The Business Times, 1 October 1994
1994-10-01
1
28
https://www.nlb.gov.sg
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The Business Times
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Title Section15 1994-10-01 1 SINGAPORE Business Times WE KNOW ASIA MITA (P) 010/12/93 Weekend Edition, October 1-2 1994 75*15 words
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583 1994-10-01 1 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE The interim earnings of Singapore's publicly listed companies surged by an average of 30 per cent in the first half. A BT analysis of the results of 136 companies whose half-year ended on June 31 found that583 words
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Article, Illustration329 1994-10-01 1 Catherine Ong - By Catherine Ong SINGAPORE Stock market fever is raging in Singapore, judging by the crowd on the first day of Investment Fair '94. More than 11,000 people showed up at RafTles City yesterday, hours after the threeday event organisedPhoto by Yow Yun Woh - 329 words
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Article348 1994-10-01 1 Bloomberg Business News Reuter KUALA LUMPUR A local newspaper said that yesterday would be the day Malaysia's central bank would tighten the money supply which would raise interest rates, reduce bank lending and probably hurt the stock market. The central bank didn't. Instead, Malaysia's topBloomberg Business News; Reuter - 348 words
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212 1994-10-01 1 SINGAPORE Share prices around the region closed mixed yesterday, with Singapore and Hongkong shares posting the biggest reaction to a 24-point overnight fall by the Dow Jones Industrial Average. The Straits Times Industrials Index spent the whole day in negative territory212 words
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Article53 1994-10-01 1 AS A RESULT of a type-set-ting error, we carried the wrong KLSE and Clob share prices in yesterday's BT. Instead of giving Thursday's closing prices, we repeated Wednesday's prices. We are sorry for the error. We thank readers who took the trouble to call us to point53 words
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457 1994-10-01 1 Lee Han Shih - By Lee Han Shih SINGAPORE Samta group's takeover of listed Apollo Enterprises Ltd has hit a snag following an unusual decision by the Stock Exchange of Singapore (SES) to delay listing the 51.68 million new Apollo shares recently issued to Samta. This is457 words
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71 1994-10-01 1 Reuter NEW YORK Blue-chip stocks rose yesterday, initially on a Japanese news report of a partial trade deal between the US and Japan, although top trade officials denied the report. At 2pm EDT, the Dow Jones Industrial Average was up 15.81 points atReuter - 71 words
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41 1994-10-01 1 Reuter PARIS The 25-member countries of the OECD have agreed to appoint Swedish ambassador Staffan Sohlman to the economic think-tank as interim head until they can agree on a new secretary-general, diplomats said. ReuterReuter - 41 words
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Article164 1994-10-01 1 Stack wM liltn Friday Cheat* STII 2,***** -16.27 KLSEComp. 1,129.76 -3.92 Nikkei I9.563.S1 -51.31 Hang Sen( 9,521.24 -I7S.97 SET Index.... 1,415.71 +3.59 Jakarta Corap 497.97 +0.73 CLSA China B ....1,200.34 -3.75 AustAllOnl 2,028.7 -1.9 FTSE 100 3,026.3 +33.8 W-l-i > r noiT rrr▼tool 2 pa EOT dwc Dow Jones 3,870.44164 words
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57 1994-10-01 1 Reuter TURKU, Finland Searchers have found the wreck of the sunken ferry Estonia off the coast of Finland, sea rescue officials said yesterday. "At 1540 GMT, it was located," Raimo Tiilikainen, head of the rescue operation, told a news conference, adding that a robotReuter - 57 words
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Page 1 Advertisements
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Advertisement30 1994-10-01 1 Investing in race horses: el i The basic economics Interim results suggest stock market will stay on an even keel, Pg 8 Good times ahead for property companies, Pg 930 words
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Advertisement29 1994-10-01 1 Fund management: el 4 The Big Bang Hock Lock Siew: Know your investments, Pg 6 The difference between investing and gambling, ELS Jardine seeks OHQ status here, Pg 629 words
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Advertisement55 1994-10-01 1 Regional markets, Pg 12-16 Eye on the^haze 123 PSI From 9pm on Thursday to 9pm yesterday pafeto* -Mm Mr Good; Mto I** Hodwto 1M to WtfwMV* JM to M* VmyiDhoMhr;Mttt§4lHauntous Haze daze Have you some clever idea for coping tyith the haze? Tell us about it and win a prize.55 words
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Advertisement64 1994-10-01 1 Hock Lock Siew: Pg lif Know your investments Asia's Corporate Giants: el 3 0/ kL Wfl//5 jM Trade talk, Pg 4 OECD suspends meeting, Pg 5 111 8 IT *****1 "*****2 i Quite simply the Royal Oak. if 4UDEMARS PIGUET The master watchmakers. Regional Agent: AUDEMARS PIGUET SINGAPORE PRIVATE LIMITED64 words
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Advertisement39 1994-10-01 1 CaapMlw S"por* News 2 S pore-Wat (7 teroiMi tew 3.4 Franc* 10 World News 4.5 Futon Mariwb Opnons £12 Ctt/KLSt. SES 14-1 C f JL4.5 tap* 12 Reviews EL&7 Wort* 12 Sports ELS Currracs II TV/R«*o ai2 Sma/Corano 1139 words
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SINGAPORE NEWS
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NEWS ROUNDUP
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112 1994-10-01 2 SINGAPORE closed its door to Indian workers as of yesterday in a bid to prevent the spread of the pneumonic plague. A special task force said the move was necessary, until further notice, as it was difficult to ascertain which part of India a112 words
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Article105 1994-10-01 2 THE chairman of the Singapore Institute of Standards and Industrial Research (Sisir), Quek Poh Huat, ended his term of service yesterday. He has served as chairman since Oct 1, 1985. Ho Ching, president of Singapore Technologies Ventures, replaces him. Ms Ho has been serving on the105 words
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Article76 1994-10-01 2 ZULKIFLI Mohammed, MP for Jalan Besar GRC and deputy director of the NTUC Research Unit, yesterday called upon shipyard management to incorporate heavy penalties into contracts with maritime contractors and sub-contractors who contravene safety rules. Speaking at a seminar on shipyard safety audits, Mr76 words
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Article53 1994-10-01 2 EXCURSION buses will be available, from Monday, for hire on a monthly contract basis as transportation for workers and students. To date, the excursion buses were only for tours and sightseeing. Th£ Registry of Vehicles says the new arrangement will help bus operators improve use53 words
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Article, Illustration465 1994-10-01 2 Catherine Ong - By Catherine Ong SINGAPORE Broadcasting Corp tunes itself out from today, after 14 years in operation as a statutory board. In its place, Singapore International Media Pte Ltd (SIM) will become the holding company for four subsidiaries which arePhoto by Steven Lee of The Straits Times - 465 words
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369 1994-10-01 2 Abdul Hadhi - By Abdul Hadhi SINGAPORE The Urban Redevelopment Authority yesterday released figures showing a further 13,159 nonlanded units will be developed in the Katong/East Coast area. The total includes 3,054 already planned or under construction. A further 10,105 will come from future sales of369 words
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335 1994-10-01 2 Juliette Walker - By Juliette Walker THE cost of living for expatriates edged up 4 per cent here in the past year, due mainly to rising education, health, entertainment, alcohol and tobacco prices. Prices rose 4.2 per cent in the previous period.335 words
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329 1994-10-01 2 FORMER national footballer Michal Vana yesterday joined the police's wanted list after failing to appear in court to face corruption charges. District judge S Thyagarajan issued a warrant of arrest for Vana after the Czech national's lawyer and bailor failed to contact329 words
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175 1994-10-01 2 THE Labour Ministry last night announced changes in factory regulations to promote greater safety and health protection for workers in the construction industry. These changes will take effect today. The more important amendments are: Contractors undertaking any project under a contract worth $5175 words
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Page 2 Advertisements
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Advertisement348 1994-10-01 2 Our Restaurant is honoured to cater for a nuy or organisation with 220> tables \%y. V,• ;y at Harbour Pavilion WTC -of Yunnan Garden Restaurant IMM j |y have also been fully booked for wedding banquet. j\ 'V j I If 'V '7fUHH€IK (fandeH, 7£e4ta€ik*Ht > 2, Jufong East Street348 words
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Page 2 Miscellaneous
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Miscellaneous185 1994-10-01 2 lUie Pec* M/le* C«1 Earape Nt/U* Cead. Buenos Mm 22/12 aoudy AucMard 17/10 Cloud* Amsterdam 16/10 Cloud* Chcaso 2IA» Sumy Bang«* 34/27 Showers Athens 28/18 Sum* HonofcJu 33/22 Ooud* Be*nf 34/12 Showers Benin 14/06 Cloudy Houston 32/14 TStorm Bombay 32/25 Sumy Bonn I6A» Cloudy La* Vega 34/17 Shown Bui* 33/26185 words
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Miscellaneous272 1994-10-01 2 1 Contented, by 10.51 to have bloomers (8) j around a of square P 10 Overture to get through (4) 13 Do they take bread only half of 15 Teased about being slow-mov- p3 I I I I 16 Wine seen in East Italy is really IfllMfl H IiHV from272 words
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THE REGION
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437 1994-10-01 3 Reuter BEIJING An unwelcome surge in capital construction that is threatening to derail China's attempt to curb inflation stems from the nation's unreformed banking system and a lack of investment risks, economists said yesterday. They said this chronic ailment was a majorReuter - 437 words
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291 1994-10-01 3 Reuter TOKYO Matsushita Communication Industrial Co Ltd and more than 10 other electronic and telecommunications companies are discussing a joint venture to develop a wireless personal digital assistant capable of sending and transmitting video images, a company spokesman said yesterday. Discussions are stillReuter - 291 words
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486 1994-10-01 3 Shada Islam - From Shada Islam in BRUSSELS SINGAPORE'S exports of colour television sets to the European Union face a provisional anti-dumping duty ranging from 3.7 to 13.1 per cent as of today, the European Commission said yesterday. The provisional duties cover exports of486 words
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324 1994-10-01 3 Bloomberg Business News SHANGHAI Shanghai shares slumped for a second day amid various economic concerns and persistent rumours about the health of veteran leader Deng Xiaoping. In early afternoon trading yesterday, the official "A" share index fell below 800 points, downBloomberg Business News - 324 words
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NOTEBOOK
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82 1994-10-01 3 Eastern Express HONGKONG China is reportedly forming a committee of powerful communist cadres who'll effectively rule Hongkong after 1997. Sources revealed that cadres in line for committee posts include Chen Ziying, the deputy director of the Hong Kong and Macau Affairs Office, and ZhouEastern Express - 82 words
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63 1994-10-01 3 Reuter HONGKONG The Hongkong government eased the "one building" rule to allow foreign banks licensed in or after 1978 to establish a regional office and one back office in a building separate from its branch office. When the moratorium on new licences was lifted inReuter - 63 words
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69 1994-10-01 3 AFP RANGOON The head of Burma's ruling junta has called for the privatisation of state enterprises to encourage private investment and boost production. General Than Shwe told the Special Projects Implementation Committee on Thursday that the government should gradually privatise state enterprises and transfer themAFP - 69 words
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63 1994-10-01 3 AFP TOKYO Prime Minister Tomiichi Murayama faced an opposition parliamentary boycott yesterday at the opening of a 65-day session aimed at pushing through taxation and electoral reform bills. A total of 181 opposition party members did not show up after failing to agree with the rulingAFP - 63 words
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55 1994-10-01 3 AFP HANOI Vietnamese will introduce regulations to back up its decision to restrict the use of foreign currency, reports said yesterday. From today all foreign currency earned by companies must be deposited in authorised bank accounts and most of the money will have to beAFP - 55 words
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289 1994-10-01 3 JAKARTA Afler a long debate, the Indonesian Chamber of Commerce and Industry (Kadin) and the ruling Golkar party have decided to set up a guarantee fund early next year to spur the growth of small businesses, according to The Jakarta Post. The289 words
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Article, Illustration31 1994-10-01 3 Reuter BEIJING An elderly Chinese man passing a stvrofoam dragon sculpture in Tiananmen Square yesterday, which will bfe» the centrepiece of the 45th National Day celebrations today. ReuterReuter - 31 words
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Page 3 Advertisements
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Advertisement133 1994-10-01 3 Be Smart That's you Check what we have to offer before X" i|\| you make your decision. Especially if you're considering an Endowment Plan under the M Enhanced a Investment Doom or Sk Scheme f Stock* Storm High Risk, High Return j The Asia Life CPF Enhanced Investment Scheme j133 words
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REGION/WORLD
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509 1994-10-01 4 Reuter AFP WASHINGTON US-Japan trade negotiators have yet to reach an agreement on Japan's government procurement sector, its foreign minister Yohei Kono said yesterday. Asked if there was an agreement on the procurement sector, Mr Kono told reporters on his arrival in Washington:Reuter; AFP - 509 words
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Article, Illustration369 1994-10-01 4 Reuter Reuter BOMBAY Air India said it stands to lose more than 50 per cent of its global passenger traffic because of a ban on its flights to the lucrative sixmember Gulf Cooperation Council (GCC) states. All six members ofReuter - 369 words
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Article1469 1994-10-01 4 "3 ETA Fl» ETD_ City Flight IT* FhgW ETP GA976 0010 Hawtzhoa MI931 2015 MI932 0905 RJ187 0100 Hart VN741 1310 SQ176 1130 Aantardan SQ25 0630 KL838 0001 SQ175 1855 VN740 1410 KL837 1550 SQ324 2345 Hatyai TG408 0820 GA890 0025 MI895 2300 MI896 1920 tecMaad1,469 words
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230 1994-10-01 4 AFP WASHINGTON Personal income in the United States rose 0.4 per cent and personal spending jumped 0.9 per cent in August, the Commerce Department said yesterday. August's income rise was slightly lower than the 0.5 per cent increase inAFP - 230 words
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108 1994-10-01 4 AP KUALA LUMPUR Malaysia grounded all light planes and helicopters yesterday because of poor visibility from the thick haze that has enveloped the country. The length of the flight suspension will depend on the daily haze situation, Nordin Saad, traffic control director ofAP - 108 words
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400 1994-10-01 4 AFP Reuter PORT-AU-PRINCE At least two people were killed in central Port-au-Prince yesterday in clashes between supporters and opponents of exiled president Jean-Bertrand Aristide, AFP journalists on the scene said. One man was apparently beaten to death by the pro-Ar-istide crowd whoAFP; Reuter - 400 words
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425 1994-10-01 4 Eastern Express HONGKONG China has agreed to new regulations to ensure foreign shipping companies get paid on time after its national carrier ran into serious cash flow problems. The country has also begun blacklisting mainland exporters who have an abysmalEastern Express - 425 words
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287 1994-10-01 4 Reuter Bloomberg Business News ZURICH The Union Bank of Switzerland (ÜBS) said yesterday a recent surge in buying of its shares by investment banker Martin Ebner, who wanted to force Switzerland's largest bank to change strategy, triggered a proposal for a new share structure. ÜBSReuter; Bloomberg Business News - 287 words
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Article, Illustration356 1994-10-01 4 AP MADRID Gashing views of where to take the world's economic institutions surfaced yesterday in a dress rehearsal of meetings next week of the International Monetary Fund and World Bank. Hans Tietmeyer, president of Germany's central bank, the Bundesbank, saidAP - 356 words
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406 1994-10-01 5 Reuter WASHINGTON Senate leaders have agreed to vote in early December on a new Gatt trade treaty, having failed to persuade South Carolina Senator Ernest Hollings to end delaying tactics blocking pre-elec-tion debate on the measure. "We now haveReuter - 406 words
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274 1994-10-01 5 Reuter PARIS Ambassadors of the 25 rich nations of the Organisation for Economic Cooperation and Development (OECD) suspended a vital meeting after talks into yesterday's early hours failed to break a deadlock over who should head their economic think-tank. The ambassadors, whoReuter - 274 words
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276 1994-10-01 5 Bloomberg Business News WASHINGTON The Federal Communications Commission will allow participants in its next auction of the airwaves to bid electronically from anywhere in the country. When the auction for regional "narrowband" licences to offer advanced paging and messaging services beginsBloomberg Business News - 276 words
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Article, Illustration325 1994-10-01 5 Reuter SEATTLE Russian President Boris Yeltsin has called for the creation of a vast free trade zone between the United States and Russia as he worked to drum up investment during a visit to the Pacific Northwest. Arriving in Seattle on Thursday afterReuter - 325 words
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WORLD WATCH
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146 1994-10-01 5 Bloomberg Business News BRUSSELS European Union officials on Thursday mildly rebuffed Japanese demands to increase the 1994 quota on Japanese car exports to the EU, and said a decision on 1995 levels won't come until next spring. The EU and officials of Japan'sBloomberg Business News - 146 words
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90 1994-10-01 5 Reuter UNITED NATIONS The foreign ministers of Israel and Brunei met for the first time on Thursday to discuss future political ties between their states. Prince Mohamad Bolkiah of Brunei told Israeli Foreign Minister Shimon Peres he was encouraged by the Middle East peace process.Reuter - 90 words
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Article104 1994-10-01 5 AFP JERUSALEM The Israeli secret service Mossad killed British tycoon Robert Maxwell after he tried to blackmail them, according to a new book written by a former agent. Maxwell fell overboard from his yacht oft" the Canary Islands in late 1991 as his financial empire crumbled.AFP - 104 words
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92 1994-10-01 5 Los Anglese Times WASHINGTON Reviving a long-dormant reform issue in the waning days of Congress, the House on Thursday approved a Bill to ban lobbyists from giving free meals, travel and entertainment to members of Congress and their staff aides. The measure, which facesLos Anglese Times - 92 words
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Article87 1994-10-01 5 Reuter WASHINGTON The US Congress on Thursday approved a U*****.6 billion (*****.5 billion) defence spending Bill for the fiscal year starting today and sent it to President Bill Ginton for signature into law. The House of Representatives passed the Bill by a 327-86 vote andReuter - 87 words
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63 1994-10-01 5 Reuter LONDON German Chancellor Helmut Kohl said yesterday that Germany was the motor of European unity but he insisted he did not want to relegate any European Union members to the second row. "We all need Europe but Germans need it most ofReuter - 63 words
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SHIPS IN PORT
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Article571 1994-10-01 5 Vessel <oy Wo Berth AnWal ttepartw* Vessel fay Wo Berth Vmal Dgrtw ferMC Pact sm Tom ***** P02 along** 0210/2300 ASl 15/8 01/94 J13 alongside 01 10/2300 Sumbef Map *****6 POM 01 10/2300 Batam Banagia 09/07/94 11 *>n&& 01 10/2300 Thai Ho 1 98/94 P04 a**Y«de 01571 words
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Article1445 1994-10-01 5 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO RECEIVING OF EXPORT FCl CONTAINERS AND LCL CARGO Record Booking Balance Rslts Ship Voy No Etb/Btr Period From To From 057* 01/1500 M 30/1500 30/1(59 30/1900 18 30/1500 30/ 1<S9 30/1900 to* 206* 02/0500 IB 30/1500 30/1659 30/1900 01/1200 01/14591,445 words
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COMPANIES & MARKETS
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428 1994-10-01 6 Agnes Chen - By Agnes Chen SINGAPORE Malaysian company North Borneo Timbers is on the verge of securing 160,000 ha of forest concessions in Sabah, with the right to extract commercial timber for 100 years. The deal will cost the company MS3OO million (S$428 words
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Article, Illustration490 1994-10-01 6 Catherine Ong - Morrison says Singapore to be focal point for South-east Asian business By Catherine Ong SINGAPORE Jardine Matheson Holdings is applying for operational headquarters status here but top management will still be based in Hongkong, managing director Alasdair Morrison490 words
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401 1994-10-01 6 Schutz Lee - From Schutz Lee in ZHENGZHOU, HENAN RECENTLY listed Transpac Industrial Holdings has signed preliminary agreements with two Henan companies for separate manufacturing projects here. The first is to set up a new joint venture to make gelatin and gelatin capsules for the pharmaceutical401 words
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Article, Illustration726 1994-10-01 6 Amy Balan - Know your investments and use that precious CPF money wisely HOCK LOCK SiEW By Amy Balan SINGAPORE Call it impeccable timing or prescience. The Stock Exchange of Singapore (SES) seems to hit it right whenever it comes to staging its periodic investment fair. What better time is there for anSource: Bloomberg - 726 words
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342 1994-10-01 6 Michelle Low - By Michelle Low SINGAPORE Sesdaq aspirant Meiban Plastic yesterday launched an initial public offer of 18.5 million shares. The offer, which represents about 30 per cent of the company's enlarged capital of 61.7 million shares, comprises a fixed-price tranche of 13.9 million units342 words
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211 1994-10-01 6 SINGAPORE Sesdaq-listed Electro Magnetics (1992) yesterday turned in a group net loss of $6.4 million for the six months to June 30. The interim figure plunged the video tape maker further into the red after a $5.1 million loss in211 words
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207 1994-10-01 6 KUALA LUMPUR Econstates Bhd plans to buy a further 20 per cent stake in Kelang Multi Terminal Holdings Sdn Bhd (KMT), bringing its interest in the company to 80 per cent. The acquisition of the additional interest, comprising 20 million shares, will207 words
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Article137 1994-10-01 6 Bernama SINGAPORE Telecom has appointed Brigadier-General Lee Hsien Yang as deputy president. The appointment to the new post takes effect today, and BG Lee will concurrently hold the position of executive vice-president Lee (local services). As deputy president. BG Lee will report to the group's presidentBernama - 137 words
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EYE on your STOCKS
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Article19 1994-10-01 6 For next week's expected market sentiment, see BT Sentiment Index on EL4 (Personal Finance A Investment section)19 words
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Article, Illustration132 1994-10-01 6 Quak Hiang Whai - -By Quak Hiang Whai Samanda Holdings has lost about $2 from nearly $8 within a few sessions. The stock started to collapse when the daily RSI reached almost the maximum level of 100. But the daily RSI has now turned around after dropping sharply, while the price line132 words
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Article514 1994-10-01 6 M—ftn* prktt Oct I St 3 Mcndaki Gr Fund 1.19 l.22id£ SMffMtfi liflVt Tntct Cr F und 0.98 I -02 Vlwl 1 I W»l a iy» a ||-4 |U The Commerce 1.69 1.79 UMB MtVCSt lUp Ltfl The Savings Fund 1.63 1.72 Unifund 1.55 1.61 S pore Prog Fund 0.65514 words
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282 1994-10-01 6 SINGAPORE Delays in the award and start-up of infrastructure projects dragged down the results of developer Ipco International for the year ended June. The group reported net earnings of $3.97 million, just over a third of the previous year's $11.72 million. Turnover282 words
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COMPANIES
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333 1994-10-01 7 Ho Kay Tat - From Ho Kay Tat in KUALA LUMPUR THE Kuala Lumpur Stock Exchange has turned down Kuala Lumpur Industries Holdings' request to resume trading of its shares, suspended since Monday. Sources said yesterday the KLSE was unhappy with "inadequate" disclosure by the company regarding333 words
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Article, Illustration390 1994-10-01 7 Ho Kay Tat - From Ho Kay Tat in KUALA LUMPUR RENONG Bhd, which controls both United Engineers (M) Bhd (UEM) and Faber Group Bhd, has defended a proposal to sell Faber's 50 per cent interest in Malaysia's leading toll operator to UEM a390 words
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283 1994-10-01 7 Bloomberg Business News MANILA Wing Tiek Holdings Bhd of Malaysia has agreed to buy up to 95 per cent of the financially ailing National Steel Corp of the Philippines, ending the government's two-year search for a suitor. TradeBloomberg Business News - 283 words
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260 1994-10-01 7 Bernama KUALA LUMPUR Khazanah Holdings Bhd's chief executive officer, Mohd Sheriff Mohd Kassim, is tipped to be the new chairman of Chemical Company of Malaysia Bhd (CCM) upon completion of the latter's management buy-out exercise, sources said yesterday. They added thatBernama - 260 words
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92 1994-10-01 7 SINGAPORE Food and paper trading group Inno-Pacific Holdings yesterday disclosed that two of its non-executive directors had sold their 9.18 million shares in the company. Inno-Pac said George Ting and Ishak bin Ismail, who were deemed to have an interest in the shares through92 words
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Article64 1994-10-01 7 SINGAPORE Hwa Tat Lee Manufacturing, a wholly owned subsidiary of Hwa Tat Lee Holdings, has appointed Tay Kheng Hee as corporate director from today. Mr Tay, formerly a corporate banker with Standard Chartered Bank for 10 years, will oversee the company's corporate and64 words
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Article62 1994-10-01 7 Bernama KUALA LUMPUR PJ Development Holdings Bhd, which has three construction projects worth Ms4o million (SssB million) at hand, expects to secure another three projects worth about Msloo million by the end of this year, chairman Dzulkarnain Shafiee said. He said these projectsBernama - 62 words
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Article57 1994-10-01 7 SINGAPORE Sunshine Allied Investments has reported a group net loss of $1.8 million for the half-year ended June 1994. In the same period last year, it made a net profit of $499,000. At half-time this year, it chalked up group turnover of $41.1 million, down 2.657 words
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Article43 1994-10-01 7 SINGAPORE ANA Hotels has announced a 28 per cent rise in net profit to $1.34 million for the half-year ended June 1994. Turnover rose by 2.3 per cent to $18.2 million. No interim dividend was declared.43 words
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177 1994-10-01 7 Bernama KUALA LUMPUR United Merchant Group Bhd (UMG) has entered into an agreement to acquire an additional 3.9 million shares representing 3.5 per cent equity interest in Ban Hin Lee Bank Bhd (BHL) from Syed Zaid Albar SyedBernama - 177 words
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961 1994-10-01 8 Agnes Chen - By Agnes Chen SINGAPORE Is the glass half-empty or half-full? Halftime corporate earnings figures have left analysts with a ho-hum feeling, compared to the euphoria earlier this year which gave rise to predictions of 20-plus per cent growth for961 words
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3079 1994-10-01 8 1 Spore Telecom Sep 93 596.00 501.80 18.8 1529.50 1344.00 13.8 3.91 3.29 18.8 2 SIA Sep 93 391.30 446.80 -12.4 3035.40 2753.00 10.3 30.5 34.8 -12.4 3 UOB Jun 94 282.51 211.53 33.6 726.61 563.10 29.0 40.2 30.7 30.9 4 DBS Jun 94 234.333,079 words
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Article, Illustration785 1994-10-01 9 Lee Han Shih - By Lee Han Shih SINGAPORE Judging by the interim results released over the past two months, Singapore's listed property companies are heading for their best year ever. A BT study of a dozen property counters showed that their total interim net earnings (profit after785 words
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FINANCE & COMMODITIES
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Article, Illustration499 1994-10-01 10 DBS Bank weekly currency review USVmark: 1.5310-1.5625 holds Directionless trading for US$/mark was seen for the most part of this week as the unit ranged between 1.5375 and 1.5575 and was seen around 1.5490 early yesterday. The US$ is currently within a broader range499 words
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80 1994-10-01 10 AFP LUXEMBOURG A committee representing 250,000 creditors with the failed Bank of Credit and Commerce International (BCCI) has approved a new compensation scheme proposed by the emirate of Abu Dhabi, BCCI's majority shareholder, a bank liquidator said on Thursday. "The reimbursement plan can now beAFP - 80 words
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80 1994-10-01 10 Reuter TOKYO Japan has licensed six firms to act as investment advisers for commodity funds, a move which will likely help boost investment in domestic commodity futures, government officials said yesterday. The commodity trading adviser licences, the first to be issued, were given jointly byReuter - 80 words
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90 1994-10-01 10 Bloomberg Business News LONDON In a move out of the UK general insurance business, the UK subsidiary of Netherlands Aegon NV has entered into an agreement to sell some of its UK offices to the Independent Insurance group for a total of £600,000Bloomberg Business News - 90 words
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45 1994-10-01 10 Bloomberg Business News PARIS The International Energy Association will launch an investigation into allegations that Japan's oil market is closed to foreign companies, at the end of this year, the Nihon Keizai newspaper said on Thursday. Bloomberg Business NewsBloomberg Business News - 45 words
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338 1994-10-01 10 Quak Hiang Whai - By Quak Hiang Whai SINGAPORE DBS Bank will today transfer its Singapore government securities (SGS) primary dealership licence from its merchant banking subsidiary to the parent bank. Tan Mong Tong, managing director of NDC Merchant Bank, will also be moved to the338 words
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440 1994-10-01 10 Reuter KUALA LUMPUR Malaysia's long-standing plan to have foreign banks incorporate locally was smoothly completed yesterday when German bank Deutsche Bank AG became the last bank to meet the Sep 30 deadline. Deutsche Bank AG, the only German bank among theReuter - 440 words
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344 1994-10-01 10 NST KUALA LUMPUR Bank Negara. currently supervising the creation of a comprehensive non-cash National Payment System by the banking industry, foresees the introduction of prepaid cards in retail and service outlets. So far, prepaid cards or stored value cards are used inNST - 344 words
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Article, Illustration1371 1994-10-01 10 Irajf-Hnxhted index cakulainl asainu S'porr'% lop 14 tradinf pannm Bast yrar 1985 US$/S$ forward rates Noon Sep 30 S$ BU Oder 1-month ***** 1 48)4 2-month 1.4807 ***** J-monlh 1.479} ***** 6-month ***** 1.4778 Source: OCBC FOREIGN CURRENCY NOTE RATES As at taa Siigifon dollars to oae mil of fordta1,371 words
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291 1994-10-01 10 ENERGY REPORT Reuter LONDON World oil prices rallied yesterday on demand for North Sea oil and continued disruption of petrol exports from Brazil. World benchmark Brent Blend futures for November traded up to US$l7.OO per barrel yesterday afternoon, 26 cents above Wednesday'sReuter - 291 words
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Article192 1994-10-01 10 Bloomberg Business News LONDON The dollar rose against the yen and Deutsche mark after Japanese news reports said the US and Japan had reached a partial eleventhhour agreement in talks aimed at balancing trade between the two nations. The dollar traded in a narrow range for most of theBloomberg Business News - 192 words
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Article94 1994-10-01 10 Reuter NEW YORK The dollar was higher at midday but off session highs as it stabilised after a Japanese news service was said to have reported an agreement between the US and Japan on government procurement. At midday, the dollar traded at 1.5505/10 marks, up from 1.5475/85 marksReuter - 94 words
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COMMODITIES & FUTURES
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1291 1994-10-01 11 SIMEX REPORT Reuter SINGAPORE Simex Euroyen were firmer and Eurodollar futures steady at close, dealers said. Euroyen firmed in the afternoon session on pre-weekend short covering but overall sentiment was slightly bearish following the strong Japanese industrial production numbers on Thursday. "The market is a bitReuter - 1,291 words
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654 1994-10-01 11 COMMODITY REPORTS KL Tin TIN eased one sen to close at MS 13.41 a kg on falling prices in London, dealers said. Dealers said the market eased as prices shed USS3O in London, while the local premium to the LME widened from US$l5654 words
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KNIGHT-RIDDER COMMODITY SUMMARY
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Article72 1994-10-01 11 SINGAPORE A dense haze that has been hanging over parts of Indonesia, Malaysia and Singapore in the past two weeks won't affect Indonesia's 1994 cocoa output and quality, said PS Siswoputranto, executive director of the Indonesian Cocoa Association. The places affected by the haze don't72 words
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Article76 1994-10-01 11 TOKYO Japan's government health officials say the pneumonic plague in India poses virtually no threat to commodity imports from India. Masami Emoto of the Ministry of Health and Welfare's Office of Port Health Administration said that the plague, which is most commonly transmitted by rats76 words
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85 1994-10-01 11 BOGOTA Colombia was to boost the internal price of coffee yesterday from 204,375 pesos to around 207,000 pesos for a 125-kilo shipment, the Colombian National Coffee Federation said. Of the 207,000 pesos, 190,000 pesos will be paid in cash and 17,000 pesos will be85 words
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Article70 1994-10-01 11 BEIJING The Chinese government has announced further cuts in domestic steel output in a bid to reduce mounting stockpiles and stabilise volatile market prices. According to the Ministry of Metallurgical Industry, domestic steel makers cut production bv 2.57 million tonnes in the third quarter of70 words
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Article1409 1994-10-01 11 Rubber Singapore Commodity Exckango (futures doting at at 5.30p«) RSS 1 Contract (S cents/kg) Close Volume Open Month High Low Sett (tonnes) Interest Oct 94 209.50 209 50 211.50 450 H25 Nov 207.25 100 1875 Dec 201.50 201.50 200.75 200 4650 Jan/Mar 95 193.50 191.75 195.50 675 90001,409 words
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REGIONAL STOCK MARKETS
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Article1120 1994-10-01 12 -1.9 Shares followed overseas bourses to close slightly weaker yesterday despite options-relat-ed trade boosting volumes on the market, brokers said. The key All Ordinaries Index finished at 2,028.7 points, 1.9 points down on Thursday's close. National turnover totalled 216.1 million shares worth A 5943.6 million with advancing issues just1,120 words
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Article651 1994-10-01 12 16.28 A strong performance by the Philippine Long Distance and Telephone Co (PLDT) and a slight fall in the local currency boosted the stock market yesterday, but only selected shares reaped benefits, analysts said. The Philippine Stock Exchange Composite Index climbed 16.28 points, or 0.56 per cent, to close651 words
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Article283 1994-10-01 12 -6.25 Shares ended with a soft tone after another directionless day's trading. "It's still very quiet. Although the volume is reasonable, most of that was off-market," Jeremy Ashcroft at Hendry Hay Mcintosh said. The NZSE-40 Capital Index fell 6.25 points to 2,066.30 on turnover worth NZ$4O.9 million Most283 words
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Article93 1994-10-01 12 •53.82 Share prices on the Bombay Stock Exchange fell on sustained selling pressure, brokers said. "There was some scattered buying by financial institutions but that was not enough to hold the prices. There is very little that one can do when most operators and brokers are selling," said Antony93 words
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Article576 1994-10-01 12 -10.00 Stocks fell on declines in plastics shares on reports that production at a petrochemical complex in Kaohsiung was shut, traders said. The benchmark Weighted Price Index of the Taiwan Stock Exchange was off 10.00 at 7091.13 on volume worth NT564.3 billion. The index hit a four-year closing high576 words
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Article472 1994-10-01 12 12.95 Stocks closed higher in active trading after two days of consolidation as petrochemical shares led an overall buying rally, brokers said. "The market accumulated strength in the past two days," said Kim Heung Shik of Hyundai Securities. The Composite Index closed 12.95 points higher at 1,050.50. Bank shares,472 words
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WORLD STOCK MARKETS
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Article199 1994-10-01 12 -31.83 The German DAX Index closed the bourse session sharply lower but on a calm note as the index stabilised around 2,110. Dealers see prices holding steady in post-bourse dealing but see volume dwindling ahead of Monday's National Unity Day public holiday. The Index ended at 2,011.75, down 31.83199 words
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Article150 1994-10-01 12 •1.20 Belgian shares made a late recovery from intraday lows but the market's mood remained gloomy, due to fears of higher US interest rates and the approach of October, which traditionally revives bad memories of the 1987 stock markets crash. The Bel-20 Index closed down 1.20 points to 1,376.11,150 words
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Article202 1994-10-01 12 index has risen 2.4 per cent since the start of the week, helped largely by Wednesday's presentation of the government's 1995 budget. The Italian stock market's Mibtel Index fell 1.4 per cent, or 155 points, to 10,837. On Thursday it fell 1 per cent after reaching its highest level202 words
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Article223 1994-10-01 12 -1.64 Dutch stocks closed lower, tracking falling bonds, as traders and investors got their first taste of a new trading system. The Amsterdam EOE Index of the 25 most actively traded stocks fell 1.64 point to 402.27, its second day of declines, led by chemical makers Akzo Nobel NV223 words
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Article722 1994-10-01 12 +33.8 Equities ended the last day of the third quarter the same way they started the three month period, with a solid advance. Market talk that a US broker had initiated a £250 million buy programme saw the FTSE jump 30 points in the final hour of trade. But722 words
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Article116 1994-10-01 12 +3.07 The Paris Bourse, in the red for much of the session yesterday, managed to eke out a small gain at the end as the CAC 40 Index finished at 1,879.25 points, up 3.07 points or 0.16 per cent from the Thursday close. Paris Sep 30 Fr Air-Liquide 721116 words
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Article96 1994-10-01 12 Italian stocks closed lower as concern about the budget's passage through parliament convinced some investors to lock in gains. The market's benchmark Milan Sep 30 Lire Ahull* Ord 974 -24 Auitalia ***** -166 Batto(i 148 4 Fill 6716 <9 General! 4007S -561 Ifi Pn» ***** -351 llatcemenn ***** -37296 words
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Article647 1994-10-01 12 Britannia Funds Mtrliaf Cwk BM offer Mim Cap Deport 34 6400 it 6)00 Mini Jcncy CikT. .0.1(9} 0.1992 Mim Max Income *0(900 ****** USS Cask Income PHn Fond 9 5500 *****0 PS S Reserve Fund J 3100 5 3200 Sttrliag Iquily Euro Performance 0 4592 0.4931 Far Eas Fund *2647 words
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Article356 1994-10-01 12 +27 South African shares posted steady gains yesterday as currency factors and "win-dow-dressing" pulled stocks higher in mostly quiet trade. Unit trusts, in their last day of trade before the end of the quarter, had pushed prices ol index stocks higher to boost portfolios, dealers said. The lacklustre gold356 words
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Article291 1994-10-01 12 -4.38 Stocks recouped some earlier losses in largely directionless dealings at midday and traders believe the market may end the session narrowly positive. "It seems to be pretty quiet. There's no real clear direction or tone," one trader said. The TSE 300 Composite Index was trading down 4.38 points291 words
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Article790 1994-10-01 12 14.46 Blue-chip stocks rose yesterday on a Japanese news report of a partial trade deal between the United States and Japan, although top US and Japanese trade officials denied the report. At 1 pm EDT, the Dow Jones Industrial Average was up 14.46 points at 3,869.09. In the790 words
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Article246 1994-10-01 12 -23.6 Swiss shares closed lower but recovered some of their earlier lows to close above the day's low. Dealers said interest rate worries pressured prices. In addition, special developments influenced prices in the bank and insurance sector. The broad SPI Index fell 15.17 to 1,682.76 after a day's low246 words
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Article, Illustration2819 1994-10-01 13 Bloomberg Business News HONGKONG The benchmark Hang Seng stock index fell nearly 2 per cent on concern that interest rates might rise and speculation that Deng Xiaoping had died, analysts said. On Thursday, China's foreign ministry said Deng, China's aged paramount leader, remains in good health, but that didn'tBloomberg Business News; Source: Bridge Info - 2,819 words
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Article, Illustration547 1994-10-01 13 CLSA THE Shanghai B shares saw a slight rebound of 0.1 per cent as turnover picked up to nearly US$lO million. Pilkington Glass and Outer Gaoqiao both fuelled volume, posting over US$2 million worth of lots each. Trading plunged, meanwhile, in newcomer Shanghai Travel to just over US$2 million.CLSA - 547 words
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Article, Illustration2512 1994-10-01 13 Bloomberg Business News TOKYO Stocks traded little changed as investment funds bidding up shares on the last day of the fiscal half-year offset fears of a riff in trade talks between Japan and the United States. "People are still waiting for the results of trade talks tomorrow," said DavidBloomberg Business News; Source: Bridge Info - 2,512 words
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Article, Illustration1712 1994-10-01 13 Bloomberg Business News BANGKOK Thai stocks staged a modest recovery, aided by price increases in banking and finance shares on prospects of favourable earnings results. "We expect the third and fourth quarter to show earnings surprises on the upside (for banks and finance companies)," said Kenneth Stevens, research managerBloomberg Business News; Source: Bridge Info - 1,712 words
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Article, Illustration1034 1994-10-01 13 Reuter JAKARTA Share prices closed mixed in moderate trading with the market rebounding slightly after more than a week of directionless and flat trading, brokers said. The Official Index rose 0.73 point to close at 497.97. "The market has rebounded slightly although the index could still fall because severalReuter; Source: Bridge Info - 1,034 words
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Article2340 1994-10-01 14 MOqf ACTM vBtaT* r 7 MBf Capital 16, IN,OOO Idns Hyd 50c 6.795,000 Fabcr ("iroup 5.695.000 kulim (M) Wt99 4.726.000 MBf Hides 50c 4.478.000 Mulpha Intl 50c 3.618.000 Promct 3,393.000 Land maris Bhd 3.076.000 MBI Hldgs TSR96 2,884.000 FACB 50c 2.700.000 Bcoaya L W|99 2.624.000 Johan HkJgs 50c2,340 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration5895 1994-10-01 14 Bloomberg Business News KUALA LUMPUR The leading index fell for a seventh day on speculation that the central bank will require banks to keep more money on reserve, pulling funds out of the equity market. "It's only a rumour," said Chung TinBloomberg Business News; Source: Bridge Infoo - 5,895 words
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STOCK EXCHANGE OF SINGAPORE
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Article7556 1994-10-01 15 Cf Or M Wt 1994 LaM V«i Day Last Qmm Dh D»v YW Net Cap Af High Lot Ci hi ij Sal* CM*) High Lmm Bayer Sdfcr Cn P/E iaul Price INDUSTRIAL AND COMMERCIAL 1440 S3) nt s Acma 1000 cd-10 I0S 1010 995 1000 1010 17.5 4.7 IJ 16.07,556 words
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Article, Illustration1856 1994-10-01 16 R Sivanithy - By R Sivanithy SINGAPORE Local share prices closed lower yesterday, dragged down by overnight softness on Wall Street, but Malaysian stocks managed a modest rebound that left some observers confident of a recovery next week. The 2,350 mark again proved troublesomeCharts by Bridge Info; Source: Bloomberg - 1,856 words
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Page 6 Advertisements
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Advertisement186 1994-10-01 6 NEWS VALUE How today 's news might affect your stocks Half-time profit of listed S'pore companies jumps 30pc (pg I) Explains why PE ratios of local stocks generally higher than their regional counterparts'. SES move stalls Samta group's takeover of Apollo (pg I) If Zhong Guo Investment turns out to186 words
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Page 7 Advertisements
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Advertisement787 1994-10-01 7 f SEA VIEW HOTEL LIMITED u Jp' (Incorporated 1m the Republic of Singapore) FULL YEAR FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT A AUDITED RESULTS FOR THE FINANCIAL UJJ 1994 17 YEAR ENDED 30 JUNE 1994 |,M $.000 $.000 $.000 V 1 Turnover 22.340 21.704 *30 19,003 20.230 -17 (b) Gross dividends787 words
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Page 8 Advertisements
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Advertisement45 1994-10-01 8 Hf**" Br l^^p mm w l^H Er v fcr K w I r uh* Hb -r Ermenegildo Zegna Boutique: Nice Ann City, #01-07. Tel: 735 8147 Inchcapc Marketing Wl.m. Atria, *02-2 1/23. Tell 732 8959 Mo., Corner: 1.e... Sr. 1.., Lr.cl 3. T.I: 735 053945 words
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Page 9 Advertisements
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Advertisement297 1994-10-01 9 Cash In Just I 3 EASY STEPS With Express Share Loan! I by any Hong Leong Finance or I I Singapore Finance branch with your share I iilp, illni iiinn slips and contract notes. I Receive cash over the counter up to 70%* I of tt*rcurrj&nt market value or cap297 words
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Page 10 Advertisements
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Advertisement85 1994-10-01 10 MASTtM INTERNATIONAL'S mw form* Otftcm offers Mom• CXtorts mmi UH-Trwdm:-Forget Double Tops, H&S Reversals, Flags Triangles (the forex market has no volume or Open Interest to confirm these patterns) Instead learn 'Long Waves, 'Sideways Filters *BAB Reversals PLUS Utm kf mmUmmt* kfmmlm komt www* ft— and yfcr Wat JQpkm Nmm85 words
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Advertisement50 1994-10-01 10 ■SSSSEB You may have been unable to gat your Business Times. Straits Times, Sunday Times. UanHe Zaobao and other daWy newspapers from your usual newsstand because of the higher demand latefy. To ensure a daiiy copy, cal Customer Sendees Section on 1800-749-2577. and ask for home or office delivery service.50 words
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Page 11 Advertisements
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Advertisement42 1994-10-01 11 I wanna free! If it's time you take a break, explore the Travel Section in the Classified. Whether it's a leisurely cruise, a free 'n' easy adventure, or a convenient packaged tour, visit Classifications 501 to 530 for a wide choice. CATS.42 words
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Advertisement26 1994-10-01 11 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead. mZrTniimtmTXM* ■WffJxTfflß 1 acting ad. |CATA26 words
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Page 12 Advertisements
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Advertisement81 1994-10-01 12 Jarclin.es. The multinational gfroup at the heart of Asia. wm Jardine Matkeson is a multinational group operating in some 30 countries employing over 200,000 people. Its core businesses are at tke keart of tke Asia-Pacific Region, tke world s emerging economic powerkouse. Main activities cover trading, services, retailing, financial services,81 words
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Page 13 Advertisements
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Advertisement121 1994-10-01 13 GIVE NEW LIFE TO YOUR HAID Facing hair problems like balding, thinning hair, damaged hair, dandruff and premature grey hair? Don't despair, come to Hay's Formula, we give professional hair treatment with a se cret formulation madeof 100%, HERBAL PLANT EXTRACTS. Hay's Formula provides all natural and effective solution to121 words
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Page 14 Advertisements
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Advertisement38 1994-10-01 14 SINGAPORE r 1 ki icmpcc I impc JJUIJILI.vijij.I ll.Xl.yij WK KNOW ASA Customer Relations Section Circulation Department M Singapore Press Holdings Limited 82 Genting Lane Occupation: Fax: m Tel: 1800-749 2577 744 4875 Tel: (O) (H) f BTIomVWC7OIB438 words
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Advertisement0 1994-10-01 14 ?-$[$~|;%_+=(./'{:(?(>\.!&}>(~/0 words
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Page 15 Advertisements
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Advertisement149 1994-10-01 15 NEW BALANCE presents the 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 dressed up.149 words
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Page 16 Advertisements
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Advertisement770 1994-10-01 16 TOLL-FREE TEL. No. 1-800-741-1883 FAX:74I-1298 National Iron and Steel Limited 5595,771,985 1.5% Unsecured Bonds due 1994 Notice is hereby given that Depository Receipt No. ***** to ***** in the name of Tan Whye Seng, Wilson have been found missing. Notice is also given that New Receipts will be issued and770 words
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Advertisement447 1994-10-01 16 THE BUKU KATIL RUBBER ESTATES BERHAD NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Eightieth Annual General Meeting of the Company will be held at the registered office. No. 22 (Upper floor of No. 20), Jalan Hang Jebat, 7S2ooMdaka.cn Friday, 21 October 1994 at 11.00 am for447 words
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Executive Lifestyle
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Article, Illustration1626 1994-10-01 17 Juliette Walker - Thinking of investing in race horses? Juliette Walker looks at the basic economics involved in making such a commitment Juliette Walker YOU have money to burn. The stock exchange doesn't appeal to you. Fund managers annoy you. Snob appeal interests you. Running with the elite excitcs you.1,626 words
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STRAWS IN THE WIND
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Article77 1994-10-01 17 SOME insurance agents don't seem to know they're playing with fire. Take the agent who has been sending out fancy flyers to women with the tag line, "Ladies, achieve the 5 Cs yourself'. Of course, they're talking about "certificates, credit cards, condominiums, cars and country clubs" but77 words
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Article73 1994-10-01 17 IN THIS world, there live many rich cheapskates. A young lady was observed entering a luxury goods shop recently, and asking if she could exchange a gift she had received from "Aunty so-and-so, wife of so-and-so" on her 21st birthday. Her request was turned down, not because73 words
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Article41 1994-10-01 17 SOME people can be so picky. Like one guest who was invited to a reception, but asked the organiser "Will you be having a dinner for this event? If so, I prefer to be invited to that instead."41 words
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OPINIONS
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Article, Illustration939 1994-10-01 18 John Helmer - John Helmer says it's only Moscow's headlock on the country that enables it to project a national atmosphere of calm and keep the opposition powerless John Helmer The writer is BT's Moscow Correspondent HE time of the I so-called strug- gle of the reI gions939 words
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215 1994-10-01 18 Foo Kim Leng (Ms - LETTER TO THE EDITOR Foo Kim Leng (Ms) Corporate Communications Officer Singapore Telecom WE REFER to the letter "Why are trade-related costs so high here?" by Brian Gazeley (BT, Sep 24-25). One of the points raised by Mr Gazeley had to do with Singapore's rates215 words
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CORPORATE PROFILE
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Article, Illustration2924 1994-10-01 19 Conrad Raj - Starting with a small shoe business in Manila, Henry Sy now dictates the lifestyles of millions of Filipinos through his Shoemart stores and malls. And he has even bigger plans for the future. He tells Conrad Raj what they are Asia's corporate giants A fortnightiy series2,924 words
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Article549 1994-10-01 19 IT COMES as a surprise that Henry Sy, considering his many business interests, has just one listed vehicle SM Prime Holdings, Inc. And it was only in June this year that the Sy family made the public issue. The offering of 16 per cent of the549 words
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SPORTS
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Article, Illustration536 1994-10-01 24 Asian Games Reuter HIROSHIMA The Asian Games finally open tomorrow, having survived threats of a Chinese boycott and a killer typhoon, to bring together the biggest gathering ever of Asian athletes. Dubbed "The Survivor Games" because of obstacles this city ofReuter; Reuters - 536 words
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Article, Illustration313 1994-10-01 24 Golf AP CLEMMONS, North Carolina Ray Floyd is about to become a US$l million man for the first time in his illustrious golf career. At 52, Floyd is less than US$ll,OOO away from becoming the fourth player on the Senior Tour this seasonAP - 313 words
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Article, Illustration170 1994-10-01 24 Patrick Sherry - Practical Golf Tips bv Patrick Sherry The writer is director of Golf, Palm Resort Golf and Country Club A CHIP shot is easy if you follow some simple tips. Remember. a chip is when the ball has very little air time. You should chip the170 words
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SPORT SHORTS
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Article, Illustration312 1994-10-01 24 AFP AP PORTLAND, Oregon The president of the NBA players' union said his members will strike if a new collective bargaining agreement is not reached by the start of the season in November. Buck Williams said management threats to lock out players if no contract is agreed had angeredAFP; AP - 312 words
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Article, Illustration138 1994-10-01 24 WASHINGTON Cincinnati's Riverfront Stadium will host the first father-son coaching confrontation in the history of the NFL when Don Shula's Dolphins take on son Dave's Bengals. On paper, the Dolphins look like sure things, despite a defence devastated by injuries. Miami are 3-1 for the year after losing138 words
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Article, Illustration116 1994-10-01 24 Reuter KARACHI Mark Taylor was dismissed for nought yesterday, completing an ignominious "pair" against Pakistan in his first test match as captain of Australia. Taylor, given the daunting task of taking over the captaincy from Allan Border, was caught at the wicket off Waqar Younis in the second overReuter - 116 words
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Article, Illustration220 1994-10-01 24 UPI CHICAGO Wilson Sporting Goods introduced on Thurdsay a new line of golf balls it claims will revolutionise the industry. Each of Wilson's Ultra 500 series balls has 500 dimples 100 more than conventional balls. The dimples vary in size and are arranged in a pattern of 60 sphericalUPI - 220 words
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Article, Illustration80 1994-10-01 24 ATHENS Men's World Championships first day Thmsday Group A: Russia 3 Algeria 0 (15-10 15-6 15-3); Greece 3 Canada 0 (15-7 15-3 15-12). Grp B: US 3 Germany 1 (15-13 14-16 15-4 15-10); Brazil 3 Argentina 2 (7-15 10-15 15-4 15-10 15-10). Grp C: Bulgaria 3 Japan 1 (15-1380 words
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PEOPLE
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Article, Illustration197 1994-10-01 24 ERMENEGILDO Zegna has opened its flagship boutique at Ngee Ann City. The opening of the boutique last month marks the design house's move to a new look and direction in menswear. Guests at the ceremony had the opportunity of viewing a fashion197 words
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TIME OFF
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Article, Illustration770 1994-10-01 25 Jaime Ee - Rather than be fazed, Jaime Ee suggests taking a lighter view of our hazy environment Jaime Ee I'M OF THE opinion that when one is faced with adversity, one tries to look on the bright side. Look at the haze. Every day you770 words
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Article300 1994-10-01 25 4 Older John Binnie directs this play by the Necessary Stage which e>q>k)res the relationship between two friends when one of them has a major accident and suffers a memory loss. Sep 28 to Oct 2, Bpm at the Drama Centre; plus a, students' matinee from Stp 29 to300 words
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Article, Illustration241 1994-10-01 25 DA»42m PHIHI mwumiii Devlin niiiKM iiiontc The Berlin Philharmonic Quartet will perform Haydn's Quartet 'Emperor'; Schubert's String Quartet No 14 in D minor 'Death ana the Maiden': and Dvorak's String Quartet No 12 Op 96 in F major America'. Oct 2. Bpm at Victoria Concert Hall. Tickets at $30.241 words
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Article210 1994-10-01 25 Omnimax Movies Tropical Rainforests Experience the everyday existence of the rainforests of Costa Rica, Queensland and Malaysia and the inhabitants of these forests from the point of view of a bug. Show times: I lam. 3pm and 7pm (Mandarin). Tickets at $8 for adults and $4 (for children below210 words
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Article, Illustration834 1994-10-01 25 Exhibition on Dental Health All you need to know about having healthy, great looking teeth will be on exhibit. Join in the dental health quiz and other contests to win great prizes. There will also be free dental checkups and souvenirs. Oct I 2, llam-9pm. at Parkway Parade Shopping834 words
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Article586 1994-10-01 25 Public Forum In conjunction with Tan Tock Seng Hospital's Second Annual Scientific Meeting, five public forums in English have been organised: Cancer and You: Oct 2, 9.30 am at Mandarin Ballroom, The Mandarin Hotel; Voice Problems and Voice Care: Oct 3, 5.30pm-6.30pm at the College of Medicine Building Auditorium.586 words
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Article124 1994-10-01 25 Dragon Kids English Headstart Programme For children bom in the Year of the Dragon, or rather, those who will be starting Primary 1 next year. Fun English speech lessons will be conducted by Melvyn Chew and Koh Chieng Mun (both of Ra Ra Show fame). From mid-August to November;124 words
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Article99 1994-10-01 25 Bfflf photography Course Lim Seng Tkmg does the honours in this one, where he introduces the art of photography, its background, the camera and its basic functions, and the intricacies involved in taking a good picture. Every Friday till Oct 21, 7pm to 9pm at Classroom 1.99 words
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Article61 1994-10-01 25 ■M I| a n i|,l M 11-U rttno nOCvm oy "wwun «KH uiijon Second in the concert series featuring four young German pianists. Heidrun Holtmann will perform works by Schumann, Scriabin and Ravel. Oct 12. Bpm at the Jubilee Hall. Raffles Hotel. Tickets at $6 (free seating) are61 words
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Article, Illustration153 1994-10-01 25 Christopher Toh - Compiled by Christopher Toh Sislic outlets are at Forum The Shopping Mall. Ginza Plaza, Junction 8, Liang Court, Raffles City, Scotts, Specialists Centre, Takashimaya, Cold Storage at Jelita and World Trade Centre. Also at the Victoria Concert Hall Singapore Indoor Stadium. Hotline: 348-5555. Ticket Charge outlets are at Metro153 words
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REVIEWS
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Article, Illustration694 1994-10-01 26 SUSAN TSANG - Cincmi Reviews By SUSAN TSANG TAKE three drag queens. Give them psychedelic wigs, tacky costumes, and a booking for their cabaret act. Send them into the stark, pristine landscape of the Great Australian Desert in a bus, and their encounters with the local life-forms become The Adventures Of694 words
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Article, Illustration490 1994-10-01 26 IN THE latest Tom Clancy techno-thriller to hit the big screen, Columbian drug cartels pose a Clear And Present Danger to the US. This justifies military action, except the President can't really order that, because Congress would block it. Nevertheless, he orders it, in a sneaky sort of490 words
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Article, Illustration1047 1994-10-01 28 Amityvide; A New Generation. A photographer gets a mirror from a crazy bum, and finds it contains more than reflections. Midnight tonight at Lido, Capitol, Oriental. Changi. Tomorrow: I lam at Lido. Changi. 5.30 at Changi. Bsyond Bedlam. British horror film about a group of people who have realistic1,047 words
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Page 17 Advertisements
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Advertisement216 1994-10-01 17 ansa 24-hour "Loan Information Sarvica Approval" 1800 33 1 3588 18 0 0 3 3 13 6 8 8 a Gerald genta w^K^n J J j *fl y^fejjjf^4&'.lpflM \^l l I I ,r iii fi I SUCCESS CHRONOGRAPH 1 SUCCESS A form that is strikingly simple, a totally new IB^fefll216 words
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Page 18 Advertisements
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Advertisement532 1994-10-01 18 1 J ||||k ANA HOTELS \WL SINGAPORE LTD. lIIIIVL (Incorporated in the Republic of Singapore) The Directors announce the unaudited results of the Company for the six months ended June 30,1994. 1994 1993 JAN-JUN JAN-JUN (ss) ~issj i%r la. TURNOVER 18,184,700 17.778,300, ,13+ < b. MTEREST MCOME 18,500 0 2532 words
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Advertisement77 1994-10-01 18 J* J'T V"J -> V -/T.'. •"*> *.v i «*i t J LOBO "UNPLUGGED" 3rd OCT 94 SPARKS 11 PM 391 Orchard Road #08-00 Ngee Ann City S'pore 0923 4th OCT 94- FIRE 12 Midnight 150 Orchard Road #04-19 Orchard Plaza S'pore 0923 3*/ ALBUM ASIAN MOON > 16 GREAT77 words
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Advertisement25 1994-10-01 18 BT welcomes letters from you. Please address them to: The Editor, Business Times, 390 Kim Seng Rd, S'pore 0923. Letters should include your contact numbers,25 words
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Page 18 Miscellaneous
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Miscellaneous87 1994-10-01 18 POONESBURY GARRY TRUDEAU ÜBLL.FOXS,IUMTTOTHMK UH...&AUY* Mttt, IKNQU WtttHAN HUH mL-MAKT I Wf&AUrIOMf&eBMX! *OUILm<TTOP&aTB7HG! ALL W******HlATHrTWH. M TUBZHSSeMINSOtXPRO- TW TOUJN fSaSARLY Mcep< ZJU'JM'T OPfOSOt knOMMJ RXAL X) XZA PLANNING v<rr SAY NAY/ 111 111 in 11 Ml 1111 H BQARPSOON... 7h*«SO> JgL 77S£XT I urswrz j/ii/// corporate t i r *i87 words
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PERSONAL FINANCE & INVESTMENT
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BULLS' EYE
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Article, Illustration564 1994-10-01 20 Those polled on their views of the Singapore stock market for the week ahead: Alliance Securities, Baring Securities, Crosby Securities, Daiwa Securities, G K Goh, Morgan Grenfell Asia, Ong Co, Peregrine Securities, Phillip Securities, S G Warburg, Smith New Court, and SBS HG Asia. Buy!564 words
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Article, Illustration320 1994-10-01 20 Michael Vaz - Michael Vaz Director, Direct Investments John Govett (Asia) Pte Ltd UII T ho says life is W/ fair? With the recent downturn in the stock market", the big-time syndicated punters walked away with millions of dollars while many of the "mom and pop" investors lost family fortunes.320 words
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Article, Illustration772 1994-10-01 20 Joyce QueK - THE WEEK mmm By Joyce QueK INGAPORE is going to create somei thing really big a fund management industry to match any in Asia," says a research chief. In a nutshell, this sums up the government's move last weekend to boost fund management and772 words
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Article, Illustration734 1994-10-01 20 Eye on the region HK brokerages are telling long-term investors to accumulate laggards, reports Lim Soon Neo IN THE past, Hongkong investors including retirees and tai tais (socialites) wielded some influence in the stock market. Today, the once awesome buying of stocks by such speculators,Source: Bridge Info - 734 words
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Article, Illustration388 1994-10-01 20 Shahiron Sahari - BT Golf Index By Shahiron Sahari THE BT Golf Index is starting to look lively again, having risen by about 3 per cent in September to close at 240.88 points. After four straight months of decline, culminating in an all-time low388 words
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Article, Illustration811 1994-10-01 21 Catherine Ong - The president of the Stock Exchange of Singapore fields questions from Catherine Ong Catherine Ong JUDGING by the bizarre trading of some warrants on the Stock Exchange of Singapore (SES) in recent months, local investors have to be better educated on the basics of811 words
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722 1994-10-01 21 R Sivanithy - Who's to blame for wrongly priced deals? A remisier and an investor give their views to R Sivanithy R Sivanithy LAST year's massive volume in the stock market created many problems for retail investors, many of whom complained of lack of proper service and advice722 words
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985 1994-10-01 21 Agnes Chen - Fund managers tell Agnes Chen why S'poreans should view equity investment as a long-term savings plan Agnes Chen UNTIL Singaporeans buy shares as part of a long-term savings plan, unit trusts will continue to suffer from neglect, professional money managers say. Of the985 words
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Article1087 1994-10-01 21 Quak Hiang Whai - Joining the queue for margin financing are businessmen, professionals and students. Quak Hiang Whai reports Quak Hiang Whai SHARE and margin financing are giving finance houses and banks some pretty exciting business. With the stock market boom last year and the introduction of thousands of new1,087 words
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Page 20 Advertisements
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Advertisement15 1994-10-01 20 At 240.88, the BT Golf Index is now at its highest point since January's 241.25.15 words
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Advertisement182 1994-10-01 20 PnoSTOCK® si Definite Edge On-Line Tracking/Charting Effectively trado the j| a j of courrt«r and displtys the L pne*. time and Malum* <# the bet gHMgjUE traraacbon with charting On-Line MACO •j J On-Ur»* MACO for. "ail count on |T' indica*. Instant on-aorean 39^ analysis to support deasn** Xj'C, -ra-J182 words
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Article, Illustration1361 1994-10-01 22 MESSAGE FROM BG (NS) GEORGE YEO 'N'ORMATION i E ARTS ON ~~E PR»VAT;SATION OF jiNGAPORE broadcasting CORPORATION Today begins a new chapter in the history of broadcasting in Singapore with SBC corporatised into four operating subsidiaries under a holding company. SBC's corporatisation h1,361 words
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Article, Illustration1155 1994-10-01 22 RADIO AND TELEVISION SINGAPORE (RTS) Broadcasting began in Singapore with the introduction of radio in 1935. Twenty eight years later, television arrived in Singapore on 15 February 1963. Then, a one-and-a-half hour monochrome service was launched on Channel sof Radio and Television1,155 words
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Page 24 Advertisements
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Advertisement4 1994-10-01 24 < hrononicirr (iM T Aummaiii4 words
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Page 26 Advertisements
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Advertisement490 1994-10-01 26 BUSINESS TIMES LIFESTYLE ART LOVERS SHOULD BE WHERE THEYBELDNG. Great works of art are like manifestations of R true love they have the intrinsic quality to ■M HP 9f& stand the test of time. Museums are Bmb! pr' II to artistic achievements. Indeed, great museums around the world, especially in490 words
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Advertisement101 1994-10-01 26 mm A sumptuous and delightful spread at afternoon hi tea delicacies awaits you at the Cafe Aladdin. Choose from a tempting variety fish or chicken porridge, siew mai, sotong balls, chicken wings, otak otak, pizza, fried rice and nonya kuehs, home-made pastries fresh fruits. All these and lots more, just101 words
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Page 27 Advertisements
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Advertisement609 1994-10-01 27 Nothing Beats A Bud, or FRESPfI PASTA 9DAILY. W From Pasta Fresco. Tho only restaurant i to make its own specialty pasta. Fresh, everyday. Savour perfect pizza, great gelati and terrific tiromiso. All topped with Italian hospitality. vßD^Br Pasta Freaca Do SoMort Pta Ltd 30 800 l Quay. SIOIO4I (Open609 words
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Advertisement330 1994-10-01 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. &00 (child) 1 Karaoke High-Tea: 9HHHr 1 $19.00330 words
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Advertisement323 1994-10-01 27 OJ-J 45J tThe fFi/vit tTOme fTJte < iharfghai &eaee fflatef 0/d f/azz Q&aiul <£• (fhefs Gome t%> &MvnS September 30 till October 9, So don't miss out on this rolling good time! Make your reservations at 831 6262/3 today. <fias6af(t HPi beijing RESTAURANT nuk «m> fIS r^gj The Saturday Luncn323 words
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Page 28 Miscellaneous
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Miscellaneous2563 1994-10-01 28 TODAY'S TV 6.00 The Miriam Stoppard 6.00 Morning News (M). Health and Beauty Show. 7.00 Regional News (M) hhhmhh Trave A La Cart# 800 si»M(M). The Misadventures Of Merlin Carte, Our 9.00 ABN News (M). Jones, 2.45pm, fijffu News Market Sophie Grigson (who now Berita 12 ('mT*" 10 30 M«i!i*2,563 words
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