The Business Times, 25 June 1994
1994-06-25
1
34
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section13 1994-06-25 1 Business Times MITA(P) 010/12/93 Weekend Edition, June 25-26 1994 WE KNOW ASIA 75*13 words
-
644 1994-06-25 1 Genevieve Cua - By Genevieve Cua SINGAPORE THE woes of food and beverage group Yeo Hiap Seng took a drastic turn for the worse yesterday. In a surprise announcement, YHS said its plan to take over its Malaysian business in a complicated crossborder644 words
-
Article, Illustration462 1994-06-25 1 Reuter, AP, AFP Bloomberg Business News NEW YORK Ending a week of intense speculative pressure on the US dollar, American monetary authorities played their hands coolly, waiting until yesterday before sponsoring a massive central hank dollar rescue effort. The FederalReuter,; AP,; AFP; Bloomberg Business News; Source: Bloomberg - 462 words
-
Article157 1994-06-25 1 Reuter NEW YORK Wall Street stocks fell sharply yesterday as fears mounted that interest rates would need to be raised to protect the US dollar despite repeated intervention by the Federal Reserve. Blue chips tumbled 50 points in late morning trading triggering the NYSE's 50-point limitReuter - 157 words
-
226 1994-06-25 1 Reuter LONDON Stock markets in Europe dived yesterday, wrapped in varying degrees of misery that even central bank intervention to aid the US dollar failed to shift. London fell to an 11-month low, as it appeared unmoved by the joint efforts of theReuter - 226 words
-
526 1994-06-25 1 Anna Teo - Total bonus of 3 months will also be paid By I Anna Teo SINGAPORE Civil servants will gain a total monthly pay rise of 6 per cent this year, and they will also receive, as in the past three years, two months' bonus526 words
-
562 1994-06-25 1 Corinne Kerk - Results do not augur well for other retailers By Corinne Kerk SINGAPORE With listed retail group C K Tang plunging further into the red and Metro Holdings' retail arm also losing money, the gloom in Singapore's retail industry is not562 words
-
Article162 1994-06-25 1 Stock market indices Friday Change STII 2,245.82 -4.63 KLSEComp 1,015.03 +11.53 Nikkei 20,766.75 -273.46 Hang Seng 8,881.00 -85.79 SET Index 1,292.54 -12.32 Jakarta Comp 468.87 -2.09 CLSA China B ...1,051.31 -0.75 Aust All Ord 2,017.9 -4.6 FTSE 100 2,876.6 -65.8 Thursday Previous 2pm close Dow Jones 3,654.70 3,699.09162 words
-
Page 1 Advertisements
-
Advertisement10 1994-06-25 1 Lifestyle Cover Story: el i Professionals who set up restaurants10 words
-
Advertisement24 1994-06-25 1 Stocks: el 4 Prospects for S'pore stocks Rival YHS faction has no contenders on hand to fill Alan Yeo's position, court told, Fg 924 words
-
Advertisement184 1994-06-25 1 fr\ v RECEIVED iSofA^up ~."!'?!'%{'",|/]>[?[.,;+><{(/'- Ngee Ann City rental income boosts Metro's earnings, Fg 9 Japanese F N results hit by weak lawmakers postpone (w*m Ms, Pg9 meeting on motion if ,£Jh M •CMB Asia sells Woodlands against Hata, Pg 4 site for $101 m, Pg 9 Of lasting value184 words
-
-
SINGAPORE NEWS
-
Article, Illustration393 1994-06-25 2 Juliette Walker - By Juliette Walker NEW YORK-based American Standard Inc (ASI) opened its regional headquarters for its plumbing business here yesterday to coordinate the company's growing activity and investment in Asia. ASI chief executive Emmanuel Kampouris said the Asia Pacific was the company's fastest-growing region393 words
-
283 1994-06-25 2 THE MINISTRY of National Development said yesterday that it had decided to proceed with its third quarter booking of HDB flats in July under the existing system of allocation of public flats. The ministry had indicated earlier that it would283 words
-
Article, Illustration287 1994-06-25 2 BUSINESS and residential computer users in Singapore will soon be able to access Internet. the world's largest international communications network. Singapore Telecom said yesterday it would launch its $1.2 million public access service to Internet on July I. TheReuter - 287 words
-
Article, Illustration216 1994-06-25 2 Corinne Kerk - By Corinne Kerk SONY International said yesterday that laser dise players represent the fastest growing segment in its audio visual produets division. Managing director of its Asia marketing division. Kei Kodera. said that the market for laser disc players worldwide is216 words
-
209 1994-06-25 2 Reuter INDIA will support Singapore's contested bid to host the first ministerial meeting of the World Trade Organisation (WTO) next year, Indian ambassador BMC Nayar said yesterday. "Of course. The answer is obvious," he said when asked by reporters in Singapore ifReuter - 209 words
-
-
Page 2 Advertisements
-
Advertisement262 1994-06-25 2 U TIV EA P P 01NTM Ell TS] NEW ZEALAND j HIGH COMMISSION: JOB VACANCY: EXECUTIVE OFFICER iThe New Zealand High Commission invites applications from suitably qualified candidates for the position of Executive Officer. Applicants for this position should ideally be New Zealand citizens with an economics degree, work experience262 words
-
Advertisement60 1994-06-25 2 THE RAFFLES I CONVERSATION The bigger the global economy, the more powerful will be the smallest players small countries, small companies, right down to the individual." Trend-watcher and best-selling author, John Noisbitt, on the shape of things to come, and on how paradox is going to become the tool to60 words
-
-
Page 2 Miscellaneous
-
Miscellaneous209 1994-06-25 2 I WEATHER Singapore: Showers over several areas in the late morning and early afternoon. (Temperature range: 25-32). Asia-PadHc M/U* Cm*. (mfl M/U* C*m4. Buenos A«es 13 08 o<* Auckland 16/12 Ram Amsterdam 20/14 Cloudy Chicago 32/20 Cle» Bar&ak 32/24 Cloudy Athens 37/20 Cloud* Honolulu 31/24 cm Being 28/20 Clear 8er1m....209 words
-
-
THE REGION
-
491 1994-06-25 3 Nikkei Weekly TOKYO Many Japanese life insurance companies plan to focus this year's overseas investment activities on other Asian nations' equity markets. Attracted to long-term growth prospects, Nippon Life Insurance Co will triple the value of its Asian stock portfolio during the currentNikkei Weekly - 491 words
-
182 1994-06-25 3 AFP BEIJING China's economic tsar Zhu Rongji has urged reforms in the circulation of fertilisers and other agricultural production materials, in order to stabilise prices and protect farmers, the China Daily said yesterday. Mr Zhu, vice-premier in charge of the economy, said thatAFP - 182 words
-
398 1994-06-25 3 AFP WELLINGTON New Zealand is set to become the first nation with cabotage laws to declare its coastal shipping open to foreign operators, but the effort has exposed the government's vulnerability. The shipping world is closely watching what happensAFP - 398 words
-
Article, Illustration284 1994-06-25 3 AFP SEOUL Subway workers carried through an all-out strike threat here yesterday, throwing South Korea deeper into a widening vortex of labour disputes. Some 3,000 striking subway workers launched sit-ins at eight places here, including universities and a church inAFP - 284 words
-
215 1994-06-25 3 Reuter PARIS Asia remains the region of choice for international investors in emerging markets, according to a survey of 44 international fund managers undertaken for the World Federation of Stock Exchanges (FIBV) and the Paris bourse. The survey questioned 44 managers ofReuter - 215 words
-
165 1994-06-25 3 AP BEIJING China plans to open its ports to foreign cargo handlers and let foreignChinese shipping ventures ply inland and coastal waterways, a Chinese minister was quoted yesterday as saying. Communications Minister Huang Zhendong said the plan was part of China'sAP - 165 words
-
589 1994-06-25 3 Anna Teo - By Anna Teo SINGAPORE Among expatriates in Asia, those in Thailand appear to be the most satisfied with the quality of the English-language media in their host country. The least satisfied are those in China and the Philippines. A survey of more589 words
-
ASIA NOTES
-
Article60 1994-06-25 3 UPI VANGON The Myanmese government has announeed an 11-year, USS2 billion (SS3 billion) plan to develop the country's border areas in order to eradicate illicit opium production by the year 2004. Mvanmar's north-eastern border area, particularly the Shan state, is the heart of the Golden Triangle,UPI - 60 words
-
Article, Illustration56 1994-06-25 3 Reuter HANOI Forestry officials feeding a Vu Quang Ox or Pseudoryx Nghetinhensis calf, estimated to be between four and five months old. at a Ministry of Forestry reservation near here on, Thursday. The calf is the first of its species to be captured alive in. a mountainousReuter - 56 words
-
58 1994-06-25 3 AP JAKARTA Indonesia yesterday denounced a private conference on East Timor to be held in Kuala Lumpur, saying it would jeopardise Indonesia-Malaysia relations. "The conference certainly could disturb the longstanding relations between Indonesia and Malaysia," said a Foreign Office spokesman. The conference isAP - 58 words
-
86 1994-06-25 3 AFP JAKARTA Only days ahead of a visit here by Australian Prime Minister Paul Keating, a private television station has; cancelled an arrangement to transmit television pictures for the Australian Broadcasting Corp (ABC). A source who asked not to be identified said yesterday thatAFP - 86 words
-
-
-
Page 3 Advertisements
-
Advertisement235 1994-06-25 3 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883» FAX: 741-1298 Husky Injection Molding Systems Husky is a global, Canadian-owned supplier of molds, machines and robotics for the plastics industry, with compounded annual growth of over 20% throughout the last decade and current sales of US$35O million. We have an immediate need for235 words
-
-
REGION/WORLD
-
Article, Illustration472 1994-06-25 4 AFP Reuter, Bloomberg Business News TOKYO A parliamentary session to consider a no-confi-denee motion against Japan's Prime Minister Tsutomu Hata has been postponed again, probably until noon today, news reports said. The Lower House steering committee was discussing a last-ditch proposal from theAFP; Reuter,; Bloomberg Business News; Reuter - 472 words
-
379 1994-06-25 4 Lim Soon Neo - From Lim Soon Neo in HONGKONG CHINA and Britain came closer to drafting an agreement on financing the HKSISB billion (Ss3l billion) new airport project after the latest round of the Airport Committee meeting yesterday. The leader of the Chinese team, Guo Fengmin,379 words
-
281 1994-06-25 4 Reuter KARACHI Pakistan's business leaders are going on strike. Executives yesterday urged Prime Minister Benazir Bhutto to address their complaints about higher taxes and said they were determined to hold a threatened two-day strike. "We will go ahead with a two-day nationwideReuter - 281 words
-
260 1994-06-25 4 Bernama JOHOR BARU A company in China has expressed interest in building a MS 15 billion (SSB.B billion) joint-venture steel mill in Johor. and a private port to handle shipments for the plant, Mentri Besar Muhyiddin Yassin said yesterday. The company hadBernama - 260 words
-
Article1436 1994-06-25 4 at* n«kt ETA nw rro Amman RJI87 0130 Amsterdam SQ25 0630 KL844 0035 KL831 0935 KL838 2300 SQ324 2345 Aacklami NZ21 1735 BAH 1505 SQ286 2040 NZ22 1825 Bahrain GF148 0905 B Sad Bagawan BI421 1105 SQ182 0915 SQ181 1410 ***** 1205 ***** 2030 BI430 21251,436 words
-
Article, Illustration483 1994-06-25 4 Yeltsin hails reunion of the continent as four nations sign membership treaties Reuter CORFU, Grcece The European Union, emerging from a period of recession and selfdoubt. signed a landmark friendship agreement with Russia yesterday and scaled membership treaties with Austria. Finland. Sweden and Norway. WhileReuter - 483 words
-
328 1994-06-25 4 The Straits Times JAKARTA Journalists supported by students and activists staged low-key protests here and in Bandung yesterday against the government's decision to ban Indonesia's three leading weekly magazines. A previously-unknown group. Forum Pembela Pres Pancasila (Forum for the Defence of aThe Straits Times - 328 words
-
345 1994-06-25 4 AFP HONGKONG China's ailing paramount leader. Deng Xiaoping, is still making short trips out of Beijing and was in Shanghai as recently as April, the South China Morning Post reported yesterday. Quoting Chinese sources in Beijing, the English-language daily addedAFP - 345 words
-
-
THE WORLD
-
474 1994-06-25 5 Reuter. Bloomberg Business News WASHINGTON A US government agency report has rained on the administration's Gatt parade, saying the world trade pact would bring only small gains. The report, issued by the US International Trade Commission (ITC), came hours afterReuter.; Bloomberg Business News - 474 words
-
Article, Illustration430 1994-06-25 5 AFP WASHINGTON US authorities are reviewing charges that tobacco companies lied about the health hazards of tobacco and evidence that nicotine is addictive, Attorney-General Janet Reno said on Thursday. "We're looking at all the allegations, all the comments, all the information that weAFP; Reuter - 430 words
-
WORLD WATCH
-
91 1994-06-25 5 Reuter MILAN Italy's gross domestic product could grow by 3.5 per cent in 1995, compared with official forecasts of 2.5 per cent, if the government pursues a soft line on public finances, economics research group Prometeia said yesterday. The group said in its reportReuter - 91 words
-
Article, Illustration35 1994-06-25 5 London's Tower Bridge in Lego Reuter LONDON Dane Henrik Lykke posing with a model of London's famous Tower Bridge yesterday. The model, which took 600 man hours to build, comprises 46,000 Lego building bricks. ReuterReuter - 35 words
-
94 1994-06-25 5 AP NICOSIA, Cyprus Turkey's deputy foreign minister was in Baghdad yesterday meeting senior Iraqi officials on a plan to flush" some 12 million barrels of oil from a pipeline closed nearly four years ago, the official Iraqi News Agency reported. The agency, monitoredAP - 94 words
-
89 1994-06-25 5 AP MOSCOW Russia is not developing or producing binary chemical weapons and is not hiding any information about chemicals previously produced, an official said yesterday. Viktor Petrunin, head of the Research Institute of Chemical Technology, told the Itar-Tass news agency that the whereabouts of allAP - 89 words
-
-
296 1994-06-25 5 Reuter LONDON Britain's balance of payments improved dramatically in the first quarter of 1994, figures released yesterday show, boosting hopes the economy can grow strongly without sucking in a wave of imports. Central Statistical Office data revealed the current accountReuter - 296 words
-
279 1994-06-25 5 AP WASHINGTON The Pentagon's No 2 official says the United States should develop a new attack submarine by the end of the century and consider building one each year. Deputy Defence Secretary John Deutch said in a memorandum on Thursday to theAP - 279 words
-
324 1994-06-25 5 Sakhalin oil field development also gets nod at ceremony AP WASHINGTON The United States and Russia have agreed to start a joint space station and to open once-secret Sakhalin Island to oil development by US firms. "We as your partners, we as your friends,AP - 324 words
-
-
Page 5 Advertisements
-
Advertisement1175 1994-06-25 5 Deutsche Bank AG LJ (Incorporated in the Federal Republic of Germany) Consolldstsd Bslsncs Shsst ss of Pscsmbsr 31,1993 Aeeete DM m. lit* 31. UeMlMee DM m. 1663 31.1MM1 Cash reeerve Uatxhtles to b«*s. 10«,M4 66,874 e) caehonhand. 2.178 Oee Uabiiitiss to customers. 278,684 242.21$ b) bdences with centrd benka 6.2241,175 words
-
-
Page 6 Advertisements
-
Advertisement1676 1994-06-25 6 m. jft k. H yj\ V AH |9DrJj K fahl Ir.AU II I ERASER AND NEAVE LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) #21-00 Alexandra Point, 438 Alexandra Road, Singapore 0511. Tel: (65) 272-9488. Fax: (65) 271-0811. RESULTS FOR THE HALF YEAR ENDED 31 ST MARCH 1994 The directors are1,676 words
-
-
Page 7 Advertisements
-
Advertisement206 1994-06-25 7 tive Customer Quality Engineer Project EngiSales Marketing Manager Regional Training Consultant Operations Scheduler Administration Manager Industrial Engineers Naval Architects Business Manager Management Accountant Senior Process Engineer Plastics Specialists Personnel Officer Airport Services Manager Censors Information Officer Reporter Archives S Oral History Officers j Management Trainees Chartist Spot Dealer Researcher, Business206 words
-
Advertisement1218 1994-06-25 7 •-<v,r-: "ir C\f'C^ ASIA PACIFIC IMUES UMTTED #21-00 Alexandra Point, 438 Alexandra Road, Singapore 0511. Tel: (65) 272-9488. Fax: (65) 271-0811. !v r n RESULTS FOR THE HALF YEAR ENDED 31 ST MARCH 1994 The directors are pleased to make the following preliminary announcement of the unaudited results for the1,218 words
-
-
Page 8 Advertisements
-
Advertisement1178 1994-06-25 8 &4£ TWIBUfIBfYTTi J- IN *ly* v **V; v 5 CENTREPOINT PROPERTIES LTD (INCORPORATED IN THE REPUBUC OF SINGAPORE) #21-00 Alexandra Point, 438 Alexandra Road, Singapore 0511. Tel: (65) 272-9488. Fax: (65) 271-0811. II RESULTS FOR THE HALF YEAR ENDED 31ST MARCH 1994 The directors are pleased to make the following1,178 words
-
Advertisement100 1994-06-25 8 Any Job. J My hobby can i A v*alk into -these O] two jobs No Any Career. fsodi a martetfo-cfeocejobs.l frg* <*»r Jf AVAILABLE ANY DAY. The E*«utoe Hous6wp«r ths hotel o vvifc. "1 wanCs 6 me.ButH' never Any Time. Mf\ J"* 10 5 5 jgEr J» I "bo g*100 words
-
-
COMPANIES & MARKETS
-
720 1994-06-25 9 Lee Han Shih - F N results weighed down by weak M$, keen competition By Lee Han Shih SINGAPORE Keen competition and a weak ringgit have combined to produce lacklustre interim results at the listed Fraser Neave group. For the six months ended March 31, F&N net earnings were up a marginal 6.9 per720 words
-
698 1994-06-25 9 Genevieve Cua - By Genevieve Cua SINGAPORE Witnesses for the rival faction in the Yeo family feud disclosed in individual testimonies in court yesterday that they did not have a confirmed replacement for the post of chairman and698 words
-
740 1994-06-25 9 William Chia - HOCK LOCK SIEW By William Chia SINGAPORE The Indonesian property sector, which has boomed because of lower interest rates and the emergence of a prosperous middle class, looks set to benefit further from deregulation. Although the government did not spell out conditions740 words
-
358 1994-06-25 9 Lilian Ang - By Lilian Ang SINGAPORE The days are numbered for one of Singapore's industrial landmarks, the Metal Box factory in Woodlands. Listed CarnaudMetalbox (CMB) Asia has sold its factory site to sister company Ccntrepoint Properties for $100.75 million. The transaction is one358 words
-
392 1994-06-25 9 A J Leow - By A J Leow SINGAPORE Rental income from Ngee Ann City helped Metro Holdings almost double net earnings in the year to March 31, despite a $1.26 million pre-tax loss from retail activities. The group reported an after-tax profit of $9.88392 words
-
Article, Illustration348 1994-06-25 9 Dexter Lee - By Dexter Lee SINGAPORE Leisure craft builder GB Holdings is on a roll downhill. Yesterday, the company reported an 80 per cent plunge in group net earnings to $631,000 for the year to Mar 31. This works out to earnings of 0.8 cents a share,348 words
-
EYE on your STOCKS
-
Article19 1994-06-25 9 For next week's expected market sentiment, see BT Sentiment Index on EL (Personal Finance A Investment section)19 words
-
Article, Illustration163 1994-06-25 9 Paul Leo - By Paul Leo TAKE profit on Jack Chia MPH when it rises to $1.75 the objective of the break above a double-bottom formation on the daily and weekly charts. Using wave theory, the move from June 1 to a close of $1.61 yesterday can be divided into five163 words
-
-
298 1994-06-25 9 Paul Leo - By Paul Leo SINGAPORE Material Handling Engineering (MHE) will raise about $9 million through a rights issue with warrants, the Sesdaq-listed eompany said yesterday. The eompany will offer three rights shares at 45 cents each with one free warrant for every298 words
-
197 1994-06-25 9 SINGAPORE Aggressive marketing, expanded retail space and strong consumer spending has enabled main board-listed furniture retailer Courts to lift its 1993/94 net earnings by 26.8 per cent to $8.4 million. Turnover for the year ended March 1994 was $99.1 million, an increase of 39.1197 words
-
COMPANIES
-
501 1994-06-25 10 Ho Kay Tat - From Ho Kay Tat in KUALA LUMPUR MALAYSIA'S Insas Bhd yesterday announeed plans to acquire a controlling stake in cash-strappcd British retail property group Power Corporation pic and a 51 per cent stake in Hongkong stockbroking firm Kcnnington Securities.501 words
-
Article, Illustration305 1994-06-25 10 AFP KUALA LUMPUR US aviation firm Hamilton Standard signed a deal yesterday with Malaysia Airlines (MAS) to set up a facility to overhaul aircraft life support systems for the Asia-Pacific. Hamilton Standard, a division of Connecticut-based United Technologies Corp, will hold 51AFP; Reuter - 305 words
-
COMPANY BRIEFS
-
88 1994-06-25 10 SINGAPORE Alexandra Holdings yesterday reported net earnings that surged 8.4 times to 5i2.42 million for the year ended March 31. It also announced a onc-for-two bonus issue. The group said more than 80 per cent of the profit accrued from the sale of a large88 words
-
60 1994-06-25 10 SINGAPORE Metal Containers said yesterday its subsidiary Ace Plastic Technology had sold its investments in two Thai companies 12.000 shares in Sintraco and 380,000 shares in Sinco Technology for 21.84 million baht. The cost of the investment was 10.92 million baht. The company60 words
-
77 1994-06-25 10 JAKARTA The Jakarta Stock Exchange said it would centralise its share settlement system from Monday through a fully netted system for all listed stocks. "In anticipation of the computerisation of the exchange at the beginning of next year...all listed and traded shares will be settled77 words
-
Article116 1994-06-25 10 Bernama KUALA LUMPUR Mulpha International Bhd. via its whol-ly-owned subsidiary, Mulpha Haute Couture Sdn Bhd (MHC), is to set up and operate a hotel in Hanoi in a joint venture with the Vietnam National Tea Import-Export and Development Investment Company, a state-owned company.Bernama - 116 words
-
73 1994-06-25 10 Reuter MANILA The state privatisation agency has rejected the proposed price for the initial public offering (IPO) of Petron Corp. the Philippines' largest oil refiner, government officials said. An official at the state-owned Philippine National Oil Co, parent firm of Petron. said they proposed eightReuter - 73 words
-
-
Article212 1994-06-25 10 Catherine Ong - By Catherine Ong SINGAPORE QAF yesterday reported a 9 per cent increase in net earnings for 1993 and said it would invest $6.5 million in a bakery in Tianjin, despite setbacks in a Chengdu joint-venture. The group said it was negotiating to end the joint-ven-ture212 words
-
137 1994-06-25 10 MBT KUALA LUMPUR Hicom Holdings Bhd (Hicom) achieved a 22.9 per cent increase in group pre-tax profit to M 5259.29 million (S$ 153 million) for the year ended March 31. 1994. In a breakdown of its operating revenue, turnover from the companyMBT - 137 words
-
164 1994-06-25 10 SINGAPORE Electronics contract manufacturer Tri-M Technologies yesterday reported a 75 per cent fall in net earnings to $2.58 million and a 31 per cent drop in turnover to 5i75.77 million for the year to March 31. it also reported that earnings per share164 words
-
100 1994-06-25 10 AFP KUALA LUMPUR Malaysia's two "national" car makers teamed up yesterday with US Electricar Inc for the manufacture of this country's first electric vehicle, officials said. Perusahaan Otomobil Nasional Bhd (Proton), manufacturer of Malaysia's first national car, the Proton, andAFP - 100 words
-
396 1994-06-25 11 Peter Osborne - By Peter Osborne SINGAPORE One of Australia's leading makers of industrial plastics and automotive and construction materials, Pacific BBA, plans to expand its operations here and in China. Pacific's managing director, Graham Kraehe, told the group's annual general meeting in Melbourne earlier396 words
-
260 1994-06-25 11 Los Angeles Times NEW YORK A littleknown but fast-growing Indi-ana-based insurance company on Thursday bid U553.25 billion (554.97 billion) for Kemper Corp, forcing General Electric Co to withdraw its rival offer for the insurance and mutual funds company. TheLos Angeles Times - 260 words
-
296 1994-06-25 11 Bloomberg Business News SYDNEY The escalating newspaper circulation war in Britain will have a negligible impact on the overall profitability of Rupert Murdoch's News Corp, analysts said. The latest cuts in the cover prices of British broadsheet newspapers may, however,Bloomberg Business News - 296 words
-
316 1994-06-25 11 Eastern Express HONGKONG China Resources Enterprise (CRE) plans to acquire food giant Ng Fung Hong from its parent China Resources (Holdings) in November. The deal is expected to enhance greatly CRE's profitability. CRE chairman Zhu Youlan said the financial arrangement wasEastern Express - 316 words
-
178 1994-06-25 11 Bloomberg Business News ROCHESTER, New York Eastman Kodak Co, moving to refocus on photography, agreed to sell its prescription drug operations to France's Sanofi SA. Sanofi, Kodak's partner in the business for the last three years, will pay US$l.6B billion (552.6 billion)Bloomberg Business News - 178 words
-
226 1994-06-25 11 Reuter LONDON British brewer Scottish and Newcastle pic said its famous Newcastle Brown Ale, known locally as "a bottle of dog", was heading east next month to tempt millions of potential Chinese beer drinkers. "The north-east's most famous export isReuter - 226 words
-
Article527 1994-06-25 11 UNIT TRUSTS FUNDS M«u(*n prtoM Jun 25 27 UMB Invest Mgt Ltd C«mnnr« ai_!a TrmI Unifund I 44 I 50 unn inisi umbondv 103 i.oss The Commerce 163 I 73*d United Or Fund' 165 172 The Savings Fund 1.54 1.63 llniled Asia Fund 163 1.73S'pore Prog Fund 0.70 0.74 S'pore527 words
-
-
SHIPS IN PORT
-
Article391 1994-06-25 11 Vessel Voy No Berth Arrival Departure Vessel Voy No Berth Arrival Departure Jurong Port SawJQassm Ft41 P01 alongside 25 06/1200 Auta Straya AS/15/94 12 alongside 2506/ 2000 Sumtwr Ma t u *****4 P01A alongside 2506/2300 CaHei Star 1-2 112 ak**side 2506/1200 Vateij 65H P08A *>ngside 2406/2300 Kalen391 words
-
Article1244 1994-06-25 11 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookim/Balance Rstts Ship Voy No Etb/Btr Period From To From Acj lade 192* 26,0500 18 24/1500 24/1659 24/1900 4 25/1200 25/1459 25/1/00 Ac» Lotus 053* 25/1500 W 24/1500 24/1659 24/1900 AftMracle1,244 words
-
-
FINANCE & COMMODITIES
-
Article, Illustration530 1994-06-25 12 Bloomberg Business News NEW YORK Despite 4.800 mutual funds to choose from, American investors say they are having a tough time finding a suitable choice in today's turbulent financial markets. There are too many mutual funds in the US$2.l trillion (553.2Bloomberg Business News - 530 words
-
229 1994-06-25 12 Shiv Taneja - By Shiv Taneja SINGAPORE Paribas Capital Markets, a wholly owned subsidiary of Banque Paribas. has launched the Paribas Emerging Markets Index Allocation Fund. The US dollar denominated, open-ended fund was launched last Wednesday. An application has been made for listing on the229 words
-
312 1994-06-25 12 IHT SINGAPORE Asia's increasing dependence on the Middle East for oil is opening new opportunities for business links with Gulf suppliers. These include major investments in new refinery capacity in Asia, oil company officials and analysts say. As Asia's demand forIHT - 312 words
-
Article, Illustration415 1994-06-25 12 DBS weekly currency review US$/mark: triangle objective met! The US dollar continued its fall early this week to hit a low of 1.5880 on Tuesday, beyond the bearish triangle objective of 1.5964. It then corrected to reach a high of 1.6119 on Thursday before easing415 words
-
162 1994-06-25 12 Reuter MANILA A woman accuscd of fleeing to the United States after masterminding a multi-million-peso seam involving government securities is negotiating a deal for her return to the Philippines. Manila newspapers said yesterday. Marilyn Nite is trying to hammer outReuter - 162 words
-
Article, Illustration159 1994-06-25 12 THE Singapore dollar was little changed against the US dollar in quiet trade. OlTshore demand for the local currency remains buoyant. Continuing US dollar weakness against the majors should gradually bring the Singapore dollar to new highs in the coming week. The Malaysian ringgit wasCharts by Dow Jones Telerate - 159 words
-
Article193 1994-06-25 12 Bloomberg Business News LONDON The dollar failed to hold brief gains against the mark and yen after central banks attempted to lift the ailing currency, which fell back towards record lows and dragged the world's financial markets lower. Traders and analysts were sceptical about the central banks' buying ofBloomberg Business News - 193 words
-
161 1994-06-25 12 Bloomberg ENERGY REPORT NEW YORK Crude oil on the New York Mercantile Exchange (Nymex) is expected to rise amid concern that demand is growing while supplies are tight. Crude prices rallied late on Thursday, ending almost four days of declines, as traders took161 words
-
Article84 1994-06-25 12 AFP NEW YORK The dollar rose against the major currencies yesterday in active trading following a concerted intervention by the Federal Reserve and other central banks. Around 9:55 am (1355 GMT), the dollar was trading at 1.6065 marks against 1.6045 on Thursday and at 101.62 yen (101.40). TheAFP - 84 words
-
Article, Illustration1693 1994-06-25 12 IimU-m iithnil unit y tuk tiluhxl aicuinsi Si*m infi 14 iim/inx /tunm-r» HUM- ivjr ItSf US$/S$ forward rates Noon June 24 s$ Bid Offer I month I.S258 I.$27] 2-monlh ***** I S26<» 3-monlh 1.5248 1.5263 6-month 1.5230 1.5250 Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9am on Jihm 241,693 words
-
-
COMMODITIES & FUTURES
-
1366 1994-06-25 13 SIMEX REPORT Reuter SINGAPORE Simex Euroyen and Japanese government bond (JGB) futures closed firmer on the back of the strong yen. The strong surge in the yen in the alternoon session triggered more buying for Euroyen and JGBs. The dollar/yen dropped sharply to 100.40Reuter - 1,366 words
-
Article697 1994-06-25 13 COMMODITY REPORTS Gold Hongkong Gold closed up USSI from its opening levels as the weakening US dollar prompted late buying and shortcovering. Gold ended at U*****.70/391.20 an ounce, up from New York's close of U*****.50/390.00 on Thursday and the local opening of U*****.70/390.20. Local697 words
-
KNIGHT-RIDDER COMMODITY SUMMARY
-
Article91 1994-06-25 13 LONDON The sugar futures market is set for additional gains over the next two months linked to increased offtake in Russia and re-stocking in China. according to a report by UK trade house CCzarnikow Sugar Ltd. It said: "The market is anticipating evidence of fresh91 words
-
110 1994-06-25 13 PARIS Germany should work towards creating more coherent and less rigid energy policies, the International Energy Agency says in a report on the country. Germany is the third largest consumer of energy among industrialised nations, and energy policy is based on seeking secure, diversified,110 words
-
131 1994-06-25 13 MOSCOW Russia's prospecting brigades, or artels, which account for 60 per cent of Russian gold output, have called off a planned stoppage of gold supplies to the state, the Union of Prospectors' Artels told Interfax. The prospectors sent a letter in May to President Boris131 words
-
-
-
Article1476 1994-06-25 13 Rubber Singapore Commodity Exchange (futures closing as at 5.30pm) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Jui~94 175.50 500 875 Aug 169.75 167.25 170.00 300 3100 Sep 164.50 164.50 165.00 200 2200 Oet/Dcc 161.25 160.25 161.25 2400 9525 Jan/Mar 95 161.251,476 words
-
REGIONAL STOCK MARKETS
-
Article1102 1994-06-25 14 -4.6 SHARES fell yesterday in heavy trade boosted by the approaching end-of-month expiry date on June options to buy or sell shares, brokers said. The key All Ordinaries Index closed at 2,017.9 points, 4.6 below Thursday's finish. The All Industrials Index rose 0.2 to 2,933.3 and the All Resources1,102 words
-
Article647 1994-06-25 14 -33.01 Share prices fell yesterday after two days of technical rebound on fears of a hike in short-term US interest rates and weakness in other Asian markets. The Philippine Stock Exchange Index fell 33.01 points to close at 2,789.14. Turnover rose 62 per cent to 1.06 billion shares, while647 words
-
Article614 1994-06-25 14 +68.48 The Taipei bourse yesterday staged a comeback amid improved market confidence, propped up by the good performance of pulp and paper shares. Following Thursday's 86.47point fall, the Weighted Price Index recovered 68.48 to settle at 5,939.62. Turnover rose to 1.05 billion shares valued at NT547.36 billion compared with614 words
-
Article503 1994-06-25 14 -6.12 Share prices fell back yesterday, affected by a hike in call money interest rates and end-of-month blues. The Composite Price Index fell for the fourth straight day, losing 6.12 points to close at 929.45. Turnover shrank to 47 million shares worth 720 billion won from Thursday's heavy volume503 words
-
Article328 1994-06-25 14 -21.24 Shares declined 1.03 per cent in line with Thursday's drop in Wall Street. A broker said there was practically no local news driving the market so investors were simply following offshore performances. The NZ4O-share Index dropped 21.24 points to 2,038.77. Declining stocks outnumbered advancers by 18 to328 words
-
Article58 1994-06-25 14 -28.30 Share prices ended slightly lower in a dull trading session ahead of the weekend. "Since the trends are not very clear, very few people wanted to buy on a Friday," said a broker. The BSE 30-share Index closed at a provisional 4.229.40, down 28.30 from the previous close.58 words
-
-
WORLD STOCK MARKETS
-
Article762 1994-06-25 14 -65.8 Equities closcd at their lowest level of the year yesterday and the FTSE could be headed lower still as institutional investors remain unconvinced that the time is right to buy stock. "The FTSE looks very vulnerable. The buyers are staying out of the market. Institutions do not have762 words
-
Article159 1994-06-25 14 -32.00 Frcnch shares finished sharply lower, taking their lead from a weaker dollar despite concerted central bank support for the US currency. Traders said intervention by central banks has sparked a battle of wills with the hedge funds. "And it looks like the hedges funds are winning," said one159 words
-
Article229 1994-06-25 14 -27.44 German stocks rallied in post-bourse trading after European central banks tried to support the falling dollar but sank when the effort apparently failed. The DAX Index of 30 stocks closed down 27.44 points from the previous day's close at 2,005.07. The index reached nearly 2,020 after the intervention229 words
-
Article164 1994-06-25 14 -8.52 Italian shares staged a late rally on a bout of short-cov-ering to end off earlier lows, shrugging off losses elsewhere in Europe. The Milan Bourse Index was 8.52 points off at 707.44. "There was a spark of buying in the last half an hour, it was largely shortcovering,164 words
-
Article304 1994-06-25 14 -5.95 Dutch stocks were swiped to a weak close by the sickly dollar, with central bank intervention providing only a brief respite for shares and traders seeing further downside potential in weeks to come. The AEX Index closcd 5.95 points down at 381.43, the day's low. "I wouldn't be304 words
-
Article282 1994-06-25 14 +31.0 Swiss shares ended lower on profit-taking and posi-tion-squaring ahead of the weekend. Dealers said the weak dollar pushed prices down. The outlook was uncertain as investors kept to the sidelines bccausc of the uncertain interest and forcx situation. The Blue-chip SMI closed down 49.5 at 2,577.2 while the282 words
-
Article310 1994-06-25 14 •109 Shares underwent a sharp correction on yesterday as they tracked weaker world markets and lost faith with bullion after its brief dip below US$39O an ounce. Dealers said the market, nervous ahead of the weekend, would continue losing ground if world markets remained under pressure. Local industrials were310 words
-
Article248 1994-06-25 14 -40.00 Stocks suffered sharp losses in early trading, pulled lower by weakness in Wall Street stocks and Canadian bonds, traders said. Traders said there was little impact on stocks after world central banks intervened to prop up the sagging US dollar. The TSE 300 Index sank 40.00 points to248 words
-
Article689 1994-06-25 14 -47.56 The Dow Jones Average, which retreated 25.68 points on Thursday, was down another 47.56 points to 3,651.53 at 11am EDT. The New York Stock Exchanges "uptick rule", which restricts program selling to help stabilise the market, took effect at 11:04 am when the Dow's loss widened to689 words
-
Article800 1994-06-25 14 Britannia Funds Sterling Cash Bid Offer Mim Cap Deposit 3» 6400 31 6500 Mini Jenev Gill 0 1893 0 1992 Mim Mn Income "0 9000 *0 9100 I SS Cash Income Plus Fund 9 '800 10.3100 PS i Reserve Fund 5 2S00 5 2900 Sierlini Equity Euro Performance 0 4592800 words
-
-
Article, Illustration3142 1994-06-25 15 Bloomberg Business News HONGKONG Stocks fell on concerns the Federal Reserve may raise interest rates to defend a declining US dollar. Rising interest rates encourage a flow of funds in bonds from equities because they raise borrowing and investment costs for businesses and make bond yields relatively more attractive.Bloomberg Business News; Source: Bridge Info - 3,142 words
-
Article, Illustration532 1994-06-25 15 CLSA TRADING was dull in the Shanghai bourse with most counters moving within a narrow range and on low turnover. Tyre Rubber gained 11.5 per cent on thin trading. The Shanghai B Index ended 1.89 points up at 793.68 on US$2.6 million turnover. In Shenzhen, trading in B sharesCLSA - 532 words
-
Article, Illustration2519 1994-06-25 15 Reuter TOKYO Active arbitragelinked selling and profit-taking forced Tokyo stocks to end lower, brokers said. The dollar's slip below 101 yen in late afternoon on comments by the Bank of Japan governor also undermined prices, but most investors were reluctant to take large positions before the weekend. Dollar/yen exchangeReuter; Source: Bridge Info - 2,519 words
-
Article, Illustration1838 1994-06-25 15 Reuter BANGKOK Stocks recouped some losses just before the market closed on bargain-hunting in the communications and finance sectors. The SET Index closed 12.32 lower at 1,292.54 points. off a low of 1.280.98. on five billion baht against Thursday's 5.8 billion baht. "Slumps in New York and Japan marketsReuter; Source: Bridge Info - 1,838 words
-
Article, Illustration1152 1994-06-25 15 Reuter JAKARTA Share prices closed lower in sluggish trade, with players sidelined mainlv on concerns over US interest rates. The Official Index ended 2.09 points lower to close at 468.87. "Fund managers are cautious about injecting any fresh funds into the market, mainly because of uncertainty over whether USReuter; Source: Bridge Info - 1,152 words
-
Article2536 1994-06-25 16 MOST ACTIVE volume kins Hyd 50c 4.309.000 Mulpha lull 50c 3.924.000 CASH JOc 3.578.000 Promct 2.733 000 Kcnong Bhd 50c 2.37I.OOO Fabcr Group 2.182.000 kamunling 50c 2.061.000 l andmarks Bhd 1.661.000 MB! Capital 1.237.000 Lien Hoc TSIW7 1.204.000 AMDB 50c 1.144.000 Insas Bhd 1.103.000 Mul(i-l*urposc 1.050.000 MOST ACTIVE2,536 words
-
KUALA LUMPUR STOCK EXCHANGE
-
Article, Illustration6007 1994-06-25 16 AFP KUALA LUMPUR Stocks ended mixed yesterday but strong interest on blue chips nudged the key share indicator to a higher close. The KLSE Composite Index edged up 11.53 points to 1,015.03 from 1,003.50 a day earlier. Turnover, however, dropped to 150.4 millionAFP; Source: Bridge Info - 6,007 words
-
-
STOCK EXCHANGE OF SINGAPORE
-
Article7133 1994-06-25 17 Gr Cr 1994 Lmi Vol Day Last Qwrtt Dl» Dt» YM Net Cap High Low Cam pa ay Sale (*000) High Low Bayer Seller S Or S PIt Saill INDUSTRIAL AND COMMERCIAL I-WO 835 t s Acma 1000 f30 302 1040 480 1000 1020 17.5 2.1 L8 160 684 J7,133 words
-
Article, Illustration1848 1994-06-25 18 R Sivanithy - By R Sivanithy SINGAPORE Prices on both sides of the Causeway ended mixed yesterday, as weakness in US equities which dragged the prices of local counters lower was offset by a stronger Malaysian market. The Straits Times Industrials Index ended a quietCharts by Bridge Info; Source: Bloomberg - 1,848 words
-
-
-
Page 9 Advertisements
-
Advertisement141 1994-06-25 9 NEWS VALUE How today's news might affect your stocks YHS' plan to take over its M'sian business falls through (pg 1) A severe setback for YHS Ltd and chairman Alan Yeo C K Tang reports huge loss (pg I) Loss is heavier than analysts' forecasts. Share price is expected to141 words
-
-
Page 10 Advertisements
-
Advertisement1303 1994-06-25 10 GB HOLDINGS LIMITED Full Year Financial Statement and Dividend Announcement Full-year financial statement on consolidated results for the year ended 31/3/94. These figures have not been audited. Latest year to Previous year to 31/3/94 31/3/93 %lncrease/ $000 1000 (Decrease) Co Group Co Group Co Group 1 (a) Turnover 4,777 33,5531,303 words
-
-
Page 13 Advertisements
-
Advertisement91 1994-06-25 13 TOPS IN HOME DEUVERY... Find more listings on homes, apartments and condos! TOPS IN WHEELS... New and used cars, trucks and vans. TOPS IN J085... Employment listings in every field! TOPS IN EVERYTHING ELSE... Merchandise, services, holidays, course training and much more! The Straits Times Classified delivers! Looking to find91 words
-
Advertisement24 1994-06-25 13 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. =$SSW3S iesIf current O24 words
-
-
Page 14 Advertisements
-
Advertisement75 1994-06-25 14 >.***# rri ttv• np "rxsiNOArontf ri! TV m T\ np Business Times Business Times Business Times BiismessTimes Business Times a- r>=? y i." rnvtomm Subscribe now and have your personal copy delivered to your doorstep. Customer Relations Section Circulation Department Address. Singapore Press Holdings Limited 82 Genting Lane os a75 words
-
-
Page 15 Advertisements
-
Advertisement57 1994-06-25 15 MINIMI IN 1 ***** 111 Stockmarket investment is sophisticated. As an investor, are you? Introducing Phillip Securities Research's very own DATALINE and SCOREBOARD... stocks analysis (fundamental and technical) services you simply can't do without. Call: 531-1229 or 531-1235 to arrange for free brochures i: and product demonstration. Phillip Securities i::57 words
-
-
Page 16 Advertisements
-
Advertisement19 1994-06-25 16 PORT SHOTS ateSt n Sea 3 r anC anC trans^ ortat on W T SWGAWJUI' m Business Times WRXWtAIM19 words
-
Advertisement5 1994-06-25 16 MSRIHt'I Monday in Business Times5 words
-
-
Page 17 Advertisements
-
Advertisement96 1994-06-25 17 Stockmarket investment is sophisticated. As an investor, are you? Introducing Phillip Securities Research's very own DATALINE and SCOREBOARD... stocks analysis (fundamental and technical) services you simply can't do without. Call: 531-*****r531-1235 to arrange for free brochures 1: and product demonstration. ||||!|i phillip Securities llllmmllllllggfl Serving your investment needs. Always. =TTTllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllllimffiff96 words
-
-
Page 18 Advertisements
-
Advertisement20 1994-06-25 18 EFFECTIVE RECRUITMENT ADVERTISING. ITS ONLY A CALL AWAY... To advertise your Appointments or Nonces, cal totfree 1-800-741-1883 pTha StraiU Tim**20 words
-
Advertisement611 1994-06-25 18 NOTICES THE COMPANIES ACT, CHAPTER SO COSMETASIA CONSULTING PTE LTD (Members' Voluntary Liquidation) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN that pursuant to Section 308 ol the Companies Act, Cap. 50, the FINAL MEETING of the members ol the abovenamed company will be held at 3918 Orchard Road, Tower611 words
-
Advertisement220 1994-06-25 18 [after! I FIVE} Your day may fl be over But V your night is I H. just beginning! Get a drink, go wl dancing, hear B I the latest hit, 3 I see the hottest ll band in town... II ■Hfe Explore the possibilities with our 2 M AFTER 5220 words
-
Advertisement258 1994-06-25 18 irVILIM KAH NGAM LIMITED (incorporated in the RepuNtc of Singapore) ANNOUNCEMENT OFFER FOR SALE BY NDC MERCHANT BANK LTD OF 33,155,571 WARRANTS (THE "WARRANTS") TO SUBSCRIBE FOR 33,155,571 NEW ORDINARY SHARES OF Ssl.oo EACH (THE "NEW SHARES") IN THE CAPITAL OF LIM KAH NGAM LIMITED (THE "COMPANY") ON A RENOUNCEABLE258 words
-
-
ISEAS Trends
-
Article1078 1994-06-25 19 Yuan Ming - Yuan Ming examines the switch in America's China policy from ideology to pragmatism, and cautions the world not to misread a rapidly transforming China Yuan Ming Professor Yuan Ming is Director of the Institute of International Relations. Beijing University. AMERICAN President Bill Clinton's renewal of Most1,078 words
-
Article, Illustration1061 1994-06-25 19 Paul Y Hammond - Paul Y Hammond puts into perspective America's increasingly difficult role in Asia at a time when Asian criticism of the Clinton administration is at its peak Paul Y Hammond Dr Paul Hammond is Distinguished Service Professor of Public and International AJfairs at the University of Pittsburgh, and1,061 words
-
Article, Illustration1036 1994-06-25 19 Ramesh Thakur - Ramesh Thakur looks at how growing mutual interests between the world's two largest democracies are slowly dissipating age-old irritants Ramesh Thakur Dr Ramesh Thakur is Professor of International Relations and Direetor of Asian Studies at the University of Otago. New Zealand INDIAN Prime Minister PV Narasimha1,036 words
-
Article1366 1994-06-25 20 Ling-Mei Lim - Nation-building is far more than mere cultural "roots". It is the fostering and nurturing of a climate and environment for thinking among the citizenry something which is indispensable for Singapore. Ling-Mei Lim looks at the issue Ling-Mei Lim Ling-Xlei Urn is a /reclame writer concerned with cultural1,366 words
-
Article, Illustration792 1994-06-25 20 Gerald Segal - Most architecture and city-planning in East Asia seem more inspired by Stalin than da Vinci, contends Gerald Segal Gerald Segal Dr Gerald Segal, born in Montreal and educated in Jerusalem, lives in London, and is a Senior Fellow in Asian Studies at the International Institute for Strategic792 words
-
Article, Illustration1049 1994-06-25 21 Reza Y Siregar - Reza Y Siregar examines some issues related to recent speculation over a possible devaluation of the Indonesian rupiah Reza Y Siregar Dr Reza Y Siregar is a Fellow of the Institute of Southeast Asian Studies. RECENTLY, many economists and top government officials in Indonesia have expressed1,049 words
-
Article, Illustration1166 1994-06-25 21 Rodolphe de Koninck - Rodolphe de Koninck analyses forest policies in South-east Asia in economic, social and geopolitical terms Rodolphe de Koninck Professor Rodoiphe de Koninck is Professor of Geography, Laval University, Quebec, Canada, and is a Visiting Fellow at ISEAS. THROUGHOUT Southeast Asia, between the late 1960s and1,166 words
-
Article, Illustration1014 1994-06-25 21 Medhi Krongkaew - Despite one political crisis after another, Thailand continues to demonstrate an uncanny inclination towards political stability and maturity, says Medhi Krongkaew Medhi Krongkaew Dr \lciihi Krongkaew is an Associate Professor in the Faculty of Economics, Thammasal University, and is concurrently a Research Fellow at the1,014 words
-
Article, Illustration1520 1994-06-25 22 Michael Ong - Michael Ong sets out the extent to which Australia has reoriented its economic, political, diplomatic and strategic priorities towards Asia Michael Ong Dr Michael Ong is Acting Director of the Foreign Affairs, Defence and Trade Group, Parliamentary Research Service, Canberra. The views in this1,520 words
-
Article1045 1994-06-25 22 Henri Locard - Henri Locard examines university education in a Cambodia beset with numerous problems Henri Locard Henri Locard is a visiting lecturer with the History Department, University of Phnom Penh. CAMBODIA today desperately needs an intelligentsia to run the country. After the sudden fall of the Khmer Rouge regime1,045 words
-
Article, Illustration1088 1994-06-25 22 Ramses Amer - Cambodia's stability continues to be undermined by a determined if shrinking Khmer Rouge guerilla force. Ramses Amer looks at short-term prospects within the country Ramses Amer Dr Ramses Amer is a Research Associate at the Department of Peace and Conflict Research, Uppsala University, Sweden, and1,088 words
-
-
Page 20 Advertisements
-
Advertisement176 1994-06-25 20 A Trends compilation II N response to numerous re- broad themes, appropriately dividI quests from readers, the Insti- ed into six sections: I tute of Southeast Asian Stud- Democracy under scrutiny ies has just published a Debating ethnicity, we I farcompilation of essays on Singa- ism and population trends pore176 words
-
-
Executive Lifestyle
-
Article, Illustration1677 1994-06-25 23 Jaime Ee - Jaime Ee talks to professionals whose gourmet tastes have turned them into successful part-time restaurateurs Jaime Ee PATTY TEO is an interior designer who runs her own architecture firm with her partner, Ernesto Bedmar. Her husband, Patrick Teo, is a former merchant banker who runs his1,677 words
-
STRAWS IN THE WIND
-
Article131 1994-06-25 23 AFTER the recent launch of Planet Hollywood in Hongkong, Hotel Properties' Ong Beng Seng was spotted living it up at the colony's hottest nightspot, JJ's, hobnobbing with the likes of Sylvester Stallone, Jean Claude Van Damme and Jackie Chan. But not for long, said a Singaporean who happened131 words
-
Article79 1994-06-25 23 ONE CHURCH here is trying to wean its members off TV, or at least to spend less time in front of the goggle box. Its five priests challenged each member of the congregation to pledge to make one day a week totally TV-free. Special prayers would be said79 words
-
-
OPINIONS
-
Article, Illustration1600 1994-06-25 24 Sulaiman Noordin - Sulaiman Noordin says myths are being passed off as facts and facts are being distorted to serve a hidden economic agenda Sulaiman Noordin The writer is a staff member of the University Kebangsaan, Bangi, Malaysia. This article first appeared in the1,600 words
-
742 1994-06-25 24 Robert D Fincher - Article on CFCs and ozone layer another viewpoint Robert D Fincher I AM writing to offer critical comment on the article by Paul Roberts (BT, 10 June) on the hole in the ozone layer. Since Singapore's lifestyle, commerce and industry rely heavily on air-conditioning, 1 believe your readers should be742 words
-
254 1994-06-25 24 L Dang - L Dang WHEN WILL the Yeo Hiap Seng family stop boring us. the minority shareholders, and get on with running a companythat is quite obviously going downhill? Chairman Alan Yeo seems well protected with a five-year contract, which apparently was signed254 words
-
93 1994-06-25 24 Soh Gim Chuan - Soh Gim Chuan IN your report (BT. June 17) on the government committee to review conveyancing fees, you mentioned that estate agent Rowland Lean felt that lawyers earned too much from conveyancing because it appeared to him that the work was93 words
-
Article254 1994-06-25 24 Lim How Boon - LETTERS TO THE EDITOR Lim How Boon SINGAPORE is an open socicty and its citizens arc constantly exposed to outside influences. As a result, some of our traditional Asian values are being eroded or compromised over time. Hence, for example, we find the need to introduce254 words
-
Article479 1994-06-25 24 T H Liang - T H Liang THE Singapore government's introduction of a minimum booking fee of 5 per cent of the purchase price and the increase in the forfeiture rate of the fee to 25 per cent will have very minimal effect on property speculators. The measures adopted by479 words
-
-
VIEWPOINT
-
Article, Illustration2745 1994-06-25 25 Vikram Khanna - THE RAFFLES CONVERSATION Writer John Naisbitt, who has for years been taking his readers on journeys into the future, talks to Vikram Khanna about the long-term trends shaping the world. He also looks at how different economies are faring right now and explains why he is suchPhotos by Chris Loh - 2,745 words
-
1010 1994-06-25 25 BLOND, bearded and goodhumoured, John Naisbitt has the air of a genial prophet. Which is perhaps appropriate, because prophesying, of a sort, is what he does for a living. One has to wonder, though, how did he how does anybody get into this1,010 words
-
-
PERSONAL FINANCE & INVESTMENT
-
BULLS EYE
-
Article, Illustration59 1994-06-25 26 Those polled on their views of the Singapore stock market for the week ahead: Alliance Securities, Baring Securities. Crosby Securities, Daiwa Securities, Kay Hian James Capel, Nomura Securities, OCBC Investment Research, Ong Co, Peregrine Securities, Phillip Securities, Smith New Court, (JOB Securities, WI Carr59 words
-
Article373 1994-06-25 26 OCBC Investment Research (June 21) SIA. For FY9S, we expect load factor to improve as traffic growth is expected to outpace capacity growth 12 per cent to 9 per cent. We estimate net earnings to increase by about 14 per cent to $913 million or an EPS of 71.2373 words
-
Article79 1994-06-25 26 Ong Co (June 23) Mulpha. Speculation is rife that the company will announce very shortly that it has been awarded the Pasir Gudang port privatisation project. We see some upside still, at least for the coming week. Note: The broking firms, their directors and officers, and their79 words
-
Article, Illustration102 1994-06-25 26 P T Peregrine Sewu Securities Fundamentals remain intact. First quarter results were general- ly good. Domestic interest rate increases are expected to be gradual. We discount any serious adverse earnings impact from rising rates given the tapered market gearing. The banking sector may feel someSource: Bridge Info - 102 words
-
Article, Illustration162 1994-06-25 26 John Engle - John Engle, John Engle, CFA Research director Smith Barney Shearson HG Asia il prices have risf I en roughly 31 per cent since bottoming at U5513.12 per barrel on Mar 29, 1994. It certainly appears that we will have to get used to higher oil prices for162 words
-
-
787 1994-06-25 26 Teh Hooi Ling - DBS Investment Research says the STII can test its January 1994 high. Teh Hooi Ling reports Teh Hooi Ling THE BULL should return to the Singapore stock market in the second half of this year to assault the 1994 index high of787 words
-
Article, Illustration368 1994-06-25 26 AFTER seven strong quarters, gross domestic product is losing momentum, judging by a dip in DBS Investment Research's in-house leading index. The index, which DIR says generally leads Singapore's GDP performance by about six months, slipped in the second half of368 words
-
Article413 1994-06-25 26 ONLY two sectors air transport and petroleum have sin-gle-digit 1996 prospective price earnings ratios (PERs) at current price levels. In its June investment strategy report, DBS Investment Research recommends clients to keep more air transport, petroleum, food and beverage, media, banks and finance and413 words
-
550 1994-06-25 26 Aztech PCI Dec 94 Dec 95 Dec 96 Jun 94 Jun 95 Jun 96 EPS Growth 54.7 25.6 21.4 EPS Growth |2.1| 23J 22.4_ Prospective 18.4 14.7 12.1 Prospective PER (xj: 16.0 J2.9 J0.6 Creative may be cheaper but Aztech is more liquid.550 words
-
Article, Illustration656 1994-06-25 26 Najeeb Jarhom - CHART By Najeeb Jarhom I he writer is research manager oj Fraser Securities SINGAPORE stocks took a breather in the past fortnight as Malaysian Clob shares found renewed speculative fervour. Lower liners were largely in the van of the latest rally,656 words
-
423 1994-06-25 27 Joyce Quek - The construction sector is expected to continue to be a major impetus to Malaysia's economic growth at least up to 1997, reports Joyce Quek Joyce Quek HAS LIFE gone out of Malaysian construction activity with the completion of the Ms 6 billion (553.5 billion) North-South423 words
-
Article, Illustration720 1994-06-25 27 Agnes Chen - Agnes Chen points out the pitfalls to avoid before you jump on the bandwagon Agnes Chen ADD A US recovery to an expected consumption explosion in huge markets like China and India and what do you have? High commodity prices. Or so720 words
-
Article678 1994-06-25 27 Cement Cima is one of the prime beneficiaries of Malaysia's buoyant construction industry. The group's relationship with politically-connected UEM puts it in good stead. Although FY93 results were boosted by a one-time gain of MS26 million (5515.3 million) from the sale of Rcnong shares, earnings improvement in FY94678 words
-
Article735 1994-06-25 27 Deposit amount l-wk l-mth 3-mth 6-mth Bank of China AS 10.000 49.999 99 3.0000 4 0625 4 2500 4 5000 50.000 Above 3 0000 4.1875 4.3750 4.6250 Dmk 10.000 49.999 99 4 0000 4.1250 4.0625 4.0625 50.000 Above 4 0000 4.3125 4.2500 4.2500 I IKS 50.000 99.999.99735 words
-
-
Article, Illustration776 1994-06-25 28 SHAHIRON SAHARI - inajmPftifi ftnf unema wcww By SHAHIRON SAHARI WHY WOULD anyone want to remake a box-office smash hit that's not really out of date? In other words, why fix something that ain't broke? The main reason, no doubt, is to breathe new life into what the makers776 words
-
Article, Illustration567 1994-06-25 28 SUSAN TSANG - By SUSAN TSANG MY ONLY previous acquaintance with the girl was as Danny Kaye's thumb when he played Hans Christian Andersen. We get a more fleshed-out acquaintance with her in Don Bluth's animated feature. Not that anyone more than three feet tall would care to know Don567 words
-
Article, Illustration1409 1994-06-25 28 Tye Kim Khiat - Tye Kim Khiat takes a look at how plans for Melbourne's Crown Casino are shaping up Tye Kim Khiat THE EBB and How of fortune is as old as the story of man. Omar Sharif will tell you. Come June1,409 words
-
Article, Illustration1149 1994-06-25 28 S N VASUKI - Travel By S N VASUKI YOU ARE in France's fabled Bordeaux region for a weekend and want to take in some of the local sights. Fortunately you are spoilt for choice. The region offers some truly spectacular fare. You could quaff wine1,149 words
-
Article, Illustration609 1994-06-25 29 SHAHIRON SAHARI - CD Review By SHAHIRON SAHARI DAVID SANBORN: hearsay The jazz-funk alto saxophonist is back after two lacklustre albums to present a better and truer-to-form effort. Produced, for the umpteenth time, by bassist Marcus Miller (who wrote/cowrote six of the nine songs), hearsay is, however, a609 words
-
SPORTS
-
Article, Illustration607 1994-06-25 30 Wimbledon AP WIMBLEDON, England Lori McNeil, the surprise conqueror of Steffi Graf, reached Wimbledon's fourth round with a solid victory yesterday. But another giant-killer, Kenneth Carlsen, fell ill and withdrew a day after upsetting Stefan Edberg. McNeil, in her bestAP; Reuter - 607 words
-
SPORT SHORTS
-
Article, Illustration25 1994-06-25 30 NEW YORK Major League Thursday American: Oakland 4 Kansas City 0; Seattle 2 Chicago 13. National: Cincinnati 7 SF 5; Florida 3 Chicago 9.25 words
-
Article, Illustration299 1994-06-25 30 AFP Reuter BEAVERTON, Oregon Slumping sales of sportswear named for retired star Michael Jordan have prompted Nike Incorporated to stop selling the clothing once existing supplies are exhausted. The "Air Jordan" line of seatsuits, Tshirts, hats and shorts are among several Nike lines that are mired in low sales,AFP; Reuter - 299 words
-
Article, Illustration166 1994-06-25 30 TOKYO 100 million yen ($965,000) Miznno Open 2nd rd yesterday (Japanese unless stated): 135 Anthony Gilligan (Aust) 69 66 136 Brian Watts (US) 68 68, Koichi Suzuki 66 70 137 Saburo Fujiki 69 68, Seiki Okuda 67 70. SAYAMA, Japan Japan women's Open 2nd rd vesteiday: 140 Ikuyo Shiotani166 words
-
Article, Illustration116 1994-06-25 30 AP CHRISTCHURCH, New Zealand New Zealand and France have intensified their preparations for Sunday's first test, using the record test appearances of two players as the impetus for strong performances. Both captains Sean Fitzpatrick and Philippe Saint-Andre said Friday their respective team discussions featured the match appearances of twoAP - 116 words
-
Article, Illustration117 1994-06-25 30 LONDON Wimbledon yesterday Men's 3rd rd: Jonas Bjorkman (Swe) b Kenneth Carlsen (Den) 6-4 6-4 1-0 retired; Wayne Ferreira (SA) b Chris Wilkinson (GB) 6-2 6-2 6-3; Michael Chang (US xlO) b Grant Connell (Can) 7-6 (7-4) 6-4 6-2. Women's 2nd rd: Amanda Coetzer (SA xl 4) b Ginger117 words
-
-
373 1994-06-25 30 Michael Karem - From Michael Karem The writer, a Londonbased freelance journalist, contributed this article to BT in WIMBLEDON IN the first modest response to attacks on "boring tennis", the men are to be made to hurry up the game between serves. The time373 words
-
Article, Illustration686 1994-06-25 30 World Cup Finals AP NEW YORK Italy played shorthandcd. Cameroon decided to just play. The Italians, in a must-win situation, did precisely that at the World Cup on Thursday. And they did it with grit and guile and with a backup goalkeeper. Oh yeah, theAP; Reuter - 686 words
-
Article, Illustration440 1994-06-25 30 NYT EAST RUTHERFORD, New Jersey The shock of reality was great enough that Roberto Baggio appeared capable only of try ing to run from it. Italy's star player backpedalled from the sight of the substitution marker being held aloft in the late afternoon sunshine.NYT; Reuter - 440 words
-
412 1994-06-25 30 NYT LONDON Ireland's success in the World Cup is creating a windfall for Guinness, the Lon-don-based brewer, which has seen stout sales rocket on both sides of the Atlantic. Some pub landlords in Britain have had to order "emergency supplies" of Guinness after Ireland'sNYT - 412 words
-
-
TIME OFF
-
Article, Illustration235 1994-06-25 31 The bi-annual event this year promises to be bigger, better, faster and more than previous festivals with over a hundred groups and solo artistes performing. 7/7/ July 3. Counter sales lor all ticketed shows are on at all I icketCharge outlets. Call 296-2929. NOTE: all shows start235 words
-
Article371 1994-06-25 31 Oliver! Lionel Bart's musical adaptation of Charles Dickens' tale of an orphan boy who grows from rags to riches literally and emotionally is given a fresh treatment by the boys of ACS Barker Road as a fund raiser. Today. Spm at the Anglo-Chinese School Centre for Performing Arts. Dover371 words
-
Article77 1994-06-25 31 George Lam in Concert For those who didn't know, he was singing before he started sprouting Chinese wisdom over a mug of Guinness. Yes, the Guinness Man (in his second night here) will be belting out all his familiar hits and no. Roll Out the Barrel will not be77 words
-
Article121 1994-06-25 31 The Great American Adventure Experience the wonders of the US through three filmlets. Show times: Hidden Hawaii. I lam, 2pm and 7pm: Niagara Miracles. Myths and Magic. 12pm, 4pm and Spm: Grand Canyon The Hidden Secrets. Ipm ana spm. At the Singapore Science Centre's Omni Theatre. Chinese shows: Ham.121 words
-
Article659 1994-06-25 31 International Year off the Family Uniccf organised this exhibition celebrating this special event with a pictorial display depicting family life from countries like Senegal. Lebanon. Afghanistan. Brazil. Cambodia and China. Today: 9am to 5 pm: tomorrow: Ipm to spm. At t/u- Queenslown Library. Admission is free. The PC Show659 words
-
Article123 1994-06-25 31 The Foreign Service Law and Foreign Affairs Minister S Jayakumar. Permenant Secretary (Foreign Affairs) kishore Mahbubani. Tommy Koh. Chan Heng Chee and other officers will share their experiences on their careers at the Foreign Affairs Ministry, and how it has benefited them. Today, 2pm at the Canning Room. Level123 words
-
Article432 1994-06-25 31 Coin and Banknote Auction Some of the region's rarest numismatic material including a unique collection of 19th-century banknotes and the very first Straits Settlements fivedollar banknote, will be offered for sale. Auction today. 10. 30am. It the Hyatt Regency Ballroom. 3rd level. Ilyatt Regency ilotel. Taiji Demonstration for Charity432 words
-
Article450 1994-06-25 31 Tri-Art I his exhibition features paintings by C'hor Mui Ling. Katherine Phua and Ikx) S/e Yang. three Nata graduates who are now praetising their craft as art teachers. June JO to July 5. I lam to 9pm daily ai the Gallery. Painting for Beginners Basic practical course450 words
-
Article129 1994-06-25 31 Christopher Toh - Compiled by Christopher Toh Sistic outlets arc at Forum dulleria. Liang Court. Rallies City. Seotts. Specialists' Centre, lakashimaya. Cold Storage al Jelita. Promenade and World trade Centre, and at the Indoor Stadium. Hotline: 348-5555. ticket Charge outlets are at Metro stores. W'isma Atria. Cent repot nt and tangs. Hotline:129 words
-
-
PEOPLE
-
Article, Illustration310 1994-06-25 31 ANOTHER effort at building up friendship and strengthening of giianxi or relationship. The Shanghai Banking (Foreign Exchange) Association (SBFEA), founded in December 1992, made a visit to Singapore early this month. The association, which comprises 37 domestic, foreign and joint venture financial institutions licensed to handle foreignPhotos by Chris Loh - 310 words
-
-
EPICURE
-
Article, Illustration624 1994-06-25 32 JAIME EE - Bon Appetit By JAIME EE WHEN Casablanca first opened nipre than five years ago at Emerald Hill, it was pretty much an expatriate hangout (some of the original owners were Caucasian). It was super trendy, full of sarong party girls and their equally swingy white boyfriends chilling oyt624 words
-
Article606 1994-06-25 32 JAIME EE - By JAIME EE SOUTH Buona Vista Road is a very long street. Driving along it means you've got to weave in and out of some perilous road curves, not because you want to test the suspension in your car, but because you want to go to606 words
-
Article770 1994-06-25 32 N K YONG - Wine By N K YONG ALTHOUGH the law requires that nonvintage champagne cannot be sold until at least one year old, the average age of most non-vintage champagnes at release is three years, with a few, such as Bollinger, Pol Roger and Roederer, maturing it770 words
-
-
Article, Illustration1029 1994-06-25 34 Airborne. Teen movie about rollerblading in Cincinnati. Yishun, Bishan: 10.55: 5.10. Pavilion: 11.30; 1.30. Autumn Moon. Japanese tourist finds warmth and authentic Hongkong cuisine with 80-year-old Granny. R(A). President: 1; 7. Chinatown: 11.30: 1.30: 3.30. Blank Check. A youngster gets a lot of money, lives it up. blows it1,029 words
-
-
Page 23 Advertisements
-
Advertisement159 1994-06-25 23 lSiPifeviiß^ppf jKsmtjlt t'tmih aj..^■ /"sKr'-" 'i:tt «<• Available exclusively: SINCAPORE: Burberryi Main Shop: 455 Oi chard Road. •02-42/45/44. Wis ma Alria. Singapore 0925. Td: 735 7115. 591 Orchard Road. *0110 Takashimava Shopping Centre, Singapore 0985. Tet 735 1283. Burberry* DAIMARL' DPS Orchard BETAS Orchard MEN'S CORNER TAKASHIMAYA DEPTSTORE NAN HEN159 words
-
-
Page 24 Advertisements
-
Advertisement69 1994-06-25 24 k BT welcomes f J letters from you. S k l'loase address them r r to: The Editor, > S Business Times, r r 390 Kim Seng Rd, j j S pore 0923. Letters f r should include your J contact numbers. S P STRAIGHT TALK You shouldn't have to69 words
-
-
Page 24 Miscellaneous
-
Miscellaneous48 1994-06-25 24 IftfD Mcgc'q ONr. OF] U)e D»DN'T... "THESE V4eRC-'S ft GOOD 0N& OF I LJWOUE. f=\FT{lß Tp\|<e.N in THC- OFTpCE. UfvST UeLPMNG u>nw coolD*»jk.) monprn/ .ooR Boss is r ypLjpfy.... GiR«-2> I Y ou RU weNr &Q Qy.... HQUICQY ToGeTVA&g.../ c *sBociATto wtwvA»cwa lto, i««i»»4 <^15 POOWESBURY GARRY TRUDEAU48 words
-
-
Page 26 Advertisements
-
Advertisement8 1994-06-25 26 CAB NOW. PAY LATER. THE CORPORATE TRAVEL CARD8 words
-
-
Page 27 Advertisements
-
Advertisement236 1994-06-25 27 4 >> 'is/?-,- -3P>"»- *TSBF JgjSW t .'4t "< •*">:. 4 HHHM -i J i J i i-4 J J Si J i i I _j, hmi i>i-^ a,W J i rt- 1 .*~V 7jj -i Bv x jj J AN INVITATION TO A I I I FRENCH INVESTMENT OPPORTUNITY236 words
-
-
Page 29 Advertisements
-
Advertisement24 1994-06-25 29 o O O Q o LEAD BY EXAMPLE For some of the best examples of good management Enterprise Management Every Monday. 'v^siNQAratß* BusmessDmes mama**m24 words
-
-
Page 30 Advertisements
-
Advertisement66 1994-06-25 30 ADVERTISEMENT RnsHiesfllmes/KENWOOD GOLFING TIPS By BRETT BRASIER PROFESSIONAL GOLFER I FtayOualHM Mm bar a 5.P Q>,» Op m inag«m«nt IlkSthiS! Having a regular routine jfei vL before each shot is Find a squence to vj S extremely suit your game y r—- important if only a i V and do66 words
-
-
Page 31 Advertisements
-
Advertisement107 1994-06-25 31 Above Pie 2T*****. Lid 401-36 Raffles 'Wv C* Tel J3WKS *01-32 LuclkV PI a/ j Tel 23S(**4 Deluxe Enletn Watch Pie Lid «ot-18/20 Centrepoint W *****)6 lewellen Industrie* IS) Pie Lid 44 Alexandra V'A Terrace |IS Bld« UWf Pasir Panian* Rd) Tel 47V1188 Roy l-a*tern Watch Pte Lid *01-74 I.uckv107 words
-
-
Page 32 Advertisements
-
Advertisement20 1994-06-25 32 j i j i PLAY SMART Be part of the good life. Lifestyle. Everyday. f Business Times WE KNOW ABA20 words
-
Advertisement133 1994-06-25 32 VPHPEZVOUS XILLKXP I I Wmjm With the bustle of Orchard Road at your feet, HILLTOP LOUNGE is the ideal place to unwind.Be enchanted by Muzique Manila, a highly versatile 5-member band especially brought to you straight from the heart of Philippines. On their first stint in Singapore, audiences were thrilled133 words
-
Advertisement45 1994-06-25 32 iAFTER 51 P v Your day may be over WLf But your night is just beginning! H Get a drink, go dancing, hear H W the latest hit, see the hottest B| band in town... Explore the possibilities B with our AFTER 5 listings. I45 words
-
-
Page 33 Advertisements
-
Advertisement963 1994-06-25 33 BSM Nothing Beats A Bud. WHERE to wine, dim MID entertain OF FRESPfI .PASTA DAI LY. W From Pasta Frasca. Th« only restaurant to mako its own specialty pasta. Fresh, everyday. Savour perfect pizza, great geiati and terrific tiramisu. All topped with Italian hospitality. Po*ta Ftmco Oa Satvator* Ptt Ltd963 words
-
Advertisement333 1994-06-25 33 *djf round-tftt-cCocf^. Chatterbox heme of our famous Hainanese Cfiicis* tju and popular Coconut Ice Cream in afresh coconut Try them, and you'll fyow Coffee shop why they an the specialties of the house. Ist floor i 1 4fimdort* C Jing^r* I*l Ort#d ftoad H«.| mil r«t *****H -=A fSTIIS'JEf LA333 words
-
-
Page 34 Miscellaneous
-
Miscellaneous2509 1994-06-25 34 TODAY'S TV r 1 10.00 Good Morning Malaysia. 11.00 Special Documentary. NN News. Water Engine, 2pm, SBC 5 Superstars Of Action, 12.15 PM Children's Club (M) 1.00 ABN A water. Sounds to a guy 2.00 Dari Seberang(M). 4.00 Watara Seken 4.30 Dwi Vista Hoffman Wowser. Lu- Before was 0.00 News(M).2,509 words
-