The Business Times, 9 September 1995
1995-09-09
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The Business Times
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Title Section14 1995-09-09 1 SINGAPORE BUSINESS TIMES WE KNOW ASIA MITA(P) 194/12/94 Weekend Edition, September 9-10 1995 85*14 words
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Article, Illustration747 1995-09-09 1 Catherine Ong - By Catherine Ong SINGAPORE A tussle for control of Scotts Holdings involving two of the Jumabhoy brothers has broken out into the open, a day after the shock news of a criminal investigation into the listed company's financial affairs. Hours after theSource: RCB & Company Annual Report - 747 words
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Article162 1995-09-09 1 Stock mtM indie** Friday Change STII 2,129.35 +6.45 KLSEComp 982.85 -1.03 Nikkei 18,279.55 +658.37 Hang Seng 9,393.21 +114.22 SET Index 1,275.68 -3.96 Jakarta Comp 490 -1.44 Manila Comp 2,688.24 -22.68 Taipei WPI 5,182.51 +49.07 Seoul Comp .closed Bombay BSE30 ..3,366.25 22.14 CLSA China B 871.62 -1.96 Aust All Ord 2,139.4162 words
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Article, Illustration640 1995-09-09 1 Anthony Rowley - From Anthony Rowley in TOKYO THE Bank of Japan yesterday cut its official discount rate (ODR) by half a percentage point to just 0.5 per cent. Underlining the critical situation facing Japan's financial system as wellSource: Bridge Info; Source: Bloomberg - 640 words
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Article144 1995-09-09 1 SINGAPORE The load dollar fell 0.7 cent against the US unit to end at S$l43OS yesterday in line with the weakness of the Japanese yen. Dealers said the Sing dollar tracked the US dollar-yen rate throughout the day. "It will remain range-bound between 1.*****.4350 per US until144 words
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215 1995-09-09 1 R. Sivanithy - By R. Sivanithy SINGAPORE Regional markets closed largely mixed yesterday despite a huge rally in Japan, while all the action here was focused on Sesdaq, which rebounded smartly after five days of losses. Brokers said the discount rate cut in Japan that triggered a215 words
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Article58 1995-09-09 1 Reuter NEW YORK Wall Street stocks rose yesterday after Japan slashed its key lending rate in half, making yields of US assets relatively more attractive. The Dow Jones index rose 14.09 points to 4,683.81 at 2pm EDT. At Ipm EDT, advances outpaced declines about 11 toReuter - 58 words
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430 1995-09-09 1 Jenny Lam - By Jenny Lam SINGAPORE The troubles at Scotts Holdings have rekindled speculation of a possible takeover, observers said yesterday. "The company is a takeover target, now that the family is not united. Everybody is pouring over Scotts* annual report," one banker430 words
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Page 1 Advertisements
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Advertisement51 1995-09-09 1 Thai cinema: el i The magic of Entertain Golden Village Yen's weakness proving to be a boon, EL4 Insas-Ayer Molek tussle oven A solution has at last been found to a dispute that had blown into a major controversy about the way the Malaysian judiciary handled the affair See Pg51 words
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Advertisement7 1995-09-09 1 IPOs: EL 5 Be realistic about Casa7 words
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Advertisement17 1995-09-09 1 Hock Lock Siew: pg 6 Indon paper companies are on a roll S Regional markets, Pg 10-1417 words
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Advertisement228 1995-09-09 1 Corporate profile: el 2 v< Steef: Onfy T)anief of over 350 parts, glitters with an CCLfI {um if info original design and finish to perfectly match the case. The face is a marvel in a precious metal. itself: lovingly crafted and guillochi by One look at any Daniel Roth hand,228 words
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SINGAPORE NEWS
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Article, Illustration324 1995-09-09 2 Jenny Lam - By Jenny Lam i BUGIS Junction, which was opened officially last night, is the cornerstone of the pro- gramme to revitalise the Bugf is/Rochor area as a commer- cial, entertainment and leisure hub, said the Minister I for National Development, Lim324 words
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261 1995-09-09 2 v INVESTORS will be able to access personal Finance inforCmation from their desktop computer through a new joint t venture between Sembawang and the National Com- puter Board. f" Sembawang Media has a < majority stake in the new company,261 words
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Article217 1995-09-09 2 Massive losses should not obscure their usefulness, he says ADVERSE publicity arising from derivatives-related losses by such companies as Barings Bank and Metallgesellschaft has led to "derivatives paranoia" in boardrooms around the world, says Simex president Ang Swee Tian. In his keynote address at the National217 words
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91 1995-09-09 2 SINGAPORE Post yesterday awarded a $95 million contract for the supply of automated mail-processing equipment to AEG Pte Ltd to handle a rising volume in mail. Singapore Post expects mail volume to rise from 1.8 million to 4.1 million daily by the year 2010.91 words
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Article50 1995-09-09 2 A DOUBLE taxation agreement signed between Singapore and Mexico takes effect today, the Ministry of Finance said last night. The main objective of the agreement is to provide a framework to facilitate greater flows of trade, investment, technical know-how and expertise between Singapore and Mexico.50 words
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Article61 1995-09-09 2 THE Singapore International Monetary Exchange (Simex) has opened an office in New York. The American office, headed by Leonard J Schuman, will coordinate Simex's activities in North and South America as well as Europe, Simex said in a press statement. The office will provide Simex61 words
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92 1995-09-09 2 SINGAPORE Airlines will take over from its subsidiary, SilkAir, the operations of a weekly Airbus A3lO-300 service between Singapore and Hangzhou in eastern China, from Nov 1. The transfer is a result of Silk Air's streamlining of its airline fleet. Silk Air is in92 words
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191 1995-09-09 2 YUAN HONG Industrial Park in China, which is being developed by a Singapore consortium, has attracted six more tenants, bringing the number to 17 with total investments of US$445 million (***** million). The six are: Shell China, Pacific Flour Food (Fujian) Corp, Pacific191 words
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516 1995-09-09 2 David Mok - NCB restructuring David Mok examines the deluge of IT businesses that will be up for grabs David Mok THE GOVERNMENTS move to restructure the National Computer Board (NCB) looks like a winner both for the public sector and private IT firms. It516 words
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412 1995-09-09 2 Siow Li Sen - By Siow Li Sen THE Singapore Commodity Exchange (Sicom) is offering a second batch of 20 seats to individual members or locals at $20,000 a seat in a bid to cash in on the strong trading volumes in its rubber futures412 words
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Page 2 Advertisements
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Advertisement293 1995-09-09 2 BU S 1 N E S S TIM K S TOLL-FREE TEL. No. FAX: '741-1298 LEE KUAN YEW SCHOLARSHIPS The Lee Kuan Yew Scholarships are prestigious Postgraduate Scholarships Intended for outstanding Singaporeans to pursue postgraduate studies overseas or locally In order to develop their potential as leaders In their fields293 words
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Page 2 Miscellaneous
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Miscellaneous146 1995-09-09 2 DOWN 14 Performed 10 the end, al- YESTERDAY'S SOLUTIOM i d ui /-tx though exhausted (6,3) 1 Perceptible percipience (7) 16 Roundabout way to find HgH* 2 One American author amusement (9) p H*H?W*Wsi?Mgiyiglfl lv f° 'v r 17 They could make graduate 3 Declared former spouse sick in the146 words
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THE REGION
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350 1995-09-09 3 City to unveil new policies aimed at rekindling foreign investment soon: paper Reuter SHANGHAI Shanghai's municipal government plans to increase the annual gross domestic product (GDP) in its Pudong New Area to 110 billion yuan (S$ 18.7 billion) by the end of this century,Reuter - 350 words
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301 1995-09-09 3 AFP HONGKONG The Hongkong government said yesterday it would introduce measures to boost hotel development in the territory by relaxing the plot ratio for developments and simplifying licence procedures. The government decided to adjust the plot ratios of hotel developments to bringAFP - 301 words
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Article, Illustration110 1995-09-09 3 AP NEW DELHI Even for a country accustomed to regal extravagance, an opulent wedding estimated to cost US$32 million (Ss4s million) can still astonish. The tying of the nuptial knot on Thursday between the foster son of Jayalalitha Jayaram, Tamil Nadu's chief minister, and theAP - 110 words
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208 1995-09-09 3 AFP BANGKOK Prime Minister Banharn Silapa-archa has assured Thai bankers that inflation will be kept under 5.2 per cent this year despite recent figures that showed it rising, a government official said yesterday. Mr Banharn told top bankers at a breakfast meeting on ThursdayAFP - 208 words
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60 1995-09-09 3 Reuter JAKARTA Indonesia's President Suharto has dismissed a call for opposition parties to be officially recognised, the Jakarta Post newspaper reported yesterday. "The spirit of consensus through deliberations precludes the existence of opposition," State Planning Minister Ginanjar Kartasasmita quoted Mr Suharto as saying inReuter - 60 words
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83 1995-09-09 3 Bloomberg Business News BEIJING The consumer price inflation rate fell in 30 of 35 major Chinese cities in August, according to official State Statistics Bureau figures. Shanghai's inflation rate for August year-on-year was 16.3 per cent, down from 20.8 per cent in July,Bloomberg Business News - 83 words
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61 1995-09-09 3 Bernama-Xinhua CANBERRA Australian scientists have developed the world's most efficient ultra-thin solar cells. Wang Aihua, a researcher in Sydney's New South Wales University, and her husband Zhao Jianhua, have set a record of 21.5 per cent efficiency in converting sunlight into electricity by usingBernama-Xinhua - 61 words
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184 1995-09-09 3 Bernama-Xinhua NANJING Restructuring and technical innovation have pulled the once stranded textile industry out of the doldrums in Changzhou, a traditional textile centre in the Yangtze River delta. Changzhou was once a leader among China's smaller tex-tile-producing cities, but it began toBernama-Xinhua - 184 words
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216 1995-09-09 3 AFP KUALA LUMPUR Malaysia's first satellite broadcaster yesterday agreed to buy more than MSIOO million (SSS7 million) worth of digital broadcasting equipment from Dutchbased Philips, officials said. Measat Broadcast Network Systems Sdn Bhd is expected to use the system to provide digital television, radioAFP - 216 words
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264 1995-09-09 3 Reuter BOMBAY Indian companies achieved their sharpest rise in profitability in eight years in the year ended March 31, the independent Centre for Monitoring the Indian Economy (CMIE) said yesterday. A study of annual accounts of 751 private firms showed that profitsReuter - 264 words
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Page 3 Advertisements
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Advertisement1648 1995-09-09 3 CHUAN HUP HOLDINGS LIMITED I ANNOUNCEMENT I The Directors are pleased to announce the audited results of the Company and the Group for the year ended 30 June 1995. I late* Year Te Prevlaas Year Te I 31 J—e 1»95 31 J—e UN ♦or- I gBBBf Cempaey Grog Cgg Greep1,648 words
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REGION/WORLD
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Article, Illustration557 1995-09-09 4 Yang Razali Kassim - VIEW FROM BRUNEI By' Yang Razali Kassim WHETHER or not Asean achieves free trade by the year 2000, the new challenge for economic cooperation is already coming up on the horizon the freeing-up of trade in services. This is despite the557 words
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255 1995-09-09 4 Kevin Sullivan - *9 Kevin Sullivan SINGAPORE Efforts to promote closer links between the European Union and the North American Free Trade Area (Nafta) would not result in-exclusive trade practices, the Minister of State at the British Foreign Office, Jeremy Hanley, said yesterday. "We all support255 words
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252 1995-09-09 4 Reuter LONDON British police said yesterday they had detained a German national in connection with what they called a "potentially massive" fraud against German state telephone company Deutsche Telekom. The man was arrested at a hotel in the central England cityReuter - 252 words
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Article1481 1995-09-09 4 AIRCRAFT ARRIVALS DEPARTURES ati nm n» nm n» MMM» QF81 1930 QF82 2065 M— RJ187 0130 MMrtM SQ25 1215 GA890 0206 KL837 1450 KL838 2300 SQ324 2330 MM NZ21 1735 NZ22 1920 SQ266 2040 Mkm BM21 1106 SQ182 0915 SQ181 1410 BM22 1210 BM27 1720 BM28 1820 MM— MZ906 11501,481 words
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Article, Illustration54 1995-09-09 4 AFP 1 1 firm r n—— ZWINGENBERG, Germany Bales of hay have been constructed to form a decorated couple flanking a regional road near here. Erecting such figures along the roads has become a tradition daring the German harvest season as they are also used to promote summerAFP - 54 words
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346 1995-09-09 4 WASHINGTON Treasury Secretary Robert Rubin urged Congress on Thursday to act now to extend the debt limit, warning that the mere appearance that the government will default on its debts would disturb the financial markets and cause severe economic346 words
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362 1995-09-09 4 Bloomberg Business News BOISE, Idaho If the US economy continues to generate new jobs at the rate it did in August, it would lead to large price increases, Robert Parry, the San Francisco Federal Reserve Bank president, said on Thursday. During August, 249,000Bloomberg Business News - 362 words
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89 1995-09-09 4 AFP GENEVA Former Yugoslavia's main warring parties yesterday reached a major agreement on the future status of Bosnia-Herzego-vina, but the chief US negotiator warned that substantial differences remained. US Assistant Secretary of State Richard Holbrooke hailed the pact in principle, which provides forAFP - 89 words
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Article89 1995-09-09 4 AFP FRANKFURT A German judicial decision on whether to hand former Barings futures trader Nick Leeson over to Singapore has been postponed until the week beginning Sep 17, a spokesman for the Frankfurt prosecutor's office said yesterday. Should the Frankfurt court give the green light, itAFP - 89 words
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Article77 1995-09-09 4 AFX-Asia PARIS Automobiles Citroen said it expects Perusahaan Otomobil Nasional Bhd (Proton) to produce 50,000 of its AX can a year by the end of the century. Citroen said a final agreement on Proton producing the cars will be signed on Monday in Kuala Lumpur. Sources close toAFX-Asia - 77 words
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305 1995-09-09 4 AP TOKYO Japan's finance minister and three other highranking administrators said yesterday they would dock their own pay to atone for a major tax evasion scandal involving a former subordinate. Finance Minister Masayoshi Takemura and the others decided to takeAP - 305 words
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Article68 1995-09-09 4 Bloomberg Business News TOKYO Hitachi Ltd and Mitsubishi Electric Corp, two of Japan's biggest semiconductor makers, are expanding their production facilities in the US to help meet surging demand for microchips. Hitachi will spend US$4OO million (***** million) to double the size of its plant in Irving,Bloomberg Business News - 68 words
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Article78 1995-09-09 4 AP UNITED NATIONS The Security Council extended five-year-old trade sanctions against Iraq yesterday, weeks after Baghdad admitted having made toxin-tipped missiles and bombs. "Iraq has intentionally doled out, bit by bit, piece by piece, information that gave only a glimpse of the programme's skeleton," Edward Gnehm,AP - 78 words
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Page 4 Miscellaneous
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Miscellaneous28 1995-09-09 4 "Srif"'' fe l POONESBURY GARRY TRUDEAU &OOPS/B HAS IKNQUTHAT fOMZNB&e, > CHCKMAS I JUST9ECALJSE THEY RE I ytt////7WAe^v7WsT^l \OWN6THe BAP NEWS I BAB^rmTM^7NBM I ■ON HER. B&POWTE-. I TmMOkCNT28 words
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COMPANIES & MARKETS
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Eye on your Stocks
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Article19 1995-09-09 5 For next week's expected market sentiment, see BT's Sentiment Index on EL4 (Personal Finance A Investment section)19 words
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Article, Illustration62 1995-09-09 5 Skiv Taneja - By Skiv Taneja PROMET Bhd can be expected to fall further towards support at about 1.25. A decline in share price is also indicated by the daily RSI and MACD charts. By SI NOTE: We strive to give you informed, objective assessments. But remember, you trade at your62 words
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347 1995-09-09 5 William Chia - By William Chia SINGAPORE Property and publishing group Jack Chia-MPH Ltd has acquired Australia's largest contract home builder AV Jennings Holdings Ltd for Asloo million (S$ 107.3 million). JC-MPH, in an announcement yesterday, said the acquisition was undertaken by its Australian-listed subsidiary,347 words
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Article266 1995-09-09 5 SINGAPORE Newly-listed Uraco Holdings has clinched a major contract from Hewlett Packard Singapore that will generate orders totalling US$lOB million (Ssls4 million) over two years. The precision engineering group said yesterday that its subsidiary Acura Manufacturing had won a turnkey contract to assemble Colt266 words
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378 1995-09-09 5 Abdul Hadhi - By Abdul Hadhi SINGAPORE City Developments has bought over its partner's 50 per cent stake in Plaza-by-the-Park for $46 million in a move to capitalise on the healthy market for commercial space. The stake, comprising five million shares at $9.20 each in Elishan378 words
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318 1995-09-09 5 Company blames strong S$ and weak stock market SINGAPORE Marinebased Chuan Hup Holdings experienced a drastic drop of 56.2 per cent in group net earnings from $20.19 million to $8.85 million for the year ended June 30. The company attributed318 words
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815 1995-09-09 5 William Chia - Indon pulp, paper industry on a roll thanks to climbing prices HOCK LOCK SIEW By William Chia SINGAPORE The prospects of Indonesia's pulp and paper companies are bright. Since 1993, pulp and paper prices have risen by around 125 per cent and 60 per cent to their current levels of815 words
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Article, Illustration470 1995-09-09 5 Paul Leo - By Paul Leo SINGAPORE Asiamatrix went deeper into the red at half-time and said yesterday that future turnover may be affected by customers' concern over the direction of the company after it is taken over by a group led470 words
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COMPANIES
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138 1995-09-09 6 KUALA LUMPUR Diversified Resources Bhd yesterday said it plans to raise Ms4oo million (Ss22B million) through loan stocks to repay its commercial bank borrowings. Its director Maznah Abdul Jalil said at a press conference that the Rating Agency of Malaysia Bhd should complete138 words
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Article564 1995-09-09 6 MmcnV print Sep 9 A II sh Greater China Fd 0.91 1.01® 1 Mcndaki Gr Fund 1.00 l.03xd(a Mngapore una i rust us Gr Fund 1.13 i.i7~ The Commerce 1.54 1.63 .um. The Savings Fund 1.49 1.58 UUB UUt Mp Ltd S pore Prog Fund 0.61 0.65 Unifund 1.40 1.46564 words
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601 1995-09-09 6 Ho Kay Tat - Ayer Molek directors will be new owners of block under solution to end dispute From Ho Kay Tat in KUALA LUMPUR THE controversy over the registration of a 30 per cent block of Ayer Molek Rubber Co shares bought by Insas Bhd601 words
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298 1995-09-09 6 Michelle Low - Earnings INSIGHT By Michelle Low SINGAPORE After a weak first-half showing, Orchard Parade Holdings (OPH) may unveil a firmer second half, and a possible change in accounting policy may smoothen out its profits in future. Due to its current method of accruing298 words
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233 1995-09-09 6 SINGAPORE Lum Chang Holdings has proposed to consolidate its hotel interests by transferring them to whollyowned subsidiary LC Hotels Pte Ltd for $56.26 million. In an announcement last night, the company also said it would sell 40 per cent of233 words
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Article75 1995-09-09 6 SINGAPORE Orchard Parade Holdings said it bought 230,000 more Yeo Hiap Seng shares yesterday at $5.35 per share, through its wholly-owned subsidiary Jekx> Properties Pte Ltd. This takes Jelco's interest in Yeo Hiap Seng to 28.67 per cent or 40.74 million shares. Jelco and parties75 words
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67 1995-09-09 6 SINGAPORE Provisions Suppliers Corp Ltd yesterday reported a 47.8 per cent drop in net earnings to $1.7 million as turnover declined 6.6 per cent to $70 million for the first half-year ended June 30. Earnings per share on a fully diluted basis was 1.69 cents,67 words
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80 1995-09-09 6 SINGAPORE Flextech Holdings Ltd yesterday announced that first-half profit for the period ended June 30 plunged 61.6 per cent to $483,000. Turnover had increased 56 per cent to $32.22 million. Earnings per share dropped from 1.43 cents to 0.55 cent while net tangible assets backing80 words
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53 1995-09-09 6 SINGAPORE Lim Kah Ngam Ltd said its wholly-owned subsidiary LKN Development Pte Ltd will subscribe for about 25 per cent of the equity share capital of Pidemco Land's whollyowned subsidiary, Huteng Investment (Shanghai), and develop and operate a commercial office and retail53 words
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349 1995-09-09 7 US carmaker hopes move will blunt Kerkorian's takeover threat Reuter HIGHLAND PARK, Michigan Chrysler Corp, moving to blunt a potential takeover threat from billionaire Kirk Kerkorian, said on Thursday it was doubling the size of its stock repurchase programme to US$2 billion (Ss2.BReuter - 349 words
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390 1995-09-09 7 FT LONDON Britain's North West Water is poised to launch an agreed bid worth more than £1.5 billion (553.3 billion) for Norweb, an electricity group in the same region of England. If successful, the bid would lead to theFT - 390 words
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Article, Illustration322 1995-09-09 7 SYDNEY Australasian food group Goodman Fielder Ltd ajpstecday said it sank into the in the year to June 30 as a new management team wiped the slate clean with big writeoffs in an attempt to turn the troubled company around. Goodman, Australia's largestReuter - 322 words
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70 1995-09-09 7 AFP TOKYO Japanese electronics giant Fujitsu said yesterday it plans to build a new £816 million (Ssl.B billion) component production line at its factory in England. The plant at Newton AyclifTe, County Durham, will be completed by mid-1997 to allow Fujitsu to doubleAFP - 70 words
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73 1995-09-09 7 Reuter PARIS Rhone-Poulenc's pharmaceuticals unit Rhone-Poulenc Rorer Inc stepped up its assault on Fisons, saying it had issued a detailed rebuttal yesterday of the British firm's defence document published on Monday. "Fisons' defence document failed to produce any evidence to support its claim thatReuter - 73 words
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Article70 1995-09-09 7 Reuter RICHMOND, Virginia Motorola Inc yesterday said its semi-conductor products sector exercised an option to buy 92 ha of land about 24 km from downtown Richmond on which it will invest "several billion dollars" to build a wafer fabrication plant. Motorola said the plant willReuter - 70 words
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43 1995-09-09 7 Reuter LONDON United News and Media pic and Mirror Group pic will join forces to explore possibilities for local television production in Lancashire and Yorkshire, northern England, the companies said in a statement on Thursday. ReuterReuter - 43 words
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202 1995-09-09 7 AFP SYDNEY Australia's manufacturing group Pacific Dunlop Ltd said yesterday net profit after abnormals fell 69.0 per cent from a year before to A 594.2 million (SS 101.2 million) in the 12 months to June. Sales climbed 4.9 per cent to AAFP - 202 words
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Article146 1995-09-09 7 AFX-Asia NEW DELHI ITC Ltd has confirmed that a special audit committee has cleared company chairman Krishnan Chugh of charges of financial irregularities and violation of the Foreign Exchange Regulation Act. According to another report, however, Mr Chugh has announced bis retirement from the companyAFX-Asia - 146 words
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304 1995-09-09 7 Reuter NEW YORK Ted Turner is likely to side with John Malone in Time Warner Inc's US$B billion (5511.4 billion) bid for Turner Broadcasting System Inc, magnifying Mr Malone's already crucial role in the drawn-out talks, industryReuter - 304 words
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SHIPS IN PORT
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Article511 1995-09-09 6 »i--- MOT wy IW oerui Uml Mpvm knu Nrt (IT) Berkafe J1 08.09/0730 09.09/0030 (BT) Harapan Jayi I 2/95 J1 08.09/1600 09.09/1300 (BT) Karya Bakti 3/95 11 08.09/1530 08.09/1930 1Mb Jaya 1/95 il 08.09/1030 08.09/1530 (BT) Pain Mm! 2 11/95 il 08.09/1030 0809/1500 (BT) Petra Bengkaks 1/95511 words
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Article1639 1995-09-09 6 RECEIVING Of EXPORT Fa CONTAINERS AND La CAROO Rmrt Mki/Mm Mb a* Wiy III trnki Fw To Fw to Ml 255A 10/0600 2S K/1700 09/0659 09/0900 4 09/1200 09/1459 09/1200 to Lota 069 11/1101 3 01/0200 09/1159 09/1400 4 09/1200 09/1459 09/1200 to Itat 0AM 09/2300 IB 01/15001,639 words
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FINANCE & COMMODITIES
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393 1995-09-09 8 Reuter NEW YORK Prudential Insurance Co of America will sell a 40 per cent stake in its reinsurance unit in a US$33O million (*****.5 million) stock offering scheduled for late September or early October, sources said, citing the offeringReuter - 393 words
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360 1995-09-09 8 Quak Hiang Whai - Frew Quak Hiang Whai in HONGKONG THE STOCK Exchange of Hongkong yesterday launched its much publicised equity option trading, giving investors in the territory a whole new set of risk management and investing tools to pUy with. The first underlying360 words
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Article, Illustration361 1995-09-09 8 DBS Bank weekly currency report US$/nark US$/mark dipped briefly to 1.4560 on Monday before buyers returned to bring the unit to a high of 1.4858 on Thursday. The technical picture favours a resumption of the bullish trend with resistance seen at 1.4860, 1.4905 and 1.5000. A361 words
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Article270 1995-09-09 8 Sale scramble sparked by low interest rates Bloomberg Business News NEW YORK Companies poured about US$3 billion (554.3 billion) of corporate and related debt into the bond market on Thursday, adding to more than US$2.2 billion of debt sold by companies so far thisBloomberg Business News - 270 words
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Article, Illustration276 1995-09-09 8 SINGAPORE ING Insurance, which runs general insurance in Singapore, is keen to branch into the life insurance business here, a director of the Dutch-based ING group said yesterday. Herman Huizinga, executive board member of the ING (Internationale Nederlanden Groep) group, said ING276 words
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159 1995-09-09 8 Bernama HANOI Malaysia's largest bank, Malayan Banking Bhd (Maybank), has secured a banking licence to open a branch in the Vietnamese capital, adding to its network in the Indochina region. It already has a branch in Phnom Penh, the Cambodian capital and aBernama - 159 words
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261 1995-09-09 8 ENERGY REPORT Reuter LONDON World oil prices reaffirmed their strong upward trend yesterday in a bullish end-of-week flourish that made up for a mid-week slide. Benchmark Brent blend crude oil futures for October delivery were 19 cents up at US$l6.BlReuter - 261 words
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Article182 1995-09-09 8 Reuter LONDON The dollar ended higher in Europe following a cut in Japan's official discount rate but it failed to sustain Ens above the psychologicalimportant 100 yen as expectations of Federal Reserve intervention were disappointed. The Bank of Japan propelled the dollar over 100 yen in Tokyo by cuttingReuter - 182 words
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Article95 1995-09-09 8 AFP NEW YORK The dollar was up against the yen and the German mark here yesterday following a cut in the Japanese discount rate and massive intervention by the Bank of Japan. But the rise was blunted in the absence of intervention by the Federal Reserve, which hadAFP - 95 words
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Article, Illustration1270 1995-09-09 8 rrade-*rtgMed index <akidated MiiWli S'parr'i top 14 trading partners Base year /«P US$/S$ forward rates Noon Sep 8 N oak 1-month 1.4242 I.42S? 2-month 1.4207 I.4U2 3-month 1.4177 1.4m 6-month 140(3 1.4103 Source: OCBC FOREIGN CURRENCY NOTE RATES As at %tm m S«p Singapore Mian to tat nit of luti|i1,270 words
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157 1995-09-09 8 Land Houses raises US$85m offshore loan SINGAPORE Land and Houses Public Co has raised USSBS million (S$ 121 million) from the offshore loan syndication market one of the largest syndicated loans obtained by a Thai property company. The facility was well received, resulting in an oversubscription of over three times,157 words
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COMMODITIES & FUTURES
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1305 1995-09-09 9 Reuter SINGAPORE Simex Euroyen futures yesterday ended firmer but off their day's highs after the Bank of Japan cut its official discount rate by half to 0.5 per cent. Dealers said the widely expected move by the BOJ pushed the market sharply higherReuter - 1,305 words
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Palm oil ends sharply lower
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Chapter433 1995-09-09 9 COMMODITY REPORTS close on easier cash values and disappointment over Tokyo's performance despite a weaker yen. Trading was thin with interest centred on RSSI and TSR2O contracts. Losses were between 0.25 and 1.00 cent. "The Tokyo's performance was a disappointment given the general weakness of the yen against the US433 words
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83 1995-09-09 9 TOKYO Japan's Toho Zinc Co is considering lifting zinc output to near full capacity starting Oct 1, despite sluggish domestic demand in Japan, according to a senior company official. Toho's Annaka zinc smelter and refinery in central Japan's Gumma prefecture has the capacity83 words
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Article91 1995-09-09 9 SYDNEY The possible flicker of interest from China, once a stalwart buyer in the Australian wool market, helped lift prices towards the end of the week but failed to prevent an overall decline. The benchmark indicator, the eastern market indicator, firmed one Australian cent on Thursday91 words
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81 1995-09-09 9 TOKYO Japan's preliminary petrol demand in August has reached a monthly recoid high of 5.1 million kilolitres, up 3.1 per cent from a year earlier, while demand for other light products showed sharp increases, an industry daily reported yesterday. August's total demand for refined81 words
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65 1995-09-09 9 NEW DELHI The government has deferred its plan to reduce the prices of rice and wheat that it sells through state-run food stores, the Financial Express newspaper said yesterday. The plan has been delayed due to objections from the finance ministry, which fears a65 words
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Article1385 1995-09-09 9 SICOM Futures s«p8 ftysksl Pricn (Mm dill t as at LNp) jSpi 3iim MS 1 C—tract (S cents/kg) As at 12 mm (Scents/kg) Close Volume Open Month Huh Loo Sett (tonnes) Interest RSS 2 Oct 95 191.00 I99.00N Oct 9J 197.00 197.00 197.00 50 1700 RSS 3 Oct1,385 words
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REGIONAL STOCK MARKETS
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Article898 1995-09-09 10 •3.0 A sluggish Australian bourse closed marginally down yesterday in an absence of overseas interest and a lack of local stimulants, losing 0.1 per cent. "There was a lack of action. It was just sort of Friday and there were no major results today after the stream of quite898 words
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Article576 1995-09-09 10 -22.08 Philippine share prices closed 0.8 per cent lower yesterday as investors shifted focus on speculative second-line stocks, brokers said. "The dropping of indexlinked issues dragged down the market," said Paul Mutuc, an analyst with Angping Securities Inc. The Philippine Stock Exchange Composite Index lost 22.68 points to settle576 words
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Article547 1995-09-09 10 +49.07 Share prices yesterday finished one per cent higher on active buying interest among investors, with electricals enjoying the largest 2.8 per cent rally. "In view of sustained bullish run in the market, investors shifted to pursue low-cost electricals from constructions," said Yeh Ching-hai of President Securities Investment and547 words
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Article305 1995-09-09 10 -19.35 Stocks dropped, led by forestry and energy group Fletcher Challenge Ltd 7 on concern that pulp and paper prices are at a peak. Tlie Top-40 Index declined 19.35 points to 2,1 OS.SI points after dropping 12.29 points on Thursday. Within the index, there were 17 decliners and305 words
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Article157 1995-09-09 10 +22.14 Share prices closed higher in quiet trade buoyed by continued investor optimism about a revised forward trading proposal by the Securities and Exchange Board of India, dealers said. The BSE-30 Index closed up 22.14 points at 3,366.25. Brokers said volumes were low witji trading hours curtailed due to157 words
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Article311 1995-09-09 10 Seoul Stp 7 WoaOH) +7T Aauk Inwrancr *****0 1000 Ana Com 322.00 7 .00 Bait Ym| 1060.00 10.00 Baal OfOie Ja 121X10 aach Boo Kook 137X10 3.00 Byacfc Saa 145X10 -2X10 Choi F Jk C ***** I0X» Ckoa( Kaa Dan« 3IS.00 7.00 Ckooaa W 349.00 200 Dae Wooag Phanni JKOO311 words
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WORLD STOCK MARKETS
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Article606 1995-09-09 10 Britannia Funds SterUaf Cask Bid Offer Mm tap Deposit 31 *400 3* 6500 Min Jency Gitl 0.1193 01*92 Mini Mai laconic *0.9100 *0 9500 (JSS Cask Income Plus Fund ****** *10.3300 PS S Rncrvc Faad *5 5500 *5.5*00 SMriiM Ml Euro Performance .0.4592 0 4931 Far EaM Faad *2 7650606 words
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Article677 1995-09-09 10 +8.9 Shares closed slightly higher, supported by bid activity in the utilities sector and a growing sentiment that UK interest rates have peaked, dealers said. They said gains were muted however by underlying concerns about UK corporate health and talk that some large chunks of stock in blue chip677 words
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Article122 1995-09-09 10 -32 The Mibtel Index yesterday slipped 32 points lower to close at 10,280 amid speculation Banca Commerciale Italiana and Credito Italiano would report worse-than-ex-pected first-half results. Credito Italiano fell 70 to 1,980 and Banca Commerciale fell 105 to 3,735. The narrower Mib-30 fell 35 to 15,238. Milan Sep S122 words
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Article142 1995-09-09 10 -6.80 Share prices closed lower, ending the day on a negative note after swinging from positive to negative territory several times in the course of the session. The CAC-40 Index finished 6.80 points lower at 1,854.90, reaching a low of 1,849.35 in the final hour of trading. This was142 words
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Article227 1995-09-09 10 +5.72 Share prices closed firmer but ofT highs in modest floor trading backed by a stronger dollar, dealers said. The DAX Index closed 5.72 points higher at 2,273.70, after trading in a range of 2,271.41-2,278.91. The DAX 100 Index was up 2.35 at 1,193.97, while the composite DAX Index227 words
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Article196 1995-09-09 10 -2.87 Belgian stocks edged down to a slightly lower close, with shares in non-ferrous metals group Union Miniere leading the losers. The Bel-20 Index of leading shares index finished z.87 points, or 0.19 per cent, down at 1,471.79, with 1.1 billion francs worth of Belgian shares traded. Some dealers196 words
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Article225 1995-09-09 10 +0.81 Dutch shares closed mixed and below session highs after sinking in late trade along with the dollar and bonds which provided inspiration earlier in the day. The 25-share AEX Index finished 0.81 points higher at 466.98 after hitting a high of 469.20 around midday, spurred on by the225 words
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Article115 1995-09-09 10 +0.78pc The Stockholm bourse barrelled past records in early trade on a dream run by Ericsson, but stuttered when the telecom giant backed off its intra-day high. The OMX Index rumbled past a high set on Thursday to close at 1,791.47, up 0.78 per cent. Turnover was 3.3 billion115 words
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Article364 1995-09-09 10 +19.9 South African shares consolidated just off the markedly better levels established in the morning session as investors squared out positions ahead of the weekend, dealers said. The Overall Index was up 17.9 points to 5,598.5, the Industrial Index rose 19.9 points to 7,005.9 and the Gold Index ended364 words
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Article267 1995-09-09 10 -10.3 Stocks fell early in broadbased weakness led by financial services with base metals depressed by sluggish commodity prices. The TSE 300 Composite Index dropped 10.3 points to 4,557.00 in turnover of 19.7 million shares valued at C 5242 million. Declining issues outpaced advances 174 to 160, with 250267 words
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Article711 1995-09-09 10 +7.40 Share prices were slightly higher at mid-morning in a featureless market, dealers said. At 11:10 am, the Dow Jones Industrial Average was up 7.40 to 4,677.12, the S&P 500 was up 0.09 to 570.38, the NYSE Composite was up 0.04 to 306.29, and the Nasdaq Composite up711 words
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Article212 1995-09-09 10 +0.1 Swiss shares closed virtually unchanged, defying shock waves sent out by disappointing half-year Figures from big blue-chip Nestle. The blue-chip SMI Index edged up 0.1 points to 2,989.2 points. All-share SPI Index was at 1,954.66 points, up 2.42 points or 0.12 per cent, from Thursday's close. Zurich Sty212 words
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Article, Illustration2456 1995-09-09 11 Reuter HONGKONG Stocks closed sharply higher as sentiment improved after Japan cut its discount rate, brokers said. "Traders bought heavily late in the day, probably encouraged by the 3.7 per cent surge in Tokyo on the back of Japan's half-point rate cut," a broker with a European house said.Reuter; Source: Bridge Info - 2,456 words
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Article, Illustration603 1995-09-09 11 CLSA THE Hongkong H market rose 1.1 per cent yesterday on turnover of US$9.3 million. Luoyang Glass was the best performer, rising by 8.1 per cent in thin trading. Northeast Electric attracted strong buying interest from overseas investors as the counter has fallen below its IPO price. It roseCLSA - 603 words
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Article, Illustration2477 1995-09-09 11 Bloomberg Business News TOKYO Stocks soared to a seven-month high as a reduction < in interest rates offset worse-than-expected survey results on busi- ness sentiment about the econo- my, traders said. The rate cut is extremely good news," said James Ferguson, an equity salesman at SG Warburg in Tokyo.Bloomberg Business News; Source: Bridge Info - 2,477 words
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Article, Illustration1386 1995-09-09 11 Reuter BANGKOK Thai stocks ended lower in thin trade with the index trapped in negative territory throughout the session, brokers said. The SET Index closed 3.96 points lower at 1,275.68 on small 2.96 billion baht turnover. Losers led winners 137 to I2S. Earlier in the day, the index slumpedReuter; Source: Bridge Info - 1,386 words
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Article, Illustration1136 1995-09-09 11 AFP JAKARTA Shares dosed 0.3 per cent lower yesterday in continued profit-taking ahead of upcoming initial purchase offers (IPOs), despite a slight recovery on buying orders placed in late trade. "The last minute lift in the index was a normal thing for Friday, but I still think we willAFP - 1,136 words
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Article2450 1995-09-09 12 Gr Cr IMS LaM Vat Day LaM QaoK Dtr DH YU Nd M Cap Hick Law SMa Caapaay Salt (SOB) H%k Lao Bayer Setter Ot P/E Sail MALAYSIAN STOCKS 471 IM a MOO ABB Mc 400 uack 71 402 400 400 402 3 0 -2.9 0.2 4112 1272,450 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration6823 1995-09-09 12 AFX-Asia KUALA LUMPUR Share prices closed lower on continued investor uncertainty over the country's inflation and growth prospects, dealers said. The KJLSE Composite Index closed down 1.03 points at 982.85, up from a low of 981.67 points at 4.S9pm, but down from anAFX-Asia; Source: Bridge Info - 6,823 words
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STOCK EXCHANGE OF SINGAPORE
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Article8826 1995-09-09 13 WW IMt Vol Day Lnl QwK Dfc YM Net Cm A^ High Lh Sim Cf>nj <Ut CM*) High Ln Bayer SetWr CVr F/E ball Price MOUSTMAL AND COMMERCIAL 320 3*2 ml 1000 Aetna Mc 4% +4 III 300 4M 496 49* 22.5 5J 2.3 104 6*3* 493 430 430 I8,826 words
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Article, Illustration1818 1995-09-09 14 R Sivanithy - By R Sivanithy SINGAPORE The junior board rebounded yesterday, restoring some of the cheer lost in the slock market lately. In a day of positive news all round, the UOB Sesdaq Index closed a useful 6.81 points or 7.4 per cent higher atChart info from Bridge; Source: Bloomberg - 1,818 words
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Page 5 Advertisements
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Advertisement345 1995-09-09 5 NEWS VALUE Scotts is ripe for a takeover, say market watchers (pg I) Punters have Yeo Hiap Seng on their minds. BOJ lowers official discount rate by half a percentage point to 0.5% (pg 1) Japan may have played almost all its economic-stimulus cards. Bugis Junction the cornerstone of renewal345 words
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Page 7 Advertisements
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Advertisement896 1995-09-09 7 M PCI LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors is pleased to announce the audited results of the company and the group for the year ended 30 June 1995. THE QROUP THE COMPANY 1995 1994 1995 1994 srooo srooo ss-000 ss'ooo 1. (a) TURNOVER 245,189896 words
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Advertisement106 1995-09-09 9 Important first ever^Ei INTERNATIONAL AUCTION OF MYANMAR PAINTINGS j "Fighting Cocks" (also blown as "The Honor and The Glory") I j by ZAWMIN. Oil on canvas j Venue Omni Marco Polo Hotel j Grange I (Mezzanine Level) Preview Saturday 9 Sept '95,12 noon 7.00pm 1 Sunday 10 Sept *95,10.00 a-106 words
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Advertisement20 1995-09-09 9 As and when the latest London/ Rotterdam prices are not available, the previous trading day's closing figures are carried instead.20 words
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Advertisement14 1995-09-09 11 I Young Parents I I When you want the best I for your children14 words
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Page 12 Advertisements
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Advertisement46 1995-09-09 12 Celebrating Singapore's Enterprising Spirit Be part of the Enterprise SO list A ranking of the fifty most enterprising, privately-held local companies. Come forward and claim your place on the list. It's an honour. Call the Enterprise 50 hotline 290 8998 for a nomination form. (jSSSSSc Busraessßmes46 words
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Page 13 Advertisements
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Advertisement35 1995-09-09 13 FAST RELIEF FROM KH Indigestion causes pain and discomfort in your stomach. Gaviscon acts quickly by forming a protective layer mhp *****5 over the undigested food in the stomach, to relieve indigestion. QAVISCON relieves indigestion.35 words
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Page 14 Advertisements
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Advertisement17 1995-09-09 14 I I I I I I I I H I hh trie insl v KMgM£iijl!y|sPsPj^^ C I17 words
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Advertisement3 1995-09-09 14 ({!{$(>-}%*$(}{|@/*-"!)%~::\-~` L on 13 words
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Advertisement367 1995-09-09 14 Singapore Closing Share Pricoo 08/09/1996 clo— mm low hmn UM UM UM UM J«i*ni Mil 7AO 7m 7AO 7*o FBSqI Jwln Mafia til S.lO 5.14 S.II LWJ Dairy Fm OAM O.MS O.M OAM SBSS Hmliiin LMrt I.M I.M IAO I.M ESEDBS Ml nil rill OriwW OAM OAM OAS OAM iiawi367 words
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Advertisement319 1995-09-09 14 IN THE MATTER OP THE COMPANKS ACT CAP. 80 AND IN THE MATTER OF FRIARY PTE LTD (VI ■MfnOtri vofumsry Liquidation) NOTICE OP RESOLUTIONS At an Extraordinary General Meeting of tha members of FRIARY PTE LTD duly convened and held at 1290 Toa Payoh Lorong 1 #01-01 Singapore *****6 on319 words
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Executive Lifestvle
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Article, Illustration1556 1995-09-09 15 Alan Boyd - Since Entertain Golden Village introduced the multiplex system of computerised screenings last year, its cinemas in Bangkok have been regaining the audiences they lost to television. Alan Boyd has the details Alan Boyd The writer is a Bangkok-based journalist who contributed this article to Executive1,556 words
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STRAWS IN THE WIND
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Article95 1995-09-09 15 WHEN told that his company car would be a Voivo, a banker from Hongkong broke the news to his traders in the region. Sympathetic messages poured in through the office e-mail. One trader's words of comfort: One, my dad's got a Volvo. Two, Roger Moore used to drive95 words
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Article60 1995-09-09 15 THOSE who can't... go for a massage. That seems to be the most popular cure going by the classified ads in an Indonesian newspaper which advertise help for, among other "incurable" ailments, impotence and premature ejaculation. Culture is not a problem: ancient Thai massage, Japanese massage and60 words
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Article56 1995-09-09 15 WHATs in a name? Plenty, if you are a kid who loves computer games. The mother of one boy controls his terminal hours very strictly. When asked why, she said she didn't want the child to fall ill. And what was it in a computer that could cause56 words
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CORPORATE PROFILE
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Article, Illustration2228 1995-09-09 16 William Chia - Indofood Sukses Makmur, the world's largest instant noodle producer, does not rest on its laurels. Company executives speak enthusiastically to William Chia about transforming Indofood into the San Miguel of Indonesia Asia's corporate giants A tortnigMty series William Chia WHAT CAN YOU do2,228 words
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677 1995-09-09 16 Indonesia's largest conglomerate has been involved with the development of Indofood from the very beginning NO FEATURE on Indofood Sukses Makmur can be complete without an account of how its development has been closely linked to Indonesia's largest business conglomerate, the Salim Group. The677 words
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Opinions
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Article, Illustration848 1995-09-09 17 QUAK HIANG WHAI - LETTER FROM HONGKONG QUAK HIANG WHAI IT STARTED three weeks ago. A massive rock crashed down a slope after heavy rains and rolled onto the Tuen Mun Highway in northwestern Kowtoon, killing one man and seriously hurting another in a848 words
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427 1995-09-09 17 Zeng Yi Shun - LETTERS I TO THE EDITOR Zeng Yi Shun THERE was a report in the press recently about some OCBC warrants which lapsed worthless. It was mentioned in that report that OCBC Foreign shares commanded a premium of SO per cent over the427 words
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108 1995-09-09 17 Manmohan Singh - Manmohan Singh SMALL investors face the brunt of uncertainties concerning the future of Clob as the conversion of KLSE to a fully scripless trading system draws closer. Institutional investors have the capacity to deal directly in KLSE. Due to the heavy selling pressure on Clob,108 words
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509 1995-09-09 17 Elizabeth Schuett - By Elizabeth Schuett Elizabeth Schuett is a teacher and writer in the US "MORALITY cannot be legislated." Boy, I wish I'd said that. In the almost half-century since I first heard those words of wisdom, I've repeated them509 words
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Article, Illustration1006 1995-09-09 17 Neville Stack - Neville Stack bewails the lack of friendly-looking terminals Neville Stack The writer is a political commentator based in London. He writes regularly Jor BT THEY glower, hunched and unlovely, in every business office, often by the dozen. Some glow green, others blue. And all of1,006 words
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PERSONAL FINANCE & INVESTMENT
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Bulls Eye
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Article, Illustration507 1995-09-09 18 Those polled on their views of the Singapore stock market for the week ahead: Alliance; Baring, Credit Lyonnais Securities, Fraser, G K Goh, Morgan Grenfell, Nomura, Phillip, S G Warburg and W I Carr. Subscribe! Alliance Securities (Sep 4) Cmsa Holdings. Strong annual compounded growthFigures denote number of respondents - 507 words
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Article, Illustration508 1995-09-09 18 Jim Rhower - Jim Rhower Chief Economist, Asia CS First Boston N Aug 15, the I I 50th anniversary of Indonesia's declaration of independence, President Suharto announced that the world's fourth most populous country is determined to grow its economy by an average of 7.1 per cent a year over508 words
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Article, Illustration745 1995-09-09 18 Paul Leo - By Paul Leo SWITCHING. Securities: selling stocks or bonds to replace them with other stocks and bonds with better prospects for gain. Barron's Dictionary of Finance and Investment Terms. "Switching" came to my notice two Fridays ago when a reader called up to say "my745 words
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Article, Illustration432 1995-09-09 18 Hiroaki Onozawa - Hiroaki Onozawa assesses the outlook for the Japanese currency and its impact on business Hiroaki Onozawa The writer is managing director of Nomura Capital Management (Singapore) IN JUST one month, the Japanese yen has depreciated by over 10 per cent against the US dollar, thanks toReuter; Source: Normura - 432 words
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Article765 1995-09-09 18 Lwch 1 ith 3 wths 6 wths 1 yr 2 yra 3 yra Kaafclag at May t, 1995 Singapore Straits Tbac* -1X4* -IIJ) 1543 40*4 Credit Lyonnais Singapore Or 2S.07.69 -2.44 10 5.01 I -19.08 9 -14.04 9 35.95 2 115.12 I OCBC Savers Capital Fund 27.04.17 0.29 5 4765 words
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Article, Illustration789 1995-09-09 18 Talk of lower crude prices is merely the result of suppliers trying to stare down one another Barrons Ominous rumblings from the Organisation of Petroleum Exporting Countries, combined with the vague possibility that Iraq's* President Saddam Hussein could be driven from power, have led toBarrons; Source: Bloomberg - 789 words
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Article, Illustration959 1995-09-09 19 Jenny Law - By Jenny Law ETAIL punters W hoping for a fat profit from the mainboard listing •JKLm of Casa Holdings should start lowering their expectations. While they are still likely to make some money from this initial public offer (IPO), Which looks set to be959 words
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Article, Illustration580 1995-09-09 19 Al Labita - Eye on the region: The Philippines By Al Labita THE Philippine stock market's bearishness is only a prelude to a bull run in the fourth quarter, analysts say. Blue chips are down, succumbing to profit-taking sparked by the Dow Jones' weakness and the local580 words
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Article, Illustration678 1995-09-09 19 Soh Tiang Keng - *r S°h Tiang Keng discusses the wisdom of taking out insurance cover on your home Soh Tiang Keng PROVIDING shelter for your home with proper insurance cover is just as important as living in a high-rise flat with strong foundations. To most Singaporeans, a678 words
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Article, Illustration939 1995-09-09 20 Corinne Kerk - Ronald Lee of the Dome chain of cafes talks to Corinne Kerk about his 'coffee culture' concept Corinne Kerk WHEN the Dome chain of cafes started making its appearance, restaurateurs must have wondered why they never thought of it before. After all, the Dome concept isn't939 words
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Article, Illustration617 1995-09-09 20 Julian Wong - WfebStehts By Julian Wong The writer works for a multinational software company MY WIFE and 1 are pretty adventurous when it comes to holidaying abroad. We have never joined tour groups and prefer to go it on our own, making or cancelling plans along the way. Although we617 words
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Article, Illustration1527 1995-09-09 20 Kathleen Herzig - Smart homeowners are seeking the services of design professionals to make their dream homes a real of design professionals to make their dream homes a reality, reports Kathleen Herzig Kathleen Herzig WITH the prices of most condominium units in districts 9, 10 11 andPhotos by Chris Loh - 1,527 words
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Article384 1995-09-09 21 THE SOCIETY of Interior Designers (Singapore) was officially registered on May 22, 1995. The new society, based on the model of the American Society of Interior Designers (ASID), aims to enhance the calibre of interior designers in Singapore by establishing stringent admission requirements and regulating their conduct and384 words
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Article, Illustration680 1995-09-09 21 SHAHIRON SAHARI - Cinema Review By SHAHIRON SAHARI IT IS hard to say, with a Woody Allen movie, at which points art imitates life and vice versa. His movies, after all, have often borne a fair reflection of his life: witness for example the affair with a school-going teenager680 words
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Article, Illustration768 1995-09-09 21 PARVATHI N NARAYAN - By PARVATHI N NARAYAN MOST SCENARIOS depicting a future earth are packed with gloom and doom. Judge Dredd is no exception. In the year 2139, all civilisation in the United States is in three Mega-Cities, everything else being the "Cursed Earth" where nothing can survive and nothing grows.768 words
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Article585 1995-09-09 21 Kathleen Herzig - Executives on overseas stints can also employ a decorator to help turn an unfamiliar hearth into a home Kathleen Herzig Kathleen Herzig is a Journalist who contributed this article to Executive Lifestyle THE SERVICES of design professionals are not solely reserved for the tycoon creating his585 words
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EPICURE
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Article, Illustration792 1995-09-09 22 CORINNE KERK - Bon Appetit By CORINNE KERK THE THING about food promotions is that, usually, you don't know one is going on till you get to the restaurant. So the safety net is that you can always fall back on the regular stuff which you like and occasionally still792 words
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Article370 1995-09-09 22 SUSAN TSANG - By SUSAN TSANG THE TOP of the Plaza, famous for its abalone promotions, is ready to introduce diners to another rare and marvellous ingredient in fine cuisine the pick of mushrooms, the Matsutake. Popular among the Japanese, the Matsutake, which grows between 2,000 and 3,000 metres high370 words
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Article, Illustration358 1995-09-09 22 JAIME EE - By JAIME EE YOU'LL never want to eat normal steamboat again after you experience the ultimate in hi-tech cooking at Shangri-La's newly revamped Nadaman restaurant. After gutting the old Japanese restaurant and spending some $3.5 million doing it up again, you wonder what the358 words
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834 1995-09-09 22 N K YONG - WhM By N K YONG CHATEAU Mouton Rothschild 1945, Chateau Cheval Blanc 1947, Chateau Lafleur 1947, Chateau Lftour 1961, Chateau Latour a Pomerol 1961, Hermitage La Chapeile 1961, La Tache 1962 what do these names have in common? Thtfy are quite simply some834 words
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Article, Illustration1009 1995-09-09 24 ApaNa 13. Tom Hanks and his crew shoot for the moon and miss. The earthbound try to get them home. Lido. Changi: 11; 2.30; 6; 9. Extra 12am show at Lido. Republic: 12.45; 3.30; 6.30; 9.15. Jade: 6; 9; 11.45. Chinatown: 6.30; 9. Jurong: 10.45; 3.30; 6.15; 9. Hougang:1,009 words
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Page 15 Advertisements
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Advertisement219 1995-09-09 15 |4HMIM| I mmm/ "oy of turning shares into I I lA* tjkmi. I I# 6 I I ji mm^°sSS^r nw u Reine Sammut was once an aspiring student but Love and Destiny would wl\ thange. the course of her life, propelling her I onto the path that wouldjnake her one219 words
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Advertisement115 1995-09-09 17 122 23 September 1995 Kallang Theatre Bpm Season TRIPLE BILL Ttoo New Exciting Works: Passage? by Timothy Gordon to music by Ravi Shanhar PhHlp Glass (World Premiere) JiouUe Contrasts: by GohChoo San to Poulenc Concerto for 2 Pianos/Singapore Premiere) Exultations It by Paul Ocampo to music by Artel Ramirez. Tickets115 words
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Advertisement25 1995-09-09 19 ¥> I EMPORKTHTARMAM HPL House. Singapore *****66 Iselan Orchard. Singapore *****30 Concorde Hotel, Kuala Lumpur *****75 Iselan Lot 10. Kuala Lumpur *****71 Sarinah Building. Jakarta *****6125 words
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Advertisement305 1995-09-09 23 Budweiser HHHHMBVIiII I V/»ll f« Ikl! I I i IfrsWl'molSlslsJW WHERE TO WINE, DINE AND ENTERTAIN woffLD s largest selling BtER a«» -^9 1 rmm nmat loto HmwcMD-, ttfliailiii llflA flWlv Mfliliff VIIIVMMRIV Cliff IOK iff fw euk piyiiit J Just spend $500 and above wilhin 6 monlhs at any305 words
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Advertisement295 1995-09-09 23 "High Tea" starts at High Noon Don't miss our delicious High Tea Buffet available from 12 noon to spm every weekend. Price: $13.80 (adult) $8.80 (child) A La Carte Menu is also available. Prices subject to 10% service charge, 1% government tax and 3% GST For reservations, please call 737295 words
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Advertisement313 1995-09-09 23 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 fecial also includes karaoke at Singsation. < High-Tea: j $13.00 (adult) 8.00 (child) X™~ HiTea: S. $19.00 (adult) r313 words
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Advertisement379 1995-09-09 23 Where carnre bring 1 Singa Inn. of course! Singapore's largest outdoor i*' seafood restaurant offers you the opportunity to dine under the stars and enjoy the cool sea breeze at the same time! \FjFI seafood restaurant Offers more than just live seafood! 920 East Coast Parkway, Singapore 1544. Tel: 345379 words
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Advertisement276 1995-09-09 23 Bjj Heavenly Mooncakes at Mandarin Singapore From 6th August till 9th September LS Savour this year's divine creation, the Shandong Mooncake. Traditional favourites like our famous Golden Ingots, snow skin mooncake and 7 stars with white lotus paste are also available. Win lots of valuable prizes in our Grand Lucky276 words
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Page 24 Miscellaneous
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Miscellaneous2161 1995-09-09 24 TODAY'S TV (See Our Choice). 11.02 James Bond Jr. M*llh«lliL*J 7.30 Vhleefashion. 11.30 Superboy. Mystery Of The Senses 12.00 NN Berita Jam 12. Daniel Boone, Trail Blazer, Cinema Cinema Cinema, 2pm, (See Our 12.1s PM Kelab Kanak-Kanak. Choice). 100 Beyond 2000. Bruce Bennett plays the leg- Sandra Bullock is a2,161 words
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Miscellaneous274 1995-09-09 24 RADIO The Vintage Chart Shew, BBC, and most radical developments Satarday, 11.30 am in contemporary jazz. Today's Paul Burnett dips into his glob- guest is saxophonist Evan al jukebox for another selection Parker, and there are extracts of Top 20 hits from past Brit- from records by old hands ish274 words
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