The Business Times, 22 March 1997

Microfilm: NL20864
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 023/12/96 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, MARCH 22-23,1997
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  • Article
    MARKET SUMMARY
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  • Article
    FINANCE
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  • Article
    Great S'pore Sale faces threat from HK handover buzz
    535 1  -  Tourists from region expected to head for HK to witness handover ceremony By. Ang Wan May [SINGAPORE] Retailers are bracing themselves for poorer business at this year's Great Singapore Sale because of competition from Hongkong's historic handover ceremony in July. Up
    535 words
  • Article
    Sing Tech's financial forays may signal bigger moves
    380 1  -  oy Catherine Ong [SINGAPORE] Two modest and low-profiled forays into banking and stockbroking may signal a bigger ambition on the part of governmentowned Singapore Technologies Pte Ltd to be a player in the financial services industry, analysts said yesterday. A new unit
    380 words
  • Article, Illustration
    Lock icon Versace to sashay onto bourse
    94 1 FT [LONDON] Gianni Versace with supermodels Naomi Campbell (left) and Linda Evangelista at his Spring/Summer show in Milan last October. Theflamboyant Italianfashion designer, whose clients Include pop stars Elton John, Sting and Madonna, plans to float his company on the stock market in the next
    FT; FILE PHOTO  -  94 words
  • Article
    Huge KL property deal awarded
    520 1  -  High-profile group to develop 76 ha parcel in MsBb project From Eddie Toh in Kuala Lumpur AN INFLUENTIAL group of businessman which includes Economic Adviser to the Government Daim Zainuddin, former Deputy Prime Minister Ghafar Baba and tycoon Lim Yan Hai of Bolton Properties is
    520 words
  • Article
    Independent directors may have to join body
    352 1  -  Teh Hooi Ling [SINGAPORE] The Stock Exchange of Singapore (SES) has called on company directors to set up an Institute of Directors that all Independent directors may have to join eventually. Saying that the exchange "strongly supports" the setting up of such an
    352 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      113 1 V-" The aoon-to-be-upgraded Plaza Singapura, which will have a Golden Village cineptex, will be marketed from today at higher rental ntes, P|7 The country's Chinese huahwwf mmmimlty is on the rise again but die road to riches is paved with many ops and downs, ELI MHWBfMJPB OOLfNikfrMMkfltttfMl hrtewHiliil. pg 7.
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    • Advertisement
      Page 1 Advertisements Column 2
      28 1 Full year earnings NET On) CHANGE WfcarfMl HK>2.738.0 *23.8 VOL S$64.4 126.9 mI±M omr 0.5 464.0 BotaiHafu* (4.4) Interim earnings NETdm) CHANGE WkgTri SQ1.0 flll.O VOO (14.7) BnililMRIfliNTAI
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    • Advertisement
      Page 1 Advertisements Column 3
      242 1 The Herah Sellier watch represent* the elegance of eqaestriaaisas. The betel is decorated with a saddlc-stitch desiga in relief, aad a genuine aaddle stud eahaacea the ceatre of the dial. The Sellier aiodel ia available in three aiaes, in ateel, gold and steel, 18 carat gold, or act with diaaioads;
      242 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Trading in used cars through an electronic network
      332 2 A TIE-UP between the Singapore Technologies (ST) group and Sumitomo Corp Singapore will soon allow traders to buy and sell used cars via an electronic network, Sumitomo managing director Hisayoshi Uno said yesterday. Asia Business Venture Holding (ABVH), the joint venture company
      332 words
    • Article, Illustration
      Wuxi park sets US$200m investment target for '97
      390 2  -  New commitments will addtoUSs462m secured so far By. Lu Ning THE Wuxi-Singapore Industrial Park (WSIP) has set an ambitious target of attracting 20 new tenants with US$2OO million (Ss2B9 million) investment commitments this year, adding to the US$462 million it has secured
      390 words
    • Article
      Seagate increasing Wuxi investment
      262 2  -  By, Jennifer Lien DISK drive giant Seagate Technology is more than doubling its investment in the Wuxi-Singapore Industrial Park in China. The new US$32 million (Ss46 million) investment in a new building will enable Seagate to double its disk drive production capacity and build head stack
      262 words
    • Article
      Lock icon Tang abused court process, says Justice Lai
      685 2 Application dMmimed with costs; judge says move calaiUted to delay proceedings The Straits Times LAWYER Tang Liang Hong abused the court process when he tried to stop Justice Lai Kew Chai from hearing 12 lawsuits against him, the judge said yesterday. In his
      The Straits Times  -  685 words
    • Article
      Lock icon Deletion request to be made in May
      200 2 The Straits Times SENIOR Minister Lee Kuan Yew's lawyer will ask the High Court in May to delete from its records the statement he made on Johor which sparked off the row between Singapore and Malaysia. The application to delete the remarks that
      The Straits Times  -  200 words
    • Article
      ISO 9000 from PSB globally recognised
      181 2 COMPANIES awarded ISO 9000 certificates by the Singapore Productivity and Standards Board (PSB) need not seek multiple certification overseas, now that the board is a full member of IQNET, an international network of major certification bodies. Singapore is the fifth nonEuropean member of the
      181 words
    • Article
      Economists drop forecasts to 3.8% for first quarter
      445 2  -  Most are banking on a recovery in the second half By. Andrey Tan FOLLOWING Thursday s release of poorer-than-expected trade figures, economists have revised economic growth forecasts down a notch to an average of 3.8 per cent for the first quarter and
      445 words
    • Article
      M1 offers discounts to 15,000 in its trial run
      201 2 MOBILEONE (Asia) Pte Ltd has offered discounts on its call charges announced on Tuesday to the 15,000 members of the public who participated in its network trial. The company said yesterday that it is offering 50 per cent off its three
      201 words
    • Article, Illustration
      Iras puts house up for sale to recover tax
      216 2 THE Inland Revenue Authority of Singapore has put a sin-gle-storey intermediate terrace house off Upper Serangoon/Bartley Road up for sale to recover unpaid property tax. This is believed to be only the third such forced sale since the *****. In September
      216 words
    • NEWS Roundup
      • Article
        Over 1.4m qualify for CPF top-up
        50 2 OVER 1.4 million CPF members qualified for the third Share Ownership Top-Up Scheme (Sotus 3) which closed on Feb 28. They will receive top-ups of $300, $400 or $500 in their CPF accounts from the government today. The top-ups add up to $496.5 million.
        50 words
      • Article
        S'pore sends medical supplies to Lacs
        70 2 SINGAPORE has provided medical supplies to Laos fin* the treatment of water-borne diseases in response to an appeal from the Laotian government. The Ministry of Foreign Affairs said yesterday that severe floods had afflicted Laos' Savannakhet and Champasak provinces for two consecutive years and
        70 words
      • Article
        Corrections and clarifications
        100 2 IN yesterday's report "Reuters to invest $134 m this year", we gave the company's 1996 revenue as £6.7 billion. This is incorrect. Its 1996 revenue was £2.9 billion. We are sorry for the editing error. In Thursday's Eye on the Economy column on retail sales, we compared
        100 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      167 2 CRYPTIC CROSSWORD dinner or tea? (4,5) 25 Sweet coating a danger to not tucked in (8) YESTERDAY'S SOLUTION aeroplanes (5) 8 If s used in the kitchen while 26 Cure gambolling fawn (4) Lucy and I ran off (8) iqQiNisicl! [MhlJi MB'M I 27 Dashed?(lo) 9 Caoutchouc, it's the answer
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S Eye
      • Article, Illustration
        BT Sentiment Index
        643 4 Those polled for their views on next week's Singapore stock market outlook are: ING Baring, Alliance, Daiwa Securities, Deutsche Morgan Grenfell, Fraser Securities, GK Goh, Merrill Lynch and Phillip Securities. Parkway Holdings ♦(Sell on Strength) OCBC Investment Research, Mar 21, $6.10 Parkway's results were in line with
        643 words
      • Article, Illustration
        In My Opinion
        354 4  -  Samarjit Shankar Chief Economist, AsiaPaoifio Bf*"" BZWAsU UT NDIA provides a good I combination of sound JL fundamentals, easing liquidity conditions, a pick-up in business confidence and steady corporate earnings growth. Also, when most other markets in the region are jittery about the possibility of a hike
        354 words
    • Article
      Don't bypass property stocks
      1148 4  -  Some counters, such as Wing Tai, Sing Land and Keppel Land, are worth buying despite the soft market By Rabita Elias [SINGAPORE] DESPITE uncertainty in Singapore's property market, analysts say that some property stocks have a lot to offer to the discerning investor. The SES Property
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    • Article, Illustration
      M$15b Bakun Dam's just part of growth story
      721 4  -  BTB OM THE REGION: SARAWAK Infrastructure firms to gain most from investment projects By Shirley Tey The writer is senior investment analyst, HG Asia (Malaysia) Sdnßhd [KUALA LUMPUR] Malaysia's Bakun Dam, construction of which officially began this year, is well known for
      721 words
    • Article, Illustration
      Pick US bonds over equities
      590 4  -  US fand manager says equities overvalued by 30%, tat bonds seen benefiting from rates which are likely to fall By I Shiv Taneja [SINGAPORE] Investors for whom the world is their financial playground should be investing in bonds right now, and more specifically, US bonds,
      590 words
    • Article
      DBSS' Picks
      305 4 Recommended portfolio weights for BT-SRI Stocks CONTRIBUTION PRICE AS' DM KKCOMM STOCK TO SKI AS AT SVS/VT MTOMIHMM IMM9U Mmr 0.42% US$1.60 Accumulate OS*% ftwln 3.45% S68.75 Accumulate 3.71% m*rntm 0.60% U863J6 Accumulate 0.78% OwHAOmt 3.88% SI14.70 HoU 2.98% MBuk (F) 5.40% Sfl7.30 DBSS'parent 5.40% WkrTmm 2.14% US60.756
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  • REGION
    • Article
      Lock icon Beijing warns against market rumours
      266 5 BEIJING Reuter CHINA warned its financial media yesterday not to spread stock market rumours and said securities investors should be wary of inflated prices. Measures by securities watchdogs to make China's fledgling markets less volatile had had little impact because many people spread rumours to
      Reuter  -  266 words
    • Article, Illustration
      Lock icon Taiwan index down 3% on pork export ban
      438 5 TAIPEI But disease outbreak among pigs unlikely to depress bull market for long, say analysts Reuter NEWS of a ban on exports of pork after an outbreak of foot-and-mouth disease in Taiwan brought the stock market's bull run to a shuddering halt
      Reuter; Source: Bloomberg  -  438 words
    • Article, Illustration
      Lock icon A fun-raising exercise
      60 5 [RICHMOND, British Columbia] Martin Lee (left), chairman of the Hongkong Democratic Party, sharing a laugh with Vancouver Democratic party members while they readfrom a local newspaper in Richmond on Thursday. Mr Lee is travelling through North America trying to raise funds for the cash strapped party before
      REUTER  -  60 words
    • Article
      Tung appoints task forces to help frame policies
      480 5  -  HONGKONG Housing, education and welfare teams to finish work in June By Loh Hui Yin TASK forces on housing, education and welfare for the elderly were appointed yesterday by Hongkong's chief executive-designate Tung Chee-hwa, who will use their recommendations to frame policies
      480 words
    • Article
      Lock icon China defends US$3.7b trade surplus
      255 5 BEIJING Reuter Reuter, Bloomberg CHINA said yesterday it was concerned its trade surplus with the US might affect ties and released a White Paper in defence of its policies. Vice-Minister of Foreign Trade and Economic Cooperation Sun Zhenyu said Beijing was taking steps to trim
      Reuter; Reuter, Bloomberg  -  255 words
    • Article
      Busang gold finder said to have committed suicide
      623 5  -  JAKARTA Body still not found after copter fall; suicide note in bag By\ S N Vasuki MICHAEL de Guzman, the Filipino geologist who made this century's richest gold discovery, may have been attempting suicide when he fell out of a helicopter deep
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    • Article
      Lock icon Getting ready for Dalai Lama
      129 5 TAIPEI AFP LAST-minute preparations were being made yesterday on the eve of the first visit to Taiwan by the Dalai Lama, which has drawn bitter criticism from Beijing. Authorities here were arranging a venue for an unprecedented meeting between the Tibetan spiritual leader and nationalist
      AFP  -  129 words
    • Article, Illustration
      Lock icon Ex-military chief steps up pressure for PNG PM to quit
      294 5 PORT MORESBY AFP PAPUA New Guinea's sacked military chief Jerry Singirok stepped up the pressure on the government yesterday by releasing copies of the contract it made with British mercenary group Sandline International and also giving embattled Prime Minister Julius
      AFP; REUTER  -  294 words
    • Article
      Lock icon Hanbo case: Kim's son suspected of graft
      329 5 SEOUL President's son may have taken 200b won Bloomberg, Reuter Reuter SOUTH Korean prosecutors said they suspect that a son of President Kim Young Sam received a 200 billion won (***** million) kickback from Hanbo Group, whose collapse unleashed the country's biggest financial
      Bloomberg, Reuter; Reuter  -  329 words
    • Article
      Lock icon S Korea to push for its own Big Bang
      181 5 SEOUL AFP SOUTH Korea's top econdmic planner Kang Kyong Shik said yesterday the government would push for radical reforms of the country's obsolete financial sector its own version of Britain's "Big Bang" to prevent further business failures. Speaking on radio, the
      AFP  -  181 words
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  • THE WORLD
    • Article
      Lock icon Dow Jones to pay record U$222.7m libel damages
      476 6 HOUSTON Wall St Journal publisher found to have destroyed US bond firm's business with negative article Bloomberg DOW Jones Co was ordered to pay U*****.7 million (*****.7 million) to a Houston bond firm in what lawyers said is the largest libel verdict
      Bloomberg  -  476 words
    • Article
      Lock icon Cigarette firm to help states fight tobacco giants
      417 6 WASHINGTON Brooke's Liggett unit to settle suits, give evidence of alleged industry fr&nd Bloomberg BROOKE Group Ltd's Liggett cigarette unit agreed to settle tobacco lawsuits filed by 22 states and cooperate in legal efforts against the industry's four biggest companies. Liggett will
      Bloomberg  -  417 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1583 6 cmr FU6HT ETA FUGHT ETD Abu Dhabi GA890 0120 Hanoi VH741 1310 $0176 1130 AdaiaMa S0230 1815 0F82 2050 S0175 1910 VN?jO Of81 1930 Hat YaJ MI893 1415 TG408 0820 An— M>7~0I30 7 2120 g£ Amsterdam KL843 0550 GA890 0120 H|rwW 720 S0978 0M5 S025 0700
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    • Article, Illustration
      Lock icon Making a tasty choice
      45 6 [LONDON! A young London office worker tasting a chocolate version of opposition Labour leader Tony Blair on Wednesday in the battle for her vote in the runup to the May 1 general election, leaving Prime Minister John Major for later. AFP
      AFP  -  45 words
    • Article
      Lock icon Four killed, 43 injured in Tel Aviv cafe blast
      283 6 TEL AVIV Reuter A BOMB ripped through a crowded sidewalk cafe in Tel Aviv yesterday, killing at least four people in what Israeli police said was an apparent Muslim suicide attack. The blast, which came amid heightened Israeli-Pales-tinian tension over the
      Reuter  -  283 words
    • Article
      Lock icon US import prices down 0.7% in Feb as oil costs decline
      297 6 WASHINGTON Bloomberg PRICES US businesses paid for imported goods fell 0.7 per cent last month as petroleum costs declined, Labour Department figures showed yesterday. Petroleum import prices fell 7.2 per cent last month, after rising a revised 1.4 per
      Bloomberg  -  297 words
    • Article, Illustration
      Lock icon Major's re-election bid hit by evidence of minister's graft
      344 6 LONDON AFP PRIME Minister John Major's embattled campaign for reelection ran into a minefield yesterday with damning new evidence of corruption in his government which the opposition claims he tried to hide by dissolving parliament early. Mr Major kept former Northern
      AFP  -  344 words
    • Article
      Lock icon Two-step plan to enlarge Security Council by 9 members
      254 6 UNITED NATIONS AFP THE UN General Assembly president unveUed a two-step plan on Thursday calling for the Security Council to be enlarged from 15 to 24 members, but without a veto for five new permanent members. The proposals, outlined before a
      AFP  -  254 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      49 6 POOMESBUBY By Garry Trudeau soimswcnMsesifAtM»\ &w,Hti«&Nsno&ftsfea. faj?you\ KXA PLA-mOFfBSTA!IKMH MH&SWN6Wr. VfNHf —5 V smilHß*!?) IflnK VOUPONT MKT TD LosefACZ, zhAK&MYHANPANPSENPS h-N i HO.BO&. soisnprvwußßurvcNHz ottAeorneoFCHMtLfar V I \S22CCT IS^K, j BurnesAaariNisfixe i ONvoußurnepßoeuM, I THeumzem. THC J wrMe-uMO J 1 AIR. 77 YOUNeePAPLace PUBLIC'SGONGTOSae VMe&ARBI n UJfTh 7HBM BeCAUSa
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  • COMPANIES & MARKETS
    • Article
      Shangri-La profit down 7.5%, NTA swells 51%
      572 7  -  Revaluation sends NTA to $6.78 a share; earnings boosted by change in depredation policy By. Lee Han Shih [SINGAPORE] Shangri-La Hotel Ltd yesterday announced a set of unexciting results but softened the impact by pushing up its net tangible asset (NTA) backing per
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    • Article, Illustration
      Higher rents at 'new' Plaza Singapura
      361 7  -  DBS Land asking $13-s3Spsf for retail, $12-s2BpsfforF<tß By Jenny Lam [SINGAPORE] Plaza Singapura, which will soon undergo an 185 million revamp, will be marketed from today at higher rental rates. Owner DBS Land said yesterday that it was asking for between $13 and $36
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    • Article
      Hypermarkets, lifestyle changes bug Dairy Farm
      539 7  -  HOCK LOCK SIEW Ang Wan May GIANT food retailer Dairy Farm is likely to face a bigger test from demographic shifts and price competition in its core supermarket business than from setbacks in its Australian operations. Just this week, Dairy Farm announced a comprehensive
      539 words
    • Article
      UOL profit growth flat if not for tax writeback
      378 7  -  Surprise writeback lifts net earnings by 27% to $64.4 m By\ Lee Han Shih [SINGAPORE] United Overseas Land (UOL) yesterday declared worse-than-expected operating results but managed to lift its bottomline by a surprise tax writeback of some $13 million. For 1996,
      378 words
    • Article
      Serial Systems seen raising up to $23m in IPO
      355 7  -  By- Annette Pau [SINGAPORE] Electronic components distributor Serial Systems' Sesdaq initial public offer will seek to raise $21-$23 million through the sale of 37 million shares at 57-62 cents apiece, market sources told BT. Likely to be launched before mid-week, the
      355 words
    • REGIONAL COMPANIES
      • Article
        Lock icon HK punters borrow US$12b for Gitic shares
        181 8 Bloomberg [HONGKONG] Hongkong investors ponied up US$l2 billion (5517.3 billion) to buy shares in a Chinese maker of marble and granite slabs that earned US$5.3 million last year. The sale of HK$lO5 million (5519.6 million) in shares by Gitic Enterprises Ltd, a unit
        Bloomberg  -  181 words
      • Article
        Labroy Marine's profit up 18%
        139 8 [SINGAPORE] Making its maiden full year report since 'its initial public offer late last year, marine logistics operator Labroy Marine yesterday -announced an 18 per cent jump in net earnings to $11.8 million. Turnover for the year ended Dec 31,1996, rose 17 per cent to
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      • Article
        Wharf posts bigger than expected 24% fall in profit
        522 8  -  Chairman: Results commendable given previous significant exceptional item Front Quak Hiang Whai in Hongkong WHARF (Holdings) Limited yesterday said net profit for 1996 fell 23.8 per cent to HK52.74 billion (Sssll million), with earnings per share down 26 per cent to
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      • Article
        Wing Tai interim soars 111%
        366 8  -  Group says ongoing property development projects made np balk of its turnover By, Abdul Hadhi [SINGAPORE] Wing Tai Holdings yesterday announced a 111 per cent rise in interim group net earnings to $91 million. With these results, analysts said the diversified property developer looks on
        366 words
      • Article
        Project delays affect Ipco's interim figure
        245 8 [SINGAPORE] Developer Ipco International has posted a $14.7 million group interim loss for the half-year ended Dec 31,1996, due to unexpected delays on a project in Nigeria. This was despite a 32 per cent rise in turnover to $149.5 million, and better returns from
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      • Article
        Greenspan's rate hint hits regional markets
        216 8 [SINGAPORE] Most regional equity markets responded predictably to US Federal Reserve chief Alan Greenspan's hints on Thursday about a possible interest rate hike, with the Straits Times Industrials Index sinking for the eighth consecutive day to a four-month low. Analysts said Mr Greenspan's comments,
        216 words
      • COMPANY Briefs
        • Article
          Amtek interim profit flat at $11.9m
          88 8 [SINGAPORE] Precision engineering group Amtek Engineering reported flat Interim earnings of $11J7 million for the six months ended Dec 81. At company level, Amtek managed a 24 per cent rise in net earnings. However contributions from subsidiaries were lower for the period under review.
          88 words
        • Article
          Slight profit fall for Jurong Eaglasertag
          51 8 [SINGAPORE] Jurong Engineering Ltd posted slightly lower group net profit ofHL36 million last year, oomparsd to |6.75 million the year before. Turnover rose from $821.97 million to $299.04 million in the year before. Earnings per share was 20.32 cents, down from 21 JO cents
          51 words
        • Article
          GRP profit pinnges
          89 8 (SINGAPORE] Mainboard-listed GRP Ltd, which last year paid its directors more than it made, yesterday reported a plunge In half-year profit from $1.45 million to $608,000. Turnover for the half year aided Dec 81 was also down 11.29 per cent to $13.16 million, while earnings per share
          89 words
        • Article
          US$48m building loan from DBS, OCBC
          57 8 [SINGAPORE] DBS Bank and OCBC Bank have jointly granted a US$4B million (5187.2 million) five-year loan facility to finance the construction of Pktanco Tower, to be developed by Shanghai Huteng Real Estate Co. Shanghai Huteng is a Shanghai joint venture company owned by Pidemco
          57 words
        • Article
          Caauseway Investment less hits $7.3m
          91 8 [SINGAPORE] Causeway Investment more than doubled its losses last year from $3 million to fTM million. Turnover was higher at $43.66 million, compered with 1996's 190.14 million. It said it was carrying debts due from former associated companies totalling IS .36 million. The board deemed
          91 words
        • Article
          Tuan Sing, Wearnes in Indon expansies
          59 8 [SINGAPORE] Tuan Sing has tied up with Wearnss Corp to expand its electronics manufacturing businsss Into Indonesia. It has agreed with Weames Technology to take a 25 per cent stake in PT Omedata Electronics, an Indonesian company, and 80 psr cent hi Omedata Electronics
          59 words
      • Article, Illustration
        Lock icon Keppel Corp shares sink to three-year low; close at $9.20
        384 8 Reuter [SINGAPORE! Shares in Singapore's maritime conglomerate Keppel Corporation sank to a three-year low yesterday, hammered by a bleak outlook for global ship repair and poor national economic data. The company, often seen as a core holding for fUnd managers
        Reuter; Source: Bloomberg  -  384 words
      • Article
        Hotel Negara's deeper into the red with $4.37m loss
        184 8 [SINGAPORE] Hotel Negara has sunk deeper into the red due to higher interest expense and depreciation, as expected. Yesterday, the company posted a group net loss of $4.37 million for the year ended Dec 31,1996 its first full year of business
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    • INTERNATIONAL COMPANIES
      • COMPANY Briefs
        • Article
          Lock icon Belgaoom looking for fund manager
          49 9 Bloomberg [BRUSSELS] Belgacom SA, the Belgian telephone utility in which Singapore Telecom has interests, is seeking bids to immp g billion francs (SS33I million) in pension (Und assets. Belgacom said it launched the tender process for an asset manager under European Union procurement rules.
          Bloomberg  -  49 words
        • Article
          Lock icon Sarva Bank cuts profit forecast by half
          56 9 Bloomberg [TOKYO] Sanwa Bank Ltd, one of Japan's largest money-centre banks, cut its current, or pre-tax, profit forecast by 54.5 per cent to 50 billion yen (SSSB6 million) for the ftiH year ending in March. The bank said an increase in its bad-loan
          Bloomberg  -  56 words
        • Article
          Lock icon Hopewell interim net profit up 7.7%
          46 9 Bloomberg [HONGKONG] Hopewell Holdings said its first-half net profit rose 7.7 per cent as operating profit climbed 89 per cent thank* to contributions from a power company it since sold. Hopewell's operating profit rose to HK$76O million (Ssl43 million). —Bloomberg
          Bloomberg  -  46 words
        • Article
          Lock icon Nedlloyd shares tumble 20%
          57 9 Reuter [AMSTERDAM] Shares in Dutch shipping and road transport group Nedlloyd plunged 20 per cent on Thursday after it announced a 54 per cent slide in 1996 net profit and declined to give a profit forecast. Koninklijke Nedlloyd Groep's net profit after extraordinary items amounted to
          Reuter  -  57 words
      • Article
        Lock icon Mattel wins antitrust nod to buy Tyco Toys
        258 9 Bloomberg [WASHINGTON] Mattel has won antitrust clearance to complete its US$755 million (551.09 billion) purchase of rival toymaker Tyco Toys, clearing the way for creation of a powerhouse that sells Barbie and Sesame Street toys, as well as Matchbox and Hot Wheels
        Bloomberg  -  258 words
      • Article, Illustration
        Lock icon Boeing to supply jets to Delta in US$15b deal
        313 9 Delta contract a record-highsumfor single placement LAT Reuter [LOS ANGELES] Boeing Co signed another blockbuster pact on Thursday to be an airline's sole supplier of jets for 20 years this time to Delta Air Lines in a potential US$l5 billion (5521.6
        LAT; Reuter; REUTER  -  313 words
      • Article
        Lock icon SEC okays limited broadcast of road shows
        267 9 Bloomberg [WASHINGTON] Companies planning public stock or debt offerings will soon have a new tool for reaching the select group of institutional investors they prize most. The Securities and Exchange Commission last week approved a request for limited broadcast of so-called road shows,
        Bloomberg  -  267 words
      • Article
        Lock icon Merrill Lynch splits its two business groups into four
        335 9 Move to boost stock sales, bonds and offer financial advice Bloomberg [NEW YORK] Merrill Lynch Co said it is reorganising into four business groups to boost sales of stocks and bonds and offer more financial advice around the world. As of
        Bloomberg  -  335 words
    • FINANCE & COMMODITIES
      • Article
        OUB zeroes in on building up unit trust business
        573 10  -  Bank hopes to launch one cr two new trusts a year; doable retail fands by year-end By\ Shiv Taneja [SINGAPORE] Overseas Union Bank, which manages some $2.5 billion institutional and high net-worth funds, is now focusing on building its fledgling unit
        573 words
      • Article
        Lock icon Credit Lyonnais recovers
        402 10 Profit surge comes after restincturing and state rescue Reuter [PARIS] Credit Lyonnais, the French bank which nearly collapsed under the weight of its lending excesses, reported on Thursday a rise in net profit for 1996 and a big improvement in underlying performance. The state-controlled bank, rescued twice
        Reuter  -  402 words
      • Article
        Lock icon Euroyen, JGBs off lows after sell-off
        206 10 Report Reuter [SINGAPORE] Simex Euroyen and Japanese government bond (JGB) futures recovered some poise but remained very weak after a sudden sell-off in afternoon trade yesterday, brokers said. The lead December Euroyen contract was at 98.92 at 1135 GMT after falling as low as
        Reuter  -  206 words
      • Article
        Futures contract volume passes 2,000 mark
        187 10  -  KSCI TAIWAN FUTURES By Perry Gilbert By Perry Gilbert, vice-presi-dent, Refco Singapore Pte Ltd [SINGAPORE] The daUy trading volume of the Simex MSCI Taiwan index futures contract crossed the 2,000 mark yesterday for the first time. A record of 2,224 contracts were traded, surpassing
        187 words
      • Article
        Lock icon Aberdeen to move beyond North Sea
        231 10 ENERGY REPORT Reuter [ABERDEEN] The North Sea oil rush of the 1960s catapulted Aberdeen on Scotland's northeast coast from a sleepy seaside city to a boom town fuelled by petrodollars. Now, as Britain's offshore sector reaches its twilight years, the city is trying to
        Reuter  -  231 words
      • Article, Illustration
        Untitled
        1264 10 MMAgCMMUWi MarZl rriir il n -ff f totraAa *-U8KW78 06*4 4477 1327 6400 MB»to8?9 0968 6444 194) U35 ***** IU71 U34 1472 )M«WM|2 «4K 0W5 Cwail 0925 6436 0.633 4.141 1227 5424 26.045 17.462 0.095 6423 1795 1050 29.169 *420 1449 U* 1456 *.984 U« 0456 07*^L, CMM 0.153 0.166
        1,264 words
      • Article
        Lock icon CURRENCY REPORT
        266 10 Reuter London THE US dollar stayed on an uptrend against European currencies following statements on Thursday by Federal Reserve chairman Alan Greenspan that strengthened expectations of a rise in US interest rates next Tuesday at a meeting of the Fed's monetary committee. Mr Greenspan said it was necessary
        Reuter  -  266 words
      • Article, Illustration
        Lock icon US$ still in consolidation phase
        434 10 USS/mark: US$/mark traded lower for the most part of this week, touching a low of 1.6705 on Thursday night. The bearishness was short-lived as aggressive buying returned on the same night, which saw the unit recover to 1.6937 before it eased to trade around 1.6885
        Source: DBS Bank; ALLAN  -  434 words
      • Article
        Lock icon ABN Amro in talks to buy fund manager Capel-Cure
        272 10 Reuter [LONDON] British private client stockbroker and fund manager Capel-Cure Myers Capital Management said on Thursday it is in talks with Dutch banking giant ABN Amro's ABN Amro Hoare Govett which may lead to an offer for CCM. Capel-Cure is controlled
        Reuter  -  272 words
    • Article
      COMMODITY PRICES
      1553 11 nCOMrOTPRBS Mar 21 KU*Kt(to*Md«fct«rtL30p*) BSICMTBMItScMbAtf ClN* ValMM OpM jSitt W» U» Sttt (twm) lrt»ft«t ten T7400 J75 Ztil I75J0 TO5 E« l»0 J«YS«»97 2J-jg 5835 °ct/9#c *7 S! JanAlar 98 WITS '50 KSS3 CONTtACT (US caatsAo) ®Pi« I— Sttt tommi mvti X n otoo wo 97 U2M 122-00
      1,553 words
    • Article
      Lock icon TOKYO
      1629 11 AFX-Asia O Nikkei22s ****** SHARE prices closed higher yesterday on continued short-covering in bank, property and construction stocks, but with the upside limited by profit-taking by domestic investors. The 225-share Nikkei Average finished up 139.45 points at 18,633.16, slightly off a high of 18,633.66. Trading was moderate, with an
      AFX-Asia  -  1,629 words
    • Article
      WORLD STOCK MARKETS
      2353 11 A LOMOON iHdwstriils til Nnt» AB Ports 274 Abbey National 723 *6 Allied Oomecq 443.600 "1-400 Anwc 124 uneh Asda Group 107.400 -.600 BATInd 493 5 BC Pic 16) -4 BICC 263.400 -1.600 BOC Croup 960 -9 BR PMroMim 699.200 -3.800 BT* 259 *2 Bint of Scotland
      2,353 words
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      Lock icon HONGKONG
      1620 12 AFX-Asia yiHtnfiSeng +16J7 SHARE prices closed slightly higher yesterday, well clear of their earlier lows but also off their highs, as a recovery in property stocks ran out of steam in late trade. The Hang Seng Index closed up 16.97 points at 12,489.30. Turnover was HK$lO.5B billion. The March
      AFX-Asia  -  1,620 words
    • Article, Illustration
      Lock icon CHINA
      651 12 Reuter nStoAaBMn *120 THE Shenzhen B Index yesterday rose 2.20 points to 164.34. on turnover of HK$lO6.l million, compared with HK5104.2 million on Thursday. The rise was led by Guangdong Electric Power Development, which rose 3.1 per cent to HKJ7.73. The stock accounts for 10 per cent of the
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  651 words
    • Article
      Lock icon TAIPEI
      391 12 AFP □wp latex -mao STOCKS finished 3.1 per cent lower yesterday as retail investors unloaded their shares following heavy selling by institutional investors. The TSE Weighted Price Index fell 262.60 points to 8,230.07. Turnover was 4.41 billion shares worth NT5189.59 billion. Falls beat rises 406 to 26, with 15
      AFP  -  391 words
    • Article
      Lock icon WELLINGTON
      265 12 Bloomberg +17.31 SHARES rose yesterday, led by Telecom, on expectations the company's earnings will be strong. It rose seven cents at NZ$6.5O. The NZSE 40-share Index rose 17.31 points to 2,229.79. Bloomberg tar 21 COM) ANZ B»n*mq 9.00 015 ***** Advantages Misgi 1.30 unch 1000 Air N#« ZttiVY) (A)
      Bloomberg  -  265 words
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      Lock icon BANGKOK
      833 12 AFP AFX-Asia D SET Intel -m SHARE prices closed marginally lower yesterday ahead of an expected increase in US interest rates and the release of economic data by the central Bank of Thailand next week. Investors preferred to stay away ahead of a Federal Open Market Committee meeting on
      AFP; AFX-Asia  -  833 words
    • Article
      Lock icon SEOUL
      417 12 AFP yfampnatehig -1&33 SHARE prices slid 2.4 per cent yesterday as investors turned sellers amid instability in the financial system, dealers said. The Composite Index lost 15.23 points at 627.63. Turnover was 34.2 million shares worth 483 billion won. Falls beat rises 687 to 164. Banks were among the
      AFP  -  417 words
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      Lock icon SYDNEY
      599 12 AFP QAnOriißiriai -4J STOCKS eased yesterday as a weak futures market weighed down the bourse, but the banking sector forged ahead. The All Ordinaries Index fell 4.9 points to 2,386.4. Turnover was 335.7 million shares valued at Asl.2 billion. Takeover rumours helped banks defy the downward trend. The banking
      AFP  -  599 words
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      Lock icon JAKARTA
      785 12 AFP P Composite Index -7.02 SHARE prices closed lower yesterday on profit-taking and a sell-off in Telkom and cigarette shares. "Today's weakness is triggered by a continued drop in Telkom shares and some panic selling in cigarette makers Gudang Garam and Sampoerna," a dealer said. The JSE Composite Index
      AFP  -  785 words
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      Lock icon MANILA
      336 12 AFP □■mil* -SJB SHARE prices fell yesterday as investors prepared for traditional Holy Week holidays. "Investors are in vacation mode," said a trader. The PSE Composite Index lost 5.02 points at 3,201.65. Turnover was 9.6 billion shares worth 2.3 billion pesos. San Miguel Corp's A shares were flat at
      AFP  -  336 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon KLCI falls in line with Dow's drop
        273 13 AFX-Asia CI Composite Index -1106 SHARE prices closed lower yesterday, taking their cue from overnight falls on Wall Street, uncertainty over the direction of US interest rates and a lack of fresh local leads, dealers said. They expect trading to remain lacklustre until
        AFX-Asia  -  273 words
      • Article
        Untitled
        128 13 U» Ml Cowwwrprd n 34 101 MM SO 50 Cwwtnictton 1 20 4 Tradh*/Svc B 40 W MfrMtru I 0 1 F1MMM 7 45 U HMH I 4 1 ftrwtv t» 44 Wwtrtin 10 r MM* 4 1 Tnot t 0 I UM IT M II Ml/Warr«ntx 0 10 tectMlNrt
        128 words
      • Article
        Untitled
        7793 13 CMMWtf pntfwts IW7 Lilt vei Day Net cap J6» Lew ClMpany S<l« -000 L— P/t Srnii 790 680 AJInomoto TOO 5 7 705 700 53.4 283.7 444 334 Anokasa 384 -6 40 390 384 11.4 566-2 905 7M Apollo F ood Hig 770 -10 25 780 765 3080 428 189
        7,793 words
    • WARRANTS&OPTIONS
      • Article
        F&N warrants for risk-seekers despite reasonable numbers
        188 14  -  WARRANT WATCH By R Sivanithy CONTINUING our theme of looking at blue chip warrants, today's feature is the 1998 warrant issued by Fraser Neave. The main reason for this selection is that F&N's shares have come under severe pressure lately and at yesterday's
        188 words
      • Article
        Untitled
        3752 14 BOMBS, LOANS ft VAfttANTS wt 1996/1997 Last Va4 Day Last Ouata *»1 HI* U* Stna Campany Sala *ac- COOOI M«h Law —yar MNr Prtta 68 47 m 3000 mAMOBc5.S%*****6 S6«t unch 5 56 56 56 58 62 39 3160 "Acar ******1USS US 44.5 -US 42 46 44.5 44 46 131
        3,752 words
    • Article
      CLOB INTERNATIONAL
      2248 14 Of Or 1998/1997 Last Vol Day Laat OlMt* R« Ok* YM NX M Cap H» U. Campawy «H» rooo) High Law Hyar i*r CVr M $H ~625 360 msSOOO AISBSOt 394 43 406 394 392 398 54 4.9 0.4 80.1 404-2 137 84 ins 5001 AMOSSOc 104 -I
      2,248 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1252 15 TUfWOYM COOO) VALUE ('000) m» g» T«m em t«ui MustrM 4U» 17.440 58,658 117.421 33,907 15U28 Ftomct 6.165 10,803 16,966 55,575 16.404 71,979 3.496 V»3 4.689 9,150 1623 11.773 ProtMrliM 7.039 30,734 37.773 39.539 40,996 80,535 nantatton 1.937 1.937 8348 8,548 MMm 94S 945 2.829 2,829 5TJ» 5.410 20,970 26,380
        1,252 words
      • Article
        MAIN BOARD
        4822 15 Or Or mm IOOA/1M7 Last Vol Day Last Ouote W» Ot» Ytd Net Cop A»g HkfflLow StNo Cm*«y Solo <-OOQ) Hlfh L— Buyer S»U»r CMt P/I Smll^rke INDUSTRIALS 5146 ASE NT$W 200 US- l"l US900 unch 3? |60 lM 1S9 885 494 283 m t 1000 Acmj 50c
        4,822 words
      • Article
        SESDAQ
        1052 15 Of Or M m 1996/1997 Last V« Day Last Owta Mo W» YW MM Cf ftf Hl» L— ttw ClU—V M« rooot MH> La» Off 8—ar CV M SCSMQ 289 13S 2000 A8R HWgs Sc 143 -2 70 147 MO 142 144 3S HJ 0.1 89S 636 146 202
        1,052 words
      • Article
        Untitled
        223 16 jftd Dredg 50c— 16.239.000 vac Andes 20c 8,345,000 Si US$0.05 50 4,661,000 **M8f Hldgs 50c 4,275,000 FJ Benjamin 20 4.127,000 U»C 3,307,000 *MisHyd50c 3,165,000 Hotel Prop 2382,000 •Beriaya Ind 2.682,000 Stub •Sat Dredg 50c 22,240,150 Keppei Corp 21,881,003 U06 Foreign 16,894,900 JSH US$0.05 50 15.714.750 DBS Foreign 14,673,410 SIA Foreign
        223 words
      • Article, Illustration
        HOT STOCK
        66 16  -  Shiv Taneja HOW much lower can the share price of FJ Benjamin go? Well, technically speaking there is still mere downside, though not much according to the daUy r and weekly RSI and stochasttcs charts. Ye&rday.'t the counter closed 6.5 cents lower at 84 cents on a var
        66 words
      • Article, Illustration
        Greenspan's comments add fuel to Singapore selling
        660 16  -  STOCK MARKET COMMEMTAKT Some fond managers said to be still selling to bring portfolios in line with the new MSCI Index that comes into effect at the end of May By R Sivanithy [SINGAPORE] The stock market yesterday weakened for the eighth consecutive
        660 words
      • ON THE GRAPEVINE
        • Article
          Bern-again miser?
          194 16 WE ARE pleased to know that this column is being read feu* and wide. A reader in the US, for instance, has e-mailed us about an item this week about the problems a rem isier had getting a loan because he did not have a stable income. "What
          194 words
        • Article
          Job enrichment, Hangkuog style
          91 16 HONGKONG TELECOM, facing a highly-competitive market, has taken cost-cutting to new heights. Its employees are being encouraged to help deliver telephone bills in their neighbourhoods to cut down on the company's postage bill, according to the South China Morning Post Staff are also asked to flog
          91 words
        • Article
          What happened to the 4th wedding?
          60 16 EVEN the inimitable writers of Forbes magazine make slips. In the February issue of the magazine's ASAP supplement an article on UK's Richard Branaon has this line: "In the movie Three Weddings and a Funeral..." Hold it, wasn't there one more wedding in the
          60 words
        • Article
          Keeping the peace, or pieces...?
          152 16 THE British Army's legendary Black Watch has been left to keep the peace in Hongkong until China takes charge on July 1. With the countdown proceeding so smoothly as to be almost an anti-climax and' the peace more or less keeping itself, a Royal Highlanders'
          152 words
        • Article
          Lock icon 'Huge'
          135 16 Published and printed by Singapore Press Holdings Limited, 82 Genting Lane, Singapore *****7. A member of MCS Circulation Audit. Customer Service (Circulation): 749-2577 WE HEAR that Abtrust Fund Managers Singapore has been turning a pretty trick or two over in Thailand with their London-listed closed-end fund, the Abtrust New
          Published and printed by Singapore Press Holdings Limited, 82 Genting Lane, Singapore 349567. A member of MCS Circulation Audit. Customer Service (Circulation): 749-2577  -  135 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      45 7 CONGRATULATIONS Ung Beng. Executive Chairman. Hong Leong Group Businessman Of The Year. 3Sraii'" Ik. ■ggttjjjj ||||j|cll jfjjj'M; 360 Orchard Road #07-10, International Building I I B v fur*** m 4-sjJB KHiiiL ■Lf fjjbj 3a i i lyk.^f ,m m A m i >m p. s
      45 words
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      232 8 BUSINESS s Shangri-La hotel Limited (Incorporated in Singapore) 1996 GROUP PROFIT DIVIDEND ANNOUNCEMENT v Year ended 31 December 19% 1995 Variance SStWO SSXXX) Turnover *****7 148,215 0.1 Profit before taxation and minority interests ***** 28,315 (3.5) Profit after taxation and minority interests 19,797 21,354 (7.3) Extraordinary gain 46,257 40,146 15.2
      232 words
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      Page 8 Advertisements Column 2
      499 8 lo a<l\LTtist' call toll-f ri'i' INOO-741 INN 3 f IN THE MATTER OF A THE COMPANIES ACT, CHAPTER 50 AND IN THE MATTER OF CARNIVAL MTK-CLUB PTBLTP (In Members' Voluntary Winding-up) NOTICE OF FINAL —EgTINO NOTICE IS HEREBY GIVEN that pursuant to Section 308 of the Companies Act, Cap. 50
      499 words
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      Page 9 Advertisements Column 1
      39 9 fl KSsgSK i Leng Beng, Executive Chairman, Hong Leong Group Si 1: Businessman Of The Year. ißm^3i^£wk m """"^"^BBBBF 1 mm 1 «i I tI f Raffles Quay #11-02, Hong Leong Building Rj^B i y I P ISSSEEi «a3
      39 words
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      Page 12 Advertisements Column 1
      187 12 TLand Transport Authority Infoline C D?n^" on Results I INFslilillC COE Bidding Results Car Registration Number Availability. Wondering which share result An SPH AudioTex Service Available on 10th or 11th of every month. AH you Available between Saturday and Wednesday each week. All you need is Call OUT non-1900 AlldioTeX
      187 words
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      Page 13 Advertisements Column 1
      28 13 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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      Page 14 Advertisements Column 1
      55 14 IJ a These and other corporate milestones present perfect opportunities to Q to the enhance your corporate image with a self-funding special feature in our Occasioi For more on how you can to the a special feature, contact: Official openings Corporate ceremonies Topping-up ceremonies Ronald Chua Te1:740 2042 Pg: 9309
      55 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Rocky road to riches
      1500 17  -  After many ups and downs, the Chinese business community in Cambodia is on the rise once more, reports hasxshkbbta HARISH MEHTA THEY drive around Phnom Penh in stretched limos. They own private aircraft and even an airfield. And they spend their time, and their millions, building
      1,500 words
    • STRAWS In The Wind
      • Article
        Underprivileged class
        66 17 SOMETIMES, in order to get some peanuts, you need to be more than just a monkey. On a recent flight to Langkawi, one passenger in economy class ventured to ask the stewardess for some peanuts. "Sorry, peanuts are for first class passengers only," came the haughty reply. The
        66 words
      • Article
        Dish with a twist
        52 17 SPOTTED in a hotel lobby in the Mil- lenia area: an advertisement for the buffet lunch at one of its outlets offered a host of goodies, including "antipastas". Now, Italian appetisers are called antipasto (singular) or antipasti (plural), but antipastas? Maybe they're referring to people who
        52 words
      • Article
        Oscars and omens
        101 17 WITH the Oscars around the corner, here's an excerpt of David Letterman's "Top Ten" list on "Signs That You Won't Be Winning an Academy Award": Instead of "direct to video", your movie was released "direct to landfill". Did Quentin Tarantino direct your movie? No. Did Quentin Tarantino
        101 words
    • ACADEMY AWARDS SPECIAL
      • Article, Illustration
        Lock icon The Miramax marketing machine
        1660 18  -  How does a movie get nominated for an Oscar? And how can it collect enough votes to win that prized statuette? Cinematic merit apart, a lot of lobbying goes on behind the scenes to promote potential winners, mhi i.aiipler looks at how Miramax went about conducting
        NYT  -  1,660 words
      • Article, Illustration
        Lock icon Casting a vote for the big boys
        849 18  -  In a year dominated by indies, studio executives Are throwing their lot behind Jerry MAgnire By Beraanrd Weinraub NYT THE COUNTDOWN to the Academy Awards, which pits a lone studio film, Jerry Maguire, against four independent movies, has struck a discordant note in
        NYT  -  849 words
    • DESIGN
      • Article, Illustration
        Lock icon Temporary premises
        1128 19  -  Looking for a fully-furnished office from which you can start operating a business immediately? Try the 44th level of Suntec Tower One. And pick a good view while you're at it oqrdqibnuchas the details CORINNE KERK ON THE penthouse floor of Suntec Tower One, depending on where you
        PHOTOS BY PETER MEALIN; DIAGRAM BY FRANCIS TAN; PHOTO BY ALBERT LIM  -  1,128 words
      • Article
        Thank you for taking a stand
        503 19 Some feedback on our International Women's Day issue of March 8-9,1997 TWO weeks ago, we ran a special Executive Lifestyle issue celebrating International Women's Day. The response was very positive, especially for our list of women making their mark in Singapore. One reader rang
        503 words
    • Article, Illustration
      The true nature of the beast
      730 20  -  CINEMA Fierce Creatures should come with a warning -it has very little of the wacky brilliance fonnd in A Fish Called Wanda By Shahiron Sahari AFTER the phenomenal and surprising success of A Fish Called Wanda the UK's top movie of all time until
      730 words
    • Article, Illustration
      Mister All-American
      709 20  -  CINEMA Tom Cruise gets to play another corporate shark with a heart in Jerry Magnire. And he does it extremely well too in this highly entertaining film By] Holly Harrison AS A corporate white boy who learns to think with his heart instead of his wallet, Tom Cruise
      709 words
    • Article, Illustration
      Lock icon A hundred Elvis sightings
      652 21  -  NIGHTSPOT Fans of the King who can't make it to Graceland should try the Concourse instead By. A Surendren MALAYSIAN cartoonist Lat was thoroughly influenced by this man. One of the earlier cartoons shows Lat and his father trying to pick a song on the jukebox.
      ARTHUR LEE  -  652 words
    • Article, Illustration
      WHAT'S ON
      374 21  -  Compiled by M Yasotha MUSIC SSO Open-Air Conoert C onducted by Llm Yau, the Singapore Symphony Orchestra will perform Copland's An Outdoor Overture, Brahms' Three Hungarian Dances No 1.5 A 6. Tchaikovsky's Marc he Slave and Yuto Toyama's Rhapsody for Orchestra. Mar 29, 6pm at Shaw Foundation Performance
      374 words
    • EPICURE
      • Article, Illustration
        Oh, mama, it's good!
        668 22  -  In fact, Tanti Baci at the Shangri-La is good enough for many return visits, says jaxhe ee JAIME EE HE WAS a dead ringer for Shine's David Helfgott. He sat alone. Straggly hair, eccentric looking, with sky blue socks sticking out from under too-short skinny trousers.
        668 words
      • Article
        How to spot a fake when looking for fine wines
        864 22  -  WINE CONNOISSEUR Fraud is on the rise in the market for rare and expensive wines. Here are some suggestions on how to avoid being cheated By N K Yong WHEN collectibles become highly-sought after rarities they attract high prices. They
        864 words
    • Article, Illustration
      CINEMA
      1038 23 Bambola. Trashy Spanish film. R(A). GV Marina: 5.30; 11.30. Lido: 5; 11.30. Oriental: 12am. The Chamber. A young gung-ho lawyer (Chris O'Donnell), battles to save his death row client (Gene Hackman). Republic: 11; 3.15; 9.30. Duta'a Peak. An extinct volcano suddenly blasts to life. Lindft-; Hamilton and Pierce Brosnan
      1,038 words
    • TRAVEL
      • Article, Illustration
        Lock icon Quiet pleasures, simple joys
        1079 24  -  Long ribbons of beach, fine seafood, and the cosy atmosphere of a fishing port they're all just a few hours' drive from Bangkok, mark graham adjusts to a slower pace of life at the tranquil Thai resort of Hua Hin MARK GRAHAM THE GHETTO BLASTER thundered
        PHOTOS BY MARK GRAHAM FOR BT  -  1,079 words
      • Article, Illustration
        Where humble lizards fear to tread
        637 24  -  HOTEL Staff at the Ritz Carlton Bali go all out to keep the gnests happy By Jaime Ee IN THE same way that you expect a Martian to come up to you and say, "Take me to your leader", it is inevitable that a
        637 words
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      Page 17 Advertisements Column 1
      6 17 Design Wangz Business Centre EL 3
      6 words
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      Page 17 Advertisements Column 2
      105 17 Travel Fishing port cosiness in HuaHin EL 8 t 6 Seasons brings you tke keart of America. Right on Singapore's main artery. At Seasons you'll find tke cuisine America kas taken to keart. kealtkier diskes prepared in tke fine dining tradition and enjoyed in surroundings guaranteed to lower tke stress
      105 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      93 20 Where to wine, dine and entertain oM @Sfr\ t CutleryW^titf l fftr< I_/\A* i Cannot Resist... II H J at Cafe de Prince. Witorevery buffet lundh ordefed, you another one free. An offer so irresistible^ even cutlery in! Yuit&y p* Come join us as jj ,j5524.00-M (adult) sV 5515.00~. (child)
      93 words
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      Page 20 Advertisements Column 2
      160 20 Savour the best food in the country. Covering almost 300 of the finest restaurants and hawker stalls around, you'll jptr f always be assured of the quality of your food. Filled with maps, ratings and special recommendations! Also available in the bookshops are Eating in Hongkong and Eating in Beijing/Shanghai.
      160 words
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      Page 21 Advertisements Column 1
      515 21 Where to wine, dine and entertain Et tu Huberte? A conspiracy is afoot. The ides of March resound with the sound of hlade on spinning grindstone. Because on 1 April the I luhcrtus Grill will close its doors forever. So come, join the conspirators, connoisseurs and hon viveurs for the
      515 words
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      Page 21 Advertisements Column 2
      78 21 Bgest] Dian Xin Restaurant At The Neptune I on 6>henton Way Dian Xin/Lunch j 11.30am-2.30pm N ®*«jss MptUAC j 7TH FLOOR. OVERSEAS UNION HOUSE. JMIP Western and local delights for a ideal family get together Features weekly specialities 12 noon to 2.30pm every Sunday > Adult $25.00* Child (below 12)
      78 words
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      44 22 4fl K IS A CLI/» I ROUTIQUE Bj I IV m Kfl W mm x mm p* JM I H v M m*. mm y* ip jr j|yf| A V SHh^? 7 r *v .df. MA ■'%fcsg&r:***• ~-"K ;i bII Bil H*J J BjH
      44 words
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      Page 22 Advertisements Column 2
      37 22 If you are pining for polenta We're opening soon. r r» c ."j .?rrj' v. th r 'f.3. fUv.OC All the frills without the fuss. Good food, great wines. 3 > Street *0\ 71 9 *****1 r«ru. j
      37 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1913 23 TODAY'S TV 340 Prince Valiant. ngflniniiiimm wihufimo 330 wuiy —A W BW MI 12.00 NNTV Innovations. 430 YaAlif!. i LOO PM Check the Score 1996. <30 Columbus. lVfr d^^tTIPT pleads self-defence looks 2JOO Amazing Games: Ireland. ft 00 Jackie Her Bushbaby in set to escape the full force Tennis World.
      1,913 words
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