The Business Times, 18 May 1996

Microfilm: NL20600
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    15 1 THE BUSINESS TIMES MITA (P) 04(V 12/95 Internet: http://www.asial.com.sg/biztimes SINGAPORE WEEKEND EDITION, MAY 18-19,1996 85c
    15 words
  • Article
    MARKET SUMMARY
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  • Article
    FINANCE
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  • Article, Illustration
    Lock icon En bloc sale attracts top $208m Kuok bid
    504 1  -  Some see this as msffcft rsnfi^sn^i but say coming govt land tender will reflect mood better By Michelle Low [SINGAPORE] Developers are still in the market for residential land, going by the sale of Thomson Court, which fetched a top bid of
    ARTHUR LEE  -  504 words
  • Article, Illustration
    Lock icon Property stocks tumble further
    357 1  -  By Ven Sreenivasan [SINGAPORE] Property stocks resumed their descent yesterday after stabilising somewhat the day before. The 17-stock SES Property Index hit an intra-day low of for tiie year 0f675.23 points before closing at 679.24 points, down 8.84 points on the day as heavyweights City Development
    Source: Bloomberg  -  357 words
  • Article
    Private housing supply set to rise 35% to hit record 8,854 units
    310 1  -  By Agnes Wee [SINGAPORE] The total supply of private housing units this year is expected to hit a record high of 8,854 units, or some 35 per cent higher than 1995, according to figures released by the Urban
    310 words
  • Article
    CPF considering early release of funds for paying stamp duty
    429 1  -  Law Society seeking clarifications from DAS on new rales By Catherine Ong Siow Li Sen [SINGAPORE] THE Central Provident Fund Board is studying the feasibility of allowing CPF funds to be released before the completion of a sale of property
    429 words
  • Page 1 Advertisements
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  • SINGAPORE AT HOME & ABROAD
    • Article
      NSTB to put another $700m into R&D scheme
      417 2  -  Amount will be supplemented if take-op rate is higher than expected By] Bernice Tang THE National Science and Technology Board (NSTB) said yesterday that it is pumping another $700 million into its successful Research Incentive Scheme for Companies (Rise). Since Rise's inception
      417 words
    • Article, Illustration
      Soft landing seen for property if interest rates hold
      277 2 THE property market will achieve a soft landing if interest rates stay at current levels and no credit squeeze ensues, Singapore International Chamber of Commerce (SICC) chairman Keith Tay said yesterday. "There is sufficient liquidity around, and there are people waiting
      277 words
    • Article
      Mah: Why SingTel's monopoly will end early
      237 2  -  Reports by. Anna Teo REVOLUTIONARY changes in the telecommunications industry make Singapore Telecom's exclusive licences increasingly less meaningful and difficult to enforce, Communications Minister Mah Bow Tan said yesterday. Referring to last weekend's announcement that SingTel's monopoly on basic telecommunications services would end
      237 words
    • Article
      Port regulatory body looking at bigger push to free up services
      280 2 THE Maritime and Port Authority of Singapore (MPA) is considering greater freeing up of port services for more competitive pricing. Communications Minister Mah Bow Tan disclosed this in a speech to the Singapore International Chamber of Commerce's annual general
      280 words
    • Article
      No backdating of tax measures
      169 2  -  UTIBR TO TBB BDITOK Mrs Daphne Ng Public Relations Manager Inland Revenue Authority Of Singapore PLEASE refer to the editorial "Painftil, but it's for the best" in Business Times on Thursday. In your editorial, you suggested that by making the changes applicable to sales of
      169 words
    • Article
      Stanford opens medical resource centre
      188 2 US-BASED Stanford University Medical Centre (SUMC) has set up its first overseas representative office in Singapore. The office will serve as a medical resource centre and facilitate the arrangements of medical education and training programmes provided by Stanford. Stanford Health Services (SHS) president Peter Van
      188 words
    • NEWS Roundup
      • Article
        Asia Broadcast expect 3-year payback
        75 2 ASIA Broadcast Centre, a 942 million full-service facility for television production and satellite transmission in Loyang. is expected to recover its inveetmentarithin three years, ft is in negotiations with 17 broadcasting clients and positioning itself as ftill service hub for satellite broadcasting. It is a
        75 words
      • Article
        Transmitter manufacturing facility
        31 2 FISHKR-ROSEMOUNT Singapore PteUdyeetertay opened its $a milium transmitter aaiiiAt|m fag flecfltty in Pandan Crescent The 9,OOQsQm facfiity, their tap* in the region, will also serve as its AsiaAKlflcbeadkitttrtsffa.
        31 words
      • Article
        USC to launch alumni club
        46 2 THE University of Southern California is setting up an alumni club. It will be launched at the American ChA an May 25. USC, based in Loo Angeles, Is the oldeet and largely private research university in the weilsrn United States. r
        46 words
    • Article
      HDB help for those affected by Selective En-bloc Redevelopment
      391 2  -  Board making it easier for them to boy replacement nnito By. Agnes Wee THE Housing and Development Board (HDB) is offering attractive financial packages to make it easier for flat and shop owners and tenants under the Selective En-bloc Redevelopment Scheme
      391 words
    • Article, Illustration
      Lock icon Tsang calls for more S'pore-HK tie-ups
      356 2  -  HK Financial Secretary sees scope for service providers Byi Catherine Ong THERE is great potential for professionals in Hongkong and Singapore to forge partnerships, particularly in the fields of architecture, engineering and construction, said Donald Tsang, the territory's Financial Secretary. In a luncheon address
      REUTER  -  356 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      69 2 limn. xe-co. i/. i ima. DON'T MISS this opportunity (TOP RETURN "olQ 0 K" S net ji LONG LEASE ]OYEARS YEARLY INCREASE LOCATION run innerl| V* •D• mJ CITY J| NO RESTROIONS FOR RE SALE TO ANY NATIONALITY ni -1 the WESTIN plaza hotel MERCURY ROOM, LEVFL 4 M DATE
      69 words
    • Advertisement
      Page 2 Advertisements Column 2
      67 2 *01-23 Tel: 3J»18« m\ffIfISINGAPORE WOODCRAFT MFG CO PTELTDI Jc* UPC Main Showroom: Mum Colour Furniture Bldp. E 30 Alexandra Terrace QSQIZBQDQffISQD n 5 Tel: 474 0389 ButfnoMHw: 10.80am-6.3oprn «e A: *Bh«w Centre #03-01 Trt: *****47 g Wh«n you are 1 1 ""1 g ,h -r^r-rr'r^ T> m g 5 BUILDING
      67 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        557 3 ♦Following the government's plan to liberalise telecommunication activities, Sing Tel will be forced to tackle competition two years ahead of schedule. Competition will lead to erosion of margins and market share, but will also bring about rapid development of new revenue streams and sources of economic activity.
        557 words
      • Article, Illustration
        In My Opinion
        487 3  -  Pranay Gupta EMrgtag ■arkats Salas Dak BZWPftdfic Daks Pte Ltd. H SO it's the BJP which will form the next government in India. That's where the issue rests for now, after the recently concluded general elections. From an investor's point of view, political affiliations are irrelevant provided
        487 words
    • Article
      Lock icon Property stocks seen southbound
      1086 3  -  Some properly counters are looking cheap but don't be in a hurry to jump in, say analysts By\ Lee Yoke Har JEN CHUA [SINGAPORE] THE worst-hit property stocks have shed over 15 per cent in value in the last few days in reaction to the government's
      JEN CHUA  -  1,086 words
    • Article, Illustration
      Lock icon What is this slump motor traders talk about?
      631 3  -  Byi Christopher Tan IN HIS May Day Rally address, Prime Minister Goh Chok Tong said Singapore's success had thrown up its own set of "problems", one of which was an ever-growing demand for cars. In 1990, 35 per cent of each cohort
      JEN CHUA  -  631 words
    • Article
      Money managers turn wary on US stock outlook
      391 3  -  By\ Lee Yoke Har FOR the first time in six quarters, US portfolio managers are cautious on the outlook for Wall Street, citing increasing inflationary threats, according to a poll in the financial weekly, Barron's. "There is a big change. Obviously, there's
      391 words
    • Article
      MFN, trade war fears clouding stock market
      700 3  -  BYE OX THE REGION: HONGKONG By i Quak Hiang Whai WITH a possible Sino-US trade war and deadline for the renewal of China's Most Favoured Nation (MFN) status around the corner, the Hongkong stock market is not about to go anywhere. Trading volumes
      700 words
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  • REGION
    • Article
      Japan's role in Asia's renaissance
      485 4  -  SINGAPORE BG Leec Japan must play leading role in sustaining region's economic By Yang Razali Kassim JAPAN'S leadership in four areas will influence Asia's renaissance in the new century. Outlining this in Tokyo yesterday, Deputy Prime Minister Lee Hsien Loong said Japan's neighbours expect it
      485 words
    • Article, Illustration
      Lock icon On trial before the people
      51 4 [KWANGJU, S Korea] Kwcmgju dissidents decorating street walls with caricatures of former presidents Chun Doo Hwan (left) and Roh Tae Woo, who are now on trial for their roles in a 1960 military coup. The city will commemorate the 16th anniversary of the Kwcmgju massacre.
      REUTER  -  51 words
    • Article
      Lock icon Thai govt takes over troubled bank
      223 4 BANGKOK AFP THAI Finance Minister Surakiart Sathirathai said yesterday that his ministry and the Bank of Thailand would take immediate control of the troubled Bangkok Bank of Commerce (BBC). The bank's existing executives will relinquish all power over management, which will be overseen by
      AFP  -  223 words
    • Article
      Jakarta scores well on macro-economic policies
      471 4  -  WOELD BAMS REPORT But the reptrt urges Indonesia to complete deregulation agenda. Reports by I S N Vasuki in Jakarta STRIKING a cautiously optimistic note, the World Bank yesterday commended Indonesia's macro-economic policies but urged the government to complete the unfinished deregulation agenda. The
      471 words
    • Article
      Concern about rewards for labour
      264 4 DEREGULATION in Indonesia since the mid-1960s has led to a manufacturing boom and rapid growth in employment levels and wages, said the World Bank report on the Indonesian economy released yesterday. But the report noted a growing concern in Indonesia that labour did not have
      264 words
    • Article
      Investors urged to look beyond S-E Asia
      318 4  -  SINGAPORE By\ Kevin Sullivan SOUTH-EAST Asian investors should avoid focusing on one region to the exclusion of others, Dutch Economic Affairs Minister Hans Wyers said in Singapore yesterday. Acknowledging that the present focus on development in South-east Asia is understandable, Dr Wijers said
      318 words
    • NOTE Book
      • Article
        Lock icon Equal access for telecom providers
        63 4 AFP (KUALA LUMPUR] Malaysia plans to introduce "equal access" for its telecoms providers in 1999 as part of efforts to liberalise the sector, Energy, Telecommunications and' Posts Minister Leo Moggie said yesterday. Phone users will be able to choose from competing network providers by dialling
        AFP  -  63 words
      • Article
        Lock icon Coming: East Asean airline company
        39 4 Bernama [MANILA] President Fidel Ramos and Prime Minister Mahathir Mohamad yesterday agreed in Tokyo to establish a common East Asean airline company. Both leaders are in Tokyo to address a two-day international conference. —Bernama
        Bernama  -  39 words
      • Article
        Lock icon M'sian productivity up 6.6%
        45 4 AFP [KUALA LUMPUR} Malaysia's economic productivity grew $.6 per cent in 1996 compared to 6.1 per cent a year earlier, with the manufacturing sector in particular showing a more efficient performance. Minister of International Trade and Industry Rafidah Axis said yesterday.—AFP
        AFP  -  45 words
      • Article
        Lock icon Chun, Roh denied bail
        50 4 AFP [SEOUL] The Seoul District Criminal Court yesterday denied bail for jailed ex-presidents Chun Doo Hwan and RohTae Woo, currently on trial for treason and mutiny, Yonhap news agency said. "Atthemommentthsreisno special reason to grant bailfor the accused," Yonhap quoted a court spokesman as saying. —AFP
        AFP  -  50 words
    • Article
      Lock icon 3 Indon firms in national car venture
      300 4 JAKARTA AFP THREE Indonesian car manufacturers will jointly assemble a planned "national" car that will enjoy special government privileges, Bisnis Indonesia said yesterday. "We have entered into cooperation with three automotive firms in Indonesia, namely the Astra group, the Indomobil group and PT
      AFP  -  300 words
    • Article
      Lock icon Suharto orders tracing of Tansil's HK, China assets
      164 4 JAKARTA AFP PRESIDENT Suharto has ordered investigators to trace suspected assets stashed away in Hongkong and China by fugitive Eddy Tansil, a report in the Jakarta Post daily said here yesterday. Tansil, 42, who escaped from a Jakarta jail on May 4,
      AFP  -  164 words
    • Article
      Europe takes a different tack
      516 5  -  BEIJING Junt approach with less emphasis on confrontation proves beneficial for European firms By] Peter Seidlitz David Murphy WHILE a trade war looms between China and the US over copyright piracy, the Europeans, on the contrary, have decided to take a more accommodating approach towards
      516 words
    • Article
      Lock icon Teng-hui willing to visit US again after presidential election
      275 5 TOKYO AFP TAIWANESE President Lee Teng-hui, whose private US trip last June angered China, suggested in an interview published yesterday he was willing to visit the United States again after the presidential election there. "Now (the US is in) the middle
      AFP  -  275 words
    • Article
      Minimum wage rules adopted by 28 Chinese cities and regions
      421 5  -  BEIJING Foreign investors complain scheme adds to cost of manufacturing By\ Lu Ning SINCE China passed its first labour law in July 1994 requiring provincial authorities to adopt minimum wage standards, 28 of the 30 provinces, municipalities and autonomous regions
      421 words
    • Article
      Lock icon Call for all joint ventures to allow workers to be unionised
      302 5 BEIJING AFP CHINA'S trade union organisation has demanded that all Chinese joint ventures admit trade union membership by the year's end to help improve labour protection, China Daily reported yesterday. It said that 91 per cent of China's joint
      AFP  -  302 words
    • Article, Illustration
      Lock icon Journalists offer HK$4m reward
      335 5 HONGKONG Reuter HONGKONG journalists and publishers have offered a record HK$4 million (*****,600) reward for information leading to the arrest of two men who cut off the arm of a magazine publisher, a local newspaper reported yesterday. Senior journalists offered a HK$3 million reward, and Mr
      Reuter; AFP  -  335 words
    • Article, Illustration
      Lock icon Clinton vows to extend China's MFN status
      526 5 WASHINGTON But he says he is also committed to slap sanctions over copyright piracy Reuter AFP PRESIDENT Bill Clinton on Thursday vowed to extend Most Favoured Nation (MFN) trade status for China but he said he was equally committed to imposing sanctions "to
      Reuter; AFP  -  526 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1485 5 CITY FU6HT ETA FU6WT ETB IMta S0977 655 S0978 0130 AMaMa S0230 1830 Ha CM MM VM741 1310 VN740 MO W«0 CK72 1730 S0I74 MS Aamaa 8J187 0130 S0173 1900 EK73 2340, Amtartaa KLB43 0455 KUM 2300 NMfMai SOI K25 IM886 0700 SO/DC25 0650 S0J46 2330
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  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      517 4 <8 VI KAY VIKAY INDUSTRIAL LTD (Incorporated In ttw Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING Notice is herfcy given that the Annual General Meeting of the Company will be held at the Board Room, Vikay Industrial Building, 1100 Lower Delta Road, Singapore *****6 on 5 June 1996 at
      517 words
  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      128 4 CRYPTIC CROSSWORD though (9) DOWN over 100 (4) KBHUMrg MOLirilUW 1 Young insects raised up on Ground and house might pea soup (5) H"ITKBItBWWIB3ll 2 Found note in packing 16 Getting out stupidly in Test case (6) is a sort of lesson (8) 3 Traditional drinks are a 18 Dancers
      128 words
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  • REGION/WORLD
    • Article, Illustration
      Playing the numbers game
      541 6  -  LBTTBEFBOX WASHDVOTOIf to mtow «u» ha a ilftHMta KalawHwp By Leon Hadar IT's springtime in Washington, but celebrations in the White House recently were not due to the weather. The cheer was over the various statistical evidence indicating that the economy was reviving. Presidential aides made
      541 words
    • Article
      Lock icon March trade deficit up 27% to US$8.9b
      400 6 WASHINGTON Imports op 1.7% to hit record high of USs77.7b Reuter RECORD imports pushed the US trade gap up 27 per cent to US$B.9 billion (5512.4 billion) in March from a revised US$7.O4 billion shortfall in February, the Commerce Department said yesterday. Despite
      Reuter  -  400 words
    • Article
      Lock icon House OKs spending plan for fiscal '97
      244 6 WASHINGTON Bloomberg Business News THE House of Representatives yesterday approved a US$l.6 trillion (552.24 trillion) spending outline for fiscal 1997 after rejecting several Democratic alternatives. The plan, approved on a vote of 226 to 195, aims to balance the budget by the year
      Bloomberg Business News  -  244 words
    • Article, Illustration
      Lock icon Some economic policies to be reversed: new minister
      601 6 NEW DELHI Consumer goods sector will not be opened np to foreign investment AFP INDIA'S new finance minister Jaswant Singh said yesterday that some of the economic policies of the outgoing government would be reversed and foreign investment barred in the consumer
      AFP; REUTER  -  601 words
    • Article
      Lock icon Top Navy admiral kills himself
      294 6 WASHINGTON AFP THE US Navy's top admiral shot and killed himself Thursday, leaving behind two suicide notes after questions arose about his having worn medals with a combat insignia he had not earned, Pentagon officials said. Admiral Jeremy "Mike" Boorda died of a gunshot wound
      AFP  -  294 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      64 6 Celebrating Singapore's Enterprising Spirit 1 r j' I .'j- '-a I L A-i" Be part of the 1996 Enterprise 50 list A ranking of the fifty most enterprising, privately-held local companies. Come forward and claim your place on the 1996 list. If s an Honour. Call the Enterprise 50 hotline
      64 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      40 6 POOTUtfBPRY FMRHRUCKS By Gary Trudeau ROKM.nenB I JX'JL AH/.uhat BACK-AHPNO I I I THZHELL- 'XafißOM- 1 V*"*™ LONGER UNDER I I WW* I NO ONE'S H I'M OPENLY A a doctors I BurrrscF I listening wuxzcay. S I C^ RB!
      40 words
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  • COMPANIES & MARKETS
    • Article
      Tenaga's interim profit falls 54% to M$370m
      334 7  -  High cost of buying electricity from IPPs, tariff adjustment suspension cited From Ruth Wong in Kuala Lumpur MALAYSIA'S Tenaga Nasional Bhd yesterday posted a 54 per cent plunge in net profit for the first half ended Feb 29 to Ms37o million (Ss2o9 million)
      334 words
    • Article
      Rothmans posts 2.5% rise in net profit to $38.2m for the year
      366 7  -  Sales and price rises mitigated by higher duties By' William Chia TOBACCO company Rothmans Industries Ltd has posted a 2.5 per cent increase in group net earnings to $38.22 million for the year ended March 31, compared with
      366 words
    • Article, Illustration
      SIA names three new non-exec directors
      200 7 [SINGAPORE] Singapore Airlines (SIA) yesterday announced the appointment of three new non-executive directors to its six-member board with effect from June 1. The three are: Singapore Tourist Promotion Board chairman Edmund Cheng, Singapore Press Holdings executive director Tjong Yik Min and Straits Steamship Land
      200 words
    • Article
      Scrip dividend scheme — is it really as good as it seems?
      611 7  - Scrip dividend scheme is it really as good as it seems? HOCK LOCK SIEW Paul Leo SCRIP dividend schemes, at first glance, seem to present the best of both worlds, offering a win-win situation for both investors and the company concerned. But is it really that good? Can it be
      611 words
    • Article, Illustration
      Lock icon Sembawang Media sees Internet sales of $25m-$30m
      299 7  -  Internet service provider may list in five years'time By. Annette Pau LOCAL Internet service provider Sembawang Media expects 1996 sales from its new corporate business unit to reach $25 million to $30 million. First set up last September, the unit, Contact Sembawang Media,
      CHRIS LOH  -  299 words
    • Article
      Planet Hollywood to open in Liat Towers
      203 7 [SINGAPORE] Planet Hollywood yesterday announced that it was setting up an 18,000 sq ft restaurant in Liat Towers at Orchard Road. Sources said Planet Hollywood planned to bring in movie star Sylvester Stallone for the ground opening on May 28. Businessman Ong Beng
      203 words
    • Article
      Lock icon Leo Moggie on basis of valuing telecom operators
      300 7 MBT [KUALA LUMPUR] Telecommunications operators, which have been told to sell out or merge with the three fUll-ser-vice operators Telekom Malaysia Bhd, Cellular Communications (M) Sdn Bhd and Binariang Sdn Bhd, have to base the value of their companies on their assets
      MBT  -  300 words
    • Article
      SemBeth, Oceana cancel contract
      256 7  -  By] Rahita Elias [SINGAPORE] Shipbuilder Sembawang Bethlehem, a wholly owned Sembawang Corp subsidiary, and Swiss shipowner Oceana Shipping yesterday said they have mutually agreed to cancel a contract for the construction of a 28,500 deadweight tonne bulk carrier signed in May 1994. Sembawang Corp disclosed this
      256 words
    • REGIONAL COMPANIES
      • Article
        Pertama moving up to main board
        71 8 [SINGAPORE] The Stock Exchange of Singapore has given the green light for the upgrading of Sesdaq company Pertama Holdings to the main board. Pertama Holdings said last night it would inform shareholders on the effective date of the company's transfer to the main board.
        71 words
      • Article
        TelecomAsia stock suffers sell-off after poor earnings
        347 8  -  Fall also comes amid share-swap plans by major shareholder From Loh Hui Yin in Bangkok SELL orders for Telecom Asia stock continued to swamp the stock market yesterday after it reported an 82 per cent drop in first-quarter earnings amid plans by a
        347 words
      • Article
        Anson tie-up wins M$1.5b highway deal
        185 8 [KUALA LUMPUR] Two listed Malaysian firms Anson Perdana Bhd and Seal Incorporated Bhd announced yesterday that the consortium they are a part of has clinched a Msl.s billion (SsB4B million) privatisation contract for the proposed Kuala Lumpur-Pu-trajaya-airport highway. Anson Perdana has a 30 per
        185 words
      • Article
        Lock icon Berjaya Sports Toto posts 51.8% rise in profit
        261 8 Installation of new terminals major reason for good show Bernama (KUALA LUMPUR] Berjaya Sports Toto Bhd recorded a 51.8 per cent rise in group pretax profit to M 1220.5 million (*****.6 million) for the year ended April 30,1996. It said group turnover
        Bernama  -  261 words
      • Article, Illustration
        Lock icon Acer Group expects sales of US$15b by year 2000
        426 8  -  Company confident of maintaining 20-30% sales growth rate By' Teh Hooi Ling (SINGAPORE] Acer Group is confident of maintaining a 20-30 per cent sales growth rate in the next few years to become a US$l5 bUlion (Ss2l billion) company by 2000.
        ARTHUR LEE  -  426 words
      • Article
        Ayala Land raising 6b pesos to fund its new ventures
        239 8  -  From, Al Labita in Manila LISTED Ayala Land Inc (ALI) is raising six billion pesos (***** million) in fresh funds to finance its new ventures, including those in Singapore. In a report to the Philippines Stock Exchange yesterday, ALI said
        239 words
      • COMPANY Briefs
        • Article
          Freight Links on its offer document
          55 8 [SINGAPORE] Freight Links Express Holdings yesterday said an offer document detailing its mandatory conditional takeover offer for Vincent Intertrans Holdings Ltd was not despatched to VIHL shareholders on May 16. FLEH said it was still in the process of clearing the offer document with
          55 words
        • Article
          STE&E sublets office space
          45 8 [SINGAPORE] ST Electronic Engineering yesterday mm yesterday it had subleased some of its office space in Ang Mo Kioto a related company CEI Systems Engineering. CSE is a subsidiary of Singapore Technologies Pte Ltd which is an indirect shareholder in STE&E.
          45 words
        • Article
          DBS Land unit bags M$80m aircon deal
          55 8 [SINGAPORE] Econoler Singapore, a subsidiary of DBS Land, has secured a MJBO million (5345.2 million) contract to supply, install and commission air-conditioning and mechanical ventilation services for the retail podium of the Kuala Lumpur City Centre. This is Econoler's largest contract so far
          55 words
        • Article
          RDC gets nod for bonus issue
          37 8 [SINGAPORE] Shareholders of the Resources Development Corporation approved a one-for-four bonus issue at an EGM held yesterday. The bonus issue had been proposed by the directors to mark RDC's 20th anniversary.
          37 words
        • Article
          Renong posts 35% profit rise
          52 8 [KUALA LUMPUR] Renong Bhd has announced a group pre-tax profit of M 5283.4 million (SII6O million) for the nine-month period ended March 31, an increase of 35 per cent from the M 1210.6 million previously. Profit after tax also rose 35 per cent, to M
          52 words
        • Article
          FCC financial controller quits
          24 8 [SINGAPORE] First Capital Corporation yesterday announced that Quek Kar Tung has resigned as group financial controller of the FCC group.
          24 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon Japan's big brokers return to profit alter losses
        342 9 But they stay caution* about current year, seeing only modest gains FT [TOKYO] Japan's four biggest stockbrokers have posted their best results for five years helped by a rebounding domestic stock market and buoyant bond markets. Nikko, Yamaichi and Daiwa Securities yesterday
        FT  -  342 words
      • Article
        Lock icon H-P earnings up by a less-than-forecast 25%
        197 9 Bloomberg Business News [PALO ALTO, California] Hewlett-Packard Co's fiscal second-quarter earnings rose a less-than-expected 25 per cent on disappointing sales of workstations and disk drives. Shares of the No 2 computer maker behind IBM Corp fell BV4, or 7.5 per cent, to 105
        Bloomberg Business News  -  197 words
      • Article
        Lock icon Mobil secures US$1.1b stake in Tengiz field
        426 9 Deal gives firm 25% stake in Kazakhstan oil project Bloomberg Business News [FAIRFAX, Virginia] Mobil Corp said it will pay US$l.l billion (511.54 billion) to the Kazakhstan government for a 25 per cent stake in one of the world's largest oil projects. Mobil
        Bloomberg Business News  -  426 words
      • Article, Illustration
        Lock icon General Motors buys Detroit landmark for its HQ
        394 9 Bloomberg Business News [DETROIT] General Motors Corp said on Thursday that it had bought the flashiest landmark in Detroit's skyline, the Renaissance Centre, and would move its world headquarters to the downtown complex of five shiny glass towers. The purchase means that
        Bloomberg Business News; REUTER  -  394 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        537 9 *«M fry— Irt* ilfflwl Jw-ONrt tafimrtY I J» miplft *05/0*00 5/* J04 llnnm 10.05/0700 ot Ma 4 4 JB M* *05/2300 l«0) us* JOI |IH(|I*| KOI/BOO 5"» 1 JM UimKi *.05/0700 VM J04 illilll'i 21M/2300 001 J02 MnpM* T705/2300 y* 1 JM *<*»*• *.05/2*0 002/* J02 iiupKi noyotoo
        537 words
      • Article
        CONTAINER SCHEDULES
        1659 9 RECEIVING OF EXPORT Fa CONTAINERS AMD LCI CAMP ■nrttn/tilMfi Rstis SWF Vy W Ett/ttr Nrl* Frw Tn Frw ta *rtcat oea 20/0700 M 17/DOO n/»W IT/WO IM WM l/M It I7/T700 MM www IT/BW N/04M N/0*00 1 WWW WWI WMW 4 N/1200 WMW WDM to** oa MM 17/boo
        1,659 words
    • FINANCE & COMMODITIES
      • Article
        Syndicated loans spring surprise
        489 10  -  Unexpectedly strong demand surprises bankers who thought IMTs 9% growth was hard to repeat By\ Siow Li Sen [SINGAPORE] Asia's appetite for syndicated loans so far this year has turned out unexpectedly strong. This surprises bankers who had thought it might be difficult to repeat 1995's
        489 words
      • Article, Illustration
        Lock icon A stone worth minions
        37 10 [pKNEVA] A Sotheby's employee looks at the world's largest oval shaped colour D internally flawless diamond, which was put on auction yesterday by Sotheby's Geneva. Thisgemstone could/etch over US$5 million (Ss7 million). REUTER
        REUTER  -  37 words
      • Article, Illustration
        Lock icon US$ rise meeting some resistance
        353 10 US$/mark: The US$/mark traded within a narrow range for the first four days of this week, trapped between 1.5285 and 1.5383. The unit was trading around the 1.5300 level yesterday morning. Strong resistance is seen at 1.5400. A breach, despite the overbought daily stochastics, would
        Source: DBS Bank  -  353 words
      • Article
        Bakerie Electronics raises US$50m loan
        156 10  -  By Soh Tiang Keng [SINGAPORE] Bakrie Electronics has raised US$5O million (Ss7o million) from Singapore's Asian dollar market through a term loan. The four-year syndicated loan bears an interest rate of 1.5 per cent above the Singapore Interbank Offer Rate. The agreement involving 12 banks,
        156 words
      • Article
        Lock icon US Treasury plans to sell inflation-indexed bonds
        296 10 Bloomberg Business News [WASHINGTON] THE US Treasury intends to start selling inflation-indexed bonds on Wall Street, a senior Treasury official said on Thursday. Treasury Secretary Robert Rubin was expected to announce the Treasury's plans at a news briefing. No date has been set
        Bloomberg Business News  -  296 words
      • Article
        Lock icon Falling grain supply sparks call for global reserves
        265 10 Reuter [WASHINGTON] The erosion of the world's grain stockpiles, headed for their lowest level in 23 years, has led to suggestions for nations to be more active in assuring there will be enough food during tight times. Action could include creation of
        Reuter  -  265 words
      • Article
        Lock icon JGBs soar on reserve rumours
        242 10 SIMM Report Reuter [SINGAPORE] Simex Euroyen futures ended firm in thin trade led by a sharp move up in Japanese government bond (JGB) futures. Dealers said JGB futures were bought up to their intra-day high of 119.10 on rumours, later denied, that Japan's Ministry of
        Reuter  -  242 words
      • Article
        Lock icon CURRENCY REPORT
        175 10 Reuter AFP THE dollar was down against the mark, nudging below the 1.53 threshold, but static against the yen in slow trade. The dollar's retreat from 15-month peaks against the Swiss franc has capped gains against most majors, dealers said, and position-squaring before the weekend is making the
        Reuter; AFP  -  175 words
      • Article
        Lock icon Viets seek long-term diesel supply contracts
        317 10 ENERGY REPORT Reuter [SINGAPORE] In a move to build a stable source of diesel supplies for its growing market, Vietnam's main diesel importer Petrolimex is forging more long-term supply contracts. Sources said yesterday the term imports would help Petrolimex avoid market volatility as Vietnam
        Reuter  -  317 words
      • Article, Illustration
        Untitled
        1109 10 PTffflBAMt C?PmBllC?T EATBS 4pm, May 17 *«i- M>M4 j Afototlfil cwin im pgr lir* omr cmumm >m ow* i on* J S$/tJSt tmommaM ofhrtit* mnime* St/OSS to 1*0 ttniU oflbrwign currm*. MnhiMir LSR LI2M 0.0M MM Frock Mar 27.M0 IM* 102H2 MM Cm Ml Mm LMN Ultr 0.7392 IT* mi»ii|
        1,109 words
    • Article
      COMMODITY PRICES
      1543 11 BOOM WTUIBI May 17 MMKt (Mvts cIMIki 9$ SJOps) RSSICMTMCTatmbto) COM Mmm OpM M—1 Mgh I— S«tt (hn) OtwMt JM96 22a00 2*75 2*73 225 375 J* 96 20.75 ***** 213.75 300 2250 212.00 209.25 212.00 200 2375 5m96 209.50 3500 0ct>fec96 200.00 206.75 200.00 475 0*75 JM/MV 97
      1,543 words
    • Article
      WORLD STOCK MARKETS
      2143 11 IOMMB Hey 17 Naco *b A. A. Corp Adr 653/4 -3/4 A8PortS 295 -1 Abbey Nettonel 583 *9 V2 AM Lyons 494 -1 Amec H4 2 343 *1 Asde Group na 1/2 1/2 •ATM 502 12 WCC 343 *21/2 BOC Group 934 *6 H Poll Hum 574V2
      2,143 words
    • Article
      Lock icon TOKYO
      1616 11 Reuter Q Nikkei 225 -23M1 STOCKS drifted lower yesterday. After a recent sharp but brief rally, profit-taking overwhelmed the market, as investors failed to completely shake off worries over the outlook for foreign exchange and interest rates. The 225-share Nikkei Average closed down 230.61 points at 21,916.60. Its June
      Reuter  -  1,616 words
    • Article, Illustration
      Lock icon HONGKONG
      1533 12 Reuter Q Hug Seng 415* STOCKS closed slightly easier after spending the day at a virtual standstill amid a lack of fresh incentives. The blue-chip Hang Seng Index ended down 16.56 points at 10,816.85. Turnover was an estimated HK12.97 billion. "In the absence of fresh liquidity, the market has
      Reuter  -  1,533 words
    • Article, Illustration
      Lock icon CHINA
      613 12 Reuter F1 Shanghai B Shire lidex 432 THE Shanghai B market ended up on improved sentiment, with investors believing that the interest rate cut on May 1 signalled the economy was improving and with fears of a Sino-US trade war digested. The index rose 0.32 point to 49.98 on
      Reuter; Source: Credit Lyonnsis Securities (Asia) Ltd  -  613 words
    • Article
      Lock icon TAIPEI
      359 12 AFP QWPUn -74J1 SHARE prices flnished lower yesterday after late selling pressure wiped out early modest gains. "Some investors, uncertain about the market outlook, took profits," said a trader. The Weighted Price Index slid 74.21 points to 6,022.72. Turnover was 1.12 billion shares worth NT545.02 billion. Falls beat risers
      AFP  -  359 words
    • Article, Illustration
      Lock icon JAKARTA
      715 12 AFX-Asia nOmpirtiMtt ♦LSI SHARES firmed in moderate trading led by gains in the cigarette sector and local speculations on second-liner stocks. The Composite Index added 1.56 points to 621.40. Turnover was 113.3 million shares worth 264.9 billion rupiah. Gudang Gar am led gainers, up 400 at 19,200 rupiah while
      AFX-Asia  -  715 words
    • Article, Illustration
      Lock icon BANGKOK
      799 12 Bloomberg Business News D SET Ma -1H STOCKS fell, led by Telecom Asia, after It said first-quar-ter earnings fell 82 percent and a major shareholder would redistribute its stake. The SET Index lost 2.14 points to 1,300.2. Turnover was 80.2 million shares worth 5.64 billion baht. Communication stocks as
      Bloomberg Business News  -  799 words
    • Article
      Lock icon MANILA
      295 12 AFP niton. *\sn SHARES rose as investors hunted for bargains in anticipation of positive economic growth figures next week. The Composite Index rose 4.27 points to 3,116.69. Turnover was 7.8 billion shares valued at 3.15 billion pesos. Among blue chips, Philippine Long Distance Telephone gained 25 pesos to 1,475
      AFP  -  295 words
    • Article
      Lock icon SEOUL
      357 12 AFP drill*! iiin -M» SHARE prices fell for the fourth consecutive day amid a lack of supporting factors. The Composite Price Index closed 3.45 points lower at 937.51. Turnover was 33.8 million shares worth 694 billion won. Declining issues outnumbered those advancing 590 to 209 with 110 unchanged. Most
      AFP  -  357 words
    • Article
      Lock icon SYDNEY
      607 12 AFP BUOritota *«J SHARE prices rose despite a lack of overseas leads. The All Ordinaries Index rose 6.1 points to 2,251.6. Turnover was 338.2 million shares valued at AJ656.2 million, with advancing stocks outnumbering those declining on a ratio of about six to five. Resource giant BHP gained 11
      AFP  -  607 words
    • Article
      Lock icon WELLINGTON
      276 12 Reuter HWeffingtwi ♦lU> SHARE prices ended firmer on light turnover, fed by partial recoveries in Carter Holt Harvey and Telecom Corp. The NZSE-40 Capital Index ended 12.19 points higher at 2,063.20. Reuter *h rmi AN2 Banking 6.90 "0.05 SOT WvwtafnNMtl 1.65 -0.0* 2400 AJr NM Zoaiand (A) )M 0.03
      Reuter  -  276 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares stage mild rebound in thin trading
        7400 13 KUALA IMMyUHßeports Bloomberg Business News Reuter +6J7 A MINOR technical rally wiped out losses from the last three sessions, but the recovery was not expected to be sustainable. The thin volume showed lack of commitment by institutions, who expect more falls next week,
        Bloomberg Business News; Reuter  -  7,400 words
    • WARRANTS & OPTIONS
      • Article
        Low properly exposure makes Keppel Bank warrants attractive
        3551 14  -  WARRANT WATCH -By' Ven Sreenivasan AMID all the jitters about the potential softening of the property market and the impact on property loans, investors might find Keppel Bank just the ticket as it has a relatively low exposure to the residential property
        3,551 words
    • Article
      CLOB INTERNATIONAL
      2217 14 MALAYSIAN STOCKS Or Of WW Laat V*I Day Laat Quota Dtv Dtv YM Nat M Cap MIO Laar tt»a Cliliy BMa rOOO) Lw Buyar SaPar Cvr P/I frail tS 401 S000 AISSSOc 442 M 4S0 440 440 444 U t) U ft) 4S3J m M 5001 AMMSOc «U
      2,217 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        607 15 w —tit ■g ijg IjSSggM 17,721 17,030 i4,nt HMD MjS ttt^M nw M7M WW HJ&rS 5*4%4 «W71 MAM CUM TOTAL a* t-fs in 3 5 MVM> 1 t 0*0 gg& s ST* srr s i i s a i 4 4 «t S&U t "8 "> 1 t "5 T*
        607 words
      • Article
        MAIN BOARD
        4296 15 Or 9r M W» 1999 Laat Vol 0*y LMtQMto 09* M W M Cm A»» W» L— WW Clin rOBO> MN> L— l»wr SdOar Cor M WWw 5146 ASCNT9M200 US- 2M MS 1259 AcarSOc USM9 unch 2*9 WO M9 IM 199 UK 7J *9 717 3tt.9 494 390
        4,296 words
      • Article
        SESDAQ
        745 15 3* 3r M Ml MM Laat Ml Mr MOhM OM Oh TM Mat Cm A«* l— mm cmmm m» rssst u» smwt saoar cv iJmm 239 234 2000 ASttHMpSC 247 rt 249 247 33 143 0.1 194.4 MM 24* 234 159 a 2001 «+f )M 319 H) *T Ki
        745 words
      • Article, Illustration
        HOT STOCK
        55 16  -  Paul Leo IGB Corporation yesterday faikd to break above resistance at $1.45 despite Heavy buying. The Cbb counter ended the day Just two cents higher at $1.42 with 1.62 million units done eight times the lOday average 0f202,600 shares. With momentum indicators mixed. RSI approaching or in overbought
        55 words
      • Article, Illustration
        Property-linked stocks fall amid fund-led sell-down
        888 16  -  STOCK MARKBT COMMBMTAKT Portfolio managers <rr|M»rt<iri fm grfi^Mlly shift to stocks not exposed to residential property sector By Ven Sreenivasan [SINGAPORE] The stock market yesterday weakened amid the continuing sell-down of shares of companies with exposure to the residential property sector. The Straits Times
        888 words
      • ON THE GRAPEVINE
        • Article
          Model shows property downside, but...
          113 16 USING a model comparing the SES AQ Property Share Index relative to the 12-month Forward URA Capital Value, a foreign broking house reckoned that if physical property prioee drop 10 per cent in the next 12 months, property stocks are still overvalued by 20 per
          113 words
        • Article
          Double whammy
          118 16 WE'VE heard a number of hardluck cases resulting from the latest government measures to combat properly speculation. One lawyer has a client who was selling his two-bedroom flat to buy a three-bedroom apartment He had just signed the sales and purchase agreement when the government slapped on the
          118 words
        • Article
          Another hardluck story
          90 16 A READER rang up yesterday to say that while he had signed his S6P agreement on May 18 and returned it to the developer, the latter has yet to sign on the same document His lawyer advised him that there is no I legal sale until the
          90 words
        • Article
          Moving around in HK
          83 16 MUSICAL chairs in Hongkong again. We hear that Peter Green, tale® director of Morgan Grenfell Asia Securities in Hongkong, has left the firm in a huff, taking along with him some colleagues to Peregrine Securities. Mr Green was with James Capel before he Joined Morgan. Meanwhile,
          83 words
        • Article
          Running a marathon
          108 16 DESPITE a bullish first quarter, none offlit CPF approved unit trusts has managed to outperform the DBS CPF Index in the first four months to April What was even more surprising was that bhie chip Schroder* Singapore Trust had the worst performance of the lot—a 1.9 per
          108 words
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      Page 7 Advertisements Column 1
      158 7 EXECUTIVE Appointments •TO ADVERTISE CALL TOLL-FREE 1800-741 1883 A leading regional stockbroker invites applications for the position of HEAP OF RESEARCH Job description Reporting to the Managing Director, the incumbent will be leading a team of analysts. The job therefore entails not only analytical work but requires managerial qualities that
      158 words
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      Page 8 Advertisements Column 1
      1036 8 (Incorporated in the Republic of Singapore) FINANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT The Board of Directors is pleased to announce the following audited results of the Group and the Company for the year ended 31 March 1996: PROFIT A LOSS STATEMENT THE GROUP THE COMPANY 1996 1996 ♦OR- 1996 1995 ♦ORAiAdMk
      1,036 words
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      Page 12 Advertisements Column 1
      174 12 Land Transport Authority Infoline u s s n "c o D J™mte" on Results I INF^IiflP COE Bidding Results Car Registration Number Availability. Wondering which share result An SPH AudioTex Service J Available on 10th or I Ith of every month. All you Available between Saturday and Wednesday each week.
      174 words
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      Page 13 Advertisements Column 1
      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! We'll be pleased to be your marketing partner. Joe Heng 740
      65 words
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      Page 14 Advertisements Column 1
      154 14 ■I Singapore Handicrafts presents the splendour of the majestic rosewood. Discover the unique charm and beauty of classic rosewood furniture from Singapore Handicrafts Singapore's leading rosewood specialist. A rosewood masterpiece with its refined lines and exact proportions will add a touch of elegance to any room in your home. Come
      154 words
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      Page 15 Advertisements Column 1
      206 15 S Citibank presents A Unit Trust That holds Something Quite Rare. The Credit Lyonnais Singapore Growth Fund has an investment history that goes back 27 years in the Malaysia and Singapore markets. And is available at a minimum subscription of just 555,000. For more information, or to obtain a prospectus,
      206 words
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      Page 15 Advertisements Column 2
      119 15 To: SPH AodioTfcx Department Singapore Press Holdings Ltd 82, Getting Lane Singapore *****7 Td 740-1493 Fax 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (pfcaae tick the appropriate box; prices iadade GST). Subscription Period U-Mrths □<Mh. 3 MA. *SsfM at Ss4o4t atSS2SJ« Payment Options (No
      119 words
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      Page 16 Advertisements Column 1
      47 16 BUSINESS Notices io\ \IuI I s r i"~i i< > i'i .iu i i i sim» --4i! s s < For real- time stock information, call Quickstock on 1900-913-0003 at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao.
      47 words
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      Page 16 Advertisements Column 2
      162 16 (Incorporated in vtt Rflpuolk of Singapore) jOTwracHmncfflß Tin undermentioned share ceriMcalee have been reported loet, iTWIO Of OMuOyOQ.' G*****71 1 x 1.000 CHEN SUSIE *****701 1X 1.000 NQ ANNIE U —m noiicv is noroov avwi inii oupiictiv conmcaios wiii do leeued and the original certificates wW be deemed canceled end
      162 words
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      Page 16 Advertisements Column 3
      323 16 A'BEST AUDIO PTE LTD (IN MEMBERS' VOLUNTARY LIQUIDATION) NOTICE OF FINAL MEETING NOTICE IS HEREBY GIVEN pursuant to Section 308 of the Companies Act, Cap. 50 that a Final Meeting of the Members of the abovenamed company will be held at 1 Park Rd #***** People's Park Complex Singapore *****8
      323 words
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      Page 16 Advertisements Column 4
      333 16 M THE MATTER OF THE COMP AMES ACT, CHAPTER 80 i AND IN THE MATTER OF WE WE MARKETINQ PTE LTD (In Members' Voluntary Liquidation) c Extract of the Minutee of an Extraordtoary Qeneral Meeting of Mm m_ m. fm mvmosrv o* ws ws Msmstiny Pto Ltd heid el IPhBBp
      333 words
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      Page 16 Advertisements Column 5
      1331 16 Singapore Closing Share Prices 17/08/1906 CLOSE PREV LOW HMH OSS USS USt USS "llir Jardine Matheson 8.00 8.05 7.05 8.00 TfffldH Janttna Strategic 3.16 3.16 3.14 3.16 L IMMr J Mry Farm 0.80 0.86 0.86 OJB Hongkong Land 2.12 2.13 2.10 2.13 ■Mnigi Mandarin Oriental 1.45 1.45 1.44 1.46 EUUUim
      1,331 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      CHIJMES faces acid test
      1160 17  -  Will Singapore's biggest conservation project the old CHI J school in Victoria Street become a profitable commercial venture? linn bb reports JAIME EE ITS lovely to look at and nice to behold. But the bottom line is, will people be sold on Singapore's biggest conservation project
      1,160 words
    • STRAWS In The Wind
      • Article
        Sweet revenge
        61 17 AS if the government's recent measures to curb property speculation aren't enough, one bitter aspiring property owner wants to punish speculators even more. "I've a good mind to call up some agents, offer their clients a good price, then when they eagerly accept, I'll retract my offer." Personally,
        61 words
      • Article
        Convenient stop
        77 17 WHEN it's noon and you're a hungry bus driver, what do you do? Buy lunch. Like one such driver who suddenly stopped his vehicle at a bus stop, and got out of his seat. Noticing the passengers' stares, he muttered in Mandarin, "I'm going to buy lunch." In
        77 words
      • Article
        Living up to your name
        33 17 YOU know how people's names sometimes dictate their vocation in life? Take a man named William Headline. Sounds like a journalist? You're right. He's the vice-president of CNN.
        33 words
      • Article
        Nitpicking
        59 17 A READER sent us this item in ID Living magazine which she felt was done in poor taste. In a write-up about new products, it said: 'There's the lilllputian dictionary and now there's lilliputian veggies from Australia. Pick your fork through mini carrots, sprouts, cabbages, etc pretty on a
        59 words
    • PROFILE
      • Article, Illustration
        Lock icon A passion for the picture business
        3217 18  -  Cinema magnate and philanthropist Runme Shaw talks about the days when going to the movies cost only five cents and how he grew his business into an entertainment giant in this extract from mblahib chew's Leaders Of Singapore MELANIE CHEW THE Shaw brothers came
        FILE PICTURE  -  3,217 words
    • ART
      • Article, Illustration
        A keen player in S'pore art scene
        1127 19  -  Art consultancies have sprung up as the local market becomes more mature, reports iola lemzi IOLA LENZI INTEREST in the art market has grown so markedly in Singapore that it has given rise to a new, lucrative spinoff business. Übiquitous in the art
        1,127 words
    • Article, Illustration
      Lock icon An institution returns to Somerset's
      526 20  -  NIGHTSPOT EMee Young and his members thrill the crowd at Somerset's with their finger 3r< A Surendren LET me tell you about an institution that stands where another institution used to. The former institution is the Raffles Institution. Now, in its place, is Eldee Young.
      CHRIS LOH  -  526 words
    • Article, Illustration
      Shades of Pulp Fiction
      669 20  -  CINEMA Things To Do In Denver When You're Dead is a strange movie but it's still a fairly entertaining yarn liy\ Shahiron Sahari IF a movie is anywhere near as good as the sound of its title, then Things To Do In Denver When You're Dead
      669 words
    • Article
      New arts magazine gets just about everything right
      548 21  -  TELEVISION What's miwring in Artitnde is an intelligent point of view By; Kevin Sullivan ARTITUDE, Premiere 12's new arts magazine is not at all bad. Given some Franken-stein-type animation via the cosmic current of creative confidence and worldly wit it may prove
      548 words
    • Article, Illustration
      WHAT'S ON
      509 21  -  Compiled by Holly Harrison CHARITY Charity Film Premiere: Mission tmp—iHf You don't have to wait much longer to see the new Tom Cruise flick, a slick action-filled thriller based on the popular 1960s TV series of the same name. Expect to see gorgeous, leggy spies, top-notch special effects
      509 words
    • EPICURE
      • Article, Illustration
        Lock icon A refreshing touch
        707 22  -  Aussie-inspired Moomba looks good aesthetically and menu-wise, reports mime be JAIME EE IT seems so easy. You sit down, decide you want to open a restaurant and next thing you know, you've spent more than $1 million on a snazzy Aussie-influenced Joint in Boat Quay that specialises
        CHRIS LOH  -  707 words
      • Article, Illustration
        Lock icon Cafe that's cheap on the pocket
        557 22  -  RESTAURANTS But the offerings at Oriel Cafe can sometimes be rather disappointing By i Corinne Kerk SINGAPORE isn't short of trendy cafes as it is, but new ones keep popping up, no doubt encouraged by the enthusiastic response that greets most cafes these days.
        CHRIS LOH  -  557 words
      • Article, Illustration
        Youngest 'AIA' a Tuscany star
        816 22  -  WINE CONNOISSEUR Although Ornellaia's first vintage was 1985, it is now spoken of in the same breath as and Sflltjn By N K Yong SASSICAIA, Solaia and Ornellaia, known as the three AIAs, were the most famous Vina de Tavola of Italy and possibly the
        816 words
    • Article, Illustration
      CINEMA
      1012 23 A Pig's Tala. A cast of unknown kids stars in this kiddy flick. Lido, ChangU 12am. Jurong, Century: 11.45pm. Bed Of Basea. Oddball actor Christian Staler redefines himsefl as a romantic guy to a charming film about love. fl Yishuru 2.50pm. Tampines: 10.45; 12.45; 245. jK Mssd flpertlli'lW Mart
      1,012 words
    • TRAVEL
      • Article, Illustration
        Lock icon City with an attitude
        1396 24  -  New York might be a little less violent after the clean-up campaign, but the [supercharged atmosphere has not lessened one bit, reports muu cuuham MARK GRAHAM TOPPING into New York's 42nd Street used to be a journey into a hellish netherworld of drugs and decadence: junkies
        ALL PHOTOS BY MARK GRAHAM  -  1,396 words
      • Article, Illustration
        Edinburgh achieves World Heritage status
        538 24  -  TRAVEL BRIEFS lie award covers the Georgian New Town and tke Old Town Ht Eileen Chan EDINBURGH, Scotland's capital city, Qas long been a favourite with overtags visitors to Britain. Its magnificent castle, great shopping and famous fringe festival attract millions of tourtgts each year.
        538 words
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      532 19 O THE BUSINESS TIMES LIFESTYLE EXCLUSIVE A GIFT OF A WATERMAN IS TRULY A PLEASURE TO RECEIVE. i■MiiHuiii mmi n irMwiiiiirrnanwßnn —"—irnr~r"n B rTriTriiwwfc aegagH^^^ 1 Ospeciaffu cunen it is a solidgofcfmasterpiece wortli $15,450. top mn gold Man 100 Fountain Pen Today, gift giving has become an important worth $15,450.
      532 words
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      Page 20 Advertisements Column 1
      409 20 Where to wine, dine and entertain I SICHUAN CUISINI For the month of May, Chinatown Restaurant will be serving exquisite Sichuan S Cuisine at unbelievable prices. NflS Usual Price I Barbecued Peking Duck $45.00 $60.00 Steamed Cfakkcn in Lotos Leaf $3100 $3100 Scallops with Garik $40.00 $60.00 Our popular Unlimited
      409 words
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      Page 20 Advertisements Column 2
      20 20 c r Singsation Theme Karaoke. I Menu changes regularly. Pines subject to service chargeH taxes including GST. < ,.f Cate Plaza
      20 words
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      Page 21 Advertisements Column 1
      616 21 i tumW»TJ f! Ipl i x&sssfr I B?T7«TTTTrriTt??iW where to wine, dine and entertain WORLD'S LARGEST SELLING B6ER IE -*»c H| mmmmmm I Love It! l ■■■I jjCJjf^. Ih^w Geoduck pHHHHHR LONG BEACH MARINA SEAFOOD RESTAURANT (C« Park A) Planet Manna Mama South Singapore *****1 Open Daily :500pm- 1 30
      616 words
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      Page 21 Advertisements Column 2
      138 21 I i Lunch with a difference at The Mezzanine J Our Sophisticated Sandwiches, with names inspired by faraway places, are a trip in themselves. So are our quiches, salads J and sinful desserts In the inviting ambience of The Mezzanine, J you'll indeed have a most pleasurable lunch For reservations
      138 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2096 23 TODAY'S TV IL -U AM TV Innovations: AM Pro Summ r Kidnapper KST ,ry Home ffjXlaglllOT. JMJIJ j j I ii>t himself, Yanni. ILOO Literary Movie —A Love- MO Llntas Langsung (RTM torments FBI Forsaken Corner (Man r A Love-Forsaken Corner, darin. See Highlights). IF Mk lil I iidgMl It's
      2,096 words
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