The Business Times, 5 April 1997

Microfilm: NL20874
Total Pages: 30
1 30 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 023/12/96 85« SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, APRIL 5-6,1997
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  • Article
    MARKET SUMMARY
    49 1 8" is ir-an ti I n BTOOHP ■M SttJf (-8.52) D wiewm 1 1 pock ihet nana Friday Change OAK COUP U*7S -1171 I NIKXB —-W7J 1 RANOSKNO .ttjtitt *14M2 SCTIHUKX ,r*m* JAKA8TAOOMP _j07.« -lit MAMUOOW-JJNUI .-44.M SBOt'LCOMP «W.«Z~*«8 CLSA CHIHA B _UJ&28 +IM AUSt ALL OK)
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  • Article
    FINANCE
    55 1 BOBAMK KATES U8t St t. IMtZZlJM J*- MM MM Willi 1889 I .Ml IJl- MS M78 ffctt not ii» UBt I.0S8 MK M41 MM Iprara zzzz.tjj aawpjoTT u» TAUPE in mm TOKYO A* SEOUL 1«J» anonr* am rtARBinrr- u» LONDON Ml NBWVOKX A* 'Ann* si aborts. M nm Gmtni
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  • Article, Illustration
    Lock icon KL market index falls to 6-month low of 1,136
    664 1  -  Some observers say reaction overdone, others blame brokers' call to sell By Ven Sreenivasan, R Sivanithy [SINGAPORE] The Malaysian stock market sank to a sixmonth low yesterday as it yielded to the sustained selling of finance and property stocks following last
    Source: Bloomberg  -  664 words
  • Article, Illustration
    Lock icon Fried rice franchise anyone?
    357 1  -  By' Tan Su Yen [SINGAPORE] Chinatown's famous $25-a-plate crab-meat fried rice may well become the next great Singapore export. Roger Koh, the managing director of Chen Fu Ji Fried Rice, hopes to see his upmarket version of the humble fried rice, on supermarket shelves from Tokyo
    CHRIS LOH  -  357 words
  • Article
    Lock icon Markets nervous over US wage figures
    335 1 Hourly wages rose stronger than expected in March Bloomberg, Reuter [WASHINGTON] The US economy added jobs at a slower-than-expected pace in March but a strong rise in labour costs kept inflation fears alive on financial markets. While last month's gain of 175,000 new jobs
    Bloomberg,; Reuter  -  335 words
  • Article
    Lock icon Dow down 36 at noon
    116 1 Reuter [NEW YORK] Blue-chip stocks were rattled yesterday by a stronger-than-expected rise in March US hourly wages but managed to recoup most of their sharp early losses. By noon EST, the Dow Jones industrial average was down 36.63 points at 6,440.72 after an initial selloff
    Reuter  -  116 words
  • Article, Illustration
    Lock icon COEs for Cat 1 and 2 seen hitting new highs soon
    412 1  -  By i Christopher Tan [SINGAPORE! Motor traders expect COE premiums for small and medium-sized cars to reach new heights in the coming months. Category 1 (l,ooocc and below) is likely to hit 132,000 in the next round, a level
    Source: LTA  -  412 words
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      137 1 nwgpg IBM chief Lou Gerstner talks to Kenneth James about his pivotal role in one of America's great corporate turnarounds and his vision of a sodety transformed for the better by IT. EL 2 ■i. 111 I I KBWgTAim 111 ifc, this pg. Market perception of Bank Nepal's intention seems
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      22 1 HK market unlikely to be hard hit despite jitters, Pg 4 Baaaoon revises market view, Pg 15 noglonil itookmarkot reports, Pg 18-22
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      Page 1 Advertisements Column 3
      308 1 «m HEWLETT mSzM Packard JJ vHH 180 MHi rw«a> Pro P i i ii >piin>li>» ioa« Your existing server used to do fine, but now is further enhanced. that your company is really starting to grow, As you'd expect from HP, ifs easy to manage. you need to upgrade. Unfortunately,
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      New features for Asian arts fest
      468 2  -  Budget up 53%; there will be musicals, first locaDy-written Western opera By* Corinne Kerk THE biennial Festival of Asian Performing Arts (FAPA) returns this year with a new look and several new features, including a Festival Village at Fort Canning Park, the introduction of
      468 words
    • Article
      Safety courses a must for those in shiprepair
      114 2 SHIPREPAIR managers, supervisors and workers who carry out hazardous work will have to undergo approved safety training courses under amendments to the Factories (Shipbuilding and Shiprepairing) Regulations which come into effect from May 1. Other changes include expanding the scope of the
      114 words
    • Article
      Life insurers mulling over cut in bonus rates for first time
      333 2  -  They cite lower in vestment returns and uncertain outlook By I Soh Tiang Keng LIFE insurance companies in Singapore may have to, for the first time, cut their bonus rates owing to lower investment returns and the uncertain outlook
      333 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1399 2 CITY FU6HT ETA FUGHT ETD I*** 6AW0 OOP '/TO S0176 1105 UKOdi S0230 1830 0F82 2055 "2S iS Of81 1930 NrfYal TG407 2105 TG408 0620 SL, MOMB MB "StiS 5S™ ,c 3S5SS S5 KL837 1455 HonqKooq UA805 0105 UA806 0800 Anchorm« P0168 1720 SOI 1125 CX7K)
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      224 2 HKEU U'i'l Y C Appointments To advertise call toll-fret 1800-*****83 1 V \M\ PENINSULA SECURITIES SDN. BHD. (***** V) (A Member Company of Kuala Lumpur Stock Exchange (]/Ve are a fohor Bahru-based stockbroking firm and are fast expanding our dient base. We are looking for ambitious and talented Malaysians keen
      224 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      190 2 THE WEATHER Singapore: Showers are expected around midday and early afternoon mainly over the northern and western Singapore. Temperature (34-26) Hi/Lo* Good. America Hl/Lo* Cool Ante-IMOe HW Cood. Ankntam 12/£ Cloudy AtlanU tIMB On.* Aurtiutd 42/15 Sunny Athens 17/09 Showen Buenos Alts 18U8 (loudy nTJTT n SUinnv Reffa 12/03 Cloudy
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    • Miscellaneous
      Page 2 Miscellaneous Column 2
      134 2 UKVFTIU CROSSWORD 8 Cloth worker in one of the TOIBUUTSBOLUTIOM Hanoi I left (4) forces (8) 27 Dull teacher, a lazy personal Trying more to revolutionise IsmLmEyM^oyLMfMNj part of mathematics (12) Ic^AßrffiinfleMAffiHrns DOWN 14 Prison meal served up cold cMsyEyuiiulßßyAMC 1 Subscription owing to mas- (10) ter(6) 16 Astronaut finds
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      67 3 v: -i f a "V* .r V- I V > -i' W IB 1 V" i?9HpP* I|JHL EMPORIO^RMANI 50 Cuscaden Road 02-02 Hl'l. House, Singapore 435 Orchard Road Isetan Orchard Wisma Atria. Singapore 2 .lalan Sultan Ismail Unit (il /1.12 Concorde Hotel. Kuala Lanipur 50 .lalan Sultan Ismail Ist-tan Lot
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  • FOCUS:PERSONAL FINANCE & INVESTMENT
    • BULL'S Eye
      • Article, Illustration
        BT Sentiment Index
        644 4 Those polled for their views on next week's Singapore stock market outlook are: ING Barings, Daiwa Securities, Fraser Securities, GK Goh, Deutsche-Morgan, Phillip Securities, Merrill Lynch. Creative Technology ♦(Bay) Merrill Lynch, April 4, U5510.75 The company announced that Q3 FY97 results would be above market expectations and
        644 words
      • Article, Illustration
        In My Opinion
        358 4  -  Song Seng Wun Regional economist ABN-Amro Hoare Govett Asia 44T") ANK Negara's latest J-v curbs on credit facil* XJ ities for property purchases, though rather broad, are meant as a prudent preemptive move against a potential runaway situation. Lastest indicators show that lending to the less productive
        358 words
    • Article, Illustration
      The attraction of bonds
      668 4  -  Diversifying into bonds will help hedge against potential negative returns from fixed deposits and volatile equity By Shiv Taneja [SINGAPORE] INVESTING in bonds, or fixed-income instruments, has often been considered the preserve of well-heeled corporate investors with millions to spare. Well, it still is, but individual
      668 words
    • Article
      RMG likely to take off despite weak market
      558 4  -  Plenty of retail interest expected, says analyst By, Jenny Lam [SINGAPORE] Sesdaq-bound Raffles Medical Group's initial public offer, which closes next Wednesday, is expected to take off despite the weak stock market and dampened sentiment. This is partly because it has a
      558 words
    • Article, Illustration
      Serial not for quick profit: analysts
      519 4  -  Byi Annette Pau [SINGAPORE] Analysts are mostly lukewarm towards the public share offer of local electronics components distributor Serial System in the wake of waning IPO sentiment after dismal performances of the two most recent floats amid a lacklustre local bourse. IPO fever appears
      519 words
    • Article, Illustration
      HK market unlikely to be hard hit despite rate jitters
      644 4  -  EYE OH THE REGION: HONGKONG Stocks underpinned by supply/demand imbalance in property market From Quak Hiang Whai in Hongkong THE Hongkong market appears to have reached a crossroads. Only three months ago, a survey by a local newspaper produced overwhelmingly
      644 words
    • Article
      DBSS' Picks
      304 4 Recommended portfolio weights for BT-SRI Stocks CONTRIBUTION PRICK AS _DB8S WCOMM STOCK TO SRI AT APRS RECOMMENDS DBSSWTS hear 0.43% US$1.64 Accumulate OSX% OnrtM 3.33% SS9.35 Accumulate 3J7% flWM 0.56% U8$3.66 Accumulate 066% Qwte&Qfcrr 4.05% 8$15.20 Hold 2M% DBS Baa* (F) 5.57% S$17.70 DBSS'parent 5.57% PafcTftol 2.20% U8I0.77
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      577 5 ECO-lEE Ground Breaking for Resource Recovery Centre cum Taking Over of Sustained Shockwave Plasma Technology In 1995 Singapore 3,800 tonnes industrial and commercial waste a day. This figure is increasing at an DEAR FRIENDS f Environmental Protection is Everybody's Responsibility, Waste Minimization, Recovery and In the face for ever rising
      577 words
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      2927 6 Mil UNITED"OVGRS€AS BANK LIMITED AND ITS SUBSIDIARY COMPANIES II I I (INCORPORATED IN THE REPUBLIC OF SINGAPORE) RAI ANftE SHEETS AS AT 31 DECEMBER 1996 Qroup The Bank The Qroup Tlwßufc I Notes 1088 lias 1996 1995 Note* 1888 1995 1008 1995 I Two iooo rooo" $000 rooo rooo rooo
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  • REGION
    • Article
      Thai firms warned not to mislead on mergers
      454 7  -  BANGKOK SET threatens to suspend, halt trading in the shares of companies that do so Bu Harish Mehta THE Stock Exchange of Thailand yesterday warned that it will suspend or halt the trading of shares of companies that release unclear or misleading
      454 words
    • Article
      Rupiah rattled by repeated rumours that Suharto's unwell
      356 7  -  JAKARTA Stocks also fall despite govt denial and president's hectic work schedule By\ S N Vasuki INDONESIAN stocks and the rupiah came under selling pressure yesterday on persistent rumours that President Suharto was unwell. Though Mr Suharto maintained a hectic work schedule
      356 words
    • Article
      Lock icon 800 PAS demonstrators fight police
      260 7 KUALA LUMPUR AFP POLICE clashed yesterday with hundreds of Islamic fundamentalists opposing an Israeli cricket team's presence in Malaysia and laid siege to a mosque where demonstrators sought refUge. About 500 policemen clashed outside the suburban campus of the University of Malaya with some 800
      AFP  -  260 words
    • Article
      Lock icon Ting to sue over Internet article
      234 7 KUALA LUMPUR AFX-Asia EKRAN executive chairman Ting Pek Khiing said he plans to sue freelance journalist M G G Pillai over an article on the M 513.6 billion (Ss7.B billion) Bakun hydro-electric dam project in Sarawak, The Star newspaper reported. Mr Ting said the
      AFX-Asia  -  234 words
    • Article, Illustration
      Lock icon Roaring for mum
      56 7 [TAIPEI] A Taipei primary school pupil, seated at the base of a huge stone lion, crying out for his mother yesterday during activities celebrating Taiwan's Women and Children s Day. About I,oooyoungsters and their parents turned out at Taipei's City Hall to watch displays of local dancing
      REUTER  -  56 words
    • Article
      Lock icon Compulsory labour to rebuild Vietnam
      149 7 HANOI AFP VIETNAM needs to engage millions of people in a compulsory labour scheme to help rebuild the country's tattered infrastructure, Communist Party chief Do Muoi was quoted as saying in a report yesterday. Speaking to reporters on Wednesday, Mr Muoi said compulsory labour was
      AFP  -  149 words
    • Article
      HK could lose HK$34b if US revokes China's MFN
      396 12  -  HONGKONG China's loss could affect HE'S longer term growth, business confidence: govt By< Quak Hiang Whai HONGKONG stands to lose up to 86,000 jobs or HK$34 billion (556.3 billion) in income should China lose its Most Favoured Nation (MFN) trading status
      396 words
    • Article, Illustration
      Lock icon Art of seeing through people
      35 12 [OSLO] Qiao Shi, head of Parliament of China's National People's Congress visiting the Vigeland Sculpture park in Oslo on Thursday. He is on a four-day official visit to Norway. REUTER
      REUTER  -  35 words
    • Article
      Capital markets likely to be key issue at Apec talks
      347 12  -  CEBU By' Vikram Khanna HOW to deepen capital markets in the Asia-Pacific and develop ways to encourage more private sector financing of infrastructure, are two related issues that are likely to loom large at the three-day Apec finance ministers' meeting,
      347 words
    • Article
      Lock icon India sets a six-month deadline for foreign airlines
      286 12 NEWDELHI Drop stakes in Indian domestic carriers by then, orders govt AFP INDIA yesterday ordered foreign airlines to withdraw their investments from Indian domestic carriers within six months. Aviation Minister CM Ibrahim said: "Existing companies operating in the domestic air transport sector,
      AFP  -  286 words
    • Article
      Lock icon US sees mixed China signals on HK
      259 12 WASHINGTON Reuter THE US State Department said this week that China had sent mixed and sometimes disturbing signals on the future of Hongkong's legislature, human rights and press freedom after Beijing takes control there on July 1. "Over the past year, developments in
      Reuter  -  259 words
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      1128 7 I lIH I 4t|| UNITED OV€RS€AS BANK LIMITED ANO ITS SUBSIDIARY COMPANIES J I I 111 KKPOTMIIO M K"«< »WW«I I I NOTES TO THE FINANCIAL STATEMENTS 1 (Cont'd from previous page) —h Percentage of I Cartel Held BuiinM* of I Sutoldariett Country ol cant* By J| inSSL tam t^sM+£ammH»
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      2768 8 111 l XiSiefT^Bg-E-^ISMWsI-JSjSHiS ■mr INDUSTRIAL 6 COMMERCIAL BANK LIMITED AND ITS SUBSIDIARY COMPANIES 111 l (INCORPORATED IN THE REPUBLIC OF SINGAPORE) I RAt ANrg SHEETS AS AT 31 DECEMBER 1996 n»B»« TMOroe I Note SS SS" n~ m. I FooeT vooo" >000 I 000 $00 ,00 ,00 $00 5 CURRENT
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      2842 9 HI! aijSßis*s^ Mil CHUNG"kHIAW BANK LIMITED AND ITS SUBSIDIARY COMPANIES II I I (INCORPORATED IN THE REPUBLIC OF SINGAPORE) BALANCE SHEETS AS AT 31 DECEMBER 1996 The Group The Bank The Group The Bank Note. 1996 M !»L !»L ITTT" IT77T $000 000 $'000 $000 $'000 000 000 000 CURRENT
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      2339 10 1111 3S BEI «=3 Pttf" ilsi fill 111 l FAR €AST€RN BANK LIMITED AND ITS SUBSIDIARY COMPANIES II 8 I (INCORPORATED IN THE REPUBLIC OF SINGAPORE) BALANCE SHEFTS AS AT 31 DECEMBER 1996 The Group The Bank The Group The Bank Note* 1996 1995 1996 *995 Note* 1996 1995 1996
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      3369 11 nil s eg M «ass» MM UNITED OVERSEAS FINANCE LIMITED AND ITS SUBSIDIARY COMPANIES II I I (INCORPORATED IN THE REPUBLIC OF SINGAPORE) BALANCE SHEETS AS AT 31 DECEMBER 1996 The Group The Company The Group The Company I J**— I 9 I I $000 $'000 $*000 $'000 Notes 1996
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      914 12 111 l 111 l united"overseas finance limited ano its subsidiary companies 111 l IMCMMMATfO TMC MMIK Of MMfMf) notes to the financial statements (Confd from previous page) 20 Singapore Government Securities The Group and The Comp-vy 1996 1995 $000 $000 At Cost 28 473 Provision lor diminution in value "*>
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  • THE WORLD
    • Article, Illustration
      Lock icon Rubin: Yen/US$ rate won't be trade policy instrument
      510 13  -  TOKYO He implies Japan must be given time to recover; softer line sends greenback soaring in Europe By, Anthony Rowley ASSURANCES by United States Treasury Secretary Robert Rubin in Tokyo yesterday that the US will not use the yen/dollar rate as an
      AFP  -  510 words
    • Article
      Lock icon Canadian investors start class action suit against Bre-X
      325 13 TORONTO Bre-X execs accused of deceiving investors by bloating estimates of Busang gold find AFP A GROUP of Canadian investors has launched a class action suit against troubled mining company Bre-X Minerals over the Busang gold debacle. The claim, for unspecified damages,
      AFP  -  325 words
    • Article
      Lock icon BCCI: ex-shipping chief convicted
      285 13 LONDON FT ABBAS Gokal, the former chairman of the Gulf Group shipping empire, was convicted on Thursday of the largest single fraud in British history. A jury at London's central criminal court, the Old Bailey, found him guilty of a U511.2 billion (Ssl.7 billion) fraud on
      FT  -  285 words
    • Article
      Lock icon Barshefsky takes tough line on trade
      235 13 WASHINGTON Bloomberg US TRADE Representative Charlene Barshefsky warned Japan that an increase in the US deficit, resulting from a surge in Japanese exports to take advantage of the weaker yen against the dollar, won't be tolerated. "The Japanese have been told that we do
      Bloomberg  -  235 words
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      353 13 KATANA GOLF Forged Titan Drivers and Irons Clubs Forged in Fire to Help You Hit Further Katana Golf KG 801 Forged Soft Cavity Iron With precision forging of a soft iron material, a high precision and high performance clubhead is accomplished. The long irons capture the ball firmly and achieve
      353 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon Creative shares leap 24% as firm is upbeat on Q3
      474 14  -  Stock rises $3.30 to $16.90 as company says Q3 results will beat analysts' forecasts ft/. Jennifer Lien [SINGAPORE] Creative Technology shares yesterday soared 24 per cent its biggest one-day gain in four months following a company announcement on Thursday that
      Source: Bloomberg  -  474 words
    • Article
      DBS Land signs Shanghai project deal
      311 14  -  Residential joint venture is company's fifth in China Jenny Lam [SINGAPORE] DBS Land has signed a joint venture deal to develop a massive residential project in China its fifth in the country. The proposed 5,000-unit apartment project in Shanghai will be its largest majorityowned
      311 words
    • Article
      OCBC opening Indon joint venture bank
      212 14 [SINGAPORE] Overseas-Chi-nese Banking Corp yesterday announced it will open PT Bank OCBC-NISP, its joint venture bank with Indonesia's Bank NISP, on Monday. OCBC owns 85 per cent equity and Bank NISP the remainder. PT Bank OCBCNISP's initial paid-up capital is 150 billion rupiah (5589.4
      212 words
    • Article
      Genting minority holders may need to take close look at deals
      646 14  -  HOCK LOCK SIEW Eddie Toh CASINO tycoon Lim Goh Tong has again shuffled assets within his stable, this time involving mainly Genting International Ltd (GIL), Star Cruises Group and Genting Bhd. This is not the first time that Mr
      646 words
    • Article
      Amcol creditors approve rescue plan
      479 14  -  Move paves way for eventual re-listing of company under new name of Golden Amcol Hyi Conrad Raj [SINGAPORE] Amcol Holdings' bank and trade creditors yesterday overwhelmingly approved the rescue plan by Indonesian conglomerate Sinar Mas. The move paves the way for eventual re-listing of the
      479 words
    • Article
      New Toyo closes unchanged on debut
      329 14  -  By Clarissa Tan [SINGAPORE) Latest mainboard entrant New Toyo International yesterday closed unchanged from its offer price of 80 cents the most dismal first-day showing this year so far. Analysts, however, are cautious as to whether this spells the end of the public frenzy
      329 words
    • COMPANIES
      • Article
        Lock icon US$14b of mergers may fall apart
        463 15 Weak Dow could result in some US deals being cancelled and others revised Bloomberg [NEW YORK] The plunging US stock market threatens to derail US$l4 billion (Ss2o billion) of mergers among American companies this year, as the value of the shares counted on to
        Bloomberg  -  463 words
      • Article
        Peninsula Securities eyes seat on Manila exchange
        334 15  -  From, Al Labita in Manila PENINSULA Securities Sdn Bhd, a unit of Malaysian-listed Pan Pacific Asia Bhd, is applying for a seat in the Philippines Stock Exchange (PSE), the company said yesterday. In a letter to the PSE board of governors, Peninsula chief
        334 words
      • COMPANY Briefs
        • Article
          Lock icon Regional telecom firms link up
          89 15 Bernama (MANILA] Malaysian telecom firms Celcom and Maxis were tapped by Manila-listed Globe Telecom in linking East Asean's border areas to their international roaming network, the company said yesterday. In a disclosure, Globe Telecom told the Philippines Stock Exchange that its partnership with Celcom and
          Bernama  -  89 words
        • Article
          Lock icon Olympia Ind unit gets gaming licence
          44 15 AFX-Asia [KUALA LUMPUR] Oiympia Industries Bhd said that its unit Diriwan Corp Sdn Bhd has received a gaming licence from the Ministry of Finance. Diriwan will submit applications to Sabah authorities for the issuance of trading licences. AFX-Asia
          AFX-Asia  -  44 words
        • Article
          Lock icon Indocement investors give nod on rights
          63 15 Reuter [JAKARTA] Indonesian cement maker PT Indocement Tunggal Prakarsa said its shareholders have approved a move to buy 50.1 per cent of its subsidiary PT Indofood Sukses Makmur's 1.007 trillion rupiah (Ss6oo million) rights issue. Indocement has a 51.9 per cent stake in Indofood.
          Reuter  -  63 words
        • Article
          Corrections & clarifications
          50 15 Corrections clarifications IN OUR story yesterday headlined "Ringing fall for Sing Tel, Keppel T&T", we said Keppel T&T's share price fell by 19 cents on Thursday. The stock went ex-rights on that day and after adjustment, the share price actually dropped by seven cents. We are sorry for the error.
          50 words
      • Article, Illustration
        Lock icon Going on the air in Creole
        58 15 [FLORIDA] Haitian Television Network (HTN) president and producer Claude Mancuso (left), tape editor Richard u a on-camera talent Rosemari Mancuso editing a tape on Wednesday before sending it on the air at their Miami-based TV station. HTN is the first network in the US
        AFP  -  58 words
      • Article
        Lippo Group plans long-term business base in S'pore
        214 15 [SINGAPORE] Indonesia's Lippo Group, which is spearheading a general offer for mainboard-listed Auric Pacific, plans to build up a long-term business base here. In a takeover document to Auric shareholders, Lippo said its acquisition of a substantial stake in Auric was a
        214 words
      • Article
        Lock icon Ekran fails to get KL loan guarantee, says report
        142 15 Bloomberg [KUALA LUMPUR] Malaysia rejected a request by Ekran chairman Ting Pek Khiing for a guarantee for a Msl billion (Sss7B million) interim credit facility to help finance construction of the Bakun Dam, the Asian Wall Street Journal reported. Instead, Finance
        Bloomberg  -  142 words
      • Article
        Lock icon Tan Chong Motor revises revamp schemes
        291 15 Bernama [KUALA LUMPUR] Tan Chong Motor Holdings Bhd has revised the schemes of arrangement under the proposed rationalisation and demerger of its group operations. The group's local automotive parts, local non-motor and foreign operations divisions would be rationalised and regrouped under three whollyowned subsidiaries
        Bernama  -  291 words
      • Article
        Lock icon Sassoon to investors: Upgrade S'pore in short, medium term
        348 15 New BTsian curbs on lending have led to revision of market view: research report Reuter IKUALA LUMPUR] J M Sassoon Co yesterday advised investors in a research report to downgrade Malaysia and upgrade Singapore in the short and medium-term. "We would
        Reuter  -  348 words
      • Article
        Lock icon Lower prices drag Asia Pulp and Paper profit down by 32%
        363 15 Selling price for pulp falls 45%, paper 19% and packaging 13% Bloomberg [SINGAPORE] Asia Pulp and Paper Co said 1996 profit tumbled 32 per cent on lower pulp and paper prices. The Singapore-based paper maker, which has most of
        Bloomberg  -  363 words
      • Article, Illustration
        Lock icon Bangladesh stock market in disarray
        349 15 DPA, FT [DHAKA] Trading on Bangladesh's stock exchange came to a complete halt on Thursday after judges ordered the arrest of 36 leading brokers and officials for allegedly manipulating share prices. The arrest warrants, which include the names of Imtiyaz Husain, chairman of the Dhaka
        DPA,; FT; Source: IT  -  349 words
      • Article
        Lock icon PanGlobal becomes Econstates' largest shareholder
        288 15 Bernama [KUALA LUMPUR] Pan Global Bhd yesterday emerged as the single largest and major shareholder of Econstates Bhd following its acquisition of 40 million ordinary shares for MS24O million (*****.6 million), in cash, representing 26.7 per cent of the issued and paid-up capital of Econstates.
        Bernama  -  288 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon SEC bars retirement plans from hedge funds
        515 16 But rich individuals will be allowed to pat retirement savings into such funds Bloomberg [WASHINGTON] The Securities and Exchange Commission on Thursday adopted a rule that allows wealthy individuals to invest retirement savings in hedge funds and venture-capital pools but prohibits such investments
        Bloomberg  -  515 words
      • Article
        Lock icon HSBC first to cut home loan rates in NZ
        428 16 Reuter [WELLINGTON] HongkongBank yesterday opened the prospect of a new round of cuts in New Zealand home loan rates when it shaved its floating rate to 9.6 per cent from 9.75. The New Zealand unit of the Hongkong and Shanghai Banking
        Reuter  -  428 words
      • Article, Illustration
        Lock icon Greenback to head lower?
        362 16 USB/m*rlc The US$ traded between 1.6610 and 1.6816 for the first four days of the week. In the past few weeks the unit has been making lower highs and lows, indicating a softer tone. Support levels are seen at 1.6610 and then at 1.6570, and a
        Source: DBS Bank  -  362 words
      • Article
        Lock icon Citibank offers yuan products
        197 16 It is Ist US bank to get nod to do business in Chinese currency AFP [WASHINGTON] Citibank said it would start conducting business yesterday in the Chinese yuan, making it the first US-based institution to perform local currency transactions in China. In a statement received here,
        AFP  -  197 words
      • Article
        Lock icon CFTC case: Chinese man pays US$450,000
        107 16 Reuter [WASHINGTON! A Chinese citizen linked to Standard Forex Inc, a firm accused of selling illegal off-exchange foreign currency futures contracts, agreed to pay U*****,000 (*****.000) in a settlement with the Commodity Futures Trading Commission, the agency said on Thursday. Lao Yuan Yi, who
        Reuter  -  107 words
      • Article
        Lock icon Exxon to build two lubricants plants in China
        255 16 Bloomberg [IRVING, Texas] Exxon Corp said it's building its first two lubricants plants in China to serve the country's rapidly growing market for motor oil. The plants in Tianjin and Ningbo will each be able to process 250,000 barrels a year. They'll
        Bloomberg  -  255 words
      • Article
        Lock icon JGBs soar on cash bond buying
        237 16 SlMEXßevort Reuter [SINGAPORE) Simex Japanese government bond (JGB) futures soared to record highs yesterday on strong demand for cash bonds. Dealers said that there were no new factors behind the JGB rally, but growing confidence that the Bank of Japan would not hike interest
        Reuter  -  237 words
      • Article
        Lock icon S'pore oil stocks low alter selling frenzy
        328 16 ENERGY REPORT Reuter (SINGAPORE) Unusually high prices for oil products have sunk Singapore stocks to their lowest level in at least three years after a selling frenzy, traders said yesterday. But a huge wave of imports is heading towards Singapore, which could see
        Reuter  -  328 words
      • Article, Illustration
        Untitled
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        1,160 words
      • Article
        Lock icon CURRENCY REPORT
        180 16 Reuter THE US dollar was stable in the wake of announcement in Washington of US employ- ment figures for March. The greenback posted gains immediately after announcement of the data, but quickly eased i back to levels close to the ones noted during most of the day. At
        Reuter  -  180 words
    • Article
      COMMODITY PRICES
      1470 17 EBCOM FOTPMS MHQ(MniclMfe|NttLM)H) assicMTiAascMtiAD a*» Mj yd i— $«tt (t—m) Ifrart My 97 *9.00 «5 Jm 97 170.25 mO JM 97 ***** 172.00 ***** 400 *70 A«| 97 172-00 WO Sm 97 172.50 WO 5/1*97 ***** 5250 ■»3C0NTtACT(UScwtsA|> MHi U* S<tt (twm) M*w«t Ml 97 87.75 87J0 WJ0
      1,470 words
    • Article
      WORLD STOCK MARKETS
      2105 17 >g04 N«CS AB Ports *****0 ♦1.400 Abboy National 741 *13 AIM Domocq 450 2.600 Amac *3.400 Asda Croup 106.400 *400 BATInd_ 519.400 *3 BG Pic 17X400 *6 BICC 270.400 1 BOC Group *****0 -1 BR Patroiaum 670.400 -13.600 BTR 260 4 Bank of Scotland 320 *3 Barclays
      2,105 words
    • Article
      Lock icon TOKYO
      1647 17 Reuter □Nikkei 225 -288,72 STOCKS closed lower yesterday, depressed by continuing weakness in the brokerage and construction sectors. Brokers said a downturn on Wall Street overnight also clouded sentiment, with many dealers squaring positions ahead of key US employment data due out later yesterday. But the downside is seen
      Reuter  -  1,647 words
    • Article, Illustration
      Lock icon HONGKONG
      1563 18 AFX-Asia QHangSmg *149.42 SHARE prices closed higher in futures-led trade yesterday, but with investors sidelined ahead of the US payroll data. The Hang Seng Index closed up 149.42 points at 12,204.59. Turnover was HK$4.9 billion, with around HK$l billion of this done in the last half-hour of trade. The
      AFX-Asia  -  1,563 words
    • Article, Illustration
      Lock icon CHINA
      647 18 Reuter Q Shenzhen B Index +0.07 SHENZHEN B shares closed slightly higher yesterday in thin volume with investors waiting for the flood of company annual reports due by April 30. The B Index inched up 0.07 point to 161.27 on turnover of HKSSB.B million, compared with Thursday's HKS44.I million.
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  647 words
    • Article
      Lock icon WELLINGTON
      263 18 Bloomberg n Wellington -(138 STOCKS closed lower yesterday. Newsprint producers suffered after a report showed production exceeded consumption in February. The NZSE 40-share Index fell 0.38 point to 2,225.53. Bloomberg cm roow ANZBcnUnq 8*5 0.15 ***** Advontpqos HMqi 1.23 unch 2000 Air New ZM4«nd (A) 2.59 0.01 *****5 Air
      Bloomberg  -  263 words
    • Article, Illustration
      Lock icon BANGKOK
      825 18 AFP H SET Index *BJ6 SHARE prices rose yesterday, with buying in the banking and energy sectors boosting the index ahead of a long weekend. Dealers said the index recovered on foreign buying of selective shares, mainly in the banking, energy and communication sectors. The SET Index rose 8.08
      AFP  -  825 words
    • Article
      Lock icon SEOUL
      417 18 AFP yiCompoateladcg +BUB SHARE prices rebounded yesterday with bargain hunting focused on petrochemicals and steel shares on improving business prospects. "The underlying tone is very strong. Recent gains are baskl on the market's conception that the worst is over for the economy," an analyst said. The Composite Index closed
      AFP  -  417 words
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      Lock icon SYDNEY
      612 18 AFP FlAfl Primaries +&5 INVESTORS hunting for bargains in the wake of the market slump earlier this week helped to push shares higher yesterday. The All Ordinaries Index rose 8.5 points to 2,369.5. Turnover was 304.1 million shares worth A 5844.7 million. Among the blue chips, global miner CRA
      AFP  -  612 words
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      Lock icon JAKARTA
      742 18 Bloomberg Q Composite Index -4J9 STOCKS fell yesterday, led by the clove cigarette makers Gudang Garam and Sampoerna, on concern global interest rates will rise, crimping corporate profit. There's also concern Indonesia's general election on May 29 could prove a flashpoint for resentment of the ruling party, Golkar, and
      Bloomberg  -  742 words
    • Article
      Lock icon MANILA
      290 18 AFP Q Manila -4418 SHARE prices fell yesterday, reflecting the drop ill the Dow and during a day that was interrupted by a power failure in the Manila bourse. The PSE Composite Index fell 44.18 points to 3,060.59. Turnover was 5.1 billion shares worth 2.3 billion pesos. San Miguel
      AFP  -  290 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Prices end off day's lows on late buying
        206 19 AFX-Asia P Composite Index -15.73 SHARE prices closed off their lows yesterday as late buying support by institutions helped prevent further falls. Dealers said late bargain hunting from both local and foreign funds was seen after stocks were weakened by the reaction
        AFX-Asia; Source: KLSE  -  206 words
      • Article
        Untitled
        267 19 U» Dm IMP CMWIW pro 40 7 Mpti 14 61 13 Construction 3 16 4 Tra**/Svc 22 40 7 Wrutrv 0 2 0 rinanct 12 47 9 Hot** 0 6 0 Propoft* 9 50 7 Plantation 5 28 4 MMng 0 7 1 Trvnt 0 1 3 Loon 23 73
        267 words
      • Article
        Untitled
        7263 19 TEpiuhu Cmsmmt mAKti it*r l**i v«t oay m* Cm High Ln Company Sala 'OOP High Law PA1 $mll 790 650 AJinomoto 660 30 J6 685 MO 504 267.5 448 322 Angkasa 328 "24 659 350 322 9.7 483.6 905 705 Apollo Food Klq 750 unch W7 770 705 30a0 428
        7,263 words
    • WARRANTS & OPTIONS
      • Article
        Commerce Asset wrt: not time yet
        205 20  -  WARRANT WATCH By: R Sivanithy IT WOULD take a brave person indeed to put any money into Malaysian banking or property counters now both sectors have been hammered following Bank Negara's latest measures to prevent asset inflation. Still, although several houses have issued sell
        205 words
      • Article
        Untitled
        3597 20 BONDS, LOANS WARRANTS m aa Lost Vol Doy Loft Ouoto M Low St no Comply Solo ♦or- COOP) Hifh_ Low B«yof SHor Prteo 68 48 m 3QOO m AMOS c5.5******6 SOsc 5 I 62 415 3160 *Acar ******1 USS US 42 ,95 SIS 79 131 77 3164 Acma ******4 80
        3,597 words
    • Article
      CLOB INTERNATIONAL
      2196 20 MALAYSIAN STOCKS Gr Of l997 List Vol Day Last Ouote Ot» Olv VW Net M Cap Ht» Lw Stno Com—* SHe COOP) Hl» Li. Buyer Se«er C'vr P/l $m« 470 376 m$5000 AIS850C 382 -2 57 386 376 382 364 5.0 4.9 04 77.6 137 94 m s
      2,196 words
    • STOCK EXCHANGE OP SINGAPORE
      • Article
        Untitled
        1252 21 TUMWVU COOO) VAIUI fOOO) m» a«» t«M> 2SL-— kMIH 40,699 IXZTt *3,«TT I09.7»f ftlJ7 nnra 5.960 ST(W 2 j'Sj Hotoft 1220 tfJT Xwr MK M» foS? ***** <m£ 3 'o|o 920 Z491 2.491 •I* 4.W7 26,697 JO*«4 24 i-. 27 jSi TOM 5A.579 90.690 W9.269 WW9 12*»4 32*863 StSOAO 7.233
        1,252 words
      • Article
        MAIN BOARD
        3253 21 Transaction Date -.Apr J Or Or mm aumU 01, wv Yid Nat Cm A»<1 1997 ..XfL ML-1 y CW W WM m«ii Low stHa Cggg Ht >l —wyw INDUSTRIALS 5146 ASENT$10 200 US- I II---- 88.5 885 885 1275 ASF US$0.***** US885 UM 160 160 163 5.0N 4.9
        3,253 words
      • Article
        SESDAQ
        583 21 6c Or M m LMt V* D«V 0<N«> Wv 0t« YM MM Cf Ay* Mm Urn f*m C.t..r rooo) Mm. u» cw p/t $—>*«• ,86 131 2000 A8RHW*5c 133 Cd unch •1 134 131 132 113 3.0 6.0 0.1190.0 £2 134 2 m 'V, 205? *L A 89 -03
        583 words
      • Article
        Untitled
        224 22 Stocks V*— New Toyo 25c 7,156.000 *H8f Hldgs 50c 5,317.000 *MBF Land Bhd 4.428.000 labroy M20c 4,298,000 HK Land US$0.1 4,262,000 •AmsteelWt 3.421.000 •P\j6 Bk Foreign 3,398.000 •Serjayi Group 2,645,000 land General 2,632,000 ♦AsiaPacLd 2.*****0 Stacks U06 Foreign 15,943,396 06S Foreign 12,791.200 SPH Foreign 12.422.130 HK Land US$0.1 9,954.940 Keppd
        224 words
      • Article, Illustration
        Local blue chips continue to show some resilience
        628 22  -  STOCK MARKET COMMENTARY Eyes are on M'si&n market where jittery Dow, forced selling are said to have added to selling pressure sparked by credit curbs By R Sivanithy [SINGAPORE] All eyes were on the Malaysia share market yesterday, where investors, having had
        628 words
      • Article, Illustration
        HOT STOCK
        61 22  -  -bf Ven Sreenivasan THAT KL-listed construction company, Intria Bhd, has been able to buck the prevailing bearish ovez hang should come as no surprise to anyone studm ing its technical charts. The counter has solid suJ port at M 55.95. its RSI is neutral and its momentuM indicators
        61 words
      • ON THE GRAPEVINE
        • Article
          24-hr banking that isn't
          102 22 SOME customers of OCBC Bank were rather unhappy when it decided to close its conveniently-located branch in the Raffles Place MRT station. The bank must have thought, in keeping with the times, that auto-banking would be better, and duly informed customers about the conversion of the
          102 words
        • Article
          Hedging against healthcare costs
          94 22 ONE enterprising analyst has come up with a novel reason for buying healthcare shares like Parkway and the Sesdaq-bound Raffles Medical Group—as a hedge against escalating healthcare costs. According to his theory, since rising healthcare costs are as certain as sunrise tomorrow, Me could do worse
          94 words
        • Article
          Love it, hate it
          82 22 EVER heard of a company promoting its latest product by getting a user to say he hates tt? The company is IBM, no less; and nope, the computer giant hasn't gone on a "truth In advertising" binge. A house ad In Its employee magazine Think features
          82 words
        • Article
          It's no April Fool's joke
          62 22 A READER called to ask one of our colleagues if his column speculating on the possibility of 99-year landed property going below |l million —which happened to be published on April 1 was an April joke. It wasn't, which prompted the columnist to ask aloud
          62 words
        • Article
          Hit squads
          102 22 AS CUSTOMERS, many of us have at one point or another experienced poor service that can be traced to a lack of coordination between front-line sales staff and their back-up service colleagues. Well, the new CEO of one popular information vendor seems to have found a way around
          102 words
        • Article
          Follow that balloon?
          99 22 CAR companies are now rushing to offer what BMW agent Performance Motors launched two weeks ago—a hire-purchase scheme that delays about one> third of the payment until the end of a seven-year loan. This balloon-payment scheme, as It Is called, worts well for those who dont want
          99 words
        • Article
          Real or phone-y?
          70 22 THE general manager of a prominent hotel in Singapore recently did a variation of the late actress Mae West's femous line: "Is that a gun in your pocket or are you Just glad to see me?"' After a press conference, and in the presence of reporters, she
          70 words
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      Page 14 Advertisements Column 1
      293 14 BUSINISS The only monthly business magazine that gives you the Singapore perspective of the local and regional business scenes BUZZ -;#=£-1 BUSINESS BUSINESS BUSINESS jV/fo l/n in rf Tt EX6CUtIV6 GOndOS TSingapore Telecom lVlCU\Jfvj4 It Wild card to the property maricet |y» Written by the same experts who bring you
      293 words
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      219 15 3 -UJLI Y H Appointments I To mark its 125 th anniversary in 1994, the New I Zealand University of Otago established the 125 th H Jubilee Postgraduate Scholarship to assist one first I class research student from Singapore to study I towards the degree of Doctor of Philosophy or
      219 words
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      43 18 ♦The Taiwan stock market was closed yesterday. Home Decor For people who love their homes For real-time stock information, Scall 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.
      43 words
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      54 19 You may have been unable to get your copy of The Business Times, The Straits Times, The 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
      54 words
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      Page 19 Advertisements Column 2
      155 19 FREE GIVE YOUR HAIR A NEW LEASE OF LIFE •r\ r,, t i i With Hay's Formula, you need no longer worry about hair problems like balding, hair une irtc nsir cire scrvtcc One free shampoo sample with ewy purchase loss, damaged hair, premature greying, dandruff, brittle hair and so
      155 words
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      179 20 —Land Transport Authority Infoline fe™" Resu,,s INFHllilie COE Bidding Results I Car Registration Number Availability. Wondering which share result AnSPHAud.oTexServ.ee Available on 10th or 11th of every month. All you Available between Saturday and Wednesday each week. All you need is Call OUr noil-1900 AuQloTeX Enquiry need is enter your
      179 words
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  • Page 22 Advertisements
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      Page 22 Advertisements Column 1
      566 22 BUSINESS NotiCeS To advertise call toll-free 1800-741 1883 NATSTEEL LTD (Incorporated in the Republic of Singapore) LOST STOCK/SHARE CERTIFICATES The following stock/share certificates have been reported lost or destroyed:Certiflcate Nos. In tllf Mint of ftflrtflf SSI.WcSCtI *****2/*****5 Siew Ah Ngce 4 x 1,000 *****6 -do- 625 *****4/*****6 -do- 3x1,000 *****7
      566 words
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      Page 22 Advertisements Column 2
      79 22 Rising Occasion *i'.i.-' 5 lii vi i»i. *< '*i i jßmM'ii l &*f [fie tf JSMtoffeaafedg*,/ openings ISO certification a^^BpHftyV^Hj^^^^H^^^HParound-breaking ceremonies -j|* r *7^' r~ -v.*. These and other corporate milestones present perfect opportunities to enhance your corporate image with a self-funding special feature in our newspapers. For more information
      79 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Local jewellery designers find niche
      1383 23  -  Initially unknowns in the market, they have managed to cultivate a loyal following. coRnmBHBBK talks to four designers whose efforts have paid off CORINNE KERK SUXAN SIM is clueless about accounting and the essentials of running a business. She only knows she has to pay
      1,383 words
    • STRAWS In The Wind
      • Article
        Food for thought
        163 23 Some famous last words: "I think there is a world market for maybe five computers." Thomas Watson, chairman of IBM, 1943 "There is no reason anyone would want a computer in their home." Ken Olson, president, chairman founder of Digital Equipment Co, 1977 "The concept is interesting
        163 words
      • Article
        Slimming suds?
        81 23 THOSE fighting the battle of the bulge and desperate enough might be taken in by an intriguing health care product on sale at a Tanglin Mall pharmacy. It's inelegantly called "Defatting Soap", but it is supposed to help one magically trim those awkwardly rotund body parts just by
        81 words
    • VIEWPOINT
      • Article, Illustration
        Lock icon Teaching the elephant to dance
        1712 24  -  THE RAFFLES CONVERSATION IBM chief Lou Gerstner talks to kekkbtb jambs about his pivotal role in one of America's great corporate turnarounds and his vision of society transformed for the better by information technology KENNETH JAMES IBM Corp 1993-1996 has to rank among the great
        ARTHUR LEE  -  1,712 words
      • Article
        Rise of more Silicon Valleys
        584 24 PROM his vantage point as head of one of the world's most sought-after computer multinationals, Lou Gerstner is able to size up the respective information technology efforts of fast-growing countries like Singapore and Malaysia. His message: there's plenty of scope for sharing. Singapore and Malaysia
        584 words
      • Article
        The computer you wear or drive in the next century
        802 24 INFORMATION TECHNOLOGY will almost certainly transform society. But first some crucial global initiatives have to be realised, Lou Gerstner argues. "I begin with a premise that I've felt and held since before I came to IBM, and that is that
        802 words
    • COLLECTING
      • Article, Illustration
        Lock icon Investing in a multi-million dollar passion
        1206 25  -  What drives Singapore-based Vikram Chand to collect rare stamps and covers from Mauritius? haribh mehta reports HARISH MEHTA AN 11-year-old boy starts a stamp collection in London with his pocket money stash of £70. Thirty years later, he becomes an award-winning collector based in
        CHRIS LOH  -  1,206 words
      • Article, Illustration
        Choosing a girl's best friend
        690 25  -  A diamond is judged by four factors which combine to arrive at its value they are carat weight, clarity, colour and cut By Corinne Kerk YOU'RE in love. You have stars in your eyes. All you need now, is that diamond solitaire. Thanks to those
        690 words
    • Article, Illustration
      A tired tale retold from the mother's eye
      645 26  -  CINEMA Some Mother's Son offers little except a lot of hanging and gnashing of teeth By, Jaime Ee THERE is something vaguely amateurish about Some Mother's Son that you can't put your finger on initially. It has something to do with the
      645 words
    • Article, Illustration
      One forgettable negotiation
      689 26  -  CINEMA Metro comes across looking much like a poor second cousin to Eddie Murphy's earlier police dramas David Boey ONE insalubrious parallel can be drawn between Eddie Murphy's latest screen effort, Metro, and the tram featured in the man-sized billboards that can be found promoting this movie
      689 words
    • Article, Illustration
      A club that targets the discreetly wealthy
      508 27  -  NIGHTSPOT Club Beverly appears to have hit the right formula for catering to the snob set By* A Surendren YOU must have seen many clubs trying hard to achieve that certain level of sophistication, only to fail miserably. While some die never to
      508 words
    • Article, Illustration
      WHAT'S ON
      400 27  -  Compiled by M Yasotha PLAY The Entire World Is A Foreign Land Sealed off from the outside world, a group of unwilling travellers piece together the memories of their past lives, failed ambitions and interrupted dreams. Cast includes Julius Foo, Mohan Sachdev, Loke Loo Pin and Noora Zul.
      400 words
    • EPICURE
      • Article, Illustration
        Lock icon An inspiring start but disappointfiig finish
        683 28  -  Thai restaurant Tam Nak Thai lacks a sumptuous array of desserts, says jaime ee JAIME EE T I AM NAK THAI what a I feat it is to pronounce the rhame (try saying it quick I fpr a greater challenge)— has, as its claim
        FILE PHOTO  -  683 words
      • Article, Illustration
        Buffet lunch with a healthy slant
        248 28 RESTAURANTS IF you are one of those who lament the lack of healthy food on restaurant menus, don't blame the restaurants. Blame the diners. Ask any restaurant and they will tell you that by and large, healthy food is the last thing many of
        248 words
      • Article
        Food's pretty decent, shame about the service
        679 28  -  RESTAURANT By Larry Wee IF you like to eat Italian food in an ambience of completely indifferent service for which the management will not apologise, even when you have the temerity to complain read on. And if you want to pay a 10
        679 words
      • Article
        What's healthy drinking?
        779 28  -  WINE CONNOISSEUR Moderate consumption of alcohol, combined with a healthy lifestyle, can prevent coronary heart disease By] N K Yong A REVIEW of medical literature on the relationship between wine and health, in particular coronary heart disease, for a presentation at the Fourth Symposium of the Institute
        779 words
    • Article, Illustration
      CINEMA
      1140 29 A father's plane goes missing in the Alaskan wilderness, prompting his two teenage sons to go and look for him. Alas, they too get lost in snow-blanketed Alaska. Yishun: 12.20; 4.50; 7.10; 9.30. Trashy Spanish film crammed with spectacle-fogging action and little else. R(A). Lido: 10.45; 1.15; 3.45; 6.30;
      1,140 words
    • TRAVEL
      • Article, Illustration
        Lock icon The mundane and the colourful in HK
        1120 30  -  A taste of the real HK was what be* kumroe got when he went sightseeing and househunting BEN MUNROE EXPATS are either fleeing town (the stamping boots of the Red Army ringing in their ears), or blithely clinging to their home-away-from-home, regardless of
        PHOTOS BY BEN MUNROE  -  1,120 words
      • Article, Illustration
        Balancing comfort and cold efficiency
        745 30  -  HOTEL The Adelphi hotel in Melbourne Is austere yet sensual By] Eva Wong MELBOURNE is unbeatably good value for money so finicky is its weather that visitors get to experience the four seasons in one day. If you happen to be there in dull dreary
        745 words
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      4 23 Raffles Conversation Lou GerstnerEL2
      4 words
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      Page 23 Advertisements Column 2
      98 23 Travel The mundane and the colourful in Hongkong EL 8 Hotel California. -#> At Seasons, you'd l>e 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 make
      98 words
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      121 26 Small enough to put in your pocket, this guide features almost 300 of the finest restaurants and hawker Knf fuuft stalls in the country. Filled with maps, ratings and special recommendations! Also available in the bookshops are Eating in Hongkong and Mr Eating in Beijing/Shanghai. II Specialist I in Residential
      121 words
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      Page 26 Advertisements Column 2
      46 26 I L HB 'top A f nji|n iy y»| m/il* II jl GET IT NOW! APRIL MAY 97 HOME DEOOR $4 50 Times tfie Bookshyps NTUC Supermarkets Kinokuniya Eleven MPH jSTOP PRESS Kiosks Cold Storage She* Esso Caltefr* Mow SPC BP GflP Singapore fres i Holdingi
      46 words
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      Page 27 Advertisements Column 1
      469 27 Where to wine, dine and entertain Our Great 1 Seafood Promotion Is Back! Qliffaog $31.50+++ Child: $18.50+++ Every Friday and Saturday. From 6.30pm to 10.00pm. f Reservations, please call 731-7990. IfekA Singapore *****0. We've Stretched Our Serving Hours for "TUN C H M Cafe Plaza lunch* is the best for
      469 words
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      Page 27 Advertisements Column 2
      88 27 SeLecr pkooj six excinng ser menus and ger a chance to sample dippexenr appensetts, main couKses and dessenrs daily. Available at Nibbles Cafe only in April at $17.80+++ per person. For reservations, please call *****66 Ext. 1105 H .I I Jofanfertta,9ngapan2)Mlt.tat7Vltt6FaE7J747tl flf„! (HaMtoaMMouUdiCK) ——mmmSmm J La Brasserie Brunch smoked salmon,
      88 words
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      Page 27 Advertisements Column 3
      86 27 The BIGGEST Dian Xin Restaurant > At The Neptune on Shenton Way Dian Xin/Lunch llf® j MptUM 1 7IM FLOOR. OVERSEAS UNION HOUSE. I COU.YER OUAY. SINGAfOKE *****1 TEL 224 2322 j JKW forthe Western and local delights for a ideal family get together Features weekly specialities 12 noon to
      86 words
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      Page 28 Advertisements Column 1
      107 28 If you long for Cloudy Bay* on a sunny day. M We're opening on 11 April. *-Cloudy Bay sauvignon Blanc $12.00++ a glass, well chilled. .*-> V > J. 4* ..V 4 f T- ;~SLi**l£xF s 'Mr ***?V a r "yf~- **r;- H v T T ;< J t t*v
      107 words
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  • Page 29 Miscellaneous
    • Miscellaneous
      Page 29 Miscellaneous Column 1
      1846 29 TODAY'S TV PyjmiLrg~# 12 2,00 PM Muppets Babies EECOM mdi>BP YIBwAMQ lioo NN TV Innovations. 330 Prince Valiant. LOO PM Run the Gauntlet. w£y 1 |#Vy *30 Willy Fog 2. A ffnir»o nf ofhowaneuro 2.00 Amazing Games: Turkey. HL jj l ■1„ »> 4 00 Ya Alif < r >-
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