The Business Times, 6 January 1996

Microfilm: NL20517
Total Pages: 24
1 24 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE WEEKEND EDITION, JANUARY 6-7,1996 85C
    14 words
  • Article
    MARKET SUMMARY
    57 1 D mua (+0.39) ■airoov U t8U»(+7.45) O mMB^+S.S2) 9T0CIMAIDT DQMOB Friday GkHp KLSEOOMP *****6 AM HANG SBNOIII. HL.-44JI SET INDEX ma +186 JAKARTA GOMP UU8 +0.48 MANILA OOMP, Wi tt -4* TAIPEI WPI 47MJ0 ***** SEOUL COUP .866.82 4M BOMBAY B8E» __JW7.lt -25.22 CLSA CHINA B T&M -4J6
    57 words
  • Article
    FINANCE
    71 1 aOUMBUSB uss ss USI 1.427 I 1JK 1212 DM AMI MM 0J61 1JS7 Stt. 0.381 HU8 Htt _u I16S BAJfT IMC. I.K7 RUP1AH ttt 1.044.. IM SDUATORE* 6.44 KUAUUflfPUE .8.15 JAKAETA 17.50 BANGKOK 1176 MANILA 15.00 HOWKONO KM TAIPEI KM SYDNEY 10.75 TOKYO i 4_ ,2M SEOUL 1100 ZUilOT*
    71 words
  • Article
    Long rally will bring out new Asian equity offerings: analysts
    751 1  -  Hongkong, the first market to revive,!* already seeing the trend in new issues By < Catherine Ong, S N Vasuki in Jakarta NEW ASIAN equity issues and other equity-linked offerings will hit the market in the coming months if the
    751 words
  • Article, Illustration
    Lock icon Prospect of Hashimoto as Japan PM cheers markets
    326 1  -  From, Anthony Rowley in Tokyo JAPANESE financial markets reacted positively to the surprise resignation yesterday of the country's 71-year-old Socialist Prime Minister TomLichi Murayama, in the expectation that his almost certain successor, Trade and Industry Minister Ryutaro Hashimoto, will be business-friendly. Mr
    ALLAN  -  326 words
  • Article, Illustration
    Lock icon Markets shake off correction fears
    290 1 [SINGAPORE] The much-an-ticipated correction in regional markets did not happen yesterday as funds seized opportunities opened by bouts of profit-taking. Institutions went further in Tokyo, overwhelming punters cashing in their chips to push the Nikkei Average into new territory again. Underpinning prices was the expectation
    FRANCIS  -  290 words
  • Article, Illustration
    Bambang is new L&M chairman
    394 1  -  By< Conrad Raj [SINGAPORE] President Suharto's son Bambang Trihatmodjo has taken over the chairmanship of L&M Group Investments, ending speculation on who would take the helm following last week's directorship ban on Indonesian businessman Johannes Kotjo. Mr Bambang, 42, replaces former chairman Albert Hong Hin
    394 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      118 1 BwrcWtafcriU Singapore's venerable old sports and social clubs have been bitten by the redevelopment bug, ELI *****S ma, this pg. Promising, tftMgh current share price looks topyiah compared with last year's low of 85 •MtS. Price erosion could set in if Mr Kogo lowers his profile. Ikm, jig A spate
      118 words
    • Advertisement
      Page 1 Advertisements Column 2
      149 1 CoHiptMim Mlnty to cash in on rally; H-ohare firms may join the run for funds, Pg 3 OUB RenoPlus is the only home renovation loan smart enough to help you save money. You'll pay one of the lowest interest rates w in town at Prime* 3% p.a. (monthly rest). You'll
      149 words
    • Advertisement
      Page 1 Advertisements Column 3
      5 1 s/raba Afferent L&M, Pg 6
      5 words
Page thumbnail Page 2
  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Net $4.14b lent to HDB flat buyers in FY94/95
      434 2  -  Outstanding loans as at March 31,1995, stood at $17.Mb, a 30.0% rise in a year By Lee Han Shih THE government lent out a net $4.14 billion to buyers of Housing and Development Board flats In the last financial year, bringing
      434 words
    • Article
      Asia Travel Mart's getting bigger, going international
      279 2 JUST three months after the I first Asia Travel Market was < held in Singapore, the next 1 show, which will be 13 per i cent bigger, already has a third of the space booked, says j organiser Reed Exhibition Companies. j From
      279 words
    • Article
      40% of Pidemco's Northvale condo project snapped up
      225 2 PIDEMCO Land has sold some 40 per cent of phase two of its Northvale condominium project at a soft launch yesterday. The company had released 334 units for sale, of which 136 were snapped up yesterday. The second phase will be officially
      225 words
    • Article
      Ritz-Carlton plans to open 15-20 Asia-Pac hotels within 5 years
      445 2  -  By Agnes Wee THE Ritz-Carlton Hotel Company, which is opening its first hotel in Singapore on Jan 18, aims to have IS to 20 hotels in the Asia-Pacific region within the next five years. The Atlanta-based company hopes to have
      445 words
    • Article
      S'pore, US firms in cotton venture
      355 2 USs2sm venture aims to produce and market cotton seeds in China A GROUP of four Singapore companies led by the Economic Development Board's investment arm has joined up with two US firms to form a US$25-million (5535.7 million) venture to introduce cotton seed processing
      355 words
    • Article, Illustration
      Lock icon Leeson lawyer may not need to attend court
      504 2 Pollard served with court order bat is said to be talking to Price Waterhoase Reuter THE British lawyer acting for jailed former Barings trader Nick Leeson is unlikely to have to appear in a Singapore court to answer a recent court order
      Reuter  -  504 words
    • Article
      Water projects to cost PUB $56m
      154 2 THE Public Utilities Board (PUB) will spend $56.5 million this year on development projects to meet Singapore's growing demand for water. The bulk of the budget just over $29 million has been set aside for upgrading the water distribution network. Smaller sums of up
      154 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      185 2 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 PRIMEEAST SECURITIES (HK) LIMITED Career opportunities in Hong Kong v ■SkSt. v As a young but expanding regional brokerage with the focus of operations in Hong Kong, we are looking for suitably qualified candidates to 1) Sell 2) Deal in Hong Kong
      185 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      511 2 URVfTIU UHOSSWOBD 1 One who may have to wait for money (7) 9 Term which is musical or legal I—J—J—J——LJ———LJ——LJ——LJ-— 10 A suggestion of a dark liquid on nr"^^ ~I J I I 11 Bushes present a mother with 12 Cause a black mark by an error II 1 I
      511 words
Page thumbnail Page 3
  • FOCUS: PERSONAL FINANACE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        39 3 Those polled for their views on the Singapore stock market's outlook the week ahead are: Alliance, Baring, Fraser, GK Goh, Kay Hian, Peregrine, Merrill Lynch, HG Asia, WI Carr, Tat Lee. Figures derate number of respondents
        39 words
      • Article
        Boy!
        346 3 ft Ik We have been cautious on Fu Yu so far because of negative news on the US electronics industry and also our concern that Fu Yu's customer base may have peaked. However, a discussion with management revealed no slowdown in orders from their key customers, Hewlett-Packard, Motorola and
        346 words
      • Article
        Untitled
        157 3 ShM Dartf: The company said In a circular to shareholders that it expected a pre-tax profit after minorities of M$771.1 million (SI430.3 million) for FY96. This excludes contribution from Sime Darby's proposed acquisition of UMBC. The profit figure should gouptoM$885 million including UMBC's contribution. The company's profit forecast (excluding UMBC's
        157 words
      • Article, Illustration
        In My Opinion...
        476 3  -  Peter Montgomery Ma-ray Maatne (Aria) Pte Ltd 4 A FTER another L\ unproductive X A. year for investors in Asian securities, readers will probably be only too glad to await the Year of the Rat. Forecasts for the year ahead are fashionable at this time of the
        476 words
    • Article
      Picking the Asian winners
      575 3  -  Blue chips to lead the run, followed by undervalued stocks and secondliners By Lee Yoke Har [SINGAPORE] AMID expectations of foreign funds swamping Asian markets, brokers and fund managers in the region are likely to spend less time worrying about prices rather than what next to
      575 words
    • Article
      New year party for S'pore shares not over: chartists
      407 3 [SINGAPORE] Technical chartists are seeing positive atgnato that point to the Singapore tfoek market's new year party continuing for a while yet Jasmine Yim, a chartist at Victors Ballas, sees the Singapore market barometer, the Straits Times Industrials Index (STII), powering
      407 words
    • Article
      Companies likely to cash in on rally
      460 3  -  Climate ripe to make cash calls or acquire assets through new shares experts From] Ho Kay Tat in Kuala Lumpur CORPORATE activity in Malaysia will receive a big shot in the arm if the stock market rally continues over the next few months,
      460 words
    • Article
      H-share firms may join run...for funds
      355 3  -  FYomi Quak Hiang Whai in Hongkong THE return of the bull market will strongly reactivate corporate fUnd raising activities in Hongkong this year. But analysts say the rejuvenated market will benefit listed groups with high gearing and poor market names the most as they
      355 words
    • Article, Illustration
      Lock icon US$ to hold steady against the yen this month: analysts
      570 3 Bloomberg Business News [TOKYO] The US dollar will hold steady in January and will trade at about 105.12 yen at the end of the month, according to an average of forecasts by eight analysts. The survey was conducted on Thursday,
      Bloomberg Business News; JEN CHUA  -  570 words
    • Article
      Unit trust parirmance ranking
      122 3 >«*■ in mbbl. §mm\M\ fep- 8 'lllllliliilil 1 »l> IT ft l I Mi I yu I -*tl I -4.T5 1 -MJ» 1 5.0? I SSSBoin wwt tjflf. i i *S i ""o i -»S i *8 i SEgalS' S H i f i f 1
      122 words
Page thumbnail Page 4
  • REGION
    • Article, Illustration
      India must push on with reforms, SM Lee
      598 4  -  SM LBB a DTDIA Country has potential to be world's third largest economy By Chuang Peck Ming •> AFTER a hectic schedule on Thursday capped by a meeting with his host, Prime Minister P V Narasimha Rao, Senior Minister Lee Kuan Yew
      598 words
    • Article
      Lock icon Inflation slows, growth exceeds target
      350 4 m BEIJING But micro picture's unsatisfactory, says statistics bureau Bloomberg Business News CHINA'S inflation rate slowed, grain output surged and economic growth surpassed its target in 1995; companies however struggled, China's State Statistics Bureau economists said. "The good situation on the macro (economic) level should
      Bloomberg Business News  -  350 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1407 4 WY FLIGHT ETA FLIGHT ETO EK072 1710 S0T74 1430 &MhM CA890 0045 S0I73 1920 EK073 2325 mm OttT 1930 0f82 2050 HongKo* S0863 0040 UA806 0815 UA805 0105 CX710 0840 £Tr\ rzl S0001 1140 S0860 0915 SSJ SSS cjm7 1235 cx m H137 1540 S0346 2330
      1,407 words
    • Article
      India aims to ease consumer-import curbs before polls
      334 4 NEW DELHI INDIA hopes to make key changes in its trade policy, including a further easing of import curbs on consumer goods before the next general election, widely expected by April, Commerce Minister P Chidambaram said yesterday. "The last opportunity to make
      334 words
    • NOTE Book
      • Article
        Lock icon Chinese editorial condemns infighting
        61 4 AFP [BEIJING] The Chinese Communist Party mouthpiece, the People's Daily, yesterday condemned infighting in the top rungs of the party and called on high-ranking cadres to unite behind General Secretary Jiang Zemin. It was the first major editorial in the new year. Mr Jiang, who is
        AFP  -  61 words
      • Article
        Lock icon Beijng foreign minister to tour Africa
        68 4 AFP [BEUING] Chinese Foreign Minister Qian Qichen is to make a 10-day African tour this month, Xinhua said yesterday, two days after Senegal shifted diplomatic recognition from Bering to rival Taipei Mr Qian, also a vice-premier, will visit Tunisia, Chad, Djibouti and Seychelles from
        AFP  -  68 words
      • Article
        Lock icon Budget row threatens Brown's India trip
        56 4 Reuter [NEW DELHI] US Commerce Secretary Ron Brown's planned business mission to India this month looks increasingly likely to fall victim to the protracted budget battle in Washington, officials said yesterday. Mr Brown was scheduled to visit Calcutta and New Delhi from Jan 16-17
        Reuter  -  56 words
      • Article
        Lock icon N. Korean military threat rising:Portillo
        60 4 Reuter [SEOUL] North Korea's military threat it rising and, with armed forces mora than ona million strong, its intentions remain unpredictable, visiting British Defence Minister Michael Portillo said yesterday. "This is a moment when the threat is higher than it has been for some time,"
        Reuter  -  60 words
      • Article
        Lock icon HK transition body meets this month
        57 4 Reuter [BEIJING] The Hongkong Preparatory Committee, the body approved by Beijing to oversee the British colony's transition to Chinese rule in 1997, will hold its first meeting later this month in Beijing, an official said yesterday. Hie committee consists of ISO men and women,
        Reuter  -  57 words
    • Article, Illustration
      Lock icon Mall of fire
      48 4 MANILA A TOP shot of a burning Virra Mall, one of the largest commercial malls in Manila popular for cheap bric-a-brac, after a blaze caused by faulty wiring engulfed the building yesterday. Damage caused by the fire was placed at US$2.5 million (553.6 million). REUTER
      REUTER  -  48 words
    • Article, Illustration
      Lock icon Enron's finally getting the OK: report
      298 4 BOMBAY Reuter US power major Enron's multibillion dollar power plant in India, scrapped by the Maharashtra state government in August, is finally getting the go-ahead, a senior state minister said yesterday. "It has been decided. Now announcing it is just a formality," a senior
      Reuter; FRANCIS  -  298 words
    • Article
      Lock icon Growth target upsets market
      190 4 SEOUL Reuter SOUTH Korea, seeking an economic soft-landing after breakneck expansion, announced a sharply lower growth target for 1996 yesterday. Sceptical stock investors dumped shares, sending the market index tumbling for the second straight day, reflecting widespread pessimism over the government's ability to glide the economy
      Reuter  -  190 words
    • Article
      Lock icon Taxman may audit chaebol
      132 4 SEOUL Reuter SOUTH KOREAN tax authorities will audit powerful business conglomerates, known as chaebol, linked with ex-president Roh Tae Woo's slush fUnd scandal, the domestic Yonhap news agency said yesterday. "After prosecutors close their probe, it is our stance to carry out a tax investigation of
      Reuter  -  132 words
    • Article
      Lock icon Tariff cuts will spur investment
      110 4 BEIJING Reuter CHINA'S decision to cut its average import tariff rate to 23 per cent from 35 per cent will encourage investment but not consumption, said a leading Chinese economist yesterday. Fan Gang, deputy director of the Institute of Economics, which falls under the prestigious
      Reuter  -  110 words
Page thumbnail Page 5
  • THE WORLD
    • Article
      Lock icon Clinton set for image boosting landmark Bosnian trip
      218 5 WASHINGTON AFP THE White House busied itself yesterday with Bill Clinton's landmark Bosnia visit, as charges of renewed Serb abductions of civilians highlighted the dangers which the US president's high-risk Bosnia strategy could pose for his re-election. The announcement of Mr Clinton's
      AFP  -  218 words
    • Article, Illustration
      Lock icon It's down the drain, not the hatch
      65 5 [SAN FRANCISCQ}Members of the group Americans/or Gay Rights pouring German beer into the gutter in San Francisco on Thursday as they kicked off a month-long boycott of German beer to protest against what they call censorship of the Internet, prompted by Compuserve's blocking
      REUTER  -  65 words
    • Article
      Lock icon Clinton to get tough on trade
      494 5 WASHINGTON Mm may be aimed at protecting him from charges that Mb free trade deals are costingjebsintheUS NYT THE Clinton administration plans to announce a broad initiative to enforce dozens of trade accords with China, Japan, Canada and other big trading partners, in a
      NYT  -  494 words
    • WORLD Watch
      • Article
        Lock icon to take up seat
        49 5 AFP Pfntirittrt Boris Yeltsin yesterday^«f; Spcooitti the raslanatlifr efyoreifn Minister Koiyrev, the presidential press service said. Mr Yeltsin Koiyrev's rrttgntflfrn in ordsr to allow the mtntlrtrto take up the parliamentary *Mkl» wottin the Dec IT ele<rtioa*a spokesman said. Mr 3oa9i«v had been fcriignmirittar since 1990.—AFP
        AFP  -  49 words
      • Article
        Lock icon UN ona inflation
        50 5 Reuter [LONDON] Bank ofEngiand Governor Eddie George said Brmshlaleteetiatet could Mftirther if for inflation improved. In an interview with BBC radio, he ■aid he did not think there was general scope for lower rsnnflnse at thejHMQuences. "Interest rates can iftite prospects for inflation improve/' Mr Geone said.—JMr
        Reuter  -  50 words
      • Article
        Lock icon Russia in US$ at:arms
        74 5 AFP (MOSCOW] Three dlfflcutt years of resmicturing the giant Soviet arme industry have paid offforMoecow, with sales last year officially rising by 68 per cent, bringing Russia close to the world number two spot for exports. Russia sold MiGwarplanee.ermomred vehicles, rocket launchers and ftpflwnousKalashnflrmr assault rifle
        AFP  -  74 words
      • Article
        Lock icon inflation stays at 3%
        66 5 Reuter [BRUSSELS] Annual inflation in the 16-nation European Union remained st 3 percent in November, unchanged from October, the BlTs statistics office said yesterday. That comperee with 2J per cent in November 1994, Buroetat said to a statement Greece continued to have the highsst inflation rate,
        Reuter  -  66 words
      • Article
        Lock icon EU anti-domeping chitics on evens
        62 5 Reuter [BRUSSELS] The European Union said yeeterday it was imposing definitive anti-dumping duties on imports of microwave ovens from China, South Korea, Malaysia and Thailand alter an inveetlgatton confirmed BU industry was being hurt by price undercutting. It said in its Official Journal it was
        Reuter  -  62 words
    • Article
      Lock icon Blair: UK not ready for monetary union
      227 5 LONDON AFP TONY Blair, leader of Britain's main opposition Labour Party, told Japanese business leaders yesterday that Britain is not ready for a single European currency. Mr Blair, who is widely tipped to become Britain's next prime minister after general elections that must
      AFP  -  227 words
    • Article
      Lock icon Asian currencies muscling their way into global forex markets
      469 5 LONDON Analysts see shift away from 0-10 units as Pac Rim open* np Reuter THE drive towards a single currency in Europe, and the relative stagnation of forex opportunities in the West and Japan, will nudge banks to take a bigger
      Reuter  -  469 words
    • Article
      Lock icon Morgan Stanley vows to vigorously fight lawsuit
      385 5 LONDON Investors sung bank for losses suffered when multi-million-S fond collapsed Reuter INVESTMENT bank Morgan Stanley dismissed claims of negligence from investors who lost money when a multimillion dollar fund collapsed early in 1995, and pledged it would vigorously defend itself against a
      Reuter  -  385 words
    • Article
      Lock icon US economists fret about lack of govt economic data
      356 5 WASHINGTON Reuter PRIVATE business economists said on Thursday they were increasingly worried by the dearth of government-pro-duced indicators because it makes it harder to gauge how rapidly the expansion is slowing. The National Association of Business Economists, representing firms ranging from
      Reuter  -  356 words
    • Article, Illustration
      Lock icon Chretien leads trade team on Asian tour
      270 5 OTTAWA Bloomberg Business News AFP PRIME Minister Jean Chretien, accompanied by 900 Canadian business leaders, begins a 12-day trade mission on Tuesday to India and three other Asian nations. The trip is intended to increase the current C 53.4 billion (513.6 billion) trade
      Bloomberg Business News; AFP  -  270 words
    • Article
      Lock icon US denies plan to embargo agricultural exports
      132 5 WASHINGTON Reuter ADMINISTRATION officials strongly denied rumours on Thursday that the government was considering slapping an embargo on US agricultural exports, despite tight grain stocks and surging commodity prices. "We have no intention to use export embargoes, but we do intend to continue
      Reuter  -  132 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      21 5 POA M Gary Trudeau SlilJlfcrfEsS?! Itma nlmtmxmat. maxi ut&ToFINP WAMUUIM&HA MNfTOUBK I GFCOtWWR. eftym RV I uirmA2.i6i6AßYreHA*p XMM, 1 J MKOSMA-
      21 words
Page thumbnail Page 6
  • COMPANIES & MARKETS
    • Article
      Kotjo's appeal on SES ban fails
      417 6  -  SES maintains his interview affected DPP's share price By I Conrad Raj [SINGAPORE] Indonesian businessman Johannes Kotjo will get no reprieve from the stock exchange ban barring him for 30 months from joining the board of any listed company except his existing directorships in
      417 words
    • Article
      Why three in a row: SES
      226 6  -  Peter Chia MAfhln DEAR Sir, We refer to the article: "Must SES deliver a triple whammy in succession?" which appeared in your Hock Lock Siew column of Jan 3,1996. It is entirely fortuitous that the three statements were issued consecutively on Dec 27, 28
      226 words
    • Article, Illustration
      Bambang's chairmanship sheds a different light on L&M
      727 6  -  HOCK LOCK SIBW By Lee Han Shih WITH or without the Kotjo touch, is L&M Group Investments worth buying at a stratospheric price earnings ratio of 400? For those tempted to take the plunge, bear in mind that some of the people
      727 words
    • Article, Illustration
      Lock icon SembMedia and Sun probing cyberspace
      193 6 [SINGAPORE] Sembawang Media and US-based open systems giant Sun Microsystems have teamed up to explore business opportunities thrown up by the growing use of Internet in Singapore and the region. The two companies are looking at possibilities in South-east Asia and Indochina, especially Vietnam, Thailand,
      CHRIS LOH  -  193 words
    • Article
      Telecom tie-up takes over Indon eastern operations
      326 6  -  By 1 Teh Hool Ling [SINGAPORE] The Singapore Telecom International (STI) consortium, which won the bid to develop a telephone network in eastern Indonesia, has effectively taken over the operations of telecommunication lines in that region from state-owned PT Telkom. STI said in
      326 words
    • Article
      Lock icon Jardine denies re-listing report
      165 6 Reuter [HONGKONG] Jardine Matheson Holdings Ltd yesterday denied a local newspaper report that it was discussing a re-list-ing of the group and its companies on the Hongkong bourse with the government and the securities regulator. "There's been no with the authorities about relisting in Hongkong," said
      Reuter  -  165 words
    • Article
      Co-financing: SBS wants in
      237 6 [SINGAPORE] Singapore Bus Service (SBS) wants the government to help shoulder the cost of its fleet renewal. In response to the Land Transport Authority's White Paper, the company suggested on Thursday that the government could "explore some form of co-financing scheme for bus fleet renewals". SBS
      237 words
    • Article
      Falmac expands Tianjin unit
      212 6 [SINGAPORE] Knitting machine maker Falmac Ltd has increased its investment in its China plant in Tianjin to US$5.5 million (517.87 million) and set up a new unit there to make yarn. The company said yesterday its wholly-owned subsidiary Falmac Machinery (Tianjin) had received approval from the
      212 words
    • Article
      Pan Pac cuts plaza stake
      114 6 [SINGAPORE] Pan Pacific Public Company has reduced its interest in Yunnan Xinhua Plaza Company from 70 per cent to 30 per cent. The company said it had reviewed and decided to apply its resources more to the publishing and media industry and, as a result,
      114 words
    • REGIONAL COMPANIES
      • Article
        Inchcape Timuran plans major revamp: sources
        375 7  -  Firm likely to announce purchase of finance company and turn into finance cum property concern From] Ruth Wong in Kuala Lumpur A MAJOR corporate exercise which will transform Inchcape Timuran Bhd into a fi-nance-cum-property concern is in the offing, sources said.' The sources said
        375 words
      • Article
        HK airport: DBS only S'pore lender
        315 7  -  It's ana of 48 banks in HKs&2b loan for Chek Lap Kok airport From* Quak Hiang Whai in Hongkong DBS Bank is the only financial institution from Singapore to take part in a massive Hongkong dollar loan facility raised by Hongkong's Airport Authority (AA)
        315 words
      • Article
        Lock icon Hicom to buy DRB and Gadek units for M$1.2b
        138 7 Reuter (KUALA LUMPUR) Malaysian conglomerate Hicom announced it was planning to acquire one subsidiary each from associates Diversified Resources Bhd and Gadek (Malaysia) Bhd for a total of Msl.2 billion (***** million) cash. Hicom said in a statement to the stock
        Reuter  -  138 words
      • COMPANY Briefs
        • Article
          How Tech new NOL's deputy CEO
          39 7 r ■IiHMPOREI Neptune Orient Lines Ltd chief operating r p HowlWihas ftf*"* 1 the company's deputy stf *||np«ncuttv» offUar. The appointment was affective Jan if I. Mr Lim's former post is now vacant
          39 words
        • Article
          Links appoints deputy president
          48 7 pqroAWiKK] nnyn i.inna it»prM» Hnminga i.m n«i| 4 company. He was previously executive vice-president for i corporate management, strategic planning, oversea* fMtfj&UtoOtb and air m travel-related activities. He will now be in charge of and acofiiiltloiia. oil top <tf his previous duti«i; r w
          48 words
        • Article
          FCC replaces audit commitee member
          32 7 m capital corporation swig* committee member BiHy Lee Beng Cheng with Chan WlngLeong.The other members of the audit committee SltSat Pal Khattar (chairman) and Heng Chiang Meng.
          32 words
        • Article
          Jaya takes over marine joint venture
          44 7 ISINOAPORE] Jaya Oflfchore Pte Ltd, a wholly-owned subsidiary ofJaya Holdings Ltd, has now fUll ownership of Imco Jaya Marine Pte Ltd. having Just acquired the remaining 50 per cent interest in the company from Rnsco Jf Marine Co.
          44 words
        • Article
          Scotts shareholder pares stake
          51 7 IwiUAjruKKj croissant investment «e Lta soia iuu.uou sham of Scotts Holdings Ltd this week for $126,0000r $1.28 par (bare. As a result, Orte Investment and Management Pte Lid's shareholding in Sootts is now 80.60 million sham, or 12.94 per cent ofthe total, down from 12.96 per
          51 words
        • Article
          Temasek's shareholding in Telecom dips
          50 7 [SINGAPORE] Temasek Holdings' stake In Singapore Telecom has been reduced by 19,744 shares following the award of loyalty bonus shares to the estate of deceased Telecom shareholders. However, Temasek's shareholding of about 13.45 billion shares now remain at 68.19 per cent of Telecom's paid-up capital
          50 words
      • Article
        Lock icon BHP claims success in US$2.4b bid for Magma
        416 7 Takeover wiH create world's 2nd largest copper producer Bloomberg Business News [MELBOURNE] Broken HUI Proprietary Co Ltd, Australia's largest natural resources group, yesterday claimed success in its US$2.4 bUlion (553.38 billion) takeover offer for Magma Copper Co of the US. "We are
        Bloomberg Business News  -  416 words
      • Article
        Lock icon Trading in Repco and three other stocks suspended
        119 7 Reuter [KUALA LUMPUR] Trading in timber-based concern Repco Holdings Bhd and in three other stocks was suspended yesterday pending announcements from the companies, a spokesman for the Kuala Lumpur Stock Exchange said. The trading suspensions cover Inchcape Timuran Bhd, whoee businesses include
        Reuter  -  119 words
      • Article
        Lock icon Amoy planning loan, not bond sale: director
        165 7 Bloomberg Business News [HONGKONG] Hongkong property investor Amoy Properties Ltd will raise from HK$l billion (*****.5 million) to HK$3 billion in a syndicated loan, an executive director of the company said. The director, Alfred Li, said reports in the local press this week
        Bloomberg Business News  -  165 words
      • Article, Illustration
        Lock icon Taiwan's stock gains tax put on hold alter bourse tumbles
        360 7 AFP [TAIPEI] Taiwan's ruling Kuomintang (KMT) lawmakers arrested yesterday a move to restore the stock gains tax following a tumble on the local bourse which saw the index plunge 346.74 points in its worst one-day foil since 1990. Under strong
        AFP  -  360 words
      • Article
        Lock icon SEC Staff want board to clarify Ekamol's removal
        244 7 Reuter [BANGKOK] Over 200 staff of the Thai Securities and Exchange Commission have peti- tioned the board of the watch- dog agency for speedy clarification on the recent sur- j prise, forced resignation of SEC chief Ekamol Khiriwat, SEC officials said yesterday.
        Reuter  -  244 words
    • INTERNATIONAL COMPANIES
      • Article
        Powerful LSE members behind CEO's sacking
        493 8  -  They did not want an automatic order driven quotation system, say brokers From. Neil Behrmann in London POWERFUL members of the London Stock Exchange (LSE) forced the sacking of its £342,000 (*****.820) a year chief executive Michael Lawrence. The most vocal opponents of Mr
        493 words
      • Article
        Lock icon Morgan Stanley, Lehman profits surge amid Wall Street euphoria
        298 8 Hard to sustain the big jump in fourth quarter, say analysts Bloomberg Business News [NEW YORK] Lehman Brothers Holdings Inc and Morgan Stanley Group Inc said earnings surged in the latest quarter, led by rising revenue from advising in corporate mergers
        Bloomberg Business News  -  298 words
      • Article, Illustration
        Lock icon GM's electric car
        44 8 [LOS ANGELES] Members of the media walking around the new EVI electric passenger car on Thursday in Los Angeles. General Motors plans to start production of the new EVI electric passenger car later this year for sale in selected areas. AFP
        AFP  -  44 words
      • Article
        Lock icon Shareholders okay Disney's Capital Cities/ABC deal
        408 8 Bloomberg Business News [NEW YORK] Shareholders approved Walt Disney Co's purchase of Capital Cities/ABC Inc. a US$l9-billion (5527.2 billion) acquisition that will give Disney the pieces it needs to compete in an increasingly crowded industry. The addition of Capital Cities' television and cable networks,
        Bloomberg Business News  -  408 words
      • Article
        Lock icon Goldman in talks to buy bowling company?
        270 8 NYT [NEW YORK] Goldman, Sachs Co is negotiating to buy AMF Corp, the leader in the US bowling industry, for as much as US$l billion (551.43 billion), people familiar with the negotiations say. The deal, which may be announced in the next few
        NYT  -  270 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        593 8 yt«« Mr gw n»I»I Jn«M (IT) tfrtnl 04N Jl MmM* 04.01/2300 (IT) MMi VN Jl 0101/048 (IT) law Jl MmM* OlOVMOO (IDUW-N OVN Jl <imi* 0101/1000 (IT) IMU 0IM Jl Mm*M OIOVBOO (ID Swiati M 2/94 Jl llllllHl 04.01/1000 Mm II J20 Mengudt 0101*900 Mm MMi J* MM*
        593 words
      • Article
        CONTAINER SCHEDULES
        1501 8 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO nrniMtiUmari Rstls SNp Vot Etfc/Btr Nrto4 Fw T> Fw Aa«*rtut OKI OMH OVTTOO 0V0t» (MM 1 MM tMH OVMM 4 04AM0 0VM» OVTTOO Aa Mi Jfu tr/mm i cvbm ovmm ovmm 04/0T00 04/TTM 04/VI0C 4 OVBM OVMM MAIM Mj Mm
        1,501 words
    • FINANCE & COMMODITIES
      • Article
        Simex contracts up 0.8% in 1995 despite Barings
        360 9  -  Another record set although dealers say controls implemented after hank's collapse dampened trading Reportsbj Siow Li Sen [SINGAPORE] Despite the Barings debacle last year, the Singapore International Monetary Exchange (Simex) still managed to inch ahead and notch up another record year. A
        360 words
      • Article, Illustration
        Lock icon Price swings hoisted Sicom's rubber futures trade up 31.3%
        278 9 [SINGAPORE] Volatile prices pushed turnover of rubber futures traded on the Singapore Commodity Exchange (Sicom) last year 31.3 per cent up over 1994, exceeding even the exchange's earlier internal forecast. The volume of the three rubber futures contracts traded RSSI, RSS3
        Source: Bloomberg  -  278 words
      • Article, Illustration
        Lock icon US$ gives up most of its early gains
        362 9 UB6/DM: The greenback started the year on a strong note, rising to a high of 1.4584 by Thursday before giving up ■ost of its gains to trade around 1.4415 on Friday morning. Despite having traded above the strong resistance at 1.4545, failure
        ALLAN  -  362 words
      • Article, Illustration
        Lock icon Fuelling controversy
        85 9 [LONDON] Maria Saro-Wiwa, widow ofethnic Ogoni activist Ken Saro- Wiwa, carrying a cross during a demonstration on Thursday outside the Nigerian High Commission in London Her husband was among nine hanged amid international outcry after a controversial trial in Nigeria found them guilty of the murder offour prominent
        AFP  -  85 words
      • Article
        Sharp hike in S'pore gold imports last year
        330 9  -  From Neil Behrmann in London SINGAPORE'S gold imports rose substantially to 321 tonnes last year from 281 tonnes in 1994, according to the latest market study of Gold Fields Mineral Services (GFMS), a London-based precious metals consultancy. The sharp increase in activity
        330 words
      • Article
        Bank offers Nikkei-linked interest
        318 9  -  Citibank's 2-year time deposit to base interest on index's performance By < Conrad Raj [SINGAPORE] Citibank is offering a fixed deposit that is capable of yielding a much higher return than those offered by its conventional counterparts. Interest on the American bank's innovative two-year time deposit
        318 words
      • Article
        Lock icon North Sea output to race ahead, hitting Opec hopes
        316 9 ENERGY REPORT Reuter [LONDON! North Sea oil output will race ahead again this year and keep rising until at least 1999, dashing the hopes of Opec states for a rise in their crude quotas, the International Energy Agency (lEA) said yesterday.
        Reuter  -  316 words
      • Article
        Lock icon CURRENCY REPORT
        172 9 Reuter, AFP THE dollar stabilised, after renewed pessimism about US budget negotiations triggered a wave of profit-taking overnight as dealers scrambled to cash-in on the unit's rise of up to 3.4 per cent against the yen and 2.0 per cent against the mark this week alone. Political posturing
        Reuter,; AFP  -  172 words
      • Article, Illustration
        Untitled
        1135 9 DfTERBAinL CUR&HMCT RATBB 4pm<Janb AftfMtasi «HM» mmm CmrnOH m Qtfm m m* Cmrmdm m omr m 9Hm Fr«cft tr«K 2491S5 24*474 ***** 49M £000/ dollar* to one unit of fbreian currency: NMtfmMv M.4S M TOtt 7 7348 UfW ***** 0.7411 474.7 0.0623 ***** 2.*****0 *****00 Cmm066 4*Ww IM Ufa IM
        1,135 words
    • COMMODITIES & FUTURES
      • Article
        COMMODITY Reports
        915 10 [KUALA LUMPUR] Tin price on the Kuala Lumpur Tin Market slipped two sen to M 115.73 per kg in line with the easier close on the London Metal Exchange. Dealers said market sentiment was bearish following high volatility in prices recently which forced most traders to liquidate their
        915 words
      • Article
        Lock icon SIMEX Report
        215 10 Reuter [SINGAPORE] Euroyen and Japanese government bond (JGB) futures ended higher on short-covering, backed by the US dollar's drop below 105 yen yesterday. Euroyen and JGB futures rebounded after Thursday's aggressive sell-off but ended off their highs, with dealers expecting more downward moves in the near term. 'The
        Reuter  -  215 words
      • Knight-Ridder Commodity Summary
        • Article
          Asian corm demand increasing
          79 10 [TOKYO] Asian corn demand is expected to see an incremental growth this year, aided chiefly by an increase expected in South-east Asian feed consumption. Feed demand in Japan will continue showing limited declines with the likely increase in meat imports this calendar year. Regional demand will
          79 words
        • Article
          Aussie iron ore output to rise
          95 10 [SYDNEY] Australia's iron ore production will increase by 24 per cent to 158 million tonnes by 2005 and exports should increase by a similar proportion to 147 million tonnes, a new government study says. However, development of large-scale new iron ore projects in Australia
          95 words
        • Article
          Thai coffee prices seen casing
          96 10 [TOKYO] Strong Thai coffee prices, due to untimely rain during the drying period, have made Vietnamese coffee more attractive, but a recent return to drier weather will ease Thai values by the end of January, trade sources said. "Gradually, Thai prices will go down to
          96 words
        • Article
          Cuba sugar industry recovering?
          89 10 [HAVANA] The new year will be decisive for the Cuban sugar industry as it moves away from the edge of collapse and strains to again become one of the world's top exporters. International sugar houses and foreign and Cuban experts predict the 1995-96 harvest (Nov-May) will
          89 words
        • Article
          Vietnam raises coffee sales
          98 10 [SINGAPORE] Vietnam is aggressively selling its coffee amid falling prices to avoid further declines, Asian traders said. The steady sales may have resulted in more than 50 per cent of the entire 1995-96 (Oct-Sep) crop being committed. The crop is expected to yield 180,000-212,000 tonnes of
          98 words
      • Article
        Untitled
        681 10 nmniim oqm u» on mm ictw mm JwN '••Ml H42 94.42 120 221 <202 r*M *4.57 0 09 1034 MmH 9447 9441 94* 9440 1355 4901 ***** (MM nm Jm 9k 9UL fM 9k 9UK m 9k 9*49 eummm ip n» u» tut n*o oim mm M>9t 9M8 JMto 9030
        681 words
    • Article
      COMMODITY PRICES
      859 10 POOMFPTXMS Jan 5 Mna0MimdMtotHit5J0Hi) Hf{9lnMCT($ttMA0 CtUt VMM SMHw F5TH 230.50 229.00 23L00 WS 2330 mrH ***** *23 < tar M mOO SIM ***** SZS 1975 is H2S £2 22 5&« SS iHS mm Wk 2*50 229JO moo 3 S i MtCMRUCTWeMta Mw On* gt m fcl IM Stft
      859 words
    • Article
      REGIONAL STOCK MARKETS
      4422 11 +6L03 SHARES ended firmer yesterday, confirming the market's bullish trend, as foreign buying overwhelmed pre-week-end profit-taking. Many traders said the resignation of Prime Minister Tomiichi Murayama, which had already been rumoured, had little direct impact. The Nikkei Average put on 51.08 points to 20,669.03. "Next week, I
      4,422 words
    • Article
      WORLD STOCK MARKETS
      1630 11 41 SHARE prices closed lower In line with early falls on Wall Street despite news of an agreement in the US to reopen parts of the government. Dealers said there was little reaction in the equity markets to the news, despite the market having recouped some of
      1,630 words
    • Article, Illustration
      Lock icon HONGKONG
      2341 12 Bloomberg Business News P Hang Sag -410 SHARE prices closed down in volatile, heavy trade but were off the lows seen earlier as investors took profits on recent gains. The Hang Seng Index closed down 44.0 points at 10,529.90, off a low of 10,417 and a high of 10,591.
      Bloomberg Business News; FRANCIS  -  2,341 words
    • Article, Illustration
      Lock icon CHINA
      446 12 Reuter Q Shanghai!! Share Index •0.48 SHANGHAI B shares ended down on profit-taking after sharp gains on Thursday. Brokers were mixed over the expected trend next week. The B share index shed 0.48 point to 51.05 on heavy volume of 15.4 million shares worth USSS.I million. All 96 shares
      Reuter  -  446 words
    • Article, Illustration
      Lock icon BANGKOK
      1200 12 Bloomberg Business News UsETMi ♦aw STOCKS rose for a third day, led by financial issues on expectations that interest rates will Call by the end of the first quarter, boosting profits. Phone and energy stocks fell, as big gains the past two days vaulted share prices ahead of some
      Bloomberg Business News; ALLAN  -  1,200 words
    • Article, Illustration
      Lock icon JAKARTA
      987 12 Bloomberg Business News nOwpMtofajg *0.48 STOCKS were little changed as a rise in companies likely to benefit from rapid construction under the new national budget was offset by a Call in T Telkom. Banks fell on investor concerns that a government plan to slow growth in loans to 16
      Bloomberg Business News; BCRUZ  -  987 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Smaller issues shine as blue chips retreat
        7029 13 KOALA VSMPUSLReports Bloomberg Business News Q Composite Index AM STOCKS were mixed, with the benchmark index falling from Thursday's five-month high and smaller companies gaining on market speculation about new mergers and acquisitions. "I think foreign investors will start getting in on the
        Bloomberg Business News; ALLAN  -  7,029 words
    • WARRANTS & OPTIONS
      • Article
        MGIC likely to pull warrants up
        3292 14  -  WARRANT WATCH Byl Ven Sreenivasan THOSE who do not share our enthusiasm for some of the Malaysian second board warrants should take a look at how the instruments we highlighted this week have performed during the last couple of days. On average, the warrants
        3,292 words
    • Article
      CLOB INTERNATIONAL
      1895 14 Or Or MUM Last Val Day LattOdata H> Ik W M MCap 08*8 fa Haa Citny Oato POOP) HN> Loar niyr OaMar Cw M taMO IN a MOO AISOSOc 442 K 1 M 440 440 44? U U 59.4 4S3J 420 70J MM AMOS SOc SSJ 1 M
      1,895 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        631 15 1 J J is —in m* I i -1 i j i *mrtm i m t i ao ST ill l i'J J.J J SB. i nam m -m •ran -mm mmmm <nm m mmr mmm -mm Snmmrn mma <• *mm mm *m mm mm -mi mm mo* mm Mtn
        631 words
      • Article
        MAIN BOARD
        4030 15 8r Or MOT 1995/96 Laat Val Omr laatOyta oj» m* vm Nat Cap A«g HMd La» 8898a Cifwy ton C0009 N8» taw —yr Mhr CMr W hi Prtta f tr- r --^TTwrtTTr^itTwr*' 214 176 1258 AcarSOc US2W *3 912 214 200 210 14.1 3474 494 310* m t
        4,030 words
      • Article
        SESDAQ
        713 15 Or Or Mm »m owr urnomrn Mr Mr vm mm cm a** u» «m» ri m 111 rooo> m» m twr ommt it cv m t5 phS MMMwgS-. *,•R-.--* 2 m s i ■sssss! ,^vv~gja *21 £25 -0-5 55* »2 US 905 MiON 4.7 U Hut UTJ M 2222
        713 words
      • Article, Illustration
        Lock icon HOT STOCK
        77 16  -  by Teh Hooi Ling FRANCIS COMPACT Metal Industrie is a medium-term buy. It J closed unchanged at 63 cents yesterday on a oolwm qf 404.000 shares. Daily and weekly RSI are neutral but moving up. Weekly stochastic*, which are in the oversold 4 region, are turning around. Directional
        FRANCIS  -  77 words
      • Article
        Untitled
        210 16 Stocks Wmm 'Metroptex 50c 30,928,000 •MulphalntlSO 16,481,000 •Prom* 14,901,000 *MrisHy450c 13,314,000 •InsasBM 11.739.000 •Bor)aya Croup 7,889,000 •MBfCapitai 7,737,000 UK 6,303,000 Kim big 25c 5,945,000 OKlwd 5.942.000 Itocti IWnpiW 50c 36,626.630 DCS Land. 30.518.562 •MrisHyd50c 29,442.550 *IMpha Ifltl 50 26,468,580 City Dw 50c 24,586.524 OeSFortign 23,460.180 •Pronwt 22,683,230 OCBC Foreign 21,730,488
        210 words
      • Article, Illustration
        Market takes a pause as investors take their profits
        639 16  -  STOCKKAUHT OOMMEMTAKT Market watchers see breather as healthy, saying underlying tone is still firm By Ven Sreenivasan [SINGAPORE] The market took a breather yesterday as some investors decided to take profits after two days of large gains. However, most market watchers
        639 words
      • ON THE GRAPEVINE
        • Article
          Taxing times in Taiwan
          133 16 WE ARE glad to note that capital gains come* before democracy in Taiwan. The Taiwanese ruling Kuomintang law-makers ysstsrday reversed s move by the LegUlatureadayearlier to introduce capital gains tax. The reason: the market tumbled 348.74 points, the biggest since 1990, on newsofthe passage of the
          133 words
        • Article
          Will Rusa be susah for UMW?
          193 16 THERE It a fascination with the deer, or its kind, to Malaysia and Indonesia. Perodua, partly-owned by UMW. plans to launch its lateat multi-utility vehicle, in the first quartar of this year. The model will be be caDadßusa (Malay name for deer). The 1.3
          193 words
        • Article
          Wedding holls at G K Goh
          105 16 WE HEAR that another highly eligible stock market personality will be taking the I plunge and tying the knot soon. G KOoh p Stockbrokers' director, Goh Yew Un, is due i to marry Charlotte Yew, a high-flying fond J manager from Jardine Fleming Investment
          105 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      82 6 A Tll7l rpfjri UTTf T PI T| A g~ > \W7' O Mtocribe to Hie Badness Times, the paper the market movcn read. J1 jl IJzVV/i\ 0 12 Ag.: Find out by reading The Business Times daily. s,w j njraf J twanrioiubicitwtof montr*a»Ss v lanctow SS cheque/money order kWw*pyK«e US$
      82 words
Page thumbnail Page 7
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      142 7 Tke rare perfection of Palek Philippe a( Tke H our Glass C(looting a timepiece akout ike exquisite skoukl ke a relaxed and feature* tkat kallmark affair. eack Palek Pkilippe li Especially you're our rare *H« ourselves perfeclioa of Palek connoisseurs. And our Pkilippe. customer* as At Tke Hour Glass, g
      142 words
Page thumbnail Page 8
Page thumbnail Page 9
Page thumbnail Page 10
Page thumbnail Page 11
Page thumbnail Page 12
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      86 12 ARE THE BULLS BACK I The Business limes, to—* Find out by reading Hie Business Times daily. nmta «*«».*>♦* Thyfay*' 12 BMHltfaf I I wanf >0 fcjCacrtae tof moot* at S$ Business Times lnr> at S$ 265.20. S$ cheque/money <*der HL X lUiinmt c*art (*o»*! on a 9ngapore bank II
      86 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      73 13 i QuickstQck„* WMimmiwikwnmm rovide j a Real-time Update A 24-hr s k in f o ana Gives you instant access to reliable stock info y° ure trnManager to any time, anywhere, keep Let* you make timely decisions on your investments. H a All you need is key In the 4-diglt
      73 words
    • Advertisement
      Page 13 Advertisements Column 2
      88 13 The new Louis C artier pen, the Jeweller's latest creation, is another example of Cattier's century-old experience in writing instruments. This exquisite and technically-perfect pen continues in the same fine tradition. Singapore Ngee Ann City. Tower B, #01-11, Gold-plated or lacquered, the Louis Cartier pen comes in five different nib
      88 words
Page thumbnail Page 14
Page thumbnail Page 15
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      756 16 Singapore Closing Share Prloos 05/01/1996 CLOSE PREV LOW HIGH *1111# USS US$ US$ US$ \HBBr Jardine Matheeon 7.46 7.15 7.05 7.50 IfJQRHI Jardine Strategic 3.14 3.20 3.12 3.16 L XSSSf A Dair y Farm 0.99 0.99 0.935 0.99 KM&i Hongkong Land 1.91 1.94 1.90 1.93 wmmmm Mandarin Oriental 1.30 1.33
      756 words
Page thumbnail Page 17
  • EXECUTIVE Lifestyle
    • Article, Illustration
      Modernising the historical club
      955 17  -  First, it was old apartment blocks. Now, Singapore's venerable old sports and social clubs have also been bitten by the redevelopment bug. omumiß ebbs reports CORINNE KERK Redevelopment A word associated with en-bloc sales of old apartment blocks has now spread to sports and social clubs.
      955 words
    • STRAWS In The Wind
      • Article
        Size:extra small
        63 17 TALK about space constraints and relativity. A Singaporean in Hongkong was told that the colony's new flats are being built in bigger sizes. As part of a wider selection, they now offer a choice of apartments in small and medium sizes. And what would these sizes translate into?
        63 words
      • Article
        Figure of fun
        50 17 HEARD these economist jokes? Q: What is an economist? A: Someone who likes working with numbers, but lacks the personality to be an accountant. Economists have forecast nine of the last five recessions. There are three kinds of economists: those who can count, and those who can't.
        50 words
      • Article
        Serious, stable Jacko?
        46 17 AND what about this one? Pop singer Michael Jackson has been described in various ways from King of Pop to man-child and child molester. But it's only when he is rushed to hospital that words like serious and stable can ever be used.
        46 words
      • Article
        Tough stuff
        41 17 CONTRARY to popular belief, Primary One blues are not limited to seven-year-olds. After listening in on a Primary One teacher, one anxious mother commented: "Wah, so fierce, even the parents are scared. Too harsh for the first week, lah."
        41 words
    • VIEWPOINT
      • Article, Illustration
        Lock icon Vision and execution
        1480 18  -  THE RAFFLES Conversation When Kenichi Ohmae speaks, pundits praise, bureaucrats balk, voters vacillate. For the prophet of the 'borderless world', what matters is that he acts on his beliefs, he tells kbhmbtb jambs KENNETH JAMES October is, 1991. At the high-profile National Business Forum the hot topic
        ARTHUR LEE  -  1,480 words
      • Article
        Genesis of the borderless world
        973 18 KENICHI Ohmae notes with pride that his theories are based on actual and extensive experience. The ideas that led to books like Triad Power (1985), The Borderless World (1990) and The End of the Nation State (1995) were hothoused in company boardrooms and on factory
        973 words
      • Article
        Taking on the Japanese behemoth
        368 18 niipyii iim# t yim itlct, especially bymtine Japanese politics, It something bureacracy, no lees. For Dr Ohmae, it was a matter of standing up for what he believes to strongly. "I retired from McHtoeny A would dedicatelEl* reet^^li&ta PKimhmnthw whM Pvl been iieaftt tag the
        368 words
    • ART
      • Article, Illustration
        Lock icon Celebration of artistic excellence
        874 19  -  The Tan Swie Hian Museum in Geylang provides a good introduction to one of Singapore's most important living intellectuals, writes iolalbmb IOLA LENZI This month marks the official opening of the new Singapore Art Museum. Much celebration will crown the event. However, while museums under the
        ALL PHOTOS BY CHRIS LOH  -  874 words
    • Article, Illustration
      Virtual stereotypes
      468 20  -  CINEMA A formulaic approach turns Virtuosity into a less thrilling movie than it could have been Ay Corinne Kerk IMAGINE a super-advanced artificial intelligence technology that allows you to interact with computer-generated characters. Well, that's good if the fellow turns out to be a better fHend than your
      468 words
    • Article, Illustration
      What a relief to be proved wrong
      863 20  -  TELEVISION The comedians weren't riveting, and the emcees weren't at their best, but the grand final of the Fame Awards was still a pretty watchable experience By. Kevin Sullivan IHAVE two confessions to make, one concerning competence, the other concerning prejudice, and both
      863 words
    • Article, Illustration
      Where the boys are
      363 21  -  NIGHTSPOT Hotbod at Clarke Quay offers a tantalising display of male muscle By Ang Wan May FORGET the crap about women being less turned on by displays of flesh than men just take a trip to Hotbod and you'll soon realise that the fairer sex can
      363 words
    • Article
      WHAT'S ON
      530 21  -  Compiled by Corinne Kerk TUHII Journey West This hilarious one-man show by Lon-don-based Singaporean Ivan Heng received rave reviews in the United Kingdom when it played there. As Heng himself describes it, the story is "a semi-demi-autobiographi-cal account" of his own experiences as a Singaporean actor trying to
      530 words
    • EPICURE
      • Article, Illustration
        All laid out for your delight
        719 22  -  Great meals don't have to end with the Christmas and New Year dinners. OMmum nag finds other occasions that call for imaginative table settings CORINNE KERK TWO weeks ago, we learnt about table settings for Christmas and New Year dinners. Pascale Garcia, consultant decorator
        719 words
      • Article
        Most memorable wines of '95
        922 22  -  WINE CONNOISSEUR Sharing the honours are a sweet wine from Italy, an Australian 'first growth', a white Graves and a couple of champagnes By] N K Yong HERE IS a list of memorable wines tasted the previous year, containing some expected gems, but also some
        922 words
    • Article, Illustration
      CINEMA
      1085 23 Babe. A lonely little pig is adopted by sheepdogs and achieves shepherding greatness. A real winner. gj Yishun: U.OS; 1.05; 305; 7.10; 9.10. Bishan: 1; 1; 3; 7.15; 9.15. TiojS Bahru: 11; l; 5.10; 7.10; 11.25. Pavilion 12.40pm. Boon Lay: 9; ffi 3.10; 7.20; 11.30. Bugis: Ham. Jurong: 2.45;
      1,085 words
    • TRAVEL
      • Article, Illustration
        Lock icon Back in the swing of things
        1266 24  -  Saigon, until recently one of the most boring after-dark cities in Asia, is learning to rock once more, mah graham joins the party MARK GRAHAM The writer is a Hongkong-based journalist who contributed this article to Executive Lifestyle. During the last couple of decades,
        PHOTOS BY MARK GRAHAM  -  1,266 words
      • Article, Illustration
        Lock icon Dark, smoky and convivial
        1161 24  -  There's much to savour in the earless, canal-rich Dutch city of Utrecht By Fraser Harrison The Sunday Times, London. IF YOU arrived in Utrecht by railway, you might be forgiven for wanting to catch the next train out again, but you would be making a mistake.
        The Sunday Times, London.  -  1,161 words
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      8 17 The Baffles Conversation Kenichi Ohmae. EL 2 LHH
      8 words
    • Advertisement
      Page 17 Advertisements Column 2
      241 17 mwT J Swie Hian I I Museum. I I .f .v». v > In-Depth Mnets tod New from Perspective u For over two decades Singapore Business has covered the local and regional I business scenes with more depth and I immk I breadth from a perspective which is I Profession:
      241 words
Page thumbnail Page 18
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      214 19 -uyfcv* -w* .j'n'. sweet spot. The aerodynamically engineered H $15 95 FREE! clubhead cuts drag by up to 85% to increase f| Jr. V«■ ■w clubhead speed naturally. Wilson Staff RM HHp> Forged Midsize Irons offer 17% larger playable of Staff Midsne Fo«fl«i RM Irons surface and the forgiveness of
      214 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      906 20 TO WIHE. DIME MID IHTtBTMM WORLD* ywoEST HUH Ken I -A LONG BEACH DOUBLE FORTUNE PROMOTION Our gnat sat nanus that coma ■M compfmantary book at Homy HMn XO Spociai 70d or Dynasty WhkaMna at domJo-aartfi ptkas. Andwhanyoumakaaraaarvationfbrtha'Yaar-End-CalabrstionManu" you ttouldba taking homa with you:-•1-itabba anaa*aa*aapatia»ytalaradlongßaaahTShirr. 'JtabhaAabova- a Smitad adUon of
      906 words
    • Advertisement
      Page 20 Advertisements Column 2
      145 20 I fancy 'Beijing? 11 I Then, we're deCtgftud to suggest the Tine Court for a memorable dining experience. Our lunch menu offers a variety of dian Kim -Beijing dumplings, a selectiom of I set menus, and 'Beijing specialities WjliyV such as'Beijing Tench and 'Marinated Lamb, fancy some uowf CHINESE 7
      145 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      586 21 Where to wine, dine and entertain...... 1 house PORRIDGE TREATS FOR SUPPER ADULT $11.00+++ CHILD S7.oo+++ Sunday to Friday 10.00pm to 3.00 am Saturday and Eve of Public Holidays 10.00pm to 4.00 am Ala-Carte available for supper Mi apouohotgl «Of CLOCK aOAO SMGAPOM 0)1*. T*t MUOD TfLVAJt ;i!IM T*UX: M
      586 words
    • Advertisement
      Page 21 Advertisements Column 2
      43 21 r j ii it swims, xrs /30 /c International, OFF me serve you for Lunch the way you want it to be. WIHW IMMI» KSUutUNT y/rsim!w£tmrrr Seafood lmrrnationai MarkU Restaurant Pit iJd 902 Fast Coal PKkw>v. Big Splah Complex Sngaporc *****4 Tel: *****11/3
      43 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      152 22 ,10^' The" Business Times V aiiiipiit 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. and more opinion and commentary. Start my TheßusinessTimes Subscription now $265.20(12 months lor local)
      152 words
Page thumbnail Page 23
  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2086 23 TODAY'S TV —mmmrnm -m F ra~n mDPS UJS TV Innovations. NRAlAMßllllXill f UHWIPIt »l nBWI S AM rim ILOO AM M.O.G. as Seen on TV M. HiQ.i Acinose. The big LOO ®jg v 5 occer: p A Cup Ar IVBaitlM Anthology production set in Miami. M Chinese Qigong. 7M Asian
      2,086 words
Page thumbnail Page 24