The Business Times, 5 August 1995

Microfilm: NL20016
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 SINGAPORE BUSINESS TIMES MITA(P) 194/12/94 Weekend Edition, August 5-6 1995 WE KKOW ASIA 85*
    14 words
  • Article, Illustration
    Graft probe: PUB suspends deputy CEO
    218 1  -  By Lilian Ang SINGAPORE The Public Utilities Board (PUB) has suspended Choy Hon Tim from his duties as deputy chief executive officer (operations) and director of the electricity department pending an investigation by the Corrupt Practices Investigation Bureau (CPIB). A PUB spokesperson yesterday told
    218 words
  • Article, Illustration
    Lock icon Residential property prices up a mere 1.2% in 2nd qtr
    601 1  -  By Abdul Hadhi SINGAPORE The Urban Redevelopment Authority's benchmark price index for private residential property was almost flat in the second quarter of this year, leading market watchers to predict a drop in prices in the current half. The index,
    Source: URA  -  601 words
  • Article
    Sesdaq sizzles as prices climb and trading volume soars
    367 1  -  By R Sivanithy SINGAPORE Just two days after the Kuala Lumpur Stock Exchange's second board surged, investors were treated to an even more impressive run on Sesdaq yesterday, with gains as high as 70 per cent. The local second board recorded
    367 words
  • Article
    Kotjo said to be first in line to buy controlling stake in L&M
    382 1  -  By Lee Han Shih, William Chia SINGAPORE Guthrie GTS and L&M Group Investments yesterday requested that the suspension of trading in their shares continue on Monday, amid market talk that Indonesian businessman Johannes Kotjo is first in
    382 words
  • Article
    Thai plan to up luxury car tax gets thumbs down
    213 1  -  From Alan Boyd in BANGKOK THE Thai government is targeting owners of expensive cars in its latest plan for solving the Bangkok traffic crisis, with the registration tax on luxury models likely to be doubled. But the initiative, which is
    213 words
  • Article
    Lock icon US$ hits 91.3 yen
    57 1 Bloomberg Business News LONDON The dollar set a 20-week high yesterday against the yen amid talk that US and Japanese central banks would join forces to shore it up. In London, the dollar closed at 91.30 yen against 90.53 before. At 2 pm EDT in New
    Bloomberg Business News  -  57 words
  • Article
    Lock icon Dow down 16.9 points
    67 1 Reuter NEW YORK Stocks were mixed yesterday after the latest US economic data, the July jobs report, failed to provide any clear direction. The Dow Jones Industrial Average was down 16.9 points at 4,684.52 at 2pm EDT. In the broader market at Ipm EDT, advances led
    Reuter  -  67 words
  • Article
    OCBC earnings up 14.8%, UOB manages only 10.4%
    387 1  -  By Alvin Tay, Shiv Taneja SINGAPORE United Overseas Bank and OCBC Bank Singapore's most profitable banks yesterday reported double-digit growth in interim earnings, but received mixed reviews from analysts. While OCBC's 14.8 per cent rise in group net earnings to $264.75 million
    387 words
  • Article
    Untitled
    167 1 Stock nariwt Indices Friday Chance STII 2,110.54 -21.64 KLSEComp 1,071.07 -1.76 Nikkei 16,741.20 -152.51 Hang Seng 9,362.83 -16.89 SET Index 1,358.19 -19.84 Jakarta Comp 513.84 -1.26 Manila Comp 2,898.08 -29.5 Taipei WPI 5,071.89 +20.74 Seoul Comp 917.47 -5.48 Bombay BSE30 ..3,395.17 +23.27 CLSA China B 845.36 -1.11 Aust All Ord
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  • Page 1 Advertisements
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  • SINGAPORE NEWS
    • Article
      IBM plans to pump another US$100m into disk drive plant
      420 2  -  By David Mok COMPUTER giant IBM will pump another US$lOO million (S$ 139 million) into its new disk drive plant here its first manufacturing facility in South-east Asia by the end of next year. A company official said yesterday at
      420 words
    • Article
      China envoy says ties with S'pore growing rapidly
      221 2 CHINA'S new Ambassador to Singapore, Fu Xuezhang, has expressed satisfaction that relations between the two countries have been developing at a rapid pace. He said at his first press conference yesterday that during his tour of duty here, he will be able
      221 words
    • Article
      Need intelligence on Asia? Here's a new electronic service
      286 2  -  By Chan Siew Ling BUSINESSES in Singapore will now be able to access Asia Intelligence Wire (AIW), an electronic database providing economic, political and busi-ness-related news and information on the Asia-Pacific and other regions. The service provider, Chamber World Network (CWN),
      286 words
    • Article
      Hebei to set up representative office here
      276 2  -  By Teh Hooi Ling CHINA'S northern province of Hebei plans to set up a representative office in Singapore this year. Hebei vice-governor Cong Fukui yesterday said: "It will establish contact with businesses here, supply them with information, help companies to invest in Hebei
      276 words
    • Article
      Aussie, S'pore private sectors urged to jointly invest in other countries
      350 2  -  From Conrad Raj in SYDNEY AUSTRALIAN and Singapore companies were yesterday urged to join forces in investing in third countries by their respective trade ministers. Speaking at the launch of the Singapore-Australia Business Alliance Forum or Sabaf, Singapore Minister
      350 words
    • Article
      US open to multi-track approach to Apec free trade
      381 2  -  Washington's Apec envoy-designate lists three objectives for Osaka summit By Vikram Khanna THE US sees the Asia-Pacific Economic Cooperation (Apec) trade and investment liberalisation process as lying "somewhere between do-it-yourself liberalisation... and Gatt-style negotiations," US ambassador-des-ignate to Apec, Sandra KxistofT, said
      381 words
    • Article
      S'pore-India trade up 29% to $1.9b in first half
      219 2 TRADE between Singapore and India grew 29 per cent to $1.89 billion during the first six months of 1995 indicating that this may be a record year. Singapore investment in India was equally robust, with approvals touching 1.51 billion rupees (Ss72
      219 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      270 2 BUSINES S T I ME S TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 If INTERNATIONAL 11 II II I I FACTORY MUTUAL INTERNATIONAL, is the international affiliate of the I I Factory Mutual Group of Companies which represents the world's largest I I I mutual insurer corporations for Property and Business
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      430 2 kt+fmßk m/W Cm*. Earapa m/W Cm*. Buenos Mm 12,04 Stom Auckland 11/06 Cloud). frnaMDMi 28/18 Clou* Chc*o 28/30 Shawn Ban*«* 34/26 Shoimn Mhera 33/18 Sumy HonoMu 27/3* Cloudy B*n( 31/22 Cloud* M 28/16 Cloud* HouMon 27/24 Cloudy Bombay 30/25 Shower* Bonr 25/17 Cloudy Las Vegas 27/27 Sunny Bw* 31/24 Shows
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  • THE REGION
    • Article
      Seven other fast-track power projects face uncertain fate
      478 3  -  The Enron saga From Yogi Aggarwal in BOMBAY THE cancellation of the Enron power project yesterday by the Maharashtra government has once again focused attention on the seven other fast track power projects whose future is now uncertain. Enron is the first
      478 words
    • Article
      Maharashtra move may pull plug on foreign infrastructure investment
      821 3  -  Fran Prem Shankar Jha THE Maharashtra state government's decision to cancel the power project being built by Enron Corp and to suspend all work on phase one may have rung the death knell on India's hopes of attracting foreign investment for
      821 words
    • Article
      Scrapping will not deter S'pore firms, say businessmen
      422 3  -  By S N Vasuki SINGAPORE Singapore companies will continue to beat a path to India despite the sudden cancellation of the Enron power project, businessmen here said. "It is premature to assess the impact and the project may well be renegotiated," said
      422 words
    • Article
      Lock icon Indonesia not ready for early Afta date: lawmakers
      381 3 Government urged to reject proposals to hasten free-trade start to 2000 UPI AFP JAKARTA Two Indonesian lawmakers have urged the government to reject proposals to hasten the start of the Asean Free Trade Area (Afta), because the country is not ready to
      UPI; AFP  -  381 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      31 3 IL m 1 If V Str Ijtmpitamds Take a fresh mew loth at Habitat f»r the latest im furniture and heme furmisbimgi. HABITAT. MARINA SQUARE •It-111, RAFFLES BOULEVARD. SINOAFORE TRL II
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    • Advertisement
      Page 3 Advertisements Column 2
      665 3 OoCBCM OVERSEA-CHINESE BANKING CORPORATION LIMITED (incorporated in thm ftepubltc of Singapore) The Directors are pleased to announce the following 1 UNAUDITED RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 1995 THE GROUP THE BANK 1995 1994 1995 1994 srooo srooo srooo srooo Interest income 1,233,902 904,093 36.5 817,206 708,795 15.3
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  • REGION/WORLD
    • Article
      Japan Cabinet set for reshuffle as 2 key men want to quit posts
      440 4  -  From Anthony Rowley in TOKYO JAPANESE Prime Minister Tomiichi Murayama is expected to announce a Cabinet reshuffle this weekend that centres on changes in the portfolios of Finance Minister Masayoshi Takemura and Foreign Minister Yohei Kono, both
      440 words
    • Article
      Lock icon US House nod a victory for Baby Bells
      114 4 Bloomberg Business News WASHINGTON The US House approved a key amendment to a sweeping telecommunications overhaul bill yesterday, handing an important victory to regional Bell telephone companies. The amendment, sponsored by Thomas Bliley, chairman of the House Commerce Committee, would allow the
      Bloomberg Business News  -  114 words
    • Article
      Lock icon US Job market slackens
      61 4 Reuter WASHINGTON The US job market lost momentum in July, as the unemployment rate edged up and the economy created just 55,000 jobs less than a quarter of the number generated in the previous month, the Labour Department said yesterday. The unemployment rate rose to 5.7
      Reuter  -  61 words
    • Article
      Lock icon Heat goes on speculators
      68 4 Reuter SHANGHAI Shanghai has closed 14 offices of out-of-town brokerages for violating rules on operations of financial institutions as part of a crackdown launched late last year, central bank officials said yesterday. Most were little more than shell offices that operated on an occasional basis, diving
      Reuter  -  68 words
    • Article
      Hanoi plans securities tie-ups
      67 4 HANOI Vietnam, which is inching towards the establishment of a stock market, says it is considering allowing foreign securities firms to set up joint ventures with Vietnamese partners. "To draw on the business management experience of foreign companies it is proposed that... securities joint ventures be
      67 words
    • Article
      Lock icon Manila-Beijing trade pact
      55 4 AFP MANILA The Philippines and China yesterday signed an agreement on exports and imports aimed at doubling bilateral trade to nearly US$l billion (Ssl.4 billion) this year. Trade officials from both sides signed the Protocol of Importation and Exportation at the end of talks here by the
      AFP  -  55 words
    • Article
      Lock icon DuPont to expand In China
      47 4 AFP SHANGHAI US chemical firm DuPont expects to double the number of its plants in China this year and its total investment in the oountry to reach US$3OO million (Ss42o million) soon, said DuPont chairman and chief executive Edgar Woolard yesterday. AFP
      AFP  -  47 words
    • Article
      Lock icon Siemens to set up UK plant
      56 4 Bloomberg Business News MUNICH Siemens AG will build a two billion Deutschemark (Ss2 billion) semiconductor factory in Newcastle, UK. "There was no single reason why we chose Newcastle," said Siemens spokesman Thomas Weber yesterday. "There are two buzzwords: intemationalisation, which is important for us,
      Bloomberg Business News  -  56 words
    • Article
      NZ, Britain keen to tap into Asian boom
      258 4  -  By Kevin Sullivan SINGAPORE Two ministers, one from New Zealand and the other from Britain, yesterday underlined their countries' push to tap into the Asian economic boom. British Under Secretary of State for the Environment James Clappison highlighted the scope for Singapore-UK
      258 words
    • Article
      Lock icon IMF urges caution on further US interest rate cuts
      360 4 Reuter WASHINGTON The IMF has urged the United States to cut its budget deficit more boldly, but counselled caution about further interest rate cuts in an annual review of the economy, international monetary sources said. But the sources, who declined to
      Reuter  -  360 words
    • Article, Illustration
      Lock icon Christopher signs US$12m aid, investment agreements in Cambodia
      340 4 AP Reuter AFP PHNOM PENH US Secretary of State Warren Christopher signed agreements yesterday to extend food and other aid to Cambodia, and to encourage investment by US businesses. Mr Christopher became the first US secretary of state to visit Cambodia in
      AP; Reuter; AFP  -  340 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      323 4 OPENS T0DAY....... officiated by H.E Mr. Soedibyo Rahard jo (Indonesian Ambassador to Singapore) A 1a After five successive years UPACARA PENUTUPAN PAM We are proud, we are prestigious, because we are.. national product, national pride, national prestige is back to Singapore for the sixth time with more participants and range
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  • COMPANIES & MARKETS
    • Article
      UOB lifts profit 10.4% — but operating income is stagnant
      629 5  - UOB lifts profit 10.4% but operating income is stagnant Big banks' interim results By Alvin Tay UNITED Overseas Bank, which celebrates its 60th anniversary tomorrow, has come dangerously close to singledigit growth reporting a 10.4 per cent rise in group interim earnings to $312 million for the six months to
      629 words
    • Article
      OCBC set to make $625m profit this year
      612 5  -  By Shiv Taneja SINGAPORE Announcing a 14.8 per cent increase in group net earnings to $264.75 million for the half year to June 30, Oversea-Chinese Banking Corporation appears to be on target to a full-year net profit of between $625 million and
      612 words
    • Article
      ST Capital raises interim earnings 60% to $7.5m
      206 5 SINGAPORE ST Capital, formerly known as SAL Industrial Leasing, has reported a 60 per cent jump in group net earnings to $7.5 million for the first half of this year. The rise in after-tax profit is much steeper than the 10 per
      206 words
    • Article
      BAT (S) blames smuggled cigarettes for profit fall
      206 5 SINGAPORE Smuggled cigarettes have scorched the bottomline of British-American Tobacco Company (Singapore). The company, which announced a 13 per cent fall in interim after-tax profit to $17.1 million yesterday despite a 9.3 per cent jump in sales to $171 million put the
      206 words
    • Article
      Why HK Telecom's happily in hock
      566 5  -  HOCK LOCK SIEW By Quak Hiang Whai HONGKONG Bankers will be queuing up outside David Prince's office in the months to come. The finance director of Hongkong Telecom early this week hogged the headlines in the Hongkong business press when he launched the first
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    • Article
      Mandarin Oriental to buy 53% of Viet hotel
      254 5 SINGAPORE Mandarin Oriental International has signed a letter of intent to buy a 53 per cent stake in and to manage a deluxe hotel to be built in Ho Chi Minh City, Vietnam. The total cost of the 250room hotel, including land,
      254 words
    • Article
      Sembawang Maritime's profit up 6% despite drop in turnover
      231 5 SINGAPORE Sembawang Maritime Ltd (SML), a listed associate of Sembawang Corp, yesterday posted a 6 per cent rise in its 1995 interim net profit to $15.5 million. The increase in earnings was attained despite a 9 per cent decline in turnover
      231 words
    • Eye on your Stocks
      • Article
        MARKET MOOD
        19 5 For next week s expected market sentiment, see BT's Sentiment Index on EL4 (Personal Finance <£ Investment section)
        19 words
      • Article, Illustration
        HOT STOCK
        97 5  -  -By Paul Leo INNOVEST surged 28 per cent or 16 cents to end the week at 73.5 cents. Buying interest was very strong but other technical factors indicate that a break above resistance at 75 cents will prove to be difficult in the shortterm. Both daily and weekly
        97 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      701 5 NEWS VALUE Residential property price index up just 1.2% in 2nd qtr (pg I) Property stocks already edging down, and trend looks likely to continue. Sesdaq sizzles on volume of 73m shares worth $57m (pg 1) Sesdaq stocks had been neglected too much for too long, but it's over-compensation in
      701 words
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  • SHIPS IN PORT
    • Article
      AT CONVENTIONAL WHARVES
      493 6 Vtssd Voy Kb Barth Arrival Dapartat (S'JSe'iS 1 1/95 J1 alongsde 05.08/0700 (BT) Bermasyarakat 1/95 11 atongsde 05.08/1330 (BT) Tatago Indah 1/96 J1 alongside 05.08/1200 (BT) Tunasjaya 1/95 J1 alongside 05.08/1145 Alana Jaya J2 alongside 05.08/0500 Batam Mali J9 alongside 05.08/2300 Batam Murni J4 alongside 05.08/2300 Buana
      493 words
    • Article
      CONTAINER SCHEDULES
      1590 6 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Rccard drib Ship fry N> Elfc/B* Nri* Frw T« Fr— Aa Ctover 003A 06/2300 2A 04/1700 05/0669 05/0900 28 04/1/00 05/0659 05/0900 3 05/0700 05/1159 05/1400 4 05/1200 06/1459 05/1/00 Hoik) 068 07/0300 2A 04/1700 05/0669 05/0900 2B 04/1700 05/0659
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  • COMPANIES
    • Article
      YHS sells rest of Chun King assets
      40 6 SINGAPORE Listed Yeo Hiap Seng said it has agreed to sell the balance of assets in American can-food maker Chun King, comprising land and building, to Nabisco Inc for US$2.3 million (553.2 million).
      40 words
    • Article
      Vikay moves part of LCD production
      60 6 SINGAPORE Vikay Industrial has moved some of its production work for liquid crystal displays to its manufacturing facility in Bandar Tenggara in Johor to enable it to manage its regional production capabilities more efficiently. It retrenched 95 workers, mainly operators and Malaysians on July
      60 words
    • Article
      Compact Metal's main board date
      20 6 SINGAPORE Sesdaq-listed Compact Metal Industries Ltd will be transferred to the main board on Tuesday.
      20 words
    • Article
      Untitled
      538 6 MaMgMl'prion($) Aug5&7 Mcndaki Gr Fund 1.03 1 06® Singapore Unit Trust 1/5 Cr Fund 108 The Commerce 1.5* 1.67 U06 Asset Mgt Ltd The Savings Fund 1.51 1.60 Unifund 1.43 1.52 Spore Prog Fund 0.63 0.67 UnibomH- 1.05 1.075 S-pore Sec Fund 0.93 0.99xd United Gr Fund! 1.60 1.67 S'porc
      538 words
    • Article
      KL sets out detailed guidelines for foreign fund managers
      434 6  -  From Ho Kay Tat in KUALA LUMPUR MALAYSIA yesterday issued detailed guidelines on conditions that foreign fund managers must meet to set up shop, as well as tax and foreign exchange rules governing their operations. Under the guidelines, a foreign fund
      434 words
    • Article
      Keppel, JSL to post respectable full-year results
      518 6  -  Earnings INSIGHT Rakita Elias By David Mok SINGAPORE Despite a soft big tanker repair market, Keppel Corp and Jurong Shipyard are expected to turn in a creditable set of full-year figures. And this is likely to carry into 19% when added dock capacity
      518 words
    • Article
      S'pore bourse among weakest performers
      264 6 SINGAPORE The Singapore stock market is among the three weakest performers of the 22 developed markets monitored by Morgan Stanley Capital International (MSCI), a division of Morgan Stanley Asia. MSCI's Singapore market index managed to advance only 5.9 per cent by end-July from the beginning
      264 words
    • Article
      Nanyang Press to launch English daily
      261 6  -  Fran Ho Kay Tat in KUALA LUMPUR MALAYSIA'S Nanyang Press has confirmed talk in the newspaper industry that it may soon launch an English language daily. Nanyang, which is Malaysia's largest Chinese language publishing house, has told the Kuala Lumpur Stock Exchange it has
      261 words
    • Article
      Lock icon IBM, Italy's Stet to form global communication alliance
      579 7 Reuter NEW YORK International Business Machines Corp and Italian telecommunications holding company Stet will become global partners in advanced business and consumer services in worldwide communication networks, the companies said on Thursday. The alliance would offer one-stop shopping to corporations for transmission
      Reuter  -  579 words
    • Article
      Lock icon NBC to buy Outlet Communications for US$396m
      379 7 US network also settles dispute with rival bidder Bloomberg Business News NEW YORK General Electric Co's National Broadcasting Co said it agreed to acquire Outlet Communications Inc for US$396 million (*****.4 million), elbowing aside a smaller bidder to strengthen its owned-station group. NBC
      Bloomberg Business News  -  379 words
    • Article
      Ming Pao's ex-chairman defaults on stake payment: report
      294 7 HONGKONG Ming Pao Enterprises' former chairman Yu Pun-hoi has defaulted on his second instalment for the purchase of a stake of about 13.5 per cent in the company from the newspaper's founder, Louis Cha, the Eastern Express reported yesterday. The sale price
      294 words
    • Article
      Lock icon Qantas discovers mistake in foreign ownership estimate
      267 7 Reuter SYDNEY Newly listed Qantas Airways Ltd said a previous foreign ownership notification received by the airline was duplicated, leading to a drop in its estimate of foreign ownership by the close of trade on Thursday. Between the carrier's debut on the stock
      Reuter  -  267 words
    • COMPANY BRIEFS
      • Article
        Lock icon Disney to get US$400m if merger off
        53 7 Bloomberg Business News WASHINGTON Capital Chics/ABC Inc must pay Walt Disney Co a US$4OO million (***** million) fee if the New York-based broadcast company ends its merger agreement to accept another offer. The fee is listed among the terms of the Disney-Capital Cities
        Bloomberg Business News  -  53 words
      • Article
        Lock icon Photo rivals click over new film
        94 7 Bloomberg Business News NEW YORK While Eastman Kodak and Ftyi Photo Film lam bast each other with charges of unfair trade practices, they are quietly collaborating to develop a new generation of camera film. The two companies, along with Japanese camera-makers Canon, Minoltaand Nikon,
        Bloomberg Business News  -  94 words
      • Article
        Lock icon Shareholder sues Zenith over buy-out
        50 7 Bloomberg Business News GLENVIEW, Illinois A Zenith Electronics Corp shareholder sued the company and L G Electronics Corp to block the South Korean company's proposed acquisition of a controlling stake in Zenith. The suit ■claims Zenith failed to seek, a better offer for the shares.
        Bloomberg Business News  -  50 words
      • Article
        Lock icon Apple chief plans stock sell-off
        56 7 Bloomberg Business News CUPERTINO, California Apple Computer chairman Armas Markkula has filed to sell stock valued at U5522.5 million (5531.2 million), as the company gears up to meet a marketing barrage for Microsoft Corp's new Windows 93 operating system, according to the Washington Service, which
        Bloomberg Business News  -  56 words
    • Article
      Lock icon Trafalgar won't bid for Northern
      158 7 Reuter LONDON Hongkong controlled conglomerate Trafalgar House yesterday said it had decided not to make a new offer for regional electricity company Northern Electric. Trafalgar said it had made the decision after careful consideration and it was influenced by electricity industry regulator Stephen Littlechild's review
      Reuter  -  158 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      85 7 p To United Overseas Bank JkZ'jK tSa&MEJrSfo'C i M%- < —> ■> •>— m JF"" inn flsssflfflf :::::::::::H On your 60th anniversary and 1 "m«i i itfiffWß i H M i iiniiiiiiiM iWPiP^g™ H HDQi >>>••■••>•1 ll| Hgt||M| I j|§ .-•--•>»•*- 1 HBBSi a pp p,>>ip > 'i i,r H
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  • FINANCE & COMMODITIES
    • Article, Illustration
      Mixed outlook for greenback
      386 8 DBS Bank weekly currency review US$/DM: THE US dollar slipped in the early part of the week, touching a low of 1.3730 on Tuesday before Federal Reserve and Bank of Japan intervention on Wednesday hoisted it to a high of 1.4040. It then eased to a
      386 words
    • Article
      Rubber prices take off as US$ strengthens
      281 8  -  By Siow li Sen SINGAPORE Rubber trading has suddenly taken off, with prices now up about 4 per cent over Monday's. The market has been sluggish in the last couple of months, with prices falling without a respite until this week. Traders based
      281 words
    • Article
      AIRCRAFT ARRIVALS & DEPARTURES
      1473 8 AIRCRAFT ARRIVALS DEPARTURES nrn ah nm tn QF81 1930 Of82 2065 tmmmm RJ187 0130 Iwilirlm SQ 25 1215 GA890 0205 KL837 1450 KL838 2300 SQ324 2330 kmMmi NZ21 1735 NZ22 1920 SQ286 2040 tMhptni BI42I 1105 SQ182 0915 SQ181 1410 BM22 1210 BM27 1720 BM28 1820 MZ906 1150 MZ907 1250
      1,473 words
    • Article
      Lock icon One in three foreign banks in Japan showed losses last year
      295 8 AFP TOKYO A third of the foreign banks in Japan suffered losses last year and were led by Citibank, National Westminster Bank and Banque Indosuez. A survey by international accounting firm KPMG Peat Marwick also showed that the combined
      AFP  -  295 words
    • Article
      Lock icon World oil prices nudge lower, but outlook still bright
      273 8 Reuter LONDON Weak US petrol markets pushed oil prices slightly lower yesterday, but most analysts were confident that the mildly bullish trend over the past few weeks was not over yet. At 1515 GMT, London September futures for international benchmark North
      Reuter  -  273 words
    • Article
      Lock icon LONDON
      201 8 Reuter LONDON The dollar was higher in early European business on overnight fund buying, but morning dealings are likely to be particularly quiet as the market awaits the US labour report later yesterday. A package of deregulatory steps announced by Japan and joint US-Japan intervention to support the dollar
      Reuter  -  201 words
    • Article
      Lock icon NEW YORK
      91 8 AFP NEW YORK The dollar posted modest gains against other leading currencies except the pound, but marked no significant reaction to slightly higher US July unemployment figures released yesterday. Around 1430 GMT, the dollar was worth 1.3935 German marks from 1.3905 late Thursday and 91.19 yen from 90.50.
      AFP  -  91 words
    • Article, Illustration
      Untitled
      1214 8 Trade-weighted index calculated against Spore's tap 14 trading partners. tor year 1985 US$/S$ forward rates Noon Aug 4 SS Bid ofler 1-month 1.3953 1.3968 2-month 1.3927 1.3942 J-month 1.3902 1.3917 6-month l.3«27 I.3M7 Sourer OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As it Sm m Aug 4 Singapore dollars to
      1,214 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      24 8 For further information on which newsstands cany Her World, Go. Singapore Business, Home Decor, Young Parents, piease cad our Customer Services Section on 1800-749-2577.
      24 words
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  • COMMODITIES & FUTURES
    • Article
      Lock icon Euroyen, Eurodollar end little changed
      1390 9 Reuter SINGAPORE Simex Euroyen and Eurodollar futures ended little changed ahead of the key US jobs data due later yesterday. Trade was dull as investors squared positions at the close of the week. The lead December Eurodollar contract ended at 94.23 against a previous IMM
      Reuter  -  1,390 words
    • Article
      M'sian rubber firms on Chinese interest
      678 9 COMMODITY REPORTS Kuooer KUALA LUMPUR: Rubber prices closed higher but trading was quiet, with talk of some Chinese buying enquiries in the market seen underpinning sentiment. Dealers said there were buying interest from China and some fair quantities were transacted. But dealers were unable
      678 words
    • Article
      Copper stays weak after Chile quake
      61 9 TOKYO Premiums for delivery of copper to Taiwan, Korea and Japan remain weak despite expected delays in shipments of cathode after an earthquake in Chile earlier this week. Premiums are fees paid over the LME price of copper U552,977 (554,138) a tonne at the
      61 words
    • Article
      Europe coffee roasters poorly covered
      59 9 SINGAPORE Some European roasters are poorly covered for their coffee needs from August shipment onwards because of a reluctance to be active after having been burnt by a buying rush in 1994, traders said. Their purchase plans this year also have been impeded by a
      59 words
    • Article
      Posco's productivity plans
      70 9 SEOUL Pohang Iron and Steel Co (Posco) of South Korea plans to boost productivity by improving its transportation network, a company off»- cial said yesterday. To speed intra-Korea movement of its goods, Posco aims to ship 49 per cent of its steel products by sea by 1998,
      70 words
    • Article
      Sumitomo ups stainless foil output
      66 9 TOKYO Japan's Sumitomo Metal Industries said yesterday it will lift production of stainless foil by 20 per cent to 1,200 tonnes a month at its Naoetsu plant in central Japan. The company will invest 200 million yen (SS3.I million) to expand production facilities at the
      66 words
    • Article
      Nippon Mining raises copper price
      45 9 TOKYO Japan's Nippon Mining and Metals Co yesterday raised the domestic sales price of electrolytic copper cathode by 10,000 yen (Ssls4) per tonne to 320,000 yen. Nippon Mining and Metals is the recognised price leader for Japan's domestic copper market.
      45 words
    • Article
      COMMODITY PRICES
      1444 9 SICOM Futures Rvkkw (Mm dMtog as it 5.3tpn) US 1 Contract (S cents/kg) Close Volume Open Month High Low Sell (tonnes) Interest Sep 95 177.50 176.00 176.50 450 1650 Oct 175.00 170.00 174.00 300 1950 Nov 175.00 170.00 174.00 300 2100 Dec 175.00 170.00 174.00 300 It75 Jan/Mar
      1,444 words
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      464 9 BIUUUSnMEi TOLL-TRE^E^?o^^O^H-IBB^^AX^l-|s^^ IN THE MATTER OF THE COMPANIES ACT, (CHAPTER 59) NEW LIANG SENG GARMENTS PTE. LTD. MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of the Members of NEW LIANG SENG GARMENTS PTE. LTD. duly convened and held at 50 Jalan Sultan #07-04 Jalan Sultan Centre. Singapore 0719 on
      464 words
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  • REGIONAL STOCK MARKETS
    • Article
      Australia
      1036 10 11.9 SUPPORT for major resource stocks helped the market gain 0.5 per cent yesterday and draw the interest of overseas players. The All Ordinaries Index finished the day 11.9 points up at 2,153.3. the All Resources closed 17.1 firmer at 1,424.3 and the All Industrials closed up 6.5 at
      1,036 words
    • Article
      Manila
      609 10 -29.5 Share prices closed lower as investors took profit on blue chips and focused on second-liners. 'It's a healthy correction. The market has become a little bit overheated," a dealer said. The PSE Composite Index lost 29.5 points to finish at 2,898.08. Turnover was 2.82 billion shares valued at
      609 words
    • Article
      Taipei
      515 10 +20.74 Share prices finished higher as bargain hunters bought at lows, with electricals and textiles emerging as leading winners. "Confidence was somewhat restored by the takeover of liabilities and assets of the troubled Fourth Credit Cooperative by state-run Cooperative Bank of Taiwan," said a trader. The 321-issue Weighted Price
      515 words
    • Article
      Seoul
      457 10 -5.48 Stock prices continued their downward trend as market sentiment was depressed by the lack of funds and incentives. The Composite Price Index fell 5.48 points to 917.47. Turnover was 24.79 million shares valued at 445.08 billion won. Falls outnumbered rises by 430 to 342 with another 154 counters
      457 words
    • Article
      New Zealand
      280 10 -3.84 Shares were little changed as rising bond yields offset optimism that a number of companies will report good results during the coming six weeks, traders said. Telecom, which is particularly sensitive to bond movements, led decliners. Also down were newspaper publisher Independent Newspapers and lingerie manufacturer Ceramco,
      280 words
    • Article
      Bombay
      95 10 +23.7 Stocks wiped out early losses and finished stronger as investors bought blue chips, discounting news of the Enron project cancellation. 'There was a lot of short covering. It seems the bad news has already been absorbed by the market," said one dealer. The 30-share BSE Index closed 23.27
      95 words
  • WORLD STOCK MARKETS
    • Article
      London
      864 10 +6.8 UK STOCKS rose, hoisted by gains in Inchcape and BAT Industries, and underpinned by stronger bonds and persistent takeover speculation. Advancing electricity and insurance industries also pushed the market higher with the FT-SE 100 Index rising 6.8 to 3,482.4. Shares surged in late trading, tracking a strong open
      864 words
    • Article
      Paris
      142 10 +6.25 French shares ended higher after a mixed response to US unemployment data for July which failed to give a clear steer on US economic growth, traders said. But the market was supported by a rise in bonds and expectations of a German rate cut. The CAC-40 Index closed
      142 words
    • Article
      Frankfurt
      193 10 +0.69 German stocks were little changed as traders were left groping for direction after an inconclusive US jobs report. The DAX Index of 30 stocks closed at 2,236.68, up 0.69 point, after earlier rising as high as 2,242.01. Within the index, there were 22 gainers, five decliners and three
      193 words
    • Article
      Brussels
      166 10 +5.37 Belgian shares remained largely immune from weak-er-than-expected US July jobs data, dealers said, to close 0.36 per cent firmer. The Bel-20 Index ended 5.37 points higher at 1,490.35 after earlier rising more than half a per cent to 1,493.79. A weaker Wall Street start pushed the index only
      166 words
    • Article
      Milan
      135 10 +76 Italian shares ended slightly higher after a flurry of activity in the afternoon enlivened an otherwise subdued session. A strong bonds market performance, which saw the September Liffe contract close at 103.29 with a gain on the day of 69 bps, also helped underpin the bourse. The Mibtel
      135 words
    • Article
      Amsterdam
      81 10 -0.61 Dutch shares ended in a whisper after a slow summer Friday session, hurt by a first batch of weak first half year results, also leading to hesitant trade. The AEX Index ended 0.61 lower at 457.99 points, extending Thursday's fall of 4.76 points from a record high at
      81 words
    • Article
      Stockholm
      120 10 +7.47 Swedish stocks ended higher on falling debt yields and better-than-expected, US employment data, but extremely low trade volumes made the market volatile and clouded the outlook. The OMX Index firmed 7.47 points to 1,684.25. Turnover was 1.77 billion crowns. "The market behaved strangely this week. Friday was just
      120 words
    • Article
      Zurich
      419 10 •6.2 Swiss shares closed lower, again pulled down by losses in Union Bank of Switzerland (ÜBS) bearer shares. Dealers said the weakness of ÜBS put pressure on the whole banking sector, but prices should stabilise npvt wppL The broad SPI Index closed down 2.33 points to 1,861.62. The blue-chip
      419 words
    • Article
      Johannesburg
      343 10 +6.7 South African shares edged higher amid mild support, but caution ahead of the weekend prevented larger gains. Traders said few factors had emerged by the close after gold and Wall Street gains overnight set the early tone. But insufficient interest had surfaced to push shares significantly higher. Gains
      343 words
    • Article
      Toronto
      210 10 -10.4 Stocks fell early as profittakers swept through the market in moderate trading. The TSE 300 Composite Index fell 10.4 points to 4,593.40 on volume of 7.45 million shares valued at C 591.5 million. Declining stocks outpaced advances 174 to 137, with 232 issues unchanged. Toronto C$ +T Abiiibi
      210 words
    • Article
      Untitled
      505 10 Vienna Am 4 Aich ATSI 1038 84 911 Bank Autfna AG 47$ IrrdUanMali 552 12 EVN 1)64 19 Fluifcafca 553 undi I razing 943 4 U>kam 436 4 Maculan Hid VZ 394 10 OMV AO 1037 3 Radr* HnaUith 365 10 VA Tcchnofaue 1203 -2 Vatwnd ACi k 736 9
      505 words
    • Article
      New York
      758 10 -4.58 Stock prices drifted slightly lower in sluggish summer trading as a calm overcame the market following a weaker-than-expected reading on the nations employment picture in July. Analysts said stocks, which followed the wild movements in treasury market early, settled into a narrow trading range. The Dow Jones
      758 words
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  • Article, Illustration
    Lock icon HONGKONG
    2493 11 AFP Reuter HONGKONG Stock S rices slipped a further .2 per cent in lacklustre trading yesterday because of a weaker US market. "Investors are very cautious after seeing the volatile trading in Wall Street in the last couple of days," said a dealer from Crosby Securities. "Wall Street has
    AFP; Reuter; Source: Bridge Info  -  2,493 words
  • Article, Illustration
    Lock icon CHINA
    549 11 CLSA IN Hongkong, the H share index lost 2.06 points to 1,175.69 on turnover of HKSB.S million. Qingling continued to be the star performer, edging up another 1.2 per cent following an 8 per cent gain in the previous day's trading. The petrochemical sector saw a diverse response with
    CLSA  -  549 words
  • Article, Illustration
    Lock icon TOKYO
    2504 11 Bloomberg Business News TOKYO Slocks fell, led by banking and electronic shares, amid concern US job data due later yesterday could send the US dollar lower and threaten Japanese exporters' profits. "People are holding back, waiting to see what will happen in the currency market after the US employment
    Bloomberg Business News; Source: Bridge Info  -  2,504 words
  • Article, Illustration
    Lock icon BANGKOK
    1425 11 Reuter BANGKOK Stocks finished sharply lower on concern over lower trading liquidity, with finance and bank counters leading a heavy late sell-off. The SET Index lost 19.84 points to close at 1,358.19 on sluggish 5.2 billion baht turnover. Losers overwhelmed winners 282 to 59. "The market is very worried
    Reuter; Source: Bridge Info  -  1,425 words
  • Article, Illustration
    Lock icon JAKARTA
    1153 11 Reuter JAKARTA Share prices closed mixed in moderate trading with late modest buying in some second liners failing to lend much support to the market. The Composite Index fell 1.26 points to 513.84 after touching the day's low of 508.91. Ficorinvest rose 400 rupiah to close at 2,200 following
    Reuter; Source: Bridge Info  -  1,153 words
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  • Article
    CLOB INTERNATIONAL
    1942 12 Cr Cr vms J 4 V«l On LartQarte Dt» Dh YU Net M Cm High Um Citiij Safe POOO) Hkgk Low Bayer Seta CV P/E Sail MALAYSIAN STOCKS 490 440 442 442 444 3 0 -2.9 0 2 4513 '2 AMDB 30c 10* 5 1212 I0t 10} 107
    1,942 words
  • KUALA LUMPUR STOCK EXCHANGE
    • Article, Illustration
      Lock icon Stocks mixed as speculative issues come into play
      5922 12 Bloomberg Business News KUALA LUMPUR Stocks closed mixed yesterday, with falls led by Land General Holdings Bhd after the real estate developer reported lower-than-expected earnings. The benchmark KLSE Composite Index fell 1.76 points, or 0.08 per cent, to 1,071.07. The broader Emas
      Bloomberg Business News; Source: Bridge Info  -  5,922 words
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      Page 12 Advertisements Column 1
      109 12 IStop by any Hong Leong Finance or Singapore Finance branch with your share scrips, allocation slips and contract notes. p+riod Flat Effective Rale Receive cull over the counter up to 70V of the currant 1 month 0.9 10 89 0 market value or cap price (whichever is lower). y 2
      109 words
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  • STOCK EXCHANGE OF SINGAPORE
    • Article
      Untitled
      8099 13 I,w Lad Vd Itey UlQMi Dh Mn IW Cap Atg Hlgfc Lot fill J Salt (IN) H%k Ln Bay«r Sdhr O TO imU Pric. INDUSTRIAL AND COMMERCIAL 49« 142 nit AcauSOc 464 -2 127 466 462 4*2 464 215 31 14 9.7 639 6 463 *JP 122 1 A*»HMa5<k 430
      8,099 words
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      Lock icon Sesdaq surprises market players with a 5.6% gain
      1846 14  -  By R Sivanithy SINGAPORE Sesdaq stocks exploded yesterday, drawing attention away from blue chips and Malaysian counters traded on Clob International. Brokers were amazed at the strength of the surge on the second board, which pushed the UOB Sesdaq up 4.97 points,
      Charts by Bridge Info; Source: Bloomberg  -  1,846 words
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      Page 13 Advertisements Column 1
      34 13 FAST RELIEF FROM jjfjH Indigestion causes pain and discomfort in your stomach. Gaviscon acts quickly by forming a protective layer mhp *****5 over the undigested food in the stomach, to relieve indigestion. RELIEVES fffPfflffTHW.
      34 words
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      Page 14 Advertisements Column 1
      372 14 la The Matter af Tto tmjmtm M, V HUM iwto <i put ammm munumna roticc op AffowTmr jus smuTioa •rimccopfwwMML UOUUUTM (CMMTMT VOUMTMY MM IP) IGOH NGHP SUAN. of 336 Sfltfh SM #***** Nm Bridge Cwtra Singapore 0105, NWC No. *****19-H, hereby give notice M 1. The director) ol to
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      Page 14 Advertisements Column 2
      660 14 TOLL-FREE TEL. No. 1-800-741-1883 1 A X "7AI-1298 IN THE MATTER OF THE COMPANIES ACT. CAP. 5* AND IN THE MATTER OF SIN HENG KEE REALTY PTE LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) NOTICE OF RESOLUTION PURSUANT TO SECTION 2W<2) At an Extraordinary General Meeting of the members of
      660 words
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      Page 14 Advertisements Column 3
      407 14 NOTICE NOTICE IS HEREBY GIVEN that, I CHUA CHEE WAI of Blk 18 #13-154 Jalan Sultan Singapore 0719, have applied for a Retail Beer Shop Licence in respect of M/s BLUETRON ENTERPRISE located at 849 Upper Serangoon Road Singapore 1953, and that this application will be considered in Court No.
      407 words
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      Page 14 Advertisements Column 4
      406 14 Singapore Closing Share Prices 04/08/1998 CLOM MW LOW MOM aHh UM IM Ml Ml 74H) 7.4 a 7.40 7.00 r6S» J 111 •>■»■»* a.i* s.oe 3.m ®.ia Dairy Farm O.M O.Nfl O.M O.OM SShSB "KaiMlwe 1.00 0.02 1.07 LOS rnii'iiiin m—owOi oi«—ii i.m i.m 1.04 i.oe Jmmm WMWU OS 0.418
      406 words
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  • Executive Lifestvle
    • Article, Illustration
      Publisher extraordinaire
      1772 15  -  The sequel to Jurassic Park. Salman Rushdie's new novel. Interview with the Vampire. Georee Bush's big book. One man is behind them all Sonny Mehta. Harish Mehta meets the president and editor-in-chief of Knopf Publishing Group Harish Mehta THE CHATTERING literati of New York just cannot help dropping
      1,772 words
    • STRAWS IN THE WIND
      • Article
        Unrepentant
        72 15 YOU've heard of people turning up at the wrong wedding dinner. But how about this couple who sat down at one dinner, ordered drinks and munched on peanuts for a long while before it struck them that they were at the wrong function. When it was discreetly suggested to
        72 words
      • Article
        Carpet caper
        49 15 HOTELS tell horror stories about guests who steal everything from toiletries to table lamps. One hotel recounted how a chambermaid who was changing the bedsheets discovered that a guest had carefully cut a huge square of carpet from under his bed. Presumably, he checked out with it
        49 words
      • Article
        Cut down to size
        57 15 A PARENT who didn't want her son to be too mollycoddled put the boy on the school bus so he wouldn't have to be chaufteured all the time. What she didn't count on was that the other kids took a dislike to the boy and made
        57 words
    • VIEWPOINT
      • Article, Illustration
        Connecting with Charles Wang
        1821 16  -  Charles Wang, chairman and CEO of New York-based Computer Associates International, is a high-tech head honcho who doesn't use e-mail, surf the Net or even have voice-mail. He tells Kenneth James why he prefers to manage the old-fashioned way THE RAFFLES CONVERSATION A fortnightly series supported
        1,821 words
      • Article
        Where technology is put to good use
        378 16 CHARLES Wang's brainchild, the CEO workshop, introduces technology to chief executives in a way that makes sense to them. The results can be dramatic. "Some projects were stopped because CEOs saw the light," Mr Wang says, adding that he can't reveal details "without
        378 words
      • Article
        A man who enjoys the best of both worlds
        1115 16 CHARLES Wang is American, and proud of it. But he hasn't forgotten his roots. "Certainly I am Chinese, there's no doubt about that," he says, eyes crinkling with humour. "If you don't believe, look." He carries on in more serious vein:
        1,115 words
    • Opinions
      • Article, Illustration
        Fasten your seat-belts as Oz plugs into Asia
        906 17  -  LETTER FOA MBBOURNE S N VASUKI ON A recent winter evening, a group of visiting Asian journalists spent some time with the senior faculty of Melbourne University. It was supposed to be an informal affair and the atmosphere was ideally suited for
        906 words
      • Article
        KLSE rules on suspension worth adopting
        362 17  -  Denis Distant SHAREHOLDERS in Sesdaq4isted Electro Magnetics 1992 Ltd (EML) must surely rue their double misfortune that the company should announce a loss and request suspension just before stocks on Sesdaq went through the roof for a variety of reasons. Even more galling is
        362 words
      • Article, Illustration
        What does the URA say?
        232 17  -  LETTERS TO THE EDITOR Thomas Chong I WISH to thank both Trevor Rymell and Steven Lauw for their constructive views on my letter three weeks ago. Like Mr Lauw, I wrote the letter with my children in mind. As a retiree and pensioner with meagre
        232 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS EYE
        • Article, Illustration
          BT SENTIMENT INDEX (Aug 7 -10)
          595 18 Those polled on their views of the Singapore stock market for the week ahead: Alliance, Baring, Credit Lyonnais, Daiwa, Fraser, G K Goh, Morgan Grenfell, Nomura, Phillip and Smith New Court. Buy! OCBC Investment Research (Aug 4) Keppel Corporation. The current price weakness is
          595 words
        • Article, Illustration
          In my opinion...
          478 18  -  Kostas Panagiotou Senior Economist Zalik Securities HE release of the I latest Monthly StaA tistical Bulletin (May 1995) by Bank Negara confirmed that monetary conditions are turning easier as the year progresses, even though the overheated state of the Malaysian economy would require a tighter monetary policy.
          478 words
      • Article, Illustration
        YHS bid saga nearing climax
        700 18  -  THE WEEK By Paul Leo THE next card at the corporate poker game between Quek Leng Chan and Ng Teng Fong has been dealt and the latter has raised the stake by 30 cents to $5 per Yeo Hiap Seng share. The big question in
        700 words
      • Article, Illustration
        Lock icon Soaring demand, shortages and possible price hike make cement firms a solid bet
        893 18  -  The frenetic pace at which development is taking place in Malaysia is proving a boon to cement companies, reports S N Yasuki S N Vasuki THE earnings potential of Malaysian-listed cement companies have never looked better. Companies
        Source: Bridge Info  -  893 words
      • Article, Illustration
        Golf index continues on its slow and steady decline
        468 18  -  But brokers are unsure if club membership prices will remain low, reports Shahiron Sahari Shahiron Sahari GOLF club membership prices continued their slow and steady decline in July, with the Business Times Golf Index falling to its lowest level since it
        468 words
      • Article, Illustration
        Lock icon Learning from financial disasters
        996 19  -  John Train identifies the five most common pitfalls for investors John Train The writer is chairman of Montrose Advisers, New Yorkbased investment counsellors FT OVER the years, the financial world has been full of disasters and catastrophes, from tulipomania (a craze for tulip-growing) and the South
        FT  -  996 words
      • Article, Illustration
        Lock icon Tapping into pockets of opportunity in Japan's stock markets
        792 19  -  Would you consider putting your money into Japan? Donald Turner reports on the prospects facing the United Japan Growth Fund Donald Turner THE macro-view of the Japanese economy is not that encouraging these days. A recent survey of Japanese financial institutions
        Source: United Merchant Banks; Source: Bloomberg  -  792 words
      • Article, Illustration
        Lock icon Modest revival of Thai stocks expected
        890 19 Eve on the region BANKS, finance houses and infrastructure stocks are expected to lead a modest revival of Thai equities in the third quarter, as strong economic fundamentals push aside lingering political uncertainties. But brokers believe that doubts over the performance of Thailand's new
        Source: Bridge Info  -  890 words
    • Article, Illustration
      A good car made better
      831 20  -  Motoring By SAMUEL EE CARS can claim to be as popular as the Toyota Corolla. Now into its fourth decade and with more than 18 million uttits sold, the Corolla is the typical Japanese success story. ■The latest model, the eighth generation Cfirolla, looks set
      831 words
    • Article, Illustration
      Curious antics on the road to hell
      646 20  -  Book Review By CHUANG PECK MING Bombardiers By Po Branson Sicker Warburg $fc0.50, 319 pages SUCKED into the novel right Qpm the start. I mean, how can anyone f*?ist an inviting introduction like this: "It was a filthy profession, but the money was
      646 words
    • Article, Illustration
      Lock icon A walk down memory lane A walk down memory lane
      1094 20  -  Parvathi N Narayan looks in on the Singapore of the '60s at the National Museum's Memories of Yesteryear exhibition Parvathi N Narayan The writer is an artist who contributed this article to Executive Lifestyle THE NATIONAL Museum of Singapore is
      Photo by Chris Loh  -  1,094 words
    • Article
      Monkeying about with Crichton
      575 21  -  By SHAHIRON SAHARI oDNGO, the book, is testimony to MiSad Crichton's ability to spin a good rain. In this 1980 bestseller, the reader is tarved whet is actually a fantastic, farMtched tale, but as in all his best stories, fVichton provides enough twists and tarns as
      575 words
    • Article, Illustration
      Lock icon Keeping time with Timothy Tan
      997 21  -  Goh Hwee Leng meets a lawyer with a watch collection that's valued at more than $200,000 Goh Hwee Leng The writer is a freelance Journalist twtf contributed this article to Executive UfestyHf; TALK ABOUT humble beginnings. Several years ago, when undergraduate Timothy Tan strolled along
      Photos by Chris Loh  -  997 words
    • Article
      A deluge of e-zines
      570 21  -  Weft Sights ■y John Lui 9 John Lui (johnhuQsingnet.com.sg) worfy. in computer administration in Singapore Press Holdings, ONE OF the loudest signs that the Internet no longer belongs to the staid academics and civil servants who created it is the electronic magazine or e-zine. John Labovitz,
      570 words
    • EPICURE
      • Article, Illustration
        A Peranakan family affair
        858 22  -  Bon Appetit By JAIME EE THE NAME "Bibik's Place" seems to say it all. Not the most stylish of names, it conjures up an image of something homey, not slick, but compensating for its lack of sophistication with good intentions. In fact, going to this little
        858 words
      • Article, Illustration
        Sandwich spread
        299 22  -  By SHAHIRON SAHARI WHILE the sandwich will never take the place of rice and noodles in Singapore, it is making considerable progress as a main meal alternative, especially among the more healthconscious individuals. This is not to say, of course, that sandwiches aren't sinfully rich. They often are,
        299 words
      • Article
        The fine art of tasting
        757 22  -  Wine By N K YONG SOME years ago, I watched Fred Dame, Master of Wine and export director of Seagram, taste a white burgundy blind. He sniffed it, took a mouthful, gurgled it in his mouth, gave it a little thought, and said: "Ramonet, probably
        757 words
    • PEOPLE
      • Article, Illustration
        RCL launches new containership
        252 22 IT was all smiles and laughter as Regional Container Lines (RCL) celebrated the launch of Anan Bhum at the Marina Mandarin. The ship is the first of its four high-tech SS7OO- containerships. The 12,700 deadweight tonne ship, costing US$22 million (5530.7 million), was built by specialist
        252 words
    • Article, Illustration
      Cinema
      1060 24 Batmaa Forever. The new Batman Val Kilmer adopts a kid (Chris O'Donnell), and gives him a special suit too. The dynamic duo come up against two villains, the Riddler (Jim Carrey) and TwoFace (Tommy Lee Jones). Nicole Kidman provides a little feminine distraction. Lido: 6.30; 9.30; 11.45pm; 2.30 am.
      1,060 words
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      Page 15 Advertisements Column 1
      254 15 C hristianl )ior V-,. V SOLE AGENT: LAKEWIND IMPEX PTE LID. TA 73«W DCo/ aff cuorJts °f 18 carat gold and chased' with the art t/iat appreciate help oflB,h c ury took 10 no ,wo I timepieces are the same. over time are createcf The result is absolute perfection on
      254 words
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      Page 17 Advertisements Column 1
      110 17 FIRST IN REAL VALUE: GOLF HOUSE PASSES SAVINGS ON TO YOU WITH OUR PRICE CORRECTION POLICY. Mizuno Zephyr 230 metal woods, 185 Each set comes with 4 metal woods and 195 irons. They'll make you play fIS and 9 irons, a bag and putter, and is more like a pro,
      110 words
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      Page 22 Advertisements Column 1
      15 22 Ref. 2990STG SS2.S70.00. #02-09 Raffles Hotel Arcade. Singapore 0718. Tel: 339 3218 Ref. 7790STG SS2.870.00.
      15 words
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      Page 22 Advertisements Column 2
      158 22 butMFLY B F E CONTINENTAL CAFE, RRTAURANT AND BAR SET BUSINESS LUNCH AND DINNER FROM SIS.SO++ HAPPY NOUNS 3PM TO BPM Home-made daily soup Seared Salmon on a bad of Garden Vegetable Tropical fresh fruit with mango ice-cream Salmon Mediae Salad Duck Breast wMh Three Colour Pepper Sauce Apple tart
      158 words
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  • Page 23 Advertisements
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      Page 23 Advertisements Column 1
      609 23 11 czzzzzz* ihmirnw.iii ■IFH M 11n•]isv.7-A«i■*Jjtb L wowlo s largest selling beer J r HtfTl MUM +QIP Mlmm CMP-, mHK 10% iff fir M«k W*«»t j I *S* iff fcrndtt Mutt J I Just spend $500 ond above within 6 months at any of our outofc to qualify for our
      609 words
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      Page 23 Advertisements Column 2
      373 23 WHERE TO WINE, DINE AND ENTERTAIN DIALECT HI-TEA X Mr 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. Savour an array of dialect delicacies and tempting desserts. If that's not enough, our Dialect Hi-Tea also
      373 words
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      Page 23 Advertisements Column 3
      338 23 The Day You Dine At Triple 3. Be Prepared To Have A Very Light Breakfast. Skip breakfast altogether for a sumptuous buffet < at Triple 3, an irresistible spread featuring some > 60 hot and cold dishes, plus tempting desserts. Call _S_ us now to make your reservations at 831
      338 words
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  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      2444 24 TODAY'S TV ■KTTnvsTnrsnH 11 4.00 se»-a-vision. 6.00 See Sunday Schedule. Midsummer Night's Dream, Cinema Cinema Cinema, 2pm, 12pm, Ch 12 TVI comedy Poca-star-crossed lovers and fairy cartoon, 600 AM Morning News, CNN. potions gets the treat- about a beautiful 7-00 Berita Semasa, ABN. ment. Director Elijah Moshin- her quest to
      2,444 words