The Business Times, 10 June 1995
1995-06-10
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The Business Times
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Title Section13 1995-06-10 1 BUSINESS TIMES WE KNOW ASIA MITA(P) 194/12/94 Weekend Edition, June 10-11 1995 85*13 words
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725 1995-06-10 1 Ho Kay Tat - Lukewarm Thai response and scepticism of shipping industry cast doubt on project's viability Frtm Ho Kay Tat In KUALA LUMPUR INFRASTRUCTURE-related Sikap group has teamed up with Japanese and Thai partners to spearhead the construction of a 190 km oil pipeline and landbridge linking725 words
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Article, Illustration587 1995-06-10 1 Anthony Rowley - frm Anthony Rowley in TOKYO FEARS of an imminent crisis in Japan's financial system sent the Tokyo stock market crashing yesterday to its lowest level in 34 months as former Bank of Japan governor Yasushi Mieno warned that the possibleSource: Bridge Info - 587 words
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147 1995-06-10 1 AP WASHINGTON US wholesale prices were unchanged last month for the second time in three months as the cost of both food and energy fell while other prices advanced only moderately. The Labour Department's Producer Price Index had shot up 0.5 per cent inAP - 147 words
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454 1995-06-10 1 Chuang Peck Ming - By Chuang Peck Ming SINGAPORE Annual growth in the booming manufacturing sector will ease in line with economic growth of 6 to 8 per cent in the coming years, Trade and Industry Minister Yeo Cheow Tong has told Singapore Business. The sector's blistering growth454 words
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105 1995-06-10 1 Starting today is a new BT Lifestyle competition which will put golf lovers on the fairway to heaven. Entrants have to identify jigsaw pictures of six of the world's golf maestros. They also are asked to describe the most memorable golfing hole they have played105 words
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171 1995-06-10 1 R Sivanithy - By R Sivanithy SINGAPORE All the region's stock markets dipped yesterday as investors turned cautious ahead of the release of the US producer price index last night, which will be scrutinised for clues on the health of the economy and the direction of interest rates.171 words
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2am LATEST
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Article63 1995-06-10 1 Reuter NEW YORK Stocks fell sharply yesterday as investors took profits and expressed concern about a slew of economic reports due next week. The Dow Jones Industrial Average tumbled 58.79 points to 4,407.73 just after 1 pm EDT. In the broader market, declines led advancesReuter - 63 words
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Article110 1995-06-10 1 Reuter GENEVA The United States signalled yesterday that it recognised car dispute talks with Japan next week could achieve little headway by appointing a low-key delegation after Tokyo indicated it would send a strong team. At the same time, although the US said the EuropeanReuter - 110 words
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Article164 1995-06-10 1 Stock Market Men Friday Change STII 2,160.44 -15.04 KLSEComp 1,054.36 -6.83 Nikkei 15,044.18 -398.12 Han* Seng 9,267.62 -25.16 SETlndex 1,394.50 -2.29 Jakarta Comp 491.75 2.66 Manila Comp. 2,832.17 -7.3 Taipei WPI 5,609.79 -31.23 Seoul Comp —886.87 -3.85 Bombay BSE30 3,337.71 -21.56 CLSA China B 797.53 6.41 Aust All164 words
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Page 1 Advertisements
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Advertisement10 1995-06-10 1 Lifestyle Cover Story: el i The joys of the Internet10 words
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Advertisement29 1995-06-10 1 Property: el 4 London property merits second look REGIONAL FOCUS, Pg 4 Bangkok says no on environmental grounds Shipping lines give thumbs down The shape of Thailand's new south29 words
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Advertisement90 1995-06-10 1 Hock Lock Siew: pg 6 Telecom still has time to act "i It takes more than money > TO WEAR THE ROYAL OAK. 5 For the past twenty years, some of the most successful and admired men and women have chosen to wear the Royal Oak. A watch like no90 words
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Advertisement18 1995-06-10 1 Raffles Conversation: el 3 H 'one: Founder and chairman Py of Wywy Group ASIA Regional markets, Pg 12-1618 words
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Advertisement31 1995-06-10 1 S*poß News 2 fpsretfaa 17 Avonl News 3 Fmk4 9.10.11 Wort) 5 EL2 Qoto/HLSE. SES I*lB n ao it" Renews EL6J Wort* 12 Sports Di Carnras 10 TV/Sate ELI2 Smmjtmm —1131 words
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SINGAPORE NEWS
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Article, Illustration422 1995-06-10 2 Shiv Taneja - By Shiv Taneja PASSAGES and Mileage Plus, the two most popular frequent flyer programmes in Singapore, will most likely have to end their tie-ups with credit card issuing banks here once their contracts expire. Sources told BT that the present industry422 words
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172 1995-06-10 2 AFP TOKYO World Air Network Co Ltd (WAC), a Singa-pore-based subsidiary of All Nippon Airways Co Ltd specialising in regional charter flights, announced yesterday plans to suspend operations in September. WAC president Isao Kasuga said the airline, set up five years ago to flyAFP - 172 words
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Article, Illustration365 1995-06-10 2 Ven Sreenivasan - By Ven Sreenivasan SINGAPORE-BASED coach builder Sinßus Engineering has sealed a $30 million deal to build and supply buses for state-owned public transport companies in Vietnam. It signed a memorandum of understanding yesterday with Tracimex SG, an arm of Vietnam's Transport Ministiy, toPhoto by Lianhe Zaobao - 365 words
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92 1995-06-10 2 AN agreement between Singapore and Bahrain for reciprocal tax exemption on income arising from international air transport came into force yesterday. Income from the operation of aircraft to Bahrain by Singapore air transport enterprises are exempted from Bahrain tax. Likewise, income derived from the92 words
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56 1995-06-10 2 NTUC Healthcare plans to open five more pharmacy outlets by year-end bringing the number to 20. Healthcare now has 15 pharmacy stores in downtown areas such as Orchard Road, Raffles City and Tanjong Pagar and HDB estates such as Queenstown, Clementi, Toa Payoh,56 words
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Article79 1995-06-10 2 EIGHT Singapore jewellery companies, led by the Trade Development Board, are in Las Vegas this weekend attending the JCK Jewellery Show which finishes on Monday. Edith Cheong the TDB's director of lifestyle business said: The JCK show, with its profile of large and upmarket buyers,79 words
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Article51 1995-06-10 2 BINTAN Resort Ferries has increased its ferry services to Bintan from two to three service daily- The new highspeed <atamaran would take one hour from Singapore s World Trade Centre to Rintan Bandar Bentan Telani and vice-versa. The round for adults and $27 and children below51 words
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34 1995-06-10 2 SINGAPORE will hg «g» t International Research on Economic Tendency Surveys is an internal study group whose surveys or put the results of such surveys to practical use.34 words
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518 1995-06-10 2 Abdul Hadhi - By Abdul Hadhi WITH the issue of "earnest money" out in the open, property developers are likely to demonstrate extra caution when marketing forthcoming residential projects. Earnest money involves money paid by a prospective buyer to a marketing agent, which is518 words
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Article, Illustration510 1995-06-10 2 David Mok - By David Mok IBM CORP'S hostile takeover of software firm Lotus Development Corp is not expected to lead to significant changes at the latter's outfit in Singapore, at least not in the short immediate future. Analysts yesterday said the situation510 words
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Page 2 Advertisements
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Advertisement126 1995-06-10 2 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883' FAX: 741-1298 131 A Leading Jakarta Securities firm Is looking for II II qualified candidates with university degree for the I! m\ following positions: 11 Degree in Finance or Accounting preferred Minimum 3 years working experience as a Securities Analyst or Corporate Finance Excellent126 words
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Page 2 Miscellaneous
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Miscellaneous429 1995-06-10 2 H/La* CmL fanaa i/b* tai BuanoaMaa 12/D2 a ax* tacttanri I IyOT Cloudy AmMdn I^ll Cloudy Chcagp27/13 CkM% AnM a«/M r*om Warn »/20 CtaxJi HonokJu 30/22 OM* ■wST 19/ 06 Cloudy HouMon S2/20 Cloudy ZZZ, 38/30 Cloudy aom 30/10 Ctaudy UiMpt 34/18 Sunny iT/S Sho Pop——. 2°"* 19/14 Sunny tad429 words
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THE REGION
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276 1995-06-10 3 SINGAPORE The Special Administrative Region government that will run Hongkong after the 1997 takeover by China will have the autonomy to sign its own tax treaties with other countries under the name of China Hongkong, says a senior Chinese tax official. Foreign Tax276 words
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226 1995-06-10 3 S N Vasuki - By S N Vasuki SINGAPORE Moody's Investors Service has placed the Aa3 senior long-term ratings of the Electricity Corp of New Zealand on review for possible downgrading, after the NZ government's decision to split the corporation into two competing state-owned enterprises on226 words
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319 1995-06-10 3 Reuter BEIJING GEC Alsthom, one of the world's biggest builders of power plants, said yesterday a substantial chunk of its expansion into Asia will go into China, where it has installed projects with a power generation capacity of about 17,000 megawatts.Reuter - 319 words
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348 1995-06-10 3 Steve Vines - Fran Steve Vines in HONGKONG BRITAIN and China yesterday ended a four-year impasse by signing an agreement on the establishment of a court of final appeal in Hongkong which will take over the role of the Privy Council in London348 words
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Article, Illustration68 1995-06-10 3 Reuter BEIJING A worker in an alleyway in Beijing's computer district, Hiadian, yesterday stacking the popular AST brand of US computers. Sales of personal computers have soared in China as companies and individuals rush to join the worldwide technological bandwagon. China currently boasts more than two millionReuter - 68 words
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369 1995-06-10 3 Reuter NEW DELHI Indian Prime Minister PV Narasimha Rao leads a big business delegation to Paris next week hoping France's newly elected president, Jacques Chirac, will help revive sluggish bilateral trade and investment. Mr Rao pressed ahead with his planned visitReuter - 369 words
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309 1995-06-10 3 AFP TOKYO Japan lowered interest rates on official loans to developing countries by an average of 0.4 percentage point to help alleviate the increased repayment burden following the yen's surge, Foreign Ministry officials said yesterday. It is theAFP - 309 words
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163 1995-06-10 3 AFP SYDNEY Hongkong-based Cathay Pacific has taken court action against the Australian government to try to prevent its rights to fly here from being suspended from June 30, airline officials said yesterday. The action follows the failure of talks to settle the increasinglyAFP - 163 words
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304 1995-06-10 3 Reuter HONGKONG Asia's business sector was flabbergasted yesterday over a claim in the latest edition of Fortune magazine that Hongkong was on the verge of becoming a global backwater. To suggest that Hongkong is disappearing off the map is nonsense. It's about toReuter - 304 words
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96 1995-06-10 3 Reuter HONGKONG China's austerity programme, in place since July 1993, could end in early 19%, Schroder Securities economist Dong Tao said yesterday. He said Beijing is likely to consider four factors when deciding when and how to end the austerity measures inflation, economicReuter - 96 words
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Article, Illustration38 1995-06-10 3 Reuter HANOI Two Vietnamese military technicians checking a telephone line in central Hanoi yesterday. Vietnam, with a population of 72 million people, has less than 500,000 telephones of which 150,000 are in the rural areas. ReuterReuter - 38 words
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91 1995-06-10 3 AFP JAKARTA Indonesian parliamentarians have urged the government to settle the paper shortage because of the potential impact on foreign investment, the Antara state news agency reported yesterday. "If the paper crisis cannot be settled soon, it will give the impression that theAFP - 91 words
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Article81 1995-06-10 3 Reuter NEW DELHI Indian Prime Minister PV Narasimha Rao, gearing up for general elections due early next year, will expand his cabinet by naming several new government ministers, officials said yesterday. A spokesman said President Shankar Dayal Sharma would swear in the ministers thisReuter - 81 words
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Article77 1995-06-10 3 AFP JAKARTA Indonesia and Malaysia agreed yesterday to seek a settlement to a long-running island dispute, involving Sipadin and Ligitan islands off Borneo, through informal meetings between personal representatives of the leaders of the two countries. Indonesian Foreign Minister Ali Alatas, speaking at aAFP - 77 words
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Page 3 Advertisements
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Advertisement100 1995-06-10 3 PAX:"MI-129e (Currently used for plastic injection moulding and assembly purposes) Tebrau Industrial Estate 1, Johor Bahru Freehold 1 acre 28,760 sq ft with mezzanine floor R9£ffl{a|H| Centrally located with direct access to Tampoi, Johor Bahru, Pasir Gudang, North-South Highway, Senai and Ulu Tiram 900-amp power supply (All l«f tkaa 2100 words
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Page 3 Miscellaneous
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Miscellaneous40 1995-06-10 3 2>iaL»ubae.H?-ivu»,T Tvomg.* I JoNfeOTMfePtftM. Tb ftt GOWC, E.fe*UC-.HE. UtfNS KCROS& TW«S 9WD6D W6»tO.. LfcTYetf IT'S fNDDReSSEjp I v POOWESBURY GARRV TRUDEAU i(XJS£e.rounAME vo*x**t.HtfßueetuM> TooernneMJ. a*a v I wasuupM tdskk I VWrtHTtHOUfB *XJN6 MXUOKHAS66- t A&KAfHK M ST/M*/f I TANT, I40 words
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REGIONAL FOCUS
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Article, Illustration851 1995-06-10 4 Alan Boyd - Proposed Penang-Songkhla landbridge From Alan Boyd in BANGKOK THAILAND has rejected the proposed Penang-Songkhla landbridge on environmental grounds and government officials say a change of heart in the near future is unlikely given the current political realities. The proposal also clashes with plans, for851 words
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Article1183 1995-06-10 4 AIRCRAFT ARRIVALS DEPARTURES Uta—M GA860 1945 kkkttt QF81 1930 QF82 2055 fc—I RJ187 0130 KL843 0455 KL838 2300 SQ25 0650 SQ324 2330 KL831 0925 MM NZ21 1736 NZ22 1910 SQ286 2040 Brtwfcl QF148 0910 GF1147 0250 Sari Sm BI421 1100 SQ182 0915 SQ181 1410 BM22 1200 ***** 1800 BJ096 14001,183 words
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Article, Illustration561 1995-06-10 4 Rahita Elias Alec Almazan - By Rahita Elias Alec Almazan SINGAPORE A proposed landlink between Penang and the southern Thai port city of Songkhla has got the thumbs down from shipping lines, which say it will be economically unfeasible. The 300-kilometre landbridge was fraught with practical problems,561 words
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Article1135 1995-06-10 4 Plan to develop a thriving economic zone is making limited progress Bangkok Post BANGKOK Thailand's ambitious programme to turn its lower southern region into a grand scale economic zone catering to international trade is moving slowly towards realisation. Limited progress has been made since theBangkok Post - 1,135 words
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REGION/WORLD
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644 1995-06-10 5 Reuter LOS ANGELES Federal Reserve Bank of San Francisco president Robert Parry said that if weak job figures persist, then the Federal Reserve may have to take action to forestall further employment decline. "What happens to (Fed) policy depends onReuter - 644 words
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Article, Illustration469 1995-06-10 5 Former US envoy blames their intransigence for bitter car row Reuter OSAKA The former US ambassador to Japan, Michael Armacost, blasted both the United States apd Japan yesterday for their rigid stances in a bitter row over car trade and urged the twoReuter - 469 words
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98 1995-06-10 5 Bloomberg Business News BRUSSELS European Commission President Jacques Santer said the US should set itself targets in matters such as deficit reduction to steady the dollar. "We can't guarantee on a stable dollar unless the US economy converges with those of otherBloomberg Business News - 98 words
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Article129 1995-06-10 5 Reuter BRUSSELS European Union foreign ministers will try again at a meeting in Luxembourg on Monday to approve an interim compensation deal with Canada to speed up the end of tariffs on newsprint. They failed to get agreement on May 29 when they could not muster theReuter - 129 words
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Article85 1995-06-10 5 Reuter LONDON A spate of interest rate cuts in Europe's core economies and monetary tightening in peripheral countries has highlighted the growing economic divergence across the continent, economists said. Inflation and currency problems lie at the core of the divergence problem, which is likely to accelerate. "We clearlyReuter - 85 words
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Article94 1995-06-10 5 Reuter LONDON Prime Minister John Major's government yesterday said it had nothing to hide over the sale of its stake in two major power generating companies which had angered investors and led to accusations of insider trading. Under fire from the opposition and the London Stock Exchange,Reuter - 94 words
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Article, Illustration138 1995-06-10 5 Reuter LONDON European Commissioner for Transport and former UK Labour party leader Neil Kinnock (right) repeated his attacks on a trade liberalising "open skies" agreement between the US and nine European countries. The deal. exr>ected to be signed within the next week or two, is betweenReuter - 138 words
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295 1995-06-10 5 Bloomberg Business News WASHINGTON With three weeks remaining before a US-imposed deadline, two cabinet officials renewed their threat to restrict foreign banking, insurance and securities companies if global talks on opening financial service markets don't succeed. US Trade Representative Mickey Kantor, testifying withBloomberg Business News - 295 words
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302 1995-06-10 5 Reuter PARIS Hooded youths rampaged in the depressed Paris suburb of Noisy-le-Grand early yesterday, smashing cars and throwing molotov cocktails that set fire to five school buildings, city officials said. It was the second night of violence in the suburbReuter - 302 words
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Article102 1995-06-10 5 Reuter WASHINGTON President Bill Clinton met Chinese ambassador Li Dao Yu to discuss relations with Beijing but failed to resolve differences arising from the private visit of Taiwan's president to the US, the White House said yesterday. Mr Clinton took the initiative in arranging Thursday'sReuter - 102 words
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386 1995-06-10 5 Reuter TOKYO Japan, heavily dependent on crude oil from Iran, formally told the United States yesterday it would not join Washington's ban on Iran trade and investment, a Japanese Foreign Ministry official said. Tokyo's decision was conveyed to aReuter - 386 words
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Article, Illustration357 1995-06-10 5 NYT BEIJING Deeply frustrated over the state of US-China relations, the American ambassador, J Stapleton Roy, is leaving his post tomorrow before his replacement has been named by the Clinton administration. Although Mr Roy has told close associates that theNYT - 357 words
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301 1995-06-10 5 AFP TOKYO Japan's ruling coalition, pulling out from last-ditch talks with the main opposition party, rammed a resolution through parliament yesterday expressing deep remorse for the country's World War 11 atrocities. The much-contested resolu- tion was passed by the House ofAFP - 301 words
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208 1995-06-10 5 Reuter LOS ANGELES The Japanese real estate shopping spree in America is turning into a fi resale. Figures released on Thursday by a real estate consulting firm show that Japanese investors had US$6.4 billion (SSB.9 billion) of US property up for sale inReuter - 208 words
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Page 5 Advertisements
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Advertisement73 1995-06-10 5 k We are a competent and well established company S offering our services from Switzerland as w i YOVI Hnjuiii mummr K for all commercial, technical or legal aspects of M B your business and interests in HUM I f Our General Manager will be in Singapore for a personal73 words
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COMPANIES & MARKETS
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EYE on your STOCKS
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Article19 1995-06-10 6 For next week's expected market sentiment, see BT's Sentiment Index on EL4 (Personal Finance A Investment section)19 words
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Article, Illustration90 1995-06-10 6 Quak Hiang Whai - Quak Hiang Whai KEMAYAN is facing resistance at $2.50 and is retreating after last month's climb. While the daily charts are showing some overbought signals with the Relative Strength Index dropping from above 75, the weekly and monthly charts show more upside potential than downside risks. The monthly90 words
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418 1995-06-10 6 Paul Lao - By Paul Lao SINGAPORE Centrepoint Properties Ltd (CPL) yesterday said it plans to raise $200 million through issuing bonds to refinance the acquisition of office building Alexandra Point and a commercial site at the future Woodlands regional centre. Structured and managed418 words
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147 1995-06-10 6 SINGAPORE Component manufacturer Cam Mechatronic Ltd plans to acquire property in another country to set up a new business unit and form a joint venture for overseas business. The company said yester- day it was negotiating the two deals, in response to a Stock Exchange147 words
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Article, Illustration379 1995-06-10 6 Genevieve Cua - Performance in line with analysts' expectations By Genevieve Cua FOOD group Cerebos Pacific achieved an 18 per cent gain in net earnings to $41.03 million in the six months to March 31, with a strong contribution from its flagship Brand's Essence of Chicken. The379 words
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782 1995-06-10 6 Genevieve Cua - HOCK LOCK SIEW By Genevieve Cua SINGAPORE The share price of Singapore Telecom has recovered somewhat this week following a sharp drop when it announced a weaker-than-expected set of full-year results last month. The stock rose to a recent782 words
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249 1995-06-10 6 Bernama KUALA LUMPUR Mulpha International Bhd, in efforts to increase profits, will be expanding its existing businesses as well as identifying new investment opportunities, said chairman Michael Chen Wing Sum. With funds to be obtained from a special issue ofBernama - 249 words
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206 1995-06-10 6 SINGAPORE Loss-making videotape maker Electro Magnetics Ltff (EML) has been served with a winding-up petition by Chin Leong Corp. EML told the Stock Exchange of Singapore yesterday the petition, lodged on May 19, related to an amount of more than $92,000 that it206 words
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COMPANIES
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616 1995-06-10 7 Alan Boyd - From Alan Boyd in BANGKOK A GOVERNMENT shipping line yesterday defended the planned sale of a minority stake to a firm with Singaporean shareholders, and blamed economic rivalries for growing opposition to the deal. Thai Maritime Navigation Co (TMN) dismissed616 words
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535 1995-06-10 7 Partners in bid quit to set up own credit card, investment firms Bloomberg Business News HONGKONG Loy Hean Heong, president and chief executive of Malaysia's MBf group, said the group will hang onto its Hongkong operations following the collapse of an attemptedBloomberg Business News - 535 words
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220 1995-06-10 7 SINGAPORE Jurong Cement yesterday reported lower earnings and sales for the year to Mar 31. Group net profit slipped 28.6 per cent to $13.31 million, while turnover dipped 8.52 per cent to $94.03 million. Directors said business was affected by a general220 words
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Article, Illustration294 1995-06-10 7 SINGAPORE Technologies Automotive expects its new centres at Ayer Rajah and Sin Ming Road to post sales of $5 million a year from car inspections. The general manager of subsidiary ST Automotive Inspection, Lim Hung Siang, said at a294 words
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217 1995-06-10 7 SINGAPORE National Kap is rationalising its operations in the face of deepening losses, said chairman Ng Kong Beng in the company's latest annual report released yesterday. The company, which makes and trades in electronic components, parts and machinery, lifted sales 50.4 per cent to217 words
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381 1995-06-10 7 Siow Li Sen - By Siow Li Sen SINGAPORE Singapore and foreign firms with stakes in Thai broking houses are unhappy with a proposal under consideration by the Stock Exchange of Thailand to reduce such holdings to a maximum of 25 per cent from the381 words
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295 1995-06-10 7 Claire Leow - By Claire Leow BERGER International will open three factories one each in the United Arab Emirates (UAE), China and Myanmar within the next 18 months, says chairman Vijay Mallya in the company's latest annual report. He said Berger would consider295 words
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Article44 1995-06-10 7 SINGAPORE First Capital Corporation (FCC) will not sell its 3.3 million shares in Mimax Ribbons Pte Ltd to Kolok Malaysia Sdn Bhd. An agreement earlier was allowed to lapse. FCC intends to look for another buyer for Mimax.44 words
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60 1995-06-10 7 SINGAPORE Singapore Technologies Industrial Corporation proposes to sell its 40 per cent stake in Asia Pacific Logistic Services to a subsidiary for $2.86 million. The subsidiary is Singapore Technologies Logistics which, in turn, proposes to buy Plexis Services Inc and Leo Services from60 words
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60 1995-06-10 7 Bernama KUALA LUMPUR Farlim Group (Malaysia) Bhd, the soon-to-be-floated property development group, plans to launch three new projects soon, says its chairman and chief executive Lim Gait Tong. The three residential projects are in Bentong in Pahang, Kertih in Terengganu and Mersing in Johor.Bernama - 60 words
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64 1995-06-10 7 Bernama KUALA LUMPUR Time Engineering Bhd plans to sell Time Advanced Products Sdn Bhd, a wholly-owned subsidiary which trades light industrial equipment, for M 51.38 million (*****,000). Time said the sale was in line with the group's aim of focusing on its coreBernama - 64 words
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Article94 1995-06-10 7 Bernama KUALA LUMPUR Renong Bhd's current year's prospects are bright due mainly to contributions from its infrastructure construction division, as its associates take up a full year's profits for major projects which began at the end of last year, and toll operations, said BBMB SecuritiesBernama - 94 words
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Article498 1995-06-10 7 Ml«Hiri' priena Jun 10 A 12 Sfe Graaier China Fd 1.00 Mendaki Gr Fund 1.03 1.06® SMgapOT* Uwt Trwt US Gr Fund 1.02 1.06* The Commerce I 58 I 67»d imb iu The Saving! Fund 1.53 1.62 Mmtm MP UB S" pore Prog Fund 0.62 0.66 Unifund 1.45 1-52 S'pore498 words
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496 1995-06-10 8 Bloomberg Business News WELLINGTON Investment holding group Brierley Investments Ltd and its Auckland casino partner, Promus Companies Inc of the US, will sell 36.9 per cent of their Sky City project for NZ$ 156.8 million (SSI46 million). The 7.38Bloomberg Business News - 496 words
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54 1995-06-10 8 Bloomberg Business News HONGKONG Luxury hotel and real estate group Hongkong and Shanghai Hotels and Indonesia property developer Ciputra Group have formed a joint venture to build a hotel and shopping mall in Jakarta. The project will include a hotel run by the PeninsulaBloomberg Business News - 54 words
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Article60 1995-06-10 8 Bloomberg Business News HONGKONG An unnamed buyer has bought more than half of the shares of Win Win International Holdings, the Chinese-lan-guage Hongkong Economic Journal reported yesterday. The Hongkong Stock Exchange has asked the company to postpone an announcement on the takeover as it hasBloomberg Business News - 60 words
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Article81 1995-06-10 8 AFP TOKYO Nissho Iwai Corp, a major Japanese trading house, will inject up to US$22O million (SS3OB million) into US personal communications company Go Communications Corp, a Nissho Iwai spokesman said yesterday. Nissho Iwai will pay up to US$2O million for about 12AFP - 81 words
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Article38 1995-06-10 8 AFP TOKYO Japanese telecommunication giant Nippon Telegraph and Telephone Corp (NTT) is planning to cut another 30,000 jobs by March, 2000, the Nihon Keizai Shimbun said yesterday. NTT has 200,000 employees. AFPAFP - 38 words
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449 1995-06-10 8 Bloomberg Business News HONGKONG Citic Pacific Ltd, the Hongkong arm of China International Trust Investment Corp, expects earnings growth to slow this year as it maintains its focus on infrastructure, property and trading, the company's chairman said. The conglomerate, whoseBloomberg Business News - 449 words
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148 1995-06-10 8 Reuter JAKARTA Indonesia's telecommunications company PT Telekomindo Primabhakti expects to invest some US$l5O million (*****.5 million) on telephone infrastructure projects and has invited foreign firms to form joint ventures, the Bisnis Indonesia newspaper reported. "We expect to build some 300,000 telephone lines over the nextReuter - 148 words
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356 1995-06-10 8 Bloomberg Business News SHANGHAI New Asia Group, one of Shanghai's leading hotel chains, said pre-tax earnings at its wholly owned businesses fell 5.7 per cent in the first four months of the year, brought down by repair work at the company'sBloomberg Business News - 356 words
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262 1995-06-10 8 Reuter PERTH The shake-up in Australia's AS 32 billion (Ss32 billion) grocery industry has taken another twist with an audacious move by Perth-based minnow Resource Industry Ltd (R&I) to create a grocery group with sales of As 2 billion.Reuter - 262 words
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533 1995-06-10 9 Reuter NEW YORK The stock of Philip Morris Cos lnc fell sharply on Thursday after a newspaper report sparked worries that nicotine may be regulated as a drug and that the world's largest tobacco company could be more vulnerable inReuter - 533 words
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Article, Illustration64 1995-06-10 9 THIS sleek car, a BMW Z3 Roadster, is the new motor super screen spy James Bond will be driving in the latest 007 movie Goldeneye. It was unveiled for the first time this week. The two-seater German sports car, powered by a 1.8-litre four-cylinder engine,64 words
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528 1995-06-10 9 Big Blue puts user-friendly spin on USs3.3b hostile bid Financial Times, Bloomberg Business News SAN FRANCISCO International Business Machines is pursuing its US$3.3 billion (554.6 billion) hostile takeover bid for Lotus Development, the personal computer company, in cyberspace. IBM is seeking to influenceFinancial Times,; Bloomberg Business News - 528 words
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243 1995-06-10 9 NYT NEW YORK Shareholders of Rockefeller Centre Properties Inc voted down a proposal on Thursday that would have given Goldman, Sachs Co the chance to own a controlling stake in the company, which is a real estate investment trust holding a US$l.3 billionNYT - 243 words
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398 1995-06-10 9 Reuter VANCOUVER After weeks of rumours, nickel giant Inco Ltd agreed on Thursday to buy 30 per cent of a rich metals deposit in north-east Canada from Diamond Fields Resources Inc for Cs66B million (*****.7 million) in stock and cash. AlthoughReuter - 398 words
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SHIPS IN PORT
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Article1566 1995-06-10 8 RECEIVING OF EXPORT FCL CONTUNERS AND LCI CARGO Rtcard Booklnt/Manc* 1Mb Shp Ig W» Ett/Wr fgjjrf fww T* fnm Ag Om, 086A 10/1500 1A 09/1500 09/ISM 09/1900 Aa lade 242A U/0700 l5 09/1500 09/1659 09/1*0 3 10/0700 10/1159 10/1400 4 10/1200 10/1459 10/1700 AU Blwni 206S 11/2359 W1,566 words
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Article513 1995-06-10 8 VusM Ihf lb Barlh Arrival Daparture Mbf 310 J18/19 alongside 10.06/1500 Baton Indah K202 J2 atongside 10.06/2300 Baton Murni 06/02/95 J1 atongstoe 10.06/2300 Carte* Star J12 alongside 10.06/0600 Dm Guna *****5 121 alongside 10.06/2300 Hu Hong Satu 3/95 J8 atongstoe 10.06/0800 Kondo 08/04/95 J1 atongsde 10.06/1300 Leader513 words
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FINANCE & COMMODITIES
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473 1995-06-10 10 Reuter OSAKA The yen is set to adopt a more important role as Asian economies grow further and there is greater liberalisation of financial markets, said Elizabeth Sam, chairman of the Singapore International Monetary Exchange (Simex). Speaking to delegates atReuter - 473 words
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Article, Illustration440 1995-06-10 10 Soh Tiang Keng - About 700 Brent crude oil contracts traded on first day By Soh Tiang Keng THE London-based Brent crude oil futures debuted on the Singapore International Monetary Exchange (Simex) yesterday under the exchange's first mutual offset system (MOS) with the International Petroleum ExchangePhoto by Arthur Lee - 440 words
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Article, Illustration389 1995-06-10 10 DBS Bank weekly currency review USS/DM: Choppy range trading Choppy range trading between 1.4028 and 1.4235 was seen this week, with the market still unsure about the direction of the US unit. Trades yesterday morning were around 1.4080. The technical outlook is cloudy,389 words
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380 1995-06-10 10 Reuter SINGAPORE Trade in high-flying Asian exotic currencies has plunged in the second quarter of 1995 as investors refocus on volatile major currencies, foreign exchange traders in Singapore said yesterday. Greater price movements in the major currencies, especially in the dollar against theReuter - 380 words
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261 1995-06-10 10 LONDON Crude oil futures here and in New York were dragged lower by falling New York petrol prices amid a growing perception that petrol stockpiles are rising. Spot reformulated petrol cargo premiums to the nearmonth petrol futures contract fell because supplies are261 words
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Article183 1995-06-10 10 Reuter LONDON The dollar opened steady here eariy yesterday after retreating from an overnight surge in Europe. "The dollar went higher overnight on foilowthrough on the Greenspan/Tietmeyer comments," said one dealer. Federal Reserve chairman Alan Greenspan and Bundesbank president Hans Tietmeyer participated in a discussion at an international monetaryReuter - 183 words
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Article, Illustration1134 1995-06-10 10 index coicytamJ ttgum S pore s top 14 trading partnersBox year IMS US$/S$ forward rates Noon /Jun 9 BU Oflcr 1-month 138* I.3S7I 2-month I.3S0I 1.3JI6 3-month IJ755 1.3770 6-moMh 1.3422 IJM2. SomcrOCBC Source: OCBC FOREIGN CURRENCY NOTE RATES JW at Shi Mhul: Siagapore Mian la aw aafe o(foicigB carreacy1,134 words
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Article90 1995-06-10 10 AFP NEW YORK The dollar was down against major currencies except the yen in New York yesterday, but trading remained light after the release of unchanged US wholesale prices for May. Around 1410 GMT, the dollar was worth 1.4045 marks from 1.4072 late Thursday and 84.74 yen fromAFP - 90 words
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COMMODITIES & FUTURES
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1315 1995-06-10 11 Reuter SINGAPORE Simex Eurodollar and Euroyen futures ended mixed after narrow range trade. Dealers said Eurodollars were trapped in tight ranges with a downside bias. We are consolidating around current levels but there is slightly more selling out there than buying," said a dealer. DealersReuter - 1,315 words
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683 1995-06-10 11 COMMODITY REPORTS Rubber SINGAPORE: Rubber futures ended mostly in the plus column on late covering interest amid talk of fresh China purchases in Indonesia and liiailand. The gains were also linked to the overnight firmer trend in after-hours trade on short-cover-ing by US dealers.683 words
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Article53 1995-06-10 11 LONDON Coffee exports to all destinations by exporting members of the international Coffee Organisation during April totalled 4.865 million bags, down 794,000 bags from exports totalling 5.659 million in April 1994, according to preliminary ICO estimates. April 1995 exports were also down from March exports of53 words
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55 1995-06-10 11 HONGKONG The new coffee futures contract on the China Commodity Futures Exchange of Hainan was off to a good start this week, posting a steady increase in volume since Tuesday's start-up. Trade volume today was 10,224 (one-tonne) contracts, up from Thursday's 8,934 and Wednesday's 6,40655 words
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68 1995-06-10 11 TOKYO Japanese copper demand is set to rise 0.9 per cent in 1995-96 (Apr-Mar) to 1.65 million tonnes from 1.63 million in the year-earlier period, according to the Ministry of International Trade and Industry. The ministry's forecast pegged the* country's zinc demand at 750,000 tonnes,68 words
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Article52 1995-06-10 11 TOKYO Japan's orders for stainless steel sheet were 133,704 tonnes in April, up 16.2 per cent from a year before, according to figures released yesterday by the Stainless Steel Association. Of the i total, nickel-based stainless steel accounted for 95,029 tonnes, while the chrome-based totalled52 words
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55 1995-06-10 11 LONDON German statistician FO Licht has announced its second forecast of the 1994-95 (OctSep) world coffee balance, putting the closing stocks figure at 42.943 million 60 kg bags, down from its earlier estimate of 44.507 million but up fromstocks of 42.265 million55 words
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Article1387 1995-06-10 11 SICOM Futures Rubber (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jd I 215.00 I 2025 Aug 213.00 210.00 212.00 400 2675 Sep 209.25 207.00 209.50 600 2250 Oct/Dcc 206.00 203.00 203.50 675 6225 Jan/Mar 96 203.001,387 words
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REGIONAL STOCK MARKETS
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Article1012 1995-06-10 12 -13.7 SHARE prices closed at a twomonth low yesterday as investors worried about a fall in Tokyo and the immediate future for Wall Street. "The market here is looking for reasons to sell," said a dealir. "The fall in the Nikkei and general bearish sentiment in South-east Asia are1,012 words
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Article623 1995-06-10 12 -7.3 Share prices fell as the downturn in other major foreign bourses continued to weigh down the local market. Heavy selling, especially by major brokers, hit the market, said a broker, adding that the "the market was expected to correct because it did not break the 2,830 level". The623 words
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Article478 1995-06-10 12 -31.23 Share prices closed lower in slow trading, with construction, banking and insurance shares hardest hit. The 321-issue Weighted Price Index lost 31.23 points to settle at 5,609.79. Turnover slipped to an eight-month low of 512 million shares worth NT521.04 billion. The market opened low and the index stayed478 words
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Article399 1995-06-10 12 -3.85 Stock prices continued their slide to close lower, soured by unfavourable economic figures, which indicated the nation's economic expansion would end earlier than expected. "In the lack of positive or negative market-moving news, participants didn't dare to move in or out," said a trader. The Composite Price Index399 words
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Article364 1995-06-10 12 -28.45 New Zealand's top 40 share index fell 1.35 per cent in a market described by brokers as "tired". Market leaders Telecom and Carter Holt Harvey led the fall, dropping 12 cents to NZ$5.BB and nine cents to NZ$3.7l respectively. The NZSE-40 Capital Index shed 28.45 points to364 words
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Article104 1995-06-10 12 •21.56 Shares finished lower as speculators squared up their positions ahead of the weekend. Brokers said the session was dull. Tata Chemicals touched a day's high of 393 rupees but ended at 379, up nine rupees from its previous close. The share was active ahead of its results on104 words
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WORLD STOCK MARKETS
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Article617 1995-06-10 12 Britannia Funds Stcrtiaf Cash BM Offer Mim Cap Depot* 36.6400 JS *500 Mim kne, <j5T. 01WJ 0 1992 Mim Max income *0.9300 *0 9700 IMS Cm* Income Plus Fund 10.5200 *****0 PS S Reserve Fund J.4900 5.5000 ft4J92 ***** Far lax Fund *2.7650 *2.9730 Man Portfolio *2.0030 *2.1650 UK Growth617 words
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Article687 1995-06-10 12 -43.1 JK STOCKS suffered their )iggest one-day drop in nine nonths, as falling bonds unlermined insurers and BAT ndustries dropped in line vith US tobacco companies. Losses for index heavyveights British Telecom and British Gas helped financial ind pharmaceutical stocks irag the FTSE-100 Index >ek>w 3,340, which is where687 words
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Article121 1995-06-10 12 -54.17 rench shares ended sharply jwer in line with other fiancial markets, mainly Vail Street and the dollar. The index was pushed ack below the 1,900 level /hich it had last breached n April 19. The CAC-40 Index losed down 54.17 points or .8 percent, at 1,897.02. Of 'AC-40121 words
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Article174 1995-06-10 12 -13.68 ferman stocks fell with onds as fading hopes for a ut in interest rates hit fiancial shares and a slide in le dollar undermined exort stocks. "What's bringing the larket to its knees is the larp drop in the bond maret and the unfriendly dolir," said a trader.174 words
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Article182 1995-06-10 12 -10.79 elgian stocks tumbled as x major stocks turned exividend. Otherwise the el-20 index of leading tares was little changed. TTie Bel-20 Index closed own 10.79 points at 419.62, its lowest point nee April. "The Bel-20 shed 12 jints because of stocks ming ex-dividend. It's alays like that in182 words
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Article366 1995-06-10 12 -64.3 South African industrial shares extended a recent poor run as buyers remained scarce amid uncer- tain local prospects and easier world markets. Dealers said stock supply and low interest had combined to drag prices lower as less bullish local economic prospects and political uncertainty undermined sentiment. Golds were366 words
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Article248 1995-06-10 12 -11.8 Stocks were mixed in sluggish early trading in line with declines on Wall Street, traders said. The TSE 300 Composite Index fell 11.88 points to 4,468.02 on volume of 9.1 million shares valued at Csl29 million. However, advancing stocks outpaced declines 180 to 167, with 204 issues unchanged.248 words
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Article670 1995-06-10 12 -40.12 Stocks tumbled amid signs a streak of better-than-expected earnings could burn out as the economy cools off. Signals that interest rates won't fall much further eroded the other key support for stock prices, traders said. Meantime, yesterday's producer-price report did nothing to dispel disappointment that the Federal670 words
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Article137 1995-06-10 12 -59 Italian stocks slumped late in the day, closing lower for the third day, as investors sold Fiat shares after a report car sales are stowing. New car registrations declined in May for the third straight month, falling 1.5 per cent. The Mibtel Index fell 59 points to 9,925,137 words
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Article245 1995-06-10 12 -3.15 Dutch stocks posted their biggest one-day drop in three weeks, mirroring declines in bonds amid concerns that slower economic growth will limit earnings. KLM Royal Dutch Airlines extended Thursday's decline in the wake of its lower-than-expected earnings for the fiscal year ended March 31, falling 3.1 per cent245 words
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Article134 1995-06-10 12 +1.42 Swedish stocks were mixed as gains in paper stocks countered a drop in government bonds, with tower US Treasury bonds dragging down bonds and stocks across Europe. Shares in paper makers rose amid speculation of increases in pulp prices later this year, traders said, with Stora Kopparbergs Bergslags134 words
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Article164 1995-06-10 12 -11.5 Swiss stocks fell after financial and exporter shares failed to recoup all their morning's losses even after they rallied on lower-than-expected US producer price figures. The SMI Index of 23 stocks lost 11.5 points to 2,795.3. The broader SPI Index of 350 stocks closed at 1.838.06 down 5.76164 words
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Article, Illustration2564 1995-06-10 13 Bloomberg Business News HONGKONG Stocks dropped amid concern that a massive sale of Hutchison Whampoa shares by its chairman and chronic weakness in the territory's real estate market herald slack corporate earnings growth. Property issues, which propelled the main index to a seven-month high on Monday, led a declineBloomberg Business News; Source: Bridge Info - 2,564 words
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Article, Illustration528 1995-06-10 13 CLSA IN Hongkong, the H share index lost 2.08 points at 1,167.80 on turnover of HK546.8 million. Petrochemicals were the most active counters for the third day running, with Jilin Chemical holding support at the HKSI.6I level. The Shanghai B Index edged up 0.9 per cent on turnover ofCLSA - 528 words
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Article, Illustration2498 1995-06-10 13 Bloomberg Business News TOKYO Stock prices plunged to a 34-month low as the release of the Bank of Japan's influential tankan survey failed to alleviate concern about the health of the economy and banks' disposal of non-performing debt loads. The most-watched number of the May tankan, the diffusion indexBloomberg Business News; Source: Bridge Info - 2,498 words
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Article, Illustration1458 1995-06-10 13 Reuter BANGKOK Share prices slipped on profit-taking and a lack of confidence in the market, brokers said. "The index fluctuated quite a bit today because of normal profit-taking," said an analyst. The SET Index shed 2.29 points to close at 1,394.50. The stock market is consolidating after its strongReuter; Source: Bridge Info - 1,458 words
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Article, Illustration1148 1995-06-10 13 Reuter JAKARTA Shares closed mixed in moderate trading after late speculative buying of proper-ty-related stocks, brokers said. The composite index ended 2.66 points up at 491.75. Brokers said the late speculative buying helped the market to recover after falling to the day's low of 488.87. Bank Papan Sejahtera roseReuter; Source: Bridge Info - 1,148 words
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Article2133 1995-06-10 14 Gf Cr ,«m L«M Vol Day LM Owk Dh Dh YU Net M Can uy Cam—I Salt CM0) H«k Low Bqa Setter Cn P/E i-U MALAYSUN STOCKS m I* *S«c 396 -6 123 39* **> 1% 39* 30 -19 0.2 40.6 177 77 5 2 AMDBWc 96 undi2,133 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration6552 1995-06-10 14 Bloomberg Business News KUALA LUMPUR Stocks feU as investors awaited the release of producer price inflation numbers in the US. Stocks are likely to rise if the figures show low inflation numbers, which make it more likely the Federal Reserve will lowerBloomberg Business News; Source: Bridge Info - 6,552 words
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STOCK EXCHANGE OF SINGAPORE
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Article7578 1995-06-10 15 IMS Last V«6 Day La« QoaM Dh Dh YM Net Can A* High Law "—%—j Srt» (1M) High La" »wy«r Seller CNt P/E (ail Price INDUSTRIAL AND COMMERCIAL 488 M2 ml AcmSOc 452 cd -12 203 4*2 448 452 454 22.5 5.8 2.5 9.5 623.1 474 450 450 I t7,578 words
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Article, Illustration1836 1995-06-10 16 SINGAPORE The local stock market yesterday continued along the same lines as the previous few sessions on a downward drift amidst thinning volume. In addition to having to worry about last night's US Producer Price Index and its implications for Wall Street, institutionalCharts by Bridge Info; Source: Bloomberg - 1,836 words
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Advertisement245 1995-06-10 6 NEWS VALUE Fear of imminent bank crisis sends Nikkei crashing fcg 1) World markets appear not to have factored in the consequences of a possible retrenchment of Japanese equity/bond investments from abroad US wholesale prices stay stable in May (pg 1) Inflation does not look like a worry in the245 words
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Advertisement188 1995-06-10 7 BottomliDesofmaiiyS'pore I firms hit by currency tunnul —iiih PTT 1 WWOU-taito US CtmmtMmt H H MM* WiOa ok at Ik ttaa**aia|*i H A Mpftprtwtflß! Kmeiyx'- ■r uu.uwi|y! *»^^PPP^KSSPPPH"WMT»«i m im in ifliH" ll ■mu iiM'/ii if ii iiiiiin rill 1 rnj* m lUiUjULAiJiiyyiyAUi3 a ITTTTT] n ITS 111 p 1188 words
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Advertisement206 1995-06-10 7 ATTENTION AIL Corporate Insurers, Financial Controllers, Financial Managers and Investors! InTouch™ Gold Service provides you: FOREX, FUTURES, INDICES, MARKET MOVING NEWS, COMMENTARIES, SES MONITOR LIVE tram financial centers of the world Singapore, Tokyo, London, New York, Chicago, Sydney, on state of the art Hewlett Packard Palmtop LX2OO. Price Quotation and206 words
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Page 9 Advertisements
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Advertisement101 1995-06-10 9 J> Stock Market Teratology: I |H| Yf ft 1- I Buy for Long term means TyA^y I help I'm stuck with all these shares jrH 2. Buy Low A Sell High rTTTII so what is wrong with me? 3. Zignal* the triggering technical Indicators that matters 4. Dynaquest. Our partners101 words
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Advertisement904 1995-06-10 9 IHOONESIA MALAYSIA TAIWAN Tu \G*d<a%uftc\ LIMITED Incorporated in Singapore ANOTHER EXCELLENT SET OF RESULT FROM BRAND'S GROUP EPS 17% AHEAD OF LAST YEAR Results For The Half-Year Ended 31st March 1995 The Directors are pleased to announce the unaudited results of the Group and the Company for the half-year ended904 words
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Page 10 Advertisements
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Page 11 Advertisements
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Advertisement459 1995-06-10 11 BUSINESS TIME S"" TOLL-FREE TEL. No. 1-600-741-1883 FAX.74I-1298 NATIONAL KAP LIMITED (Incorporated In the Republc of Singapore) Registered Office: No. 1 Third Chin Bee Road, Jurong, Singapore 2261 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 1996 Annual General Meeting of the shereholders of the Company wi459 words
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Advertisement20 1995-06-10 11 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.20 words
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Page 12 Advertisements
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Advertisement19 1995-06-10 12 A quick look at the markets. For Financial News, call 1900-913-0001, at 30 cents a minute. iMinn —rrn c19 words
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Page 13 Advertisements
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Advertisement15 1995-06-10 13 it U "dM Home Decor For people who love k- V. v.. •i" their homes15 words
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Page 14 Advertisements
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Advertisement16 1995-06-10 14 i Young Parents When you want the best for your children: .n it i ft n<16 words
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Page 15 Advertisements
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Advertisement35 1995-06-10 15 FAST RELIEF FROM hWWkil Indigestion causes pain and discomfort in your stomach. Gaviscon acts quickly by forming a protective layer mhp i2B 35 over the undigested food in the stomach, to relieve indigestion. aAvnco«kmucvu* iMuatnot35 words
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Page 16 Advertisements
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Advertisement85 1995-06-10 16 =i 1 I JTt's to gzvc your £>arf a br&a/c I ZTaJce Z>«£? on us. Ghtv« Ft-im a wonrfer/«Z m«a/ or a wew foairczM-t- An SPH AudioTex Service ■.V-Ww^rK I B M Ffl •'■faHHß^ I'iiumi «fc.\ .>aj|. GIVING YOU THE WINNING EDGE I e Second wind for manufacturing Motorola: Green85 words
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Advertisement423 1995-06-10 16 Singapore Closing Share Pile— 9/06/1996 CLOW MH LOW mom UM Ml UOS MO \\||J/ JmOU MaPmaii 7JM TJO 7.70 7.00 rasai l* mi u« MO IWMf J Dairy Farm OJN 0.»7« O.M OJM KVM Hongkong Lan 4 t.OO 1.»1 IJO LOl ffffWHi mmwin Ttrtinf ia ias IJI uo Jiiam n«m423 words
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Advertisement199 1995-06-10 16 M THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF SOUTH EAST ASIA MADAGASCAR LINER CORPORATION PTE LTD (W CREDITORS'VOLUNTARY UQUDADON) FINAL MEETING NOTICE 13 HEREBY GIVEN, pursuant to Section 308 of toe Companies Act, Cap. 50, toat the FINAL MEETING of toe members and creditors199 words
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Executive Lifestyle
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Article, Illustration1725 1995-06-10 17 Vikram Khanna - Newbie Vikram Khanna posts the following article on the joys of the Internet and his forays into cyberspace Vikram Khanna ™T" EVER mind if you don't I have a computer yet, or I don't know what a modem ij topics like-. Qoa't worry that y<su*re1,725 words
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STRAWS IN THE WIND
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Article, Illustration54 1995-06-10 17 WHATs in a name? Not what you might think. Take Hongkong company Win Win, which lost two of its directors for failing to tell the Hongkong Stock Exchange about their past convictions. The latest company to be censured by the HKSE is Cheerful Holdings, which can't be54 words
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Article36 1995-06-10 17 SOME companies are so presumptuous. One shipping company sent us a fax asking: "Could you send me a copy of your Editorial Schedule so I may strategically marry your coverage with input from us?"36 words
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Article67 1995-06-10 17 TOO good to be true? A corporate credit card applicant was thrilled to learn that one benefit offered through her company and a bank was a $5,000 maid bond. When she called the card centre, neither it nor any of the bank's branches knew anything about67 words
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Article35 1995-06-10 17 THERE'S more to a ladies' rest room than just paper towels. The one in a local bowling alley stocks temporary body magic tattoos, leather friendship bands, assorted silver nose dips and perfume.35 words
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Opinions
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Article, Illustration774 1995-06-10 18 STEVE VINES - LETTER FROM VIENTIANE In their own way, in their own time, the people are plugging into the modern world STEVE VINES The writer, a Hongkong-based journalist, was in Vientiane recently. He contributes regularly to BT HOMESICK Singaporeans need only venture into the coffee shop774 words
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Article, Illustration559 1995-06-10 18 Peter Chia - LETTER TO THE EDITOR Peter Chia Manager, Public Affairs Slock Exchange of Singapore Ltd WE REFER to^the artkrle "C&porate disclosure for SES too?" by Quak Hiang Whai in your Hock Lock Siew column on May 24. Mr Quak raised two questions: first, to what extent the559 words
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Article839 1995-06-10 18 Jurek Martin - Jurek Martin wonders if the Republican Speaker will run for US presidency next year Jurek Martin The writer is the Washington correspondent for the Financial Times of London WHEN a politician, in one week, addresses a chamber of commerce from lowa and then heads off to839 words
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Article, Illustration895 1995-06-10 18 Neville Stack - Neville Stack believes he'll be spending Euro-dollars happily in the year 2000 Neville Stack The writer is a political commentator based in London. He writes regularly for BT IN THEORY, it does not matter what the coin in your pocket is called as895 words
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VIEWPOINT
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Article, Illustration2072 1995-06-10 19 Margaret Thomas - THE RAFFLES CONVERSATION A fortnightly series supported by Raffles Hotel Entrepreneurs are a rare breed, especially in Singapore, says Y Y Wong, founder and chairman of the Wywy Group. He also tells Margaret Thomas why it's wrong to try to protect Singaporeans from the wilder stretches ofPhoto by Chris Loh - 2,072 words
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Article531 1995-06-10 19 ITS POINTLESS to try to shelter Singaporeans from the seemingly dangerous outer lanes of the information superhighway, says Y Y Wong. "Today you cannot control that kind of information. As I keep saying, we mustn't look at pornography and sex and all that sort of thing with 1950531 words
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Article1032 1995-06-10 19 BRITISH trading company Borneo Company knew they had a good thing in Wong Yip Yan. He was just 26 years old when they made him a director, the first Singaporean to reach that level in the stuffy colonial company. Then they sent him to1,032 words
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PERSONAL FINANCE & INVESTMENT
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BULLS EYE
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Article, Illustration522 1995-06-10 20 Those polled on their views of the Singapore stock market for the week ahead: Alliance, BZW, DBS, Fraser, G K Goh, Morgan Grenfell, Nomura, Phillip, S G Warburg and Smith New Court. Buy! DBS Investment Research (June 9) Malayan Credit Among the residential developers, MCL522 words
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Article, Illustration299 1995-06-10 20 Rupa K Bose - Rupa K Bose Vice-president head of India research Merrill Lynch Investment Bank ttrp he Bombay mock I Exchange's 30X share Sensitive Index has moved in a band of 3,000-3,400 in recent months, while many Asian markets have recouped most of their losses since December. We remain underweight299 words
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Article34 1995-06-10 20 Corrections Clarifications LAST week's In My Opinion article gave the writer's firm as G K Goh Investment Research. It should have been G K Goh Research Ptc Ltd. We are sorry for the error.34 words
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Article, Illustration986 1995-06-10 20 Joyce Quek - By Joyce Quek HAVE the skies over London turned from grey to blue? Yes, going by what has happened this month. So far, no less than three well-known companies have made news regarding their London properties. But are attractive yields and bargain prices, which986 words
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Article605 1995-06-10 20 Launch Lib 3 (rt. In 2 m in I""* 3 I* IE IEbU(«aJa),im S 2s.ot.69 .fi i "sli 5 'Tii i B 5 "HI! i sss ill i "s 5 Is i .,1s i ail i B J OCBC Savers CapiUl Fund 27.04.17 9.77 4 8.22 4 J 72 24605 words
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Article, Illustration538 1995-06-10 20 Eugene Law - Eve on the region: Hongkong But the flow of funds may not be sustainable in the short-term, says Eugene Law Eugene Law The writer is research director of Standard Chartered Securities, Hongkong SINCE the beginning of this year, the switching of funds fromSource: Bridge Info - 538 words
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730 1995-06-10 20 Eric Hathaway - It is equally important to realise what the tables do not show, says Eric Hathaway Eric Hathaway The writer is managing director of Micropal Asia Ltd IF you invest in a certain unit trust based only on information you see in fund730 words
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Article1026 1995-06-10 21 Philip Coggan - Philip Coggan chronicles the rise of a small investors' club made up of some very ordinary women Philip Coggan FT WARREN Buffett? Forget him. George Soros? He's history. The real investment gurus are 16 elderly women from Beardstown, Illinois, in mid-western United States. Since theFT - 1,026 words
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Article, Illustration1026 1995-06-10 21 High-quality Ming and Qing porcelain will always be a safe bet THE novice collector about to begin a collection of Asian antiques but is confused by the vast array of items available may like to consider starting with Chinese ceramics. In the1,026 words
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Article, Illustration902 1995-06-10 21 David Lee - More and more Singaporeans are travelling abroad. David Lee says it makes good sense to have a good insurance package in the bag David Lee The writer is an executive with the Insurance Corporation of Singapore Ltd902 words
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Article, Illustration543 1995-06-10 22 SHAHIRON SAHARI - Cinema Review By SHAHIRON SAHARI HEAVENLY Creatures shared the critical honours in New Zealand with the powerfully violent Once Were Warriors last year, which, added to films such as Crush, makes you wonder about what really goes on behind the kind, gentle impression most of543 words
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Article, Illustration1237 1995-06-10 22 Parvathi N Narayan - Parvathi N Narayadoffers some perspectives on the art see scene in New Delhi Parvathi N Narayan The writer is a freelance Journalist who contributed this article to Executive Lifestyle YOU WOULDN'T expect New Delhi to have a burgeoning art scene, but the surprising reality1,237 words
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Article, Illustration599 1995-06-10 23 SUSAN TSANG - Auctions By SUSAN TSANG promises to be pop culture month at Sotheby's in New York, with lots for film buffs in particular. To start with, the auction house will be having a Hollywood and Rock 'N' Roll memorabilia sale on June 10, featuring Uncle Oscar, diverse original movie599 words
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SPORTS
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570 1995-06-10 24 French Open AP PARIS Michael Chang ended Sergi Bruguera's reign as French Open champion, beating the two-time winner 6-4, 7-6 (7-5), 7-6 (7-0) in the semifinals yesterday, and will meet Thomas Muster for the title. Muster, playing the kind of awesome tennis that hasAP - 570 words
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Article, Illustration535 1995-06-10 24 NYT PARIS The favourites punched in, the challengers punched out; the two leading ladies of tennis prefer not to have it any other way. Arantxa Sanchez Vicario, the French Open's businesslike defending champion, and Steffi Graf, a three-time champion Fixated onNYT - 535 words
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Article, Illustration42 1995-06-10 24 Reuter DALLAS Doctors have successfully carried out an emergency liver transplant on baseball legend Mickey Mantle. This file picture of Mantle was taken in Pittsburgh on July 11, 1994, the day before the 65th All-Star game. ReuterReuter - 42 words
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93 1995-06-10 24 AP POTOMAC, Maryland Vijay Singh made the opening round of the Kemper Open look as easy as 1-2-3. Singh birdied the first three holes on Thursday en route to a six-under-par 65 and a tie for the lead with Robert Gamez, who knockedAP - 93 words
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Article69 1995-06-10 24 AFP HAMBURG Germany's Bernard Langer shot a brilliant fiveunder 67 despite the cold, windy weather to lead after the opening round of the Deutsche Bank Open here on Thursday. Langer carded six birdies in a near flawless round. Chasing hard on his heels is ItalianAFP - 69 words
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Article72 1995-06-10 24 AFP GUANGZHOU J uvent us have cancelled their scheduled game against the southern Chinese side, Guangzhou, leading the event's organisers to threaten the Italian club with a lawsuit, a spokesman said yesterday. According to an agreement between the organisers and Juventus, the Italians were committed toAFP - 72 words
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Article, Illustration862 1995-06-10 24 Ruebv World Cup quarter-finals AP UPI JOHANNESBURG Chester Williams knows a little about pressure. As the only non-white on South Africa's traditionally white rugby side, he has felt the spotlight. And he insisted on Thursday the Springboks are thriving on the pressure of enormous public expectationsAP; UPI; Reuter - 862 words
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616 1995-06-10 24 NBA Finals NYT ORLANDO, Florida The Orlando Magic learned how quickly a game can slip away, especially against the Houston Rockets. Can Orlando recover quickly? Or will the Rockets continue their uncanny road success during the playoffs? Those questions will beNYT - 616 words
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Article, Illustration51 1995-06-10 24 C ARPENTRAS, Froa Criterium du Daupfeine 4th stage (205 km froa Gailherand-Granges) on TkarWay: 1 Richard Virenque (Fra) shr 7min 44sec 2 Alvaro Mejia (Col) same time 3 Miguel Indurain (Spn) s.t. Overall: 1 Indurain (Spn) lOhr 30min 30sec 2 Chris Boardman (GB) at 2:21 3 Vicente Aparicio (Spn)51 words
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Article, Illustration82 1995-06-10 24 POTOMAC, MarjM US$l.4 million (SSI.9 millioa) Kemper Open Ist rri Thmsday (US unless noted): 65 Vijay Singh (Fiji), Robert Gamez 66 Steve Low cry, Wayne Grady (Aust), Jeff Maggert, Mark O'Meara 67 Jesper Pamevik (Swe), Andrew Magee, Tom Kite, Kelly Gibson, Larry Mize, Phil Blackmar, Marco Dawson. HAMBURG Deutsche82 words
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Article, Illustration62 1995-06-10 24 LEEDS Unbro Cm oa Tfc«aday: England 3 (Shennnham 44, Piatt 89, Anderton 90) Sweden 3 (Mild 11, 37, K Andenson 46). Standings (played, m, drawn, loat, (oak for, agaiast, potato* 1 Brazil 2 200 4 0 6 2 England 2 1 1 0344 3 Sweden 2 0 1 162 words
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Article, Illustration15 1995-06-10 24 NEW YORK Tournament of Jansher Khan (Pak) b 2-RcSney Eyks (Aust) 15-5 15-8 15-10.15 words
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Article, Illustration209 1995-06-10 24 PARIS Freach Open semi-finals oa Tfcaradny Women: 1-Arantxa Sanchez (Spn) b 9-Kimiko Date (Jpn) 7-5 6-3; 2-Steffi Graf (Ger) b 4-Conchita Martinez (Spn) 6-3 6-7 (5/7) 6-3. Men's doaMea: 2-Jacco Eltingh/Paul Haarhuis (Ned) b 12- Tommy Ho (US)/Brett Steven (NZ) 6-3 6-0; Nicklas Kulti/Magnus Larsson (Swe) b Jakob Hlasek209 words
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TIME OFF
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Article, Illustration711 1995-06-10 25 Shahiron Sahari - Shahiron Sahari finds out more about the Gipsy Kings from their manager Claude Martinez Shahiron Sahari FOR a GROUP of trueblue gypsies, the Gipsy Kings are a decidedly home-bound bunch. "They're a very close-knit group not just with each other but with their community as well, so they711 words
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Article133 1995-06-10 25 A musical comedy with script by playwright Ovidia Yu. It chronicles the twists and turns in the lives of two local families. The production marks NTUC Income's 25th anniversary and includes a performance by the Shanghai Philharmonic Orchestra. Until June 11. Bpm (with matinee on June 10 A 11133 words
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292 1995-06-10 25 An Evtotag of Asian Foil Songs A programme that include a wide variety of Japanese, Korean, Filipino, Chinese, Malay and Singapore folk songs. June 10. Bpm at the Singapore Conference Hall. Tickets at $21, $16 A $10 are available at Sistic outlets. rr acute ineaire292 words
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Article101 1995-06-10 25 timnhr Am Famous for songs like Lotf in Love, All Out of Love and The One That You Love, Air Supply returns to Singapore as part of an Asian tour which celebrates 20 years in the business. June 12, Bpm at the Harbour Pavilion. Tickets at $100, $85. $75.101 words
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Article, Illustration662 1995-06-10 25 IM wirgman engravings On display are hand-coloured engravings depicting life jiv the Far East in the years from.pen-and-ink sketches and watercolours by British artist Charles Wirgman (1832-1891). Until June 18. at Antiques of the Orient, #02-04, Tanglin Shopping Centre. Pan Shou Caffigraphy Exhfcitieu This exhibition commemorates the award of662 words
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Article238 1995-06-10 25 Feeding Your Kids: How Much is Enough? Mrs Chan-Yam Yoke Yin, Nutritionist from the Food and Nutrition Department, Ministry of Healthy will advise mothers and mothers-to-be on child nutrition. June 10, 2.30pm at Lecture Hall. Jurong East Branch Library. Admission is free. For more details, call Kiranjeet Kaur at238 words
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Article169 1995-06-10 25 Pedigree Championship Dog Show 1995 Not necessarily for dog owners only. This dog show is for all who think that canines are man's best friend. Competition events aim to test dogs on obedience, agility and clearing June 18. 9am at the World Trade Centre Hall I. Entry charges: $4169 words
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Article, Illustration233 1995-06-10 25 YSA Exhibition '95 On display arc works by six artists, selected for the strength and individuality of their expression. Until June 11. 11am to 9pm at the Substation Gallery. Admission isjree. Fo«r And A Half Rebels Forget Philosophy 101, watch this instead. Choreographed by Lim Chin Huat,233 words
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Article149 1995-06-10 25 Toh Yong Choon - Compiled by Toh Yong Choon Sistic outlets are at Forum The Shopping Mall, Ginza Plaza, Junction 8. Liang Court. Raffles City, Scotts. Specialists Centre\ Takashimaya, Cold Storage at Jelita and World Trade Centre. Also at Victoria Concert Hall and the Singapore Indoor Stadium. Hotline: 348-5555. Ticket Charge outlets are149 words
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Epicure
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Article, Illustration825 1995-06-10 26 SUSAN TSANG - Bon Appetit By SUSAN TSANG THERE are hundreds of Sichuan restaurants around, but experts say there is only one that truly captures the true spirit of the Sichuan cooking style. This restaurant is called the Si Chuan Dou Hua Restaurant, and it isn't found in Sichuan but825 words
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Article500 1995-06-10 26 JAIME EE - By JAIME EE I DONT know why, but I always get the feeling that you need to be of a certain age and fashion mindset to step into Pacific Plaza without feeling out of place. It's like, if you're not going to Tower Records, or500 words
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327 1995-06-10 26 JAIME EE - By JAIME EE PURISTS may freak out but those who can't decide between chicken rice and a sandwich for lunch will find the best of both worlds at Hilton Hotel's Intermezzo sandwich bar. In a wacky but wonderful blend of East and West, this327 words
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805 1995-06-10 26 N K YONG - Wine By N K YONG FOR AN eleven-year-old wine company (established 1984) in a tradi-tion-ridden centuries-old wine region whose big names go back as fat as the early 18th century, Olivier Leflaive Freres has attained a high reputation today which is the envy of805 words
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Article, Illustration1015 1995-06-10 28 I Goofy Movie. Goofy takes his j eluctant teenage son on a fish- j ng trip. Yishun: 10.30; 12.30; 2.30; t.30. Bishan: 11.15; 1.15. Pa- j 'ilion: 11.10; 1; 4.45. Woodands: 1; 5; 7. Changi: 5.30. Little Priacess. Luscious stoy about a girl brought up in ndia. When her1,015 words
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Page 17 Advertisements
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Advertisement214 1995-06-10 17 "T= SOli. AGENT: LAKMUM) IMPEX VJY. I.TI), Tel: 75-W%7_ I g r )Co{ a{f wor£s of 18 carat gold and 'chased' with the y r j help of 18th century tools, so no two art that appreciate J timepieces are the same. over time are createo The result is absolute214 words
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Page 18 Advertisements
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Advertisement82 1995-06-10 18 CjuBE^EL /3&JOW OPEN f Membership ai Club ExceJ. A Singapore's Finest Fitness Club. 10 REASpbjS TO b| A MEMBER 1. Great Idtatjion -At thefyuiiction of Scot A anJSfmkard Roatf, just 2. new 4. fully (^quipped 5. Spacioi&ferobicsstudioJ 6. BadmiiQmA)ind Squash courts 7. SwimrnttgsPool/Billiard Room 8. Health&str'*h 9 4 t 'Lounge82 words
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Page 21 Advertisements
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Advertisement65 1995-06-10 21 Christofle Paris im HH HHRp E^l ■■LvxS^^r^J^r Pavilion Christofle The Shopping Gallery, 102-11/12 Hilton International Singapore, 581 Orchard Road, Singapore 0923. Tel 733 7257. Espace Christofle: Robinsons 176 Orchard Road, Level 4, Centrepoint, Singapore 0923. Isetan Scotts Level 4,350 Orchard Road, Shaw House, Singapore 0921 Takashinuya Singapore Basement 2,391 Orchard65 words
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Page 22 Advertisements
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Advertisement208 1995-06-10 22 f y B z. H -^HSB e*m:'/,* *^sfe' 1 1 ———————MBI^—BBBI could be more exciting than a hole-in-one? T radewinds' two-in-one! Hl^||||BH|lHll|Plllßßlllß^^^^^^^^H^^Bßß^^^B two great Australian golfing JJ^|[||||||||||||ißH|Bi^Bßll^^^^^^^^^^^^^W holidays back-to-back. BBllSMMBWWHlllßlMllWlWinilßßßßl^M^^Ml^^^^^^^^^^^^^^^^^^^^^B Imagine yourself teeing off not but seven of Australia's H|HHH|HHH||||^H^^H^^^^^^^^^^^^^HH finest golf courses! Playing in warm-up games leading to the208 words
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Page 23 Advertisements
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Advertisement87 1995-06-10 23 «*V at -j jg Wr |f »j|; I ':< 1 it SS 4... F i. f flu- sn.ikr-. may have two leys ami th« stiaik wea« i«( but the < onC'tP |iimp» in .iiil i• place !<• he harefuot So slip into it pair ot HotrUpo/t* loafers fhoir Vibrant .fit87 words
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Page 26 Advertisements
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Advertisement308 1995-06-10 26 where to wine, dine and ENTERTAIN MB Our Hi Tea at ONLY $9.50 offers you more sumptuous spread of afternoon delights. Indulge in steamy-hot 'dim sum' or delicious home made cakes and pastries. New items like sushi and popiah will also keep you coming back for more Ct& For reservations,308 words
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Page 27 Advertisements
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Advertisement1255 1995-06-10 27 The World's IRSS! Favourite Beer. WHERE TO WINE, DINE AND ENTERTAIN I L WOULD S LARGEST SELLING BEER J J 5 *ilI 4?Jit* 2+ DIALECT HI-TEA Whether you're fluent in many languages or just one, you'll have no problems appreciating our new weekend Dialect Hi-Tea selections at Cafe Plaza. Savour1,255 words
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Page 28 Miscellaneous
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Miscellaneous2124 1995-06-10 28 TODAY'S TV ■Bin Panas (See Mov- 7[30 (SJI tJ" 111, ABN /Sii Mat Yoyo MO Berita Semasa. Sw"tfme barrier River iJ&in, in the Southern bJJT(!&%r i?™ Bfcar M frow Mary and get chased by cowboys in state 7.00 Croat Wonders of tho 12! m NHBorttjjSn'l2. linda_ Bauer and Peter Coyote2,124 words
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