The Business Times, 19 March 1994

Microfilm: NL19090
Total Pages: 28
1 28 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    13 1 Business Times MITA(P) 010/12/93 Weekend Edition, March 19-20 1994 WE KNOW ASIA 75*
    13 words
  • Article, Illustration
    Lock icon Unit trust redemptions batter regional stock markets
    618 1  -  S'pore, KL and HK sink below psychological supports before edging up By R Sivanithy SINGAPORE Redemptions by unit trust subscribers in Hongkong and Japan sent the Straits Times Industrials Index tumbling 2.3 per cent to 2.104.02 yesterday, bringing it to almost exactly where
    Source: Bridge Info  -  618 words
  • Article
    Hang Seng takes the worst beating
    241 1  -  From Catherine Ong in HONGKONG THE Hang Seng fell 4 per cent yesterday as interest rates fear continued to dog the market. The widely watched barometer plunged 380.82 points on the week's highest turnover of HK55.29 billion. The Hang Seng fell a tad below
    241 words
  • Article
    Indon bank CEO, ex-chief arrested
    462 1  -  From Maggie Ford in JAKARTA THE current and former chief executives of the Indonesian state-owned development bank Bapindo were arrested yesterday and face a corruption investigation in connection with a USS43O million (SS6BO million) loan given to a businessman. Towil Heryoto, the current chief executive
    462 words
  • Article, Illustration
    Developer catches up with his taxman
    355 1  -  By A J Leow SINGAPORE Prospective bidders for a land parcel slated for public auction by the tax authorities were surprised earlier this week when they visited the site. Instead of a vacant lot, they found a condominium being built on the Devonshire Road
    355 words
  • Article
    Simex and Chicago exchange renew mutual offset link
    369 1  -  By Soh Tiang Keng SINGAPORE The 10-year financial futures trading link between Singapore and Chicago under the mutual offset system will be renewed for at least another five years. The Singapore International Monetary Exchange and the Chicago Mercantile Exchange have signed an
    369 words
  • 2am LATEST
    • Article
      Lock icon Dow up 1.15 points
      46 1 Reuter NEW YORK Wall Street stocks were mixed at midday yesterday in heavy volume in a market dominated by volatility from triple-witching expirations and fears of higher interest rates, analysts said. At Ipm EST, the Dow stood at 3,866.29, up 1.15 points.
      Reuter  -  46 words
    • Article
      Lock icon Clinton's meeting with Greenspan sparks interest rate fears
      156 1 Bloomberg Business News Reuter, LONDON European investors yesterday sold bonds and equities because they feared the United States would raise interest rates for the second month running to stifle inflation. Bond investors have never quite recovered from the shock of Feb 4,
      Bloomberg Business News; Reuter,  -  156 words
  • Article
    MARKET SUMMARY
    161 1 Stock narkct indices Friday Change STII 2,104.02 -49.63 KLSE Comp 1,007.06 -20.14 Nikkei 20,469.45 -122.71 Hang Seng 9,132.31 -380.82 SET Index 1,246.84 -19.80 Jakarta Comp 508.88 -0.97 CLSA China B ....1,116.73 -8.89 AustAIlOrd 2,163.5 -0.9 FTSE 100 3,218.1 -37.6 Friday Prerioas 1pm dose Dow Jones 3,866.29 3,865.14 Average
    161 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      36 1 ju_ Singapore's retail industry: eii res P' te n store HOCK LOCK SIEW Early election may not be enough to kick-start Malaysian market, Page 6 Bids called for Singapore's second island-wide mobile data network, Page 2
      36 words
    • Advertisement
      Page 1 Advertisements Column 2
      4 1 Full reports. Pages 12-16
      4 words
    • Advertisement
      Page 1 Advertisements Column 3
      18 1 Asian stock markets: el 4 Few winners, too many losers Bad-loan crisis won't deter offshore lenders. Page 9
      18 words
    • Advertisement
      Page 1 Advertisements Column 4
      340 1 Stock Efatch: ELS j Transpac iHii^ial^^^assessed Asia's Corporate Giants: el 3 San Miguel's rich harvest mm ml •Sime\ is first non-Japanese exchange to trade the Nikkei 300, Page 9 SatacrfctiM !H 1800 *****77 fu *****75 ■T Editorial Tel *****18 Fa. *****71 One of the great designs of this century And
      340 words
    • Advertisement
      Page 1 Advertisements Column 5
      38 1 N«wt CmpaaiM S pore New 2 S'porMTsu 6.7 fegwul New 3.4 Fiunoal 9.10 Wort* 4.5 Futara Markets Options EL2 CM>/KLSL SS 1416 PI EL4.5 fepOMl 12 Revwws EL6 Wortd 12 Sports ELB Currencies 10 TV/Ratio £112 SmoCoruno 11
      38 words
Page thumbnail Page 2
  • SINGAPORE NEWS
    • Article
      TAS calls for bids for second island-wide mobile data network
      614 2  -  By Genevieve Cua SINGAPORE'S regulatory body for telecommunications yesterday invited bids for a licence to operate a second island-wide public mobile data system. The move by the Telecommunication Authority of Singapore (TAS) sets the stage for the liberalisation of the
      614 words
    • Article, Illustration
      Lim criticises SIA unions for raising false expectations
      444 2  -  By Dexter Lee UNION chief Lim Boon Heng accused Singapore Airlines unions last night of raising unrealistic expectations among their members which made labour-management disputes harder to resolve. Speaking at the Air Transport Executive Union dinner and dance, Mr Lim also said
      444 words
    • NEWS ROUNDUP
      • Article, Illustration
        Kausikan appointed Russian envoy
        105 2 SINGAPORE has appointed Bilahari Kim Hee PS Kausikan (right) as the ambassador to the Russian Federation, the Ministry of Foreign Affairs said last night. Mr Kausikan, 40, will also be the concurrent envoy for Finland. The seasoned diplomat, who has served in the ministry for 13
        105 words
      • Article
        Retailers receive GST stickers
        106 2 THE Inland Revenue Authority of Singapore (IRAS) has started issuing Goods and Services Tax (GST) stickers to registered retailers to help consumers identify those which will collect GST. Each GST-registered business is also issued a certificate of registration which has to be displayed prominently at the
        106 words
      • Article
        BBA celebrates plant expansion
        67 2 FLAVOURS and fragrances manufacturers Bush Boake Allen (BBA) celebrated the completion of a $8 million expansion and refurbishing project of its plant in Jurong yesterday. BBA blends natural and synthesised materials to develop flavours and fragrances for the food and toiletries industry. It has a 60
        67 words
      • Article
        SIA upgrades frequent flyer service
        60 2 SINGAPORE Airlines is upgrading its Priority Passenger Service (PPS) for frequent travellers. It will improve privileges and has created Priority Solitaire for those who have been PPS members for five consecutive years and accumulated 800,000 km of 250 flight sectors. It has also eased criteria,
        60 words
    • Article
      Government to tender land out to big companies for foreign worker quarters
      450 2 Yesterday in Parliament THE government will allocate land to big companies to build dormitories for foreign workers, Acting Minister for National Development Lim Hng Kiang told Parliament yesterday. He said his ministry would tender out land suitable for
      450 words
    • Article
      Hawker stalls to be offered for sale to operators at discount
      376 2 ABOUT 20,000 hawkers would own the stalls they operated in the next 10 years under a plan to give Singaporeans a stake in the country's prosperity, Environment Minister Mah Bow Tan said. "They will join the growing ranks of
      376 words
    • IN BRIEF
      • Article
        Work on 2nd causeway to start soon
        100 2 WORK on the 2.3-km long, second causeway linking Singapore and Malaysia will start after an agreement between the two countries is signed next Tuesday, Acting National Development Minister Lim Hng Kiang said. The second link will be completed by end-1997 and open to
        100 words
      • Article
        Not just for the birds
        93 2 LAND in Senoko which has become a home for birds will not be conserved despite an appeal by the Nature Society of Singapore, Acting National Development Minister Lim Hng Kiang said. "We're prepared to set aside land for nature conservation but the bottomline is we
        93 words
      • Article
        Many keen to buy green
        58 2 A YEAR after the green labelling scheme was introduced, 105 products now carry the "green" sticker. Environment Minister Mah Bow Tan said. And a survey in February showed that six of the 25 distributors of these products reported higher sales. "It (the scheme) has been
        58 words
      • Article
        Factory night parking for trucks
        129 2  -  Reports By Chuang Peck Ming,Sylvia Wong CAR parking lots in factories may be used for parking of heavy vehicles at night. Acting National Development Minister Lim Hng Kiang said. "Besides the heavy vehicle/lorry parks we have now. the PWD intends to allow the private sector
        129 words
    • Article
      Crucial aspect of case changed on third day of trial: defence
      350 2  -  The OSA trial Reports by Ramesh Divyanathan A DEFENCE lawyer said in the Subordinate Court yesterday that the prosecution changed, three days into the trial, a crucial aspect of its case against a government economist of breaching the Official
      350 words
    • Article
      CASE FILE
      144 2 On trial: Five men who face 11 charges of breaching the Official Secrets Act. One is charged with endangering the secrecy of classified documents and the other Jour with communicating and/or receiving the government's 4.6 per cent flash estimate of second-quarter 1992 economic growth before it was officially
      144 words
    • Article
      Court told why 3 charges against economist cannot be sustained
      348 2 A SUBORDINATE Court heard yesterday that three charges against a private sector economist under the Official Secrets Act (OSA) cannot be sustained because a charge against another accused was amended. Counsel Michael Khoo said the amendment of a communication charge
      348 words
    • Article, Illustration
      Travel '94 nets $14m worth of sales
      298 2 A TOTAL of 148 exhibitors chalked up overall sales of more than Sl4 million during the Travel 94 fair. National Association of Travel Agents president Robert Khoo said yesterday. This was about 17 per cent more than last year, he said. This year's
      298 words
Page thumbnail Page 3
  • THE REGION
    • Article
      Lock icon Beijing urges citizens to buy new treasury bonds
      498 3 AP BEIJING The government yesterday urged Chinese citizens to snap up new treasury bonds and said rich regions will have to hand over lots more money to Beijing to help fight soaring inflation. Beijing desperately needs the revenue so it can cut
      AP  -  498 words
    • Article
      Lock icon HK dollar may be allowed to circulate in Shenzhen
      353 3 AFP. Reuter HONGKONG China may allow Hongkong's currency to circulate freely in the mainland's booming Shenzhen special economic zone, it was reported yesterday. Senior officials of the People's Bank of China were cited by the Beijing-run Ta Kung Pao newspaper as
      AFP.; Reuter  -  353 words
    • Article
      Lock icon China hints at concessions to UK on HK airport row
      195 3 Reuter HONGKONG China has hinted at concessions in a dispute over ways to finance Hongkong's new US$2O billion (SS32 billion) airport project, the pro-Beijing newspaper Wen Wei Po reported yesterday. The daily quoted Lu Ping, director of China's Hongkong and
      Reuter  -  195 words
    • Article
      Lock icon Japan's family savings dip for first time in 31 years
      352 3 AP TOKYO The average Japanese family's savings fell last year for the first time in 31 years, in an indication that the nation's prolonged economic slump has finally begun hurting typical households. The average family had 14.98 million yen (*****,000)
      AP  -  352 words
    • Article, Illustration
      Lock icon Riding the wind
      37 3 AFP MIE, Japan An aerial view of the 1,715-metre long roller-coaster, called "White Cyclone", at the Nagashima amusement park in Mie prefecture, in western Japan. The 45.5-jnetre high wooden roller-coaster starts running tomorrow. AFP
      AFP  -  37 words
    • Article
      Korea firms anxious over EU plan to revoke GSP
      189 3  -  From Sohn Jie-Ae in SEOUL SOUTH Korean companies fear that the European Union's plans to revoke the country's Generalised System of Preferences from the middle of this year would dampen exports. This is crucial as exports to Europe have been showing
      189 words
    • Article, Illustration
      Lock icon China plays bigger role in trade between S'pore and Hongkong
      516 3  -  By Schutz Lee SINGAPORE A large proportion of the trade between Singapore and Hongkong last year involved China, and the continued dynamism of the Chinese economy is likely to sustain that trend this year. Compared to 1992, more Hongkong exports
      Source: Census & Statistics Dept  -  516 words
    • Article
      Hanoi cracks down on investment licence speculation
      376 3  -  By Harish Mehta SINGAPORE Hanoi is clamping down on speculators who sell investment licences for a profit, and has threatened to cancel those investment licences not used within six months. The State Committee for Cooperation and Investment (SCCI) says that 129 investment projects
      376 words
    • Article
      Lock icon Vietnam plans to shed state control of key industries
      381 3 AP HANOI Vietnam plans to reduce direct state control of key economic sectors in an effort to boost efficiency and foster corporate self-management. The strategy, backed by Prime Minister Vo Van Kiet. calls for the formation of business groups each comprising
      AP  -  381 words
    • ASIA NOTES
      • Article
        Lock icon HK announces dates for elections
        85 3 Reuter HONGKONG The government yesterday announced the dates for elections due to be carried out under the terms of Governor Chris Patten's controversial democratic reforms that have angered China. Secretary for Constitutional Affairs Nicholas Ng said polls for the District Council will be held on
        Reuter  -  85 words
      • Article
        Lock icon BP, partners to explore Tarim Basin
        97 3 Bloomberg Business News BEIJING British Petroleum Co, Nippon Oil Co, Itochu Corp, Mitsubishi Corp and Mitsui and Co have won the right to explore for oil and gas in China's remote Tarim Basin, Nikkei English News Service said yesterday in a report quoting unnamed
        Bloomberg Business News  -  97 words
      • Article
        Lock icon China electronics growth seen at 22pc
        102 3 Reuter BEIJING China's electronics industry is expected to grow at 22 to 25 per cent a year in this decade and become a 500 billion yuan (5590.8 billion) to 650 billion yuan industry by the year 2000, ranking fourth in the world, the China
        Reuter  -  102 words
      • Article, Illustration
        Lock icon Deadly water tank
        51 3 Reuter BANGKOK Rescue workers digging through a huge bomb made from a steel water tank packed with ammonium nitrate, an explosive chemical, detonators and a dead body on Thursday. Police suspect the bomb may have been part of a plot to attack the Israeli embassy in Bangkok.
        Reuter  -  51 words
      • Article
        Lock icon Taiwan to cut tariffs on 74 items
        100 3 AFP TAIPEI Taiwan is to cut tariffs on 74 items by up to 50 per cent at the end of this month, in line with demands by the United States, a customs official said here yesterday. The affected items, including chemicals, machinery, textiles
        AFP  -  100 words
      • Article
        Lock icon More phone lines for Indonesia
        65 3 Bernama-Xinhua JAKARTA The state-owned telecommunication company PT Telkom has made plans to install five million telephone line units in the next Five-year Development Plan (1994-1998). This is to meet the increasing demand for telecommunication services, the company said yesterday. According to the latest data, the
        Bernama-Xinhua  -  65 words
Page thumbnail Page 4
  • THE REGION/WORLD
    • Article, Illustration
      Lock icon Foreign share of Japan's semiconductor market rises above crucial level
      545 4 AP TOKYO The share of foreign semiconductors in the Japanese market, one of the most divisive issues in AmericanJapan trade relations, edged back above a crucial target level of 20 per cent in the last quarter of 1993. the two
      AP  -  545 words
    • Article
      Lock icon Opec unlikely to cut oil output in meeting next week
      475 4 Reuter LONDON Opec appears unlikely to cut oil output when it meets next week in Geneva despite the adverse effect such inaction is likely to have on prices. Opec delegates and industry analysts said yesterday. While nobody rules out a
      Reuter  -  475 words
    • Article
      Lock icon Honda to demote, cut pay of unproductive managers
      281 4 Reuter TOKYO Japan's Honda Motor Co said yesterday it would start a tough new personnel policy threatening unproductive managers with demotion and pay cuts, a move analysts said is part of a broader trend whittling away at Japan's once-vaunted iifetime employment system.
      Reuter  -  281 words
    • Article, Illustration
      Lock icon Getting all het up over Gatt
      62 4 Reuter Nt\\ DELHI An Indian farmer earning a plaeard during a rally yesterday called by the ?k irK n<Er ,ty f P rotest j a K ai st ,he General Agreement on Tariffs and Trade (Gatt). More than 100,000 people attended the rally. The
      Reuter  -  62 words
    • Article
      Lock icon Bank chief tips M'sian CPI rise
      279 4 Bernama KUALA LUMPUR The consumer price index, which rose 4 per cent in January this year, is expected to creep up further in February. Bank Buruh (M) Bhd executive director Ramon Navaratnam said yesterday. The growth in the CPI for January, compared with a
      Bernama  -  279 words
    • Article
      Lock icon US Senate unanimous in vote to hold Whitewater hearings
      317 4 AP WASHINGTON Staking out a role independent of the Whitewater special counsel, the Senate unanimously voted to hold hearings at an unspecified date on the Arkansas land dealings involving President Bill Clinton and his wife. Shortly before the Senate's vote on
      AP  -  317 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      828 4 GENERAL SECURITIES INVESTMENTS LIMITED (Incorporated in Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Nineteenth Annual General Meeting of the shareholders of the Company will be held in the Function Room of The Development Bank of Singapore Ltd, 45th Storey, DBS Building, 6 Shenton Way, Singapore
      828 words
    • Advertisement
      Page 4 Advertisements Column 2
      13 4 I Put The Straits Times Classified a p to work for you today.
      13 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      226 4 CRYPTIC CROSSWORD I 9 Mandarin a loose jacket—a ———JIB— 10 Endlessly craving drug in about? —-LJ—^ Lai—LmJ^ LmJ— 16 Part of the Mass. or short i6~ ~~~^l prelude to it (7) I I I I 111 I I I Foolishly sentimental in Ox- hear 18 Workers in coal-mine ring for
      226 words
Page thumbnail Page 5
  • THE WORLD
    • Article
      Top US officials hint of hope for China's MFN status
      384 5  -  From Leon Hadar in WASHINGTON TWO high-level US officials suggested yesterday that Beijing has made some major improvement in its human rights policies to the extent that they would permit President Bill Clinton to renew its trade status in June.
      384 words
    • Article
      Lock icon French govt backs down on youth wage cut after riots in cities
      325 5 AP PARIS A day after clashes erupted between youths and police in a dozen cities, the government retreated yesterday from a plan to lower the minimum wage for young people. The plan has sparked massive protests nationwide. Hundreds
      AP  -  325 words
    • Article
      Lock icon Muslims, Croats sign federation peace pact for Bosnia
      311 5 Reuter WASHINGTON Bosnian Muslims and Croats signed documents yesterday creating a federation on the non-Serb remains of Bosnia and linking that with Croatia in what could be a major step towards peace in the war-shattered area. "We have come to bear witness
      Reuter  -  311 words
    • Article
      Lock icon US pledges US$40m for Russian defence conversion
      266 5 Reuter, AFP MOSCOW The United States yesterday promised to turn words on defence conversion into deeds, offering US$4O million (SS64 million) and naming four Russian weapons firms which, through joint ventures with US companies, might qualify for cash. US Defence Secretary William Perry,
      Reuter,; AFP  -  266 words
    • Article
      Lock icon German money market rates will still fall: Tietmeyer
      252 5 Bloomberg Business News BONN Hans Tietmeyer, president of the Bundesbank, said German money market rates would continue to fall even though the central bank left interest rates unchanged on Thursday. The fact that the Bundesbank chose not to cut its discount and
      Bloomberg Business News  -  252 words
    • Article
      Lock icon Europe firms told of China's energy market potential
      333 5 AFP BRUSSELS China's highgrowth economy is creating a huge demand for clean, efficient energy, and there is big potential for European firms to help provide it, a Euro-China conference was told here on Thursday. The director-general of the Chinese Department of Industrial
      AFP  -  333 words
    • Article, Illustration
      Lock icon A spirited call to Zulus
      100 5 Reuter ULUNDI, South Africa A traditional praise singer calling on ancestral spirits on Thursday outside the KwaZnln Legislative Assembly (KLA). Behind him is a statue of Zulu warrior King Shaka. There were fears that the Inkatha Freedom Party, led by KwaZnln chief minister Mangosuthn Buthelezi,
      Reuter  -  100 words
    • WORLD WATCH
      • Article
        Lock icon No to US balanced budget amendment
        84 5 Bloomberg Business News WASHINGTON The US House of Representatives rejected an amendment yesterday that would have required Congress to balance the federal budget every year starting in 2001. The vote was 271 to 153. 12 votes short ot the two-thirds majority needed to pass
        Bloomberg Business News  -  84 words
      • Article
        Lock icon Hurd told to end EU voting deadlock
        88 5 AKP LONDON The British Cabinet has authorised Foreign Secretary Douglas Hurd to reach a compromise agreement on European Union voting, the hnanciul litnes said. The paper reported that, in an attempt to end deadlock, the other European Union partners were informally offering Britain
        AKP  -  88 words
      • Article
        Lock icon Thatcher lectures Brazil on economics
        78 5 Reuter SAO PAULO Margaret Thatcher lectured Brazilian politicians on I hursday on the virtues ot privatisation and small government as a recipe to heal their inflation-ridden economv. "The recipe for bringing down inflation is well known and has been successfully applied many times. It is
        Reuter  -  78 words
      • Article
        Lock icon Italy floats state bank — 60 years on
        101 5 Italy floats state bank 60 years on Reuter MILAN In March 1934. fascist dictator Benito Mussolini gave the go-ahead to privatise Banca Commerciale Italiana. the jewel among Italy's state banks. Sixty years later. Italy has finally done it. "It needed a bit of time, but we did it." said Romano
        Reuter  -  101 words
      • Article
        Lock icon Bank to aid poor in Latin America
        82 5 AFP SAN JOSE The Inter-American Development Bank plans to invest USS2O billion (5531.6 billion) in anti-poverty programmes to fend off social discontent in Latin America, the bank's president said on Thursday. Pilot programmes will be implemented in Costa Rica. Trinidad and Tobago and
        AFP  -  82 words
    • Article
      Lock icon Governments put away a record stash of rainy day cash
      283 5 AP WASHINGTON Countries all over the world set a record in 1993 for their holdings of reserves, the money that governments put aside for a rainy day. The International Monetary Fund says the total at the end of the year
      AP  -  283 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1644 5 9& ntft era n*t ctg m n» n» GA860 2005 SQ175 1905 VN740 1410 RJ187 0130 Matyai MI895 2300 TG408 0820 Anstardaei SQ25 0635 KL844 0535 M1896 1920 KL837 1545 KL838 2335 IIhiMim SQ991 1730 SQ992 0155 SQ324 Ho CM Minti City VN741 1310 VN740 1410
      1,644 words
Page thumbnail Page 6
  • COMPANIES & MARKETS
    • Article
      Four Seasons condo helps HPL's profit double to $65m
      421 6  -  By A J Leow PROFITS from property investments helped boost net earnings for Ong Beng Seng's listed Hotel Properties group by an impressive 115.8 per cent for the year ended last Dec 31. The group yesterday announced an after-tax profit of
      421 words
    • Article
      SCS profits jump 35pc to $5.3m despite competition
      298 6 SINGAPORE Despite stiff competition in the local computer industry, Singapore Computer Systems has registered a sharp increase in profit. The company yesterday reported a 35 per cent rise in after-tax profit to $5.33 million for the year to last Dec 31 on
      298 words
    • Article
      Tuan Sing ties up with China firm to develop Shanghai industrial park
      191 6 SINGAPORE Propertybased Tuan Sing Holdings has tied up with a Chinese company to develop an industrial park in Shanghai. Tuan Sing said yesterday the parters would form a joint venture company with initial paid-up capital of about US$lO
      191 words
    • Article
      Sembawang Engg to bid for second Chinese power plant project
      175 6 SINGAPORE Sembawang Engineering is teaming up with American Bechtel and Mission Energy to bid for a US$7OO million (SS 1.1 billion) power plant project in Meizhou Bay, Fujian province. The Sembawang Group already has a power plant project in China.
      175 words
    • Article
      Prima incurs 19.6pc drop in earnings
      274 6 SINGAPORE Flour miller Prima Ltd reported a 19.6 per cent decline in net earnings last night to 59.26 million, on a slightly lower turnover of SI 17.34 million for the year ended Dec 31. Its performance was hurt by losses incurred by the core
      274 words
    • Article
      Early general election may not be enough to kick-start M'sian market
      602 6  -  HOCK LOCK SIEW By Ho Kay Tat KUALA LUMPUR What do you do when the patient, the stock market, is in comatose? Call the good old doctor, of course. Market analysts are increasingly banking on Malaysian Prime Minister Mahathir
      602 words
    • Article
      FCC interim profits rocket 121pc, but subsidiary's tumble
      440 6  -  By Lilian Ang SINGAPORE Listed First Capital Corporation (FCC) posted a massive 121 per cent increase in interim net earnings to 542.81 million, riding on the strength of the local property market. Turnover, backed by brisk sales of the group's condominium projects,
      440 words
    • EYE on your STOCKS
      • Article
        MARKET MOOD
        19 6 For next week s expected market sentiment, see BT Sentiment Index on E1.4 (Personal Finance <$ Investment section)
        19 words
      • Article, Illustration
        HOT STOCK
        152 6  -  -ff By Paul Leo Avimo lost one-third of its value to Si.B3 yesterday from a high of 52.73 on Jan 4. The weekly Relative Strength Index is below 25 and any further weakness will push it into deeply oversold region. The weekly RSI reached the oversold region only
        152 words
    • COMPANIES
      • Article
        Wuxi-S'pore Industrial Park woos SMEs with incentives
        463 7  -  By C Genevieve Cua, Joycelyn Shu SINGAPORE The developers of the Wuxi-Singapore Industrial Park in China are offering a range of incentives to get small and medium-size (SME) companies to take up leases there in a novel move to help them regionalise. The
        463 words
      • Article
        Lock icon Landmarks to cut debt with sale of stakes in three firms
        331 7 MBT KUALA LUMPUR Landmarks Bhd expects to reduce its gearing to 0.217 times from 0.306 times, after it repays about M 556.5 million (5532.8 million) of its bank borrowings from proceeds from the sale of interests in Saujana Resort
        MBT  -  331 words
      • Article
        Lock icon CDL Hotels net profit soars 50pc
        173 7 Bloomberg Business News HONGKONG Hongkongbased hotel group CDL Hotels International, which is listed on Singapore's Clob, said its net profit rose 50.6 per cent in the fiscal vear ended Dec 31 1993. In a statement to the stock exchange, the City Developments subsidiary said
        Bloomberg Business News  -  173 words
      • Article
        Lock icon TRI looks to long-term and quality returns
        314 7 Bernama KUALA LUMPUR Technology Resources Industries Bhd (TRI), the telecommunications group, has much of its activities planned for long-term rewards and quality returns on investment, chairman Tajudin Ramli says. As such, he added in the company's latest annual report, the true earnings potential
        Bernama  -  314 words
      • Article
        Lock icon Juan Kuang in push for China, Asean presence
        229 7 Bernama KUALA LUMPUR Juan Kuang (M) Industrial Bhd and its subsidiaries will expend more resources and efforts to establish a presence in China and other Asean countries as part of its long-term strategic plan, said chairman JafTar bin Abdul. He said in
        Bernama  -  229 words
      • Article, Illustration
        Lock icon You're sure it's a four-wheel-drive?
        41 7 Reuter IANOI Three curious Vietnamese checking the features of a brand new Pajero, a four-wheel-drive vehicle manufactured by Japan's Mitsubishi Motors, yesterday. The vehicle was on display at the Japan Industrial Exhibition *94 in Hanoi. Reuter
        Reuter  -  41 words
      • Article
        Lock icon Malaysian Helicopter rules out big deals, but still game for new lines
        353 7 Bernama PETALING JAYA Malaysian Helicopter Services Bhd will continue to seek new businesses to complement its core activity as a transport-based company, but is ruling out any major transactions in the near future. "We feel we have a
        Bernama  -  353 words
      • Article
        Lock icon Aussie firm Lend Lease, Sinar Mas in property tie-ups
        484 7 Reuter SYDNEY Australian property and financial services group Lend Lease Corp Ltd announced a joint venture yesterday with Indonesia's secondlargest business group. Sinar Mas, to tap the country's real estate and financial services sectors. Executives at neither company would place a
        Reuter  -  484 words
      • COMPANY BRIEFS
        • Article
          Lock icon Kulim acquires 91pc of Nat Oleo
          66 7 Bernama KUALA LUMPUR Kulim (Malaysia) Bhd yesterday announced the acquisition of 91.38 per cent of Natural Oleochemicals Sdn Bhd (Nat Oleo). comprising 23.32 million ordinary shares tor M 531.015 million (SSIB.I million) cash. Nat Oleo's principal activity is the manufacture and export of oleochemicals.
          Bernama  -  66 words
        • Article
          Richmond Park's units sold out
          90 7 SINGAPORE Within two days, all 159 units of highrise condominium Richmond Park, being developed by DBS Land at Bideford Road, have been sold out. Phase One, which comprised 95 units including three penthouses, was open for booking on Thursday and was sold out within five
          90 words
        • Article
          Hotel Negara's profit falls 30.9pc
          89 7 SINGAPORE Hotel Negara has reported a 30.9 per cent drop in net earnings to 5i27,566 for the year to Dec 31. The fall was on an 82.2 per cent slump in revenue to $22,990. But the company made an extraordinary gain of $2.32 million on
          89 words
        • Article
          Exchange rate for M$ dividends
          43 7 SINGAPORE The Stock Exchange of Singapore said yesterday that the exchange rate used to calculate the conversion of dividends paid in Malaysian ringgit by Malaysian companies would be MS 100 to 5557.92 for the week ending March 25.
          43 words
        • Article
          S'pore Re appoints 2 directors
          64 7 SINGAPORE Singapore Reinsurance Corp has appointed Yeo Yong Heng and Hsu Tse-Kwang directors. Mr Yeo, 37, is chief general manager and chief executive officer of Singapore Re. He has a 0.03 per cent stake in the company. Dr Hsu. 65. is also corporate counsellor of
          64 words
        • Article
          Hong Leong Finance's new unit
          43 7 SINGAPORE Hong Leong Finance incorporated a new subsidiary called Hong Leong Finance Nominees on March 3. The new firm has authorised capital of 5500.000 and issued and paid-up capital of $2. It will act as a nominee company.
          43 words
        • Article
          Lock icon MGR sees more good results this year
          73 7 Bernama KUALA LUMPUR Timber-based MGR Corporation Bhd, which is on an expansion drive, expects to return another set of good results for the financial year ending Sep 30. 1994. For 1993, the company recorded a 45 per cent increase in group pre-tax profit
          Bernama  -  73 words
        • Article
          SSE promotes senior managers
          55 7 SINGAPORE Singapore Shipbuilding and Engineering has promoted several senior managers. See Leong Teck has become senior vice-president and general manager. Wong Kin Hoong and I an Pheng Hock have been promoted to vice-presidents. SSE said the promotions were to prepare for the operation of its new
          55 words
      • Article
        Lock icon Guinness Anchor's pre-tax profit plunges 45.7pc
        266 7 Bernama KUALA LUMPUR Difficult trading conditions led Guinness Anchor Bhd to record a 45.7 per cent fall in group pre-tax profit to M 554.61 million (5531.67 million) for the year ended Dec 31, 1993, compared with MS 100.58 million a year earlier. This was
        Bernama  -  266 words
      • COMPANY BRIEFS
        • Article
          Lock icon Jardine International profit up 23pc
          117 8 Bloomberg Business News HONGKONG Motor vehicle distributor Jardine International Motor Holdings said its net profit rose 23 per cent in 1993 as its British business recovered from losses and sales of Mercedes-Ben/ cars soared in China. But company officials warned that Beijing's imposition of a
          Bloomberg Business News  -  117 words
        • Article
          Lock icon Cheung Tai Hong shares drop 24pc
          82 8 Bloomberg Business News HONGKONG Shares in Hongkong trading company Cheung Tai Hong Holdings fell 24.2 per cent, or 29 HK cents, lrom their issue price in their first day of trading on the Hongkong Stock Exchange yesterday. Cheung Tai Hong shares hit a morning
          Bloomberg Business News  -  82 words
        • Article
          Lock icon Fujitsu, Alcatel win cable-laying deal
          75 8 AFP TOKYO Japan's Fujitsu and Alcatel Submarcom of France have won a joint contract to put in place a submarine optical fibre cable linking Hongkong. Vietnam and Thailand, a company spokesman said. The 13-billion-yen (about SS2O() million) project to lay a 3.400-km cable is expected
          AFP  -  75 words
        • Article
          Lock icon Hanson opens first office in HK
          63 8 Bloomberg Business News LONDON L'K conglomerate Hanson pic has formed a vvhollyowned subsidiary. Hanson Pacific pic. and opened its first office in Hongkong to facilitate joint venture programmes in the region, the company announced. Investment banker Simon Hsu. a 33-year-old naturalised US citizen who
          Bloomberg Business News  -  63 words
      • Article
        Lock icon HK toy maker to offer 50m shares at HK$1.06 each
        170 8 Bloomberg Business News HONGKONG Toy manufacturer Rhino International (Holdings) will issue 50 million new shares in an initial public offering. The new shares, representing 25 per cent of the company's enlarged capitalisation, will be offered at HKSI.O6 each for a
        Bloomberg Business News  -  170 words
      • Article, Illustration
        Lock icon Shenzhen firm board reshuffle caps China's first hostile raid
        407 8 Reuter SHANGHAI A Shenzhen company successfully wrested control of the board of a Shanghai-listed firm, six months after launching China's first stock market raid and despite a stiff fine for violating rules. The Shanghai Securities v yesterday reported a boardroom reshuffle
        Reuter  -  407 words
      • Article
        Lock icon Sino Land interim profit down 3.1pc
        256 8 Bloomberg Business News HONGKONG Sino Land Co. a rapidly growing Hongkong real-estate developer, said its net profit fell 3.1 per cent in the six months ended Dec 31. 1993. In a statement, the companv said its profits fell to HK5566.1 million (SSI 14.5 million)
        Bloomberg Business News  -  256 words
      • Article
        Lock icon Retailer of luxury goods net earnings up 19pc
        326 8 NYT PARIS Belying reports that luxury goods are headed into decline in the more austere *****. LVMH Moet Hennessy Louis Vuitton said on Thursday that it is headed for a comeback, reporting an unexpected pick-up in 1993 sales and profit. Executives at
        NYT  -  326 words
      • Article
        Lock icon Kemper board rejects GE's acquisition proposal
        193 8 Reuter CHICAGO Kemper Corp said its board of directors unanimously rejected an unsolicited acquisition proposal from General Electric. The board determined that the sale of the company is not in the best interest of its stockholders at this time. Kemper said in a statement.
        Reuter  -  193 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        671 8 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure JurOflg Port Batam Seeed ***** PC1A 1803 1900 18 03 2300 Batam irdah N107 II alongside 1903 2330 Batam Speed 12C94 P01A 1903 1900 1903 2300 Batan Mum 03 06 94 11 alongside 1903 2345
        671 words
      • Article
        CONTAINER SCHEDULES
        1981 8 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Booking/Balance Rslts Ship Voy No Etb/Btr Period From To From Am Datt» 050A 19 IMP 1A 18 lbOO 18 1659 18 1900 At> Id* 181A 20 0500 IB 18 lbOO 18
        1,981 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Indonesian bad loan crisis won't deter offshore lenders
        361 9 Knight-Ridder JAKARTA The bad loan crisis that has shaken Indonesian banks and scandalised the state development bank Bapindo is not likely to hurt the ability of Indonesian banks to borrow ofTshore. say foreign bankers and economists. Recent Finance Ministry disclosures that non-perform-ing
        Knight-Ridder  -  361 words
      • Article
        Simex is first non-Japan exchange to trade on the new Nikkei 300
        329 9  -  By Soh Tiang Keng SINGAPORE The Singapore International MonetaryExchange has become the first non-Japanese exchange to get the nod to trade on the newlycreated Japanese stock index. Nikkei 300. Simex announced yesterday that it has got the licensing
        329 words
      • Article
        Lock icon Thai firms, Viet bank team up to form agriculture bank
        249 9 Bloomberg Business News HANOI Two Thai firms < have formed a joint venture I with the Vietnam Bank of Agriculture to provide loans to I farmers, an executive of one of i the companies said. < The Charoen Pokphand I
        Bloomberg Business News  -  249 words
      • Article
        Lock icon Japan's money supply growth expected to stay slow
        184 9 Reuter TOKYO Japan's money supply growth is seen continuing at low levels with little prospect of increases in bank lending, economists said. Japan's broadly defined money supply average of M 2 plus certificates of deposit (CDs) grew a preliminary 1.6 per cent
        Reuter  -  184 words
      • Article
        Lock icon Thai finance firms' regional applications close May 31
        231 9 Knight-Ridder BANGKOK Thai finance firms must apply by May 31 to open new provincial offices this year, the Bank of Thailand said. The move is intended to improve access to credit in provincial areas, said Thirachai Phuvanatnaranubala. director of the Thai central
        Knight-Ridder  -  231 words
      • Article
        Lock icon Bank Negara allows insurers to buy unsecured bonds
        283 9 knieht-Ridder KUALA LUMPUR Bank Negara was allowing Malaysian life insurers to invest in unsecured private debt securities with favourable ratings, insurers said yesterday Investments in debt securities with maturities of more than a year must be in paper with a rating of
        knieht-Ridder  -  283 words
      • Article
        Lock icon Two US banks raise prime rates to 6pc
        197 9 AFP NEW YORK Two major US banks. Harris Trust and Morgan Guaranty Trust, announced on Thursday that they would raise their prime rates to 6 per cent from 5.5 per cent. The two hanks had lowered their rates to 5.5 per cent
        AFP  -  197 words
      • SMALL CHANGE
        • Article
          Lock icon HK prime lending rate stays at 6.5pc
          92 9 Reuter HONGKONG Ihe Hongkong Association of Banks said it decided to leave interest rates unchanged at yesterday s regular weeklv meeting. with the prime lending rate sta>ing at 6.5 per cent. The deposit rates are savings 1.5 per cent, seven-day call 1.5 per
          Reuter  -  92 words
        • Article
          Lock icon Tokyo ministry raps Kankaku
          85 9 Reuter rOKYO Ihe Ministry ol Finance (MOF) said it has told Kankaku Securities to suspend business at its corporate division for 10 business days, from March 25 to April 7. The SESC said on March 11 it had found that Kankaku had illegal!v guaranteed investment profits.
          Reuter  -  85 words
        • Article
          Lock icon US Senate clears fair trade Bill
          108 9 Knight-Ridder WASHINGTON The Senate has approved a Bill that would allow the government to block the expansion of foreign financial firms operating in the US. The measure, called the Fair Trade in Financial Services Act. is aimed at getting tough with US trade partners
          Knight-Ridder  -  108 words
        • Article
          Lock icon Paribas raises BCI stake
          62 9 Reuter PARIS Financiers de Paribas said in a statement that it had boosted its holding in Italian bank Banca Commerciale Italiana to more than 2.5 per cent. Paribas. which already held 1.7 per cent ol the Italian bank, said it bought further shares on the market
          Reuter  -  62 words
      • Article
        Lock icon NY Fed head asks accountants to evaluate derivative risks
        378 10 IHT PARIS The president of the Federal Reserve Bank of New York, ealling for more publie disclosure in the fast-growing and controversial derivatives market, has asked the world's leading accounting firms to speed efforts to better evaluate the potential financial risks.
        IHT  -  378 words
      • Article, Illustration
        US$ continues to be bearish
        411 10 DBS Weekly Currency Review L SS/DM: Bearish outlook intact The greenback corrected from last week's losses to touch a high of 1.7000 on Wednesday. But fresh selling dragged it down to 1.6770 on Thursday. It then recovered to trade around 1.6930 yesterday morning. A bearish
        411 words
      • Article
        Lock icon India to allow import of white sugar to ease shortage
        329 10 Knight-Ridder NEW DELHI The Indian government said it would permit white sugar imports this year so that an expected domestic sugar shortage could be overcome. India will need imported white sugar only after August as domestic sugar stocks are enough
        Knight-Ridder  -  329 words
      • Article
        Lock icon Moscow wants stake in 2 big energy projects in Kazakhstan
        328 10 FT ALMA ATA, Kazakhstan Russia has increased the pressure on Kazakhstan and its Western partners to give Moscow a stake in two of the largest energy projects in the former Soviet Union. The Russian targets are the Tengiz oil field,
        FT  -  328 words
      • Article
        Lock icon Coffee prices on boil as key London contract rises US$29
        345 10 Reuter LONDON Coffee prices stampeded higher on Thursday, charging through key resistance to set a three-year high amid renewed optimism that demand is outstripping supply. The key London near May contract shot US$29 (SS46.U) higher to 1,340 a tonne, the
        Reuter  -  345 words
      • Article
        Lock icon Petronas cancels sales tender for April crude oil
        187 10 Bloomberg Business News KUALA LUMPUR Petronas, Malaysia's state oil company. has scrapped plans to sell about one million barrels of April crude oil to the highest bidder, said a Petronas executive. Last week. Petronas ofYered a 450.000 to 500.000-barrel cargo of Malaysian
        Bloomberg Business News  -  187 words
      • Article, Illustration
        Banque Indosuez REGIONAL CURRENCY REPORT
        146 10 The USS rallied sharply overnight especially against the deutschemark after a sharp plunge on reports that Buba president Tietmeyer had indicated the possibility of lower German money market rates. The Far East saw the uptrend continue on short-cover-ing of overnight positions. The USS/SS saw very
        146 words
      • Article
        Lock icon London
        177 10 Bloomberg Business News LONDON The dollar was little changed against the deutschemark here yesterday as traders awaited the outcome of a surprise meeting between Federal Reserve chairman Alan Greenspan and President Bill Clinton for clues on possible US interest rate rises next week. The Fed's policy-making Open Market Committee,
        Bloomberg Business News  -  177 words
      • Article
        Lock icon Crude oil futures steady ahead of Opec meeting
        177 10 ENERGY REPORT Bloomberg LONDON Oil futures prices were little changed as traders showed caution ahead of next Friday's Opec meeting, brokers said. The 12 oil ministers of the Organisation of Petroleum Exporting Countries will convene in Geneva to discuss production quotas for
        Bloomberg  -  177 words
      • Article
        Lock icon New York
        86 10 AFP NEW YORK The dollar was firmer against other major currencies on Wall Street boosted by cover-buying yesterday. Gold meanwhile was up USS4.6O to stand at USS3B7 an ounce compared to its Thursday close. At 9:30 am (1430 GMT), the dollar was exchanging at 1.6955 German marks compared
        AFP  -  86 words
      • Article, Illustration
        Untitled
        1653 10 liaJt' umthuxi ithlt x mk ulah-d amnn\t S'piwv's l<i> 14 tiaJmq furiih'i* Bum' war IW< US$/S$ forward rates Noon Mar 18 ss Bid Oder 1-month I 58M I 584<» J-month 1.5829 I 5844 Vmonth 1 5825 I 5840 6-month 1.5815 1.58*5 W«u (X tt( Source: OCBC FOREIGN CURRENCY NOTE RATES
        1,653 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Euroyen lower as dealers move to JGBs
        1361 11 SIMEX REPORT Reuter SINGAPORE Simex Euroyen futures closed lower in directionless trade yesterday. "The market has tested the lows but it does not look like it is in a hurry to go back up." said a European bank dealer. Traders said a clearer
        Reuter  -  1,361 words
      • Article
        KL tin surges 42 sen to M$14.73
        595 11 COMMODITY REPORTS Tin THE tin price on the Kuala Lumpur Tin Market rose another 42 sen to MS 14.73 per kg yesterday, aided by technical factors and stronger overseas advices. Traders said the market was technically-driven just like Thursday's, drawing much support from
        595 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          China's edible oil buying seen slowing
          99 11 TOKYO Following an active month in the edible oil market and a number of defaults in both soyoil and palm oil purchases. Chinese buying is likely to slow through April or be steady at best. Trade sources said Chinese stocks of edible oil are
          99 words
        • Article
          Taiwan copper imports surge
          177 11 TOKYO Copper imports into Taiwan have risen dramatically, due in part to new laws limiting the importing of scrap copper and concern that prices for the red metal will climb higher in the coming months, according to traders. The buying binge will continue well into the
          177 words
        • Article
          India's coal output lower than targetted
          104 11 NEW DELHI India's coal output in the first 11 months of the current 1993-94 (April-March) fiscal year is pegged at 215.91 million tonnes, down from the government target of 216.05 million, the government said. Ajit Kumar Panja. the Minister of State for Coal, told
          104 words
      • Article
        COMMODITY PRICES
        1511 11 Rubber Singapore Commodity Exchange (futures dosing as at lp) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Seti (tonnes) Interest Apr 94 151.25 250 2.400 May 154 00 150.50 153.50 975 6.175 Jun 151.75 151.75 154 50 250 6.625 Jul/Sep 156.25 152.75 156.25 1.050 5.775
        1,511 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1223 12 -0.9 Australia's share market clawed back some of its losses but failed to cross the line into positive territory at the close yesterday. Brokers said the bourse was led to a weaker finish by the futures market, which slipped 13 points to 2.164.0 on low turnover of 5.778 lots.
        1,223 words
      • Article
        Manila
        589 12 -55.33 Share prices tumbled sharply at the close as punters were unnverved by the 300-point midday fall of the Hang Seng Index, brokers said. Manila closed 55.33 points lower at 2.657.98 points and Makati ended at 2.652.81 points. The market, however, ended 3.9 per cent higher compared to last
        589 words
      • Article
        Taipei
        555 12 -122.25 Taiwan stocks ended sharply lower across the board after a late wave of selling triggered by the financial sector's failure to sustain early gains. The index, which rose 26 points early on. closed 122.25 down at 5,274.81. near an intraday low of 5,272. Turnover was a modest NT545.64
        555 words
      • Article
        Seoul
        401 12 -5.49 Stocks closed easier in moderate trading after brief gains were wiped out by late selling pressure. brokers said. The suspension of trading in Namhan Paper dampened sentiment," said a broker. The suspension followed Nainhan's request to a local court for protection from creditors. The composite index closed 5.49
        401 words
      • Article
        New Zealand
        311 12 +7.79 The New Zealand share market failed to build on a strong early start, with much of the NZSE--40 capital index's 20 point rise in opening being eroded in the afternoon session. The index closed at 2.293.16, up 7.79 points from the opening mark of 2.285.77. The peak
        311 words
      • Article
        Bombay
        58 12 +0.16 Stock prices closed at around Thursday's levels in a trading session devoid of fizz as most big market players awaited clearer trends, brokers said. The Bombay Stock Exchange 30-share index closed at a provisional 3.793.14. up 0.16 points from the previous close, brokers said. The 100-share national index
        58 words
    • WORLD STOCK MARKETS
      • Article
        London
        810 12 -37.6 Shares ended weak but above the day's lows in a turbulent session, dominated by rumours over US interest rates and other factors with volatility magnified by continuing thin volumes. Modest Dow gains gave support. The FTSE 100 index closed 37.6 points off at 3,218.1 having touched a low
        810 words
      • Article
        Paris
        135 12 -26.5 French shares ended over I per cent easier, with the market fearing a tightening in US rates, traders said. Gloom spread from bond markets into equities. Professionals took up most of the trading, with institutions sidelined. The CAC-40 index closed down 26.50. or 1.18 per cent, at 2.221.34.
        135 words
      • Article
        Frankfurt
        181 12 -0.89 pc The 30-share DAX index closed the bourse session at 2.155.61, down 0.89 per cent or 19.45 points on the day and off 4.84 points from Thursday's postbourse close. The bourse session was largely uneventful and worries about price volatility ahead of the expiry of DAX index options
        181 words
      • Article
        Johannesburg
        326 12 +33 Gold shares notched up surprisingly strong gains in steady trade on the Johannesburg Stock Exchange, leaving puzzled dealers casting about for fundamental reasons for the movement. The gold index closed 86 points higher or 4.4 per cent at 2.045. the industrial index made 33 points to 6,140 and
        326 words
      • Article
        Brussels
        176 12 -6.37 Belgian shares ended lower, drifting quietly in the last hour of trade after a volatile period during the expiry of stock index futures and options mid-afternoon. The Bel-20 index closed 6.37 points or 0.42 per cent lower at 1,511.74 after peaking at 1,521.02 at midsession on Bel-20 basket
        176 words
      • Article
        Toronto
        274 12 +8.22 Buoyant golds and triplewitching kept Toronto stocks afloat despite weak world markets and continued interest rate uncertainty, traders said. The TSE 300 composite index firmed 8.22 points to 4,551.51 in turnover of 51.64 million shares valued at Cs6o4 million. Triple-witching, the expiry of individual options, index options and
        274 words
      • Article
        New York
        845 12 10.65 The Dow Jones industrial average was up 10.65 points to 3.875.79 at 11 am EST yesterday. The key barometer was down 6.34 points shortly after the market opened. The New York Stock Exchange composite index was off 0.46 to 260.65, while the S&P 500-stock index was down
        845 words
      • Article
        Milan
        135 12 •193 Italian stocks ended lower along with other European stock and bond markets amid rising concern over higher US interest rates, traders said. They said a lack of news to push prices up after their recent gains, as well as falling bond prices, made stocks vulnerable to a decline.
        135 words
      • Article
        Zurich
        273 12 -20.54 Swiss shares ended lower in moderate volume, following bourses and bond markets elsewhere in Europe. Dealers said renewed uncertainty about US interest rates, which had been triggered by news Fed Chairman Alan Greenspan was meeting President Bill Clinton, weighed on Swiss shares. The SMI index of leading shares
        273 words
      • Article
        Untitled
        818 12 Stockholm Mar 18 Sfcr 61*00 -S.QO Aslra 162 00 -2 00 Atlas ufKO <0100 -5 00 Ericsson TH LM \B B 160 0U -2 00 Esah >*00 4 00 S-E Barken 54 00 -I 50 SKF 1)800 100 Sandsik ***** -2 00 Skandia 16)00 2 00 Volso 660 00 -600
        818 words
    • Article, Illustration
      Lock icon HONGKONG
      3138 13 Reuter HONGKONG Stocks closed sharply lower as institutions dumped blue chips and small investors joined the selling spree yesterday, brokers said. But the blue-chip index managed to hold above 9.000 after falling through that level in the afternoon. The Hang Seng Index ended down 380. 82 points, or 4
      Reuter; Source: Bridge Info  -  3,138 words
    • Article, Illustration
      CHINA
      528 13 THE Shanghai B share market continued to weaken as the rally on the A shares was losing momentum yesterday. The tumble in Hongkong also hurt sentiment. The CLSA Shanghai B Index went down 8.78 points to 818.76. Erfangji lost another 5 per cent on heavy overseas selling, whilst China
      528 words
    • Article, Illustration
      Lock icon TOKYO
      2553 13 Bloomberg Business News TOKYO Stocks declined as Japanese fund managers lowered otters to sell shares and raise cash to pay off investors in mutual funds that expire on March 31. Many of the redemptions are going to Japanese companies, which are eager to use the cash to shore up
      Bloomberg Business News; Source: Bridge Info  -  2,553 words
    • Article, Illustration
      Lock icon BANGKOK
      1815 13 Reuter BANGKOK Thai stocks closed the day 1.56 per cent lower on fears of tight money and ahead of a special parliamentary session to be held by the end of this month, brokers said. The SET index closed 19.80 points lower at 1.246.84 on thin four billion baht turnover.
      Reuter; Source: Bridge Info  -  1,815 words
    • Article, Illustration
      Lock icon JAKARTA
      1143 13 Reuter JAKARTA Share prices continued to end lower in moderate late trading in the absence of good news to prop up sentiment, brokers said. The official index fell 0.97 point to close at 508.88. "Selling pressures were on both local and foreign players." one local securities firm broker said.
      Reuter; Source: Bridge Info  -  1,143 words
    • Article
      CLOB INTERNATIONAL
      2756 14 MOST ACTIVE volume Promcl 12.595.000 Mulpha Intl 50c 6.458.000 Idns Hvd 50c 5.251.000 AMDB50C 4.821.000 kjmunling MX 4.42.1.000 Kcnong Bhd HX 1807,000 Pc*i Mmj 3.457.000 l-ahcr Group .1.077,000 Muhi-Purpose 2.719.000 Mcnang Corp 2.657.000 Sel Drcdg 50c 2 264.000 Johan Hides 50c 2.165.000 Lien Hoc TSR97 2.140.000 MOST ACTIVE
      2,756 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Shares fall as funds move out of South-east Asia
        5923 14 Bloomberg Business News KUALA LUMPUR Malaysia's benchmark stock index fell 1.96 per cent as foreign fund managers switching out of South-east Asian equities sold blue-chip shares yesterday, analysts said. The Kuala Lumpur Stock Exchange's Composite Index lost 20.14 points, or 1.96
        Bloomberg Business News; Source: Bridge Info  -  5,923 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7812 15 MAIN BOARD Transaction date: Mar 18 (ir (if 1993 94 tjnl Vol l)a> l-»st Quolr Di» Di» \ld Vet M a* High Low (ompan\ Salt ('000) lligh Low Bu>rr Viler S C*»r S PI Nmil INDUSTRIAL AND COMMERCIAL 1440 260 I s Ac ma 920 cd -50 312 990 8*0
        7,812 words
      • Article, Illustration
        Lock icon Fund managers unload regional stocks across the board
        1915 16  -  By R Sivanithy SINGAPORE Share prices tumbled yesterday as foreign funds sold South-east Asian stocks across the board. From the start of trading, the Straits Times Industrials Index gradually drifted south. In mid-afternoon, it broke the psychological 2,100 barrier when it bottomed
        Charts by Bridge Info; Source: Bloomberg  -  1,915 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      431 6 NEWS VALUE How today 's news might affect your stocks Foreign unit trust redemptions send S'pore, KL stocks diving fpg I) Sobering, especially to those new investors led into the market by Singapore Telecom. Four Seasons condo helps HPL's profit double to $65m (pg 6) Above expectations. Likely to lead
      431 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      42 7 We Are 3*sK!s ,n Korea! .y Be Sure To Get Your Copy Today! Available at these hotels: Skill* Cho sum Ramada Renaissance I J*'® 2 Intercontinental I s I Universal Publications Agency Ltd. V A 54 Kyonji-Dong, Chongno-ku Tel: 734-7611 Fax:o2-720 6505
      42 words
Page thumbnail Page 8
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      305 9 Sound, Solid Secure Venture Capital j Boom or Bust Gold Margin Trading Very High Risk Very High Return L y Stocks ft Shares High Risk, High Return CPF, T-Bills, Fixed Deposits No Risk, Low Return Yes, we believe a substantial portion of your savings should be placed in investments which
      305 words
Page thumbnail Page 10
Page thumbnail Page 11
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      180 11 IGbu times hj.ui.ui'.'u.u.yii.ii.i.iiMid Features on the Stock Market, Social Club Scene and Fitness are just some of the highlights, besides golf Subscription: 5532.00 for 24 issues. For enquiries, coll: 746-2077 Available now of most newsstands. Distributed by Singapore Press Holaingslid. Plant and Machinery of a well-know Dutch Gear Manfacturing Works
      180 words
    • Advertisement
      Page 11 Advertisements Column 2
      35 11 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. Make new business contacts through classification 203 in The jfXja Straits Times fraT Classified, cjlts.
      35 words
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      50 12 SINGAPORE r¥l Business Times WE KNOW ASIA Address: SBLSii*. o Mail or fax this form to: Postal Code: Customer Relations Section Circulation Department Singapore Press Holdings Limited 82 Genting Lane Occupation: Fax: J News Centre Singapore 1334 1 Tel: 1800-749 2577 Fax 744 4875 Tel: (O) (H) I BT«ofnrVaVo7ol94 I
      50 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      37 13 ACTAL NEUTRALISES STOMACH ACID. quick relief from stomach discomfort, FAST-ACTING ANTACID J Stfri \nc 9 as^c P a in, indiges- relieves gastric pain, HEARTBURN AND UPSET STOMACH' 1 8 Health tion and heartburn, t— —r z s
      37 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      82 14 Bi ..jflll pS^BBI P 37-640 (14* Teletext) MB2 795/9 PIP TOP|Nicam Stereo) ST *****/8 text (Ncam Stereo) E-72-911 TOP (Nhcam Stereo) P 37-050 (Designed by FA Ponctie) j^ftjS"TEFtjff~Q ir //Tr^'^y 1 AVAILABLE AT ALL LEADING E IfCTRICAL DEALERS ASIA RADIO SINGAPORE PTE. LTD. -r: fnWntntrW"uTß3r6r EUSfI 3 iJfnUl\i[JlG I Showroom:
      82 words
    • Advertisement
      Page 14 Advertisements Column 2
      9 14 1 11c I c 1 Monday in Business Times
      9 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      48 15 ACTAL NEUTRALISES STOMACH ACID. I pr~~ i ii hi 1 MMK iinn if ||M| quick relief from stomach discomfort, FAST-ACTING ANTACID JSSm M a Sterling P^' n indiges- REUiVES gastric pain, Health tion and heartburn, i I s pra NEW, NEWS, NEWSY lfaȣ9 From lunch-lime. Monday to Saturday.
      48 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      86 16 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. SINGAPORE Business Times wt KNOW ASH ANNOUNCEMENT We are pleased to inform all our customers and principals that 1 Singapore Biotech Pte Ltd I has transferred all businesses to Innovative Biotech
      86 words
    • Advertisement
      Page 16 Advertisements Column 2
      604 16 IN THE MATTES OF THE COMPANIES ACT. CAP. St AND IN THE MATTER OF BUHARIAH MERCANTILES PTE LTD (la Mirtm' V I Hi 17 UfriMa) FINAL MEETING NOTICE IS HEREBY GIVEN punwM to Section 308 of die Companies Act Cap $0. dial the Final Meeting of die Members of the
      604 words
Page thumbnail Page 17
  • Executive Lifestyle
    • Article, Illustration
      Lock icon Little respite in store
      1689 17  -  Major retailers who suffered losses last year are unlikely to be moping up the red ink this year. Tan Su Yen reports Tan Su Yen This article first appeared in the March issue of Singapore Business THE PLIGHT of the retail industry finally began to sink
      Photos by Chris Loh  -  1,689 words
    • STRAWS IN THE WIND
      • Article
        Dead on arrival
        105 17 TALK about bedside manners. Someone who fell ill and went to see a doctor returned home only to get worse. In the evening. she called the same doctor and asked him to make a house call. The good doctor replied that he had a few more patients
        105 words
      • Article
        On the right trek
        27 17 THE Singapore branch of the Star Trek fan club really knows how to pick its address: 23 Moonbeam Walk. Beam 'em up, Scotty.
        27 words
      • Article
        Aliases
        33 17 WE're always getting press releases from people who misspell journalists' names, but the latest was a real tickler. Veteran journalist Conrad Raj received a letter the other day addressed to 'Comrade Rag*.
        33 words
      • Article
        Spooksville
        33 17 SEEN on the window of a real estate agent's office in Perth an advertisement for a house with the caption "For A Living Family". Gee. we wonder what the neighbours are like.
        33 words
    • OPINIONS
      • Article, Illustration
        Don't trade Asia's soul for those tourist dollars
        692 18  -  It would be a pity, says Maggie Ford, if the region's natural environment and unique cultures were sacrificed for that artificial 'Mediterranean look' Maggie Ford, The writer is BT's Jakarta Correspondent A4OO-room hotel, condominium apartments attached, with an 18-hole golf course in
        692 words
      • Article
        What's wrong with a bundle of joy, made to order?
        837 18  -  Neville Stack sees no reason for the uproar over a London clinic providing help to parents in choosing the sex of their babies Neville Stack The writer is a political commentator based in London He w rites regularly for BT.
        837 words
      • Article
        Lock icon Lessons in that bowl of rice
        761 18  -  Kinya Sato says Tokyo should deregulate the rice market and Japanese c<s sumers should develop a taste for imported rice Kinya Sato Asahi News Service THE TURMOIL in Japan created by the shortage of domestic rice teaches us many things, among them the fact
        Asahi News Service  -  761 words
    • CORPORATE PROFILE
      • Article, Illustration
        San Miguel's rich harvest
        2566 19  -  Asia's corporate giants When San Miguel Corporation announced a bold US$ 1 billion investment programme six years ago. jealous rivals said the plan would never be implemented. They were wrong. S N Vasuki has the inside story on how the Philippine conglomerate got its sums right
        2,566 words
      • Article
        A complex tale of ownership
        699 19 CRITICS call it a "charmed existence". The Soriano family who call the shots at San Miguel own just one per cent of the company's equity. True, the family has played a defining role in San Miguel's emergence as the region's largest food and brewing conglomerate.
        699 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS EYE
        • Article, Illustration
          BT SENTIMENT INDEX (MAR 21-25)
          54 20 Those polled on their views of the Singapore stock market for the week ahead: Baring Securities. Crosby Securities, Daiwa Securities Singapore. DBS Asset Management. Nomura Research Institute. OCBC Investment Research. Ong Co, Peregrine Securities. Phillip Securities, Schroder Securities. Smith New Court. IVI Carr. i'OB Securities
          54 words
        • Article
          Buy!
          251 20 Daiwa Institute of Research (Mar 18) Genting Bhd. Strong buy. The price has fallen to M 526.50 (5515.43). putting the casino operator on a Dec FY94 earnings multiple of 19.9 x. With a sharp jump in operating margins last year. Genting is proving its blue-chip status with dependable and
          251 words
        • Article, Illustration
          Eye on the region: Thailand
          123 20 HG Asia Investment Research (Bangkok) Earnings growth in 1993 came in a shade over expectations at 11.6 per cent. Due mainly to the higher base, lower net interest margins assumed for banks and a new property accounting standard, we have revised 1994 earnings growth down
          123 words
        • Article, Illustration
          In my opinion...
          294 20  -  Roger Portnoy Global director of research and development Thomson Financial Services 4 ess than one I month ago, the 1 J market stood within 3 per cent of its ail-time high: it is now near the lows for the year. What has gone wrong? Fundamentally, very few
          294 words
      • Article, Illustration
        Asian markets yield to selling pressure
        838 20  -  Will the markets in S'pore and the region stabilise? Agnes Chen finds out Agnes Chen U-W- HAVE not seen H such bunker I mentality be- fore," declared the research chief of a foreign broking house during yesterday's midday break in trading. Fund managers in
        838 words
      • Article
        Telling the winners from the losers
        494 20 IN THE current market upheaval, "special situation" stocks are holding up best while Sesdaq stocks have been badly mauled. Between Jan 4 when the Straits Times Industrials peaked and Thursday's close, only two out of 34 sec-ond-board counters showed a price gain. Moreover, while
        494 words
      • Article, Illustration
        The 3M approach to successful trading
        784 20  -  The author of Trading For A Living talks to Paul Leo Paul Leo SUFFERING from trading losses? Take 3M's. Want to improve your trading? Take 3M's. Making a living trading? Take 3M's. No, not candy-coated chocolates but Mind, Method and Money. That's right. 3M's
        784 words
      • Article, Illustration
        Lock icon Fortune-telling the MACD-Histogram way
        366 20 DR ELDER recommended selling the yen against the US dollar and buying crude oil. He said that the weekly yen per US dollar chart showed a double top on the MACD-Histogram with the second top lower than the first. This means that the recent run-up in
        Source: TeleTrac  -  366 words
      • Article, Illustration
        TIH offers investors a window on Asian firms
        1279 21  -  By Agnes Chen TRANSPAC Industrial Holdings is unlike most cornpanics which have been listed on the Stock Exchange of Singapore. It has no earnings track record. no readily identifiable businesses and. until it begins making investments, is basically a cash-shell. Because it
        1,279 words
      • Article, Illustration
        Bonds can still be winners, if you know where to look
        810 21  -  Paul Leo tells investors not to let the recent selldown scare them away from this instrument Paul Leo SCARED of the bond markets after the recent tumble in prices? Don't be, as there are still opportunities out there. After
        810 words
      • Article, Illustration
        Lock icon Don't rule out the emerging markets
        542 21 Fidelity Investments believes emerging market debt issues are likely to turn around from their recent market setbacks KnightRidder Downplaying the recent tremors in emerging markets. Fidelity Investments officials on Wednesday said those countries are significantly undervalued and offer ample opportunity for growth. "We see
        Knight- Ridder  -  542 words
      • Article
        Stunning growth propels Jardine Fleming Unit Trusts into big time
        618 21 Boom in stock markets. Hit's high inflation rate and low interest rate environment have created the conditions for the surging demand JARDINE Fleming Unit Trusts says phenomenal demand for its funds in the last year means it has leapt into
        618 words
    • CINEMA
      • Article, Illustration
        Best bets for Oscar night
        1567 22  -  Will Steven Spielberg finally walk away with the coveted statuettes for Best Picture and Best Director? Will Holly Hunters silence win her the Best Actress Oscar, and will the Best Actor award go to yet another Brit? Jaime Ee picks her favourites in the major
        1,567 words
      • Article, Illustration
        A paralysing sense of duty
        681 22  -  Cinema Review By JAIME EE LAST YEAR, the Oscar-winning movie Howards' End dealt with the ugliness of discrimination within Britain's social hierarchy. This year. The Remains Of The Day deals with a more unsettling version of that discrimination the sort that exists within the working
        681 words
      • Article
        Faceless fare
        528 22  -  By JAIME EE IF YOU've ever seen the step-by-step pictures in a cookbook or flipped through an Ikca magazine and been intrigued by the simplicity of knock-down furniture, you might have said to yourself: "Hmm, 1 can do that." That must have been the same attitude that spurred
        528 words
    • SPORTS
      • Article, Illustration
        Lock icon Paraguay's Franco in the lead on rainy second day
        454 24 Malaysian Open Championship Golf Bernama Reuter KUALA LUMPUR South America's top golfer Carlos Franco snatched the lead after a rainv second round of the U*****.000 (*****.000) Malaysian Open championship yesterday. He carded an excellent seven under 65. Heavy rain halted play
        Bernama; Reuter  -  454 words
      • Article, Illustration
        Lock icon Farewell victory
        65 24 Reuter VAIL, Colorado As all victors know, one should quit while the going is good. For L S skier Diann Roffe-Steinrotter, things just fell into place at the World Cup finals on Thursday. In her last World Cup race. Roffc-Steinrotter clinched the women's super-G title a month after
        Reuter  -  65 words
      • Article
        Lock icon English rugby team to go all out at Five Nations decider
        344 24 AFP LONDON England's sixminute wonders warned Wales on the eve of their Five Nations decider: "We are out to plav a game to remember." Outgoing England coach Geoff Cooke believes his men who need to win by 16 clear
        AFP  -  344 words
      • SPORT SHORTS
        • Article, Illustration
          Lock icon Badminton
          163 24 AFP KIKMINCiII AM Indonesia guaranteed themselves a third All Tngland men's singles crown in four >ears on Thursday. Top-seed Ardv Wiranata was set to take on world silver medallist Hermawan Susan to and Olvmpic gold champion Allan Budi kusuma was to face holder Hcrvanto Arbi in last night s
          AFP  -  163 words
        • Article, Illustration
          Lock icon Golf
          137 24 AFP LISBON Portuguese Open Ist Bound on I hursda\ (GB unless slated): 64 Phillip Price 65 Costantino Kocca (Ita > 66 Mike C lav ton (Aush Paul Bales 67 arl Mason. Howard Clark. Gordon Brand Jnr 68 Jean Van de V'elde (Frai. Gar. Orr. Sven Struver (Gcr). Brian Nelson
          AFP  -  137 words
        • Article, Illustration
          Lock icon Hockey
          16 24 AFP LAHORE. Pakistan Champions irophy yesterday: Germany 2 Australia I: Pakistan 4 Gr Britain 1.
          AFP  -  16 words
        • Article, Illustration
          Lock icon Ice hockey
          87 24 AP lIKI.SINKI The Winnipeg Jets will pla> top Finnish ice hockey teams in Helsinki in September, ending a 12-year absence of \isits b> National Hockey League. The four-game international challenge is scheduled Sep 9-11. NHL senior ice-president Brian Burke said on Thursday Two Helsinki teams. Jokerit and IFk.
          AP  -  87 words
        • Article, Illustration
          Lock icon Tennis
          218 24 Reuter AFP KE\ NE, Florida Andre Agassi continued his impressive comeback from recent wrist surgery by pounding out a 7-ft 6-2 quarter-final victory over second seed Stefan Edberg at the USS3.3 million (555.2 million) Lipton Championships on 1 hursdav "Oh my goodness. I never would have believed that I
          Reuter; AFP  -  218 words
    • PEOPLE
      • Article, Illustration
        Lock icon A woman for women
        243 24 HEDWIG ANUAR. endless contributor to the community, won the title of Woman of the Year 1993 last week. The annual award is sponsored by Her U'orhl. a Singapore Press Holdings publication. The award recognises the contributions made by women to Singapore in business, politics, the arts,
        Photos by Arthur Lee  -  243 words
    • TIME OFF
      • Article, Illustration
        Going out of town to the Coralarium
        764 25  -  A neighbourhood pub is attracting more than just the neighbourhood clientele, as Shahiron Sahari finds out Shahiron Sahari UPPER Thomson Road is not exactly a trendy area, but when the nightspot market is practically saturated in the city districts, almost anywhere else is
        764 words
      • Article
        PERFORMANCES
        274 25 Las Miserabies Produced by Cameron Mackintosh, the world's most popular musical lands on our shores Victor Hugo's masterpiece about a man's long struggle against persecution and spiritual redemption is set against a student uprising in Paris. Till Apr 17. 7.30 pm nightly except Mondays. Weekend matinee shows at 1.30
        274 words
      • Article
        YOUNG PEOPLE'S THEATRE
        218 25 The NAC hosts this festival which involves performances by various groups and schools. Tickets are available from the Substation, Centrepoint and Tangs. Till Mar 31. Tetter Aksi Mat Yoyo The famous Yoyo, Yaya and friends travel through time and space and meet charactcrs like Tok Selampit the
        218 words
      • Article, Illustration
        CONCERTS
        478 25 Michael Bolton Bolton will perform his greattest hits like When .-1 Man Loves A Woman. Said 1 Loved You But I Lied. Missing You S'on\ and Love Is A Wonderful Thing. Mar 31. 8 pm at the Singapore Indoor Stadium. Tickets at $50. 575. SIOO and SISO available Jrom
        478 words
      • Article
        FILMS
        141 25 The Great American Adventure Experience the wonders of the US through three film lets. Sliowtimes II am: llnUlcn Hawaii. 12 pm \nwara Mtratles. Myths and Magic: I pm Grand C anion I lie llnlden Scuds: 2pm Hidden Hawaii 4 pm: \iat>ara: 5 pm (stand anion: pin: Hidden Hawaii and
        141 words
      • Article
        EXHIBITIONS AND TALKS
        933 25 First Singapore Dance Medicine Symposium Organised b\ I he National Arts Council (N\C) and the Dance Department of the Nanyang \eademy of Fine Arts (Nafa). the symposium will include hands-on sessions to educate dancers on the special needs and care of their bodies during dance training. Apr
        933 words
      • Article
        AT THE SUBSTATION
        332 25 A View from the Bridge Written by Arthur Miller and presented by Anglo Chinese Junior College Drama Club, the play is about honour lost and love destroyed. The play's central action revolves around the confrontation between Eddie's view of right and wrong and those who stand in
        332 words
      • Article
        AUDITIONS
        41 25 Young People's Theatre 1994 Wanted: a female dancer to perform in various costumes and head sets from March 15-17. Workshop-cum-audition will be held. Mar 14. 10 am at the Drama Centre Call Minn or Philip at 2 for more details.
        41 words
      • Article
        TICKETING
        131 25  -  Compiled by Yasotha Muthusamy Sistic outlets are at Forum Galleria. Liang Court. Raffles City. Scotls. Specialists Centre. Takashimaya. Cold Storage at Jelita. Promenade and World Trade Centre, and at the Indoor Stadium. Hotline: 348-5555. Ticket Charge outlets are at Metro stores. W'isma Atria. Centrepoint and Tangs. Hotline: 269-2929. If
        131 words
    • EPICURE
      • Article, Illustration
        Mediterranean moods
        600 26  -  Bon Appetit By JAIME EE IT DEFIES logic why they bother to keep the name Peranakan Place ir| that pseudo-conservation buildiijk next to Centrepoint. Walk inside and you see a moneychanger. Ithe same time that you buy a ar sie* pow from Ovenpride, u can also buy a
        600 words
      • Article
        Chilli lovers' paradise
        701 26  -  By JAIME EE SO YOU THINK you're a chilli master. You and your mother have chilli padi eating competitions and you're the one left standing whiledear mum is chomping on ice blocks. Well, if the description fits you. we dare you to go eat at Cha Cha
        701 words
      • Article
        Good buys from South Africa
        631 26  -  Wtne By N K YONG THE FIRST and continuing impression about South African wines is how good the overall quality is. Indeed, the best are extremely good. The next thing that almost simultaneously strikes you is how unbelievably inexpensive they are. At the close of
        631 words
    • Article, Illustration
      CINEMA
      1020 28 Batman Mask of The Phantasm. Batman is back, but in animated form. This time he battles his arch enemy the Phantasm, who happens to know his secret. Lido: 10.45: 1 15: 3.45. Prime 11: 1.30: 4. Yishun 10: 11: 12.45: 2.30: 4 15: 6; 7.45. Bishan: 11; 12.45: 2.30:
      1,020 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      310 17 □□DDEI I I I CALL, TOLL-FREE I BESE-EIEC EBBE HONd LEONQPMAMCE DBBB-BOD Eta SINGAPORE miAHCC HISTORY IN TIME Planetarium Copernicus. Handmade in 18ct gold, individually numbered, sapphire crystal, water resistant to 30 m. Shockproof. Lady Newton. Automatic with power reserve, small second and date indicator. IBct gold or steel/gold. Also
      310 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      222 18 17 MAR 94«t*PR54 'JMUWg T < ''v L.. r tHt s 10,000 Maniacs Cheng Clnh Hua jasmine Cuv Han i\ -a'.v for J 4 Non Chiang Yu Hen>i Jen v Lev l ewis Iravis A-Ha Chicago Jons Mi'chell Reef Ho; c hili IV; perAC/DC Chris Isaak 1= .<.rrcras Ray Charles
      222 words
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      107 18 -v l off By u lornt to tpocf. NO"fes Awe Been ofcoeßeo TO J\ signing v /hold >T DO NDO TH6.\ UoT so FPSST T CQllgSg. OF Pv DFVf I ASSOCIATED «CWSFA«RS LTD lIU lIM 4l DOONESBURY GARRY TRUDEAU KING. IKNOUITHE OUTCOME SURE. IF YOUPONT CONSIDER THATSUJHATSELFRESPECT UASNTT UHATUEV HOPED
      107 words
Page thumbnail Page 19
Page thumbnail Page 20
Page thumbnail Page 21
Page thumbnail Page 22
Page thumbnail Page 23
  • Page 23 Advertisements
    • Advertisement
      Page 23 Advertisements Column 1
      374 23 You Don't Need a- L!. 'jmatioiaeMafc.t imti WJ—i y i ■•■.-n.ai. Fancy footwear To Do It. w u cnTw ft 1 You Dont Need To Dress Your Feet To Take On The Big One. Mfiiwri' i IT ■iWll'KfM'll St 1 aHEMKMBMMHHBaaMBMB 31 £*rtW!.*,*.«V. trm-iazx i-MMMMMKK MIM M 1 1 T
      374 words
Page thumbnail Page 24
  • Page 24 Advertisements
    • Advertisement
      Page 24 Advertisements Column 1
      125 24 ADVERTISEMENT BusinessTmnes/KENWOOD GOLFING TIPS By BRETT BRASIER PROFESSIONAL GOLFER s Fully Qualified Member Of 5.P.G.A.S Dip in Golf Management Open the face of your sand wedge as fly B normal but hit 'down/ through the shot -s, even more than usual. Because the club 'v J V will bounce do
      125 words
Page thumbnail Page 25
  • Page 25 Advertisements
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      311 26 A VERY RARE AND IMPORTANT GOLD AND diamond kerosangset LATE I9TH CENTURY 5575.000-ioo.ooo f Fine Stamps and Covers of South East Asian Pictures, The Straits Settlements and Straits Chinese Ceramics, South East Asia Gold Silver Auction Auction Date 26 March 1994 Date 27 March 1994 Time 9:3oam and 2:3opm Time
      311 words
    • Advertisement
      Page 26 Advertisements Column 2
      69 26 —I I after! I five! m Your day may I be over But ft V your night is I B just beginning! ft JK Get a drink, go ft dancing, hear 1 the latest hit, u see the hottest band in town... V W£j Explore the him possibilities Q n
      69 words
    • Advertisement
      Page 26 Advertisements Column 3
      14 26 PLAY SMART Be part of the good life. Lifestyle. Everyday. r 1 BusmessTimes WKOtOWAMA
      14 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      566 27 Epsm Nothing Beats A BucLUHffifl OF GENUINE TASTE OF ITALY. Come and dine at Pasta Fresca. Let our wide range of authentic Italian pasta, pizzas. Ice-cream and cappuccino thrill you. And of course, don't miss our most-talked about dessert, Tiramlsu. PASTA FRESCA DA SALVATORE PTE LTD BLK 833 401-03 ROYAL
      566 words
    • Advertisement
      Page 27 Advertisements Column 2
      211 27 WHERE TO WINE, DINE AND ENTERTAIN Our weekend high tea is so satisfying, people sometimes break into song. Choose from a sumptuous variety of savoury and sweet favourites. And if that's not enough, our high tea special also includes karaoke at Singsation. Hi-Tea: $11.50" (adult) 8.00" (child) Karaoke Hi-Tea: y
      211 words
    • Advertisement
      Page 27 Advertisements Column 3
      371 27 f gmerßoz Savour South African dishes at Chatterbox from 15 to 26 March during the South African food HHne "Promotion. "Mth chefs specially flown in from The Carfton, Johannesburg,you're in for a mouth watering treat. 'Don t miss it! Lunch "Buffet 7(f»* to 2Jopm "Pricing US.SO (adult) (1000 (cfuldunder JO
      371 words
Page thumbnail Page 28
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      2480 28 TODAY'S TV 6.00 Opening Shot Tap I 12.00 NN News. 111 JI (See Our 12.10 PM World Business Report Sikabayan Dan Gadis Kota, Hollywood Stuntmakers, 4pm, 6.30 Floyd on Food. 12.30 BBC World Service News. 3.15pm, SBC 12 SBC 5 7°° I 0*?* in France. 1.00 Kelab Ramaja Angkasa- 7.30
      2,480 words