The Business Times, 30 March 1996
1996-03-30
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The Business Times
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Title Section16 1996-03-30 1 THE BUSINESS TIMES MITA (P) 04ty 12/95 S I N G A P 0 R 85c16 words
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Article61 1996-03-30 1 Qm 2387.29 (-4.59) mm WTOOMP (J 2277.48 (+1.81) mm BT-M6A mM 1134*87 (-7.54) WOCmAMETIMDiCES Friday Chans? KLSEOOUP 1149.16 +112 NIKKEI .*****.85—+111.03 HANG SEND ***** iO -7138 SET INDEX 1289.73 +716 JAKARTA OOMP jteed MANILA OOMP .2900.75 +52.04 TAIPEI WPI (teed SEOUL COMP 868.76 +1010 CL8A CHINA B 7*2761 words
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Article69 1996-03-30 1 EXCHANGE KITES m st USS 1.406 I 1.528. .2.148 DM .0.878. .0.954 nm »m meh IN. 0,196 0.556 HKS 0.129. 0.182 BAHT 0.040. 0.056 RUPIAHM .0.04* 0.060 FUME KATES SINGAPORE* 144 KUALA LUMPUR. 8.15 JAKARTA 18.00 RANGKOK 1175 MANILA 14.90 HONGKONG A75 TAIPEI 8.00 SYDNEY 1175 TOKYO 1M S80UL69 words
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Article, Illustration573 1996-03-30 1 Agnes Wee - Prestigious Singapore Business Awards pay tribute to the Republic's best By. Agnes Wee [SINGAPORE] Soft-spoken entrepreneur Kartar Singh Thakral, chairman of the Thakral Group, has won the Businessman of the Year award. The award recognises his vision and outstanding entrepreneurial ability in building the ThakralCHRIS LOH - 573 words
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423 1996-03-30 1 Paul Leo - By Paul Leo [SINGAPOREJ OCBC Bank surprised the market with a one-for-10 rights issue on the back of a 12.5 per cent increase in net earnings to $605 million for the year ended Dec 31,1995. OCBC's earnings were, however, below the consensus forecast423 words
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323 1996-03-30 1 Abdul Hadhi - By, Abdul Hadhi [SINGAPORE] In what is possibly the biggest single Singapore property investment in west Australia, Lt-Gen (retd) Ng Jui Ping is developing the As2so million (***** million) Kennedy Bay Resort about 25 km south of Fremantle. Sources told BT323 words
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244 1996-03-30 1 Jennifer Lien - By. Jennifer Lien [SINGAPORE] Creative Technology will write off up to US$3O million (Ss42 million) in inventory and report a "significant loss" this quarter. The shock announcement came one week after Creative said it would take a US$4.6 million charge to244 words
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Page 1 Advertisements
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Advertisement145 1996-03-30 1 IMMbig Onrwmit nwHum The first non-Western head of the UN Development Fund for Women is a Singaporean determined to make a difference in the world, Raffle* Conversation, WSWS VALUE pg. Bhare price has been Calling, and eoukl test alltime low of riglKs tarn, this pg. Pricing of rights at sharp145 words
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Advertisement40 1996-03-30 1 Profiles of the three winners, Pg 3 Reports on Pg 13,14, 16. EARNINGS NET (Sm) GROWTH POB S$632.7 +11.0% SambOorp 40.2 -50.0 Saab Maritime 9 -66.0 OO. -23 T!bB 6.96 -36.1 SPC 26.53 -442 ▼cotflreMfc 21.6 +11.5 Ookttroa 23.27 -10.040 words
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Advertisement56 1996-03-30 1 GUESS W CLASSICS V I I 11 mM 1 ii &Vv&l '>• •wn SIR rfcwj&i k-I fi "\f '!«.<: > V>., -t: "VJ. -v ■■:f MmW w!m#vt# sH 1'..; %1 ft."' >: i" «fc%Vf C**tr*^s§sNi dag I 'V-T V; >■ WHS* <» 4* #-t'" ih«* 'S« »«fK*>£&r >; > Vl56 words
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SINGAPORE AT HOME & ABROAD
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288 1996-03-30 2 Ang Wan May - Hari Raya and Asian Aerospace help boost Feb arrivals by 7% Ang Wan May AVERAGE hotel occupancy fell by a sharp 4.5 percentage points in February compared with a year ago, in spite of a healthy 7 per cent rise in visitor arrivals288 words
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285 1996-03-30 2 FINANCE Minister Richard Hu underscored, at two events yesterday, the importance of timely and accurate information to the financial sector. The Republic's attractiveness as a finance centre hinges in part on how fast economic and financial information on Singapore and the285 words
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Article, Illustration218 1996-03-30 2 PRIME Minister Goh Chok Tong has reappointed Chief Justice Yong Pung How to another five-year term as the head of Singapore's judiciary. Announcing the decision yesterday, Supreme Court Registrar Chiam Boon Keng said the reappointment would mean that there would be "more218 words
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264 1996-03-30 2 Kevin Sullivan - Air traffic pact will be signed this year, says Croatian DPM By Kevin Sullivan SINGAPORE can serve as an air hub linking the Croatian capital Zagreb with South-east Asia and Australia, Croatian Deputy Prime Minister and Foreign Minister Mate Granic264 words
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176 1996-03-30 2 THE chief executive officer of the Port of Singapore Authority, David Lim, will take over the helm of China-Singapore Suzhou Industrial Park Development Co (CSSD), the developer of Singapore's flagship project in China. Mr Lim will assume his new post as CEO from176 words
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Page 2 Advertisements
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Advertisement138 1996-03-30 2 II V m II Hp" M m Jr A W ■Bpl w hvhhhh mm I 1 J w Collecttoni I 1996 Collection from Ashworth, vtsit Pan-West maZUMIBUMMtM a, Golf As,a-96. jSL WORLD TRADE CENTRE Styl.sh and comfortable both day night, EXPO HALLS 1 &2 (BOOTH 1425) Ashworth .s the undisputed138 words
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Page 2 Miscellaneous
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Miscellaneous147 1996-03-30 2 CRYPTIC CROSSWORD 30 Put together everything, for example, the editor sug- 7 Objects to work attitudes (7) TEBTBBDAT B SOLUTION gested (7) 8 It's not natural to shake up 31 BlissfUl state, better than conservation group (8,5) half-a-dozen others? (7,6) 9 Carry sword on back (8-5) n ß ß°n H147 words
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FOCUS: SINGAPORE BUSINESS AWARDS
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Article, Illustration858 1996-03-30 3 Chan Siew Ling - BUSINESSMAN OF THE YEAR By< Chan Siew Ling [SINGAPORE] BEING ahead has always been the name of Kartar Singh Thakral's game. The 1995 Businessman of the Year's early entry into new markets like China is a case in point. "In the '60s, weCHRIS LOH - 858 words
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Article, Illustration533 1996-03-30 3 Chan Siew Ling - ASA —world-class player ENTERPRISE A WARD Company scores on technical innovation and business savvy By\ Chan Siew Ling [SINGAPORE] The citation for the award said it all: "For its excellence in merging technological capability with business acumen to become a world-class player in its field." The award was the 1995CHRIS LOH - 533 words
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Article, Illustration597 1996-03-30 3 Agnes Wee - OUTSTANDING CHIEF EXECUTIVE RejKrrts by Agnes Wee [SINGAPORE] Few people in Singapore's property scene will begrudge Han Cheng Fong the sense of satisfaction he feels when he reflects on his past seven years at the helm of DBS Land. Since Dr HanARTHUR LEE - 597 words
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Article289 1996-03-30 3 (SINGAPORE] The residential property market may rise about 5 to 10 per cent before levelling off in the next 18 months, says Han Cheng Fong, deputy chairman and group chief executive officer of major developer DBS Land. Dr Han, who was asked his views at289 words
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FOCUS: PERSONAL FINANCE & INVESTMENT
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BULL'S EYE
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Article, Illustration694 1996-03-30 4 Those polled for their views on the Singapore stock market's outlook in the week ahead are: Alliance, ING Barings, Daiwa, Fraser, GK Goh, Deutsche Morgan, Nomura, Credit Lyonnais, SBC Warburg, WI Carr. Sbipptra hui We believe the scarcity of Grade A office space will force rentals higher694 words
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Article, Illustration410 1996-03-30 4 Neil Payne - Neil Payne DTO Bartop Sbgqpre "T T has become increasI ingly difficult to find X real value in Singapore blue chips. The results season has been mixed, with performance often below expectations although there have been a number of notable exceptions. We expect the slowdown in the410 words
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Article, Illustration977 1996-03-30 4 Tian Khean - Relative strength trading helps an investor pick stocks that will perform better than the general market AV Tian Khean The writer is a dealer at DBS Securities. The views expressed in this article are solely those of the author in his individual capacity and do not reflectSource:; JEN CHUA - 977 words
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Article, Illustration659 1996-03-30 4 Tom Petruno - By Tom Petruno LAT-WP [LOS ANGELES] Do not time the market. Invest long-term. Pay attention to an investment's fundamentals, not short-term price gyrations. These maxims have been pounded into Americans in the 90s, not the least by mutual funds eager to get,LAT-WP; DOLLARS & NONSENSR - 659 words
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497 1996-03-30 4 Al Labita - BTB 0* THE RBQ10N! THE PBZUPPDVBS Bnt recent correction offers opportunities for selective buying, say brokers Fromi Al Labita in Manila THE Philippine stock market is expected to stay sluggish over the near term as the market grapples with adverse external and497 words
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630 1996-03-30 4 Bank of china wmmmmmmmm m$ 25.000 249,999 5.9400 (.000 4.1900 A$ 250.000 500.000 6.0600 ***** 6.3100 Kj 300 49,999 6.7500 6.7500 ***** 50.000 i4£>ov* 6.8125 6H25 ***** S00.000 2.499,999 6.6200 6.9400 7JH0 Dmk U <.999,999 6.7500 7.0600 7JOOO630 words
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REGION
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331 1996-03-30 5 JAKARTA He warns against actions that could lead to national disintegration Reuter PRESIDENT Suharto said yesterday that there were limits to openness and deregulation in Indonesia and warned against actions that could lead to national disintegration. Mr Suharto, who has ruled the sprawling archipelagoReuter - 331 words
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238 1996-03-30 5 JAKARTA Reuter AFP INDONESIA is likely to lose at least 2.1 trillion rupiah (Ssl.3 billion) in revenue over the next three years after it grants tax and tariff breaks to an automotive firm controlled by President Suharto's youngest son, the Jakarta Post dailyReuter; AFP - 238 words
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Article, Illustration108 1996-03-30 5 M BRISBANE Reuter AUSTRALIA and Malaysia, in their highest-level talks in years, yesterday committed themselves to improving a sometimes rocky relationship and forging closer personal links between the two prime ministers. Australian Prime Minister John Howard met his Malaysian counterpart Mahathir Mohamad forReuter; AFP - 108 words
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423 1996-03-30 7 Chuang Peck Ming - SINGAPORE Global rankings show those in S'pore, Taipei and Seoul are not far behind By Chuang Peck Ming SENIOR managers in Hongkong and Tokyo are among the world's highest paid with those in Singapore, Taipei and Seoul not far behind, the latest423 words
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Article275 1996-03-30 7 HONGKONG Bloomberg Business News THE Hongkong government's new retirement fund will grow to HK$l4O billion (Ss2s billion) by 2000, a great chunk of which will be poured into the territory's bond market. The Mandatory Retirement Fund, which is scheduled to be up-and-running in aboutBloomberg Business News - 275 words
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123 1996-03-30 7 HONGKONG Reuter HONGKONG must retain its role as a regional financial hub if the high level of foreign investment in East Asia is to be sustained, said Kwang Jun, a senior World Bank economist "If Hongkong is going to continue to play itsReuter - 123 words
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Article, Illustration450 1996-03-30 10 Anthony Rowley - TOKYO jt&pid deregulation could exacerbate deflationary trends and posh op inemployment fteports by Anthony Rowley lAPAN yesterday performed What is now becoming an annual ritual of unveiling comprehensive packages of measures to deregulate its feonomy, and outside reaction plainly took the now predictrfble form of criticising450 words
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371 1996-03-30 10 US faces strong Criticism for its knilateral measures BARRIERS to international Irade and investment continue to proliferate despite completion of the Gatt Uruguay Round, the founding of the World Trade Organisation fend Apec's commitment to remove barriers among its members, a report by371 words
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369 1996-03-30 10 Anthony Rowley - ■TOKYO Thailand J Malaysia and S Korea faulted for import restrictions By, Anthony Rowley JAPAN'S Ministry of International Trade and Industry (Miti), in its fifth annual report on trade and investment policies, criticises a wide range of Asian countries for allegedly369 words
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Article, Illustration216 1996-03-30 10 TOKYO AFP THE Japanese government signed documents yesterday to renew land leases for US military facilities in Okinawa, over-ruling local objections and paving the way for an emergency extension of expiring contracts. Despite a court order on Monday, Okinawa Governor Masahide Ota refused to sign theAFP - 216 words
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Page 5 Advertisements
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Advertisement9 1996-03-30 5 Only S'pore and HK escape criticism over protection, PglO9 words
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Advertisement2478 1996-03-30 5 NANYANG FINANCE LIMITED AND ITS SUBSIDIARY COMPANY BALANCE SHEETS AS AT 30 SEPTEMBER 1995 GROUP COMPANY 2. TURNOVER GROUP AND COMPANY Now 1995 ISS4 1285 199* Turnover of the company represents interest earned trom loans, hire purchase financing 1995 199* S S and placements with financial institutions. Singapore government securities2,478 words
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Page 6 Advertisements
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Advertisement127 1996-03-30 6 They've made their i A r* mark Our congratulations to the winners of the 1995 Singapore Business Awards Mi j L'is-' t'- i" v g| < V r f *V*' BUSINESSMAN OF THE YEAR ENTERPRISE AWARD OUTSTANDING CHIEF EXECUTIVE Mr Kartar Singh Thakral Advanced Systems Automation Pte Ltd Dr Han127 words
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Page 7 Advertisements
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Advertisement948 1996-03-30 7 I M PCI LIMITED I I (Incorporated in the Republic of Singapore) II I ANNOUNCEMENT I The Board of Directors is pleased to announce the unaudtted results of the Company and the Group for the HI H half-year ended 31 December 1995. HI THE GROUP THE COMPANY H I 31-12-96948 words
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Advertisement742 1996-03-30 7 I SB I I CHUAN HUP HOLDINGS LIMITED I I INTERIM RESULTS I I The Directors of Chuan Hup Holdings Limited are pleased to announce the unaudited results of the Company and I I the Group tor the half-year ended 31 December 1995. I I 31.12.95 31.12.94 I I Co742 words
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Page 8 Advertisements
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Advertisement510 1996-03-30 8 Bf| u w '^^^^BSlOllllEllBH&ilSfiClnB 7/zm deeply honoured to be conferred with the I would like to thank them and look forward to many more good years together. prestigious Businessman of the Year Award. The growth ofour group also owes much to the Singapore Government's efforts The Award has been achieved510 words
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Page 9 Advertisements
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Advertisement245 1996-03-30 9 I A Group That Separates Itself From The Rest. I H IK9I 5 i Assembly distribution of consumer electronic products, trading and manufacture of textiles, hotel investment and management, real estate development, and financial consultancy services. l NSIKJJWI ROYAL BANK ff I Panasonic Vocbcc#m 111 Scotiabank 3 9 ■llmSi SINGAPORE245 words
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Page 10 Advertisements
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Advertisement694 1996-03-30 10 mM mm Mmm mmmKM M M mmmkmmW category jmm» nwi womn'i won«'* iwi VrJUA nun U9 HnU «s AMiiP m■■ vi S rn i l 3 1 4 1 1»1 1 6 1 1 DRIVE OFF IN AN OPEL *****11 MI I m I Frt* persons may form a team694 words
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WORLD
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196 1996-03-30 11 WASHINGTON Move ends debt limit role as pawn in budget negotiations NYT THE House of Representatives approved a measure increasing the US government's borrowing authority to US$5.5 trillion (557.75 trillion), a move that all but ends the debt limit's year-long role asNYT - 196 words
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Article, Illustration474 1996-03-30 12 LONDON EU says it may lift ban if London takes radical steps Bloomberg Business News BRITAIN will pay its beef industry £1.5 million (553.2 million) a week in compensation to deal with the "mad cow" disease, Agriculture Minister Douglas Hogg said.Bloomberg Business News - 474 words
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Article153 1996-03-30 12 TURIN, Italy Reuter EUROPEAN Union leaders sat down in a converted car works yesterday to begin mapping out the Europe of tomorrow but preoccupied by the current crisis over tainted British beef. At a summit in a former Fiat factory, now a glittering conferenceReuter - 153 words
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182 1996-03-30 12 WASHINGTON Bloomberg Business News THE US trade deficit in goods and services unexpectedly widened in January as commercial aircraft exports fell to the lowest level since 1978 and imported oil prices rose. Deficits with Japan and China also worsened during the month.Bloomberg Business News - 182 words
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Page 11 Advertisements
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Advertisement1000 1996-03-30 11 Kay Hian James Capel Holdings Limited t ANNO! JNCEMENT The directors of Kay Hian James Capel Holdings Limited (the "Company") are pleased to announce the following results:UNAUDITED RESULTS FOR THE YEAR ENDED 31 ST DECEMBER 1995 Year Ended Year Ended 1995 1994 Change Company Group Company Group Company Group $0001,000 words
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Advertisement1211 1996-03-30 11 rLTLiI HWA hong corporation limited (Incorporated in the Republic of Singapore) lilTiJ ANNOUNCEMENT The Board of Directors of Hwa Hong Corporation Limited wishes to make the following announcement: UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1995 GROUP COMPANY 1996 1904 1996 1994 W--1(1T swoo srooo srooo srooo 1 (a)1,211 words
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Page 12 Advertisements
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Advertisement956 1996-03-30 12 SEMBAWANG CORPORATION LIMITED (Incorporated in the Republic of Singapore) The Director* of Sembawang Corporation Limited are plaasad to announca tha following unaudited results of tha Company and tha Qroup for tha year andad 31 December 1995: GROUP COMPANY Sl'ooo ssooo 1995 1994 1995 1994 Turnover 1,195,152 1,105.193 8.4 303,556 343.261956 words
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Advertisement671 1996-03-30 12 J k ANA HOTELS k SINGAPORE LTD. (Incorporated in the Republic of Singapore) The Directors announce the unaudited results of the Company for the year ended 31st December, 1995. 1995 1994 (SS) (Ss) I. (A) TURNOVER 38,420,600 37,702,100 1.9+ (B) INTEREST INCOME 41,300 65,700 37.1ia. OPERATING PROFIT before Income Tax671 words
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COMPANIES & MARKETS
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558 1996-03-30 13 Shiv Taneja - Earnings hit by drop in contributions from stockbroking and finance units By\ Shiv Taneja [SINGAPORE] Weighed down by poor performances from its stockbroking and finance subsidiaries, United Overseas Bank yesterday announced a dull 11 per cent growth in group net earnings558 words
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Article, Illustration397 1996-03-30 13 [SINGAPORE] Banking groups as a whole the Big Four banks, Keppel Bank and Tat Lee Bank posted double digit earnings growth last year despite testing times for some. The six groups lifted net earnings by 12.6 per cent to $2.2 bUlion, driven397 words
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347 1996-03-30 13 [SINGAPORE! Sesdaq-listed electronics company Goldtron Ltd yesterday posted a 10 per cent fall in group net earnings to $23.27 million for the year ended Dec 31, compared with $25.78 million previously. The result is nearly 20 per below the $29 million net prqfit forecast347 words
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668 1996-03-30 13 Jennifer Lien - HOCK LOCK SIEW Jennifer Lien HE numbers are in. IPC I Corp last week finally anH nounced the muchI awaited breakdown of its I HI profit shortfall, after stun--1 ning analysts and observers last I month with a warning that its 1995 net profits668 words
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568 1996-03-30 13 Rahita Elias - Both results fall far short of market expectations By: Rahita Elias [SINGAPORE] Sembawang Corp (SembCorp) and Sembawang Maritime Ltd (SML) both turned in disappointing results for 1995. For the year to Dec 31, SembCorp saw its net profit halved to $40.2 mUlion, while568 words
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REGIONAL COMPANIES
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345 1996-03-30 14 Quak Hiang Whai - Mixed development will sit above prime airport-railway station in Central From< Quak Hiang Whai in Hongkong HONGKONG'S HK$4O billion (557.2 billion) Central airportrailway station project dubbed the year's most prestigious property deal has been awarded to a consortium made up mainly of companies345 words
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Article250 1996-03-30 14 [SINGAPORE] Paper and food group Inno-Pacific Holdings suffered a group net loss of $4.61 million for the year ended Dec 31, 1995, more than three times its previous $1.38 million loss. The company said yesterday that 1995 group turnover fell 44 per cent to $183.13250 words
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Article184 1996-03-30 14 [SINGAPORE) A rise in operating costs has led to a 36 per cent drop in the group net earnings of Tibs Holdings to $6.96 million last year. But the transport group's turnover rose by 15.8 per cent to $143.7 million for the year ended184 words
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157 1996-03-30 14 (SINGAPORE) SsangYong Cement lifted its 1995 group net earnings by 23 per cent to $30.99 million. This was slightly better than market expectations. Analysts in the latest issue of The Estimate Directory made a consensus forecast of $27 million. The improve profit for the157 words
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OTHER Results
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Article34 1996-03-30 14 [SINGAPORE] ANA Hotels reported a 12 per cent increast in net earnings to $3.8 million on the back of a 1.9 per cent rise in turnover to $38.4 million.34 words
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58 1996-03-30 14 [SINGAPORE] Net earnings for factoring company International Factors (Singapore) surged 49 per cent to $4. million. Turnover rose 25 per cent to $24.7 million. Earnings per share was 4 cents while net tangible asset backing per share was 84 cents. Directors recommended a, first and58 words
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56 1996-03-30 14 [SINGAPORE] Electronics component manufacturer National Kap slipped further into the red with the company reporting a loss of $2.7 million for the year end in Dec 31. This was against a loss of $1.4 million last year. Turnover fell 13 per cent to56 words
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89 1996-03-30 14 [SINGAPORE] Pacific Century Regional Developments posted a net loss of $14.7 million for the year to Dec 31. But it registered an extraordinary gain of $55.6 million for sale of a stake in the Bugis Junction complex. Turnover was $115.2 million. The company said comparison89 words
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Article51 1996-03-30 14 [SINGAPORE] Diversified Sesdaq-listed Wepco Ltd turn around with earnings of $348,000 from a loss of $170,000 previously. This was achieved despite a 40 per cent drop turnover to $24.3 million. Net tangible asset backing per share rose to 48.9 cents from 42.7 cents. No dividend has been51 words
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63 1996-03-30 14 [SINGAPORE] Hwa Hong Corporation has reported a 1.62 per cent increase in group net profit to $9.82 million compared with $9.66 million previously. Turnover was down 9.15 per cent to $210.29 million from $231.47 million ii 1994. Earnings per share improved to 6.7 cents63 words
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487 1996-03-30 16 Quak Hiang Whai - Award based on technical expertise though land premium was HKslb lower fVom< Quak Hiang Whai in Hongkong THE Hongkong government yesterday defended its decision to award the contract to operate the Tuen Mun river trade terminal to a consortium led by Hutchison Whampoa and487 words
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Article108 1996-03-30 16 [SINGAPORE] Cash-strapped Electro Magnetics (1992) Ltd (EML) sank further into the red last year with group losses deepening by 59 per cent to $23 million. The company also reported an extraordinary loss of $19.2 million, compared to $795,000 previously. Its net liability per share was108 words
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207 1996-03-30 16 [SINGAPOREJ Singapore Petroleum Company (SPC) yesterday reported sharply lower net earnings of $26.5 million for the year ended Dec 31,1995. Contributing to the homegrown oil group's 44 per cent net profit fall was the weak First half caused by poor refining margins, and207 words
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204 1996-03-30 16 [SINGAPORE] Sesdaq-listed Venture Manufacturing yesterday posted a modest 11.5 per cent rise in net profit to $21.6 million, below most analysts' forecasts. The result, some 5 per cent below The Estimate Directory consensus forecast of $22.4 million, was a far cry from204 words
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Article133 1996-03-30 16 IN OUR report on Intraco's results yesterday, we said the company did not provide a segmental breakdown of its activities. It emerged that Intraco did fax us the breakdown with the rest of the results but the page was not received. We apologise for the comment. Here133 words
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Article, Illustration58 1996-03-30 16 [AUSTIN, Texas] Kim Kwang Ho (centre), chief executive of Samsung Electronics Ltd of Korea, participating in Thursday's ground-breaking ceremony at Samsung's new US$l.3 billion (Ssl.B billion) semi-conductor manufacturing plant outside Austin, its first US facility. Texas State Senator Gonzalo Barrientos is on the left and onAFP - 58 words
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OTHER Results
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Article53 1996-03-30 16 [SINGAPORE] Hotel Grand Central's profit foil 5 per cent to H 1.06 million last year although group turnover rote 27 j per cent to $38.07 million. Earnings per share Ml slightly toj 7.06 cents from 7.45 cents while net tangible aaeet per share improved to53 words
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Article91 1996-03-30 16 [SINGAPORE] Sesdaq-llsted Asiamatrix Singapore, formerly known as TOnhow Industries, more than doubled j its operating losses to $4.3 million last year. Turnover slipped 28 per cent to $7.4 million. The group suffered a net loss of $4.9 million, or 21 cents loss per share. NTA91 words
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Article55 1996-03-30 16 [SINGAPORE] Eastern Publishing* s turnover inched up 4 4JJ per cent to $15.11 million. Profit after tax before extraordinaries rose 4.03 per cent to $2.07 million. The directors have recommended a first and final dividend of 10 per cent or 1 cent per share less55 words
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Article80 1996-03-30 16 [SINGAPORE] HBM Print managed to break even for the J 18 months ended Dec 31,1988. It recorded net earnings of $3,000 on a 3.8 per cent higher turnover ofs23£ million, in 1 comparison to the previous 12 months. The company's f performance was affected by keen80 words
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Article49 1996-03-30 16 (SINGAPORE] Fuji Offset Plate Manufacturing's net earnings tumbled by half to $715,000. Turnover slid 5 per cent to $24.8 million. The directors have recommended a i tax exempt first and final dividend of two cents per share. Dividend payments will amount to $868,250.49 words
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Article50 1996-03-30 16 (SINGAPORE] Causeway Investment more than doubled its group operating losses last year from $1.3 million*) $3 million despite a 6 per cent increase in turnover to $38 million. Loss per share doubled to 4.26 cents while NTA per share rose 10 per cent to 33 cents.50 words
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Article46 1996-03-30 16 {SINGAPORE] Provisions Suppliers Corporatton'sprofits increased by 52 per cent to $7.1 million despite a 4 per cent faU in group turnover to $147 million. NTA per share rose a from 33.85 cents to 37 cents, while EPS was 5.4 cents.46 words
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Article42 1996-03-30 16 [SINGAPORE] Ho Wah Genting International incurred a $2.9 million loss, compared with a previous gain of $356,000. Turnover rose 14 per cent to $20.6 million. NTA per share was down from 362 cents to 29.8 cents.42 words
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Article34 1996-03-30 16 [SINGAPORE] Chuan Hup Holdings' profit dropped 43 per j cent to $5 J million on a stagnant turnover of $428 million. EPS fell to 2.3 cents from 4.7 cents.34 words
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57 1996-03-30 16 [SINGAPORE] PCI suffered an operating loss of $5.7 million, compared with 1994's profit of $3 million, while turnover dropped 36 per cent to $77.4 million. Loss per share was 3.3 cents compared to the previous EPS of 1.7 cents. NTA per share dropped57 words
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INTERNATIONAL COMPANIES
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Article, Illustration327 1996-03-30 17 Neil Behrmann - Merger talks which broke down several weeks ago have started again Prom Neil Behrmann in London CABLE Wireless (C&W) is expected to make a reverse takeover and bid for British Telecom, contend London analysts and merchant bankers. This viewpoint follows an announcement late onSource: Bloomberg; BCRUZ - 327 words
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Article38 1996-03-30 17 Bloomberg Business News [HONGKONG] Hongkong Telecommunications Ltd rose 1.6 per cent yesterday after its London-based parent, Cable Wireless, said it was holding talks on a possible merger with Britain's largest phone company, British Telecom.Bloomberg Business News - 38 words
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Article255 1996-03-30 17 fen reserves of marks revealed .lis IHT i*ANKFURT] Deutsche ik, becoming the first Gerh bank to apply Internaaal Accounting Standards (lAS), has unveiled hidden cash reserves of 4.6 billion marks (554.4 billion). „,fA,$ standards, which are more transparent than Germany's disclosure rules, forced the bank toIHT - 255 words
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FINANCE & COMMODITIES
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350 1996-03-30 18 Soh Tiang Keng - Republic is an open economy, he stresses in Renters Financial Television interview By Soh Tiang Keng [SINGAPORE] The government does not deliberately weaken the local currency to stimulate exports, Finance Minister Richard Hu said last night. During a 15-minute interview with Reuters350 words
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425 1996-03-30 18 Ronnie Lim - Firm's 1996 target is to meet about 10% of region's cement imports By. Ronnie Lim (SINGAPORE) One of the world's top four cement producers, Cemex of Mexico, is fast making inroads into Asia, shipping cement from its Pacific Coast plants to425 words
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Article, Illustration464 1996-03-30 18 US$/Dm: Trading in the USI/Dm was quiet for the first two days of this week, trapped between 1.4728 and 1.4794. It rallied to a high of 1.4876 on Wednesday, only to give up gains to a low of 1.4725 on Thursday. The short-term outlook favoursSource: DBS Bank - 464 words
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Article104 1996-03-30 18 Bloomberg Business News [HONGKONG] Chase Manhattan Bank will move to expand debt underwriting in Asia after it merges with Chemical Bank this week, a senior company executive said. "We will have a far stronger debt raising capability, a far bigger balance sheet," Dennis Goggin, the bank's managerBloomberg Business News - 104 words
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162 1996-03-30 18 Reuter [BEIJING] German group BASF AG and a Chinese state partner announced plans yesterday to build a US$4 billion (555.6 billion) integrated petrochemical complex in east China with a huge naphtha cracker as its centrepiece. Details of the project, which awaits central government approval, wereReuter - 162 words
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254 1996-03-30 18 Bloomberg Business News [NEW YORK] The trust that sold the assets of defUnct Drexel Burnham Lambert Inc in the past four years authorised its final payment to creditors and is going out of business. "The trustees of the DBL Liquidating Trust are pleasedBloomberg Business News - 254 words
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Article233 1996-03-30 18 SSMELReport Reuter [SINGAPORE! Simex Euroyen futures recovered from an afternoon sell-ofT to end higher, with underlying bullishness helping the contracts shrug off strong Japanese industrial production figures. Japan's industrial production in February increased a preliminary 2.0 per cent from the previous month, against official estimatesReuter - 233 words
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Article159 1996-03-30 18 Reuter AFP THE dollar dropped sharply after the announcement in Washington that the US trade deficit jumped to US$lO.3 billion (5514,5 billion) in January, against US$7 billion in December. The trade shortfall was the biggest since last July, and analysts had generally expected a deficit on the orderReuter; AFP - 159 words
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271 1996-03-30 18 ENERGY REPORT Reuter [MOSCOW] Norsi, one of Russia's biggest oil refineries, has agreed with Moscow Narodny Bank to borrow US$25O million (***** million) from foreign investors to build a new refining complex, Interfax news agency said here yesterday. It quoted company officialsReuter - 271 words
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Article, Illustration1136 1996-03-30 18 DfTBRBAIfX CUUUDf CT RATBS 4pm, Mar 29 cmwciM m oiNf «w wur CfT—tto m owr m owWij StttSS to ont tatii of tor*|M cmrmtp StfSt to 100 uniU of fortign eurrrncy. 1*9*9 yon* orm o.tooi itmi njm hjmi CIII Mill II>1 UBS 1.0330 OiTW 0.7337 M 01 Ml *19 MJB1,136 words
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Article1673 1996-03-30 19 nCOMFOTUKBS Mar 29 ItNKt (MaratcMaan« 5J0p») RSS1 CONTRACTS catfifa) CtOM VotwM Opto m*k mhi low Sott (towt») hrtorort Apr 98 216.00 200 M*96 2*50 213.00 213.00 1485 6000 Jm 96 209.00 2550 Jatftop 96 204.50 202.00 205.00 150 ***** Oct/Hc 96 20S50 203J0 204.00 1275 ***** 203.50 24751,673 words
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Article2224 1996-03-30 19 Harl» Pim *h A. A. Corp Adr 641/2 1 ABPorts 290 2 Abbey National 5M unch AMad Lyons 490 1 Amoc 100 unch Argyll 306 *3 Asda Group 106 11/2 ■ATM 4S4 -10 MCC 333 -5 BOC Croup 887 ♦2 BRPetroieum 574 *9 ■T* 316 2 Bank2,224 words
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Article1649 1996-03-30 19 Reuter PI Nikkei 225 +***** SHARE prices closed broadly higher, buoyed by ongoing buying support in both cash and futures, amid optimism for farther strong gains through the coming quarter, brokers said. The Nikkei 225 Index closed up 111.03 points at 21,406.85. The Topix Index closed up 16.19 atReuter - 1,649 words
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Article, Illustration1667 1996-03-30 20 AFX-Asia PlUngSeng -7X38 SHARE prices closed lower in thin trade on late selling ahead of the weekend. The Hang Seng Index closed down 73.38 at 10,957.20. Turnover was HK54.33 billion. Dealers said that profit-tak-ing on Cheung Kong and Hutchison before the market closed sent the index down to itsAFX-Asia - 1,667 words
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Article, Illustration637 1996-03-30 20 Reuter PI Shanghai B Shire Index *013 THE Shanghai B market ended up in slow trade, with sellers generally nervous as the index approached the 50point technical support level. The B Index rose 0.13 point to 50.37 on volume of 3.8 million shares worth US$l.7 million. "Investors were waryReuter; Source: Credit Lyonnsis Securities (Asia) Ltd - 637 words
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Article382 1996-03-30 20 AFP F1 Wellington ****** SHARES made late gains to close on an intra-day high yesterday, the last day of the March quarter. Brokers said some window-dressing at the end of the quarter, the point to which fund managers measured their returns, had played a role in the gains. "AAFP - 382 words
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Article, Illustration837 1996-03-30 20 AFP H SET lain +IJ3B A TECHNICAL rebound and end-of-quarter window-dress-ing pushed shares higher in sluggish trading. "The index shot up at the last minute after staying stable for most of the day, which was probably due to windowdressing at end of the first quarter," said a trader. TheAFP - 837 words
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Article327 1996-03-30 20 AFP E| Manila +62.04 SHARE prices- closed higher on strong buying of some in-dex-linked stocks. The Composite Index rose 52.04 points to 2,900.75. Turnover was to 8.4 billion shares valued at 1.9 billion pesos. Manila Electric Co's A and B shares rose one peso each to 155 and 231,AFP - 327 words
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Article414 1996-03-30 20 AFP Fl Composite late ♦10-20 SHARE prices rose due to preemptive buying ahead of the April 1 expansion of the foreign stock ownership ceiling. "The bargain-hunting spree is expected to be short-lived, given the very thin turnover," said a trader. The Composite Price Index rose 10.20 points to 866.76.AFP - 414 words
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Article621 1996-03-30 20 AFP DAllordm*rie» -10J SHARE prices fell after an early rally lost direction and end-of-quarter technical trading brought the market down. The All Ordinaries Index fell 10.9 points to 2,225.6. Turnover was 404.6 million shares worth A 11.3 billion, with falls beating risers on a ratio of about five toAFP - 621 words
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KUALA LUMPUR STOCK MARKET
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Article, Illustration7455 1996-03-30 21 EUALA LUMPUR Reports Bloomberg Business News Reuter Fl Composite Index *121 SHARE prices were little changed yesterday as a rise in Petronas Gas Bhd offset a fall in Tanjong Bhd, a gambling company. Petronas Gas, a natural gas distributor and petrochemical plant owner, roseBloomberg Business News; Reuter - 7,455 words
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WARRANTS&OPTIONS
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Article3809 1996-03-30 22 R Sivanithy - WARRANT WATCH By. R Sivanithy THE spectacular performance of the Kuala Lumpur Stock Exchange's Second Board in recent months must have caught the eye of many a punter. Any new warrants in this segment should therefore prove interesting and worth evaluating. The problem is that underlying3,809 words
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Article2337 1996-03-30 22 MALAYSIAN STOCKS 6r Or 1995/96 LMt Vol Day Ktl Ovol. DW Dtv YM Nat M Cap H6» Low Stna Campaay SlW COOP) High Law Buyar Sailor H C*Yf P/I Smll US 84 a 5000 AISBSOc SB wck 17 58 510 510 520 S.0 0J Wi 5212 127 70.52,337 words
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STOCK EXCHANGE OF SINGAPORE
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Article1059 1996-03-30 23 TURNOVER (*000) VAIUC ('000) M«fcl cm Tti cn> Tin Industrial 29,730 9,470 39,200 m.82S 22.253 134,078 FWvmk* 5,356 1,973 7429 60,496 4,602 69,100 HMM 1,614 158 1,772 5,168 322 M88 PrapartlM 7.112 IU049 18,161 35.680 ***** 50,692 Mantattafl 1.302 1.302 3.159 3.159 MMng 748 748 *300 2.300 8LW 4.843 2.4081,059 words
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Article4448 1996-03-30 23 Cr Gf M Wt IM M i mi Vol Day L«*t Ouot* Dlv Dlv Yld Nat Cap High Low StNo Company Wt COOO> High Low Buyar Sllar H C'vr P/I Smll Prtco INDUSTRIALS 5146 ASE NTS10 200. US- ,<m n I ixc oca Ar»r Sflf US180 unch 614,448 words
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Article891 1996-03-30 23 Or Or M Wt 1995/96 Last V* Day LMt Qaata ON Otv YM Nat Cap At* HHH Law StNo Company Sata COOP) Hlftl L— fcyw Mar Pw Pft %mU Ww SESOAQ 322 40 2000 ABRHM«tSc 249 cd -2 S 2S1 249 249 251 M.0 6.9 0.4 94.1 IM.1 290891 words
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Article, Illustration878 1996-03-30 24 R Sivanithy - STOCK MARKET COMMENTARY Second-liners provide the f ocas on day when the market continues to drift in the absence of clear overseas leads By R Sivanithy [SINGAPORE] Second-liners provided the focus of the market's attention yesterday, the difference being that unlike previous878 words
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Article, Illustration74 1996-03-30 24 Paul Leo - By Paul Leo GOLDTRON was unchanged at $124 yesterday in spite of a strong volume of 21 million shares more than three times the lMay average <tf 662,400 units. This suggest that its upmove, which began two weeks ago firm support at $1.10, is stalling. Resistance is at74 words
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ON THE GRAPEVINE
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Article164 1996-03-30 24 UOB CHAIRMAN Wee Cho Yaw was in a genial mood yesterday when be presided over a press conference held in the posh elegance of his office at UOB Plaza. Fielding questions from a dozen local and foreign journalists, he had them laughing along, and impressed164 words
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Article93 1996-03-30 24 PERHAPS UOB and OCBC should merge their year-end results press conferences next year. At the UOB press conference, chairman Wee Cho Yaw was the first to inform reporters present of OCBC results. His aide had slipped a copy of his competitor's results to him so that93 words
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Article134 1996-03-30 24 YESTERDAY, analysts receiving faxed results of Sembawang Maritime did a double take when they read the column on earnings. There had been widespread expectations that SML would show a drop in net profits from the $27 million in 1994, and the general consensus was that earnings134 words
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Article74 1996-03-30 24 OLD soldiers don't die. They become super insurance salesmen. That appears to be the case at D'Rozario Associates which represents Great Eastern Life Insurance. In a newspaper advertisement recently, the firm listed four army majors and four captains among its 1986 ribbon award achievers. Group general manager74 words
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Page 13 Advertisements
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Advertisement133 1996-03-30 13 Make your next function Br to worry about. BANQUET-ORGANISING SERVICES HOTLINE 32 3 22 9 2 Pillar-free ballroom caters multiple closed-circuit Close to Tanjong Pagar for up to 1,000 people television and three 29" MRT station AMARA* HOTEL Wide selection of Chinese, colour TVs) Suitable for company DicDs, Singapore Muslim133 words
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Page 14 Advertisements
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Advertisement1073 1996-03-30 14 SEMBAWANG MARITIME LIMITED i (Incorporated in the Republic of Singapore) by business activities S W Ss SEMCO 45,243 68,130 (3,248) 13,150 Offshore Logistics Tug Ferry Services The Directors of Sembawang Maritime Limited announce the unaudited results of Ship Repair 29,222 36,196 1 722 2 016 the Company and the Group1,073 words
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Page 15 Advertisements
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Advertisement1119 1996-03-30 15 INTERNATIONAL FACTORS (SINGAPORE) LTD (Incorporated in the Republic of Singapore) UNAUDITED FULL YEAR FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT The Board of Directors of International Factors (Singapore) Ltd wishes to announce the following unaudited results of the Group and of the Company for the year ended 31 December 1995. GROUP COMPANY1,119 words
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Advertisement952 1996-03-30 15 HARIMAU INVESTMENTS LIMITED (Incorporated in the Republic of Singapore) ANNOUNCEMENT The Board of Directors of Harimau Investments Limited wishes to make the following announcement: 1. AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 11*995 GROUP COMPANY For The Year Endod Incrl For The Year Ended Incr/ 31.12.95 31.12.g4 (Deer) 31.12.96952 words
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Page 16 Advertisements
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Advertisement1234 1996-03-30 16 v SI Goldtron Limited I (Incorporated in the Republic of Singapore) The Directors are pleased to announce the following results: 1. UNAUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1995 Group Company 1995 1994 1995 1994 SS'OOO Ss'ooo SS'OOO Ssooo Turnover 553,377 507.659 9 18,333 9.073 102 Operating profit/(loss) 19,2791,234 words
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Page 17 Advertisements
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Advertisement391 1996-03-30 17 I F I Keppel Finance Limited I (Incorporated in the Republic of Singapore) I I PROPOSED ISSUE OF SsBs MILUON AND US$l5 MILLION PRINCIPAL I I AMOUNTS OF UNSECURED BONDS (TOGETHER REFERRED TO AS I THE "BONDS") IN CONJUNCTION WITH UP TO 51,923,137 DETACHABLE I WARRANTS ("WARRANTS 2001") TO SUBSCRIBE391 words
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Advertisement1492 1996-03-30 17 I OoCBCM I OVERSEA-CHINESE BANKING CORPORATION LIMITED I (Incorporated In th« Republic of Singapore) I The Directors are pleased to announce the foltowingI 1 AUDITED RESULTS FOR THE YEAR I ENDED 31 DECEMBER 1995 I THE GROUP THE BANK I 1995 1994 W(-) 1995 1994 I srooo srooo srooo ss-0001,492 words
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Page 20 Advertisements
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Advertisement38 1996-03-30 20 Mg Look out for 1 fSPJr the SuperMi redemption on Ist April '96 Seven Eleven outlets and "I deal in cameras. Andlknow whereto get good exposure." I XjSci/ffi"xn& fiiiiiSn *ws Igj Call today for results tomorrow. CATS. 1800-737-116638 words
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Advertisement19 1996-03-30 20 The Taipei and Jakarta markets were closed yesterday. i "3 Singapore I Business Giving I you the I _wtantngedgj.19 words
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Page 21 Advertisements
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Advertisement25 1996-03-30 21 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 ZB25 words
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Page 22 Advertisements
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Advertisement122 1996-03-30 22 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: So, why keep your shares tucked away? Use it for a million purposes. Call us Stop by any Hong Leong Finance122 words
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Page 23 Advertisements
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Advertisement22 1996-03-30 23 ROV 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
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Advertisement40 1996-03-30 23 BUYa FlNft* 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 yff Call Today For Results Tomorrow.40 words
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Page 24 Advertisements
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Advertisement233 1996-03-30 24 lii'Deirtli Business twaE Mews freai a Stopper Perspective For over two decades Singapore Business has covered the local and regional business scenes with more depth and breadth from mt/ms: I a perspective which is more relevant to I Profession: I local businessmen than any other I company; publication. Some may233 words
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Advertisement318 1996-03-30 24 ,);)^]^_.<!"?{!""|}[>".:]</|>-= IN THE MATTER OF THE COMPANIES ACT, CAP.SO AND IN THE MATTER OF T. E. C. SYSTEM (S) PTE LTD (In Members 'Voluntary Liquidation) Members' Voluntary Winding-up At an Extraordinary General Meeting of the member? of the abovenamed company duly convened and held at 10, JALAN BESAR. #06-02,51 M318 words
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Advertisement421 1996-03-30 24 Singapore Closing Share Prices 29/03/1996 CLOSE PREV LOW HIGH t ||l| uss uss uss uss MIHF Jardine Matheson 7.80 7.80 7.75 7.99 FIQSSIII Jardine Strategic 3.16 3.12 3.14 3.20 L XSSSf 1 Oairy Farm 0.949 0.929 0.929 0.949 Hongkong Land 2.40 2.39 2.39 2.42 ■■■ngHfj Mandarin Oriental 1.26 1.27 1.29421 words
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Advertisement153 1996-03-30 24 WANTED BUSINESS ASSOCIATE For a Singapore based trading company on profit-sharing/ commission basis. Ability to bring in business independently is a must. Person with good business contact and initiative please contact: The Advertiser ST Box N***** 82 Genting Lane Singapore *****7 The^^RJSD^ESSTimes A bntd new tack and a fretfi aptrach153 words
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Advertisement546 1996-03-30 24 la the Matter of The Companies Act. Cn. SO SSA NC YONCDtCITAL ONE (SINCAPORE) PTE LTD fl/, —t,, W,/, iMf-.ni i mi JariiM t niMMii r (MMntury uy*i«wf»; At an Extraordinary General Meeting of die mem ben of Ssangyong Digital One (Singapore) he Lid held at 2 Handy Road #09-08546 words
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ISEAS TRENDS
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Article, Illustration1006 1996-03-30 25 Ralph A Cossa - The key to future regional stability lies in the trilateral relationship among China, Japan and the US. Ralph a Com examines the issue Ralph A Cossa Dr Ralph A Cossa is Executive Director of the Paeific Forum CSIS in Honolulu, Hawaii. LONG-TERM stability in theAFP - 1,006 words
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Article, Illustration852 1996-03-30 25 Mark J Valencia - Japan and Sooth Korea should jointly explore and develop any resources in the disputed maritime area By Mark J Valencia Dr Mark J Valencia is a Senior Fellow in theEast-West Center, Honolulu, Hawaii. THE Tokdo/Takeshima controversy has again raised its ugly head, this time shaking852 words
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899 1996-03-30 26 Helen Hughes - Helen Hn«hes explains why prominent American economist Paul Krugman, is wrong in his analysis of Singapore's economic performance Helen Hughes Prof Helen Hughes is a Senior Professorial Fellow at the Institute of Southeast Asian Studies. PAUL Krugman, in his Foreign Affairs article "The899 words
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Article, Illustration1022 1996-03-30 26 P Lim Pui Huen - The concept of Bangsa Malaysia gives Malaysians a new vision of the future By: P Lim Pui Huen P Lim Pui Huen is a Research Fellow at the Institute of Southeast Asian Studies and is Associate Editor of Trends. NO matter what the astrologers and fengshuiN5T - 1,022 words
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Article, Illustration1110 1996-03-30 26 Robert Powell - Is more of Singapore's heritap being lost by the Urban Redevelopment Authority's plans? By Robert Powell Dr Robert Powell is an Associate Professor at the School of Architecture, National University of Singapore. 1N October 1991 the revised Concept Plan provided a vision for Singapore's physical1,110 words
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Article, Illustration1297 1996-03-30 27 Gambhir Bhatta - Oambhir Bhatta says that the initial steps to solve the UN's budget woes must come from in-house Gambhir Bhatta DrGambhirßhattaisaFellowat the Department of Political Science, National University of Singapore. THE financial woes of the United Nations have dominated headlines in recent months. In1,297 words
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Article, Illustration977 1996-03-30 27 Sheng Lijun - China is likely to wait and fee if Lee Teng-hui will use his victory to move Taiwan away from or closer to the mainland Byl Sheng Lijun Dr Sheng Lijun is a Fellow at the Institute of Southeast Asian Studies. TAIWAN'S presidential election was977 words
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760 1996-03-30 27 Arvind Kala - Danger to Indian security is turning into aetf-fnlfilliiig prophesy By. Arvind Kala Arvind Kola is with the Nek Delhi-based organisation AsianScal AN unthinking siege mentality infects Indian society. India recently testfired a missile that it is developing for one reason only: to give India760 words
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Article, Illustration1051 1996-03-30 28 Jamie Mackie - AFTHMCATH OF AUSTRALIA'S ELECTION jamto M« okia argues that contrary to recent suggestions, there has been no surge in anti-Asian sentiment in Australia Jamie Mackie Prof Jamie Mackie is Emeritus Professor in the Research School of Pacific and Asian Studies at the Australian National1,051 words
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Article, Illustration940 1996-03-30 28 Milton Osborne - Any change in foreign policy by the new Australian government is likely to be in form rather than substance By\ Milton Osborne Dr Milton Osborne, a former senior Australian intelligence analyst, is 6 j' consultant on Asian issues based in Sydney. j WHILE940 words
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Article, Illustration1109 1996-03-30 28 Billson Kurus - If Ahib 4ns art take a mm proactive approach to iitflniatioßal affairs, it faces a difficult fntnre By] Billson Kurus Dr Bilson Kurus is a Visiting Research Associate with the Institute for Development Studies, Sabah, Malaysia. IF there is to be a conciseREUTER - 1,109 words
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Page 25 Advertisements
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Advertisement1073 1996-03-30 25 SINGAPORE PETROLEUM COMPANY LIMITED I 1 (Incorporated in the Republic of Singapore) I SPC J AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 1995 The Directors wish to announce the following audited results of the Group and the Company for the year ended 31 December 1995: 1) Ml and Im1,073 words
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Page 26 Advertisements
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Advertisement237 1996-03-30 26 Trends A aomhlv puMkaUoa of InMtoite ot Sonlhgm Artm Snnfe» The Pabttofttkro Editors-in-chief S. Rajaratnam Chan HengChee Editor Derek da Cunha Associate Editor P. Lim Pui Huen Assistant Editor Ronald Kow Bnainesa Manager LiakTengKiat International Advisory Committee Jose V. Abueva (Philippines) Stephen FitzGerald (Australia) Han Sung-Joo (Korea) Tommy T. B.237 words
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Page 27 Advertisements
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Advertisement239 1996-03-30 27 I ISEAS 5 I launches I Working 1 I Papers j I series hw* I I I I V HE Institute of Southeast Asian Studiss has Just J launched a series of Working Papers. The ottfect of ,1, the new series is to disseminate as rapidly aa possible i Hi239 words
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EXECUTIVE LIFESTYLE
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Article, Illustration1374 1996-03-30 29 TEH HOOI LING - A transfer to this Chinese city may seem initially like a hardship posting, but once the idiosyncrasies of Shanghai are accepted it becomes, in fact, one of the more liveable cities in China. Some Singaporean expatriates share their experiences, humorous or otherwise, with tbh book umo1,374 words
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STRAWS In The Wind
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Article148 1996-03-30 29 A GROUP of well-wishers turned up at the hospital bed of a friend one evening to help him pray for a speedy recovery. After they finished, they turned to his room-mate, who was asleep, and decided they would do a quick prayer for him as well. But they148 words
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Article51 1996-03-30 29 HERE are some real news headlines that wish they hadn't been written: Juvenile court to try shooting defendant Cold wave linked to temperatures Kids make nutritious snacks Include your children when baking cookies Some pieces of Rock Hudson sold at auction Hospitals are sued by 7 foot51 words
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Article25 1996-03-30 29 SEEN on the menu of a restaurant: "Fried Eggs With Him". Maybe they ran out of ham and were using the chef instead?25 words
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VIEWPOINT
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Article, Illustration1607 1996-03-30 30 MARGARET THOMAS - The first non-Western head of the United Nations Development Fund for Women is a Singaporean who is passionately committed to making a difference in the world. She talks to ahmit her work and explains why she firmly believes that the UN is not a whiteCHRIS LOH - 1,607 words
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608 1996-03-30 30 UNTIL Noeleen Heyzer became its director, few Singaporeans had heard of Unifem. With her appointment and the local media coverage she has since had, perhaps a few more people are now familiar with the agency. If Dr Heyzer achieves her aims, Unifem one608 words
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985 1996-03-30 30 NOELEEN Heyzer's first job after graduating from the University of Singapore in the early 1970s was in a bank. Might she now be a top banker had she stayed in the financial sector? The thought horrifies her. "Oh, no! God forbid! I was there985 words
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PEOPLE
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Article, Illustration1565 1996-03-30 31 GOH HWEE LENG - Richard K F Ho draws a clear distinction between architects who want to be businessmen, and those who want to be master-builders. He explains the difference to eras hwhb lemo GOH HWEE LENG P OR architect Richard K F Ho, "an architect who aspires to beCHRIS LOH - 1,565 words
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Article, Illustration833 1996-03-30 31 Teh Hooi Ling - SINGAPOREAN ENTREPRENEURS IN SHANGHAI It's no easy task charing the renminbi in China's fastest growing city w Teh Hooi Ling A GROWING number of local entrepreneurs, burdened by the high costs in Singapore, are transplanting themselves to China in search of opportunities. Many are making Shanghai, the833 words
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Article, Illustration695 1996-03-30 32 A Surendren - NIGHTSPOT Dance your way down memory lane with hits from the '50s and '60s at York Hotel's Carriage Bar By, A Surendren ALL YOU old timers out there have a great place to hang out in the Carriage Bar. Tucked discreetly away in the basement695 words
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Article, Illustration608 1996-03-30 32 Holly Harrison - CINEMA In the apocalyptic world of 12 Monkeys, a bewildered Brace Willis surfaces as its unlikely saviour By. Holly Harrison Philadelphia 2035 Once the pride of colonial America, now a long-neglected wasteland where wild animals roam the streets and people live a caged608 words
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Article498 1996-03-30 33 Kevin Sullivan - TELEVISION They may not be top scorers in terms of entertainment value, but Wheel Of Fortune and The Pyramid Game have their share of winning moments By Kevin Sullivan I TOOK a while to get the hang of Wheel Of Fortune (Weekdays, 6pm, Ch 5).498 words
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Article, Illustration410 1996-03-30 33 Holly Harrison - Compiled by Holly Harrison HTHTBTTIOIfB The Art Of Gandhara Crossroads Of The East And West East meets West at the latest Spink Singapore exhibition of over 20 pieces of Gandhara art from the second to fifth centuries AD. Inspired by Buddhism, Gandhara fuses religious and aesthetic influences from410 words
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EPICURE
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Article, Illustration474 1996-03-30 34 Jaime Ee - RESTAURANTS Chef Jack Awyong has refined the a la carte menu at Nutmegs, while a Peranakan promotion is on at Le Meridien's coffeehouse By, Jaime Ee AS FAR as good value and variety are concerned, few will disagree that Nutmegs restaurant in the Hyatt474 words
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Article, Illustration825 1996-03-30 34 CORINNE KERK - Game for a bite of kangaroo, wallaby or possum? Then you won't want to miss the Red Ochre Grill's award-winning outback cuisine when you're in Adelaide, writes oobmiib ebbk CORINNE KERK DOES the idea of eating bouncy kangaroos for lunch revolt you? How about cutePHOTO COURTESY OF SOUTH AUSTRALIAN TOURISM COMMISSION - 825 words
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Article897 1996-03-30 34 N K Yong - WINE CONNOISSEUR That's Olivier Humbrecht, one of the greatest wine-makers in the district By\ N K Yong THE FIRST time I visited Domaine Zind-Humbrecht (1990), we found ourselves hunting for the house amidst the side streets of Wintzenheim. It was not easy because with typical modesty897 words
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Article, Illustration1008 1996-03-30 35 ApoUo 13. Director Ron Howard's gripping space drama. Yishun: 6.45pm. Tampines: 11.30pm. Bab*. A lonely piglet is adopted by sheepdogs and learns the family business. Bugis: lpm. Yishun: 3.15pm. Bishan: 10.45; 12.45. Tampines: 11.20: 5.20: 7.20, 1120. Br»Tßhe*rt Mel Gibson's Scottish epic snagged the biggies: Best Film and Director.1,008 words
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TRAVEL
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Article, Illustration1143 1996-03-30 36 CORINNE KERK - Adelaide, with its orderly layout and grid pattern, is an ideal city for exploring on foot cordiiibkbrk discovers how easy it is to find her way around CORINNE KERK IKEEP hearing this in Adelaide: "Our city is very well-organised, our streets are very straightPHOTOS COURTESY OF SOUTH AUSTRALIAN TOURISM COMMISSION - 1,143 words
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Article, Illustration713 1996-03-30 36 ADELAIDE is surrounded by beauty and nature. This can be interpreted to mean endless days of happy wanderings or an hour of guide-and-brochure-picking at the South Australian Tourism Commission. There are different ways of touring Adelaide's environs. One thoroughly cool way is on a Harley713 words
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Page 29 Advertisements
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Advertisement8 1996-03-30 29 Hie Raffles Conversation Noeleen Heyzer EL 2 Br8 words
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Advertisement68 1996-03-30 29 f Seasons adds true American flavor. As those who can spell will notice. Gone are the days of fine dining. Seasons adds a splash of true colo\4r and to the scene, with a programrjCi^ of changes so authentic they spell the American way. SEASONS at the #> Four Seasons Hotel68 words
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Page 32 Advertisements
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Advertisement553 1996-03-30 32 II WHERE TO WINE, DINE AND ENTERTAIN wonurs uwoest nun beer 0*.,. &?A&jJ3*3*wet*( WeVe Stretched Our Serving Hours for "lunch* is the best for lunch and high tea rolled into one. Which means longer serving hours and even more scrumptious spreads. t ,a£ M «yd I faturdsy, Sunday Public Holiday553 words
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Advertisement164 1996-03-30 32 Lunch with a difference at The Mezzanine Our Sophisticated Sandwiches, with names inspired by faraway places, arc a trip in themselves So are our quiches, salads and sinful desserts In the inviting ambience of The Mezzanine, youll indeed have a most pleasurable lunch For reservations please call 831 6286/8/9 Lunch164 words
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Page 33 Advertisements
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Advertisement721 1996-03-30 33 Where to wine, dine and entertain Unwind with golden huhhles at the Hubertus Grill this Sunday with a free glass of Gold Sekt Champagne, containing real 24 carat gold flakes. The perfect compliment to a Sunday Brunch, that even King Midas J ind hard to resist. A ANA Horn SINGAPORE721 words
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Advertisement18 1996-03-30 33 SUNDAY BRUNCH AT TK PHOENIX. Adult: $23.00* Child under 12: $14.50* Time: 12noon to 2.30pm PHOENIX COFFEE HOUSE18 words
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Page 34 Advertisements
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Page 35 Miscellaneous
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Miscellaneous2119 1996-03-30 35 TODAY'S TV *—*—I 130 Motivasi/Senaman. RECOMMENDED VIEWING 10.02 Biker Mice from Mars. MO AM TV Innovations: Rev- UM Berita Mutakhir. Flinprfll between the brothers oiutionary Home shop UJO2 (played by real-life siblings Ge (Taiwanese Kanak. party Beau and Jeff Bridges). <w dl d l nak 1106 PM The Botanical Gar2,119 words
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