The Business Times, 29 May 1996

Microfilm: NL20600
Total Pages: 92
1 92 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 04(y 12/95 rJ SINGAPORE Internet: http://www.asial.com.sg/biztlmes WEDNESDAY, MAY 29,1996
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  • Article
    MARKET SUMMARY
    57 1 m 2301® (+6.42) P| BTOOMP LS MLtt (+6.66) D BUi gg iWi irmiiinTifBtrBi Tuesday Chuge KLSECOMP 1I4LH +1.28 NIKKEI *****.M +244.77 HANG SENG *****02 +2US SET INDEX HOMO 4.00 JAKARTA OOliP OOJO +0J2 MANILA COUP *047.70 4M TAygfUH MUM SEOUL COMP ***** 1421 CyUCWNAB 751.20 -1.000 AM* ALLOW)
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  • Article
    FINANCE
    60 1 USI 1.414 IliZZIIZZ~iL4«7lI™4J14 ¥144 M4U UN m 4.441 4.947 HK4 4.124 4.144 MKT 4.40 4.464 ■fflPIAH144 4.4«l 4441 rum bases 8INOAPORE* 144 KUALA LUMPUR 8.16 JAKARTA 18.M BANGKOK U.7S MANILA 14J9 HONGKONG 8.71 TAIPEI 8J0 SYDNEY. 10.76 TOKYO IN SEOUL UN ZURICH** 4176 FRANKFURT*** LONDON _U6 NEW YORK 816
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  • Article, Illustration
    Lock icon HSBC tops list of most profitable banks in region
    545 1  -  Singapore's Big Three among top 10 earners; property curbs unlikely to dent loans growth By\ Paul Leo [SINGAPORE] Hongkonglisted HSBC Holdings is the most profitable financial institution in the Asia-Pacific region outside Japan, while Singapore's Big Three banks are among the
    Source: Bloomberg  -  545 words
  • Article, Illustration
    CityCab to buy Mercs for taxis
    462 1  -  Movo may skake marque's position as Singapore's most popular car By* Christopher Tan [SINGAPORE] Transport company City Cab Pte Ltd has just entered into a multi-million dollar deal to buy a fleet of Mercedes-Benzes for a new taxi service a move that might shake
    462 words
  • Article
    Hwang-DBS debuts with 112% premium despite sluggish KL bourse
    528 1  -  From) Ho Kay Tat tn Kuala Lumpur STOCKBROKER Hwang-DBS (M) Bhd, in which Singapore's DBS Securities has a 24 per cent stake, managed a fairly good debut on the Kuala Lumpur Stock Exchange (KLSE) yesterday despite the sluggish overall market. The
    528 words
  • Article
    Oil firms follow Mobil's lead, raise pump prices by 2 cents
    310 1  -  ■•ViCMMSjOSt 3 days after they said they would not Byi Christopher Tan [SINGAPORE] The other oil companies have decided to follow Mobil's move over the weekend to raise pump prices by two cents per litre across the board—just three
    310 words
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      Page 1 Advertisements Column 1
      131 1 SMBDMBI i 1 mT4pjw*it» India's Prime Minister Atal Bihari Vajpayee resigns after 13 days in office, P|B nVBIUOB psiMat,thispg. Premiums easing but any serious reduction unlikely until IPOs are priced closer to market values frier new listing rules. pgZ Not expected to boost interest in hotel stocks, what with the
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      Page 1 Advertisements Column 2
      12 1 PawiHwy Finance Insurance Supplement '96 BT's annual survey of the financial sector
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      Page 1 Advertisements Column 3
      20 1 4 s. ;.£r«jSpj^~ 4^; j.j^, '/~y£»;: |g£ y,-, IMirfll^j V s.- '~'<• 1 ':.if^/>-v*^j'' r 1 1«' vv iN P\i*iwW r
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Mega telecom, IT, broadcast show to open next week
      403 2  -  Event will be staged in twv flinereni •zklUtiwi centres peO 25,000 visiters By' Toh Han Shih THE largest telecommunications, information technology and broadcasting event in Asia will take place in Singapore next week. For the first time, a trade event will
      403 words
    • Article
      Many hotels benefiting from the big exhibition
      323 2  -  By Agnes Wee COMMUNICASIA, Network sia and Broadcast Asia a three-in-one mega exhibition that will occupy both of Singapore's major exhibition centres will also help fill the rooms in many hotels next week. Most of the biennial show's official hotels reported ftill occupancy
      323 words
    • Article
      Chai Chee HDB estate picked to join SERS
      255 2 A HOUSING Board estate in Chai Chee Road will be the sixth HDB site to be rebuilt under the government's Selective Enbloc Redevelopment Scheme (SERS), and the first where owners can get financial aid. The government said two weeks ago it would
      255 words
    • Article, Illustration
      Lock icon Savings not mainly CPF-driven
      348 2  -  EYE OM THE ECONOMY Savings By* Anna Teo CONTRARY to popular belief, Singapore's extraordinarily high savings rate is not driven primarily by the mandatory Central Provident Fund (CPF) scheme, says JP Morgan. Rather, non-CPF factors like demographics explain the savings behaviour, accord--1 T TO 1 A
      Source: J P Morgan  -  348 words
    • Article
      Cash grants to help SMEs get ISO
      253 2 THE Productivity Standards Board (PSB) will hand out cash grants to small and medi-um-sized companies (SMEs) under a new scheme to help them attain ISO standards. The PSB's Local Enterprise Technical Assistance Scheme (LETAS) aims to encourage SMEs to adopt its newlylaunched ISO
      253 words
    • Article, Illustration
      Lock icon S'pore to get taste of Planet's hero galaxy
      446 3  -  Bestanrant chain to have sports, comic book-themed outlets here as wefl By* Jenny Lam PLANET Hollywood International Inc (PHII) has big plans to become a holding company; for several global chains of different themed-restaurants which pay tribute to herosfrom sports to comics.
      CHRIS LOH  -  446 words
    • Article
      S'pore may top US per capita income: expert
      308 3  -  By Kenneth James SINGAPORE'S strategy of creating "little Singapores" could push the Republic's per capita income above those of the leading industrial nations such as the US, top business consultant and author Kenichi Ohmae said yesterday. Dr Ohmae was addressing top local
      308 words
    • NEWS Roundup
      • Article
        Three new additions to JTC board
        40 3 THREE new members have been appointed to the Jurong Town Corporation board: Hewlett-Packard Singapore managing director Cheah Keen Huat; Shell Eastern Petroleum director (chemicals) RoelfVenhuisen; and Yap Chwee Hock Group managing director Robert Yap.
        40 words
      • Article
        Chinese chamber may open doors wider
        45 3 THE Singapore Chinese Chamber of Commerce said yesterday it may open its doors to companies or associations which do not have a Chinese majority stake. These companies may join as an associated corporate member provided their representatives are Chinese.
        45 words
      • Article
        Helping hand on strata strife
        49 3 HOME owners driven up the wall with problems like water seepage can now consult a new guidebook by property consultant Richard Ellis. Its Handbook on Condominium and StrttfaTUk Property Cases B\mmiariaeoc*ambro\jght before the Strata Titles Board. Pufctished by Heinemann Southeast Asia, it sells atl3s.9oeach.
        49 words
    • Article
      Abacus to launch reservations service on Internet
      225 3  -  Deal signed with Sembawang Media to develop system By, Agnes Wee ABACUS Distribution Systems has signed a memorandum of understanding with Sembawang Media to jointly develop its on-line reservations system on the Internet. Its technical partners are Sembawang Media and its subsidiaries, Silkßoute
      225 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      401 2 Moat Things In Life are Viforth The Wait? '-X' -W Your perfect partner I Wf jjfr 9 i- ?< W *U. <'i The perfect home environment Your dream home It is said that the good things lifestyle standards for EBB homes. So aren't you glad you haven't j_ n life
      401 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      64 3 THE Finest Scotch Whisky < Chinatown Hotel (Oil \i il Ko.nl 'Hie modern 'Business' Mold mih historic 'Beauty and Charm Kiidiii r.itc s Irorn ss')(l (111 lor IU sr r\ .it i< >ns II I: (>S 22 SS I (>(> 1.1 (>S 22 S i 4 I 2 I J
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      Page 3 Advertisements Column 2
      73 3 Iv The Garden Bar, Tokyo The garden is a decent site, scattering its guests ,frfefy among the shrubs?conifers and clambering X f vines. The feed, as yen would expect, all natural and the atmosphere as verdant as the surroundings. After a liberal watering even the most secluded comer comes to
      73 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • Article, Illustration
      Some questions on new property tax
      1374 4  -  What is crucial is the timing of the disposal and the determination of what constitutes 'gains' By Kung Wai Ming, Belinda Chan THE newly introduced tax on property transactions which took effect on May IS caught Singaporeans by surprise. Many will be scrutinising the
      1,374 words
    • Article, Illustration
      Lock icon How relevant are 'clusters' to STII trading?
      444 4  -  THUIUiMaL VIKWFOIMT The index should be a good bet if it stays above the 2,275 level By Naresh Verma The writer is a manager of technical analysis advisory (South-east Asia) at Dow Jones Telerate. The opinions in this column are personal and do
      ALLAN  -  444 words
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      Page 4 Advertisements Column 1
      639 4 B Keppol Corporation Limited (Incorporated in the Republic of Singapore) NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at the Board Room, Keppel Corporation Limited, 325 Tetok Blangah Road, Singapore *****1 on 12 June 1996 immediately after the
      639 words
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      Page 4 Advertisements Column 2
      505 4 B Keppol Corporation United (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the 28th Annual General Meeting of the Company will be held at the Company's registered office, Keppel Corporation Limited, Board Room, 325 Telok Blangah Road, Singapore *****1, on Wednesday, 12
      505 words
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  • SOUTH-EAST ASIA
    • Article
      Ex budget chief now finance minister
      470 5  -  BANGKOK Govt hopes to restore market confidence and boost its image with change: analysts By Loh Hui Yin BODI Chunnananda, a longtime chief of Thailand's Budget Bureau, was yesterday named as the country's Finance Minister, replacing the beleaguered Surakiart Sathirathai. His appointment was part
      470 words
    • Article, Illustration
      When deputy premiers get a hard time
      776 5  -  AUMfDf BG Lee tachles the eondo discounts Issue while Anwar dispels rumours of split with Mahathir By Yang Razali Kassim THIS has been a week of the deputy premiers—Lee Hsien Loong, Anwar Ibrahim and Thaksin Shinawatra. By sheer coincidence, they were thrust into
      776 words
    • Article
      Lock icon KL posts M$519m trade surplus
      242 5 KUALA LUMPUR AFP, Bloomberg Business News MALAYSIA posted a Mssl9 million (Ss29o million) trade surplus in March, recovering from deficits in the first two months of the year. The Statistics Department yesterday said the country had a hefty Msl.l billion trade deficit in January, which
      AFP,; Bloomberg Business News  -  242 words
    • Article
      Lock icon Property buys by foreigners: no levy if bought before Oct 27
      186 5 KUALA LUMPUR Bernama FOREIGNERS who bought houses in Malaysia before Oct 27 last year but received their titles after that date are exempted from the Msloo,ooo (SI56.000) levy. But they will have to show proof that the purchase was
      Bernama  -  186 words
  • Page 5 Advertisements
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      130 5 V leader specialised in Teiemecanique provide has the products and the M 1 Mm m m K m M p^Bm-you, 111 B M H M and we get things done. around the world. From needs Because no one J Our ***** people electrical distribulion and in the world does more
      130 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon China will allow parties to contest polls after 1997
      387 6 HONGKONG Unfair to say Bejpng afraid «f implementing democracy in HE, says La Ping Reuter CHINA does not fear democracy in Hongkong after it recovers the territory in 1997 and will let political parties contest elections, Xinhua news agency yesterday quoted
      Reuter  -  387 words
    • Article
      Lock icon No foreign names for Guangzhou firms
      195 6 BEIJING AFP WARNING that "cultural colonialism" will no longer be tolerated, the boom city of Guangzhou issued an order yesterday outlawing the use of foreign names for Chinese businesses. "Companies will not be allowed to register if they use names with the colour of
      AFP  -  195 words
    • Article, Illustration
      Lock icon Hoping to clean out the competition
      50 6 [BEIJING] A worker mopping up the entrance ofa Chinesefast-food outlet yesterday. An increasing number of home-grown fast-food outlets are setting up in the city's popular spots with about 400 Chinese fast-food companies operating2Bo,ooorestaurants nationwide, netting annual sales of 30 billion yuan (555.06 billion). AFP
      AFP  -  50 words
    • Article
      Lock icon Dalai Lama wants pact with China
      121 6 OSLO AFP TIBET'S exiled spiritual leader, the Dalai Lama, said here that six million Tibetans could benefit greatly from cooperating closely with China. He said the past was the past and "we must think about the future". The Dalai Lama said discussions between China
      AFP  -  121 words
    • Article
      Perks for slum projects in Shanghai
      346 6  -  SINGAPORE Package promises to cut redevelopment cost by up to 20% By\ Lu Ning THE Shanghai government is offering developers interested in the city's rundown urban areas incentives that promise to cut the development cost by as much as 20 per cent. The new
      346 words
    • Article
      Lock icon Taiwan planning industrial zone in S Africa: report
      324 6 TAIPEI Move comes as Bering pressures Pretoria to cut its ties with Taipei Reuter TAIWAN is considering setting up an industrial zone in South Africa, a diplomatic ally that faces growing pressure to switch recognition to China. The International Economic Cooperation Development
      Reuter  -  324 words
    • SINO Brief
      • Article
        Lock icon China to verify arms smuggling charge
        66 6 Reuter [BEIJING] China said yesterday it needed to look into and verify charges that two of its top arms merchants smuggled AK-47 rifles to the United States and vowed to punish those who export arms without approval. "The US charges... are not very clear,"
        Reuter  -  66 words
      • Article
        Lock icon HK office rentals the highest
        51 6 Reuter [HONGKONG] Hongkong office rentals are the highest in the world, but Bombay, Moscow and .Shanghai ars catching up, a report by property consultants Colliers Jardine (Hongkong) Lid released yesterday said. The ranking runs: Hongkong, Bombay, Tokyo, Moscow, Shanghai BetJ tog and London, the report
        Reuter  -  51 words
      • Article
        Lock icon Bank safety boxes come back in Shanghai
        54 6 Reuter [SHANGHAI] As the people ofShan«hai»et richer and public order deteriorates, the city is seeing the revival of a capitalist feature —the bank safety depoeit box. Responding to rising demand, banks and securities companies now operate more than 80 safety deposit vaults, each
        Reuter  -  54 words
      • Article
        Lock icon Satellite launch likely next month
        66 6 Bloomberg Business News [BELJING] China's Great Wall Industry Cot? says the Aptftar satellite is likely to be launchednsact month, assuming a favourable international review of a previous launch failure. "The Asia Sat launch will probably bs in June," said a Great Wall spokesman. He said
        Bloomberg Business News  -  66 words
    • Article
      Lock icon Differences with US no big deal, says China
      311 7 BEIJING Except for Taiwan ever which there is no room for compromise, says ministry official AFP, Reuter CHINA yesterday sounded a more conciliatory note on its relations with the US, but warned that the issue of Taiwan was exceptional and held no
      AFP,; Reuter  -  311 words
    • Article
      Lock icon Plan to end foreign grip on mobile phones
      144 7 BEIJING AFP > v CHINESE experts have urged the Ministry of Posts and Telecommunications to require foreign portable phone companies to allocate 15-20 per cent of their sales to technical development in China. In an article in the Posts and Telecommunications Daily,
      AFP  -  144 words
    • Article
      Lock icon China curbing entry of soft drink firms
      275 7 BEIJING Cadbury chief says fruit-based products stand better chance Bloomberg Business News CHINA is restricting the entry of foreign soft drink makers, said David Wellings, chief executive of Cadbury Schweppes pic, a move that may restrict the growth of companies such as Coca-Cola
      Bloomberg Business News  -  275 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      121 6 RMI 60 NETT A NIGHT! JUST HOW DO THEY DO IT? (Mr. FionnOTCee/fe, Accountant) be one the ever the Golden newly for a mere Is it possible a my calculations? Or could be one any now take a relax a by the For double occupancy. of ABF. RMI 90 nett.
      121 words
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      Page 6 Advertisements Column 2
      68 6 II With a worWwkto team of 250 mufti-disciplined professionals and a network of international offices, OCRA provides confidential and I cost effective company formation in all the major low tax areas 11 inducHnq: □Hiaiaftersales services Hcolour brochure or to arrange a consultation contact: Is DIANA BEAN. Ganaral Manager KRSEAS COMPANY
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      Page 6 Advertisements Column 3
      52 6 ur»i-ball uni-Laknock SN-101 Ballpoint Pen Better Feel Comfortable < h,. Greater Soft n Rubber 4WM HVaiuHjie at Hfouing oepanmeni siores ana sauOrmry/DOOK srores. Ink colour with matching rubber grip colour: Black Blue Red BALMAR MARKETING PTE LTD TEL: 235 9577 FAX: 733 7897 Member of Jetosen Jessen Group of Companies
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      361 7 HOTEL CONVERSION Treasury Building, Adelaide Unique Heritage Building Q Long Term Lease Q Prestigious Position Situated in the heart of Adelaide's business precinct, the Treasury Building offers potential investors the opportunity to acquire a prestigious position and a unique historic presence. The Treasury Building is an icon of the past,
      361 words
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  • ASIA
    • Article
      Lock icon North deploying jets for surprise attack on South: defector
      295 8 SEOUL AFP NORTH Korea is preparing Surprise attacks on the South, with warplanes deployed in forward positions and paths cleared through land mines, a defecting fighter pilot said here yesterday. "North Korea has a plan to occupy the South within the
      AFP  -  295 words
    • Article, Illustration
      Lock icon Gowda to be new Indian premier as Vajpayee quits
      373 8 NEWDELHI BJP leader steps down jnst before confidence vote on India's first Hindu nationalist govt AFP. Reuter PRIME MINISTER Atal Bihari Vajpayee abruptly announced his resignation yesterday, bringing an end to India's first Hindu nationalist government after only 13 days in
      AFP.; Reuter; REUTER  -  373 words
    • Article, Illustration
      Lock icon Greenback soars to six-week high against yen amid fears over Korea
      383 8  -  ■TOKYO Jitters iwr renewed fa economy also hit yen Byt Anthony Rowley THE US dollar hit a six-week high against the yen in Tokyo yesterday as currency markets appeared to take fright over reports of a rising military threat
      Source: Bloomberg; ALLAN  -  383 words
    • Article
      All must go: the great Grace Bros auction
      303 8  -  SYDNEY By\ Surinder Singh IT HAS been called the garage sale to end all garage sales, a monster clear-out of what to some can only be classified as junk. Grace Bros, a part of the Coles empire in Australia, is renovating its
      303 words
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      Page 8 Advertisements Column 1
      277 8 Thank You! i f VtrX i On behalf of the 700 institutional investors who attended CLSA's Investors' Forum Asia 96 in Hong Kong from 20-23 May, we would like to thank the following -v** r-A i> f corporations for contributing to the ongoing success of the Forum. Hong Kong Pakistan
      277 words
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      Page 8 Advertisements Column 2
      15 8 Watch Indian stocks after election clouds lift, Pg 15 Aw&mturn in Indian politics, Pg 10
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  • THE WORLD
    • Article
      Lock icon Privatisation drive heats up
      337 9 fcONDON British investors will §b& chance to invest in unclear power stations AFP NUCLEAR power generation it the latest slice of British infrastructure to be offered to private investors, as share shops around the country opened for the registration of potential investors in the industry yesterday.
      AFP  -  337 words
    • Article
      Lock icon US consumer confidence slips Piter April surge
      346 9 NEW YORK Bloomberg Business News CONFIDENCE in the US economy slipped this month after soaring to record levels in April, a Conference Board report showed. The index of consumer confidence for May fell to 101.2 from a revised 104.8 in April— in line
      Bloomberg Business News  -  346 words
    • Article
      Lock icon Iraq set to sign oil export deals, says minister
      157 9 mBAGHDAD Reuter IRAQ will sign deals with international companies within days to export crude oil under its oil-for-food plan with the UN, Oil Minister Amir Muhammad Rasheed was quoted as saying yesterday. Mr Rasheed met officials from Turkey's state pipeline company
      Reuter  -  157 words
    • Article
      Lock icon Ex-Barings director barred for three years
      216 9 LONDON AFP A FORMER Barings finance director has been barred from working as a manager or director in the City of London financial district for three years, London's main financial regulator said yesterday. The Securities and Futures Authority (SFA) said that Geoffrey Broadhurst would
      AFP  -  216 words
    • Article
      Lock icon Partial sale of France Telecom shares in 1997
      234 9 PARIS Reuter THE partial sale of shares in French state-owned telecommunications group France Telecom will take place at the start of 1997 and any possible cross-stakes with Deutsche Telekom will take place later. Michel Bon, chairman of France Telecom, told Le Figaro
      Reuter  -  234 words
    • Article, Illustration
      Lock icon Chechnya remains part of Russia, says Yeltsin
      238 9 MOSCOW Reuter, AFP PRESIDENT Boris Yeltsin visited breakaway Chechnya yesterday, one day after reaching a peace deal with local rpbels, and declared that the region remained a part of Russia. He told a public meeting in the Chechen capital of Grozny that certain
      Reuter,; AFP; REUTER  -  238 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      222 9 Apparently the only 13 I I things that move I I faster than the lifts at 1 I m i dp H H Suntec City's office jf I I towers, are the floors. I II Office Tower 2 is completely sold out. Office Tower 1 is now open for bookings.
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  • EDITORIAL & OPINION
    • Article, Illustration
      We are fellow travellers on Planet Earth
      807 10  -  OPINION THB BOTTOM LDVB By Tye Kim Khiat The writer is BTs deputy foreign news editor THE past couple of weeks was rich in refugee irony. In Asia, the long drawn-out boat-people saga finally came to a tearful and violent end when holed-up
      807 words
    • Article
      IN OTHER WORDS
      102 10 'I think most customers realise when their balance shows US$924 million (Ssl.3 billion), they think if s probably not their money.' -IknusKaQy spokesman/or First Chicago NBD Corp, when faulty computer software caused the US bank erroneously to make huge deposits into the accounts ofB26customers. 'Companies like this
      102 words
    • Article
      A new turn in Indian politics
      633 10 EDITORIAL IT was on the cards all along, and the cards proved right Hie Bharatiya Janata Party government of Atal Bihari Vajpayee is out after only 13 days in office. Its likely successor will most likely be a coalition led by the Janata Dai's
      633 words
    • Article, Illustration
      Lock icon Planners in paradise
      1128 10  -  Hyperion's challenge was to convert a snit-and-tie management centre into an unbuttoned white-collar factory Byi George Judson NYT LUCY RICCIARDI, chief financial officer of the Hyperion Software Corporation, did not want a visitor to get the wrong impression on a tour of the company's new headquarters in
      NYT  -  1,128 words
    • Article
      MAILBOX
      661 10 ttlfcfcgfl If IJ f M—III! IN THE recent past, each boom-and-bust cycle of the Singapore property market lasted approximately 7 to 8 years. The present "boom" phase seems to have better stamina. The reprieve is mainly sustained by good fundamentals, attracting foreigners and an emerging breed of local landlords
      661 words
  • Page 10 Miscellaneous
    • Miscellaneous
      Page 10 Miscellaneous Column 1
      47 10 POOMESBDRT By Gary Trudeau (T I \we-we*£ BUPS /n Ft/&- I E£5T I K BAS£ 3UNPY IN THE. DELIA. 4 RjpeTHB M v) THISGeCRSe TUB6UYMJASACOMPLETE V UEUS&TOGO JANP f MEXW-GO- I MS A GOOD THE MLPMAN-EGPECiAlVf TO SAIGON AND-. \tUHATrJ ROUND. RACK-\ FRJENPOF BeSTi j DURJN6 DOWNTIME.
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Spiritual books a hit in US
      684 11  -  Trend reflects growing search for meaning in life, says jamxe oabbett-lee JANIE GABBETT-LEE Reuter A self-described "clod" who says he often wakes up at 4.20 am hearing the voice of God is now a hot-selling author with speaking engagements booked through August 1907. Neale
      Reuter; REUTER  -  684 words
    • Article, Illustration
      Lock icon Raw Olympic talent
      50 11 [SYDNEY] Australian Olympic representative in diving, Michael Murphy, sitting under his photograph from the exhibition entitled "The Atlanta Dream "in Sydney yesterday. Thirty-one of Australia's Olympic team members posed nude for the collection of photographs that will be published in a magazine, on sale next month. REUTER
      REUTER  -  50 words
    • Article
      Lock icon Banding together for Big Blue
      514 11 MEDIA IBM gets fictitious heavy-metal group Spinal Tap to do ads NYT [NEW YORK] The members of the world's most inept rock 'n* roll band, who always insisted that no one would ever want them for a commercial, have of course been proven wrong. And
      NYT  -  514 words
    • Article
      Lock icon Web Review stops publication
      627 11 INTERNET Online magazine hopes to resmne in Jnne with readers' contributions NYT [NEW YORK] The Web Review, one of the best-known of the magazines found only on the Internet, has stopped publishing and has issued an unusual appeal for financing that draws on two models of
      NYT  -  627 words
    • Article, Illustration
      Lock icon Boxing as an art form
      876 12 EXHIBITION Worlds collide when tiny liberal-arts college Yassar holds academic gymposinm on prize-fighting NYT INEW YORK] When Floyd Patterson shuffled into a photography exhibit at Vassar College with all the stooped-shouldered grace of a former heavyweight champion, the art gallery there fell into an adoring
      NYT  -  876 words
    • Article, Illustration
      Lock icon Findings open new way to treat obesity
      431 12 HEALTH New drags to regulate >|J weight look possible Reuter (SAN DIEGO] The ultimate "diet pill" may be years away, but scientists from Ligand Pharmaceuticals and the Institute Pasteur del Lille in France say they have discovered a DNA sequence associated with human
      Reuter  -  431 words
    • Article, Illustration
      Lock icon Hou—a painter of Taiwanese life
      933 14 Hou —a painter of Taiwanese life PROFILE His latest, (tod-bye Sooth, (tod-bye, was not well received at the Gums fast IHT [CANNES] Hou Hsiao-hsien, lunching on the terrace at the Mandarin restaurant, looked up at the dark sky and belted out "O sole mio." The sun doesn't shine often at
      IHT  -  933 words
    • Article, Illustration
      Lock icon Comedian Nielsen tries out a serious role
      601 14 PROFILE Dai-row will be a big switch from Agent WlMOinSpyHard Reuter [LOS ANGELES] Leslie Nielsen, deadpan star of the new Spy Hard spoof and such comic classics as Naked Gun and Airplane!, wants to show his serious side the one where he doesn't
      Reuter  -  601 words
    • Article, Illustration
      Lock icon Mission: Impossible opens to record box office in US
      721 14 MOVIE REVIEW NYT [HOLLYWOOD] Maybe it is that classic theme music. Maybe it is Tom Cruise. Maybe it is just that moviegoers over the Memorial Day weekend wanted to see an action film besides Twister. Whatever the case, Mission: Impossible, a
      NYT  -  721 words
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      Page 11 Advertisements Column 1
      421 11 IN THE MATTER OF THE COMPANIES ACT. CAP 50 AND IN THE MATTER OF POLK HONG TRADING PTE LTD Liquidation) At an Extraordinary General Meeting of the Members of POLK HONG TRADING PTE LTD. duty convened and held on 18 May 1996 the following were duly passed 1. SPECIAL RESOLUTION
      421 words
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      Page 12 Advertisements Column 1
      173 12 Where to wine, dine and entertain ■^m .^^■VT^yVVTTfTTT^^^If f#tl 3919J 1 May to 30 lung 1996 Available daily at Nibbles Cafe from 1130 am to 6 pm. Come and savour all your favourite local delights at half the usual price. As a school t holiday bonus, patrons will also be
      173 words
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      Page 12 Advertisements Column 2
      60 12 Daily Value'For<Money Specials Monday Braised 2-HeadAbalone in Sauce $22.00+++per person I 1 J| it f Bilk r I Kj*>- 3 Mm Sitmnay Family-Value Steamboat Set Mixed Seafood or US Prime Beef $17.00+++ per person (Min. 4 persons) t,'■*-*« 8 mmI 4 **»*<* New Kirin Court Shark's Fin and Seafood Restaurant
      60 words
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      Page 12 Advertisements Column 3
      84 12 limine amidst Mumkrysldc sumwndhgs Superior Shade's Fin with Lobster II Teochew Fare $40 per pax (min. 2 persons) I Bribed Superior Start's Fin wHh Lubitar in daypot I StoMied Pttofot in Teochew style I Select any 2 chokes from 16 Chak Teochew OUtes I Doep Fried Bean CwdSttn 1 Teochew
      84 words
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      Page 12 Advertisements Column 4
      55 12 i Authentic Shangtai 1 I uilMk |Ly4l|ANi I vUMio wiui nonmm 1 Southern I Urn Sunt Abomabble (|iSgsl# value for money SET LUNCH 2-3 person $22.00++ I 4-Spanon $35.00++ fr^3T*m 6-7 person $58.00++ A 8-10 perm $118.00++ a 'jor reservations, please call I ***************. f I oV9fiMi 1 perk fid
      55 words
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      Page 12 Advertisements Column 5
      130 12 o Hotd Melid-Scotts HIGH FASHION AT HIGH TEAv 2 Join us every Saturday a! the EL PATIO for that old-time tradition of afternoon high tea MyyvjJ accompanied with an entertaining fashion show. Time: 2.00pm-5.00pm 17\ Price: $14.50f++(aiJult) i\/ $9.oo+++ I V I (child below 10 yrs) I I Showtime: 3.15pm
      130 words
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  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      553 13 Home Decor -For people who love their homes WIHE. DME AMD EHTMT«IM WnunyWQCSTSELLMdSCER JE Love ,tl LONG BEACH SEAFOOD MESTAUMAS/T (Matmßmmt*) Tit 445 8833 n»iinriipi i'l--T -i r —111 '**4 0»M 0«r: 1140 an -100 «m (.00 am -12.1* (S« *ha d AiHc HMy *It For enquiriM (Office Houra) Tel:
      553 words
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      Page 13 Advertisements Column 2
      66 13 The Mezzanine, It's the ideal place for yon to tit back and unload. Then unwind <mr your favourite <fc ink to the cool, unpluned rhythm of our resident band. We're expecting you. Happy Haunt FingerSnacki. spm to Bpm. Cocktails ft Entertainment: Spm to lam (weekdays) Spm to 2am (weekends) mowfcwdfcd.«ip|iNnwg.
      66 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      694 13 TV&BAPIO ■■■hhmhhmmmi HO Cruel Doubt chases. CM Sell-A-Vision(r). CM Sandiwara Encik. ELI" 'v— LM PM The Winners. CM See Thursday's Sched- ICM Spanish Movie Accion LM Money, Money, Money. ules. Mutante (See Our Choice). IN The Money Club. UJO MN TV Innovations. CM TV Innovations. 100 AM Close. CM The
      694 words
    • Miscellaneous
      Page 13 Miscellaneous Column 2
      201 13 CRYPTIC CROSSWORD 5 Despicable party reneging Hi on promises to pay (6) 9 Basic irregular triangle (8) and display 14 Stop admitting love for a real I J swine (4) HH Review that's below par? 21 Regret about small daughter being impudent (4) 24 Given time to muse (5) —J^
      201 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      333 14 n I Keppel Corporation Limited I (Incorporated in the Republic of Singapore) I NOTICE OF SUSPENSION OF BOND CONVERSION OF: I (1) U5575,000,000 4% CONVERTIBLE BONDS DUE 1997 I (2) U5575,000,000 2-3/4% CONVERTIBLE BONDS DUE 1997 I NOTICE IS HEREBY GIVEN that the above bonds will not be convertible I
      333 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      186 14 TOE WEATMHR ii Showers over many areas in the afternoon. Temperature (32-25) fuSs Shown SSSL taf aZZ- TiSm B«gtafc IMS Showers Ateas *7/18 Couth Bue** Aires IMt Showm B 31/18 Cloudy Bod IMS SaMy Olam IMI (Mr taubqr (loud) Boh 20HB Sunn) HouoMo 27/2J CM Brmri Xtrti Showen Com**! IMB
      186 words
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  • COMPANIES & MARKETS
    • Article
      Amcol confirms EGM before July 15 deadline
      398 15  -  Bit first battle betweea Sokamte and Pribadi expected at Joe 25 ASM By< Conrad Raj [SINGAPORE] Amcol Holdings said yesterday it will convene the extraordinary general meeting of its shareholders called by Indonesian-born Singapore businessman Sukamto Sia before the July IS deadline. Mr
      398 words
    • Article
      Ad guidelines for unit trusts delayed
      490 15  -  808 says it is still collecting feedback from industry players By\ Shiv Taneja [SINGAPORE] Advertising guidelines for unit trusts due in the next few weeks have been delayed. A spokesman for the Registry of Companies and Business (RCB) which regulates unit trusts in Singapore
      490 words
    • Article
      Transmarco profit tumbles 75%
      264 15  -  By« Jenny Lam [SINGAPORE] Transmarco Holdings yesterday posted a surprise 75 par cent plunge in net earnings to $1.14 million for the year ended March 31. The poor performance came on the back of a 34.5 per cent drop in group turnover to $9&5 million. Analysts
      264 words
    • Article
      Watch Indian stocks after election clouds lift
      667 15  -  HOCK LOCK SIEW Vikram Khanna AFTER pouring about US$l.5 billion (Ss2.l billion) into India's stock markets in the first four months of the year and helping to push up Bombay Stock Exchange's Sensex by 22 per cent, foreign investors in India's bourses appear
      667 words
    • Article, Illustration
      Lock icon Dovechem Terminals to launch IPO by end-June
      536 15  -  By< Conrad Raj [SINGAPORE] Dovechem Twin inals Holdings, which has obtained in-principle approval for a mainboard listing from the Stock Exchange of Singapore, expects to launch its initial public offering by the end of next month. This was disclosed by the executive chairman
      ARTHUR LEE  -  536 words
    • REGIONAL COMPANIES
      • Article
        KLIH gets nod to buy Australian firm Kambrook
        372 16  -  Import says ITsian irm plans major posh Asian electrical appliance market 'Ffloml Surinder Singh in Sydney M ALA YSI AN-listed Kuala j f&mpur Industries Holdings tfOJH) has received approval Australia's Foreign In'vestment Review Board for its acquisition of electrical appli"ahdes manufacturer KamWtok.
        372 words
      • Article
        Lock icon Vickers Ballas sees robust growth for S'pore banks
        361 16 AFP {SINGAPORE] Singapore's banks are expected to achieve Must growth over the next «rce years due to strong local lending, business diversificaand regional activities. A Vickers Ballas Investment Research report received yesterday said the reselldown of banking following government jfybves to cool
        AFP  -  361 words
      • Article
        Merger deja vu for OCBC
        291 16  -  From Ho Kay Tat in Kuala Lumpur THE proposed merger of its Malaysian banking arm with Pacific Bank Bhd will not be the first time the OCBC group is diluting its interests in Malaysia to local parties. Pacific Bank itself was ma-jority-owned by OCBC for
        291 words
      • Article, Illustration
        S'pore regional HQ for Thai group
        500 16  -  Property-based President Park to start with F6B From Loh Hui Yin in Bangkok LEADING Thai property group President Park is using Singapore as a base for its regional expansion, beginning with its food and beverage business. And when the President Park group goes ahead
        500 words
      • Article
        OCBC-Nisp venture a long-term move
        368 16  -  Analysts don't expect any significant impact for some time By\ Siow Li Sen [SINGAPORE] THE joint venture OCBC announced yesterday with Indonesia's Bank Nisp will help it expand its regional business, say analysts, although they do not expect any significant impact for quite some time
        368 words
      • Article
        Groundbreaking for Sembawang unit's venture
        205 16 [SINGAPORE] A groundbreaking ceremony was held yesterday for a $350 million joint venture project which will be the first common centre providing third-party utilities, storage and terminal services to chemical companies on Jurong Island. The project Sempec Utilities Terminals Pte Ltd (SUT), will supply steam,
        205 words
      • Article
        Lock icon Good profit brings life back to AV Jennings' stock
        341 16 Bloomberg Business News [SINGAPORE] AV Jennings Homes Ltd, an Australian home builder, was until recently one of the sleepier stocks on the Singapore exchange, regularly going for three or four days without trading. That changed after the company, once known as
        Bloomberg Business News  -  341 words
      • COMPANY Briefs
        • Article
          SML to buy 3 foreign firms
          44 16 [SINGAPORE] Sombewang Maritime lid (SML) hat m i»« ia. A ennrn into i coocunoiisi sgreeowot whaamiii mii Howard Smith group to boy Quw product Itnltft rehwim "K ffwHpftfmTtfl ind ftiMtrtftftWlinm NavlfßtkK Company. purchase will oast JHMI4. v r
          44 words
        • Article
          TBM sells Ballan Gruba
          47 16 [SINGAPORE] YeoHiapSeiighae disposed of its share in PTSallmGraha Food Beverage Company for Sallm Graha wu pravkxnly a 25-per cent uwoid associate fbodandbevwafsoomptny. YHSalsosaidiiM m appointed Iran Stow ClissVun as vfcfrprssidept of business development Ihra May 16,1985. Mr fcrmerty operation* diiecSor of Allied (HK).
          47 words
        • Article
          DBS preference shares
          28 16 for payment on July 1. For every MJOODBS CPS, thitj! ww ypfttr'tiiy thtt 1 A 1 nottasofthefourth Instalment will be wnttoall DBS CPS bokhcibytoaarrof. Tr
          28 words
        • Article
          Acer William La as chairman
          19 16 1 yUlßrtfly fluffwtßiam i n mwftfttn ptainwn. w mijtjr l¥fvtowcbslr««iSlSßBlittiriß*laiOßtl»bpeiilaM director. v >„ fc*vW?k:irf»ii<«r!',t'j6 WhistZfsfr
          19 words
    • COMPANIES
      • COMPAMY Briefs
        • Article
          Lock icon Xiamen Airport to list in Shanghai
          59 17 Reuter (SHANGHAI] Xiamen Airport Development Co Ltd, an airport service company, will list 27 million A shares on Friday on the Shanghai Stock Exchange. The shares were issued last month at a price of 8.80 yuan per share and proceeds are being used to
          Reuter  -  59 words
        • Article
          Lock icon Apple to link with Founder in China
          63 17 Bloomberg Business News (HONGKONG] Apple Computer Inc will link with Founder (Hongkong) Ltd, China's leading electronic-publishing software company, to distribute computers and develop software in China. The alliance allows Founder to provide clients with publishing solutions baaed on the latest Apple technologies while
          Bloomberg Business News  -  63 words
        • Article
          Lock icon Nissan posts 53b yen loss
          56 17 AFP [TOKYO] Nissan Motor Co Ltd posted a group pre-tax loss of 53.4 billion yen (*****.2 million) for the year to March, down on the 2233 billion yen loes posted a year eariier. Japan's second largest carmaker and world No 5 said revenue rose 4
          AFP  -  56 words
        • Article
          Lock icon Zoloto to raise record US$60m on AIM
          55 17 FT [LONDON) Zoloto Mining, a UK company, is to raise about US$6O million (5584.6 million) on the London Stock Exchange's Alternative Investment Market to develop a gold mine in the Amur region in Far East Russia. This will be the biggßSt sum yet
          FT  -  55 words
        • Article
          Lock icon Minister orders action against Reliance
          40 17 Bloomberg Business News {NEW DELHI] Indian Finance Minister Jaswant Singh ha* ordered action against Reliance Industrie# Ltd, the country's largest private-sector company, and its registrar, Reliance Consultancy Services, for registering share ownership incorrectly.—Bloomberg Business News
          Bloomberg Business News  -  40 words
      • Article
        Lock icon British Telecom to cut business users' rates by up to 36%
        349 17 Move expected to save businesses £220 m each year Bloomberg Business News [LONDON] British Telecommunications pic said it will cut the price of domestic and international calls for British businesses by as much as 36 per cent, exceeding its
        Bloomberg Business News  -  349 words
      • Article
        Lock icon Profit up 23% but Hitachi expects a fall next year
        169 17 AFP [TOKYO] Japan's Hitachi Ltd said yesterday consolidated pre-tax profit rose 22.9 per cent from a year earlier to 348.6 billion yen (554.65 billion) in the year to March, but declining chip prices were expected to eat into earnings. It
        AFP  -  169 words
      • Article
        Eu Yan Sang (Hongkong) holds a stormy AGM
        474 17  -  Minority shareholders blast firm for con tinning to trade with litigious rivals From Quak Hiang Whai in Hongkong MINORITY shareholders of Eu Yan Sang (Hongkong) staged a walkout from the Hongkong-listed company's annual general meeting on Monday after taking the company to
        474 words
      • Article, Illustration
        Lock icon Breaking new ground in Hanoi
        63 17 [HANOI] Vietnamese officials and foreign partner? shovelling soil during the ground-breaking ceremony of the US$4O million (Sss6 million) Hanoi Plaza here yesterday. Harmony Property Group, an arm of Christiani and Nielsen (Thailand) pic, has a 45.5 per cent stake in the project Vietnam Fund has
        REUTER  -  63 words
      • Article
        Lock icon Deutsche Bank net profit rises 32%
        142 17 Bloomberg Business News [FRANKFURT] Deutsche Bank AG said net profit in the first four months to April 30 •rose 32 per cent to 770 million marks (Ss7o3 million). Germany's largest bank said operating profit during that period rose 26 per cent from a year
        Bloomberg Business News  -  142 words
      • Article
        Lock icon Acer Peripherals' IPO only 43.3% taken up
        324 17 Remainder to be placed with overseas and local institutions Bloomberg Business News [TAIPEI] Local investors took up just 43.3 per cent of the initial public offering of shares in Acer Peripherals Inc, a computer monitor-making affiliate of computer maker Acer Inc, by Monday's
        Bloomberg Business News  -  324 words
      • Article
        Lock icon HK investment firm's shares 158 times subscribed
        329 17 Response expected jus more assets are likely to be injected into company SCMP [HONGKONG] Shanghai Industrial Holdings says it has attracted applications for 158.3 times the number of shares available for sale in Hongkong. The issue received 7,037 applications for 3.67 billion shares
        SCMP  -  329 words
      • Article
        Lock icon Shangri-La's deal likely to depress stock
        278 17 Reuter [HONGKONG] Hongkong hotelier Shangri-La Asia Ltd's deal to take over parent Kuok Group's China hotel projects may be an astute long-term move, analysts said. But they warned yesterday that the resulting short-term dilution of earnings per share would keep the stock under pressure.
        Reuter  -  278 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Legal tussle threatens to disrupt BCCI payments
        468 18 USs2b in balance as tiacemboorg authorities and liquidators filagree over rules FT [LONDON] A legal dispute is threatening to disrupt the long-awaited payment of up to Usg billion (Ss2.B billion) to more than 100,000 creditors of the failed Bank of Credit and Qgfcittnerce
        FT  -  468 words
      • Article, Illustration
        Lock icon Commercial Union out to boost life insurance business in Asia
        448 18  -  By\ Soh Tiang Keng [$j|SGAPORE] Britain's Commercial Union (CU), which writes general insurance busiin Singapore, plans to sjWjl'up activity in its life management unit. <«&U chief executive John Qjwtor, who is here on a visit, tOidvßT that the Singapore unit
        ARTHUR LEE  -  448 words
      • Article
        Lock icon M'sia launches its second financial futures bourse
        284 18 first three-month Klibor futures contract makes debut on MME Bernama &UALA LUMPUR] The Malaysia Monetary Exchange (MME), the country's second financial futures bourse after ihe Kuala Lumpur Options land Financial Futures Exchange (Kloffe), was launched Yesterday morning, amidst pomp and splendour, by Depu--3$
        Bernama  -  284 words
      • Article
        Lock icon Govt figures show extent of city banks' bad loan problem
        151 18 Bloomberg Business News [TOKYO] Japan's 11 money centre banks, or "city banks", had a combined 4.1 trillion yen (5552.34 billion) in bad loans to non-bank affiliates as of last September, the Ministry of Finance said. That's 31 per cent of
        Bloomberg Business News  -  151 words
      • SMALL Change
        • Article
          Lock icon Taiwan Semiconductor gets nod for GDR
          45 18 Reuter [TAIPEI] Taiwan's Securities and Exchange Commission said it has agreed to allow Taiwan Semiconductor Manufacturing Co to issue global depositary receipts worth U*****.4 minion (SsBs9 mUlion). The statement did not say when the GDR issue would take place.—Reuter
          Reuter  -  45 words
        • Article
          Lock icon Westpac buys Mortgage Corp's portfolio
          55 18 Reuter [WELLINGTON] Westpae Banking Corp said yesterday it has bought Mortgage Corporation's mortgage portfolio, valued at around NZ$24O mUlion (*****.6 million), through its subsidiary The Home Mortgage Company. Westpae also said it would cut Mortgage Corp's floating mortgage rate to 10.9 per cent from the
          Reuter  -  55 words
        • Article
          Lock icon Indon rules for mutual funds released
          52 18 Reuter [JAKARTA] Indonesia's Capital Markets Supervisory Agency (Bapepam) yesterday released the first detailed regulations for mutual fluids. The agency's chairman I Putu Gede Ary Suta said the new regulations elaborated on stock exchange rules released in January and include guidelines on how to value
          Reuter  -  52 words
      • Article
        Lock icon China frees rates on renminbi interbank market
        239 18 Reuter [SHANGHAI] China's central bank is freeing interest rates on the national renminbi interbank market in a key move towards making the country's bank interest rates marketdriven, Chinese bankers said yesterday. The People's Bank of China (PBOC) will abolish from June 1 ceilings
        Reuter  -  239 words
      • Article, Illustration
        Untitled
        1208 18 nmmiw cpmubkjt kato 4pm, May 28 Afotat S$ Afatat IB! Afotasttt AfoiwtUtt CmwdM M Offor M Off* Corrotloo aw Off* Ml Off* S$WSt to am urna of*»*i§n airrmep: StASt to 1*0 mtUt ottorrtgn eurrmep: AaatraOaa Mar 1.1205 1.1220 0.7*34 0.7939 fraactfraac 27.0002 27.0245 19.R79 19.010 trrfr- Mar ***** 1.0299 0.7207
        1,208 words
      • Article
        Lock icon Euroyen up on stop-loss buying
        231 18 SSMSLReport Reuter [SINGAPORE] Simex Euroyen futures ended higher on stoploss buy orders and expectations of weak economic data. Dealers said December Euroyen rose to a high of 98.95 as active buying by hedge funds triggered stop-loss purchases around 98.89 and 98.93. The contract ended at
        Reuter  -  231 words
      • Article
        Lock icon CURRENCY REPORT
        162 18 Reuter AFP London THE dollar/yen climbed back above 108 yen for the first time in six weeks as further indications that Japanese interest rates would remain on hold for now combined with tensions in the Korean peninsula to weaken the Japanese currency. The shortened bank-holi-day week in the
        Reuter; AFP  -  162 words
      • Article
        Lock icon Turkish team in Iraq to inspect oil pipeline
        309 18 ENERGY REPORT Reuter [BAGHDAD] A Turkish delegation left Baghdad for Kirkuk in northern Iraq yesterday to inspect a pipeline to be used for oil exports under Iraq's oil-for-food plan with the United Nations, an Iraqi oil official said. The official said the
        Reuter  -  309 words
    • Article
      COMMODITY PRICES
      1471 19 8ICOMFIITUKB8 May 28 RWKt(M*wdoMa«atMOaa> RSS1 CONTRACTS cmtoflq) On Mm OpM M—Hi Mjfe Uw Stt (tlHl) tatarwt JIM 96 219.75 100 100 MM 214.00 2H00 2R25 200 2125 A*96 ***** 211.50 212.00 100 2480 5*9* 209.00 209.00 209.50 100 3450 Oct/Dac 96 ***** 200.00 200.00 190 ***** JaAhr 97
      1,471 words
    • Article
      WORLD STOCK MARKETS
      2196 19 sals BBSS" 381 StocUntaEOMX tJ57A2 -14* Sag®* t 3£ III—I ll> Ifl 15,775 -It AmtwMmrCOC S6*.K> «440 ZwtcteSMt a3#M Jo-bur* JolwiHwJ 7.B67* *nt MMIY Humm TttMlkmCMW S.23S33 INw V Wii: Oow skm#s ctolltf LONDON ima Noca *h A. A. Corp Adr 633/4 unch AB Ports 284 -2
      2,196 words
    • Article
      Lock icon TOKYO
      1555 19 Reuter O Nikkei 225 ♦244.77 STOCKS closed higher as the market was cheered late in the afternoon by a fresh money inflow from Japanese public pension fluids. But brokers said participants were sidelined for most of the day after worse-than-expected company earnings forecasts. The 225-share Nikkei Average ended up
      Reuter  -  1,555 words
    • Article, Illustration
      Lock icon HONGKONG
      1641 20 Reuter P Hang Stag *2633 STOCKS closed a dull Tuesday with mild gains as the bourse groped for direction with New York and London on holiday overnight, brokers said. The blue-chip Hang Seng Index gained 25.33 points to 11,107.02. The All Ordinaries Index put on 9.93 to 5,300.78. Turnover
      Reuter  -  1,641 words
    • Article, Illustration
      Lock icon CHINA
      600 20 Reuter PShanghai ß Store hlg 411 THE Shanghai B market eased in slow trade on weak sentiment after falls last week. The index slipped 0.21 point to 49.04 on volume of 2.7 million shares worth US$l million. Brokers said investor confidence was weak after the index fell last week
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  600 words
    • Article
      Lock icon TAIPEI
      361 20 AFP QWPhfci -38J1 SHARE prices finished lower as more investors retreated to the sidelines. "Some investors were forced to sell their stocks at lows amid diminishing buying interest in the market," said an analyst. The Weighted Price Index fell 38.91 points to 5,859.54. Turnover was 1.1 billion shares worth
      AFP  -  361 words
    • Article, Illustration
      Lock icon JAKARTA
      672 20 AFP QCompodte Index +QJ32 SHARE prices closed higher ta moderate trading, with foreign investors mostly sidelined, dealers said. "Most of the aggressive buying today was from totals," a dealer said. "Foreignfrs have been sidelined, except for some buying in the banking, property and cigarette sectors." The Composite Index was
      AFP  -  672 words
    • Article, Illustration
      Lock icon BANGKOK
      820 20 AFP O SET fata -3jOO SHARE prices closed lower due to profit-taking by local investors after the announcement of a new Cabinet lineup. "Local retail investors are taking profits after the index gained steadily for three consecutive days in anticipation of a new finance minister," said a dealer. The
      AFP  -  820 words
    • Article
      Lock icon MANILA
      338 20 AFP □mail* -&34 SHARES closed lower as investors took profit ahead of the release of key economic indicators later this week. The PSE Composite Index lost 8.34 points to 3,247.76. Turnover was 6.9 billion shares worth 2.6 billion pesos. First quarter GNP figures are expected tomorrow, while the inflation
      AFP  -  338 words
    • Article
      Lock icon SEOUL
      400 20 AFP -H22 SHARE prices closed lower as blue chips met renewed profittaking pressure amid technical glitches on the bourse. "The absence of inspiring factors turned the market skittish after a one-day rebound. Today's computer breakdown further dampened sentiment," said a trader. The Composite Price Index slid 14.22 points to
      AFP  -  400 words
    • Article
      Lock icon SYDNEY
      613 20 AFP HlllOrflMria* +L» SHARE prices closed firmer in a subdued session as overseas investors remained sidelined. The All Ordinaries Index rose 1.6 points to 2,262.7. Turnover was 287.0 million shares worth A 5377.6 million, with falling stocks outnumbering those advancing at a ratio of about four to three. Resource
      AFP  -  613 words
    • Article
      Lock icon WELLINGTON
      274 20 Bloomberg Business News PWcUington -1150 SHARES fell, reaching their lowest level in four months as interest rates hovered near 18month highs. The NZSE Top 40-share Index fell 12.50 points to end at 2,046.96. Bloomberg Business News ma *h rwoi ANZ Banking 6 94 -0.06 9524 Advantages HMgt 1.92 -0.06
      Bloomberg Business News  -  274 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Stock prices rise on March trade surplus
        7727 21 KUALA ZJSKFURReports Bloomberg Business News n|CoinDoateliide» +L2B STOCKS rose on news that Malaysia posted its first monthly trade surplus of the year in March. "The figures were better than expected and that's positive news for the stock market," said an analyst. "This will
        Bloomberg Business News  -  7,727 words
    • WARRANTS & OPTIONS
    • Article
      CLOB INTERNATIONAL
      2269 22 MALAYSIAN STOCKS T' *-,V v5I*;:* i Or Or ffM Last V* On Last OlMtt Dlv Mv YM NK MCflp HIqIi Lm Mm Canpaay Sal* OOOOl M0| Law Bwyar laBar Cw W W 425 IM SCH AISBSOc MO -4 71 M M4 MO 4M 5.0 41 0.4 III 400.0
      2,269 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        326 23 1UM0VH (tOO) YMW fOM) .it i! i f ft K J I MAM TOTAL 3= —f-fl HI HI s: 1:1 t j 111 cr s s s sa. *8 -s *8 V T 1 3 S MM*I mum -mm KM|M *m -M mm anmm mm» Mm mm 9mm mut «t»
        326 words
      • Article
        MAIN BOARD
        4256 23 Or Or M Wt 1998 tddt VI Day Laat Ovate Ot* Mr VM MM Cm A«g w» u» MW» Ci—wy Ml roow m» u» —r* Sea* p» wi w 5144 ASC NTSK) 200— US* 214 ws UM Acer30c_ USUI unch 223 02 Wt. wi W3 ion 7i 10
        4,256 words
      • Article
        SESDAQ
        761 23 •r 4r MM KM LMt Ml Ml UMMl M* Mr VM Nat Cm M MM* t— M» Mi rOQOO MM> U» MMr Clr W MM Utaa 2M 214 a 2000 AMHMqiSc 242 cd 241 249 XO 142 0.1 1913 Wi 243 2M m 4 2001 AiMMMISOC S9 ff 10
        761 words
      • Article, Illustration
        HOT STOCK
        61 24  -  Paul Leo AZTECH Jell 0.5 cent to Bts cents yesterday with 5.31 million units done it times the 10-day average of 181.100 shares. The strong volume with the mall deeiim indicates buying support above BO omit. This is not surprising given wot the aU-Wnt low ts onfyftvi cents
        61 words
      • Article, Illustration
        News of Malaysia's trade surplus gives stocks a lift
        804 24  -  Seme market watchers, however, feel that farther pteiliie news is needed before serious money will flew into the market By R Sivanithy [SINGAPORE] News of a Mssoo million (*****.5 million) Malaysian trade surplus for the month erf March yesterday gave a
        804 words
      • ON THE GRAPEVINE
        • Article
          Pain in the jaw
          109 24 THE Bank ofThailand typically uaee "jawboning"—what Peregrine Fixed Income deacribes as a form of moral suasion -where the central bank pleads With ar threaten Thai banks to keep lending rates high when the market amid have it otherwise. But thle jawboning hae not worked, as indicated
          109 words
        • Article
          The new landards
          52 24 ONE company's actuary was shocked by what she found while looking around for a place to rent. Hits person had sold her property and was looking for a temporary abode several HDB Oats showed to her were owned by Hoogkongers. She wm surprised by this emerging class
          52 words
        • Article
          Fears after the borse has
          71 24 FOLLOWING a recent story about a woman vlmm property was used Id seMN*ien^V^ has been getting quite a lew anxious calls from bar clients. These clients—mainly 4 f* flMPce companies aadafow banks—are taken out by their customsrs could be fhuidulsnt This lawysr says spparsntly it
          71 words
        • Article
          Japan rates won't tip further
          131 24 AFTER years of km Interest rates, the Bank of Japan is unlikely to feel troubled if rates crept up a little. This is the view of Deutsche Morgan GrenfelL The reason? Balance sheets of corporations have bsen on the moid due to a sustained rise
          131 words
        • Article
          run
          46 24 mill hi— iuntlmilw Mj[>inliip(i Exasperated with no longer akkre T i ißtfae Mat M dkofr hastening tomato «httt«ad ruaT*. t nili lnl.pochwtto gotog to wall aiwmdto makskogtsnn pOm. ll* now ttSkHum to £4 taka profited- aay gajnabow S p«- e«rt worth a nm, he says.
          46 words
  • Page 15 Advertisements
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      277 15 The new commercial hub of Singapore Close proximity to quality hotels, shopping complex, MRT station and the proposed LRT for Marina District Attractive rental packages now available For lease from 1000 sq ft onwards •6 Battery Road :2000-*****sf *11 Keppel Road 5800 -***** sf •8 Robinson Road 2411 sf •76
      277 words
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      122 16 The Most Comprehensive On-Line (No Batch Processing), User Friendly and Flexible Includes BILLING GST RETURNS FINANCIAL MANAGEMENT (GL) ACCOUNTS RECEIVABLES (AR) Accounts payables (ap> INVENTORY (TRADING MFG) Also capable of yj ANALYSIS MANAGEMENT REPORTING (MIS) SALES/PURCHASE ORDERS L/C MONITORING SEVERAL OTHER ADVANCE SYSTEMS eg. TRUE MULTI-CURRENCY (Party ledger in Both
      122 words
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      60 17 A BLUE CHIP INVESTMENT 2 RAW SQUARE. STRATH FIELD SYDN EY. AUSTRALIA New 12 year lease to Vodafone (Major Telecommunications Carrier) Net income $920,000 per annum Close to Olympic site (S Tenders Close 27 June, 1996 o z Contact: David Ling or John Forrest 45th 46th Floors, Shell Tower -5
      60 words
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      Page 17 Advertisements Column 2
      125 17 FOR SALE BY INTERNATIONAL TENDER Ttadtrs (lost at 3pm, Thursday 20th Jim, 1996 t the officts of Joaes Lang Woittn. WAVERLEY GARDENS if f I i t d f k t j i i i j J I READY TO GROW WITH MELBOURNE'S ;5 FASTEST-GROWING REGION Established centre with successful
      125 words
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      32 20 Exceptional Character. I JOAILLIER EN HORLOGERIE PiageT Riaget Polo, 18 K gold. "I Ing h movTmcm PIAGET Boutique: »01-098 Ngee Ann City Tower B, 391 Orchard Rd, Singapore *****4. Tel: 732 6831
      32 words
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      28 21 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.
      28 words
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      Page 21 Advertisements Column 2
      25 21 I by dedicated Old Masters. S >r m Now available in limited numbers. |g| Rare Gems Polish Excellent factu jeu ellers Sin e 1919 jw
      25 words
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      65 22 ixw Time makes the difference. m h 3/MB soi*Aa*nt- DICKSON WATCH JEWELLERY (S) PTE LTD I Hi. a«• 1 A subsidiary [>CKSON CONCEPTS (INTERNATIONAL) LIMITED DICKSON WATCH A JEWELLERY: THE PROMENADE 300 Orchard Road #01-03 Singapore *****1 Tel *****00 y CENTREPOINT-176 Orchard Road #01-05/06 Singapore *****3 Tel *****22 SUNTEC CITY
      65 words
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      112 23 Need cash for any worthwhile purpose? At Hong Leong Finance and Singapore Finance, we give you cash for your shares almost immediately. This is all you have to do: So, why keep your shares tucked away? Use it for a million purposes. Call us Stop by any Hong Leong Finance
      112 words
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      114 23 lb: SPH Audtolfcx Department Singapore Press Holdings Lid 82, Gearing Lane Singapore *****7 Td 740-1493 Fax: 740-2216 I wish to subscribe to the Quick Stock's Portfolio Manager as follows (pfeaae tick the appropriate box; prion include GST). Subscription Period a 12~-». Qsmm*. atSKMt atSMMI utSS2SJ» Payment Options (Norm 1) Credit
      114 words
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      1389 24 Singapore dosing Slum Pile— 28/05/1996 CLOSE PREV LOW HIGH tlHlt US$ US$ US$ US$ \llMr Jsrdins Mathason 8.05 8.10 848 8.10 IffUQWI Javdina Strategic. 3.00 3.00 2.06 3.08 LVHQF AMy Farm 0.88 0.88 0.86 0.88 Hongkong Land 2.23 £26 2J22 2.26 Mandarin Orlawtai 1.32 1.34 1.32 1.32 BfiUSilUa Jardine Strategic
      1,389 words
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      Page 24 Advertisements Column 2
      89 24 ll^' THE n BUSDffiSSfTIMES AfaoH •te«*fcniaJ«ifcfcM*flffcNi jStart my (Subscription now! I (12 Mrthi far loaf) (tkmtiuM i iuwi* "»i»| Kbne(MriMn*«Dr*): I Addrac I I Telephone No (H): jec* I Or llfcffuft j JI wm id abate far wMhix9 j ladn i DSlikphif Ufa □USJbr*<Htd»«nau&fp*b«* j pH— dap tofA—MdDhwttewrt 1 j
      89 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      310 25 Knight-Ridder Reuter TALK of weakening export sales, cancellations and the possibility of China beginning to export corn caused some concern. There were also rumours that Japan would cancel some exports for old crop delivery. Elsewhere, shipowners continue to maintain a bearish attitude towards the future Pacific and Far
      Knight-Ridder; Reuter  -  310 words
    • Article
      MARITIME STOCKS
      237 25 mm n *f- w CWTWdiaiton t4* Midi 3* CI—HIM 10* undi 43 Caaco Invwtmant —1.73 mi *45 undi 231 FraMNUnks am -OOB 10 oiXimm ut -am r MiMHw to* MCk 90* HftscNZaaan _099S MlCfc 40 iirt4MbiM MK iifl J»y*llil«Hi U2 «MCh SSSfgjwM 7.95 4H m U -010 *4*
      237 words
    • Article
      SML buys Aussie tanker business for A$12.6m
      436 25  -  By\ Rahita Elias Dilmtm Navigation group to act aa SML's springboard into SMtkPadfie market [SINGAPORE] Sembawang Maritime Ltd (SML) is breaking into the tanker business through a A 512.6 million (5513.8 million) acquisition of Australian conglomerate Howard Smith's Dilmun Navigation group. SML said
      436 words
    • Article
      Lock icon Daewoo pays US$53m for 51% stake in Romanian yard
      200 25 Reuter [BUCHAREST] South Korea's Daewoo Corp showed on Monday it is prepared to put its money where others fear to tread spending US$53 million (5574.2 million) for a majority stake and control of a Romanian shipyard. After months of wrangling and
      Reuter  -  200 words
    • Article
      Why no number of IMO measures will prevent tragedies
      746 25  -  STRAIT TALE By I Seafarer IN THIS REGION we are all too aware that sea travel can be unacceptably dangerous. Or at least we should be. Recent tragedies in the Philippines have spurred the authorities there, at the highest level, to
      746 words
    • Article
      Global Alliance not moving to Batam: report
      302 25 [SINGAPORE] The Global Alliance has deckled not to relocate its operations to Batam, and the chief executive officer of the Batam Industrial Development Authority has laid the blame on "a neighbouring country", said a report in die Indonesia Times. Soeryohadi Djatmiko was also
      302 words
    • Article
      Lock icon China loan
      44 25 Reuter [BEIJING] Kuwait wUI lend China US$l4 mUlion (5119.6 million) for development of a southern port under a loan agreement signed on Monday, the Xinhua news agency said. The loan would be used for a project in southern Guangdong province's Huizhou port
      Reuter  -  44 words
    • Article, Illustration
      S'pore port posts 8.8% rise in 1st qtr container volume
      388 25  -  Grvwtknmckkigker tbuiHMg^oß^s2% By Yong Mei Fong (SINGAPORE] Container throughput at the port of Singapore showed a year-cm-year increase of 8.8 pa* cent to 3.03 million 20-foot equivalent units (TEUs) for the first quarter of this year, according to statistics released
      388 words
    • Article
      Lock icon ACL re-routes feeder service
      146 25 MBT [KUALA LUMPUR] Advance Container Line (ACL) has rerouted its feeder service along the Port Klang-Belawan-Singapore sector. The new ACL route is now Singapore-Port Klang-Bela-wan-Port Klang-Singapore, compared with the previous Singapore-Port Klang-Bela-wan-Singapore route. Outbound cargo to Bela- wan are mostly manufactured goods while inbound cargo are
      MBT  -  146 words
    • Article, Illustration
      Grleam of silver on the horizon
      1101 26  -  fXONGKONO'S CONTAINERISED TRADE: SLOW QUARTER AND STORMY CLOUDS AHEAD Hongkong's port began the year slowly for a few reasons, such as the fall in Chinese exports, however this, and the threats of China developing its own ports and setting up direct links with Taiwan,
      1,101 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      421 26 PAGE Ethiopian 6 A£l 17 EuroHwu 6 AFTShpg 17 [w rMI 6 AML 3 Evcrfrtaw 18 API M 1 AM* 7 FMC 13 t Accord Ahrenkiei 4 4 Feedertrans 18 3 FoongSun 8 Austral 9 16 frf Bnriti 7 rn worm B'tang Mas
      421 words
    • Article
      SHIPPING GUIDE
      15195 34 EXPORT CTA ETA Advertiser VdMdl Voyaga TaMpAono ETA ETA Advartlsar Vtu* Voyaoa TMUmw SM OMt'n Namo Noma N—Bar IB—Bar SM DdoTn Nama Nmm Mwhr N—lir HMHMBWKaiaPmnaMlHBHMBHaanMHMH JO/OS 07/04 Hanjln XOUR GEMINI V4N 45 *****24 A 30/05 00/00 Multilin* XOUR GEMINI «t 45 *****11 W WM Xo«r KOTACAHAYA CAHB7
      15,195 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        715 43 V***L V«v Mo Jortfc Afrt»«l Doporti mm» mm wts* mm '*x» *nmii zroi/iM k JOS riMpMt rrotma M "MM 23/* JOI Ma(S<t 27 04/0401 M •>«•*? 1/* JOI rilMllll 27.04/M8 MtMM MM* JOI 27.04/800 M im m mom joi iiiuini zr. ot/mo M M 2VH JOI iMfa* 27
        715 words
      • Article
        CONTAINER SCHEDUT-Wg
        1751 43 RECEIVING OF EXPORT FCl CONTAINERS AMD LCI CAROO •Mfttaf/MMC* Rstto SMp Voy W» Etfc/ttr NrlM From Tt Fr— »ujnt aa joatoo a/w a/w a/w J iww nm him I a/BM WWW nm* «U Mm «MI J0/*00 U a/IM flMH 2MW a a/IM worn n/oooc i Mm n/m ivnn
        1,751 words
      • Article
        COCKETT BUNKER MARKET REPORT
        807 43 THIS report, compiled by Cockett Marine Oil Ltd, shows price ranges in US dollars instead of single prices for a more comprehensive description of the market. Prices shown are based on average-sized stem. Market movements are Indicated. The Cockett Bunker Price Index change and the individual
        807 words
      • Article
        GLOBAL HOLIDAY
        335 43 Bangladesh.: Muharram. ■ATM Croatia: Statehood Day. ■AT SI Malaysia: Buddhist holiday. Singapore (SIMEX remains open). VesakyDay. Thailand: Wisakha Bucha Day. JDMBI Malaysia: King's Birthday. Sri Lankan: Market and Public holiday. JUNB2 Indonesia: Buddha's Birthday. (Note: this holiday may be held on Monday, June 3). JUNE 3 Greece: Holy
        335 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        Lock icon Freedom Air to charter extra jet
        139 44 Reuter [SYDNEY] Air New Zealand Ltd's budget Trans-Tasman airline, Freedom Air International, said yesterday it planned to charter an extra Boeing 737-300 to extend capacity on its Queensland to New Zealand routes in June and July. "Although we are only talking about four flights
        Reuter  -  139 words
      • Article
        Lock icon Shorter Japan to Beijing air route given green light
        345 44 Rights, starting next month, will take one hoar less and fares are likely to drop NYT [TOKYO] A new short-cut route has finally been approved from Japan to Beijing, and flights from domestic airports will take 60 minutes less than they
        NYT  -  345 words
      • Article, Illustration
        Lock icon Fire on ValuJet plane 6 minutes after takeoff
        295 44 Washington Post [WASHINGTON] Fire had broken out in the passenger cabin of doomed ValuJet Flight 592 and passengers were apparently having trouble breathing just six minutes after takeoff from Miami, investigators said on Monday following a preliminary reading of the DC-9*s cockpit
        Washington Post; REUTER  -  295 words
      • Article
        Lock icon Transaero to launch tender for new planes in June
        229 44 Russian and western aircraft makers can take part Reuter [MOSCOW] Russian private airline Transaero will launch a tender for new planes next month open to Russian and western aircraft manufacturers as part of its plans to expand its fleet. Transaero's president
        Reuter  -  229 words
      • Article
        Lock icon Varig to fly between industrial cities of Brazil and Argentina
        272 44 Bloomberg Business News [SAO PAULO] Brazilian airline Viacao Aerea Riograndense SA plans to start flying between industrial cities in Brazil and Argentina to take advantage of increased trade between the two countries. Varig, as the airline is known, will start
        Bloomberg Business News  -  272 words
      • Article
        Lock icon Mercedes to raise sales of commercial and passenger vehicles in Asia
        256 44 Reuter [SINGAPORE] Mercedes-Benz aims to substantially boost sales of both commercial and passenger vehicles in Asia, Albrecht Branding, managing director, commercial vehicles for Mercedes-Benz Asia Pte Ltd, said yesterday. "Turnover from Asia (for both commercial and passenger vehicles) in
        Reuter  -  256 words
      • Article
        Lock icon Maersk chiefs in Estonia to finalise sale of airline
        178 44 Reuter [TALLINN] The heads of Danish carrier Maersk Air A/S are to meet officials of the Baltic state of Estonia as they finalise an agreement to buy the country's airline, Maersk's partner in the bid said on Monday. Maersk is holding
        Reuter  -  178 words
      • Article
        Lock icon 12 Russian firms set up aviation venture
        171 44 Reuter [MOSCOW] Twelve Russian aircraft companies and a large commercial bank have set up a joint venture, company officials said on Monday. Alexander Bezrukov, who will chair the new group known as Mapo, said it included aerospace design firms, military aircraft manufacturers, several
        Reuter  -  171 words
      • LOG Book
        • Article
          Lock icon Vietnam needs US$8b airport overhaul
          82 44 AFP [HANOI] Vietnam will need between US$5 billion and USIB billion to modernise its airports between now and 2010, according to a civil aviation department report quoted by the Tuoi newspaper on Monday. The money would be used to renovate 80 airports acroes the country,
          AFP  -  82 words
        • Article
          Lock icon US$365m loan for Air India approved
          54 44 AFX-ASIA [BOMBAY] Th> ministry of finance has approved a proposal by Air India to raise USt3SG million (SKB7 million) through external commercial borrowing, the Economic Times reported. Tlie newspaper said the loan, which Is being arranged by Chase Manhattan Bank, will finance the purchase
          AFX-ASIA  -  54 words
        • Article
          Lock icon Tax proposal to pay off Japan rail debt
          103 44 Bioomberg Business News [TOKYO] The Finance Ministry told the Ministry of Transport that the government will have to raise taxes or reduce the country's budget for bullet trains to generate money to pay off 27.6 trillion yen (*****.8 billion) In debts heki
          Bioomberg Business News  -  103 words
        • Article
          Lock icon Cathay to end Stochkolm service on July 1
          75 44 Reuter [HONGKONG] Cathay Pacific Airways Ltd said yesterday it would caaosl Its Stockholm service (tan July i doe to limited demand "There la only limited demand far thfai service and in today's highly competitive market it does not make commercial sense to
          Reuter  -  75 words
        • Article
          Lock icon SAS reaches 2-year accord with pilots
          73 44 Bloomberg Business News [STOCKHOLM] Scandinavian Airlines System yesterday said it reached a wage sgwwineut with its pilots that '.J. expiree in March, 1908. The agreement includee a general wags hike of 3 per cent and some changes in howdedsftons are made. Last week, the
          Bloomberg Business News  -  73 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1350 44 QTY FUSKT ETA FUOff CT» mmm S0442 L Qmw*«hk mem woo S0229 2220 *m*m S0009 2B0 S00I0 1020 |M? tAJA BUM nx IM VN74I OIO S0I76 1105 JUMtertM 0935 2300 S0IT5 W0 ¥***** 1410 GA093 1205 RLS34 2335 MM93 1405 TS400 0020 KLS37 1445 S032I 2355
        1,350 words
  • Page 25 Advertisements
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      16 25 HE'S box trade: Gleam of silver an the horizon Hongkong off to a slow start. Pafs2
      16 words
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      Page 25 Advertisements Column 2
      160 25 Shorter Japan to gron > |reen light Flights will take one hour less. Back Page I NOTICE 1 I It has been brought to the attention of Phili-Orient pit. I Lines Pte Ltd that there has been unwarranted H K I rumours in the shipping fraternity over their ill I
      160 words
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      1221 26 I OTMfW DemuATldM I I WOWTH /W«WSi~I I—CTttHMWCdMt I 1 wi |*w b»sn| u mVdIo» I mi mm ox >T I mdkdoiy Ivcsa Ivor Imm InMiMtIM^IMMMMMMIr -Jfiikmv fit— n -"W 11 —KW- A —i iirrM—n» "ii" ~u!» ~wm Tim *M> bm WM "*M bm" iM* bm I !!ffi I 5%
      1,221 words
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      Page 26 Advertisements Column 2
      206 26 Mambars of ttta Singapore Fraight Fonwrdars Association. 9 una* A wvtcH raprasantad by Mwbw at t» HmKy at lllafl/ AocrwMad Shipping Agents, National Shipping Aaaoc. SHIPPINCtTIMES Just talk to us... Iris Lim 740-2044 Tan Lip Chuan 740-1645 Jarrod Leong 740-2089 Philip Kota 740-2382 iffiSllMllliilllK OKTEM AKSOY 24MS RdnrVAtWBrTrWJK 1 AURORA
      206 words
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      Page 27 Advertisements Column 1
      943 27 EXPORT TO: TO: JEDPAH/UK/CONTINENT VOY wi JO rMM WHIM ITttVtN STON UN ALSO ACGPTMG CARGO POt: NBUOYD MNUMNDK 321* 01/04 21/0* 20/0* 17/0* 11/0* GIASGIOW, GRANGEMOUTH NRUOYOmOM 522* H/U 2S/0* 23/0* 27/0* AND SOUTHSHIILDS NIOUOYD HONGKONG 122* 07/0* 23/0* 25/0* 21/0* JO/04 m/lfl nnn mm M/Qt 20/0* 27/0* 24/0* 25/0*
      943 words
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      Page 27 Advertisements Column 2
      1891 27 HANJIN SHIPPING I cjmmws» iiMMM/vor mb II at «IWW I ior|oi in m m m Imb mI wc m |m m m Ira w .■■■hb m/m m/m I m/m" nm nm nm gw gg m/v m/m m/m b/m b/m b/m b/m I m/m b/m b/m b/m gg H\wmmntiif m/m m/m
      1,891 words
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      1071 28 wssa w IMMtfoit I cotomo jboah ma sammron mmm mggm unamii mm umwi awmPOWBS 'Ml I 11/? M M M jm mm l/t I m »/t n/* m I »"0? IJ~ _Sfl M M M mmms www V* I ?V* V* ZMZ_ MMBBHBS i ma I u aft n/t m
      1,071 words
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      Page 28 Advertisements Column 2
      1069 28 I NORASIAH I VRBBMLVOV ISM I ALQ LAB ML WL HAM MB ROT ANT PBL LNA I U VALUE WW I 47M I M M MM Ml MM M» MM —mi nai I mnmhoim m*-s aw tvir mm mat iw iw tw w morhomkom m iw ma tw tin nn
      1,069 words
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      Page 28 Advertisements Column 3
      491 28 JAPAM/HOMOKONO/STIUITS RBOULAR SCIWICC LOADING FOR PORT KLANQ/PENANO VEHEL YOY STOW P BUOMW W PEN tURABAYAOUEEW 1 HB «PT MOUNT Ag 3 HW H JIM BUH STONE 1 PJW B4JUN M JIM HTOKOM4 MJUW MJUW JUPITER J MJUW «7JUW MJUW I HNEMMBHT 71 MJUW MJUW I- I MITT* ESMERALDA MJUW MJUM
      491 words
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      1142 29 II Of STRAITS SHIPPING PTE LTD 10 Hoe Chiang Road #11-01 Keppel Towers MmMJim Slaiaporo 0»» I«»= 225J7M Fai: *****17 frfcA HEW GUINEA PACIFIC UWE gmgj sgpviCE OF china navigation CO) CARAKA JN M-22 VOOIOE 01 Jm KJm LaMan, Sandakan. Twn r MlffiTll rrrr mim STRAITS HOPE VOOI3E KJm 03Jwi
      1,142 words
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      Page 29 Advertisements Column 2
      2147 29 ALSO ACCEPTING TO ODESSA, VARNA AND CONSTAIfTZA VU UMASSOL ALSO ACOTIMGIO IWW, KNGHA2 VIAGiMOA L AL6WS VIA MAESBUL j I aamnimmm m ttuui/s** momemtt <f»i t»< COSTAM SHIFTING FTt 17D hmtmm+rnittt wfctcar f «i i<wm CKuummmmmk CmrntmSm iaaKMJ Mcwm ij+mmtjmm t »mtm Way #I/-M MS hw J lift hfcrfMMCBSM fTT
      2,147 words
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      469 30 NEWS FIASH "NEW AME SERVICE FROM EVERGREEN" EVERGREEN'S FORTNIGHTLY SERVICE TO GIOIA TAURO, FELIXSTOWE, BREMENHAVEN, ANTWERP AND THE BUCK SEA (VARNA, CONSTANZA AND ODESSA). EFFECTIVE VESSEL "NUOVA MEDITERRAEA" VOYAGE 0001-001W DATE 31 ST MAY 1996. ALSO ACCEPTING CARGOES TO PIREAUS, THESSALONIKI, ISTANBUL, IZMIR, ALEXANDRIA, UMASSOL, BEIRUT AND MERSIN VIA GIOIA
      469 words
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      Page 30 Advertisements Column 2
      949 30 VBSa VOTAfif SGP DM AMI MM lAN IWT lAI I VBStt VOTA« M «M MM MN WT IMOMMO 04M4HM 30/05 IQ/M 11/ M IVM IVTM I UN(OMOtO 0401OT* It/K M/ 05 71/05 W/05 OVO4 UMONMN *****37* 04/04 IVH I7M IMB 14/D4 HA* IVM UMtOMMA 0407WK 74/05 27/05 71/05 71/05 10/0*
      949 words
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      Page 30 Advertisements Column 3
      634 30 g RICHFIELD MARME AGENCIES PTE LTD TEL: *****33 (12 UNES) FAX: *****18/*****03 TELEX: R8 ***** RHMP (9 Lima) CRNO: **********0E ETHIOPIAN SHIPPM LMES J (NatloariLhKsafEftkpfc) ACCEPTING FCL AND CONVENTIONAL Vo* lETA I Loadtafl *or" 48WB 1 I s^BL w TWy w r Andntl 44M8 06/07 Mombasa, Pjixx/0 I Amb, Mmmwi
      634 words
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      608 31 BSA a. M MYANMA wBBk FIVE STAR UNE (My—ir NaHiad Um) lMfa| for YaafM (Rm«mb) tbm voi m fit fßi ku MOAN DIW MPT SU) NPA-A* H4W SI/IS MALAYSIA MOTS: KWSitAI SMPPNM AOBKXS ML m 014S-MI7SM ML 1H 01-OJ-J7**lol PMs Ift 01-04-Mll4Ol NOt IE 01-07-ISIISII/4 BANK LINE (A unfa W
      608 words
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      Page 31 Advertisements Column 2
      923 31 A HYUNDAI MERCHANT MARINE CO. UP. WESTBOUND TO EUROPE BKCb *****61 I pm Ipm Ipm I wssa/voT wr Iswlow Imt Ejj Imp mi m 10/ M Sl/M 01/ M M.MOMMO SIIW M/M 11/ M IS/M IS/M IS/M 13/ M IS/M M/M 07/ M M/M ftOAMB SIIW 10/ M M/M M/M
      923 words
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      Page 31 Advertisements Column 3
      407 31 (fc FAMOUS CONTAINER UNES 80 ROBINSON ROAD, #22-02 SINGAPORE *****8 HOT UNE: *****33 (30 UNES) 2 SAILINGS A WEEK TO MANILA FOR BOOKING *****33 CONTACT SHARON LOW P. KLANG PH: 0203/*****02 (10 LINES) PENANG PH: 0204/*****7 (10 LINES) J. BAHRU PH: 0207-*****22 QLOBEUNK FORWARDERS PTE LTD MHi mittMWrW IMMIFAXi »—W
      407 words
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      1309 32 KißfiHStfmSiSSil llvroE pw 55 35 |vSSE iwi «w i ~psi I^B i»« i-~ rr"jr—'" s c«l Lil M =£=7= >M IhH bm Qi/oa QWVWW an m_ JBZSi_ _Is«_ gg- 04^+ThHl55nM MATHU BMUM 280N Wtd In PI ott 01 AW llbuatba am iu am aum m/m JAnU BnUW i i MARC
      1,309 words
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      Page 32 Advertisements Column 2
      750 32 II I I I I I H 11 f I 111 H H 11 DUXTON HILL, SINGAPORI *****5 CR **********0N smuts SHurm ««via PORT KLANG PENANG I wr l m m mm. wr m m MMWi WW »*SJ« tt+SM Ml MM IMBIB m »/km masm jam m m/kw ~iteM «mh»
      750 words
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      392 33 TBOPICAL Wnldy intw hnfcii AnwHw* 0 c f>tr MAJESTIC MAUNEN MABBKWO6 MABQK96O6 Port Coonlry 29/05 05/06 City BJtz* 02/07 09/07 Manawn Batbodot 05/07 12/07 Colombia 04/07 11/07 Cartrm Si. Lucia 04/07 11/07 Fort 4i Franc* AAartiniquo 05/07 12/07 FrMpart Bahamas 30/06 07/07 King** Jamaico 02/07 09/07 fointeaftro GwoAluopo 05/07 12/07
      392 words
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      580 33 f PACIFIC INTERNATIONAL UNES (PTE) LTD I 140 Cad Street, fO3-00 PIL Bufltflng, Singapore *****0. I CRNO: **********0E it, b ftitUnmid [fr i niftin wwwßini j rivi mi II I I II I 111 I SSUi JKk -5S- "F i/L iBL J? q* A rift 1&d ar all j **********
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      656 33 |CR WO: 10M7SS0000Z VBWeL OWETU ItEHWWC HAMBURG TtIA—BPUHI ROTTBCRM AMUWPi? vbi*pbubra L-mt own 17/ M 38/06 mot ~—m am ©5w k WU£IX<fIUU AWM 11/06 WW 09fOT 03/07 WO7 5w QU7 OmOIWHH* CIMW 18/08 01/07 OM7 KM7 IMT lsw U/QJ VLLE DC SAOfTTA 81W 2&W~| 0»07 WV 17W I*o7 2007 »07
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      79 33 PRO LINE UMTTB)« CO MM. HAMUfK OONTAOm/nSAKBULK nVKX LQMNM FOR SOUTH AMERICA VOY l»« OUR SAIRES MO SANTOS ITVKKO OHJROf IYRAS ItS IMS MM 17«7 1417 MI7 PRO ATLMfTKA 114 MM mm IM7 TVfl 2M7 mo asia hi mm urn tvn mm mm FROM SOUTH AMERICA BSH- lITTA JLIV TO
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      93 35 //—VISA FREIGHT SERVICES PTE LTD I st.iM ISIK il Si ik c 1 1 'S J mi ror\i niwsrom riox non i Kl (,111 \K K( HI I' U■ I Kl L )\S( in I l( >\ IMl't >K I .S I M'UKI SI K\ k I S OCEANIA PORTS
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      Page 37 Advertisements Column 2
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      Page 37 Advertisements Column 3
      79 37 ROMUQ ROHLIG ZNTBRWOTONLALg) PIE LID ATTRACTIVE RATES TO: ETA Deadnattoo 03/06 10/06 Hamburg, Bremen 03/05 10/06 Fettxsfcme/London Other Porli 31/85 07/66 Johannesburg, Durban, Port Lovto 01/66 66/06 Sydney, Melbourne, Fkemntle WEEKLY CHINA OONSOUDAHON VIA HONGKONG 26/05 30/05 HKG, Guangzhou, Qtngdao, Global CapaUMlea PenoMl Service 34-A Tanioag Road StaMm* 0208 T«fc
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      1266 37 WIIMYTO I^s^ EAST COAST Nedlloyd Lines south amemca MNQAPOBE PHONE (GENERAL) *****88 RATE ENQUIRIES *****41/24*280 CFS (PHONE) *****10 CFS (FAX) *****23 TOEUMPf EVERT wwnjwl Sbi Saa lali Mm Aw* Hmb Orti LA LOIRE /1216 31/05 16/06 17/06 18/06 NLL NORMANOIE /3216 01/06 17/06 18/06 22/06 23/06 20/06 NLL EUROPA /5226
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      2625 38 19 UPf& ROAD #02-01 IT POM MLDMG SMGAfORC *****0 s ta MO-aiHumiQ/W) lllW aiSTOHB SBVW 225-1-22S DOOMOIttnONFAX 2M4444 nH CENBMUK nj-WU OBBMNUt 221-4412 Wc Carry Your Conjunct ***** 270-MU U6UVOKI Tn nnimi n»«mrn i rnrmrn mr—iir rniuwuimi mhuic m m|m *t \vamutiim U ONHB/WWH I»l m I ft* Imml a«
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      Page 38 Advertisements Column 2
      6 38 Singapore BusinessGiving you the winning edge
      6 words
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      499 words
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      Page 39 Advertisements Column 2
      1192 39 gjjig Hi* 5f gg* gjjT" SSs Sin tur mTs "W MM tuT ~2S» sSrs sS as- a»£ a aa a~™ M-jgy" >» X* *g MM JM» M. HONSHU IM KM MM Nil MJi lIJI lUt 19? JHJ HJ. HJ mimosa. nu mm• iim um mm mm mm mwn tm ism
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      Page 39 Advertisements Column 3
      577 39 A P M—- BAI QO N SHIP PI N Q THRICE WEEKLY DIRECT TO HO CHI MINH CITY Bgjjg TO ho CHI m,hh cm \,mpo*t f*om ho ch, m,hh city j mm ww wr IM' I BHRTT kmc vesa von iii iuvom J WW *14 WW mm M/M SI/M MM
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      869 40 TO E. CANADA US ATLANTIC US GULF LOAOMQ VOY SPORE I PJ(ELANG* HAUFAX N.YORK NORFOLK N.ORLEANS SAVANNAH TAMPICO HOUSTON HOEGH CLIPPER 0234 08/06JUN I 30MAY 24JUL 27JUL 30JUL 06AUQ 02AUG 10AUG 13AIM HOE OH DRAKE 0436 01/02 JUL 123 JUN 16 AUQ 19 AUG 22 AUG 29 AUG 26 AUG
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      Page 40 Advertisements Column 2
      227 40 Continental Pacific SUpphß El TIMBER PLYWOOD SERVICE TO U.K./CONTINENT KKU S PORE PW. LOADING FOR WORLD AfIETUS SLD SLD FLU/ROT/ANTAJR WORLD AJAX SLD 12AM FLU/ROT/ANT/UK 'Loads Sabali/lmlonetla C R NO. **********0H T., CONTIPAC SHIPPING PTE LTD j Tab 299M33/ Fan *****49 MC. MULIWORT SON BHD. TEL: *****09 TLX: HA *****
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      92 41 TOKYO SHINBI KAIUN CO PTI LTD H!!K1 10 ANSON ROAD *23-18 lltlll INTERNATIONAL PLAZA S*PORE 0207 TEL: *****28 (6 UNES) FAX; *****08 A *****10 C/Wi **********0E 1 SERVICE TO; FAR EAST/CHINA/EUROPE 03/08/96) TOKYO, YOKOHAMA, KOBE NAQOYA 03/06/96) OSAKA,USA 03/06/96) HONQKONG AND ALL CHMA PORTS 31/06/96) HAMBURG, ROTTERDAM SOUTHAMPTON ALL BOOKINGS
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      578 42 SINO IXPRISS SHIPPING (PTI) LTD. M M I 11 COLLVER QUAY #06-01 THE ARCADE SINGAPORE *****7. TEL: *****00 (4 UNES) FAX: *****08 TLX: R*****1 SINOEX tWOTUIH SHAM6WJU (CONTAIHM IltYKI) Also occepting container cargo lo: VBSBAOY EIASIN FTAHKG ETASHA W/T HKG: Beijiao, Chiwan, CHANG YING 9613/9614 02/06 06/06 09/06 Fangcheng, Foshon,
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      507 42 SM! iSSmISImS iJSS&JBSL I-Jy/\~ J ""■—'■■r""' wuniiM KKB-AwaiwuwapT jwgq—iQ7«n*twm— ■wawfttSaw» 20TH ANNIVERSARY OFFER:-(Lowest-Low*st Rates) PEN/PK SIN HONG KONG 1/6 2/6 mv "WAN HAI 221" V.N026 PUSAN 1/6 2/6 mv 'CHOYANG FORTUNE' V.EM 623 YOK/TYO/UKB 1/6 2/6 mv "ALLIGATOR MIRACLE" V.***** CALL S'PORE: EILEEN, LAURA, XIUNUA PKLs CHEW/VIVIEN PEN: YEN NEE/KHOO
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      Page 42 Advertisements Column 3
      141 42 VTMk LINER SHIPPING PTE LTD 10 ANSON ROAD. #17-01 INTERNATIONAI. PLAZA, SINGAPORE 0207 TEL: *****JJ(20 LINES) TELEX: RS 2J2J2 LSSIIIP IVOC; I ETA SIN tT,, 'fT ETA DUBAI DUBAI 03/06 12/06 10/06 19/06 17/06 26/06 /WO MIDDLE EAST PORTS %£f ***> DAMMAM, KUWAIT. BAMAIK. DOHA. firjri J®*- UYAM, SMMAS. AM
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      Page 42 Advertisements Column 4
      221 42 ATTRACTIVE FCL/LCL RATES TOT Indian Sub-Continent Ports MADRAS/BOMBAY/ CALCUTTA COLOMBO CHITTAGONG/ j NHAVA SHEVA II WENDER CONTAINER LINES ENQUIRIES BOOKINGS.: PLS CALL 2ZW TEL: 224 6744 SSI W«l H«lf <Mt O.K. LINE- M# I > FULL CONTAINER SERVICE S'PORE/JAKARTA VESSa VOY SM JKT (MNtlfl I 3M6 H/M TAMMNGVI 7*l/7*2 MM
      221 words
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  • Page 43 Miscellaneous
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      Page 43 Miscellaneous Column 1
      122 43 GIN* 7 ~J$ Thunderstorm Temperature c A V Shower W«orh«f Wind drection with ipMd in knots Rain L/ i mJ Cloudy Sky Wov# h^flhf w»di or* indicated by arrows otwcfc tty wtrt» the wind J v) n circle represents calm or light and variable wind* On* half Heche represents 5
      122 words
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  • Banking • Finance • Insurance Supplement '96
    • Article, Illustration
      Asian Growth: Flying Too High?
      706 45  -  The unparalleled growth of the East Asian economies will grind to a halt and even reverse if that very growth is not properly managed by Raul Leo by Paul Leo IT IS GENERALLY accepted that the growth story is definitely in Asia and will be
      706 words
    • Article, Illustration
      Lock icon Positive vibes
      746 46  -  Association of Banks in Singapore chairman Wong Nang Jang talks to Paul Leo about the impact of global and regional liberalisation in the financial sector as well as challenges banks face Paul Leo HOW do you feel about the international banking environment? The international business environment is constantly
      ARTHUR LEE  -  746 words
    • Article, Illustration
      Lock icon Financial directions
      1196 47  -  As Singapore's economic growth rate shifts into the single-digit area, monetary policies will also have to fit the new climate by Bernhard Eschweller by Bernhard Eschweiler The writer is head of Asia-Pacific economic research at J P Morgan STRONG growth, low inflation, and a record current account surplus
      BCRUZ  -  1,196 words
    • Article, Illustration
      Private bankers stay on their toes
      956 48  -  As the Asian investor becomes more sophisticated, so must relationship banking keep pace with his growing needs by John Harris by John Harris The writer is general manager of Coutts Co THE Asia-Pacific region will be the dominant world economic force in the 21st
      956 words
    • Article, Illustration
      Custody providers see vast potential in Asian markets
      868 48  -  Trends indicate demand will grow by M N J Vilcassim ■by M N J Vilcassim The writer is senior vice-president, investment banking, DBS Bank CROSS-BORDER investments have surged over the past two decades. Major investors who previously concentrated on what is called
      868 words
    • Article, Illustration
      Lock icon The new Asian customer is king
      982 49  -  Banks are transforming themselves to serve the client with individual needs-by Elsie Foh by Elsie Foh The writer is executive vice-president of retail banking at DBS Bank WE are seeing a transformation in Asia. Excluding Japan, the East Asian region is projected to grow
      ARTHUR LEE  -  982 words
    • Article, Illustration
      Great leap forward for machines
      1076 50  -  Electronic banking is revolutionising the way customers conduct their banking transactions by Ronald Lim by I Ronald Lim The writer is the head, branches operations division, of United Overseas Bank Group THE FIRST image that leaps to the minds of most people when they think
      1,076 words
    • Article
      How to make the best use of corporate money
      1114 50 Cash movements and reducing risks are of paramount importance to today's treasurer WHILE by definition cash management means the effective planning and monitoring of cash in a multinational environment, in practice it means making the most of corporate monies. In an
      1,114 words
    • Article, Illustration
      The art of good risk management
      1468 51  -  Lax credit judgement a danger in boom times by William DeFries by William DeFries The writer is regional head, group credit risk management, Singapore, Standard Chartered Bank WHAT happens when the economy of a major region of the world grows at sustained high single
      1,468 words
    • Article, Illustration
      Lock icon Cycle has peaked for S'pore banking
      1064 53  -  A combination of factors is putting the brakes on expansion by John Doyle by John Doyle The writer is senior investment analyst at ÜBS Securities Singapore WE commented as early as February that the banking cycle had peaked and that core earnings would decelerate
      JEN CHUA  -  1,064 words
    • Article, Illustration
      First steps to open market
      946 54  -  Malaysia intends to take a cautious approach towards full liberalisation -by Ho Kay Tat by Ho Kay Tat IN APRIL, Malaysia's parliament amended the country's Banking and Financial Institutions Act (Bafia) to pave the way for stateowned foreign banks to open up here. This raises
      946 words
    • Article, Illustration
      Lock icon Thai bank profits unlikely to recover this year
      964 55  -  Central bank credit restrictions and high interest rates are restraining growth by Alan Boyd -by Alan Boyd The writer is BT's Bangkok correspondent TIGHT monetary measures and a decline in interest-based income are restraining growth in Thailand's commercial banking sector, with little
      Source: Bank of Thailand,commercial banks  -  964 words
    • Article, Illustration
      Upheaval in the Philippine banking industry
      1064 55  -  Deregulation has led to a scramble for market niches by Al Labita by- Al Labita The writer is BT's Manila correspondent NO PHILIPPINE sector has undergone so many changes as banking, the once highly cartelised domain of a select few. The reason: competition. First,
      1,064 words
    • Article, Illustration
      Bank Indonesia gets tough
      1013 56  -  Indonesia's private lenders gain a bigger slice of business as the financial sector looks to an era of stability under harsher regulations by S N Vasuki ■by S N Vasuki The writer is BT's Jakarta correspond** 3P Bankers in Jakarta would like to forget Eddy Tansil,
      1,013 words
    • Article
      Indonesia set to tighten policy in deficit battle
      211 56 OFFICIAL current account deficit estimates for Indonesia for fiscal year 1996/97 (ending March) rose from US$6.9 billion (559.6 billion) to US$B.7 billion. The current account deficit was estimated to be US$7 billion to US$7.5 billion in the financial year 1995/96, or 3.5-3.8
      211 words
    • Article, Illustration
      UOB leads the charge into Vietnam
      1094 57  -  Singapore banks more confident about doing business in Vietnam, thanks to recently lowered tax rates and an imminent law on mortgages by Harish Mehta ■by Harish Mehta The writer is a BT correspondent specialising in Indochineseqffairs Businessmen used to say it was a pleasure
      1,094 words
    • Article
      Aussie saving plan will create wealth for retirement living
      1048 57  -  The CPF equivalent to grow despite change of government by Setva Kumar by Selva Kumar The writer is a Sydney based journalist who contributes to BT ANEW savings culture is emerging in Australia and it has little to do with banks
      1,048 words
    • Article, Illustration
      Homing in on bad debts
      808 58  -  Japan's lending institutions face a crisis if the government does not go ahead with a planned bail-out by Anthony Rowley by Anthony Rowley The writer is BT's Tokyo correspondent JAPAN'S debtladen banks, which thought they had solved the Jusen problem, received a rude shock late
      808 words
    • Article
      Japanese economy sharply stronger
      307 58 JAPAN is pulling out of its long recession and is doing so sooner and more vigorously than anticipated. Real gross domestic product (GDP) growth rose to an average of almost 3 per cent quarter-on-quarter annualised in the second half of last year. This underscores the fact
      307 words
    • Article
      Investment door to Japan slowly opening
      416 58 JAPAN is still a long way from adopting a completely open-door policy on foreign access to its financial markets, but, as from April 1, the door edged significantly ajar so far as outside access to Japanese pension fund and investment trust business is concerned.
      416 words
    • Article, Illustration
      China project finance opportunities
      1282 59  -  Massive infrastructure requirements lead to plenty of greenfield and restructured venture transactions as the economy grows stronger by William Rathvon by William Rathvon The writer is vice-president and head of project finance (Asia), BankqfAmerica ASIA'S vast infrastructure needs provide huge potential for project transactions over the
      1,282 words
    • Article
      Legal, management guidelines to attract more foreign capital
      721 59 Meeting the pressure for a more conducive investment environment CHINA, with 250,000 foreign companies in the country and US$l3B billion (*****.2 billion) worth of foreign capital, hopes to attract more international capital from investment banks, insurance companies and fund managers into the
      721 words
    • Article
      Overseas firms break into service industry
      190 59 FOREIGN companies have made inroads into China's service industry such as the financial, commercial, goods and materials and transport sectors. Foreign retailers, banks and insurance companies have set up shop jointly with the Chinese in many big cities. However, China prefers to fund its
      190 words
    • Article, Illustration
      Gaining momentum
      756 61  -  Singapore's IPO market is set to see a stronger second half-year by Annette Pau ■by Annette Pau The writer is a BT journalist THE market for initial public offers (IPO) this year is likely to build up to a stronger second half-year after a slow start, mirroring last
      756 words
    • Article
      The woes of a corporate financier
      608 61 Earnings are eroded by undercutting and the electronic share application system THE corporate finance market has become very competitive in recent years. Fees and commissions are under pressure through undercutting and this is not healthy for the market. Perhaps Singapore corporate financiers should adopt
      608 words
    • Article, Illustration
      Asian bonds: where is the lure?
      1626 62  -  The obstacles to Asian bond markets' rapid growth are plenty but opportunities abound too by Roger Portnoy by Roger Portnoy The writer is global director of emerging market services, Technical Data Inc (a division of Thomson Financial Services) According to the world Bank's report
      1,626 words
    • Article
      East Asian bond markets come of age
      1137 62  -  Opportunities in Asia's debt market abound as its capitalisation will exceed US$l trillion by the end of the century by Greg Batey by Greg Batey The writer is the executive director of Peregrine Fixed Income (HK) Ltd DEBT markets in the Asia-Pacific region
      1,137 words
    • Article, Illustration
      Challenge for finance firms
      955 63 Growth for the industry may be slowing, but prospects remain good and there are many opportunities for the innovative firm THE Singapore economy grew by 8.9 per cent in 1995 after two years of doubledigit growth. In line with this lower growth, the financial services sector
      955 words
    • Article, Illustration
      Lock icon The driving need to seek new ideas
      566 64 Finance firms must keep coming up with innovative loan packages to attract customers FINANCE companies operate in an environment which is extremely competitive, a situation brought about partly by the growing sophistication of customers and the recent regulatory changes levelling the playing field
      ARTHUR LEE  -  566 words
    • Article, Illustration
      The pressing need for infrastructure funding
      1274 64  -  To catch up with the more advanced economies, Asia has to invest US$25 trillion in infrastructure over the next decade by Ramzi Fares -by Ramzi Fares The author is executive vice-president of AIDEC Management Co Pte Ltd ONE of the most widely acclaimed phenomena
      1,274 words
    • Article, Illustration
      Raising cash the Asian way
      1479 66  -  In the quest for new sources of finance and capital, securitisation plays a significant role in meeting the growing demand by Danielle Fraser by I Danielle Fraser The writer is with BT Asia AsSi Finance, a unit of Bankers Trust Company THE tremendous economic growth
      1,479 words
    • Article
      Untitled
      7703 69  - Compiled By Julie Wee RANK COMPANY EXCHANGE SECTOR PROFIT AFTER TAX TWWW ASSETS— STOtMSHMTY MWWTVAIUE tAJWK«A*OF USSOOCS ANNUAL USSOOCTS ANNUAL RAM USS000-S RANK USSOOCTS RAW KW% RANK TWWWR ASSETS STOUTS LATEST ANNUAL M %CHNG HCHMG USSOOtTS HUN RESULTS HCMNC WiKfifcUHiggs HK B *****85 1&7 *****55 22.4 1 *****4000 1 *****028
      7,703 words
    • Article, Illustration
      Lock icon Banking on the safest stocks
      1112 70  -  The relative stability in earnings outlook is a good reason to invest in bank stocks by Lee Yoke Har -by Lee Yoke Har The writer is BT's Personal Finance and Investment Editor Bank stocks are not raving buys at the moment but for many investors,
      ARTHUR LEE  -  1,112 words
    • Article, Illustration
      OUB is current flavour of the month
      563 71  -  BT CORRESPONDENTS ASK REGIONAL BROKERS THEIR VIEWS ON WHAT'S HOT IN BANK STOCKS Lee Yoke Har STOCKBROKING companies don't recommend bank stocks for sentimental reasons. The sector, backed by consistent performance, remains one of the sexiest to sell despite the oft-repeated warning that
      563 words
    • Article, Illustration
      Lock icon Analysts in HK continue to plump for HSBC
      690 71  -  By Quak Hiang Whai BANK stocks in Hongkong tumbled as much as 17 per cent in April, due to the intensifying war in the mortgage and credit card loan markets. Many investors felt the spate of price undercuttings would undermine the margins
      Source: Bloomberg  -  690 words
    • Article
      DCB Holdings gets vote of confidence
      393 71  -  By Ho Kay Tat in Kuala Lumpur MOST stockbroking houses believe the banking sector is the best proxy for the Malaysian economy. Despite concerns that rising interest rates may slow loans growth, some banking stocks are still worth buying, they say. Crosby Securities calls
      393 words
    • Article
      Doing well despite tougher business conditions
      279 71  -  By Al Labita THE Philippine government has moved vigorously to reform the banking industry, relaxing operating constraints, lifting barriers to entry of foreign banks and strengthening prudential standards. But all this, analysts say, has made competition keener and spreads thinner. Still, the sector does
      279 words
    • Article
      New ruling gives big banks an edge
      317 71  -  Qy Alan Boyd FLAT first-quarter results have taken some of the shine off Thai banking stocks, but the slump has failed to dent analysts' faith in the long-term prospects of the sector. Banks traditionally lead the stock market equity-price list and are the
      317 words
    • Article, Illustration
      Lock icon Caution advised when investing in Indonesian bank stocks
      507 71  -  From S N Vasuki ANALYSTS feel that investors should be extremely selective in putting money in Indonesian banking stocks. After several years of frenetic growth, the industry is going through a period of painful consolidation. Their advice: focus on the following banks
      Source: Bloomberg  -  507 words
    • Article, Illustration
      Lock icon Will the greenback's rise be checked?
      1228 73  -  If Tokyo raises yen rates, the scales miQht well be tipped against the US currency by Tan Kee Wee ■bv Tan Kee Wee The writer is an economist at I JOB Investment Research. The opinions in this article are personal and do not represent
      Source:  -  1,228 words
    • Article, Illustration
      Lock icon Regional currencies likely to depreciate against US$
      995 73  -  Local factors set to hit currencies this year by Daniel Uan by Daniel Lian The writer is a regional economist at Nat West Markets THE prospect erf a cyclical US dollar recovery was the central theme of Nat West Markets' research in the
      Source: Bloomberg  -  995 words
    • Article, Illustration
      Lock icon Picking the right cherry
      823 74  -  Some tips on focusing resources on potential opportunities by Alan Gemes by Alan Gemes The writer is managing partner of, Financial Institutions Consulting, East Asia, of Coopers Lybrand Consultants Pte Ltd THE tremendous growth in Asian markets offers great opportunities, but also a serious danger for
      The writer is managing partner of, Financial Institutions Consulting, East Asia, of Coopers & Lybrand Consultants Pte Ltd  -  823 words
    • Article, Illustration
      What it takes for collective sales
      974 75  -  Factors to study are the potential, nature of the land title and site characteristics by Pan Tien Chor -by Pan Tien Chor The writer is executive director, investment sales, Jones Lang Wootton COLLECTIVE sales of properties have been a hot topic for the past
      974 words
    • Article, Illustration
      More in residential property market than meets the eye
      1166 75  -  Properties not just to live in, but as Investments by Ong Choon Fah by Ong Choon Fah The writer is executive director, Edmund Tie Company MANY Singaporeans are upgrading their residential properties. This trend is evident in the private residential and
      1,166 words
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      A few of my favourite things
      1222 76  -  A perplexed look at the view some banks take of customers with less than $1 million in deposit by Kevin Sullivan oy Kevin Sullivan The writer is aBT correspondent I LIKE my bank. We have a lively correspondence. Sometimes I receive two or three
      1,222 words
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      Getting ready for the onslaught
      1213 77  -  Asian insurers must act quickly in the face of greater competition from big, foreign players by Sivam Subramaniam by Sivam Subramaniam The writer is the editor of Insurance Review magazine from whic\ this article is exerpte4 THE General Agreement on Trade in Services (Gats), established
      1,213 words
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      Lock icon Challenges facing life insurance industry
      1428 78  -  Insurance firms are reviewing their goals and strategies amidst a changing business environment by Peter Foo by Peter Foo The writer is general manager and actuary at Great Eastern Ufk OVER the past decade, Singapore has experienced phenomenal economic growth and development. The insurance industry
      ARTHUR LEE  -  1,428 words
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      Lock icon Protecting your home investment
      593 78 Insurance coverage on a property and/or its contents will help reduce financial strain if they are damaged or destroyed BUYING residential property In Singapore is expensive enough, let alone taking into account other costs such as furnishing a home. But If a mishap such as a
      ARTHUR LEE  -  593 words
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      Reinsurance has become big business
      807 79  -  It plays an increasingly important role in developing markets by Bernard Choo by Bernard Choo The writer is general manager of St Paul Re-Singapore THE business of reinsurance has long been arcane to some, mysteri- ous to others and simply too complicated for many in
      807 words
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      Good health for all
      973 80  -  Group insurance schemes are increasingly moving towards prevention rather than cure by Danny Lee ■bv Danny Lee The writer is a vice-president of the group insurance department, AIA GROUP insurance had its humble beginnings in the early 1960s when Singapore started its industrialisation programme, attracting investments
      973 words
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      Islamic insurance schemes set to soar
      1150 81  -  Fiyfe years after it was first mooted, Islamic insurance has taken off and it now looks set to go places by Said Abdullah by Said Abdullah The writer is with the BT Foreign Desk TM AKAFUL or Islamic insur- ance here was first suggested
      1,150 words
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      More a question of investment
      619 81 Ampro-Takaful Fund is the star performer THOUGH touted as insurance products, the two Islamic schemes in the market appeared to have attracted Muslims not so much for their insurance element as for their investment opportunities. In the case of the scheme managed by Keppel Insurance,
      619 words
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      Retirement, returns and rainy days
      814 82  -  Besides offering protection, insurance is becoming a popular investment tool by Tan Suee Chieh by Tan Suee Chieh The writer is the chief executive officer of Prudential Assurance Company Singapore MENTION life insurance and the first thought that comes to most people's minds is protection.
      814 words
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      Bancassurance: adding more value to customer service
      1085 82 Insurance, investment products are more palatable coming from banks THE concept of Bancassurance (or Allfinanz) is not new. It has been defined as the combined strategic alliance between a bank and an insurer to produce and sell a range of insurance and investment
      1,085 words
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      Insuring to remain in business
      875 83  -  Coverage for loss of profits is essential by Sim Kwang Meng 'by Sim Kwang Meng The writer is assistant branch manager at Commercial Union Assurance Company pic. INSURANCE protection is vital for business survival these days. Despite this, many businessmen underestimate the importance of protecting
      875 words
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      Derivatives: Boon or bane?
      1726 84  -  These esoteric products have had a bad press but the problem lies with the users, not the derivatives by Mehraj Mattoo -by Mehraj Mattoo The writer is a director of financial products at Canadian Imperial Bank of Commerce. A former Nat West Research Fellow at London
      1,726 words
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      Lock icon A sure thing
      1170 85  -  The unit trust market in Asia has seen steady growth in the past 10 years, with more institutions offering different plans by Stewart Akfcroft ■by! Stewart Aldcroft The writer is the marketing and sales director at Templeton Franklin Investment Services (Asia) AS anyone who has observed the
      SOURCE: Asia; ALLAN  -  1,170 words
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      Pressure of global fallout on job scene
      1219 86  -  Mergers, restructuring and increasing demands from authorities take their toll by Frank Lonnqvist by Frank Lonnqvist The writer is managing consultant at Gunnar Consulting THE number of people employed in the financial services sector in Singapore is surprisingly high at close to 50,000.
      1,219 words
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      Technology: Adopt and prosper
      1226 87  -  Many factors combine to force institutions to continue to innovate to match their customers' expectations and needs by Chris Boughton -by Chris Boughton The writer, based in Hongkong, is responsible for Trading Room Systems and the Telerate Workstation, Digital Feeds, Transaction Services and Consulting Services throughout
      1,226 words
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      Markets call for 21st century communications methods
      867 87  -  Trading room systems are developing at a breathtaking rate by Michael Thk) -by Michael Thio The writer is regional general manager. South-east Asia, British Telecom Services (Singapore) Pte Ltd THE only certainty in international trading is that change will continue and accelerate. Competition
      867 words
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      Plug into the era of Internet banking
      1296 89  -  Your home PC will be your bank, offering full services, including cash, in five years if enthusiasts' dreams come true by Vikram Khanna -bv Vikram Khanna The writer is BT's regional economics editor IF THE dreams of electronic commerce enthusiasts come true, in
      1,296 words
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      Smart card ready for cashless world
      1222 90 A reloadable stored-value card for small transactions will soon be tested out in New York, paving the way for the electronic wallet THE recent announcement that Citibank and Chase Manhattan will be offering New Yorkers reloadable stored-val-ue cards in a pilot programme later this
      1,222 words
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      Finance publishers see thrills ahead
      909 91  -  It* iuh is on to spot authors who seem able to ptedtt and thereby indirectly spur, the next big investment development by Richard Baqgatey Richard Baggaley The writer is with publisher John Wiley St Sons Ltd HGSE are exciting times BSB for finance publishers. Lowell
      909 words
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      Information on tap
      492 91  -  Handbook details ways for those game to try investing through cyberspace By Paul Farrell The writer is an investments anafyst atCoutts ACo (Asia) Ltd Investor's Guide to the Net, Making Money Online Reviewer Monroe Labouisse IN HIS informative handbook, Investor's Guide to the Net, Paul Farrell paints
      492 words
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      204 45 INSIDE Wong Nang Jang, chairman of the Association of Banks in Singapore, talks about the challenges facing banks in the Republic Pg 2 Two views on Singapore's banking sector. Pg59,26 The regional banking scene. Pgs 11 to 15 How the finance industry is changing. Pgs 19,20 A ranking of the
      204 words
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      230 46 HOUSING LOAN RATES* FROM 1990 TO 1995 mmmm CAEOTTPOSB wmm—m COMPETITOR iiiiiiiiiiiii i i i i i i i i i i i i YEAR Credit POSB provides loans for property Occupation Permit is issued. purchases particularly for private property or Be assured that you will not be penalised HUDC
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      147 46 l(»' SOEiete Generale Our Goal Customer Satisfaction H Best Export Finance Arranger French Franc Bond House Of the Year -1995 of the Year -1995 Project Trade Finance MIDOIKy CORPORATE FINANCE Sooete Generale Asia Deals of the Year -1995 Loan House of the Year -1995 Eurobonds Asiamoney Corporate Finance Magazine Interest
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      53 47 I.''S!i' < 1 i > 1 f i j j i i i I .y .iJ From $248,000, you don't have to conform. Unless, of course, you choose to join the crowd. V JAGUAR 'V I *L ~r- .*£>,. v I _T-. fM/ I Motors 4? 1.-ng Ko*> Road Singapore
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      122 48 Now there are MORE DBS BANK Investment Centres closer to you. DBS Bank Investment Centre is your Margin Trading and Share Financing facilities, investment shopping place. You will find a wide Not only are there more DBS Bank range of investment options, all at one place. Investment Centres, there are
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      262 49 Opel Vectra Any car can show that you're going places. This car shows that you're getting somewhere. Presenting the all-new 1.6 litre Opel Vectra. And a brace of valuable features that lets you appreciate the collective Arguably, the only German engineered car in its class that makes result of German
      262 words
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      157 50 Efl* 4 THE KMKNQTUNG PROVINCIAL BANK peaww—iMwwm»wii(»ai>iniurouMuri) A Friendly himk m Brighter Future Staying ahead through harmonious balance of traditional service and modern innovation 'I I I||B jjm Fas/ Efficient Accurate Like the abacus, The Kwangtung Provincial Bank(KPß) has a time-proven tradition of efficiency and accuracy you can count on.
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      82 51 Everything has changed. Except the relationship, and the barbecued duck. m Sr I,) i 1 K l» f' f i' 1 milii I'm im iin i -ST"- 1 i f M SBgS&ljMj wKtBMKgHBm I S*' JIn Asia, there are always new markets and new opportunities. And there are always new
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      271 52 ,1 m Mi, i< A '^i^r^ VffimUlai^M flmlilflil MB: iif". \i y I# > >" ..jiß 1 A V/ mXMM .Jilß ft f -•j^ I ,£>^^Pp^^»HH»n^Bß^^Hn|t K Pr ote fill P Now you can enjoy more cover every year, without paying a f" UOB ufe Markettag Department AT UOB Un
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      138 53 The Bosch IM-COM. Tomorrow available today. 'WW The Bosch M-COM is so advanced it doesn't really need an instruction manual. That's because it is a GSM handphone so intelligent it comes equipped with a simple operating menu that guides you like a built-in instruction manual. identify in coming calls, easy
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      78 53 z 0 1 /< t/ee/i t/i o- cXpuS. i. *>s£S&~*mir \S-/ ifi ffltrV //tr-litcst yrttr /tr-i/r f rr /M&re y ftrsti ere tt a ast c/ jf/'/trr f/Ae *£r-itr fly .Tc-irn/ir. 6.rytt t X //e fy At/ t/- ertrfflr </ S/t /Ae ■?S ti fttr f* a /Ar r //<
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      201 54 M Aidemars Piguet The master watchmaker. "OUR AIM IS TO CREATE THE FINEST WATCHES IN THE WORLD. Jules-Louis Audemars, Edward-Auguste Piguet, 1875. For more than 120 years, the richness of our vision has never ceased to fascinate. But for the true connoisseur, there is more to the magic of our
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      154 55 II Want yoiir lenirns to go liigher? Invest with Bank of terms T NZS aus uss Sterling j~~DM ECU 1 1 Mth 8 84% 6.55% 4.64% 4.99% 2.24% New Zealand. We offer yon highly competitive rates 3 Mths 8.83% 6.55% 4.70% ~499% 2.17% j 3.05%" f 00rt t>nno I 6Mths
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      228 56 LEE BANK Tat Lee Bank has a host of corporate banking services ranging from trade and project financing packages to investment schemes to help your business grow. See a Tat Lee Banker today or call for more details. 'jjjk 0* -W V' p ;»aysgwf t ~-%m T> -.•tV ™♦■■;*Aj| •k.
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      232 57 Oris Sporty Elegance. Elegance In Sport. ORIS Made in Switzerland Sj Since 1904 The Oris Sporty Elegance is an expression of a lifestyle. Sporty elements such as a smaM second dial, scratchproof sapphire crystal, water resistance to a depth of 50 meters, and a protected screw down crown are combined
      232 words
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      148 58 E® A. v* X3i :RNIE ELS' CHOICE ie Els is one of the top young talents in todays the skill of his technique and the regularity of ies he finds in his Omega, whether on the golf aily life. "Trust your judgment, rnie Els. The sign of excellence Sole Distributor:
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      235 59 We don't just stand out, We stand together j: y j EIZO offers a wide range of professional displays each suited to a particular application and use, be it precise CAD/CAM, true colour DTP or Financial dealing. Exceptional features have set EIZO at the top of the industry. ■fflHI EIZO
      235 words
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      35 60 il^MM^BMWHßMHMMil^MMMiaiil»^W^i^m^fctr T £fßmi i ''h i 1 i 'Mtfii i MTtlr 11(>^Hi6BBi^ia^*8BBi^^fiWftjS^'yJWf^ffipliM^^B o:±iJjfk A-r k "'^v r i^'^%>' •'r^r^Hiraps^^^KV^ •> .'^s^^^^HK^^ ,f <-' »ov^j&-£' i; 1 t m r .■;.>;', :V; >?S|CW|B '■■BM v r 'w ?Z '-^^HH
      35 words
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      51 61 configurations, are some of thefactors to be jS ZUZI'ZITIZ'IZ ana experience to evttfmCne me vanatnes I of office space to a long Ustofsatisfied client** ~«|H|BBSSSBS& THB NAMI SAYS A GfttAT MAI -v -o.V nMMmwfla^w«n«^* Bvtidtng Siagapore *****0 Tet: 224*181 ft*: 225 I9W 4 Internet: bapjfwww jiduidaffiMoaui I v S l
      51 words
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      82 62 WMHp.i jfc. L Hi iy?v j£ Now you can exchange your foreign currency denominated shares (FCDS) for cash with Multi-Currency Share Loan from Hong Leong Finance and Singapore Finance. If your FCDS are in US dollars, Hong Kong dollars, Japanese Yen... and listed on the Stock Exchange of Singapore and
      82 words
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      203 63 f is H i?" ""U %f" *"-h v j?.' -£z\ 1 k fi. .«*£{■..J >- I i, iHHHHBHBBHHHUB fli IV •Id? < :>.. '"t*^*^; '•■■*< -'*i> PLEASED. 1*" %f*tri '/"h -'/.'j., ,> *1. v" t As Singapore's leading real estate agency, we have an enviable track record that's though if
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      62 64 •3E* 7 JKJKBA WStW ***** Temperature COUnler TOP Hot/Cold Water Dispenser R134 Ozon* Fnancty CcmprMaor A Hot/Cold with fe ul. refrigerator, u* MmMAnrtiof Water SKSSEV,,. Umtm 4 W—we ft—mw tmin wauii WANIN INDUSTRIES PTE LTD 167-A Thomson Road, Goldhill Centre, S'pore *****9 Tel: *****88 Telex RS ***** Fax *****08 Johor
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      70 64 >l» U: I-. N4 i :.ji if: -7* i". t".; i ji' i >.*» <T <1 W r■' f&p ."I |«tv> j r» vV— raj* ft; v.-- <a A note to those interested in share financing V m U t» V 4, TW CMSfa"" r. >* ,V i For more
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      197 65 5» II > flj BUT* H KHfflu' HjS9HSK&3 1 v ;«S^ c *-v .V i-V J BP Bank of Tokyo-Mitsubishi, Bank of America, Rabobank Nederland...these are just some of the triple A companies who have signed up as tenants at Republic Plaza. Not surprisingly, the names read like a Who's
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      398 66 coMrm 2 Has It Changed Your Life Yet? collector traveller presenter You know exactly who you are. Well, at this exact minute. But the way things go, workhorse this probably changes several times a day. Which is precisely why we created the LTE 5000. A Pentium* Processor powered notebook featuring
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      151 67 Jr- JM M .»>, f-^ ./rv-v /V -f'-;.:' 3 ■•vV> rSi B!a|aßte|s»-t.«•!.'«• $38 > v v■■' j'.x.Mssif'v* NOW 1/iNI I ww VV I I LI\L TUU Vt v-;~' ■'■'•■■"v-; J ;*?s>■.) i R NEVER BEEN '-^r*. 'ft^4'*■#.>I -vI I the high-speed bank account that links yotir savings, chequeing and I
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      120 70 Muller Master the Master Watchmaker the has the Because none other has been so by a for none has a C7£e renowned Spaceship &art£ at Ctpcot Centre; perfectly sp/tericafgeodesic dome t/tat reflects I fie passion of a master arcfiitect. CPor those cfrioen Bapassion precision andexceptionaldexterity almost as much as the
      120 words
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      204 71 HA a America's largest manufacturer of Solid Wood furniture, Kincaid takes great pride in quality work and craftsmanship. It's a tradition that has lasted for over half a century. And it's a tradition that will dwell in your home for just as long (if not longer). Wholesome. Simply elegant. Each
      204 words
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      335 72 Values erode. Beauty fades. Relationships break down. Thank heaven for things we can still believe in. There are few things in life people can put engineers as trionics is to the man-in-the-street Cars are heated and frozen, they're shaken their faith in today. And when you're so busy tinkering away,
      335 words
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      56 73 FINE SUPERFINE OLD ANTIQUE RARE PERSIAN t > 0 IIMMIBIIMiiIHBMiBMIB > 'raff 1 II 111 r i^^»rfrn^ -mm 9J k Iz] i w Hg|]g 2 sli r<»11 L 4 -I*l t*J L T i B: !j N [4 1 ill V k M J M {,n 2 h 2 i
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      273 74 For further information on the new Audi A 4 or details on arranging a test drive, contact: Motor Ultima Pte Ltd. 15 Queen Street, #01-01, Singapore *****7. Telephone 338-3844. l 1 There are other cars with five-valve performance. But the prices are stratospheric. And the seating's just for two. The
      273 words
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      52 75 Ll«|f <m- mm \1«? L- Tttt j amjm tOgMBaK,. > 4»<r Archimedes Grand Tonneau ||f BUCHERER g <UmL*.'~MT> CU> Associate member ll„KL- ITw*liiaiv»tv STPB 4(T»x*t>-a4«T?-f>r- Available Eauuilvily it Wtic/ustfiSuHtm/mG^LtiC) Watches of Switzerland at #01-16 Scons Shopping Centre Tel: 737 3708 #01-17 The Paragon Tel: 732 9793 #01-32/33 Forum The Shopping
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      282 76 i/ Only Maybank's Card and VISA give you ATM privileges no other bank in fiT^'™" a ™"A Voted "Best Bank in Malaysia" by Euromoney magazine. Singapore can match! Such as instant access to your Maybank Singapore accounts -at 'IHMMHHMII home and in Malaysia absolutely free! Plus Ringgit Malaysia cash withdrawal
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      100 77 ALP Now you can he the first have "Y/ .U.l the brute force of four 200-MHz ;v. 1 Y hv'Y :NI, :N Y V :Y Pentium Pro processors... W PU l v' ,v 1 M ni.tllvMl 11 *V* I;: v* i v. r r rC|M I M.I it.:-'.': \I RsVl
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      256 78 F w as ia lite v i »$r ftL K*- 7' »4 "•*-4 Sound, Solid Secure Yfes, we believe a substantial portion of your savings should ,be placed in investments which are Sound, Solid Secure. That's why we think you should take a closer look at our attractive endowment plans
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      31 79 My accountant recommended I invest with Prudential and did more fo|_ Skblood pressure -'^4 f :.j J than my doctor ever achieved. I v .4.: •■l&:xir%-i; ...ulftM',fe .VasfcSyMsb£m&:. v-a, j S
      31 words
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      518 80 WSBSKIkH.' US w -'1% lIP r *M? ijgKs3F■ v M'ffiiiWF'•' 'Wa*%' You bought a mainframe because of the reliability, capacity, throughput and control. But they lacked the flexibility, information-access and applications of client/server computing. Now, you can have the best of both worlds the Sun*" Ultra*" Enterprise"* Servers combine the
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      418 81 For the sophisticate investor, ICS Honty Besides equity market diversification, the fund also invests IMe insurance protection up to 1.25 times your initial Manager puts portfolio diversification, control and i n bonds and other income generating securities investment or the bid value of your units, whichever is flexibility within easy
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      68 82 .(RSF, L» l«mn—d nht 1 Germany Creations TWA v. |f 9 I PINTA pw jijjp** h a j| i StudbLine DESIGN ft FURNISHING Show Gallery *03-05 Park Mall, 9 Penang Road, Singapore *****9 Open Daily(Mon-Sun 11am-Bpm) Tel: 337 8033 Interior Design, Project ft Contract No. 23 Ann Siang Road, A
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      335 83 Make The Strategic Move To Highlight Colour With Xerox Black-And-White Printers. In today's business environment for improved communications and better And because all Xerox printers come with you deserve every advantage you can gel. business results. an unmatched Total Satisfaction Guarantee, And when it comes to your production Using a
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      242 84 THE ONLY MITRE SEDAN WITH >3liZ3 ALL WHEEL DRIVE Only Subaru offers the highest active and passive safety features phis a personal insurance coverage of SLOOO.OOO! What's more, to commemorate the launch of our new car, we ore giving $10,000 worth of accessories and goodies FREE! 1 -Year Road Tax
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      561 85 r- 'jfc J A* your SAVINGS v U I J AS POI ICY «K If you arQ looking for a short term aod secure investment for your savings, the Capital Plus Policy from NTUC INCOME is the one! JjL "in just 3 years, JM* s Mm Icanhave jjm The Capital
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      490 86 The Great Link Growth Plan More Control If you are looking for opportunities to invest your excess cash or CPF To assist you in your investment planning, a statement of all transactions savings, find out what the Great Link Growth Plan can do for you. and the value of your
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      246 87 Enter the Mark XII. The legend lives on forty six years after a pilot from the Royal Air Force first strapped it to his wrist. There can't be many people who aren't familiar with the legendary little time machine from IWC: the black dial, the white Arabic numerals, and the
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      67 88 i |FIM| J4^?T -*3»s ifc^aJ' jn !a ifk I S[^^P^9 CM HH j 7 ■r jr HBHIf v M '..H j|§h§* ~jBS IHF v J 1 Odd a splash of colour to your world with Toshiba noteboohs! 1 1 S In Touch with Tomorrow I TOSHIBA 1 Toshiba Data Dynamics
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      59 89 _f —<+■ ij/' ■^'AwJK>B p» I I I I ,<• n/i J/M (mmr pmtemU} Mr Imtfmti frrtntfm SfJttm) All 1996 Volvo 850's and 960's come equipped with Side Impact Airbags and eveiy other major safety innovation pioneered by Volvo over the last 50 years. Volvo. The reigning world safety champions.
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      312 90 Quiet Engine I Excellent Road Holding Spacious, Comfortable 1 I Unique Safety Features 1,6 litres j _r- 5-door hatchback Top 2-door coupe Low Drive Away cost Designed and manufactured with you in mind, road holding, overall double reinforced body and roof Diamond Plus Gold, the most the Mlgane is the
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      150 91 When It comes to selling your HOB flet or prlvete property, we offer mors benefits upfront tHsn snyone elee in Singapore: #1 FREE Bonanza Special T up to 100 chances to strike $1,000,000 In a guaranteed monthly draw to be given to you hatere the sale. #2 FREE Bonanza Special
      150 words
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