The Business Times, 29 May 1993
1993-05-29
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The Business Times
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Title Section15 1993-05-29 1 SINGAPORE Business Times MITA (P) 552/12/92 Weekend Edition, May 29-30 1993 WE KNOW ASIA 75*15 words
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555 1993-05-29 1 A J Leow - By A J Leow SINGAPORE The government will not take any immediate drastic steps to defuse the current surge in residential property prices, the Minister for National Development Lim Hng Kiang said in parliament yesterday. Mr Lim also reminded genuine home buyers555 words
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239 1993-05-29 1 Dexter Lee - By Dexter Lee SINGAPORE Singapore Airlines, which shocked its employees two weeks ago by setting aside funds that would pay only half-a-month's bonus, has decided to pay three times that amount. Yesterday, the national carrier said it would pay employees a239 words
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517 1993-05-29 1 Amy Balan - By Amy Balan SINGAPORE The Stock Exchange of Singapore has made it easier for investors to trade initial public offering (IPO) shares. Investors will now be able to trade these shares on the next market day after an issue is balloted,517 words
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Article140 1993-05-29 1 SINGAPORE Fresh American funds flooded the Singapore stock market yesterday in search of blue chips, driving the Straits Times Industrials Index past the psychological resistance level of 1.900. The 30-share STII jumped 19.43 points or more than one per cent to 1,905.34 in heavy trading, leaving140 words
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513 1993-05-29 1 AP WASHINGTON The US House of Representatives handed President Bill Clinton the biggest win of his young presidency, narrowly passing a tax-laden, US$337 billion (***** billion) deficit-cutting Bill that is the heart of his economic programme. The vote was 219-213,AP - 513 words
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Article, Illustration320 1993-05-29 1 Helen Chang - By Helen Chang SINGAPORE Indonesia has widened the scope of investments on Bintan and Karimun islands eligible for tax incentives in a bid to maintain the area's competitiveness, said Indonesian Minister for Industry Tunky Ariwibowo yesterday. The incentives allow tax exemptions in320 words
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2am LATEST
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76 1993-05-29 1 WASHINGTON Lawmakers and immigration officials agreed yesterday that the US must tigjiten its liberal policy toward political asylum seekers or face violence against immigrants like that in Germany. "Our immigration laws and procedures arc being overwhelmed by applicants for asylum, many of76 words
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Article47 1993-05-29 1 Reuter PANAMA CITY The Panamanian government said yesterday it expected to join the General Agreement on Tariffs and Trade (Gatt) within 10 months. "Our lack of membership is holding back our commerce a lot," Trade and Industry Minister Roberto Alfaro said. RcutcrReuter - 47 words
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Article61 1993-05-29 1 Reuter PHILADELPHIA White House Press Secretary Dee Dee Myers downplayed the idea of a special meeting of the Group of Seven industrial nations to address the dollar's slide in value against the Japanese yen. Asked about currency market speculation of such a meeting, sheReuter - 61 words
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Article, Illustration111 1993-05-29 1 Stock market indices FrMa) Change STII 1.905.34 +19.43 KLSE Composite 735.25 -0.82 Nikkei 20.843.69 -8.94 Hang Seng 7.397.91 -49.33 SEI Index 836.03 +8.12 Jakarta Composite ...337.37 +3 45 CLSA China B 1.147.93 -12.23 AustAIIOrd 1.760 4 11.3 FTSE 100 2.M0.7 -14 6 FrMav Previous llain dose Dow Jones111 words
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Page 1 Advertisements
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Advertisement126 1993-05-29 1 fc #fl 4 iifir More Japanese firms hit CORPORATE Japan was rocked by more bad news yesterday as companies continued to report poor results. Leading the list was NEC, the world's second-biggest semiconductor maker. It suffered a record pre-tax loss of 37.7 billion yen (***** million) for the year to126 words
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Advertisement30 1993-05-29 1 Lifestyle Cover Story Tibet: Winds of change el 1 More Parliament Reports, Page 2 Bill to tighten up on pawnbroking business Labour Foundation unlikely to take stake in Suzhou township30 words
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Advertisement10 1993-05-29 1 Fund managers' choice Still betting on Asian equities EL 410 words
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Advertisement183 1993-05-29 1 Travel notes Designer Jogs in China El 6,7 Hock Lock Siew gj 2 9 MAY 993 pj Sembawang: Factwfaehind the ntmotirtms When China rejoins Gatt will depend on polities. Back Page 1 CONTENTS Hnn S pore News 2 S por*Ww 5.6 Re&onalNwß J francial 7 World Mews 4 Futm Opinions183 words
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SINGAPORE NEWS
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SINGAPORE ROUNDUP
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72 1993-05-29 2 FRANCE would like to tie up with Singapore to jointly develop a township in the Chinese city of Suzhou, a French Minister said yesterday. The Minister for Industry, Postal Services, Telecommunications and Foreign Trade, Gerard Longuet, said France was keen to shoulder some of72 words
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71 1993-05-29 2 SINGAPORE Electronics manufacturer Motorola has spent $1.6 million on ozone-friendly air-conditioners at its Ang Mo Kio plant. And a further $1.2 million will be spent phasing out present split units and refrigerators. Motorola's Singapore manager and director for Far East operations, JcfT Dryjanski, said the company's71 words
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80 1993-05-29 2 SINGAPORE THE Automobile Association of Singapore has urged the government to replace the scaled transfer fee for secondhand cars with a flat fee of $100. AAS president Ng Ser Miang told the association's annual general meeting yesterday that the proposal was part of80 words
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85 1993-05-29 2 THE HEALTH MINISTRY says anyone found practising cosmetic surgery such as nose reshaping, eyelid surgery, injections of silicone, bone powder, live cells and herbal vitamins without a recognised medical qualification will be prosecuted under the Medical Registration Act. And anyone advertising such services will be85 words
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Article70 1993-05-29 2 SINGAPORE is ready to help Myanmar open up its economy and return to normalcy and eventually evolve into a representative constitutional government like those of Indonesia and Thailand, according to a statement yesterday by the Ministry of Foreign Affairs. The statement was issued at the70 words
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Article66 1993-05-29 2 IN THE REPORT titled "Takashimaya does its homework" in BT yesterday, it was reported that Takashimaya expects to reap $630 million in sales annually. The figure actually refers to annual sales for Ngee Ann City as a whole. For Takashimaya, the amount should be $300 million. Also,66 words
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Article, Illustration627 1993-05-29 2 Anna Teo - NWC 1993 guidelines Reports by Anna Teo IN VIEW of good growth prospects, the National Wages Council says the total wage rise this year can reflect the expected improved economic and business performance. But the built-in wage increase should lag productivity627 words
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397 1993-05-29 2 SHOULD bonuses be capped, and how often should they be paid? How exactly should increments be tied to productivity? These and other thorny wage issues will come under the scrutiny of a committee formed to review flexible wage systems. The National397 words
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270 1993-05-29 2 SINGAPORE Turnover for the new Isetan flagship store is expected to hit $131 million for the first year of operations, said Isetan director Lim Tien Chun at a press conference yesterday. On a per square foot basis, turnover at the270 words
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Article, Illustration323 1993-05-29 2 SINGAPORE The US Ambassador will move into a plush new residence at 14 Leedon Park when building work is completed in about a year's time. The sprawling site, off Holland Road, is owned by the US government and now houses an old, single-storeyPhoto by Arthur Lee - 323 words
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469 1993-05-29 2 Chuang Peck Ming - Yesterday in Parliament Businessmen pawning valuables in search of working capital By Chuang Peck Ming BUSINESSMEN and the rich, short of ready cash, arc pawning their valuables and fuelling a boom in the pawnbroking trade, according to Law Minister S Jayakumar. The poor no469 words
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211 1993-05-29 2 THE SINGAPORE Labour Foundation is unlikely to take a stake in the consortium it will form to build an industrial township in China's Suzhou city. Deputy Prime Minister Ong Teng Cheong said yesterday. If SLF did have a share, it would be211 words
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PARLIAMENT BRIEFS
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Article119 1993-05-29 2 LOANSHARKS will be arrested without warrants and they may not be allowed bail under the Moneylenders (Amendment) Bill 1992 passed yesterday. Penalties arc stepped up from the maximum fine of $5,000 to between $10,000 and $100,000. Repeat the ofTcncc and the fines double. Also, offenders may119 words
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Article67 1993-05-29 2 COMPUTER HACKERS will facc up to a $2,000 fine and two years' imprisonment. And if the damage they causc exceeds $10,000, the Computer Misuse Act 1993 passed yesterday says the penalties could go up to $20,000 in fines and five years in prison. They arc even67 words
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Article84 1993-05-29 2 MANY of the loopholes in scriplcss trading will soon be plugged. Parliament yesterday passed the Companies (Amendment) Bill 1993, which addresses the concerns of companies over the new paperless system. Among the new rules: a depositor cannot exercise his rights in a company's general meeting unless84 words
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Article116 1993-05-29 2 THREE NEW BILLS were tabled yesterday the Travel Agents (Amendment) Bill, the Electrical Workers and Contractors Licensing (Amendment) Bill and the Customs (Amendment) Bill. The first seeks to enrich the Singa- pore Tourist Promotion Board by dissolving the Compensation Fund and transferring its money to STPB;116 words
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Article93 1993-05-29 2 RECLAMATION WORK for the first phase of Jurong island is due to start next April. The Jurong Town Corporation will undertake the job which will link four islands Pulau Mcrlimau, Pulau Scraya, Pulau Aycr Chawan and Pulau Aycr Merbau. The first phase, which covers93 words
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Article72 1993-05-29 2 BOOKING of HDB flats at two sites near the Simei MRT station will begin in the third quarter of the year, according to the Ministry for National Development. A total of 850 flats will be up for sale. The ministry also said that a commercial site72 words
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Article94 1993-05-29 2 EXPERIENCE in developed countries has shown that an excess of doctors will jack up health costs. Health Minister Yco Chcow Tong said yesterday. Given the marked rise in the number of Singaporeans signing up for medical courses abroad, the ministry is now reviewing the list94 words
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Page 2 Advertisements
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Advertisement68 1993-05-29 2 •> |HHHHHnP YOU'VE NEVER HAD IT SO GOOD! fCJ Windsurfing, woter-skiina, snorkelling, kayak, pedalo, tennis, *>' archery, glass bottomed boat ride, kids' mini club, shopping A\ B Vm I—H (Squash, golf casino, if available at your choice of hotel) ft: ~T-' Hurry! Only Valid for May, June A July. »^g^QBHHBL68 words
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THE REGION
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ASIA NOTES
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Article124 1993-05-29 3 Bloomberg Business News HONGKONG China's first business accounting standards, which will be in line with international practices, will take effect from July 1. the China Daily has reported. The teeth in the new accounting system will involve putting all ol C hina s enterprises state-owned, collectives,Bloomberg Business News - 124 words
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Article54 1993-05-29 3 AFP HONGKONG Hongkong's trade deficit widened to HKSB.2 billion (SSI.7 million) in April, against HKS7.S billion for the same month a vear earlier, figures showed yesterday. Re-exports continued to surge, but imports also rose markedly, increasing 19 per cent to HK593.7 in April, the Census andAFP - 54 words
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Article, Illustration104 1993-05-29 3 AP SEOUL Riot police firing tear gas battled more than 2.500 students yesterdav to block a march on the homes of two former former presidents. It was the second day of violence in a residential area several hundred metres from the neighbouring homes of formerAP - 104 words
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74 1993-05-29 3 Reuter KATHAURA, India India's battered ruling Congress Party was pondering its future yesterday after a planned huge convention intended to revive the party's flagging spirit was torn apart by a freak storm. Lashing rain, wind and hail on Thursday ripped apart tents, brought down treesReuter - 74 words
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102 1993-05-29 3 AFP AUCKLAND The principal of one of Auckland's leading secondary schools yesterday denied that Asian pupils had armed themselves for a confrontation with New Zealand students earlier this month. The Sunday Star newspaper reported that on the last day of term on May 7. AsianAFP - 102 words
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333 1993-05-29 3 Bernama IPOH A group of entrepreneurs from China's Haidian district, an industrial zone located north-west of Beijing, is keen to invest in Perak. in a bid to exploit business opportunities arising from Malaysia's buoyant economy. The leader of the 25-mem-bcr delegation. DengBernama - 333 words
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263 1993-05-29 3 Maggie Ford - From Maggie Ford in JAKARTA ASEAN will send a delegation to China to explore economic and scientific cooperation and will set up a dialogue committee with India, secretary-gen-eral Ajit Singh said here yesterday. Speaking after a meeting of Asean officials to prepare263 words
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334 1993-05-29 3 AFP MANILA The Philippines may have to go without an International Monetary Fund (IMF) programme, in a scenario that would force it to pay USSI billion (SSI.6 billion) in maturing loans and lose foreign assistance, a senior Filipino officialAFP - 334 words
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434 1993-05-29 3 Harish Mehta - Reports by Harish Mehta in Phnom Penh UNITED NATIONS Secre-tary-General Boutros-Boutros Ghali has personally assured Cambodian head of state Norodom Sihanouk that the UN will take strong measures against parties that do not accept the results of the poll which ended yesterday. Sources434 words
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159 1993-05-29 3 PHNOM PENH If a twothirds majority in the Constituent Assembly needed to pass a new Cambodian constitition cannot be achieved. Prince Norodom Sihanouk has proposed that a simple majority should be accepted. Sources close to the palace said Prince Sihanouk had this week told159 words
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Article, Illustration54 1993-05-29 3 Reuter STUNG TRENG, Cambodia A hilltribe woman of ethnic l*o Khmer standing behind a voting booth in a remote jungle area at a mobile polling station in north-eastern Cambodia on Thursday. UN mobile stations were brought to remote jungle areas by helicopters on the second day ofReuter - 54 words
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243 1993-05-29 3 Bloomberg Business News HONGKONG In an effort to win the hearts and minds of disgruntled farmers. China's Ministry of Agriculture has announced it would cancel 43 taxes lev ied on rural workers. The tax breaks will come as a relief toBloomberg Business News - 243 words
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339 1993-05-29 3 Ramesh Divyanathan - By Ramesh Divyanathan SINGAPORE A Singapore law firm. Chor Pee and Company. is among three foreign law firms which have been granted licences to practise in Vietnam for the first time. The two other firms are Australia's Phillips Fox339 words
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359 1993-05-29 3 AFP AP HONGKONG Top Chinese leader Jiang Zemin quashed speculation that Beijing might weaken in its opposition to more democracy in Hongkong as a fourth round of talks on the future of the colony opened in the Chinese capitalAFP; AP - 359 words
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213 1993-05-29 3 Reuter HONGKONG Britain and China yesterday said they would hold talks next week on Hongkong defence issues, a major irritant that predates their row over the colony's democratic future. In a sign of a continuing improvement in relations, the two sidesReuter - 213 words
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Page 3 Advertisements
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Advertisement27 1993-05-29 3 \ir.* "L ax'll lIK i'v 1. I oil your v;mik "k'hik \w wxi lukl vour 1.l M TALLEST II v ii it) 11 u v>i r i27 words
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THE WORLD
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WORLD WATCH
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Article73 1993-05-29 4 Reuter WASHINGTON A Bill to end the arms embargo on Bosnia and grant US$2OO million (***** million) in military aid to Bosnian Muslims was introduced in both houses of Congress on Thursday. Republican Senate leader Bob Dole said the current UN Security Council armsReuter - 73 words
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69 1993-05-29 4 Reuter BONN Chancellor Helmut Kohl's centre-right coalition and the opposition Social Democrats (SPD) have reached an agreement on a reform of the postal and telecommunication systems, paving the way for their eventual privatisation, the postal ministry said yesterday. The ministry said the core ofReuter - 69 words
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62 1993-05-29 4 Reuter BONN The upper house of the German parliament, the Bundesrat, approved the 1993 supplementary budget and measures to implement the government's Federal Consolidation Programme. Finance Minister Theo Waigel told the chamber, which represents the 16 regional states, that the consolidation programme was only a beginningReuter - 62 words
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Article69 1993-05-29 4 AFP WASHINGTON Two moderate earthquakes half-an-hour apart rocked first central and southern California and then Alaska's Aleutian Islands late on Thursday, with no reports of injuries or damage. A tremor measuring between 4.5 and 5.0 on the Richter scale rocked central and southern California at 9.50AFP - 69 words
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Article56 1993-05-29 4 Reuter WARSAW Poland's Prime Minister Hanna Suchocka resigned yesterday after her government lost by just one vote a no-confidence motion in parliament. The defeat, provoked by the hardships of ordinary people under rapid market reforms, plunged the country into confusion. Economists said it could mean delays forReuter - 56 words
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208 1993-05-29 4 Reuter PARIS British Prime Minister John Major yesterday said conditions for the pound sterling to re-enter the European Community Exchange Rate Mechanism do not exist at present and are unlikely to do so in the near future. Speaking to reporters after meeting French PrimeReuter - 208 words
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159 1993-05-29 4 AFP LONDON The Conservatives have dropped to their lowest level in the opinion polls since the autumn of 1981, as traditional supporters in southern England have deserted the party, a poll for The Times showed yesterday. Labour leads the Tories by 16 points,AFP - 159 words
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441 1993-05-29 4 AP BRUSSELS The European Community will likely retaliate after the United States barred the awarding of US$l9 million in government contracts to European companies, officials said yesterday. Officials said the 12-nation trading bloc was considering slapping its own sanctions, worth aboutAP - 441 words
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269 1993-05-29 4 AFP PARIS French Prime Minister Edouard Balladur on Thursday ruled out signing a world trade agreement on the present basis, senator Josselin de Rohan told correspondents on Thursday. The senator, who heads the Senate delegation from the neo-Gaullist RPR party,AFP - 269 words
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Article, Illustration470 1993-05-29 4 Florence bomb blast AP Reuter FLORENCE In protests throughout the country, Italians vented their anger yesterday over the bombing of the famed Uffizi Gallery, an attack the government said was probably the work of the Mafia. More than 100.000 people jammedAP; Reuter - 470 words
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314 1993-05-29 4 AP PARIS The National Assembly approved a package of tax hikes and increased spending on job programmes yesterday aimed at cutting unemployment and a swelling budget deficit. The measures, proposed by Premier Edouard Balladur. are the cornerstone of a programme byAP - 314 words
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429 1993-05-29 4 AP Reuter MOSCOW Russia is doomed to dictatorship or disintegration unless it adopts a new constitution. President Boris Yeltsin warned yesterday. In a meeting with 66 of his hand-picked regional bosses, he said it would be impossible to transform Russia without a newAP; Reuter - 429 words
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191 1993-05-29 4 Reuter OTTAWA Canada's lower house of Parliament approved the North American Free Trade Agreement by 140 to 124 votes on Thursday, after the ruling Conservatives used their slim majority to cut short debate. The bill implementing Nafta in Canada must still go to theReuter - 191 words
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Article, Illustration579 1993-05-29 4 Neville Stack - Britain's new Chancellor of the Exchequer From Neville Stack in LONDON IT WAS the moment the public and the City had been waiting for the abrupt departure of the most-criticised, most caricatured figure in British public life. Norman LamontAFP - 579 words
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169 1993-05-29 4 Reuter LONDON Norman Lamont's 82-year-old mother was revealed as a reluctant but expensive media star yesterday. Irene Lamont was the first to tell the world that her son, Britain's Chancellor of the Exchequer, had resigned on Thursday. She told the Grimsby EveningReuter - 169 words
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COMPANIES & MARKETS
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530 1993-05-29 5 Magdalene Ng - By Magdalene Ng SINGAPORE DBS Bank has failed to get the green light from the Central Provident Fund Board to allow investors to use their CPF savings to pay for its billiondollar preference share issue. At a press briefing530 words
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382 1993-05-29 5 SINGAPORE Keppel Corporation will not change the terms of its offer for Resources Development Corp; and if the takeover fails, it will not have management control over the civil engineering company. Keppel Integrated Engineering. Keppel's subsidiary executing the takeover bid,382 words
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Article, Illustration346 1993-05-29 5 SINGAPORE The stock markets of the Far East offer the best investments in terms of performance and safety, says international chartist David Fuller in his May newsletter Fuller Money. The "Mini Dragon" economies will grow on the strength of346 words
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291 1993-05-29 5 SINGAPORE Parkway Holdings and Hwa Hong Corporation announced yesterday that they will sell a warehouse at Robertson Quay to Hong Leong Holdings for $42.5 million. The move will bring in extraordinary income of $7 million for Parkway and Hwa Hong, while291 words
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695 1993-05-29 5 Rahita Elias - HOCK LOCK SIEW By Rahita Elias SINGAPORE "Psst! Have you heard the latest? Well. Sembawang Shipyard has won a mega conversion project worth Sioo million to $200 million to turn a bulk carrier into a pipe-laying barge." Over the695 words
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Article, Illustration382 1993-05-29 5 Lee Han Shih - By Lee Han Shih SINGAPORE A sizeable windfall awaits Shangri-La Hotel Ltd from the imminent listing of a sister company in Hongkong. The amount could range from SS3O million to SS9O million, though its actual size would only be known382 words
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207 1993-05-29 5 Bernama KUALA LUMPUR Granite Industries Bhd's shift in corporate policy of focusing on just one core activity provides the best potential for rapid and sustained growth. Executive chairman Abdullah ibni Almarhum Abdul Rahman said in the latest annual report released yesterday that theBernama - 207 words
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Article, Illustration370 1993-05-29 5 Source: Bridge Info Performance of STII's Index stocks May 28 Lasl Sense latfex Slock sale (hp factor moters <*> m A\imo 2.370 -0050 1 74 -3 60 (&< 7 450 0050 547 360 Ccfebos 5 400 ■0050 3 96 -360 f AN 12 WO 0 200 9 03 14Source: Bridge Info - 370 words
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COMPANIES
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412 1993-05-29 6 Japanese eorporate gloom Reuter TOKYO Japanese carmakers' profits skidded on weak sales and the strong yen in the just-ended fiscal year, and they will not get back in the fast lane this year either. Nissan Motor Co Ltd, Japan's number two carmaker,Reuter - 412 words
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592 1993-05-29 6 AFP TOKYO Japan's six largest steelmakers yesterday showed declines in profits and sales in the year to March, and predicted a dim outlook for the current year. Steelmakers, including the world's largest Nippon Steel Corp, said the poor results wereAFP - 592 words
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COMPANY BRIEFS
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109 1993-05-29 6 SINGAPORE Singapore Press Holdings has acquired 51 per cent of film and video services company Star Network Inc as part of its move into the multimedia industry. The investment is held by SPH MultiMedia, a wholly-owned subsidiary. Star operates mainly in Hongkong but109 words
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55 1993-05-29 6 SINGAPORE Sembawang Holdings Pte Ltd (SPHL) sold two million Sembawang Shipyard Ltd shares at $13 each to a foreign investor represented by J M Sassoon Co Pte Ltd at the close of business on Thursday. After the sale, SPHL holds 40.2 per cent or 85.5755 words
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140 1993-05-29 6 SINGAPORE First Capital Corporation Ltd (FCC) has formed a joint-venture company with Guoco Group and Bedford Bhd to identify investment projects primarily in China, Vietnam and Asean countries. GFB Property Holdings Ltd was incorporated in Bermuda on Wednesday and its first investment will be140 words
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Article22 1993-05-29 6 SINGAPORE SAL Industrial Leasing Ltd announced that its director Victor Chang Wing Seng has resigned on May 27.22 words
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106 1993-05-29 6 HONGKONG China Resources Enterprise Ltd is placing out 640 million new shares at HKS3.3O each to raise HKS2.II billion (***** million) to finance a property project on Hongkong's Tsing Yi island, brokers said. The price represents an 8.3 per cent discount to the HKS3.6O106 words
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103 1993-05-29 6 Bloomberg Business News TAIPEI Shareholders of Hui Sheng Agriculture and Food Corp, a feed producer, authorised the company's board of directors to invest up to USSIO million (SSI6 million) in mainland China or South-east Asia. At an annual meeting yesterday, shareholders passed a resolution backingBloomberg Business News - 103 words
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451 1993-05-29 6 Reuter TOKYO NEC Corp. Japan's biggest producer of chips and PCs, posted its first consolidated loss in almost 20 years yesterday as the chill in the domestic computer market cut into revenues. NEC posted a group pre-tax loss of 37.69 billionReuter - 451 words
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282 1993-05-29 6 Reuter TOKYO Japan's seven trust banks and three long term credit banks expect another gloomy year as increasing bad loans still weigh heavily on earnings. Bank executives said yesterday that they will try harder to write off bad loans and increaseReuter - 282 words
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Article, Illustration563 1993-05-29 6 Reuter KUALA LUMPUR Hefty taxes aimed at discouraging alcohol consumption in predominantly Muslim Malaysia have left a dent in Guinness Anchor Bhd's sales. The brewer's chairman and managing director. Peter Banner. hopes emerging markets in southern China and IndochinaReuter - 563 words
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481 1993-05-29 6 Schutz Lee - By Schutz Lee SINGAPORE New Zealand's Carter Holt Harvey yesterday announced a 26-per-cent jump in net earnings, and expects strong domestic demand and log prices to continue to boost its bottomline in the current financial year. The net earnings of NZ5243.5481 words
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366 1993-05-29 6 Reuter BOMBAY A row flared yesterday within the Tata group, India's leading business house, already rocked by the abrupt removal of the chairman of its flagship company and allegations that the empire is run as separate fiefdoms. The board of directorsReuter - 366 words
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Article478 1993-05-29 6 UNIT TRUSTS FUNDS till II igl I' prim Mav 29 31 lltSUTMKC Fwid .i—ia w Income Bond Polio 3.23 3.35 Singapore Unit Trust The Commcrit 1.38 I 45xd nUOWIUJI The Sa% ings Fund 1.24 1.30 PmLink Mgd Fund 1.13 1.19 Spore Prog Fund 0.38 0.61 yiu i S'pore See Fund478 words
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FINANCE & COMMODITIES
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498 1993-05-29 7 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE Thailand's Thai Danu Bank, which obtained a USS4S million (5572.4 million) loan facility yesterday from the Singapore offshore market, is seeking regional partners for potential joint ventures in Indochina. Thai Danu Bank's executive vice-president Pornsanong Tuchinda said498 words
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522 1993-05-29 7 Reuter TOKYO Foreign brokerages in Japan have made a counterproposal to strict rules on stock futures trading now being considered by the Tokyo Stock Exchange (TSE), a securities industry source said. The foreign houses contend the TSE's proposals are targetedReuter - 522 words
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Article, Illustration413 1993-05-29 7 DBS Bank weekly currency review US$/DM: Bloodshed for the bulls The US dollar started on a bullish note on Monday, making headway to 1.6422. But the buying interest was short-lived, as bears returned to push US$/Dm rate to 1.6015 by Thursday. The unit traded413 words
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299 1993-05-29 7 Reuter BOMBAY India's central hank has received more than 110 applications for licences to set up the first new private banks in the country in a quarter of a century, officials said on Friday. But the first to get licences fromReuter - 299 words
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328 1993-05-29 7 Bloomberg ENERGY REPORT LONDON Oil futures priccs in London and New York rose inoderateK ahead of the three-day weekend on both sides of the Atlantic, brokers said. Prices were buoyed by traders squaring their outstanding positions and exacerbated by the expiration328 words
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263 1993-05-29 7 Knight Ridder KUALA LUMPUR Private firms in Malaysia are likely to take advantage of stable interest rates to issue more bonds this year, an official at Rating Agency Malaysia said. Rating Agency executive director C Rajandram said the amount of private bonds issuedKnight Ridder - 263 words
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Article181 1993-05-29 7 Reuter LONDON The dollar struggled against a muscular yen yesterday despite Japanese and US intervention, while sterling slipped on interest-rate speculation. The dollar closed at 107.26 yen after 107.88 late on Thursday in London. It posted a new Tokyo closing low for the third straight day. ending there atReuter - 181 words
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Article90 1993-05-29 7 AFP NLW YORK The Federal Reserve again intervened in early trading yesterday, buying up dollars to stem the rise of the Japanese yen. according to traders from several major banks. At around 1415 GMT. the dollar traded 107.26 yen and seemed to stabilise at that level. The greenbackAFP - 90 words
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Article, Illustration1488 1993-05-29 7 Iradt' Hctuhwd inJt caUulah-d attains S'/*vr's uy» 14 nadirs [hiitnfi* Ha*' itdi IW US$/S$ forward rates Noon May 28 s$ Bid Offer I-month 1.608) I 60"ti ?-month I ftORS 1.6100 3-month ***** 1.6100 6-month ***** I 6110 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 10am yesterday: Singapore dollars to1,488 words
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COMMODITIES & FUTURES
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1573 1993-05-29 8 SIMEX REPORT Reuter SINGAPORE Simex Eurodollars ended firmer after a session of choppy dealings. Traders said the contract opened in the negative, then spiked up in reaction to news that US President Bill Clinton's budget deficit plan had been passed b\ the House ot Representatives.Reuter - 1,573 words
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Article631 1993-05-29 8 COMMODITY REPORTS KL Tin TIN closed at a new all-time low of MS 13.66 a kg. down four cents from Thursday, mainly due to a lack of foreign demand and falls in London overnight, traders said. Traders said sentiment is likely to remain bearish631 words
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KNIGHT-RIDDER COMMODITY SUMMARY
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Article60 1993-05-29 8 BANGKOK Thailand consumed an average 644.630 barrels per day of petroleum products in January-April, up 13.5 per cent from a year earlier, the Petroleum Authority of Thailand said. Total imports averaged 505.730 bpd. up 16.3 per cent from Jan-Apr 1992. while domestic production totalled 213.300 bpd.60 words
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Article80 1993-05-29 8 TOKYO Domestic demand for fabricated aluminum products in fiscal 1992-93 (April-March) fell 4.7 per cent from a year before to 2.08 million tonnes, the Japan Aluminum Federation said. Demand from the food sector rose a modest 1.7 per cent from a year before to 356.185 tonnes80 words
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Article54 1993-05-29 8 TOKYO Chinese national oil trading compan> Sinochem has agreed to buy more Vietnamese Bach Ho crude oil. depending on output of that crude, a Sinochem source said. "We have signed a memorandum of understanding with Vietnam that we can secure additional volume as it54 words
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Article65 1993-05-29 8 NEW DELHI India is likely to import "a large quantity" of petroleum products from Kuwait in fiscal 1993-94 (April-March), a spokesman for the state-run Indian Oil Corp said. He said a delegation from the Kuwait Petroleum Corp is here to finalise the contract with the65 words
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59 1993-05-29 8 CANBERRA An extended drought and depressed prices will force a reduction in 1993-94 Australian wool production to 723 million kilograms. or 10 per cent below this year's projected output, the Wool Council of Australia said. The Wool Production Forecasting Committee had previously predicted59 words
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Article1641 1993-05-29 8 Rubber Ma>:» RAS Commodity Exchange (futures closing as at 1pm) HAS (physical prices) RSS1 Contract (S cents/kg) Buyers Seller* lose Volume (SccntS/kg) Month High Lo* Sett <tonnes> Interest RSS 2 Jun 93 I29 50I30 50N .»iu> a <uk n iut ii oso RSS 3 Jun 93 128.50 I29.50N1,641 words
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REGIONAL STOCK MARKETS
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Article1020 1993-05-29 9 11.3 lhe Xustralian sharemarket continued its march towards a post-1987 crash record as a rise in gold bullion sparked another surge in local gold stocks. "The whole market traded well on the back ot gold it has been leading the way all week." said one broker. Brokers said buyers1,020 words
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Article567 1993-05-29 9 -11.58 Share prices fell sharply as foreign investors sold down their stocks to position for upcoming initial public offerings (IPOs) of two food conglomerates, brokers said. "The market is down sharply. exacerbated by the tact that foreigners continue to position for (the) IPOs." said Louie Bate of Baring Securities.567 words
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Article68 1993-05-29 9 -52.70 Stock prices dropped after Great Eastern Shipping Co posted poor profits, traders said. They said the stock market appears to be again entering a bearish phase. The Bombay index fell by 52.70 points to 2163.26 and the National Index dropped 25.02 points to end at 1007.31. Delhi was68 words
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Article724 1993-05-29 9 146.15 A strong technical rebound alter recent losses pushed Taiwan share prices up to close sharply higher across the board, brokers said. lhe Weighted Index closed 146.15 points or 3.5 per cent up at 4.356.10. as turnover rose to a moderate 1527.3 billion from Thursday's thin T517.9 billion. I724 words
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Article293 1993-05-29 9 Seoul \la% 27 UoafM) Vium U\1IW Iml 14# 00 -"SCO \njm InJ 2M0D I 00 \nkuk Ifhtirjikv 7 J© 00 uiK'h \mj crncrrt 00 unch \mj M«<«HN CVjOU 5.00 Kink < N < he iu 14KIHI I 00 Kink <* I'uvin l IU.00 2 00 Kink i h m to:293 words
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Article286 1993-05-29 9 +7.72 The New Zealand share market finished the day higher and at another 33-month high to finish a strong week on a positive note but brokers said trading was quieter. The NZSE-40 Capital Index closed up 7.72 points at 1.650.16 to surpass Thursday's 33-month high. Volume was lower286 words
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WORLD STOCK MARKETS
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Article729 1993-05-29 9 -14.6 Shares ended a listless session lower amid signs of profit-taking after Thursday's change of UK Chancellor of the Exchequer failed to inspire the market, dealers said. A lack of news, sliding FTSE futures and weakness on Wall Street depressed prices. The FTSE 100 index finished 14.6 points down729 words
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Article101 1993-05-29 9 -15.89 Shares finished below 1.900 points on the CAC-40 index as bond futures and the dollar fell and investors closed positions before the threeday weekend, dealers said. French markets are closed on Monday for Pentecost. The CAC-40 index closes down 15.89. or 0.83 per cent, at 1,888.70. Paris M«>101 words
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Article105 1993-05-29 9 -0.19 pc Shares ended the week easier ahead of a long weekend with the bourse closed for a public holiday on Monday. Turnover was high, but trade dull. The OMX-index, which carries a futures contract, was down 0.11 per cent at 853.56 after touching a new year-high of 859.16,105 words
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Article153 1993-05-29 9 -2.62 Share prices ended easier after players unwound positions ahead of the long weekend, dealers said. No new factors emerged to spark interest and the index was locked into a narrow range. The bourse seen continuing to move sideways next week with strong support still seen at 1.600. The153 words
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Article153 1993-05-29 9 -0.97 Shares closed an inch lower after institutional investors unwound positions in the last hour of trade before of a three-dav holidav weekend. But sentiment about Belgian stocks, which had been up to 0.5 per cent firmer throughout the day. remained positive, dealers said. The Bel-20 Index of leading153 words
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Article312 1993-05-29 9 14 Shares ended higher yesterday but a fall back in the goid price and edginess ahead of the long holiday weekend brought some selling near the close, dealers said. Anglos rose 150 cents to 138.50 ahead of results next week. Marginal mine Dooms gained 30 cents to 5.90 rand.312 words
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Article162 1993-05-29 9 -0.17 pc A late rally in the shares of telecommunications holding STEI pulled Italian stocks off their weak opening levels and key issues closed little changed. The MIB index ends 0.17 per cent lower at 1.192, but underlying trend gains 0.42 per cent to 1.196. Dealers expected the market162 words
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Article197 1993-05-29 9 -3.28 Stocks closed lower yesterday. as the dollar weakened against the guilder on grim US economic news, traders said. The EOF index of the leading 24 Dutch shares closed down 3.28 points at 308.28 points. Decliners outpaced advancers 23 to one. Amsterdam MJ> 2K H> \B< \m.< M V197 words
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Article314 1993-05-29 9 -1-4.55 Stocks slumped in early trade on profit-taking and sliding gold prices, traders said. "It's Friday, it's a holiday in the US on Monday and the end of a fairly good week, so there's probably some profit-taking going on." one trader said. The TSE 300 fell 10.01 points to314 words
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Article717 1993-05-29 9 14.67 The stock market opened lower in the morning, retreating from record highs on weaker-than-expected economic growth in the first three months of the year. At I lam on Wall Street, the Dow Jones average of 30 industrial stocks was down 8.03 points at 3.546.80. Big Board volume717 words
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Article216 1993-05-29 9 1.4 Shares closed slightly higher on balance with the two main indices at record closes after a late spurt on end-month window dressing. Prices had earlier moved below Thursday's close for most of the day. with investors taking profits following yesterday's gains. Dealers said they saw further upward potential216 words
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Article587 1993-05-29 9 Vienna \U% 2H M 1 n.mk vu-jiuii'i «2! u,Kh lunri'un/l I t-n/inf "">* louZ ;I; -*j Sfc.»«.-l-DK Kh "X"' 'J" J 4 VkuKitvm W<. >"•'• J Source: Credit Lyonnsis Sec Asia Nasdaq \u> r i ss +7T Vtnipti «%*> Brewing iuk.Ii ypli« mmm Ui > nb» i >o I jwit587 words
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Article, Illustration3140 1993-05-29 10 Reuter SHARE prices closed lower as the confirmation of the reopening of airport talks and the likely renewal of China's Most Favoured Nation (MFN) status triggered profit-taking, brokers said. The blue-chip Hang Seng Index ended down 49.33 points at 7.397.91 after registering an 80point gain earlier. "It's the oldReuter; Source: Bridge Info - 3,140 words
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Article, Illustration426 1993-05-29 10 THE Shanghai B market was under pressure by the announcement of the new listing of Jin Qiao on Monday. The B share market in Shanghai closed at 842.02, down 3.01 or 0.28 per cent amid thin trading. No 2 Textile Machine attracted the highest turnover of the day, with426 words
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Article, Illustration2444 1993-05-29 10 Reuter STOCKS ended mixed in slow trade, as investors were sidelined over a nervous currency market, brokers said. The Nikkei average stumbled on a lower futures market because it invited more arbitrage unwinding, but buying in relatively under-bought issues helped sentiment. "We expect activity to increase. starting in June."Reuter; Source: Bridge Info - 2,444 words
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Article, Illustration1782 1993-05-29 10 Reuter STOCKS managed a big gain by the close as investors, encouraged by the absence of sellers, bought on confidence the market had little downside potential, brokers said. The index rose 8.12 to 836.03. with turnover moderate to light after a dull morning at 2.3 billion baht. Gains ledReuter; Source: Bridge Info - 1,782 words
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Article, Illustration1059 1993-05-29 10 Reuter MOST Jakarta stock prices closed higher in active halt-day trading, dealers said. "The market was very hot. Many shares with small capitalisation also got a lot of orders because it's now very difficult to get liquid ones." said Dandossi Matram. spokesman of the Jakarta Stockbrokers Club. Trading wasReuter; Source: - 1,059 words
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Article, Illustration2192 1993-05-29 11 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Mcliuptcn MIc 16.612.000 Kcnong Bhd MV 8.4JJ.OOO kunjvjn MX: ''.487 000 tiroup 7.443 000 FA( B MV 7.08<».000 ldn> H\d HV S.23I.OOO AMDINt SMi.000 Inmncsl Bhd 4.726.000 Hromct 4UUN CASH MV J.7 71.000 Invjs Bhd 3 548.000 Mulli-Purpose 3.498.000Source: Bridge Info - 2,192 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5176 1993-05-29 11 Bernama CONTINUED profit-taking ahead of the extended weekend took share prices to a slightly easier close yesterday. The KLSE Composite Index closed 0.82 point lower at 735.25 and the Industrial Index 0.74 point down at 1.262.35 while the All-Share EMAS Index added 0.08 of aBernama; Source: Bridge Info - 5,176 words
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STOCK EXCHANGE OF SINGAPORE
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Article, Illustration1127 1993-05-29 12 Dexter Lee - By Dexter Lee SINGAPORE Who says Friday is the dav when investors take profits and square off positions before the weekend? Those who thought so were yesterday proved wrong by the Straits Times Industrials Index, which jumped 19.43 points to a new recordSOURCE: BRIDGE INFO; Source: Bridge Info - 1,127 words
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Article79 1993-05-29 12 Quak Hiang Whai - Quak Hiang Whai IF you have to pick a laggard slock in the current market. Sime Darby Berhad could well be it. The stock is ready to break out of the S3 resistance with its daily RSI and stochastic still at around 50. Its 9-day mov ing79 words
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Article6391 1993-05-29 12 MAIN BOARD Gr Gr 1992/43 Las* Vol Day Last Qwue Di» Di» YM N« M Cap High Low Company Sale ("000) High Lo« Buyer Seller cSr P/E Sail INDUSTRIAL AND COMMERCIAL 770 170 Acma 730 cd +5 188 735 720 730 735 12.5 2.1 1.7 31.6 503.1 220 210 s6,391 words
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Page 5 Advertisements
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Advertisement30 1993-05-29 5 8 june vol *7 tec BIMaUN2CfI3UHEfIJ3U9 1993 ■54 ■lUHir HOT HOUSES:^ CEO David Lim right) I 111! I ■V- jl' j j Ji'ii ii jpF S"858?3 7 2C306? ON SALE30 words
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Page 6 Advertisements
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Advertisement6 1993-05-29 6 Dividends table has been held over6 words
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Page 7 Advertisements
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Advertisement7 1993-05-29 7 Regional currency report was not available yesterday7 words
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Page 8 Advertisements
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Advertisement57 1993-05-29 8 FAST RESULTS "I've travelled far and wide. My owner likes to focus on nudists while pretending to aim at the waters beyond. One day, I over-ex-posed his voyeurism. And so he's selling me with a fast clicking classified ad." CATS. 737-1166 Call today for fast results. PLAY SMART Be part57 words
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Advertisement27 1993-05-29 8 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead frqf/ers it t ne most current Oi27 words
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Page 9 Advertisements
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Advertisement27 1993-05-29 9 The Seoul market was closed for a holiday PORT SHOTS The latest in sea, air and land transportation, u Shipping Times, u Monday to Friday. Business Times27 words
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Page 10 Advertisements
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Advertisement140 1993-05-29 10 PI Cartier's Written Distinction Since Louis Cartier created the first pen in 1904, this French purveyor of luxury items has gone from strength to strength by launching writing instruments of distinction. H Sleek and round, the Must pens are encased in solid stainless steel H and gold or silver plated.140 words
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Page 11 Advertisements
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Advertisement45 1993-05-29 11 New chips, new operating systems a new era of computing? Client-server is hot. Real hot. But to most people it sas clear as mud. Real mud Find out about the conundrum at Comdex Fall in Atlanta from Technology Editor Kenneth James who braved the confusion.45 words
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Page 12 Advertisements
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Advertisement145 1993-05-29 12 Cartier's Written Distinction Since Louis Cartier created the first pen in 1904, this French purveyor of luxury items has gone from strength to strength by launching writing instruments of distinction. Sleek and round, the Must pens are encased in solid stainless steel and gold or silver plated. Textured for effect,145 words
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SPORTS
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Article, Illustration320 1993-05-29 13 Golf AP AFP OARAI, Japan Singapore's Samson Gimson, the overnight joint leader, scorcd a 69 yesterday for a two-round total ol 7-undcr-par 137 to take the sole lead in the U*****.000 Mitsubishi Galant tourney. Seeking his first victory at- ter passing a professionalAP; AFP - 320 words
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Article, Illustration657 1993-05-29 13 Shahiron Sahari - Business Times-Lancome 17th Anniversary Tournament By Shahiron Sahari SINGAPORE Local professional Chua Guan Soon partnered Ben "I'm not a golfer" Koenig, to win his third successive overall title at the Business Times-Lan-come 17th Anniversary Golf Tournament at Tanah Merah Country Club (Tampines657 words
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617 1993-05-29 13 French Open AP PARIS Rattled by repeated errors. Goran Ivanisevic dropped his third-round match at French Open to Carlos Costa yesterday, leaving only three of the top eight men still in the field. The fifth-seeded Croatian opened strongly, but by theAP - 617 words
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SPORT SHORTS
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Article, Illustration51 1993-05-29 13 AFP WASHINGTON Major League on I hursday American: Milwaukee 9 Toronto 3; Kansas City 6 Chicago 4; Minnesota at Oakland, ppd.; Baltimore 4 New York 3 (in 10): California 5 Seattle 0. National: Cincinnati 5 Atlanta 4: Houston 8 Colorado 0: Pittsburgh 13 Florida 8; Chicago 5 San FranciscoAFP - 51 words
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Article, Illustration145 1993-05-29 13 AP CHICAGO An angry Michael Jordan denied on Thursday that he stayed up until the wee hours gambling away USSS.OOO in Atlantic City before the Chicago Bulls lost a playofT game to the New York Knicks. Jordan admitted going to Atlantic City to gamble Monday night, but he saidAP - 145 words
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Article, Illustration20 1993-05-29 13 Reuter LOS ANGELES NHL Campbell Conference finals Thursday: Los Angeles 5 Toronto 4 (OT) (Best-of-scven series tied 3-3).Reuter - 20 words
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Article, Illustration291 1993-05-29 13 Reuter AP Reuter Reuter WENTWORTH, England US Masters champion Bemhard Langer survived a shank to card a two-under-par 70 and end up only one shot behind a quartet of early leaders at the British PGA golf championship at Wentworth yesterday. The 35-year-old German recovered from his first shanked shotReuter; AP - 291 words
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Article, Illustration510 1993-05-29 13 AFP PARIS Friday's results at the French Open (x-denotes seeded player): Women Singles 2nd round: Jana Novotna (Cze x 7) b Christina Papadaki (Gre) 3-6. 6-2. 6-2. 3rd round: Steffi Graf (Ger x I) b Laura Gildemeister (Per) 6-2. 6-2: Conchita Martinez (Spn x 4) b Natalia Baudone (Ita)AFP - 510 words
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Article1376 1993-05-29 13 Ctty Fldlt ETA Fl» CTP Urn PfcaM GA929 1120 MiliMl SQ228 2120 ftomt- RJ187 0135 Amsterdam KL837 1445 KL838 2310 SQ323 1725 Aaddand NZ21 1820 NZ22 1935 SQ286 2030 Bahrain GF148 0905 B Sen Begawan B1421 1105 SQ182 0915 SQ181 1410 B4422 1205 BI429 2030 BI4301,376 words
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Article, Illustration848 1993-05-29 14 George Vecsey - Basketball George Vecsey says thank goodness. Charles Barkley has frankly admitted he's no role model George Vecsey NYT NEW YORK At last, somereality in sports advertising. Charles Barkley directs his la-ser-like glare at the camera and announces he is a basketball player, not a role model.NYT - 848 words
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Page 13 Advertisements
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Advertisement84 1993-05-29 13 EXCELLENT RETURNS A Finance required for Resort Hotel, Residential Property and Mining Projects in Australia. For information fax to PERTH FINANCE INSURANCE SERVICES 61-9-*****71. V EREDIA ENTERPRISES LIMITED C.P.O. BOX 6231 HONG KONG TX NO. ***** MSFEL HX FAX NO. 852-385 4462 W E SPECIALISE IN SERVICING THE SMALLER CLIENT84 words
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Advertisement41 1993-05-29 13 Fly Finnair's new Business Class to Europe. Finnair's new wide bodied MD-11 offers speed, comfort and space that's miles ahead of its competitors. Call your travel agent or 733 3377 for more details. We know the world from start to Finnish.41 words
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SHIPS IN PORT
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Article536 1993-05-29 14 Vessd fay No Borth Unhul Departure Vessri Voy Wo Berth hm»l Ptparhie Juronz Port Sau<* Tafcuk FE062 P07 alongside 3005 1200 Ems Dragon. B 01/93 C alongside 29 05 0800 Sn PuM 08, 93 P04 alongside 28 05,1830 Fartone 99 13 alongside 29 05/0200 Syahputra *****3 TO536 words
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Article2547 1993-05-29 14 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS Ship Voy Ho Contain** Kitobte SNp Voy Wo Contawws Urn Master BH114 2705-93 0700 B Seroia 2085 COOtEST) 28 05 93 1500 Afkte Grace 9321N 2705.93 0715 Choyang Pack EE322 COO(EST) 28 05 93 0700 C» Land NB322 *****3 0720 Ambas2,547 words
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Page 14 Miscellaneous
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Miscellaneous350 1993-05-29 14 CRYPTIC CROSSWORD king (5) 14 gir i redesigned the platter YESTERDAY'S SOLUTION I Measurement that goes up 15 Dish served to surly tellow and down in women's fash- j J vcgetarian Elgßgai BSaSglgtef^ 2 SHrs? k frs a r tobe,n 18 !E3f smooth foot EBiiffliffil 3 Speed estimate (4) 20350 words
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WORLD FOCUS
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Article, Illustration754 1993-05-29 15 Leon Hadar - Leon Hadar raises the curtains on June's US-Japan trade talks and looks at the persistent weakening of the greenback Leon Hadar The writer is BT's H ashington correspondent WASHINGTON The United States and Japan will open talks on a new trade agenda on June 7754 words
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492 1993-05-29 15 WASHINGTON Officials in Washington are expressing concern that the continuing fall of the US dollar against the yen will weaken Washington's ability to set the agenda of the coming July Tokyo summit of the G-7 nations. Reports of a drop in492 words
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Page 15 Advertisements
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Advertisement46 1993-05-29 15 Press Here For j Results! Call 1-900 840 8490 for Sports Results and you'll stand to win more than $500 worth of prizes each week. Calls are charged at 30 cents a minute. Prizes are sponsored by. 8X A■ w a y An SPH AudioTex Service46 words
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Advertisement1013 1993-05-29 15 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 SINGMAVEST INVESTMENTS PTE LTD (MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Scction 308(2) of the Companies Act. Cap. SO that the final meeting of the members of the abovenamed company will be held at the1,013 words
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490 1993-05-29 16 NYT TOKYO Japan will propose strict ground rules for its crucial trade talks with the United States next month that would exclude certain topics from discussion, including the setting of numerical targets, Japanese officials said on Thursday. The proposed rules,NYT - 490 words
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377 1993-05-29 16 AFP TOKYO US President Bill Clinton has asked Japanese Prime Minister Kiichi Miyazawa to back a US proposal to create a fund to help privatise Russia's state-owned industries, it was reported yesterday. Mr Clinton said in a recent letter to MrAFP - 377 words
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389 1993-05-29 16 Reuter MOSCOW Russia lifted its veil of secrecy over gold production and exports yesterday, forecasting steady 1993 production and promising a "balanced and moderate approach" to selling gold on world markets. Mr Yevgeny Bychkov, chairman of the precious metals committee,Reuter - 389 words
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476 1993-05-29 16 Reuter TOKYO Despite Japan's two-year slowdown and the soaring yen. workers are suffering less than expected and are doing much better than their counterparts in the US or Europe, according to data released yesterday. The Management and Coordination Agency said the nation's seasonallyReuter - 476 words
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472 1993-05-29 16 Reuter WASHINGTON The US trade deficit with the rest of the world widened to U5529.07 billion (5546.80 billion) in the first quarter from a U5525.96 billion gap in the final quarter last year, the Commerce Department said yesterday. And addingReuter - 472 words
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Article, Illustration59 1993-05-29 16 Reuter WASHINGTON US Treasury Secretary Lloyd Bentsen yawning in the Oval Office with Vice-President Al Gore (back to camera) and Chief of Staff Mack McLarty (right) prior to US President Bill Clinton's appearance on television to celebrate Congress narrowly passing his budget Bill late on Thursday.Reuter - 59 words
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462 1993-05-29 16 Leon Hadar - From Leon Hadar in WASHINGTON US PRESIDENT Bill Clinton yesterday renewed China's favourable trade status unconditionally for a year, confirming earlier reports that he had decided to do so. And for the first time, the administration spelt out clearly that462 words
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263 1993-05-29 16 Bloomberg Business News HONGKONG Hongkong's manufacturing labour force is set to shrink by almost a fifth or 110,000 workers to only about 470,000 by the end of 1994 as industry continues to shift across the Chinese border, according to Hang Seng Bank inBloomberg Business News - 263 words
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288 1993-05-29 16 Reuter BRUSSELS European Community farmers yesterday said the 1993/94 farm price package agreed on Thursday would lead to a further decline in farm incomes. Farm support prices will fall due to the reform of the Common Agricultural Policy (CAP) while some farmersReuter - 288 words
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278 1993-05-29 16 Reuter GENEVA Negotiations on China rejoining the Gatt ended yesterday after examining technical issues, but the political environment will dictate when Beijing returns to the Illmember nation trade body, trade sources said. Trade delegates ended the latest week-long session on the dayReuter - 278 words
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Page 16 Advertisements
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Advertisement9 1993-05-29 16 •World Focus: A background of growing tension, Pg 159 words
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Advertisement13 1993-05-29 16 1N13SP3JM AL,. AGEMENT Monday in Business Times Linkages of the wrong kind, EL213 words
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ISEAS Trends
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Article, Illustration1324 1993-05-29 17 Yeap Soon Beng - Yeap Soon Beng looks at how the success of the Chinese diaspora is whipping up anti-Chinese sentiments in the West Yeap Soon Beng Dr Yeap Soon Beng is a Lecturer in the School of C ommunication Studies. Satiyang Technological L niversity. THE once favoured Chinese diaspora1,324 words
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Article, Illustration1029 1993-05-29 17 Brian Bridges - Brian Bridges examines how the chase for quick profits is steadily erasing the border between Hongkong and China Brian Bridges Dr Brian Bridges is the Director of J all International, a Hongkong-based research and consultancy organisation. THE modalities and meanings of "convergence" have become key1,029 words
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Article, Illustration1496 1993-05-29 18 Janadas Devan, Geraldine Heng - Janadas Devan and Geraldine Heng refocus attention on the fundamental facts about Singapore's history which will determine the course of democracy in the city-state Janadas Devan, Geraldine Heng The writers are academics NUMEROUS articles have appeared recently in the loeal media on1,496 words
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Article, Illustration1273 1993-05-29 18 Stephen Dobbs - Stephen Dobbs looks back on the Singapore River's history, and highlights the important role the river has played in the nation's economic development Stephen Dobbs Stephen Dobbs is a Visiting Associate at ISEAS. FACING the business heart of Singapore across the river from North Boat1,273 words
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Article, Illustration1022 1993-05-29 19 Tereso S Tullao Jr - By Tereso S Tullao Jr Dr Tereso Tullao Jr is the chairman of the Economics Department at I)e La Salle University, Manila. AS President Fidel Ramos marks his first anniversary in office on June 30. observers are giving his presidency a mixed appraisal.1,022 words
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Article, Illustration980 1993-05-29 19 James Cotton - James Cotton suggests some ways to break the impasse over North Korea's nuclear weapons programme James Cotton Dr James C Oil on is a Senior Fellow at the Department of International Relations Department, the iustralian Sational I ntversitx, Canlxrra. ON May 12, the United Nations980 words
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1073 1993-05-29 19 Denny Roy - Denny Roy plots out a relationship between Washington and Tokyo that accents conflict rather than co-operation Denny Roy Dr Denny Roy is a Lecturer in the Department of Political Science. National University of Singapore. AS recent trade tensions point up, the post-Cold War era1,073 words
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951 1993-05-29 19 Sheila Nair - Sheila Nair spotlights an increasingly contentious issue Sheila Nair Sheila Nair is a Visiting Associate at ISL4S IN a statement issued in Bangkok early last month. Asian governmental representatives called for a contextual and culturally specific approach to human rights. It is no surprise951 words
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Article, Illustration1033 1993-05-29 20 Jack McCaffrie - Jack McCaffrie analyses the need for maritime confidence and security building measures in the Asia-Pacific region Jack McCaffrie 9 Jack McCaffrie. an Australian navy captain, is a Visiting Associate at ISEAS. ASKING why there should be maritime confidence and security building measures (MCSBMs) in the1,033 words
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Article, Illustration1961 1993-05-29 20 S Rajaratnam - Athenian Democracy vs the Persian Empire IHESNGtfOK mm Brt S Rajaratnam THROUGH military might and skill, through the diplomatic subtleties of Oriental misdirection and polite ambiguities. the hitherto insignificant Kings of Persia eventually managed to conquer and assimilate the largest and most1,961 words
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143 1993-05-29 20 THE Regional Strategic Studies Programme of the Institute of Southeast Asian Studies will be holding a workshop on the theme of "Arms and Defence Planning in Southeast Asia" on June 18-19. Funded by the Ford Foundation of the US, this workshop will bring together some143 words
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Page 17 Advertisements
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Advertisement49 1993-05-29 17 /±J "Three lons years JtOr ffiF) thlS P o^' ow r l[Sr ssenbal papers. Any Job. Any career. AVAILABLE ANY DAY. any Time. Anywhere. The straits Times The Sunday times Business Times The new Paper LIANHE ZAOBAO Ll AN HE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINGGU49 words
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Page 20 Advertisements
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Advertisement21 1993-05-29 20 \Cwa EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. m SINGAPORE m Business Times WtKMOWASM21 words
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Executive Lifestyle
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Article, Illustration1626 1993-05-29 21 Charles Clare - Where decades of Communist rule failed to break the Tibetan spirit, materialism may yet succeed. Charles Clare reports Charles Clare CAN THE Buddha and Madonna live together on the roof of the world? In today's Tibet, religious icons and pop idols share an uneasy coexistence1,626 words
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STRAWS IN THE WIND
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Article68 1993-05-29 21 IF YOU thought the mailers you get saying you are "preapproved" for some credit card are for real, take note. One person who received two identical mailers from Citicorp touting discount-travel privileges sent in her application with all the appropriate tax forms, and was rejected. Moral of the68 words
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Article70 1993-05-29 21 DO McDonald's outlets overseas have a different menu? Why else would three men, definitely from out of town, amble up to the outlet in World Trade Centre and ask the counter boy, "Got any beer?" Naturally the boy said no. They wouldn't give up. "Got any wine?"70 words
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Article55 1993-05-29 21 YOU can't win. It was reported the other day that the Hongkong Stock Exchange had censured a brokerage firm named Great Honest for charging clients too little. Slapping it with a fine, the exchange called Great Honest's conduct "injurious to the character and interests and prejudicial to55 words
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OPINIONS
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Article, Illustration1004 1993-05-29 22 Helen Chang - Helen Chang says population policy isn't something President Clinton should connect with the renewal of China's most-favoured-nation trade status Helen Chang The writer is a BT journalist ONE OF the most vivid memories I have of visiting Shanghai five years ago was looking out of1,004 words
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Article, Illustration1036 1993-05-29 22 Philip Bowring - Philip Bowring is surprised at the vast powers of the new Hongkong Monetary Authority Philip Bowring r/k- writer, a former editor of Far Eastern Economic Review, contributed this article to BT HONGKONG and Singapore have tendencies to copy each other, which is hardly surprising and good1,036 words
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Article, Illustration1152 1993-05-29 22 Neville Stack - Neville Stack fears that Bosnia will again prove to be the fuse that leads to the powder barrel, like it did early this century Neville Stack The writer is a UK-based journalist who contributed1,152 words
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136 1993-05-29 22 Lin Jian-guo - Lin Jian-guo JUDGING from recent press reports both in The Straits Times and Business Times, there appear to be rumblings of unfair speculation in the purchase of properties, particularly condominiums. It is gratifying that the Inland Revenue Authority of Singapore (IRAS) is looking136 words
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PROFILE
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Article, Illustration2239 1993-05-29 23 Lucy Hughes-Hallett - Writer, housewife and wit Gita Mehta talks to Lucy Hughes-Hallett about her family, marriage, Manhattan, and her very Indian novel, A River Sutra Lucy Hughes-Hallett The Independent Magazine WHEN I first met Gita Mehta she had just leapt from an aeroplane. She had recently turned 40 and sheThe Independent Magazine - 2,239 words
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PERSONAL FINANCE & INVESTMENT
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BULLS' EYE
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Article, Illustration51 1993-05-29 24 Those polled on their views oj the Singapore stoc k market lor the week ahead: Baring Securities. Daiwa Securities Singapore. DBS Asset Management. Morgan Grenfell Asia Securities. OCBC Securities. Lum Chang. Ong and Company. Phillip Securities. LOB Securities and WI Carr. Figures denote number of51 words
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Article189 1993-05-29 24 Daiwa Singapore (May 28) Sime Darby. Despite the flat interim earnings, buy for its diversification into the various major segments of regional economies. Sime Darby Hongkong became its top earner, boosted by the booming China and Hongkong economies, particularly the new airport project and strong construction sector. Sime's 30189 words
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Article, Illustration242 1993-05-29 24 Baring Research Ltd (Thailand) According to the Bank of Thailand, the economy should be operating within its key macroeconomic targets of 7.8 per cent GDP growth, inflation of less than 5 per cent and commercial bank loan growth under 20 per cent. Though the Thai242 words
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Article, Illustration272 1993-05-29 24 Peter Hames - Peter Hames Director Abtrust Fund Managers (S) Ltd Abtrust managed in excess of L'Ss3oom under its specialist Far Eastern Funds which include the L'K award winning Abtrust Pacific Fund. Abtrust Far East emerging economies Fund and Abtrust New Dawn Investment Trust. 44T HE major stock I markets272 words
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Article, Illustration1205 1993-05-29 24 Quak Hiang Whai - Australian currency and stocks are also gaining popularity as Quak Hiang Whai found out Quak Hiang Whai ASIAN equities are still high on most fund managers' list for the second half of 1993. Asked where they would invest their1,205 words
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844 1993-05-29 24 R Sivanithy - STOOC By R Sivanithy THE LINE between investing and speculating is a fine one. Much depends on the individual's time frame and holding ability buy and sell an asset within a few months, and you could be labelled a speculator. However, if individuals844 words
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Article, Illustration84 1993-05-29 24 Paul Leo - Paul Leo Buy Liang Court HoWngs Ud at 95.5 cants as it is ikely to trade towards $1.15. Another good reason for buying is that it is currently trading slightty above upward sloping trendline support Joining progressively higher lows since mid-April, the support is at 95 cents. RSISource: Bridge Info - 84 words
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Article, Illustration311 1993-05-29 24 Chew Eng Han - CHART By Chew Eng Han The writer is the assistant manager of investments at M l C income THH QUICK break above 1.760 in midApril has important long-term implieations for the Straits l imes Industrials Index. The 1976 level marked311 words
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Article, Illustration751 1993-05-29 25 Magdalene Ng - Magdalene Ng on why a car owner may have to pay a higher premium on an older car Magdalene Ng PETER LIM bought his Lancer two years ago for $30,000. Recently, his motor insurance agent sent him the premium renewal notice forSource: Dept of Statistics - 751 words
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Article, Illustration258 1993-05-29 25 Paul Leo - Spotlight currency By Paul Leo THE BRITISH House of Commons passed the Bill to ratify the Treaty on European Union on May 20, moving Britain closer to becoming the 12th and final nation to back a stronger and more united European Community. This might benefit theSource: Telerate - 258 words
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392 1993-05-29 25 JOUR Q: How do I apply for approved new share issues under the CPF Investment Account? A: You have to first open a CPF Investment Account and complete and submit the application form for the new issue. including the section to be completed by392 words
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Article, Illustration786 1993-05-29 25 Susan Tsang - Susan Tsang checks out the strong interest for the stamps Susan Tsang THE AUCTION of one of the finest collections of Siam stamps and covers realised 53.41 million, against auctioneer Christie's pre-sale estimate of $1.4 $1.6 million. All but two of the 364 lots786 words
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960 1993-05-29 25 Deposit amount l-wk l-mth 3-mth 6-mth Deposit amount l-wk l-mth Vnith 6-mth Amex Bank 100.000 Above ***** 2.6250 2.7M*) 2.8750 NZS nnnno nnnm nmn nfinm 10.000-49.999.99 ***** 4.6X75 4.6*75 4 6875 SJ5.000- US$20,000 0.0000 0.0000 0.0000 0.0000 snflfin A960 words
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PURSUITS
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Article, Illustration670 1993-05-29 26 SAMUEL EE - Motoring By SAMUEL EE IT HAS been said that in England, no 4WD helps you climb the social ladder better than a Range Rover. That's because no vehicle has as much character, or makes you look more "old rich" than it does. After all, how many four-wheel-drives have670 words
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Article, Illustration577 1993-05-29 26 JAIME EE - Cnmmis Review By JAIME EE WHAT makes a person go to see a Disney cartoon like Aladdin? To watch a blue genie do Jack Nicholson impersonations, or to sit back and revel in a magical experience where logic is suspended and one is elevated577 words
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Article, Illustration476 1993-05-29 26 MARK GRAHAM - i ravei iwus By MARK GRAHAM The writer is a Hongkong-based journalist who contributed this article to Executive Lifestyle DESIGNER dogs are the latest yuppie accessory in fad-mad China, where the once-universal ban on pets is gradually being eased. Pet shops and open-airPhotos by Mark Graham - 476 words
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HEALTH & FITNESS
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wLiWsm T% Notes
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Article118 1993-05-29 28 NYT YOUR grandmother didn't need a degree in molecular biology to know that her chicken soup was a cure-all. But if you doubted her wisdom, a new study has provided scientific evidence that she knew what she was talking about. Researchers have found that the anti-inflammatory actionNYT - 118 words
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Article142 1993-05-29 28 NYT A CHEMICAL found in soybeans is being tested for its ability to reduce mouth sores that may become cancerous. Researchers are giving soybean extract in a mouthwash to 24 people who have one of two such types of sores. Yet they stressed that theNYT - 142 words
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142 1993-05-29 28 NYT MIDDLE-AGED men and women who take supplements of vitamin E have far fewer heart attacks than people who don't, according to the results of two studies from the Harvard School of Public Health. Yet despite the positive findings, researchers involved inNYT - 142 words
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Article148 1993-05-29 28 NYT INFANTS who don't get enough cholesterol in their formula make over three times more of the substance themselves than those who get all they need in their mother's milk. Texas researchers have found. The results suggest that cholesterol is a crucial part of anNYT - 148 words
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Article105 1993-05-29 28 Prevention Health magazine WHICH of these foods would you say cling more to your teeth: Caramels or crackers? A hot-fudge sundae or a piece of bread? A dried fig or pufTed-oat cereal? Believe it or not, the stickier items are the second ones.Prevention Health magazine - 105 words
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Article, Illustration646 1993-05-29 28 Susan Tsang - Susan Tsang finds out the benefits of a fibrous diet Susan Tsang Everybody knows that dietary fibre is. or should be. an important part of our diets. Surveys of the Singaporean diet tell us that we eat too much fat, too much646 words
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PEOPLE
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Article, Illustration251 1993-05-29 28 MEMBERS and guests of the Institute of South-east Asian Business (Asean Institute) gathered for a cocktail on April 26 to launch the institute's first two-day Asean Forum from April 27 to 28. The Asean Institute is an association of Asean CEOs set up for the purpose251 words
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Article, Illustration168 1993-05-29 28 WHEN TGI Friday's, the American bistro, opened its doors for a private pre-opening celebration on May 8, the 150 guests were greeted by the legendary red and white striped awnings. Tiffany lamps, authentic antiques, elegant clutter. as Friday's likes to call them, such as musical instruments,Photos by Christopher Loh - 168 words
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TIME OFF
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Article, Illustration870 1993-05-29 29 Shahiron Sahari - Shahiron Sahari joins a crowd of Elvis fans at the Hearthrob to recall those old memories Shahiron Sahari Elvis presley, if he is well and truly dead, would probably not be rolling over in his grave if he were to watch Eddie870 words
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EPICURE
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Article, Illustration681 1993-05-29 30 SUSAN TSANG - Bm Appetit By SUSAN TSANG SENTOSA sounds like a place for golfers and tourists, but those who are neither can still find a good reason to visit the place. Lovers of Japanese food, especially fish, will Find that Takarajima Restaurant is a very persuasive681 words
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Article716 1993-05-29 30 N K YONG - Wine By N K YONG PICKING a great bottle of wine is no big deal. All you need is some knowledge (or just consult the books or your favourite guru) and some money. Matching wine with food is a different ball game. This comes down ultimately716 words
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TIME OFF
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Article266 1993-05-29 30 Sim Tine Next Year In yet another dinner-theatre performance, British Airways Playhouse and The Hilton Singapore present Bernard Slade's adulterous comedy. Last day today, 7pm at the Hilton Grand Ballroom. Tickets at $125 and $140 available from the Reservation Desk at The Hilton Singapore. ■fc* > vogMeno The Lyric266 words
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Article153 1993-05-29 30 La Vie Eii Hack With 50 French contestants here for the finals, this promises to be the French pop event of the year. Also features local band Culture Vulture. Today. 7.30pm at the PUB Auditorium. Tickets at 10 available from the Alliance Francaise. m —i*-» y;,§ n, nam kccvun153 words
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Article212 1993-05-29 30 The Bhn PtaMet Produced in cooperation with Nasa, this film takes you on a trip to space where the Earth seems suspended in a limitless void. The snag is that man is slowly destroying his own blue and beautiful planet. Ham, 12pm, 2pm, 4pm, spm and 6pm at the212 words
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Article, Illustration442 1993-05-29 30 Early Traders Of Siagapere (1819-1940) Discover the old ways of merchants and traders, from the familiar sack picks, weighing scales and rattan weighing hoops to a re-created river scene and rice wholesaler's shop. Til! June 30 at the Surrender Chambers Atrium, Sentosa Island. 9am-9pm daily. Free admission.442 words
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Article220 1993-05-29 30 Audrey Tan - Compiled by Audrey Tan SMBdMhK Three youngsters are trapped under a mass of rubble when a building collapses. Presented by The Necessary Stage, this play represented Singapore at the Cairo International Experimental Theatre Festival last year. Till June 6. Bpm; 3pm matinees today and June 5 at220 words
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Article, Illustration1073 1993-05-29 32 Aladdhi. A typical Disney adaptation of the old fairy tale, complete with rousing musical numbers. Great animation effects substantiated by Robin Williams' hilarious genie routine. Good fun. if not as endearing as Beauty and the Beast. Orchard: 11; 1.30; 4; 6.45; 9. Marina 1; 1; 3.30; 5.30; 7.30; 9.30.1,073 words
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Page 21 Advertisements
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Advertisement193 1993-05-29 21 ion 0 n 24-hour "Loan Information Service Approval" J >*** I 800 334 35 8 8 #1 8 0 0 T- 3 3 4-.3 6 8 8£ Vf vW vr}• Ve^birs.-. -v ,-i K v -"--vjsf-V- ?Vr g' v* Sp <g.w? 1 f'^ t- ."^H^ft-' Atiilahk < x< luttvrlt SINGAPORE:193 words
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Page 22 Advertisements
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Advertisement28 1993-05-29 22 BI welcomes letters from you. Please 1 address them to: The Editor. Business l imes 390 Kim Seng Rd. iS'pore 0923. letters should include your i contact numbers.28 words
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Page 22 Miscellaneous
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Miscellaneous75 1993-05-29 22 >:ilt;iJS.-M£BS»!B!!gil i cawt see, ucs S Ne UL D I OME. U)OULD a ic-iTiM IC, P\SOvjT... I psssome WoI p\SSOrOE J2*2r ?v TS2I 1 w WPvS TO PftSS I CAPPING »N With 000»..HG.'S NiCST GO'tJG jTVAe Running V J. I y'verses ia.il 4 ~e>. 143 rgi NHWlfe 3 mi 475 words
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Page 23 Advertisements
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Advertisement184 1993-05-29 23 H 1 1 I: H s m H H J^Hj Cartier Boutique/ SINGAPORE Palais Renaissance, #01 -03, 390 Orchard Road. Tel: *****93 Hilton International, #01 -04, The Shopping Gallery, 581 Orchard Road. Tel: *****95 I ira /I 1 i L iK II f 1 I J lil I l i184 words
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Page 24 Advertisements
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Advertisement9 1993-05-29 24 ■> >rri]i?s]3 1 ii 1 A Monday in Business Times9 words
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Page 25 Advertisements
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Advertisement35 1993-05-29 25 Clear your doubts on how to invest your CPF savings with the panel from DBS Bank. Send your questions to Business Times. Investment Q A A, 390 Kim Seng Road, *****. Or fax to 733-527135 words
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Page 27 Advertisements
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Advertisement272 1993-05-29 27 iAlwi lIJ VAI J^^^HB^^^^^^^HP*p3|||^Hfe._ 5k i irTMiiCTTi'; iiP'TT'iiffl 43 Heart Necklace Pink Diamonds JsC4| —Mta». I 82cts White Diamonds 1 60cts 34,000 Sl3 800 *L& 43 44 Prnk Diamond Sohtaire 1 nets 36.000 SlB 500 l|Jp 46 Pendant Yeltow Diamonds 1 47cts 6.200 S ,000 4$ 49 Tennis Braceiet 05272 words
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Page 29 Advertisements
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Advertisement81 1993-05-29 29 THANK YOU FOR TEN GREAT YEARS. WE COULDNT HAVE DONE IT WITHOUT YOU. WATCH OUT FOR MORE GREAT EVENTS WE'VE GOT &\M( Jjfi lined up for you in conjunction with our birthday CELEBRATIONS. jjH^ JAEGER Cashmere Cardigan $950 LESS! no/ m parted Leather Wallets At Special Price ™B LESS IO%81 words
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Page 30 Advertisements
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Advertisement68 1993-05-29 30 SUPERSTAR HERE Free KTV room for orders above $500 Qf 8 Private KTV rooms singing pleasure jr pi Every-nite: 7pm to 2.45 an Easy Parting ctobe&t (dC9"tj CfCaMoke (KTV) -^^OKjSIII 42 East Coast Road, #02-00 Lai Lai Complex S'pore 1542 Tel: 344-1939,344-2987, 344-4995 Birthday Parties Free Champagne for orders above68 words
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Page 31 Advertisements
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Advertisement664 1993-05-29 31 Nothing Beats ABucLtV^J Of I I&" v_^ 111 amm 'v I Alan Ng, f«*xJ writer of l.ianhc Zaobao,"ll's a high lea 1 of dislincl difference fn>m those we had tried locally Why go Penang? I Princess Terrace Cafe introduces Penang High Tea I with favourites like Penang Laksa, Fried Kway664 words
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Advertisement294 1993-05-29 31 WHERE TO WINE, DINE AND ENTERTAIN Our Bird's Nest will IT please your palate as well I j as your pocket. II We've just added Bird's Nest ll delicacies to our menu at really IP 1 i affordable prices. I flnPyßw H Whether it's a Bird's Nest main dish I294 words
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Advertisement387 1993-05-29 31 Detectable Yoag Dou-Fu Battel at I Chatterbox every Saturday aad Sunday. I 12.30 pa to 5 pa I $14.50 per penoa j St. 50++ per child (below 10 yrm) j Mezzanne S«aiptaoa« CoatiaeaUl Local Afteiaooa I rr Tea spread at Mezzaaiae Loaage. Dally. I 2 pa lo ft pai I387 words
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Page 32 Miscellaneous
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Miscellaneous2409 1993-05-29 32 TODAY'S TV S 1£45 Kelab Rernaja AngkasaShakila, 3.30pm, SBC 5 Wonders In China, 9am, SBC 8 Jflk 15 S«SaTsseiai A young groupie named Shaki- This week, a grand Mongolian V»- 3.30 Varia Sam. la manages to impress her sing- sports event. Cantonese opera P' 1 7" jHBMBo jfPf a 4.002,409 words
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