The Business Times, 26 June 1993

Microfilm: NL18530
Total Pages: 34
1 34 The Business Times
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  • Title Section
    Masthead
    14 1 BUSINESS TIMES WE KNOW ASIA MITA (P) 552/12/92 Weekend Edition. June 26-27 1993 75'
    14 words
  • Article, Illustration
    KL and S'pore stocks go into free-fall before late buying stops rout
    554 1  -  From Leslie Lopez and Quak Hiang Whai in SINGAPORE SINGAPORE Investors' hearts skipped a beat in Singapore and Malaysia yesterday as share prices went into a free-fall before bargain-hunters stepped in to save the day. Mirroring the wild
    554 words
  • Article
    Lock icon Al Gore breaks Senate deadlock to clear Clinton's Bill
    500 1 AP Bloomberg Reuter WASHINGTON The American Senate yesterday passed the largest deficit-reduc-tion plan in the nation's history with Vice President A! Gore casting the deciding vote. The Senate Bill was fashioned by Democrats to cut the deficit by USSSOO billion over
    AP; Bloomberg; Reuter  -  500 words
  • Article
    Indonesia slaps exit ban on 300 businessmen over debt to state banks
    387 1  -  From Maggie Ford in JAKARTA A MAJOR public controversy has arisen in Indonesia over bad debts allegedly owed by companies to state-owned banks, which may have reached as much as US$l2 billion (S$ 19.4 billion). The government has
    387 words
  • Article
    Bangkok urged to revamp laws to boost foreign investment
    584 1  -  From Andrew Cooke in BANGKOK THE Board of Trade has urged sweeping changes to laws controlling foreign investment in key Thai industries and limits on individual foreign investors' shareholdings. The board's economic committee yesterday said sections of the Alien Business Law
    584 words
  • Article, Illustration
    Lock icon KL banker Lorrain pleads guilty to one corruption charge
    252 1 Reuter HONGKONG Malaysian banker Lorrain Osman (above), who lost a seven-year battle against extradition from Britain. pleaded guilty yesterday to one corruption charge in Hongkong's decade-old Carrian loan scandal. Osman, former chairman of Bumiputra Malaysia Finance Ltd. admitted he conspired to
    Reuter  -  252 words
  • 2am LATEST
    • Article
      Lock icon EC to forge ahead with single oil market
      74 1 Reuter LUXEMBOURG European Community energy ministers, brushing aside deep misgivings by Norway, agreed yesterday to finalise an agreement in September on a single market in the oil sector. An EC statement agreed to resolve all the issues standing in the way of
      Reuter  -  74 words
    • Article
      Lock icon Israelis, Palestinians seek US intervention
      66 1 AFP WASHINGTON Israeli and Palestinian delegates in Washington said yesterday that they are hoping the United States would step in before peace talks wrap up next week to put their negotiations back on track. US intervention could come in the form of a new plan
      AFP  -  66 words
    • Article
      Lock icon US to help raise US$4b for Russia
      72 1 Reuter MOSCOW American foreign aid chief Brian Atwood pledged yesterday to pursue the goal of raising USS4 billion (556.4 billion) from the West to help Russia's privatisation drive but conceded that it was not realistic for the time being. He said the US
      Reuter  -  72 words
  • Article, Illustration
    MARKET SUMMARY
    118 1 Stock market indices KrMaj C haitge STII 1771.67 +0.77 KLSE Composite 708 80 +7.14 Nikkei 19.659.57 -25.50 HangSeng 7.014.08 -48.56 SET Index 896 56 2.48 Jakarta Composite ...358 89 +0.50 CLSA China B 969.69 6.11 Aust All Ord 1.700 4 +0.7 FTSE 100 2,887.5 -7.2 frta) Prr»knfs I
    118 words
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  • SINGAPORE NEWS
    • Article
      Sarawak aims to be part of S'pore-Johor-Batam triangle
      300 2  -  By Teh Hooi Ling MALAYSIA'S largest state, Sarawak, hopes to be part of the Singapore-Johor-Batam growth triangle. Talib Zulpilip. permanent secretary in Sarawak's Ministry. of Industrial Development. said yesterday that the state was talking to Singapore and Batam officials to try and
      300 words
    • Article
      Shell to build $50m co-generation plant
      233 2  -  By Lilian Ang ANGLO-DUTCH Shell is pumping in $50 million to build a co-generation plant, wbieh will produce enough electricity to supply up to a quarter of its Pulau Bukom refinery's future energy needs. A Shell statement yesterday said the new plant, which will
      233 words
    • Article, Illustration
      Hexagon to double investment to $22m by 1995
      166 2 PRECISION components maker Hexagon Technologies plans to double its fixed assets investments in Singapore from Sl2 million today to 522 million by 1995. This was announced yesterday by Ho Tat Kin. member of parliament for Toa Payoh GRC. who was the guest-of-honour
      166 words
    • Article
      Still room for good housing projects in Bangkok
      187 2 DESPITE the oversupply of residential properties in Bangkok. there is still room for good quality development projects in the Thai eapital. a visiting developer said. Sahaviriya City executive director Kelv in Choi said Thai residential property prices have not fallen even though
      187 words
    • NEWS ROUNDUP
      • Article
        Community fund-raising draw
        65 2 THE Fund-Raising and Management Committee of the National Community Organisations Council (NCOC) will conduct a donation draw tomorrow at the Ministry of Community Development Community Hall at 10am. The donation draw was launched by the NCOC in last December to raise funds for the Community Development Fund.
        65 words
      • Article
        YCH Group opens Roche districentre
        54 2 LOGISTICS operator, the YCH Group, yesterday officially opened a distribution centre at its Tuas distripark for Switzerland's Roche Pharmaceuticals and Chemicals Ltd. Roche will use Singapore as its regional distribution hub instead of Hongkong. The YCH Group will take charge of Roche's total logistics operations,
        54 words
      • Article
        China business conference in August
        80 2 A THREE-DAY conference on Doing Business in China will be held on Aug 19-21 to help Singapore businessmen venturing into the market. Dr Goh Keng Swee, executive chairman of the Institute of Hast Asian Political Economy, will deliver the keynote address. The event is jointly
        80 words
      • Article
        S'pore, Bahrain in tax exemption pact
        64 2 SINGAPORE Singapore and Bahrain yesterday agreed to grant a reciprocal tax exemption on income from international air transport. A statement from the Ministry of Finance said the bilateral agreement exempted Singapore air transport companies from paying tax to Bahrain on income earned from the
        64 words
      • Article
        Local firm's China edible oil plant
        59 2 SINGAPORE-based Thian Bing Investments, the China investment arm of the Indonesian Hasil Group, signed a contract yesterday with Yantai Aquatic Products Group to invest in a USS3O million (5548.6 million) edible oil plant in Yantai. Shandong province. Thian Bing holds a 70 per cent
        59 words
    • Article
      Fifth accused to be tried jointly
      487 2  -  Hearing on OSA case By Ramesh Divyanathan THE Subordinate Court yesterday ordered the fifth man accused of breaching the Official Secrets Act (OSA) to be tried jointly with the other four accused. The trial of the five men will be held from Oct 21
      487 words
    • Article, Illustration
      Culture vital for country's success: LKY tells Aussie magazine
      489 2  -  From Brian Gomez in SYDNEY SENIOR MINISTER Lee Kuan Yew has told an Australian business magazine he believes that culture is the key determinant to a country's economic performance. In an article headlined "Singapore's Roar", Australian Business Monthly reports that Mr
      489 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      1117 2 g§~-U| FRASER AND NEAVE LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) Results For The Half Year The directors are pleased to make the following preliminary announcement of the unaudited results for the six months ended 31st March I GROUP I I COMPANY i 1993 1992 Change 1993 1992 Change SS'OOO
      1,117 words
    • Advertisement
      Page 2 Advertisements Column 2
      84 2 IMB Trends is a publication of the Institute of Southeast Asian II dIU9 Studies Is China's economy overheating? The runaway economic growth which China is experiencing is not necessanly a good thing, says an analyst writing in this month's issue of Trends Vietnam's private sector and the cntical juncture in
      84 words
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  • THE REGION
    • Article
      China makes first counter proposals to Patten's plans
      481 3  -  Sixth meeting ends on positive note but analysts warn of false dawns From Stephen Vines in HONGKONG CHINA has made its first counter proposals in six rounds of Sino-British talks on plans for democratic reform in Hongkong. This emerged yesterday as the
      481 words
    • Article, Illustration
      Lock icon Caught in the short arm of the law
      66 3 Reuter KARACHI A short Pakistani policewoman and a plainclothes policeman with a baton grappling with a member or Benazir Bhutto's Pakistan People's Party at a rally here on Thursday. A spokesman Tor the opposition PPP said 67 women activists were arrested to
      Reuter  -  66 words
    • Article
      Lock icon Timorese challenge Australian-Indonesian oil treaty
      273 3 Timorese challenge AustralianIndonesian oil treaty Reuter SYDNEY Exiled Timorese yesterday launched a challenge in Australia's highest court to the 1989 oil exploration treaty for the potentially rich Timor Gap sea bed between Australia and Indonesia. Legal experts said the move could jeopardise hundreds of millions of dollars' worth of investments.
      Reuter  -  273 words
    • Article
      Khmer Rouge accepts Sihanouk's offer of advisory role
      451 3  -  By Harish Mehta SINGAPORE The Khmer Rouge guerillas yesterday announced that they had accepted an offer by Head of State Prince Norodom Sihanouk to become advisers to an interim Cambodian government but they face resistance from the Phnom Penh government. The Cambodian
      451 words
    • Article
      Lock icon Vietnam set to develop forex and capital markets
      214 3 Reuter HANOI Vietnam is set to upgrade its banking system by establishing an inter-bank market in the dong and a domestic inter-bank foreign exchange market, officials of the central bank, the State Bank of Vietnam. said yesterday. The bank has approved the
      Reuter  -  214 words
    • Article
      Chuan govt working on three-pronged strategy to boost business confidence
      431 3 SINGAPORE The Chuan Lcckpai government, buoyed by its victory over the Opposition in the recent no-confi-dence debate, is working on a new strategy to build up business confidence in Thailand and abroad. The pro-active strategy, which has three elements, marks
      431 words
    • Article
      Lock icon Rafidah warns of new split within Umno
      510 3 AFP KUALA LUMPUR A senior minister yesterday warned that Malaysia's largest political party could be further split by a planned move by former deputy prime minister Musa Hitam to contest crucial party polls in November. "Rather than contest, Musa should concentrate on his
      AFP  -  510 words
    • ASIA NOTES
      • Article
        Lock icon Japan's inflation up 0.1 pc
        64 3 AFP lOKYO Japanese consumer prices in May rose 0.1 per cent from April and 0.9 per cent from a year earlier, the Management and C oordtnation Agency said yesterday. Meanwhile, consumer prices in Tokyo a leading indicator of nationwide inflation in June were down 0.1
        AFP  -  64 words
      • Article
        Lock icon Aussie firms relocating to Philippines
        59 3 AFP MANILA Three Australian firms plan to relocate to the Philippines and several others are considering opening outlets following an investment mission here this week, the group's consultant said yesterday. He said Australian businessmen are attracted by low labour costs and the presence of raw
        AFP  -  59 words
      • Article
        Lock icon Victims of investment scam get help
        97 3 Reuter AP BEIJING China has started registering victims of a US$l75 million (SS2BO million) investment swindle as the government tries to work out who will eventually foot the bill. Some 14 "compensation centres" have been set up here to help people log claims against
        Reuter; AP  -  97 words
      • Article
        Lock icon Philippine-S'pore war games end
        60 3 AFP P-ORI MAGSAYSAY, Philippines Philippine and Singaporean military officials yesterday declared their first joint war games a success and said the exercises would be held annually. During the 10-dav manoeuvres, held at this army base north of Manila, the Singaporeans impressed their hosts with their modern
        AFP  -  60 words
      • Article
        Lock icon Robots' birth rate falls
        65 3 Reuter TOKYO Robots were not spared Japan's recession their birth rate tumbled 29.4 per cent, a record fall, to 56,374 last year, the Japan Industrial Robot Association said yesterday. Japan's robot population has been rising 10 to 20 per cent a year since 1980 except in
        Reuter  -  65 words
      • Article
        Lock icon Taipei to improve copyright protection
        65 3 Reuter TAIPEI Taiwan's Cabinet, under pressure from the United States, yesterday approved a four-year plan to strengthen protection of foreign copyrights and stamp out piracy of computer software, laser discs and other goods. The government will set up a special bureau under the Economics Ministry
        Reuter  -  65 words
      • Article
        Lock icon Typhoon heads for Philippines
        49 3 UPI MANILA A potential killer typhoon with peak winds of 250 kph raced towards the Philippines yesterday, threatening coconut and rice farms on the main northern Luzon Island. The Manila weather bureau said Typhoon Koryn was expected to hit the north-east Philippines this afternoon. UPI
        UPI  -  49 words
    • Article
      Cairns Group tries to end internal row over Canadian beef tariff
      396 3  -  From Alan Boyd in BANGKOK THE Cairns Group of farm producers yesterday tried to smooth over a rift between two of its members on the eve of crucial trade talks expected to be dominated by the Japanese political crisis.
      396 words
    • Article
      Lock icon Japan to spend US$70b in aid over 5 years
      216 3 AFP TOKYO Japan fixed yesterday a target of USS7O-75 billion in official development aid (ODA) to other countries between 1993 and 1997, up 40-50 per ccnt from the previous five-year plan, officials said. The plan, approved at a Cabinet meeting yesterday,
      AFP  -  216 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      322 3 I'm K§ppf| Corporation Limited (lncorpo«ate<J in the Republic ol Smgapo«ei ANNOUNCEMENT PAYMENT OF INTEREST ON *****,167,910 1.5% UNSECURED CONVERTIBLE LOAN STOCK DUE 1997 ("LOAN STOCK") TO LOAN STOCKHOLDERS NOTICE OF CLOSURE OF BOOKS Pursuant to the lerms ol issue of the Loan Stock interest on the Loan Stock at the
      322 words
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  • THE WORLD
    • WORLD WATCH
      • Article
        Lock icon Rightists disrupt democracy talks
        85 4 Reuter JOHANNESBURG Right-wingers demanding a separate white homeland stormed South African demoeraey talks yesterday, smashing through the glass doors of the conference venue with an armoured vehicle. Delegates debating the transition to black majority rule lied for safety as armed members of the African Resistance Movement
        Reuter  -  85 words
      • Article
        Lock icon US troops heading for Macedonia
        72 4 Reuter BERLIN A contingent of US troops will leave for Macedonia in the next few weeks to help the Yugoslav conflict Irom spreading there, a US military spokeswoman said yesterday. "Their date of departure is scheduled for early to mid-July," she said. The secondment follows
        Reuter  -  72 words
      • Article
        Lock icon Diplomats in UN bombing plot: report
        100 4 Reuter NEW YORK Two men from the Sudanese UN mission planned to help alleged conspirators blow up the United Nations headquarters in New York, the ABC television programme Nighlline reported late on Thursday. Security in New York was tightened to its highest level since
        Reuter  -  100 words
      • Article
        Lock icon No joint rate cuts with France: Waigel
        72 4 Reuter COLOGNE. Germany German Finance Minister Theo Waigel said Germany and France would not cut interest rates in a concerted action. Asked in a radio interview yesterday if there would be a concerted interest rate cut with France, Mr Waigel said: "No. that
        Reuter  -  72 words
      • Article
        Lock icon Brittan may seek EC presidency
        70 4 Reuter LONDON European Community Trade Commissioner Sir Leon Brittan is considering putting himself forward as a candidate to succeed Jacques Delors as president of the European Commission, the Guardian newspaper said yesterday. The newspaper quoted unnamed advisers in Brussels to the former British Conservative trade
        Reuter  -  70 words
    • Article, Illustration
      Lock icon No case for change in UK interest rates: Clarke
      413 4 Reuter LONDON Chancellor of the Exchequer Kenneth Clarke said he and the Bank of England governor agreed there was no case for a change in British interest rates and warned that taxes may have to rise to cut the country's public
      Reuter  -  413 words
    • Article
      Lock icon US sales optimism for 3rd quarter edges up
      426 4 UPI NEW YORK US business executives' expectations of increased sales in the third quarter rose modestly from the same period a year earlier, boosted by the services sector, a Dun and Bradstreet survey revealed on Thursday. In its latest quarterly survey of
      UPI  -  426 words
    • Article
      Lock icon EC wants basic policy changes to create more jobs
      298 4 AFP BRUSSELS The European Community is seeking fundamental changes in employment policy in order to create jobs, the EC's social afTairs and employment commissioner. Padraig Flynn. said here on Thursday. Addressing an EC employment committee, he said social charges and workplace
      AFP  -  298 words
    • Article
      Lock icon US slaps delayed sanctions on Russia over missile dispute
      205 4 NYT WASHINGTON The US has imposed sanctions on Russian companies for selling missile technology in violation of international export controls but this will take effect only in mid-July, Clinton administration officials said on Thursday. The sanctions have been waived until mid-July
      NYT  -  205 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      1071 4 <$> CENTREPOINT PROPERTIES LTD (INCORPORATED IN THE REPUBLIC OF SINGAPORE) hhißesults For The Half Year^^^m The directors are pleased to make the following announcement of the unaudited results for the six months ended 31st march:I GROUP 1 COMPANY 1993 1992 Change 1993 1992 Change SSOOO S5OOO SSOOO SSOOO RENTAL INCOME
      1,071 words
    • Advertisement
      Page 4 Advertisements Column 2
      504 4 1 confucius 2k sr:s= 1 vG A T m 1000wn to 6pm 5*5 I CULTURE i >0 Data 29 June 1993 (Saturday) W 9. ATllfC |yi 1 CSS IX llftl lib III 1 Hill Trad# A Investment Opportunities in v/ IMS 5 If 1 Shandonfl Mlx h-h Venue Hall2.World Trade
      504 words
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  • COMPANIES & MARKETS
    • Article
      Properties stand out as F&N posts 16pc rise in net profits
      511 5  -  By Genevieve Cua SINGAPORE Beverage group Frascr Ncavc yesterday unveiled interim results showing a 16 per cent rise in net profits to $40.1 million. The results for the sixmonth period ended March 31 were achieved on a modest 4.2
      511 words
    • Article
      Outstanding sell contracts must be settled within 10 days: SES
      264 5 SINGAPORE The Stock Exchange has stepped in swiftly to curb short-selling in the present bear market. In a letter to broking houses dated Thursday, the SES said that with effect from June 30, all outstanding sell contracts have to be
      264 words
    • Article
      Telecom still working towards September/October share launch
      308 5 SINGAPORE Singapore Telecom is "still working towards a September or October share launch this year". The telecommunications giant was replying to a BT query following rumours that its share flotation will be delayed. However, its reply, given in a statement, gave no further
      308 words
    • Article
      Metalock earnings plunge 50.4 pc to $2.2 m
      232 5 SINGAPORE In line with expectations, Sesdaq-listed Metalock yesterday reported a 50.4 per cent plunge in earnings for the year ended March 31, mainly due to a drop in investment income and an increase in interest charges. In its unaudited full-year results, Metalock
      232 words
    • Article
      Big Four laggard Hitachi Zosen has a lot of catching up to do
      883 5  -  HOCK LOCK SIEW By Rahita Elias SINGAPORE Foo Meng Kee, managing director of Hitachi Zosen Singapore, has a lot on his mind these days. The company has just announced the worst set of results among the Big
      883 words
    • Article
      FCC poised to turn in record full-year earnings
      369 5  -  By Lilian Ang SINGAPORE Propertybased First Capital Corporation (FCC) is set to chalk up record profits this year, riding on the back of the bullish residential property market. Figures in the group's rights issue prospectus, released yesterday, showed that the listed group
      369 words
    • Article
      Hour Glass' after-tax profits up 36pc amid strong competition
      228 5 SINGAPORE Luxury watch retailer The Hour Glass has turned in a 35.9 per cent increase in after-tax profits despite the competitive climate in the retail sector. Its group after-tax profits rose from $4.33 million the previous period to 55.89 million. Operating
      228 words
    • Article
      Lock icon Kan/en gets Jiangsu nod for power plant
      117 5 Bernama KUALA LUMPUR Kanzen Bhd has obtained the approval of the Chinese authority on its proposed coal-fired power plant project in the Jiangsu province. Executive director Eu Hong Chew told a news conference here yesterday that the Jiangyin municipal government has approved the
      Bernama  -  117 words
    • Article, Illustration
      Lock icon SUMMARY
      373 5 Source: Bridge Info Performance of STII's Index stocks Jun 25 Last Sens* lade\ Slock sale hce factor Mim N Avimo 2.150 -0.150 I 70 0 00 C4( 6950 548 J.46 (erebos 5 150 -0 050 4 06 0 00 FAN ***** 9 08 0 00 OF Asia 2 760
      Source: Bridge Info  -  373 words
    • COMPANIES
      • COMPANY BRIEFS
        • Article
          Alexandra Hldgs' net profit up 35.5pc
          57 6 SINGAPORE Alexandra Holdings group net earnings for the year ended March 31 rose 35.5 per cent to $1.48 million trom the previous corresponding period. The company is recommending a first and final div idend of 6 per cent. The directors expect the listed company
          57 words
        • Article
          Orchard Parade appoints chairman
          60 6 SINGAPORE Ng Teng Fong's Orchard Parade Holdings has appointed Phillip Ng Chee Tat as chairman and director of the company with effect from yesterday. A son of the property tycoon, Mr Ng. 35/ is currently the chief executive of Far East Organisation Group in Singapore. He
          60 words
        • Article
          Change in trading basis
          30 6 SINGAPORE DBS Bank's non-redeemable convertible preference shares will cease to trade on a "when-issued" basis and will begin trading on a "ready" basis from next Wednesday.
          30 words
        • Article
          Acma, HK firm in magazine tie-up
          50 6 SINGAPORE Acma Ltd has agreed to form a joint venture with a Hongkong-based firm to publish, distribute and sell a weekly magazine named I ideo Guide. The Hongkong company is Gemstar Publications. The magazine will carry entertainment and leisure articles together with television programmes.
          50 words
        • Article
          Lock icon Australia's Transfield in China venture
          71 6 Reuter SYDNEY Australian civil engineering group Transfield Holdings Pty Ltd has secured an As2ls million (***** million) contract to design and build a synthetic ammonia feedstock plant in China in partnership with Toyo Engineering and Marubeni Corp. The project, at Lanzhou in Gansu province, south-west
          Reuter  -  71 words
        • Article
          Lock icon Shell to prospect for oil in Jiangsu
          104 6 AP BEIJING The Shell Group of Britain has signed a contract with a Chinese company to prospect for oil in east China's Jiangsu province, the official Xinhua News Agency said yesterday. The licence allows Shell to prospect for seven years and sink wells
          AP  -  104 words
        • Article
          Lock icon Philips unit expects a loss this year
          70 6 Reuter NUREMBERG, Germany Philips Kommunikations Industrie AG, the German unit of Philips Electronics NV, expects to record a clear loss on lower sales this year. Management board chairman Manfred Schmidt told shareholders that its sales fell 20 per cent in the first half
          Reuter  -  70 words
        • Article
          Lock icon US group buys into Fletcher operations
          55 6 Reuter WELLINGTON New Zealand's Fletcher Challenge Ltd (FCL) said a US investor group has bought a 49 per cent interest in its Chilean operations for U*****.5 million (S$ 198.4 million). The proceeds will be used to reduce debt. The stake is in FCL's Chilean
          Reuter  -  55 words
      • Article
        Lock icon British firms see higher output despite dip in export demand
        238 6 Reuter LONDON British manufacturers expect output to continue rising over the next four months in spite of a slight weakening in export demand, a Confederation of British Industry trends survey for June said yesterday. The survey showed that total order
        Reuter  -  238 words
      • Article, Illustration
        Lock icon Pepsi, Indian soft drinks makers brace up for battle as Coca-Cola returns
        372 6 AFP NEW DELHI Indian soft drinks moghuls and rival Pepsi are gearing up for a battle with the "Real Thing" after the Indian government gave the green light to the return of Coca-Cola. 16 years after it left
        AFP  -  372 words
      • Article
        BHP's after-tax profits soar 132 pc to A$1.2 billion
        408 6  -  From Brian Gomez in SYDNEY AUSTRALIA'S largest company, BHP Ltd. yesterday announced after-tax profits ot AS 1.19 billion (551.28 billion) for the financial year ended May 31. a rise of 132 per cent over the previous year. Profits soared in the
        408 words
      • Article
        Lock icon Qantas a step closer to flotation with US debt placement
        260 6 AFP SYDNEY Australia's flag carrier Qantas has taken another significant step to its As 2 billion (SS2.I billion) public float, announcing yesterday the successful placement of ASS6O million of debt with US investors. The offering was so well received that
        AFP  -  260 words
      • Article
        Lock icon New Motorola chip set to give Intel a run for its money
        299 6 Reuter NEW YORK Motorola Inc fired the latest salvo on Thursday in its battle to take on Intel Corp as a major provider of the next generation of microprocessors to power personal computers and other communications devices. Motorola
        Reuter  -  299 words
      • Article
        Lock icon Murdoch's News Corp steps up acquisition efforts
        512 6 Reuter SYDNEY News Corp, Australian tycoon Rupert Murdoch's global media giant, has embarked on an active acquisition strategy for the first time in more than two years in a bid to shut the door on its debt-ridden past, media analysts say. The company
        Reuter  -  512 words
      • Article
        Lock icon Dunhill, Rothmans, Richemont agree to business split
        346 6 Reuter LONDON Cie Financiere Richemont, Rothmans International pic and Dunhill Holdings pic said yesterday that they have agreed to split their tobacco and luxury goods businesses into two new quoted groups. The new tobacco group will retain the name Rothmans but will also
        Reuter  -  346 words
      • Article
        UNIT TRUSTS & FUNDS
        488 6 UNIT TRUSTS FUNDS Mainn prictt Jun 26 Sl 28 Insurance Fund Singapore Unit Trust Income Bond Policv n i M .1 328 3.40 the Commerce 1.32 1 39xd mw— The Savings Fund 1 20 1 26 PruLink Mgd Fund 1.12 1.18 S'porc Prog Fund S'porc See Fund 055 0 89
        488 words
      • Article
        DIVIDENDS ANNOUNCED
        965 6 Pav meat Ex Books Pay <%) date close date Acma F 7.5 Jun 10 Jun 22 Jul 5 Amcol 25* F 20 Jul 13 Jul 19 Aug 16 Apollo F 2.5 Jun 21 Jun 25 Jul 15 B Raya F 3 Mav 25 Jun 9 Jul 8 B
        965 words
    • FINANCE
      • Article
        Lock icon Franc could replace mark as ERM anchor: Bundesbank
        415 7 But analysts say that's unlikely to happen in the short term Bloomberg Business News LONDON The French franc could replace the Deutschemark as the anchor currency of the European exchange rate mechanism, senior Bundesbank spokesman Manfred Korber said in a newspaper interview.
        Bloomberg Business News  -  415 words
      • Article
        Lock icon Earnings of French banking groups down 36pc
        328 7 Reuter AFP PARIS The group-share net result of eight big French banking groups was down by 36.3 per cent last year from the previous year, to 10.8 billion francs against 17.0 billion in 1991, the French Banking Commission said on Thursday in its
        Reuter; AFP  -  328 words
      • Article, Illustration
        Lock icon EBRD president resigns, blames press attacks
        193 7 Reuter LONDON Jacques Attali, the flamboyant and controversial president of the European Bank for Reconstruction and Development, resigned yesterday, saying press attacks against him had begun to undermine the bank's work. In a letter to the chairwoman of the EBRD's board of governors, Swedish
        Reuter  -  193 words
      • Article
        Lock icon FDIC slashes estimate for bank failures
        277 7 Reuter WASHINGTON Federal regulators on Thursday slashed by 60 per cent their projections for bank failures this year and chopped their 1994 estimate by more than half, further signs that the worst of the banking crisis is over. The Federal Deposit Insurance Corp said
        Reuter  -  277 words
      • Article, Illustration
        Greenback set to continue surge
        448 7 DBS Weekly Currency Report USS/DMK; Daily advances expected to continue The US dollar traded through resistance of 1.6850 on Monday and made further headway each day to reach 1.7135 by Thursday. Although the daily and weekly stochastics are overbought, the trend remains bullish with resistance
        448 words
      • Article
        Lock icon The American International Group seeks representative office in Vietnam
        375 7 AP HANOI The American International Group, a major insurance and financial services company, has applied to open a representative office in Vietnam, the official Vietnam News Agency reported on Thursday. The report quoted Leslie J Mouat, manager of the New Hampshire
        AP  -  375 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        130 7 THE US$ took a tumble across the board yesterday, especially against the yen, guided by comments about the yen rise being good for Japan US trade imbalance. Against the SS, the USS also took a bashing. From an overnight high of 1.6353, the USS was
        130 words
      • Article
        Lock icon London
        174 7 Reuter LONDON The yen shrugged o(T recent weakness and took over from the dollar as the most wanted currency in European trading yesterday, ending the day sharply higher. Traders said the yen's revival was due to pro-yen comments from the United States, less concern in the market about next
        Reuter  -  174 words
      • Article
        Lock icon New York
        90 7 AFP NEW YORK The dollar fell against major currencies except the French franc yesterday in quiet trading following reports that President Bill Clinton would be satisfied to see the yen at 105. The dollar was trading at 1.7055 German marks against 1.7070 at Thursday's close and at 106.30
        AFP  -  90 words
      • Article, Illustration
        Untitled
        1436 7 Iradr-H rtfhlrd index calculated against S pare s Hip 14 trading partners Base year W US$/S$ forward rates Noon June 25 SS Bid Offer 1-month 1.6220 1.6235 2-month 1.6219 1.62)4 i-month 1.6218 1.6233 6-month 1.621S 1.6235 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 11m m Jaw 25: Siagapore dollars
        1,436 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon US to give more export assistance to its grain producers
        365 9 Reuter AFP WASHINGTON The US Agriculture Department said it would seek to counter subsidised grain exports from other countries with export assistance for 32 million tonnes of US wheat exports to 76 countries beginning July 1. "This...is an important element
        Reuter; AFP  -  365 words
      • Article
        Lock icon Taiwan to allow private firms to run oil refineries
        203 9 AFP TAIPEI Taiwan will allow private local firms to build oil refineries, import crude oil and sell oil products, relaxing a four-decade government monopoly on petroleum, economic officials said. Private companies with sufficient pollution control facilities and other necessary equipment will
        AFP  -  203 words
      • Article
        London, NY futures prices rise in cautious pre-weekend trade
        347 9 Bloomberg ENERGY REPORT LONDON Oil futures prices showed moderate gains in London and New York as traders said while the market isn't poised for a rally, it is showing surprising strength. Crude prices have stumbled about 10 per cent since the
        347 words
      • Article
        Lock icon British pound restrained by political problems surrounding Major's govt
        439 9 Reuter LONDON Political turmoil surrounding Prime Minister John Major's government is reining in the British pound while other currencies bound ahead against the German mark, financial analysts said. "Sterling should start moving higher eventually," said Julian Callow, treasury economist at securities
        Reuter  -  439 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars and Euroyen end firmer
        1442 10 SIMEX REPORT Reuter SINGAPORE Simcx Eurodollar interest rate futures ended marginally firmer in light, uneventful trade, as the absence of fresh incentives kept traders sidelined, market participants said. They said the Eurodollar contract subsided into thin range trading after a brief spell of early buying
        Reuter  -  1,442 words
      • Article
        Tin closes all-time low of M$12.74
        613 10 COMMODITY REPORTS Tin TIN PRICE closed at an all-time low of MS 12.74 per down 16 cents from Thursdays close, mainly due to a sharp fall in London market last night, traders said. The previous low level was M$ 12.90 set on June 24.
        613 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Brazil may change coffee-credit policy
          76 10 PATROCINIO, Brazil Brazil's coffee-credit policy this year may be revamped depending on the outcome of a July 3 meeting to decide on the creation of a producer-country association, said Gilson Ximenes, director of the National Coffee Department. He said some of the US$BOO million originally
          76 words
        • Article
          India may allow coffee exports
          48 10 NEW DELHI India's coffee planters are likely to be granted permission to export some of their produce directly following a July 2 meeting of the state-run Coffee Board, industry officials say. That meeting will discuss the issue of deregulation of India's coffee industry.
          48 words
        • Article
          Ghana acts on cocoa plant diseases
          59 10 ACCRA, Ghana Ghana has begun implementing a six-year nationwide programme to control the swollen shoot virus disease that has affected cocoa pods in the eastern and Volta regions over the past few years. Ghana loses an average 40,000 tonnes of cocoa annually as a
          59 words
        • Article
          US firm to invest in China refinery
          60 10 HONGKONG US company Concord Group will invest US$2.6 billion to build a refinery and petrochemical plant in China's Zhejiang province, the official Xinhua News Agency reported. The plant will be the largest project totally funded by a foreign company in China's eastern coastal
          60 words
        • Article
          Japan copper output up 2.6 pc
          71 10 TOKYO Japan's output of rolled copper products and copper alloys rose 2.6 per cent to 91,360 tonnes in May from a year earlier, the third increase in as many months, the Japan Brass Makers Association said in a preliminary report. The association also reported
          71 words
    • Article
      COMMODITY PRICES
      1570 10 Rubber June 23 HAS Com mo* dfty Excki M(i (tat am dM Jag at at lpai) HAS (jfcysical arte •a) RSS 1 Contract (S cents/kg) A* 19 Sayan Saltan Close Volume Open AS II 12 W OOH (S cents/kg) Month High Low Sett (tonnes) Interest RSS 2 July
      1,570 words
    • REGIONAL STOCK MARKETS
      • Article
        Manila
        531 11 -5.48 Share prices closed mixed, but brokers said buying support has emerged that could whip up the market soon. The Manila Composite Index closed at 1,543.41 points, 5.48 down from 1,548.89. The Makati Index rose 3.62 to 1,577.25. "The market is adjusting to its oversold status, but this rebound
        531 words
      • Article
        Seoul
        491 11 •2.94 Profit-taking in shares of small-and-medium sized firms and labour disputes at Hyundai Group companies pulled Seoul stocks down in moderate trading. brokers said. "Profit-taking occurred, a short consolidation period is expected from now," Choi Bum at Seoul Securities said. He said he expected the period to end next
        491 words
      • Article
        New Zealand
        273 11 14.15 Shares finned mildly in quiet opening trade distinguished by Telecom Corp's five cent rise to a new high of NZS3.O7. At the close, the NZSE-40 Capital Index rose 14.15 points at 1,655.29 Brokers said demand from US investors pushed Telecom higher overnight on the New York market.
        273 words
      • Article
        Bombay
        57 11 •32.20 Stock prices fell again as Bombay broker Harsnad Mehta's bribery claims continued haunting the market, analysts said. Mehta alleged last week that he paid 10 million rupees to Prime Minister PV Narasimha Rao to seek his "blessings." The Bombay Stock Exchange Index dropped 32.20 points to 2195.60 and
        57 words
      • Article
        Australia
        1129 11 +0.7 The Australian share market closed marginally higher, as strength in BHP following its good profit results offset weakness in some blue chips. The market's key indicator held above the psychologically important 1,700 level in jate trade, closing up just 0.7 points at 1,700.4, after opening 5.1 points higher.
        1,129 words
      • Article
        Taipei
        582 11 50.11 Stocks finished higher across the board and turnover rose as a technical rebound continued from Wednesday, brokers said. The Weighted Index ended 50.11 points or 1.2 per cent up at 4,182.28 as turnover expanded to T520.2 billion from Wednesday's T516.8 billion. Thursday was a public holiday. Banking stocks
        582 words
    • WORLD STOCK MARKETS
      • Article
        London
        633 11 -7.2 Shares closed weaker but analysts said underlying sentiment was firm and selling pressure light and they expect the market to consolidate next week. The FTSE 100 index closed down 7.2 points at 2,887.5 in trading volume of 507.8 million shares, notching up a gain of just 8.1 points
        633 words
      • Article
        Paris
        136 11 -2.46 Shares finished a touch lower yesterday, dampened by profit-taking after this week's run and a weak tone in French bond futures. Dealers said the market should perk up next week. The CAC-40 index ended down 2.46 points, or 0.13 per cent, at 1,960.84 Over the week the index
        136 words
      • Article
        Frankfurt
        175 11 +8.95 Share prices closed official trading down from intraday highs as players squared positions ahead of the weekend. Operators made their trading choices on technical rather than fundamental considerations yesterday. dealers said. Trading volumes remained thin throughout the session, and the index fluctuated freely with no overriding trend apparent.
        175 words
      • Article
        Milan
        170 11 Blue chips made little headway yesterday in thin turnover as investors awaited news of labour negotiations between unions, employers and government. The MIB All-Share Index ended flat at 1,179. An accord has not yet been discounted and would boost prices early next week if it was signed over the
        170 words
      • Article
        Zurich
        290 11 +8.83 Selective buying in banks and chemicals drove Swiss shares higher, with the SMI and SPI indices both ending at record closing highs. The All-share SPI was up 8.83 points at 1,480.34. Dealers said continuing hopes of easier interest rates and expectations of strong profit rises in banks boosted
        290 words
      • Article
        Amsterdam
        255 11 +0.58 Shares strung out limited gains all day, tugged along by a pick-up in the dollar and continued hopes for lower interest rates. The EOE index closed 0.58 higher at 321.98. Philips attracted solid buying after its German unit revealed lower 1992 net profits, and predicted breakeven in 1994
        255 words
      • Article
        Johannesburg
        305 11 13 Gold shares made further ground in afternoon trade to end around their best levels this month, while industrials posted mixed fortunes. Dealers said some investors were reluctant to exposed themselves to stocks over the weekend, but US investors came in late to give shares an upward boost. The
        305 words
      • Article
        Toronto
        299 11 11.80 The Toronto Stock Exchange index of 300 stocks topped the 4,000 mark in midmorning dealings for the first time since Jan 4, 1990. A rally which began on June 14 has pushed the index about 133 points higher, or more than 3-1/2 per cent, Craig Hurl, TSE coordinator
        299 words
      • Article
        New York
        757 11 +23.80 The Dow Jones Industrial Average was ahead 1.66 points to 3492.27 at 11am yesterday. Among the broad gauges, the New York Stock Exchange Composite Index was ahead 0.24 to 246.84, while Standard Poors 500-stock Index was up 0.32 to 446.94. Advances topped declines 834-678 among the 2,191
        757 words
      • Article
        Untitled
        811 11 Britannia Funds Sterling C»h Bid Oder M.m Cap Depo&it 3* 6400 it 6500 Mim Jene> (jiI .0 189 J 0.1992 Mim M« Income *0 9800 ****** IMQpl Income Plus Fund 10 MOO 10 *900 PS S Re*ne Fund 5.2000 5.2100 .0.4592 0 49M Far Lax Fund *2.7650 *2 9730 Mm
        811 words
    • Article, Illustration
      Lock icon HONGKONG
      2895 12 Reuter SHARE PRICES trimmed their big early losses with the Hang Seng Index closing above the 7,000 level as China and Britain agreed to hold another round of talks on Hongkong's political reforms. brokers said. The Hang Seng Index ended 48.56 points, or 0.69 per cent, lower to finish
      Reuter; Source: Bridge Info  -  2,895 words
    • Article, Illustration
      CHINA
      454 12 IN SHANGHAI, the "B" share market was much more active yesterday with foreign buying particularly in Wing Sung and China Textile Machinery which both closed up over 5 per cent at the close. The Shanghai "B" share index closed up 11 points at 682.31. Yesterday's swap centre rate closed
      454 words
    • Article, Illustration
      Lock icon TOKYO
      2468 12 Reuter STOCKS ended a touch weaker in quiet trade on dealer position squaring and futureslinked selling, giving up earlier gains on buying by public pension funds, brokers said. The market seemed to have digested political turmoil yet lacked a sense of direction. "Investors were hesitant to move ahead of
      Reuter; Source: Bridge Info  -  2,468 words
    • Article, Illustration
      Lock icon BANGKOK
      1674 12 Reuter THE SET Index ended 2.48 points higher to finish at 896.56 on moderate turnover of 4.81 billion baht. Earlier in the afternoon, the index dropped to a low 890.14, down 3.94 points. Gains led losses by 129 to 106 with 76 stocks unchanged. "The marker is watering down
      Reuter; Source: Bridge Info  -  1,674 words
    • Article, Illustration
      Lock icon JAKARTA
      1071 12 Reuter SHARE PRICES closed mixed in the usual half-day session yesterday with moderate trade. "Selective buying by foreign investors dampened broad activity while local players still focus on speculative stocks," a dealer with a foreign brokerage said. Jakarta International Hotel and Panin Bank were heavily traded. JIH gained 125
      Reuter; Source: Bridge Info  -  1,071 words
    • Article, Illustration
      Lock icon CLOB INTERNATIONAL
      2749 13 Source: Bridge Info Source: Bridge Info MOST ACTIVE volume Kcnong Bhd MX' W.820.000 Pronwt it MMI Idris H>d MK 15.588.000 Group 7.594.000 Pcgi MMJ 7,209.000 FAd Sk 7.189.000 Multi-Purpose 7.002.000 Fabcr Group 5 997.000 Bedford SOt 5.799.000 AMDB MV 5 601.000 kamunting 5<X' S.INJ0N MBf Capital MUM kcma\an
      Source: Bridge Info  -  2,749 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks recover on brisk bargain-hunting
        5365 13 Bernama SHARE PRICES rebounded sharply on brisk bargain-hunting in the afternoon session to close higher yesterday. The KLSE Composite Index bounced back to close at 708.80. 7.14 points above Thursday's close. The Weighted Index reached an intra-day low of 675.51 in the morning session. The
        Bernama; Source: Bridge Info  -  5,365 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article, Illustration
        Lock icon Index recovers from morning's 50-point drop
        7372 14  -  By Teh Hooi Ling FOR THE second day this week, the Singapore share market nosedived only to recover the Straits Times Industrials Index (SI II) fell close to 50 points in the morning but staged a solid recovery to end the day with a
        Source: Bridge Info  -  7,372 words
      • Article, Illustration
        Lock icon Public Bank
        83 14  -  HOT STOCK Quak Hiang Whai THE DAILY charts on Public Bank are likely to tempt a lot of punters. The stock has been sold down from a high of 5i.46 to yesterday's low of 1.06 within a month. But it then recovered to close at Si. 16 yesterday.
        SOURCE: BRIDGE INFO  -  83 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      105 5 Our 70 yearS ...Your window to the world of Chinese newspapers Main Contents: Chi oda 70 years of Singapore through Now on sale through mailorder or at the following locations. Popular Book Shops OIJR 70 YEARS World Book Shops Union Book Co. Mr(Ms/Miss Student Book Store Address News Centre T
      105 words
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      143 6 Coming to Singapore for the very first time, an exhibition of a rare collection of the great FAMOUS masters of Chinese art. Masterpieces collected painstakingly over the last 20 years. On display includes works of:. Cs HIN ES E an n w^ose honour China is building a museum in Shanghai;
      143 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      1747 8 5 IK MUI BANK BERHAD j] V T V (Incorporated in Malaysia) A member of The MUI Group I I Balance Sheet 1992 1991 1992 roop 1991 I I As at 31st December, 1992 RM rm rm rm B H Bank Grot Maturing within one year 966.545,149 999.597,699 843,*****5 978.059.658
      1,747 words
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      1321 9 A Other income comprises the following'. 21. HOLDING COMPANY I A Bank Group The holding company is Malayan United Industries Berhad. a quoted company incorporated in Malaysia B 1992 1991 1992 1991 RM RM RM RM 22. COMPARATIVE FIGURES Gain on foreign exchange 3,042,400 3,332,519 3,042,400 3.332.519 Certain comparative figures
      1,321 words
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      Page 10 Advertisements Column 1
      187 10 EXCELLENT RtETIMRMMS A Finance required for Resort Hotel and Residential Property in Australia. For information fax to PERTH FINANCE INSURANCE SERVICES 61-9-*****71. BUSINESS TIMES TOLL-FREE TEL. No. 1-800-737 0043 FAX:734 3698 UNITED INDUSTRIAL CORPORATION LTD (Incorporated in the Republic of Singapore) LOST SHARE CERTIFICATE Application hat been made to the
      187 words
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      Page 10 Advertisements Column 2
      35 10 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead 737-1166 Business heats up when you make the call and place an ad. CJLT.S. 1737-1166|
      35 words
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  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      135 12 nCartier's Luxury Lighters Like all its other accessories, creativity and new designs have always been the hallmarks of Cartier's luxury lighters. The slim and oval silhouette of the classic oval lighter with its signature godron bands offers an alternative to the three-gold ring band version. The vertical gold line oval
      135 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      137 14 n Carrier's Luxury Lighters Like all its other accessories, creativity and new designs have always been the hallmarks of Carrier's luxury lighters. The slim and oval silhouette of the classic oval lighter with its signature godron bands offers an alternative to the three-gold ring band version. The vertical gold line
      137 words
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  • SPORTS
    • Article, Illustration
      Lock icon Top seeds advance with little resistance
      539 15 Wimbledon AP WIMBLEDON, England Pete Sampras, Boris Becker and Andre Agassi rolled into Wimbledon's round of 16 with convincing victories yesterday. Joining them was Britain's new national hero, 332nd-ranked Andrew Foster, who will play Sampras next. In women's play, top seed Steffi Graf defeated
      AP; Reuter  -  539 words
    • SPORT SHORTS
      • Article, Illustration
        Lock icon Baseball
        41 15 Reuter NEW YORK National Thursday: SF 17 Colorado 2; Cincinnati 6 San Diego 4; Houston 1 LA 0. American: Kansas City 7 California 1; Oakland 3 Seattle 2; Toronto 7 NY 2; Milwaukee 5 Cleveland 3; Baltimore 6 Detroit 2.
        Reuter  -  41 words
      • Article, Illustration
        Lock icon Golf
        147 15 Reuter Reuter AFP lOKYO Mi/uno Open leading second round scores Friday (Japanese unless stated): 136 Tadami Ueno 67 69 138 Seiki Okuda 70 68. Tateo Ozaki 69 69 139 Roger Mackav (Aus) 69 70 140 Wayne Grady (Aus) 73 67, Tsukasa Watanabe 72 68. Brian Watts (US) 68 72.
        Reuter; AFP  -  147 words
      • Article, Illustration
        Lock icon Tennis
        365 15 AFP LONDON imhk-don selected results Kriday (vseed) Men's singles 3rd rd: Pete Sampras (US xl) b Byron Black (Zim) 6-4 6-1 6-1; Andrew Foster (Ciß) h Andrei Olhovskiy (Rus) 6-3 6-5 retired: Richard Krajicek (Hoi \9) b Laurence Tieleman (Ita) 6-2 7-5 5-7 6-2; Michael Stich (tier x 6)
        AFP  -  365 words
      • Article, Illustration
        Lock icon Cycling
        82 15 AFP PARIS Triple Tour de France winner (ireg LeMond of the US is so short of form he is unlikely to start this year's race. The American was forced to pull out of this month's lour of Italy after a series of disastrous rides. On Tuesday, he cracked in
        AFP  -  82 words
    • Article, Illustration
      There's no real winner
      1408 15  -  Shahiron Sahari takes a last look at the 1993 SEA Games Shahiron Sahari SINGAPORE So who. you might want to know, actually won the South-east Asia (SEA) Games? Indonesia, with its 88 golds and 253 overall, would seem the obvious, and short, answer. But such medal
      1,408 words
    • Article, Illustration
      Lock icon Stadler, Maltbie share first-round lead
      543 16 Canon Greater Hartford Open AP CROMWELL, Connecticut Craig Stadler and Roger Maltbie, casting aside concerns about their struggling games, shot 5-under-par 65s on Thursday to share the first-round lead in the Canon Greater Hartford Open. The carefree attitudes something Stadler readily admits he's not known
      AP  -  543 words
    • Article
      Lock icon It's all in the mind — or is it?
      541 16 It's all in the mind or is it? AFP PARIS Next time you head for your local fairway, check your golf bag for the essentials. To succeed, you will need a club, a ball, a tee and a sports psychologist. Nowadays, apparently, it is quite impossible to drive, iron, wedge,
      AFP  -  541 words
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1396 15 og nw ETA nm no_ Abu OtaM GA929 1120 Adelaide S0228 2120 A(nmjn RJ187 0135 Amsterdam KL837 1445 KL838 2310 SQ323 1725 NZ2I 1820 NZ22 1935 SQ286 2030 Bahrain GF148 0905 B Seri Begawan BI421 1105 SQ182 0915 SQ181 1410 B1422 1205 BI429 2030 BI430 212S
    1,396 words
  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      42 15 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.
      42 words
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  • SHIPS IN PORT
    • Article
      AT CONVENTIONAL WHARVES
      509 16 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port Angelina Betstar H*S 1/8 Igarka Marco Polo I B Mascot Pacihc Ocean Putau Kakmantan Rosjnalawali Seakrttie Ora Seraya Gebe laya 2/lCT Gcna Hrty Balam Huan luyen 04 Komdo Penta l/B Rakhmat Saka l/B
      509 words
    • Article
      CONTAINER SCHEDULES
      2132 16 DELIVERY OF FCL IMPORT CONTAINERS IN PROGRESS SNp Voy No Containers avaiable Slip Voy No Containers avaiable M Mrtjab coin* *****3 0755 Acx lade 142B COOtEST) 25 0693 1500 PSMS 168 908 24 06 93 0900 George Lyras 3906 COO(EST) *****3 2300 1085 *****3 0915 Mubara Line 05GA
      2,132 words
  • Page 16 Miscellaneous
    • Miscellaneous
      Page 16 Miscellaneous Column 1
      404 16 I CRYPTIC CROSSWORD I ceived idea (9) IMi~~ 13 Drink he included was cold grew worse (11) 1 I 1 i i I I 1 N**" J found in the wood (8) YESTERDAY'S SOLUTION 2He includes as many as Journalist getting all the bad 111 i. 1.1.1 lan 1..1.1■lulu■ there
      404 words
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  • REGIONAL FOCUS
    • Article, Illustration
      An outsider's view of politics in Japan
      579 17  -  Shake-up in Japan's politics As the tension heads towards a showdown in the coming polls, foreign analysts find themselves the most-sought after people in Japan, reports S N Vasuki from Tokyo S N Vasuki TOKYO As Japan's ruling party politicians nervously ponder their
      579 words
    • Article, Illustration
      Japan after four decades under LDP's rule
      975 17  -  Anthony Rowley looks at what the next Japanese leaders soon will inherit from the Miyazawa government Anthony Rowley TOKYO Whatever government Japan ends up with after the national elections slated for July 18 faces an unusually heavy economic policy agenda. The trouble is
      975 words
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      337 17 IN THE MATTER OF THE COMPANIES ACT. CHAPTER 50 AND IN THE MATTER OF CHELLIAH A SONS (PTE) LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) At an Extraordinary General Meeting of the members of CHELLIAH SONS (PTE) LTD duly convened and held at 17 Phillip Street #06-00 Grand Building. Singapore 0104. on
      337 words
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      Page 17 Advertisements Column 2
      600 17 0" C X N i ftli ASIA PACIFIC BREWERIES LIMITED R®B lstered ice *21-00 Alexandra Point, 438 Alexandra Road, Singapore 0511. Tel: (65) 272 9488 Fax: (65) 271 0811 RESULTS FOR THE HALF YEAR^HHH The directors are pleased to make the following preliminary announcement of the unaudited results for the
      600 words
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  • Article
    Lock icon Former Japanese premier Kaifu urges Miyazawa to resign
    515 18 Reuter Asahi TOKYO A senior ruling party figure yesterday urged Japanese Prime Minister Kiiehi Miyazawa to resign after triggering a political crisis that has left the party splintered and facing the prospect of losing power. Former prime minister Toshiki Kaifu. Mr Miyazawa's
    Reuter; Asahi  -  515 words
  • Article
    Lock icon Japan unlikely to promise action on trade surplus in talks with US
    421 18 Reuter AFP TOKYO The US will press Japan to take action to cut its huge trade surplus at talks starting tomorrow, but economists say Tokyo is unable to make a move until after general elections on July 18.
    Reuter; AFP  -  421 words
  • Article
    Lock icon Human rights meeting completes declaration
    352 18 Reuter VIENNA A world human rights confcrcncc yesterday shrugged off a divisive vote over Bosnia and worked out last details of a landmark new declaration to promote rights around the globe. Diplomats at the conference, the first of its kind for 25 years, said the
    Reuter  -  352 words
  • Article
    Lock icon Top Indian banker sacked
    103 18 Reuter NEW DELHI The head of the government-owned State Bank of India, India's largest commercial bank, was sacked yesterday for his alleged role in a USSI.2B billion (SS2 billion) securities scandal. A Financc Ministry statement said managing director V Mahadcvan had been dismissed with immediate clTcct.
    Reuter  -  103 words
  • Article
    Lock icon US resale housing market continues surge
    243 18 AP WASHINGTON Sales of previously owned homes shot up 4.6 per cent in May, the second straight advance after a winter slump, a real estate trade group said yesterday. The National Association of Realtors said sales of existing single-family homes totalled 3.61 million at
    AP  -  243 words
  • Article, Illustration
    Lock icon US military reshaping global strategy
    440 18 Defence cuts will not affect ability to win two major regional wars at once Reuter WASHINGTON The shrinking United States military is reshaping strategy to maintain a robust global presence. including a capacity to win two major regional wars at once. Defence Secretary Les Aspin
    Reuter  -  440 words
  • Article, Illustration
    Lock icon Bonn promises tougher security, considers ban on Kurdish militants
    326 18 Reuter AP BONN The German government yesterday promised tougher security and considered a ban on Kurdish militants after harsh criticism from Ankara that it failed to give protection against Kurdish attacks on Turkish property. Interior Minister Rudolf Seiters yesterday met the
    Reuter; AP  -  326 words
  • Article
    Lock icon HK steps up supervision of international banking groups
    297 18 Reuter HONGKONG TheWernment has intiochieed -a toil that officials said would enhance supervisory standards for international banking groups and their cross-border bodies. It also would help establish a central custody system to enable paperless clearing of specified debt instruments. The bill proposes
    Reuter  -  297 words
  • Article
    Direct flights between Shandong and S'pore to start in September
    334 18  -  By! Yong Pow Ang SINGAPORE A direct air service between the Chinese province of Shandong and Singapore will start in September to promote economic relationship between the two places. Initially, there will be two flights a week each from Jinan
    334 words
  • Page 18 Advertisements
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      267 18 Monday in Business Times BUS IN H S S T I M E S TOLL-FREE TEL. No. 1-80Q-737 0Q43 FAX:734 3698 g] N N ROTHSCHILD k SONS (SINGAPORE) UNITED Applications are invited for the post of MANAGER, PROJECT FINANCE N M Rothschild Sons (Singapore) Limited is the South-East Asia regional
      267 words
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      Page 18 Advertisements Column 2
      5 18 VHTL Monday in Business Times
      5 words
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  • ISEAS TRENDS
    • Article, Illustration
      The boss system is alive and well in the Philippines
      1358 19  -  Alan Robson analyses one of the key reasons for the many problems plaguing the Philippines Alan Robson Dr Alan Robson is a Lecturer in the Department of Political and Administrative Studies at the University of Papua Sew Guinea. ONE of
      1,358 words
    • Article, Illustration
      Facing the bane of high growth
      1625 19  -  Is the Chinese economy heating or overheating? John Wong examines the issue John Wong Professor John Hong is Director oft In Institute of East Asian Political Economy. Singapore THE Chinese economy chalked up a staggering 12.8 per cent real growth for 1992. In the
      1,625 words
    • Article, Illustration
      Where tourism and terrorism meet
      822 20  -  Philip Towle examines the debilitating effects isolated cases of terrorism can cause to a country's tourism industry Philip Towle l)r Philip Toule is a Fellow of Queens' C (t/kfie. C amhridfte. am! Deputy Dinxtor of the university 's Centre lor International Studies. TOURISM will become
      822 words
    • Article, Illustration
      A Venetian lesson for the Singapore city-state
      1104 20  -  Christian Estrup draws a historical parallel between contemporary Singapore and Venice in the 17th century Christian Estrup /)r lirisiian i.strup i\ atfiliawd with the i o/H'tiluiifcn Business School. ('opt'ithaacn. Denmark STRANGE as it mw seem, the Singapore of today lias a number of
      1,104 words
    • Article
      Kiasuism and the withering away of S'porean creativity
      1751 20  -  David Chan Kum Wah sets out the reasons why Singaporeans have developed a trait that's stifling their imagination David Chan Kum Wah David hail Kum 11 all is a I.Miner in the Department of 'Philosophy, Satumal niwrsily of Sm^a/iore. KIASUISM has been
      1,751 words
    • Article, Illustration
      The centre-periphery dilemma facing KL
      1265 21  -  Chandran Jeshurun reflects on the symptoms of a possibly more contagious phenomenon Chandran Jeshurun Dr Chandran Jcshumn is a Senior Fellow at ISHAS. WHILL most South-east Asian countries are hurtling headlong into the rarefied status of newly industrialising economies, it is often forgotten that there
      1,265 words
    • Article
      Vietnam's private sector at a critical juncture
      1282 21  -  Carolyn L Gates analyses the significance of the growth of, and the possible constraints on, economic development in Vietnam Carolyn L Gates Dr Carolyn L Gales is a Research Fellow at ISFAS and senior economist at the Foundation for Indochina Studies at the
      1,282 words
    • Article
      Criss-crossing the world on a migrant ticket
      801 21  -  The massive movement of people across national borders is getting to be both a problem and an opportunity, notes Diana Wong Diana Wong Dr Diana If ong is a Fellow of ISKAS. IN May this year, the German parliament passed a heatedlydebated bill
      801 words
    • Article
      Asia-Pacific security comes under Asean's scrutiny
      987 21  -  Daljit Singh reviews the prospects for a structured regional security dialogue Daljit Singh Dal lit Smi;li is a he/low <>t ISi: IS. FOR much of its 25-year existence. Ascan was extremely reluctant to identify itself with security concerns because it did not want to
      987 words
    • Article, Illustration
      Surface warships: all ahead flank
      1461 22  -  Jack McCaffrie examines the utility of major surface combatants to a nation's diplomatic and security needs Jack McCaffrie Jack McCaffrie, an Australian navy captain, is a Visiting Associate at I SEAS. WITH virtually all navies in the Asia-Pacific now expanding or modernising their surface forces,
      1,461 words
    • Article, Illustration
      Has Cambodia's nightmare finally come to an end?
      983 22  -  Amitav Acharya reflects on Untac's successes and failures in the country Amitav Acharya /)r Ami lav A chary a is a Research Fellow at ISHAS on leave from York L niversity's Centre for International and Strategic Studies. Toronto. Canada. UNTIL a few
      983 words
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      213 20 Trends immthly «>l ihe InMUute NxuihtiM \mjii Studies The Publication Editors-in-chief S. Rajaratnam Chan lleng Chee Editor IX'rek da Cunha Associate Editor P. Lim Pui Huen Assistant Editor Ronald Kow International Advisory Committee Jose V. Abueva (Philippines) Stephen FitzGerald (Australia) Han Sung-Joo (Korea) Tommy T. B. koh (Singapore) Mochtar kusuma-Atmadja
      213 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Wooing Hollywood
      1550 23  -  Fionnuala Halligan, in an exclusive interview for Executive Lifestyle, catches up with Hongkong director John Woo as he prepares for his big American debut in July Fionnuala Halligan The writer is a freelance lournali.st HONGKONG director John Woo is learning about Hollywood the hard way. Although he finished
      1,550 words
    • STRAWS IN THE WIND
      • Article
        Aids to productivity
        62 23 JOURNALISTS at a National Productivity Board press briefing this week heard all about the corporate attributes that make for higher productivity in a company. There were those with strong management, others that boast good teamwork or adaptability. "And there's C K Tang with its HIV-positive culture," said
        62 words
      • Article
        Getting personal
        78 23 POOR Bill Clinton. After all that hard campaigning you'd think he deserved a little respect. but no. Said Lillie Bell, who has answered White House mail for 24 years: "There is no awe in the letters. They just write "Dear Bill and Hillary.' In the old days, if
        78 words
      • Article
        He's game
        60 23 Fieldsports organiser Maj Neil Ramsay tells us that hunting in the UK is cheap, thanks to the weak Sterling. And for those who are not content to stalk game across the length and breath of the UK, Maj Ramsay would have us know that "he is also active
        60 words
    • OPINIONS
      • Article
        Speak softly — they'll hear better soon
        892 24  - Speak softly they'll hear better soon Leon Hadar says the LDP crisis has given Washington a chance to forge better relations with Tokyo Leon Hadar The writer is a W ashington-baseil journalist who contributed this commentary to BT IT WAS just less than a month ago that the trade warriors
        892 words
      • Article, Illustration
        Honour only the deserving, please
        1201 24  -  Neville Stack laments the debasement of the Honours system in Britain Neville Stack The writer is a UK-based journalist who contributed this commentary to BT IN British society, honour and Honours are by no means necessarily the same thing. In fact, many would say they
        1,201 words
      • Article
        Wrong impression of valuers given
        363 24  -  LETTERS TO THE EDITOR Dr Yu Shi Ming Vice-President and Chairman Valuation General Practice Division 1993/94 Singapore Institute of Surveyors and Valuers WE REFER to the article, "Prices of resale HDB flats have surged 3050pc in just 2 months" (BT. June 22). The report by
        363 words
      • Article
        No plans for URA tender system review
        102 24  -  Gillian Tan Administratis Officer For Chief Executive Officer Chief Planner L rban Redevelopment Authority I REFER to your article. "URA may review tender system if big developers dominate", in Business Times yesterday. We would like to clarify that the sale of small land
        102 words
    • VIEWPOINT
      • Article, Illustration
        Opening new investment windows
        2152 25  -  f CONVERSATIONS RAFFLES Robert Tomlin, MD of Simbl, offers S N Vasuki some suggestions on how to curb job-hopping in Singapore. He also explains why Clob International should be a place for consenting adults S N Vasuki ITS A delicate topic to deal with in public,
        2,152 words
      • Article
        Clob as a growth option
        953 25 SHOULD Singapore be worried about the emergence of rival financial centres like Bangkok and Labuan? Not at all, says Robert Tomlin. In fact, the more the merrier. "The financial services sector thrives on a large number of participants. When you deal in foreign exchange, deposit
        953 words
      • Article
        Managerial aspects of the arts
        570 25 MIRACLES are taking place all the time in Singapore's arts industry, says Robert Tomlin. Arts groups are putting together ever-better performances with "an extraordinarily small amount of money", he says. Declaring his interest as a director of the Lyric Theatre and acknowledging that there has
        570 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS EYE
        • Article, Illustration
          BT SENTIMENT INDEX (Jun 28-Jul 2)
          311 26 Those polled on their view of the Singapore stock market for the week ahead: Baring Securities. Daiwa Securities Singapore. DBS Asset Management. Kav Hian James C a pel. Kim hug Securities. Morgan Grenfell Asia Securities. OCBC Investment Research. Ong Co. Peregrine Securities. Phillip Securities.
          311 words
        • Article, Illustration
          Eye on the region: Hongkong
          238 26 Anthony Bellingan (Regional Research Director) for Peregrine Brokerage (HK) An objective look at the likely economic and social developments in China over the next three to six months would lead us to believe any major fears about the impact on Hongkong, ot the impending rapid
          238 words
        • Article, Illustration
          In my opinion...
          391 26  -  Song Seng Wun Song Seng Wun, economist. Smith New Court S\C is an International Member on the Stock Exchange of Singapore. he stock market I may be causing .M. some unhappiness. but our broad picture is still fairly good. Second-quarter growth should be between 7 and 7.5
          391 words
      • Article, Illustration
        The party's still not over for punters
        771 26  -  The 135-point tumble Quak Hiang Whai and Teh Hooi Ling spoke to several speculators to gauge their mood Quak Hiang Whai and Teh Hooi Ling THE LAST rally which had everyone talking about a possible 2.000 points on the Straits Times Industrials Index
        771 words
      • Article, Illustration
        Fund managers welcome correction as healthy
        831 26  -  They tell Agnes Chen the drop has offered some buying opportunities Agnes Chen PUNTERS may be all doom and gloom these days, but fund managers are finding plenty to cheer about. Hugh Young, managing director, Abtrust Fund Managers: I think the market froth has
        831 words
      • Article, Illustration
        Precipitous drop in STII means goods news
        434 26  -  CH^T By Najeeb Jarhom The writer is research manager of Fraser Securities THE precipitous 10 per cent drop in the Straits Times Industrials Index from its end-May intra-day peak of 1,911 to yesterday morning's low of 1,721 may, ironically, be good news. It
        434 words
      • Article, Illustration
        The 'X' factor in successful share trading
        560 26  -  R Sivanithy gets some tips on punting the stock market from Australian trading guru Ray Barros R Sivanithy Dabbling in the stock market can be a risky business the market can be a financial minefield for those not well-versed in its ins and
        560 words
      • Article
        ACU deposit rates offered by various banks (as at June 24 1993)
        953 27 Next publication date: Juty 24 1993 Deposit amount l-wk l-mth 3-mth 6-mth Amex Bank c$ S$5 000- US$20,000 0 0000 0 0000 0 0000 ooooo Above US$150,000 ***** 0 0000 0 0000 0 0000 ECU Below US$50,000 6
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      • Article, Illustration
        S'poreans feel they are good money managers
        415 27  -  Agnes Chen on a study to uncover how S'poreans invest their money Agnes Chen OVER 85 per cent of Singaporeans believe they manage their money on their own quite nicely, thank you. Yet more than seven in 10 Singaporeans don't know what interest
        415 words
      • Article
        How to top up funds
        297 27 INVESTING YOUR Q: I was recently told that I had insufficient funds in my account to complete a trade and that I should consider "topping up". What does the procedure involve and is there a limit on the amount? A: When there are insufficient funds
        297 words
    • PURSUITS
      • Article, Illustration
        Wheels of romance
        928 28  -  David Brazil enjoys a delightfully decadent day-trip on the Venice Simplon Orient-Express David Brazil THIS IS one train trip people dress up for. Why, there's even a dress code on board. While dining at night, black tie/lounge suit for men and semi-formal/formal dinner dresses for women are
        928 words
      • Article, Illustration
        Lock icon Restoring the fabric of history
        822 28  -  1 M-A li2Y6i nIOTcS By NIRMAL GHOSH IN THE hard blue September sky above Jodhpur's stern Mehrangarh Fort, pariah kites turned on the wind. What it must have taken to build this, stone upon rock, high above the dust and thorn of the desert. And
        Photos by Nirmal Ghosh  -  822 words
      • Article
        On treacherous terrain
        597 28  -  Cmema Review By SUSAN TSANG WE'VE SEEN fanciful old maps ("Heere be Dragons"), relief maps and maps of the moon, but what would a Map Of The Human Heart look like? According to director Vincent Ward, it looks pretty, even surreal, but not that coherent, and mapping
        597 words
      • Article, Illustration
        Remake that misses the mark
        575 28  -  By SUSAN TSANG HOLLYWOOD has never been averse to remaking successful movies, especially if they make money. But perhaps the producers of The Assassin should have allowed a little more time to pass and let memories of Luc Besson's 1990 hit Nikita fade a little
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    • HEALTH & FITNESS
      • HEALTH Notes
        • Article
          Lock icon Alcohol can help strengthen bones
          139 30 NYT MEN AND women who have several drinks daily are more likely to have stronger bones than non-drinkers, a study has found. But the same study has also found that men who have at least three drinks and women who have at least two drinks
          NYT  -  139 words
        • Article
          Lock icon Low-tar smokes won't cut heart-attacks
          67 30 British Medical Journal SWITCHING to a low-tar cigarette from a higher-tar brand won't reduce your risk of a heart attack. Italian doctors have found. Compared with non-smokers, people who smoked the lowest-tar cigarettes were 3.8 times more likely to have a heart attack, while those
          British Medical Journal  -  67 words
        • Article
          Lock icon Wiping out dust mites in your homes
          127 30 NYT SIXTY to 90 per cent of children and young adults with asthma are allergic to dust mites. Asthma experts believe that the rising worldwide incidence of asthma may be partly due to growing numbers of dust mites as houses are more tightly
          NYT  -  127 words
        • Article
          Lock icon Men not sympathetic about PMS
          166 30 Health and Fitness DON'T expect any sympathy from your man when PMS is making your life a misery. A survey showed that eight of 10 men think women are less competent when suffering from premenstrual syndrome, and a further 56 per cent of men think
          Health and Fitness  -  166 words
        • Article
          Lock icon Mums face short-term loss of calcium
          124 30 Journal of the American Medical Association BREAST-FEEDING temporarily robs calcium from a woman's bones, according to researchers at the University of Michigan. In a study of 98 women who recently had babies, the researchers kept track of how much calcium they consumed and measured
          Journal of the American Medical Association  -  124 words
      • Article, Illustration
        Lock icon Your diet may provide the clue to your illness (or health)
        899 30  -  Nutritional therapists believe that a person's health is related to what he eats. Kavita Daswani takes a look at this special branch of health Kavita Daswani Sunday Morning Post AN EASY solution to an illness or disease can be
        Sunday Morning Post; Photos by Chris Loh  -  899 words
    • PEOPLE
      • Article, Illustration
        Top rating for Thai Danu
        290 30 WHEN Thai Danu Bank of Thailand recently tapped the Singapore offshore market for a loan for working capital, no less than 20 international banks signed up. Of course. DBS Bank and Tat Lee of Singapore, shareholders of the medium-sized Thai bank, were the lead managers
        290 words
    • TIME OFF
      • Article, Illustration
        No wild and colourful scandals here
        736 31  -  After six years. Scandals is still as popular but business hasn't been what it used to be at the Green Lounge, reports Shahiron Sahari Shahiron Sahari SO WHY is Scandals disco, at the Westin Stamford and Westin Plaza, called Scandals? Is it because there
        736 words
      • Article, Illustration
        Time for a change and some connections
        705 31 WHAT does a night club do when it is some way past its prime? The unwritten rule of thumb in the entertainment industry is that nightspots have a life cycle of about three to four years start, take-off. plateau and fade-ofT after which
        705 words
      • Article
        PERFORMANCES
        302 31 Evening of Contemporary Ballets Celebrating their sth anniversary, the Singapore Dance Theatre will perform works by foreign and local choreographers like Goh Choo San. Last day today. Spm at the Victoria Theatre. Tickets at $10. $15 and $20 available at Sistic outlets. Love Letters A play to tap the
        302 words
      • Article
        CONCERTS
        85 31 Live at Hard Rock Organised in conjunction with Hard Rock Cafe, Pony Canyon recording artiste and Singapore's very own folksinger Art Fazil and his band begins this series of concerts featuring songs from his new album. July I. 11.30pm at the Hard Rock Cafe. Cuscaden Road. Normal entry charges.
        85 words
      • Article
        FILMS
        121 31 The Blue Planet 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 home planet. I lam. 12pm. 2pm. 4pm. spm and 6pm at the Singapore Science
        121 words
      • Article, Illustration
        EXHIBITIONS AND TALKS
        541 31 Blue and White Porcelain Tianminlou Collection The world's most comprehensive collection of Chinese blue and white porcelain art from the Tianminlou Foundation. From June IS at the Empress Place Museum Hall 6 9am to 7.30pm daily. Inno-Art Affair 93 A first time joint-effort to promote design awareness
        541 words
      • Article
        AT THE SUBSTATION
        98 31  -  Compiled b> Christopher Toh Handog The title means "offering" in Filipino and local DJ Pamela Wildheart and her friends will perform in this offering of acoustic music to raise funds for the Substation. June 29. Spm at the Guinness Theatre. Tickets at $20. Sistic outlets are at
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    • EPICURE
      • Article, Illustration
        Festival of excess
        688 32  -  Stephen Vines has dinner at the world's largest restaurant the Royal Dragon in Bangkok Stephen Vines FOR many restaurateurs in Bangkok, bigger means better. It all started a few years ago with a crop of restaurants seating many hundreds. They became very successful and fostered greater ambitions.
        688 words
      • Article, Illustration
        Lock icon Middle Eastern delights
        718 32  -  Bon Appetit By SUSAN TSANG THERE'S MORE to the Middle East than just desert and petroleum. For one thing, the Middle East promotion now on at L'Express will have us believe that the region includes Pakistan and Turkey. But when the food is so enticing, and the
        Photo by Chris Loh  -  718 words
      • Article, Illustration
        Sunday in Saint-Emilion
        764 32  -  Wine By N K YONG IT IS SUNDAY, Jun 20, 1993, 6pm. There is a very hot sun outside, and the temperature is around 28-29 degrees Celsius. This is the Sunday of the Fete de Printemps of the Jurade de Saint-Emi-lion (the Festival of Spring of the
        764 words
    • Article, Illustration
      CINEMA
      1081 34 Aladdin. A typical Disney version of the fairy tale, complete with pop tunes. A street teen becomes a prince, thanks to a genie with the wit of Robin Williams. Orchard: 11: 1.30; 4; 6.45; 9. Marina 1: I: 3.30; 5.30; 7.30; 9.30. Pavilion: 1; 3; 5; 7; 9. Broadway
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  • Page 23 Advertisements
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      176 23 EXPRESS SH^lflHV The way of turning shares into V a sA am /A* jf VH\ A \tdUhlr lusivrh SINGAPORE: Burhrrrw Main Shop 4V.Oi<haul Road «rM2 4* 44. Wnwi \llia. S«*jp«i«r(W» TH TWIII Burbrrm Shop-In Shop I»MM \K« l»SOt.haid lIAIJEYS |SEI \N Oi lui d•\ HKN LEATHER MIOOS S«M.O Authorurd Dralrrt
      176 words
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      105 24 MARITIME m CHALLENGESm A Special Business Times Supplement June 29, 1993 The maritime industry is a key element of the Singapore and regional economies. But maritime companies face stormy seas. Shipping lines are plagued by depressed rates and over-capacity in some markets. At the same time, oil spills have focused
      105 words
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      Page 24 Advertisements Column 2
      35 24 BI welcomes letters from \ou. Please i address them to: The hditor. Business l imes, 390 Kim Seng Rd, ■S'pore 0923. letters should include >our contact numbers. THE STRAITS TIMES CLASSIFIED VEHICLES your car directory
      35 words
  • Page 24 Miscellaneous
    • Miscellaneous
      Page 24 Miscellaneous Column 1
      62 24 DOONESBURY GARRY TRUDEAU SOUJHOPYOUBe- IREMEMB6K CONFLICT COME AFTER YOU HAVING A YEAH. I JUST FELT 600P LORD- OF INTEREST. WERE LORNAPOONE, WEIRD PEEL' PREMO- SOMETHING BAP W&b lOHYPIPNT I KNEW IV BOOfS/E INO ABOUT NITION? OOIN6 TO HAPPEN, YOU BACK BECOMING THAT MARRIAGE UKEIV BEBEHEAPEP OUT BACK AS HIS CATHERINE
      62 words
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      164 27 :'W v gjV, iffhr -1 4V*.; mt i. >x ltfH mi -K-; <?• f mm -mm r S'Kmm p»-yi r R S A R Jot those special occasions. Select your ideal gifts of crystalware, f porcelainware and silverware 3 from our Famous Brands Gallery, Level 1 Aynsley y&accahat tOfrCMl* SIjs
      164 words
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  • Page 29 Advertisements
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      392 29 In This Land Of Mushrooming Oolf Courses The first golf course in Malaysia to be designed, best in the world. Equally resplendent is the constructed and supervised by Robert Trent Jones, Jr. clubhouse, on 348,000 square feet of land, a To ensure that a y| Q* landmark inspired by professional
      392 words
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      81 30 AMADEUS200 ollectinn Chronograph with automatic movement. Steel and gold-plated case and bracelet, with shielded crown. Scratch-resistant sapphire crystal. Water-resistant to 5C metres. Ifyv RAYMOND WEIL GENEVE WHERE TIME IS CREATION AMADEUS 200 ■■W'.y f Quartz movement. Steel and gold-plated case and bracelet, with shielded crown. Scratch-resistant sapphire crystal. Water-resistant to
      81 words
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      958 33 IfofttSAßUfl- miii 3 WHERE TO WINE, DINE AND ENTERTAIN OF 1. HIGH IEA AT CAFE CAROUSEL Adult $10.80++ Child S&Bo++ You'll find the most delicious variety of dim sum, pastries, nonya kueh and cakes. at our high tea buffet. I Only on Saturdays and Sundays from 1 3pm to 5.30pm.
      958 words
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      Page 33 Advertisements Column 2
      324 33 Delectable Yong Dou Fu Buffet at Chatterbox every Saturday and Sunday. 12.30 pm to 5 pat $14.50 per peraon M.So++ per child (below 10 yts) Mezzarme Sumptuous Continental h Local Afternoon Tea spread at Mezzanine Lounge. Daily. 2 pm to 6 pot $16.00 per person $10.00+* per child (below 10
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  • Page 34 Miscellaneous
    • Miscellaneous
      Page 34 Miscellaneous Column 1
      2328 34 TODAY'S TV K hht D «y*. KTTniti! r«] [H 9.30 Children's Special (L). F H The New Adventures 3pm, SBC 5 Can Cook, Ipm, A 10.30 Rflbotefh 11. 11.00 Speed Racer. to daughter, 11.30 King Arthur to her courses 12.00 NN News. to PM TV Pendidikan awa\ to be looked
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