The Business Times, 16 September 1995
1995-09-16
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The Business Times
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Title Section14 1995-09-16 1 Business Times WE KNOW ASIA MITA(P) 194/12/94 Weekend Edition, September 16-17 1995 85 c14 words
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Article, Illustration350 1995-09-16 1 William Chia - By William Chia SINGAPORE The longrunning saga for control of Malaysian fast-food operator KFC Holdings (M) Bhd has become more perplexing with another executive director, Francis Lau Tuang Nguang, being remanded by the police. Mr Francis Lau was remanded yesterday after voluntarily350 words
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Article166 1995-09-16 1 Stock nartot indicts Fry ay Change ST1I .2,139.67 +9.78 KLSE Comp 993.53 +0.33 Nikkei closed Hang Seng 9,797.40 +117.30 SET Index ~..l,337.62 +22.16 Jakarta Comp 495.32 -0.10 Manila Comp .....2,757.43 +25.94 Taipei WPI 4,995.53 +39.51 Seoul Comp 985.64 +19.92 Bombay BSE30 ..3,371.66 +10.48 CLSA China B 870.17 +4.40 AustAllOrd 2,165.7166 words
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706 1995-09-16 1 Anthony Rowley - Banking crises add to borrowing costs not seen since 1979 oil shock From Anthony Rowley in WASHINGTON THE international implications of the recent Japanese banking crises and collapses have begun to become obvious with the reappearance of the so-called "Japan706 words
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Article, Illustration501 1995-09-16 1 Ho Kay Tat - From Ho Kay Tat in KUALA LUMPUR MALAYSIA Airlines shares took a beating yesterday after one of the carrier's planes crashed in Sabah state, killing 35 people of the 53 on board. The shares finished the morning session 5 sen up atSource: Bloomberg - 501 words
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159 1995-09-16 1 Reuter LONDON The US dollar briefly clipped a 15-month high of 104 yen and approached I.SO marks here yesterday, capping a heady week in forex and equity maikets. The dollar's rise to a high of 104.05 yen was swiftly met withReuter - 159 words
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Article, Illustration508 1995-09-16 1 Christopher Tan - By Christopher Tan SINGAPORE The world's largest Honda car showroom opens here today. Kah Motor, the agent for Honda passenger cars here and a wholly-owned subsidiary of Malaysia-listed Oriental Holdings, spent $33 million building the 12,988 sq m Übi facility. The three-storey Honda CentrePhoto by Chris Loh - 508 words
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Article66 1995-09-16 1 Reuter NEW YORK A sharp sell-ofT in high-tech shares knocked the stock market down yesterday, but blue chips suffered only modest losses by mid-day. The Dow Jones Industrial Average was up 2.11 points to 4,803.91 at 2pm EDT, down from the Thursday's record high closing.Reuter - 66 words
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Page 1 Advertisements
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Advertisement15 1995-09-16 1 Women's movement: el i How the other half live in China I I zSJH a15 words
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Advertisement9 1995-09-16 1 Airline stocks: el 4 Cloud lifts for Asian carriers9 words
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Advertisement19 1995-09-16 1 Hock Lock Siew: pg 5 Indorama Synthetics has the edge G-7 partners to go on supporting dollar, Pg 819 words
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Advertisement235 1995-09-16 1 Raffles Conversation: el 2 Francis Yeoh, MD of YTL Corp Bhd |y J g I PJ J j\|Xr^)i||^^^9j^^^^H v' BT Online Look «s up at http:// www-asial .com.sg/biztimes !rssE!r ■T Hmmtmk W *****18 Fn *****71 •SSf'.V'lav. < p i ;j 6/ Depute 1775 i Known to history as the Prince235 words
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Advertisement0 1995-09-16 1 $/|,__&}"@^@_+{~_+];;<%@:$,.!)`0 words
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SINGAPORE NEWS
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Article, Illustration517 1995-09-16 2 Christopher Tan - By Christopher Tan £A WORLD-CLASS land system in ,10-15 years, one that will •Stand alongside our world--class port and airport 'that's the vision and mission *itf the Land Transport Au- thority, said Communications t Minister Mah Bow Tan at the517 words
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235 1995-09-16 2 Vikram Khanna - By Vikram Khanna LUMINARIES from politics, business and academia will join more than 700 delegates from 48 countries at the fourth Europe/East Asia Economic Summit that starts in Singapore on Wednesday. Indonesian President Suharto, Prime Ministers Gro Harlem Brundtland of Norway, Hong-Koo235 words
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591 1995-09-16 2 The Straits Times BOSTON If discussions at Williams College during the weekend centre on the political system, Prime Minister Goh Chok Tong hopes to put across different perspectives on the subject of governance. Westerners, he noted, hold aThe Straits Times - 591 words
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203 1995-09-16 2 IN adjusting salaries for older workers as they stayed longer at their jobs, job security for the whole workforce must also be considered, unionists said at a seminar yesterday. "While we want to be fair to the older workers, we have to also ensure that we203 words
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Article, Illustration541 1995-09-16 2 Alec Almazan - Higher rates also reflect higher cost of port operations, he says By Alec Almazan COMMUNICATIONS Minister Mah Bow Tan yesterday urged the shipping fraternity to view the new port tariff for 1996 as a means to providing better services to them.541 words
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Page 2 Advertisements
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Advertisement716 1995-09-16 2 hm ■§■■■■IHlrf mm Union de Banques Arabes et Francoises Head Office: 190 Avenue Charles-de-Gaulle, ***** Neuily Cedex, France Singapore Brunch: 11 Collyer Quay, #11-01/03 The Arcade, Singapore *****7 CONSOLIDATED BALANCE SHEET CONSOLIDATED PROFIT AND LOSS ACCOUNT (before appropriation) as at December 31,1994 for the year ended December 31,1994 l y716 words
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Page 2 Miscellaneous
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Miscellaneous302 1995-09-16 2 •■"•J" -1 m/W CM*. Buenos Mm* 16/06 a ud > T*"*" «y«3 aaud, da* 25/13 Shows Ban#** 32/25 Shews > Mhans 28/17 Sumy HanakAi 27/22 27/15 Sum, 8M 18/06 Cloud, HauMan HZ 27/21 rSwn BomM, 30/24 njom; IWI U.VM* 27/U fc—l 32/24 Shows CopanhagiT 16/06 joucn lasVwem 26/19 S HM302 words
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THE REGION
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586 1995-09-16 3 Leslie Lopez - From Leslie Lopez in JAKARTA PT CHANDRA Asri, Indonesia's controversial petrochemical giant, says that it has obtained support from the government for a pricing formula which will tie buyers to long-term contracts for its products. The project's promoters, a consortium led586 words
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Article, Illustration642 1995-09-16 3 Quak Hiang Whai - Fran Quak Hiang Whai in HONGKONG HONGKONGERS go to the ballet box tomorrow to choose the first fully-elected 60-seat legislature, also the last under British rule. Ironically, while the election is touted as a landmark poll with the highest level of democracy in Hongkong's history,AFP - 642 words
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73 1995-09-16 3 Reuter SHANGHAI Presidents of China's commodities futures exchanges have urged Beijing to allow a resumption of trading in major items banned under an economic austerity programme, a Chinese newspaper reported. At a meeting in the northern Chinese port of Dalian, the presidentsReuter - 73 words
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285 1995-09-16 3 Bloomberg Business News KUALA LUMPUR Malaysia registered a MSS.S billion (Ss3.l billion) trade deficit in the first half of 1995, after a M 5721.4 million deficit a year earlier, according to Bernama, the national news service. Purchases of ships and aircraftBloomberg Business News - 285 words
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409 1995-09-16 3 AFP JAKARTA A group of students and Muslim youth and elders threatened yesterday to fiercely campaign against Indonesian Information Minister Harmoko unless he is taken to court for allegedly insulting Islam. "If no legal actions are taken against Harmoko, then we will campaignAFP - 409 words
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554 1995-09-16 3 Lu Ning - By Lu Ning NEW rules announced by China on Thursday for the setting up of overseas funds by Chinese entities are aimed at making it easier for foreign investors particularly small and medium-size to take part in priority projects554 words
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345 1995-09-16 3 Bloomberg Business News, Reuter BEIJING China may keep its tight credit controls in place for at least two years to squeeze inflation out of the system, the official China Daily reported yesterday. The paper cited an analyst with the central bankBloomberg Business News,; Reuter - 345 words
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71 1995-09-16 3 AFP TOKYO Michio Watanabe, a former Japanese deputy prime minister and foreign minister, died of heart failure at a Tokyo hospital yesterday. He was 72. Mr Watanabe, a high-profile member of Japan's Liberal Democratic Party, never achieved nis dream of becoming prime minister. He was onceAFP - 71 words
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90 1995-09-16 3 AFP MANILA The Philippine Trade Department announced that new and existing ventures in the country were due to receive about 1.79 billion pesos (SS99 million) in investments faom various regional firms. The amount includes a 361.S million investment by Grand United Holdings Bhd of MalaysiaAFP - 90 words
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Article, Illustration70 1995-09-16 3 AFP BEIJING An old man laughs in front of a statue of Superman before a video game parlour here on Thursday. Authorities have set the age limit at 18 to be allowed inside a video game arcade claiming that it is corrupting the youth, aAFP - 70 words
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84 1995-09-16 3 Reuter HANOI Vietnam said it needed US$2O billion (5528.7 billidn) pumped into infrastructure up to the year 2000 for a raft -of projects to rebuild its roads, railways and ports. A report by "(he State Planning Committee showed the investment would represent 15 per cent ofReuter - 84 words
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Page 3 Advertisements
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Advertisement690 1995-09-16 3 ASIAMATRIX LIMITED j (Incorporated in the Republic of Singapore) ANNOUNCEMENT lo Al WarranthokJers of Asia Matrix Limited 1. The Board of Directors of Asia Matrix Limited ("the Company") wishes to notify ail I WarranthokJers in accordance with Clause 5.1.3 of the Deed PoW constituting warrants dated 27 December 1993, that690 words
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REGION/WORLD
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481 1995-09-16 4 AP BRUSSELS The European Union on Thursday unveiled the outline and aim of its new "Asia strategy", calling for free trade and economic and political cooperation with a region fast becoming the powerhouse of the global economy. "Europe must pay fullAP - 481 words
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346 1995-09-16 4 Bloomberg Business News WASHINGTON US industrial production posted the largest increase in eight months in August, led by demand for electricity to power air conditioners and broad-based factory gains. Production surged a larger-than-expected 1.1 per cent from a month earlier, the Federal Reserve saidBloomberg Business News - 346 words
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284 1995-09-16 4 Bloomberg Business News NEW YORK AT&T Corp restructuring of its money-los-ing computer unit could axe up to 10,000 jobs and will lead to a US$l.2 billion (SSI.7 billion) charge in the third quarter, a published report said. Company officials refused to confirmBloomberg Business News - 284 words
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Article1281 1995-09-16 4 AIRCRAFT ARRIVALS DEPARTURES a£ nm ra fm» n» QF81 1930 Qf82 2065 IBS RJ187 0130 MMm SQ2S 1215 GA890 0206 KL837 1450 KL838 2300 SQ324 2330 MM NZ21 1736 NZ22 1920 SQ2B6 2040 IMhSM 9421 U05 SQ182 0915 SQ181 1410 BM22 1210 B>427 1720 H426 1820 ■Mt MZ906 1150 MZ9071,281 words
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368 1995-09-16 4 Many Japanese and US firms open plants in country Bemama KUALA LUMPUR Thailand is likely to become the largest automobile producer in South-east Asia with output aimed at one million cars by the year 2000, it was announced yesterday. There is aBemama - 368 words
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273 1995-09-16 4 UPI BEIJING The Fourth UN World Conference on Women yesterday adopted a broad agenda for sexual equality, but capitulated to demands that implementation be left to sovereign states with "various religious and ethical values After 12 days of bickering and negotiating tradeoffs, theUPI - 273 words
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Article112 1995-09-16 4 Reuter ZURICH Union Bank of Switzerland (ÜBS) and Swiss Life, two of Switzerland's most powerful financial institutions, yesterday said they were joining forces in the growing market for financial instruments that combine elements of insurance and banking. At a joint news conference, EmstReuter - 112 words
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Article80 1995-09-16 4 Bloomberg Business News BEUING China's state-owned assets have grown 18 per cent per year on average since economic reforms were introduced and are now over four trillion yuan (*****.6 billion), the China News Service reported. Taxes on profit from state-owned companies make up 60 per centBloomberg Business News - 80 words
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Article88 1995-09-16 4 Bloomberg Business News LONDON A UK magistrate's court delayed until Wednesday a ruling on whether it will grant extradition of a Russian computer expert wanted in the US for allegedly hacking into Citibank's security system. Vladimir Leonidovich Levin has been held since February, when he was arrestedBloomberg Business News - 88 words
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Article65 1995-09-16 4 Reuter CANBERRA Moves to implement Apec's free trade plan are back on track, although agreement on key issues has yet to be reached, Australian Trade Minister Bob McMullan said yesterday. He said Australia remained confident that leaders of the Asia-Pacific Economic Cooperation forum, due toReuter - 65 words
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Article, Illustration63 1995-09-16 4 Reuter JAPANESE Prime Minister Tomiichi Murayama (right) going on a tour of the pyramids in Cairo yesterday. On Thursday, he discussed with Egyptian President Hosni Mubarak plans to expand Tokyo's role in the Middle East peace process. Talks also covered Japanese financing for an Egyptian project toReuter - 63 words
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376 1995-09-16 4 Bloomberg Business News WASHINGTON Pushed by Federal Express Corp and other air carriers hungry for Asian growth, American officials have renewed a year-long push for expanded aviation rights in one of the region's principal gateways, the Philippines. As talks opened in Washington,Bloomberg Business News - 376 words
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334 1995-09-16 4 AP WASHINGTON The United States has rejected Chinese demands for a total ban on visits by Taiwanese government leaders. The State Department on Thursday also brushed aside Beijing protests about a new issue troubling US-China relations, President BillAP - 334 words
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Article72 1995-09-16 4 AFP BEIJING The new president of the World Bank, James Wolfensohn, yesterday warned that plans by the US Congress to slash contributions to his organisation could have a disastrous effect on global aid programmes. He also told a UN conference that he would try to change theAFP - 72 words
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Article55 1995-09-16 4 AP CAMBRIDGE Stephen Hawking married for the second time yesterday, programming his vows into the voice synthesiser designed by his bride's former husband. The renowned physicist, pioneer of work on the Big Bang theory of the universe and paralysed by a progressive nerve disorder, married Elaine Mason atAP - 55 words
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COMPANIES & MARKETS
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EYE on your STOCKS
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Article19 1995-09-16 5 For next week's expected market sentiment, see BT's Sentiment Index on EL4 (Personal Finance <f Investment section)19 words
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Article, Illustration77 1995-09-16 5 Shiv Taneja - By Shiv Taneja ON the weekly RSI and Stochastics charts, STIC is a medium-term buy at its present level of $2.48. For the near term, the stock is heading into a period of consolidation, and investors looking for short-term gains could buy selectively on retracements. By Skb Tameja77 words
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Article, Illustration417 1995-09-16 5 Michelle Low - By Michelle Low FIRST Capital Corp has reported a 41 per cent rise in net profit to $112 million, as income from property development projects rolled in. The group's performance for the year ended June 30 which is much in line417 words
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361 1995-09-16 5 Agnes Wee - Interim earnings plunge 63% to 10.9 m despite 160% jump in turnover Agnes Wee HOTEL Properties Ltd (HPL) reported a fall in its group interim net profit by 63 per cent to $10.9 million, blaming it on losses incurred by its recent361 words
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Article74 1995-09-16 5 SINGAPORE Higher operating costs, increased depreciation charges and start-up losses at its new China operation pulled down Teck Wah Paper Products' interim net earnings by 50.8 per cent to $694,000 for the six months to June 30. But the Sesdaqlisted carton maker's turnover rose 16.474 words
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Article63 1995-09-16 5 SINGAPORE Poor market conditions dragged down the interim net earnings of Oakweil Engineering 71.2 per cent to $324,000, from $1.12 million in first-half 1994. The Sesdaq-listed firm had a turnover of $22.9 million, 38.7 per cent down from $37.4 million previously. Oakweil expects poor market conditions63 words
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66 1995-09-16 5 SINGAPORE Sesdaq-listed Super Coffeemix blamed high raw material prices for a 40 per cent fall in its net earnings to $2.08 million, from $3.49 million previously. Earnings dipped despite a 27 per cent increase in turnover to $26 million, from $20.5 million in first-half66 words
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65 1995-09-16 5 SINGAPORE Raw material costs were the cause of Broadway Industrial Group's interim earnings falling. The mainboard-listed packaging materials maker turned in first-half earnings of $441,000 a 67 per cent fall from $1.34 million previously. This was despite a 15 per cent rise in turnover65 words
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272 1995-09-16 5 Teh Hooi Ling - By Teh Hooi Ling SINGAPORE Hwa Hong Corp yesterday reported a 13 per cent increase in interim net earnings to $8 million despite a 31 per cent drop in turnover. The improved profit resulted from a larger contribution from associated companies in272 words
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719 1995-09-16 5 Leslie Lopez - HOCK LOCK SIEW -By Leslie Lopez JAKARTA Fancy investing in a company with consistently high returns, welltimed capacity expansions, long-term sales contracts and a top-notch management team? Indonesia's polyester producer, PT Indorama Synthetics, may be that tailormade stock. In a rare and almost deafening719 words
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345 1995-09-16 5 Jenny Lam - By Jenny Lam MAINBOARD-listed Wing Tai Holdings doubled net earnings to $83.9 million in the year to June 30, mainly due to its property division. Group turnover rose 77 per cent to $374 million. The bottom line was further boosted by an extraordinary gain,345 words
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Article136 1995-09-16 5 BANGKOK Thai mobile telephone operator Total Access Communication will launch an initial public share offer in Singapore on Monday. TAC, which has applied to join the main board, will be the first Thai firm with a primary listing on the SES. The shares are136 words
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COMPANIES
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414 1995-09-16 6 Loh Hui Yin - From Loh Hui Yin in BANGKOK SINGAPORE'S Alliance Technology and Development (ATD) yesterday signed an agreement to invest in a USS2S million (Ss3s million) underwater world theme park here and unveiled plans to develop a chain of them in the region. Executive director414 words
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207 1995-09-16 6 SINGAPORE Mainboardlisted CAM Mechatronic hopes to secure approval for the incorporation of a new subsidiary CAM Mechatronic (Philippines) Inc from the Philippine stock exchange commission by next month. The company said this yesterday when it disclosed that it was investing207 words
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237 1995-09-16 6 Bernama KUALA LUMPUR All legal suits involving Insas Bhd and Megapolitan Nominees Sdn Bhd and Ayer Molek Rubber Company Bhd relating to 540,00 Ayer Molek shares worth MJIS7 million (5589.4 million) have been withdrawn. Insas Bhd and Megapolitan Nominees counsel V Sivaparanjothi told reportersBernama - 237 words
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Article, Illustration338 1995-09-16 6 Agnes Wee - Talks on Yangon office, commercial project follow development of 2 hotels Br Agnes Wee SINGAPORE Straits Steamship Land is at an advanced stage of negotiations for a third property investment in Myanmar an office and commercial project in Yangon. This was announced yesterday338 words
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347 1995-09-16 6 MBT KUALA LUMPUR THE Securities Commission (SC) will require both issuing houses in the country to ensure that every stage of their operations is properly carried out to restore public confidence in the system, said its executive chairman Munir Majid yesterday. OrMBT - 347 words
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279 1995-09-16 6 Bernama KUALA LUMPUR Pan Malaysian Industries Bhd's proposed acquisition and mandatory cash offer for shares in Malayan United Industries Bhd will enable PMI to increase its long-term investments. Malaysian International Merchant Bankers Bhd, on behalf of PMI, said in a circular yesterdayBernama - 279 words
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73 1995-09-16 6 SINGAPORE Parkway Holdings said yesterday its Gleneagles Hospital (UK) Ltd, in which its wholly owned subsidiary Gleneagles International has a 65 per cent stake, had set up two general trading companies, Fleet ward and Wholebond. Parkway also said its wholly owned subsidiary Rylands Investment73 words
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Article44 1995-09-16 6 SINGAPORE Indonesian-led group Vasidon Holdings is making a general offer for all Asia Matrix shares and warrants not already owned by it or parties acting in concert with it. The offer is $1.10 in cash per share, $0.60 per warrant.44 words
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Article70 1995-09-16 6 SINGAPORE Aztech Systems said it successfully applied to the High Court of Singapore yesterday to strike out Silicon Systems Inc_s claim for U555.65 million (SsB.l million) against it. Unless SSI files an appeal within 14 days and is successful in that Aztech says it will70 words
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55 1995-09-16 6 SINGAPORE Goldtron directors said yesterday they were not aware of any takeover attempt on the company and knew of no n J or a sudden increase in its share price. Their statement followed a Straits Times report that said the company was rumoured55 words
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Article25 1995-09-16 6 SJNGAPOW: Singmarine Industries subsidiary Singmarine Dodqwd Engineering has completed and delivered a 6,500 deadweight tonne product tanker to local company Petroships.25 words
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Article550 1995-09-16 6 Maagm' pilui Sep 16 A 18 Mendaki Gr Fund 1.02 l.05id@ IMt Trust us Gr Fund i.it iji* The Commerce 1.53 1.64 U08 AlMt Mgt LM The Savings Fund 150 1.59 Unifund 1.41 1.47 S-pore Prof Fund 0 51 062xd Umbondi- 1.06 IjMS S pore See Fund 0.91 0.97 United550 words
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585 1995-09-16 7 Reuter NEW YORK International Business Machines Corp is considering a new round of job cuts that may eliminate 2,000 to 10,000 positions as the company prepares to finish costcutting efforts it launched two years ago, sources said on Thursday. Areas whereReuter - 585 words
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Article, Illustration334 1995-09-16 7 Reuter NEW YORK Certain directors of Turner Broadcasting System Inc are set to be in New York City early next week for cable industry events, making it likely the board will then vote on Time Warner Inc's US$B billion (SSI 1.5Reuter - 334 words
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354 1995-09-16 7 Reuter SYDNEY Corporate Australia, already swept by a As 7 billion (557.6 billion) "return to the Eighties" takeover boom, is bracing itself for more and bigger takeover action. Until two months ago, Australia had not seen a major takeover since US-based Campbell Soup Co'sReuter - 354 words
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240 1995-09-16 7 Reuter PALO ALTO, California Plagued by product delays and shortages, Apple Computer Inc warned investors that its fourth-quarter earnings would fall below expectations. The statement was a major setback for the company, which last month came up with a newReuter - 240 words
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88 1995-09-16 7 Bloomberg Business News HONGKONG Credit Lyonnais Securities (Asia) introduced a new index tracking the performance of 30 Chinese stocks listed on exchanges all over the world, the company said. The CLSA China World Index includes fourteen H shares, Chinese company. n Hongkong, and twoBloomberg Business News - 88 words
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101 1995-09-16 7 Reuter ZUWCH Union Bank of Switzerland (ÜBS) and Swiss Life/Rentenanstalt said in a joint statement yesterday that the two will work together in the insurance business, beginning on Jan I, 1996. The new venture will be called Allflnanz, the statement said: BothReuter - 101 words
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Article107 1995-09-16 7 Bloomberg Business News NEW YORK Goldman, Sachs Co said on Thursday it restructured part of its commodity trading unit, JAron Co. Traders familiar with the company said Aron reduced the size of a group that trades refined oil products such as petrol, and fired three traders.Bloomberg Business News - 107 words
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Article78 1995-09-16 7 Bloomberg Business News HONGKONG Hongkong Telecommunications Ltd issued a statement on Thursday denying its chief executive was about to resign, in an effort to quell speculation that a management shake-up at its London affiliate would reach Hongkong. In a break with its normal practiceBloomberg Business News - 78 words
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SHIPS IN PORT
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Article516 1995-09-16 7 ¥*y No tirtfc Will Piprtn gp'IIV?.* 114 n is. 09/1000 22 n 14.09/1500 (Bp amrnmm > n Jones* IS.09/0700 r*TL.** a *»f* 1109/2300 IT Ofhhon l/» m M *«pdt 1699/0900 P— 3 J4/5 Anisde 1109/0600 "J"* 112 1109/1300 J****" 1 */9 1109/0(00 "*«*/> 22/95 n/ Jonpdi 1109/0700516 words
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Article1483 1995-09-16 7 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Rtcard ftdb Wp Hi Bk/m KM fnm T. fnm taN 070 11/1100 3 16/0700 16/1159 16/1400 16/1200 16/1459 16/1700 to** »6A 17/0600 2A IS/1700 16/0659 16/0)00 3 16/0700 16/1155 16/1400 4 16/1200 16/1451 16/1700 *a Sw 187B 17/1800 2A 15/17001,483 words
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FINANCE & COMMODITIES
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488 1995-09-16 8 Bloomberg Business News, Reuter, AFP WASHINGTON The United States will continue to work with its partners in the Group of Seven leading industrial nations to support the dollar in foreign exchange markets, US Deputy Treasury Secretary Lawrence Summers said yesterday.Bloomberg Business News,; Reuter,; AFP - 488 words
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Article, Illustration446 1995-09-16 8 DBS Bank weekly currency report US$/mark THE US$ rallied to touch a high of 1.5048 on Thursday before strong selling on the •sirae day saw it collapse to a low of 1.4825. It then settled to trade around 1.4870 yesterday morning. The446 words
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115 1995-09-16 8 Reuter NEW YORK New York Mercantile Exchange (Nymex) has asked Coffee, Sugar and Cocoa Exchange (CSCE) to form a team to discuss Nymex's Aug 10 proposal that the two merge. "The Coffee, Sugar and Cocoa Exchange has termed our merger pro- posal as 'inadequate*Reuter - 115 words
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Article91 1995-09-16 8 Reuter SINGAPORE The Thai state-owned Petroleum Authority of Thailand (PIT) has awarded its eight-month term tender to buy 0.25 per cent sulphur gas oil to Malaysia's Petronas Trading Co (Petco), a PTT source confirmed. The cargoes are for delivery between October 1995 and May 1996,Reuter - 91 words
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84 1995-09-16 8 Bloomberg Business News SYDNEY Commonwealth Bank of Australia Ltd said it increased its stake in computer company Keycorp Ltd to 10.8 per cent from about one per cent. The bank lifted its shareholding by taking up a private placement of 2.7 million new shares inBloomberg Business News - 84 words
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125 1995-09-16 8 Bloomberg Business News MELBOURNE Australian Treasurer Ralph Willis says the nation's banks have agreed to abolish account keeping fees in line with a recommendation from the nation's prices watchdog. "Universally they are looking at removing the account keeping fee." He said that the currentBloomberg Business News - 125 words
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217 1995-09-16 8 Bloomberg Business News SINGAPORE Shell Singapore, a unit of Royal Dutch/Shell, said reports that low refining profits have forced it to mothball part of its Singapore crude oil refinery are untrue. Press reports this week suggested that Shell, which has already shut itsBloomberg Business News - 217 words
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191 1995-09-16 8 Reuter SINGAPORE Crude oil processing in Japan by Asian oil firms is increasing steadily and is likely to continue to rise as Asian economies grow, industry sources said yesterday. In recent months, Japanese refiners have been rushing to boost refining capacity despiteReuter - 191 words
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362 1995-09-16 8 Reuter HONGKONG Chinas crude oil imports plunged in August and September after it was flooded with cheap imported refined products and sellers are waiting anxiously for China to resume buying, industry sources said yesterday. "Our crude oil business has been 510w... between AugustReuter - 362 words
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241 1995-09-16 8 ENERGY REPORT Reuter LONDON Oil prices firmed further yesterday as traders fretted over possible supply disruptions to the United States posed by industrial unrest in Brazil and a Caribbean hurricane. North Sea Brent crude, the international benchmark, rose four centsReuter - 241 words
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Article195 1995-09-16 8 Reuter LONDON The dollar cruised above the 103 yen level at the European mid-session and looked ready to challenge this week's highs of 103.70/80 as an across-the-board yen sell-off gathered pace. Talk of a US hedge fund buying dollars for yen in large size helped to spark the dollar'sReuter - 195 words
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Article96 1995-09-16 8 AFP NEW YORK Traders took profit as the dollar rose on the strength of better than expected industrial production data. The dollar was also buoyed by comments made by Treasury Deputy Secretary Larry Summers who said the G-7 believed the dollar should rise. At 1425 GMT, the dollarAFP - 96 words
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Article, Illustration1208 1995-09-16 8 1 rade-*nxhtti/ index calculated a&umi Spar j lap 14 trading partner*. Bar year I9BS US$/S$ forward rates Noon Sep 15 s$ ■M Ofa 1-month 1.4311 1.4333 2-monch 1.42*2 1.4297 3-mowh 1.4252 1.42*7 6-month 1.4157 1.4177 Source: OCBC FOREIGN CURRENCY NOTE RATES At it »m m S# IS Slmaort 4oUirt to1,208 words
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COMMODITIES & FUTURES
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1171 1995-09-16 9 Reuter SINGAPORE Simex Euroyen and Eurodollar futures yesterday ended little changed in featureless trade. Dealers said that Euroyen activity was very quiet with Tokyo out on holiday. December Euroyen ended unchanged against its previous close at 99.46. March ended at 99.38 againstReuter - 1,171 words
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Article593 1995-09-16 9 The Japanese commodities markets were dosed yesterday - COMMODITY REPORTS The Japanese commodities markets were dosed yesterday Gold HONGKONG: Gold yesterday closed firmer at the day's high on mild short-covering after a day of very quiet trading due to the market holiday in Japan. Gold ended at U*****.50/ U*****.00 an ounce against593 words
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76 1995-09-16 9 TUNIS Algerian Energy Minister Amar Makhloufi said that Opec ministers who meet in November on production policies in 19% should reduce the group's present 24.52 million barrel a day production ceiling or at least renew it for a period to be determined. Algeria's decision76 words
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Relief grain for China's disaster areas
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Chapter13 1995-09-16 9 disaster victims and strive to keep grain price stable, according to the report.13 words
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Article76 1995-09-16 9 BEIJING The autumn grain harvest in China': Henan province is expected to surpass 16 millior tonnes, the ofTkial China Securities reported yester day. The total output of grain produced by th< province is predicted to exceed 33.5 million tonne this year, reversing the downward trend of the76 words
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Article68 1995-09-16 9 SYDNEY Australian wool sales recorded theii first gain in four weeks, with the eastern indicatoi rising three cents (about 3.3 S'pore cents) per kilo gram clean to A 56.85, and the western indicator up 12 cents to close at AJ6.48. The national average clearance rate68 words
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Article1407 1995-09-16 9 SICOM Futures (fataras dasJag as at 5.3tpa0 1 C—tract (S cents/kg) Cloae Volume Open Month High Low Sett (tonnes) Interest Oct 95 193. JO 117.00 190.00 275 1675 Nov IS9.50 117.00 188 00 300 1425 Dec 189.50 117.00 188 00 300 1375 Jan/Mar 96 186 00 184.50 1861,407 words
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REGIONAL STOCK MARKETS
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Article1035 1995-09-16 10 +14.8 SHARES closed higher yesterday after a weak start, gaining momentum from a recordbreaking run on Wall Street and a rally on US treasuries. "We had some very good indicators from offshore... and perhaps finally in the afternoon we just saw a little bit of momentum creep back into1,035 words
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Article536 1995-09-16 10 +25.94 Share prices rose on a car-ry-over from the market's rally over the past few days. The PSE Composite Index rose 25.94 points to 2,757.43. Turnover was 7.34 billion shares valued at 2.18 billion pesos. Dealers said the market's performance would have been stronger if a technical problem between536 words
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Article458 1995-09-16 10 +39.51 Share prices finished higher as investors bought at low prices. All eight major categories of shares posed modest gains. "Late buying interest helped the market recover from early losses," said a dealer. The 321-issue Weighted Price Index added 39.51 points to 4,995.53. Turnover was 868 million shares worth458 words
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Article447 1995-09-16 10 +19.92 Stock prices turned bullish, with market confidence growing over a promising year-end outlook on the bourse. The Composite Price Index soared 19.92 points to 985.64. Turnover was 51.86 million shares valued at 870.8 billion won. Rises beat falls 723 to 126 with 114 counters unchanged. Petrochemicals shares fared447 words
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Article316 1995-09-16 10 +2.30 Stocks were little changed as the central bank's stubborn determination to keep interest rates high tarnished the relative attractiveness of equity yields. The Reserve Bank of New Zealand on Thursday said shortterm rates are destined to remain above 8 per cent for the next two-and-a-half years. It316 words
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Article131 1995-09-16 10 +10.48 Export-linked shares rallied at the close after a sliding rupee was seen to boost their prospects, brokers said. "Hotel companies will be the biggest winner," said an analyst, "because their foreign earnings go straight to strengthening the bottom line." The 30-share BSE Index closed up 10.48 points to131 words
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WORLD STOCK MARKETS
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Article718 1995-09-16 10 •rv-4n*W M omkonvd m Hottgktmg Britannia Funds Starilag Cwk BM Offer Mini Cap DepoM *****0 HiiOO Mini Jtnrr G* 0.1193 0 1992 Mim ItalnM *0.9200 *09*00 USSCHk Income Pha FiMd ***** *10 3700 PS S Kobvc Fund *5.5*00 *3 5700 U4J92 ***** Far Eh Tm4 *17*50 ***** Mm Portfolio XI230718 words
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Article678 1995-09-16 10 •0.8 UK SHARES closed barely changed as disappointing US data and a lower Dow spoiled a market attempt to close at another all-time peak. Prices surged early on in fairly active business, boosted by Thursday's Wall Street gains and further takeover activity in the electricity sector. But the FTSE678 words
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Article167 1995-09-16 10 •12.40 French stocks, which had staged a dollar-inspired recovery earlier this week, turned lower at the end of trading as the dollar slipped and concerns about the French budget loomed. "There's a sense that there's no way the government can deliver what the markets are hoping for in this167 words
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Article198 1995-09-16 10 +15.27 German shares held most of their earlier gains in postfloor Ibis trade and were Kised to rise further on the :k of the steady dollar. "This positive trend is really sticking in," said a trader. "It looks like the dollar is heading straight for 1.50 marks." The DAX198 words
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Article159 1995-09-16 10 +2.56 Belgian shares ended slightly higher after heavy trading which set a new volume record of 7.21 billion francs. The Bel-20 Index closed 2.56 points higher at 1,489.04 after threatening at to test the 1995 intra-day high of 1,493.75 following pre-expiry basket buying. "Basket selling set in as they159 words
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Article158 1995-09-16 10 +73 Italian shares ended higher with heavy institutional buying seen on the last day of the monthly Milan account, while underlying support came from the firmer tone to the domestic bond market and lira strength. Olivetti slipped 1.19 per cent to 1,332 lire despite a large end-of-the-account short squeeze158 words
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Article226 1995-09-16 10 +0.66 Dutch stocks rose, closing at a record high for the third consecutive day, boosted by a rising dollar and expectations of interest rate cuts. The EOE Index rose 0.66 point to 472.72, led by insurer Aegon, chemical maker Akzo Nobel and brewer Heineken. Among the 25 stocks, 14226 words
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Article236 1995-09-16 10 +13.8 Swiss shares gained strength in the course of the day to closed higher, supported by a favourable interest rate environment, a stable dollar and an inflow of foreign capital. Marked gains in insurers and some industrials as well as technical factors, also helped pull shares higher, dealers said.236 words
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Article355 1995-09-16 10 +12.0 South African shares ended mixed after a volatile day dominated by futures-relat-ed trade which saw gold shares see-sawing to a lower close and industrials ending mildly firmer, dealers said. Good buying unrelated to futures was seen at the lower gold share prices, a dealer said. 'There s been355 words
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Article236 1995-09-16 10 -7.20 Stocks fell in volatile early trading due mostly to triple witching in Canadian and US stock markets. The TSE 300 Composite Index eased 7.20 points to 4,575.50 on volume of 11.8 million shares valued at Csl7l million. Declining stocks outpaced advances 174 to 144, with 236 issues unchanged.236 words
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Article842 1995-09-16 10 -13.38 US stocks fell as technology issues withered on concern that earnings won't continue rving fast enough to satisinvestors. Trading volume swelled as options and futures expiration drove demand for stocks. Technology shares melted after Apple Computer warned investors that earnings will be "significantly" below estimates and Oracle842 words
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Article, Illustration2427 1995-09-16 11 Bloomberg Business News HONGKONG Stocks rose for a third session yesterday, driving the main index to a one-year closing high, as investors again bet declining interest rates will bolster corporate earnings. Conglomerates and property issues drove the index up 1.2 per cent. Together with gains of more than oneBloomberg Business News; Source: Bridge Info - 2,427 words
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Article, Illustration484 1995-09-16 11 CLSA IN Hongkong, the H share index lost 5.61 points to 1,064.12 on turnover of HKSIO.2 million. Shanghai Petrochem dropped 2 per cent on turnover of US$3 million on news of the closure of one of its production lines. The best performer was Dongfang, up 4.4 per cent. ActiveCLSA - 484 words
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Article, Illustration1380 1995-09-16 11 Reuter BANGKOK Stocks yesterday surged on the most active day in nearly two months as market confidence grew along with trading volumes in the past three days. The SET Index advanced 22.16 points to 1,337.62 on 10.7 billion baht turnover, the busiest day since July 19. Gainers led losersReuter; Source: Bridge Info - 1,380 words
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Article, Illustration1091 1995-09-16 11 Reuter JAKARTA Indonesian share prices closed marginally lower yesterday after late profit-taking in selected cigarette shares trimmed away early gains made on fresh foreign interest in the market, dealers said. "It's a bit of a mixed picture. There is more money coming in...but the cigarette stocks were sold downReuter; Source: Bridge Info - 1,091 words
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Article2319 1995-09-16 12 iaa« Gr Or If* V«4 On LaMQaoto Dtr Dir YW N*t MCif S>* Crnmm Sale CM) Hfch Lam Bayer Sdkr CVf P/E Safl MALAYSIAN STOCKS *1! ABB 50c <00 -4 SI 406 400 391 404 J O -2.9 0 2 410.2 1" 5 MOI AMPBSOc 92.5 id unch2,319 words
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KUALA LUMPUR STOCK EXCHANGE
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Article, Illustration6194 1995-09-16 12 Bloomberg Business News KUALA LUMPUR Stocks were little changed yesterday as gains by United Engineers Malaysia (UEM) balanced declines by Malaysian Airline Systems (MAS) after one of its planes crashed in Sabah. The KLSE Composite Index rose 0.33 point to 993.53. The Emas Index rose 0.37Bloomberg Business News; Source: Bridge Info - 6,194 words
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STOCK EXCHANGE OF SINGAPORE
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Article8423 1995-09-16 13 Lad Vd Day Laat Qaata M Dh nl IW Cap Aqj WW Lot Siaa Salt (4M) High Urn bmrrt Sate ft O M SaZ Prke MOUSTKML AND COMMERCIAL 210 IW I23t Acs SOc US IMoi -2 1154 ||7 112 116 117 Hi M7 9 520 3*2 at 1000 Acan 50c8,423 words
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Article, Illustration1843 1995-09-16 14 R Sivanithy - By R Sivanithy SINGAPORE It was a firm day all round yesterday on the local stock market yesterday, with the most significant features being a renewal of interest in blue chips and a continued rebound on Sesdaq. Malaysian over-the-counter stocks also did better,Charts by Bridge Info; Source: Bloomberg - 1,843 words
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Page 5 Advertisements
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Advertisement238 1995-09-16 5 NEWS VALUE Tokyo tanks forced to pay more in world intortank ■■rtntl (pg 1) Market forces at work, but situation likely to be temporary. US dollar chalks up 15-month high before falling tack (pg 1) Dollar has more upside than downside, given the indecisiveness of Japanese leaders on how to238 words
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Advertisement965 1995-09-16 6 _B_U_S_JLJSIJS S S TIMES TOLL-FREE TEL. No. 1-BQO-741-1883 _FAX:7AI«f /multttwaocs m lt®\ (to Members' Voluntary 1 'TilifaP'w) NOTICE n HEREBY QfVEN puauant to SacOon 308(2) of tie Companiee Act. Cap 90 Out tha FM MaaMng of Via members of me abovenamad Company will to haid at 11 Wattan Riaa Singapore965 words
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Advertisement6 1995-09-16 6 Singapore Business Giving you tbe winning6 words
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Advertisement69 1995-09-16 6 BUSINESS TIMES TOLL-FREE TEL. NO. f-800-741-1883 FAX: 741-1298 J I A well-establishedfurniture manufacturer and distributor seeks REGIONAL I OPERATIONS EXECUTIVE University graduate Preferably 5-8 years managerial experience in similar capacity Able to travel and must know the region well Proficient language ability, especially in English and Mandarin Interested applicants are69 words
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Advertisement11 1995-09-16 8 J- v I*®* 4 For nerrc-rsckiiig Ghost Stocks, i9®iEiSll§Bßi i J11 words
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Page 9 Advertisements
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Advertisement66 1995-09-16 9 FREE INVESTMENT SEMINAR TOPICS -INVESTMENT STRATEGIES LICENSED \7/T?srll investment advisers w^ ioman^ SEPTEMBER 19, 1995 BRITISH CLUB STUART ROOM 7:30 PM CALL NOW FOR RESERVATIONS, LIMITED SEATING POYNTON ASIA PTE LTD PHONE 536-S7lB FAX 536-8728 Computer, btc. Young Parents -When you want the best for your children Dreamland "Know Wfiat66 words
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Advertisement7 1995-09-16 9 The Nikkei futures market was closed yesterday7 words
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Advertisement19 1995-09-16 9 As and when the latest LmtmJ Rotterdam prices are aot available, the previous trading day's closins figures are carriedtastead19 words
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Page 10 Advertisements
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Advertisement25 1995-09-16 10 A quick look at the markets. ■I For Financial News, call 1900-913-0001, 188 at 30 cents a minute. The Stockholm market report was not available.25 words
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Page 11 Advertisements
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Advertisement41 1995-09-16 11 I Young Parents I When you want the best I for your children The Tokyo stock market was closed yesterday To crack the safe or enter Mrs Wizard's crystal ball, call Tele Games on 1900-911-0003, at 30 cents a minute %>. 141 words
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Page 12 Advertisements
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Advertisement45 1995-09-16 12 Celebrating Singapore's Enterprising Spirit Be part of the Enterprise 50 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. Busmesflimes45 words
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Page 13 Advertisements
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Advertisement46 1995-09-16 13 r chroders lias fund managers throughout the regfion keeping fcm, an eye on these and other companies. jitet Find out more about the Sckroder Soutk East Asia Fund, the Sckroder Singapore Trust gBGp and tke ScKroder Worldwide Property Fund ky calling 534-4288. Or (ax 536-6626. %!S!iAr46 words
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Page 14 Advertisements
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Advertisement208 1995-09-16 14 I l 45-mln cruise from Jf eau^ r destined to be an irresistible fl draw for holidaymakers. This tranquil Riau |i isle sprawling Bintan indulge the troopings you in our lifestyle Exdusive! JUm I WD l®"h°te championship golf courses at Btntan Lagoon were vs. 3| :jk I designed by a208 words
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Advertisement52 1995-09-16 14 Singapore Closing Share Pricos 15/00/1996 CLOM PfWV LOW MMH gillie im IMA Uli MM F S) g* '•*> T.ll 7.10 7.30 rmwl j"*".' *•*> a.to xib ua kSBKJ S HL i 4 Emma ZZZiZ*. ts. iT i 2 u— 0.41 QM *jm Published by Jardme Remmg International Securities Urmted (Incorporated52 words
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Executive Lifestyle
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Article, Illustration1028 1995-09-16 15 Margaret Thomas - Margaret Thomas joins 30,000 women from 180 countries and all walks of life at the NGO Forum in Beijing Margaret Thomas DONT LIKE saying this, but you shouldn't believe everything you read or see in the media. Take the NGO (non-governmental organis.JL, ation) Forum that ran morePhotos: Margaret Thomas, Design: Ben Cruz - 1,028 words
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STRAWS N THE WIND
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Article106 1995-09-16 15 THE TRAVEL guides say this is the best time of year to visit Beijing the days are getting cooler and there's seldom any rain. But what the 30,000 or so women who gathered for the NGO Forum at a lakeside resort area near Beijing found was not refreshing106 words
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Article91 1995-09-16 15 SECURITY was strict at the Beijing Olympic Stadium where the opening ceremony for the NGO Forum was held, and long queues formed at the entrances as police checked invitation cards and searched bags. Already irritated by the crowding, one woman got more annoyed when her small bottle91 words
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VIEWPOINT
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Article, Illustration1913 1995-09-16 16 S N Vasuki - Malaysia Inc is basically about feedback, says Francis Yeoh, managing director of construction firm YTL Corp Bhd. And the country owes much of its economic success to the close partnership between business and politics, he tells S N Vasuki THE RAFFLES CONVERSATION A fortnightly series supportedPhoto by Arthur Lee - 1,913 words
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Article692 1995-09-16 16 Francis yeoh is acutely aware that in some parts of South-east Asia, doubts still persist about the loyalties of the ethnic Chinese community. However, he recalls that as a child, his father would regularly tell him that he should always regard Malaysia, and not China,692 words
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Article695 1995-09-16 16 FRANCIS YEOH had an early start in the family business with his father teaching him the basics by visiting construction sites and supervising contracts on every school vacation. But Mr Yeoh senior felt it was not enough. "My father told me and my brothers when we were695 words
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OPINIONS
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Article, Illustration831 1995-09-16 17 LEON HADAR - Military hero is 'hot' bet to win US presidential race next year to be first African-American president LETTER FBCM WJUMBTON LEON HADAR WHEN political strategist William (Bill) Kristot predicted early this week that retired General Colin Powell would be nominated as the Republican party's presidential831 words
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394 1995-09-16 17 J Chen - LETTER TO THE EDITOR J Chen BY EVERY criterion, Singapore has arrived. In its youthful 30 years, it has achieved more than what many coimtries foiled to do in 300 years. I cite a few instancyir Economy: Singapore enjoys a higher394 words
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652 1995-09-16 17 Sree Kumar - It's time travellers benefited from cheap-ticket revolution, says Sree Kumar Sree Kumar The writer is a partner in a regional consulting company THE travel agents association, Natas, must reassess its conclusion that limiting the number of travel agents and disallowing price discounting will lead652 words
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PERSONAL FINANCE & INVESTMENT
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BULLS EYE
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Article, Illustration548 1995-09-16 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 WI Carr. Buy! GK Goh (Sep 14) Parkway Holdings. While the interim results due548 words
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Article, Illustration474 1995-09-16 18 David Carbon - David Carbon Fixed Income Economist Peregrine Fixed Income UT) EGIONAL trade and current acA X. count balances will show marked deterioration in. 1995 from 1994, which was already a year of sub-par performance. In some cases, the deterioration will be severe. If the past is any guide,474 words
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Article, Illustration774 1995-09-16 18 R Sivanithy - By R Sivanithy AND so it has come to pass Clob International, that most speculative of markets, the segment which thrives on rumours and syndicate manipulation, will continue in its present form. Or will it? This seems to be the current dilemma facing market774 words
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851 1995-09-16 18 Genevieve Cua - Genevieve Cua takes an informed guess at what drove the tycoon to fight tooth and nail for Yeo's Genevieve Cua AVING face" was a phrase often bandied about by analysts throughout the tense 11-week tug-of-war for beverage851 words
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Article, Illustration1321 1995-09-16 18 Alec Almazan - How will the region's airlines fare in the face of high passenger load factors and greater Asian affluence? Alec Almazan reports Alec Almazan AFTER five bad years, the airline industry is coming out of a prolonged recession and most Asian airlinesSource: Bloomberg - 1,321 words
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Article, Illustration1213 1995-09-16 19 India in and out of investment fashion Surinder Kathpalia thinks India has what it takes to make a comeback soon in attracting foreign funds THE Indian Finance Minister Manmohan Singh opened up the economy in late 1991 to foreign investors with attractive tax incentives. However, it vns not until late1,213 words
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Article, Illustration609 1995-09-16 19 Ruth Wong - Ruth Wong analyses the unresolved political and economic issues bogging down the market Eye on the region: Malaysia Ruth Wong THE Stock Exchange of Singapore's announcement of a novel solution to have scripless trading on Clob International gave the languishing MalaysianSource: Bridge Info - 609 words
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LEISURE
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Article, Illustration1348 1995-09-16 20 Jay Khosla - If all the world's a stage, Tan Kay Ngee could well be its set-designer extraordinaire. Jay Khosla meets the man who speaks of his buildings and interiors as if they were spatial props that amplify the human experience Jay Khosla The writer is a freelance journalist who contributedPhoto by Dennis Gilbert - 1,348 words
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Article594 1995-09-16 20 David Mok - Wehfehts By David Mok COMPUTERS and music don't mix. Not usually, unless of course you are into synthesiser music or like to surf the Internet. For those in the latter group, the Internet is really a goldmine of information on music. Whether you want to locate594 words
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Article, Illustration1184 1995-09-16 21 Goh Hwee Leng - Edmund Tie talks to Goh Hwee Leng about an exhibition that brings together his three major passions his career, art, and charity work Goh Hwee Leng The writer is a freelance journalist who contributed this article to Executive Lifestyle. Perhaps it's in his name, but EdmundPhoto by Chris Loh - 1,184 words
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Article, Illustration472 1995-09-16 21 CORINNE KERK - By CORINNE KERK INDECISION must have afflicted the makers of The Perez Family. How else can one explain the ridiculous swings in the film's direction? Director Mira Nair (Mississippi Masala, Salaam Bombay!), didnt seem able to decide if the film should make a thought-provoking statement on472 words
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EPICURE
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Article, Illustration811 1995-09-16 22 CORINNE KERK - Bon Appetit By CORINNE KERK THERE'S something about the menu at Papa Joe's Grill, Cantina and Bar, with its colourful drawings of tomato, corn-on-cob, capsicum and onion on the cover, that reminds you of those psychological tests you can't shake off the feeling811 words
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Article, Illustration718 1995-09-16 22 Emma Wharlow - Emma Wharlow introduces master chef Anton Mosimann, who will be cookifig at Maxim's next week Emma Wharlow The writer is a freelance journalist who contributed this article to Executive Lifestyle WISS master chef Anton Mosimann is a born enthusiast. For food, for health, for enjoyment,718 words
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Article815 1995-09-16 22 N K YONG - Wine By N K YONG IF WE ARE to judge from the way wine prices have been escalating in the past 12 months, sometimes by as much as 10 per cent monthly, the "hottest" vintages in clarets now are 1982 and 1990, and to a815 words
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PEOPLE
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Article, Illustration207 1995-09-16 22 Shiv Taneja - -By Shiv Taneja SINGAPORE Torrential rains which lashed the partially covered atrium of (JOB Plaza on Sunday, Aug 6, weren't about to dampen the spirits of those present to celebrate a double event the official opening of the building by Senior Minister Lee207 words
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Article, Illustration1042 1995-09-16 24 Apsis 13. Tom Hanks and his crew shoot for the moon and miss. The earthbound try to get them home. Lido: 11; 2.30; 6; 9. Changi: 4; 6.45. Jurong: 3.30; 9. Hougang: 1; 6.30. Yishun: 10.10; 12.55; 340; 6.25; 9.10; 11.55; 2.40 am. Bishan: 10.10; 12.55; 3.40; 6.25; 9.10;1,042 words
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Page 15 Advertisements
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Advertisement150 1995-09-16 15 I Search for the I ■sunken city? Get movingjfl I Call Usborne 1 I Puzzle Adventures 1 I on 1900-910-0002, I I at 30 cents a minute. I mH jK*^ Aviibblc e*ciusi*Hv fINGAPOU: tatotry* 433 Oicbanl Road, «OS-42, Wi«n Atria, Singapore 0923. Tct 753 7111 S9I Orrhard Road. #0110 Takashimaw150 words
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Page 17 Advertisements
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Advertisement188 1995-09-16 17 'i/itl 111 FIRST IN REAL VALUE: GET A FREE ZAAP® PUTTER WITH EVERY PURCHASE OF TOMMY ARMOUR SILVER SCO"fBsss IRONS The Tommy Armour Silver Scot 855s Irons are Kappa series putters have a a new level of confidence your menc insert that incredible balance. advanced perimeter They're engineered to have188 words
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Page 18 Advertisements
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Advertisement133 1995-09-16 18 Mfflrarfl tC. y/ the weekly Stock Technical indicator report delected muhpik r signals for the week ended July 21 |QQQp MlTljx Ik on Innovest It oours again for the week ended tf: J§ ,u| y 28 with multiple buying signals on the KLSE at $0,575. Given thai it is due133 words
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Advertisement367 1995-09-16 19 Batwesw Km buds and the hurt, Mm stock nwHut Is a Jungli. You nood all tho haJp you can gat fending your |H way through It Tha placa far reliable achrica and Information la liniaslmsiil Fair *05, organised by tha Stock Exchanga off Singapore. Hara you can open a COP367 words
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Advertisement109 1995-09-16 20 22 23 September 199s Kallang Theatre apm Season TRIPLE BILL I IWo Mew Exdtlng Wortis: I- Passages' by Timothy Gordon to music by Rmri Shanhar phtttp Glass (World Premiere/ I Double Contrasts 'by Gob Choo San to Poulenc Concerto for 2 Pianos (Singapore Premiere) Exultations It by Paul Ocampo to109 words
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Advertisement97 1995-09-16 21 K>r (J'(J The snakes may have two ties but the concrete jungle. H^JjAflPfl^LH footed. So a soles more ?*M^^ broker, making them some To find out what world A tantalisingly tasty menu which Ja renowned chef Anton Mosimann includes many of Mr Mosimann's -^M«^ can do for you, simply make97 words
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Page 22 Advertisements
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Advertisement312 1995-09-16 23 111 ssilisa J where to wine, dine and entertain r HCT HWStt #QiP HSWM4 CMP-, f OufrtMoii ElHtx SpVntlVf W#IIWVWIV 911 IV fIBF 10% iff fir ttsl pyvut J twi. J Just spend $500 and abo* witoin 6 (norths at any of our outlets lo qualify for our gold card312 words
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Advertisement256 1995-09-16 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 end 3% GST For reservations, please call 737256 words
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Advertisement205 1995-09-16 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 special also includes karaoke at Singsation. High-Tea: $13.00 (adult) 8 00 < chi,d > Hi-Tea: $19.00 (adult) M Suhyect O%«tVKC205 words
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Advertisement361 1995-09-16 23 MORE THAN JUST SEAFOOD! IKllSnmmmm^M HIi^HBGHjHBiW Besides live sekfood, Singapore's largest I outdoor seafood restaurant offers the Instant Asia Cultural Show at no extra charge! Available from 8 pm to 8.40 pm, Mondays to Fridays. 5 SIR6P \Ffil seafood restaurant 920 East Coast Parkway, Singapore 1344. Tel: 343 1111 BUTIgkFLY361 words
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Advertisement322 1995-09-16 23 I fancy Heijing? I Then, we're delighted to suggest the Pine Court for a memorable dining experience. Our lunch menu offers a variety of dian fin 'Beijing dumplings, a selection of set menus, and 'Beijing specialities HjlcyV suck os 'Beijing 'Baigd Tench and jffig, Marinated Lamb, fancy some nowf CHINESE322 words
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Page 24 Miscellaneous
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Miscellaneous2104 1995-09-16 24 TODAY'S TV VSTTryjIMMS 7.30 A Century of Posters. 7.00 Borita Semasa, ABM. Mystery Of The Senses Isa Imm n. Marrying M... 7.30p m Ciaema Ci«ma Ck«, 2pm. OU Chs 9.00 HeaMiquest 9.00 Borita Soousa. Alec Baldwin is a suave charm- Movies featured this week are in oo p rMn i«r2,104 words
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Miscellaneous249 1995-09-16 24 RADIO Ciwpinr Of The Month, BBC, impassioned ecstasy alternating Saturday, 1.30pm with troughs of depression. Musicologist, educationalist, Th' s ,ed t0 some of the musical innovator and com- world's greatest music. This poser of countless masterpieces programme looks at the love- Bela Bartok was all these ''f e of composers249 words
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