The Business Times, 16 July 1994

Microfilm: NL19568
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, July 16-17 1994 WE KNOW ASIA 75*
    13 words
  • Article
    Retailers hope Great S'pore Sale will bring relief
    605 1  -  By Corinne Kerk SINGAPORE Excitement has built up in the retail industry ahead of the first Great Singapore Sale, which starts tomorrow. Retailers hope the event will put a shine back on the industry, which has been going through a lacklustre period.
    605 words
  • Article
    Lock icon Japan trade surplus surge drives dollar lower
    424 1 Bloomberg Business News Reuter, NEW YORK A surge in Japan's trade surplus pressured the dollar in early trading, pulling it off highs achieved on Thursday in a rally generated by encouraging comments from the Clinton administration. unadjusted cus-toms-cleared June trade surplus soared 14.8
    Bloomberg Business News; Reuter,  -  424 words
  • Article
    Lock icon US industrial output up 0.5pc
    270 1 AP WASHINGTON US industrial production rose 0.5 per cent in June as unusually hot weather forced a big surge in utility output, the government said yesterday. The Federal Reserve said without the higher utility use, production rose a mere 0.1 per cent last month, matching
    AP  -  270 words
  • Article
    Lock icon KL banker says negative interest rate will hit savings
    245 1 MBT KUALA LUMPUR A "negative" interest rate regime is emerging in Malaysia which will have an unfavourable impact on the country's savings rate, a banker warned yesterday. As the consumer price index for the first five months of this year is
    MBT  -  245 words
  • Article, Illustration
    Lock icon Dow's rebound inspires regional markets
    350 1  -  By R Sivanithy SINGAPORE All the region's major stock markets rose yesterday as confidence returned to equities following a convincing overnight performance on Wall Street. In fairly active trading on Thursday, the Dow Jones Industrials Average rose 34.97 points to 3,739.25 after the government released
    Source: Bridge Info  -  350 words
  • Article
    Bangkok mass transit system attracts big investors
    413 1  -  From Loh Hui Yin in BANGKOK TOP-NOTCH investors such as the George Soros-backed Asian Infrastructure Fund, International Finance Corp and Bangkok Bank are set to take an equity interest in one of the mass transit systems being built in Bangkok. The trio are
    413 words
  • 2am LATEST
    • Article
      Lock icon Dow Jones up 3.56 points
      73 1 Reuter NEW YORK Wall Street stocks were narrowly mixed in moderate trading yesterday as a sell-ofT in International Business Machines over earnings worries weighed on blue chips. In the broad market, advances held a slight edge over declines on New York Stock Exchange volume of
      Reuter  -  73 words
    • Article
      Lock icon Greenspan urges further cut in deficit
      59 1 Reuter WASHINGTON Federal Reserve chairman Alan Greenspan said yesterday that the United States was experiencing "ideal" economic times but warned the federal budget deficit must be cut further to ensure that continues. "The US economy has recently been experiencing the ideal combination of rising
      Reuter  -  59 words
    • Article
      Lock icon Burlusconi govt in quit threat over decree
      44 1 AFP ROME Prime Minister Silvio Berlusconi's government will resign if its parliamentary majority fails to back a decree limiting judges' powers to detain suspects, a spokesman and yaterday. The decree has been criticised by coalition parties. AFP
      AFP  -  44 words
  • Article
    MARKET SUMMARY
    152 1 Stock Mattel hi»i rtiimr ctmm ST1I .2,198.32 +1.54 KLSEComp 1,012.11 +1.5l Nikkei 20,770.13 +ji|l Hang Sea* 9,117.02 +308.74 SETlndex 1,344.17 +42J0 Jakarta Corap 46 It3 +1/48 CLSA China B ......993.00 -0.14 Aost AUOrd lfiH.0 -kJOtf FTSE 100 Dow Jones 3,742.81 3.7J9JS Awtray priy or Singapore* *5.fa Kuala Lumpur
    152 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • SINGAPORE NEWS
    • Article
      NTUC Income to underwrite HDB fire insurance scheme
      373 2  -  By Soh Tiang Keng fHE Housing and Developijfient Board has appointed NTUC Income to underwrite and administer a low-premi-um fire insurance scheme for its flat dwellers. The NTUC policy covers damages to building structures and fixtures and fittings in the flats. The
      373 words
    • Article
      Sale seen shrugging off strong S$
      322 2 THE Singapore dollar may be strong against other currencies, but this should not affect the Great Singapore Sale, said Pek Hock Thiam, executive director of the Singapore Tourist Promotion Board. Speaking at a press conference yesterday, Mr Pek said that Singapore competed with neighbouring
      322 words
    • Article, Illustration
      Diamonds shine as an investment, says jeweller
      231 2  -  Text and photo by Arthur 100 Arthur Lee DIAMONDS are a good form of investment, having appreciated by about 10 per cent annually over the past three years, says Charles Chan, managing director of local firm Larry Jewelry. This rate of appreciation was
      231 words
    • Article
      US embassy sees S'pore economy growing up to 8.5pc
      277 2 THE US embassy expects the Singapore economy to grow between 8 and 8.5 per cent this year before easing to a range of 6.5 and 7.5 per cent in 1995. The key factor will be external demand, which rose by 14
      277 words
    • Article
      TI gets $2m grant for chip packing project
      253 2 TEXAS Instruments Singapore has been awarded a $2 million grant by the National Science and Technology Board (NSTB) towards a $7.4 million research project on semiconductor packaging. The five-year project is to design and develop packaging for dynamic random access memory chips
      253 words
    • Article
      Corrections and clarifications
      71 2 A REPORT yesterday, headlined "Boost share of regional infrastructure pie, S'pore firms told", said that the combined value of overseas work by Singapore construction firms, at $1 billion a year, represented 11 per cent of the amount of work done in the region. This is incorrect. The
      71 words
    • Article
      Two SML tugs sent to salvage car carrier off Vietnam
      275 2 1 SEMBAWANG Maritime Ltd (SML) has sent two tugs to salvage a crippled car carrier which has been adrift southeast of Vietnam since Thursday. The first of the tugs was scheduled to arrive at the scene last night, while the
      275 words
    • Article
      Visitors from Asean biggest spenders last year
      398 2  -  By Juliette Walker ASEAN visitors were the top spenders here last year, accounting for 40.2 per cent of total visitor expenditure of $5.5 billion. According to the 1993 Survey of Overseas Visitors to Singapore, published by the Singapore Tourist Promotion Board, visitors living
      398 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      259 2 Whither prices? Residential property prices doubled over the gravity-defying jKljllllm performance. Will SmJlia 1994 mark the ALSO IN THIS ISSUE: Zl"? I Office space: The worst is over Why companies need a green audit Derivatives: The hard sell is on House Hunt: Private property prices I Get your copy of
      259 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      231 2 I CRYPTIC CROSSWORD 1 Dole road paradoxically I I I I I I i___L__^M—L_L—L—L—J——l leads to place of fabulous H| Hi KM Hfl 6 Change into suit (6) p I 10 Obsessed with single record 12 One can go straight with 13 Fine thing from Skye, say, as ■H" 16
      231 words
Page thumbnail Page 3
  • THE REGION
    • Article, Illustration
      Lock icon Japan's manufacturers slow to shift offshore despite yen's rise
      673 3  -  From Anthony Rowley in TOKYO THE latest surge in the value of the yen has undoubtedly dealt a blow to Japan's export competitiveness but so far re-cession-hit manufacturers have made only modest moves to relocate additional production offshore in order to
      Source: Bloomberg  -  673 words
    • Article
      Lock icon Apec leaders to study plan to set up powerful trade bloc report
      173 3 AFP SYDNEY Leaders of the Asia Pacific Economic Cooperation (Apec) forum are to consider a plan to turn the 17member body into a powerful new trading bloc with some similarities to the original European Common Market, according to
      AFP  -  173 words
    • Article
      New Treasury unit set up to manage M'sian external debt
      406 3  -  From Ho Kay Tat in KUALA LUMPUR THE Malaysian Treasury has formed a special unit to manage the government's external debt and ensure the country does not suffer when there are volatile currency movements like the sharp appreciation of the
      406 words
    • Article, Illustration
      Lock icon Thai delegation arrives in Cambodia
      65 3 Reuter PHNOM PENH, Cambodia Krasae Chanawongse, along with a Thai delegation, being greeted by Om Ratsady, president of the International Relations Committee, upon his arrival at Pochengtong airport here yesterday. Dr Chanawongse is in Cambodia on an official visit, and is scheduled to check on
      Reuter  -  65 words
    • NOTE BOOK
      • Article
        Lock icon BBC to build Thai relay station
        65 3 AFP BANGKOK The British Broadcasting Corp (BBC) will build a major radio relay station in central Thailand under an agreement signed yesterday with the Thai government, the BBC announced. The agreement signed by Foreign Minister Prasong Soonsiri and British government officials here calls for
        AFP  -  65 words
      • Article, Illustration
        Lock icon M'sia airmen heading for Moscow
        56 3 Reuter KUALA LUMPUR Malaysia's Moscow-bound airforce personnel gathering round their Russian language teacher, Natalia Zoubazeva, after a course in Kuala Lumpur yesterday. The Russian-speaking airmen and ground crew will leave for Moscow to be trained on Russian MiG-29 fighters. Malaysia has bought 18 MiG-29 jets
        Reuter  -  56 words
      • Article
        Lock icon KL industrial production up 11.3pc
        93 3 Bernama KUALA LUMPUR Malaysia's Industrial Production Index (IPI) rose 11.3 per cent in the first five months of 1994 over the same period of 1993. The Department of Statistics said yesterday the IPI, which measures the rate of change in industrial production over time, stood
        Bernama  -  93 words
      • Article
        Lock icon Mahathir denies secret Rabin meeting
        65 3 AFP KUALA LUMPUR Malaysian Prime Minister Mahathir Mohamad yesterday denied an Israeli TV report he had held a secret meeting with his Israeli counterpart, Yitzhak Rabin, in Paris on July 6. The report claimed the meeting took place when Mr Rabin went to receive a
        AFP  -  65 words
      • Article
        Lock icon Manila backs fast Asean entry for Hanoi
        70 3 Reuter MANILA Philippine Foreign Secretary Roberto Romulo said yesterday the Association of South-east Asian Nations (Asean) should grant Vietnam interim membership as soon as possible. He told reporters he would propose this at Asean's annual foreign ministerial meeting in Bangkok next week. But
        Reuter  -  70 words
    • Article
      Breakfast in KL, lunch in HK but avoid Tokyo, says Visa
      231 3 SINGAPORE Looking for a cheap continental breakfast at a five-star hotel? Head for Kuala Lumpur, where it will cost about Ssl4, the cheapest of 11 Asia-Pacific cities, says credit card vendor Visa International. Its latest Travel Cost Barometer, for
      231 words
    • Article
      Lock icon Daim outlines 3 hurdles to Malaysia's progress
      382 3 MBT KUALA LUMPUR Malaysia has begun to experience three things that could negate its future progress labour shortage, strained infrastructure, and the negative attitude of its youths, Daim Zainuddin said yesterday. The former finance minister, now economic adviser to the government, said while
      MBT  -  382 words
    • Article
      Lock icon China's labour minister says strikes inevitable
      312 3 AFP BEIJING Strikes are "inevitable" as China pushes ahead with economic reforms, Labour Minister Li Boyong admitted yesterday, as he put the number of labour disputes in the first quarter of this year alone at 3,000. Together with rural instability, the growing threat of
      AFP  -  312 words
    • Article
      Lock icon M'sian firm Nopas plans to pump US$250m into Myanmar
      400 3 MBT KUALA LUMPUR A Malaysian company has announced plans to invest US$25O million (Ss37B million) in trading, manufacturing, construction and financial services in Myanmar. Nopas Lions Group of Companies expects to undertake the investment through a joint venture with Myanmarbased Dingar
      MBT  -  400 words
    • Article
      Lock icon Yangon offers to nab opium warlord in return for US arms
      445 3 NYT YANGON The generals who run Myanmar are making an offer that they hope the United States will find impossible to resist: lift the arms embargo against this country, and the army will bring down the opium warlord responsible
      NYT  -  445 words
Page thumbnail Page 4
  • THE REGION/WORLD
    • Article
      Lock icon Japan's trade surplus up 5pc to hit US$60b in first half
      601 4 AFP, Bloomberg Business News TOKYO Japan's merchandise trade surplus rose 5.1 per cent to hit US$6O billion (5590.6 billion) in the first six months of the year, reviving speculation that the US will favour a higher yen to shrink
      AFP,; Bloomberg Business News  -  601 words
    • Article
      Lock icon Economy brightens, but yen still a threat
      361 4 Reuter TOKYO Positive signs are spreading on Japan's stagnant economy, but worries remain that the strong yen may delay recovery, Japan's Finance Minister said yesterday as the government released its monthly economic report. "Although the economy is showing brightness, there are worrying factors,"
      Reuter  -  361 words
    • Article
      Lock icon UK minister urges China, Britain to mend fences
      327 4 AFP BEIJING British Foreign Office Minister Alistair Goodlad called here yesterday for London and Beijing to "put past disagreements" over Hongkong behind them and work to build bilateral ties. Mr Goodlad, who arrived here on Thursday for a oneweek visit, said he
      AFP  -  327 words
    • Article
      Lock icon US Senate votes to restrict arms for Indonesia in response to East Timor issue
      283 4 Reuter, AFP WASHINGTON The US Senate, responding to calls to "send a strong message" to Indonesia on human rights, unanimously voted to restrict small arms sales to that government and to provide money to human rights
      Reuter,; AFP  -  283 words
    • Article, Illustration
      Lock icon Kono's pledge to US
      96 4 Reuter TOKYO Japanese Foreign Minister Yohei Kono (left) ushering United States ambassador to Japan Walter Mondale into his office yesterday. Mr Kono told Mr Mondale that Japan "will do what it should do" to settle the stalled trade framework talks with the US. This included cutting
      Reuter  -  96 words
    • Article
      Lock icon US, N Korea to set new date for talks next week
      526 4 Reuter WASHINGTON United States and North Korean officials arc expected to meet in New York next week to discuss a date for resuming their Geneva talks on Pyongyang's nuclear programme, according to a US State Department spokesman. The Geneva
      Reuter  -  526 words
    • Article
      Lock icon EU heads picks Luxembourg PM Santer as Delors' successor
      263 4 AFP, Keuter BRUSSELS European Union leaders have unanimously chosen Luxembourg Prime Minister Jacques Santer as the new president of the EU's executive European Commission. diplomats and officials said during a summit of EU leaders here yesterday. In accepting the nomination, the
      AFP,; Keuter  -  263 words
    • Article
      Lock icon Chavalit named Thai deputy PM
      95 4 AFP BANGKOK Thai Interior Minister Chavalit Yongchaiyudh was yesterday appointed deputy prime minister, replacing a member of his party who had resigned. King Bhumibol Adulyadej ssued a royal command naming Mr Chavalit to the deputy premiership, a government statement said. Mr Chavalit, 63, retains his
      AFP  -  95 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1289 4 City n*t CT* WW no MmM GA970 2205 AMaM* Qf81 1930 Qf82 2055 SQ227 2230 Antlrtw KL837 1445 KL832 0020 SQ323 1725 KL838 2320 Ww SQ348 2300 4 NZ35 1550 BAH 1505 SQ288 2030 SQ285 2015 8A12 2200 NZ36 2340 Itkraim Gfl49 0650 B Sari Bagman
      1,289 words
    • Article
      Lock icon HK Wharf lashes out at Murdoch's Star TV, but says door still open
      333 4 Reuter HONGKONG Wharf Cable Ltd, Hongkong's only cable TV operator, lashed out at Rupert Murdoch's Star TV yesterday, saying Star had walked out of talks over programming but neglcctcd to tell Wharf the deal was off. Stephen
      Reuter  -  333 words
  • Page 4 Advertisements
Page thumbnail Page 5
  • THE WORLD
    • Article, Illustration
      Lock icon Germany adopts draft budget aimed at cutting spending
      526 5 Reuter, AFP BONN The German government yesterday adopted a draft budget for 1995 which tries to hold down spending by trimming unemployment benefits, sets strict limits on public spending and aims to slash the budget deficit by more than half in the
      Reuter,; AFP  -  526 words
    • Article
      Lock icon Lifting Iraqi sanctions would hurt Algeria: US
      242 5 Reuter PARIS A senior US official said yesterday the fear of destabilising Algeria through a world drop in oil prices was a key reason why Washington opposed lifting international sanctions against Iraq. He said allowing Iraq back into the international oil market would
      Reuter  -  242 words
    • WORLD WATCH
      • Article
        Lock icon Geneva more likely site for WTO
        72 5 Reuter GENEVA Geneva appeared emerging ahead of Bonn as the likely site for the new World Trade Organisation (WTO) due to come into existence next year, Gatt diplomats said yesterday. The diplomats were speaking after a meeting that postponed to next Tuesday a formal
        Reuter  -  72 words
      • Article
        Lock icon S-E Asia boosts Israeli arms sales
        65 5 AFP JERUSALEM Israeli arms exports jumped 20 per cent last year to US$l.B billion (552.6 billion), a sizeable amount due to South-east Asia, the Haaretz newspaper reported yesterday. The daily, quoting military officials, said new markets in South-east Asia and eastern Europe accounted for
        AFP  -  65 words
      • Article
        Lock icon German finance secretary resigns
        73 5 Bloomberg Business News BONN Gert Halter, Chancellor Helmut Kohl's global economic adviser, is leaving his post after less than a year to head one of Germany's largest savings and loan associations. Mr Haller, who was touted last year as a "new breed of economic Sherpa", is
        Bloomberg Business News  -  73 words
      • Article, Illustration
        Lock icon Sword for charity
        47 5 Reuter SANTA ANA, California Actor Arnold Schwarzenegger showing a sword he used in the film Conan The Barbarian which he autographed for an auction. Proceeds from the sale benefited the Inner City Games at Planet Hollywood on Wednesday. The sword went for U556,500. Reuter
        Reuter  -  47 words
      • Article
        Lock icon Palestinian flag over Jerusalem?
        81 5 AFP GAZA CITY, Gaza Strip Palestine Liberation Organisation chief Yasser Arafat yesterday stated his right to hoist the Palestinian flag over Jerusalem, which Israel has declared its capital. "It's my right to hoist the Palestinian flag on the walls of Jerusalem, on its mosques and churches
        AFP  -  81 words
    • Article, Illustration
      Lock icon Sign of a new era for Europe
      62 5 Reuter PARIS German Foch fighting vehicles arriving at the Champs Elysee on Thursday as part of France's annual Bastille Day military parade. This year's parade was marked by the participation of German, Spanish and Belgian troops honouring the European Army Corps. The emblem
      Reuter  -  62 words
    • Article
      Lock icon Russia's economic reforms bearing fruit, says Chernomyrdin
      408 5 AP MOSCOW Russia's freemarket reforms are producing results and the government plans to maintain a tight but realistic financial policy, Prime Minister Viktor Chernomyrdin said yesterday. Speaking at the Kremlin, he noted that the economy's progress has confounded predictions of hyperinflation and economic
      AP  -  408 words
    • Article
      Lock icon Analysts say US economic forecast reflects best of times
      505 5 AP WASHINGTON The bad thing about the Clinton administration's mid-term economic report is that good news has arrived too early, analysts say. "The best news is coming too soon for Clinton. It can't get any better than this... and there has
      AP  -  505 words
    • Article
      Lock icon US, Canada smash plot to fix fax paper prices
      277 5 Reuter WASHINGTON United States and Canadian officials say they have broken up a scheme by a major Japanese trading firm and two US subsidiaries of Japanese companies to raise fax paper prices illegally. They said Mitsubishi Corp; its US unit, Kanzaki
      Reuter  -  277 words
    • Article
      Lock icon Private sleuths on intellectual property trail
      481 5 Reuter LONDON Private investigators of the *****, far-re-moved from the traditional trenchcoat-clad sleuths tracking marital indiscretions, have found a new line of business the fight against intellectual property crime. So-called intellectual property enforcement is a response to the rise in brand counterfeiting, copyright piracy
      Reuter  -  481 words
    • Article
      Lock icon Israel, Jordan to hold historic US summit
      325 5 Reuter WASHINGTON Saying the Middle East is entering a "new era", US President Clinton yesterday announced that the leaders of Israel and Jordan would meet on July 25 in Washington, the first public meeting between the leaders. Mr Ginton also said Israeli Prime
      Reuter  -  325 words
    • Article
      Lock icon Former Aussie state premier jailed for expenses fraud
      300 5 Reuter PERTH Former Western Australian premier Brian Burke was sentenced to two years in jail yesterday after being found guilty of fraudulently claiming travel expenses. Burke, 47, Labor Party premier of the state between 1983 and 1988 and Australian ambassador to Ireland
      Reuter  -  300 words
Page thumbnail Page 6
  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon SSL launches firm to manage hotels in region
      445 6  -  By Abdul Hadhi SINGAPORE Keppel Corp's property arm Straits Steamship Land (SSL) launched its hotel management company, Sedona Hotels International, yesterday. Sedona Hotels will manage more than 1,200 rooms in SSL's hotel and resort developments in the region the 70-room deluxe Crescent
      Photo by Chris Loh  -  445 words
    • Article
      Bukit Sembawang sells all Saraca Gardens houses
      242 6 SINGAPORE Listed Bukit Sembawang Estates has sold all its units in Saraca Gardens, a project in Seletar Hills of 137 semi-detached and terrace houses. Chairman Cecil Vivian Richard Wong said in the company's latest annual report that the titles for the units had
      242 words
    • Article
      Small investors gain 58pc in CAM Mechatronic ballot
      194 6 SMALL investors seeking shares in CAM Mechatronic Ltd's initial public offer came out of yesterday's ballot with SB.9S per cent of the available stock. CAM directors applied a uniform 3:4 ratio for all applications, giving all applicants an even chance of having
      194 words
    • EYE on your STOCKS
      • Article
        MARKET MOOD
        19 6 For next week's expected market sentiment, see BT Sentiment Index on EL4 (Personal Finance A Investment section)
        19 words
      • Article, Illustration
        HOT STOCK
        146 6  -  By Paul Leo Palmco Holdings rose 7 cents to $1.90 on strong buying interest. Volume was 1.31 million units double the previous day's 643,000 shares and almost 10 times the 10-day average of 133,000 units. But it is unlikely to breach resistance at $2.00 in the short term
        146 words
    • Article
      Low Keng Huat unit to convert Perth office building into hotel
      233 6 SINGAPORE A new subsidiary of Low Keng Huat (Singapore) Ltd has plans to convert an office building in Western Australia into a hotel at an estimated development cost of As4s million (5549.9 million). This is on top of the
      233 words
    • Article
      F&N must act fast to keep Coke's sizzle in Vietnam from fizzling out
      799 6  -  HOCK LOCK SIEW By Lee Han Shih SINGAPORE Such is the power of Coca-Cola as an American icon that it would take nothing short of a catastrophe in US-Vietnam relations to prevent it from being bottled in
      799 words
    • Article
      Lock icon MAS to invest in Indian aviation company
      228 6 Bloomberg Business News NEW DELHI Malaysian Airlines and BK Modi group of India plan to set up a ground facility to service small and large aircraft and later an airline, an oflicial of the Indian company said. "The two will each hold 26
      Bloomberg Business News  -  228 words
    • COMPANIES
      • Article
        Lock icon Brierley expects record profit despite Mt Charlotte debt
        452 7 Reuter WELLINGTON Brierley Investments Ltd (BIL) said it expects record profits in the year to June 1994, despite virtually no contribution from the company's principal asset, British hotels group Mount Charlotte Investments pic. Chief executive Paul Collins said that the upgrading of
        Reuter  -  452 words
      • Article
        Lock icon Share buyback considered in wake of new Act
        276 7 Reuter WELLINGTON Brierley Investments Ltd's chief executive Paul Collins said the company is investigating part of the 1994 Companies Act that allows companies to buy their own stock back. Under the new Act, which came into force on July 1, companies have
        Reuter  -  276 words
      • Article
        Lock icon Sarawak Concrete's share offering subscribed 24 times
        297 7 Bernama KUALA LUMPUR Sarawak Concrete Industries Bhd's 2.469 a million ordinary share public offering was subscribed 24.34 times, Malaysian Issuing House Sdn Bhd general manager, Fauziah Ibrahim, said yesterday. Speaking at the balloting for the bumiputra portion of SCIB's shares here, she said
        Bernama  -  297 words
      • Article
        Lock icon Idris Hydraulic casting net internationally
        176 7 Bernama KUALA LUMPUR Idris Hydraulic (Malaysia) Bhd is seeking opportunities not only within Malaysia but also on the wider international scene, says chairman Ahmad Rithauddeen Tengku Ismail. Efforts were continuously being made by the board to increase efficiency, productivity and profitability in the group, he
        Bernama  -  176 words
      • Article
        Lock icon MMC looking to civil construction for 40pc of its earnings
        421 7 Bernama KUALA LUMPUR Civil construction projects are expected to contribute significantly to the profits of MMC Engineering Group Bhd this year, its chief executive Abdul Rahim Bakar said yesterday. He said the group had already secured MS 120 million (5570.5
        Bernama  -  421 words
      • Article
        Lock icon Mobikom to open 20 branches, regional offices by year end
        153 7 Bernama GENTING HIGHLANDS Malaysia's third cellular phone operator, Mobikom Sdn Bhd, plans to establish 20 regional and branch offices within this year to further strengthen its presence in the telecommunications industry. Chief executive officer Zamani Zakariah said it had identified
        Bernama  -  153 words
      • Article
        Lock icon Mulpha to acquire 70pc stake in three HK firms
        164 7 Bernama KUALA LUMPUR Mulpha International Bhd (M1B) has entered into two conditional sale and purchase agreements to acquire a 70 per cent interest in three companies incorporated in Hongkong for HKS37 million (Ss7 million). A MIB statement yesterday said the group
        Bernama  -  164 words
      • Article, Illustration
        Lock icon Aussie predators eye prey for takeovers
        552 7 Reuter SYDNEY Australian companies are back on the takeover trail after years of bal-ance-sheet repair. Firms are now cash-rich and ready to prey on undervalued companies following a fall in the local bourse, analysts said. "We think takeovers are going to be a very
        Reuter  -  552 words
      • Article
        Lock icon Bank Buruh profit up 42pc to M$25m
        236 7 Bernama KUALA LUMPUR Bank Buruh (M) Bhd has made a pre-tax profit of MS2S million (5514.7 million), up 42 per cent, for the year ended June 30, 1994, says its chief executive, R Navaratnam. The bank made a pre-tax profit of M 514.5
        Bernama  -  236 words
      • COMPANY BRIEFS
        • Article
          UOB foreign shareholding at 40pc
          34 7 SINGAPORE United Overseas Bank said yesterday its foreign shareholding at June 30 was 40 per cent, with 38.87 per cent held by foreigners and 1.13 per cent by locals.
          34 words
        • Article
          Tri-M subscribes for shares in KL unit
          36 7 SINGAPORE TRI-M Technologies has subscribed for 15 million new ordinary shares of Msl each in its wholly-owned Malaysian subsidiary TRIM Technologies, for a total of Msls million (SSB.7 million).
          36 words
        • Article
          Pacific Can buys Tri-Mix shares
          36 7 SINGAPORE Pacific Can Investment Holdings, through PacCan Construction Specialists, has paid $1 million to acquire 330,000 shares of $1 each in Tri-Mix. Pacific Can now holds 83.9 per cent of Tri-Mix.
          36 words
        • Article
          Lock icon Granite shares up on gaming rumour
          79 7 Reuter KUALA LUMPUR Granite Industries Bhd's share price soared on the back of talk that the company has secured a management contract for a turf club in South Africa. Brokers say the rumour, which started circulating in the market yesterday afternoon, has attracted both
          Reuter  -  79 words
        • Article
          Lock icon Nod for Ayala unit's capital rise
          96 7 Reuter MANILA The Philippine Securities and Exchange Commission has approved the registration of an additional one billion shares in the authorised capital stock of Cebu Holdings Inc, a subsidiary of Ayala Corp. The increase, which doubles the real estate firm's total authorised capital stock
          Reuter  -  96 words
        • Article
          Lock icon Dataprep to vie for Asia-Pac market
          78 7 Bernama KUALA LUMPUR Dataprep Holdings Bhd yesterday signed a joint-venture agreement with US-based Open Systems Holdings Corporation to penetrate the Asia-Pacific market with world-class products in the area of accounting, distribution and manufacturing. Dataprep holds SI per cent in the joint-venture company. Dataprep Open
          Bernama  -  78 words
        • Article
          Lock icon Foreigners hold 17pc in Bank Islam
          82 7 Bernama KUALA LUMPUR Foreign share ownership in Bank Islam Malaysia Bhd at June 30 amounted to 22.672 million ordinary shares or 17 per cent of the total ordinary shares of the bank. A Bank Islam statement here yesterday said among the shareholders, a Singaporean
          Bernama  -  82 words
      • Article
        Untitled
        1107 7 «—Wkm Jul 16 18 UMB Invest Mgt Ltd i-!i t. ,,-1 Unifund 1.43 1.49 Singapore unn irusi umbo*)* i.oj loss The Commerce 1.61 1.70 United Gr Fund! 1.67 1.73 TV Savings Fund 1.52 1.61 United Asa Fund 1.61 l.7l» S pore Prat Fund 0.69 0.73 Spore See Fund 103 1.09
        1,107 words
      • COMPANY BRIEFS
        • Article
          Lock icon Acer doubling S'pore unit's capital
          109 8 Bloomberg Business News TAIPEI Acer Inc. Taiwan's biggest computer maker, said it plans to double the capitalisation of its 85 per cent-owned subsidiary in Singapore to US$24 million (5536.48 million). The company, Acer Computer International Pte Ltd, will use the new funds to expand Acer
          Bloomberg Business News  -  109 words
        • Article
          Lock icon Sony to make Walkmans in China
          76 8 AFP TOKYO Japanese electronics giant Sony Corp will launch regular production of low-priced Walkman stereo cassette players in China next month, a company spokesman said yesterday. Sony has reached an agreement to provide production rights to a Hongkong electronics maker with factories in southern
          AFP  -  76 words
        • Article
          Lock icon Hoechst sees 20pc profit rise
          50 8 Bloomberg Business News FRANKFURT German chemical giant Hoechst AG could increase its group net profit for 1994 by 20 per cent, the company's chairman said. Without citing figures, chief executive Juergen Dormann said the company's job-cutting and restructuring programme would make the gains possible. Bloomberg
          Bloomberg Business News  -  50 words
        • Article
          Lock icon Marks and Spencer plans expansion
          50 8 Bloomberg Business News LONDON Marks and Spencer pic will invest more than £1 billion (552.87 billion) over the next three years, shareholders were told at yesterday's annual general meeting. M&S chairman Richard Greenbury said M&S will focus on building large department stores. Bloomberg Business News
          Bloomberg Business News  -  50 words
      • Article
        Lock icon Westinghouse deal gives CBS new stations for ailing network
        211 8 LAT NEW YORK CBS Inc, which has been badly shaken since key affiliates defected to Fox Broadcasting Inc, on Thursday entered into a strategic alliance with Westinghouse Broadcasting that will provide the embattled network with new outlets in five important markets.
        LAT  -  211 words
      • Article
        Lock icon US computer makers expect earnings growth for 2nd qtr
        500 8 Reuter NEW YORK Many US computer makers are expected to show earnings growth in the second quarter, as cost-cutting efforts boost the bottom line, but analysts also expect stagnant revenue growth among most large system makers. Earnings among personal computer makers
        Reuter  -  500 words
      • Article
        Lock icon China firms offer more bonus issues
        212 8 Reuter HONGKONG Chinas listed companies have made more bonus issues and fewer rights issues this year, a China Securities Association survey showed. A Shanghai-based analyst attributed the change in focus to regulations implemented in December by the China Securities Regulatory Commission limiting rights issues
        Reuter  -  212 words
      • Article
        Lock icon Sanyo trebles half-year profit through stock sell-off
        342 8 Bloomberg Business News TOKYO Japanese consumer electronics maker Sanyo Electric Co said sales of stock holdings helped it treble its current profit in the six months to May 31 from the same period last year. The company sold 9.3 billion yen (SSI43 million)
        Bloomberg Business News  -  342 words
      • Article, Illustration
        Lock icon Revving up Japanese sales
        91 8 AFP TOKYO John Smith, president and chief executive officer of General Motors Corp, addressing the Foreign Correspondents' Club of Japan yesterday. He said GM, the world's No 1 car manufacturer, plans to triple sales in Japan by 2000, but without changing its distribution system. Mr Smith
        AFP  -  91 words
    • SHIPS IN PORT
      • Article
        AT CONVENTIONAL WHARVES
        555 8 Voy Wo Berth Arrival Departure itttd Voy No Berth Arrival Departure Jtirong Port Buo <x po/ 160//2359 17.07,0600 Baiam Mah N130 U alongside 160/ 2300 Batam Speed ****** P01A 1V07/2030 1507/2130 Balangas 74 J4/b alongside 16.07/1700 Batam S«ed3 A5394* P01A 1507 1530 15 07/1630 Ca#« Eicedence H6
        555 words
      • Article
        CONTAINER SCHEDULES
        1827 8 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Record Bookinf/Balance RsJts Ship Voy No Etb/Btr Period From To From >»* 195A 1/ 0500 1A IV1500 15/1659 15/1900 IB 15/1500 15/1669 15/1900 3 16/0/00 16/1159 16/1400 4 16/1200 16/1459 16/1/00 CO/3W
        1,827 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Basle group broadens netting for banks' capital adequacy
        510 9 Reuter BASLE, Switzerland The Group of 10 banking regulators yesterday said they had finalised a recommendation for a broadening of the recognition of bilateral netting of banks' credit exposure for capital adequacy purposes. The recommendation, a refinement of the original 1988 Basle
        Reuter  -  510 words
      • Article
        Maybank names three new senior general managers
        175 9 SINGAPORE Malayan Banking Berhad has appointed three new senior general managers and two general managers. Maybank said the senior GMs, who were appointed on July 1, are Mohammed Hussein, Ismail Shahudin and Spencer Lee Tien Chye. The new GMs, who will take up
        175 words
      • Article
        Lock icon NZ central bank sees closures ahead as industry restructures
        135 9 Reuter WELLINGTON The Reserve Bank of New Zealand (RBNZ) predicted more rationalisation of the country's banking industry, which faces a major medium-term challenge of intense competition. In its June quarter bulletin, the central bank said that the challenge for banks in
        Reuter  -  135 words
      • Article
        Krung Thai Bank to raise US$145m through FRCDs
        237 9  -  By Soh Tiang Keng SINGAPORE Krung Thai Bank yesterday signed an agreement here to raise US$l45 million (SS2I9 million) through an issue of floating rate certificates of deposit (FRCD). The deal was completed at the Raflles Hotel in a ceremony that coincided
        237 words
      • Article, Illustration
        Lock icon From pirates' den to financial hub
        70 9 Reuter LABUAN, Malaysia Construction of a massive Financial park is underway on Malaysia's Labuan Island, as 27 banks and 280 companies have been licensed to operate in the island's International Offshore Financial Centre. Labuan, a Hongkong penal colony and pirates' lair a century ago,
        Reuter  -  70 words
      • SMALL CHANGE
        • Article
          Lock icon Bank of India posts 10b rupee loss
          93 9 AFP BOMBAY The Bank of India, a leading commercial bank, said it had a net loss of 10.08 billion rupees (***** million) in the year to March, wiping out its paid-up capital. The bank's chairman. G S Dahotre. said the loss, after allowing
          AFP  -  93 words
        • Article
          Lock icon BOE won't direct derivatives market
          88 9 Bloomberg Business News LONDON Bank of England governor Eddie George on Thursday said it was not the central bank's role to interfere in and direct the derivatives market in a particular area. The Times reported yesterday. He was commenting on the bank's new Traded Markets
          Bloomberg Business News  -  88 words
        • Article
          Lock icon M'sia may have insurance legislation
          72 9 Bernama KUALA LUMPUR More comprehensive omnibus legislation is being contemplated to monitor and control the country's insurance industry. Deputy Finance Minister Mustapa Mohamed said on Thursday. He said the director general of insurance was studying all aspects of the insurance industry to ensure that supervision
          Bernama  -  72 words
        • Article
          Lock icon Bank of New York's profit up 49pc
          69 9 Bloomberg Business News NEW YORK Bank of New York Co on Thursday said first-quarter net ineome rose 49 per cent on increased loan demand, an improved quality loan portfolio and higher credit card revenue. The I6th-largest US banking company said net income rose
          Bloomberg Business News  -  69 words
        • Article
          Lock icon Peregrine eyes India investment bank
          65 9 Reuter HONGKONG Investment bank Peregrine Investments Holdings Ltd yesterday said it plans to set up a full service investment banking operation in India and is currently applying for a domestic licence with the country's Foreign Investment Promotion Board. Philip Tose, the group's chairman, is currently
          Reuter  -  65 words
      • Article
        Lock icon Central Bank moves to stem peso's rise against dollar
        242 9 AP MANILA The Central Bank will lower bank reserve requirements next month in an effort to stem the peso's rise against the US dollar, the bank governor said on Thursday. Governor Gabriel Singson said the new requirement, taking effect on Aug
        AP  -  242 words
      • Article
        Lock icon South Korean steel firms set for 10 trillion won expansion
        270 9 Reuter SEOUL South Korean steel makers will by the end of the century pour about 10 trillion won (5518.7 billion) into expanding existing plants and constructing new ones to meet growing demand, industry sources said yesterday. Emerging signs of a
        Reuter  -  270 words
      • Article, Illustration
        US$ likely to gain against mark
        520 9 DBS weekly currency review US$/mark: correction due? The greenback slipped from its close of 1.5615 on Friday last week to a low of 1.5160 by Tuesday this week. It then staged a strong recovery to 1.5560 by Thursday. More gains are likely in the
        520 words
      • Article
        Lock icon Indon and US firms vying for Java copper project
        342 9 Reuter JAKARTA A little-known Indonesian trading firm with partners from New Zealand and Monaco is competing with a United States-based mining conglomerate to build Southeast Asia's first copper smelter, company executives said here yesterday. Commodities trading house Citra Pertiwi Centra said
        Reuter  -  342 words
      • Article
        Lock icon Japan's top life insurer poised to come to aid of US T-Bonds
        393 9 Bloomberg Business News TOKYO If the bobbing and weaving dollar would only find solid ground. Americas slumping Treasury bond market would likely get a major shot in the arm from a former fan at Japan Inc. "Our fund
        Bloomberg Business News  -  393 words
      • Article
        Lock icon China acts to keep lid on price of rice
        476 10 Largest grains futures market in Shanghai orders traders to unwind positions in key contracts Reuter SHANGHAI After clamping control on trading in oil products, steel, coal and sugar, China on Thursday moved to bring down the rising price of rice, one
        Reuter  -  476 words
      • Article
        Futures decline as unrest in Nigerian abates
        181 10 Bloomberg ENERGY REPORT LONDON Crude oil futures declined 16 cents to U5517.73 a barrel here as concern about Nigerian labour unrest disrupting exports diminished. Concerns about Nigerian crude stimulated demand earlier this week and pushed oil prices 7 per cent higher. Some traders
        181 words
      • Article
        Lock icon Indonesian tin miner Tambang Timah pins listing hopes on sunset industry
        427 10 Reuter JAKARTA Indonesia's PT Tambang Timah, the world's largest tin mining company, is digging in its heels in an ailing industry that has many producers on the run. The state-owned firm which has come to symbolise the sprawling archipelago's
        Reuter  -  427 words
      • Article, Illustration
        Lock icon Asia diesel fuel demand seen rising 44 pc
        396 10 Bloomberg Business News HONOLULU The Asia-Pa-cific's growing appetite for gasoil, or diesel fuel, could exceed regional production by as much as LIS million barrels a day by 2000, a preliminary study by the East-West Centre says. Rising consumption of gasoil in China,
        Bloomberg Business News  -  396 words
      • Article
        Lock icon Traders ponder world coffee quantities after Brazil frosts
        293 10 Reuter LONDON Traders are now trying to guess how much coffee the world has left after recent frosts slashed the huge Brazilian crop and sent prices up nearly 80 per cent in under three weeks. Brazil accounts for about a quarter of
        Reuter  -  293 words
      • Article
        Lock icon New Abidjan soluble coffee plant eyes Asian market
        280 10 Reuter ABIDJAN The Ivory Coast firm Ivoire-Cafe will target the Asian market with soluble coffee from its Abidjan processing plant when it opens early next year, says Thierry Tan, the company's chief executive. "We are not all that concerned with the West
        Reuter  -  280 words
      • Article
        Lock icon Rubber growers, users smooth way towards new price pact
        232 10 AFP KUALA LUMPUR UN negotiator Peter Lai wound up crucial talks here on Thursday with key rubber growers and users, with delegates saying the dialogue would help ensure successful negotiations for a new price accord in Geneva in October. Mr Lai
        AFP  -  232 words
      • Article, Illustration
        Lock icon Banque Indosuez REGIONAL CURRENCY REPORT
        133 10 The US$ was higher across the board yesterday, helped by a recovery in the bond market. The US$/S$ opened at 1.5135-40, up from the 1.5120-25 close the day before. One bout of dollar purchases pushed the dollar up to a high of 1.5140-45 before Europe
        Charts by Dow Jones Telerate  -  133 words
      • Article
        Lock icon London
        193 10 Reuter LONDON The dollar limped higher on the mark by midday Europe but trading was marginal ahead of the weekend and key US economic data to be released yesterday. The dollar tested 1.5550 marks by midday as buyers tried to push aside profit-taking sales, they said. It remained snarled
        Reuter  -  193 words
      • Article
        Lock icon New York
        79 10 AFP NEW YORK The dollar dipped in early trading here yesterday on investment funds' profit-taking. At 1340 GMT, the US currency was trading at 1.5522 marks down from 1.5547 on Thursday. Against the yen, it was trading at 97.97 down from 98.55. The greenback also slipped against other
        AFP  -  79 words
      • Article, Illustration
        Untitled
        1537 10 lraJe-\*etghteil inde\ tubulated again* S'pure\ lop 14 trading partner* Hose year im US$/S$ forward rates Noon July IS s» BM offn 1-monih 1*5122 15IX) 2-month I SI 13 I.SI27 3-month 1.5103 I 5117 6-month ***** I 5085 Soanr OCBC Source: OCBC FOREIGN CURRENCY NOTE RATES As at 9m m My
        1,537 words
    • COMMODITIES & FUTURES
      • Article
        Lock icon Eurodollars close lower on profit-taking
        1290 11 SIMEX REPORT Reuter SINGAPORE Simex Eurodollar futures closed lower on profit-taking. Dealers said a short squeeze in Chicago led prices sharply higher. But profit-taking surfaced yesterday from Chicago operators, they said. The market will be looking at capacity use and industrial production figures later, but
        Reuter  -  1,290 words
      • Article
        Tin rebounds to close 11 sen higher
        681 11 COMMODITY REPORTS KL Tin Tin price on the KLTM rebounded to close 11 sen higher to M$I3.74 per kg in line with the firmer close on the LME. On the LME, overnight threemonth tin was US$45 higher on active selling activity. Dealers said
        681 words
      • KNIGHT-RIDDER COMMODITY SUMMARY
        • Article
          Vietnam awaits coffee rebound
          89 11 SINGAPORE The Vietnamese, on ideas that the correction seen in coffee price will prove temporary, are hoping for a market rebound that will allow them to start sales of their new-crop coffee for export. Coffee prices had soared early this week when news that a second
          89 words
        • Article
          Russian republic's gold output
          91 11 MOSCOW The Russian republic of Yakutia in eastern Siberia produced more than eight tonnes of gold in the first half of this year, slightly less than forecast, according to the Ministry ot Industry. The republic's two major gold producers are Aldanzoloto and Zoloto Yakutii, which each
          91 words
        • Article
          Oil rally temporary: Venezuela
          70 11 LONDON Venezuela's Oil Minister Erwin Arrieta has said the current rally in oil prices is partly on temporary factors, especially the oil strike in Nigeria. He expressed satisfaction over Opec members' adherence to their output quotas. He said the average export price for the basket of
          70 words
        • Article
          Chinese wants more rapeseed oil
          71 11 TOKYO, KUALA LUMPUR Chinese demand for soyoil is expected to ease soon but emerging interest in rapeseed oil will keep the edible oil market busy. China is seeking offers for South American soyoil to take advantage of lower import duties and rising domestic consumption. Traders
          71 words
      • Article
        COMMODITY PRICES
        1352 11 Rubber July is Comwedity Fnfhwn Pliyskal Prteas (futures dasiag as at S.Mpa) Bayan Sadars As at 12 aaaa (S cents/kg) RSS 1 Caatract (S ccnts/kg) fW v |inu 7T— KSS 2 Aug 94 192.00 I 93 00N M <h H if!! Set, (tonnes) Interest Jg J Jj. [JJ
        1,352 words
    • REGIONAL STOCK MARKETS
      • Article
        Australia
        1039 12 +69.3 SHARES soared yesterday to close 2.5 per cent higher, driven by bullish sentiment following a strong performance on overseas bourses and a rally in futures. The key All Ordinaries Index closed at 2,058.0' points, up 50.3 points on Thursday's finish. The All Industrials rose 69.3 to 3,028.5 while
        1,039 words
      • Article
        Manila
        561 12 +47.07 Stocks rebounded yesterday after monetary authorities cut the reserve requirement for banks, easing liquidity in the market. The PSE Index rose 47.07 points to close at 2,604.9 Turnover fell to 1.20 billion shares valued at 1.52 billion pesos. An analyst said the rebound was brought about by the
        561 words
      • Article
        Taipei
        516 12 102.89 The Taiwan bourse yesterday jumped to a six-month high in modest trading, fuelled by good performances of electricals and banking and insurance shares. The 374-issue Weighted Price Index recovered 102.89 points to settle at a six-month high of 6,407.5. Turnover rose to 1,61 billion shares valued at NTSBB
        516 words
      • Article
        Seoul
        427 12 -8.48 Share prices continued to retreat yesterday, on reports that the Central Bank of Korea had called other banks to refrain from stock investments. The Composite Price Index lost 8.48 points to close at 950.24 with 35 million shares worth 710 billion won changing hands. Falls outnumbered rises 508
        427 words
      • Article
        New Zealand
        321 12 +38.41 The NZSE-40 Capital Index clawed above 2,000 for the first time since late June after it gained nearly 2 per cent in heavy trade. It ended at 2,012.51. up 38.41 points on volume of NZ$5B.2 million. Buying was across the board as investors were encouraged by Wall
        321 words
      • Article
        Bombay
        135 12 +33.57 Shares ended higher on the Bombay Stock Exchange despite end-of-session profit-taking across a wide front. The BSE 30-Share Index ended at a provisional 4,127.20, up 33.57 points. The 100-Share National Index gained 18.43 to a provisional 1,963.25. Brokers said volumes were low and the rise was mainly due
        135 words
    • WORLD STOCK MARKETS
      • Article
        London
        824 12 +24.4 STOCKS rose to their highest levels since late May and completed their biggest weekly rally of the year amid gains in bank shares and speculation inflation will remain tame. The FT-SE 100 Index rose 24.4 points to 3,074.8, led by surging shares of HSBC Holdings, Lloyds Bank and
        824 words
      • Article
        Stockholm
        137 12 +8.83 Swedish stocks rose for a seventh day as investors entered the market ahead of six-month results due out in August which arc expected to be buoyant, analysts said. The OMX Index of 30 leading stocks rose 8.83 points to 1,096.81. Twentyone stocks rose, three fell and six were
        137 words
      • Article
        Frankfurt
        197 12 +37.99 German stocks rose to their highest in a month, lifted by shares in financial institutions. The DAX Index of 30 leading shares closed at 2,093.61, up 37.99 points. Traders said the increase was caused by an improved bund future and by yesterday's expiry deadline for futures and options.
        197 words
      • Article
        Brussels
        168 12 13.31 Belgian stocks rose for the sccond day to their highest level in a month as bond yields fell, cutting company borrowing costs and helping boost profits. t Share prices were also buoyed by the stronger dollar, which lifts profits for Belgian companies that have sales in dollars. The
        168 words
      • Article
        Milan
        202 12 +16 Italian stocks closed little changed as positive economic news First pushed it up but a political battle brewing over the country's anti-corruption crackdown dragged it down. The Mibtel Index closed up just 16 points at 11,294. Prices were boosted at the opening by news that Italy's economy is
        202 words
      • Article
        Amsterdam
        270 12 +3.25 Dutch stocks completed their best week since April 15 amid hopes that companies with dollar earnings have seen the worst of the currency's slide. The EOE Index was up 3.25 points at 392.09, led by chemical maker Akzo, publisher Elsevier and food and consumer goods producer Unilever. Activity
        270 words
      • Article
        Zurich
        262 12 -13.4 Major Swiss shares closed 0.5 per cent lower, the third decline this week, amid gloom about Roche Holding's earnings prospects. The SMI Index of 23 leading stocks fell 13.4 points to 2,514.9, after ranging between 2,556.3 and 2,404.6. Fourteen stocks declined, two were steady and seven advanced. "Selling
        262 words
      • Article
        Johannesburg
        320 12 +76 South African shares posted hefty gains yesterday as the market rallied on more positive factors following recent lethargy. Dealers expect the enthusiasm to flow into next week. "The market's very strong, although it hasn't really followed through to the whole of the industrial market, it could do so
        320 words
      • Article
        Toronto
        247 12 -6.00 Stocks cased in quiet midday trading as players erased earlier gains and grabbed profits alter Thursday's 55.19-point rally, Losses in financial services, conglomerates and transportation offset gains in communications and golds. The TSE 300 composite index was down 6.00 points at 4,189.70 in volume of 31 million shares
        247 words
      • Article
        New York
        733 12 +3.88 The Dow Jones Industrial Average was ahead 3.88 points to 3,743.13 at I lam EDT. The key barometer was off 3.24 points shortly after the market opened. The NYSE Composite Index was ahead 0.40 to 250.96, while Standard Poors 500-stock Index was up 0.80 to 454.21. Advances
        733 words
      • Article
        Untitled
        554 12 B Irans Jrf 13 Fr Air-Liquide ***** > 22.00 Almd Aimhom *10 00 13.00 BNP 141 00 Elf-Aqwt 317 80 9 SO Ufa* 417.50 5 JO MKMm 2».T0 > .40 Nntle 44 WOO -17 00 Nor* Hydro ***** 140 Pnaeai SA 7*4 00 100 133 90 2.70 Royal Duck J74
        554 words
    • Article, Illustration
      Lock icon HONGKONG
      2734 13 Bloomberg Business News HONGKONG The benchmark Hang Seng Index ended this week up 8 per cent, largely thanks to investors' belief that housing prices won't drop further, shrinking the earnings of many leading local companies. The index of 33 leading stocks posted its biggest daily gain this week yesterday,
      Bloomberg Business News; Source: Bridge Info  -  2,734 words
    • Article, Illustration
      Lock icon CHINA
      489 13 CLSA THE Shanghai B market edged up 1.06 points to 743.86 on turnover of USSI.9 million. Outer Gaoqiao, Jinqiao and Chlor Alkali were the more actively traded stocks, accounting for 46 per cent of market turnover. The Shenzhen B market was down 3.10 points to 1,043.10 on turnover of
      CLSA  -  489 words
    • Article, Illustration
      Lock icon TOKYO
      2509 13 Reuter TOKYO Stocks ended a touch ahead, after a week memorable only for its lack of excitement. While the death last Friday of North Korean leader Kim II Sung hit sentiment, it was the dollar's continuing weakness against the yen which kept investors sidelined. "People are just worried about
      Reuter; Source: Bridge Info  -  2,509 words
    • Article, Illustration
      Lock icon BANGKOK
      1618 13 Reuter BANGKOK Expectations of good second quarter finance and bank results boosted the SET Index which closed at the day's high on heavy volume. The index jumped 42.80 points, or 3.29 per cent, to 1,344.17 on 15.2 billion baht trade, the highest turnover since Feb I. "Investors are accumulating
      Reuter; Source: Bridge Info  -  1,618 words
    • Article, Illustration
      Lock icon JAKARTA
      1145 13 Reuter JAKARTA Share prices closed mixed in moderate trading with Indofood providing the focus of the day with 1.3 million shares being traded, brokers said. "Indofood and some pulp and paper shares helped the market to sustain the rises. But late profit-taking on the local side eroded the hard-achieved
      Reuter; Source: Bridge Info  -  1,145 words
    • Article
      CLOB INTERNATIONAL
      2277 14 MOST ACTIVE volume Idris Hyd 50c 9.034.000 Mulpha Intl 50c 7.909.000 Promct 6.753.000 Multipurpose 4.085.000 Kamunting 50c 4.054.000 Landmaris Bhd 3.839,000 Lien Hoc TSR97 3.838.000 CASH 50c 3.757.000 Kcnon* Bhd 50c 3.549.000 Kcmayan 50c 1355.000 Fabcr Group 3.276.000 Bcrjaya L Wt99 3.257,000 KL Industries 3.103.000 MOST ACTIVE value
      2,277 words
    • KUALA LUMPUR STOCK EXCHANGE
      • Article, Illustration
        Lock icon Stocks rise, led by counters with cable TV link
        5751 14 Bloomberg Business News KUALA LUMPUR The benchmark stock index rose as investors bet that a company controlled by Samsudin Abu Hassan would take over the local entrepreneur's cable TV company, which was awarded a potentially lucrative contract by the government earlier
        Bloomberg Business News; Source: Bridge Info  -  5,751 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        7367 15 Gf Cf M Wl 1994 Last Val Day LM QmM Dt» Dt> M Net Can A*g Hlfk Low Cmm SaW CM*) Hl(k La- Bayer Sellrr Of V/t Wl Price INDUSTRIAL AND C0MMCIW1AI I44J 835 I Acma 975 5 37 985 97) 975 980 17.5 2.1 I.I 15.6 672.0 91) <00
        7,367 words
      • Article, Illustration
        Lock icon Receding inflation fears a boost for share prices
        1836 16  -  By R Sivanithy SINGAPORE Stocks rose for the fourth consecutive day yesterday, boosted by a continued calming of inflation fears in the US and a spectacular rise in the Hongkong market, said traders. They also added that part of the buying was
        Charts by Bridge Info; Source: Bloomberg  -  1,836 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      390 6 NEWS VALUE How today s news might affect your stocks Retailers hope Great S'pere Salt wM bring relief (pg 1) Any impact on retailing and hotel stocks likely to be just psychological. KL negative interest rate may erode saving incentive: banker (pg 1) Malaysian interest rates likely to have bottomed
      390 words
Page thumbnail Page 7
Page thumbnail Page 8
Page thumbnail Page 9
Page thumbnail Page 10
Page thumbnail Page 11
  • Page 11 Advertisements
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      43 12 V V* nn rCI ICITIPCCIIHIPC PUMI iraM 111 Ivu Wh KNOW AHA Customer Relations Section Circulation Department 118 I■ Singapore Press Holdings Limited 82 Genting Lane Occupation Fax JsP*JB News Centre Singapore 1334 I Tel: 1800-749 2577 Fax 744 4875 Tel: (O) (H)
      43 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      144 13 El Primero automatic chronograph movement. Non-reflecting sapphire glass. Ik 4 I Water-resistant to 100 m or 50m. ZENITH Abo** 6 Beyond Pte Lid 1 Maritime Square •02-101 Expo Gateway Tel *****42. Cortina Watch Centre Pie Ltd *0136 Raffle* City Shopping Centra Tel *****15 001-32 Lucky PUza Tel *****0 V Del...
      144 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      98 14 i MHRE w_ ■M^ HS aec Mm #WHC«* imh U|#J^^H '>•»•*■ ii:if im Vj^^^H|^^|H>>2l#H|-, Will "> ■^^■Mnra^HMraß^^^H B* ffl "UMbnntw W^ mmm mm i~ m p 37-640 (14* Teletext) M 82-795/9 PV TOP(Nicam Stereo) ST 70-655/8 text (N«cam Stereo) E-72-911 TOP (Nfcam Stereo) -—P (Designed by FA Porsche) II "V'
      98 words
    • Advertisement
      Page 14 Advertisements Column 2
      7 14 «tNTCRPRISt"R"* MANAGEMENT Monday in Business Times r
      7 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      158 15 NEW BALANCE presents the ventuie sewes The MK9O7s offer real running shoe American Classics Collection De- technology. Real running shoe supsigned to take the work out of walk- port and comfort. Just what did you ing. These elegant shoes look better expect from a company that makes when you are
      158 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      22 16 f EYE ON THE TIGERS Nobody covers East Asia like we do. The Region. Everyday. Singapore m Business Times WE KNOW ASIA
      22 words
    • Advertisement
      Page 16 Advertisements Column 2
      85 16 Binn^sTMNnES MildllVv TOPS IN HOME DELIVERY... Find more listings on homes, apartments and condosi TOPS IN WHEELS... IN J085... Employment listings in every field! IN EVERYTHING ELSE... Merchandise, services, holidays, course training and much more! The Straits limes Classified delivers! Looking to find a place to live? Need Transportation? Want
      85 words
    • Advertisement
      Page 16 Advertisements Column 3
      387 16 IN THE MATTER OF THE COMPANIES ACT (CHAPTER 501 AND IN THE MATTER OF SHINE SHINE HOW ENTERPRISE PTE LTD (Incorporated ib Support) (la Mental Voluntary I iq—temp At an Extraordinary General Meeting of the Monben of SHINE SHINE HOW ENTERPRISE PTE LTD cowed and held at 18. Chia Bee
      387 words
Page thumbnail Page 17
  • Executive Lifestyle
    • Article, Illustration
      See you at the movies
      1624 17  -  The cineplex experience is reaching more people in Asia as savvy cinema operators latch onto a winning idea, reports Claire Leow Claire Leow T IS not hard to find the new Fu- ture Park Bangkae in the suburbs of Bangkok. To get there, just tell
      1,624 words
    • STRAWS IN THE WIND
      • Article
        Confused
        37 17 SOMEONE went into a wine shop and asked for "Polly Fused". He was probably told the store did not sell electrocuted parrots. Actually, he wanted some Pouilly-Fuisse, a French wine that's pronounced something like "pwee-yee few-say".
        37 words
      • Article
        Dab hand
        56 17 IS EVERYONE still talking about the World Cup? Some talk show hosts in the US are. For instance, David Letterman opened his show with: "Welcome to the programme. My name is Dave. And now that the US is out of the World Cup, on tonight's show, I will
        56 words
      • Article
        Spanish stir-fry
        89 17 THE World Health Organisation just published a study on regions and countries with the highest rates of heart attack. One news agency reported it this way: "Finnish men and Scottish women top the table while the lowest risks are enjoyed by Chinese men and women from the Spanish
        89 words
    • OPINIONS
      • Article
        Buy out temptation in public service
        771 18  -  Neville Stack wants things arranged so that MPs can do a little legitimate moonlighting with a clear conscience Neville Stack The writer is a political commentator based in London. He writes regularly for BT THE REASON that the British House of Commons keeps such
        771 words
      • Article, Illustration
        Watch the world slowly turn away from meat and alcohol
        950 18  -  Michael Prowse says future generations will reject them in the same spirit in which public opinion now finds cigarettes odious Michael Prowse The writer is a columnist with Financial Times, where this commentary first appeared WITHIN 50 years, people who
        950 words
      • Article, Illustration
        Clinton bungling again in Haiti
        925 18  -  Leon Hadar says Washington should concern itself with more important things Leon Hadar The writer is BT's Washington Correspondent PRESIDENT Bill Clinton returned to Washington from a European trip that was expected to help him polish his foreign policy credentials and highlight US global leadership.
        925 words
      • Article
        Ozone layer: consider other possible causes
        889 18  -  LETTER TO THE EDITOR Sze Yu Kwok I REFER to your two articles on the issue of the hole in the ozone layer, by Sulaiman Noordin and Robert Fincher (BT, June 25-26). To make things simple for the purpose of this letter, we can
        889 words
    • CORPORATE PROFILE
      • Article, Illustration
        Hale, healthy and thriving
        2793 19  -  Fraser and Neave used to be called an old company run by old men. Not now. These days, analysts eye with interest its multi-billion dollar plan to become the region's top food and beverage conglomerate, reports Chuang Peck Ming Asia's corporate giants A fortnightly series Chuang
        2,793 words
      • Article, Illustration
        Lock icon Analysts upbeat about the future
        460 19 THE STOCK market boom sent the price of Fraser and Neave shares soaring to new highs early this year. It peaked in the second week of February at $19.60 per share, then plunged briefly to below $16 in March-April before settling down at around $18
        Source: Bloomberg  -  460 words
    • PERSONAL FINANCE & INVESTMENT
      • BULLS EYE
        • Article, Illustration
          BT SENTIMENT INDEX (July 18-22)
          61 20 Those polled on their views of the Singapore stock market for the week ahead: Baring Securities, Daiwa Securities, G K Goh, Nomura Research Institute, OCBC Investment Research, Ong Co, Peregrine Securities, Phillip Securities, Schroder Securities, Smith New Court, S G Warburg, Standard Chartered Securities, Tat
          61 words
        • Article
          Buy!
          195 20 Nomura Research Institute (July 15) Singapore Shipbuilding Eagifteeriag, Will maintain steady earnings growth in the next two years on back of higher newbuilding Yard's current jobs will fetch better margins with higher, value-added engineering content. UOB Securities (July 15) TIBS. Joint ventures in China to contribute towards bottom line.
          195 words
        • Article
          Trading buy
          42 20 Nomura Research Institute (July 15) Faber. Proxy play on 50 per cent owned Plus, the North-South Expressway toll operator which performed above management expectations. Plus should report a sharp pre-tax earnings jump with much higher traffic volume and toll increases.
          42 words
        • Article
          Subscribe
          86 20 OCBC Investment Research (July 15) Eng Wah. Subscribe/tender at 65 cents. Its FY95 PE of 18x (at a minimum of 65 cents) is not a bargain but compares favourably with 22x market average. Attractive 23.5 per cent share price discount to appraised NTA/share of 85 cents. Note: The broking
          86 words
        • Article, Illustration
          Eye on the region: Malaysia
          124 20 Credit Lyonnais Securities Malaysia The most interesting aspect of the KLSE over the last three weeks is that nothing has happened. It has drifted sideways on lifeless volume following the mid-June surge, when volumes shot up to levels akin to the great bull run of
          124 words
        • Article, Illustration
          In my opinion...
          185 20  -  Paul Schymyck Economist Smith Barney Shearson HG Asia 4 T hailand's stock I market is looking .A. interesting again. Signs are encouraging and point to continued strong economic growth from external and domestic sources of more than 8 per cent in 1994 and 1995. The main impetus
          185 words
      • Article, Illustration
        Lock icon The stock market party might just be about to begin
        706 20  -  Brokers are getting ready to party once the M'sian elections are announced, reports Joyce Quek Joyce Quek U-W" T WILL be par- ty time!" whoops a broI ker, salivating at the thought of a bull run when the Malaysian general
        Source: Compiled by BT  -  706 words
      • Article
        New India fund a good way to get your feet wet
        560 20  -  Shiv Taneja assesses the potential of the Credit Lyonnais' Regional India Fund Shiv Taneja INDIA'S equity markets were Asia's best performers in the six months to June. While most other Asian markets fell, some by as much as 24
        560 words
      • Article
        More to the profits of Chinese H-share firms than meets the eye
        542 20  -  Schutz Lee advises investors to scrutinise their balance sheets instead Schutz Lee LIKE many things in China, what you see may not be what you get. Some of the financial results announced by Chinese companies listed in Hongkong
        542 words
      • Article, Illustration
        Lock icon Good corporate, economic news should buoy S'pore share prices
        657 20  -  jCHARj^ By Najeeb Jarhom The writer is research manager of Fraser Securities SHRINKING volume and poorer breadth figures have been identified with the Singapore stock market in recent weeks, resulting in feeble rallies whereas price falls remained substantial on bad days.
        Source: Fraser Securities  -  657 words
      • Article, Illustration
        Eng Wah's ticket to rejuvenation
        1020 21  -  By Claire Leow CINEMA operator and film distributor Eng Wah Organisation is seeking a main board listing with its initial public ottering of 30 million shares at 65 cents apiece to raise cash to rejuvenate itself. The children of the eponymous founder chairman, also executive
        1,020 words
      • Article
        How a strong Singapore dollar can hurt stocks...
        523 21  -  Paul Leo explains the impact of rising interest rates and a declining greenback on the local bourse Paul Leo IT IS a confusing world we live in, economics-wise, that is. First, we are told that the US economy is improving, which is
        523 words
      • Article, Illustration
        ... but there are beneficiaries too
        311 21 but there are beneficiaries too LIKE consumers, companies heavily in debt, particularly those with many short-term and floating rate loans, will be hurt by interest rate hikes. Those with large cash hoards will benefit from rate increases. Banks automatically spring to mind as possible beneficiaries of rising rates because they
        311 words
      • Article, Illustration
        Singapore Telecom leads the pack in Asia Pacific list
        874 21  -  Paul Leo takes stock of who has made it to the top 25 list as measured by market capitalisation Paul Leo SINGAPORE Telecom has powered ahead of Hongkong-listed HSBC Holdings to become the largest listed company in the Asia Pacific (outside
        874 words
    • Article, Illustration
      Anthropological nightmare
      628 22  -  ChMMM ApNMV By SUSAN TSANG kAPA NUI is the original name for Easter feland, before the white man came and its ethnic rhythms with the religious title. Mind you, even before the *kite man came, the inhabitants of Rapa hftii managed to turn the place into an ecological
      628 words
    • Article, Illustration
      Low comedy at its best
      568 22  -  By WILLIAM CHIK THE CORPORATE formula of popular Hollywood trash like Naked Gun 33t0 is bearable and even amusing if it's uncomplicated and unpretentious. Sure, such movies set out to make more money from you with the same bag of tricks, but they at least
      568 words
    • Article, Illustration
      Lock icon Palau's unforgettable deep blue
      1051 22  -  Travel By ANNA TEO FROM behind, Kwok Peng gave us a little nudge and pointed ahead. In the distance, it looked like a cyclone gathering speed. But there was no mistaking the swirling grey mass. Barracudas hundreds and hundreds of them. A school of some 50
      Photos by Leong Kwok Peng  -  1,051 words
    • Article
      A haven in the Pacific
      284 22 PALAU a chain of some 340 islands located between the Philippines and Guam in the West Pacific is the world's last US trust territory. Come October, the Micronesian archipelago gains independence, a prospect not altogether welcomed by its people. Not all are happy about the
      284 words
    • Article, Illustration
      Lock icon Setting the stage for a mega-musical
      1006 22  -  Jaime Ee meets theatrical producer Garth Drabinsky, who is helping to bring Phantom Of The Opera to Singapore next year Jaime Ee HOW DO YOU tum a clean, safe but culturally sterile city into a vibrant theatrical venue that attracts visitors from all over
      Photo by Chris Loh  -  1,006 words
    • Article, Illustration
      Eye-catching head lines
      519 23  -  r, LILSIU-f LXIMDfuOnS By SUSAN TSANG LAST YEAR, we got to trace the development of Malaysian artist Khoo Sui Ho over 13 years from 1980. Now, we have a chance to appreciate the artist's works done over the past 12 months, in an exhibition now on at
      519 words
    • SPORTS
      • Article
        Lock icon What more can a fan ask from a final?
        730 24 NYT NEW YORK Soccer: Love it or leave it, America. That's really the only message necessary now, from those who love the sport to those new to it who have been watching the 1994 World Cup swirl colourfully around the United
        NYT  -  730 words
      • Article, Illustration
        Lock icon Concert replay touches the right note
        415 24 AFP LOS ANGELES They're back, four years after the original Three Tenors concert brought a touch of class to Italia 90 Luciano Pavarotti, Placido Domingo and Jose Carreras will again link opera with football. Of course, in Italy the link was a natural. When
        AFP; Reuter  -  415 words
      • Article, Illustration
        Lock icon Unfair to compare past, present Brazilian teams
        711 24  -  World Cup Finals By Shahiron Sahari SINGAPORE How many people who sing praises of Brazil's legendary teams of World Cups past have actually watched all of its matches at the 1970 World Cup? How about 1962? 1958? 1950? Sure, we've all seen snippets
        Reuter  -  711 words
      • Article
        Lock icon No rest for the weary as Brazil focuses on Italy
        569 24 NYT FULLERTON, CWlfornia The hotel lobby was,a gauntlet: reporters, television cameramen, autograph seekers. World Cup officials, security guards and understandably curious guests. Technically, the Brazilian players were supposed to have Thursday afternoon off for sightseeing or lounging. The reality was
        NYT  -  569 words
      • Article, Illustration
        Lock icon Jesper Parnevik opens up early two-shot lead in second round
        601 24 Golf British Open AP TURNBERRY, Scotland Swede Jesper Parnevik birdied three of the last four holes yesterday and opened up an early two-shot lead in the second round of the 123 rd British Open Championship. Parnevik, a European Ryder Cup
        AP  -  601 words
      • SPORT SHORTS
        • Article, Illustration
          Baseball
          69 24 NEW YORK Major League on Thursday National: Cincinnati 3 Chicago 4; Montreal 3 SF 8; Pittsburgh 8 Houston 2: Atlanta 3 Florida 5; Colorado 8 St Louis I; LA at Philadelphia, San Diego at New York ppd, rain. American: Chicago 6 Cleveland 3; Kansas City 5 Detroit 2; Minnesota
          69 words
        • Article, Illustration
          Lock icon Golf
          173 24 AFP TURNBERRY. Scotland Nick Faldo, the 1992 British Open champion, looks to have blown his chance or regaining his title after an amazing blunder. The 36-year-old three-time winner of the tournament, played American James McGovem's ball out of the rough off the 17th fairway instead of his own. Faldo's
          AFP  -  173 words
        • Article, Illustration
          Cricket
          55 24 CHESTER-LE-STREET, England South Africa tour match on Thursday: Durham 228 (G Fowler 68, C W Scott 53, B M McMillan 4-47, P S d Villiers 4-80) 301-7 (G Fowler 61. P Bainbridge 50) v South Africa 428-4 dec (G Kirsten 201, A C Hudson 64, K C Wessels 53).
          55 words
        • Article, Illustration
          Lock icon Rugby
          131 24 AP APIA, Western Samoa Western Samoa named 12 members of its 1991 World Cup squad yesterday when it announced a 26-player team to tour Australia later this month. The tour will feature the first test in Australia between the world champion Wallabies and the islanders, who made the quarterfinals
          AP  -  131 words
        • Article, Illustration
          Lock icon Tennis
          125 24 AP ROTTERDAM, Netherlands Asked what surface would favour the Americans in their Davis Cup quarterfinal against the Netherlands, the Dutch team captain was philosophical. "What doesn't suit the Americans?" Stanley Franker asked. The American team, which includes the world's top-ranked player, Pate Sampras, and former No 1 Jim Courier,
          AP  -  125 words
    • TIME OFF
      • Article
        PERFORMANCES
        151 25 Tin Dragon King The NAC and Asia in Theatre Research Circus will present this play based on the mythological story about a scholar who falls in love with the daughter of the Divine King of the Eastern Sea. This performance will be preceded by another short prologue The Register
        151 words
      • Article
        CONCERTS
        203 25 Youth Melodies The People's Association Youth Chinese Orchestra will perform various Chinese melodies. The orchestra will be under the direction of Yeo Puay Hian. Tomorrow, spm at the Victoria Concert Hall. Tickets at $5 are available at Karl Heng Enterprises (Bras Basah Complex), Eason Enterprises (Rochor Centre) and at
        203 words
      • Article
        FILMS
        570 25 The 1994 British Film Festival Some of the finer films to come out of the country that gave us the Beatles, Wimbledon, cricket and the Royal Family scandals. The festival will be held over a 10-day period that includes a Hammer Horror retrospective, a Mike Leigh (Naked) TV package
        570 words
      • Article, Illustration
        EXHIBITIONS
        395 25 Constructions David Meredith, Dean of the Faculty of Communication at Hongkong Polytechnic, will be holding this exhibition of his photographic works. Till July 22, 9am to spm at the Temasek Polytechnic. Admission is free. Luminosity Fauzan Omar, one of Malaysia's most recognised artists will be hosting this month-long exhibition
        395 words
      • Article
        TALKS
        127 25 An Experience in New York Theat reWorks presents Lim Feishen, the 1988 winner of the Singapore Arts Council Cultural Medallion, in her first public talk since returning from New York where she graduated from the University Tisch School of Arts. The talk will focus on her experiences in the
        127 words
      • Article
        MISCELLANEOUS
        717 25 Summer Carnival Specially designed for busy executives who do not have the time to go elsewhere for a good time. This carnival brings it right to the heart of the business district Change Alley. Selected shops in Change Alley will give discounts on their products and artists like Ng
        717 words
      • Article
        AT THE SUBSTATION
        471 25 Departures A mixed media exhibition by Zai Kiining, Lee Wem and Koh Nguang How on the common theme of "Self as Subject". Till tomorrow, I lam to 9pm daily at the Gallery. Scum Me Why I Kiss the Sky This is Necessary Stage production exploring the causes,
        471 words
      • Article
        TICKETING
        124 25  -  Compiled by Christopher Toh Sistic outlets are at Forum Galleria. Liang Court, Raffles City, Scotts, 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, Wisma Atria, Centrepoint and Tangs. Hotline: 269-2929. If
        124 words
    • PEOPLE
      • Article, Illustration
        Lock icon OSi's formula for success
        212 25 CONNECTICUT-based chemical firm OSi Specialties has cut the red ribbon on its new regional headquarters and technical centre. At a recent ceremony at the Regent Hotel, the company celebrated the opening of the centre and the booming regional business for silicon-based specialty chemicals. OSi's chairman and
        Photos by Arthur Lee  -  212 words
    • EPICURE
      • Article, Illustration
        Lock icon Family hospitality
        689 26  -  Bon Appetit By AUDREY PERERA GRANDFATHER'S naans, daugh-ter-in-law's fish, son-in-law's lambstufTed chicken. Sasural's 86-item menu is peppered with names like these, all in keeping with the theme and name of the restaurant. Sasural means "in-law's house" which, in traditional Indian culture, is significant. Before a wedding, everyone congregates
        Photo by Chris Loh  -  689 words
      • Article, Illustration
        Festival of Japanese abalones
        316 26  -  By SUSAN TSANG WITH everything, it seems, getting rarer by the day, fans of the Amidori Dried Abalone had better make the best of their last chance to eat that delicacy. Local diners can be assured that the abalones are not in danger of extinction yet.
        316 words
      • Article
        Shark's fin that won't disappoint
        241 26  -  By DEXTER LEE IF YOU'RE looking for superior shark's fin that tastes heavenly, make your way to Taikan-En. The restaurant is serving kon-lou shark's fin, boiled with wolfberries and chicken, with the soup served separately. The shark's fin dish, called simply Superior Delicacy, was the
        241 words
      • Article
        The best of Bordeaux '85
        764 26  -  Wine By N K YONG COMING after -a disappointing 1984, the 1985 clarets were very highly rated, perhaps too highly, and just as highlypriced when they were released. Almost 10 years on, this vintage, like the 1983, has been overshadowed by the miracle trio of
        764 words
    • Article, Illustration
      CINEMA
      1002 28 Against The Wad. Re-enactment of the events that led to riots in Attica prison in 1971. R(A). Lido: 11.15; 1.45; 9.30. Prince: 11; 1.30; 4; 6.30; 9. Midnight tonight at Yangtze. Airborne. Teen movie about rollerblading in Cincinnati. Yishun: 11.10; 3.15. Backbeat Story of the "fifth Beatle" Stu Sutcliffe,
      1,002 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      80 17 insn 24-hour "Loan Information Service Approval" 1800 334 3588 1800 3 3 1 3688 Dr <- ->^ 1 H II F^ A IW J CKm^r Rfl V v fl M V m r W m m f pE Available at ,^^^^^K l Jlßcotts Road #01 -16 Scoffs Shopping Centre Singapore
      80 words
Page thumbnail Page 18
  • Page 18 Advertisements
  • Page 18 Miscellaneous
    • Miscellaneous
      Page 18 Miscellaneous Column 1
      81 18 MND^SOU—"TxEfX DON'i -min< i'p rm looking fo<? sore\ I Fun ,GRr>nes P>«D J J V £^i^r &HT F r>fr —<.— \jgpgg- X I SP*u) TMern■•• QvmHP IP V rf\ JjjjCJ^L STRQLL I »AtsooATTO«wiwwmlto,imi-hx 6P DOONESBURY GARRY TRUDEAU WO &S6 MOULD BR&AKTHB W my metes, kcbntly I sKxroFtmstA* m grape rrseASf-M
      81 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
      41 23 4 I#open tuesday-sunday, Bpm-3am J happy hour: Bpm-10pm i cover charge: (I S1 8 weekdays, $25 weekends f A (incl 1 drink nnd entry into Zouk) >yvj I minimum nqe of entr/ i«* 21...dr05s «*n-»«rt ■ff-M zouk club velvet underground I
      41 words
Page thumbnail Page 24
Page thumbnail Page 25
  • Page 25 Advertisements
    • Advertisement
      Page 25 Advertisements Column 1
      154 25 El Primero automatic chronograph movement I KH -»V jj -Jlr Water-resistant to 100 m or 50m. A WBBEMSmBF. Exclusively at: &ySJT. C Above Beyond Pte Ltd 1 Maritime Square *02-101 Expo Gateway Tel *****42. Cortina Watch Centre Pte Ltd *01-36 Raffle* City Shopping Centre Te*****1«5. *01-32 Lucky PtazaTel *****84 Deluxe
      154 words
Page thumbnail Page 26
  • Page 26 Advertisements
    • Advertisement
      Page 26 Advertisements Column 1
      20 26 i PORTSHOTS The latest in sea, air and land transportation. Shipping Times. Monday to Friday. \««Miatit m Business Times mammAm
      20 words
    • Advertisement
      Page 26 Advertisements Column 2
      57 26 P| If only my boss would I Osspcnd -bo these ads... A |T Any job. Any Career. Available any Day. Any T,ME Anywhere. 'M The Straits Times The Sunday Times Business Times 1 I J The New Paper Lianhe Zaobao Lianhe Wanbao —Jh*-— Shin Min Oaily news Berita Marian Serita
      57 words
Page thumbnail Page 27
  • Page 27 Advertisements
    • Advertisement
      Page 27 Advertisements Column 1
      632 27 P Nothing Beats A Bud, 'FRESH .PASTA bAI LY. p From Potto Frosea. Tho only rostaorant to maka its own spociolty pasta. Frosh, •voryday. Savour porfoct pizza, groat golati and torrtfk: tiramisu. All toppod with Italian hospitality. Pasta Fr**ca Oo Satvotw P*a Ltd 30 800 l Quay. 5)***** (Op«n 24
      632 words
    • Advertisement
      Page 27 Advertisements Column 2
      278 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. •$11.50 (adult) ;/T 8.00 (child) Karaoke Hi-T>a
      278 words
    • Advertisement
      Page 27 Advertisements Column 3
      415 27 ra r rr =-1^ fancy (Beijing? Then, we're delighted to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian j(in Beijing dumplings, a selection Ildl/yi of set menus, and Beijing specialities nffi/Y such as 'Beijing Qucfi, Bafyd Tench and BfSf UariHaui Lamt.
      415 words
Page thumbnail Page 28
  • Page 28 Miscellaneous
    • Miscellaneous
      Page 28 Miscellaneous Column 1
      2530 28 TODAY'S TV ■rTTrVnrTTTH 6.00 The Miriam Stopp»rd iHM 7.00 News (M). Health 1 Beauty Show. 8.00 Hetty (M). 6.30 Floyd ea Italy. 9.00 CNN. Far Keeps, 2pm, S8C 5 Superstars Of Action, 4.30pm, 7.00 Today in France (See Our 10.00 Good Morning Malaysia. Molly Ringwald and Randall S8C5 jioSrttaiJ.Mi K
      2,530 words