The Business Times, 11 November 1995

Microfilm: NL20492
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MTTA (P) 194/12/94 85c SINGAPORE Internet: http://www.aslal.com.sg/biztimes WEEKEND EDITION, NOVEMBER 11-12,1995
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  • Article
    MARKET SUMMARY
    64 1 sni 2,07L74 (-18.17) BTOOMP U3L74 (-13.60) BT-MOA *****6<-7.18) STOCK MAXKET INDICES Friday Changp ST1I 2,071.74 -18.17 KLSECOMP 899.47 -4.47 NIKKEI 17.843.56 -22.52 HANG SENG ...J.411.85 -85.98 SET INDEX 1,192.47 -19.31 JAKARTA COMP 474.5® -6.82 MANILA COMP ......2,414.69 .-47.06 TAIPEI WPI 4,694.96 -22.52 SEOUL COMP 965 -4.96 BOMBAY BSE30.
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  • Article
    FINANCE
    68 1 EXCHANGE 1ATES US$ SI USI 1.411 I U77 1225 DM 0.709 1.000 Y100 0,995 1 m MS. 0,195 0.557 BAHT 0.040. 0.056 RUPIAH 0.044 0.062 FUME BATES SINGAPORE* 8.44 KUALA LUMPUR 7.96 JAKARTA 17.50 BANGKOK 13.50 MANILA 11.00 HONGKONG... 9.00 TAIPEI 8.01 SYDNEY 10.75 TOKYO .180 SEOUL- 12.00 ZURICH"
    68 words
  • Article, Illustration
    Lock icon Indonesian bid fires up trading in UPP shares
    478 1  -  Frenzied buying sends stock to all-time high of $&20 before it eased to close np 86 cents By. Lee Han Shih [SINGAPORE] Lacklustre paper merchant United Pulp and Paper Co Ltd (UPP) has overnight become the only timber play in town. Frenzied
    Source: Bloomberg; Compiled by BT; JEN CHUA  -  478 words
  • Article
    SES makes surprise scrip check on DBS remisiers
    371 1  -  Exchange says it's a routine survey bat remisiers say it's a raid By] Paul Leo [SINGAPORE] Remisiers of DBS Securities called it a raid. The Stock Exchange of Singapore said it was no more than a routine survey. "The inspection team was
    371 words
  • Article
    Lock icon £60m for the ultimate London home
    252 1 Bloomberg Business News [LONDON] For Sale: Renovated home in central London. Off-street parking, indoor pool, three gyms, 20 bedrooms, 51 baths, indoor waterfalls and palm trees, palace view. Only billionaires need apply. Discriminating buyers with a spare £60 million ($133 million) can bid for
    Bloomberg Business News  -  252 words
  • Article, Illustration
    Lock icon 3Q housing prices stayed firm
    436 1  -  Volume dips, prices may end 1995 with 7% rise against 1994'542% By- Abdul Hadhi [SINGAPORE] Prices of private residential property rose 1.5 per cent in the third quarter, despite a further easing in the volume of transactions. The Urban Redevelopment Authority's property price index figures
    CHRIS LOH; Source: JEN CHUA  -  436 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      164 1 msPB V J Moseonif bbumbbi By the year 2000, there will be six museums in Singapore's Civic District, all housed in landmark old buildings. So how is the transition from monument to museum shaping up? Pf ELI MEWS VALUE UP? fever grips stack market, this pg. What can the SES
      164 words
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      Page 1 Advertisements Column 2
      184 1 jil Metropolitan Brief #5180 $665 Court Bag #9870 $415 16* x II" x 3" 9V«"x7'/i"x Coach. An American Legacy. In the legacy began York City loft with workers handcrafting a select line of fine natural leathergoods To this day, every I product made by j attention to detail. From bags,
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Jakarta plans to let Singapore cars on Bintan and Batam
      346 2  -  But new rules will be meant only for heyday-makers, says Cemmonicatiens Minister Baryanto By Rahita Elias REGULATIONS allowing holidaying Singaporeans to drive their cars in Bintan and Batam are likely to be introduced next June or July, Indonesian Minister of
      ARTHUR LEE  -  346 words
    • Article
      Woh Hup venture clinches checkpoint tender
      350 2  -  Tnas checkpoint to cost $369 m, $19m less than base tender By Siow Li Sen A Woh Hup-led joint venture has won the tender to build the Tuas Checkpoint with a bid of $387.8 million 8.2 per cent lower than the next lowest bid.
      350 words
    • Article
      Airfare offer lifts number of Aussie tourists
      117 2 MORE Australians visited Singapore in September, largely because of two-for-one fare offers from Perth by British Airways and Singapore Airlines. The offer coupled with competitively priced packages could have resulted in the increase, the Singapore Tourist Promotion Board said. In its latest tourism
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    • NEWS Boundup
      • Article
        CPF Board to lower interest rates
        82 2 THE Central Provident Fund will lower the interest rate on the savings of its members for the first six months of 1996 to 3.52 per cent per annum from 3.82 per cent in the six months to end-December this year, it announced yesterday. The
        82 words
      • Article
        Body Shop,Aware team up for campaign
        73 2 THE Body Shop, in conjunction with Aware (the Association of Women for Action and Research) will start a two-week public education campaign on family violence today. A public opinion poll on the topic "That family violence is a public problem, not a private one"
        73 words
      • Article
        8 firms join Private Label Trade Show
        49 2 EIGHT Singapore food and beverage companies are taking part in the exclusive Private Label Trade Show to be held in Chicago from tomorrow to Wednesday. Singapore's participation—organised by the Trade Development Board—is the first time the Republic has taken partin the event
        49 words
      • Article
        Launch of Case Sarina at Sims Avenue
        56 2 PROPERTY firm Edmund Tie &Co will start marketing the 138-unit Casa Sarina freehold condominium in the Sims Avenue area today at prices averaging f750 per aq ft, after a 10% discount. Unit sizes range fromBB7 sq ft to 1,432 sq ft. The project
        56 words
    • Article, Illustration
      Hongkong sees Singapore as Asean stepping stone
      394 2  -  By: Lu Ning THE Hongkong government has opened an office here to use Singapore as stepping stone into Asean. The director of the new Hongkong Economic and Trade Office, Thomas Tso, told BT the Hongkong government had no plan to set up similar
      394 words
    • Article
      Montreal bank moving from Tokyo
      228 2 Decision to mm most operations here made early this year THE Bank of Montreal will move most of its Tokyo operations to Singapore, its local branch director and general manager Marc Vandal confirmed yesterday. "The decision to move from Tokyo (to Singapore) was made early
      228 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      673 2 (Incorporated in the Republic of Singapore) HALF YEAR FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT HaJf Year Financial Statement on consolidated results for the six months ended 30 September 1995. These figures have not been audited. PROFIT LOSS STATEMENT THE GROUP THE COMPANY 1995 1994 OR 1995 1994 ♦OR$•000 rooo $*000 rooo
      673 words
    • Advertisement
      Page 2 Advertisements Column 2
      8 2 Taiwan garment firm opens Bintan plant, Pg 4
      8 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      196 2 CRYPTIC CROSSWORD dining-room (8) 5 American lawyer backing evil 1 I 10 counsel (6) that extra cash (9) H MH IS B flf K~~ 13 Swell central Winchester street 19 Topping investment for women! —■■l" i criminal (6) ZjBLjBL—I--29 A portion^ mackerel 8A" admission about making tea sion (6) and
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT SENTIMENT INDEX (Nov 13-17)
        664 3 Those polled for their views on the Singapore stockmarket's outlook the week ahead are: Alliance, Baring, Daiwa, Fraser Securities, GKGoh, Deutsche Morgan Grenfell, Phillip, Credit Lyonnais, SG Warburg, Merrill Lynch, WI Carr. Boy! Hour (Haas The counter is trading at an undemanding PER of lOx
        664 words
      • Article, Illustration
        In my opinion...
        344 3  -  Jeffrey Lee Managing director Albed Phillip Capital Minipmmt Ltd C I A espite the disI I mal perfor--1 J mance of the Asia-Pacific stock markets this year, we are confident that the growth story in Asia remains intact. The underlying strong economies in Asia-Pacific offer investors great
        344 words
    • Article
      Cement stocks: what's solid?
      783 3  -  Industry outlook is upbeat amid infrastructure boom but investors should pick with care By I Siow Li Sen [SINGAPORE] STRONG regional growth in building and infrastructure construction means that cement stocks though few in number—could make an interesting investment choice. But picking the winners among them
      783 words
    • Article
      Don't expect a stag on GPE
      673 3  -  Fond managers and institutions likely to take long-term view By David Mok [SINGAPORE] BUY mainboard-aspirant GPE Industries' shares for long-term growth prospects, backed by a solid management team. But don't expect a stag. Analysts say interest in electronics firm GPE's initial public offering is
      673 words
    • Article, Illustration
      Lock icon Now, even cheaper clubs clobbered
      311 3  -  By\ Shahiron Sahari [SINGAPORE] AS in September, none of the clubs in The Business Times Golf Index were spared a thrashing in October which meant yet another new low for the monthly index. The BT Golf Index, which tracks the advertised membership prices of eight
      ALLAN  -  311 words
    • Article
      Unit trust peformance ranking
      628 3 Next publication date: Dec 9,1995 Lamtk Itfc 1 ■tin lyr ly 1 yn wmrnmm omw tenanlMkltMi MUI 355 -Mi LM -%JM Ul Credit Lyonnais Singapore Gr 28.07.69 -5.89 10 -13.04 10 0.90 3 -17.63 9 -15.68 10 97.64 2 OCBC Saven Capual Fund 27.04.87 -3.22 3
      628 words
    • Article, Illustration
      Lock icon No good tidings on Thai bourse
      472 3  -  From. Alan Boyd in Bangkok INVESTORS are seeking refuge in blue chips as Thailand's stock market continues to fall. Observers now see little chance of a recovery before the end of the year. Banks and finance firms which are among the few liquid stocks
      ALLAN  -  472 words
  • Page 3 Advertisements
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  • REGION
    • Article
      Japan banks to get more government supervision
      460 4  -  TOKYO Regnlators and banks to adopt arm's length relationship in aftermath of Daiwa scandal By Anthony Rowley JAPAN'S finance ministry last night unveiled measures to boost the supervision of Japanese banks at home and overseas and to bolster international confidence in the nation's
      460 words
    • Article, Illustration
      Lock icon Roll's in-law questioned over real estate deals
      296 4 SEOUL AFP, Reuter PROSECUTORS yesterday freed a business tycoon in-law of former president Roh Tae Woo after 48 hours of grilling about allegations that he invested Mr Roh's illegal millions in real estate for the expresident. The questioning of Shin Myung Soo, the
      AFP,; Reuter; AFP  -  296 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1465 4 QTY FU6HT ETA FU6HT ETP SQJ75 1W0 VM74Q 1410 AMpMa QF061 TOO 0f002 2050 Hatyal MW93 2000 TG408 0820 my pop TG407 2105 MM94 1630 Amtortom K1843 0545 GA696 0130 ii'lil S0W7 1720_S0978 0145 SO346 2330 Ho CM VN741 1310 VN740 1410 S0025 0645 MMlOtv S0173
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    • Article
      Lock icon Rupiah slides to all-time low over Mexico worries
      244 4 JAKARTA Investors selling Indon holdings to buy other currencies: traders Bloomberg Business News THE Indonesian rupiah fell to an all-time low as worries about the stability of the currency persuaded investors to sell Indonesian holdings and buy other currencies, traders said. "There's
      Bloomberg Business News  -  244 words
    • Article
      Lock icon China's energy needs rapidly outpacing supply
      253 4 BEIJING Reuter CHINA gave dramatic evidence yesterday of its troubling energy gap, saying nonrenewable energy output had grown just 3.4 per cent a year since 1991 whUe consumption far outpaced that with growth of 5.6 per cent. China's unrelenting dou-ble-digit economic growth has fuelled
      Reuter  -  253 words
    • Article
      Lock icon Stable yen will benefit Japanese economy: EPA
      119 4 TOKYO Reuter THE recent stability in the yen-dollar exchange rate is expected to have a good effect on the Japanese economy, Economic Planning Agency (EPA) Minister Isamu Miyazaki told a news conference yesterday. Japan's production, which has been faUirtg, may have hit bottom
      Reuter  -  119 words
    • Article
      Taiwanese garment firm opens US$1m Bintan plant
      148 4  -  U SINGAPORE By\ Genevieve Cua THE sprawling Bintan Industrial Estate received a vote of confidence yesterday from a Taiwanese garment firm PT Tung Mung Textiles, which has taken up space in the park. Tung Mung, which makes polo T-shirts and knitwear, invested US$l
      148 words
    • NOTE Book
      • Article
        Lock icon Tokyo passes bill on share buy-backs
        55 4 Reuter [TOKVt)] Japan's parliament as expected, peseed a bill freezing the so-called denned dividend tax for tike next three years, government official* aakL Tha tax leon shareholders of a firm baying back its own shares on the market. The measure aims to encourage bay-backs
        Reuter  -  55 words
      • Article
        Lock icon Nine firms plend guilty to bid-rigging
        95 4 Reuter [TOKYO) Nine Jepanaee elaeli U. alu unpen tee end lg people have pleaded guilty to charges of bid-riggtng on public works pntfscts, Japanese madia reported. A Tokyo High Court spokesman confirmed that the court had held a first eeesion of the trial. The
        Reuter  -  95 words
      • Article
        Lock icon Jiang's Seoul visit will boost ties
        67 4 Reuter [BEIJING] China's President Jiang Zemin is to visit South Korea next week in a move analysts said yesterday would boost ties while further cooling Betting's comradeship with Seoul's arch-rival, Pyongyang. Mr Jiang la scheduled to begin his five-day historic visit on Monday, the
        Reuter  -  67 words
      • Article
        Lock icon S Korea's first casino
        67 4 Bloomberg Business News [SEOUL] After months of wrangling, the government has decided to allow South Korsa'sflrat casino for both foreigners and locals to open aft remote eastern town that used to house coal mines. In a cabinet meeting yesterday, the government passed a bill designating Sabuk
        Bloomberg Business News  -  67 words
    • Article
      Lock icon China, US make little headway on Beijing's entry into WTO
      205 4 BEIJING Reuter THREE days of Sino-US trade talks ended without progress yesterday with China refusing to budge on its World Trade Organisation membership drive and the United States saying compromise was essential. "The US' asking price is still very high,"
      Reuter  -  205 words
    • Article
      Lock icon China orders a crackdown on a grave problem
      151 4 BEIJING Reuter CHINA has ordered a crackdown on a booming industry in luxury cemeteries, saying a flood of overseas Chinese buying graves in the motherland is consuming valuable land, the China Daily said yesterday. The Ministry of CivU Affairs has Issued a
      Reuter  -  151 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      90 4 POONESBURY GARRY TRUDEAU michael 17 ah awful PL£Asa J.J..HCW I Ji&rsuPFvsepm thing TO PO TO YOU IpIEASEM WANT TO n mm IST \\COULP>OUU TDBEABEAU-U WITHOUT TELUNG YOU. [PONT, p SAY YOU'LL 1 MB EXPLAIN' POSSIBLY MTIFUL.UTTW I SEE THAT NOUJ. I COME TO jrr^rnH^TpT^PTTl imowWHAT you're thinkPSLJ SOMETHING TRUTHFUL ING-THATI
      90 words
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  • THE WORLD
    • Article
      Clinton govt warns of debt default next week
      364 5  -  WASHINGTON Congress urged to approve a hike in US$4.9 trillion borrowing limit By Leon Hadar THE Clinton Administration has warned that the US government would default on its debt next week unless Congress approved a hike in its US$4.9 trillion (556.9 trillion)
      364 words
    • Article
      Lock icon Approval for Clinton at 18-month high
      276 5 WASHINGTON Lead over Republican presidential frontrnnner widens AFP PRESIDENT Bill Clinton's approval ratings have jumped to their highest level in 18 months and he has widened his lead over Republican presidential frontrunner Senator Bob Dole, a new poll showed •j yesterday. The USA Today/CNN
      AFP  -  276 words
    • WORLD Watch
      • Article
        Lock icon Major at odds with Commonwealth
        56 5 AFP [AUCKLAND] Commonwealth leaders yesterday condemned nuclear tests and demanded their immediate end, but British Prime Minister John Major angrily attacked the protest and disassociated himself from it The statement on disarmament was issued at the end of the first day of the four-day Commonwealth
        AFP  -  56 words
      • Article
        Lock icon Paris seen raising taxes
        82 5 Reuter [PARIS] France's conservative government, stepping into a minefield over welfare reform, is expected to announce what may be the most unpopular measures in years next week when it unveils plans to curb social security spending. Government sources say Prime Minister Alain Juppe is likely to
        Reuter  -  82 words
      • Article
        Lock icon Blackmail attempt on Spanish king
        59 5 Reuter [MADRID] King Juan Carlos was dragged into the maelstrom of Spain's political crisis yesterday when the authorities decided to investigate reports that two disgraced financiers had tried to blackmail the monarch. The ruling Socialist Party of Prime Minister Felipe Gonzalez appealed to all parties
        Reuter  -  59 words
      • Article
        Lock icon Croatian-Bosnian accord to be signed
        78 5 AFP [WASHINGTON] Croatia and Bosnia were set yesterday to sign an agreement strengthening their alliance as part of the latest bid to bring peace to Bosnia-Hercegovina and the rest of the Balkans. A senior US official said the accord would be signed at 1.30 pm
        AFP  -  78 words
    • Article, Illustration
      Lock icon Air for Rabin
      40 5 [TEL AVIV] A violinist surrounded by memorial candles plays mourning music on the spot where Israeli prime minister Yitzhak Rabin was gunned down last Saturday. Police have now arrested five people in connection with the assassination. REUTER
      REUTER  -  40 words
    • Article
      BOE looking at need to reopen probe
      289 5  -  LONDON By: Neil Behrmann The Bank of England is considering whether to reopen its investigation into the potential culpability of former senior executives of Barings, the merchant bank that collapsed. In a speech in Tokyo, Brian Quinn, executive director of banking supervision of
      289 words
    • Article
      Lock icon Peso slides but investors aren't rattled
      164 5 ■LONDON Reuter FOREIGN investors in Mexico are holding steady despite the peso's slide, analysts said yesterday, seeing little hope of US help this time round but drawing some cheer from a rare intervention by Mexico's central bank. The United States and the International Monetary
      Reuter  -  164 words
    • Article
      Lock icon Mexico: the debt market's barometer
      190 5 LONDON Reuter MEXICO triggered the Third World debt crisis in the 1980s, was the first to be bailed out, and now, near the first anniversary of its catastrophic peso crisis, its troubles are back to haunt debt traders. This time, analysts are not predicting a
      Reuter  -  190 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      210 5 PTV LTD Vmdtr ImUmctUm ln« O— ti AHwlh'i Mafr Packaging fiipmki W KIIM WIIMB ~1 1 Hl»mitMO MMmMft MACHINIS orramc invited in paat or in whole Opportunity for MARKET ENTRY or to complement existing manufacturer'} capabilities. FOAM (HOT DRINK) CUP LINE Complete manufacturing plant to produce a range of "CFC
      210 words
    • Advertisement
      Page 5 Advertisements Column 2
      70 5 BUSINESS OPPORTUNITY VANCOUVER, CANADA Established Canadian computer hardware and software retailer. Ideal as a franchising opportunity. Average annual sales of $2.5 million (CDN). Solid corporate/private customer base. Busy location. Excellent potential for growth. Sale price $500,000 (CDN). Serious inquiries only. Direct all responses to The Raber Mattuck Group, Chartered Accountants,
      70 words
    • Advertisement
      Page 5 Advertisements Column 3
      20 5 The Allied Phillip Asia Pacific Growth Fund. Offer ends 22 Nov. '95. Allied Phillip capital management limited Standard ft Chartered
      20 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Revamp at DBS aims to sharpen its business focus
      492 6  -  Three women among five officers made EVP in reorganisation &y Conrad Raj [SINGAPORE] To boost its performance and prepare for the next century, DBS Bank has reorganised its management and promoted five of its officers to the rank of executive vice-president.
      492 words
    • Article
      Rothmans interim profit down 13%
      197 6 [SINGAPORE] The Republic's anti-smoking drive continues to take its toll on Rothmans Industries, which suffered another drop in interim earnings and turnover. Group net profit for the half-year to Sep 30 slipped 13.6 per cent to $18.2 million on a 7.2 per cent decline in
      197 words
    • Article, Illustration
      Astra's got oomph even without a comeback by Om William
      654 6  -  HOCK LOCH SIEW By William Chia TALK of a comeback by PT Astra International founder William Soeryadjaya has fired the imagination of investors. They have chased the company's shares all the way to 3,800 rupiah (552.36) on the lacklustre Jakarta
      654 words
    • Article
      EML says its four-month turnover was over $3.5m
      167 6 [SINGAPORE] Troubled videotape maker Electro Magnetics Ltd, whose shares have been suspended since early July, said last night that its turnover in the four months from July to October was $3.56 million, compared to $3.93 million for the six months ended June
      167 words
    • Article
      Sunright surges to 12-month high of $1.24
      155 6 [SINGAPORE] News this week of a $10 billion investment by government-backed Chartered Semiconductor Manufacturing helped push up the shares of semiconductor firm Sunright yesterday. Sunright, which makes and tests semiconductors, saw its share price climb to a 12month high of $1.24 on a
      155 words
    • Article
      Kian Ho manages only modest gains on debut
      346 6  -  Counter opens at day's high but quickly falls back for net gain of only 10% By: Diana Oon [SINGAPORE] Kian Ho Bearings dashed the hopes of stags yesterday when it moved up a mere five cents on its Sesdaq debut, joining recently
      346 words
    • REGIONAL COMPANIES
      • COMPANY Briefs
        • Article
          HPL's Fantasy Island shares at $1 each
          78 7 {SINGAPORE] Hotel Properties Ltd said the subscription price for its stake of 15.06 million shares in Fantasy Island Pte Ltd issl per share. It also owns 750,000 shares at $1 each in HPL 21-Holdings. a wholly owned subsidiary of HPL Leisure Holdings. The
          78 words
        • Article
          SPP replies to SES query
          40 7 [SINGAPORE] In a reply to a Stock Exchange of Singapore query, SPP Ltd said yesterday it was not aware of any unusual circumstances leading to the increase in turnover and price of the company's shares.
          40 words
        • Article
          LC Dev in the dark over price jump
          40 7 {SINGAPORE] LC Development said last night it is not aware of the cause of the increase in the company 1 s volume and share price yesterday, in answer to an SES query.
          40 words
        • Article
          RDC unit forms property company
          49 7 [SINGAPORE] RDC Land, a subsidiary of Resources Development Corporation, has formed a Singapore company called ROC Moulmein Development. The new company, which will have property development as its principal activity, has a paid-up capital of 12 which will subsequently be increased to $1 million.
          49 words
        • Article
          Apology
          134 7 IN A report which appeared in The Business Times weekend edition of June 17-18, we reported that Mr Sukamto Sia faced a US$ll million law suit in Hongkong and other related statements. In another report headlined "How long will the magic of Kotjo last?" in The Business Times weekend
          134 words
      • Article
        Lock icon No trade by Sun Hung Kai's Jakarta unit for two days
        130 7 Bloomberg Business News [JAKARTA] PT Sun Hung Kai Securities, the Indonesian securities arm of Hongkong's Sun Hung Kai Co, hasn't made a trade on the Jakarta Stock Exchange in two days, an exchange official said. The firm handled an
        Bloomberg Business News  -  130 words
      • Article, Illustration
        Thai minister gives assurance on baht as stock prices plunge
        381 7  -  From] Loh Hui Yin in Bangkok AMID a free-fall in the Thai stock market yesterday and persistent talk that the baht would be devalued, Finance Minister Surakiat Sathirathai said Thailand's trade-weight-ed foreign exchange policy will remain. "I confirm we will
        381 words
      • Article
        Lock icon YTL to invest M$250m in Cambodian project
        178 7 AFP [KUALA LUMPUR] Malaysia's construction group YTL Corp Bhd yesterday unveiled plans to invest an initial Ms2so million (Ssl39 million) in a 10-year tourism development project in Cambodia. "The project involves development of the Siem Reap Tourism Development Zone, two super-deluxe hotels, a
        AFP  -  178 words
      • Article
        Lock icon Tenaga may report profit down by 15%
        422 7 Earnings drop may boost its chances of getting a rise in rates, say analysts Bloomberg Business News [KUALA LUMPUR] Malaysia's biggest power company, burdened with new competition and waiting for an increase in its rates, will likely report earnings as much as 15
        Bloomberg Business News  -  422 words
      • Article, Illustration
        Lock icon Hicom share price may be hit by govt's sale of stake
        550 7  -  Complicated deal to make G&dek biggest shareholder expected to halve Hicom's NT A to Ms974m From Ho Kay Tat in Kuala Lumpur THE Malaysian government's sale of a 32 per cent stake in Hicom Holdings Bhd to businessman Yahaya
        FRANCIS  -  550 words
      • Article
        Lock icon Merpati to split from Garuda in 1996
        221 7 Reuter [JAKARTA] Indonesia's Merpati Nusantara Airlines is expected to be separated from its parent Garuda Indonesia early next year to boost the performance of both companies, a Garuda official said yesterday. "A team consisting of officials from Garuda and Merpati is still working
        Reuter  -  221 words
      • Article, Illustration
        Flextech confident of meeting analysts' forecasts
        412 7  -  Analysts expect net earnings to hit $3.4 m for the year By\ David Mok [SINGAPORE] Having sold its stake in a loss-making US associate, electronics group Flextech Holdings is confident of meeting analysts' expectations for its full-year earnings and is planning to expand parts
        412 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Coca-Cola, Disney in landmark advertising agency venture
        295 8 New deal brokered by Disney boss Ovitz, who 4 years ago engineered Coke's revival NYT [NEW YORK] Coca-Cola Co is shocking Madison Avenue again by forming a joint advertising venture with one of its biggest marketing partners, Walt Disney Co. They will operate
        NYT  -  295 words
      • Article
        Lock icon Broken Hill loses bid to prevent hearing on landowners' claim
        217 8 PNG owners seek damages for river pollution Bloomberg Business News [MELBOURNE] Broken Hill Proprietary Co Ltd has lost its bid to prevent an Australian court from hearing damages claims brought against the company by Papua New Guinea landowners. The landowners
        Bloomberg Business News  -  217 words
      • Article, Illustration
        Lock icon Sega blames lower profit on slow overseas sales
        278 8 Reuter [TOKYO] Sega Enterprises Ltd blamed profit declines in the first half of this business year on sluggish sales of video game hardware and software in the US and European markets. Earlier, Sega announced that its parent current profit in the six
        Reuter  -  278 words
      • Article
        Mingly may up National Foods stake
        221 8  -  From Surinder Singh in Sydney HONGKONG-BASED Mingly Corp could raise its stake in National Foods of Australia again, this time to 19 per cent from 14.9 per cent. But the company was silent about making a takeover bid. said National Foods managing director Graham
        221 words
      • Article
        Lock icon IBM slashes another 1,200 jobs to cut costs
        166 8 Bloomberg Business News [ARMONK, New York] International Business Machines Corp has cut 1,200 jobs in the US as part of its continuing effort to cut costs. The job cuts affected 11 divisions within IBM, and some operations were also consolidated, said IBM
        Bloomberg Business News  -  166 words
      • Article
        Lock icon Sports vehicles boost Japan car makers' profits
        135 8 Bloomberg Business News [TOKYO] Perhaps the clearest message from Japanese car makers earnings announcements was this: a hit sportsutility vehicle can make a big difference these days in Japan's maturing car market. Mitsubishi Motors Corp, one of the leaders in Japan's rapidly expanding
        Bloomberg Business News  -  135 words
      • Article, Illustration
        Lock icon News Corp hit by rating downgrades
        246 8 Bloomberg Business News [SYDNEY] News Corp shares declined as much as 24 cents to a six-month low of A 56.35 yesterday after several US brokers downgraded the media company's investment rating. The downgrades by Merrill Lynch and Salomon Brothers followed the company's announcement this
        Bloomberg Business News; FRANCIS  -  246 words
      • GLOBAL Briefs
        • Article
          Lock icon Robert Kuok quits as TVE deputy chief
          57 8 Reuter [HONGKONG] TVE (Holdings) Ltd said Robert Kuok had resigned as deputy chairman and non-executive director of the company from Nov 1. It gave no details on the resignation of Mr Kuok, also the chairman of South China Morning Post (Holdings) Ltd. A
          Reuter  -  57 words
        • Article
          Lock icon Guoco places 5% of Dao Heng Bank
          64 8 Reuter [HONGKONG] Guoco Group Ltd will place 32.30 million shares or 4.92 per cent ofDao Heng Bank Group Ltd at HK526.20 per share with unidentified independent investors, the companies said in a joint statement. Guoco will also subscribe for 43.86 million new shares,
          Reuter  -  64 words
        • Article
          Lock icon Netscape completes Collabra acquisition
          58 8 Bloomberg Business News [MOUNTAIN VIEW, California] Netscape Communications Corp said it completed its acquisition of Collabra Software Inc for U*****.4 million (*****.4 million) in stock, expanding the reach of its Internet software into corporate computer networks. The acquisition lets Netscape improve its Internet software to handle
          Bloomberg Business News  -  58 words
        • Article
          Lock icon Regent Fund buys Li stake in Pioneer
          63 8 Reuter [HONGKONG] Regent Fund Management Ltd told die stock exchange it now holds 43.97 million shares or 13.64 per cent of Pioneer Industries International (Holdings) Ltd, which has interests in hotels, property and securities. Pioneer said on Thursday that tycoon Li Ka-shing had
          Reuter  -  63 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon See-saw day for peso
        59 9 [MEXICO CITY] An employee updating the rate board at an exchange house on Thursday. The peso broke its fall in mid-morning after a see-saw day. It rose 20 centavos in both 24- and 48hour trade to close at 7.50/7.6oand 7.55/ 7.65 to the dollar, respectively, after
        Reuter  -  59 words
      • Article
        Lock icon Short-fibre paper pulp price slipping on spot markets
        330 9 Pulp market may be in balance, depending on how the newsprint market moves Reuter [STOCKHOLM] The price of short-fibre paper pulp on the Asian spot markets has traded as low as US$4OO (Sss6B) per tonne in recent weeks, industry sources said on
        Reuter  -  330 words
      • Article, Illustration
        Lock icon Technical direction mixed for US$
        379 9 USS/nurk: US$/Dm rose steadily from a low of 1.4086 on Monday to touch a high of 1.4258 on Thursday. However, the rally was short-lived and the unit dipped on Thursday night to a low of 1.4040. It was trading around the 1.4130 level yesterday morning.
        Source: DBS Bank; ALLAN  -  379 words
      • Article
        Lock icon London is still world's top financial centre
        486 9 It has 30% of world's forex market while closest competitor New York has 10% Reuter [LONDON] London's financial district has seen a string of British banks fall into foreign hands this year but nevertheless the City is set to end 1995 in fine
        Reuter  -  486 words
      • Article
        Lock icon Bank of France cuts key interest rate, eases borrowing
        260 9 Reuter [PARIS] The Bank of France rewarded the government for putting deficit-fighting at the top of its political agenda by relaxing lending terms and cutting a key interest rate on Thursday. The action followed President Jacques Chirac's dramatic move on Tuesday
        Reuter  -  260 words
      • Article
        Lock icon KL's new credit card guidelines
        439 9 Card issuers must allow for at least 20 days interest-free credit for new retail transactions Bernama [KUALA LUMPUR] Bank Negara Malaysia yesterday announced new guidelines which require credit card issuers to allow all new retail transactions an interest-free period of at least 20 days from
        Bernama  -  439 words
      • Article
        Lock icon Oil rally loses steam but prices fairly stable
        292 9 ENERGY REPORT Reuter [LONDON] Oil prices remained fairly stable despite shedding around 10 cents as the recent rally ran out of steam. Benchmark North Sea Brent crude December futures were down seven cents here at U5516.58 a barrel at 1630 GMT. The
        Reuter  -  292 words
      • Article
        Lock icon CURRENCY REPORT
        151 9 Reuter Ijomfam THE DOLLAR remained under pressure at around 100 yen in morning European trade with the market jittery about the US budget talks and possible impact on the dollar of further falls in the Mexican peso. The US debt ceiling issue and Mexican peso crisis, previously discounted
        Reuter  -  151 words
      • Article, Illustration
        Untitled
        1232 9 DfTBBBAinL CORRA8HCT RATES 4pm, Nov 10 Against Against USS Against S$ Against VSS Currencies IW Offtr BM Offer Currencies Mi Offer Hi Offtr French franc 28.9718 *****3 4J463 4.8*88 Local dollars to one unit of foreign currency: Hongkong doHer 16.23 18.25 7.7JJS 7.7145 Australian dollar ***** ***** 0.7380 0.7385 Mom*
        1,232 words
    • COMMODITIES & FUTURES
      • Article
        COMMODITY Reports
        949 10 [KUALA LUMPUR] Tin price on the KLTM was unchanged at M 515.95 per kg, with dealers saying the market undertone was steady with the London market also closing unchanged. Bids amounted to 46 tonnes while offers were at 50, with final turnover at 46 tonnes. Buyers were mainly
        949 words
      • Knight-Ridder Commodity Summary
        • Article
          Aluminium stocks delivered to S'pore
          106 10 [LONDON] Yesterday morning's 22,375-tonne rise in London Metal Exchange aluminium stocks was caused by an expected big shipment of metal into Singapore, but also reflects a trend of destocking that could see inventories rising for some time to come, analysts say. Yesterday morning's LME stocks
          106 words
        • Article
          German grain intervention season
          109 10 [HAMBURG] The grain intervention season started on Nov 1 with large offers despite the high price level, said a spokesman at the German intervention board. During the first days through Nov 9, a total 710,969 tonnes of grains were offered and registered against 664,254 tonnes during
          109 words
        • Article
          Total aluminium inventories down
          56 10 [LONDON] Total aluminium inventories fell 96,000 tonnes to 3.688 million tonnes in September from 3.784 million tonnes in August, according to provisional figures released yesterday by the International Primary Aluminium Institute. Total unwrought aluminium inventories in September fell 75,000 tonnes to 2.085 million from 2.160 million
          56 words
        • Article
          Germany importing more cocoa
          58 10 [HAMBURG] German cocoa imports in July totalled 46,434 tonnes, significantly up from year-ago's 24,227 tonnes, the Federal Statistics Office said yesterday. However, Jan-Jly imports reached 170,653 tonnes, below year-ago's 185,710 tonnes. In July, by far the largest amount, 30,081 tonnes, was shipped from Ivory Coast, followed
          58 words
        • Article
          EU rule makes export tax possible
          62 10 [LONDON] The European Union has published a regulation making it possible for a tax to be imposed on exports of common wheat, when tenders resume on Thursday. The tax is an alternative to an export refund, or subsidy. The new regulation simply inserts the
          62 words
        • Article
          India's soymeal shipments delayed
          47 10 NEW DELHI] Triggered by a jump in rice exports, port congestion and a railroad wagon shortage are delaying soymeal shipments from India. As a result, soymeal cargoes are piling up at the processing centres while ships wait in western Bedi and Kandla ports.
          47 words
      • Article
        Lock icon SIMEX Report
        1123 10 Reuter [SINGAPORE] Simex Japanese government bond (JGB) and Euroyen futures ended firm as the overnight call loan rate traded lower, but dealers said gains would be capped near present levels. "Euroyen looks awfully expensive around here. I would want to get out of my long positions at these
        Reuter  -  1,123 words
      • Article
        COMMODITY PRICES
        1239 10 aOOMrOTURBB Nov 10 RURKR (Mures ctostef ts tt 5.30pa) US$1 CONTRACTS reotWM) O0M VotMM Opt* MMtfl Mfft WW 5fu \WiHS/ wllftlt Dac 95 232.00 202$ Jan 96 231.75 229.00 ***** 225 I32S FM96 231.75 229.00 230.50 225 1375 Mir 94 231.75 229.00 230.50 200 1390 Apr/JM 9ft 232.00
        1,239 words
    • REGIONAL STOCK MARKETS
      • Article
        Tokyo
        2262 11 ♦2152 STOCKS were mixed as better-than-expected profit figures from electronics giant Sony offset a drop in the dollar and negative earnings figures from the nation's top real estate company. After big losses last year, Sony said its international operations bounced back into the black in the second quarter, thanks
        2,262 words
      • Article
        Sydney
        696 11 -&6 Stocks dropped as the Australian dollar and bonds fell and earnings downgrades by analysts triggered a fall in News Corp. "The market followed the bonds and the currency sell-off," said a trader. Building materials companies were lower as a rise in Australia's jobless rate to a seven-month high
        696 words
      • Article
        Seoul
        501 11 -4J6 Stocks fell for a fourth day, led by electronics makers, on concern that global semiconductor supply would exceed demand by 1998. Lingering fear that several large exporters could be punished if implicated in ex-president Roh Tae Woo's slush fund scandal also pushed down share prices.' "Growing political uncertainties
        501 words
      • Article
        Bombay
        138 11 -30.0 Share prices closed lower even though trading failed to resume after a power cut at about 11am. "If the rupee goes down further, by another 10 per cent, investors could be looking at a loss of 25 to 30 per cent on their investments in India considering stock
        138 words
      • Article
        Manila
        369 11 -47.06 Stocks slid to a seven-month low on that concern doubledigit inflation would boost interest rates. The PSE Composite Index fell 47.06 points to 2,414.69, its lowest since April 5. Trading reached 1.05 billion pesos. Class B shares of San Miguel fell 4.50 pesos to 80, the lowest in
        369 words
      • Article
        Taipei
        334 11 -2152 Shares closed lower as major market players retreated to the sidelines. "The market was undergoing a downward consolidation with the approach of the Dec 2 parliamentary elections," a dealer said. The 321-issue Weighted Price Index fell 22.52 points to 4,694.96. Turnover was 543 million shares worth NT$l6.6 billion.
        334 words
      • Article
        Wellington
        374 11 ♦7J7 Shares ended moderately higher on healthy volume, with most of the driving force coming from leaders Telecom and Fletcher Challenge. The NZSE-40 Capital Index ended 7.17 points higher at 2,199.75 after starting the day in negative territory. Telecom ended the day three cents higher at NZ56.54 after hitting
        374 words
    • WORLD STOCK MARKETS
      • Article
        London
        603 11 -1&2 SHARE prices closed lower, but off their lows, as Wall Street recovered partially from earlier losses. The FT-SE 100 Index closed 18.2 points lower at 3,523.4. Volume was 483.2 million shares. Dealers said shares were pulled off lows by a partial recovery from earlier lows on Wall Street
        603 words
      • Article
        MORGAN STANLEY CAPITAL INTERNATIONAL INDICES
        313 11 toMOT mm mm* «#r «ir %*r %n w»K> amm aw» amy o—t» Qw» aw World *****3 So 53 M 53Sj t CATC 9Ml4 44 U U U U hnn 577J -a* 74 4» M 1U NcMc 1WJ -0J -U u -U M r trust Wi
        313 words
      • Article
        New York
        780 11 -17.71 Stock prices headed lower in sluggish trading early yesterday, coming under pressure from weak treasury bonds and profit-taking. The Dow Jones Industrial Average, which gained 11.56 points on Thursday, was down 17.71 points to 4,846.52 at 11am EST. The NYSE Composite Index, which rose 0.42 point in
        780 words
    • Article, Illustration
      Lock icon HONGKONG
      2482 12 AFX-Asia Q Hang Seng jjjjJg HONGKONG share prices closed lower but off lows, with heavy trade dominated by fu-tures-related activity. "The cash market was dominated by futures, which is now showing signs of stabilising," said a dealer. "Some bargainhunting surfaced, but only by a very small number of cautious
      AFX-Asia; FRANCIS  -  2,482 words
    • Article, Illustration
      Lock icon CHINA
      683 12 Reuter F1 Shanghai B Share Index 474 SHANGHAI B shares closed higher on a technical rebound supported by institutions after losing successively for seven trading days and hitting a six-month low on Thursday. Brokers said despite the gain, market fundamentals did not change much and the index was likely
      Reuter  -  683 words
    • Article, Illustration
      Lock icon BANGKOK
      1198 12 Bloomberg Business News □SETMn -im THAI stocks fell to their lowest since late April, led by property shares, on concern that a high inflation rate would keep interest rates high and reduce profits. "There's still a lot of downside," said a trader. "The economic numbers are nasty and so
      Bloomberg Business News; ALLAN  -  1,198 words
    • Article, Illustration
      Lock icon JAKARTA
      1060 12 Bloomberg Business News fl Composite Index -182 INDONESIAN stocks dived to their lowest in more than five months as foreign investors, worried about the stability of the rupiah, dumped shares. The Composite Index fell 6.82 points to 474.59. Worries about the depreciation of the rupiah persuaded investors to trim
      Bloomberg Business News; B CRUZ  -  1,060 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Index dips below 900 on ringgit worries
        6768 13 KUALA LUMPUR Reports Bloomberg Business News POompogtolndei -4.47 MALAYSIA'S benchmark stock index dropped below 900 for the first time in nine months amid worries that the ringgit may fall. Shares and warrants of some Malaysian banks also fell because of concerns that the
        Bloomberg Business News; ALLAN  -  6,768 words
    • WARRANTS & OPTIONS
      • Article
        A bargain may not be a good deal
        3551 14  -  WARRANT WATCH By R Sivanithy "BARGAIN HUNTING" is a common but often overused term in the stock market. Indeed, there isn't even agreement on what constitutes a "bargain" the fact that someone is prepared to sell something for much less than a
        3,551 words
    • Article
      CLOB INTERNATIONAL
      2024 14 Or Or IMS Last V«4 My Laat Ouata Mw Mv VM Nat M Cap Hlg Law St— C~n—ay Bala COOP) HM» L— 8«y*> SaBar Pw >/l tm* 471 m WOC AISB50C 302 <d nek 3* 5* 250 55 3N U U 53 **5 B7 74 5001 AMOeSOc 7*5
      2,024 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1253 15 —|y a m S 5 M« M4> 2.M2 MKT WM Mg JV& t ggggg 4jn sm Sm Mg 1. J* 4 45 —i i nwM 4«» 1 S 5*11 NM J i J 2 1 J J SSS5, o o I I I I t 1 (EST* 12 O J
        1,253 words
      • Article
        MAIN BOARD
        4155 15 Of or mm MM Laet V* Day Last Omte Dk lb W M Cop *»f w» u. «tw» c.mpsny rood w» t— cnt P/t w mm mm 210 176 1258 Acer yv UST85 56 186 1B4 182 185 306.3 B m w 450 438 440 442 ts is
        4,155 words
      • Article
        SESDAQ
        751 15 Or Or mm ims Lat Vtf Bar n« m* vh mi Ca» a** nmi l— «w ci«»iv u* room tm u■ —yar cv w t— w«» HSMi Wi 1 f 322 40 2000 AMHM«iSc 302 "tO 483 310 290 300 302 HO U OJ (S.7 133.6 306 269 SO
        751 words
      • Article, Illustration
        HOT STOCK
        63 16  -  By Paul Leo LC Development soared nine cents to $1.19 on a sudden surge in buying interest 2.43 million shares changed hands compared to 323,000 units the prfvi-. J ous day. The stock is overbought and likely to undergo a short-term correction before any substantial rat-lt ly occurs.
        63 words
      • Article, Illustration
        Few speculative plays but general mood is pessimistic
        890 16  -  STOCK MARKET COMMENTARY Late support for Malaysian bine chips proves insufficient to shore up market By R Sivanithy [SINGAPORE] Apart from a handful of Indonesian-related speculative plays on second liners, the broader market yesterday continued on its recent downward spiral. Late support,
        890 words
      • ON THE GRAPEVINE
        • Article
          Brokers busy cleaning drawers
          81 16 NEWS that stock exchange inspectors are going around opening drawers of reraisiers in what the exchange said is a normal routine audit has sent many a broker and remisier scurrying to empty their drawers of any offensive magazines, especially those with a bunny for a mascot.
          81 words
        • Article
          Buy the P-P's
          86 16 EVER come across the phonetic punters? They made their debut in the stock market yesterday following the frenzy for UPP shares on news that three Indonesian tycoons are making a bid fcr the company. Brokers say three counters —SPP and PPP (Pan Pacific Public Co) and Nippe(craft)—
          86 words
        • Article
          Takeover fever in the air
          168 16 SEEMS like the takeover fever is set to continue for a while. The market was abuzz with talk yesterday that Indonesian conglomerate, GedJah Tunggal, was aggressively accumulating Stamfbrd Tyres shares. Analysts say a takeover bid would make sense as GadJah Tunggal is also an established
          168 words
        • Article
          UPP:More cash for Prajege?
          71 16 A STOCKBROKING firm said Prajogo Pangestu's takeover of UPP represents the Indonesian tycoon's first foray into the local market He will own die biggest stake in UPP under the takeover terms. Mr PraJogo, who controls the Jakarta-listed Barito Pacific group, had big plans for Malaysia-lised CASH
          71 words
        • Article
          Hongkong firm eyes Pan Pacific?
          56 16 ANALYSTS say a Hongkong party is interested in taking over Pan Pacific Public Company. But in response to a Stock Exchange of Singapore query this week, the oompany said there are no pending major developments in its aflkirs "likely to have a significant effect on
          56 words
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      Page 6 Advertisements Column 1
      477 6 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 Pharmaceuticals Manufacturing CHINA Apotex Fermentation Inc., acting on behalf of the Board of Directors of tie Qingyuan Blue Treasure Pharmaceutical Co. Ltd., is seeking candidates for tie position of: PRESIDENT/GENERAL MANAGER Blue Treasure is a multinational joint venture company established to manufacture
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      Page 6 Advertisements Column 2
      16 6 A quick look at the markets. For Financial News, call *****01, at 30 cents a minute.
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      1062 8 TOLL—FREE TEL. No. 1-eOO-"7AI-1883 FAX:74I-1298 THE COMPANIES ACT, CAP. 50 IST SOURCINGS TRADINGS PTE LTD (m Hunt in Voluntary Uquldeto) At an Extraordfriary General Meeting of the abovenamed Company duly convened and held at 10 Anson Roed •25-15 International Plaza Singapore the 1) RESOLVED tiat tie Compeny be wound up
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      Page 8 Advertisements Column 2
      439 8 IN THE HK3H COURT OF THE REPUBLIC OF SINGAPORE 1 originating rwinon No. 47 a* 1906 In to Matter of OUT SMOAPORE PTE LTD AppHearts And In to Manor of Swtton 73 of to CampaniM Act Chapter SO ADVERTISEMENT OF PETITION NOTICE IS HEREBY GIVEN THAT a Pattion was on
      439 words
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      78 11 QuickStockn uirh pproveSw eS Real-time Update 9 2 4-hr Gives you instant access to reliabU stack info m u real-^ me r to help anytime, anywhere. 1 y fort foli» I* 0 s <ocfcl_ Lets you make timely decisions on your investments. 9 keep track m rent*" Att you netdtakty
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      Page 11 Advertisements Column 2
      49 11 The 1 Business Times AINU A FORK Faster. Sharper. Deeper A bold new look and a fresh approach to the news and views. Faster with the news, and with the meaning of the news. Sharper focus on business and markets. Deeper analysis of trends, and more opinion and commentary.
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      Page 15 Advertisements Column 1
      43 15 Bck roders lias fund managers throughout the region keeping an eye on these and other companies. Find out more about tke Sckroder Soutk East Alia Fund, tke Sckroder Singapore Trust *>BUr and tke Sckroder Worldwide Property Fund by calling 534-4288. Or fax 536-6626.
      43 words
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      Page 16 Advertisements Column 1
      350 16 NOTICE NOTICE IS HEREBY GIVEN that, I JOO SIEW TEEN, of Blk 210 Ang Mo Kio Ave 3 #07-1604 Singapore *****0, have applied for a Wholesale Beer Licence in respect of M/s Wei Hong (I E) Marketing located at Blk 118 Commonwealth Crescent #01-19 Singapore *****8, and that this application
      350 words
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      Page 16 Advertisements Column 2
      726 16 BUSI NESS TI MES TOLL-FREE TEL. No. 1-SOO-7AI-1883 FAX 741-1298 NOTICE NOTICE IS HEREBY GIVEN that, I CATHERINE CHEOK KAY GEOK, of Blk 1 Hillview Ave #04-1014 Singapore *****1, have applied for a Public House Second Class Licence in respect of M/s Great City F B Station located at 300
      726 words
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      Page 16 Advertisements Column 3
      300 16 Singapore Closing Share Prices 10/11/1998 CLOSE PREV LOW HIGH USS uss uss uss \lllf/ Jardine Matheson 5.80 5.99 5.80 8.00 1 inline Strategic. 2.85 2.83 2.80 2.85 r IAAAAf J Dairy Farm 0.705 0.755 0.755 0.83 Hongkong Land 1.74 1.75 1.70 1.78 ■BVPTPPI9 Mandarin Oriental 1.12 1.12 1.11 1.12 EflfitifiS
      300 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Museums in the making
      1310 17  -  By the year 2000, there will be six museums in Singapore's Civic District, all housed in landmark old buildings, jay nwM takes a closer look at the transition from monument to museum JAY KHOSLA The writer is a freelance journalist who contributed this article to Executive
      CHRIS LOH  -  1,310 words
    • STRAWS In The Wind
      • Article
        The best reference
        35 17 YOU're a shopkeeper who wants to fend off burglars, follow the example of aA electrical shop in Sydney which put uf this sign: "No cash on premises. Try bank on the corner."
        35 words
      • Article
        Taking the long view
        66 17 SOME property dwellers will go to great lengths to make their developments sound as attractive as possible. Like Dover Parkview, which describes itself as a luxurious "seaview" condominium, and provides a map. What they really need to provide is a telescope: you have to look across
        66 words
      • Article
        A stitch in time...
        113 17 YOU know the saying, "Get me to the church on time"? A Singaporean expatriate in Bangkok ended up singing a similar tune when he ordered a suit from a shop in the Siam Centre shopping complex. When it was ready, he found the trousers too loose,
        113 words
    • FAMILY
      • Article, Illustration
        The pleasures and pitfalls of parenting
        1643 18  -  Raising a child nowadays often requires the same skills as delicate negotiations in the corporate minefield, reports SOSA>TSAira SUSAN TSANG Never mind the commercial on TV that tells us that fam-fam-families are fun. Today's parents will tell you that isn't the half of it.
        1,643 words
    • PERSONALITIES
      • Article, Illustration
        Lock icon Banking on the good old days
        976 19  -  Laura Hwang's company, Memories of the East, started humbly in 1988 as a hobby for the art lover. But what began as a sideline has since become a successful, multi-faceted business venture, ooh bwbb leko reports GOH HWEE LENG The writer is a freelance
        CHRIS LOH  -  976 words
    • Article, Illustration
      Less posturing please
      368 20  -  TELEVISION Beyond Our Shores would be a whole lot better if the presenters were secondary to the sights featured By, Jaime Ee I DON'T think I would ever want to go to Turkey. Maybe because it doesn't look terribly hygienic on TV. Maybe because the sight of
      368 words
    • Article, Illustration
      A watery tale awash with riddles A watery tale awash with riddles
      856 20  -  CINEMA Kevin Costner's Waterworld may not be a great movie, but neither is it the big washout his critics predicted it would be By, Jaime Ee WHY are people making such a big fuss over the obscene amount
      856 words
    • Article, Illustration
      Waiting for the party to begin
      487 21  -  NIGHTSPOT The mnsic was hot bat the crowd was still finding its way around Zone Cafe By< Celine Chen THE TECHNO music was so hot you would have thought World War 111 had broken out. It was ftill-house too, but where was the party?
      487 words
    • Article, Illustration
      WHAT'S ON
      391 21  -  Compiled by Corinne Kerk THBATKB I Never Promised Ton A Rose Garden As the title suggests, life is not without its unpleasant surprises, especially when you're an idealistic twentysomething who thinks the world is your oyster. This Mandarin play by The Necessary Stage explores the theme through six
      391 words
    • DIVERSIONS
      • Article, Illustration
        Lock icon Shopping smart at Suntec
        673 22  -  JAIME eb comes across some great gift ideas for Christmas JAIME EE DEAR Santa, Of all the things you can possibly put into my Christmas stocking this year, please don't let it be a pair of slippers shaped like Sylvester the Cat or Tweety Bird. Cute
        PHOTOS BY CHRIS LOH  -  673 words
      • Article, Illustration
        Flavours from my mother's hometown
        603 22  -  RESTAURANTS The new restaurant at Holiday Inn Parkview features some authentic Shanghainese dishes By Lu Ning I, FOR ONE, need not be reminded of how the former residents of China's largest, and to some the most cosmopolitan, city feel about their hometown. My Shanghainese mother
        603 words
      • Article
        When only the finest will do
        803 22  -  WINE CONNOISSEUR A great wine is like a great painting both invite comment and are worth writing about By\ N K Yong I AM told (criticised politely, actually) from time to time that the wines I talk about in this column are mostly among
        803 words
    • Article, Illustration
      CINEMA
      1115 23 KM b King Arthur's Court. A 20th century American boy is caught in an earthquake and blasted into the Pendragon's coQjf for some comedy and romance. jj Lido: 5.15; 12am. Capitol, Chinatown: 11.45pm. Changi: 12am. YE shun: 10.15; 5 Imimlm Hit man Sly Stallone wants to quit. But be
      1,115 words
    • TRAVEL
      • Article, Illustration
        Teeing off in Thailand
        1446 24  -  Some like their golf courses 'natural'; others like 'posed' challenges created by designers. Whatever your preferences, Thailand has them all. blbbi gham takes you through the country's best courses EILEHN CHAN The writer is a golf enthusiast who contributed this article to Executive Lifestyle A favourite
        1,446 words
      • Article
        Same deals worth checking out
        178 24  -  Compiled by Corinne Kerk Christmas Island Resort Starting Nov 17, you can fly direct to Christmas Island Resort from Singapore via Silk Air. Silk Air will fly twice weekly on Mondays and Fridays. Flight time is two hours. From January, National Jet Systems, domestic carrier
        178 words
      • Article, Illustration
        Back to nature in the most luxurious manner
        480 24  -  HOTELS Bali's Hyatt hotels come with acres oflnsh land, pristine beach fronts and great facilities By Michelle Low IN BALI, you do one of two things backpack, or check out all the luxury resorts. Naturally, we prefer the latter. Hence, our arrival
        480 words
      • Article
        Bali Hyatt and Grand Hyatt Bali
        142 24 Address: Bali Hyatt, Jalan Danau Tamblingan, Sanur; Grand Hyatt Bali, Nusa Dua. Telephone: Bali Hyatt: 62-361-*****1 fax *****3. Grand Hyatt: 62-361-*****4 fax *****8. Bates: Bali Hyatt from US$l4O for single room (garden view) to Regency Club double for US$2l5 a night. One-bedroom suite at
        142 words
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      9 17 MERVIN SIM AND FAMILY The pleasures and the pitfalls.
      9 words
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      Page 17 Advertisements Column 2
      158 17 Laura Hwang Banking on the good old days. EL 3 i *£Zizls* |^^K; ?.j r c Jf: I i <*->#r > ?Tr A variable cadtMneijr: StNCATORE: Bcifccnyi lortyiM! 435 Orchard Road. #02-42. Wnma Atria, Singapore 0925. Tel: 733 7! IS. 191 Orchard Road. #01-10 Takashraiava S.C. Suijjapore 0923. Tel: 755
      158 words
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      180 18 AN INVITATION TO EXPLORE FOREIGN MARKETS. Make time on your agenda to go regional. Venture into the markets of Bangkok, Bali and Phuket and enjoy substantial gains in the purchasing department. Thailand Maldives Exclusive: Celebrate Christmas or New Year Special Bonus: Book now and get 2 extra in Chiang Mai/Chiang
      180 words
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      124 18 ANNOUNCING THE OPENING OF SPINK SINGAPORE DEALERS IN FINE ART SINCE 1666 Spink of London, the oldest firm of international art dealers and numismatic auctioneers, are pleased to announce the opening of their Singapore Gallery. INAUGURAL EXHIBITION of Oriental Works of Art From Saturday, 11 November 1995 Spink Singapore specialises
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      196 19 MIZUNO TITANIUM METAL WOOD The Ultimate driving Machine is Here The Mizuno Notus Super Ti metal wood Precision Accuracy has been by experts to be in a league Mizuno's peripheral weight distribution incorporates of its own. This new high performance wood, using a dramatically increased clubhead size, with a nontitanium
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      700 20 1 WHERE TO WINE, DINE AND ENTERTAIN Pi L "VORLD S LARGEST SELLING BEER a*!, Besides live seafood, Singapore s largest outdoor seafood restaurant offers the Instant Asia Cultural Show at no extra charge! Available from 8 pm to 8.40 pm, Mondays to Fridays. SIRSP \¥fl seafood restaurant 920 East
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      178 20 ry 11 fancy Heijing? I Then, we're delighted to suggest the fine Court for a memorable dining etyerience. Our lunch menu offers a variety of dian fin "Beijing dumplings, a selection of set menus, and 'Beijing specialities Hjn/V such as 'Beijing <Bal(fdTench and Marinated Lamb. Jancu some now? CHINESE y
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      530 21 Where to wine, dine and entertain Tunch jj i Temptations I Moom Pavilion Chinese Restaurant If eating is your passion, then come I on down for a 6-hour leisure feast that is sure to leave you satisfied! x Tuck into favourites like Laksa, Siew Mai, Char Siew Pau, Chwee Kueh.
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      Page 21 Advertisements Column 2
      114 21 Housed at VTk (W> International Hotel, tfyrl Pin Hskuig with a decade of BBBlllffiiiißlßßiliM^B^rjW^^Sri V^^nque l experience, takes pride in ■■j||j|lM (f\i r L\ providing you the most sumptuous J feast enhanced by an elegant V A J atmosphere all under one roof. 11 Choose from a l\ 9-course set
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  • Page 23 Miscellaneous
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      Page 23 Miscellaneous Column 1
      2116 23 TODAY'S TV mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmm 7 B Asian Business RECOMMENDED VOWING '—News/Asian Market ReLOO PM Golf US Open 1994. I jlfff] port Jacko struts v d e t y d s S oryof Sa»« lm ir'HL S2££?=U. i love and betrayal. OO The Heart of the Sua y Hrn l j— i-
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