The Business Times, 28 October 1995
1995-10-28
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The Business Times
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Title Section13 1995-10-28 1 Business Times MITA(P) 194/12/94 Weekend Edition, Oct 28-29 1995 WE KNOW ASIA 85*13 words
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Article, Illustration802 1995-10-28 1 Ho Kay Tat - From Ho Kay Tat in KUALA LUMPUR FINANCE Minister Anwar Ibrahim yesterday took some dramatic measures to deflate some of the speculative bubbles threatening the booming Malaysian economy. Foreign buyers of Malaysian properties, and employers of foreign workers, bore the brunt of theAFP - 802 words
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Article440 1995-10-28 1 Abdul Hadhi - By Abdul Hadhi in KUALA LUMPUR DEVELOPERS and investment analysts yesterday expressed shock at the proposed M$ 100,000 (5555.780) levy on all real estate purchases by foreigners and a flat tax rate of 30 per cent on all capital gains foreigners make on property investments. "It440 words
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438 1995-10-28 1 Conrad Raj - By Conrad Raj SINGAPORE The biggest corruption case in Singapore is getting even bigger with the sums involved having reached a staggering $63 million. This was disclosed in the Subordinate Courts yesterday when the amount involved in the second charge against Choy438 words
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Article67 1995-10-28 1 Reuter NEW YORK Blue chip stocks rebounded yesterday after the government reported a jump in economic growth in the third quarter. At 2 pm EDT, the Dow Jones Industrial Average was up 20.96 points at 4,724.77. But in the broader market, declining issues outpaced advancesReuter - 67 words
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Article147 1995-10-28 1 Friday Change STII 2,105.43 +4.96 KLSEComp 962.64 -4.04 Nikkei 17,337.19 -389.49 HangSeng 9,680.75 -93.73 SETlndex 1,271.41 +1.27 Jakarta Comp 494.47 -2.68 ManilaComp 2,512.34 -29.93 Taipei WPI 4,936.77 -53.80 Seoul Comp 1,001.37 +0.22 Bombay BSE30 ...3,397.68 -10.99 CLSA China B 805.01 -2.76 Aust All Ord 2,067.4 -19.0 FTSE100 3,497.9 -21.7 Avorago147 words
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Article553 1995-10-28 1 Vikram Khanna - Anwar has made some tough choices to steer economy in the right direction, says Vikram Khanna Vikram Khanna Ambidextrous was the word used by a Malaysian TV anchor to describe Malaysia's 1996 budget just after it had been presented by Finance Minister and Deputy553 words
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Page 1 Advertisements
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Advertisement11 1995-10-28 1 v\j «K s Nervous European stockmarkets dash for cover, Pg 411 words
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Advertisement29 1995-10-28 1 Art auctions: eli Beijing gets in on the act More Malaysian budget reports, Pg 3 Economy heads for 8.5% growth next year Private and public sector spending seen slowing29 words
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Advertisement40 1995-10-28 1 Stockwatch: el 5 Rotol offer has potential S'pore News 2 S'poretfsia .5,6 Regional News ...3 Financial 8.9 Work! News 4 fM>W'H J?"* O Profile EL2 Currencies 8 Opinions EL3 Commodities ..9 TVAifestyle ELIO Regional 10,11 Epicure 8 KLSE, SES.. 12-1440 words
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Advertisement16 1995-10-28 1 Hock Lock Siew: p g 5 VA YTL Power shows the way inn 8 "*****1 *****416 words
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Advertisement107 1995-10-28 1 H' ■r H J' jm AL ii' M i £orppwte profile: el 2 f&rebos makes a x< healthy choice I I It takes more than money 1 TO WEAR THE ROYAL OAK. j For the past twenty years, some of the most successful and admir ed men and women have107 words
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SINGAPORE NEWS
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369 1995-10-28 2 Shiv Taneja - Rise suggests pick-up in demand, says analyst By! Shiv Taneja OUTSTANDING debt on credit cards has hit a record, crossing the three-quarter billion dollar mark to $763.3 million at the end of the third quarter. Figures released yesterday by the Monetary Authority369 words
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191 1995-10-28 2 MOBIL Chemical Company's films division has established a Pacific Rim regional headquarters in Singapore. The company said yesterday the regional headquarters, named Mobil Packaging Films International Inc Asia Pacific, would serve customers and support developing business throughout Asia and the Pacific. "Dedicating on191 words
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Article, Illustration155 1995-10-28 2 TEO Ming Kian will take on the appointment of chairman of the Telecommunication Authority of Singapore from Nov 1. Mr Teo, who will also become Permanent Secretary (Communications) in November, replaces Tjong Yik Min, who is leaving for the private sector.155 words
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Article, Illustration442 1995-10-28 2 Christopher Tan - New regional parts distribution centre opened in Singapore By Christopher Tan CHRYSLER of the United States, the world's third largest car ejects sales in Asia to outJtirp its exports to Europe by next year, a company director announced yesterday. Head of PacificPhoto by Arthur Lee - 442 words
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406 1995-10-28 2 William Chia - Br William Chia THE Government of Singapore Investment Corp is investing US$26 million (5536.66 million) in listed Indonesian tapioca-based food and industrial products maker PT Budi Acid Jaya (BAJ). PT Budi said the US$26 million would be invested in the form of406 words
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Page 2 Advertisements
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Advertisement660 1995-10-28 2 A THE MITSUBISHI TRUST AND BANKING CORPORATION (INCORPORATED IN JAPAN WITH LIMITED LIABILITY) Nonconsolidated Balance Sheets Statements of TVust Assets and Liabilities As at March 31,1095 and 1904 As at March 31,1905 and 1994 Million* of Yen Million* of Yen 1996 1994 1999 1994 amvtq ASSETS Cash and Due from660 words
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Page 2 Miscellaneous
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Miscellaneous172 1995-10-28 2 &OTOTC Showers <*er several areas in the late morning and afternoon. Temperature (2533) HU«' o*4 Imm mar CmL ■>»»«*■ 21/11 Oou<*t 17/11 Cloudy AmcMrdvn 19/07 Cloudy cmr—n "15£5 fecMwd Omitr Mm. 19/12 CVxxn Honolulu 27/29 S**"" E2Sf oSS Bon* C** Houwon... 27/15 Cta-y a3 /M Slwwara Bonn 12/07 Cloudy LMVafIM172 words
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Miscellaneous146 1995-10-28 2 27 Hustles con-u^ 28 money •J*"* "gaowrs tmmm DOWN 15 Got up and dressed (6,3) 1 Tart dish (7) 16 Headgear hidden by one's Hoßf 2 Former point entered punc- faithful friend (7) Idy6yEiBWB6y6MMBTI tually 0-4) 17 Cryptic jargon about a Ger- i [sjsi 3 Authorizes coercive econom- man analgesic146 words
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THE REGION
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Article, Illustration954 1995-10-28 3 Ho Kay Tat - Economic Report 95/96 Finance ministry defends ballooning current account deficit By Ho Kay Tat KUALA LUMPUR Malaysia will not slam the brakes on its economy but will steer it to a more sustainable growth path of 8.5 per cent in 1996 after954 words
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368 1995-10-28 3 AFP HONGKONG Flamboyant Hongkong tycoon Albert Yeung has been acquitted of attempting to pervert the course of justice after a magistrate ruled that he had no case to answer, it was reported yesterday. The Independent Commission Against Corruption (ICAC) had accused Mr Yeung,AFP - 368 words
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248 1995-10-28 3 Bloomberg Business News BELJING China has approved a two-year investment plan for its top 902 state firms, leaving thousands of others to fend for themselves, a government official said yesterday. The new initiative earmarks 120 billion yuan (5520.4 billion) for technologyBloomberg Business News - 248 words
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510 1995-10-28 3 BOTH the private and public sector are expected to consume and invest at a slower pace next year in line with macroeconomic measures the government is taking to promote savings and contain inflation. Private consumption growth is expected to ease off to 12.5 per510 words
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Article, Illustration58 1995-10-28 3 AFP BANGKOK A Buddhist monk making his way through a flooded street of the Thai capital yesterday. A total of 231 people have dieS ia Thailand's worst flooding is'decades «usmg3 5 billion baht (Ssl97 million) in damage as the water level m the capitalAFP - 58 words
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204 1995-10-28 3 AFP HANOI Japanese firm Sumitomo Corp plans to build a 300-hectare industrial zone near Noi Bai international airport in Hanoi, a company official said yesterday. A feasibility study has been completed and negotiations are underway with the Hanoi People's Committee, the official said, but heAFP - 204 words
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488 1995-10-28 3 AFP HANOI Nissan Motor Co has signed an agreement to set up a joint-venture car manufacturing plant in central Vietnam, joining a long list of carmakers drawn to the fledgling market here, an official said yesterday. The Japanese company is toAFP - 488 words
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Article, Illustration457 1995-10-28 3 Quak Hiang Whai - Fiwii Quak Hiang Whai in HONGKONG HONGKONG-BASED financial guru Marc Faber dubbed Doctor Doom because of his pessimism reckons the Hang Seng index will slide 40 per cent in the next two years. The index which finished finished 94457 words
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497 1995-10-28 3 Chinese media say smugglers peddling bootleg beer which are sometimes poisonous Reuter BEIJING In a new setback for troubled Canadian brewer Noble China, Chinese media have launched a broad campaign saying smugglers are peddling bootleg Pabst Blue RibbonReuter - 497 words
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REGION/WORLD
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422 1995-10-28 4 Reuter LONDON European bourses ran for cover yesterday, seeking shelter from storms of uncertainty caused by a Mexican peso crisis, its unsettling of the dollar and Wall Street, and the ill-health of Russian President Boris Yeltsin. Domestic factors added to the gloom,Reuter - 422 words
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456 1995-10-28 4 Anthony Rowley - Japan, meanwhile, accuses Merrill Lynch of improper securities trading Reports Anthony Rowley in TOKYO TOKYO stock prices fell to their lowest level in nearly three months yesterday as concerns over the stability of Japanese banks continued to mount among domestic and456 words
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355 1995-10-28 4 JAPAN was likely to continue its security relationship with the US, though the shape and context of the alliance might have to undergo changes, a security adviser to Japanese Prime Minister Tomiichi Murayama suggested yesterday. Speaking to journalists in Tokyo a few days before355 words
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Article1384 1995-10-28 4 AIRCRAFT ARRIVALS DEPARTURES mi tm mm n» .>1 MM» QFOei 1930 QF082 2055 tow RJ187 0130 /MlmM KL843 0555 GA896 0130 SQ025 0650 KL838 2335 K1831 1028 SQ026 2355 MMM NZ021 1735 NZ022 1920 SQ286 ***** tot ton BM21 1105 SQ182 0915 SQ181 1410 ***** 1210 ***** 1720 BI428 18201,384 words
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332 1995-10-28 4 Bloomberg Business News TOKYO Japan's beleaguered manufacturers may be past the worst, with industrial production having fallen less than expected in September and the outlook for coming months looking brighter. Still, do not expect a robust rebound, economists warned. Industrial output dippedBloomberg Business News - 332 words
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Article, Illustration377 1995-10-28 4 AFP SEOUL Former South Korean leader Roh Tae-Woo apologised to the nation yesterday for hoarding a US$65O million (***** million) slush fund, part of which went to current presidential hopeful Kim Dae-Jung. Mr Roh said he had accumulated the money while head-of-stateAFP; Reuter - 377 words
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219 1995-10-28 4 NYT WASHINGTON The Justice Department said on Thursday that it had begun a significant investigation into possible anti-competitive pricing practices in the newsprint industry. Gina Talamona, a spokeswoman at the Justice Department, announced the anti-trust investigation but declined to identify which companies or individualsNYT - 219 words
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171 1995-10-28 4 Reuter SINGAPORE Asia is forecast to become the world's biggest energy consumer by the next century, but power industry officials say the region is struggling to construct the required infrastructure. Projects to boost power capacity in developing Asian countries are being held up byReuter - 171 words
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214 1995-10-28 4 AFP WASHINGTON The US economy grew by an unexpectedly high annualised rate of 4.2 per cent in the third quarter, according to an initial Commerce Department estimate released yesterday. This followed a disappointing 1.3 per cent growth in the second quarter and aAFP - 214 words
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Page 4 Miscellaneous
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Miscellaneous61 1995-10-28 4 /up Got OOT of HIS BOX TH£ S WoTfeWe.Se.ST IN OKE.\ SO 9DEI ,S NOt^l>4G J DOi'T Sou STICK I>)PW N/OUfZ. I NOmCC ,fl 7 OUX4 HOOIC-U3e DO*T V, J )/|T vieße... J/J WWIFAffM LTD, IMI tIH 9540 POONESBURY garry trudeau ■■HE BACKOFF,MAN. J.J.? rrs c_ 1 WR£CONHJSWKKM j.J? ■MB61 words
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COMPANIES & MARKETS
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358 1995-10-28 5 William Chia - By William Chia SINGAPORE The Indonesian consortium involved in the takeover of engineering contractor L&M Group Investments intends to hold at most a 51.3 per cent stake. In a circular yesterday, the takeover parties said they intended to retain at358 words
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Article, Illustration480 1995-10-28 5 Chuang Peck Ming - Operations in the black after just two years Chuang Peck Ming SINGAPORE The Chinese market is on track to become a big money-spinner for Cerebos Pacific Ltd (CPL), famous for its Brand's range of tonics such as Essence of Chicken. Within two years of entry480 words
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327 1995-10-28 5 Michelle Low - Michelle Low SINGAPORE Malayan Credit Ltd will market its 99year landed project Mera Gardens next week at prices that could set new acceptable levels for such leasehold properties. The Bukit Panjang development, to be-completed by 1997, involves 74 terrace houses, two semi-detached327 words
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663 1995-10-28 5 S N Vasuki - HOCK LOCK SIEW By S N Vasuki SINGAPORE Though company officials would not confirm it, it is almost certain that Malaysia's first private power producer, YTL Power Generation Sdn Bhd, will be floated on the Kuala Lumpur Stock Exchange (KLSE) next year.663 words
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Article, Illustration406 1995-10-28 5 Jennifer Lien - By Jennifer Lien SINGAPORE Investors yesterday continued to show little confidence in multimedia firm Aztech a day after Creative Technology's acquisition of US firm Reveal Computer stunned the industry and clipped Aztech's share price more than 10 per cent. Aztech fell another406 words
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314 1995-10-28 5 Bernama KUALA LUMPUR Star Publications (M) Bhd's 14.218 million shares offered for public subscription was subscribed by 51.28 times when it attracted 468,472 applications for 729.041 million shares, it was announced yesterday. Darwis Mohd Daek, director of issuing house MIDF Consultancy and Corporate ServicesBernama - 314 words
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298 1995-10-28 5 Abdul Hadhi - Abdul Hadhi SINGAPORE City Developments has secured another big tenant for its flagship Republic Plaza in Raffles Place. Sources said yesterday Hongkong-based investment house Jardine Fleming signed recently for two floors totalling about 23,000 sq ft in the 66storey office298 words
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EYE on your STOCKS
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Article, Illustration99 1995-10-28 5 Paul Leo - -By Paul Leo For next week's expected market sentiment, see BT"s Sentiment Index on EL4 (Personal Finance A Investment section) OAKWELL Engineering at yesterday's close of 53 cents is a buy. Weekly Relative Strength Index and stochastics are. oversold while daily Moving Average Convergence-Divergence has just signalled a99 words
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161 1995-10-28 5 Bernama KUALA LUMPUR Group pre-tax profit of General Corporation Bhd (GCB) for 4kc half year ended July 31, 1995 dropped by 29 per cent to M 53.639 million (552.02 tell lion) from M 55.156 million Reported in the previous cortes ponding period. The companyBernama - 161 words
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Article, Illustration372 1995-10-28 5 AFP, Reuter KUALA LUMPUR Malaysia's power utility Tenaga Nasional Bbd will reduce power charges for lower-end consumers under a tariff revamp which could see higher electricity rates for all other sectors, news reports said yesterday. Tenaga deputy general managerAFP,; Reuter - 372 words
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COMPANIES
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52 1995-10-28 6 SINGAPORE United Pulp and Paper (UPP) said yesterday that neither any of its directors nor its substantial shareholder, Muda Holdings Bhd, were negotiating with any party to sell their stakes in the company. It also clarified that Muda Holdings had a 35 per cent stake52 words
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Article38 1995-10-28 6 SINGAPORE The former managing director of the Monetary Authority of Singapore, Michael Wong Pakshong, will be joining the board of retailer Robinson Co Ltd with effect from next Wednesday, the company announced yesterday.38 words
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Article46 1995-10-28 6 SINGAPORE Centrepoint Properties has obtained approval from the Stock Exchange of Singapore to issue 2.25 per cent five-year bonds with up to 151,797,375 detachable warrants to buy an equal number of shares. The company will raise $500 million through the issue.46 words
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73 1995-10-28 6 S&GAPORE Trading in 50 million Singapore Airlines (ForeftA) warrants issued by Union Bank of Switzerland will begin on Monday. Trading will be in lots of 30,000 warrants, which expire on Airf 4, 1997- E v «y 10 warrants entitle the holder to receive73 words
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57 1995-10-28 6 Asia Pulp Paper in Sarawak deal Reuter SINGAPORE Singapore-based Asia Pulp Paper (APP) said yjpterday it has formed a joint-venture with Sarawak Timber Iklustry Development Corporation (STIDC) to set up a pulp and Sperimill in Sarawak. The project will be undertaken by Borneo I>3p Paper Sdn Bhd, a joint ventureReuter - 57 words
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384 1995-10-28 6 Quak Hiang Whai - From Quak Hiang Whai GIORDANO International founder Jimmy Lai is further reducing his interest in the Hongkong-listed casual clothing chain. The outspoken tycoon said yesterday he planned to place out 40 million shares with institutions, taking his holding to about 27384 words
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Article, Illustration108 1995-10-28 6 Reuter JAKARTA Indonesians yesterday filling forms on the first day of the initial public offering of the state-owned telecommunications company PT Telkom. The offer marks the first nationwide campaign to beef np the domestic investor base of the ambitious privatisation programmes. Telkom has offered up to 1.4Reuter - 108 words
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170 1995-10-28 6 AFP BANGKOK Thailand's Securities and Exchange Commission (SEC) said yesterday it would allow foreign registered firms with at least 51 per cent Thai ownership to list on the Stock Exchange of Thailand (SET). The move was to make the Thai bourse more attractive toAFP - 170 words
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326 1995-10-28 6 Quak Hiang Whai - Fran Quak Hiang Whai HONGKONG'S largest property group say* it has enough land to protect its profit for the next five years. Sun Hung Kai Properties chairman Walter Kwolc says in the company's latest annual report, released this week, that326 words
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261 1995-10-28 6 SCMP HONGKONG The relocation of the South China Morning Post (Holdings) to new offices led to a revised cost of HKS67O million (SSI23 million), company deputy chief executive Owen Jonathan said. Explaining on Thursday to shareholders at the company's annual general meetingSCMP - 261 words
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Article578 1995-10-28 6 mni I I ini m Oct28A30 Miif Or—Ml Im Mgt MG Spore Premier T! 0.88 0 93<» ""W" MG Asia Premier T 0.90 0.95<® The Commerce 1.51 160 The Saving! Fund 1.46 1.55 CMCWP MVMXHMnt Bank S 1 pore Prog Fund 0.57 0.6lxd citi Global Bond Fd 0.979 0.989— ypo«578 words
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183 1995-10-28 6 Bloomberg Business News HONGKONG New World Infrastructure shares rose 2 per cent to HKS 13.00 (552.38) in a quiet debut yesterday, while most other Hongkong stocks tumbled. The company, known as NWI, was spun off by New WorldBloomberg Business News - 183 words
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342 1995-10-28 7 FT LONDON Germany's Siemens and Motorola of the US, two of the world's largest electronics groups, are to build a semiconductor facility in the US to make advanced memory chips. The joint venture project, which is expected to cost about US$l.5 billionFT - 342 words
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345 1995-10-28 7 New chief of largest Aussie retailer is no stranger to cleaning up big institutions Reuter SYDNEY Neil "Nobby" Clark, the new head of Australia's largest retailer Coles Myer, is no stranger to cleaning up big institutions, having tackled two of the most troubledReuter - 345 words
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293 1995-10-28 7 Bloomberg Business News SYDNEY Australian building materials and petroleum group Pioneer International Ltd said it is seeking to spend about A 51.75 billion (S$ 1.87 billion) on acquisitions and other new investments. The company has a strong enough balance sheet to finance largerBloomberg Business News - 293 words
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196 1995-10-28 7 Bloomberg Business News LOS ANGELES Unocal Corp said its third-quarter profit from operations fell 28 per cent on lower natural gas prices, oil production and refining margins. Earnings before special items declined to US$5O million (Ss7l million), or 17 US centsBloomberg Business News - 196 words
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COMPANY BRIEFS
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Article81 1995-10-28 7 Bloomberg Business News TOKYO Nikon Corp credited strong sales of machines for making semiconductors as well as cost-cutting measures as its pre-tax profit quadrupled in the half-year period to Sep 30. The maker of the Nikon brand cameras posted a profit of 5.093 billion yen (5570.8Bloomberg Business News - 81 words
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Article, Illustration57 1995-10-28 7 Reuter DETROIT In February, Toyota will deliver the four-door RAV4 shown here to North American showrooms in a bid to tap the booming market for sports cum utility cars. With prices ranging from US$l6,OOO (5522,720) to US$2O,OOO, the RAV4 is set to attract younger buyersReuter - 57 words
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65 1995-10-28 7 Bloomberg Business News WELLINGTON New Zealand forestry and energy group Fletcher Challenge's Canadian subsidiary has informed customers it will raise its standard newsprint price by 7 per cent beginning Feb 1. Fletcher will raise the price of 48.8-gram newsprint to US$Bl5 (551,157) a tonne fromBloomberg Business News - 65 words
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Article38 1995-10-28 7 AFP TOKYO Japanese cosmetics giant Shiseido Co said yesterday its pre-tax profit fell 6 per cent from a year earlier to 14.9 billion yen (Ss2oB million) in the six months to September. AFPAFP - 38 words
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FINANCE & COMMODITIES
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434 1995-10-28 8 Quak Hiang Whai - Fro« Quak Hiang Whai in HONGKONG THE Industrial and Commercial Bank of China (ICBC) and Agricultural Bank of China (ABC) have been given licences by the government to operate branches in Hongkong, completing the line-up of Chinese state-owned specialised banks in the434 words
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Article, Illustration375 1995-10-28 8 Catherine Ong - Catherine Ong SINGAPORE Christopher Heath, the man who built up the Far East operations of Baring Securities, has formed a US$5O million (Ss7l million) investment bank targeted at emerging markets. The highest paid banker in the UK in the 1980s, he has set375 words
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Article, Illustration338 1995-10-28 8 DBS Bank weekly currency review US$/«ark Strong selling pressures depressed US$/mark to a lowof 1.3806 on Monday. For the next two days, the US$ edged up slightly before news of Russian President Boris Yeltsin's hospitalisation bolstered the greenback to a high of 1.4115 on Thursday. The338 words
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446 1995-10-28 8 Reuter OSAKA Japan's Daiwa Bank said yesterday it plans to announce a "comprehensive" restructuring plan later this month that it hopes will help repair the damage done by a scandal over losses on unauthorised bond trading. Some analysts thought the moveReuter - 446 words
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378 1995-10-28 8 Reuter JAKARTA Indonesia's rupiah received a jolt in foreign exchange markets yesterday after an overnight attack on the Mexican peso, reviving fears of the rupiah replaying the peso crisis, bankers and economists said. The rupiah later recovered but the dip worried manyReuter - 378 words
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Article322 1995-10-28 8 Reuter SINGAPORE Prices of jet fuel in Asia are set to soar because of seasonal demand from north-east Asia and India and increased orders from Indonesia, which has been hit by a fire at its Cilacap refinery, traders said yesterday. "Even before theReuter - 322 words
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Article194 1995-10-28 8 AFX-Asia LONDON The dollar fell back in early afternoon trading following the release of stron-ger-than-expected US third quarter GDP data. The 4.2 per cent annualised rise in third quarter GDP following a 1.3 per cent rise in the second quarter triggered a "knee-jerk" rally in the dollar to 1.3975AFX-Asia - 194 words
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Article89 1995-10-28 8 AFP NEW YORK The dollar was mixed yesterday in light midday trading, with little reaction to news that the US economy had experienced higher-Ihan-expected growth. Gold lost 40 cents to hit U*****.50 per ounce compared to Thursday. Around 1415 GMT, the dollar fetched 1.3940 marks from 1.3910 onAFP - 89 words
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Article, Illustration1248 1995-10-28 8 Trade-weighted index calculated against 5 pore's top 14 trading partnerj Base year M 3 US$/5$ forward rates Noon Oct 27 ss BU Offer iHDOMh 1.4111 1.4126 2-mo«h 1.40(0 1.4095 Vmonlh 1.4049 1.4064 6-mooch 1.3955 1.3975 Sourer OCBC Source: OCBC FOREIGN CURRENCY WOH IKTE5 As fll Omi «a Oct 27 Singapore1,248 words
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COMMODITIES & FUTURES
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1273 1995-10-28 9 Reuter SINGAPORE Simex Euroyen futures ended softer on some profittaking while Eurodollar futures held steady in range-bound trade. Dealers said Euroyen and Japanese government bond (JGB) futures declined on some profit-taking and the news that Japanese banks may not continue to face higher premiums for borrowingReuter - 1,273 words
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656 1995-10-28 9 COMMODITY REPORTS Rubber TOKYO: Rubber futures rose on short-covering stimulated by strong prices in rut ber producing countries and a drop in domestic rubber stocks. Prices ranged from 1.7 to 2.5 yen per kg higher, with benchmark April closing 2.2 up at 156.4. Trading houses656 words
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Article79 1995-10-28 9 NEW DELHI The government has been cutting down investment in agriculture over the past several years despite its importance to the Indian economy, according to official figures. The agriculture sector accounts for 30 per cent of India's gross domestic product. And two-thirds of India's 92579 words
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Article95 1995-10-28 9 LONDON A large net 8,475-tonne rise in London Metals Exchange warehouse stocks of copper yesterday was attributed by analysts to the recent strong backwardation in the nearby spreads. The US$lOO (SSI42) per tonne premium for cash metal over three-month metal probably tempted producers and consumers with95 words
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84 1995-10-28 9 NAIROBI— Prices for Tanzanian coffee were firm and demand strong at yesterday's fortnightly auction in Moshi. Exporters pegged prices For southern quality AB coffees at an average USSI3O (S$ 184) per 60 kg FOB. Northern ABFAQ was quoted at US$l26 and AAFAQ at US$l5O.84 words
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48 1995-10-28 9 OSAKA The Kansai Agricultural Commodities Exchange said yesterday it has signed cooperation agreements with Chinese commodity exchanges in Shanghai and Zhengzhou, Hunan province. Under the agreement, exchange officials said the three partners will exchange information on commodity prices and engage in personnel interchanges.48 words
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Article1317 1995-10-28 9 SICOM Futures KUDOvf (futures clotlng m at 5.30pm) KUlCmb»rl (Scents/kg) Close Volume Opea Mooch High Low Sett (loooes) Interest Nov 95 218.50 75 5J0 D« 95 215.00 75 2250 Jan 96 213.00 211.00 212.50 75 1025 Feb 96 213.00 211.00 212.50 75 1025 Mar 96 213.00 211.00 212.501,317 words
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REGIONAL STOCK MARKETS
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Article961 1995-10-28 10 •19 SHARES closed lower yesterday, dragged down by a sharp fall on wall Street and continuing anxiety over rising inflation. "You could say there has been a conspiracy of factors exaggerating sentiment," a dealer said. "Industrial stocks went down because of a high level of inflation, added to US961 words
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Article563 1995-10-28 10 •29.39 Share prices fell amid a lack of good news and diluted market liquidity. "Oversold counters are being hounded by more profit-tak-ing. You also have market liquidity continuing to be siphoned off by Fil Estate," said a trader, referring to the November debut of a local property firm in563 words
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Article471 1995-10-28 10 -53*0 Share prices finished lower with all eight major categories falling across the board after investors expectations of money-loosen-ing measures from the central bank were disappointed. "Investors' faith was again shattered as the central bank did not announce the reduction of bank reserve ratios against deposits yesterday evening as471 words
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Article300 1995-10-28 10 •9.58 Stocks declined, led by forestry and energy group Fletcher Challenge, as the overnight sell-off in New York undermined local confidence, traders said. "It's the unsettling influence of the Dow," a broker said of the local market's performance. The Dow Jones shed 1.05 per cent on Thursday, on300 words
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Article413 1995-10-28 10 +0.22 Share prices ended mixed as an early advance prompted by a public apology by ex-president Roh Tae Woo over the slush fund scandal was eroded by late profit taking, brokers said. "Roh's apology triggered a rally, but later profit taking pressure wiped ot the early gain," said a413 words
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Article99 1995-10-28 10 -10.99 Stocks fell amid concern over the weak rupee and duplicate certificates for shares in Reliance Industries brokers said. "The rupee's fall against the dollar and the rumour of fake shares moving in the market has created a panic," said a trader. The BSE 30-share Index fell 10.99 points99 words
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WORLD STOCK MARKETS
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Article736 1995-10-28 10 -21.7 STOCKS closed lower but on an upward track, encouraged by a rally on Wall Street after that market fell initially on a news of faster than expected US economic growth in the third quarter. Wall Street's retracement was partly due to further consideration of a smaller than forecast736 words
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Article145 1995-10-28 10 •11.74 Share prices weakened as equity investors took a less positive view of President Jacques Chirac's statement of support for deficit reduction and the strong franc policy than their counterparts in the bond and currency markets, dealers said. The CAC-40 index was down 11.74 points at 1,742.38. The market145 words
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Article184 1995-10-28 10 •35.76 Share prices closed sharply lower, headed by cosmetics maker Wella, amid falling bonds and concerns about Russian President Boris Yeltsin's health. The DAX index closed down 35.76 points at 2,096.08. The market came under pressure from a steep fall in Wella shares, after tne company issued a profit184 words
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Article191 1995-10-28 10 •10.57 Belgian shares eased across the board, following Wall Street and other European bourses lower. The Bel-20 index of leading shares ended at a session low of 1,413.17, down 10.57 points. Dealers said support should be seen at these levels. Non-ferrous metals stock Union Miniere surprised the market with191 words
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Article477 1995-10-28 10 Oct n ski Asea M7.00 -J.00 Aura 232 OC 4 00 MLuCopco •T.JO -1.00 EkctrotuxB 249.00 -*00 EncaonTdLMABB— 142.00 -4.00 S-E-Bankca 40.00 -0 )0 SKF 122.00 -2.00 Sandvik I21.JO -0.J0 Skandia 163.50 -2.00 Volvo 147 ,J0 -ISO Vienna Oct 27 Aacfc ATX I Ml 09 12.51 Bank Aiutna AO 449477 words
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Article246 1995-10-28 10 -3.74 Dutch shares wrerstill in the doldrums, dealer said, with losses shown right across board. Shares finished weaker behind falling UK and German markets. Dealers said the market was fairly quiet in terms of volume. Philips was the most active share and recovered slightly from early fall as buyers246 words
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Article264 1995-10-28 10 -53.4 Share prices closed lower in quiet trading on the weaker dollar and on negative investor sentiment. The SMI Index was down 53.4 points at 3,026.6, and the SPI Index fell 29.3 to 1,969.31. An analyst said the weaker dollar and negative investor sentiment triggered by turbulence in international264 words
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Article331 1995-10-28 10 -67.2 South African shares ended softer but off their earlier lows as support appeared for the market in late afternoon trade. Dealers said industrials had recovered some of their earlier losses amid late interest, but direction on Monday was likely to be set by Wall Street. But traders said331 words
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Article214 1995-10-28 10 •23.0 The Quebec referendum malaise continued yesterday morning, with Canadian stocks slipping again as nervous investors backed away from the market ahead of Monday's vote. At 1122 ET the index was down 23.0 points at 4,290.0 "People are attuned to the (Quebec) polls," said a broker. "They don't give214 words
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Article619 1995-10-28 10 -18.06 Stock prices turned moderately lower in active trading early as bonds continued weakness hampered the market's bid to stabilise after two straight days of heavy selling. The Dow Jones Industrial Average, which plunged 49.86 points on Thursday, was down 18.06 to 4,685.76 at Ham EDT. The New619 words
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Article121 1995-10-28 10 4*26 Italian shares closed slightly higher after Prime Minister Lamberto Dini survived vote of no-confidence late Thursday, but underlying mood remains cautious as market frets over 1996 budget progress. The Mibtel gained one per cent at opening but later edged down to 9,293, up 26 points, while blue chip121 words
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Article, Illustration2309 1995-10-28 11 Bloomberg Business News HONGKONG Stocks fell on concern that interest rates won't soon be lowered and after US stocks suffered their biggest one-day loss in three months. The Hang Seng Index fell 93.73 points to 9,680.75. About HKS3.6 billion worth of shares changed hands. "Last night was pretty scary,"Bloomberg Business News; Source: Bridge Info - 2,309 words
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Article, Illustration586 1995-10-28 11 CLSA IN Hongkong, the H share index lost 6.43 points to 941.88 on a turnover of HKSS.2 million. Trading continued to focus on the large capitalised counters like Yizheng, Tsingtao, Shanghai Petrochemical and Maanshan Steel. The best performers were Beiren Printing, up 4.8 per cent and Qingling Motors, whichCLSA - 586 words
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Article, Illustration2437 1995-10-28 11 Bloomberg Business News TOKYO Stocks dropped to. a two-month low, led by banks, on concern that Japan's ailing lenders will continue to be buffeted by bad debt and the higher cost of raising money abroad. "Everyone is very worried about the Japan premium," said a trader. "It's hard toBloomberg Business News; Source: Bridge Info - 2,437 words
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Article, Illustration1352 1995-10-28 11 Reuter BANGKOK Stocks moved into positive territory at the dose after spending most of the day on the defensive in line with substantial losses in Wall Street. The SET Index closed 1.27 points up at 1,271.41 on a 4.64 billion baht turnover. Winners led losers 167 to 93. "TheReuter; Source: Bridge Info - 1,352 words
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Article, Illustration1070 1995-10-28 11 Reuter JAKARTA Shares finished lower as the market remained focused on Telkom's initial offering, brokers said. The Composite Index fell 2.68 points to 494.47. Yesterday's fall was partly due to selling of blue chips like Indah Kiat, Astra Internasional and Semen Gresik. Indah Kiat fell 75 rupiah to 2,225Reuter; Source: Bridge Info - 1,070 words
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Article1764 1995-10-28 12 Gr Cr 1IM Ijk V«| Day Ltft QhM Dir DK YU N«t M C«f Higk Law StM Caapaay S«ta W- CMS) H%h U. Bay- W CV P/l %mU 'jy'S" 50c JM undl 320 346 Ml 326 321 JO -29 0.3 336 4 127 77.J 5001 AMDB 50c 10-31,764 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5795 1995-10-28 12 Bloomberg Business News KUALA LUMPUR Stocks fell, led by property companies, after the Finance Minister announced measures to slow economic growth by reducing government investment and controlling consumption. Analysts said the measures contained in the 1996 federal budget will hurt company earningsBloomberg Business News; Source: Bridge Info - 5,795 words
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STOCK EXCHANGE OF SINGAPORE
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Article7650 1995-10-28 13 Cf Gr M Wl ■«M Lui Vd Da* Lm Qaett (N« DhYM N« Cap Afg High In Sim Caapaa? Sale W- CM!) High Lot Bayer Sefcr CV P/l *3 Mm MDUSIKUL and commercial 210 177 1251 Acer 50c US 171 -2 69 I»» 171 177 IM JJ' 294' 490 311*7,650 words
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Article, Illustration1844 1995-10-28 14 R Sivanithy - By R Sivanithy SINGAPORE All eyes in the stock market yesterday were turned towards Malaysia, where the government announced its federal budget in the late afternoon. However, although there was an early flurry of activity in Malaysian blue chips possiblyCharts by Bridge Info; Source: Bloomberg - 1,844 words
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ISEAS Trends
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Article, Illustration734 1995-10-28 15 Arvind Kala - Regional perceptions of the United States Indian governments might appear anti-American, but the Indian people are not. Arvlnd Kala examines the paradox Arvind Kala Arvind Kola is with the New Delhi-based organisation Asian Scan. INDIA and the US are the world's two largest democracies, but since734 words
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Article, Illustration997 1995-10-28 15 Richard Halloran - Richard Halloran looks at how America is responding to Asian concerns about its waning regional security role Richard Halloran Richard Halloran, formerly with The York Times as a military correspondent in Washington/md foreign correspondent in Asia, writes about Asian security from Honolulu. FOR997 words
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1319 1995-10-28 15 Sorpong Peou, Leonard C Sebastian - The danger of the United States pushing the process of democratisation without understanding the political contexts of developing societies can encourage an anarchical environment, say Sorpong Peou and Leonard C Sebastian Sorpong Peou, Leonard C Sebastian Dr Sorpong Peou is a Research Felbw, and1,319 words
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Article, Illustration1187 1995-10-28 16 Yeap Soon Beng - The Internet and the global media are at the forefront in effecting greater political space within Asian states. Yeap Soon Beng ruminates on this phenomenon Yeap Soon Beng Dr Yeap Soon Beng is Sub-Dean with the School of Communications Studies, Nanyang Technological University, Singapore.1,187 words
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Article, Illustration1278 1995-10-28 16 Stephen Leong - The distracting domestic political agendas of the United States and Australia have brought a new sober reality to the notion of economic co-operation in the Asia-Pacific. Stephen Leong analyses the issue Stephen Leong Dr Stephen Leong is Director of the Centre for Japan Studies,1,278 words
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Article, Illustration1091 1995-10-28 17 Nick Freeman - Several factors are conspiring to make Vietnam a less attractive place for the international investing community. Nick Freeman examines the issue Nick Freeman Dr Nick Freeman is a Research Fellow at the Institute of Southeast Asian Studies. AT the recent opening address to the National Assembly1,091 words
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Article, Illustration1696 1995-10-28 17 Syetarn Hansakul - Syetam Hansakul takes a close look at Thailand's current account and comes up with some interesting insights Syetarn Hansakul Ms Syetarn Hansakul is a Visiting Fellow at the Institute of Southeast Asian Studies. AS Thailand enters its ninth year of real GDP growth of 8 per1,696 words
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Article, Illustration790 1995-10-28 18 Samuel C Y Ku - Samuel C Y Ku analyses whether Taiwan has bitten off more than it can chew in striving for a diplomatic breakthrough in South-east Asia Samuel C Y Ku Dr Samuel CYKu is Associate Professor at the Institute for Interdisciplinary Studies, National Sun Yat-sen University, Taipei. IN790 words
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1647 1995-10-28 18 Mark J Valencla - Mark J Valencia advocates the establishment of a financial institution to cater to the unique needs of the region Mark J Valencla Dr Mark J Valencia is a Senior Fellow in the East-West Center, Honolulu, Hawaii SHOULD North-cast Asia have its own development bank?1,647 words
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161 1995-10-28 18 v ':r THE Institute of Southeast Asian Studies will hold a conference on' Strategic Concepts and Strategic Cultures in East Asin and Europe" on Nov 10-11 at The Regent Singapore. This will be staged In collaboration with the Stiftung Wissenscbaft and PoHtik (Foundation for Scfencc161 words
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Article, Illustration763 1995-10-28 18 Derek da Cunha - Derek da Cunha pours cold water on some assumptions underlying the utility of arms registers Derek da Cunha Dr Derek da Cunha is a Senior Fellow at the Institute of Southeast Asian Studies, and is Editor of Trends. Confidence-building and conflict prevention are key buzzwords and apparent763 words
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Page 5 Advertisements
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Advertisement13 1995-10-28 5 Asia's corporate giants: %A healthy choice %Team player with the golden touch, EL213 words
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Advertisement186 1995-10-28 5 NEWS VALUE Pre**- Hatoysiae torfgrt uaim pnumn m icmaq (pg 0 Broadly negative for stocks, particularly those in the property sector. LAM takeover parties plan to boM 513% stain at nest (this pg) Largely academic. But the high share price may not be sustainable in the short-term. CieaMve't Reieal deal186 words
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Advertisement121 1995-10-28 6 The m&Br Central Property Investmen^^M SOUTH I mm Harrods i kit Bin VnBIIHII^Z H Hi 'II iM^Elfil^lKUlllll yKm mw C -mm- \I- Pfc B9RfBI!HHf|H| pMiBBi naiiiiiMH wmm 15 COURTFIELD GARDENS 19/23 EGERTON GARDENS South Kensington Knightsbridge London SWS London SW3 Approx 2,000 metres from Harrods ■*00 Just 500 metres from121 words
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Advertisement13 1995-10-28 7 From 29 October, Silk Air introduces daily flights to Yangon departing at B.loam.13 words
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Page 8 Advertisements
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Advertisement49 1995-10-28 8 You may have been unable to get your Business Times. Straits Times, Sunday Times, LianHe Zaotoao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daly copy, cat Customer Services Section on 1800-749-2577, and ask for home or office delivery service.49 words
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Page 9 Advertisements
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Advertisement333 1995-10-28 9 B U S I N E S Si NOTICE INTERNATIONAL FRANCHISE PTE LTD (la Mooters' Votantartty Liquidation) At an Extraordinary Ocncral Meeting of International Franchise Pie Ltd held on 24th October 1995. the following special resolutions were duly passed:1. That the Company be wound up voluntarily and that Mr Tan333 words
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Advertisement20 1995-10-28 9 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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Advertisement9 1995-10-28 10 SOUTH AFRJCA fctfOßE m HH RHINOS HJPPOS.^BIIS ■ananas nTvd9 words
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Advertisement45 1995-10-28 11 Celebrating Singapore's Enterprising Spirit Be part of the Enterprise 50 list A ranking of the fifty most enterprising, privately-held local companies. Come forward and claim your place on the list It's an honour. Call the Enterprise 50 hotline 290 8998 for a nomination form. BusmessDmes45 words
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Advertisement16 1995-10-28 12 A quick look at the markets. For Financial News, call 1900-913-0001, at 30 cents a minute.16 words
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Advertisement38 1995-10-28 13 Indone«ia TkailanJ Sckroders offices are in touch witli all tlie major markets. Find out more .tout tke SckroJer South Ee.t A,i« FuuJ, tke SckroJer Singapore Tru.t anj tke SckroJer WorlJwiJe Property FunJ by celling 534-4288 or (ex 536-6626.38 words
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Page 14 Advertisements
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Advertisement622 1995-10-28 14 Stock code number for Quick Stock Portfolio Manager service and real-time stock info. Call 1900-913-0003 at 30 cents a minute. t AMTEK ENGINEERING LTD l@J (Incorporated in Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Fifteenth Annual General Meeting oI AMTEK ENGINEERING LTD win622 words
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Advertisement283 1995-10-28 14 BLJSI N E S S M THE MATTER Of THE CO—TAKES ACT, CAT.OO AMD MTHtMATTOIO* OMV MVESTMENTO PTELTD (In Mamtoaro* Voluntary Uqukiatton) NOTICE OF FMAL MEETMO NOTICE IS HEREBY GIVEN tmt pursuant to Sactton 308 ol tha Companm Act. Cap. 90, Vw Final nl a. nil rsA Hi m MllOfig283 words
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Advertisement177 1995-10-28 14 >wp»iii Closing Share PrkM 27/10/1996 CLOW PM* LOW IMN IM IM UN IM W Hi ail I Ml iM MO **0 1.70 1.70 LOO *.70 Dairy Fan* o*l o*4o o*oo Ml NMQImno LmO 1.77 1.70 1.70 1.70 Maatfarta OiUiHal I*7 I*7 I*o I*7 JaDii nmgli Wmrmrn 00 OJI o*oo o*o177 words
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Page 16 Advertisements
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Advertisement96 1995-10-28 16 The Institute of Southeast Asian Studies was established as an autonomous organisation in 1968. It is a regional research centre for scholars and other specialists concerned with modern South-east Asia, particularly the many-faceted problems of stability and security, economic development, and political and social change. The Institute is foverned by96 words
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Page 17 Advertisements
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Advertisement353 1995-10-28 17 PUBLISHED HI 1 EMERGING CIVIL SOCIETY IN THE ASIA PACIFIC COMMUNITY m r edited by Tadashi Yamamoto > r r. This volume lists all major research institutions, foundations, I and non-governmental organizations in fifteen Asia Pacific j. countries Australia, Canada, China, Hong Kong, Indonesia, Dp if r n z" 1353 words
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Executive Lifestyle
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Article, Illustration1823 1995-10-28 19 Iola Lenzi - The art auction business in China may be only a few years old but trade figures are already running in the tens of millions of US dollars. Lola Lenzi reports on the passionate competition taking place in the country's sale-rooms Iola Lenzi The writerDesign by Jennifer Chua - 1,823 words
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STRAWS IN THE WIND
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Article34 1995-10-28 19 HERE'S another OJ line: If he started a limousine service, what do you think his sales pitch would be? "We take you to the airport and back with time to kill."34 words
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Article28 1995-10-28 19 PEOPLE in Quebec, who have long talked about splitting from Canada, will vote on it soon. The separatist's motto: "If at first you don't secede..."28 words
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Article35 1995-10-28 19 THE United Nations birthday party was called the largest gathering of world leaders in history. By contrast, could the recent Clinton-Yeltsin meeting be described as a gathering of the largest world leaders?35 words
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Article38 1995-10-28 19 HERE'S a riddle for Windows9s fans from Internet: How many Microsoft technicians does it take to change a light bulb? Answer: Three. Two to hold the ladder and one to hammer the bulb into a faucet.38 words
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Article32 1995-10-28 19 HERE'S another. How many Microsoft engineers does it take to change a light bulb? Answer: None. Bill Gates will just redefine Darkness (TM) as the new industry standard.32 words
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CORPORATE PROFILE
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Article, Illustration2355 1995-10-28 20 Chuang Peck Ming - Asia's corporate giants Cerebos Pacific Ltd believes in keeping trim and fit. Having dropped its less productive pizza restaurant chains, the group has decided to focus on high-margin health products and branded foodstuff. Chuang Peck Ming gets the details from outgoing MD Jim Skinner ChuangPhoto by Chris Loh - 2,355 words
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751 1995-10-28 20 JIM SKINNER appears to have the golden touch. Under his charge, the Australian and New Zealand divisions of Cerebos Pacific Ltd were the group's biggest money spinners together they accounted for over two-thirds of revenues and earnings. When he moved in 1990 to Cerebos'751 words
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OPINIONS
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Article, Illustration742 1995-10-28 21 S N VASUKI - LETTER FfOM TORONTO S N VASUKI The writer, a BT correspondent, was in Toronto recently IF PARTITION conjures up images of pitched street battles and bloody military manoeuvres, Canada does not look like a country that is on the verge of losing Quebec. In a742 words
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649 1995-10-28 21 Nagaharu Hayabusa - *1 Nagaharu Hayabusa The author is an Asahi Shimbun senior writer specialising in economic issues WITH only a few weeks to go before the opening of the Asia-Pacif-ic Economic Cooperation (Apec) forum in Osaka, members remain divided over the key issue of liberalisation of649 words
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Article, Illustration162 1995-10-28 21 Myiat Soe, Mohamed Abdullah, Y C Yang, S Selvaraj - LETTERS TO THE EDITOR Myiat Soe, Mohamed Abdullah, Y C Yang, S Selvaraj WE refer to the item in your "At the Bar" column under the sub-heading "Firm breaks up" (BT, Oct 19). Your report is inaccurate in the following ways: 1. It gives the reason for162 words
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136 1995-10-28 21 Denis Distant - Denis Distant COULD the Stock Exchange of Singapore please clarify their practice on the timing of cum and ex bonus issues trading dates? In the case of Acma Ltd, trading on a cum bonus basis started on Friday, Oct 20, and136 words
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PERSONAL FINANCE & INVESTMENT
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Article, Illustration611 1995-10-28 22 Those polled for their views on the Singapore stock market for the week ahead are: Alliance, Credit Lyonnais, GK Goh, Morgan Grenfell, Nomura, Phillip, Baring, Daiwa, SG Warburg and Smith New Court. BUY! Keppel Securities OCBC (Oct 25). The group is expected to have strong leadership and management611 words
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Article, Illustration433 1995-10-28 22 John Lilley - John Lilley MMS International Director, analytical operations, Asia-Pacific 4 4 Vl" OST econo- mists will agree IYJ. that it is desirable for the Fed to conduct monetary policy in a pre-emp-tive fashion. The considerable lag between a policy action and its impact on the economy necessitates a433 words
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Article, Illustration605 1995-10-28 22 Lee Yoke Har - THE WEEK Mmiil Counter trading near upper end of historical price earnings ratio, one analyst says By Lee Yoke Har SINGAPORE Airlines posted a 13.5 per cent increase in interim profit this week yet the market greeted the result with a share605 words
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754 1995-10-28 22 WHILE most stockbrokers are staying shy of the shiprepair sector, Vickers Ballas Investment Research is upgrading the sector, anticipating a recovery by the second-half of 1996. In an October report on the shiprepair sector, Vickers said that the tanker market is on an upturn754 words
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496 1995-10-28 22 Bloomberg Business News THE New York stock market is going to have another good run and rally up to 15 per cent next year, said Arthur Micheletti, investment strategist at Bailard, Biehl Kaiser, an investment firm in California that manages funds ofBloomberg Business News - 496 words
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Article, Illustration1080 1995-10-28 23 Chan Siew Ling - Growth potential on top of good PE ratio may give stags cause to pause By Chan Siew Ling WHILE analysts are divided on trading strategy, many say Sesdaq-head-ed coatings specialist Rotol Singapore looks a good buy, given its attractive price-earn-ings ratio of 9.5 times. Indeed,1,080 words
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547 1995-10-28 23 R Sivanithy - By R Sivanithy INVESTMENT adviser David Fuller believes that although most Asian stock markets have been quiet lately, the overall picture is still a bullish one. In his latest newsletter dated Oct 20, Mr Fuller says: "Although most of these markets have547 words
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Article658 1995-10-28 23 Deposit amount 1-mlh 3-mth 6-mth Bank of China MSKBBRRK$BB& 25,000-249.999 5.4400 5.7500 5.8800 A$ 250,000 500,000 5.5600 5.8700 6.0000 10,000 49,999.99 6.7500 6.7500 6.7500 50,000 A Above 6.8125 6.8125 6.8125 500,000 2,499,999 7.5000 7.8800 8.2600 Dnk 2.5 mil 4,999,999 7.6300 8.0000 8.3800 10,000 49,999.99 3.3125 3.3125 3.3125 50.000 A Above658 words
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Article, Illustration907 1995-10-28 23 Eye on the economy: Hongkong THE HONGKONG market continued to tread water this week, unable to break out and surge past the 10,000 level. The reasons for the stalemate are simple. The indicators on both the economic and political fronts are confusing.Source: Bridge Info - 907 words
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Article, Illustration880 1995-10-28 24 Corinne Kerk - Corinne Kerk checks out the exclusive lines of furniture marketed by Limited Editions, which will be holding an exhibition at Lane Crawford Corinne Kerk FOR THOSE of you who think that Jaguars are something you either drive or harbour as illegal housepets, well, it's time880 words
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Article, Illustration878 1995-10-28 24 Jay Khosla - Jay Khosla takes a look at the work of Christian de Portzamparc, the first French architect to be awarded the prestigious Pritzker award Jay Khosla The writer is a freelance journalist who contributed this article to Executive Lifestyle SAY "PRITZKER" in a crowd and878 words
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Article, Illustration1076 1995-10-28 24 P Y Van - P Y Van encounters two curious cuttlefish and explores a plane wreck in the waters off the east coast of Peninsula Malaysia P Y Van PULAU AUR, located about 35 nautical miles off the east coast of Peninsula Malaysia, is1,076 words
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Article, Illustration716 1995-10-28 25 Kenneth James - WellSiehts By Kenneth James TODAY'S wired world has created a modern version of an age-old dilemma for parents. They want their children to explore the wonders of the Internet. But is it safe to let them loose in largely uncharted territory? It's a vexing question. Satisfyingly,716 words
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Article, Illustration515 1995-10-28 25 KEVIN SULLIVAN - Book Rwnw By KEVIN SULLIVAN The Tent Of Orange Mist By Paul West Simon Schuster 263 oases S$ 18.50 before GST PAUL WEST's fictional account of Nanking under the Japanese is a stylish examination of political violence and the self-sustaining malevolence of surviving victims, a grotesque and515 words
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EPICURE
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Article, Illustration789 1995-10-28 26 JAIME EE - Bon Appetit By JAIME EE HERE'S a quick test for you to do ne*t time you're out for Sunday Branch and want to determine the "breed" of your fellow brunchers. Ju*t amble up to the fresh oyster section and see if half a dozen peaple don't789 words
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637 1995-10-28 26 DONALD TURNER - By DONALD TURNER IT-SEEMS entirely natural for seafood to play an important role in the cuisine of an island nation such as this. 5 So it is hardly surprising that a seafood-based menu in the Mediterranean style should be received with such gusto637 words
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763 1995-10-28 26 N K YONG - Wine By N K YONG ON ONE's first visit, Manfred Pram can appear quite formidable. As with most top growers, visits are only by appointment, and although the welcome is very gracious and courteous, he seemed quite unapproachable. But this initial impression is quickly763 words
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PEOPLE
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Article, Illustration220 1995-10-28 26 IS AN egg tart an egg tart by any other name? The popular St Honore Cake Shop has changed its name to Chantilly Cake Shop, but the egg tarts will still be the same, it promises. Chantilly Holdings Pte Ltd managing director Hemi Yip. decided220 words
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Article, Illustration972 1995-10-28 28 Assassins. Hit man Sly Stallone wants to quit. But he must deal with a young hopeful. Lido: 11; 1.30; 4; 6.30; 9.15; 12. Capitol: 11; 1.30; 4; 6.30; 9.15; 11.45. Republic, Woodlands, Hougang: 1; 3.30; 6.30; 9.15; 11.45. Chinatown: 11; 1.30; 4; 6.30; 9; 11.30. Changi: 11; 1.30; 4;972 words
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Page 19 Advertisements
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Advertisement196 1995-10-28 19 C liristianDior s SOli: AGENT: LAKE WIND IMPEX PTF. LTD. U. 7MIK7 OCo/ aff wor£s of 8 carat gold and 'chased' with the z y/~ help of 18th century tools, so no two art that appreciate timepieces are the same. over time are created The result is absolute perfection OU196 words
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Page 21 Advertisements
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Advertisement32 1995-10-28 21 I THE BEST OF MIZUNO FOR SUPERB VALUE. 1 Big Metal Woods come in a classic MIZUNO GREAT L pear shape, the traditional look I Prices inclusive of G.S.T. While Stocks last!32 words
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Page 22 Advertisements
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Advertisement89 1995-10-28 22 AN INVITATION TO EXPLORE FOREIGN MARKETS. Make time on your agenda to go regional. Venture into the markets of Bangkok, Bali and Phuket and enjoy substantial gains in the purchasing department. Cairns Laos 3N Cairns EZ Pack From $799 4/5 D Vientiane/ FtuclD 3008 Luang Prabang EZ Pack From $68889 words
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Advertisement11 1995-10-28 23 o m I iIORC.IO ARMANI SHI Orchard Rj'ait Hilton Hole' ******11 words
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Advertisement0 1995-10-28 26 :[;[<\@~`|^~%,}(@(@{}!>!+<^/%.}0 words
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Page 27 Advertisements
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Advertisement790 1995-10-28 27 The All Naturally Brewed Beer. Our weekend high tea is so satisfying, people sometimes break into song. Choose from a sumptuous variety of savoury and sweet favourites. And if that's not enough, our high tea special also includes karaoke at Singsation. Htgh'Tea: $13.00 (adult) 8 (ChiU) ■mnBT $19.00 (adult) M790 words
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Advertisement273 1995-10-28 27 WHERE TO WINE, DINE AND ENTERTAIN a II MORE THAN JUST 1 I SEAFOOD! I I Besides live seafood, Singapore's largest I outdoor seafood restaurant offers the Instant I Asia Cultural Show at no extra charge! Available from 8 pm to 8.40 pm, Mondays to Fridays. IFfi seafood restaurant 920273 words
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Advertisement203 1995-10-28 27 rajj I fancy Heying? I Then, we'rt delighted to suggest the Tine Court for ememoreble dining experience. Our lunch menu offers vorietlf of toon xfn Beijing dumplings, selection of g«.||il set menus, end 'Beijing specialities Hi||A such as "Bering 'Bafgd Tench end 'MarinatedLamh Tencu some nowf CHINESE RESTAURANT" I M203 words
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Page 28 Miscellaneous
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Miscellaneous2465 1995-10-28 28 TODAY'S TV 0.00 N*tw« of tmbck boo* to }«S 11 k'i I Earth (See Our Choice). J~J P? if*. ■■■■■■■■I 9.00 Hoalthquart }}-JJ® °T*f J'""J' ,Dl n,, Omv Of Ah 0 2mm. Ch 8 Dm South, 4pm, Ch 5 Heart Defects. Red Planet ino xocy ur aa <* ipm, wo2,465 words
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