The Business Times, 23 March 1996

Total Pages: 24
1 24 The Business Times
  • 15 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE WEEKEND EDITION, MARCH 23-24,1996 y 85C
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  • 62 1 STU 23MJ4 (-23.86) BTOOMP 2278JS (-9.46) BT-MGA 114&37 (-0.25) STOCK MA1KCT INDICES Fridav Change KLSE COMP 1150.65 +2.12 NIKKEI .*****.92 -26.61 HANG SENG *****.73 -123 SET INDEX 1310.70 +17.19 JAKARTA COMP..—>586.02 +0.04 MANILA COMP 2881.55 +3.75 TAIPEI WPI 5066.55 +24.27 SEOIJL COMP .872.04. +3.84 CLSA CHINA B 730.37
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  • 71 1 SXBXAME BATES us* s$ USI 1.411 1.535 £166 0.675 0.951 ¥W0 0.934 1.318 Ml 0.393 .0.554 HKI 0.129. 0.183 BAHT 0.040. .0.056 RUPIAH 100 _0.0tt. 0.060 PB1ME BATES SINGAPORE* 6.44 KUALA LUMPUR.. 8.15 JAKARTA 18.00 BANGKOK 1175 MANILA 14.50 HONGKONG 8.75 TAIPEI 8.00 SYDNEY 10.75 TOKYO i.80 SEOUL 12.00
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  • 637 1  -  Profit squeeze, a preference for yonnger and cheaper dealers all add to the pressure By\ Siow Li Sen [SINGAPORE] Once the hotshots of the financial industry, forex dealers are now finding the going much tougher as banks continue to cut costs
    637 words
  • 606 1  -  Tycoon rides backseat as children take over running of property empire From Quak Hiang Whai in Hongkong FAMED for his great sense of timing and aggressive bidding for government land, tycoon Ng Teng Fong appears to have taken a keener interest
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  • 496 1 AFP Bloomberg Business News (TAIPEI) A day before Taiwan chooses its future with its first direct presidential elections, share prices in Taiwan rose 2.6 per cent yesterday as the government beefed up its efforts to support the bourse. The Taiwan Stock Exchange weighted price
    AFP; Bloomberg Business News  -  496 words
  • 240 1  -  By Ven Sreenivasan [SINGAPORE] Investment analysts do not expect today's presidential elections in Taiwan to have a major impact on the Singapore stock market next week. Most of the dozen analysts polled by The Business Times yesterday said the outcome is widely anticipated and has
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  • Page 1 Advertisements
    • 135 1 fYtni rap to riches The late Hong Leong patriarch Kwek HongPng: the story of his life, ELI MBWS VALUE Nat Steel prvfit ay 21% in Jtoe with wcycUDm, pg Company's forecast and write-off of $12.6 m likely to lead to some selling pressure. Orchard Paraie au-Btagi Ul C 2%, pg
      135 words
    • 17 1 Lee urged to make peace overtures, Pg 4 Breakthrough in Sino-Taiwan ties soon, says analyst, Pg4 I
      17 words

  • SINGAPORE AT HOME & ABROAD
    • 278 2 Guthrie's 70-unit Fifth Avenue to go first, followed by Kuok group's 480-nnit Springdale TWO more condominium projects along the Bukit Timah stretch will be launched next week, following in quick succession to the well-received MeraWoods and Blossomvale. The new developments,
      278 words
    • 203 2  -  JTC adding 287,000 sq m of ready-made factory space this year By\ Diana Oon A STRONG manufacturing sector fuelled demand for Jurong Town Corporation's ready-built factories last year, prompting JTC to increase its stock to more than 3 million sq m at end-1995. About
      203 words
    • 428 2  -  By' Tan Su Yen THE Kuok Group's maiden property investment in Australia looks set to ride on the tide of rising home prices in Sydney. The 45-storey retail and residential complex combines spectacular harbour views with the eclectic charms
      428 words
    • 482 2  -  24 owners each given choice of $2.4 m cash or new replacement unit /ty. Jenny Lam THE Habitat Properties group has signed a deal to pay up to $57 million for St Martin's Place, which comprises two apartment blocks in St Martin's
      ARTHUR LEE  -  482 words
    • NEWSRoundup
      • 104 2 Reuter SINGAPORE yesterday suspended al) imports of beef from Britain because of concerns over bovine spongiform encephalopathy (BSE), or mad cow disease as it is commonly known. "The Primary Production Department has taken the precaution to prevent the introduction of BSE," a government statement said.
        Reuter  -  104 words
      • 62 2 THE University of Queensland has established an alumni association here to provide information and support for its 250 Singapore graduates. The number of Singapore students in the university has increased significantly over the last few years, from 38 in 1990 to 205 last year. A
        62 words
      • 83 2 SINGAPORE'S first award programme to recognise researchers who use the most advanced supercomputing J technology in their work was launched yesterday by the National Supercomputing Research Centre and Cray Research, a high-performance tools and service provider. The CRAYQuest Singapore '96 award aims to attract researchers
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      • 34 2 HAIDER Mohamedally Sithawalla, 62, has been appointed Singapore's High Commissioner to the Republic of Tanzania. Mr Sithawalla, who is also non-resident High Commissioner to Mauritius, will reside in Singapore.
        34 words
      • 47 2 SENIOR Minister Lee Kuan Yew was reviewed by his panel of doctors yesterday. He is clinically stable and was considered fit for discharge. He was discharged at Ipm yesterday. A review of his cardiac condition will be carried out on March 30.
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    • 365 2  -  Reports by Christopher Tan FIAT distributor Auto Asia probably has the record for the shortest held car franchise. The Alfa Romeo agency, which it landed barely two months ago, is back with Milan Auto. The principal, Fiat Auto SpA, confirms that Milan Auto
      365 words
    • 187 2 THE Alfa Romeo franchise appears to be very popular here. Cycle Carriage and Comfort were among the few big players which have tried to rope in the marque. The listed Mercedes-Benz distributor, in fact, was keen to buy over Auto Asia's business when news
      187 words
    • 252 2 SINGAPORE'S budding Internet services industry chalked up billings of $10 million last year, and the sector is likely to double next year, Environment Minister Teo Chee Hean said yesterday. There are now over 20 companies, employing 500 staff, whose sole
      252 words
    • 164 2 IN RESPONSE to Cyberway's long-awaited launch, Pacific Internet says it will unveil new pricing and marketing schemes next week. "We will be launching some interesting price specials next week," said Pacific Internet chief executive officer Nicholas Lee. "We will also be announcing
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  • Page 2 Miscellaneous
    • 535 2 THE WEATHER Singapore: Showers over several areas in the afternoon. Temperature (33-23) llriu Nrfllr Hi/Lo* Good. Europe Hl/Lo* Good. America Hi/Lo* Goal AurUaad 21/13 Clandy Atrdi- 08/04 Showers AlUntt 18/07 Ctoudy Bwnkflk JWK Cindy Atms 14/08 Ctoudv Kuik* A*w 2*15 Ctoudy Bep* IVO4 Ctoudy Bfltn OMJ3 (loud> Chicago ***** (toady
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'SEYE
      • 651 3 Those polled for their views on the Singapore stock market's outlook for the week ahead are: Alliance, ING Barings, Daiwa, Fraser Securities, GK Goh, Kim Eng Securities, Deutsche-Mor-gan, Phillip, SBC Warburg and Merrill Lynch. Cfty Developments ♦Its results were above market expectations. City Dev will continue to
        651 words
      • Article, Illustration
        479 3  -  Yap Shoeng Wah Mnimjjff, Investment Services Standard Chartered Bank RADITIONALLY, I most investors have X emphasised absolute returns when selecting one investment over another. The idea that there is risk associated with any investment is not something that comes to the fore in an investors' decisionmaking process.
        479 words
    • 890 3  -  Taking personal loan to pay off outstanding credit card amounts can save hefty interest costs By l Chan Siew Ling [SINGAPORE] THE credit card has become a boon for many Singaporeans by providing a convenient way to pay for goods and services. But for an increasing
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    • 718 3  -  By\ Lee Yoke Har [SINGAPORE] Confidence once lost is not easily recovered. And homegrown IPC Corp, which is facing a bit of a confidence crisis in terms of its poor earnings, may find itself on many analysts' "sell" list for
      718 words
    • 575 3  -  EYE OK THE REGION: THAILAND Economic, political concerns dampen outlook but stocks seen as nnder-valned From, Alan Boyd in Bangkok ECONOMIC and political concerns have brought a note of uncertainty to Thailand's stock market after a promising start to the year, though the medium-term outlook remains
      575 words
  • Page 3 Advertisements
    • 133 3 Exclusive Residential [3j Acreage with 72% dedicated parkland mmm r Lh^l r a Uninterrupted panoramic EXHIBITION VENUE: Function Room views ot the ocean and Serangoon Garden Country Club Skyline. I 22 Kensington Park Road Only 5 minutes to Shopping centres, Singapore *****1 g Schools, Universities and Golf Courses. (Bek Ju^
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  • REGION
    • 711 4  -  CHINA-TAIWAN TENSIONS Washington hopes move will also ease Sino-US tensions From. Leon Hadar in Washington CLINTON administration officials are urging Taiwanese President Lee Teng-hui, whom they expect to be re-elected today, to launch a diplomatic overture aimed at easing the strain between the island
      711 words
    • 38 4 [TAIPEI] Taiwan's President Lee Teng-hui flashing a victory sign at his election poster hanging outside his campaign headquarters here yesterday. Taiwanese voters are to choose the island's first ever directly elected president today. REUTER
      REUTER  -  38 words
    • 257 4 HONGKONG Reuter A FORMER Chinese official and Taiwan expert has predicted major breakthroughs in China-Taiwan relations, including links across the Taiwan Strait and direct reunification talks in Beijing within months. The forecast was made by Huang Wenfang, a former Taiwan specialist of China's
      Reuter  -  257 words
    • 1591 4 OTY FUGHT ETA FLIGHT ETD HoCMMMl VN741 1310 VH740 1410 AfcoDhaM GA890 0045 EK072 1710 S0174 1430 MalaMo 0F81 1930 Qf82 2050 S0T73 W20 EK073 2325 r— HongKonq S0863 0040 UA806 0815 UA805 0105 CX710 0840 Aantartfam S0/D125 0645 GA890 0045 $0001 1140 S0860 0915 KL837
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    • 413 4 BEIJING Reuter Source: Reuter AUTHORITIES in China's south-eastern Fujian province said yesterday they had unveiled a package to attract capital from rival Taiwan in the face of flagging investment caused by China's war games. The Fujian provincial Administration of Industry and Commerce announced on
      Reuter; Source: Reuter  -  413 words
    • 422 4  -  BANGKOK Only 39 active-duty officers appointed to 260-member chamber By] Loh Hui Yin THE once-dominant presence of the military in Thailand's Senate has been sharply whittled in the new chamber appointed by Prime Minister Banharn Silpa-archa. Only 39 active-duty military officers were
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    • 237 4 JAKARTA AFP PRESIDENT Suharto vowed yesterday to continue economic deregulation and cut red tape to improve competitiveness and efficiency. His statement is the first on economic and industrial issues since the government released a series of rulings last month which analysts had criticised as raising
      AFP  -  237 words
    • NOTEBook
      • 54 4 AFP [JAKARTA) At least 73 per cent of Jakarta's water is contaminated by human waste, the assistant to environment minister was quoted yesterday as saying. He said 73 per cent of the state-owned PAM (drinking water agency) water is contaminated by E coii bacteria, which originates
        AFP  -  54 words
      • 49 4 Reuter [MANILA] Philippine President Fidel Ramos sacked his health minister yesterday over allegations of corruption, a spokesman said. Mr Ramos demanded Health Secretary Hilarlon Ramiro's resignation after receiving a report from three other cabinet members who investigated charges of corruption within the health ministry.—Renter
        Reuter  -  49 words
      • 68 4 AFP [PHNOM PENH] The royalist Funcinpec party yesterday threatened to withdraw from Cambodia's coalition government if its main partner in the coalition does not live up to power-sharing arrangements made following the 1999 elections. Funcinpec officials sakl they were angered that the formerly communist Cambodian People's
        AFP  -  68 words
      • 73 4 AFP [NEW DELHI) India's ruling Congress (I) party hinted yesterday that elections scheduled in April and May could result in a hung parliament. External Aflkirs Minister Pranab Mukherjee said Congress hoped to emerge as the largest group in the new parliament "The Congress will
        AFP  -  73 words
      • 52 4 AFP [SEOUL] South Korea yesterday announced that it would abolish all restrictions on private investors' transactions in overseas securities from April 1. Institutional and individual investors now will be allowed to freely buy and sell overseas stocks, bonds, certificates of deposit and commercial
        AFP  -  52 words

  • REGION/WORLD
    • WORLDWatch
      • 56 5 Bloomberg Business News [WASHINGTON] A key House Republican unveiled legislation that would raise the federal government's borrowing authority to US$5.5 trillion (557.7 trillion), giving the US Treasury enough leeway to pay its bills and debts through September 1997. This follows an agreement between
        Bloomberg Business News  -  56 words
      • 38 5 AFP (WASHINGTON] The House of Representatives has approved tough new restrictions on illegal immigration. It would allow states to deny public education to illegal immigrant children and beef up border patrol. —AFP
        AFP  -  38 words
      • 68 5 Bloomberg Business News [BONN] Germany outlined plans to narrow its budget deficit to one per cent of gross domestic product by the year 2000, by cutting spending and taxes. In a discussion paper presented to journalists by Finance Minister Theo Waigel, the
        Bloomberg Business News  -  68 words
    • 186 5 HONGKONG Reuter CHINA is close to announcing a decision on the fate of Hongkong people who hold foreign passports after sovereignty over the British territory reverts to Beijing next year. But it faces flak from prodemocracy politicians over its refusal to accept dual
      Reuter  -  186 words
    • 224 5 LONDON GERMANY, Singapore, New Zealand and Finland yesterday joined a growing list of countries imposing bans on British beef imports out of fear of "mad cow" disease. France, Belgium, the Netherlands, Sweden and Portugal all halted imports of beef from Britain on Thursday after
      REUTER  -  224 words
    • 709 5  -  LETTER FROM KUALA LUMPUR Bis criticism of the Malay establishment sparks debate By Ho Kay Tat FORMER Finance Minister Daim Zainuddin is a man of few words, but when he speaks, everyone sits up and listens because he still wields considerable influence. Punters will remember
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    • 64 5 WASHINGTON Reuter THE US economy is healthier than it has been in decades, a top Clinton economic adviser said yesterday. "In many ways, our economy is healthier and the fundamentals are stronger than they have been since the *****," Joseph Stiglitz, chairman of the White
      Reuter  -  64 words
    • 228 5  -  TOKYO Move gives Japanese securities houses access to forex transactions By, Anthony Rowley JAPAN yesterday announced measures to deregulate and liberalise its foreign exchange control system as part of a government move to create a completely "free" environment for international financial transactions in the
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    • 138 5 LONDON Reuter AFTER months of acrimonious debate, the London Stock Exchange (LSE) on Thursday approved proposals paving the way to the biggest change in share trading since the "Big Bang" deregulation a decade ago. LSE laid out a timetable for the move to "order-driven" trading,
      Reuter  -  138 words
  • Page 5 Advertisements
    • 25 5 Directions «PIH| The Business Magazine Available at selected leading book stores and news stands. For subscription and enquiries please call or fax. your Directions today.
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  • Page 5 Miscellaneous
    • 68 5 DOOMESBPBY-ffy Gary Trudeau BECAUSE AMERICANS ARB MICHI6AN, [1 SURE. LSPS I FROM EVSRYWHSRE.'. MYSELfj ISN'T IT? J I CHECK IN P uey K/M UH-HUH. GRAND- WHAT? nci, KIM. YOU R£ £V£N! 555/ I Al£X, IM w gawp mftmf- furrrrt* VOUUANT I msMOSTLY lIMPRESSED! 1 |ALRSADV WyU/KNOHI,A Wsea WEB? NOT I
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  • COMPANIES & MARKETS
    • 479 6  -  But it expects less favourable results this year; $150 m flat products mill project to be scrapped By. Lee Han Shih [SINGAPORE] Mainboardlisted Natsteel Ltd yesterday turned in a set of expected improved results, but unsettled analysts by saying it could suffer
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    • 339 6  -  23% earnings fall, however, is better than the 30% forecast by analysts By, Jenny Lam LUXURY hotel operator Shan-gri-La Hotel Ltd yesterday reported that net profit fell 23 per cent to $18.9 million for the year ended Dec 31, dragged
      339 words
    • 215 6 [SINGAPORE] Singapore Telecom (Sing Tel) yesterday acknowledged that its profit margins will be hit by increasing competition but vowed to take steps to minimise the impact on its bottomline. "With prudent management, more stringent cost control measures, improved productivity
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    • 557 6  -  HOCK LOGS SEBW By R Sivanithy IT'S quite an indictment of our local stock market that its direction in certain segments, predominantly the second liners, depends to a large extent on what the syndicates plan to do. Nowhere is this more evident than on Sesdaq, which
      557 words
    • 521 6  -  By, Agnes Wee ORCHARD Parade Holdings (OPH) yesterday announced a 62.5 per cent drop in group net earnings to $11.8 million in 1995, mainly due to its policy of recognising income from property development only upon obtaining a
      CHRIS LOH  -  521 words
    • 428 6 1995's losses include one-time $47 2m write-down [SINGAPORE] Singapore Technologies Aerospace (STAe), which incurred a net loss of $48.6 million at halftime, staged a minor turnaround in the second half. With a net profit of $300,000 in the second
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    • 165 6 [SINGAPORE] Singapore Technologies Industrial Corporation (STIC) has raised its foreign shareholding limit to 40 per cent from 25 per cent previously. The move will make the stock more attractive to foreign funds. STIC president Tay Siew Choon said yesterday: "Over the last year, STIC's stock
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    • REGIONAL COMPANIES
      • COMPANY Briefs
        • 22 7 [SINGAPORE] ST Computer Systems Services said Heng Siew Hong has resigned as general manager (application systems).
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        • 48 7 [SINGAPORE) Four Leaves Pte Ltd has agreed to buy two $1 shares each in QAF subsidiary Farmland Central Bakery's units Buttercup Bakeries and Cassia Bakeries. QAF yesterday said the two companies have been inactive and the price represents their total paid-up capital.
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        • 41 7 [SINGAPORE] Metalock (Singapore) will close its branch office in Hongkong on April 1 as it is no longer cost effective. An increasing number of the group's customers are moving their shipping business out of Hongkong.
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        • 55 7 [SINGAPORE] Electronic Resources said subsidiary Megawave has begun operations. Megawave will distribute and market its Simm modules computer equipment. Its paid-up capital was raised from $2 to $100,000. Electronic Resources holds a 51 per cent share in the company. The group is also setting up
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        • 70 7 [SINGAPORE] Intraco-owned Prestige Automobile, which distributes Holden cars here, has raised its issued and paid-up capital from $2 to $2.5 million. The company has an authorised share capital of $5 million. Its shareholders are Intraco (78.2 per cent) and Togliatti Cars (Asia) (21.8
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      • 241 7  - JEL's net earnings flat at 11.5m, way below forecasts w Teh Hooi Ling [SINGAPORE] Jurong Engineering Ltd (JEL) yesterday reported almost unchanged net earnings of $11.5 million way below the consensus forecast by analysts, who predicted an increase to $15.2 million. The engineering and construction group also warned that its
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      • 229 7 [SINGAPORE] Infrastructure contractor Ipco International yesterday announced net earnings of $1.02 million for the first six months ended Dec 31, against losses of $2.45 million in the previous corresponding period. Despite losses in the previous interim, Ipco still managed to double
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      • OTHERResults
        • 114 7 SESDAQ counter Teck Wah Paper Products' unaudited net profit after tax and minority interests for the year ended Dec 31 plunged 42.9 per cent to $2.1 million. Group turnover rose 20 per cent to $55.8 million, mainly due to higher contributions firom overseas subsidiaries,
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        • 70 7 SECON D-1 ine r Noel Gifts International's unaudited loss for the six months ended Dec 31 increased to $613,000 from $259,000. Turnover fell fractionally to $7.17 million for the six months, due mainly to lower gift hamper sales, the company said. Difficult retail conditions and higher
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        • 73 7 JAYA Holdings Ltd posted after-tax profits of $2.9 million for the interim ended Dec 31,93 per cent higher than its previous figure of $1.5 million. Turnover rose 71 per cent to $39.4 million, contributed mainly by hire revenues from container/conventional vessel chartering, and from its
          73 words
      • 337 7  -  Launch date five months behind schedule and may still be changed By) Lee Han Shih [SINGAPORE] Softdrink maker Yeo Hiap Seng (YHS) will launch its long-awaited Bukit Timah condominium project in the last quarter of this year. Originally slated for
        337 words
      • 176 7 [SINGAPORE] Bonvests Holdings yesterday reported a 52.5 per cent jump in net earnings to $23.7 million on a 5.6 per cent rise in turnover to $153.7 mUlion. The improved results came from the progressive recognition of profit from its Shelford Road residential
        176 words
      • 95 7 [SINGAPORE] ABR Holdings the franchisee of Swensen ice cream and restaurants yesterday reported a 65.3 per cent plunge in group net earnings to $697,000 for the year ended Dec 31. Earnings per share slipped to 1.6 cents from 4.6 cents in 1994.
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      • 264 7  -  EACC, 66% owned by MUI, also plans to acquire more firms From. Al Labita in Manila AN INVESTMENT house partly owned by Malaysian tycoon Khoo Kay Peng is eyeing about Ss39o million worth of underwriting deals this year, an official said yesterday. The deals
        264 words
      • 278 7 Group also still banting for land to build service apartments here [SINGAPORE] The United Overseas Land (UOL) group is scouting for hotels along Australia's Gold Coast to add to its five properties in Sydney and Perth, said UOL group general manager
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      • 334 7  -  By William Chia [SINGAPORE] Metal parts maker Amtek Engineering has posted a 75 per cent increase in interim group net earnings to $11.85 million for the six months ended Dec 31, 1995. Pre-tax profit also rose, up 74 per cent to $16.73
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    • INTERNATIONAL COMPANIES
      • 504 8  -  Fresh, offer of 11 new SCMP shares for 20 TVE shares, or cash Fromi Quak Hiang Whai in Hongkong THE tussle between media tycoons Robert Kuok and Run Run Shaw over TVE Holdings moved into Round Two yesterday with Mr
        504 words
      • 168 8 AFP [SUZHOU, Jiangsu] An industrial development zone in the ancient city of Suzhou is to be floated on the Stock Exchange of Shanghai to help it attract more investments. Xie Ming, the vicedirector of Suzhou New District development zone, said that Suzhou State New and
        AFP  -  168 words
      • 193 8 Reuter Bloomberg Business News [LONDON] UK brewing and spirits company Guinness pic confirmed yesterday that it had finished its share buyback scheme, having repurchased 100 million shares at 463 pence each during the day. The group paid £463 million (Ssl billion) before
        Reuter; Bloomberg Business News  -  193 words
      • 462 8 Market most alarmed by performances in minerals and steel AFP [SYDNEY] Shares in Australia's Broken Hill Proprietary Co Ltd (BHP) were given a hammering yesterday after it startled the market with what analysts said was a disastrous interim profit result. BHP's consolidated
        AFP  -  462 words
      • 145 8 Reuter [HONGKONG] Jardine International Motors Holdings Ltd said the trading environment was likely to remain difficult this year after recording an 18 per cent drop in trading profit last year. "Trading conditions are likely to remain difficult for Jardine International Motors in 1996,"
        Reuter  -  145 words
    • SHIPS IN PORT
      • 731 8 Vmm< Voy #0 8«rth Arrtv«l Dop*rtort Jm| M it Hutr 1/96 JT7 wnqsiOt 2X03/2)00 Clunfoaq 9603* X7 «on«SHi« 25 03/0800 Oooymfgfory OW JOt itongw* 24.03/2300 Frt Ina 02/* J* MnqsKM 26.03/1600 FiAmbsMi 3/96 J11 Honqsitt 25.03/1600 MM 1 005/96 J02 MfsM* 24.03/1700 K Gforyy B* *****6 J04 KrnquM
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      • 1551 8 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Boofclnq/IMance Rstls Ship Voy No Etb/Btr Ported Frow To From Aci taiy 07* 25/1W0 0 22/1900 22/OS9 22/000 2* 22/1700 23/0459 23/0900 1 23/0700 2VHH 21/MOO 4 21/1200 21/M59 21/1700 kiJ* 2UA 24/0400 O 22/000 22/059 22/1900 21 22/T700 23/0459
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    • FINANCE & COMMODITIES
      • 388 9  -  Flurry of unusually large cross trades in Nikkei 225 index futures contract By I Siow Li Sen JAPANESE firm Nomura Futures has been hitting the Singapore International Monetary Exchange (Simex) with a flurry of unusually* large cross trades in the Nikkei 225 index futures
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      • 234 9 Reuter [TAIPEI] A total of 14 Taiwanese banks have agreed to grant NT$B.2 billion (***** million) in syndicated loans to local semiconductor maker Macronix International Co Ltd for its NT$3O billion plant, lead underwriter Chiao Tung Bank said
        Reuter  -  234 words
      • 169 9 AFP [TOKYO) Japan's Daiwa Bank Ltd is expected to suffer a net loss of more than 150 billion yen (551.98 billion) for the year to March 31 due to a huge loan write-off and bond trading losses in the United States, it was
        AFP  -  169 words
    • FINANCE & COMMODITIES
      • 328 10  -  But it won't shut down tho crude distillation nnit for repairs for now By] Ronnie Lim [SINGAPORE] Shell Singapore yesterday said it was losing some 1,000 tonnes of kerosene daily at its largest crude distillation unit (CDU) on Pulau Bukom due to
        328 words
      • 230 10 Reuter [SEOUL] Trading houses of South Korea's diversified conglomerates, known as chaebol, have their eyes fixed on a fresh new business opportunity in worldwide gold trading, company officials and analysts said yesterday. Official figures showed South Korea produced only about one tonne of
        Reuter  -  230 words
      • 406 10 UBB/m*rk: Trading for US$/mark generally lacked direction, consolidating between 1.4700 and 1.4807 for the first four days of this week. Although the medium-term remains mixed, trapped between 1.4650 and 1.4955, the shortterm favours a test of the upside. Current daily stochastics levels suggest that
        Source: Bank  -  406 words
      • 80 10 How to make money lots of it [WASHINGTON] Ron Windsor, an employee at the US Bureau of Engraving and Printing, inspecting a sheet of newly printed US$lOO notes on Thursday before sending the accepted ones to be cut. The bills are then stacked and re-inspected before being bundled and delivered
        AFP  -  80 words
      • 197 10 Reuter [JAKARTA] Indonesian exporters sold about 30,000 tonnes of coffee held back under the export retention scheme of Association of Coffee Producing Countries (ACPC) because of financial difficulties, trade sources said yesterday. "Nearly 30,000 tonnes of retained coffee has been exported," one
        Reuter  -  197 words
      • 248 10 [SINGAPORE] Come June, Singapore's lube base oil production will receive a big boost when Esso Singapore's $35 million lube expansion project comes on stream. "Construction started last September and will be completed during a maintenance turnaround scheduled to begin in May,"
        248 words
      • Article, Illustration
        1236 10 IMTBEBAMK CPREBMCT BATB8 4 pm,Mar22 Attest S$ H1 AfrtHt U$s iAfrtntSS AftlMt U$$ CfTiWtH rmm+c- W* Offw m—1 n ftggggg H Offw BM OWw St'USS to ont unit of/brtign currency: StVSt to 100 unit* of foreign currency: Australia* OoOar 1.0*55 ***** 0.T7M 0.7771 Franc* franc 27.7552 27.7103 19.6761 1* 6000
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      • 240 10 SXMEXReport Reuter [SINGAPORE] Simex Euroyen and Eurodollar futures closed little changed alter a thin uninspired session which left most players focusing on the weekend ahead. "I guess it was the Friday mood," said a trader, citing a lack of market-moving news as the reason for the
        Reuter  -  240 words
      • 168 10 Reuter AFP London THE dollar eased back from overnight highs amid an absence of fresh buying factors and it looked set to struggle within a narrow range ahead of Taiwan and German weekend elections. By 1320 GMT, the dollar was quoted at 1.4782/88 marks and 106.77/87 yen compared
        Reuter; AFP  -  168 words
      • 311 10 ENERGY REPORT Reuter [SINGAPORE] Singapore's bunker fUel sales are expected to fall further in 1996, bitten by strong regional competition which is challenging the city state's reputation as Asia's top bunkering centre, industry sources said yesterday. The Port of Singapore Authority (PSA)
        Reuter  -  311 words
    • 1819 11 SICOM FUTURES Mar 22 RtffNCR (Mures ctatofM at SJ0*m> R$S1C0NTRACT(ScwtsA«) Close Volume Open Month High Low Sett (tomes) Interest Apr 96 219.50 675 toy 96 216.00 216.00 215.50 250 4310 Jon 96 212.50 2550 Mfep 96 ***** 209.50 210.50 225 ***** Oct/Dec 96 210.50 208.00 210.00 975 *****
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    • 1665 11 Reuter QNikkei 225 -2&61 STOCKS ended softer after five consecutive rises, bruised by falls in the bank sector. But brokers said the undertone remained strong, though some worried about a by-election in Gifu Prefecture this weekend. The 225-share Nikkei Average finished down 26.61 points at 20,700.92. The June futures
      Reuter  -  1,665 words
    • 2448 11 LONDON Mntriato K»a nki A. A. Corp Adr 631/2 *11/2 AB Ports 293 3 AbOry National 574 16 ADM Lyons 5091/2 61/2 Amec 102 *2 Argyll 3111/2 -2 1/2 Asda Group 104 unch BAT kid 503 *11 BtCC 334 -11/2 BOC Group 887 2 BR Petroleum 554
      2,448 words
    • Article, Illustration
      1707 12 AFX-Asia CI Hang Seng -L 23 STOCKS closed little changed, having traded in a relatively narrow range with investors waiting to see the outcome of Taiwan's presidential election. Dealers said they expect the market to pick up next week after the elections, provided nothing untoward happens in the meantime.
      AFX-Asia  -  1,707 words
    • Article, Illustration
      634 12 Reuter D Shanghai B Share Index -&37 THE Shanghai B Share Index ended down because of a fall in the stocks of Pudong firms on investor worry over their 1995 results. The index fell 0.37 point to 51.06 on volume of 3.7 million shares worth US$l.5 million. Wai Gaoqiao
      Reuter; Source: Credit Lyonnais Securities (Asia) Ltd  -  634 words
    • 387 12 AFP QWPlnfcx +2127 SHARE prices finished higher, due to support by the government on the eve of the island's first direct presidential elections. The Weighted Price Index gained 24.27 points to 5,066.55. Turnover was 1.34 billion shares worth NT543.62 billion. Falls beat risers 177 to 165, with 79 counters
      AFP  -  387 words
    • Article, Illustration
      777 12 Reuter P Composite Index +&04 SHARES ended mixed, with eyes remaining on secondliners due to continued talk of expected price-friendly announcements, brokers said. The Composite Index gained a meagre 0.04 point to 586.02. Advancers lead decliners by 50 to 49 and 45 issues were unchanged. "Lippo Land remained the
      Reuter  -  777 words
    • Article, Illustration
      840 12 Bloomberg Business News Q SET Index +17.18 STOCKS rose amid growing optimism over the fortunes of banks and energy companies. Krung Thai Bank rose five baht to 120 after it said it would pay a three-baht dividend for 1995. PTT Exploration Production gained eight to 308 on expectations the
      Bloomberg Business News  -  840 words
    • 355 12 AFP n Manila +3.75 SHARE prices closed higher on bargain hunting, but trading was moderated by the absence of foreign funds. The Composite Index rose 3.75 points to 2,881.55. Turnover was 9.9 billion shares valued at 1.9 billion pesos. Philippine Long Distance Telephone Co fell 15 pesos to 1,465.
      AFP  -  355 words
    • 420 12 AFP rl Composite Index +XB4 SHARE prices advanced, helped by interest in low- and mid-priced shares. The Composite Price Index rose 3.84 points to 872.04. Turnover was 23.9 million shares worth 433 billion won. While wide-ranging buying interest concentrated on small stocks, blue chips were mixed, dealers said. Samsung
      AFP  -  420 words
    • 619 12 AFP PAD Ordinaries -17.9 A DISAPPOINTING profit result by BHP was blamed for depressing the share market. The All Ordinaries Index fell 17.9 points to 2,245.0. Turnover was 254.5 million shares valued at A 5656.7 million. BHP closed 61 cents lower at AslB.oB after the group announced a net
      AFP  -  619 words
    • 285 12 Reuter n Wellington +16^)1 SHARES ended at the day's high, with volume boosted by a crossing just before trading started. The NZSE-40 Capital Index ended 16.01 points higher at 2,184.18 on a volume of NZ$ll9 million. Reuter ■«rU COW) ANZ Bonking 7.10 unch BBOO Aflvont »q«i Htdgt 1.63 unch
      Reuter  -  285 words
    • KUALA LUMPUR STOCK MARKET
      • 7596 13 KUALA LUMFURReports Bloomberg Business News Composite Into +2J2 STOCKS rose to a fresh 17-month high, led by Telekom, after a local newspaper reported it will buy a competitor. The government has been encouraging telecommunications companies to merge to reduce competition in the industry.
        Bloomberg Business News  -  7,596 words
    • WARRANTS&OPTIONS
      • 3758 14  -  WARRANT WATCH By\ Paul Leo THERE are only four Sesdaq counters Asiamatrix, EML, Heshe and Material Handling Engineering (MHE) with warrants listed on the Stock Exchange of Singapore. But only three are currently traded as EML is still suspended. Of the three, only the Asiamatrix warrant
        3,758 words
    • 2297 14 Or Or 1995/96 Lm« Vol Day Last Quote Mv Otv YW Nat M Cap Htgk Law Stno Company Sato COOP) Hip* too Buyar SaOor CNr 9* P/I tmM US IN 5000 AISS50C MO act 1130 MS SO 540 S50 50 41 0.3 IM.9 5510 127 70.5 5001 AMOBSOc—
      2,297 words
    • STOCK EXCHANGE OF SINGAPORE
      • 1302 15 TURNOVER COOO) VALUC COOO) m*» c>«» Tti cut wgj Industrial 3U83 17,384 48.74? 104.217 41,844 '45.840 FkMiK* 8.034 11,578 17.812 82.752 2U»3 83,945 HoWt 1.887 212 VXn 5.435 433 5388 ProewtlM 5.413 7.780 13.173 28.055 10.702 38.757 PUntttton 1.279 1.279 3,528 3.528 MMM 817 8t7 2,593 2.593 8LW 5.018 4.495
        1,302 words
      • 4197 15 Gr Cr M Wt ioe«/a« LMt Vol Day loot Ovtt Otv M* Yld Net Co# A»g Hfi Low StNo Company COOP) High 1— Buyer *«fr C'vr Wt $m« Price WOUITVtALS Jr "i ss ss »isjs yS r SS! s s S ts a issjs OAA iiimti hum i<v
        4,197 words
      • 829 15 fir fir M Wt 1995/96 Lm1 Vai Day Last Owota Wv Mv VM Mat Cap Av* t— MMa Ctmpmr »ali rOOOl Lam 8»rar «p»w Cw NK <— Ww 322 40 a 2000 ABRMldflsSc 250 -3 42 258 250 251 258 18 0 6.9 0.4 54.3 110.6 252 280 50
        829 words
      • Article, Illustration
        73 16  -  -By Paul Leo SRI HARTAMAS fell/toe cents to $1.41 yesterday with SSS million shares done. It is interesting to note that 51.41 is exgrty the fibonacd retracement target cf 382 per cent of the Oobmunter's upmooeftvm 70 cents in November to $1.86 in Fetmary. Hence, some consolidation can
        73 words
      • 870 16  -  STOCK MARKET COMMENTARY STH sheds more than half of Thursday's gains, with dealers blaming weakness also on absence of market-moving news By Ven Sreenivasan [SINGAPORE] Thursday's recovery in local stock prices proved to be just a flash in the pan, as the market
        870 words
      • ON THE GRAPEVINE
        • 136 16 ITS a dog-eat-dog world out there at Raffles Place. Make one slip and your competitor will rush to the phone to tell the world about it via our fearless Grapevine column. We received a fax from a broker who gleefully pointed out how uningenious Kay Hian
          136 words
        • 127 16 AT A meeting with investment analysts on Wednesday, IPC Corp chief executive officer Patrick Ngiam gave his diagnosis of the homegrown computer-maker's troubled investments. We are told Mr Ngiam described the group's US and Australian operations as having "cancer" and needing surgery. He could
          127 words
        • 84 16 MOST offices have signs that say 'unauthorised personnel are not allowed beyond" the front door. But Thomson Financial Services, it seems, prefers unauthorised personnel to unauthorised computer diskettes on its premises. Posted at its entrance at Shaw Tower on Beach Road is a notice that says no
          84 words
        • 99 16 SIMEX traders harbour the hope that tMK Japanese counterparts will one day switefi*? their business to Singapore. As one locafi£ explained: "After all, Simex's commissiflp is four times lower than Tokyo's for the fflg Euroyen contract. Our 200 yen (552.65) foSS their 800 yen per contract
          99 words
  • Page 6 Advertisements
    • 256 6 BUSINESS TIMES TOLL-FREE TEL. No. 1-800-741-1883 FAX: 741-1298 I Kleinwort Benson Research (Asia) Pte Ltd is a member of Dresdner I Bank Group, the second largest bank in Germany. In line with our current expansion plans, we are now recruiting South East Asian equity specialists I to develop our Singapore
      256 words

  • Page 7 Advertisements
    • 247 7 THE FUN POINTS JtF WALKING NEWPAPER SHOPPING CENTRE 1 W REGISTRATION: 12.00 NOON I I PROGRAMME: I.OOPM 100PM 1 m I Our walking coach, Derrick de Souza 1 k i will show you the finer points of L I walking. So you'll be in winning form on Big Walk day.
      247 words


  • Page 9 Advertisements
    • 1780 9 ShangriLa hotel LIMITED (Incorporated in the Republic of Singapore) The Directors of Shangri-La Hotel Limited wish to report as follows:Unaudited Results For The Year Ended 31 December 1995 The Group The Company 1995 1994 Variance 1995 1994 Variance $'000 $'000 $'000 $'000 Notes 1(a) Turnover (excluding investment income) 135.433 136,409
      1,780 words



  • Page 12 Advertisements
    • 44 12 FOR THOSE WHO PLACE QUALITY ABOVE ALL. TOUR TIME HAS COME! Enhance your image. Promote your business. All in the name of quality. Call us, we'll show you how. Tang Ngai Kin 740 2085 (pg 9301 9320) Serene Cheong 740 1609 (pg 9408 0305)
      44 words

  • Page 13 Advertisements
    • 58 13 Wiz- Get Biz! Get wiz! Multimedia CD-Rom Everything you wanted to know about Unit Trusts as well as a financial planner shareware...all this and more in Wiz Vol 3, f a multimedia lifestyle magazine on CD-Rom. I Amconics ♦Stop Press Qf lM MPH ♦Times the Bookshop Challenger Superstore Wright-Tech Klnokuniya
      58 words

  • Page 14 Advertisements
    • 188 14 'Vk- Batam continues to boom. Private foreign and domestic investments totalled $6.2 ADVERTISEMENT RATES 11 J/ 11 IVi #11 billion in 1994. Revenues from tourism stood at $240 million in the first six months of 11 AmJ\ I y\f 11 The Sunday Times bst ye* companies, especially electronics, open. Tourists
      188 words

  • Page 15 Advertisements
    • 22 15 ROY EASTERN WATCH, LUCKY PLAZA, #01-74, #01-86/87/88 ORCHARD ROAD TEL 734 3139 DELUXE EASTERN WATCH, CENTREPOINT, #01-18/20 ORCHARD ROAD TEL 235 2536.
      22 words
    • 40 15 BUY*? SELL* FIND** Classified ads can speed up your search for the right car. No matter what it is, you can always buy it, sell it or find it with the Classified. TOll FREE 1800-737-1166 Call Today For Results Tomorrow.
      40 words

  • Page 16 Advertisements
    • 25 16 For real-time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock number are available in the stock pages of BT and ZB.
      25 words
    • 116 16 MOT I C E S Over 40 minutes of video (Ace Ventura, Toy Story, Heat, Seven, etc), iL.^ more than an hour of music (Bruce Springsteen, Enya, George Benson, Najip Ali, etc), /ofs of trivia and information await. J I would like to subscribe for 6 issues at $90 Name:
      116 words
    • 1252 16 Singapore Closing Share Prices 22/03/1996 CLOSE PREV LOW HIGH *lllf» uss uss uss us* Ml IF/ Jardine Matheson 8.05 8.00 7.9S 8.09 prfDDSMI Jardine Strategic 3.26 3.20 3.20 3.26 L vS# A Dai| Y Farm 0.93 0.95 0.925 0.95 Hongkong Land 2.30 2.30 2.29 2.32 Mandarin Oriental. 1.25 1.28 1.25
      1,252 words

  • EXECUTIVE Lifestyle
    • 1228 17  - And the Oscar goes to Anything can happen at the Academy Awards on March 25 a major award could go to a dead actor, and a pig could trot off with the year's top prize. Clearly, the stage has been set for an evening of surprises, jaimb be sticks her
      1,228 words
    • STRAWS In The Wind
      • 33 17 TRUE story: BT's Hongkong correspondent Quak Hiang Whai was invited to lunch by a business executive named Michael Duck. It's not often that a Mr Duck lunches with a Mr Quak.
        33 words
      • 60 17 WHO says traffic wardens don't have a sense of humour? At Holland Village, a warden was seen booking several cars for illegal parking. A passerby quipped: "I thought the election is coming up soon?" The lady replied with a smile: "Cancelled already!" The passerby had to figure out if
        60 words
      • 92 17 YOU may have read somewhere that married people feel less stressed when they're alone with their dog than with their spouse. According to an "expert", the reason is obvious: dogs can't talk. They don't yell at you for leaving your underwear all over the place. In fact, they
        92 words
      • 37 17 A LOCAL men's magazine committed a rather Freudian faux pas when it ran a story about Boat Asia with this headline: "Boast Asia". Perhaps the subeditor was thinking out loud when he wrote the headline?
        37 words
    • PROFILE
      • 3293 18  -  For her book Leaders Of Singapore, author mblamie chew interviewed the men and women who have left an indelible mark on local business, politics and the arts. In this extract from her book, she profiles the late Hong Leong patriarch Kwek Hong Png, who shared with her
        PHOTO REPRODUCED FROM 'LEADERS OF SINGAPORE'  -  3,293 words
    • BOOKS
      • 715 19  -  Melanie Chew wanted her book to be about bringing up children, but she ended up writing about Singapore's leaders. She tells jaimb be why JAIME EE Melanie Chew interviewed the likes of Kwek Hong Png, Lim Kim San and David Marshall for her book Leaders Of
        GERALD GAY of THROUGH THE LENS  -  715 words
      • 986 19  -  Channels Confluences, A History Of Singapore Art By Kwok Kian Chow Landmark Books 155 pages, $75 By] Iola Lenzl THE OPENING of the Singapore Art Museum in January heralded a new era in the development of the City State's art infrastructure. A new era
        986 words
    • 525 20  -  TELEVISION With its undertones of intolerance, WWF Superstars is morally obnoxious. But it is also so exuberantly tasteless that it commands attention By] Kevin Sullivan ONE person's gladiatorial extravaganza may be another person's unreconstructed tosh. WWF Superstars (Sundays, 11pm, Ch 5) is, clearly, not
      525 words
    • 577 20  -  CINEMA Unless yon have a real tolerance for absurd characters and syrupy endings, Jodie Foster's Home For The Holidays isn't worth the visit By] Holly Harrison HOME For The Holidays could have been a good movie. The ingredients are there: a talented cast, a set done
      577 words
    • 602 21  -  NIGHTSPOT Pepper's at the Pan Pacific not only looks like a museum to the Fab Four, it's even peopled with characters from the songs By. A Surendren THE ADDRESS is not Abbey Road. But Pepper's at first glance seems very much like a museum to
      ARTHUR LEE  -  602 words
    • 484 21  -  Compiled by Holly Harrison KlHlBmOMg Dimensions Of Clay If you've been hankering to learn about the techniques used in ceramics, then pop over to the LaSalle-SIA Gallery for this student show. Works displayed demonstrate coiling, throwing, slabwork, and more. March 21 to April 14. Gallery hours: 1pm to
      484 words
    • EPICURE
      • 699 22  -  Lovers of good food and wine are likely to be very happy in Burgundy, reports corimiih kerk CORINNE KERK r OR MOST of us, Burgundy, in the eastern region of France, is already familiar as an area famous for its top-class wines. But despite being quite accessible via
        699 words
      • 913 22  -  WINE CONNOISSEUR What are the attributes of a great wine? Balance and harmony? Power and longevity? Or does it all boil down to personal preference? By\ N K Yong HOW DOES one recognise a great wine? This is a common question from wine "learners". I
        913 words
      • 581 22  -  RESTAURANTS Miftlifll Baling thA simplest ingredients and tnrns them into wonderfully scrumptious meals at L'Aigle d'Or By, Jaime Ee WHAT is it about these Michelinstarred chefs that an egg in their hands becomes this perfectly poached white ball, while in anybody else's hands, it
        581 words
    • Article, Illustration
      1082 23 Am Ventura: Whan Nature Calls. Nutty Jim Carrey in Africa Yishun: 11.10; 3.10; 11.35. Tampines: 1.05; 5.10; 9.15; 11. Z Apollo 13. Catch this gripping space drama before the Oscars: it's been nominated in nine categories, including Best Picture. Yishun: 1.10; 6.30. Bishan: 1.15; 5.45. Tiong Bahru: 1.35pm. Boon
      1,082 words
    • TRAVEL
      • 1362 24  -  It is a land unlike any other with its freezing temperatures, intense silences and seas adrift with icebergs as huge as houses. leow sails to Antarctica for the ultimate travel adventure CLAIRE LEOW THERE is a blue so clear and pristine you can see
        PHOTOS BY CLAIRE LEOW; JEN CHUA  -  1,362 words
  • Page 17 Advertisements
    • 19 17 Leaders of Singapore Kwek Hong Png EL 2 gjtlH Jp? V [FK a in 4f— MCu 3l. M .i^
      19 words
    • 12 17 The Academy Awards will be telecast 'live' on Tuesday, 9am, Ch 5.
      12 words
    • 64 17 >?`%!+'|.,{%-``,_]%/@|!:!";.!+{ The first amendment. t A completely new menu presenting the very latest in lighter, healthier cuisine from America. It's the first amendment in a whole string of changes we're planning at Seasons. And one that' s ideal for the constitution. SEASONS at the #> Four Seasons Hotel A Four
      64 words

  • Page 18 Advertisements
    • 24 18 From 'Leaders OfSingapore'by Melanie Chew, Resource Press 1996. Available at leading bookshops from Mar 28. Price: $150 See EL 3for interview with Melanie Chew
      24 words

  • Page 19 Advertisements

  • Page 20 Advertisements
    • 588 20 U WHEBE TO WINE, DIKE MID EMTBTMH VM I WOWLD SLAfIGEST SELLING BEER M&- it]** 2*. vc/*/ -J® n |Bk'. ,v. KQM (Love It! LONG BEACH MARINA SEAFOOD RESTAURANT (Cat Park A) Planoi Marina Moona South Singapore *****1 Open Daily 500pm 1.30 am Jel 323 22%2 For •nqukiM (Offk* Hours)
      588 words
    • 108 20 Rated Writ By Mad Kan Keng ef Die Sunday fines Trrir r /n fttH nft* HONEY RIBS W FIRE RIBS M if SNSRBS m\ PEPPERMINT RIBS J1 R4» Set (Inckfthwof SET DNNER: $18.30 M»<v« ofSoUf> Dasserl) For reservOians, please call 275-9162 (MMOtm-6.00pm) 226-5830 (6.00pm-11.00pm) 31 Marina P»rk, Plan* Marina #01-10,
      108 words
    • 2 20 Coming attraction
      2 words

  • Page 21 Advertisements
    • 141 21 Where to wine, dine and entertain 4f Magical /uitf/ House WEEKEND I: j Jt'i a celebration! jfife. j Delight the kids with a EHRy treat this weekend "Hocus Pocus" and spell bind them with [MAGIC SHOW [HIGH TEA Every Sunday Adult: $12.00+++ m 1.00 pm -1.30 pm Child: 7.so+♦+ 3.30
      141 words
    • 202 21 Unwind witk golden bubbles at tke Hubertus Grill tKis Sunday witk free gla s I of Gold Sekt Ckampagne, containing real 24 carat gold flakes. Tke perfect compliment to a Sunday Brunck, tkat even King Midas find kard to resist. A ANA HOTa SINGAPORE 16 Nwirn Hill. Su>if«pom *****7. T.UrU...
      202 words
    • 187 21 A HAWKER f®!' FEST Head down to where you can choose from an enticing selection of mouth-watering Asian hawker treats and BBQ delights at our weekend Hawker Fare buffet. $30 Adult $20++ Child 6.30 pm to 10.30 pm Available on Fridays to Sundays. eve and day of Public Holidays For
      187 words
    • 196 21 Pepper s Restaurant Pte Ltd 3rd Level, Pan Pacific Hotel Marina Square 7 Raffles Boulevard Singapore *****5 Tel: 334-0934 Fax:334-0935 Housed at the RELC International Hotel, l&'+titipPin Hsiang I fianquet experience, takes pride in |M|fi|iiH l/fjXr* k\ providing you the most sumptuous r U} ml)/ feast enhanced by an elegant
      196 words
    • 16 21 SUNDAy BRUNCH PHOENIX. Adult: $23.00* Child under 12: $14.50* Time: 12noon to 2.30pm PHOENIX COFFEE HOUSE
      16 words

  • Page 22 Advertisements
    • 50 22 V-' 4i ■m t's,< OW*' < \iT v^irC J I tLJaeSaEssnm f|K 1| c v ■%«<H JIBW -r* r -f 5 <&:... J Mi I KJESpr^H v r'^. I V fl I M GIORGIO ARMANI 581 Orchard Rmd #01-19 Hillun Hotel 1H 734 4025 lISA Plaza Senayan Jakarta TVI 57i
      50 words
    • 16 22 L'Aigled'Or The Duxton, 83 Duxton Road Singapore *****0, Tel: 227- 7678 Promotion ends on March 26
      16 words

  • Page 23 Miscellaneous
    • 1955 23 TODAY'S TV mmmmmammmmmmmmiimmmmmmmmmmmmmmmmmmffc.l HO CNN International. EBOOMMBMDBD VIHWiMG 10.02 Documentary: The Col10.30 AM TV Innovations: Rev- ours of a Culture Paki A nil Potion considering giving UP oluti° nary Home Shop Stan. A UUvbUUll thpirhnhv i ILOO Berita Mutakhir. their baby. U-00 Jin Lu Ge (Taiwanese ILO2 Prisma Ol GtillCS
      1,955 words
    • 243 23 RADIO Three Day In Jerusalem, Composer OfThe Month, BBC, Sanday, 7JOam BBC, Snnday, L30pm Al Quds, the final part in this Richard Wagner, the man series, explains how for with the idea that "man's Muslims, Jerusalem is the desires should be his only third holiest site of Islam, law", might
      243 words

  • Page 24 Advertisements
    • 24 24 Country Holidays Travel and World Expeditions will hold a slide presentation today at 3pm at Jubilee Hall, Raffles Hotel, on their 1996 Antarctic tours.
      24 words