The Business Times, 21 February 1998

Microfilm: NL21083
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA(P) 110/12/97 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, FEBRUARY 21-22,1998
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  • Article
    MARKET SUMMARY
    59 1 D 1M617» (-7.68) D Jnjni-Q.m WtOOMF D sr m BWOBTBM» Friday Chance KLSECOMP 7AM *AU JilKKH 16.7MJM W7« HANG SENG IUM.79 +I&U SET INDEX BLB ♦IL« JAKARTA COUP _4*U LB MANILA COUP —USUI 4M TAIPEI WPI M37.48 SEOUL OOMP in. 13 *8J8 CISA CHINA B MM *AM AUST
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  • Article
    FINANCE
    85 1 EXCHANGE BATES* us» ss USS 1640 t LM UK DM :Uf» MM YEN IN 1788 13» MS S-266 M» HKS l.l» tilt BAHT 1022 0.997 Rl'PIAH 100 0.011 0.018 Inter bank rata PRIME RATES SINGAPORE* 7.85 KUALA LUMPUR. ...11.45 JAKARTA .22.00 BANGKOK 16.25 MANILA 27 30 HONGKONG W25 TAIPEI
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  • Article
    Japan delivers 300b yen in Asean trade financing
    909 1  -  Bnt Hashimoto dashes hopes for added boost to Japanese economy From, Anthony Rowley in Tbkyo JAPAN yesterday unveiled a substantial 300 billion yen (553.9 billion) package of trade financing measures designed largely to help Indonesia and other crisis-hit South-east Asian nations to
    909 words
  • Article
    Jakarta sticks to IMF plan but wants G-7 help on rupiah
    717 1  -  Currency board idea only an emergency measure: Habibie From S N Vasuki in Jakarta IN YET another sign that it was cooling off the idea of setting up a currency board, the Indonesian government yesterday stated that it remained
    717 words
  • Article, Illustration
    Lock icon No Thais will be left if this bug wins
    307 1 AFP [BANGKOK) A computer bug set to infect systems the world over in the year 2000 threatens to wipe out the entire population of Thailand, a report said yesterday. Officials and experts here said the year 2000 bug, or Y2K bug,
    AFP; JEN CHUA  -  307 words
  • Article, Illustration
    Lock icon January non-oil domestic exports down 0.5%
    508 1  -  First drop since May; analysts have expected 10% growth n>/ Audrey Tan |SIN(»AI'()RK| Singapore's non oil domestic exports dropp<Kl l>y 0.5 per cent yearon year in .January, surprising analysts who had expected a growth of around 10 per cent. The weakness was appar ent
    FILE PHOTO; Source: TDB  -  508 words
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      Page 1 Advertisements Column 1
      124 1 umim Lee Kmui Yew at the Eorope-Aaa Foram Europe hasn't done enough to help restore confidence in Asia's currencies and financial markets, says SM Lee Kuan Yew, Pg3 Getmeeting acrwi the Cunewiy Sing Tel is in talks to buy at least 30 pa- cent of Time Telecom, a unit of
      124 words
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      Page 1 Advertisements Column 2
      207 1 Blwik outlook for oil exports, Pg 4 New attraction at The Paramount Restaurant. Come and experience the Volcanic Surprise today! "The Volcano" our superlative seafood hot pot. This popular dish is a do-it-yourself meal which is fun for the whole family or for 'ffc groups of friends. "The Volcano" at
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        592 2 Those polled for their views on the Singapore stock market outlook for next week were: Alliance, Deutsche Morgan Grenfell, GK Goh, Kay Hian, Kim Eng. Merrill Lynch. Phillip. Indosuez WI Carr. City Developments ♦(Buy) Indosuez WI Carr, Feb 19, $6.80 CityDev is the most financially sound company
        592 words
      • Article, Illustration
        In My Opinion
        479 2  -  By Oliver Behrens Managing Director, DB Fund Management Ltd. HE investment enviI ronment in Asia has J A turned out to be unexpectedly tough. In the second half of 1997 and early 1998, <he financial markets in Asia law unparalleled volatility in both stockmarket and currency valuations.
        479 words
    • Article, Illustration
      Lock icon COEs are falling but the bad news is...
      439 2  -  Repayment costs soar as the upfront cost of buying a car dives Hr/Htrts by Christopher Tan [SINGAPORE] ON THE consumer front, the good news is that it will remain a buyer's market for cars. Going by the spread of Certificate of Entitlement
      ARTHUR LEE  -  439 words
    • Article, Illustration
      Unseasonally slow January for car sales
      484 2 JANUARY'S car track index ended at 62.1, down from 66.2 and 78.6 in the corresponding periods in 1997 and 1996. And since January is traditionally the strongest month, this is a poor start to the year indeed. The following months will remain tough not
      484 words
    • Article
      Looking for a fund with capital guarantee?
      326 2 [SINGAPOREI Who says you can't invest in equities and still have the bulk of your capital guaranteed? Long estab lished in more developed markets like Europe, capital guaranteed products are final ly here and given the turbu lence in Asia, some would say.
      326 words
    • Article, Illustration
      Measuring risk for safer bets
      780 2  -  In these uncertain times, Lincoln Indicators' analysis may be just the thing Shiv Taneja [SINGAPORE) IF there is one thing we can be almost certain of. it is that over the next 12 to 18 months more companies in Asia will go bankrupt, or be
      780 words
    • Article
      Entertainment stocks in the spotlight
      525 2  -  EYE ON THE REGION: THAILAND Investors concerned over a mega merger in cable TV sector, slump in ad revenue f-Yrmi Harish Mehta in Hungkok THAI investors are switching from cable TV stocks to music stocks, blinking out of lossmakers to healthier compa nies. The entertainment
      525 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Europe could help more: SM Lee
      725 3  -  EUROPE-ASIA FORUM BG Lee also warns that prolonged Aram problems conld hinder development of EMU By' Yang Razali Kassim EUROPE has not done enough to help restore confidence in Asia's currencies and financial markets. Senior Minister Lee Kuan Yew said last night. Delivering the
      725 words
    • Article
      China assures region it won't devalue currency
      281 3  -  It will also back HE on efforts to stabilise markets: official By* Conrad Raj CHINA, bearing in mind the region's overall interests in the face of the current financial and economic turmoil, will not devalue its currency and will stand behind Hongkong in
      281 words
    • Article
      Japanese group hails regional efforts
      366 3  -  By\ Louis Beckerling REGIONAL policy responses to the currency crisis have won the qualified approval of a high-powered Japanese business delegation after a factfinding tour of Thailand, Malaysia and Singapore. t Speaking at the end of their tour which began in Thailand on Feb 11,
      366 words
    • Article
      BG Lee sees East Asian recovery in 2 to 4 years
      424 3  -  Indonesia crucial in restoring confidence to the region ////< Conrad Raj IF ALL goes well, recovery for East Asia from its present economic crisis can come in two to four years, with Indonesia being the most crucial factor. Deputy
      424 words
    • Article
      HDB developing Net system
      107 4 THE HDB and Kent Ridge Digital Labs are developing a system called HDB-Easi. When ready in end-1998, you can check your eligibility for a HDB flat by keying in data such as age, citizenship, household income and marital status. And by 2000, you can also process
      107 words
    • Article
      Goldtron unit lays off 40 staff in restructuring move
      339 4 Analysts say 1997 turnover likely to have slowed because of regional turmoil GOLDTRON Telecommunications (GT), a unit of Sesdaqlisted Goldtron Ltd, has laid off about 40 people as part of restructuring. BT understands that the staff were handed the letters yesterday,
      339 words
    • Article
      Bleak outlook for S'pore oil exports
      507 4  -  Jan exports down 24% on severe stamp, keen competition By Ronnie Lim THE outlook for Singapore's oil exports this month and next remains bleak, said industry officials following yesterday's government report of a 2-4 per cent year-on-year drop in domestic oil exports in January
      507 words
    • Article
      More than 80% of SCI members expect lower sales this year: survey
      212 4 MORE than 80 per cent of Singapore Confederation of Industries (SCI) members polled early this month expect lower sales this year due to the regional economic turmoil. Eighty-five per cent of the companies said their domestic sales will
      212 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      50 3 m^u^m Mm W m/ F^ LE TEMPS CHANEL THE MATELASS&E COLLECTION STEEL AND DIAMOND WATCH PATENT LEATHER STRAP DEPLOYANT BUCKLE WATER-RESISTANT TO 30 METERS SAPPHIRE CRYSTAL MADE IN SWITZERLAND EXCLUSIVELY AT CHANEL BOUTIQUES: NGEE ANN CITY, 391 ORCHARD ROAD. SINGAPORE TEL *****20 ISETAN SCOTTS, 350 ORCHARD ROAD. SINGAPORE TEL: *****21
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      395 4 The Straits Times CLASSIFIED Where buyers and sellers meet Find a used furniture at a bargain. CAT A instructed by the Receiver and Manager mandated by the creditor bank to realise The Sh. Sameyeh Pte Ltd Collection which includes Museum Level Examples, the appointed Curator Ad Hoc announces an IMPORTANT
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      Page 4 Advertisements Column 2
      178 4 THE MONETARY AUTHORITY OF SINGAPORE SINGAPORE GOVERNMENT OFFERING OF TAXABLE BOOK-ENTRY BONDS TO THE PUBLIC AMOUNT OFFERED SGD 400 MIO ISSUE CODE N*****0E (REOPENED) ISSUE DATE 5 MARCH 1998 MATURITY DATE 15 NOVEMBER 2004 INTEREST RATE 5.125 PCT PRICE TO BE DETERMINED AT THE AUCTION INTEREST PAYMENT DATES 15 NOVEMBER
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      185 4 CRYPTIC CROSSWORD nosf very IH h formali y (6) I^^" 21 Remarkable new name in carJ2. jrk in it bdck f r >nt 8s 26 Demurest tenant thrown out 6 Presentation of a tot? (10) YESTERDAY'S SOLUTION for litotes (14) 7 Brushing up studies, say (9.6) IhleM i IslplhlelrleMalblultl 8
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  • REGION
    • Article
      Indon food hoarders may get death penalty
      237 5 JAKARTA INDONESIA has threatened food hoarders with the death penalty after the discovery of thousands of tonnes of rice, sugar and soyabeans in store houses in and around the capital Jakarta, Antara news agency said yesterday. Troops were on red alert yesterday in
      237 words
    • Article
      Jiang on the offensive in media landscape
      583 5  -  LETTER FROM BBUniO Bering wants to modernise It without giving up control By Peter Seidlitz China's President Jiang Zemin set aside three hours of his time one afternoon a few weeks ago to meet Gerald Levin, head of Time Warner, the world's largest
      583 words
    • Article
      Thailand slashing land valuation prices
      254 5  -  BANGKOK liy Harish Mehta THAILAND is slashing land valuation prices by 20 to 60 per cent in a bid to stimulate land sales, but the valuation of buildings and condominiums will not be cut. government officials said yesterday. Analysts are deeply disappointed that valuation prices
      254 words
    • Article, Illustration
      Lock icon Down in the dumps
      52 5 I HKI.I I N( > A man shovelling dirt out of a dirt elevator yesterday at a construction site in central lieljing. WUh many state owned enterprises closing, China's growing unemployment rate presents an Increasing threat to the nation s economic and social development, according to
      AFP  -  52 words
    • Article
      Aussie food firms should continue exports: study
      341 5  -  ■SYDNKY Asian food service sector will be first market to recover Hy\ Surinder Singh AUSTRALIAN companies spe cialising in the food service sector will lose out to Asian and European competitors unless they renew their commitments to exports, a new study has found.
      341 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      157 5 This game calls for steady, consistent precise play, with accurate shots that are brilliantly controlled and executed; putts that /"XT 11 IT win championships have their role too. uULEa niya masters Over the years. The Rolex Masters has ImK*''. *19 9 8* always provided all of the above abundantly. Excitement
      157 words
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  • MARKETS IN TURMOIL
    • Article
      Moody's downgrades HK short-term debts, deposits
      499 6  -  Financial Secretary disagrees with conclusions; market ignores ratings From Quak Hiang Whai in Hongkong CREDIT rating agency Moody's Investors Service yesterday downgraded ratings for short-term debts and deposits for Hongkong issuers, citing increased risks due to the region's financial turmoil. The latest ratings, which
      499 words
    • Article
      Lock icon China's long-term credit ratings face downgrade
      331 6 Bloomberg [BEIJING] China's long-term credit ratings may be cut by Moody's Investors Service, which said that China's reluctance to devalue the yuan and risk rattling the Hongkong dollar will slow growth. A cut in China's invest-ment-grade A3 sovereign credit rating would be the first
      Bloomberg  -  331 words
    • Article, Illustration
      Lock icon Goods sold at discounted prices
      80 6 [KADIPATKN, Indonesia Ethnic Chinese shop owners selling xoods at disamntedpritvs on Thursday to [x>or residents in KadifMiten. 2lM)ktn east of Jakarta. The Chinese constitute only about 3 per cent of Indonesia s 2(H) million fteople. hut they control much of the country s commerce and
      REUTERS  -  80 words
    • Article
      Thai recovery slower but surer: SocGen analyst
      705 6  -  Fn/m Harish Mehta in Bangkok THAILAND'S economic recovery will be slower but surer than in Malaysia and the Philippines, as Bangkok's IMF-ad-ministered reforms are tailored to create a more reliable and transparent system, says a regional economic analyst. Neil Saker, head of economic
      705 words
    • Article
      Washington to help US firms in Asia
      465 6  -  US Commerce Secretary announces commercial strategy /<v Walton Morals |SIN(.AIH)KK| US Commerce Secretary William Daley y»>s terday announced a "cummerrial si ratify initiative" to help American companies take advantage ol new ex|N>rt ami investment up|M»rtiinities in South east Asia during the current economic
      465 words
    • Article
      G-7 to discuss increasing supervision of Asian banks
      466 6  -  Group also unhappy with Tokyo's efforts to boost economy hYtim Neil Behrmann in IjnuUm THK Group of Seven (G-7) leading industrial nations will discuss ways to increase supervision, control and regulation of Asian banking systems in a meeting here today, officials say.
      466 words
    • Article
      Lock icon China fears deflation may lead to sluggish economic growth
      325 6 AFP IBElJINli) China voiced fears yesterday that the 1.5 per cent deflation registered in January could herald a drop off in economic activity and push growth down from the 8 per cent target for 1998. "As the price index was still
      AFP  -  325 words
  • Page 6 Advertisements
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  • THE WORLD
    • Article
      Lock icon UK govt's jobs scheme comes up short, says report
      336 7 LONDON Reuters THE Labour government's "New Deal" on jobs, aiming to get hundreds of thousands of unemployed Britons into work, may fall short of its tar gets, said a leading academic. John Grieve Smith of Robinson College, Cambridge, said in a
      Reuters  -  336 words
    • Article
      Lock icon EMU will be on time, says Kohl
      265 7 BONN Reuters GERMAN Chancellor Helmut Kohl said yesterday that European economic and monetary union (EMU) would come on time and Germany will fulfil the criteria required to join the currency club. "Of course the euro will come punctually. And Germa ny will certainly
      Reuters  -  265 words
    • WORLD Watch
      • Article
        Lock icon Taipei offers cheapest shopping: survey
        74 7 Reuters [HONGKONG] Taipei is the cheapest place to shop among 11 major tourist destinations in the world, according to a survey conducted by the Economist Intelligence Unit (EIU) in November and made available yesterday by the Hongkong Tourist Association. The 11 cities in the survey,
        Reuters  -  74 words
      • Article
        Lock icon US spending on IT to hit US$1.4t: study
        88 7 AFP [PALO ALTO, California] Spending on information technology in North America will rise to US$l.4 trillion (552.3 trillion) by 2002, according to an industry forecast, a 12 per cent annual growth rate over 1997 spending levels. Killen and Associates, which tracks worldwide
        AFP  -  88 words
      • Article
        Lock icon US sues firms for not paying oil royalties
        98 7 Reuters [WASHINGTON] The US Justice Department said on Thursday it was suing four major oil companies, charging they did not pay royalties due on oil they produced on federal land. The department said Amoco Oil, Shell Oil, Burlington Resources Inc and Dupont
        Reuters  -  98 words
    • Article, Illustration
      Lock icon UN chief, Iraq's Aziz optimistic about talks
      455 7 BAGHDAD US keeps up pressure while Security Council pushes for doubling of oil quotas Reuters UN chief Kofi Annan and Iraq's Deputy Prime Minister Tareq Aziz said yesterday that they were both optimistic about the chances of averting a military attack on Iraq
      Reuters; AFP  -  455 words
    • Article
      S'pore concerned over Gulf crisis
      210 7 SINGAPORE SINGAPORE is concerned with the situation in the Gulf and is pleased that UN Secre-tary-General Kofi Annan is now visiting Iraq to try and resolve the crisis, the Ministry of Foreign Affairs said in a statement yesterday. "Singapore fully supports the efforts of the
      210 words
    • Article
      Lock icon Bank of England chief hints at rate hike
      174 7 LONDON Renters BANK of England governor Eddie George said yesterday Britain had a "very strong" exchange rate but had to con template the (tossihility of an other rise in interest rates. "We have a very strong ex change rate and that means
      Renters  -  174 words
    • Article
      Lock icon Europe urged to lead in fighting unemployment
      357 7 PARIS Waiting for economic growth no answer: French minister Reuters FRANCE and its European partners n«**l to lead the mar ket, not just follow it, in their battle against mass unemploy ment, French Employment Minister Martine Aubry said on the eve of international
      Reuters  -  357 words
    • Article
      Lock icon Kim Young Sam says sorry, quits politics
      298 7 ■SKOUL AhT HKAf) bowed, outgoing South Korean President Kim Young Sam said farewell to the na tion yesterday, with apologies for leaving the economy in a shambles and saying he was quitting politics. "I deeply regret and am sorry, more than anything else
      AhT  -  298 words
    • Article
      Lock icon Russian Duma throws out 1998 draft budget
      257 7 MOSCOW Reuters RUSSIA'S opposition dominated State Duma lower house of parliament failed to muster enough votes yesterday to pass the 1998 draft budget on its fourth and final reading. Only 187 deputies voted for the draft, well short of the required 226 majority
      Reuters  -  257 words
    • Article
      Lock icon US meat industry says Taiwan deal likely
      197 7 WASHINGTON Reuters US MEAT industry officials said Thursday they are optimistic that an agreement will be reached with Taiwan on agricultural trade issues, which will help clear the way for Taipei's bid to join the World Trade Organisation. "Mv understanding is that things
      Reuters  -  197 words
  • Page 7 Advertisements
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      58 7 DOONESBURY Uy C lorry Trudeau f ftAZL LAST WNOTA BAPW IVEOPW THAT HOUJ NK£ I 1 NIGHT I TOOK IPEA AT J 1 HUNT TOliAVt JUST PtMEM W fg£* I O** 7 SOU ANOTHERLONG\\ OURA&A SVBXYVI**} TO BtX MY OiAMfrPXVRM THINK MfVRXXJ. f ZASTCOMZm f 'JM-.thtz rrsA eizz&x ARB YOUMEARJN6
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  • COMPANIES & MARKETS
    • Article
      SingTel in talks to buy at least 30% of Renong unit: report
      560 8  -  Discussions still ongoing with Time Telecommunications, price not finalised yet Teh Hooi Ling [SINGAPORE] Singapore Telecommunications is in talks to buy at least 30 per cent of Time Telecommunications Bhd, a unit of Renong-con-trolled Time Engineering. Quoting Time
      560 words
    • Article, Illustration
      Lock icon Econ Piling gets $33m Nordic Centre contract
      284 8  -  By< Carol Eng [SINGAPORE] Econ Piling, the flagship company of mainboard listed Econ International. has clinched a $33 million contract for Singapore's Nordic Centre through a joint venture. The contract award for the first phase of the centre was made yesterday to Econ-Lem-minkainen,
      ARTHUR LEE  -  284 words
    • Article
      Auditors step into regional exposure issue
      365 8  -  Firms unhappy with auditors going beyond their usual scope I Siow Li Sen |SIN(*APOKK) Public accountants are working on a statement to lw included in »h»* au ditors' report to draw attention to listed companies' e:.|»osure to the region a move that is causing
      365 words
    • Article
      When openness earns more credit
      867 8  -  HOCK LOCK SIEW Catherine Ong ONE of the best things Depu ty Prime Minister BG Lee Hsien Loong has done since he took charge of reforming Singapore's financial sector is to urge for more transparency among local banks. Although their investor and media relations have
      867 words
    • Article
      Summit shares rally as BSA appeal fails
      273 8 (SINGAPORK) Sesdaq listed compact disc maker SM Summit yesterday hit the top 10 active list as its shares jumped 23 per cent after the court dismissed a second appeal against it by US software piracy watchdog Business Software Alliance. Punters pushed the stock
      273 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Hong Leong Asia expected to launch public offer on Tuesday
        423 9  -  Company likely to offer fewer than 200 m new shares at 80 cents each By Ang Wan May [SINGAPORE] Hong Leong Asia (HLA) is expected to go public next Tuesday. Included in the listing vehicle will be the Hong Leong
        423 words
      • Article
        Lock icon Computer Sciences rejects US$9.8b takeover offer
        345 9 Reuters [NEW YORK] Computer Sciences Corp on Thursday rejected a US$9.B billion (5516.05 billion) takeover offer from Computer Associates Interna tional Inc and suggested the big maker of business software drop its bid and "move on". "We are always prepared to give serious consideration
        Reuters  -  345 words
      • Article
        Lock icon Kyocera lowers profit forecast to 50b yen
        222 9 Bloomberg [KYOTO] Kyocera Corp, the world's largest maker of packaging to protect computer chips, will post group net profit for the year through March of "about 50 billion yen" (***** million), said company spokesman Wataru Gotoh. While that would be a 10 per
        Bloomberg  -  222 words
      • COMPANY Briefs
        • Article
          Mayfran net up; says conditions difficult
          87 9 [SINGAPORE] Sesdaq-listed bed-linen maker Mayfran International yesterday reported group net profit of $694,000 for the half-year ended Dec 31. Its latest interim profit was up 57 per cent on the previous corresponding period. Turnover also surged, jumping 61 per cent to $14.17 million. Increased
          87 words
        • Article
          Lock icon Multi-Purpose Holdings bond ratings cut
          125 9 AFP [KUALA LUMPUR] Malaysian credit assessor Rating Agency Malaysia yesterday downgraded the rating on a bond issue by Multi-Purpose Holdings Bhd from A-2 to A-3. "The company's weaker financial flexibility (follows) the decline in the value of its unencumbered listed shares," a statement from the
          AFP  -  125 words
      • Article, Illustration
        Lock icon Making a din over Schiphol's noise
        78 9 [AMSTERDAM] Some of the 13 anti-noise protesters of Milieu Defence, the Dutch arm of Friends of the Earth, sitting on a KLM Royal Dutch airliner at Schiphol Airport in Amsterdam on Thursday. The airplane bound for Atlanta was stranded because of the protest. The
        REUTERS  -  78 words
      • Article
        Sats plans $300m freight terminal at Changi
        203 9 [SINGAPORE] Singapore Airport Terminal Services (Sats). wholly-owned by Singapore Airlines, is planning to build a $300 million airfreight terminal at Changi Airport to boost its cargo handling capacity. Sats said it is developing Airfreight Terminal 6 (APT 6) to meet projected demand for
        203 words
      • Article
        Lock icon Gillette plans stock split rise in dividend
        239 9 Bloomberg [BOSTONI Gillette Co said it plans to split its stock 2 for 1 and boost its dividend 19 per cent, sending the shares of the company to a record high The Boston-based maker of razors and other grooming products said it plans
        Bloomberg  -  239 words
      • Article
        Lock icon New World to invest HK$2b if it wins bus bid
        301 9 Money will be used to bay 600 buses to ply 88 routes Reuters (HONGKONG) New World De velopment Co Ltd said on Thursday that it will invest HK$2 billion (***** million) in Hongkong's public bus services if it wins the
        Reuters  -  301 words
      • Article
        Boeing expects to deliver more planes to Asia
        413 9  -  It says there's been no cancellation of orders so far fty Felix Chan [SINGAPORE] Aircraft maker Boeing is flying high despite the turbulence in the regional economies. It expects to make more aircraft deliveries to Asia this year than last year. "In
        413 words
      • Article
        Lock icon Rank's 2nd half net up on revamp, holiday sales
        489 9 It shed peripheral activities to focus on leisure businesses Bloomberg |l,ONI)()N| Kank Group pic said second half net income rose 10percent lieforecharges as the IJK leisure company benefited from a reorganisation and rising revenue in the traditional holiday and leisun? season.
        Bloomberg  -  489 words
      • Article
        Lock icon US firm Adaptec to buy Hyundai unit for US$775m
        308 9 Deal closure expected in 90 days, pending US regulatory nod Reuters |SAN FRANCISCO| Computer component maker Adaptec Inc said on Thursday it had agreed' to acquire another component maker, Symbios Inc, from Hyundai Electronics of America in a deal worth US$775
        Reuters  -  308 words
      • Article
        Lock icon WorldCom Q4 profit up 19% to US$143m
        219 9 Reuters [NEW YORK] World Com Inc. which has agreed to buy MCI Communications Corp for US$37 billion (5560.6 billion) in the biggest takeover ever, said on Thursday that earnings rose 19 per cent in the fourth quarter, in line with Wall Street forecasts.
        Reuters  -  219 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Citibank suspends moves to take over Thai bank
        483 10 This ends what was to be first takeover of a Thai bank by a foreign institution AFP [BANGKOK] US banking giant Citibank NA has suspended groundbreaking moves to take over a crippled Thai institution after the central bank ordered a major shake-up
        AFP  -  483 words
      • Article, Illustration
        Lock icon US$ held captive in a range
        402 10 USS/urk: Trading activity on the unit lacked drive for the first four days of this week, confining it to between 1.8125 and 1.8294. Strong resistance is seen at 1.8340 which is the value of the trendline joining the highs on Aug 6, 1997, and
        Source: DBS Bank  -  402 words
      • Article
        Lock icon Multi-Purpose Hldgs bond downgraded
        121 10 AFX-Asia [KUALA LUMPUR] The rating for Multi-Purpose Holdings Bhd's 250.34 million Malaysian ringgit (*****.4 million) five-year redeemable non-con-vertible bank guaranteed bond has been downgraded to A3 from A 2 by Rating Agency Malaysia Bhd (RAM). RAM said the downgrade was based on the company's weaker financial
        AFX-Asia  -  121 words
      • Article
        Lock icon Banc One restructures capital markets group
        258 10 Bloomberg [COLUMBUS. Ohio] Banc One Corp is restructuring its capital markets group as it looks to coordinate existing products and expand into new areas. The eighth-largest bank in the United States is pairing its loan syndication and rate risk management with several products from
        Bloomberg  -  258 words
      • Article
        Allianz acquires 25% stake in Brunei insurance firm
        326 10  -  German group's move in line with its Asian expansion plans By Soh Tiang Keng [SINGAPOREJ Germany's largest insurer, the Allianz group, has acquired a 25 per cent interest in Brunei's National Insurance Company (NIC). A joint statement by the two companies said
        326 words
      • Article
        Lock icon Euroyen, JGB down after LDP plan
        190 10 STMTfIg Report Reuters |SINGAIH)RK| Simcx Kuroyen and Japanese government bond (JGB) futures were weaker yesterday following the release of Japan's ruling Liberal Democratic Party (LDP) economic stimulus package. JGBs were initially cheered by news that the pack age did not include any new fiscal
        Reuters  -  190 words
      • Article
        Futures slip in line with Dow's fall
        175 10  -  MSCI TAIWAN FUTURES Charlie Kuo day. Charlie Kuo, Service Dealer, Refco S'pore Pte Ltd (SINGAP()KK| The Simex MSCI Taiwan Stock Index fu tures contract closed lower yesterday, In line with the overnight fall In the Dow Jon<>s. The cash market, how ever, closed
        175 words
      • Article
        Lock icon Oil nudges up as Annan flies to Iraq
        282 10 ENERGY REPORT Reuters |lA)NIX)N| World oil markets edged tentatively higher yes tcrday but were quiet as trad ers watched from the sidelines a last ditch effort by the United Nations to avert a US military strike on Iraq. UN Secretary General Kofi
        Reuters  -  282 words
      • Article
        Lock icon CURRENCY REPORT
        258 10 AFP. Reuters London THE US dollar stuck to an uptrend against the yen, breaking up through the 127 level following announcement of a Japanese economic stimulation plan the market considered disappointing. The plan presented yesterday by the Japanese government does not include any measures to boost domestic demand,
        AFP.; Reuters  -  258 words
      • Article, Illustration
        Untitled
        1128 10 BTBUOlCKOMliWi Feb 20 c$ —b wt m m m mmmqmi f mm i obmom n» M obm m m 9*n— m mo* om» ono 03a 4jo lar 52* aucojw oos? ojm a« hteftJMPa* um mr ojm ajwlbw mc 0M5 Cm* 139 53* 0345 4203 1270 5-4* 27JM CUD* UH U53
        1,128 words
    • Article
      COMMODITY PRICES
      1776 11 81C0M FUTURES Feb 20 RUBBER (futures closing as it 5.30pm) RSS1 CONTRACTUS cwttsAg) Clost VetWM Opon Mo«tB MfqAi Low fctt (tomiw) Intfst Mar 96 128.50 128.50 128.50 50 220 Apr 98 132.00 3525 May 98 135.00 3375 Jw 98 137.00 3225 Jttl/Sop 98 145.00 4875 Oct/Dec 98 152.25
      1,776 words
    • Article
      WORLD STOCK MARKETS
      2382 11 LONDON Mntrtts W it Hki 31 Groi# 5TI 2 AB Ports 3X 5 APOey 1301 *71/2 Afced Domecq $44 -5 Amec 137 3 AkJ4 Crov« 202 2 BAT ind 584 400 i«fi BC Pit 322-200 BOO BKC 135 1 BOC Grove 937 7 BO Petroleum 827-400 21.400
      2,382 words
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      Lock icon TOKYO
      1673 11 AFP P Nikkei 225 +139.76 SHARE prices ended higher yesterday, rising in the final hour of trading as investors closed out their positions seeing no surprises in an economic package by the ruling party. The 225-share Nikkei Average rose 139.76 points to end at 16.756.24. The broader Topix Index
      AFP  -  1,673 words
    • Article, Illustration
      Lock icon HONGKONG
      1790 12 AFP Q Hang Seng +1&52 HONGKONG share prices rose yesterday, despite an announcement by Moody's Investors Service that it was downgrading the territory's credit rating, dealers said. "There is no other reason except short-covering, after earlier profit-taking as investors expect good profit results from banks next week," said a
      AFP  -  1,790 words
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      Lock icon CHINA
      734 12 Reuters n Shenzhen B Index -0.02 THE Shenzhen B share market closed lower yesterday in slow trade due to selling of stocks likely to post poor 1997 results. The B Index lost 0.02 point to 94.20 as turnover shrank to HK$l3 million from Thursday's HKS2I million. "Most of today's
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  734 words
    • Article
      Lock icon TAIPEI
      445 12 AFP P| WP Index *58.97 STOCKS rose 0.7 per cent yesterday to their highest level so far this year, riding a wave of bullish sentiment, brokers said. "Sentiment has remained strong." said a trader. "Investors have let down their guard following a rising streak this week." The TSE Weighted
      AFP  -  445 words
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      Lock icon JAKARTA
      778 12 AFP QOompoote Index -LO2 SHARES closed lower yesterday on technical correction and news of riots close to Jakarta as well as ongoing concern over plans to peg the rupiah to the US dollar. "It looks like Hanke is falling out of favour with (President) Suharto," a dealer said, referring
      AFP  -  778 words
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      Lock icon BANGKOK
      999 12 AFP Q SET Index +1L42 STOCKS ended 2.2 per cent firmer yesterday as foreign players moved back into the market despite the regional financial turmoil and fears of a Gulf conflict, dealers said. But while investors snapped up selective issues across the board, analysts said sentiment was cautious on
      AFP  -  999 words
    • Article
      Lock icon MANILA
      354 12 AFP CI Manila -039 STOCKS fell yesterday as investors remained cautious, expecting a major move soon. Investors are waiting for the market to move up or down, brokers said. The PSE Composite Index fell 0.39 point to 2,135.91. Turnover was 1.6 billion shares worth 1.4 billion pesos. The Philippine
      AFP  -  354 words
    • Article
      Lock icon SEOUL
      490 12 AFP n Composite Index +8.68 SHARK prices closed up yesterday. but late profit-taking ate into early gains made on the back of foreign buying interest in blue chips. Dealers said the market saw resistance at the 530-point level. Moody's downgrade on Hongkong and China spurred profit-taking on concerns there
      AFP  -  490 words
    • Article
      Lock icon SYDNEY
      690 12 AFP Q All Ordinaries -13.7 SHARE prices slipped yesterday. with uncertainty over Iraq and a fall in New York turning investors cautious. "The impending war was perhaps the main reason for the fall in the market today." said a broker, referring to an expected US strike on Iraq over
      AFP  -  690 words
    • Article
      Lock icon WELLINGTON
      266 12 Reuters P Wellington -10-97 SHARE prices ended lower yesterday, with most of the leaders down and the market having mixed feelings about Telecom's third-quarter result, brokers said. The NZSE-40 Capital Index was off 10.97 points at 2,282.63 on turnover worth NZ$6B.4 million. Reuters Frt 20 US (0001 ANZSanMn* 10.85
      Reuters  -  266 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        9144 13 INDUSTRIALS 1998 Last Vol Day Nat Cap Hign Law Company Sal* OOP High Law PfZ $mll 310 180 Ajinomolo 270 -10 I 270 270 15.0 109 4 148 73 Angkasa 121 -2 65 125 120 2.8 178.4 290 123 Apoilo Food Hlg 226 -17 16 240 220 6.6 90 4
        9,144 words
      • Article, Illustration
        Lock icon Shares up marginally in volatile trade
        543 13 AFX-Asia PI Composite Index +456 SHARE prices closed slightly higher in volatile trade yesterday with the broader market taking a breather after the recent rally. Dealers said last-minute support of blue chips reversed falls posted earlier on profit taking. The KLSE Composite Index rose
        AFX-Asia  -  543 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3860 14 BONOS, LOANS WARRANTS m 1997/96 Lut VI Day U«t Ouota Av, High Law Stno Company Safe ♦or- COOO) High Low •uyor Sollor Prtco 68 9 m Tooo m AMOB C5 5******6 15 14 17.5 81 8 3160 -Acor ******1USS 16 -1 52 17 16 18 131 8.5 3164 Acma W*****4
        3,860 words
      • Article
        Kulim wrt good only for quick punt
        185 14  -  WARRANT WATCH By R Sivanithy ONE of the better performers in Slnga pore's Clob International and on the Kuala Lumpur Stock Exchange has been Kulim Hhd, a Malaysian company which also has warrants in issue. A review of the numbers is therefore called
        185 words
    • Article
      CLOB INTERNATIONAL
      2505 14 Transaction Date :Feb 20 MALAYSIAN STOCKS Cr Gr 1997/96 lm* v« art lm 0m« Mr Hi n KH M Cap Mign lm Mm Cmnpany M 000) lot Bvy«r C tt »/l $ma 478 28 ms 500C 58 50c 108 1260 TO 105 W7 K» V0 U 10 43
      2,505 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1745 15 TURNOVER COOO) VALUE COOO) Main Ctok Tatal mm Clat Tat* Industrial 103.345 101.398 204,743 165,353 78.620 243.972 Financa 11.342 64.931 76.273 91.810 67.843 159.654 Hotatt 2,123 2.656 4,779 3.266 1.326 4,392 Proparttas 9,384 32.312 41,696 21,316 14.902 36 218 Plantation 8,444 8.444 8.376 8.376 Minmq 1.441 1.441 1.174 1.174 BLW
        1,745 words
      • Article
        MAIN BOARD
        5569 15 Transaction Date: Feb 20 Of Or M wt 1997/98 Lait Vol Day Lait Ouote Olv OW VW Net Cm Am Hlg« Law StNo Company Sal* COOOl High Low Buyer Seller H C'VT P/E J mil Prtca INDUSTRIALS 157 18.5 1020 ACE 0ynam1cs60c 39 *1 87 39 34.5 35
        5,569 words
      • Article
        SESDAQ
        1132 15 M jr 7 r_ b*** Y?L D#v L««« Ouato D* 04y VM N.I Cap Arf Htfh Low SIN« Company Sal* COOO) Loo Buy or Sonar H C"»r P/l $m« Prtco SCSOAQ IB* 78 0 2000 ABB MUjgi V 105 103 106 3 0 6 0 01 1)0 0 4*
        1,132 words
      • Article
        Untitled
        211 16 Stocks Volum* tdsyknrt HKIOc 27,146.000 *M Resources 23,820,000 •Pub Bk Foreign 21,804,000 'Uniptioerax 17,951,000 •Renong Bhd 50c 16,990,000 •MBf Capital 12,492,000 •Rekapacifk Bh 11,890,000 SM Summit Kk 10,092,000 •Multi-Purpose 9,657,000 Asia FoodSProp 7,945,000 Stocks DBS Foreign 28,375.690 UOB Foreign 28,105,997 SPH Foreign 27,172,375 111 Resources 26.716.750 •Uniphoenu 25.541,750 OCBC Foreign
        211 words
      • Article, Illustration
        HOT STOCK
        55 16  -  by Shiv Taneja SM SUMMIT closed 10.5 cents higher yesterday at 56 cents on a volume of 10.1 million units, compared with its 10-day traded average of 2.18 million shares. Based on the daily RSI and stochastics, there is more upside in the near term. This is supported
        55 words
      • Article, Illustration
        Disappointing trade figures for January halt rally
        654 16  -  STOCK MARKET COMMENT ART Also of concern is a 1.9% fall in electronics exports bat the electronics index manages to recover to close with a net 1.24-point gain at 124.66 Hi/ R Sivanithy [SINGAPORE) A disappointing set of trade figures released yesterday dimmed
        654 words
      • ON THE GRAPEVINE
        • Article
          Low risk, high return
          143 16 VALUE PARTNERS LTD, a fund manager in Hongkong which specialises in small-cap stocks, has been named "Fund Manager of the Year 1997" by the South China Morning l*ost In association with Standard Poor's Mlcropal. The firm, started by former Journalist Cheah Cheng Hye and his partner,
          143 words
        • Article
          Always something new out of Africa
          42 16 A REPORT from Khartoum yesterday said that former rebel factions who signed a peace agreement with the Sudan government had been ordered to hand over their arms to prevent disturbances. Could it be the legs next?
          42 words
        • Article
          New owners?
          94 16 WE HAVEN'T seen this for ourselves, but according to someone who has (and sent us an e-mail) the signage for the two new Templeton Asset Management funds at the Battery Road branch of Standard Chartered Bank Is so big that "I swear, you can even see it from
          94 words
        • Article
          Dogs of the year
          256 16 THERE are the Raspberry Awards, the Turkey Awards and the Worst Dressed Awards. Then there is Asiamoney magazine's awards for the worst corporate deals. The latest issue of the magazine lists the USI9O million (Ssl47 million) Euro-convertible bond issue by Taiwan's Yieh Phul Enterprises as the
          256 words
        • Article
          Plane crazy
          101 16 AIRCRAFT enthusiasts who simply cannot wait for the aerial display segment of Asian Aerospace'9B to kick off on Tuesday should take note of the'following We hear that the first full-dress rehearsal for the airshow's aerial display is scheduled to take place between 10.30 am and 11.30 am on
          101 words
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      245 8 M Check out the incredible XVP-500 Xirlink Video Phone Kit! Xirlink /fT#|Ct YOUR MULTIMEDIA LINK S J&SSg? makes Video Conferencing from J your PC so easy and affordoblel technology and the latest Universal m \«LL Serial Bus technology to provide higher resolution, sharper colour, m ond faster videos thon ever
      245 words
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      32 10 (ill HI Sunday 1 MOW jJ«£Ei a un<^a 5 r Classified WlfllAi special on antiques, AK I V collectors' km n I items, and i 9 AmAULF arts crafts I****! ku. *J£
      32 words
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  • Page 12 Advertisements
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      43 12 Wow! A buyer I love this car I the very I I that I found C\ next day. I through j v V e Straits Times J Buying or selling through The Straits Times Classified is child's Play. Call CAT.S. at 1800-737-1166. I
      43 words
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      64 14 Hello? I'm calling about\ mso a PPy I your advertisement in f great...just like f ound my pet through 1 The Straits Times Classified... I I the ad J 1 e tra ts Times Classified. I you still have the puppy... J described, l ta^e rea 111 berighto Buy|ns or
      64 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      579 16 BUSINESS yfjtfCCS To advertise call toll-free 1800-741 IXB3 IN THE MATTER OF THE COMPANIES ACT. CAP.SC AND IN THE MATTER Of JIA HENC EQUIPMENT TRADING PTE LTD <ln Liquidation» Notice in herebv given thai the creditor* of tne abovenamed companyare required on or before 26TH MARCH 1998 to send in
      579 words
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      Page 16 Advertisements Column 2
      41 16 Can't Keep your house in order? If you are having problems with clogged pipes, over-grown gardens, pest infestations, poor TV reception, worn-out fittings and furnishings Get a quick fix. Seek help from the Classified, Home Needs Classifications 90 to 120. CATS.
      41 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Downsizing the designer market
      1322 17  -  This is the lean and mean season for top fashion retailers as they cut off their less lucrative lines, fold up unprofitable stores, and pin their hopes on a few strong brands, jadib ee reports on the shape of things to come JAIME EE HBj HATis
      1,322 words
    • STRAWS In The Wind
      • Article
        Last man on board
        62 17 DOES anyone out there not know what happened to the Titanic? Two women, queueing up for tickets to see the movie Titanic, whiled away the time talking about how good the sinking scene was reputed to be. That annoyed a man in the queue who turned
        62 words
      • Article
        Cruise to nowhere?
        32 17 A CRUISE operator in Hongkong tried a new twist in advertising its cruises. Said the ad: "Experience a Titanic-type romance on Valentine's Day." Only for dare-devil couples, we imagine.
        32 words
      • Article
        Mass romance
        42 17 LOVE, it seems, can be cheap if you don't mind sharing it with others. A Chinese restaurant here, keen to jump on the Valentine's Day bandwagon, came out with a special Valentine's dinner promotion: $338 for a table of 10.
        42 words
      • Article
        Dying to escape
        76 17 FOR people in countries which still have the jury system, it can be an arduous national duty. One Sydney journalist recently received a "notice to enrol for jury duty". It informed the recipient that it was compulsory to fill in the form and return it to the
        76 words
    • LEISURE
      • Article, Illustration
        Lock icon A fascination with the sidewalks of life
        1176 18  -  Photographer Henri Cartier-Bresson is 90 this year, richard KcCLUBE discusses his career RICHARD McCLURE FT POR a man generally revered as our greatest living photographer, there are few people more willing to disparage the profession than Henri Cartier-Bresson. Visitors to the apartment he
        FT  -  1,176 words
      • Article
        Lock icon Powerful testament of a Holocaust survivor
        813 18  -  BOOKS Reviewed by. A C Grayling FT Literature For Life By Jorge Lemprun Viking, 310 pages A DAY is coming when there will be no one left who remembers the smell of the death camps of Nazi Europe. The smell is of the crematoria
        FT  -  813 words
    • CINEMA
      • Article, Illustration
        A wilderness adventure and a weepie
        1010 19  -  REVIEWS The stellar casts in The Edge and A Thousand Acres are hampered by mediocre screenplays and fiul to create their nsual finely-drawn, layered characters By\ Susan Tsang The Edge and A Thousand Acres are two films backed by great writing and boasting luminous
        1,010 words
    • PURSUITS
      • Article, Illustration
        Lock icon Collectible carpets
        1133 20  -  Chinese, Tibetan and Mongolian pieces are worth considering at current prices, says bemmdmroe BENf MUNROE DEALERS in the fine art and antiques business are understandably among the most concerned about the present economic uncertainty as perceived luxuries, such as those in which they deal, are the first casualties
        PHOTOS BY CHRIS LOH  -  1,133 words
      • Article, Illustration
        Fountain pens? Don't write them off yet
        397 20  -  PENS Quality writing instruments are still coveted in today's computer age Tan Su Yen TIIK VKRY mention of fountain pens may bring back childhood memories of smudged exercise hooks and ink stained fingers. Hut now that typing on the computer keyboard has all
        397 words
      • Article, Illustration
        Well-suited for spring
        294 20  -  FASHION Adding glamour to his year's Investment Fund awards are the Dnnhill and Chloe collections By' Tan Su Ten WOMEN in austere Chloe suits will combine with images of English country gardens to give the 1997 Investment Fund awards a glamorous high. The awards, now into its
        294 words
      • Article
        Investment Fund Awards
        124 20 THE Investment Fund Awards is an annual event honouring the best performing funds and the people who manage them. Organised by The Business Times and Standard Chartered Bank, the event on March 6.1998. will see the fund management industry raising money for charity via an auction that
        124 words
    • EPICURE
      • Article, Illustration
        Lock icon Opulence in gold and black
        738 21  -  Unsettled by the Orchard Road lunchtime crowd? Slip into the cavernous, dimly-lit Cafe Modesto's in Orchard Parade Hotel and get yourself some pizza and some peace, says jaxkb be JAIME EE JUST when you thought the marketplace couldn't support yet another Italian restaurant, along comes
        CHRIS LOH  -  738 words
      • Article, Illustration
        Lock icon Sweet, fresh and gone in four bites
        725 21  -  RESTAURANT The Wharf at Pasir Panjang Village is very proud of its Maine lobsters, and justifiably so. But size can be a problem By Michelle Low HAVE the lobster. It's very fresh. We fly them in from Maine, live. It's so fresh, you
        PHOTOS BY CHRIS LOH  -  725 words
      • Article
        Jean-Marie Guffens' remarkable Verget
        819 21  -  WINE CONNOISSEUR The young Belgian says he turned to wine-making because he failed at everything else. Thank goodness for that! N K Yong WHEN you meet Jean-Marie GufTens for the first time you are either taken up by his refreshing outspokenness and candour or you are
        819 words
    • ENTERTAINMENT
      • Article, Illustration
        Lock icon The place for some serious fun
        483 22  -  NIGHTSPOT Bright, bold and breezy that's The Pink Flamingo, a laid-back beachfront bar that draws its visual inspiration from Miami By. A Surendren IT'S RARE to find a beachfront bar in Singapore and The Pink Flamingo at Sentosa has made the most of the
        RICHARD CHNG  -  483 words
      • Article, Illustration
        WHAT'S ON
        387 22  -  Compiled by M Yasotha MUSIC SSO: Barbara Hendricks In Concert Soprano Barbara Hendricks will perform two arias from Mozart's The Marriage of Figaro Porgi amor and Dove sono and Strauss' Four Last Songs. Shui conducts the Singapore Symphony Orchestra. Feb 27 28, 8.15pm at Victoria Concert Hall. Tickets:
        387 words
    • Article, Illustration
      CINEMA
      755 23 The Borrowers. Family comedy about the little people who steal odd socks and hide your keys. Starring John Goodman. Previewing at Lido, Republic, Capitol, Oriental, Choa Chu Kang, Jurong, Hougang, Changi, Century, Yishun, Bishan, Tiong Bahru, Boon Lay, Tampines, GVMarina, Mandarin, Jubilee, Toa Payoh, Whitesands. The Edge. Gritty outdoors
      755 words
    • Article
      ENQUIRIES AND BOOKINGS
      122 23 Cathay Ors Cathay 338-3400 Eastshore 346-1816 Orchard 235-8386 Picturehouse 338-3400 Yangtze 223-7529 B^Vak Empress 777-5867 Jubilee 454-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 585-1782 (MdMTIIIMi Bedok 443-2405 Bishan 353-8885 Boon Lay 792-2788 Broadway 454-9394 Majestic 533-9032 Marina 337-9488 Pavilion 786-5788 TampineB 8 786-5788 j< Tiong Bahru 274-6QBB Yishun
      122 words
    • TRAVEL
      • Article, Illustration
        Lock icon Panorama of surprises
        1013 24  -  A city dwarfed by a single mountain, baboons that come hurtling through car windows in search of food mark graham learns to expect the unexpected when driving around Cape Town, South Africa MARK GRAHAM The beauty of the sheer cliffs, with their swirling carpet of white foam,
        PHOTOS BY MARK GRAHNAM FOR BT  -  1,013 words
      • Article
        Fly your way around the world for less
        596 24  -  AIRFARES A quick look at some of the best deals in town "y Jaime Ee FLY to the American west coast for as little as $799. Fly to Perth for $380, or to Sydney for $500, even if you missed the recent
        596 words
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      131 19 youji company on the stock exchange? ThaSjood news to 1.2 million readers! PV4| I scidte.; yr r JV7th for 4|V' B Compawy listings are significant milestones and it is to the &15r I advantage to build up awareness of its 7 I identiljffsoodwill and reputation before its Initial Public Offering.
      131 words
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      Page 22 Advertisements Column 1
      714 22 Where to wine, dine and entertain... "■*(«>&&■ ■■■mi Vkat hrttrr wto aLLiitf a £tu! >Nt tlun Brunch it FT* I Cair-in-Tl*-Part' Finiuw tlx (meat Imintk and Kmct at only $28* I prr adult (only $14" (or the <rxi*; Tlien tuarf vtair fortune with I C*old -elrt eacii £Um wrth mi
      714 words
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      Page 22 Advertisements Column 2
      194 22 I 2k\ i 2 I i ENJOY 25% SAVINGS I ON YOUR 2ND DRINK ONWARDS j j AT THE MEZZANINE j CAFE BAR THIS MONTH Join us in our 25tb Anniversary Celebrations j j S Tiger MO j B3 Hamiarut 333 OkM Road. Stnppoit *****7 Td: 831 6286 12 Feb
      194 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2174 23 TODAY'S TV ri milium 19 4.00 TV Innovations RECOMMENDED VIEWING fl.oo See Sunday's Schedules. 9.00 AM TVSN Pamper Primirml Chow Yun Fat and Leslie I° u lf M Jit*#!* Cheune Thrpp pxnprt art J u You n f 9.00 AM TV Innovations. neun 8- 1 nree expen an Cooking. 2.00
      2,174 words
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