement of foreign and overseas investment has been
      527 words
    • Article
      Lock icon Economy faces severe test
      362 17 Wu Chunqiu SINCE 1992 an economic boom has spread across China. The rapidly growing economy, however, faces a severe test. The central government and some economists have warned about a possible overheating of the economy. Problems began to surface during the spring of this year. The
      Wu Chunqiu  -  362 words
    • Article, Illustration
      The assembly line and humane health care
      1640 18  -  Geraldine Heng looks at the difficult issue Singapore faces in trying to achieve a fine balance between compassion in health care and the principles of the free market that underpin Singapore's prosperity Geraldine Heng The writer is a Singaporean academic. WHEN I was
      1,640 words
    • Article
      After the Cold War, politics still in command
      942 18  -  Denny Roy and Kenneth Christie examine the link between international economic activity and national security Denny Roy,Kenneth Christie Dr Denny Roy and Dr Kenneth Christie are lecturers in the Department of Political Science at the National University of Singapore. WITH the end
      942 words
    • Article
      Vietnamese puzzle: media, market and Marxists
      1119 19  -  Russell Heng looks at the political control of the Vietnamese media amidst the challenge of the free market Russell Heng Russell Heng. a Fellow of I SEAS, is on study leave in Hanoi. A mid-term conference of the Vietnam Communist Party scheduled for December
      1,119 words
    • Article, Illustration
      'Civilianising' the Golkar party
      950 19  -  Michael van Langenberg looks at the preparations for a post-Suharto era in Indonesia Michael van Langenberg Dr Michael van Langenberg is with the University of Sydney, and is currently a Visiting Fellow at I SEAS. THE "governing party" Golkar held its national congress last month. For
      950 words
    • Article, Illustration
      Umno's politics: past and present
      2098 19  -  Shamsul A B identifies the many different strands in the complex web of politics within Malaysia's main political party Shamsul A B Professor Shamsul A B teaches politics and culture at Universiti Kebangsaan Malaysia. AFTER more than 40 years, the body politic of Umno (the
      2,098 words
    • Article, Illustration
      New generation weapons behind China's nuclear test
      1057 20  -  D Banerjee analyses Beijing's nuclear weapons programme and its regional implications D Banerjee Major-General D Banerjee. a serving Indian Army officer, is the Deputy Director of the Institute of Defence Studies and Analyses, Ne* Delhi. CHINA conducted its 39th nuclear test at Lop
      1,057 words
    • Article, Illustration
      India and Asean gravitate towards common ground
      1315 20  -  Converging economic, diplomatic and military interests have changed the nature of India-Asean ties, observes Satu P Limaye Satu P Limaye Dr Satu P Limaye is a Research Fellow at The Japan Institute of International Affairs, Tokyo. DESPITE historical, cultural and geographical links. In-dia-Asean
      1,315 words
    • Article
      Spratly Islands dictates regional security agenda
      263 20 SINCE the March 1988 naval clash between China and Vietnam over the Spratly Islands, the issue has been propelled almost to the top of the South-east Asian security agenda. This is not surprising as the island grouping, strategically located amidst the heavily-trafficked waterway of
      263 words
  • Page 17 Advertisements
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      210 18 j"" 1 —|||q 1 The Institute of Southeast Asian Studies was established as an autonomous organisation in 1968. It is a regional research centre for scholars and other specialists concerned with modern South-east Asia, particularly the many-faceted problems of stability and security, economic development, and political and social change. The
      210 words
Page thumbnail Page 19
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      230 20 C Regional focus of hina as powers PI! HE Institute of Southeast "V I Asian Studies has K H A published an 11-chapter I book on the impact of the end of the Cold War on regional securiJB ty as it relates to the aspirations of the major Asian powers
      230 words
Page thumbnail Page 21
  • Executive Lifestyle
    • Article, Illustration
      The business of goodwill
      1523 21  -  Is the corporate gift a waste of money or an effective marketing tool? Jaime Ee reports Jaime Ee IT USUALLY happens around this time of year. You receive a lovely tall pewter vase, hand-delivered in a pretty package. Open it and you find this shiny and
      1,523 words
    • STRAWS IN THE WIND
      • Article
        Some like it hot
        75 21 SUSHI may be the trendy food of today, but there are still some people who don't know what it is. Sighted at the highly popular sushi counter at Cold Storage Takashimaya was a severe looking woman who studied the sushi and asked aloud: "How to eat
        75 words
      • Article
        Prize number
        92 21 A COLLEAGUE witnessed a hit-and-run accident late one night in a secluded area. She and one other witness rushed to the aid of the injured motorcyclist. While running there, she asked the other witness if he had seen the licence number of the hit-and-run car. Yes, he replied.
        92 words
      • Article
        Time check
        33 21 WHAT's in a name? A lot, especially to the caller who rang our office to ask if we published Time magazine. After all. we are located at Time House, he reckoned.
        33 words
    • OPINIONS
      • Article, Illustration
        You can't be sound in pocket if you're sick at heart
        976 22  -  In the light of the murder of Liverpool toddler James Bulger, Neville Stack says John Major must alert his EC colleagues to the societal rot that must be stopped Neville Stack The writer is a political commentator based in
        976 words
      • Article
        Stop 'restricted zone' thinking
        516 22  -  Ong Yong Hwee says a refined car pooling system and other ideas would be better than present traffic control measures Ong Yong Hwee The writer is a mechanical engineer by training, and a headhunter and business consultant by profession Transportation issues have for years generated a
        516 words
      • Article
        Why no mention of the S'pore Cat?
        619 22  -  LETTERS TO THE EDITOR Mrs Lee B Y YOUR musical reviewer, Ms Jaime Ee, gave an excellent review of Cats' opening night (A night when cats weave magic, BT, Nov 23). She is to be congratulated for having categorically combed through the bevy
        619 words
      • Article
        ER is not largest chips distributor
        287 22  -  Foo Lai Fuan Managing Director Electronic Resources Ltd THE directors of Electronic Resources Ltd (ER) have stated in both the company's prospectus and press release that the ER Group is one of the largest semiconductor distributors in Singapore. As such, they would like to
        287 words
      • Article
        Upjohn's business is pharmaceutical chemicals
        124 22  -  Dr John E Guneyli Marketing Director Asia/Pacific Upjohn Inter-American Corporation Singapore Branch YOUR news reporting on Nov 2 regarding the opening ceremony of the Upjohn Inter-American Corporation. Singapore Branch, contained misleading information. 1. Your statement that UIAS will be involved in the pharmaceutical and chemical
        124 words
      • Article
        CarnaudMetalbox Asia's rights issue unusually packaged, gives no choice
        308 22  -  Denis Distant THE article, "Make sure you know your rights", by R Sivanithy (BT. Nov 20-21) was very timely in view of the rash of rights issues recently. The latest issue is by CarnaudMetalbox Asia Ltd. This issue must be unique
        308 words
    • PROFILE
      • Article, Illustration
        Lock icon Wolf's winning ways
        3541 23  -  Naomi Wolfs first book The Beautv Myth rocked the sisterhood. Now, it looks like her second will spur them on. Feminism's most surprising sister talks to Kate Saunders about power, men, marriage and her provocative new work Kate Saunders The Sunday Times, London THE STARTING point in
        The Sunday Times, London  -  3,541 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS EYE
        • Article, Illustration
          BT SENTIMENT INDEX (NOV 29-DEC 3)
          56 24 Those polled on their views of the Singapore stock market for the week ahead: Alliance Securities, Baring Securities, Crosby Securities, Daiwa Securities, DBS Asset Management, Kay Hian James Capel, Kim Eng Securities, OCBC Securities, Ong <t Company. Peregrine Securities, Phillip Securities, Smith New Court
          56 words
        • Article
          Buy!
          270 24 Daiwa Securities (Nov 26) Vikay. Cost reductions due to the shift of backend production to new China plants, and potential for significant orders from Japanese electronics manufacturers, make this counter very attractive. It is trading on a multiple of 23 times Dec '94 earnings, with a 65 per cent
          270 words
        • Article
          For a punt
          96 24 Alliance Securities (Nov 26) UE Warrant 1998. With share price at $2.38, warrant price at $1.28 and exercise price of the warrant at $2, warrant premium is currently 15.9 per cent. With the company's UE Square project providing the growth in earnings and cashflow, and the expected
          96 words
        • Article, Illustration
          Eye on the region: Malaysia
          142 24 T A Securities Sdn Bhd A strong spike up by Tenaga, lifted the market benchmark, the KLSE-CI, to a record high breaking the 1,000 psychological barrier. The rally was however short-lived due to lack of follow-through purchase, especially among the second and third liners. Daily
          142 words
        • Article, Illustration
          In my opinion...
          200 24  -  Diane Seymour-Williams Managing director Morgan Grenfell Investment Management (Asia) 66 A SIAN stock mar- kets have benefitA ed from international liquidity in recent weeks. In particular, the Hongkong market has been driven higher by US mutual fund buying. Many investors are now addressing the issue of how
          200 words
      • Article, Illustration
        Lock icon Between US bonds and Asian shares
        680 24  -  S N Vasuki explains why the jump in US bond rates is spooking E Asian stock markets S N Vasuki HAS THIS years remarkable bull run on global stock markets run out of steam? Worse, are yield conscious fund managers shuffling their portfolios to
        Source: Datastream  -  680 words
      • Article, Illustration
        Is it time to leave the party?
        594 24  -  By Chew Eng Han The writer is assistant manager of investments with NTUC Income EQUITY markets have had a big party this year, with most bourses running up to record highs. The most potent factor which has powered stocks to dizzying heights liquidity
        594 words
      • Article, Illustration
        Lock icon Will the glamour wear off this year's new stars?
        1153 24 SOME of this year's brightest new stars on the stock market may be next year's has-beens, according to a recent study. While almost all have made sharp price gains (see table), some of the listings are still cheap compared to the
        Source: Asian World Connection  -  1,153 words
      • Article, Illustration
        Buy Electronic Resources for short-term gains
        1031 25  -  By Bernard Chew BUY Electronic Resources shares. The vendors are offering it at bargain-base-ment prices, and if short-term gains are what you're after, ER shares soon to be listed on Singapore's Sesdaq will not disappoint. This is the general sentiment of market analysts surveyed
        1,031 words
      • Article, Illustration
        Policies with high investment yields
        842 25  -  Soh Tiang Keng on the benefits of signing up for an investment-linked cover Soh Tiang Keng FROM October, endowment policies qualified as one of eight approved investments under the Central Provident Fund's Enhanced Investment Scheme (EIS). Since then, insurance companies have unveiled a slew of
        842 words
      • Article
        Play on M'sian building stocks
        655 25  -  Joyce Quek on why attention is turning on these snares Joyce Quek INFRASTRUCTURE plays the very thought of towering skyscrapers, global villages, airports and superhighways excite investors with their billion-dollar budgets and, hopefully, multi-million-dollar margins. Some interesting Malaysian plays, specifically the beneficiaries of Malaysia's infrastructure
        655 words
    • Article, Illustration
      Gastronomy for young lovers
      589 26  -  Cinema Review By SUSAN TSANG KNOWING that Like Water For Chocolate is the film version of a Latin American novel can create a strange feeling of anticipation. One wonders how weird scenes of magic realism translate from the abstraction of words into celluloid having the strange
      589 words
    • Article, Illustration
      Twin temptations
      603 26  -  By SHAHIRON SAHARI AFTER the forgettable Give Me A Break earlier this year, Michael J Fox returns with For Love Or Money, a pleasant and inoffensive way to spend 90 minutes of one's time. This time round, Fox plays a smart and sassy character who's clearly cut out
      603 words
    • Article, Illustration
      Lock icon Once upon a time
      906 26  -  Longing for a change of scene? Jaime Ee recommends a trip to the past at Clarke Quay, while Susan fsang checks out Bishan's new cineplex Jaime Ee IT WAS A dark and stormy day. I dislike dark and stormy days, especially at this time of the
      Photos by Chris Loh  -  906 words
    • Article, Illustration
      A master made affordable
      827 26  -  Tnhiiiiliwi txiMDfuons By GOH BENG CHOO AS AN artist's paintings get more expensive, the people who can afford them get fewer. Yet lovers of paintings by Wu Guanzhong need not despair. The resourceful people of China had, 1,000 years ago, invented water colour woodblock printing to
      827 words
    • Article, Illustration
      Now showing at Bishan
      437 27 Singaporeans think of shopping as a national pastime; Singaporeans also watch more movies on average than anyone else in the world. Now, Singaporeans have a brand new playground in which to indulge their twin passions. Some of the novelty may have worn off Yishun 10, with
      437 words
    • SPORTS
      • Article, Illustration
        Lock icon Housewife's potion cures Norman's ills
        361 28 Australian Open Golf Reuter MELBOURNE An oldfashioned potion supplied by a Darwin woman put new life into British Open champion Greg Norman yesterday and kept him in the Australian Open. Norman had been laid low for most of the week by an influenza virus, and
        Reuter  -  361 words
      • Article, Illustration
        Lock icon Yes... he's out!
        57 28 AFP CALCUTIA, India West Indies bowler A C Cummings erupting in joy after his seeond > ictim in Sri 'l'ilakratne in the semi-final match of the Hero Cup cricket tournament here on Wednesday. Hot favourites West Indies set up the final of the Hero Cup title clash
        AFP  -  57 words
      • SPORT SHORTS
        • Article, Illustration
          Lock icon American Football
          18 28 Reuter NEW YORK Results of NFL Thursday: Chicago 10 Detroit 6 Miami 16 Dallas 14.— Reuter
          Reuter  -  18 words
        • Article, Illustration
          Lock icon Athletics
          112 28 AFP WASHINGTON Olympic 10,000 m bronze medallist Lynn Jennings plans to challenge China's world-record distance runners without trying to match their unprecedented training efforts. Accusations of drug use were refuted by Chinese officials, who said the astonishing efforts came from a special diet and hard training, including running up
          AFP  -  112 words
        • Article, Illustration
          Lock icon Golf
          341 28 AP Reuter Reuter lON DON Bern hard Gallacher. whose team lost to the US in 1991 and 1993. said on Thursday he would return for a third term as Europe's Ryder Cup captain. The Scotsman had previously indicated he wasn't interested in returning. But he changed his mind in
          AP; Reuter  -  341 words
        • Article, Illustration
          Lock icon Ice hockey
          16 28 Reuter NEW YORK Result of NHL game Thursday: Quebec 8 Los Angeles 6. Reuter
          Reuter  -  16 words
        • Article, Illustration
          Lock icon Soccer
          100 28 AP TOKYO AC Milan of Italy will face Sao Paulo FC of Brazil in the Toyota European-South American Cup to decide this year's top soccer club. The annual match, scheduled for Dec 12 here, normally brings together the winners of the South American Copa Libertadores and the European Cup
          AP  -  100 words
      • Article
        Lock icon Black day looms for England as they face All Blacks
        482 28 Reuter LONDON Despite lingering doubts about the fitness of goalkieker Matthew Cooper. New Zealand are confident they hold all the aces ahead of today's sell-out rugby union test against England at Twickenham. Ten wins out of 10 on tour, a
        Reuter  -  482 words
    • PEOPLE
      • Article, Illustration
        Lock icon The President's course
        227 28 A KEEN golfer, he took a personal interest in its design and also supervised part of its construction. Last month. President Ong Tcng Cheong ofTicially opened the Orchid Country Club's Aranda Course. Together with 40 invited guests, they teed ofT in the early evening and ended their
        Photos by Arthur Lee  -  227 words
    • TIME OFF
      • Article, Illustration
        Lock icon Close encounters of the shocking kind
        721 29  -  Shahiron Sahari makes a journey into the future to the first space-age discotheque in Asia Shahiron Sahari YOU MAY have seen him in your neck of the woods a tall and silvery' robot with a retinue of helpers handing out brochures and publicity newspapers.
        Picture by Arthur Lee  -  721 words
      • Article
        PERFORMANCES
        287 29 My Darling Will A one-woman show starring Aki Isoda. This Japanese play reflects Shakespeare's relationship with the enigmatic Rosaline in Cheapside. London. English subtitles provided. Till tomorrow, Bpm at the Jubilee Hall, Raffles Hotel. Tickets at $15. $25 and $35 available from all Sistic outlets. The Dining Room An
        287 words
      • Article, Illustration
        CONCERTS
        710 29 Soiree '93 Light classical and popular music will be performed by the NUS harmonica band conducted by Ho Chong Wing. Today. spm at the Singapore Conference Hall. Tickets at 55 available from the Centre for the Arts. SSO Concerts The SSO under the baton of Choo Hoey. will feature
        710 words
      • Article
        FILMS
        88 29 The Blue Planet Produced with Nasa's help, this film takes you on a trip to space where the Earth seems suspended in a limitless void. We see how natural catastrophes have devastated life here. Too bad Man is intent on contributing to the destruction. I lam. 12pm. 2pm. 4pm.
        88 words
      • Article
        EXHIBITIONS AND TALKS
        584 29 Works of Cecilia Vanderbeek Although a paraplegic and confined to a wheelchair, this has not stopped the Belgian artist from doing what she likes best painting. Still-life, nudes, landscapes and portraits will be highlighted at this exhibition. Dec 2 to 13. at the Marina Mandarin Admission is
        584 words
      • Article
        AT THE SUBSTATION
        269 29 Wonders of Nature The beauty of nature is captured in this exhibition. Flowers, insects and wildlife form the theme of Johnny Tay's first solo exhibition. Tomorrow. 1 lam to 9pm at the Gallery. Story Story Night The Hwa Chong JC Alumni Chinese Society will perform this original
        269 words
      • Article
        TICKETS
        99 29  -  Compiled by Christopher Toh Les Miserable* Produced by Cameron Mackintosh, Victor Hugo's masterpiece comes alive in Singapore Feb 4 to Apr 17. Group and special bookings can be made at special prices. Counter sales at all Sistic outlets. Tickets from $35 to $140. Call Stephanie: 294-0708 Sistic outlets are
        99 words
    • EPICURE
      • Article, Illustration
        The Ducasse experience
        638 30  -  Bon Appetit By SUSAN TSANG LATELY, local diners have been spoilt for choice as various French chefs have been hitting town, each with their special promotion. The latest and the biggest hit among them is Alain Ducasse. The youngest chef to be awarded the maximum three Michelin
        638 words
      • Article, Illustration
        Satisfying the senses
        532 30  -  By NIRMAL GHOSH CASHMIR is confusing. We thought it meant Kashmir, and went to the new restaurant slavering at the thought of authentic Kashmiri food: tender meat dumplings slow-cooked in milk, red-hot curries, and kahwa, the übiquitous tea of that place of cool lakes and icy mountains.
        532 words
      • Article, Illustration
        Francois Faiveley's formula for success
        769 30  -  Wine By N K YONG FRANCOIS Faiveley looks more like a scholarly academic than a wine maker par excellence. Tall, lanky and tousle-haired, this youthful-looking and bespectacled Frenchman has been running his family wine property in Nuits-Saint-George since 1976 with great passion and commitment. As
        769 words
    • Article, Illustration
      CINEMA
      1075 32 Another Stakeout Cops Richard Dreyfuss and Emilio Estevez continue their put-down routine. Cathay 2: 11; 1.30; 4; 6.45; 9.15. Broadway 2: 1; 3.30; 7; 9.15. Pavilion 12.30; 2.45; 5; 7.15; 9.30 Marina 1: 1; 3.30; 7; 9.15. Empress 3; 11; 1.15; 3.30; 7; 9.15. Yishun 9.50; 12.10; 2.30; 4.50;
      1,075 words
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      323 21 I Jk H^HIsIAI as many as 8 out of 10 function automaticaUy». >£pß||^BK| [TAKASHIMAYA I shopping centre lat the the Power Reserve, inspection and advice. age of fifteen, Abraham-Louis J the Manne Chrono- 3 Since its inception Breguet began his apprentice- ra^ i e yean ago, The Hour Glass has
      323 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      25 22 o o o Q o LEAD BY EXAMPLE For some of the best examples of good management. Enterprise Management. Every Monday. SINGAPORE r| 1 BusinessTimcs
      25 words
    • Advertisement
      Page 22 Advertisements Column 2
      48 22 C •BT welcomes r J tetters from you. S s Please address them r S to: The Editor. Business Times, C f 390 Kim Seng Rd, 1 J S pore 0923. Letters C r should include your J contact numbers, j Doonesbury and Bristow are on Page 3
      48 words
Page thumbnail Page 23
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      27 24 FANTASY WATERBEDS PTE LTD 15 Enggor Street (off Anson Rd) #01-03 Realty Centre Singapore 0207 Tel: 226 1055 Fax: 226 1054 Mon-Sat: 11am-Bpm. Sun Public Holidays: Ipm-7pm.
      27 words
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      104 25 M* y- -4^y»' It's called the Regional Currency Unit. And basically, it's a deposit that branches out into three Asian currencies. So if one currency doesn't grow as rapidly as you like, the other two will buffer your investmentswhileyou watch yourmoney grow through higher interest rates and capital appreciation. To
      104 words
Page thumbnail Page 26
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      224 27 <7T/ *****1#^ will be our bijoux in the crown of V all pre-Christmas shopping events in Singapore. 43% Olf you could only attend one out of all the wonderful events we've organised this year, you'd have to t pick our very exclusive Christmas Jewels* Fair. Jewellery and precious stones are
      224 words
Page thumbnail Page 28
  • Page 28 Advertisements
    • Advertisement
      Page 28 Advertisements Column 1
      92 28 ADVERTISEMENT BusinessTimes/KENWOOD GOLFING TIPS By BRETT BRASIER PROFESSIONAL GOLFER ■■k Fully Qualified Member Of 5.P.G.A.S Dip in Golf Management 9B| -faultyalignment is nearly always H\e W shots and a club .1 I C ~A CORRECT ii J| CJ J g Ok then before HI I j you fiddle' j check
      92 words
Page thumbnail Page 29
  • Page 29 Advertisements
    • Advertisement
      Page 29 Advertisements Column 1
      31 29 MRH Name: Address: Spore HjUUJUtjyUIUK Tel: (Res) (Office) Mail/Fax/Telephone Customer Relations Section Circulation Department 1 Singapore Press Holdings Ltd, 82 Genting Lane f Singapore 1334. Tel: 1800-*****77 Pax *****75 4 _J
      31 words
Page thumbnail Page 30
  • Page 30 Advertisements
    • Advertisement
      Page 30 Advertisements Column 1
      254 30 GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide rar.ge of authentic Italian pasta, pizzas, ice-cream, cappuccino and of course don't miss our most-talked about dessert, Tiramisu. PASTA FRESCA DA SALVATORE PTE LTD BLK 833 #01-03 ROYAL VH.LE BUKIT TIMAH ROAD SINGAPORE 1027 TEL 469 4920.
      254 words
Page thumbnail Page 31
  • Page 31 Advertisements
    • Advertisement
      Page 31 Advertisements Column 1
      995 31 Business l imes. Weekend Edition, November 27-28 1993 Nothing Beats A BucL Biiiyfl where w| ne, dine and entertain OF Our weekend tea is so satisfying, people sometimes break into song. C hoose from an astonishing variety of savoury and sweet I favourites. And if that's not enough, our tea
      995 words
    • Advertisement
      Page 31 Advertisements Column 2
      323 31 Delectable Yoag Dou Fu Buffet at t«» Chatterbox every Saturday and Sunday. 12.30 pm to 5 pm $14.50 per person $8.50++ per child (below 10 yrs) Mezzarwie Sumptuous Continental fc Local Afternoon "~rr Tea spread at Mezzanine Lounge. Daily. 2 pm to 6 pm $16.00 per person $10.00++ per child
      323 words
Page thumbnail Page 32
  • Page 32 Miscellaneous
    • Miscellaneous
      Page 32 Miscellaneous Column 1
      2407 32 TODAY'S TV hebbis HmmB > iSSSS^ n-3® ak n»gi. f nn News. Titian Serambut Dibeiah Tujuh, China's Mosts, 9am, SBC 8 [JHH 12.15 Pendidikan <M > 3.30pm, SBC 5 Read the longest piece of 2 oo Drama p"»han (M) Ibrahim arrives at graphy in China, take time 300 Rampai KenyaUng
      2,407 words