The Business Times, 2 March 1996

Microfilm: NL20585
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    13 1 The BusinessTimes folTA (P) (>46/12/95 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, MARCH 2-3,1996
    13 words
  • Article
    MARKET SUMMARY
    62 1 sin 243&51 (-0.08) BTOOHP *****9 (-2.69) BT-MGA 1166.48 (-2.82) STOCK MARKET INDICES Friday Change KLSEOOMP 1093.56 +9.15 NIKKEI .***** 63 +43.26 HANG SENG *****.94 +69.26 SET INDEX closed JAKARTA OOMP.. 589.11 MANILA COMP2948.18 +65.58 TAIPEI WPI 4877.38 +79.71 SEOUL COMP ..closed BOMBAY BSE30 ...3400.06 +8.07 CLSA CHINA B
    62 words
  • Article
    FINANCE
    70 1 EXCHANGE BATES us$ ss U8S: 1.412 1 1.529 2.159 DM 0.677 0.956 Y10§ 0.947 1.337 MS 0393 0.555 HKI .0.129. 0.183 BAHT 0.040 0.056 RUPIAH100 0.043. 0.061 PB1ME BATES SINGAPORE* 6.44 KUALA LUMPUR.. 8.15 JAKARTA 18.00 BANGKOK 13.75 MANILA—. 14.50 HONGKONG..., .8.75 TAIPEI _c_., J,00 SYDNEY. 10.75 TOKYO 2.80
    70 words
  • Article, Illustration
    Lock icon US$30b set to hit Asian bourses this year
    373 1  -  Lion's share expected to go to HE, S'pore and Malaysia, says investment strategist By I Siow Li Sen [SINGAPORE] Emerging stockmarkets in East Asia are expected to attract some US$3O billion (Ss42 billion) from global investment funds this year, up sharply from
    Earnings per share growth 96; JEN CHUA  -  373 words
  • Article, Illustration
    Landmarks feud ends as Daim's nephew takes over
    379 1  -  From, Ho Kay Tat in Kuala Lumpur A NEW group led by businessman Annuar Senawi a nephew of former Finance Minister Daim Zainuddin has taken control of Landmarks Bhd, ending the threemonth feud over the company between Samsudin Abu Hassan and Soh
    379 words
  • Article
    Agents' body to correct anomaly in HDB resale commissions
    426 1  -  By Abdul Hadhi [SINGAPORE] The Society of SISV Accredited Estate Agents (Socrea) is taking the lead in standardising agents' commission rates in the HDB resale market to match private market practice. However, the move is unlikely to be welcomed by most
    426 words
  • Article
    Citibank told to return millions of dollars in car loan interest
    481 1  -  MAS acts to ensure rebates for early redemptions By< Conrad Raj [SINGAPORE] Citibank has been asked to return several millions of dollars in prepaid interest payments as rebates to customers who settled their car loans early. The American bank,
    481 words
  • Article, Illustration
    Lock icon Aussie markets give Howard a ringing endorsement on polls eve
    297 1 Reuter [SYDNEY] Australia's financial markets surged yesterday, wagering a massive bet on the eve of a general election that voters will throw Prime Minister Paul Keating out of office and usher in a new era of conservative government. Stocks leapt
    Reuter; Source: Bloomberg; BCRUZ  -  297 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      144 1 DBgPB 1 Baying into nostalgia From Tiong Bahru to Prinsep Street, old flats have found an ardent following among professionals and the well heeled, ELI KTOTALDB t lfmrri tn it>ntoflhri nfpwi'n CMmiaMa ia HDB renle ipftrkat, this pg. Kickbacks and discounts already becoming more and more common as HDB prices
      144 words
    • Advertisement
      Page 1 Advertisements Column 2
      216 1 J 9 c jg Vectra 500 multimedia Jj, H speakers comes everything you the class, with up I to one gigabyte of f 2il|vl j-1 harddiskand 1 !li(|dw BMB RAM V|iV 'y expandable to Then we for You probably CD-based apphcation software, hardware for multimedia Lastly we make no installation
      216 words
    • Advertisement
      Page 1 Advertisements Column 3
      8 1 Market tips Libs but polls are divided, Pgs
      8 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Commercial card market may collapse
      534 2  -  MAS credit card spending limit threatens corporate, procurement cards By i Chan Siew Ling THE commercial credit card market in Singapore is set to shrink dramatically unless card issuers succeed in getting waivers against the Monetary Authority of Singapore's (MAS) latest credit limits. Sources say
      534 words
    • Article, Illustration
      Lock icon Flyers, Chomel eye the suburbs
      410 2  -  Consolidation plan involves closing some less lucrative outlets By Jenny Lam FLYERS and Chomel boutiques, set up by Kuok Cheng Sui of the Kuok Group, are consolidating their positions in Singapore. Some of the less lucrative outlets would be closed while new ones would be
      ARTHUR LEE  -  410 words
    • Article, Illustration
      Lock icon Asia-Pacific boom to fuel Swarovski's growth
      376 2  -  By, Jenny Lam A BOOM in consumer demand and infrastructure developments in the Asia-Pacific will underpin crystal maker Swarovski's growth in the region over the next few years. The Austria-based company, one of the world's leading crystal makers, projects that sales in the region
      ARTHUR LEE  -  376 words
    • Article
      Chomel, G2000 grab OUB Centre space
      174 2 FASHION retailers Chomel and G2OOO will be taking over the two-storey space in OUB Centre now occupied by the outgoing Galeries Lafayette. The French department store had announced in January that it was bowing out of Singapore and was closing its outlets in OUB
      174 words
    • Article, Illustration
      Private housing market to stay steady: Redas chief
      343 2 Condos expected to do better than landed property THE private residential property market should be steady this year, with prices moving within a 5 per cent band, says the president of the Real Estate Developers' Association of Singapore, Heng Chiang Meng. But
      343 words
    • Article
      Furniture fair likely to need 20% more space next year
      229 2 [SINGAPORE] Exhibition space for the International Furniture Fair Singapore (IFFS) is expected to grow by more than 20 per cent to 37,000 square metres next year. Singapore Furniture Industries Council (SFIC), the organiser of IFFS, also expects the event to
      229 words
    • Article
      Budget meets most businesses wish lists
      328 2  -  Byi Chuang Peck Ming BUSINESS representatives, unionists and grassroots leaders yesterday told the government's Feedback Unit that they were generally happy with the budget proposals made by Finance Minister Richard Hu on Wednesday. But the Feedback Unit, which held a special dialogue session on
      328 words
    • Article, Illustration
      Residential site in CBD up for collective sale
      208 2 THE latest property to join the spate of collective sales is a residential site at Yan Kit Road. Marketing agency Chesterton said yesterday that the property, located in the Cantonment Road and Tanjong Pagar vicinity, is one of the few freehold sites
      208 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      59 2 INVESTMENT OPPORTUNITY CANADIAN RESORT LAND suitable for VACATION RESORT INVESTMENT in the Laurentian Region. Freehold Land. 35 subdivided lots for sale. Minimum size 30,000 sq. ft. each selling for only Singapore $10,000. Plan No: 7318. For detailed information write to: Maple Realty, Crawford P. O. Box 571, Singapore *****3. Pager:
      59 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      442 2 CR7PTIC CROSSWORD ACROSS 1 Thought America was in the f j f I 1 I 4 Girl regularly found inside? 8 Many tried (without rebel lead- er) preparing explosive (8) 9 Gently lifting up and glorifying 11 I I I I 1 BB BB M| 11 Bird found other trees
      442 words
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  • FOCUS: PERSONAL FINANCE & DIVESTMENT
    • BULL'S EYE
      • Article, Illustration
        Lock icon BT Sentiment Index
        736 3 Those polled for their views on the Singapore stock market's outlook the week ahead are: Alliance, ING Baring, Daiwa, Fraser, GK Goh, Deutsche-Morgan, Phillip, Credit Lyonnais, SBC Warburg, Merrill Lynch. Buy! Par But FELS' 1997 order book has started filling up with the latest award of a
        Figures denote number of respondents  -  736 words
      • Article, Illustration
        In My Opinion
        283 3  -  Chia Yew Boon Haai rf Gkrpnta Banai-ck Orwfcy Secnrttiai Qreep UA FTEN seen in comI I panies' press releases is: "This will not materially affect this year's NTA (net tangible asset) and EPS (earnings per share)." This begs the question "What about next year and thereafter?" Or,
        283 words
    • Article
      KLSE showing signs of maturity
      709 3  -  BYE OK THE REGION: MALAYSIA There's been a clampdown on manipulators, an increase in research and investors are getting smarter By Martin French The writer is the managing director of Credit Lyonnais Securities, Malaysia. IT MAY not be so much fun but it is inevitable,
      709 words
    • Article, Illustration
      Stock market a key govt medium
      650 3 CPF Top-Up shows the commitment to develop a share-owning nation FINANCE Minister Richard Hu has deftly handed out what is viewed by the investment community as a give-away budget to Singaporeans in his juggling of the national coffers. From a stock market viewpoint, the
      650 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      351 3 an If. ;u t n utti Sound, Solid Secure Yes, we believe a substantial portion of your savings should be placed in investments which are Sound, Solid Secure. That s why we think you should take a closer look at our attractive endowment plans which are also approved under the
      351 words
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  • REGION
    • Article
      Indonesia sets up panel to study checks on imports
      405 4  -  SINGAPORE Foreign investors worried about the adverse impact on Capital goods imports Is/l S N Vasuki THE INDONESIAN government's decision to establish a "monitoring team" to study ways of curbing runaway import growth has rattled foreign investors who fear such a
      405 words
    • Article
      Lock icon Japan govt studying tariff concessions for Indon car maker
      253 4 JAKARTA AFP, The Straits Times THE Japanese embassy said yesterday it was studying an Indonesian government ruling that grants tariff exemptions to car maker PT Timor Putra Nasional for possible breaches of world trading rules. "We are still studying the contents
      AFP,; The Straits Times  -  253 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1538 4 CITY FLIGHT ETA FLIGHT HO HoChlMlnh VN741 1310 VN740 1410 GA890 0045 EK072 1710 S0174 1430 AdlllUl Of81 1930 Of82 2050 S0173 1920 EK073 2325 r- RJ11I7 Kong Kong S0863 0040 UA806 0815 ltJwr uuw UA805 0105 CX710 0840 kmiftom S0/0L25 0645 GA890 0045 S0001 1140
      1,538 words
    • Article, Illustration
      Asia forges investment initiative
      657 4  -  ASIAN VIEW It proposes action plan with Europe In one of summit's most concrete outcomes By Yang Razali Kassim ASIA yesterday took the first initiative to forge ground-breaking economic and business links with Europe, pushing for an ambitious action plan on the investment front. Clearly, one
      657 words
    • Article, Illustration
      Lock icon Closing the gap between Asia and Europe
      46 4 [BANGKOK] Netherlands' Prime Minister Wim Kok, Japanese Premier Ryutaro Hashimoto, Germany's Chancellor Helmut Kohl and Chinese Prime Minister Li Peng joining hands at the opening ceremony of the Asia-Europe Meeting yesterday. Twenty-five countries are attending the two-day conference. AFP
      AFP  -  46 words
    • Article
      Japanese investments seen reshaping Asian economies
      413 4  -  SINGAPORE East Asia expected to break with US dollar bloc By' Ven Sreenivasan THE Year of the Rat will see a major transformation of Asian economies as Japanese foreign direct investment shifts them towards high-tech output and moves their current and capital accounts into
      413 words
    • Article
      Lock icon Two arrested in swoop on illegal forex trading
      146 4 KUALA LUMPUR Reuter MALAYSIAN police said yesterday they had arrested two men for alleged illegal foreign exchange trading, signalling the start of a crackdown. The swoop followed an eight-month investigation by the central bank, Bank Negara, police and the Securities Commission into
      Reuter  -  146 words
    • Article
      Lock icon New forex rules take effect in some areas
      238 4 SHANGHAI Bloomberg Business News CHINA moved up by a month the start date of a forex regime by allowing some foreign companies to trade foreign exchange at designated banks starting yesterday, a step towards making the yuan fully convertible. A circular issued
      Bloomberg Business News  -  238 words
    • NOTE Book
      • Article
        Lock icon Jiang signs martial law provision
        55 4 Reuter [BEIJING] China's President Jiang Zemin yesterday signed a law allowing imposition of martial law to tackle threats tonational unity. The law enables Beijing to impose martial law more smoothly than in 1968 when Premier Li Peng made a late night television declaration to try
        Reuter  -  55 words
      • Article
        Lock icon Chinese military drill jet to start
        49 4 Reuter [TAIPEI] Taiwan's defence ministry said yesterday that China has not begun a planned military exercise. State radio reported on Thursday that there was widespread talk that the exercise, to be held along China's south-eastern coast facing Taiwan, was to start yesterday, —Reuttr
        Reuter  -  49 words
      • Article
        Lock icon HK growth forecast at 5%
        73 4 Reuter [HONGKONG] Hongkong's forecast trend economic growth rate is 5 per cent, Secretary for the Treasury K C Kwong said yesterday. "With a forecast trend economic growth rate of 5 per cent a year in real terms, we are able once again to make significant
        Reuter  -  73 words
      • Article
        Lock icon India aims at full convertibility in 3 yrs
        55 4 Reuter [NE W DELHI] Finance Minister Manmohan Singh said yesterday that India aimed to move to fall capital account convertibility in three to four years. "In the next three or four years our objective is to move India to a full-stage capital
        Reuter  -  55 words
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  • REGION/WORLD
    • Article
      Economic data puts damper on recovery
      538 5  -  TOKYO Rate rise hopes fade as major indices in the tankan are worse than expected By. Anthony Rowley THE prospects for continuing economic recovery in Japan received something of a setback yesterday with the disclosure of official data showing a weaker than expected recovery
      538 words
    • Article, Illustration
      Lock icon Former enemies work for peace
      52 5 [DONJE CAPARDE, Bosnia] A Serb peasant woman making her way past American and Russian peace-keeping troops outside the village of Donje Caparde on Thursday. The soldiers were carrying out their first joint patrols in the separation zone using US and Russian armoured vehicles and US
      AFP  -  52 words
    • Article
      Lock icon US economy seen growing 2% this year
      310 5 WASHINGTON Bloomberg Business News THE nation's sluggish economy will rebound to grow almost 2 per cent this year without producing large price increases, top-ranked Federal Reserve officers said on Thursday. The rebound may be a while in coming. The economy expanded at a
      Bloomberg Business News  -  310 words
    • Article, Illustration
      Lock icon Market tips Libs but polls divided
      375 5  -  SYDNEY By] Peter Lynch AUSTRALIANS cast their votes in a general election today with opinion polls predicting wildly opposing results, one putting the opposition Liberal Coalition as much as six points ahead of Labor, while another claimed the parties are neck and neck. But
      AFP  -  375 words
    • WORLD Watch
      • Article
        Lock icon 4 granted bail in corruption scandal
        77 5 Reuter [NEW DELHI] Three former Indian ministers and Pradeep Singh Sihag, a relative of former deputy prime minister Devi Lai, were granted bail in the hawala political corruption scandal yesterday, the United News of India said. The agency said the Delhi high court had
        Reuter  -  77 words
      • Article
        Lock icon Japan accused of economic spying in US
        84 5 Reuter [WASHINGTON] The chairman of the US Senate Intelligence Committee accused Japan on Thursday of trying to steal US economic secrets and said Washington should be "a lot tougher" on Tokyo in response. "The Japanese don't exactly play by the rules/' Senator Arlen
        Reuter  -  84 words
      • Article
        Lock icon Microsoft to spend US$1.5b on R&D
        93 5 Bloomberg Business News [SEATTLE] Microsoft Corp plans to increase spending to US$l.5 billion (Ss2.l billion) on research and development in fiscal 1997, largely because erf the great opportunities the Internet presents. That compares to more than US$l billion Microsoft expects to spend on R&D
        Bloomberg Business News  -  93 words
      • Article
        Lock icon Chile given 'A' rating by EIU
        85 5 Reuter (LONDON] Chile has become the first Latin American country to be given an "A" rating by the Economist Intelligence Unit in its quarterly assessment of country political and economic risk for investors worldwide. The ElU's latest report published yesterday says Chile's upgrading is
        Reuter  -  85 words
    • Article
      Lock icon US warns Russia against trade curbs
      202 5 WASHINGTON Reuter US GOVERNMENT officials and private trade analysts warned on Thursday that moves by Russia towards a more protectionist trade policy are extremely dangerous and could seriously harm Russia's chances of becoming a member of the World' Trade Organisation. "This step away from
      Reuter  -  202 words
    • Article, Illustration
      From bankruptcy to 6.5% growth
      708 5  -  LETTER FROM MEW DELHI In his last budget before polls, Dr Singh looks at five years of reforms By Prem Shankar Jha WITH only two months to go before the next election, India's four-month interim budget presented by Finance Minister Manmohan Singh on Wednesday should
      708 words
    • Article
      Lock icon US cracks down on bankruptcy fraud
      105 5 WASHINGTON Reuter ATTORNEY-General Janet Reno on Thursday unveiled a nationwide crackdown to prosecute fraud and abuse in the federal bankruptcy system. Ms Reno announced that the initiative dubbed "Operation Total Disclosure" has produced criminal charges against more than 125 defendants in 27 states over
      Reuter  -  105 words
  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      50 5 POONESnuitYi??/ Gary Trudeau 0 mxEeuMsmoF&c- excuse Me a TO H£iP PROMOTB m OONIZB MB! AL&O.IT MOMENT <S(JYS P CLAUDE, 7 I ttef&ATWAT UJG MBNTTO WALPSN YOU GUYS KNOW IOOBTHB*. BOOPS/SANP I I DON'T SACHOTHSR' COLU6S. I THJO OF 7H£ I COMMUMF SXn UJHeFZ PIP YOU j FOUNP/N& M£Moe&> AGO THAN
      50 words
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  • COMPANIES & MARKETS
    • Article
      SSL likely to take part in Telok Blangah project
      521 6  -  But parent Keppel warns profit may be later than forecast in Kay Hian's optimistic report By\ Lee Han Shih LISTED Straits Steamship Land (SSL) is expected to help parent Keppel Corporation redevelop its huge TeloK Blangah shipyard, but the stockmarket should
      521 words
    • Article, Illustration
      Scottish unit trust to be launched here
      291 6  -  By] Paul Leo [SINGAPORE] Scottish fund manager Murray Johnstone is planning to launch a unit trust here this year. But it will be a low-key affair without the usual fanfare of other unit trust launches. Singapore-based MJ managing director Peter Linthwaite said on
      291 words
    • Article, Illustration
      Market fall over new Indon car firm an over-reaction
      658 6  -  HOCK LOCK SIEW By Maggie Ford THE Jakarta stock market recovered yesterday as investors realised they have over-reacted to news of the special treatment given to a new Indonesian car company owned by Hutomo Mandala Putra, youngest son of President Suharto.
      658 words
    • Article, Illustration
      Ong Chit Chung joins the board of Sum Cheong
      307 6  -  Hongkong-based lawyer Philip Kan Siing Chen also joins the board By i Conrad Raj [SINGAPORE] Sum Cheong International, the Hongkonglisted but Singapore-based construction and mining company whose shareholders are fighting for control of the company, yesterday announced the appointment of Singapore
      307 words
    • Article
      OPH, Pidemco sell 70% of Seasons Park
      207 6 [SINGAPORE] Pidemco and Orchard Parade Holdings have sold 70 per cent of their 390-unit Seasons Park condominium as of yesterday, the Yio Chu Kang project's official launch day. Phase three of Seasons Park was put on the market yesterday, following the release of
      207 words
    • REGIONAL COMPANIES
      • Article
        Lock icon Analysts favour newspaper stocks, especially in Asia
        504 7 SCMP and New Straits Times among Lehman's top picks Bloomberg Business News [NEW YORK] Newspaper shares, especially in Asia, are attractive investments right now, according to Stephen Shobin and John Roque, stock market analysts at Lehman Brothers Inc. As economies expand around the
        Bloomberg Business News  -  504 words
      • Article
        Lock icon MBf Capital posts 25% rise in pre-tax profit
        312 7 Bernama [KUALA LUMPUR] MBf Capital Bhd posted a 25 per cent rise in pre-tax profit to M 5380.12 million (*****.7 million) for the year ended Dec 31, 1995 from M 5303.70 million in 1994, its president, Loy Hean Heong, said yesterday. He
        Bernama  -  312 words
      • COMPANY Briefs
        • Article
          Amtek buying JTC building
          54 7 [SINGAPORE] Amtek Engineering is acquiring a leasehold Jurong Town Corp factory building from De Nora Permelec Pte Ltd for $3.88 million. The property, located at 18 Tuas St, has "a remaining lease of 24.8 years. The purchase will allow Amtek to expand its production capacity to
          54 words
        • Article
          Kcppel Securities' non-exec chairman
          43 7 [SINGAPORE] TEO Ming Kian, Permanent Secretary for the Ministry of Communications, was appointed as Keppel Securities Pte Ltd's non-executive chairman yesterday. Mr Teo is also chairman of the Telecommunication Authority of Singapore and the National Science and Technology Board.
          43 words
        • Article
          2 Datacraft directors resign
          27 7 [SINGAPORE] Datacraft Asia's non-executive directors Caroline Chan Fong Chee and Peter Charles Pryor have resigned, the firm told the Stock Exchange of Singapore.
          27 words
        • Article
          Hariman's NTA backing
          29 7 [SINGAPORE] Harimau Investments announced that its net tangible assets backing per share was $2.12 per share, based on the group's unaudited accounts as of Jan 31.
          29 words
        • Article
          STIC ups stake in associate
          62 7 [SINGAPORE] Singapore Technologies Industrial Corp said yesterday it acquired 6.15 million additional ordinary shares at $1 each in associate Singapore-Wuxi Investment Holdings Pte Ltd on Dec 15,1995. It also acquired 323,545 additional ordinary shares at $1 each in SWIH on Feb 16. The acquisitions bring
          62 words
      • Article, Illustration
        Lock icon A young girl's best friend
        54 7 [HANOI] Young girls choosing teddy bears at a shop in Hanoi on Thursday. The toys are made by Ho Chi Minh City's local private company Hung Sang. Several local companies have started to tackle the market in teddy animal toys which is still largely flooded
        AFP  -  54 words
      • Article
        Lock icon MMC in Laotian hydroelectric plant talks
        179 7 MBT [KUALA LUMPUR] MMC Engineering Bhd is in the final stages of negotiations with the Laotian government to set up a hydroelectric plant in northern Laos. The plant is to generate between 100 MW and 150 MW of electricity for export to Thailand, Cambodia
        MBT  -  179 words
      • Article
        Lock icon EPF to invest only 10% in equities
        205 7 MBT [KUALA LUMPUR] The Employees Provident Fund (EPF) does not intend to invest in the equity market up to its allowed ceiling of 15 per cent. Instead, it will maintain the asset allocation at about 10 per cent of its total funds until
        MBT  -  205 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon World's richest man can afford to bypass Wall Street
        380 8 Bnffett not using underwriters to sell USsloom Berkshire Hathaway stock Bloomberg Business News [NEW YORK] How much is Warren Buffett's name worth? The world's richest person thinks it's valuable enough to peddle US$lOO million (Ssl4l million) worth of new stock in
        Bloomberg Business News  -  380 words
      • Article
        Lock icon AlliedSignal to sell units
        199 8 Reuter [NEW YORK] Allied Signal Inc said on Thursday it agreed to sell its light vehicle hydraulic and anti-lock braking businesses to Germany's Robert Bosch GmbH for US$l.5 billion (Ss2.l billion) in cash. "I think we got a great price for a company that I hope
        Reuter  -  199 words
      • Article, Illustration
        Lock icon Beauties and the bourse
        46 8 [NEW YORK] Revlon Inc supermodels Claudia Schiffer (centre) and Cindy Crawford greet traders on the floor of the New York Stock Exchange on Thursday to kick off the company's initial stock offering. Revlon is offering seven-and-a-half million shares of common stock. REUTER
        REUTER  -  46 words
      • Article
        Lock icon Gains from Mobil, BP tie-up seen understated
        241 8 Reuter [NEW YORK] The benefits from combining Mobil Corp's European refining and marketing operations with British Petroleum Co pic's could exceed the companies' expectations, security analysts said on Thursday. The annual savings of US$4OO million (***** million) to US$5OO million the companies predicted
        Reuter  -  241 words
      • Article
        Lock icon DuPont to slash 1,500 jobs
        126 8 Bloomberg Business News [WILMINGTON, Delaware] DuPont Co said it will slash 1,500 jobs in its fibre businesses to make them more competitive. This will result in in a first-quarter charge of US$27 million (Ss3B million). The action affects about 1,200 employees at the company's North
        Bloomberg Business News  -  126 words
      • COMPANY Briefs
        • Article
          Lock icon Italy's Armani buys 16.88% of Simint
          88 8 Reuter (MILAN] Italian designer Giorgio Armani said his company bought a 16.88 per cent stake in Italian textile group Simint SpA from Hongkong financier Ong Beng Seng*s company La Finar Sri and Armani will now launch an offer for the rest of the group's
          Reuter  -  88 words
        • Article
          Lock icon Internet charge loophole to be plugged
          80 8 Bloomberg Business News [WASHINGTON] The Federal Communications Commission is expected to change its rules for how local phone companies get paid to carry data and Internet dial-ins, industry executives say. Currently, companies that provide access to Internet don't have to pay the local phone
          Bloomberg Business News  -  80 words
        • Article
          Lock icon Thomson-West merger under scrutiny
          83 8 Bloomberg Business News [WASHINGTON] The proposed US$3.4 billion (Ss4.B billion) merger of the Thomson Corp and privately-held West Publishing Co is likely to get close scrutiny from officials, antitrust lawyers say. Thomson's bid to acquire West would combine legal publishing industry leaders, both of whom are
          Bloomberg Business News  -  83 words
      • Article
        Lock icon Westinghouse finalising sale of defence unit
        175 8 Firm using proceeds to repay debts from CBS acquisition Bloomberg Business News [PITTSBURGH] Westinghouse Electric Corp said on Thursday it expects to complete the US$3 billion (554.26 billion) sale of its defence electronics unit to Northrop Grumman Corp in several days. Pittsburgh-based Westinghouse plans
        Bloomberg Business News  -  175 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        570 8 VtM* Voy No Btrth Arrival Otparturt Angel Great 9601 JM 22.02/0830 04.03/0800 Anionqjiang 148S J12 01.03/1500 02.03/2300 Armada S 4 J21 02.03/0800 02.03/2000 Bat am Baru *****6 J01 01.03/1400 01.03/2300 Ben Thanh 2A/96 J03 01.03/0900 02.03/0600 Brit oil 10 6/96 J13 28.02/1500 02.03/0700 Bt C Amal II 1/96
        570 words
      • Article
        CONTAINER SCHEDULES
        1502 8 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Booktnq/BaUnc* Rstls Ship Voy No Etb/Btr Period From To From Atl OTU 04/0700 M 01/1500 OVHM 01/1900 ovboo ovum ovnoo u ovrroo at/out 02/0*00 1 02/0700 02/1B9 02/1400 4 02/1200 02/1459 02/1700 *CiS«4ii 2ti 03/1600 U 01/1500 01/1659 0VW3 21
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    • FINANCE & COMMODITIES
      • Article
        Lock icon BOE plans to boost public image
        556 9 Bank of England to study the best practices of regulators in other parts of the world Reuter [LONDON] The Bank of England (BOE), hunting for lessons from the collapse of Barings, said it planned to visit the overseas dealing rooms of banks it regulates
        Reuter  -  556 words
      • Article, Illustration
        Lock icon Limited upside for US$/DM, US$/SFr
        409 9 US$/DM: Failure to break 1.4420 saw the dollar embark on a fast turnaround, rising to a high of 1.4747 by Thursday. Resistance is seen at 1.4750, the 61.8 per cent retracement of the downmove from 1.4955 to 1.4420. A breach of this level is required
        Source: DBS Bank  -  409 words
      • Article
        Trading in US$ for TSR20 under study
        204 9 [SINGAPORE] The Singapore Commodity Exchange is studying the feasibility of converting the trading currency of its TSR2O award contract from Singapore dollars to US dollars, its chairman Lim How Teck said at the Rubber Trade Association of Singapore's New Year dinner last night.
        204 words
      • Article
        Lock icon Poor risks hit some Lloyd's trusts profits
        119 9 Reuter [LONDONJ Some Lloyd's of London investment trusts are underperforming because of the poor quality of the risks insured, Lloyd's members agent Christie Brockbank Shipton Ltd (CBSL) said in its newsletter yesterday. Four of the original 12 investment trusts had a high property
        Reuter  -  119 words
      • Article, Illustration
        Untitled
        1217 9 prnatBAint currency rates 4tm Currencies Bid nw »*«2? US$ Currencies 8M Offer Id Offer CwToacies BW Offer M Offer French franc 27.8905 28.9213 5.0585 5 0605 Local dollars to one unit of foreign currency: Hongkong dollar 18.25 18.27 7.7312 7.7322 Australian dollar 107*9 1.0784 0.7630 0.7635 tndonesia roplah 0.0610 0.0611
        1,217 words
      • Article
        Lock icon US insurer Prudential may axe several jobs in revamp
        226 9 NEWARK Bloomberg Business News [NEWARK, New Jersey) Prudential Insurance Co of America said it will transfer or fire about 1,110 workers in a consolidation of its New Jerseybased property and casualty and life insurance units. The largest US life insurer said
        Bloomberg Business News  -  226 words
      • Article
        Lock icon CURRENCY REPORT
        155 9 Reuter, AFP liWidftn THE dollar maintained its stronger tone in Europe although the technically-driven nature of its rise meant initial hurdles at around 1.4800 marks and 106 yen were hard to climb. "The shorts are now covered and whether we head higher depends on whether we get any
        Reuter,; AFP  -  155 words
      • Article
        Lock icon BP-Mobil merger unlikely to affect oil market
        293 9 ENERGY REPORT Reuter [LONDON] The merger of British Petroleum and Mobil Corp's European oil downstream operations is unlikely to affect the companies' oil trading activities or the structure of the oil market, industry and trading sources said. The relationship between the huge joint
        Reuter  -  293 words
    • COMMODITIES & FUTURES
      • Article
        COMMODITY Reports
        920 10 [KUALA LUMPUR] Tin price on the Kuala Lumpur Tin Market closed 11 sen lower to M 515.57 per kg due to active liquidation following a softer trend on the overnight London Metal Exchange. The LME saw three months tin dropping US$lO to U556,160. Dealers said higher offerings by
        920 words
      • Article
        Lock icon SIMEX Report
        1126 10 Reuter [SINGAPOREI Simex Euroyen and Japanese government bond (JGB) futures closed sharply higher yesterday, on frantic short-covering sparked by worse-than-expected figures from Japan's quarterly tankan survey of corporate sentiment. The tankan showed that the economic improvement is still very slow, suggesting that the Bank of Japan is unlikely
        Reuter  -  1,126 words
      • Knight-Ridder Commodity Summary
        • Article
          Japan importing less palladium
          77 10 [TOKYOIA sharp decline in Japan's palladium imports in January reflects high inventories in Japan after strong buying in 1995, a trader at Japan's Tanaka Precious Metals Co said yesterday. Japan's palladium imports fell to 2.4 tonnes in January, compared with 8.6 tonnes in January 1995, while
          77 words
        • Article
          Indonesia sugar output falls
          72 10 [JAKARTA] Sugar output in Indonesia reached 2.1 million tonnes in 1995, a moderate decline from 1994's 2.4 million, Media Indonesia reported yesterday. Arlis Noer, an official from the agriculture ministry, blamed the poor showing on diminishing farmland in Java, the newspaper said. And problems also arose
          72 words
        • Article
          India copper cathodes output down
          67 10 [NEW DELHI] India's copper cathodes output in the first 10 months of fiscal 1995-96 (Apr-Mar) was 32,792 tonnes, compared with 39,207 tonnes a year earlier. A Mines Ministry statement noted the government's target for AprJan output was 36,200 tonnes. India's 1994-95 copper cathodes output was
          67 words
        • Article
          Australia wins bulk of beef tender
          116 10 [SYDNEY] Australia has secured 86.5 per cent of possible fullset and quarter business in the latest South Korean beef tender, with New Zealand to supply the balance. This is the South Korean Livestock Products Marketing Organisation's seventh tender for the 1995-96 (Oct-Sep) marketing year,
          116 words
        • Article
          China may not export corn
          68 10 [SINGAPORE] Despite high prices and a good harvest, China will stay away from the grain market for the near term, traders said. An official at China's Ceroilfood said yesterday that China may export some corn later this year due to a good harvest, but traders
          68 words
      • Article
        COMMODITY PRICES
        1132 10 SICOM FUTURES Marl RUBBER (Mm dosing m at S JOpn) RSSICONTtACftScMtsAe) ClOM VotWM OpM Mwitfc Uw Sott (touts) lntwwt Apr 96 228.00 226.50 227.25 775 2650 226.50 300 4000 J«n96 ***** 2875 222.50 ***** 222.50 300 ***** Oct/fcc 96 222.00 ***** ***** 300 6750 Jm/Mar 97 222.00 220.00
        1,132 words
    • Article
      REGIONAL STOCK MARKETS
      4761 11 P Tokyo +43.26 SHARE prices closed broadly higher yesterday, rallying on surging bond prices in the wake of worse-than-expected results in the tankan, Japan central bank's quarterly corporate survey. The Nikkei 225 Average closed 43.26 points higher at 20,168.63. The Topix Index ended up 4.37 at 1,564.83
      4,761 words
    • Article
      WORLD STOCK MARKETS
      1786 11 Q London +25J SHARE prices closed higher on a firmer bond market and hopes of an interest rate cut, dealers said. Shares were off their highs as sentiment was dented by the volatility on Wall Street, they added. The FT-SE 100 Index was up 25.1 points at
      1,786 words
    • Article, Illustration
      Lock icon HONGKONG
      2494 12 AFX-Asia Hang Seng +69.26 SHARE prices closed higher in thin trading, dealers said. The Hang Seng Index closed up 69.26 points at 11,194.94 having traded to a high of 11,197.08 and a low of 11,040.01. Turnover was HK54.52 billion. The market fell at the afternoon opening but picked up
      AFX-Asia; ALLAN  -  2,494 words
    • Article, Illustration
      Lock icon JAKARTA
      1184 12 AFX-Asia n Composite Index +3JO SHARE prices closed higher led by a rebound in oversold large-cap stocks, dealers said. The Composite Index edged up 3.90 points to close at 589.11. Advancers and decliners were matched at 40 on volume of 60.95 million shares worth about 219.61 billion rupiah. A
      AFX-Asia; BCRUZ  -  1,184 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Good corporate results cheer market
        7126 13 KOALA HHtfUßTfeporte Bloomberg Business News n Composite Index +9J5 STOCKS rose after a handful of companies reported earnings above forecasts for the 1995 financial year. "This signifies a trend that other companies should show pretty good results," said an analyst. Malaysian Tobacco shares rose two
        Bloomberg Business News  -  7,126 words
    • WARRANTS & OPTIONS
      • Article
        Acidchem warrants: reasonable, given the time factor
        3547 14  -  WARRANT WATCH -By E R Sivanithy AS REGULAR readers will know, Malaysian warrants are usually much more volatile than their Singapore counterparts. As things stand now, Malaysian stocks seem to be very much in play, so we'll continue looking for value north of
        3,547 words
    • Article
      CLOB INTERNATIONAL
      1941 14 Of 6c Vat On Lm« Ouot* Dh H> YM Ml M C*» HH» L— stm Caa»any S* COOP) HH» Law Hyac SaMar Cvr p/t $mi| ta i* sooo aisbsoc ts uu> s.o 4.* 02 000 hot 3 5 MDe50c 2a»*ttsnwi«u<usi«j »K Alcorn 222 u mi B4 *5 5003
      1,941 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        1099 15 TURNOVER COOO) VALUC fOOO) cm TH* v iw» at T«m iMMuttrU 31.651 to,764 42.413 111,939 20.190 132,129 »2555* 4> V4 420 W** 34,481 23,524 54,005 U26 2.559 3.685 3.969 4,222 UH «4» 9.519 15,768 49,580 13,627 63,207 2.509 2.509 6.921 6,921 956 9S6 3.325 3,325 V W.W 3.690 4,722 8,612
        1,099 words
      • Article
        MAIN BOARD
        4486 15 Of Of M Wt 1995/96 Last Vol Oay Last Ouota Dtv Div YM Net C« An Nigh Law StNo Company Mo COOO) High Low Buyar SoMof C'vr P/E $mk Prlco —n Mdusthals r« «4 176 1258 AcarSOc US200 *5 33 200 195 197 ,3.5 33,, 4f4 318* ml
        4,486 words
      • Article
        SESDAQ
        810 15 -P"*- a w.-'u. *s a a a.a hum 2W 50 J SftjfellZSo 25 272 2T HI ,B 69 0J 273 '24 77.5 2002 Attach 5c 94.5 «1 531 94.5 93 93.5 95 20.0N 4 7 LI 19 3 340 2 94 ?o* Ult#5C l 7C: 5 'J 62 6
        810 words
      • Article, Illustration
        Lock icon HOT STOCK
        66 16  -  -By Paul Leo STIC will trade in the $3.00 $3.42 range for the next feu weeks. Repeated attempts to go above $342 have failed and the stock now has to build a base between $300 and $3.12 before the next thrust upwards. Daily and weekly RSIs are neutral
        JEN CHUA  -  66 words
      • Article, Illustration
        Market expects no surprises in coming corporate results
        871 16  -  STOCK MAKKET COMMENTARY Focus shifts to Malaysian bine chips and second-liners as Singapore market languishes for the fifth day in a row By R Sivanithy [SINGAPORE] Malaysian blue chips and second-liners were in the limelight yesterday, probably benefiting from the lack of
        871 words
      • ON THE GRAPEVINE
        • Article
          Switching loyalty swiftly?
          148 16 AT A property seminar yesterday, Mr Heng Chiang Meng, president of the Real Estate Developers' Association of Singapore, gave a more bearish prognosis for the landed property market than for condominiums. Citing two examples, he said: "Seasons Park condo, priced at $610-1620 per sq foot, appears to
          148 words
        • Article
          Posim's potential
          118 16 SEVERAL Kuala Lumpur-based research houses are said to have revalued Malaysian secondboard counter Posim following its recent acquisition of Sabah's largest timber concessionaire. We hear that at least one house has placed the building materials distributor's value at between M|9 and Msl3 per share after its acquisition of
          118 words
        • Article
          Moody blues
          103 16 INDONESIAN state banks are still smarting from rating agency Moody's extremely poor assessment of their financial position. But at least one state bank official is not taking things lying down. On Monday, a senior executive of state-owned Bank Rakyat Indonesia (BRI) told local papers that the poor ratings
          103 words
        • Article
          Calls from the syndicate
          99 16 A SOURCE who is still stuck with Malaysian counters from the heady days of 1993 said she was recently told by a punting syndicate she is involved in to cut her losses as the ringgit is expected to fall to 50 cents. (One ringgit is currently
          99 words
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      185 6 THE MONETARY AUTHORITY OF SINGAPORE BIN6APORE GOVERNMENT OFFERING OF TAXABLE BOOK-ENTRY BONDS TO THE PUBLIC AMOUNT OFFERED SGD 800 MIO ISSUE CODE N*****0W ISSUE DATE 15 MARCH 1996 MATURITY DATE 15 MARCH 2001 INTEREST RATE TO BE DETERMINED BASED ON THE AVERAGE YIELD OF SUCCESSFUL APPLICATIONS < PRICE TO BE
      185 words
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      480 7 the business times URSTTLE EXCLUSIVE Ct^sS/4vSss^O THE prpQfpcf =An alabaster cast this blgyptian 9 measurement water receptabiecan be found at the Karnak Temple. It is dated 1415-1308 I -BC and is also called a clepsydra. ill I 111 K J of all time. —i Ifr I Since the invention of
      480 words
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      186 9 I THE NEXT BESTraiN^ B™™"8™™" I PRUDENTIAL I BACHE You have already accomplished more than most of your peers. You are successful, whether as a sales professional, banker, accountant or entrepreneur. In fact, your accomplishments are starting to outpace your rewards. You should consider the limitless career of a Prudential-Bache
      186 words
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      124 11 A 11 r 1 M 11/ "DT I I T C| 1 B A Q Subscribe to I Name(Mr/KAVMs/Dr*) Age: /VIVCi 111 lil If y Mm. 0 The Business Times, Address:. Find out by reading The Business Times daily. "»»»>» I Occupation Tlx/Fax*: 12 months I want to subscribe for
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      75 12 APHRF u fe^fj^Maggpt ¥>/:Jr«:M^;i^f'':fi^S^»3 Ktsjg^p^aaafe''i-. -> ;iJr&s"?a«Mulfc..M ,*j «s«»# > f*v J** -o»' >&**2 *-"»*•#■~*m#m?>* 4?i> -st* 4 CJ €lr -1 <t v s M -&4? I?^:^' m m f: /2fl//A//2 V/ 111 TIIC m/^r uflrf/Vu YUU THE WINNING EDGE 2 ♦The Thai and Chinese stock markets were closed yesterday.
      75 words
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      46 14 SMOOTH AS SILK TO BANGKOK Travelling to Bangkok? Fly smooth as silk on Thai SIX TIMES DAILY* six times daily. Enjoy gourmet food, vintage French wines and a standard of service that's famous the world over. Thai. Smooth as silk. *Effective from 31st March 1996. j^jj
      46 words
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      149 15 BUY,* SELL* FmPj* Classified ads make finding a job an easy chore. No matter what it is, you can always buy it, sell it or find it with the Classified TOLL FREE 1800-737-1166 y£j Call Today For Results Tomorrow. B^S Wm WE'RE A BANK OF KNOWLEDGE ON HB UNIT TRUSTS.
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      1134 16 Singapore Closing Share Prices 01/03/1996 CLOSE PREV LOW HIGH till*# USS US$ US$ US$ \llifr Jardine Matheson 7.90 8.00 7.90 8.00 Jardine Strategic 3.38 3.40 3.38 3.40 A Dairy Farm 1-03 0.97S 0.97 1.03 Hongkong Land 2.20 2.17 2.14 2.21 Mandarin Oriental 1.32 1.31 1.31 1.34 EtiUaUlißf Jardine Strategic W9B
      1,134 words
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      Page 16 Advertisements Column 2
      334 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 80 AND IN THE MATTER OF PLANTATION SERVICES PTE LTD (In Member*' Voluntary Liquidation) NOTICE OF RESOLUTIONS At an Extraordinary General Meeting of the members of PLANTATION SERVICES PTE LTD duly convened and held at the Registered Office, 2 Kung Chong Road,
      334 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Buying into nostalgia
      1325 17  -  Old flats in Tiong Bahru and Prinsep Street are getting a face lift, taicsp tew finds out who's sprucing them up and how TAN SU YEN 000, street colour and a pace leisurely enough to evoke the HI halcyon'sos —these Qualities have long drawn people from all
      HOME & DECOR; CHRIS LOH  -  1,325 words
    • STRAWS In The Wind
      • Article
        Early days yet
        71 17 A LOCAL bank trying to recruit senior citizens for its Club 55plus committed a boo-boo when it sent out some literature to one senior executive. On the envelope, it said, "Senior citizens know a good deal when they see one." Inside were the words: "After 55, what's
        71 words
      • Article
        Snap decision
        115 17 WHO SAYS property prices are cooling off? At the recent soft launch of Seasons Park in Ang Mo Kio, a newly wed couple were trying to figure out how to finance a $720,000 apartment as units were snapped up around them. Caught in the heat of the rush,
        115 words
      • Article
        Egg on his face
        70 17 SO YOU think everyone who travels first class is sophisticated? How about this guy, who was asked by the stewardess if he wanted some caviar. Yes, he answered. "Would you like some of the condiments?" the stewardess asked, showing him the assortment of chopped egg, onions
        70 words
    • VIEWPOINT
      • Article, Illustration
        Lock icon The economics of trust
        2398 18  -  THE RAFFLES Conversation Studying what it takes to succeed in the global economy is social scientist Francis Fukuyama's main preoccupation these days, reports loom »>****■ LEON HADAR WHEN Francis Fukuyama declared in 1992 that the winding up of the Cold War marked the end of ideological
        PETER HEIMSATH/PHOTO INTERNATIONAL  -  2,398 words
      • Article
        Asian roots, European influences
        340 18 PRANCIS Pukuyama, 43, has a lot of respect for his Japanese heritage. His father's family arrived in the US from Japan in 1905 and his mother immigrated to the US after the war in 1949. His father was placed in an internment camp in Colorado during
        340 words
      • Article
        Will East. meet West?
        415 18 ONE of the Ironies of the End off History, of the convergence of larger institutions since the end of the Cold War, is that people around the world "are now even more aware of the cultural differences separating them," says Francis Fukuyama. "Asians are troubled by
        415 words
    • COVER STORY
      • Article, Illustration
        Lock icon New look, same spirit at Prinsep Street
        479 19 LIKE Tiong Bahru, Stamford Estate in Prinsep Street is another 1950s SIT development that has thankfully escaped the demolisher's iron ball. These seven low-rise blocks, with their signature round stairwells, sit smack in the middle of the colourful Bugis area, home to famous
        ARTHUR LEE  -  479 words
    • Article
      Breakfast treats
      458 20  -  TELEVISION Channel 5 serves np an unexpectedly appetising menu on Tuesday mornings By\ Kevin Sullivan DAYTIME television is a world of its own, surprisingly watchable. Burt Wolfs Menu (Tuesdays, 9am, Ch 5) is a food show characterised by intelligent presentation and unusually good images. Mr Wolf has two
      458 words
    • Article, Illustration
      Sure-fire screen sizzler
      623 20  -  CINEMA Heat is a film well worth watching, even if it ultimately falls into the cops and robbers genre it tries so hard to transcend By] Holly Harrison i EAT is a well-crafted film' that tells the story of two intense loners —Neil McCauley (Robert DeNiro), a
      623 words
    • Article, Illustration
      Lock icon Hey, big spender
      610 21  -  NIGHTSPOT With waitresses in suits and bow-ties and customers who order Cordon Blen by the bottle, Moonlite Park is anything bnt your standard neighbourhood pub By. A Surendren MOONLITE Park, the adjunct pub to the hugely successful Lido Palace Club and Ginga Exclusive Members Club, is a
      ARTHUR LEE  -  610 words
    • Article, Illustration
      WHAT'S ON
      449 21  -  Compiled by Holly Harrison THEATRE The Yang Family Theatre Works presents a two-part play by Leow Puay Tin that tells the saga of an immigrant family over many generations. Taking place in an old Chinatown shophouse, the performance makes use of the space by moving the crowd through
      449 words
    • DIVERSIONS
      • Article, Illustration
        Lock icon A scrumptious spread under the sun
        743 22  -  If you love good food and wine, you'll want to be in Blenheim, New Zealand, in the second week of February each year, jazme be explains why JAIME EE IN CASE you didn't know, the people at New Zealand's tourism board have a dossier
        PHOTOS BY JAIME EE  -  743 words
      • Article, Illustration
        Pottering around in Nelson
        569 22  -  SHOPPING Make a beeline for the ceramics, glassware and foodstuffs, and you'll go home a happy shopper By, Jaime Ee POR that other Singaporean passion, shopping, it can be pretty disappointing if you're looking for fashion goods or household linen and things. Most of them are
        569 words
      • Article
        Three of New Zealand's best
        701 22  -  WINE CONNOISSEUR Check out Rumen River, Cloudy Bay and Villa Maria for the country's top wines By\ N K Yong KUMEU RIVER WINES, West Auckland Founded by Mate Brajkovich in 1944, this family-owned winery is one of New Zealand's best. Michael Bntfkovich, the older of
        701 words
    • Article, Illustration
      CINEMA
      1179 23 Ace Ventura: When Nature Calls. Funnyman Jim Carrey goes to Africa to find a sacred white bat in time to stop a tribal war. Yishun: 10.25; 12.30; 2.35; 1.50 am. Bishan, Tiong Bahru: 10.30; 12.30; 2.35. Pavilion: 12; 8.40; 10.45. Boon Lay: 9; 11; 1; 3; 7.15; 9.30. Broadway;
      1,179 words
    • TRAVEL
      • Article, Illustration
        Nature at its fairest
        1015 24  -  If there's any such thing as God's green earth, then Marlborough, at the northern tip of South Island, is where you'll find it, writes jaxmeeb JAIME EE IHAVE just been to New Zealand. I did the usual tourist thing—rented a car, drove through the countryside, killed
        1,015 words
      • Article, Illustration
        Nine rooms with a difference
        395 24 HOTEL Hotel d'Urville is a happy combination of urban chic and small-town hospitality IF YOUR definition of great service in hotels is a bellboy who shows you how to operate the Pay TV channel in your room, then you haven't been to the boutique Hotel
        395 words
      • NZ by plane, train and automobile
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      6 17 'Baffles Conversation Francis Fukuyama EL 2
      6 words
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      89 17 Travel Discovering paradise in Marlborough, New Zealand EL 8 h > INCREDIBLE CHEEK AT THE REGENT At the new Capers Terrace, you'll discover some of the freshest seafood in Singapore, served just the way you like it, every night of the week. Drop by for some incredible cheeks. Then savour
      89 words
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      45 19 SEX and much, LOOK GOOD much more on A k at ANY age the IMTIRNET -25,35,45 V-ft r-Tf,W j- Undressed JW 1 1 I fl lß\ 1 I I PRESCBOTWES m IA #.UM Vll 1 M4KF4P BRUSHtS 9 Shed your CLOTHES and vour INHIBITIONS mrßtt^
      45 words
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      40 19 KMPEO® Sliding walks Inspirational Doing up for open living gardens blue rooms your storage GET IT NOW! Times the Bookshops NTUC Supermarkets Kinokuniya 7-Eleven AW STOP PRESS kiosks Cold Storage SMI Esso Caltex Mobil SPC •BP MP Singapore Press Holdings
      40 words
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      970 20 SERVINGS UNLIMITED! HELP YOURSELF TO 014 yime goodies... Such as meat dumpling (buk chang), mini dumpling popiah, deep-fried spring roll, steamed yam bun, (teamed minced pork k shallot cake, sweet peanut soup, sweet red bean soup, baked peanut pastry, mee teh, ang ku kueh, huat kueh, etc... Enjoy as much
      970 words
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      Page 20 Advertisements Column 2
      115 20 For rtfrvgttom piimcrf 131 6351/9 Hie ribs are good cheap 99 Man Kan Keng of The Sunday Times voted The Sixties Diner"" Talk about... w Good Ribs Sixties has it Cosy Ambience Sixties has it Inenpensiue Fine Dining jmß Sixties has it For reservations, please call 226-5830 j^jL. Sixbes: 31
      115 words
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      168 21 Where to wine, dine and entertain .••••••••••••••••••••••••a Magical /ufi& coffee house WEEKEND rT/ I 3t 5 a celebration! Delight the kids with a xxfcf. treat this weekend "Hocus Pocus" and spell bind them with mouthwatering y jp& goodies. MACIC SHOW HIGH TEA t Every Sunday Adult: $12.00+++ J 1.00 pm
      168 words
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      177 21 Unwind witk golden kukkles at tke Hubertus Grill tkis Su ulay witk a free glass of Gold Sekt Champagne, containing real 24 carat gold flakes. TKe perfect compliment to a Sunday Brunck, tkat even King Midas find kard to resist. A ANA HOTEL SINGAPORE 16 N«ttim Hill. Singapore *****7. Iclrfliont
      177 words
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      200 21 I JftDl I IXXINOC More for More Celebrating a special occasion Toast it at the Jade Lounge and you'll be richly rewarded *A complimentary bottle of sparkling wine for every party of six A platter of assorted canapes along with a complimentary bottle of sparkling wine with every party of
      200 words
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      175 21 I Beef X7I MHIH' jM-./ 1 Helpings of 11 Ife* Pin Hslang BBQ Steamboat Buffet Restaurait Too Payoh: Blk 190 Toa Payoh, Lorong 6, #02-514, Singapore ***** a TeL 353 3315/353 4378 (Toa Payoh Central, dose to bus interchanged MKT Station, above KFC) Jurong: 1 Yuan Chine Road, Singapore *****0.
      175 words
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      125 22 > i s .< J x /<?* < I i v S* g >rs'% v>» *v J i < V 1 N v o v x5xV" T:v. \t s vv v < •/'W:\f y vA v K^-vfc* <• < •»,Vr>. <«/(■ it*»• Ay y,*•** &*£■}-''}r/./' v >:•>-:3.''V 74a' *<ry^ V
      125 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2011 23 TODAY'S TV The puppet in the palace SS2S S3* H S? =r ofapoet. L3O JP'JJjJJSJJJJ Dolphln lip I2JOO NN(ir-rila Jam 12 The Lut Emperor, Upm, 100 Soccer -PA cip Archive u u PM Kelab Kanak Kanak. Ch 5 White-Finned Dolphin, (1980-1994). 100 Beyond 2000. Bernardo Bertolucci's L3opm, Premiere 12 4.30
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