The Business Times, 11 May 1996

Microfilm: NL20599
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 046/12/95 Internet: http://Mrww.asial.com.sg/biztimes SINGAPORE WEEKEND EDITION, MAY 11-12,1996 85c
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  • Article
    MARKET SUMMARY
    57 1 n«ni ■m 237QU4 (4.36) ft STOMP U an0if3(+14.92) nir-HBA mm nu (-9.72) flfTOCX MAHET INDICES Friday Chaigr KLSSOOMP 1,119.06 -2.18 MKKH 21,429.12 +8JS4 IWIOSENG lt,M7.7» +24.71 aeriHBBX utts* am JAKARTA OOMP. 611*8 -099 HAltllACOMP —1,111.4J -17.65 TAinaWPl 6Jtt.21 +79.19 snoLooKP- ms6_ +10 CLSA CHINA B .741.16 -111 AUST
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  • Article
    FINANCE
    63 1 U8S SI on im s us -lie m MM -JJSS VIM Mk 1J40 m im mm ma las 4.182 BAHT M# M66 MJPIAH III Mtt_-l.HI rod lira SINGAPORE* 6.44 KUALA UJMPUR 8.15 JAKARTA 18.00 BANGKOK &75 MANILA 14.90 HONGKONG ,.8.75 TAIPEI. 8.00 SYDNET 10.75 TOKYO iJO 8B0UL 1100 ZURICH**
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  • Article, Illustration
    Lock icon World Bank seeks project tie-ups with S'pore
    399 1  -  Initiative well received by private sector, government By' Vikram Khanna [SINGAPORE] The World Bank and Singapore will explore the feasibility of working together on projects and programmes throughout Asia, the Bank's president James Wolfensohn said yesterday. He added that the idea of such
    ARTHUR LEE  -  399 words
  • Article
    Property speculation: Govt looking into resale transactions
    271 1  -  By: Michelle Low [SINGAPORE] The government is now looking at resale property transactions to see if they show speculative activity, National Development Minister Lim Hng Kiang said last night. Mr Lim was speaking to reporters after a dialogue session with the People's Association
    271 words
  • Article
    S'pore stocks drift lower as funds remain sidelined
    252 1  -  By Ven Sreenivasan [SINGAPORE] The Singapore market continued to drift lower yesterday as funds remained sidelined amid continuing anxiety over the direction of Wall Street stocks and US interest rates. Also weighing down the market were concerns that the latest US producer
    252 words
  • Article
    First quarter economic survey out on Monday
    99 1 [SINGAPORE] The Ministry of Trade Industry (MTI) will release results of the firstquarter Economic Survey on Monday at Bam. The results will also be available on the Internet at the same time on the MTI home page at http://www.gov. sg/MTI, and the Statistics
    99 words
  • Article, Illustration
    Lock icon GIC's US investments give a glimpse of its strategy
    567 1 Agency seems to take a different tack with its US investments Bloomberg Business News [WASHINGTON] A series of US stock purchases by the Government of Singapore Investment Corp (GIC) in late 1993 has lifted the shroud that surrounds one of Asia's
    Bloomberg Business News  -  567 words
  • Article
    Lock icon Some hits and some misses for GIC
    197 1 Bloomberg Business News [WASHINGTON] One of GlC's most successful investments was a 7.92 per cent stake in Margaretten Financial Corp, a New Jersey-based mortgage banking company. After GIC bought some 1.16 million shares at an average price of U5516.28, Chemical Banking Corp agreed
    Bloomberg Business News  -  197 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      114 1 IHSIDE3 CttUMgß Carol Bartz, the computer world's top CEO, talks about her corporate philosophy, EL2 Hi acMa tm KBO, pg 7. Retail investors don't seem to be nibbling at Index Mocks and funds are sitting on their hands. ♦Lttiflfcy*raa»M* WW fi ml Premium unlikely to moderate until IPOs valued under
      114 words
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      Page 1 Advertisements Column 2
      8 1 g«i- seeks clarification on exclusionfrom MSCI, Pg 7
      8 words
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      Page 1 Advertisements Column 3
      172 1 Tung Lok Group *.V *jtr When it comes to fine Chinese with on innovative touch, look no further because Tung Lok Group is the answer....our and versatile masterchefs culinary skills are put to the test when you sample our wide selection of delectable delicacies which are guaranteed to mesmerize you
      172 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Over 75% of companies made money in 1995
      458 2  -  Laboor Ministry survey also shows those that did weD gave higher wage rises, as before Heportsby, Anna Teo ALMOST 79 per cent of companies were profitable last year, with 44 per cent making at least as much profit as they did in
      458 words
    • Article, Illustration
      Lock icon Wages must show job value: NWC
      389 2 THE National Wages Council (NWC) has urged employers to look into pay systems where wages better reflect the value of the job, like the base-up scheme proposed by the National Trades Union Congress (NTUC). Companies and unions should continue to narrow the maximum/minimum salary
      ARTHUR LEE  -  389 words
    • Article
      Beng & Ooi set to be regional player
      428 2  - Beng Ooi set to be regional player Healthcare gmp in deals to build and ran hospitals, and open laboratories in Asia By< Jenny Lam HOMEGROWN primaryhealthcare group Beng Ooi Holdings is poised to become a significant player in the region with the signing of four agreements with various major companies
      428 words
    • Article
      CPF interest rate reduced to 3.48%
      133 2 THE interest rate on savings with the Central Provident Fund will be reduced to 3.48 per cent from July 1, down from 3.52 per cent, the CPF Board said yesterday. The new rate will apply till Dec 31, said a statement from the CPF
      133 words
    • Article
      DuPont Dow unit picks Singapore
      352 3  -  By I Genevieve Cua US-BASED DuPont Dow Elastomers yesterday announced that it has chosen Singapore as its Asian headquarters and plans to boost its manufacturing presence in the region with a chain of elastomer processing facilities. The company, a 50-50 joint venture between US giants
      352 words
    • NEWS Roundup
      • Article
        S'pore-Aussia mission for Hebel
        44 3 Singaporeand Australian businessmen will visit Hebel on May 16-23. Initiated by the Singapore Chinese Chamber of Commerce ft industry (SCCCI) and led by SCCCI president Ifwefc TdfittToo itie mitoinn stmi tn rrrrmnts fimnrrmtr tnflK trade cooperation between Singapore and Hebei.
        44 words
      • Article
        Canon Singapore posts sales jump
        40 3 r THlCannn Singapore Group reporteda4s.7 percent l lwwthtnwiiftomUB<64B^mimon(S|767million)to pfHllglftfiilttkTyiingHlended last Dec gLThh iiwlras r C«nottBliigapore, which oversees Asia, the biggest W contributo-to parent company Canon liK,*x»onting for 3 psroent of group revenoe. -< 1 5 mmmmm
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    • Article, Illustration
      Govt gets little credit for keeping inflation low: PM
      343 3  -  ■irwiiniTßSiir He also warns against n>tarS>nsu gains will be ofiset bjrkng-tcra casts By Paul Leo SINGAPOREANS are rightly concerned about the cost of living but give little credit to the government fin* successfully maintaining one of the world's lowest average inflation
      343 words
    • Article
      Tough policy to prevent another Barings
      323 3  -  By\ Siow Li Sen THE Monetary Authority of Singapore (MAS) is tough because it has to prevent another Barings-type crisis from occur ing, MAS deputy managing director Koh Beng Seng said yesterday. And such a crisis is likely as derivatives markets continue to grow,
      323 words
    • Article
      Limited edition of $25 note has high-security features
      199 3 TO commemorate the 25th anniversary of the Monetary Authority of Singapore, the Board of Commissioners of Currency Singapore (BCCS) has issued a limited edition $25 note which bears state-of-the-art security features. The note was formally launched by Prime Minister Goh Chok Tong
      199 words
    • Article
      Thai central banker sees gradual change in forex rate regime
      247 3 ANY changes in Thailand's exchange rate regime will be gradual, Bank of Thailand (BOT) deputy governor Chaiyawat Wibulswasdi said yesterday in Singapore. He was answering a question from a delegate at the 25th anniversary symposium of the Monetary Authority of
      247 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      1731 2 This is a project that provides you with a stepping stone to develop your According to Inland Revenue Authority of Singapore, income from abroad cereer and areas of your specialisation and interests through participating is taxable and the tax rate is based on the individual taxpayer's annual in China's growth.
      1,731 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      321 2 TMH WEATHUR Stappm Showers with gusty winds over many areas in the morning. Temperature (30-25) iSSSHH Skrmn BL !?M*9 On* IZII- cE* taghofc J4/24 Shown Akm *17 Km Rum An* IMB Shown Mag 28/14 Stvwm Bsfc W9l Ckmty (tap Cta* Bomkm JT27 Trim Bm 18*8 do«K II M Xl/tt Bmm)
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      203 3 ho n < «'»t oj ->r»' oi-' "The first full-fledged spa in Singapore... A GENUINE SPA LOCATED CONVENIENTLY ON SENTOSA IN PLUSH RESORT HOTEL SURROUNDINGS." Good news for all those who enjoy spa treatments but don 7 want to travel too far from home for them. Samuel Ee has the
      203 words
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  • FOCUS: PERSONAL FINANCE & INVESTMEMT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        640 4 Those polled for their views on the Singapore stock market's outlook in the week ahead are: Alliance, Daiwa, GK Goh, Nomura, OCBC, Ong Co, Merrill, Vickers Ballas. Qwthra Tedmolaflr ♦It turned in third-quarter net losses of US$33.l million (5546.3 million), way below our forecast of only US$l5.2
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      • Article, Illustration
        In My Opinion
        440 4  -  John Eagle W\J OTHING! Absolutely lynothing! i Quite shamefully, I admit that this perhaps best summarises my conclusions after yet further exhaustive study of what makes Malaysia's economy tick. It is not that Malaysia's economy is incomprehensible. It is only that there is no evidence a change
        440 words
    • Article, Illustration
      Buying a home Down Under
      1126 4  -  Careful selection is needed amid the large supply of Australian properties By\ Shahiron Sahari [SINGAPORE] Australian residential property, probably the most popular overseas market with Singaporean investors, is expected to hit a somewhat stagnant patch this year, say analysts. While sales are reported to be
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    • Article, Illustration
      Better domestic liquidity in second half will rescue KLSE
      669 4  -  BYBOMTHBRBCHOM: MALAYSIA Byl Kostas Panagicton The writer is a senior economist at HLG Securities, Malaysia ONE of the most intriguing features of the spectacular 32 per cent rise of the Kuala Lumpur Stock Exchange over the last five months is that
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    • Article
      Lock icon Time to switch from stocks to bonds, says strategist
      490 4 Bloomberg Business News [RICHMOND, Virginia] A small-stock bull thinks there's a killing to be made in bonds right now. Wheat First Butcher Singer investment strategist Don Hays recently lowered the amount of money reserved for stock buying in his model portfolio
      Bloomberg Business News  -  490 words
    • Article
      Unit trust perfomance ranking
      625 4 Next piibticatioi date: Jose 8,1996 ht Ugk >■»!■ tgfe lyr Iff ty r» fawfc >tl IF ln» t»» «h»4>8- MM—«M4»— v'.» lillH Bfciljlgf mmm M MM if M Moc«an CWdJ As« Pmn Tst 14/11/94 ft* 5 -494 10 liJ 2U1 I CLlflmrrn Growth 2V07«9 3.15 2
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  • REGION
    • Article, Illustration
      Lock icon China drafts tit-for-tat sanctions list of US items
      528 5 BEIJING Beying warns that US imports on its list will be of greater value Reuter AFP BEUING said yesterday it had drafted a list of US imports that could be hit with "tooth for a tooth" sanctions as a cross-Pacific trade war
      Reuter; AFP  -  528 words
    • Article
      Lock icon US may renew China's MFN status: Patten
      271 5 m WASHINGTON Bloomberg Business News HONGKONG Governor Chris Patten ended a busy round of talks in Washington on Thursday, concluding that Congress will probably renew China's most-favoured-nation (MFN) status, although not without a fight. Mr Patten said he sensed frustration on the part
      Bloomberg Business News  -  271 words
    • NOTE Book
      • Article
        Lock icon Riot at KH camp for boat people
        90 5 AFP [HONGKONG} Police launched a fUU-scale manhunt for around 200 Vietnamese boat people who staged a mass breakout from a Hongkong detention centre yesterday which left scores injured and the camp ablaze. With police roadbtocks thrown up around the Whitehead detention ~j centre
        AFP  -  90 words
      • Article
        Lock icon Aussie ban on automatic weapons
        86 5 AFP [SYDNBYj Australia will outlaw automatic and semiautomatic weapons, in an immediate crackdown on guns in the aftermath of the Tasmanlan massacre, Prime Minister John Howard announced yesterday. State and flMtaral police ministers meeting in Canberra also agreed to a nationwide licensing and registration system,
        AFP  -  86 words
      • Article
        Lock icon Moratorium on new ARP members
        79 5 AFP {JOGJAKARTA Indonesia] An Asean Regional Forum (ARF) meeting here yesterday agreed on a moratorium on new membership of the body, set up to discuss Asian security issues, a delegate said. The move blocks requests to join from Britain and France alongside the European Union
        AFP  -  79 words
      • Article
        Lock icon No plans to send troops abroad: Japan
        68 5 AFP [TOKYO] Prime Minister Ryutaro Hashimoto said yesterday that Japan had no plana to dispatch troope ovei seas to help solve international disputes, in the light of misgivings from other Asian countries. Mr Hashimoto said Japan should not have a collective security sy
        AFP  -  68 words
    • Article
      Lock icon Temporary freeze on approvals for high-rise buildings
      291 5 KUALA LUMPUR Traffic jam now at level we cannot ignore Mahathir AFP MALAYSIA yesterday announced a temporary freeze on approvals for new high-rise buildings and a plan to penalise low-occupancy vehicles as it grapples with the city's chronic traffic jams. Prime Minister Mahathir
      AFP  -  291 words
    • Article
      HK economy on track for 5% growth this year, says Tsang
      445 5  -  HONGKONG Net inflow of capital has been positive even in worst of times By Quak Hiang Whai THE HONGKONG economy is on track for a projected 5 per cent growth this year and the net inflow of capital to
      445 words
    • Article
      Lock icon Tax-free import ceiling doubled
      127 5 BANGKOK AFP THAI tourists, whose overseas shopping sprees have been hampered by new laws limiting the goods they can bring home, were granted a mild respite yesterday by Thailand's decision to double the import ceiling. The value of goods brought into the country tax-free by Thai
      AFP  -  127 words
    • Article
      Lock icon Govt spreading dragnet for Tansil across Asia, US
      148 5 JAKARTA AFP THE government is concentrating its search for fugitive convicted businessman Eddy Tansil in several Asian countries and the US. Justice Minister Utoyo Usman, quoted by Republika daily, said there was a "SO per cent chance that Tansil is already abroad",
      AFP  -  148 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1221 5 CITY ftKHT CTA FLKffl ETP T6407 2105 ***** 1040 MMI S0230 1830 Tilt*I S0977 MSB SOW! <00 IWi 1 1 No CM MM VW741 i3tt V1I740 1410 Mm 1 8JM7 0130 OT2 1730 S0174 MS >■11,1 *m KLM3 0455 am 2300 S0I73 WOO Q73 2340 S0/D125
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  • Page 5 Miscellaneous
    • Miscellaneous
      Page 5 Miscellaneous Column 1
      34 5 DOOMESBURYi??/ Gary Trudeau m TBUT HO*/ HMTHA IMS COOL A BLOCK ON ?Sn,SSr GAm/V? T/ONEPOWSR. f mat HALL FOR. lAt j A/Yum r I■* D&ABLBP TO d£ A I THOUGHT I I PARENT? rru^MST
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  • REGION/WORLD
    • Article
      Lock icon Producer Price Index up 0.4% in April
      216 6 WASHINGTON Reuter PRICES at the wholesale level roee moderately in April, the Labour Department said yesterday, additional evidence that inflation may be beginning to stir after several years of quiet v The department said the Producer Price Index rose 0.4 per cent in
      Reuter  -  216 words
    • Article, Illustration
      Lock icon Spare a tiny tot for history
      64 6 [SEOUL] A South Korean kindergarten teacher guiding her young wards past an Ml tank during an outing to the War Memorial Museum in Seoul yesterday. Though over 40years have passed sincefighting in the bitter Korean war ended, each new generation ofKorean children learn about
      REUTER  -  64 words
    • Article
      Lock icon Rao resigns as race to form govt hots up
      577 6 NEW DELHI Coopess prefers to sit in opposition but offers to back the centre-left coalition tokeepßJPont AFP Reuter INDIAN Prime Minister P V Narasimha Rao yesterday resigned following his Congress party's electoral rout as Hindu nationalists and a centre-left alliance both
      AFP; Reuter  -  577 words
    • Article
      Lock icon Budget finally passed, but jusen dispute simmers
      207 6 TOKYO AFP Bloomberg Business News [TOKYO] Japan's ruling coalition forced a long-pending national budget into law yesterday by setting aside a boiling debate over the use of public money to liquidate failed housing loan companies. But political uncertainty is certain to persist as
      AFP; Bloomberg Business News  -  207 words
    • Article
      Lock icon Don't toy to stop the rotation of the earth, says WTO chief
      303 6 ■GENEVA No way one can halt globalisation of world economy: Rnggiero Reuter WORLD Trade Organisation chief Renato Ruggiero, in a head-on assault on rising economic nationalism and protectionism in the West, yesterday said globalisation of the world economy
      Reuter  -  303 words
    • Article
      Clinton weak, indecisive towards Asia, says Dole
      633 6  -  WASHINGTON Republican outlines his own programme which includes tougher China stand By\ Leon Hadar REPUBLICAN presidential hopeful Robert Dole on Thursday sketched out his Asia strategy and denounced President Bill Clinton's "failures of leadership" in the region. Charging that the Clinton administration "has
      633 words
    • Article, Illustration
      Lock icon Economic realities behind the S African rand's fall
      630 6  -  Mandela's ANC noods to bo lnvostor-fHondly By Louis Beckerling THE South African currency was sold down to a new record low of 22 US cents last week—some 20 per cent below its mid-February level when it was changing hands at 27.50 US
      Source: Bloomberg  -  630 words
    • Article
      Lock icon Foreign buying of US firms soars to US$26b
      176 6 NEW YORK Bloomberg Business News FOREIGN purchases of US companies rose to U5526.6 billion (5537.2 billion) in the first quarter of 1996, almost double the year earlier period, according to consulting and accounting firm KPMG Peat Marwick. At the same time, US
      Bloomberg Business News  -  176 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      120 6 jppps?flre £'-^H Mil« ISgfgg Uninterrupted panoramic ■■■■■.I EXHIBITIONVENUEfg v(ewgoftheocoanand I Al^ziaßoom? city skyline. g 9 Science Centre Road a only 5 minutes to Shopping Centree, i Singapore *****8 g schools, Universities and Golf Coursee. DATE: •15 minutes to downtown Surfsrs Paradise. J 11th 12th May 1996 9 only 12 lots
      120 words
    • Advertisement
      Page 6 Advertisements Column 2
      73 6 PROVINCE Of NOVA SCOTIA U.S. $500,000,000 Floating Rate Notes Due 1999 In accordance with the terms and conditions of the Notes, the interest rate for the period 9th May, 1996 to 9th August, 1996 has been fixed at 5.6875% per ennum. The interest payable on 9th August 1996 will be
      73 words
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  • COMPANIES & MARKETS
    • Article
      SSL seeks clarification on its exclusion from MSCI
      585 7  -  Sources say inclusion criteria not linked to performance, management or bhieckip quality By( Genevieve Cua [SINGAPORE] Property-based Straits Steamship Land is seeking clarification from Morgan Stanley Company on its exclusion from the benchmark Morgan Stanley Capital International Index. Morgan Stanley on Thursday
      585 words
    • Article, Illustration
      Keppel Finance gets new chairman
      179 7 [SINGAPORE] Keppel Finance Ltd has appointed Teo Soon Hoe its chairman with immediate effect. Mr Teo, who was deputy chairman of the listed company until his appointment yesterday, takes over from Sim Kee Boon, who had been chairman of Keppel Finance since 1968. Mr Sim,
      179 words
    • Article
      Housing loan war unlikely to hurt HK banks' bottomline
      787 7  -  HOCK LOCK SIEW Quak Hiang Whai THERE is a saying in the stock market: When the small guys are in, the end is nearing. This week, SPC Credit, a smallish finance company controlled by insurance giant American International Group, became the
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    • Article
      Transasia bullish on Lankan project
      421 7  -  Tnuumara mut expects 25-50% investment returns By Teh Hooi Ling [SINGAPORE] Transasia Telecom, the wholly-owned telecommunication subsidiary of listed Transmarco, expects its wireless local loop telephone network in Sri Lanka to rake in revenues of US$4B million (5567.2 million) in 1997. The figure is forecast
      421 words
    • Article
      Lock icon L&M Corp shares see hefty 200% premium
      247 7 MBT [KUALA LUMPUR] As expected, the Kuala Lumpur Stock Exchange second board's new entrant, L&M Corporation (M) Bhd, fetched a hefty premium of over 200 per cent yesterday. Closing at M 512.80, the L&M shares registered a premium of M 19.20 over its
      MBT  -  247 words
    • Article, Illustration
      Batam resort developers facing lawsuit
      419 7  -  14 apartment owners suing for more than Sim; action revealed at Guthrie's EGM By Abdul Hadhi [SINGAPORE] Fourteen apartment owners at Batam's Indah Puri Resort are suing the developers which include locally listed Guthrie GTS for more than $1 million. The lawsuit was revealed at
      419 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article
        Lippo property unit to raise US$76m via IPO
        507 8  -  But some analysts not optimistic about issue despite firm's forecast of surge in sales and profit From S N Vasuki in Jakarta FT LIPPO Karawaci, a member of the Lippo group, plans to raise US$76 million (*****.4 million) through a public offering
        507 words
      • Article
        Lock icon AMMB Holdings to sell 30% of fund business to Macquarie
        251 8 Mm will help make KL regional fond management centre Bloomberg Business News [KUALA LUMPUR] AMMB Holdings Bhd, a Malaysiabased banking group, plans to sell 30 per cent of its ftind management business to Macquarie Bank Ltd, an Australian investment bank.
        Bloomberg Business News  -  251 words
      • Article, Illustration
        Freight Links seals purchase of stake in HK firm
        242 8  -  It owns 365% of Vincent In tertrans, will make offer for the rest at HK$O.47 By Yong Mei Fong [SINGAPORE] Freight Links Express Holdings (FLEH), the first home-spun forwarder to be listed on the Singapore bourse last year, has finalised the
        242 words
      • Article
        Informatics Holdings unit raises stake in two firms
        98 8 [SINGAPORE] Informatics Holdings yesterday said its whoUyowned subsidiary, Computer Assisted Learning (CAL) Sdn Bhd, had increased its shareholding in two companies, CAL (SJ) Sdn Bhd and LearnweU Higher Learning Centre Sdn Bhd. CAL bought 40,000 CAL (SJ) shares from ex-CAL (SJ) director
        98 words
      • COMPANY Briefs
        • Article
          SingTel has new subsidiary
          46 8 (SINGAPORE] Singapore Telecom is incorporating a wholly-owned subsidiary known as Singapore Aeradio Pte Ltd. It will provide management and consultancy services for aeronautical radio and telecommunication systems. The suthorised capital and paid-up capital of the company are |6 million and $2 respectively.
          46 words
        • Article
          Eletech gets nod for rights issue
          62 8 [SINGAPORE] Listed Eltech Electronics has received in-principle approval for its proposed rights issue of IJB million shares and 34.6 million warrants. The rights issue, to be offered on the basis of 15 rights shares with thrse flee warrants for every 10 shares held at
          62 words
        • Article
          STIC disclaimer
          44 8 (SINGAPORE] Singapore Technologies Industrial Corporation (STIC) said it is not aware of any frets, circumstance or information which could haveheda significant effect on its price or turnover, and which would have caused a substantial increase in the trading votums of its shares.
          44 words
        • Article
          Liang Court to hold EGM on rights issue
          44 8 [SINGAPORE] Liang Court will bold an extraordinary general meeting on May 27 to approve its two-fbr-flve rights issue of a minimum 13MMMW0 new ordinary shares of 50 cents each. They will be priced at 9L06 each.
          44 words
      • Article
        Lock icon Ayala plans 20b peso capital spending with half for property unit
        207 8 Reuter [MANILA] Ayala Corp, one of the top conglomerates, unveiled yesterday its plans for the biggest capital expenditure programme in its history for this year, with investments totalling 20 billion pesos (Ssl.l billion). Managing director Rufino Luis Manotok said
        Reuter  -  207 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Hutchison not in market for stake in HK Telecom
        299 9 Meanwhile, group plan* mobile phone service in Indonesia with Lippoe report Reuter [HONGKONG] Hutchison Whampoa Ltd has no immediate plans to take a major stake in Hongkong Telecommunications Ltd, a local newspaper yesterday quoted managing director Canning Fok as saying. According
        Reuter  -  299 words
      • Article
        Lock icon Apple offers to repair flaws
        218 9 Reuter [SAN FRANCISCO] Apple Computer Inc said on Thursday that it found different flaws in several of its top-sell-ing desk and laptop models and was offering to repair what could be tens of thousands of computers. News of the flaws, which Apple officials said numbered
        Reuter  -  218 words
      • Article, Illustration
        Lock icon What a whopper
        54 9 [LOS ANGELES] McDonald's Corporation transformed the Pacific Cinerama Theatre dome into the world's largest Arch Deluxe sandwich at the product launch of the company's new bacon cheeseburger sandwich on Thursday. The giant burger is 21.5 m tall and 43m in diameter and was created with 2,300 sq
        REUTER  -  54 words
      • Article
        Lock icon Two leading Aussie firms warn of lower profits
        308 9 Mm comes unii figures showing economic slowdown AFP Bloomberg Business News [SYDNEY] Two of Australia's top SO companies, Pacific Dunlop Ltd and Southcorp Holdings Ltd, yesterday warned investors of deteriorating profits in the midst of a slowdown in the Australian economy. Diversified
        AFP; Bloomberg Business News  -  308 words
      • Article
        Lock icon Ex-Intuit exec's wife among those fined for insider trading
        311 9 Bloomberg Business News [SAN FRANCISCO] Former Intuit Inc chief financial officer William Lane's wife and five others agreed to pay more than U*****,000 (*****,800) in fines for insider trading connected to the company's faUed 1994 acquisition by Microsoft Corp. Kathleen Lane,
        Bloomberg Business News  -  311 words
      • Article
        Lock icon New World to spin off China wing
        121 9 Reuter [HONGKONG] New World Development (NWD) is studying the possibility of spinning off its entire China properties portfolio that includes residential, commercial and core redevelopment projects, the Eastern Express newspaper reported yesterday. It quoted a source who said the asset valuation of the
        Reuter  -  121 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        634 9 *mH Viy M Ml IfiM hpvlvi MOMI MbStrw OS* AO MM 1LOS/200 MM MM N2K J07 ""VTIffl BAbr*! 2/W JO) MM 10.09/1*30 bsmmm 21m joi mm a 05/0200 S4M V* JOI MM B.0SAJ700 BMrB am JOt MM 10.0S/0S30 WH wm JOI MM I00VKJ0 MaMi 244 JK Ma|M *>.05/2000
        634 words
      • Article
        CONTAINER SCHEDULES
        1558 9 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO SMp EtWtr Nrtrt gjjjj taim** tm anno a apt vmm worn l Tvonxi n/1159 n/uoo 4 n/eoo n/ns* n/im laJUt So* worn M KVHOO H/NS* MM a XJ/T700 n/0459 11/0*0 i woo n/iw ivmoo 4 Mao vmm n/iToo taSmm HM
        1,558 words
    • FINANCE & COMMODITIES
      • Article
        Sumitomo, Sanwa to downsize
        281 10  -  Move seen as prelude to nutyor Japanese Mwtmpiftg overseas operations From. Anthony Rowley m Tokyo TWO of Japan's leading commercial banks yesterday announced plans to downsize their international operations in what is seen as a prelude to a restructuring of overseas activities by major Japanese banks.
        281 words
      • Article, Illustration
        Lock icon Long-term strength of US$ intact
        389 10 US$/mark: The US dollar slipped to a low of 1.5140 on Wednesday before recovering to close at 1.5205 on Thursday. Further downside may be limited in the near-term as daily stochastics have turned up from oversold levels. Support may be found at 1.5130, the 61.8
        Source:  -  389 words
      • Article
        Sabic to expand S'pore storage capacity
        386 10  -  Mm dne U demand senfrwillillaid, Taiwan and S Karat Byl Ronnie Lim [SINGAPORE] Saudi Arabia's Saudi Basic Industries Corporation (Sabic) is planning to increase its petrochemicals storage capacity here to cater for growing regional demand. An official from its Singa-pore-based regional trading and marketing
        386 words
      • Article
        Lock icon P&G, Bankers Trust end 2-year derivatives battle
        144 10 Bloomberg Business News [CINCINNATI] Procter Gamble Co settled its lawsuit against Bankers Trust New York Corp over a US$2OO million (Ss2Bo million) loss from derivatives, ending a bitter, two-year legal battle. P&G said it will pay US$35 million of US$2OO million it owed
        Bloomberg Business News  -  144 words
      • Article
        ABN Amro, Rothschild in worldwide joint venture
        129 10 [SINGAPORE] Dutch firm ABN Amro and the Rothschild group announced yesterday they have merged their equity capital markets operations worldwide including Singapore Into ABN Amro Rothschild. The Joint venture will be operational in mid-June. It wiU combine both parties' origination, underwriting and distribution
        129 words
      • Article
        Indonesia is 2nd largest Far East gold jewellery fabricator
        393 10  -  Asian gold jewellery manufacturing is 47% of world total From\ Neil Behrmann in London INDONESIA has become the second largest gold jewellery fabricator in the Far East after China. The amount of gold used by the Indonesian jewellery industry last year
        393 words
      • Article
        Lock icon Euroyen up alter EPA report
        213 10 m—u« Report Reuter [SINGAPORE] Simex Euroyen futures ended firmer yesterday due to follow-through buying after Japan's favourable six-year government bond auction and Economic Planning Agency (EPA) report. "There was some buying in London and that spilled over into the Euroyen early today," said a dealer.
        Reuter  -  213 words
      • Article
        Lock icon CURRENCY REPORT
        167 10 AFP THE dollar was keeping to narrow ranges with activity muted ahead of the US April producer price data. Key dollar supports at 104.60 yen and 1.5135 marks were seen holding firm in a market already supported by Thursday's comments from Bundesbank deputy president Johann Gaddum. He said
        AFP  -  167 words
      • Article
        Lock icon Oil bounces on signs UN, Iraq talks flagging
        336 10 ENERGY REPORT Reuter [LONDON] Oil prices rebounded yesterday, encouraged by signs that talks between the United Nations and Iraq on a possible limited oil sale were on the verge of collapse, brokers said. June futures for benchmark Brent Blend crude bounced 20
        Reuter  -  336 words
      • Article, Illustration
        Untitled
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        888 words
    • Article
      COMMODITY PRICES
      1233 11 MUWHITUMi May 10 am mm *m iMk m im m mm **n* J»M 2117$ 100 J806 ***** 209JO 209.73 SO 2629 Am* ***** ***** ***** 50 3329 Uf% ***** ***** ***** 90 3129 OctftacW ***** ***** ***** 79 ***** **8r9t ***** 3679 *f/J»«7 ***** m3comucT(»«MiiM mm op« 1tmm
      1,233 words
    • Article
      WORLD STOCK MARKETS
      1841 11 jM lWl11 Nose *h A. A. Carp Mr 63 2 AB Ports 304 *6 APPoy Nettorvtt 556 AIM Lyons 490 unch Mac tU -1/2 Ar»yB 3461/2 *51/2 Aid* Group 1141/2 *13/4 •ATM 493 *3 MCC 340 O BOC Group 925 101/2 BRPetroMum 562 -6 •m 312 -i
      1,841 words
    • Article
      Lock icon TOKYO
      1480 11 Reuter QttkUZß *BJ4 STOCKS closed narrowly mixed in nervous trade. Institutional investors were sidelined amid uncertainty over the direction of the yen/dollar rate and interest rates, while position squaring was active ahead of the weekend. The 225-share Nikkei Average ended up 8.24 points at 21,420.12, and the broader Topix
      Reuter  -  1,480 words
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      Lock icon HONGKONG
      1586 12 Reuter HHn*S«g +M.73 HONGKONG stocks closed moderately higher yesterday in trade subdued by caution ahead of Sino-US trade talks and US inflation figures, players said. The blue-chip Hang Seng index gained 24.73 points to 10,597.73, off a day high of 10,639.36. Turnover was an anaemic HK12.94 billion against Thursday's
      Reuter  -  1,586 words
    • Article, Illustration
      Lock icon CHINA
      618 12 Reuter pShaagjiiiß Share hfa -&17 THE Shanghai B market ended down on selling triggered by a Sino-US dispute over the protection of intellectual property rights. The index fell 0.27 point to 50.03 on volume of 6.6 million shares worth US$2.9 million. Brokers said the dispute, which has led to
      Reuter; Source: Credit Lyonnsis Securities (Asia) Ltd  -  618 words
    • Article
      Lock icon TAIPEI
      367 12 AFP HwPMg ♦7m SHARES closed higher due to purchases by government-run funds and local banks. Government-affiliated businesses such as the Labour Pension Fund, the Postal Savings Bank and some banking consortiums were active buyers ahead of the inauguration of President Lee Teng Hui on May 20. The Weighted Price
      AFP  -  367 words
    • Article, Illustration
      Lock icon JAKARTA
      683 12 AFP Qn-ipAahiß 4H SHARE prices closed slightly lower in modest trading marked by a technical correction in several heavyweight stocks, dealers said. "The market was very quiet. Most of the large cap stocks corrected as most foreign investors were consolidating their portfolios," a dealer said. "Activities were focused on
      AFP  -  683 words
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      Lock icon BANGKOK
      786 12 AFP HgBTMt ♦IMS SHARE prices closed higher as investors were confident about the possibility of changes in the ruling coalition following a censure debate. "Investors expect a government shake-up after the noconfidence debate which should improve the Cabinet line-up," said a broker. The SET Index rose 15.05 points to
      AFP  -  786 words
    • Article
      Lock icon MANILA
      294 12 AFP HMwribt -17J6 SHARE prices closed lower as investors took profits from this week's three-day bull run. "The underlying sentiment remains bullish," said an analyst. "Taking profits after a gain of nearly 200 points is a healthy correction." The PSE Composite Index fell 17.65 points to 3,111-43. Turnover was
      AFP  -  294 words
    • Article
      Lock icon SEOUL
      365 12 Bloomberg Business News □Cmporitehiex AM STOCKS rose amid optimism that LG Information Communications, a member of South Korea's third-largest industrial conglomerate, will win a licence to enter an advanced wireless communications market next month. The Composite Index rose 6.69 points to 965.83 in trading of 43.6 million shares. Gainers
      Bloomberg Business News  -  365 words
    • Article
      Lock icon SYDNEY
      597 12 AFP OllOrihtriM -Bl THE downgrading of profit forecasts by two of Australia's top 50 companies sent the share market tumbling. "Some of the companies have been poor performers for some time—it looks like some major investors are sick and tired of continued downgrading of profits," a broker said. The
      AFP  -  597 words
    • Article
      Lock icon WELLINGTON
      262 12 Reuter HWcflmgtoo +X 77 A LACK of investor Interest characterised the market and saw it close just a touch firmer on very light turnover. The NZSE-40 Capital Index rose 3.77 points to 2,111.49. ■*r* «o *h rrnm ANZ Banking 7.00 -0.05 400 MNDUfMNUn t67 UOCJl ***** AirWr» Zlll»n<(A) 1U
      Reuter  -  262 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Blue chips end flat, second-liners surge
        7327 13 KUALA LUKPUKReports gain.—Bloomberg Business News, Renter □Ownpoßtoliig -106 SPECULATIVE retail play took second-liner shares to a soaring finish, but a lack of fresh fundamental news kept blue chips in the doldrums. "There's nothing much on the economic front. The trade figures are out," noted
        gain.—Bloomberg Business News, Renter  -  7,327 words
    • WARRANTS & OPTIONS
      • Article
        VDH underlying shares better?
        3462 14  -  WARRANT WATCH By' Ven Sreenivasan NEWS that Van Der Horst has been included in the Morgan Stanley Capital International Index has boosted the stock price of the power producer over 6 per cent during the past two days of trading. According to analysts, VDH's inclusion in
        3,462 words
    • Article
      CLOB INTERNATIONAL
      1866 14 NMMMMMM Mr Mr MM Last V«i Day LaatOaata Hi Ok W IM MCap Mm u» «t— ciapiay roooi hm» u» —y*r tmr cw w w 425 4M a MM AISBSOc 4M 1] 454 450 440 450 10 4.9 0J H.1 4tU a M MOI AMOflSOc *73 15 MWffJITJN
      1,866 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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      • Article
        MAIN BOARD
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        4,176 words
      • Article
        SESDAQ
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        748 words
      • Article, Illustration
        HOT STOCK
        56 16  -  Paul Leo SATERAS Resources fell three cents to $tMye*erdw 4 with 457,000 shares traded -slightfy more than half of the lOday average 0f861,000 units. This shows that selling pressure is easing. But with momentum Indicators still wealk and RSI in neutral territory, investors j are aduised to wait
        56 words
      • Article, Illustration
        Rebound gives way to fears of rising US bond yields
        878 16  -  BTOGKHABKBT COMXEMTABY Malaysian second board was the only bright spot in an otherwise lacklustre equity scene By Ven Sreenivasan [SINGAPORE] Stocks drifted sideways on low volumes yesterday amid investors' concerns that some shares may be overvalued and that US long
        878 words
      • ON THE GRAPEVINE
        • Article
          $50m SCMP windfall for UOS?
          118 16 UNITED OVERSEAS BANK chairman Wee Cho Yaw resigned from the board of Hongkong-listed South China Morning Poet (Holdings) last month, citing a busy schedule which had prevented him from attending board meetings regularly. His resignation followed the successful takeover ofTVE Holdings by the newspaper group.
          118 words
        • Article
          Call your mother
          82 16 ALL mobile phone customers of Singapore Telecom Mobile Link were reminded yesterday that it pay* to call their mothers on Mothers Day tomorrow. Mobile Link issued a press statement announcing a 80 per cant discount for all local traffic charges on that day. "With thia offer, we
          82 words
        • Article
          What lawsuit?
          154 16 AT GUTHRIE GTS'extraordinary general meeting yesterday, a minority shareholder pointed out that the company had not disclosed that some parties had filed a lawsuit against it to the tune of more than H million. In response, the directors looked at each other bewildered. The company's lawyer said that
          154 words
        • Article
          Cool $500,000 fee
          76 16 QUEUKING up at property launch®# could m become a lucrative profession, if what we heard on the grapevine is true- Appertntty, some property agents in town are quietly sourcing for people who can secure unite In' a prestigious condominium project for Indonesian clients. The feet A cool
          76 words
        • Article
          Karaoke soft launch
          49 16 PROPERTY soft launches ars very much in 11 the news. But what happens at a'luuraoift challenge" soft launch? Yesterday, we ;tjj received an invitation from Murtaii the liquor company, to the 3rd Singapore H Karaoke Challenge soft launch to be held at m SparksDiscoenextFrtctay.Wecantwattto find out
          49 words
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      306 7 EXECUTIVE Appointments •TO ADVERTISE CALL TOLL-FREE 1810-741 1883 Wheelock Nat West Securities Wheelock Nat West Group is a joint-venture between Hong Kong-listed Wheelock A Co. and Nat West Markets, a fully-owned subsidiary of National Westminster Bank Pic. The Group is committed towards the development of an Asian in corporate finance,
      306 words
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      1648 8 I BUSINESS Notices i<> \i>\i:utisi: < 1.1. r<> 1.1 -iki: i: imi ii -14 i iss .< j NOTICE NOTICE IS HEREBY GIVEN that, ITHIAGARAJAN CHITHARASU of Blk 335, ASmith Street #09-59 Singapore *****5, have applied for a Wholesale Beer Licence in respect of M/s Pettar Enterprise located at 444
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      Page 8 Advertisements Column 2
      346 8 NOTICE NOTICE IS HEREBY GIVEN that, I UM KENG YOCK of Blk 45 Teban Garden Rd #03-415 Singapore *****5, have applied for a Retail Beer Shop/ Retail Liquor Shop Licence in respect of M/s Lucky Star Minimart located at 147 Serangoon North Ave 1 #01-439 Singapore *****7, and that this
      346 words
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      43 12 when ibe Market qets Going, the Savvy 90 £URFIN£ Keep track of the latest Singapore and Kuala Lumpur stock prices on BT Stockwatch— http://www.asial.com.sg/btstocks on the Internet $*l i: I IiHhMiaBUSWESSCENTRE I YOUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS NEWS AND INFORMATION
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      65 13 I Company anniversaries. Official openings. Corporate achievements. Topping-up ceremonies. And other special events. They are a cause for celebration. Use them to increase your company profile by taking out a Supplement in our group of newspapers. Talk to us! Well be pleased to be your marketing partner. Joe Heng 740
      65 words
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      14 15 WE NOW ACCEPT FOREIGN cumaBaB5a DENOMINATED SHARES LISTED ON THE STOCK EXCHANGE OF SINGAPORE
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      Page 15 Advertisements Column 2
      123 15 lb: SPH Audiolbx Department Singapore Press Holdings Ltd 82, Genting Lane Singapore *****7 Td 740-1493 Fax: 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (pleaae tick the appropriate box; prices include GST). Subscription Period, □12 months Qm Q 3 mm*. at SS6OJO atSXMI atSS2SJ9 Payment
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      Page 16 Advertisements Column 1
      1352 16 Singapore Closing Share Prices 10/06/1996 CLOSE PREV LOW HIGH atMla US$ US$ US$ US$ All—r Jardine Matheaon 8.10 8.30 8.10 BJ9O Jardlne Strategic 3.10 3.16 3.08 3.18 L XSSw A Da,r > Farm 0.92 0.92 0.92 0.928 mSMrkA Hongkong Land 2.10 2.11 2.08 2.12 ■fHßfligi Mandarin Oriental 1.36 1.36 1.36
      1,352 words
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      Page 16 Advertisements Column 2
      362 16 NOTICE NOTICE IS HEREBY GIVEN that, I HENG AIK KAK of Blk 112 LENG KONG TIG A #06-213 Singapore *****2, have applied for a Public House, First Class Licence in respect of M/s Songserm International (S) Pte Ltd located at 372 Tanjong Katong Road Singapore *****9, and that this application
      362 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Healing business goes regional
      1527 17  -  Healthcare players see brimming potential in the Asian market murstr yen looks at how some companies are targeting the region's masses TAN SU YEN ASIA'S masses are newly affluent and newly health conscious. These two realities have combined to make healthcare the corporate land of opportunity
      ILLUSTRATION BY BEN CRUZ  -  1,527 words
    • STRAWS In The Wind
      • Article
        Unsafe from inhumans
        82 17 It looks as if no one is safe these days. A 71-year old widow was raped this week a few hundred metres from her kampong home while on her morning walk. According to the police report that was lodged, the man covered her mouth with his hand
        82 words
      • Article
        No difference
        61 17 WHAT is the difference between in and out? The answer lies in the following telephone conversation between a caller and a reporter who took a colleague's call: Caller May I speak to Jim please? Reporter: Sorry, he's out. Caller You mean he's not in? Reporter: Well, I suppose
        61 words
      • Article
        Fragrant water
        39 17 A brand of mineral water from a neighbouring country certainly knows how to give clear and precise instructions on keeping its product in proper condition. On the label it says: "Avoid direct sunlight and strong smelly things".
        39 words
      • Article
        Driven to desperation
        59 17 YOU'VE heard of exam-mad students snapping up study texts of past exam questions. But past-year questions for written driving tests? It seems that desperate student drivers are turning to such books for help in their quest for the coveted driving licence. And to think we used to
        59 words
    • VIEWPOINT
      • Article, Illustration
        Lock icon There's a lion in Carol Bartz
        1659 18  -  THE RAFFLES Conversation The computer world's top female CEO talks to moras jambs about her corporate philosophy and why she's chosen to speak out on women's issues KENNETH JAMES CAROL BARTZ runs the world's fourth largest personal computer software company, Autodesk Inc. By her
        ARTHUR LEE  -  1,659 words
      • Article
        Lifting the technology veil
        840 18 TOWARDS the end of a talk •he gave in Singapore in March, Carol Bart* played a clip from the movie Wizard cfOz. it's the scene where Dorothy, bar dog Toto and her other companions return to Oi to ask the Wizard to grant their requests. They
        840 words
      • Article
        Women must have a voice
        844 18 CAROL BARTZ's commitment to women's matters goes further than just the glass ceiling. She mentions two topics in particular that are "non-busi-ness issues that I am very passionate about, my two flagships". The first has a very personal genesis. In 1992, just days after joining
        844 words
    • ART
      • Article, Illustration
        Lock icon Prehistoric art pieces looking for investors
        967 19  -  Fancy buying a great cave bear skull for $48,000? OOBDMB kerk looks at what a new art gallery has to offer CORINNE KERK TUCKED ill all inconspicuous corner and partially blocked by Doc Cheng's restaurant, it is easy to miss the new art gallery
        ALL PHOTOS BY CHRIS LOH  -  967 words
    • Article, Illustration
      Lock icon A touch of Americana in Suntec City
      546 20  -  NIGHTSPOT Ot to Beaver's if yen want a friendly place to hang oat By A Surendren WITH a name like Beaver's, any pub called that would definitely have to be an Ameri-can-style place. Beaver's is unabashedly that The wood panelling and waiters in
      ARTHUR LEE  -  546 words
    • Article, Illustration
      A winter that exudes hope
      629 20  -  CINEMA There's nothing bleak about In The Bleak Midwinter. The tale-tell signs of humour and warmth are all there, right from the opening shots By( Corinne Kerk THERE are many ways to tell a story about actors and the acting profession, but few would do
      629 words
    • Article
      Ja's Court fails to deliver the shots
      527 21  -  TELEVISION The ingredients are there in Ja's Conrt and it may yet torn out to be a diverting reflection of Singaporean opinion By Kevin Sullivan JA's Court (Channel Five, Sundays 7.30 pm) may be ground-breaking. The first episode wasn't very good, but that
      527 words
    • Article, Illustration
      WHAT'S ON
      474 21  -  Compiled by Corinne Kerk EXHIBITIONS Sense And Sensibility No, this is not the Jane Austen book that recently hit the movie screens. Instead, we're talking about a collaborative exhibition by Carey Ngai and I Yu Natacha Sun, both graduates of the Nanyang Academy of Fine Arts. Both artists
      474 words
    • EPICURE
      • Article, Illustration
        Where eating out is still an experience
        1153 22  -  Hongkong's food scene ranges from super hip eateries to the humble daipaidong. jaimbbb looks at whafs worth trying JAIME EE IN Hongkong's Lan Kwai Fong, it is easy to starve. Not because there isn't enough to eat there, but because you probably didn't
        1,153 words
      • Article
        FE market gaining strength
        899 22  -  WINE CONNOISSEUR Hiwanr, it is still ray much a yonng one and shows a bias for fuM«s names and vintages By N K Yong THE growth of the fine wine market in South-east Asia in the past decade has been quite phenomenal. As an example, albeit
        899 words
    • Article, Illustration
      CINEMA
      1019 23 A Pig's Tata. A cast of unknown kids star in this kiddy flick. Lido: 5.30; 12 am. Jurong, Century: 11.45 pm. MMlmm. Oddball actor Christian Slater redefines himself as a romantic guy in a charming film about love. Yishun: 11.05; 1; 5.10; 9.20; 11.25. Bishan: 10.05; 2.15; 9JSTUmg Bahru:
      1,019 words
    • TRAVEL
      • Article, Illustration
        Lock icon Still living up to its image
        1540 24  -  from the ancient Star Ferry to the dishonest cab driver, Hongkong looks unchanged. And shopping is still as good, albeit more expensive, una m reports JAIME EE ONGKONG's ancient Star Ferry is a squalid vessel that always gives me the impression that it will
        Photoshop by Ben Cruz  -  1,540 words
      • Article, Illustration
        It's fun having dinner with Dracula
        616 24  -  Expect the unexpected at Dracula's Theatre Restaurant in Melbenrne By\ Eileen Chan TALK of things that go bump in the night! Knock on the weather-beaten chained door at 100 Victoria Street, Carlton, in Melbourne, and get ready for a scream from those faint of
        616 words
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      7 17 Baffles Oonvenatim Carol Bartz EL 2 IKI
      7 words
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      Page 17 Advertisements Column 2
      71 17 up HQI^^B EL 8 --set The California primaries. Charred scallops on apple and leek cole slaw; grilled quail and weeping greens salad; granola-crusted soft-s hell crabs all classic California primaries heading up our new menu of lighter American cuisine. Elect to dine at Seasons tonight. SEASONS at the Four Seasons
      71 words
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      516 19 THE BUSINESS TIMES UFESTTLE EXCLUSIVE A GIFT OF A WATERMAN IS TRULY A PLEASURE TO RECEIVE. Cjspecialfo wAen if is a soficfgofcf.masterpiece worin $15,450. top mn A solid gold Man 100 Fountain Pen Today, gift giving has become an important worth $15,450. Specially created for Waterman's centenary, this is perhaps
      516 words
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      535 20 IWhere to wine, dine and entertain From 11.3 a— tlPpn SO COME AND HAVE THE PLEASURE OF CURLING YOUR TASTE BUDS AROUND THESE XIAMEN DELIGHT! Xiamen cuisine buffet lunch with an enticing spread of over 30 dishes reflecting their true heritage, including snacks and desserts. It is real value for
      535 words
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      Page 20 Advertisements Column 2
      60 20 int suitans, sra /3U /c International, OFF V uie serve you for umchc^^ the may you Mill#" want it to be. WccfaafcA yirsmwemjeirr 902 Em Com Pvkwiy. Big SpMi Camffcx Snpporc *****4 MMHUB Act now before we runout of Space For Information about Business Times "Wine, Dine Entertainment" Scheme* please
      60 words
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      Page 20 Advertisements Column 3
      76 20 A WRY SPECIAL SALUTE TO ALL MOTHERS 11 May (Saturtliy) *12 May (Sunday) Exqumte Seafood CantonHtt Cuitine you> Mm and all at nrt an/■ 11 seafood intoire Mttaumu. Lunch Dinner Cmlt Your Om 9* Mmu OnK Ymr 0m Bst Mm 9* ImMO $18.90 VW *01*0 *SMkW% 2. J t Bst
      76 words
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      762 21 if whereto wine, dine and entertain WORLD S LARGEST SELLING OEER JK Happy Mother's Day Special set menus available from Apr 28 to May 12 LONG BEACH SEAFOOD RESTAURANT (mm (Next to Singapore Tennis Central 1018 East Coast Parkway Open Daily: 11.00 am-3.00 pm 5.00 pm-12.15 am Tet 445 8833
      762 words
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      Page 21 Advertisements Column 2
      146 21 Don't You Think You've Given Mom Enough Fsowerst This Mother's Day, do something a little different. The Mandarin Singapore is celebrating Mother's Week from May 6 until the 12. Every day of the week brings new events at all our outlets, just to pamper your mom. Call the Mandarin Singapore
      146 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1938 23 TODAY'S TV TTIP wnrlH nf brain-damaged son, who I t J onary Home S/Ne^s 0 1 8 Mal3V 1 sacrifices her relationship ilm Movie Gar ISnSrtKSISSr SE2? elephants r th sS h,^ n l l tomeet Echo theneedSOftheb y L3O PM or- tton at Putra World Trade Ad outstanding chronicle
      1,938 words
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