The Business Times, 22 February 1997

Microfilm: NL20862
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 023/12/96 SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, FEBRUARY 22-23,1997 85c
    14 words
  • Article
    MARKET SUMMARY
    59 1 D SfIJS (-10.70) D ttVLTO (-3.51) n BTOOMP mm 2367.13 (-8.87) Qbtma mm iiuj3 (-6.72) gwimrnaHca Friday Chance KLSKCOiir l,2«L86 -1* NIKKEI 1JUB4J4 -17.17 IfANO SENG 13,444,86 +3U1 SCT INDEX tkmcA JAKARTA COUP _J*49 -118 MAMUOOMP 3JMIJ6 -8.46 TAIIH WPT 7,791.19—>***** SHOULCOMP 1*71 -M.41 CISA CHINA B 1,*****
    59 words
  • Article, Illustration
    Lock icon Property curbs to stay as govt is comfortable with effect: Hu
    625 1  -  Top-end residential property prices have eased by 10-15% Siow Li Sen, Abdul Hadhi [SINGAPORE] Prices of topend residential properties have softened 10-15 per cent and the government has no intention to ease the measures introduced last May to curb
    Source: Bridge Systems  -  625 words
  • Article, Illustration
    Lock icon Boom-bang-boom
    40 1 The sweetest sound at multimedia company Creative Technology didn't come from sound cards yesterday. It came from the drum beat of lion dancers at the topping-out ceremony of the company's new Jurong headquarters. Full report, Pg 7 ERIC CHU
    ERIC CHU  -  40 words
  • Article
    FINANCE
    73 1 nUIMBIiIBB ust St IBS 1.424 jE 1417 2302 Oil 0.6*3 0.844 YEN IM 1813 1.168 MS 0.403 0573 HIS tl» 0.184 BAHT 0039 0.066 SUPUH lit 0.042 0.060 nm bates SINGAPORE* 6.44 tU ALA LUMPUR J.25 JAKARTA 18.90 BANGKOK 11.25 VAMLA 11.50 HONGKONG 8.50 TAIPEI 925 SYDNEY 6.99 TOKYO
    73 words
  • Article
    Private homes being built up 7.6% in Q4 last year
    367 1  -  18*5% jump in new units sold; unsold nnmber rises 14% By\ Diana Oon [SINGAPORE] Both the number of private homes under construction and the number of unsold new private properties rose at the end of the fourth quarter last year
    367 words
  • Article, Illustration
    Lock icon HK, Shanghai and Taiwan stock markets rally
    447 1 Other Asia-Pacific markets mixed, STII eases 10 points AFP Bridge News [SHANGHAI] Stock markets in Shanghai, Taiwan and Hongkong rallied yesterday two days after the death of patriarch Deng Xiaoping, the man who told China that "to get rich is glorious". Other bourses
    AFP; Bridge News; Source: Bloomberg  -  447 words
  • Article
    Lock icon London equities recover after early scare
    215 1 Bloomberg Business News AFP (IX)NDON] The London stock market came a cropper in the first half of trading yesterday on fears Wall Street would continue its downward correction following a 92.75-point fall to 6,927.38 on Thursday. Losses on the Footsie index widened farther to
    Bloomberg Business News; AFP  -  215 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      121 1 Frmtfeci'sßMtfc We ask private bankers and fund managers for some investment ideas in the Year of the Ox, P|3 Ckrmrfcßt Will the extra COEs lead to lower car prices? P|3 MBWTMJPI ♦fltai rf tap-art nritatfel ynpartiat mH« this pg. Remarkable that shares of property companies recently recovered to levels higher
      121 words
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      Page 1 Advertisements Column 2
      8 1 Regional markets, Pg 12-16 Deng focus, Pg 4
      8 words
    • Advertisement
      Page 1 Advertisements Column 3
      78 1 POSB&nk net surplus seen doubling to $86m in 1996, PglO |J§§£ g gip||| gfe Worldwide access with OUB Global Auto Cash Card 2 Convenience of savings, chequeing and fixed deposits in one account High daily interest on your money K One monthly statement detailing all your transactions Visit any OUB/IBS
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Singapore, Argentina private sectors sign MOU
      461 2  -  TDB to lead team of S'pore businessmen to Latin American countries in April hh Yang Razali Kassim SINGAPORE and Argentinian businessmen signed a Memorandum of Understanding yesterday to jointly exploit opportunities in Asia and Latin America as well as in third countries. In a
      AZIZ HUSSIN/ST; Source: IBN  -  461 words
    • Article
      PWD bags UK award for structural excellence
      214 2 THE Public Works Department (PWD) has received an award for structural excellence from the Institution of Structural Engineers, UK (ISE). This is the first time an Asian organisation has been given the award by the ISE, which is an independent non- government body
      214 words
    • Article
      90 firms get grants from EDB for innovation projects
      359 2 NINETY companies yesterday received Innovation Development Scheme grants from the Economic Development Board (EDB) for projects that ranged from re-engineering exercises to the development of a doctor-on-line package to a made-in-Singapore computer game. The EDB yesterday gave out 80 IDS grants
      359 words
    • Article
      PM Goh on African visit
      141 2 PRIME Minister Goh Chok Tong will leave Singapore on Monday for an official 10-day tour of South Africa, Zimbabwe, Namibia and Botswana. This will be Mr Goh's first official visit to the four southern African nations as prime minister. Accompanied by Mrs Goh. government leaders
      141 words
    • Article
      Hard to draw good scholars so IEAPE closing down
      413 2  -  NUS may take over some research functions of think-tank on China By Lu Ning The Institute of East Asian Political Economy (lEAPE), which has been serving as a government think-tank on contemporary China, is to close down and cease its operations
      413 words
    • Article, Illustration
      More training opportunities for Singapore's work force
      361 2 THERE is one training place for every three workers in Singapore. However, the slowdown in the manufacturing sector has led to a decline in the training of workers from the electronics and computer manufacturing industries. In financial year 95, the Skills Development Fund
      361 words
    • Article
      STPB's convention unit to cater to exhibition industry as well
      405 2 Unit revamped as S'pore Exhibition Convention Bureau THE Singapore Tourist Promotion Board's Singapore Convention Bureau has been restructured into the Singapore Exhibition Convention Bureau (SECB) with a new de partment to cater to the growing exhibition industry. The new SECB
      405 words
    • Article
      Making old movies as good as new for telecasts
      433 2  -  Cathay Vidfilm opens facility to target film libraries in Asia If!/' Toh Han Shih A FILM restoration and postproduction facility in Singapore can restore old Asian films to a quality good enough to be broadcast on television. This facility touted to
      433 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      207 2 EXECUTIVE Appointments •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 I 1 J I Nomura Research Institute I (Singapore) Pte. Ltd. We invite applications for the position of I INVESTMENT I ANALYST The succcssful candidate will join a team of experienced analysts whose key responsibilities include conducting investment research and providing analytical
      207 words
    • Advertisement
      Page 2 Advertisements Column 2
      8 2 Ase&n-Mercosur free trade area on cards, Pg 5
      8 words
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  • FOCUS: PERSONAL FINANCE&INVESTMENT
    • BULL'SEYE
      • Article, Illustration
        BT Sentiment Index
        673 3 Those polled for their views on next week's Singapore stock market outlook are: Daiwa Securities, DBS Securities, GK Goh, Kay Hian, Kim Eng. OCBC Securities, Phillip Securities. Sinsaoore Land Ltd ♦(Buy) Merrill Lynch, Feb 17, $9 Resolution of the Shing Kwan House and ICB Building redevelopment project
        673 words
      • Article, Illustration
        In My Opinion
        323 3  -  Paul Schymyck Chief regional economist UllsC (Canadian Imperial Bank of Commerce) um HE RECENT slowI down in several East JL Asian economies does not spell the end of the 'East Asian Miracle'. On balance, the outlook for the East Asian economies is more positive than 12 months
        323 words
    • Article, Illustration
      Taking control is investor's key
      1048 3  -  Some homework in managing one's personal funds is better than letting cash sit idle in the Year of the Ox By: Lee Yoke Har [SINGAPORE] AFTER a somewhat ratty 1996, investors have ushered in the year of the Ox. Unlike the rat, which is full
      1,048 words
    • Article
      Making money from ailing firms
      248 3  -  By I Siow Li Sen [SINGAPORE] Running out of investment ideas? Well, consider alternatives, like investing in securities of financiallytroubled and even bankrupt companies as a way to portfolio diversification, said Michael Gould, client relations director of JW Henry Co, a fund manager. But these
      248 words
    • Article
      ING Barings drops City Dev to 'hold' from 'buy'
      512 3  -  Counter's trading at 48% premium to NAY, says analyst By) Lee Yoke Har [SINGAPORE] Broking house ING Barings downgraded City Developments Ltd this week to a "hold" a major change of heart for property analyst Lim Chung Chun who has held
      512 words
    • Article, Illustration
      Extra COEs may not lead to fall in car prices
      597 3  -  Prices may at best stabilise; for small cars they may go up By Christopher Tan [SINGAPORE] It would be logical to assume that COE premiums and thus car prices will dip from the second quarter given recent announcements made by
      597 words
    • Article
      ACU DEPOSIT RATES Offered by various banks (as at Feb 20, 1997)
      633 3 Bank of CMim WMMH m$ 25,000 2<9,999 ***** 6.1300 6.1300 A$ 250.000 500.000 6.3700 ***** 6.2500 10.000 49.999 5J125 ***** ***** 50.000 (Above 5.4375 5J750 5.3750 500.000 2.499.999 11.8700 ft4400 10.7600 Dn* 2.5 mil 4.999.999 12.0000 11.5600 K)
      633 words
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  • DENG XIAOPING'S DEATH
    • Article
      Lock icon China enters post-Deng era with call for stability
      474 4 BEIJING Top leaders say Bering will continue with policies started by late leader Reuter AFP CHINA stepped up state-spon-sored mourning for patriarch Deng Xiaoping yesterday, with official media issuing glowing eulogies, calls for social stability and pledges of military loyalty to the
      Reuter; AFP  -  474 words
    • Article, Illustration
      Lock icon Last respects
      57 4 [BEIJING] A Chinese adding his wreath to the many bouquets before a giant poster of the late Chinese leader Deng Xiaoping on Thursday. Mr Deng died on Wednesday after a long illness, and although life appears to go on as normal in China, people all over the country
      AFP  -  57 words
    • Article, Illustration
      Teng-hui stuns diplomatic circles with criticisms
      613 4  -  TAIPEI By Bruce Cheesman IN a move designed to appease hawks angered by Taiwan's condolences on the death of Mr Deng Xiaoping and praise of his economic reforms, President Lee Teng-hui stunned diplomatic circles here yesterday by openly criticising China's late paramount leader. President
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    • Article, Illustration
      Wreaths show support of private companies and citizens
      525 4  -  A signal also of demand for reforms to continue unhindered LETTER FROM LAMSHOU By a special correspondent THE scores of wreaths that lined the podium in Lanzhou's Central Square on the evening after Deng Xiaoping's death clearly showed which section of Chinese
      525 words
    • Death clouds future of Deng's children
    • Plenum to be brought forward: report
    • Article
      Lock icon Japan minister sees military vacuum, economic uncertainty
      326 4 TOKYO AFP Reuter A JAPANESE minister yesterday predicted a military vacuum in China following the death of paramount leader Deng Xiaoping and questioned whether his open-door policies would be maintained. "His death should provoke a variety of changes in China," Economic Planning Agency
      AFP; Reuter  -  326 words
    • INBrief
      • Article
        Lock icon Albright's Beijing visit cut by a day
        73 4 Reuter [MOSCOW] US Secretary of State Madeleine Albright will shorten her trip to Beijing by one day because of the death of Chinese leader Deng Xiaoping, her spokesman said on Thursday. He said that instead of holding talks in Beijing on Monday and
        Reuter  -  73 words
      • Article, Illustration
        Lock icon The last photo shows ravages of time
        102 4 AFP [HONGKONG] The Chinese-language Apple Daily of Hongkong yesterday splashed across its front page a picture of Mr Deng taken two months before his death. The photo, taken in late December, showed a partial close-up of the deathly-looking face, Mr Deng's features ravaged
        AFP  -  102 words
      • Article
        Lock icon HK party asks for Deng's ashes
        86 4 Reuter [HONGKONG] The largest pro-Beijing party here wrote to Mr Deng's family to request that some of his ashes be sent to the territory. "We hope you can keep a part of Mr Deng's ashes until after Hongkong's return to China in July 1997,
        Reuter  -  86 words
      • Article
        Lock icon Poster calls for sacking of Li Peng
        73 4 AFP [HONGKONG] A poster calling for Chinese Premier Li Peng to be overthrown has appeared in the southern Guangzhou city, the Oriental Daily News said yesterday. The poster, which also called for a reassessment of the military crackdown on pro-democracy protests in June
        AFP  -  73 words
      • Article
        Lock icon Taiwanese hope for better ties
        44 4 AFP [TAIPEI] Mr Deng's death had little impact on Taiwan and the Taiwanese were hoping for improved cross-strait relations, newspaper polls said yesterday. They also chose Mr Deng over Mao Zedong for making a greater contribution to China. AFP
        AFP  -  44 words
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  • REGION
    • NOTEBook
      • Article
        Lock icon Taiwan gives nod to 35 overseas projects
        61 5 AFP [TAIPEI] Taiwan gave approval for local businesses to invest overseas in 35 projects worth US$73 million (Sslo3 million) in January, the Investment Commission said yesterday. The value of approved investment overseas in the month was down 51 per cent from the same
        AFP  -  61 words
      • Article
        Lock icon China involved in 90% HK re-exports
        77 5 Reuter [HONGKONG] China was involved in HK11.06 trillion (*****.9 billion), or 90 per cent, of Hongkong's total HK$l.l9 trillion in re-exports in 1996, including flows to and from China, Census and Statistics department figures showed yesterday. Re-exports accounted for 85 per cent of the
        Reuter  -  77 words
      • Article
        Lock icon Taiwan's current account surplus falls
        68 5 Bloomberg Business News [TAIPEI] Taiwan's current account surplus fell 20.3 per cent in the three months to December amid higher oil prices and increased purchases of military equipment, the central bank said in a quarterly report The fourth-quarter surplus declined to U552.76 billion (553.9 billion)
        Bloomberg Business News  -  68 words
      • Article
        Lock icon Consumer confidence up in HK
        73 5 Reuter [HONGKONG] Consumer confidence has risen In Hongkong, which returns to Chinese rule in just 130 days, MasterCard International Inc said yesterday. The company said its 1996 fourth quarter index on the territory showed it hit a score of 59.1, close to levels of between
        Reuter  -  73 words
    • Article
      M'sia mulling measures to spur bank mergers: Anwar
      335 5  -  KUALA LUMPUR KL seen stepping up on consolidation after recent aborted deals Reports by Eddie Toh MALAYSIA is expected to unveil new measures to step up the consolidation of the crowded banking sector after two aborted deals recently. Finance Minister Anwar Ibrahim
      335 words
    • Article
      Hong Leong Bank in merger?
      134 5 TYCOON Quek Leng Chan, who had a closed-door meeting with Malaysian Finance Minister Anwar Ibrahim yesterday, is believed to be eyeing a bank to merge with his Hong Leong Bank. Mr Quek declined to comment when approached at Renaissance Hotel yesterday. Instead, he directed reporters
      134 words
    • Article
      Lock icon N Korea replaces PM, prompting purge speculation
      323 5 TOKYO Reuter NORTH Korea yesterday announced the appointment of an acting premier to replace Kang Song San, the sixthranked official in its power structure. The announcement set off new speculation about turmoil in North Korea's leadership since the defection in Beijing on Feb
      Reuter  -  323 words
    • Article
      Summit on business in Islamic world
      242 5  -  SINGAPORE i*y i Said Abdullah SOME 60 top executives and businessmen are expected to attend a two-day summit on prospects and business opportunities in the Islamic world next week in Kuala Lumpur. Touted to be the first of its kind in the world, the
      242 words
    • Article
      Asean-Mercosur free trade area on cards
      442 5  -  SINGAPORE Argentine president sees the move as the next logical step after pact with EU Ity Yang Razali Kassim ASEAN and the Mercosur countries are stepping up talks to form a huge free trade area linking South-east Asia with Latin America. This was disclosed
      442 words
    • Article, Illustration
      Lock icon A threat that takes the biscuit
      46 5 [SYDNEY] A tip truck dumping thousands of packets of Arnotts biscuits at an outer Sydney waste site yesterday. Australia's biggest biscuit making company has been forced to dispose of millions ofpackets recalled from supermarket shelves after a poisoning threat. REUTER
      REUTER  -  46 words
    • Article, Illustration
      Lock icon Japanese stocks a shade down amid weakening of US$
      377 5  -  TOKYO But bullish signs in strong construction and banking stocks By. Anthony Rowley THE US dollar's sudden weakening against the yen and other major currencies, linked apparently to growing fears over the stability of Wall Street, caused Japanese stocks to shade
      Source: Bloomberg; ALLAN  -  377 words
    • Article
      Lock icon Tung move to keep top officials welcomed in HK
      368 5 HONGKONG It offers stability and continuity at a crucial tfwmg paper Reuter HONGKONG'S future leader Tung Chee-hwa yesterday won praise for reappointing the territory's top officials to their positions in his post-co-lonial administration. "His team offers stability and continuity at a
      Reuter  -  368 words
    • Article
      Lock icon HK lawmakers okay pension fund scheme
      169 5 HONGKONG Bloomberg Business News HONGKONG legislators approved a government proposal to spend HK523.3 million (554.3 million) to develop a landmark pension fund scheme. The 31-19 vote, a wider margin than the government expected, breathes new life into the so-called mandatory provident fund by paying
      Bloomberg Business News  -  169 words
    • Article
      Lock icon India won't allow entry of foreign carriers: minister
      262 5 NEWDELHI AFP INDIA'S Civil Aviation Minister yesterday ruled out the entry of foreign carriers into the country but said 100 per cent foreign ownership would be allowed in aviation infrastructure. C M Ibrahim said foreign investors did not want to invest in
      AFP  -  262 words
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  • THE WORLD
    • Article
      Lock icon Fed chairman endorses futures deregulation bill
      386 6 CORAL GABLES, Florida Jrreenspan's support truci&l as futures I exchanges losing out bto freer OTC markets Bloomberg Business News FEDERAL Reserve Chairman Greenspan yesterday enHorsed legislation in Congress |o reduce US government regulation of derivatives and financial futures markets. Mr Greenspan's prepared text for
      Bloomberg Business News  -  386 words
    • Article
      Barings bonds settlement soon
      328 6  -  LONDON By] Neil Behrmann BARINGS bondholders who lost £285 million (*****.5 million) when the bank collapsed two years ago appear set to receive a settlement in the coming months. The investors who have been threatening to take their debtors to court are holders of three Barings
      328 words
    • Article, Illustration
      Lock icon Progress but no deal yet in talks on Nato
      260 6 MOSCOW Reuter US SECRETARY of State Madeleine Albright yesterday said the United States and Russia had made progress on a European security deal, but there had been no breakthrough after two days of intensive talks. Ms Albright, speaking after talks with
      Reuter; AFP  -  260 words
    • Article
      Lock icon US balanced budget hanging in the balance
      256 6 WASHINGTON NYT A US SENATOR, whose support is seen as key to passage of the balanced budget amendment, announced on Thursday he would not vote for the measure, casting doubt on its chances of passage. Democrat Tim Johnson of South Dakota said concerns
      NYT  -  256 words
    • WORLDWatch
      • Article
        Lock icon Russian MPs seek investment curbs
        68 6 Reuter [MOSCOW] Russia's lower house of parliament called yesterday for a wide-ranging ban on foreign investment in key sectors of the economy. Deputies in the communist-dominated State Duma voted 261 to 10 in a first reading to ban foreign activity in areas involving national security
        Reuter  -  68 words
      • Article
        Lock icon Opposition takes power in Belgrade city
        64 6 AFP [BELGRADE] Serbia's opposition took power yesterday in the Belgrade city assembly for the first time in 50 years, the crowning achievement of three months of street protests against President Slobodan Milosevic. During the new council's first session, Zoran Djindjic, one of three leaders
        AFP  -  64 words
      • Article
        Lock icon EU nod for controversial Italian tax
        80 6 Reuter [BRUSSELS] The European Union yesterday bolstered Italy's hopes of a timely entry into a single currency by approving its controversial euro-tax, a one-off measure aimed at bringing its public finances under control in 1997. The EU's statistical office said "the Italian tax on
        Reuter  -  80 words
      • Article
        Lock icon Zero growth seen as temporary
        65 6 Reuter [BONN] Zero growth in the fourth quarter 0f1996 marked only a temporary flattening in Germany's economic recovery and the pace of expansion should pick up during the current year, the Economics Ministry said yesterday. A ministry report described the surge in unemployment in January
        Reuter  -  65 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1704 6 CITY FLIGHT ETA FLIGHT ETD S026 2355 Abu Dhabi JU470 1855 GA890 0120 LH779 2359 BY612 2035 JU471 2010 Fukwfca S0989 1730 S0990 0115 Adelaide S0230 1815 0F82 2050 Guatqzfcou C2351 2035 *30 Hanoi YH741 1310 $0176 030 Amman RJ187 0130 S0175 1910 VN740 UK) Amsterdam
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      474 6 CRYPTIC CROSSWORD f !-1 Key functions of passenger ve- MA HH 4 Biting what people see on H—W 9 Sea-locust evolving? That has no chance of success! (4,5) I I I 11 Body service (4) 12 Corner sometimes obtuse? (5) Hi 16 Inflation closed account (13) 20 Every single youth-leader
      474 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      52 6 DOOWkjadURT By Garry Trudeau 90 ARE ALLTH&SE PEO- f~l OF COURSE. AHPBfiRSARA umjo fteCH >G(JRUSrN£C£S- H HZtONB ANN 0OOP9JBN? I &PEOF7HEA&£ 1 CUeeZMSARY* UKBMARK OF MY 0&T ANP HEX MMA- WTHePH»\ 1560N6T0&1D-\* STUPtW P P 7 WwMOVrt&7BVCV^j IW\ W /tM Arnwjy PW 1 GUYS OUGHT JO 6ET MAR- ■F< aE7^^BHBBMi
      52 words
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  • COMPANIES & MARKETS
    • Article
      MediaGX chip a threat to Creative: analyst
      451 7  -  New chip from US-based Cyrix designed to replace basic add-on cards By. Annette Pau [SINGAPORE] Creative Technology's sound card business may be seriously dented with the launch of US-based microprocessor company Cyrix Corp's new MediaGX processor yesterday. The new chip incorporates multimedia and
      451 words
    • Article, Illustration
      Lock icon Creative Tech hopes to earn $8m in rent
      376 7  -  By, Jennifer Lien [SINGAPORE] Creative Technology said yesterday it will rent out about 30 per cent of the office space at its new Jurong headquarters, a move which could generate over $8 million in annual rental income. "We are looking for similar
      ERIC CHU  -  376 words
    • Article
      A silver lining for Kuok in cloud over Coca-Cola Amatil?
      737 7  -  HOCK LOCK SIEW Russell Baker IT WAS looking as if Malaysian billionaire Robert Kuok had negotiated another shrewd deal last August when he paid A 5667 million (***** million) for an 8.5 per cent stake in Coca-Cola Amatil (CCA). Within
      737 words
    • Article, Illustration
      SingTel sells UK TV stake
      340 7  -  £57m sale part of bid to focus on bigger Asia-Pac projects He/torts by' Teh Hooi Ling (SINGAPORE) Singapore Telecommunications has sold its remaining 33.4 million shares in UK-based cable television company General Cable pic for more than £57 million (*****.1 million). Sing Tel said yesterday
      340 words
    • Article
      WTO pact seen benefiting SingTel
      422 7 [SINGAPORE] Singapore Telecom (Sing Tel) president and chief executive officer BrigGen Lee Hsien Yang said the recent WTO agreement on telecom liberalisation will benefit Sing Tel by pushing down international accounting rates. Speaking to reporters after the launch of the company's new Talk Shop scheme,
      422 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article
        George Town plans first venture into financial services
        439 8  -  Retail company to bny Geneva-based bank and subsidiary for over Mslo7m Hyy Catherine Ong [SINGAPORE] George Town Holdings, a retail and entertainment company, is planning its first move into financial services with the proposed purchase of Genevabased Banque Financiere de la Cite
        439 words
      • Article
        Lock icon Promet in Indonesian oil and gas joint project
        106 8 Reuter [KUALA LUMPUR] Promet said yesterday it has agreed to a joint venture with two Indonesian parties to bid for oil and gas projects in Indonesia. It said the pact is with PT Timah Tbk and PT Dok dan Perkapalan Air Kantung,
        Reuter  -  106 words
      • Article, Illustration
        For sale: White House Park homes
        302 8  -  By Tan Su Yen [SINGAPORE] Looking beyond Ardmore Park, Marco Polo Developments is poised to put the luxurious White House Park bungalows on the market next month. Marco Polo executive director David Lawrence told BT that the first phase of five out of the
        302 words
      • Article
        DBS leads Rashid Hussain's M$2.2b credit facility
        270 8  -  By. Eddie Toh in Kuala Lumpur RASHID Hussain Berhad has secured a M 52.2 billion (551.26 billion) standby letter of credit facility from Singapore's DBS Bank and other offshore banks in Labuan to bridge finance its purchase of a 75 per cent stake
        270 words
      • Article
        Lock icon Ekran wins M$8b Kedah reclamation job
        248 8 AFP [KUALA LUMPUR] Ekran Bhd, developer of the Bakun dam, has won a multi-billion-dollar project to reclaim land in Kedah, The Star newspaper reported yesterday. Ekran executive chairman Ting Pek Khiing said the company had received approval from Kedah's authorities, and the consent of
        AFP  -  248 words
      • COMPANYBriefs
        • Article
          Berger Int'l MD replaced
          35 8 (SINGAPORE) Berger International announced last night that Edward Brue Cowie will cease to be its managing director from Feb 28. It has appointed Vincent Hong Chuan Cheok as acting managing director.
          35 words
        • Article
          Lion Asiapac names Sam Chong Keen MD
          29 8 [SINGAPORE] Lion Asiapac has appointed Sam Chong Keen as its managing director. Mr Sam was formerly managing director of Comfort Group Ltd.
          29 words
        • Article
          Corrections and clarifications
          93 8 IN OUR report "Wing Tai buys stake in Winsor for HKsl66m" yesterday, we incorrectly referred to Edmund Cheng as chairman of Wing Tai Holdings. He is, in fact, the deputy chairman while the chairman is Cheng Wai Keung. We are sorry for the error. INTERNATIONAL Tech Park
          93 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        808 8 «HHl Voy to Mrt* Arrival Dapartare [gaHH OS JM nongsida 22.02/2300 (M, 1/97 J19 alongside 27.02/2300 lucky Emww 4 J04 MorxpxW 02W500 Pa 2509 020M J02 atongsicX 22.02/2330 S Siiottvtjrs 369 J17 alongside 22.02/1800 tun 1 J10 alongside 31.02/2300 0V97 J07 alongside 22.02/2300 tea 40-* J» 22.02/2300 24.02/2300
        808 words
      • Article
        CONTAINER SCHEDULES
        1752 8 RECEIVING OF EXPORT FCL CONTAINERS ANO LCI CARGO Bookinq/Mance Rstls Ship Voy No Etb/Btr Period From To From Ac, S.M 25M 24/0700 21 21/1700 22/0*59 22/0900 3 22/0700 22/1159 22/1400 4 22/1200 22/1459 22/1700 fcc7»ioW 1>70« 24/2359 2VHOO lv*S9 7VI900 21 21/1700 22/0(59 22/0900 3 22/0700 22/1159 22/1400
        1,752 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Peregrine under scrutiny in Seoul over Midopa stake
        335 9 Watchdog probing some brokerages to see if they breached trading riles Bloomberg Business News [SEOUL] South Korea's securities watchdog is investigating Peregrine Securities International Ltd and other brokerages to determine whether they violated trading regulations, an official said. The investigation of the
        Bloomberg Business News  -  335 words
      • Article
        Belgacom records 21.5% jump in profit
        316 9  -  Sing Tel, SPH to earn 5564.6 m and Ss7.2m from their stakes By' Teh Hooi Ling [SINGAPORE] Belgacom Group the Belgian telecommunications venture in which both Singapore Telecom (SingTel) and Singapore Press Holdings (SPH) have stakes has reported a 21.5 per cent jump in
        316 words
      • Article
        Lock icon UBS posts first loss since WWII, expects rebound
        326 9 Bloomberg Business News [ZURICH] Union Bank of Switzerland (ÜBS) yesterday became the first big Swiss bank to report a 1996 loss and said it expects earnings to rebound this year as a reorganisation takes hold and Swiss loan losses subside. ÜBS posted
        Bloomberg Business News  -  326 words
      • Article, Illustration
        Lock icon Honda third qtr earnings soar 237%
        499 9 Bloomberg Business News [TOKYO] Honda Motor Co said its group net profit in the third quarter rose 237.3 per cent on year to 61.9 billion yen (*****.8 million), putting the automaker well on its way to the most profitable year in its 49-year history.
        Bloomberg Business News; Source: Bloomberg  -  499 words
      • Article
        Lock icon Seven accepts conditional offers to buy Optus Vision
        447 9 TV network must first win case against fellow shareholders Bloomberg Business News [SYDNEY] Seven Network has accepted conditional offers to buy 98 per cent of Optus Vision, an Australian cable television company, for either A 5648.7 million (*****.6 million) or A 5533.8
        Bloomberg Business News  -  447 words
      • Article, Illustration
        Lock icon Mini-robot at work
        91 9 [TOKYO) An employee of Japan s electronics maker Toshiba Corporation staring at a newly-developed micro robot removing a foreign object inside a pipe at its headquarters in Tokyo yesterday. The world's first miniature inspection robot, which measures 110 mm long with an external diameter of 23mm at
        AFP  -  91 words
      • Article
        Lock icon Ssangyong seeks foreign partner for debt-ridden auto arm
        291 9 Move sign of troubled ties with Mercedes which owns 3% of unit Bloomberg Business News [SEOUL] Ssangyong Group, South Korea's sixth-largest industrial conglomerate, said it will seek a new foreign partner and take other "drastic" measures to revive its lossmaking auto business.
        Bloomberg Business News  -  291 words
      • Article
        Lock icon Compaq unveils new PCs costing less than US$1,000
        332 9 Reuter [HOUSTON] Compaq Computer Corp's latest offering, a personal desktop computer priced at less than US$l,OOO (551.400) plus a monitor, hit the stores on Thursday with a new Pentium-compatible chip expected to spawn a new generation of less expensive personal computers. Packaged
        Reuter  -  332 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon France in 30b franc aid bid for Credit Lyonnais
        458 10 Application for EC approval for extra sum expected to face strong opposition FT [BRUSSELS] The French government is about to seek European Commission approval for a plan which could provide up to 30 billion francs (557.5 billion) in new aid to
        FT  -  458 words
      • Article
        Lock icon Aussie banks eye Asian markets
        121 10 Reuter [MELBOURNE] Major Australian banks have renewed their Asian strategies and are moving quickly into the region as life gets tough at home. Three of Australia's biggest banks have rekindled their Asian ambitions in the past months as competition hots up for the local market
        Reuter  -  121 words
      • Article, Illustration
        Lock icon US$ to test downside soon
        407 10 USS/mark: As expected, the upside was limited for US$/mark this week. The unit rallied to a high of 1.7049 on Tuesday before dipping to a low of 1.6803 on Wednesday. Yesterday morning, USS/mark was seen trading around the 1.6870 level. Further test of the downside
        Source: DBS Bank; ALLAN  -  407 words
      • Article
        POSBank net surplus seen doubling to $86m in 1996
        390 10  -  Bank helped by better interbank rates, redaction in liquidity requirement By\ Siow Li Sen [SINGAPORE] POSBank net surplus for 1996 will double that of the previous year, to $86 million, due to a recovery in interbank interest rates and an easing
        390 words
      • Article
        Lock icon S'pore banks maybe downgraded if Asia slows down sharply
        268 10 Bloomberg Business News [SINGAPORE] Moody's Investors Service said Singapore banks may risk having their credit ratings downgraded if there is a sharp slowdown in economic growth in Asia. "It would have to be quite a downturn, but it could happen," said
        Bloomberg Business News  -  268 words
      • Article
        Lock icon Euroyen edges up on JGB gains
        230 10 SIMEXReport Reuter (SINGAPORE] Simex Euroyen futures inched higher on the back of a sharp rise in Japanese government bond (JGB) futures yesterday as players covered their positions after the previous day's drop. "There was short-covering ahead of the weekend but the Japanese players were
        Reuter  -  230 words
      • Article
        Strong cash market spurs futures' rise
        205 10  -  MSCI TAIWAN FUTURES By i on t Perry Gilbert, vice president, Refco Singapore Pte Ltd [SINGAPORE) Simex MSCI Taiwan Stock Index futures traded upward yesterday, inspired by the underlying cash market (Taiex) which experienced its biggest gain in more than a week to close
        205 words
      • Article
        Lock icon Oil hits 6-mth low, more losses forecast
        227 10 ENERGY REPORT Reuter [LONDON] World oil prices melted to six-month lows at under US$2O a barrel yesterday as traders said good-bye to the heating oil season and faced more Iraqi barrels hitting the US market. The 20 per cent drop in Brent crude
        Reuter  -  227 words
      • Article, Illustration
        Untitled
        1468 10 IWTERBAMK CROSS RATES mm A$ C$ toib ECU Ffr Dm HKS Yen Wo*">W WBNfc* Nto 1$ Dmt Sir «t$ MM fowi Australia 1055 6.178 0.675 4.413 1.307 6.000 27.818 18.510 0.953 6.643 1924 1.114 ***** 20.415 1104 3.471 1.145 ***** 20.102 0.479 0.775 Cauda 0 948 6.110 0.640 4.184 1239
        1,468 words
      • Article
        Lock icon CURRENCY REPORT
        283 10 Reuter AFP London THE US dollar was narrowly mixed in quiet trading amid a dearth of market-moving news. Dealers said dollar trade was fairly quiet and based largely on chart levels. An analyst said that the dollar is still set to move higher over the medium term, although
        Reuter; AFP  -  283 words
    • Article
      COMMODITY PRICES
      1658 11 I nOOMrOTOKBS Feb2i 1 HMCI(MvMCio*(«all30|a) ISS1 COMTtACT(ScMbA«) Om* VafaM Ojm mmfc I— »*t (taa»») lattmt M«r 97 (7100 700 Aar 97 ***** 775 May 97 ***** 1225 Jaa 97 ***** 1975 MSap 97 ***** 5535 oct/OK 97 imoo mM 177.50 375 4650 Jin/Mar 96 ***** KS 3 CONTtACT
      1,658 words
    • Article
      WORLD STOCK MARKETS
      2321 11 OtS v«« <*»* London: FTSttOO 43*3 CAC-40 23*2.54 040 Stockholm: OMX 1*3*23 -2.6 mmrfurtOAX 3,IM.O« n« •riMMta: BEL-20 tmtrf Mt«cMH>-30 ».42» -U Amsterdam: EOC T21.92 -4.T9 ZurtdcSM) 4322-5 6-3 J0W»J«ft«-tnd SJ71.4 -123 n»» v °wr Toronto: TSlComp 630S.07 *»-T9 Naw York Oow Jonas 6,***** -92.T5 imm MntrUt
      2,321 words
    • Article
      Lock icon TOKYO
      1487 11 AFP P Nikkei 225 -17J7 SHARE prices fell yesterday, with the key market barometer closing 0.1 per cent lower due to profit-taking on blue chips, brokers said. "The sharp decline on Wall Street overnight threw cold water on the emerging optimism, but did not 'blow out* the underlying positive
      AFP  -  1,487 words
    • Article, Illustration
      Lock icon HONGKONG
      1554 12 AFX-Asia Q Hang Seng +3152 SHARE prices closed firmer yesterday, with property stocks limiting gains after Thursday's rally as the broader market showed resilience after the sharp decline on Wall Street overnight, dealers said. The Hang Seng Index closed up 33.52 points at 13,444.85. The February contract was last
      AFX-Asia  -  1,554 words
    • Article, Illustration
      Lock icon CHINA
      630 12 Reuter Q Shenzhen Blnfcx *7.43 THE Shenzhen B market closed higher yesterday with investors increasingly confident over China's stability in the aftermath of its paramount leader Deng Xiaoping's death, brokers said. The B Share Index rose 7.43 points, or 5.2 per cent, to 150.96 on turnover of HKJ127.19 million.
      Reuter; Source: Credit Lyonnais Securities (Asia) Ltd  -  630 words
    • Article
      Lock icon TAIPEI
      409 12 AFP QWPbfcx +U3JS SHARE prices rose 1.5 per cent to their highest closing level in almost seven years yesterday as investors expected more gains for the market. "The market continued its bullish run as sentiment was bolstered by the governments commitment to support financial markets," said a trader. The
      AFP  -  409 words
    • Article
      Lock icon WELLINGTON
      263 12 Bloomberg Business News n Wellington -24J32 SHARES fell yesterday, amid continued pessimism provoked by a raft of disappointing company results. The NZSE Top 40-share Index fell 24.32 points to 2,301.53. NIH u$ ***** ANZB*nfcmq 9.40 unch 7429 Advent <4*1 HkJqs 12S unch 3500 Air Not Z**Und (A) 2.79 -0.01
      Bloomberg Business News  -  263 words
    • Article
      Lock icon MANILA
      339 12 AFP □Manila -8.45 STOCKS fell 0.3 per cent yesterday on a technical correction, analysts said. "There was no bad news. It just corrected," said a trader. The PSE Composite Index lost 8.45 points at 3,301.98. Turnover was 35.5 billion shares worth 3.7 billion pesos. PLOT fell 20 pesos to
      AFP  -  339 words
    • Article
      Lock icon SEOUL
      425 12 Bloomberg Business News C 1 Composite Index -24.41 STOCKS took their biggest tumble in a month yesterday, led by Samsung Electronics, as higher corporate borrowing rates fuelled concern earnings will slump. The yield on the benchmark three-year corporate bond jumped 0.15 percentage point to 12.47 per cent on news
      Bloomberg Business News  -  425 words
    • Article, Illustration
      Lock icon JAKARTA
      741 12 AFP P Composite Indg -118 SHARE prices closed lower yesterday as investors locked away profit on selected shares. "I think investors were only trying to lock in profit. There is no bad news that should make investors lose their confidence in this market," said a dealer. The Composite Index
      AFP  -  741 words
    • Article
      Lock icon SYDNEY
      621 12 AFP PAD Ordinaries -LP SHARES closed barely lower yesterday after the market recovered from an early slump amid strong trading in gold and resources stocks. "It was quite a recovery from the open where we were down 16 points," a trader said. The All Ordinaries Index bounced back from
      AFP  -  621 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8312 13 INDUSTRIALS Consumer product* 1997 Last Vol Day Net Cap Law Company SaH OOO MlgK Low P/E SmH 770 680 Ajinomoto 755 -15 19 760 745 57.6 306.0 444 334 Anqkasa 432 unch 719 438 432 12.8 636.9 905 750 Apollo Food Mia 830 -30 73 860 830 332.0 404 189
        8,312 words
      • Article, Illustration
        Lock icon Shares close mixed in active trade
        576 13 AFX-Asia Composite Index -336 SHARE prices closed mixed in very active trade yesterday with retail interest in second-liners and second board stocks keeping volumes up while selling of blue chips by local funds dragged the composite index down, dealers said. The KLSE Composite Index
        AFX-Asia  -  576 words
    • WARRANTS&OPTIONS
      • Article
        Antah wrt has potential to rise
        251 14  -  WARRANT WATCH Ven Sreenivasan AS WE have often said before, warrants are usually the first to fly in a bullish market. But with the market having risen quite a bit in recent weeks, the task of spotting a warrant which offers a good combination
        251 words
      • Article
        Untitled
        3994 14 BONDS, LOANS WARRANTS m 1996/1947 LMt Va« D»y L*« Quota An* NX* Lm Stan Company Sate ♦or- COOO) High Low Buyar wt« Pric. 65 47 m 3000 m AM08 c5.5%*****6 63 »1 28 63 62 62.5 63 62 39 3t60 "Acar ******1 USS 58 -3 128 62 57.5 57.5 58
        3,994 words
    • Article
      CLOB INTERNATIONAL
      2431 14 MALAYS)AM STOCKS Of Of Last Vo4 Day Last Ouota Mv Mv VM Nat M Cap L— Stna Campany SaH COOP) HM> Urn Buyar Saiar C»r P/C "625 360 mi 5000 AISBSOc 422 *6 29 424 410 422 424 5.0 4 9 0-3 87.6 432.9 132 84 im 5001
      2,431 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1694 15 TURNOVER COOO) VALUC (*000) Ma eio» mm cut T«m Industrie 121.843 51.878 173.721 255.770 95,887 351.6S7 Fin*oc» 7.919 34.000 41,919 88J28 44.830 133.058 Hotel! 2.722 2.079 4,801 8,709 4.949 13.659 Proo»rt1« 4.974 39,376 44.350 31.010 ««.77S 99.784 PUnUlton 3.355 3J55 ».730 9.730 Mtn.no 440 440 1.433 1.433 8LW 14.895 40.738
        1,694 words
      • Article
        MAIN BOARD
        4811 15 Gr Or M Wt IOOA/KM7 lad Vo4 0«Y L*st Ouot* Otv Mv YM Net Cap Ayg Htqn Low StNo Company Sal* COOO) Htgli Law Buyer C*T P/C JmK Price INDUSTRIALS 5146 ASENTStO 200. US- 1000 900 1275 ASFUS$0.***** US900 8 ,®5 .,J m i 214 163 1258 A
        4,811 words
      • Article
        SESDAQ
        1231 15 Of Or M Wt 1996/1997 Last Vol D«y Last Ouet. Div W» Yld Net Cap Hlqh Low StNo Company SaM COOO) Mi«h Low Buyer Seller C *r P/E Smll Price SESBAQ 289 135 e 2000 ABR Hldas 5c. 169 -I WO T75 169 169 170 3.0 1*2 0.1 105.6
        1,231 words
      • Article, Illustration
        HOT STOCK
        62 16  -  UJfs by I Shiv Tanaja HESHE HOLDINGS, which closed 0.5 cent higher at $0.455 on a volume of 8.35 million yesterday, is near its 12-month high. But there is still more upside for this counter, based on the directional indicators especially the MACD chart. However, investors should exercise
        62 words
      • Article
        Untitled
        223 16 Stacks ta'lnsas BM 24,075,000 THLeooq Prop 50 12,725,000 v Asian Pac HWg 12,500,000 Casa HWgs 10c 10.402.000 Nobel Design 5 9,903,000 Pac Andes 20c 9.845,000 Wee Poll 20c 9,660,000 HesJte HMqs 25 8.350,000 Fu Yu Mfg 10c 7,063,000 Nippecraft 10c 7.056,000 Stacks Keppei Corpn 43,429,423 U08 Foreign 35,228,953 •HLeong Prop
        223 words
      • Article, Illustration
        Share prices retreat in pre-weekend profit-taking
        665 16  -  Property stocks poll back as well; market watchers see results season and Wall Street volatility as factors in next week's trading STOCK MARKET COMMENTARY By Ven Sreenivasan [SINGAPORE] Stock prices fell yesterday as investors decided to cash out with their gains ahead of the
        665 words
      • ON THE GRAPEVINE
        • Article
          Lost for good
          64 16 HERE'S why customers stop being customers, according to a research by Miller Business Systems. The firm found that 68 per cent leave because of poor service; 9 per cent prefer a competitor's product or service; and 3 per cent move elsewhere. Then there's this one per cent
          64 words
        • Article
          'Fun' manager
          145 16 PETER LIU, regional marketing director of Prudential Mutual Funds, had a conference in spilts yesterday with his wits. A Chinese Irishman (half Chinese, half Irish), who is an Australian citizen, Mr Liu started off with some "supposedly" Chinese saying (having recently visited his father's hometown in China). "Success
          145 words
        • Article
          Going glam
          117 16 NOTHING like a little glamour and fashion to boost the morale of a bunch of intellectually disabled kids, and meet some of the funding needs of the Thye Hua Moral Society. The society (whose motto is: To Serve Mankind) said recently that they have invited top models from
          117 words
        • Article
          Nice try
          77 16 nice 117 HERE is something that caught our eye in a recent issue of Global Private Banking: "Latin American private bankers are descending on Uruguay for the peak holiday season at the exclusive resort of Punta del Este as increasingly they believe It presents one of the best
          77 words
        • Article
          In code
          106 16 WHERE are the good old days when analysts recommended a buy, sell or hold on a company. Well, these are the 90s, and nothing Is that simple anymore. Here is a selection of some of the more esoteric recommendations (if you can call them that) that a fund
          106 words
        • Article
          From the telly to banker
          74 16 FOR those who know her (and that would be almost everyone in town who has watched the English news on local television) Nicolette TJoa, a TCS newscaster, recently quit to join a bank. No, we understand she isn't handing out loans (for the time being,
          74 words
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      9 7 Comp&q unveils PCs for less than US$l,OOO, Pg 9
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      282 7 USINISS The only monthly business magazine that gives you the Singapore perspective of the local and regional business scenes BUSINESS BUSINESS BUSINESS inrirf Tf EXOCIItLV6 Condos 7" Singapore Telecom lVldi\Jg\cl It Wild card in the property market "IT* Bl Mhll B Written by the same experts who bring you the
      282 words
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      49 9 When the Market gets Going, the Savvy Keep track of the latest Singapore and Kuala Lumpur stock prices on BT Stockwatch Jpp http://www.asial.com.sg/btstocks us ect» ww ns 1 BUSINESS CENTRE YOUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS NEWS AND INFORMATION For an Internet account call Cyberway at 843-4800
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      42 12 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. ♦The Bangkok stock market was closed yesterday. Singapore Business Giving you the winning edge
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      8 13 Home Decor -For people who love their homes
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      142 13 "~Land Transport Authority Infoline_ COE Bidding Results Car Registration Number Availability. Available on 10th or 11th of every month. All yo« Available between Saturday and Wednesday each week. All you need is need is enter your IC, Passport or Company Registration entcr your Registration number, number and the Vehicle Category
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      22 15 ROV EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL 235 2536.
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      49 15 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
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      441 16 BUSINESS XI'MKMM < -I KM sn|l74MW IN THE MATTER OF THE COMPANIES ACT, CAP. 5# AND IN THE MATTER OF ZANORA PHARMA PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OP RESOLUTIONS At an Hutraordinary General Meeting of the members of the abovenamed Company duly convened and held al 133 New
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      204 16 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF BET ALAND COSMOS SYSTEMS PTE LTD On Members' Voluntary Liquidation) FINAL MEETING NOTICE IS HEREBY GIVEN in pursuant to Section 308(1) of the Companies Act, Chapter 50, that a Final General Meeting of the abovenamed company
      204 words
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      29 16 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock i pages of The Business Times and Lianhe Zaobao.
      29 words
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      Page 16 Advertisements Column 4
      88 16 Home Decor For people who love their homes I M I Rising,,, Occasion °p en n B s aft anniversaries ISO certification ceremonies ceremonies '*P r HUf' IP '•'P < vIP* a v V These and other corporate milestones present perfect opportunities to enhance your corporate image with a self-funding
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  • USERS Trends
    • Article, Illustration
      Lock icon A revitalised US-Japan alliance should cause no alarm in Asia
      1112 17  -  Kaiyh A cossa provides reasons why the recent effort to revitalise the US-Japan alliance should be welcomed in the region Ralph A Cossa Dr Ralph A Cossa is Executive Director of the Pacific Forum CSIS, a Honolulu-based research institute affiliated
      ALI YUSOFF/ST  -  1,112 words
    • Article, Illustration
      Lock icon New direction in Japan's foreign policy?
      1683 17  -  It has been called the "Hashimoto Doctrine" in South-east Asia, hut the reality is more ambiguous. By] Lam Peng Er Dr Lam Peng Er is with the Department of Political Science. National University of Singapore. ASPIRING to play a more active and larger role
      LIM SIN THAT/ST  -  1,683 words
    • TRENDS 2
      • Article
        Empowerment of Cambodian workers
        1059 18  -  Foreign investors are looking nervously at the first signs of labour unrest Observes SorpongPeou Sorpong Peou l)r Sorpong Peou is a Fellow at the Institute of Southeast Asian Studies. POR many observers of Cambodia, the recent labour unrest there could set a dangerous precedent. A new
        1,059 words
      • Article
        Latent contests of culture are surfacing
        1375 18  -  BOOK REVIEW Amyn B Sajoo Dr Amyn B Sajoo is a former Canada-Asean Fellow at ISEAS, and currently an independent consultant based in Vancouver. Samuel P Huntington. The Clash of Civilizations and the Remaking of World Order, New York: Simon Schuster. 367 pages PIRST
        1,375 words
    • TRENDS 3
      • Article, Illustration
        Lock icon Vietnam's enterprise reform
        1257 19  -  The country cannot blindly import foreign models in its economic transformation. It has to find its own development path. David B d Truong ana Carolyn i« Gates look at the issue against the rise of state industrial conglomerates David H D Truong, Carolyn L Gates David H
        AFP  -  1,257 words
      • Article, Illustration
        Lock icon The Vietnamese media's fight against corruption
        1175 19  -  Gone are the days when a Cabinet Minister or a Provincial Party Secretary would be broogfrt to book through the of the press By] Russell Heng Russell Heng is a Fellow at the Institute of Southeast Asian Studies. IN keeping with political and economic
        AFP  -  1,175 words
    • TRENDS 4
      • Article, Illustration
        Lock icon China's position on collective security
        1131 20  -  Beijing shows an ambiguity towards collective security arrangements in the Asia-Pacific region. T<m Jt explains why You Ji Dr You Ji is currently a Lecturer in the Political Science Department, University of Canterbury, New Zealand. IN the post-Cold War era, countries in the Asia-Pacific region
        REUTER  -  1,131 words
      • Article, Illustration
        Lock icon India and S-E Asia: neighbours at ease
        1618 20  -  Multifaceted relations have expanded enormously in recent years, but there are still a few uncertainties IUj. Kripa Sridharan Dr Kripa Sridharan is a Lecturer with the Department of Political Science, National University of Singapore. AS regional neighbours, India and the South-east Asian countries
        MALCOLM MCLEOD/ST; AFP  -  1,618 words
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      385 18 Trends A monthly p*ibtirwtH»n >»< ttu* Institute «>< N»mth«*as< A»ian Nudity The Publication Editors-in-chief S. Rajaratnam Chia Siow Yue Editor Derek da Cunha Associate Editor P. Lim Pui Huen Assistant Editor Ronald Kow Business Manager Leonard C. Sebastian International Advisory Committee Jose V. Abueva (Philippines) Chan HengChee (Singapore) Stephen FitzGerald
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      124 19 J ■OTOI W i Southeast Asia 1997-98 I Written in a format and style that is easily readable, Regional j Outlook provides succinct yet substantive overviews and geopolitical and economic together with the likely trends EhEnS INSTITUTE OF SOUTHEAST ASIAN STUDIES This year s issue also includes an expanded overview
      124 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Mind, body and spirit connections
      1501 21  -  An increasing number of people are turning to self-improvement centres in a bid to get in touch with their inner selves, apprhtphrbra finds out more COVER STORY AUDREY PERERA SENIOR executives learning about the effects of smell on their moods. Teenagers and toddlers discovering intuition
      1,501 words
    • Article
      What's big in the Age of Aquarius
      592 21 Mention the term New Age and you are likely to meet with wariness and suspicion. Coined, it is believed, during the *****, it refers to the Age of Aquarius, which, astrologically speaking, we are entering at or about the year 2000, after we
      592 words
    • STRAWS In The Wind
      • Article
        Star treatment
        91 21 BEAUTY tip for women. If you're at Planet Hollywood and feel the need for a quick makeover after gazing at all the pictures of screen sirens, just nip into the ladies' room. There you'll find an amazing range of products like nail polish, lipstick, hair-spray, brushes (in a
        91 words
      • Article
        Home-grown Frasier
        94 21 CLASS 95 FM's deejays Joe Augustin and the Flying Dutchman found themselves playing radio shrinks a la Frasier on a phone-in show after listeners were asked what they would change in their lives if they could. Said one caller: "My wife. She's a living nightmare." Another woman, clearly
        94 words
      • Article
        Modest expectations?
        42 21 AN AD for an upcoming concert announced: "Hootie and the Blowfish. Live in Singapore. Indoor Stadium (reduced capacity for more intimate atmosphere)." Makes you wonder if the organisers really want intimacy or whether they're afraid they can't sell enough tickets.
        42 words
    • PROFILE
      • Article, Illustration
        Lock icon Princely preoccupations
        1607 22  -  Cambodia's First Prime Minister Prince Norodom Ranariddh tells habtbw mebta about the need for clean politics and his grand plan for a common political platform among the country's parties HARISH MEHTA ONE COULD easily be made to believe that it was election time in Cambodia. The general election
        FILE PHOTO  -  1,607 words
    • ART
      • Article, Illustration
        Lock icon Vivid testimonies of a rollercoaster life
        1507 23  -  Technology, taxidermy, science and symbols are all strikingly used in the works of contemporary American artist Robert Rauschenberg. ben mumboe takes a closer look at them BEN MUNROE CONTEMPORARY American artist Robert Rauschenberg is a whirling dervish who, at 71, is still prolifically creating
        COPYRIGHT: ROBERT RAUSCHENBERG VAGA/ARTISTS HIGHTS ASSOCIATION, NEW YORK; Copyright© 1991 Morgan Stanley Capital International; PHOTO OF ARTIST RD CHAPPELL INC  -  1,507 words
    • Article, Illustration
      Space rangers to the rescue
      635 24  -  CINEMA Brace yourself for more intergalactic action as the good starship Enterprise confronts alien attackers in Star Trek: First Contact By. Holly Harrison PERHAPS the real question raised by Star Trek: First Contact isn't "Is resistance futile?" but rather "Do you have to be a
      635 words
    • Article, Illustration
      Brilliant in fits and starts
      619 24  -  CINEMA Arthur Miller's play has all the elements of an engaging drama, but as a movie, The Crucible fails to cast a spell on this reviewer Ihl i Corinne Kerk LIES, lies. lies. That's just about the best way to describe Arthur Miller's screen version
      619 words
    • Article, Illustration
      Lock icon Fun at Flanagan's
      538 25  -  NIGHTSPOT liy i A Surendren I CONFESS, Father, I have been to yet another Irish pub in Singapore. Tis the fault of the dark liquids the silky slide down the throat of the fragrant Kilkenny and smoky Guinness is just too hard to resist. My latest temptation
      ARTHUR LEE  -  538 words
    • Article, Illustration
      WHAT'S ON
      353 25  -  Compiled by M Yasotha DAMCB SOT'S Coppeiia A re-staging of this full-length classical ballet about Dr Coppelius and his desire to bring his beautiful wooden doll to life. Presented by the Singapore Dance Theatre, it promises lots of colourful costumes and beautiful settings. Mar 6 to Mar 8,
      353 words
    • EPICURE
      • Article, Illustration
        Lock icon Somebody please find us a waiter
        434 26  -  RESTAURANT Planet Hollywood has award-winning visuals- What it doesn't have is great food and decent service Corinne Kerk HYPE sells. There's no better proof of this in Singapore than Planet Hollywood. After all, since when have big names like Bruce Willis, Sylvester Stallone, Cindy
        ARTHUR LEE  -  434 words
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        Lock icon Rice bowl of surprises
        747 26  -  At Kurina Japanese Restaurant tax su ten discovers a host of healthy, home-style dishes prepared by the husband and wife team of Yasuo and Ryoko Yonezawa TAN SU YEN OVERALL RATING. 7.5 out of 10 DRESS CODE: Casual JAPANESE restaurants in Singapore have reached the stage
        CHRIS LOH  -  747 words
      • Article, Illustration
        Lock icon Back to the good old days
        494 26  -  RESTAURANT Nonya staples are served up with lots of enthusiasm at Old Time Favourites By Jaime Ee WE ALL know that new restaurants are taking a big risk when they open, but somehow, Peranakan restaurants seem to have it harder than others. The moment
        CHRIS LOH  -  494 words
    • Article, Illustration
      CINEMA
      1158 27 All's Well End's Well '97. The Lo family and their problems, starring Stephen Chow. In Mandarin with English subtitles. Century: 1; 9.15. Changi: 3; 7.15. Commonwealth/Clementi: 1.30; 3.30; 5.30; 7.30; 9.30. Eastshore; 5; 12am. Golden: 1; 5; 9. Mandari/i: 6. Marina: 1.15; 6; 7.45. New Town/New Crown: 1.30; 3.30;
      1,158 words
    • TRAVEL
      • Article, Illustration
        Lock icon A glorious stretch of sunshine
        1375 28  -  Looking for somewhere new to visit in Queesland? ooh hwhb Law recommends Sunshine Coast which has yet to be discovered by the rest of the world GOH HWEE LENG The writer's trip from Perth to Brisbane was sponsored by Ansett Airlines Brisbane sounds ever so
        JEN CHUA  -  1,375 words
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      6 21 Profile Prince Norodom Ranariddh EL 2
      6 words
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      94 21 Travel Queensland's glorious Sunshine Coast EL 8 #> Hotel California. #> At Seasons, you'd be forgiven for thinking you were at the birthplace of contemporary American cuisine. The menu is highly Hollywood, the regional flavours real Rodeo Drive. And the creativity is so cool it's enough to mate any Californian
      94 words
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      36 22 WITH SINGAPORE CONNECT: Partners Programme HfeLX^«Bf 8 00( connections can H make a world of difference >SIF JMr or call Wendy Chua at 740-2236 ■HHH||H|^| Reach customers and business partners around the world with Singapore Connect
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      60 24 i./ *1 What s crucial at cacti |V ■^j^j DiBIIIianCV Sialic V' Jtil& 78 1 -?l 111. STOP PRESS kiosks Times the Bookshop Kinokuniya MPH NTUC Supermarkets 7-Eleven Cold Storage Shell Esso Caltex Mobil SPC BP Published by Times Periodicals. Member of 4MV Singapore Press Holdings Game over! What's next?
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      66 24 H3MEME® Latest colour Opz Versatile A splash of 1 Great schemes tables at $39 IO I boldness I cJ-r sofa beds IvJvJ I t I 11 11*-"*".l 11: t i II 3 > v GET IT NOW! FEBRUARY '96-MARCH '97 HOME DECOR $4.50 Times the Bookshops NTUC Supermarkets Kmokuniya 7-Eleven
      66 words
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      408 25 Where to wine, dine and entertain Magical /u/M coffee house WEEKEND y I: 3t 6 a celebration/ Delight the kids with a "Hocus Pocus" and spell bind them with MAGIC SHOW [HIGH TEA I Every Sunday Adult: $12.00+++ m 1.00 pm 1.30 pm ('hild S 7.so+++ 3.30 pm 4.00 pm
      408 words
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      143 25 o o 0 O Hillttip Cduntje 'Specials O o 1 January to 31 March 199? frlot valid durinqjestfve periods)o o o o o O O From 11.00 am to B.oopm daily, enjoy ALL local and imported beers and stouts (except Irish beer) at $5.00 per glass/ bottle Draft beer at
      143 words
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      Page 25 Advertisements Column 3
      83 25 H Restaurant > At The Neptune on Shenton Way Dian Xin/Lunch U j 11.30am-2.30pm v^p/ncptunc 7TH FLOOR. OVERSEAS UNiON HOUSE. SINGAPCVE TEL i'JA? i for the I family bunch Western and local delights for an ideal family get together Special children's favourites also available 12 noon to 2:30 pm every
      83 words
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      70 26 business Sft the franchise JSw] Game /^<#J and winning big! \{J i ®®SA guide for s franchisees f^j dlll'S& BvC!>3 mmmm etectt1 °nics IK! r ywwelfwWiif 1 SWR- 1 as P»ho#day I V Available at Newsstands NTUC Supermarkets Caltex Published by Times Periodicals, member of STOP PRESS kiosks 7 Eleven
      70 words
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  • Page 27 Miscellaneous
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      Page 27 Miscellaneous Column 1
      2097 27 TODAY'S TV 1L00 AM TV Innovations. Triad espionage in this hilarious Amazing imos 0 1996 930 AM TV Innovations. trouble laughs as the inept spies 3.30 ng s^ entpr 330 See valiant. Stumble throug pe 430 Finish Line. ll a 4 m vn Aiid'/yi Man Wanted, 10.30pm, and North Africa,
      2,097 words
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