The Business Times, 9 March 1996

Microfilm: NL20585
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 046/ia^s 85e SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, MARCH 9-10,1996
    14 words
  • Article
    MARKET SUMMARY
    55 1 1 V nam 14 MM.7tH.67) gISU I HBhmhk*■ IM* (-14.02) |g Fitter Chaage KLSBQOMP Hit 10 -|t« NIKKEI |NttJJ_+m72 HANG SENG 1117.79 +tUl SETDtMSX i 1*8.97 -7JS JAKA1TA 00MP.—.M8.1# -13.44 MANILA QOMP ...-J87I.79 4.56 UffQWP! 43|U| +54J5 88CIUWXJIIP §41.15 +6.93 CLSACflNAB 741.04 tM AUSTMXOfCD SM7.S __-|J J lpn
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  • Article
    FINANCE
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  • Article, Illustration
    Lock icon S'pore Tech to develop two new exec condos
    532 1  -  Pidemco, NTUC get mandate for two other sites By. Abdul Hadhi [SINGAPORE] Singapore Technologies Pte Ltd (STPL) will join Pidemco and NTUC Choice Homes Cooperative in developing executive condominiums, National Development Minister Lim Hng Kiang said yesterday. Mr Lim's announcement was welcomed
    Source:  -  532 words
  • Article
    Pidemco listing unlikely this year
    297 1  -  notation in IW7 at the earliest based on minister's comments By\ Lee Han Shih [SINGAPORE] The listing of government-linked Pidemco Land is unlikely to take place for at least nine to 12 months, judging from comments by National Development Minister Lim Hng Kiang yesterday. Mr
    297 words
  • Article, Illustration
    Lock icon Property stocks firm as STII holds steady
    231 1  -  By] R Sivanithy [SINGAPORE] A last-minute burst of interest enabled the Straits Times Industrials Index to cling to its 2,400-mark yesterday. Property stocks also managed to stem the slide that had set them back by about 5 per cent on Thursday. Earlier yesterday,
    Source: Bloomberg  -  231 words
  • Article, Illustration
    Lock icon Taipei govt bolsters markets but banks run out of US$
    565 1 Taiwanese continue to dump local but banks impose US$2,OOO limit Reuter Bloomberg Business News AFP [TAIPEI] As China yesterday lobbed three missiles Into the sea perilously close to Taiwan, the Taipei government bolstered confidence on the island by pumping money
    Reuter; Bloomberg Business News; AFP; REUTER, AFP  -  565 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      144 1 i V k2faHK centre stalls to thebright, efficient p?i>.■] operations that exist today, second-hand bookstores continue to {day an integral part in making reading affordable, enjoyable and even fashionale, ELI CTWITAUBS a j j|n|jnrt jgfrfr pg* >; market, expertise from the WCQBDfIe project will oe fr fr«pMl| liilM this pg.
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      Page 1 Advertisements Column 2
      21 1 Full reports, Pg 7 EARNINGS NET (Im) GROWTH Aaool $21.24 -52.5% POC 57.35 +2.0 Paa-Pnttod 16.82 +9.8 8m flew 1.48 -54.8
      21 words
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      Page 1 Advertisements Column 3
      139 1 J&fc f Jr *iil -!&*wi' tJ». M y* Ml^^4RiH^? 1 yy^Sv*^ I 1 F. Scott and ZelJa Fitzgerald's great granddau gkt er, I Blake Hazard, wi tL Iter Coach Sonoma Bag. |r ft (coachJ^ AN AMERICAN LEGACY Blake Hazard lives in New York where she is currently a college student
      139 words
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      Page 1 Advertisements Column 4
      10 1 Mkrik tmmtm draw storm of protests, Pg4 against USX Pg4
      10 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon Singapore's investments abroad up 29% to $37.3b
      383 2  -  Financial sector accounts for 44% f■ fl I.— iouowea ny mananccaring with 20% By< Chuang Peck Ming SINGAPORE'S direct investments abroad stood at $37.3 billion by end-1994, up $8.4 billion from the year before, said a report by the Department of Statistics. The
      Source: dept of Statistics; JEN CHUA  -  383 words
    • Article
      Working group set up to oversee cable network wiring
      488 2  -  ■mtoaddran ononis, mmimisft Btr Catherine Ong A WORKING group of representatives from four government organisations and Singapore Cable Vision (SCV) has been set up to oversee the task of wiring the island for the information superhighway. Announcing this yesterday, Mohamad Maidin
      488 words
    • Article
      Nycomed opens regional HQ here
      280 2  -  By] Kevin Sullivan [SINGAPORE] Nycomed Imaging, a subsidiary of the Norwegian pharmaceuticals conglomerate Hafslund Nycomed Corporation, yesterday opened its regional headquarters in Singapore under the name Nycomed Asia Pacific. Nycomed Imaging is the .leading global provider of the contrast agents injected into the body ahead
      280 words
    • NEWSRoundup
      • Article
        Pneumatics firm opens $10m centre
        50 2 SMC Pneumatics (SEA) Pte Ltd yesterday opened a newflO million regional logistics and training centre at Tuas Avenus 1. The maker of pneumatic components and purification equipment will set up an automated warehouse in the next few months, at an additional oost of $1 million.
        50 words
      • Article
        Fujitau launches netwok hub
        51 2 FUJITSU Ltd yesterday opened its Asian corporate network hub at the Singapore Science Park, with plana to make Singapore a hub for its procurement, technical, sales, support and R&D activities. Plans to expand Fujitsu's manufacturing presence in Singapore are also on the drawing board, a spokesman
        51 words
      • Article
        Export market development course
        56 2 A GROUP of 26 management officials from developing member countries of the Commonwealth will be in Singapore to attend a two-week advanced programme on export market development from March 11. The course is conducted by the Export Institute of Singapore in collaboration with the Export Industrial
        56 words
      • Article
        More joint S'pore-Aussie projects
        57 2 THE Singapore-Australia Business Alliance Forum said yesterday that efforts would be made to identify more projects for joint economic cooperation, especially in infrastructure, technology and tourism. A joint mission will be held this year to Asian countries, possibly Indonesia, Vietnam and China. There will also be
        57 words
      • Article
        N open for National IT awards
        48 2 THE fourth National IT awards opened for nominations yesterday. The theme of this year's award, Excellence Through Innovative Use of IT, is to encourage companies to identify creative ways of using IT for business gains, said the organiser, the National Computer Board.
        48 words
    • Article, Illustration
      Lock icon Dutch supermarket giant on Asian expansion path
      530 2  -  Royal Ahold, Kuok group to open shop inS'pore, M'sia By, Jenny Lam DUTCH supermarket giant Royal Ahold, a leading food retailer in Europe and the US, is gearing up to be a major player in Asia. For starters, it has tied up with
      ARTHUR LEE  -  530 words
    • Article
      Union leaders to address host of issues at workshop
      400 2  -  By. Anna Teo WITH a shrinking bargainable base, should unions push for 80-20 representation? Should the term "unionisable workers" be redefined in the long run to include everyone in the workforce? Union leaders will at a workshop next Saturday discuss these
      400 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      122 2 "We have over two hundred staff working here, how do you expect me to knew who wants to talk to you?" < This was the response I received when I returned a call to a large company in Singapore recently. What are the risks to your company profits, key executives,
      122 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      161 2 CRYPTIC CROSSWORD 1 Finished novel a mystery 6 Record appearance of full 18 Business man with a cigar Ljr "l*! 21 Little trips once run by boys 26 Is aware sound came from —1 I 1 I 1 I—J—— make amends (10) vmMumiii 27 Gullible such an artrono- TESTEBDATS SOLUTION
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'SEYE
      • Article, Illustration
        Lock icon BT Sentiment Index
        663 3 Those polled for their views on the Singapore stock market's outlook the week ahead are: ING Barings, GK Goh, Deutsche Morgan, Nomura, OCBC Investment, Phillip, Credit Lyonnais, SBC Warburg, Merrill Lynch. Boy! Earnings for the half-year to Dec 31, 1995 came in 17 per cent above our
        Figures denote number of respondents  -  663 words
      • Article, Illustration
        In My Opinion
        438 3  -  Julia Ho 111 hi IHM hamX Kau^ant mm "Hlf ention investment IVI opportunities in IT J. Asian stocks and the eager listener usually expects to hear about regional equities rather than East Asian bonds. This is not totally surprising as over the last 10 years or so,
        438 words
    • Article
      Credit lines: know what you want
      842 3  -  Annual fees, interest charges, frequency of use, insurance protection among factors to consider in choice of banks Byi Chan Slew Ling [SINGAPORE] THESE days, avoiding a personal cash crunch seems easy what with a handy little thing called the credit line. A credit line
      842 words
    • Article, Illustration
      Lock icon Boost for Tanah Merah club
      259 3  -  By\ Shahiren Sahari [SINGAPORE] THE member ship price of Tanah Merah Country Club rose last month, boosted by the club's hosting of the Johnnie Walker Classic golf championship. TMCC, which hosted the golfing calendar's big event in January, saw an increase in price last month
      JEN CHUA  -  259 words
    • Article
      Interest rates hold trump card
      760 3  -  BYB OK THE REGION: HONGKONG Glowing economic report may not bring strong market rally Fronv Quak Hiang Whai in Hongkong IF predictions in Donald Tsang's glowing economic report during his mid-week budget statement are on target, the stock market could soon be in for a
      760 words
    • Article
      Keppel still a buy for property play: analysts
      291 3  -  By Lee Yoke Har [SINGAPORE] ALTHOUGH Keppel Corp reported lower-than-expected 1995 corporate profits this week and earnings are being downgraded, most analysts still maintain a "buy" on the stock for future property play. They are hopeful that Keppel Corp's plan to redevelop
      291 words
    • Article
      Unit trust part ranking
      109 3 Next prtifeatioß date: Aprfl 13,1996 »i»—im—SaL. pSr j 1|js§ 1j|ij *Jjj 55 S%vm ooo l i??4 ioot 6 irw 3 a* i iSf} 1 W1WI 0M 1 U.St 1 1M I IS9 I I 14-50 1 S«g& *s I 3? IB I 1 gg I 3SHSET
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  • FOCUS: CHINA-TAIWAN TENSIONS
    • Article
      Lock icon Beijing's missile salvo draws protests
      590 4 Taiwan raises combat preparedness; US says actions provocative Reuter [TAIPEI] China fired three ballistic missiles into the sea perilously close to two major Taiwanese ports yesterday, drawing international condemnation and angry protests from Taiwan. "Communist China fired a third guided missile within the target area
      Reuter  -  590 words
    • Article, Illustration
      Sing$ strengthens against US$
      294 4  -  Ven Sreenivasan [SINGAPORE] The Singapore d|jttar strengthened slightly onr the greenback yesterday afttnst the backdrop of Chinaifitoan tensions. But traders played down the role of Taivtfenese fUnds as a major contributing factor. LThe spot Ss/US$ rate hovepjt around the tight 551.4065 rllfge yesterday. sources said the
      294 words
    • Article, Illustration
      Lock icon Greens sail into red-hot zone
      61 4 [NORTHERN TAIWAN] Members of Taiwan's Green Party sail yesterday on one of the two boats heading to an area some 20 nautical miles offKeelung in northern Taiwan where Chinese missiles were supposed to splash down. The activists were protesting against Beijing's new round of missile
      AFP  -  61 words
    • Article
      Lock icon US forces would protect Taiwan: secret document
      294 4 AFP [SYDNEY] The United States would send forces to protect Taiwan from Chinese attack, according to a secret Australian government document published yesterday by The Sydney Morning Herald. The document, which sources said was genuine, was leaked to the paper ahead of the
      AFP  -  294 words
    • Article, Illustration
      Lock icon Jiang says no stop to straggle
      192 4 Reuter [BEIJING] China will not halt its struggle to reunify with Taiwan until the leaders of the island abandon their bid for independence, Chinese President Jiang Zemin said yesterday. "Our struggle will not stop so long as Taiwan authorities do not cease activities to
      Reuter; AFP  -  192 words
    • Article
      Lock icon Taiwan projects in China won't be affected: Shanghai
      297 4 Investors'interests will be protected, says official AFP [SHANGHAI] Shanghai officials yesterday sought to reassure Taiwanese investors on the mainland that their projects would not be affected by mounting tension over Chinese missile tests off Taiwan. "There will be no big change in
      AFP  -  297 words
    • INBrief
      • Article
        Lock icon US carrier heads away from China
        61 4 Reuter [WASHINGTON} The US aircraft carrier crossed the Luxon Straits heading east, away from China and Taiwan, the US Pacific Fleet said yesterday. The Independence got under way from Manila on Wednesday, v the day after China announced its missile tests. A fleet spokesman
        Reuter  -  61 words
      • Article
        Lock icon US
        59 4 Bloomberg Business News ITAIPK} Pol Weal tensions between Taiwan and China have deatt a bfcm to business confidence in Taiwan, the American Chamber of Commerce In Talpetsatd yesterday. "Nevertheless, I know of no foreign companies planning to withdraw from Taiwan, Hongkong or mainland China, or delay planned investments because
        Bloomberg Business News  -  59 words
      • Article
        Lock icon Bigger drills pleased
        64 4 Reuter [HONGKONG! China is likely to stage more military exercises on a larger scale around Taiwan after the f tfr fffrtllHTltlfll independent Ming Poo daily said yesterday, (tooting unnamed BeiJ tag sources. 'ThU is contradictory to most of the analy see which believe China's military preasme on
        Reuter  -  64 words
      • Article
        Lock icon Japan squads
        33 4 Reuter [TOKYO] Japan has sent a large petrol boat to a point near secure the safety of maritime navigetion, an official of the Maritime Bafcty Agency said yeeterday.—tefcr 4,v i "> K
        Reuter  -  33 words
  • Article
    AIRCRAFT ARRIVALS AND DEPARTURES
    1350 4 air- FU6MT HA FUGHT ETD MtmMm SQ977 1720 S0978 0V40 AtaDMM 6A890 0045 No CM MM VH741 1310 VN740 1410 0fH 1930 0T12 2050 EK072 17» S0174 1430 KJW7 0130 S0173 1920 EK073 2325 "SSSftSSSS 528™ 2SSSS .52 «!S» "25 CX717 1235 CX7V4 1110 MfcMJ NZ21
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  • REGION
    • NOTEBook
      • Article
        Lock icon KL may cut Asiaweek circulation
        35 5 AFP (KUALA LUMPUR] Malaysia might cut Asiaweek's circulation for alleged inaccurate reporting of the country, Information Minister Mohamed Rahmat told the Star on Thursday in Singapore, after an Asean meeting.—AFP
        AFP  -  35 words
      • Article, Illustration
        Lock icon Tulips salute women's day
        51 5 AFP [HANOI] Men buying tulips at a streetside flower shop in Hanoi on Thursday, the eve of International Women's Day, the most important day for women celebrated in Vietnam. Men traditionally give their wives and lovers gifts and flowers, causing the price of flowers to soar.
        AFP  -  51 words
      • Article
        Lock icon Indonesia seeks soft terms for jets
        42 5 AFP [JAKARTA] Indonesian State Secretary Murdiono told reporters on Thursday that Jakarta is seeking soft purchasing terms for 28 US F-16Jet fighter planes from Washington, which made the plane offer at last August's Asean dialogue meeting.—AfP
        AFP  -  42 words
      • Article
        Lock icon Rao denies medding in probe
        34 5 AFP [NEW DELHI) Indian Prime Minister PVNarasimha Rao denied In parliament yesterday opposition allegations that he had meddled in an ongoing corruption probe which implicated several national leaders. —AFP
        AFP  -  34 words
    • Article
      Lock icon China may allow foreigners to buy reserved shares
      304 5 SHANGHAI Reuter CHINA may allow foreigners to buy shares now reserved for domestic investors as early as next year, traders said yesterday. China's efforts to keep foreign and local currency share trading separate are already breaking down. Dealers said domestic investors were
      Reuter  -  304 words
    • Article
      Lock icon M'sian-Viet EPZ venture launched near Hanoi
      248 5 HANOI Bernama MALAYSIAN Prime Minister Mahathir Mohamad and his Vietnamese counterpart Vo Van Kiet yesterday performed the ground-breaking for the US$3O million (Ss42 million) Noi Bai Export Processing Zone (EPZ) here. The EPZ, an integrated complex which includes a golf resort, was conceived during
      Bernama  -  248 words
    • Article
      Lock icon China firms move away from central planning
      101 5 BEIJING Reuter OF THE 1,290 Chinese enterprises selected as guinea pigs for modernisation, 607 have completed a shift away from centrally-planned Communist Party management, the China Daily said yesterday. These state-owned companies have established boards of directors and boards of supervisors and hold
      Reuter  -  101 words
    • Article, Illustration
      HK badly in need of a govt-backed mortgage corp
      441 5  -  Home-financing shortfall could reach HKs7BBbinloyeara, says chief of monetary authority Fronv Quak Hiang Whai in Hongkong THE shortfall for home financing in Hongkong could reach HKI7BB billion (Ssl44 billion) in 10 years and the setting-up of a government-backed mortgage corporation is
      441 words
    • Article
      Lock icon China faces sanctions over missile sales
      113 5 WASHINGTON AFP The United States is considering imposing sanctions on Beijing over its missile sales to Iran. John Holum, director of the Arms Control and Disarmament Agency, said on Thursday. "We obviously have a se- ries of very serious concerns," he said at a
      AFP  -  113 words
    • Article
      Jakarta stocks dive as foreigners dump blue chips
      336 5  -  SINGAPORE Changes in govt policy to favour the well-connected spark sell-off By\ S N Vasuki INDONESIAN stocks tumbled to a five-week low yesterday as foreign fund managers dumped blue chips. Analysts interpreted the sell-off as foreign funds expressing dismay over recent policy
      336 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      127 5 |ni W I j hI ■■f BOAT ASIA' 9 6^^* The 6th International Boating Showcase for the Southeast Asia Region Bm'V 'AT BOAT I a Seminar programme includes an overview of the marine leUure Indnrfry, waterfront developments procc— and reef conservation in the region. There will also be a stimulating
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  • REGION/WORLD
    • Article, Illustration
      Lock icon Dole trounces Buchanan, Forbes in NY primaries
      460 6 NEW YORK BflpaUkan senator closes in to 1 nomination Reuter US Senator Bob Dole on Thursday took another giant step towards capturing the Republican presidential nomination, trouncing rivals Pat Buchanan and Steve Forbes in the New York primary. Fresh from an eight-state victory
      Reuter  -  460 words
    • Article
      Lock icon Simpson amends immigration bill
      273 6 WASHINGTON OS—lift* rim eqhpnubued provisions Bloomberg Business News US SENATOR Alan Simpson said on Thursday he would withdraw employment-based provisions opposed by hightech firms from his immigration bill. The veteran Wyoming Republican told the Senate Judiciary Committee he tried but failed to reach a compromise with
      Bloomberg Business News  -  273 words
    • Article, Illustration
      Lock icon Foreign minister reassures Asia
      352 6 SYDNEY AFP ALEXANDER Downer, who has been named Australia's new foreign minister, yesterday sought to reassure Asian countries about his government's commitment to the region, accusing the last administration of creating false impressions. Mr Downer, a former opposition leader, and Vietnam war veteran Tim Fischer, who
      AFP  -  352 words
    • Article
      Lock icon Feb's increase in US jobs the highest in 12 years
      259 6 WASHINGTON Bloomberg Business News THE US economy, showing unexpected strength, added the most new jobs in more than 12 years in February as the unemployment rate dropped to 5.5 per cent from 5.8 per cent in January. Last month's increase
      Bloomberg Business News  -  259 words
    • Article, Illustration
      Lock icon Modern times
      51 6 [TEHERAN] An Iranian woman walking past a wall painting of Charlie Chaplin left from the Iranian film festival in Teheran on March 7. Some 30 million Iranians over the age of 15 were called to the polls yesterday to elect their new parliament, the fifth since the revolution.
      AFP  -  51 words
    • WORLDWatch
      • Article
        Lock icon Egypt invites leaders to Mideast summit
        72 6 Reuter [WASHINGTONI US President BUI Clinton and Egyptian President Hoanl Mubarak will co-chair a conference in Egypt to discuss ways of fighting the threat of terroriam to the Middle Bart peace process, Secretory of State Warren J Chriatopher said yesterday. Around 80 heada of
        Reuter  -  72 words
      • Article
        Lock icon UN ret sanctions against Iraq
        50 6 Reuter rrrnirim m lllllf mam sanctions against Iraq for the 30th time since < Baghdad's invasion of Kuwait in 1090. The sanction* are reviewed every two months and give members a chance to express their views on how Iraq is proceeding with demands on weanrma
        Reuter  -  50 words
      • Article
        Lock icon Allies blast US for debt to UN
        51 6 Reuter [NEW YORK] One by one Washington's allies sharply criticised the United States for its US$l billion to arrears to the UN and its proposed five-year plan that would link European Union, whose representative rejected any .1 Mnkage between reforms and the US
        Reuter  -  51 words
      • Article
        Lock icon China corporating pirated dislike
        51 6 AFP [WASHINGTON] US Tirade Representative Mickey Kantcr on Thursday charged that China was now exporting pirated computer disks an over the world, defying a year-old agreement with Washington. Mr Kantor testified before an unusual Joint House-3enate subcommittee, at which congressional leaders also vented tnrtntioaM China's trade
        AFP  -  51 words
      • Article
        Lock icon Call to for Pakistan
        57 6 Bloomberg Business News [WASHINGTON! US Trade Representative Mickey Kantor said preferential tariff treatment for Imports of some products from Pakistan should be suspended because of child labour abuses. In a recommendation to President BUI Clinton, Mr Kantu-said the benefits should be ramnoed under threecatefortes—surgical instruments, sporting
        Bloomberg Business News  -  57 words
    • Article
      Budget still stalled by protests
      301 6  -  TOKYO Haahinwto's govt may be foreed to abandon jusen rescue plan By* Anthony Rowley NO END was in sight last night to the week-long sit-in by parliamentary opposition forces in Japan protesting against the passing of a fiscal 1996 budget containing 685 billion yen (519.15
      301 words
    • Article
      Lock icon Bill to cut regulation of securities industry
      370 6 WASHINGTON NYT AN important House subcommittee unanimously approved a bill on Thursday to reduce regulation of the securities industry, but only after Republicans agreed to drop several of their most far-reaching proposals in the face of strong opposition from Democrats and the Securities
      NYT  -  370 words
    • Article
      Lock icon US govt gets temporary rise in debt limit
      186 6 WASHINGTON Reuter THE US Congress took swift action on Thursday to prevent a government default on its debt this month, sending President Bill Clinton a temporary increase in the nation's US$4.9 trillion (556.9 trillion) credit line through March 29. The House of
      Reuter  -  186 words
    • Article
      Lock icon Aussie union warns Japan's firms not to buy CRA coal
      227 6 SYDNEY AFP Reuter COAL producers reacted angrily yesterday to a letter from Australia's 'anion chief to Japanese power companies warning that they face disrupted coal supplies because of industrial action here. 7 In what was seen as a warning not
      AFP; Reuter  -  227 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      121 6 DOOMESBURY By Gary Trudeau WttTWENTTO WOUHANL/VtS HHHHHHIBI I THAT BUCHANAN CDUL&fT lILENGTHS NOT TO GBT I PTTHB RBAL WORLD! ANC? I HAVE BEATEN GRAMM IN I I PHOTOGRAPHED WTTH PUKB. I TUB FACT IS, YOU CANNOT pf aiarr H mJsAMM I I LOUISIANA WITHOUT THE UI HB KNOWS THAT PAYIP
      121 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      CDL Hotels' subsidiary seeks London listing
      424 7  -  MilUmninwi A Copthorne says flotation will involve issning new shares, aolling wirting mkm By. Agnes Wee A RECENTLY formed subsidiary of CDL Hotels International the hotel arm of the Singapore Hong Leong group is seeking a full listing on the London Stock Exchange through
      424 words
    • Article
      Pan-United posts 9% rise in profit to $16.7m
      218 7  -  By Rahita Elias [SINGAPORE] Marine-based Pan-United; Corp announced yesterday that its 1995 net profit rose 0 per cent to nearly $16.7 million. For the year to Dec 31, group earnings per share rose almost 11 per cent to 3.1 cents. The results
      218 words
    • Article
      Bank shares down on profit-taking
      222 7 [SINGAPORE] Bank shares closed generally weaker yesterday as investors took profits on the back of Keppel Bank's lower than expected earnings. DBS Bank will kick off the reporting season for the Big Four banks when it publishes its full-year results on Monday. The other three
      222 words
    • Article, Illustration
      Borneo Motors at crossroads
      735 7  -  BOCK LOCK SBW By Christopher Tan WHEN Borneo Motors' taxi division head Charlie Wee joined the company in 1973 as a salesman, Toyotas were selling so well that "the showroom was like one of our wet markets" and each of the 22-man sales team was chalking
      735 words
    • Article
      Amcol earnings down 52% to $21m
      475 7  -  Electronics business, China power plant project blamed By William Chia [SINGAPORE] Property and trading group Amcol Holdings Ltd yesterday announced its net earnings had plunged a massive 52.46 per cent to $21.24 million for the year ended Dec 31. Although analysts expected some fall
      475 words
    • Article
      Sea View earnings down 55%
      119 7 (SINGAPORE] Sea View Hotel yesterday blamed lower rental income and keen competition in the hotel sector for the 54.8 per cent drop in its group net earnings at half-time to $1.48 million. The hotel company, in which First Capital Corp has a 22.2 per cent
      119 words
    • Article
      FCC interim earnings up a meagre 2% at $57m
      342 7  -  By] Lilian Ang FIRST Capital Corporation (FCC) yesterday reported disappointing interim results with net earnings up by a mere 2 per cent to $57.35 million for the half year ended Dec 31. This is despite the fact that no provision had
      342 words
    • Article
      Guoco interim profit up 23% to HK$808m
      395 7  -  D&o Heng unit re veals inner reserve of HK$5B2 million From' Quak Hiang Whai in Hongkong LISTED Guoco Group and its subsidiary Dao Heng Bank Group yesterday released impressive interim results with the banking group disclosing an inner reserve of HK1582 million (Sslo6
      395 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article, Illustration
        Triple blow to Hanoi's first international club
        399 8  -  Key shareholder quits, creditors claiming USslom, completion delayed By] Harish Mehta [SINGAPORE] Hanoi's first international club owned by two Singapore-listed companies and their partners has been dealt a triple blow: a key shareholder has quit after a row, the US$lO million club (Ssl4
        399 words
      • Article
        Taiwan food firm eyes SES listing
        334 8  -  Successful listing may set trend for other Taiwan firms By! Lu Ning [SINGAPORE] Boom Boom Foods Group (B&B), a Taiwanese snack maker with manufacturing facilities in China, plans to get a public listing in Singapore. And if it is successful, many other Taiwanese companies
        334 words
      • Article
        John Govett plans unit trusts for S'pore market
        249 8  -  By I Shiv Taneja (SINGAPORE] John Govett, a major UK-based fund manager with over US$BOO million (Sll.l billion) under management from its offices here, is planning to launch unit trusts for the Singapore market in the near future. Mark Browning, Govett's Singapore-based
        249 words
      • Article
        Two propose merger of gateway services
        316 8  -  From! Ho Kay Tat in Kuala Lumpur TIME-Telecoms Sdn Bhd and Mutiara Telecoms Sdn Bhd, rumoured to be left out of the government's move to allow only three all-service telecom operators, have proposed a merger of their international gateway services. Sources said the companies
        316 words
      • Article
        RDC in 180m yuan cement joint venture
        164 8 [SINGAPORE] Resources Development Corp (RDC), a member of Sembawang Corp, has sealed a 180 million renminbi (Ss3o million) Joint-ven-ture agreement to set up a clinker grinding plant in China. The investment consists of 106 million renminbi in equity and another 72 mUlion renminbi
        164 words
      • COMPANYBriefs
        • Article
          Seksun posts 25.5% rise in profit
          49 8 [SINGAPORE] Sesdaq-listed Seksun Precision Engineering pooted a 25.3 per cent rise in group after-tax profit to 15.33 million for the yew ended Dec 31. Turnover roeelWperceiit to 182.85 million. The group l*s recommended a final dividend of 5 per cent exempt ftom tax.
          49 words
        • Article
          UOB promotes 3 execs to EVP post
          77 8 [SINGAPORE] United Overseas Bank hat promoted three of its senior vice-presidents to the poet of executive vice-president. The bank said yeeterday that YeoEng CbeongandNeoKhayPinarenowEVPstntfce commercial banking sector, while Terence <h«B«*Si« has been promoted to EVP in its intarnattouad banking sector. The tap brass
          77 words
        • Article
          notices of takeover
          50 8 [SINGAPORE] Bouataedooreceivedanotkeajttakaovnr offer from Janburgh Holdings yesterday. Bousteadco said a circuiar with recommendations from Janburgh's ..;J financial adviser DBS Bank would be s«* to dtarehdkters in 14 days. Janburgh, controlled by ex-QAF managing dirsctor Wong Dong Ffci, reoently acquired Jack Chia-MPITs 15 per cent stake in BousteedoofersS7J
          50 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        630 8 Mm, MA |a«44 i,,t »»»w Wf w VTHV PipVTal a m o«.ov»3o mjvmm ■Ami m*» jm oo.oj/vuo ouvaw RklM) VM JOI 00.03/1WC 0003/1000 R tart* M JOI moi/mk B03/0430 r«m vw jm 00.03/0400 00.03/1900 BIJQM V* JOI 00.03/0430 00 03/VWC RtolM VM JM OOJVOOM OUVOB MMtmsr VM joi
        630 words
      • Article
        CONTAINER SCHEDULES
        1011 8 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofcinf/Mwct Istts SMp Voy Wo Ett/Btr HrM fw T> Fr— i «a««nat oia iwoo i mnm ovwt mnm 4 ovboo mnm ovboo tarn* mm Mi i ovbm ovwt owmt WM j MM OMR (VMM 4 OVBM OVMSt 0VI7M tMJ MM
        1,011 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon German stock exchange to set up 'innovation' bourse
        292 9 Mew market will give yranger firms* te to public Reuter [FRANKFURT] The German stock exchange said on Thursday that it plans to set up an "innovation bourse" to offer younger companies, chiefly in the technology sector, the chance to go public. "The
        Reuter  -  292 words
      • Article, Illustration
        Lock icon Cathay set to unveil best profit in 4 years
        360 9 Bloomberg Business News [HONGKONG] Cathay Pacific Airways Ltd is poised to unveil its best profit since 1992 as it enters its 50th year beset by potential rivals. With rising sales offsetting higher costs, Hongkong's dominant airline probably boosted net earnings by
        Bloomberg Business News  -  360 words
      • Article
        Lock icon Computer firm ICL posts £188m loss
        147 9 Reuter [LONDON] British computer firm ICL pic said yesterday it slipped into the red last year with a pre-tax loss of £188.3 million (Ss4os million) after hefty one-off charges. But it announced a programme to accelerate its profit recovery and said it was entering
        Reuter  -  147 words
      • Article
        Lock icon Apple forges alliance with America Online
        440 9 Tumbled computer maker also names now financial officer Reuter [PALO ALTO, California] Apple Computer Inc on Thursday ended its lengthy search for a chief financial officer and announced it was forging an alliance with America Online Inc (AOL). The troubled computer company named Fred
        Reuter  -  440 words
      • GLOBALBriefs
        • Article
          Lock icon warrants
          42 9 Reuter [HONGKONG] Container lwuing group Coaco Pacific Ltd i Mldy»«terdaylt planned to privately placsia million warrants at HKnaach to proftaaionaliovaators and nlwnirtitliMliili Im li warait tooag CoecoPaclflcahare at HSSSffteb &»f betweenJ«nl t l99e,andJuM«KlBW,mecomp«nyiaidln SoMwlng said to raiaeart proceed of aboq£ j
          Reuter  -  42 words
        • Article
          Lock icon China seen in Tokyo reports
          36 9 Bloomberg Business News ccmmnl* to«Dow to ltM. ATskyo Stock Buiuinct offlcllfJ Uilth* two ildM had "basically 110 dlfbnncM" and are fi ctoiftotaHjcladinga memorandum of understanding, which try the Uatinga, tha paper
          Bloomberg Business News  -  36 words
        • Article
          Lock icon year
          43 9 AFP SrTOKYCn JapsMM electrical ra»chln«rTm»k«',HitKhl Ltd, planned annual capital spending of 2fiO billion yen omciaia said yesterday. Expenditure wID focus on semiconductors, liquid crystal display screens and digital overseas by 15,000 to by the year to March 2001. wtfMP* rf f ,-.*.481
          AFP  -  43 words
        • Article
          Lock icon 30 firms in UK digital TV project
          24 9 AFP L fTOKYO) A total electronics makers from -M S^?»?I T trl BaW gltal teleylslon system, tbtiNihon
          AFP  -  24 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Commissions for Simex brokers on the decline
        390 10  -  Fall prompts financial homes to reconsider membership plans By\ Siow Li Sen [SINGAPORE] Broking commissions on the Singapore International Monetary Exchange (Simex) are falling even as turnover improved markedly and the price of a Simex seat recovered. The fall has prompted some financial
        390 words
      • Article
        Online search service offers solvency status information
        256 10  -  By Ven Sreenivasan [SINGAPORE] The Official Assignee Public Trustee (OAPT) department has launched an on-line search service which will enable financial institutions to get information on the solvency status of companies and individuals seeking credit facilities. The On-line Insolvencies Search Service (OLIS) allows
        256 words
      • Article, Illustration
        Lock icon Mixed outlook for the US$
        422 10 USI/DM: Us/DM range-trad-ed between 1.4705 and 1.4619 for the first three days of this week before rallying to touch a high of 1.4867 on Thursday. However, the lack of followthrough buying saw the unit dip back to close at 1.4765 on the same day. Failure
        Source:; ALLAN  -  422 words
      • Article
        Lock icon Europe's monetary union poses risks to derivatives
        150 10 Reuter [SAN FRANCISCO] The transition to a single currency in Europe poses risks to derivatives dealers as market participants attempt to work out just how Economic and Monetary Union will affect existing transactions. At a meeting of the International Swaps and Derivatives Association
        Reuter  -  150 words
      • Article
        Lock icon Securities industry in US off to strong start this year
        335 10 Reuter [NEW YORK] The US securities industry is stronger than it was a year ago as investors keep pouring money into mutual funds, inflation remains mild and interest rates seem headed lower, an industry group said on Thursday. The Securities
        Reuter  -  335 words
      • Article
        Lock icon Eyes still on US payroll data
        234 10 SIMEXReport Reuter [SINGAPORE! Simex Eurodollar futures firmed after testing both ends of a four-tick band with players reluctant to take new positions before the release of US non-farm payrolls data for February. "Everybody's scared to do anything," said a dealer. He said Eurodollars received
        Reuter  -  234 words
      • Article
        Lock icon CURRENCY REPORT
        147 10 AFP Renter THE dollar hugged the sidelines while a widely expected British base rate cut failed to boost trading volume. The Bank of England signalled a quarter-point cut in British base lending rates to 6.0 per cent, but the market had expected this after Thursday's monetary meeting. "Sterling
        AFP; Renter  -  147 words
      • Article
        Lock icon Opec to redefine output quotas?
        270 10 ENERGY REPORT Reuter [LONDON] Ask 12 Opec oil ministers how they measure their crude oil output quotas and you'll probably get 12 very different answers. Not that the oil-producing organisation's quota definitions are difficult to understand. But for ministers sometimes required to defend output flows
        Reuter  -  270 words
      • Article, Illustration
        Untitled
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        1,190 words
    • Article
      COMMODITY PRICES
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      1,204 words
    • Article
      WORLD STOCK MARKETS
      1873 11 ■re hfiwlrtrto Nm *f-A-A.Car» Adr 431/4 V4 A4*arts m »Nattenal 944 -7 Lyene 902 -10 Mac 94 unch Arfyd 314 -2 AMI Cm* 109 V2 -1 •AT M 990 -H DCC 317 -2 •OCOrau* *241/2 -7 V2 -II rr» 3241/2 -V2 1x4* tietlend 141 1/7 -7 •arelays
      1,873 words
    • Article
      Lock icon TOKYO
      1533 11 Reuter HMkkeiMß ♦Mft.B STOCKS closed higher yesterday, with the Nikkei recovering the 20,000 level. Concern over the parliamentary budget impasse hung over the market, but it was supported by buying on dips, which the market felt was by public funds with the aim of keeping prices from falling. Brokers
      Reuter  -  1,533 words
    • Article, Illustration
      Lock icon HONGKONG
      1625 12 Reuter QHMgSog STOCKS closed a day of wary, directionless trading slightly firmer as China-Taiwan tensions sapped trading interest. The blue-chip Hang Seng Index gained 23.31 points to 11,217.79. Turnover was HK53.92 billion. "Sentiment grew increasingly cautious as China fired more missiles in military exercises off Taiwan and participation dwindled
      Reuter  -  1,625 words
    • Article, Illustration
      Lock icon CHINA
      583 12 Reuter PShinfliiß Shire late -Ml THE Shanghai B share index ended margibally lower in listless trading, with investors showing almost no interest due to lack of direction in the market. The index fell 0.01 point to 51.58 points on volume of 4.6 million shares worth US$l.9 million. "The market
      Reuter  -  583 words
    • Article
      Lock icon TAIPEI
      364 12 AFP QwPlnAa +64J6 STOCKS closed higher, propelled by purchases from the government's NT$2OO billion (5110.3 billion) stabilisation fund and a credit-easing move. An easing in bank loan requirements helped the market but "the effects of the crediteasing move were somewhat offset by fears of Chinese missile firings," said a
      AFP  -  364 words
    • Article, Illustration
      Lock icon JAKARTA
      741 12 Reuter CI Ownporito Intel -13.44 SHARE prices tumbled at the close following declines in several blue chip and heavy weight counters. The Composite Index dropped 13.44 points, or 2.3 per cent, to close at 568.10, with losers edging out gainers by 99 to 26 and 29 issues unchanged. Brokers
      Reuter  -  741 words
    • Article, Illustration
      Lock icon BANGKOK
      792 12 Reuter P SET fain -7.22 LATE buying by locals of Thai finance stocks helped pare losses posted earlier in the day by communications issues. The SET Composite Index closed 7.22 points off at 1,308.97 after falling nearly 20 points. Turnover was 50.4 million shares worth four billion baht. Losers
      Reuter  -  792 words
    • Article
      Lock icon MANILA
      345 12 AFP QManiU -US STOCKS fell as the market continued to consolidate. The Composite Index fell 6.56 points to 2,876.79. Turnover was 6.4 billion shares valued at 2.3 billion pesos. Far East Bank and Trust closed unchanged at 700 pesos. Philippine Long Distance Telephone Co fell 35 pesos to close
      AFP  -  345 words
    • Article
      Lock icon SEOUL
      388 12 AFP HCiidtiMa SHARE prices closed higher on expectations that a stock stabilisation fund would Intervene to back up prices. "Investors reacted cautiously to hinted government Intervention, but seemed to be believe that prices will not fall further," said a trader. The Composite Price Index rose 6.98 points to 849.15.
      AFP  -  388 words
    • Article
      Lock icon SYDNEY
      591 12 AFP □AflOrfciriM -14 STOCKS eased as a batch of lower-than-expected interim profit results from major companies dampened trade. The All Ordinaries Index fell 1.6 points to 2,267.6. Turnover was 228.6 million shares worth A 5510.3 million. Miner CRA fell 28 cents to A 119.72 despite positive news on Thursday
      AFP  -  591 words
    • Article
      Lock icon WELLINGTON
      268 12 AFP QWeUmgtoo +17,86 SHARE prices closed higher on moderate turnover, led mostly by the forest sector. The NZSE-40 Capital Index ended 17.85 points higher at 2,122.13. Turnover was NZ$4l million.— AFP ■we 1 *f- cmm AMZSenfclnt .7.00 -0.05 1550 AtfvwrtHet HMgs 150 uncti ***** Air Mew Zetland (A) 3.52
      AFP  -  268 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Stocks post biggest fall in seven weeks
        6815 13 KUALA LUMPUR Reports Bloomberg Business News mnupMßtelßigi -1140 STOCKS fell for a second day, posting their largest one-day decline in seven weeks as investors decided that prices had run ahead of earnings forecasts in the recent rally. The market had risen to 21.5
        Bloomberg Business News; ALLAN  -  6,815 words
    • WARRANTS&OPTIONS
      • Article
        Gopeng rights worth watching
        3134 14  -  WARRANT WATCH By> R Sivanity IT LOOKS like Malaysian companies have an insatiable demand for capital, going by the host of rights that are currently trading. The latest are the rights to the warrants of engineering, construction and cement Arm Gopeng Bhd. Unlike Palmco's rights featured
        3,134 words
    • Article
      CLOB INTERNATIONAL
      1553 14 WVM La* ¥tl tar itMHl M* Mr mi MM MC*» a» u» mm cmmm am w- rooa a» u> Bfr mm c*> m %m* US Ma MM AISBSOc <S IMP u U 12 mj im 0 KM Ml AMMSOc MJ <U IBM M MJ M U JJ U
      1,553 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        604 words
      • Article, Illustration
        HOT STOCK
        61 16  -  By\ David IT LOOKS like United Industrial Corp may be ready to test its six-month high of $1.61 Although It went through the 11.50 sum* yesterday to dose HomtffS cents at X.48, weekly m and Stochastics art indtaqing a heavily oversold position. The broader trtndstgtgests that UIC is
        61 words
      • Article, Illustration
        STII clings on to 2,400 level, aided by late prop-up
        904 16  -  STOCK MARKET COMMENTARY Disappointing company results among adverse factors; meanwhile, speculators go for M'sian second-liners By R Sivanithy [SINGAPORE] The disappointing earnings reported to far by local companies, selling by Japanese funds ahead of their fiscal year-end and the air
        904 words
      • ON THE GRAPEVINE
        • Article
          Amcol in image-building excersise
          162 16 AFTER a spate of negative publicity, the investor relations manager of Amcol Holdings, Ms Teng Hwee Koon, appears determined to get a fix on the problem. She has sent out a questionnaire to selected analysts to And out what they really think about the company. Ms
          162 words
        • Article
          Forwars planning at the EDB
          94 16 IT IS not for nothing that our Economic Development Board has built up a reputation for forward planning. This is only March 1996 and the EDB is already working on the production of its 1997 management diary. The board put up a tender notice in
          94 words
        • Article
          Covering all bases
          60 16 A BT Journalist called someone he thought was a merchant banking contact. What he got instead was an answering machine message which went something like this: '1 m am not in at the moment, but do leave a message. And ififs my wife, I love you, dear.
          60 words
        • Article
          Clash over
          136 16 ITMAYba the end of the Coll War but* trade clash over chicks is looming between the two superpowers—the US and Russia. US senator William Roth, a Republican from Delaware, wants Uncle Stom to take action agftlmt the hq US poultry imports. Mr Roth's request was made in a
          136 words
    • Article
      MAIN BOARD
      3994 15 Or M Wt i> 9998/M Last V* Day Laat Ouata Mv Dtv VM Nat Cap A»g W0I laar StNa Cmny «ala (*OOQ9 HUB lw invar SaBar Or Pft ImB Prtaa 1—IIHMWHHWlllUI'itMII r-TTTTi^limiWi j *¥^-y^mWP'- a V'2M 17* ttM AcarSOc US1M *4 130 194 192 193 194 13.1 3212
      3,994 words
    • Article
      SESDAQ
      725 15 Iiwii yf. Pn momm w» Dk ni im c« J5£ «MI» C tmtamt *h POOO L— Utm Cm Pfl >3 PrtM mm St s ss? i£ssfc=js 22 272 244 a j ss is M th 9t rr- JJ. *19 4M 92 90S 90 5 92 303N 4.7 13 t3.1
      725 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      98 7 many of life s achievers are aware, life at the top can he a little, Which is why at the ANA Hotel we are used to providing a service that's quiet, soothing and dare we say it, just a little soporific. Add to that muted tapestries, wood panelling, chiming clocks
      98 words
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      462 9 y //K\ THE BUSINESS TIMES ¥$m —i LIFESTYLE J/ 7 TO V EXCLUSIVE THE OTP2! LAn alabaster cast of this Egyptian time I measurement water receptable can be found J J at the Karnak Temple. It is dated 1415-1306 I BC and is also called a dcpqydra. I I 1/
      462 words
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      Page 12 Advertisements Column 1
      66 12 1 1 Express yourself with unique French style. P A R I S^ Waterman Le Man Rhapsody. /""7l\ Each has its own blend of rich and subtle colors and a solid 18k gold nib. f|l Tj Designed with the elegance that is the signature of Paris. \r r L expression
      66 words
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      Page 13 Advertisements Column 1
      50 13 Qmickstock... WBIfTWEMWUBWITITiWM a update I^M) Zim<»°< kin '°!!t W r lTuanog"'" h "\,> nvmu,aj*hm. W uu mk •*"'> iKi,u jT,, 30 AO you need is key tn the 4-digit stock number ftwd on the SBSpag* of Business Times A op^^KTial' Zaobao daily andfiucbock on 740-2350(24hrt). ■^Hlllit f" 14 An SPH
      50 words
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      Page 13 Advertisements Column 2
      63 13 I I YOUR NEXT WATCH M PATEK PHILIPPE 1| Hi CHRONOGRAPH y I Rare and Unique S I PATEK PHILIPPE TIMEPIECES I ■B S by dedicated Old Masters. m H Now available in limited numbers. Si Rare Gems n V Symmetry Excellent Mmnufecturing Jeweller* Since 1919 H CERTIFIED By GJA.
      63 words
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      Page 14 Advertisements Column 1
      74 14 "Clipper" chronograph water Hermes. metal bracelet or am IIME MAKES THE DIFFERENCE. HER. M S DICKSON WATCH JEWELLERY (S) PTE LTD V I 4 u A wholly owned subsidiary of DICKSON CONCEPTS (INTERNATIONAL) LIMITED} W PHI PARIS A JEWELLERY THE PROMENADE -300 Orchard Road #01-00 *****1 Tel: *****00 CENTREPOWT -176
      74 words
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      Page 15 Advertisements Column 1
      126 15 Need cash for any worthwhile purpose? At Hong Leong Finance and Singapore Finance, we give you cash for your shares almost immediately. This is all you have to do: S°. why keep your shares tucked away? Use it for a million purposes. Call us Stop by any Hong Leong Finance
      126 words
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      Page 15 Advertisements Column 2
      39 15 BlPfa SELL<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. T0 I I FREE 1800-737-1166 [c£j Coll Today For Results Tomorrow.
      39 words
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      Page 16 Advertisements Column 1
      169 16 The" Business Times A bold new look and afresh approach to the news and views. Faster with the news, and with the meaning of the news. Sharper focus on business and markets. Deeper analysis of trends, and more opinion and commentary. Start my TheßusimssTimes Subscription now $265*20 <12 months for
      169 words
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      Page 16 Advertisements Column 2
      303 16 ■HWH W T MOT I C E S For real-time stock information, call Qulckstock on 1900-913-0003 at 30 cents a minute. f Stock number are available in the stock pages of BT and ZB. TENDER ROAST PTE LTD (IN MEMBERS VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING Notice is hereby given
      303 words
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      Page 16 Advertisements Column 3
      506 16 Singapore Closing Share Prices 08/03/1996 CLOSE PREV LOW HIGH usS USS ii— Mil// Jardine Matheson 8.15 8.15 8.05 8.15 WBBOkJi Jardine Strategic 3.38 3.40 3.34 ZAO I lAAfifif I Dairy Farm 1.03 1.04 0.965 1.03 Hongkong Land 2.23 2.28 2.19 2.26 ■ppHpi Mandarin Oriental 1.25 1.28 1.24 1.28 EfiHtifiQS Jardine
      506 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Second to none
      1265 17  -  If the phrase 'second-hand bookstores' brings to mind dingy shops full of mouldy, unwanted books, think again wwmm reports on the bright efficient operations that are making reading affordable, enjoyable and even fashionable CORINNE KERK THERE'S a Hokkien saying that describes bargain-hunters as "wanting it cheap and
      PHOTOS BY ARTHUR LEE  -  1,265 words
    • STRAWS In The Wind
      • Article
        The longest day
        67 17 JUST how long is one day? If you're the organisers of the Singer Cup, it can last as long as a week. Its promotional flyers have been touting this "Triangular One Day International Cricket Tournament", except that the event is on from April 1 to April 7.
        67 words
      • Article
        Total confusion
        69 17 ANOTHER diet bites the dust. There's a new diet aid on the market that claims to confuse your body so that if you lower your calorie intake, your metabolic rate won't slow down in reaction to it, thereby helping you lose weight. But one lady who tried it
        69 words
      • Article
        Cost consideration
        98 17 GUESS what's the latest topic in some local gossip circles? Of late, it's become fashionable among some to look down on Singaporeans who've emigrated overseas to places like Canada and Australia. Over the Chinese New Year festivities, several stockbroker/property developer types were gloating about how their friends or
        98 words
    • PROFILE
      • Article, Illustration
        Modern-day Midas
        2881 18  -  Over 50 years, starting from scratch and using only common sense and an eye for cheap shares, Warren Buffett has amassed a US$9.7 billion fortune. Is he, as many believe, a hero? Or just a tragic obsessive? boobr lowhnstedt charts the making of a financial legend ROGER LOWENSTEIN
        2,881 words
      • Article
        Big bucks, Cherry Cokes and rumpled suits
        800 18 WHEN Warren Buffett dies, it is likely that his bequest will dwarf the legacies of Carnegie, Ford, Rockfeller, and all that have gone before him. The Buffett Foundation will probably And itself with the largest endowment in the country (the Ford Foundation, the
        800 words
    • COVER STORY
      • Article, Illustration
        Lock icon Married to books — and each other
        1026 19  - Married to books and each other Sunny and Emily Thum, Adrian and Melissa Lee, Alley and Judy Ong they're couples who love books. But oatnmBKBRK learns they had different reasons for setting up second-hand bookstores CORINNE KERK ITS A curious thing. The business of running second-hand bookstores seems to be
        PHOTOS BY ARTHUR LEE  -  1,026 words
      • Article, Illustration
        A show of industrial strength
        483 20  -  NIGHTSPOT Expect the unexpected at Music World By< A Surendren COME to a stud-farm and expect the unexpected. That about sums up the essential spirit of the new Music World at East Coast Road. Well, in some ways at least. New owner John Lee whose
        483 words
      • Article, Illustration
        More than mere child's play
        657 20  -  CINEMA No kidding. Toy Story is terrific, so don't let adnlt cynicism stand in the way of seeing this film By: Holly Harrison I FREELY confess that my first reaction to Toy Story's release was: "Oh, great, a full-length toy commercial." My second thought wasn't
        657 words
      • Article
        Do you realise how ridiculous you sound, Mr Wallace?
        537 21  -  TELEVISION What 60 Minntes seeks to do with its manipulative interviews, Panorama succeeds in doing much better with its fact-based analyses By. Kevin Sullivan I CAN't watch the US magazine programme 60 Minutes (Sundays, Bpm, Premiere 12) without thinking of Murphy
        537 words
      • Article, Illustration
        WHAT'S ON
        474 21  -  Compiled by Holly Harrison WALKATHON Aware Walkathon Why waste your morning sleeping when you can express your solidarity with women and get a good workout at the Aware Walkathon this Sunday? Celebrating International Women's Day and the many achievements of Singaporean women, the event will also include games
        474 words
    • EPICURE
      • Article, Illustration
        Lock icon Service with a smile
        871 22  -  For $45, you can get stuffed at a fancy lunch buffet, or you can enjoy the good food and cosy, personal atmosphere of La Cascade, inn hb chooses the latter JAIME EE SOMEHOW, Ann Siang Road sounds more like a place to eat expensive fried rice
        CHRIS LOH  -  871 words
      • Article, Illustration
        Lock icon Meeting place at Changi Airport
        439 22  -  RESTAURANTS Dto't be surprised If yw see pizziuiiinsli&rinjtks i» AjpnaUfcAiii By Harish Mehta A PUFFY-EYED Italian tourist comes off a flight, trundles into a new Indian restaurant, the Annalakshmi at Changi Airport, and orders, surprise surprise, a pizza. Surely he must have sleepwalked off the
        PHOTOS BY ARTHUR LEE  -  439 words
      • Article, Illustration
        Lock icon The great taste of Providence
        890 22  -  WINE CONNOISSEUR I*wjar aai wiaa grawer Jamee Yalatte has pniwai a CMple «f itinera Me «f Mew Zealand's bast reds, and a simply stunning Ease By] N K Yong WINE COLLECTORS are quite mad. They would have to be, to amass a collection of wines
        STEVEN OLSEN  -  890 words
    • Article, Illustration
      CINEMA
      1050 23 AaaToataraiWlMßllataraOlalla. Nutty Jim Carrey in Africa. Yishun; 10.25; 12.30; 7.10. Bishan: 2pm. Boon Lay: 3pm. Tampine&m 11.30; 3.30; 9.30. I'Jil Ami. Japanese new wave thriller. English subtitles. R(Ag9 Goldm:l; 9. Bate. A lonely piglet it adopted by sheepdogs and achieves shepherding greatness. Up for seven Oscars, including Best Picture.
      1,050 words
    • TRAVEL
      • Article, Illustration
        Lock icon Of princes and paupers, poets and palaces
        1273 24  -  There are those who say travelling around India is like a battle the constant hassle, the depressing poverty and the risk of a dodgy tummy. But a tour of Rajasthan convinces maix bmhw that the rewards far outweigh the disadvantages MARK GRAHAM IF
        PHOTOS BY MARK GRAHAM; JEN CHUA  -  1,273 words
      • Article, Illustration
        Dedicated to life in the fast lane
        561 24  -  TRAVEL BRIEFS fatal the race fcy checking oat the new BP ctannlaters at the Mmu Grand Prix Museum By) Eileen Chan THE MACAU Grand Prix museum, which opened in 1993, has virtually doubled in size to 2,200 sq metres and now houses new
        561 words
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      323 19 Iv.- h THt GOLF HOUSE CENTREPOINT GRAND OPENING PROMOTION LF HOUSE CENTREPOINT ONLY) Kt%§i« -*?4? ■fIV B SS§L4>U i H 1% f HAI n^MBM *f ir*>"S( CELEBRATES H 0 Mizuno Tour Big SL-305. The new mid and denser pitch for greater ball spin. fcM IU p or t ha t
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      812 20 SERVINGS UNLIMITED! HELP YOURSELF TO Jtm* goodies... S-has meat dumpling (bak chamg), mini dumpling, popuh, deep-fried spring roll, steamed yam bun, steamed minced pork fc shallot cake, sweet peanut soup, sweet red bean soup, baked peanut pastry, mee teh, ang ku kueh, huat kueh, etc... Enjoy as much as you
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      101 20 •t The ribs are good cheap 99\\ Man Kan Keng of The Sunday Times voted The Sixties Nner»" Talk about... J" Good Ribs Sixties has it Cosy Ambience Sixties has it Inexpensive Fine has it. For reservations, please call 226-5830 4fyX,.... *t«M f+ni %dt' Sixties: 31 Marina Park, Planet Marina
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      724 21 Where to wine, dine and entertain I# r i Magical coffee house WEEKEND j; Jt's a celebration! Delimit the kids with a "Hocus Pocus" and spell bind them with MAGIC SHOW HIGH TEA I Every Sunday Adult: $12.00+++ J 1.00 pm 1.30 pm Child: 7.so+++ 3.30 pm 4.00 pm AX
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      18 21 SUNDAY BRUNCH I m PHOENIX. Adult: $23.00* Child under 12: $14.50* Time: 12noon to 2.30pm PHOENIX COFFEE HOUSE
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  • Page 23 Miscellaneous
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      1780 23 TODAY'S TV |7 I 9.00 AM TV Innovations. J 4 B«tta Mutakhir. TjPnH thpm Schlesinger. A film that JJJ 4 t lildll 12.45 PM Stories of the Chinese %M I o Berita Mutakhir. Will definitely keep you Idioms (drama) F® i IMI Biker Mice from Mars fcl your ears gluedtOtheTVset.
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      Page 23 Miscellaneous Column 2
      243 23 RADIO Three Days In Jeraaalam, actress but the only work she BBC, Sunday, 7.30am can get is for a dog food First of a three-part profile of company. Yet their problems Jerusalem, the earthly point pale beside those of their where it is said that "God younger sister Babe, who
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