The Business Times, 20 July 1996

Microfilm: NL20622
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 046/12/93 Internet: http://www.asial.com.sg/biztimes SINGAPORE WEEKEND EDITION, JULY 20-21,1996 85c
    14 words
  • Article
    MARKET SUMMARY
    58 1 srn 2202£4 (+11.89) BTCOMP 2154.49 (+9.39) BT-MGA 1062.74 (+12.06) 8T0C1MA1IBT INDICES Friday Chance KLSECOMP 1,***** +3.04 NIKKEI 21,471» 9013 HANGSENO 1W4M0_+1J4J* SET INDEX 1.18U8 +1S4 JAKARTA OOMP 580.07 4174 MANILA COMP +4056 TAIPEI WPI 6.***** +7®.08 SEOUL OOMP ***** +2012 CLSA CHINA B 837.67 +7 it AUST ALLORD
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  • Article
    FINANCE
    75 1 EXCHANGE BATES m s* UBS 1.418 \M4 1189 f)M 0.689 0.949 YEN lOt 0524 1 J| I HI 0.402 0J70 HKf 0.129 0.183 BAHT 0.040 0.066 RUPIAH 100 0043 0.061 PBOa BATES SINGAPORE* (.44 MALA li'MPTR... #15 JAKARTA WOO B.VNGKOK 14.75 MANILA 14.50 HONGKONG .#.75 TAIPEI 8.00 SYDNEY 10.75
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  • Article, Illustration
    Kwek Hong Lye dies
    349 1 Death marks passing of last of the founding brothers of Hong Leonggronp ZfyLeeHanShih [SINGAPORE] Kwek Hong Lye, the last of the four brothers who built the Hong Leong group from scratch into one of Asia's biggest family concerns, died yesterday. He was 81. Mr Kwek is
    349 words
  • Article
    SM reveals top private-sector salaries
    1596 1  -  Number earning million-dollar salaries tripled to 229 in 1994 Byl Chuang Peck Ming [SINGAPORE] The number of private sector professionals and executives who earned more than $1 million tripled to 229 in 1994, from 74 in 1990-92, Senior Minister Lee Kuan Yew disclosed last night.
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  • Article
    Corrections
    115 1 THE headline for our front page story yesterday, "SemCorp site fails to get DGP residential zoning", was inaccurate. While it is true that the new Development Guide Plan for the area has not rezoned Sembawang Corporation's shipyard site from industrial to residential, SemCorp has yet to apply for any
    115 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      149 1 msPE MeetMchad BUndMf The man behind the "box" that some 200,000 financial professionals around the world swear by, EL2 MEWS WEDS Small laiwun g* Marly tfiMdASA'» pabiie «thr, pg 7. Can expect lots of punting, unlike the last ma inboard newcomer Dovechem. 1 rVmr ihwlcti— irip PS* Few expect otherwise.
      149 words
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      Page 1 Advertisements Column 2
      214 1 Don*t hcooie snobs, Senior Minister tells successful Singaporeans, Opperttton wffl offer Cinderella govt, Pg 2 V Tuna Lok Group j r -"<•*, -t'-T. V sli -It* t 1 4$ •**>••' '"V-'f'-j Bit'-j* Pi>|ftß j3BBaL YjF '°°k no further because Tung Lofc Group is the answer....our p creative and versatile 9
      214 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Don't become snobs, SM tells successful S'poreans
      431 2  -  Mrteaa which ■acceed are these where elite fulfil their responsibilities Reports by Chuang Peck Ming SINGAPORE must resist the present tendency of successful Singaporeans to "seek status and snobbishness" and to disassociate themselves from the less successful in where they live and where
      431 words
    • Article
      Opposition will offer Cinderella govt: SM
      323 2 NO OTHER party or group of people can run Singapore the way it has been run by the People's Action Party, Senior Minister Lee Kuan Yew said last night. "There are not enough men and women with integrity and ability willing to come forward
      323 words
    • Article
      Salaries are a matter of supply and demand
      496 2  -  By' Teh Hooi Ling THE forces of demand and supply make it necessary that ministers' salaries be adjusted upwards while workers have to moderate their expectations in wage increases, Senior Minister Lee Kuan Yew said last night. Mr Lee was responding to
      496 words
    • Article
      HDB queuers take up less than half of Pidemco's exec condos
      412 2  -  Location may be one of the reasons for the low take-up rate By. Diana Oon LESS than half of Pidemco's executive condo units reserved for people in the Housing and Development Board's executive flat queue have been taken up.
      412 words
    • Article
      NUS develops first wireless Net software
      195 2 THE National University of Singapore (NUS) said yesterday it has developed a unique software the first of its kind in the world that gives greater mobility to Internet users. The wireless-based software, called Mobile Internet Protocol (IP), enables users to access their local Internet
      195 words
    • Article
      US$250m pigments plant venture: Talks suspended
      249 2 FINNISH group Kemira Pigments Oy and Japan's Ishihara Sangyo Kaisha have suspended joint venture discussions for a US$26O million (***** million) pigments plant in Singapore. However, an ISK spokesman contacted at the group's headquarters in Oaka told BT the company will still proceed with
      249 words
    • Article
      Hong Leong launches project 3 days earlier
      175 2 {SINGAPORE] Hong Leong Holdings will hold the sales launch of its mixed commercial development at Bencoolen Street todayinstead of next Tuesday. It has brought forward the launch after a queue of hopeAil buyers started forming as early as yesterday. Potential buyers began queuing
      175 words
    • Article, Illustration
      May retail sales index rose by 1.9%
      281 2  -  rise in volume terms higher at 2.9% By i Clarissa Tan THE retail sales index at constant prices for May rose 1.9 per cent, according to figures released by the Department of Statistics yesterday. Excluding vehicles, the increase in volume terms was higher
      281 words
    • Article
      SDP-PKMS team accepts cost review invite
      155 2 THE opposition Singapore Democratic Party (SDP) and the the Singapore Malay National Organisation (PKMS) have accepted an invitation to appear before the reconvened Cost Review Committee. SDP secretary-general Chee Soon Juan said yester- day the "SDP-PKMS research and planning department accepts the invitation". In
      155 words
    • Article
      Banks turning to perks to attract exec condo loans
      443 2  -  Upmarket design work among the extras being offered By\ Siow Li Sen THE fight for a share of the executive condominium loan market is shifting from a rate war to a perks battle. Banks are quietly building up their new arsenal
      443 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'SEYE
      • Article, Illustration
        BT Sentiment Index
        564 3 Those polled for their views on the Singapore stock market's outlook in the week ahead are: Daiwa Securities, GK Goh, Kim Eng. Merrill Lynch, Deutsche Morgan Grenfell, OCBC Securities Research, Ong Co, Vickers Ballas and WI Carr. Mai Overseas Laai (UOL) ♦UOL is the biggest listed Prime
        564 words
      • Article, Illustration
        In My Opinion
        646 3  -  Jonathan Harris PT HO Ada \mimtmu I 1 OLJTICS of transition r* are important to inX vestors, particularly in a country whose only precedent since independence was turbulence. However, investors should be cautious not to mistake political heat for fire. The strongest scenario for Indonesia remains that
        646 words
    • Article
      Forget about electronics stocks
      955 3  -  Analysts see further downgrading of the sector and Q3 is likely to be worse for the local electronics industry By] Lee Yoke Har [SINGAPORE] THE downgrading of the electronics sector is far from over, so stay away from electronics stocks for the time being unless you
      955 words
    • Article
      How to build successful trading systems
      378 3  -  By] Paul Leo [SINGAPORE] "Give a man a fish, and you feed him for the day. Teach a man to fish, and you feed him for life." That or an approximation is what Dow Jones Telerate hopes to achieve at its annual one-day seminar
      378 words
    • Article, Illustration
      Lock icon Rising rates dampen KL pace
      791 3  -  BYE ON THE REGION: MALAYSIA No butting recovery for KL bourse seen until final quarter By: kostas Panagioton The writer is the senior economist for Kuala Lumpur based HLG Securities. VARIOUS asset categories tend to perform in a fairly predictable fashion in response to the
      Source:  -  791 words
    • Article
      Lock icon Venture capitalists discover emerging markets
      691 3 In vestors are willing to assume more risks for higher returns Bloomberg Business News [NEW YORK] A growing number of emerging market investors are speculating that the big returns of the future will be made investing outside stock and bond markets. Buying stakes in private
      Bloomberg Business News  -  691 words
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  • REGION
    • Article, Illustration
      Special ceremony called off
      523 4  -  ASSAM WATCH Russia, China and India elevated to fall dialogue partners By Yang Razali Kassim from Jakata A SPECIAL ceremony to mark the elevation of three regional powers Russia, China and India as full dialogue partners of the Association of South-east Asian Nations (Asean) has been
      523 words
    • ASEANBriefs
      • Article
        Lock icon Laos to open embassies in 3 countries
        56 4 AFP {JAKARTA] Laos, which is to become a full member of Asean next year, will open embassies in three regional capitals where it is not represented yet, said Asean Secretary General Ajit Singh yesterday. Laos already has missions in all Asean countries except
        AFP  -  56 words
      • Article
        Lock icon Thailand says it won't isolate Myanmar
        49 4 AFP (JAKARTA) Thailand, under pressure from the US to take a harder line on Myanmar, "does not believe" in isolating or imposing sanctions on its neighbour, Thai Deputy Premier Amnuay Virawan said yesterday when he arrived here for the Asean ministerial meeting. AFP
        AFP  -  49 words
      • Article
        Lock icon Jackson to lobby for labour rights
        67 4 AFP [JAKARTA! US civil rights activist Jesse Jackson arrived here yesterday to make his case for a controversial trade-labour linkage at the Asean foreign ministers meeting this weekend. Reverend Jackson, complaining that jobs were being lost in the US due to competition from products
        AFP  -  67 words
      • Article
        Lock icon No dialogue with Son Kyi: minister
        51 4 AFP [JAKARTA] Myanmar Foreign Minister Ohn Gyaw yesterday implicitly dismissed the possibility of dialogue between Yangon and opposition leader Aung San Suu Kyi Here for the Asean ministerial meeting, he was speaking after a discussion on Asean procedures before Myanmar's admission as an observer.
        AFP  -  51 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1638 4 CITY FLIGHT ETA FLIGHT ETO S0175 1840 VN740 1410 Abu Dhabi GA890 0040 Hat Yai MI893 1405 TG408 0820 Adalalda $0230 1830 0F82 2055 T6407 2105 MM94 W40 0F81 1930 Hiroshima ***** 1655 S0978 0130 Amman RJ187 0130 CM MM VN741 1310 VN740 (410 Amsterdam KL843
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    • Article, Illustration
      Lock icon Workers to strike in support of Megawati
      233 4 JAKARTA AFP ALMOST half a million Indonesian workers are expected to go on strike this weekend in a show of support for embattled opposition leader Megawati Sukarnoputri, a party leader said yesterday. "I think there will be up to 400,000 workers around Jakarta,"
      AFP  -  233 words
    • Article
      Lock icon Ekran: aborigines drop contempt of court application
      283 4 KUALA LUMPUR Bat they'll proceed with battle to stop theß&kund&m Reuter THE legal tussle over Malaysia's US$5.5 billion (Ss7.B billion) Bakun hydro-electric dam eased a little yesterday after a group seeking to halt work on the project dropped a contempt of court application.
      Reuter  -  283 words
    • Article
      Hanoi cracks down on foreign execs who avoid paying income tax
      377 4  -  SINGAPORE Representative offices warned of loss of licences if execs didn't pay tax ity Harish Mehta VIETNAM is cracking down on foreign company executives who avoid paying personal income tax. A senior official of Vietnam's General Department of Taxation
      377 words
    • Article
      Lock icon Garuda denies exodus of pilots to Korean Air
      116 4 JAKARTA Reuter NATIONAL carrier Garuda Indonesia has denied reports of an exodus of pilots to Korean Air Lines, saying only eight pilots will leave the airline, the official Antara news agency reported yesterday. Garuda president Soepandi was quoted as saying only eight
      Reuter  -  116 words
    • Article
      Lock icon New Viet refugee route? First, join a trade show...
      187 4 CALGARY, Alberta Reuter AN EVENT in Canada to showcase Vietnam's economic reforms has turned into an embarrassment for the communist country after several of its delegates escaped to seek political asylum. Four Vietnamese are seeking refuge in Canada now but officials
      Reuter  -  187 words
    • Article
      Lock icon Viet firm seeks US$630m investments
      257 4 ■HONGKONG Largest textile group says it doesn't have enough capital Reuter OFFICIALS from Vietnam's largest textile group invited investors yesterday to spend US$63O miilion (SsB9s million) to expand one of the nation's biggest foreign exchange earning sectors. "We do not have enough capital," said Le
      Reuter  -  257 words
    • Article
      Internet can be tamed: BG Yeo
      439 5  -  HONGKONG Timing possible once the new frontier becomes more settled, orderly By i Quak Hiang Whai THE libertarians' assertion that the Internet is a network which cannot be controlled is a simplistic point of view, Singapore's Minister of Information and the Arts George Yeo
      439 words
    • Article
      Lock icon HK's chief executive can't be party member or civil servant
      236 5 BEIJING Reuter THE chief executive to be appointed by China to run Hongkong after it takes over the British colony in mid-1997 must not be a member of a political party or a civil servant, Chinese officials said yesterday. The
      Reuter  -  236 words
    • Article
      Lock icon Growth set to exceed Li Peng's 8% target
      155 5 BEIJING AFP CHINA'S economy grew 9.8 per cent in the first half of the year and is expected to surpass the growth target for 1996, a top Chinese economist said yesterday. "We are forecasting economic growth of around 10 per cent, similar
      AFP  -  155 words
    • Article
      Lock icon Enron's US$2.1b power project gets final govt clearance
      243 5 NEW DELHI Reuter INDIA'S biggest foreign investment project received its final clearance from the government on Thursday, signalling the end of year-long acrimony with US investors. The Indian government gave final clearance to USbased Enron Corporation to go ahead with its US$2.l
      Reuter  -  243 words
    • Article, Illustration
      Lock icon HK legislator arrested
      42 5 [HONGKONG] Hongkong millionaire legislator Chim Pui Chung (left) being driven in a police car after his arrest on Thursday. Mr Chim, who represents the financial services constituency in the Legislative Council, was charged with conspiracy to commit forgery. AFP
      AFP  -  42 words
    • Article
      Probe into US$150m copper trading loses
      413 5  -  BEIJING Rogne Sumitomo trader appears to have had links with Chinese firms By Peter Seidlitz, David Murphy CHINESE supervisory authorities have discreetly started an internal investigation into alleged losses amounting to US$l5O million (Ss2lo million) from speculation in copper trading connected with the Sumitomo
      413 words
    • Article
      Lock icon Taiwan vows to ease telecom market further
      104 5 TAIPEI AFP TAIWAN yesterday pledged to further liberalise its newly opened telecommunications market after talks here with US officials, trade officials said. Taiwan will initiate a new set of telecommunications service tariffs to replace an 11.5 per cent ceiling on profit margins for
      AFP  -  104 words
    • Article
      Lock icon Fiscal deficit may hurt growth prospects
      189 5 NEW DELHI AFP INDIA'S economy recorded better-than-expected growth in the fiscal year to March 1996, but a high fiscal deficit and weak infrastructure could hamper future prospects. The annual Economic Survey, introduced in parliament yesterday by Finance Minister Palaniappan Chidambaram ahead of Monday's release
      AFP  -  189 words
    • Article
      Unexpectedly large turnout at Singapore Expo in HK
      247 5  -  HONGKONG Event seen by papers there as attempt to attract HK talent By* Quak Hiang Whai HONGKONGERS flocked by the thousands to see the largest public exposition on Singapore yesterday, with many of them queueing up well before the gates were opened
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    • Article
      A regional BIS in the making?
      413 5  -  TOKYO Central bank heads from 11 countries at highest-level gathering so far Anthony Rowley HEADS of central banks and monetary authorities from 11 Asian and Oceania countries met here yesterday, in what was the highest-level gathering of its kind so far. The meeting could
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  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      7 5 US banks asked about Sumitomo, Pg 10
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    • Advertisement
      Page 5 Advertisements Column 2
      54 5 LOTS 410 BURGUNDY LANE 4 Prime Residential Development Sites Ranging from 1.3503 3.0293 hectares 7.3809 hectares ENDERS CLOSE SPM W.S.T. 14TH AUGUST 1996 Singapore office: David ling or Singapore office: Corile Koh or 8 Ashley Wee Cheng Shin How 8 Ph: 220 3888 Fax: 221 5775 Ph; 224 8181 Fax:
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      217 5 tub WEATHER Singapore Slightly hazy, passing showers in the late morning and early afternoon. Temperature (32-26) Aria-PacMe HVLo* Good. Europe Hl/Le' Goal America HVLo* Oaai Auckland 12/04 Cloudy Antonta—. 21/16 Cloudy Atlanta 27/23 Tslont Bangkok 34/23 Tslonn Athens 35/24 Sunny Buenos Aim 10/08 Cloudy Beyng 32/21 Cloudy Befii 23/14 Cloudy
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    • Miscellaneous
      Page 5 Miscellaneous Column 2
      258 5 CRVFTItf CROSSWORD of body used to prance p——JßL_ about as follows (8) j j j I 8 There is a state of confusion at the asylum (8) 11A sea-song heard in Ghana (7) 13 Resolute guy who does a 15 Do as I do, not as I say, plant a
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  • THE WORLD
    • Article
      Lock icon Fed ready to up rates: analysts
      595 6 CHICAGO Greenspan testimony seen supporting expectations for tightening to begin relatively soon Reuter FEDERAL Reserve chairman Alan Greenspan has signalled that the US central bank is ready to raise interest rates for the first time since February 1995 and may do so at a
      Reuter  -  595 words
    • Article
      Lock icon LSE lacks strategic direction: British MPs
      323 6 LONDON Reuter AN INFLUENTIAL British parliamentary committee yesterday accused the London Stock Exchange (LSE) of lacking strategic direction and "having difficulty following a coherent policy through to fruition". The Treasury Select Committee's findings came in the interim results of its investigation into the future
      Reuter  -  323 words
    • Article
      Lock icon Crash puts on hold TWA's plan to raise US$159m
      402 6 NEW YORK Airline planned to offer 8m shares of common stock Reuter JUST emerging from its deep financial troubles, Trans World Airlines Inc was set to ask investors for more money this week. But those plans are likely to be put
      Reuter  -  402 words
    • Article
      Lock icon EU to meet soon on plan to clip wings of media moguls
      333 6 BRUSSELS Reuter [BRUSSELS] The European Commission aims by the end of this month to present proposals to curb domination of the media by moguls such as Silvio Berlusconi and Rupert Murdoch. The new rules, which could be agreed
      Reuter  -  333 words
    • Article
      Lock icon US May trade deficit up 13.2% to US$10.9b
      177 6 WASHINGTON Reuter RECORD imports of cars, consumer goods, food and industrial supplies pushed the US goods and services trade deficit up by 13.2 per cent in May to US$lO.9 billion (5515.3 billion), the Commerce Department said on Thursday. The May gap was
      Reuter  -  177 words
    • Article, Illustration
      Lock icon Bomb or missile may have caused explosion
      284 6 NEW YORK NYT FEDERAL law enforcement officials said on Thursday that the most likely explanation for the fiery crash of TWA Flight 800 was that a bomb or, perhaps, a missile destroyed the airplane, plunging it into the Atlantic Ocean off Long Island
      NYT; AFP  -  284 words
    • Article
      Lock icon Airbus may sue Boeing for defamation
      353 6 PARIS Row over aircraft speed claims as rivals woo Air India NYT AIRBUS Industrie said it is considering suing Boeing Co for making "defamatory" remarks about the speed of certain aircraft from the European group. The remarks were made in India where the two
      NYT  -  353 words
    • Article
      Lock icon Bill cutting welfare benefits after 5 years gets OK
      273 6 WASHINGTON AFP THE US House of Representatives approved a bill on Thursday that would eliminate welfare benefits for most recipients after five years. The Republican-sponsored bill, which passed in a 256-170 vote, moved closer than previous legislation to President Bill Clinton's
      AFP  -  273 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      138 6 DOONESBURY By Gary Trudeau see, bv, what we're so welesenp parties of thb&u. TRYING TOPOtSRZ- GUESTS OUT ON N&HT- TIME «wSS5»M£a£ BE WHINS WELL. YEAH, BUT CREATE THE TOTAL NAM PATHOL, LET THEMCRAWL iKK£!E22L> e MYPOMT expeoence both horvets through our own private where in I mrtsof hamenon- &£> THOSE
      138 words
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  • COMPANIES & MARKETS
    • Article
      Wharf to borrow $190m to develop luxury bungalows
      289 7  -  Company will build 10-12 houses in White House Rd area By Diana Oon [SINGAPORE] The Wharf group of Hongkong will borrow $190 million for the development of luxury bungalows at White House Road here. The Wharf (Holdings) Ltd yesterday said its subsidiary,
      289 words
    • Article, Illustration
      Analysts see C&C earnings coming under pressure
      397 7  -  By\ Christopher Tan [SINGAPORE] Broking houses have lowered their earnings forecast for Cycle Carriage in the face of adverse developments which they said could hit C&C's bottomline right till 1998. One negative factor is the lower-than-expected sales of Mercedes Benz in the first
      397 words
    • Article
      Will early birds catch the worm or rind wormwood?
      661 7  -  HOCK LOCK SIEW Tan Sai Siong TRADING in Amcol Holdings shares has now been halted at the request of the company, as it talks to its two largest shareholders, Henry Pribadi and Sukamto Sia respectively, on the entity's future. The suspension
      661 words
    • Article, Illustration
      Lock icon Small investors get nearly half of ASA's public offer
      358 7  -  Company says it received 11,374 applications for its 77m shares By. Annette Pau [SINGAPORE] Advanced Systems Automation is handing just under half of the 15.77 million shares for the public to small investors. About 48.6 per cent of the issue will
      ARTHUR LEE  -  358 words
    • Article
      'No' to special watchdog for small investors
      361 7  -  Market watchers feel ft-riating mftrhnnigmg are good enough By Ven Sreenivasan [SINGAPORE] Dealers and analysts polled by BT yesterday dismissed the need for a new watchdog body to oversee small shareholder interests in Singapore. Market watchers felt existing mechanisms that are in place
      361 words
    • Article
      Lock icon M$50m fund launched for bumiputras
      253 7 AFP [KUALA LUMPUR] The Malaysian Technology Development Corp has launched a Msso million (5528.46 million) venture capital fund to help native Malays and other indigenous groups acquire equity in high-growth firms, a newspaper said yesterday. The Sumber Modal Satu Bhd fund will enable the bumiputras
      AFP  -  253 words
    • REGIONAL COMPANIES
      • Article
        RFM, Hong Leong in tie-up
        362 8  -  Philippine firm earmarks lb pesos to finance packaging deal; sum to come from bond proceeds From, Al Labita in Manila LISTED food firm RFM Corp said yesterday it has earmarked one billion pesos (Sss4 million) to finance its packaging tie-up with Malaysia's Hong Leong group.
        362 words
      • Article
        Lock icon Binariang aims for 40 more contracts
        266 8 Bernama [KUALA LUMPURJ Binariang Sdn Bhd aims to secure another 40 contracts for the installation of Maxis fixed network infrastructure within development projects before the end of the year. Its senior manager of business development Charles Boudville said yesterday the company, which was committed
        Bernama  -  266 words
      • Article
        Ayala's first-half net profit surges 84% to 3.5b pesos
        421 8  -  Results surprise analysts who projected a 45% jump From, Al Labita in Manila LISTED homegrown conglomerate Ayala Corp yesterday posted a a hefty 84 per cent jump in first-half net profit to 3.45 billion pesos (SslB6 million). Discounting one-time gains from
        421 words
      • Article
        Lock icon Konsortium set to make statement on Diperdana
        259 8 Reuter Bloomberg Business News [KUALA LUMPUR] Malaysia's Konsortium Perkapalan Bhd said yesterday that it plans to make an announcement shortly regarding a corporate development with Diperdana Corp Bhd. It is expected today. Konsortium's executive chairman Mirzan Mahathir told reporters that he also expects
        Reuter; Bloomberg Business News  -  259 words
      • Article
        Lock icon Tan Chong in China shock-absorber deal
        176 8 Bernama [KUALA LUMPUR] Tan Chong Motor Holdings Bhd's wholly-owned subsidiary in Hongkong, Advance Pacific Holdings, has entered into a joint venture with Jiangsu Kunpeng Group Co Ltd and Jiangsu Jiangyin Investment Trust Co Ltd, both state enterprises, to manufacture car shock absorbers in China.
        Bernama  -  176 words
      • COMPANYBriefs
        • Article
          SPP switches $3m to Myanmar deal
          69 8 [SINGAPORE] Construction firm SPP Ltd said yesterday it is diverting some funds from the $50 million raised from a renounceable rights issue in 1994. About $3 million was intended for acquiring 51 per cent of an earthwork equipment leasing company but this has fallen
          69 words
        • Article
          Helicopter venture takes off
          51 8 [SINGAPORE] The prototype of a five-seater light single-engine helicopter, a joint project between Singapore Technologies Aerospace (15 per cent) and French and Chinese companies, made its maiden flight on Wednesday. France's Eurocopter, which owns the majority stake of 61 per cent, said the flight was a
          51 words
        • Article
          Compact Metal rait in Selaco move
          50 8 [SINGAPORE] Compact Metal Industries' wholly-owned Malaysian subsidiary, Compact Metal Industries Sdn Bhd, has signed a memorandum of understanding to acquire 60.9 per cent of Selaco Trading's issued capital of M 5335,000 (5|190,960). Selaco is involved in making and trading PVC gaskets and weather strips.
          50 words
        • Article
          InnoPac names new company secretary
          21 8 [SINGAPORE] Listed Inno-Pacific Holdings has appointed Chew Kok Liang as company secretary and group financial controller.
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    • INTERNATIONAL COMPANIES
      • Article
        Lock icon AT&T Q2 profit up 11% but growth trails rivals'
        422 9 Company still under competitive pressure in the consumer long-distance market Bloomberg Business News [NEW YORK] Long-distance frhone leader AT&T Corp's second-quarter profit rose 11 per cent but the growth trails those of rivals MCI Communications Corp and Sprint Corp, as it
        Bloomberg Business News  -  422 words
      • Article
        Lock icon Planet Hollywood to open 9 more outlets
        151 9 ORLANDO. Florida Bloomberg Business News PLANET Hollywood International Inc said it signed franchise agreements to open eight Planet Hollywood restaurants and one Official All Star Cafe internationally. The new Planet Hollywood restaurant/retail stores will be located in Rio de Janeiro, Sao Paulo, Buenos
        Bloomberg Business News  -  151 words
      • Article
        Lock icon Netscape Q2 profit, revenue rise sharply
        335 9 Analysts say 34% re venae increase significant as firm cnt prices in quarter Reuter [MOUNTAIN VIEW, California] Netscape Communications Corp, maker of the leading Internet browser, on Thursday reported a sharp rise in second-quarter profits and revenues. The California-based software company earned US$5.B million
        Reuter  -  335 words
      • Article, Illustration
        Lock icon Apple shares stage sharp recovery after results
        189 9 Reuter Bloomberg Business News (NEW YORK] Apple Computer Inc's stock rebounded sharply on Thursday from its 10-year lows on belief that its latest earnings report may buy it time to carry out its previously announced restructuring efforts. Traders said Apple shares were propelled
        Reuter; Bloomberg Business News; Source: Bloomberg  -  189 words
      • Article
        Lock icon McDonald's second quarter profit up 11%
        250 9 Strong sales overseas help offset ailing US operations Bloomberg Business News [OAK BROOK, Illinois! McDonald's Corp's earnings rose 11 per cent in the second quarter as its rapid expansion and strong sales overseas offset its ailing US operations. The world's biggest restaurant chain said
        Bloomberg Business News  -  250 words
      • Article
        Lock icon Acquisition charges pull down Sun's 4th qtr profit
        136 9 Bloomberg Business News [MOUNTAIN VIEW, California] Sun Microsystems Inc said its fiscal fourth-quarter net income fell from year-ago levels because of charges related to two acquisitions. Net income for the three months ended June 30 fell 4.6 per cent to U*****.3 million
        Bloomberg Business News  -  136 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        566 9 »*T» —rt» Airt»* 0«nfttf» JniM SSlST S *07/0*0 sS r sL a 35 s ssr sssr J2J M 1"P" I1W/WJ0 5 *1 19.07/BIJ S?!L. JJ* ■2 "'Nil i947/os29 ZJ»y °*J* -2 H.OT/CTJ as ar a as ssssr j-* 1 jS as »s a""* "W* jn *l«l»m 19.07/2330 1
        566 words
      • Article
        CONTAINER SCHEDULES
        1655 9 RECEIVING OF EXPORT Fa CONTAINERS AND LCL CARGO BookbiQ/MMct Rstts SWp Voy No Etb/Btr Nrt* from To From to *hc*t OKA 22/0700 I* *****0 *****9 *****0 tt *****0 20/0459 20/0100 1 20/0700 20/H99 *****0 4 20/1200 20/1499 20/1700 to JMi 300* 2V2J99 ~U~ 19/1500 19/1459 1/1904 U 19/1700
        1,655 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon US banks asked about Sumitomo
        446 10 Fed contacted Chase Manhattan and other hanks abont the level of potential losses Bloomberg Business News [WASHINGTON] The Federal Reserve Board contacted Chase Manhattan Corp and other US banks about their potential losses from dealings with Sumitomo Corp, which lost at least US$l.B billion (552.5
        Bloomberg Business News  -  446 words
      • Article
        Lock icon Bankers Trust profit up 66%
        207 10 Higher second qtr trading revenue helps boost earnings Bloomberg Business News [NEW YORK] Bankers Trust New York Corp's second-quar-ter earnings rose 66 per cent, helped by higher trading revenue. The United States' eighthlargest bank said net income rose to US$l5l million (*****.4 million), or US$l.67
        Bloomberg Business News  -  207 words
      • Article, Illustration
        Lock icon US$ plunging out of summer doldrums
        421 10 US$/mark: The US$/mark traded within a range of 1.5150 to 1.5260 on Monday before plummeting to a low of 1.4690 on Tuesday, wiping out unsuspecting dollar longs. Thereafter, the unit rebounded to a high of 1.4948 by Thursday. The next resistance is seen at
        Source: DBS Bank  -  421 words
      • Article
        Lock icon BIS suggests reports on derivatives
        201 10 Bloomberg Business News [BASEL] The Bank for International Settlements proposed a regular series of reports on the credit and risk exposures of the world's largest derivatives users. The statistics would include notional amounts and gross market values of foreign exchange, interest rate and eq-uity-linked derivatives
        Bloomberg Business News  -  201 words
      • Article
        Lock icon Citic bid to get US$31m back from BCCI quashed by court
        310 10 NT state appeals conrt overturns lower court decision Bloomberg Business News [NEW YORK] China International Trust Investment Corp won't be able to retrieve US$3l million (Ss44 million) it deposited in a New York account of the Bank of Credit
        Bloomberg Business News  -  310 words
      • Article
        Lock icon Chinese going for stocks, short-term deposits
        256 10 AFP [BEIJING] Chinese investors are pushing their money into stocks and switching from long-term to short-term bank deposits following an interest rate cut on May 1, according to a People's Bank of China (PBOC) survey published on Thursday. Trading on the Shanghai Stock Exchange
        AFP  -  256 words
      • Article
        Lock icon Euroyen eases on lingering rate fear
        160 10 SIM mi. Report Reuter [SINGAPORE) Simex Euroyen futures ended slightly weaker after fluctuating in a narrow band yesterday as players remained concerned about a rate hike. "Japanese domestic markets are very bearish. They are convinced that there is going to be a rate hike
        Reuter  -  160 words
      • Article
        Lock icon CURRENCY REPORT
        183 10 Reuter AFP London THE dollar's immediate concern has shifted to Bundesbank policy after a drop in German money supply growth, although calling the next move by the US Federal Reserve still continues, analysts and dealers said. German M 3 fell to 9.6 per cent in June, matching expectations
        Reuter; AFP  -  183 words
      • Article
        Lock icon Oil prices slightly higher, but Iraq's return still a concern
        330 10 ENERGY REPORT Reuter [LONDON] Oil prices stepped gingerly higher yesterday, but Iraq's return to world oil markets for the First time in six years still lurks in the background. London September futures for international benchmark Brent crude were trading up
        Reuter  -  330 words
      • Article, Illustration
        Untitled
        1399 10 UtTERBAlfM CROSS RATES //g C$ —> ECU FTr Da HKS MK»8»Mi Y« W UtjHktt N» U* Sfr ITTS 9M Nmi USS A«trjil 1082 *.178 0.4*7 4.011 1113 6.128 28.274 18.454 0JS7 (.448 1971 1143 27.977 20.752 1123 1478 0.969 ********** 0.93 0.792 UwU 6*4 8-103 0.580 1707 1094 5.864 28.13?
        1,399 words
    • Article
      COMMODITY PRICES
      1643 11 MCOII ruTwJg Jul 19 WW RWmWWi mtklMm) MfCWTMCmMMD Oom Votono Opon MWR WW lav Sott (towns) tatorwt MCN IfUO ***** 192.00 1000 275 SM ***** ***** 191.50 100 1490 ***** ***** 191.00 50 3525 9m ***** ***** ***** 50 3525 l« 9» ***** ***** 191.00 50 3525 JmMmlt
      1,643 words
    • Article
      WORLD STOCK MARKETS
      2295 11 jaw hjWllMl Hue. A. A. Corp Mr 59 *3/4 266 +5 AbMy fictional 565 8 AMod Lyons 435 *3 Amoc 95 3 Ac*** 346 AmU Group 1151/2 unch •AT M 494.400 -7.600 BKX 323 2 BOC Group 920 *5 BR PotroMum 590.200 -5.800 BTW_ 2371/2 *31/2 MotkMM
      2,295 words
    • Article
      Lock icon TOKYO
      1666 11 Reuter □Nikkei 225 -90J3 STOCKS ended weaker in dull trade, despite Wall Street's overnight gains. The Nikkei Average broke through 21,700 in the morning but was unable to retain its gains. Brokers expect market sentiment to stay weak next week. The Nikkei Average ended at 21,476.29, down 90.13 points.
      Reuter  -  1,666 words
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      Lock icon HONGKONG
      1651 12 Reuter Q Hang Seng +134.06 STOCKS closed with strong gains yesterday, cheered by advances in US stocks and bonds and hopes that a hike in US interest rates was not imminent. The Hang Seng Index closed 134.06 points higher at 10,845.30. Turnover was HK55.49 billion compared to HKJ4.O4 billion
      Reuter  -  1,651 words
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      Lock icon CHINA
      616 12 Reuter d Shanghai B Share Index +0 J4 SHANGHAI'S B Share Index closed slightly up, but trading was slow with overseas investors on the sidelines, expecting many B share companies to post poor 1996 interim results. The B Index edged up 0.14 to 50.38 points on volume of 6.1
      Reuter; Source: Credit Lyonnais Securities (Asia) Ltd  -  616 words
    • Article
      Lock icon TAIPEI
      384 12 AFP QwPlnte ****** SHARE prices finished higher as investors pursued construction stocks following the lifting of a government ban on foreign investment in the local real estate market. Investors expected local construction firms to benefit from the liberalisation of foreign investment in real estate businesses, analysts said. The Weighted
      AFP  -  384 words
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      Lock icon JAKARTA
      754 12 AFP P Composite Index +3.74 SHARE prices closed higher in moderate trading following gains on Wall Street. "The market's activity was quite decent today, although it was still mostly locals trading speculative stocks," said a dealer. The JSE Composite Index rose 3.74 points to 580.07. Turnover was 158.9 million
      AFP  -  754 words
    • Article, Illustration
      Lock icon BANGKOK
      818 12 AFP HSETMm *2M SHARES prices rose in moderate trading with speculation on a new share issue boosting an otherwise flat market. "About one fifth of trading was on BEC World issued yesterday. Otherwise, the mood of the market was lacklustre, with low expectations for sec-ond-quarter company results," said a
      AFP  -  818 words
    • Article
      Lock icon MANILA
      334 12 AFP Hmmh> ma STOCKS rose, following a strong performance by Wall Street. The PSE Composite Index rose 40.26 points to 3,228.3. Turnover was 10.4 billion shares worth 3.1 billion pesos. Manila Electric A rose two pesos to 115, while its B shares rose three to 210. PLDT rose 50
      AFP  -  334 words
    • Article
      Lock icon SEOUL
      422 12 AFP nOwnpMiteMg 4-2(112 SHARE prices closed 2.6 per cent higher due to a late rally centred on blue chips and semiconductor stocks. The Composite Price Index jumped 20.92 points to finish at 837.39. Turnover was 19.4 million shares worth 368.1 billion won. Risers beat falls 738 to 107 with
      AFP  -  422 words
    • Article
      Lock icon SYDNEY
      619 12 AFP FliPOrinariai +38L0 SHARE prices rose as fears of volatility in US currency and share markets eased. The All Ordinaries Index gained 38.0 points to 2,157.6. Turnover was 32.7 million shares worth A 5885.2 million, with 597 advancing stocks outnumbering 238 decliners. Market leader BHP jumped 45 cents to
      AFP  -  619 words
    • Article
      Lock icon WELLINGTON
      274 12 Reuter +25.70 THE Dow's gain overnight improved sentiment for New Zealand equities, which ended higher, albeit on thin turnover. The NZSE-40 Capital Index rose 25.70 points to 2,061.61. Reuter **n t *h nw ANZ Banking 7.00 0-20 V4028 Atfvontogos Mtags 1.SS unci) 900 Atf Ntw Zoolwtt (A) 3.08 -0.02
      Reuter  -  274 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Stocks edge up on bargain hunting
        7922 13 AFX-Asia W Composite Index +3.04 SHARE prices closed slightly higher on selective bargain hunting and speculative activity with the market lacking any strong leads. The KLSE Composite Index closed up 3.04 points at 1,126.40. The Emas Index was up 1.41 at 326.44. Turnover was
        AFX-Asia  -  7,922 words
    • WARRANTS&OPTIONS
      • Article
        Avoid IOI wrts for the time being
        3235 14  -  WARRANT WATCH By Paul Leo ONE strategy in options trading is to buy when volatility is low (the view being that it will pick up soon) and sell when volatility is high (the view being that it will fall soon). Such a strategy
        3,235 words
    • Article
      CLOB INTERNATIONAL
      1901 14 aMunu* stocks r* i* vx, yy Day LaatOaaOa W W MCl| H* I fBOOl IBpk Laa Bayar BaBar Co P/K AJMSOe «4 4 402 3*t M 400 U U El 4BJ SI amqbsoc m -t aza m m m m 4* it u 441 «jj at so as
      1,901 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        981 15 TWeom COOO) VAIIK C000) ■s= J22f* £Z <«W T,U* *7,041 j***-. -25 J72 U# 2.533 M* MM MJH )MN VM» 4434? iff* 3 g w SSm. C S A is KNH ljrj4 o33 mm turn m*i n 3 —3 8 —i ssr i 1 t 1 i i i g'Wrt'l
        981 words
      • Article
        MAIN BOARD
        3678 15 Gf Cf M Wt a „-u. jr°sa. s "g a>a &F9MMSK9 5*46 ASC NT$IO 200 US- 2M MS 125a Acar SOc US 102 *1 57 182 181 181 182 S ON 7 5 10 11.3 soi 3 t>o U2 I «5 e 2 UnCh 222 380 376 378
        3,678 words
      • Article
        SESDAQ
        679 15 —""i- «»c—, a? >/• <% is m jffagwfc—s? :th 3 s s »j «2 97 49 2002 AltKHk 40 5 -1 679 50 5 MS 48 5 49 30 ON d. 7 li 2 495 -<* *> Si i:S 7" A' to 204 126 2005 E Rosourcs 10c 143
        679 words
      • Article, Illustration
        HOT STOCK
        62 16  -  •f! Paul Leo STIC fell four cents to $3.30 on a strong volume of 1.82 million shares three times the lOday average of 600,000 units. However, with daily Relative Strength Index in oversold territory and daily Moving Average Convergence-Divergence indicator about to turn bullish, any further weakness is
        62 words
      • Article, Illustration
        Stocks perk up in mild technical rebound
        911 16  -  STOCK MARKET COMMENTARY Rise follows Wall Street's overnight gains; dealers say S'pore market is still cautions and focns is on Malaysian shares By Ven Sreenivasan [SINGAPORE] Stocks perked up yesterday following an overnight recovery on Wall Street but lost some of their early
        911 words
      • ON THE GRAPEVINE
        • Article
          Top researchers
          115 16 A SURVEY by UK-based Extel of 13 Singapore and Malaysia-based equities research outfits seems to have caused a flutter among broking houses here. Those who fared well were ecstatic and faxed about a zillion copies of the survey to The Business Times newsroom while others who were ranked
          115 words
        • Article
          Stressful times far remisiers
          134 16 THE moribund market condition is apparently taking a toll on the generosity of some broking houses towards their remisiers. At least one broking house is said to have informed its remisiers that unless they earn net commissions of $5,000 per month, the company would not cover
          134 words
        • Article
          Stressful times for card companies
          101 16 EXECUTIVES in credit card issuing companies appear to be getting stressed out by the Aug 1 deadline for the Monetary Authority of Singapore guidelines on credit curbs. From that day, card companies have to restrict spending limits on all cards issued by a single issuer
          101 words
        • Article
          Attention, Suzy Wong
          108 16 WHILE the rest of Hongkong is wondering whether the 10,000 People's Liberation Army soldiers who will be posted to the territory next year will stay in their barracks or roam the streets to terrorise them, proprietors of girlie bars in the seedy Wanchai district may wish to
          108 words
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      128 7 EXECUTIVE Appointments •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 I l FAR EAST ORGANIZATION We are currently inviting suitably-qualified candidates to apply for the following position: You must be able to supervise the construction of high-rise apartments, condominium and landed property developments. You should have practical management experience, with at least
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      452 8 the business times 4t? '>„ 1 iMilto- w r I k V v H V ifffc y mnlr x The Great Heineken Bar Crawl starts here A #7»* 77je library Bar in Norivay Rimini Big Game Fishing Bar in the Bahamas Cafe Americain in Amsterdam The Garden Bar in Tokyo
      452 words
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      41 12 when the Market qets Going. the Savvy 90 £URF!N£ Keep track of the latest Singapore and Kuala Lumpur stock prices on BT Stockwatch— http://www.asial.colll.sg/btstocks on the Internet lEOE3 BUSINESS CENTRE YOUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS NEWS AND INFORMATION
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      183 13 Land Transport Authority Infoline I Share Rllocation Results I using CDPnumbers. 111 COE Bidding Results Car Registration Number Availability. Wondering which share result An SPH AudioTex Service Available on 10th or 1 Ith of every month. All you Available between Saturday and Wednesday each week. All you need is Call
      183 words
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      106 14 Doctors prescribe a weekly dosage of Thp Strai ts Times Wppldy FHitinn i- rto keep home sickness at bay. Are you following doctors' orders? You may be a Singaporean going overseas and want to stay in touch with home. You may have children studying overseas and are concerned that they
      106 words
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      23 15 FOR A FREE COPY OF OUR 20Q-PAGE CATALOGUE, CONTACT YOUR LOCAL RETAILER OR S.A. DESCO SINGAPORE PTE. LTD. TEL: 337-22-6 1 FAX: 337-10-98.
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      131 15 lb: SPH AudioTcx Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Tel: 740-1493 Fax 740-2216 I wish to subscribe to the Quickslock's Portfolio Manager as follows (please tick the appropriate box; prices include GST). Subscription Period 6 "onto Q 3 months •t S $60.00 at 5540.00 at S$25.QO
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      196 16 BUSINESS Noticcs KNSI I. loi Kl I ISOO-741 ISS3 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 5# AND IN THE MATTER OF PUBLIC HOUSING DEVELOPMENT PTE. LTD. (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE IS HEREBY GIVEN in pursuant to Section 308 of the Companies Act, Cap. 50 that a final
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      230 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER SO AND IN THE MATTER OF PACIFIC FAR EAST IMPORT EXPORT PTE LTD (IN LIQUIDATION) FINAL MEETING NOTICE IS HEREBY GIVEN, pursuant to Section 308 of the Companies Act, Chapter 50. that the FINAL MEETING of the Members of the abovenamed Company
      230 words
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      Page 16 Advertisements Column 3
      142 16 The" Business Times A bold orw look and a fncsh approach to (he nrws and vrws. Faster wih ihe news, and wih die meaung of Ik news. Shaper focus oo business and mates. •Dapa analysis of trads, and nmipnnn and S»€" 1 Start my jTHEBUSINESSTIMES (Subscription now! I $265.20(12 months
      142 words
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      Page 16 Advertisements Column 4
      132 16 Singapore Closing Share Prices 19/07/1996 CLOSE PREV LOW HIGH aiffl# uss uss uss uss "11/ Jardine Matheson 6.70 6.09 6.60 6.75 F6BBi| i a^ ln Strate ,c 3.10 3.04 3.06 3.10 LXSSyj R a,ry Farm 82 82 0.81 0.85 Hongkong Land 2.24 2.23 2.23 2.25 Mandarin Oriontal 1.39 1.39 1.35
      132 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      A great sporting drama unfolds
      1393 17  -  The centennial Olympic Games, the biggest ever, opens this morning in Atlanta. How far has the Olympics strayed from its ideals? shabbomsababi reports SHAHIRON SAHARI Atlanta is Gone With The Wind country, birthplace of Coca-Cola, the domicile of Ted Turner and the city Englishman Elton
      1,393 words
    • STRAWS In The Wind
      • Article
        What's your name, again?
        66 17 HONGKONGERS never fail to impress with their unique choice of names. One Hongkong office had a secretary named Eippie. But she quit and was replaced by a girl named Echo. There was also a temp named Carlos (no, he'd had never heard of terrorism). And we
        66 words
      • Article
        That's for jumping queue
        80 17 A FLIGHT was cancelled and the airline's flustered ground representative was trying to placate irate passengers with quick alternative arrangements. An important looking man pushed himself to the head of the queue, slammed his passport on the counter and demanded: "Do you know who I am?"
        80 words
      • Article
        Booby prize?
        83 17 WHEN you talk about beauty contests, you usually think of prizes like cash, modelling contracts, endorsements, and so on. But how about a live bull? That's one of the top prizes for Manhunt Singapore, a hunk-a-thon to be held in Broome, Australia, later this year. The owners of
        83 words
    • VIEWPOINT
      • Article, Illustration
        Lock icon Number crunchers' messiah
        2633 18  -  y TUI2 RAFFLES Conversation Michael Bloomberg, the man behind the box that some 200,000 financial professionals around the world swear by, tells vzkramkhaiima where his company is headed and why it is not threatened by the Internet VIKRAM KHANNA MY competitors? asks media mogul Michael Bloomberg with
        ERIC CHU  -  2,633 words
      • Article
        The CEO as benevolent dictator
        665 18 Michael bloomberg seems to run his company like a benevolent dictator albeit one who listens, and who is as generous as he is demanding. It was under Billy Salomon, the onetime chief of Salomon Brothers, that he was tutored in the art of what he
        665 words
    • ART
      • Article, Illustration
        Eye doctor takes a bold step for aspiring artists
        1487 19  -  Arthur Lim, who will soon hold his first solo art show, talks to Jaime ee about his passionate pursuits JAIME EE SPEND an hour with Professor Arthur Lim and you will find out several things about him: he's written 10 books;
        1,487 words
    • Article, Illustration
      It's easy to fall in love with the beer at Paulaner
      542 20  -  NIGHTSPOT The dark Dnnkel or pale Hell are created on site at the microbrewery By* A Surendren PAULANER BRAUHAUS is a pub and restaurant, with two of its own beers brewed on site. Huge copper stills greet you when
      542 words
    • Article, Illustration
      ID4: starring special effects
      697 20  -  CINEMA The fancy film tricks make Independence Day worth watching despite the weak storyline and the attempt to fuse fact with fiction By, Jaime Ee IF I were a squid, I'd really enjoy Independence Day. I'd be slapping my tentacles in glee as my extra-terrestrial cousins
      697 words
    • Article, Illustration
      A TCS series that shows promise
      452 21  -  TELEVISION The historical romance series, Love of a Lifetime, shows how good Singapore television can be By\ Kevin Sullivan CHANNEL Five's historical romance series, Love of a Lifetime (Sundays 9pm), displays intelligent artistic promise. Bits of the production are far removed from the painful
      452 words
    • Article, Illustration
      WHAT'S ON
      402 21  -  Compiled by Holly Harrison CIRCUS Funny Stuff Circus Take your funny bone along and be prepared to have it tickled.at this circus with a difference. Trent Arterberry, Mr Fish (the MC of New York's Big Apple Circus) and a host of others will keep you and your kids
      402 words
    • EPICURE
      • Article, Illustration
        The beer's better than the food
        903 22  -  Paulaner Brauhaus strikes all the right notes as a place to drink. But as a place for dining, the food is lacking, reports jaime be JAIME EE THE last time someone tried to sell home-made beer, it became a short-lived novelty that led to
        903 words
      • Article, Illustration
        Lock icon Enjoy the full truffle flavour at Fratini
        617 22  -  RESTAURANT The Italian restaurant is offering the truffle and its many manifestations at its promotion Jaime Ee IDONT know how far this is true, but I did read somewhere that truffle hunters were trying to train sniffer dogs to replace pigs which were
        CHRIS LOH  -  617 words
      • Article
        Many 1959s at peak and holding well
        871 22  -  WINE CONNOISSEUR There is a growing belief that they are actually better than their corresponding 1961s By. N K Yong 1959 BORDEAUX continues to fascinate and excite wine lovers. It was a great year for wines throughout almost all of France and indeed
        871 words
    • Article, Illustration
      CINEMA
      1119 23 Affairs. Richard Berry, Karin Viard and Vincent Cassell star in a film about the love games people play. R(A). Lido: 11; 1.30; 4; 6.30; 9. Oriental 11.30; 1.90:3.90; 7.90, 9.90. Amltyvllle DoObooae. Just when you thought they'd finally finished the whole evil saga, the Amityville horror returns. Lido: 5.15;
      1,119 words
    • TRAVEL
      • Article, Illustration
        Lock icon A paradise for lovers of the outdoors
        1274 24  -  For the non-shopper, Broome offers so much more than pearls, says ooßHWßßuaio GOH HWEE LENG IF you choose your holiday destinations according to how much you can shop, then don't bother to consider Broome for your next vacation. It may be in Australia,
        ALL PHOTOS BY GOH HWEE LENG  -  1,274 words
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      7 17 The Raffles Conversation Michael Bloomberg EL 2
      7 words
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      100 17 Ti^vel Broome: a paradise for iK3B lovers of the outdoors Fest food. #> Clam Lakes from New England, barbecues from Texas, fiery chilli cooking from tke old South-West and a salmon run from Seattle, if you tkougkt America only meant fast food, call 831 7250 and discover what Seasons is
      100 words
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      121 20 ♦inclusive of one standard drink at Singsation Theme Karaoke. Menu changes regularly. Prices subject to service charge govt, taxes I 7SOOA Beach Road Singapore l»9Sff Tel, 2*l 0011 SERVINGS UNLIMITED! HELP YOURSEIF TO yimc Qood lies... Such as meat dumpling (buk ckang), mini dumpling, popiah. I deep-fried spring roll, steamed
      121 words
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      Page 20 Advertisements Column 2
      28 20 "For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao."
      28 words
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      220 21 Where to wine, dine and entertain fOOD SPECIAL SET MENU 35% off from the usual price! For 10 persons with a complimentary bottle of white wine. BY M ONLY Art!? Hi Usual s32B ML PALM SPRING: $213++ LONG BEACH UDMC SEAFOOD RESTAURANT #01-02 UOMC Seafood Centre Open Daily: 5.00 pm
      220 words
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      Page 21 Advertisements Column 2
      209 21 •••••••••••••••••••••a* Magical /unto coffec house WEEKEND n Jt A a celebration! Delight the kids with a "Hocus Pocus" and A spell bind them with k mouthwatering wur goodies. MAGIC SHOW J HIGH TEA Every Sunday Adult: $12.00++ 1.00 pm 1.30 pm Child 7.so+++ 3.30 pm 4.00 pm M APOLLO HOTEL
      209 words
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      Page 21 Advertisements Column 3
      193 21 Have a Bubbly Sunday Brunch with your Family <© Only $42.00* per adult; $19.00* per child *[> ror 1 1am to 2.30pm h w For reservations, <v/ call 731-7934. I Free Parking ROYAL ROWNE PLAZA SINGAPORE I 25 Scotts Road, Singapore *****0. Tel: (65) 737-7966 Fax: (65) 737-6646 a Ail
      193 words
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      Page 21 Advertisements Column 4
      156 21 MORE THAN JUST SEAFOOD! I BrHRVJB', uUI Besides live seafood, Singapore's largest outdoor seafood restaurant offers the Instant Asia Cultural Show at no extra charge! Available from 8 pm to 8.40 pm, Mondays to Fridays. I 3IR6P \F/pl seafood restaurant I 920 East Coast Parkway, Singapore 1344. Tel: 343 1111
      156 words
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      Page 21 Advertisements Column 5
      97 21 a* +,y& HB WISH > SHBUWSH IUNCH MHT A?TOPOfTH«M nyw^i^UMm For r»xrvottons pUoM Co* «31 6»5»/9 j-, fc^Jß^sr 533 OrtwH W 23X67 T«* TV♦<) I A Bigger Better Tunch MORE VARIETY EXCELLENT VALUE MWL JB* SAME OLD PRICE MBBBHB $13.80+++ (adult) pSU $B.oo+++ (Child) RCQUj S«t/Sun/PubNc Holidays UHhDHJ 18 noon
      97 words
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      24 22 For further information on which newsstands carry Her World, Go, Singapore Business, Home Decor, Young Parents, please call our Customer Services Section on 1800-749-2577.
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  • Page 23 Miscellaneous
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      Page 23 Miscellaneous Column 1
      1917 23 TODAY'S TV Iwnft—TIHWIHU Prunlit• U M f A f~ R °J a 7.00 AM Preview To Atlanta J? N T E N N I A L WJ® AM TV Innovations: RevCircus with a ST difference Atlanta Olympioa Opening Highlights). 'WB- Faces of Dr Lao, Premiere 12 young woman seeking ven-
      1,917 words
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      113 24 TAP INTO l THE NEW TRADE WINDS ACCOMMODATION PLAN. With our extensive network, you can book into the best hotels around the world with just one phone call or fax to us. From Penang to Paris, from Taiwan to Turkey, wherever you decide to travel, the most exclusive hotels are
      113 words