The Business Times, 4 January 1997

Microfilm: NL20756
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    15 1 THE BUSINESS TIMES MITA (P) 023/12/96 Internet: http://www.asial.com.sg/biztimes SINGAPORE WEEKEND EDITION, JANUARY 4-5,1997 85e' I
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  • Article
    MARKET SUMMARY
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  • Article
    FINANCE
    66 1 US* 81 US» 1.403 I UK 137 DM 0.<48 0.968 YKN Ml MN HIS Kt MM 0565 HKS l» 0.181 BAJIT-. MM MM KlTTAH m 0.042 MM jnOBBASB SINGAPORE* 6 44 Jj KUALA UJMrUR JJS JAKARTA 18.00 BANGKOK 1125 MANILA l&M HONGKONG SM ~TAIPH Ifi SYDNEY 690 TOKYO U0
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  • Article
    Dip in STII masks rough year for several stocks
    779 1  -  Most notable was the fall from grace of Indon-linked stocks By R Sivanithy [SINGAPORE] Though the Straits Times Industrials Index dropped by only a marginal 2.2 per cent last year, it was a volatile year for several stocks. For starters, probably
    779 words
  • Article
    Lee & Co denies cutback of dealing staff
    218 1 Lee Co denies cutback of dealing staff [SINGAPORE] Stockbroking firm Lee Co has denied that it is cutting back its dealing staff. Responding to a BT report on Dec 21, the firm said that none of its 35-man dealing team will be laid off, although its research team is being
    218 words
  • Article
    Region keeps eye on Dow
    159 1  -  R Sivanithy [SINGAPORE] Uncertainty over US stocks and bonds led to a not so promising start for regional equity markets. Worst hit has been Thailand, where US rate fears coupled with local economic problems wiped 5.3 per cent off the Thai stock exchange index. The
    159 words
  • Article, Illustration
    Lock icon Look Lois, no cape
    40 1 [NEW YORK] After nearly 60 years, Superman will at last get a makeover in March. But the new costume, in white and blue, will not have a cape, says the superhero's creator D C Comics. REUTER
    REUTER  -  40 words
  • Article
    Taiwan postpones award of mobile phone licences
    681 1  -  SingTel among bidders for lucrative contracts delayed by controversy over foreign equity levels From] Bruce Cheesman in Taipei SQUABBLING over the foreign ownership levels of 17 consortiums vying for Taiwan's lucrative mobile phone licences has forced regulators to postpone an expected announcement of
    681 words
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      Page 1 Advertisements Column 1
      141 1 INSIDE K'. IH I 32» r I i India's finance secretary, the technocrat in charge of crafting the country's economic policies, tells BT why he is unfttzed by having to work within the constraints of a 13-party "Mai nil rtAtrniiumjinl coalition government, ELS MBWS VALUE MtfwpdfcnlMta +rm*Utm*nmtk,pg7. Issue size and
      141 words
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      Page 1 Advertisements Column 2
      33 1 More reports and statistics, Pg 8 Fall ranking* of SES and KLSE companies by market cap Value off of Singapore companies up 16% KLSE market cap jumps 43% Hugional stock markets, Pg 1116
      33 words
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      Page 1 Advertisements Column 3
      318 1 "~"^H A >— jbHB I jH Mj/HPU&rM tfprfcfcSOXfukforafa/auvrprbf (which he/ps me K groa/ fafer). When your business is going well, nothing should expandable. So that as your business grows, you hold you back. of all your printer. cope with your extra workload easily by simply adding At Bppm, it prints
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  • THE 1997 GENERAL ELECTION
    • Article, Illustration
      Lock icon Sticking with multi-racialism in a Chinese ward
      918 2  -  Patrick Daniel looks back on one highlight of the 1997 general election campaign Patrick Daniel I SAT for three hours on the hard granite steps of UOB Plaza, just behind the press table near the stage, listening to last Monday's PAP lunchtime rally
      ARTHUR LEE  -  918 words
    • Article, Illustration
      Lock icon Workers' Parly yet to consider NCMP offer, says JBJ
      448 2  -  mexpected', says party chief Reports Diana Oon WORKERS* Party chief J B Jeyaretnam yesterday said the party has not considered the government's offer of a Non-Constituency Member of Parliament (NCMP) seat and will wait for the official invitation. When told by
      WONG POK SEE/ST  -  448 words
    • Article
      Lock icon Chinese Chamber hails PAP's Cheng San win
      423 2 Business community welcomes continuity otpvt policies The Straits Times 3E Singapore Chinese imber of Commerce and Industry (SCCCI) yesterday hailed the PAP's win in Cheng San GRC as being of "great significance" for Singapore. The chamber said the PAP's 54.8 per cent win
      – The Straits Times  -  423 words
    • Article
      Low seeks govt funds for upgrading
      394 2 He says lack rf nrnningj doc behind fane d ancrete plus LOW Thia Khiang, the Opposition MP-elect for Hougang, yesterday said he would come up with an upgrading programme for flats in the constituency if the PAP would give him a budget for it.
      394 words
    • Article, Illustration
      Lock icon Surprises reduced when there's an opposition: Chiam
      365 2  -  Potoog Pasir MP-elect says drop in vote share not all doe to PAP's upgrading move By Ang Wan May POTONG Pasir MP-elect Chiam See Tong thinks opposition members in Parliament will help minimise the number of surprises sprung on the people by the
      LIM SIN THAI/ST  -  365 words
    • Article
      Heard and seen
      435 2 "Has he? Gracious man!" J B Jeyaretnam, on being told that the Prime Minister had said that the WP's Cheng San GRC team, which polled the highest margin among losing opposition candidates, would be offered an NCMP seat "Wait for the PAP to become corrupt... or widespread
      435 words
    • Article
      Corrections & clarifications
      51 2 Corrections clarifications OUR tables on the election results yesterday gave the wrong figures for average share of valid votes won by the SDP in the wards it contested. It should have been 33.1 per cent. Independent candidate Chia Shi Teck won 14.06 per cent of valid votes, not 14.6 per
      51 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        752 3 Those polled for their views on next week's Singapore stock market outlook are: Alliance Securities, Daiwa Securities, Deut-sche-Morgan, Fraser Securities, GK Goh, ING Barings, Merrill Lynch, OCBC Investment Research, Phillip Securities. IPCOHJ ♦(Sell) OCBC Investment Research, Jan 3 IPC has announced the disposal of one overseas subsidiary.
        752 words
      • Article, Illustration
        In My Opinion
        283 3  -  Tan Kin Lian chief executive officer NTUC Income Insurance Cooperative U A N investment-linked J\ policy is made up of 11 both life insurance protection and investment. This insurance policy is becoming an increasingly popular form of investment. However, one has to be careful when deciding which
        283 words
    • Article, Illustration
      Lock icon Few pickings in Asia
      940 3  -  For Smith Barney and BCA, Latin America is the favourite By] Lee Yoke Har [SINGAPORE] ASIAN stock markets were among the lemons of 1996. And they could well remain so this year if the calls by Smith Barney and the Bank Credit Analyst Research Group (BCA)
      Source: Bloomberg  -  940 words
    • Article
      Diversifying into emerging markets funds
      1041 3 Such fond* reduce long-term risk for investors [LONDON] Emerging stock markets in South-east Asia, Latin America, Africa and Eastern Europe are where the action is for investors looking for diversification. As long as you're prepared to weather the short-term ups and downs, emerging market funds
      1,041 words
    • Article, Illustration
      Lock icon Thai investors still fight shy of bourse
      586 3  -  BYE OH THE REOZOM: THAILAND From, Alan Boyd in Bangkok SIGNS of stronger economic management by Thailand's new coalition government have failed to allay the fears of investors in the stock market after months of gloom that have seen shares tumble to giveaway
      FILE PHOTO  -  586 words
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  • REGION
    • Article, Illustration
      Lock icon Suharto, Chavalit agree to expand ties
      336 4 JAKARTA Tkey agree to work an MOU covering trade and fisheries Reuter INDONESIA'S President Su- harto and Thai Prime Minis•■'ter Chavalit Yongchaiyudh yesterday agreed to expand i economic cooperation and in(crease consultations between r-their nations, Indonesia's jtate Secretary Murdiono Mid. The two leaders met
      Reuter; REUTER  -  336 words
    • Article
      Lock icon US firm loses Vietnam resort project licence
      371 4 HANOI Planned USs2som joint venture was single largest US investment in Vietnam -AFP Reuter VIETNAM has revoked the licence of the largest single US investment, a US$25O million (Ss3so million) tourist resort in central Vietnam, officials said yesterday. The Ministry of Planning and
      -AFP; Reuter  -  371 words
    • Article
      Lock icon West Kalimantan violence worsens: report
      268 4 ■JAKARTA AFP ETHNIC violence in the Indonesian province of West Kalimantan escalated yesterday as thousands of tribesmen went on a rampage, looting and burning buildings, a report said here yesterday. A mob of some 5,000 people, mostly from the indigenous Dayak ethnic group, late Thursday
      AFP  -  268 words
    • Article
      Lock icon End to Al-Arqam commune
      108 4 KUALA LUMPUR AFP THE main settlement of an outlawed Malaysian Islamic sect, AlArqam, was disbanded yesterday more than two years after the movement was crushed by authorities. More than 500 former AlArqam followers in the commune of Sungei Penchala on the outskirts of Kuala Lumpur, pledged
      AFP  -  108 words
    • Article
      Lock icon Manila sees 22% export growth
      159 4 MANILA Reuter THE Philippines is projecting 22 per cent growth in export earnings this year and a 14.5 per cent rise in new investments, Trade and Industry Secretary Cesar Bautista said yesterday. He told a news conference that export receipts could reach US$25 billion (Ss3s
      Reuter  -  159 words
    • Article
      Lock icon Japan to overhaul 39 large public companies
      351 5 TOKYO Move is part of govt's pledge to revamp administrative system FT THE Japanese government has drawn up a plan to streamline, abolish or privatised of the country's largest public corporations, including Nempuku, the public corporation dealing with pensions. Japan has nearly 90
      FT  -  351 words
    • Article
      Lock icon Congress names Kesri parliamentary leader
      138 5 NEW DELHI Reuter LAWMAKERS from India's Congress party chose Sitaram Kesri yesterday as leader of Congress' parliamentary party to replace former prime minister P V Narasimha Rao, former finance minister Manmohan Singh said. Mr Kesri, who became Congress party president in September when Mr Rao
      Reuter  -  138 words
    • Article
      Lock icon Pakistan abandons 56 Benazir projects
      296 5 ISLAMABAD Schemes lacked proper planning, says caretaker government AFP PAKISTAN'S caretaker government has abandoned 56 development projects worth millions of dollars initiated by former premier Benazir Bhutto, charging that the ousted government did not follow proper procedure. The schemes were launched on the directives of
      AFP  -  296 words
    • NOTE Book
      • Article
        Lock icon Lower Indon tariffs on 1,200 items
        90 5 Reuter [JAKARTA] Indonesia is expected to lower import tariffs covering 1,200 product items by 5 per cent this year, Bisnis Indonesia newspaper reported yesterday. The paper quoted director-general for tariffs and pricing, Daeng Nazier, as saying on Thursday tariffs on items currently at 15
        Reuter  -  90 words
      • Article
        Lock icon Koreas' N-paot to be resuscitated
        62 5 Reuter [SEOUL] A landmark nuclear pact with North Korea will be resuscitated next week in the first step to repair the damage from September's incursion of a North Korean submarine, Seoul officials said yesterday. South Korea's Deputy Prime Minister Kwon O-kie said two protocols would
        Reuter  -  62 words
      • Article
        Lock icon China to stop funding of mining units
        69 5 Reuter [BEIJING] China's Ministry of Geology and Mineral Resources will this year end state funding to most of its exploration and mining units, forcing them to stand on their own feet, the China Daily newspaper said yesterday. The ministry would begin to hand
        Reuter  -  69 words
      • Article
        Lock icon Govt to prop up Taiwan bourse: report
        96 5 Bloomberg Business News [TAIPEI] Taiwan's government and ruling Kuomintang Party will use state and party funds to buy stocks when the market opens today for the first trading day of the year, the Economic Daily News said In a report that didn't cite
        Bloomberg; Business News  -  96 words
    • Article
      China extends duly-free import grace period
      582 5  -  Deadlines for equipment poshed back by six months By: Lu Ning CHINA has officially extended by six months the grace period during which overseas investors can bring in their equipment duty-free. As reported by The Business Times on Dec 25, the grace period for
      582 words
    • Article, Illustration
      Lock icon Warming up for an icy dip
      45 5 [BEIJING] A passerby taking a close look at a swimmer as he warmed up before jumping into a Beijing lake yesterday despite sub-zero temperatures. Many Beijing residents believe a daily dip in icy water is healthy and invigorating. AFP
      AFP  -  45 words
    • Article
      Lock icon Korean trade deficit doubles to US$20b
      303 5 ■SEOUL Chip exports suffer as prices fell; labour unrest casts shadow Bloomberg Business News SOUTH Korea's trade deficit doubled to a record U5520.38 billion (5528.32 billion) last year as crumbling semiconductor prices pummelled Samsung Electronics Co and other leading exporters. "Our company expects the
      Bloomberg; Business News  -  303 words
    • Article
      Lock icon Tung off to Beijing on one-day trip to discuss handover
      307 5 HONGKONG AFP TUNG CHEE-HWA, Hongkong's designated first postcolonial leader, will fly to Beijing today for talks on the territory's handover to China, local radio RTHK reported yesterday. Mr Tung, speaking after a dinner reception late on Thursday, said he would
      AFP  -  307 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1551 5 CITY FUCHT ETA FLIGHT ET» S0175 1910 VKT40 M10 Abu Dhabi BY610 2150 GA890 0120 HatYai M893 MIS TG408 0820 MlUHl SQ230 186 0F82 2050 7 2120 MI894 1045 0F81 1930 MI896 1820 kmmm RJ18T 0130 S0977 1720 $0978 0M5 Amsterdam KL843 0550 GA890 0120 HoCWMtafc
      1,551 words
  • SHIPS IN PORT
    • Article
      CONVENTIONAL WHARVES
      726 4 Vvstil V«y it tertti Arrival tefvtw* V!'" Am|M tad 19A/* JO] Jtonqiiat 03 01/0300 Mat Jar* A150 302 *11(1111 03.01/2300 MM MM 0I0I97 302 <1*011(1 03 0V2300 MM 4 JO *mqa* 07.01/1000 KMwri omr joi atom** oiovmoo S]«« *****7 joi <»pm oioviooo M Jar 01/97 301 nontax 04.01/0100
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    • Article
      CONTAINER SCHEDULES
      1491 4 RECEIVING OF EXPORT FCL CONTAINERS AND La CARGO Bookknq/Bilinct Ritls Ship Voy Mo Etb/Btr Nrtod Frew T« Frowi kci ApncM 024A 04/0700 M 01/800 OVUM OVHOO Ao Mm MM Mm* i SVHM MM (MM 01/1500 n/NS* Ol/HOO U 01/1700 04/0*51 WWW a 01/1700 04/0459 nw 1 04/0700 04/ffH
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  • THE WORLD
    • Article
      Lock icon US growth will slow to 2% this year: economists
      376 6 WASHINGTON They also forecast steady rates with 2L9% inflation and squeeze on profits AFP US ECONOMIC growth will slow to an annual 2 per cent this year, with inflation held to 2.9 per cent and corporate profits contracting in the face
      AFP  -  376 words
    • Article, Illustration
      Lock icon Rebels failed to hurt govt: Fujimori
      292 6 LIMA NYT PERUVIAN President Alberto Fujimori broke an 11-day public silence about the country's hostage crisis, saying Tupac Amaru rebels had failed to hurt the government or stop the inflow of foreign investment "This is an illusion to those that feel this will sabotage
      NYT; AFP  -  292 words
    • Article
      Lock icon Rifkind downplays minister's tough EU call
      186 6 LONDON Reuter A SENIOR British government minister yesterday attempted to damp down a row in the ruling Conservative Party over a cabinet colleague's call for a more critical stance towards Europe. Foreign Secretary Malcolm Rifkind said Health Secretary Stephen Dorrell's demand on Thursday that
      Reuter  -  186 words
    • Article
      Lock icon German industrial output rebounds in November
      286 6 BONN 1.6% rise surpasses expectations; growth targets can be met Reuter GERMAN industrial production broke a two-month downturn to grow strongly in November, putting the economy back on course to hit modest 1996 growth targets ahead of an expected slack first quarter, analysts said
      Reuter  -  286 words
    • Article
      Lock icon Call for tighter luggage screening at airports
      219 6 LONDON Reuter SECURITY at many airports around the world remains inadequate and 8,000 unaccompanied bags find their way on to international flights every day, a leading British consumer magazine said yesterday. Despite tragedies such as the 1988 Lockerbie disaster, in which a bomb
      Reuter  -  219 words
    • Article
      Lock icon Congressmen file suit against line-item veto powers
      368 6 WASHINGTON They argue that veto law violates constitutional separation of powers NYT SIX senior members of Congress yesterday filed a lawsuit challenging the constitutionality of President Bill Clinton's new line-item veto power, which lets the chief executive strike out individual parts of broad
      NYT  -  368 words
    • WORLD Watch
      • Article
        Lock icon Man cleared in bombing gets US$500,000
        126 6 AFP [NEW YORKI NBC has agreed to pay more than US$5OO,OOO (S$700,000) to Richard Jewell, the man initially questioned in the bomb blast at the Atlanta Olympics, to avoid a defamation lawsuit, the Wall Street Journal reported yesterday. The paper said Mr Jewell and
        AFP  -  126 words
      • Article
        Lock icon Germany's Der Spiegel turns 50
        76 6 Reuter [BONN] The grand old lady of German news magazines, Der Spiegel, turns 50 today as dogged by controversy as the day it set out in occupied post-war Germany to be a self-appointed "assault gun of democracy". As staid in its presentation as it is
        Reuter  -  76 words
      • Article
        Lock icon Italy's public deficit busts ceiling
        63 6 AFP [ROME] Italy's public deficit reached 138.5 trillion lira (*****.7 billion) in 1996, an increase of more than 8 trillion lira from the previous year, the Italian treasury announced on Thursday. The centre-left government of Prime Minister Romano Prodi had fixed a deficit ceiling of
        AFP  -  63 words
      • Article
        Lock icon UK consumer credit up £1.1b in November
        84 6 Reuter [LONDON] UK consumers took on over a billion pounds of new debt in November to finance their pre-Christmas spending spree, reinforcing the case for a prompt rise in interest rates, analysts said yesterday. Data from the Bank of England showed net consumer
        Reuter  -  84 words
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      Page 6 Advertisements Column 1
      148 6 EXECUTIVE Appointments TO ADVERTISE CALL TOLL-FREE 1800-741 1883 International Fund Management Company Invites applications lor the following senior position:REGIONAL ANALYST Responsibilities: Analysis of Asian economies ond listed companies for portfolio investment decisions Pre-requisites: Good Bachelor's Degree in Accountancy, Business Administration or Economics. Post-graduate degree in finance or related field an
      148 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      408 6 THE WEATHER —I Wnpiww Breezy with sunny periods. Temperature (31-23) Aria Pidfle B/lt* Oni Cloy Hl/Lo* Good. Omwif HVLo* Oni Auckland »18 Cloudy Amsfcrda® o£-t Snow Vttantt 19k 10 (touts g"*"* Mkm 17/11 Sh<mm Hum Aim *18 Cloudy P#* fjf 9 Cloudy Bota i-6 Snow (Imgo 06D1 Ooud> 225 *55
      408 words
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  • COMPANIES & MARKETS
    • Article
      Lung Kee IPO to raise up to US$30m
      191 7  -  By t Annette Pan [SINGAPORE] Hongkong mould base maker Lung Kee Metals is raising up to US$3O million (Ss42 million) through an initial public offer of up to 55 million shares. Sources said yesterday that the shares would be priced between 50
      191 words
    • Article
      Creative stock hits highest level in a year
      376 7  -  Investors approve firm's bid to diversify: analyst By Kenneth James [SINGAPORE] Creative Technology yesterday continued its gravity-defying surge on the local bourse, confounding analysts who have consistently voiced grave reservations about its "one-product company" image. The stock added another 90 cents on
      376 words
    • Article
      Problems behind Chinese stock markets not addressed
      699 7  -  HOCK LOCK SIEW Lu Ning DEPENDING on which side one is on, the government can be the problem or the solution. And the role of the government was shown in a most dramatic way in the recent roller-coaster ride of the Chinese stock
      699 words
    • Article
      Fruit group offers 120m shares at 60 cents each
      439 7  -  LATESTIPOS FHTK Holdings hopes to net proceeds of $51 Jhn from first IPO of 1997 By, Agnes Wee [SINGAPORE] Fruit and vegetable distributor and processor FHTK Holdings yesterday launched the first IPO for 1997, offering 120.5 million shares on the main
      439 words
    • Article
      Lock icon Joinery maker gets listing nod
      209 7 Reuter [SINGAPORE] Chuan Soon Huat Industrial Group Ltd (CSH), a maker and distributor of doors, conservatories and other joinery products, yesterday said it has received approval to list on the main board of the Stock Exchange of Singapore. No details of the listing were given
      Reuter  -  209 words
    • Article, Illustration
      Lock icon Comfort MD quits, may be joining Lion Group
      288 7  -  Comfort seeking replacement for Sam Chong Keen By Christopher Tan [SINGAPORE] Comfort Group managing director Sam Chong Keen has quit his post at the helm of the land transport company. He has also resigned as MD of Vicom, Comfort's ve-hicle-inspection arm. Yesterday's
      FILE PHOTO  -  288 words
    • SINGAPORE & MALAYSIAN COMPANIES
      • Article
        Market value up 16% to $309b
        481 8  -  Top 10 best performing stocks included 5 that are traded in foreign currencies By\ R Sivanithy [SINGAPORE] Despite an indifferent 1996, the market capitalisation of the Sing a p or e stock market last year rose 16.35 per cent to a record $309.18 billion,
        481 words
      • Article
        RANKING OF SINGAPORE COMPANIES BY MARKET CAPITALISATION
        2911 8 PNEV CURR COMPANY HQ Of CLOSMGFWCE— K RANK RANK MKTCAP SHARES MW 3lA2/» CHANG£ RATIO (SSM) (HULKS) 0N» ON» I m SlnqTtf *****.4 ***** 114 13 SJ 34 16 R (Mmlcr US$ *****.4 5M 52l2~ 52.12 0 0 B OCK *****.5 581 10.66
        2,911 words
      • Article
        KLSE market cap jumps 43% to M$786b
        497 8  -  KLClnp 24% while Second Board shone with 93% leap By Larry Wee [SINGAPORE] The total market capitalisation of the Kuala Lumpur bourse jumped 43 per cent last year to M 5786.9 billion (*****.7 billion), compared to M 5551.1 billion at the end of
        497 words
      • Article
        RANKING OF MALAYSIAN COMPANIES BY MARKET CAPITALISATION
        760 8 CUM PNEV IKAP WKH HON CLOSE a* HIGH HOK ClOSE RANK RAM STOCK (MS* (SE* (SEN) (SEN) RAM RAM STOCK (MSM) (SEN) (SEN) (SEN) 1 1 TRIIIww *****.1 2430 1970 2250 EJ 63 SanwML* 4870.4 655 398 410 P 2 «Mfi *****2 1210
        760 words
    • REGIONAL/INTERNATIONAL COMPANIES
      • Article
        Lock icon Record 92 companies listed on KLSE last year
        502 9 Rapid expansion in year saw M£LBb proceeds raised MBT [KUALA LUMPUR] A record 92 companies were listed on the Malaysian bourses last year, a further testimony to the rapid expansion of the country's capital market. This was way ahead of the 51
        MBT  -  502 words
      • Article
        Lock icon Indosat sees steady growth in '97 with 490b-rupiah expansion
        263 9 Indonesian telecom firm aims for up to 14% profit growth Reuter [JAKARTA] Indonesian telecommunications company PT Indonesian Satellite Corporation (Indosat) said yesterday it was poised for steady growth this year on the back of a 490billion rupiah (Ss29o million) expansion programme.
        Reuter  -  263 words
      • Article
        Promet ends with 75% of Ipco after offer
        143 9 [SINGAPORE] Kuala Lumpurlisted Promet group has raised its stake in specialist infrastructure developer Ipco International from 59.2 per cent to 74.98 per cent at the close of its takeover offer yesterday. OCBC Bank, which is acting for Promet's wholly-owned Singapore subsidiary Oradea
        143 words
      • COMPANY Briefs
        • Article
          SML names new deputy chairman
          19 9 [SINGAPORE] Sembawang Maritime Ltd has appointed Cheong Quee Wahits deputy chairman effective Jan 1.
          19 words
        • Article
          First Energy buys Precision Plastic
          30 9 [SINGAPORE] First Engineering Ltd has acquired Precision Plastic Mikron Gears Sdn Bhd, which will make precision moulds to support its plastic components business in Malaysia.
          30 words
        • Article
          BPP ups stake in Walibilit to 70%
          47 9 [SINGAPORE] SPP Ltd has raised its stake in subsidiary Wallbilt Pte Ltd to 70 per cent from 51 per cent. It subscribed for 1.44 million $1 shares at par while its partner Kuan Fu Engineering Construction subscribed for 263,000 shares.
          47 words
        • Article
          UOB relaunches 3 unit trusts
          91 9 [SINGAPORE] United Overseas Bank has relaunched three CPF-approved unit trusts. United Growth Fund invests primarily in shares of companies listed on the Stock Exchange of Singapore and SES Clob International. United Regional Growth Fund, formerly United Basic Regional Fund, invests in stocks in Singapore, Hongkong,
          91 words
      • Article
        Lock icon Taiwan steel maker to buy Australia's Kingstream
        494 9 Move gives An Feng access to Aussie capital markets Bloomberg Business News [PERTH] An Feng Steel Co plans to buy Kingstream Resources NL through a reverse takeover that will combine the partners in a Asl.4 billion (551.54 billion) steel project and transform Taiwan's
        Bloomberg; Business News  -  494 words
      • Article
        Lock icon Kodak completes sale of photocopier unit to Danka
        189 9 Bloomberg Bloomberg BusinessNews [ROCHESTER, New York) Eastman Kodak Co has completed the US$6BB million (*****.2 million) sale of its money-losing photocopier sales and service unit to Danka Business Systems pic and said it will take a fourth-quar-ter charge of US$25O million on
        Bloomberg; Bloomberg BusinessNews  -  189 words
      • Article, Illustration
        Lock icon New York City comes to Las Vegas
        101 9 [LAS VEGAS] The USs46omillion (***** million) New York, New York Hotel and Casino celebrating its grand opening in Las Vegas, Nevada, with a fireworks display shot from 12 New York City-styled hotel towers on Tuesday. The theme hotel extends 47storeys and 529 ft
        REUTER  -  101 words
      • Article
        Lock icon US firms up dividends by 8% in '96
        316 9 Bloomberg Business News [NEW YORK) The big companies in the US raised their dividends last year by 8 per cent, the biggest annual increase since the bull market began in 1990 and sharply better than the 4.6 per cent improvement registered in
        Bloomberg; Business News  -  316 words
      • Article
        Lock icon Bank of Thailand urged to cut overnight rate
        363 9 AFP [BANGKOK] Thai Finance" Minister Amnuay Virawan yesterday urged the Bank ofji Thailand to take action to low' er the interbank interest to 10 per cent in a bid to boost sentiment in the stock market. Mr Amnuay said a sharp fall
        AFP  -  363 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Thai bank licences for 3 groups
        116 10 Reuter [BANGKOK] Thailand's Finance Minister Amnuay Viravan said yesterday the new coalition government of Prime Minister Chavalit Yongchaiyudh would follow a decision by its predecessor in granting new Thai bank licences to three local consortia. He said the three licence winners are groups led
        Reuter  -  116 words
      • Article
        Lock icon M$ most favoured Asian currency in '97: survey
        359 10 ITT. fiflMbUMßtaJs itfll strong, say S'pore, Reuter [SINGAPORE] The Malaysian ringgit is the most favoured Asian currency to buy in 1997, according to a survey of financial institutions in Singapore and London released yesterday by the independent consultancy group IDEA. "Malaysian fundamentals
        Reuter  -  359 words
      • Article, Illustration
        Lock icon US$/yen: bullish signs
        421 10 USS/mark: The US$ traded lower early this week from 1.5580 to touch 1.5360 by Dec 31, 96. However, it recovered on Jan 2, 97, the first trading day of the year and was seen trading around the 1.5430 level yesterday morning. Although US$/mark is still within the
        Sourer DCS hat ALLAN  -  421 words
      • Article
        Lock icon Boom in samurai bonds in Japan prompts warning
        440 10 Record 3J) trillion yen issued by foreign govts and firms, says SAP AFP [TOKYO] Fed up with the miserable returns offered by domestic banks on savings deposits, Japanese investors rushed in droves to the "samurai" bond markets in 1996. After an already
        AFP  -  440 words
      • Article
        Lock icon Troubled Banco di Napoli moves debts to shell firm
        283 10 FT [ROME] Banco di Napoli, the Italian treasury-controlled bank In the process of privatisation, has transferred 12,364 billion lira (5111.3 billion) worth of its bad debts and doubtful assets into a shell company to clean up its balance sheet. The size
        FT  -  283 words
      • Article
        Lock icon US banks open record number of branches in supermarts
        199 10 Bloomberg Bloomberg Business News [ATLANTA] Banks increased their branches in US supermarkets 40 per cent in 1996, according to International Banking Technologies, a consulting firm that advises banks on placing branches in stores. Most of the new in-store branches were full-service
        Bloomberg; Bloomberg Business News  -  199 words
      • Article
        Lock icon Euroyen dips on weak US bonds
        222 10 Mi—i« Report Reuter [SINGAPORE] Simex Euroyen futures were easier but off their lows yesterday following steep overnight losses in US Treasuries. Dealers said US bonds were again hit by strong economic data on Thursday, fuelling fears of an interest rate hike in the first
        Reuter  -  222 words
      • Article
        Lock icon CURRENCY REPORT
        166 10 Reuter THE dollar recovered during a quiet European session as firmer US asset markets prompted short-covering after Thursday's fall. Analysts said the dollar's fortunes in the near term will continue to depend on the performance on the US stock and bond markets. Any more strong data will only
        Reuter  -  166 words
      • Article, Illustration
        Untitled
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        1,056 words
      • Article
        Lock icon Indonesia needs two more new refineries by 2000
        282 10 ENERGY REPORT Reuter (JAKARTA] Indonesia needs two more oil refineries by 2000 to meet burgeoning domestic demand for fuel products, the president-director of national oil company Pertamina said yesterday. Faisal Abda'oe said the new refineries should each have a capacity of 125,000
        Reuter  -  282 words
    • Article
      COMMODITY PRICES
      1648 11 8IC0M FUTURES Jan 3 w RU68IR (Marts dMtaQM it UOpa) RSS 1 CONTRACT(S cMti/k|) CtoM Vdumt Opan Mot* low Satt (tannts) Intarast Fafc97 ***** T78.00 ***** WO '925 Mar 97 TT9.25 »25 Apr 97 185.00 W2.50 W.50 200 1375 »tay 97 185.50 183.25 182.50 200 1375 Jw 97
      1,648 words
    • Article
      WORLD STOCK MARKETS
      2206 11 LONDON MittflllS Jul Null AB Ports 282.400 1 Abbey Nation*! 747.400 3 Allied Domecq 444.400 *1 «nwc 92.400 unch AsdaGroup 124 1 BAT In* 483.400 1.200 WCC 275.400 -.600 BOC Group 870 4.600 BR Petroleum 681 -3.400 BTR 277.400 1 Bank al Scotland 300 -3.400 Barclay? 994.400
      2,206 words
    • Article, Illustration
      Lock icon HONGKONG
      1616 12 AFX-Asia fl Hang Seng *^35 SHARE prices closed higher yesterday, with very volatile derivatives-related trading in H-shares and red-chips the main feature of the afternoon session, dealers said. The Hang Seng Index closed up 19.35 points at 13,222.79 on turnover of HK$ll.l billion. The January futures contract was last
      AFX-Asia  -  1,616 words
    • Article, Illustration
      Lock icon CHINA
      625 12 Reuter QShenzhen Blndex -5.42 THE Shenzhen B market ended down sharply yesterday on profit-taking following Thursday's rebound. The index fell 3.7 per cent, or 5.42 points, to 142.17 on volume of 31.25 million shares worth HKJ160.6 million against Thursday's HK$l6B million. The A Share Index slumped 8.6 points, or
      Reuter; Source: Credit Lyonnsis Securities(Asia) Ltd  -  625 words
    • Article, Illustration
      Lock icon JAKARTA
      756 12 AFP Fl Composite Index +8.09 SHARE prices closed higher yesterday on the back of late afternoon buying from the United States, dealers said. "There was a lot of pro-gram-buying coming in and I think it was from the US. They were going after the blue chip stocks like Telkom,
      AFP  -  756 words
    • Article, Illustration
      Lock icon BANGKOK
      847 12 AFP D SETlndex -15.66 STOCKS fell 1.9 per cent yesterday to its lowest close since September 1992 in thin trading hampered by concern over finance companies' exposure to bad loans, analysts said. "There is ongoing concern about the provisioning levels of finance companies, particularly because of exposure to bad
      AFP  -  847 words
    • Article
      Lock icon MANILA
      292 12 AFP □"""I* +14.78 SHARE prices edged up yesterday on light foreign buying. The PSE Composite Index gained 14.78 points to 3,169.26. Turnover was 8.1 billion shares worth 1.33 billion pesos. Many foreign fund managers were buying selected blue-chip stocks in anticipation of higher economic growth this year, said an
      AFP  -  292 words
    • Article
      Lock icon SEOUL
      411 12 AFP n Composite Index +157 SHARE prices closed higher yesterday as broad-based bar-gain-hunting emerged despite protracted labour disputes in South Korea, dealers said. "Bank and construction shares led gains," said a dealer, adding that the renewal of widespread strike actions had little impact. The Composite Index rose 2.57 points
      AFP  -  411 words
    • Article
      Lock icon SYDNEY
      613 12 AFP P All Ordinaries -IL7 SHARE prices eased yesterday, led down by a weaker gold price and a volatile session on Wall Street. The All Ordinaries Index closed 11.7 points lower at 2,399.5. Turnover was 297.3 million shares valued at A 5494.1 million. Gold miners that suffered included Plutonic
      AFP  -  613 words
    • Article
      Lock icon WELLINGTON
      259 12 AFP Wellington +§jS7 SHARE prices were firmer at yesterday's close, buoyed by interest in Telecom and Brierley Investments. The NZSE-40 Capital Index closed 9.57 points stronger at 2,369.21. «n ioooi KHZ Btnfcmq _8.85 0.0« ***** Adv#ot*Q»t HMgj '-25 -0.04 MOO Air Mm ZMUnd (A) 2.72 -0.01 *****5 Air Mow
      AFP  -  259 words
    • KUALA LUMPUR STOCK MARKET
      • Article, Illustration
        Lock icon Shares up on late buying
        552 13 Bloomberg Business News H Composite Index ♦OJ2 STOCKS closed slightly higher yesterday, with attention centred on second-liners while the main index moved in and out of positive territory to close up on last-minute buying. The KLSE Composite Index advanced 0.92 point to 1,231.45. Turnover was
        Bloomberg; Business News  -  552 words
      • Article
        Untitled
        7238 13 i Owtt KLSC f nmoBiiti 1231.45 1230.93 •fl.M KTtoKhSKl 4354.03 MMM -1M HST rwunct *****52 *****.44 24.»2 NSTPrSS?«$ 2934.81 2*64.06 27.25 STKCT 3TU.40 3W7.13 ♦3.47 TwwrfWW iXwo -wir M<m Board VakKM* 71.901 ***** -2,656 MitoloifiVri(US) 454.020 4*5»608 *41SM cSSiSSVSd lEfe 7,3*1 *4,104 SSSJXpS 7.1*2 9671 -2.4A9 cSSru«£ 4.83C 6 966
        7,238 words
    • WARRANTS&OPTIONS
      • Article
        Long life span and high gearing in favour of Acma warrants
        170 14 WARRANT WATCH TELECOMMUNICATIONS firm Acma Ltd does not attract much trading interest these days. Its share price has been languishing just above $3 for some time now and does not look like going anywhere. But what's interesting is that
        170 words
      • Article
        Untitled
        3532 14 BONK, LOANS i VARIANTS MM Last Vol Oay Last Ouata A** H*. Lm ItM CMVWY W. ♦ar- roooi MMl 14* fc»rar 54 47 3000 mAMDBc5.5******6 48 51.5 39 3140 *AcarW0t0731US$ 47 J* 5 to* 66.5 31*4 Acma W*****4 »8.5 -1 43 69 88.5 88 89 89 2* 25 3141 AMTach
        3,532 words
    • Article
      CLOB INTERNATIONAL
      2176 14 Qr Or i«M LMt Vol Day Lot Out* H) Dh VM M M Cop mhe u» saw cww»n coooi hi» u» <m cv w "S 360 ms 5000 AS8SOc 376«d 3M 378 XO 4.9 03 M.0 38X7 18 84 ms 5001 AMOeSOc 94 undi 42 95 94 94
      2,176 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        678 15 -"-g"-- -""a--m. *i ii ggt* Jam vS **g "3® «S *5§ a jg »g 3 fh a a" 18 g f% nMM I J J J i J 5a I I i f f t I 1 iii ill m>>« £u 8 5 25r ii Ll 1 l,n w Meereee
        678 words
      • Article
        MAIN BOARD
        3181 15 w •X?*2L t C M* In StM* Cjll|»> ("OOOt V »ut iCf uTSIO 200 US- M.0 1000 900 AST US$0.***** US900 rri ION 7J 10 «J 263.1 7U 165 1258 ACOTSOC US171 -1 90 170 m 4H4 304 494 300 ml lOOOAcmtSOc 302 «*h ITS 304 300 300
        3,181 words
      • Article
        SESDAQ
        612 15 Or Or MIR mm LMt V* Bay IX OmM Mr Mr VM IM f4* A«* IM m mi cimi- ro—» —r« cw ■HHHM' W'JVIiMiWf 2M OS 2000 WWHk «2 4 142 142 *2 MA 10 W W BU L 2 2 3 2 5 S3 V s 1 fe
        612 words
      • Article
        Untitled
        205 16 ingnc^H ttadu Votane •Uniphoeni* TSR ....r,.,J 9.805,000 •Aztech 5c 3.531.000 j£c 2.768.000 SingTel ISc 1.573,000 *8«r}aya Ind 1,552,000 Khn Enq *197 1,330,000 ?tik Land US$0.1 1.299,000 DR Und 1.268,000 TlufcrjJKk 1,262,000 •Berjaya Group 1,051,000 Stodu I U06 Foreign 15,160,779 OCBC Foreign I 13,672,860 •UnipAoeni* TSR 12,720,390 DBS Foreign 9,051,230 DBS
        205 words
      • Article, Illustration
        Market starts year on slow note but dealers upbeat
        653 16  -  STOCK HUBT COMMENTARY Investors generally shrug off the general election results and instead focus on events overseas especially Wall Street By R Sivanithy [SINGAPORE] Local stocks got 1997 off to a slow start yesterday, as investors generally shrugged off the general
        653 words
      • Article, Illustration
        HOT STOCK
        72 16  -  as tics c v. by S Shiv Taneja AZTECH SYSTEMS, which closed 5.5 cents higher at 48.5 cents on a volume of 3.5 million units yesterday, may look like a short term sell. However, investors with a longer term view on this counter ought to consider any dips
        72 words
      • On THE GRAPEVINE
        • Article
          Bigger market, more competition
          138 16 LIBERALISED Central Provident Fund rules for investment from this year aren't going to make life any easier for unit trust managers, what with major insurance companies getting into the fray. Yesterday, Prudential Assurance launched two new investment-linked products to tap this bigger market, while John Hancock
          138 words
        • Article
          Competition all over
          152 16 IT ISN'T only the unit trust companies and insurers that are going to feel the heat of competition this year. We hear that in the arena of third-party distribution of investment products. Standard Chartered Bank will no longer be able to gain market share at will. Apart
          152 words
        • Article
          Part of China? Japan?
          82 16 A COLLEAGUE ordered a book from a major US publisher last month, and it was truly a remarkable feat of the postal system that the book actually found its way to the buyer. This, given that the invoice (which came under a separate cover) was addressed
          82 words
        • Article
          It's all in the planning
          72 16 HERE is something one doesn't get to hear too often. According to a report in a recent issue of Asiamoney, Indonesia's Ministry of Family Planning has been discussing with the mutual fund industry there how it can help use its experience in educating the public
          72 words
        • Article
          More does not always mean cheaper
          132 16 MORE cables are being laid between Asia and the US, and within Asia, but that may not necessarily translate into cheaper telecommunications, reported the Asian Wall Street Journal. This is partly because the consortia that pay to lay cables is a club that usually
          132 words
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      172 7 II 1— ——i-r -A l-|J J S A I A new ARTS I nTk I publication dmm_ I B ,<ag I covering news »iMi»«iii««m: I Music, Dance, urnimmtmrn 1 I Literature... W HSHf I e S f L A M A P E ITINGTU *****1 I Jk& «^v ...andKfl -if"
      172 words
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      60 9 When the Market gets i Going, the Savvy Keep track of the latest Singapore and Kuala Lumpur Y/U&JP& jßp? Jr stock prices on BT Stockwatch— jfl 1/ M' http://www.asia 1 .com.sg/btstocks T*6 4*J ttmma on the Internet. Eaca BUSINESS CENTRE 1 YOUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS NEWS
      60 words
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      35 11 ♦The Tokyo stock market was closed yesterday. "For real-time stock information, call Quickstock on l9^9b«{N» S at 30|cents X\ i a minute. Stock mumpers we/ available stock pages of The Business Times and Lianhe Zaobao."
      35 words
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      72 12 GIVING YOU THE WINNING EDGE a id \^A3JqL V appetising treats. Local specialities upgraded to star ,v W" C 111 C* ill 111 status with choice ingredients. Lookingfor signature items; roast beef and suchling pig? Head for t j 1 I I I L)t IICIOUS the rotisserie counter. Then indulge.
      72 words
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      41 13 vjhen the Market gets Going, the Savvy go £URFSN£ Keep track of the latest Singapore and Kuala Lumpur stock prices on BT Stockwatch— http://www.asial.com.sg/lrtstocks on the Internet I BUSINESS CENTREI YOUR ONE-STOP SITE FOR SINGAPORE AND ASIAN BUSINESS NEWS AND INFORMATION
      41 words
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      117 14 Send lO free faxes toctayl Mk I HjEttNAUftlflk Got an Internet account...try out hh Send e-mail to any place in I 11 F AsiaOne's Fax Mailer where you AA H H continental United States from I H——lf can send e-mail mam J[ MM H Bhß anywhere in the worid for
      117 words
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      68 15 Enha ffiOcrp I Company anniversaries. Official openings- Corporate achievements. Topping-up ceremonies. And other special events. They are a cause for celebration. Use them to increase your company profile by taking out a Special Feature in our group of newspapers. Talk to us! We'll be pleased to be your marketing partner.
      68 words
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      Page 15 Advertisements Column 2
      31 15 For Horn* or Office deWvort— of: The Straits Times. The Sunday Times, The Business Times, LienHe Zaoßao, Benta Marian, Berita Minggu, Shin Min Daly News. UanHe Wanßao cal our Hotline 1800-749-2577.
      31 words
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      527 16 1 BUSINESS Aw/m IN THE MATTER OF THE COMPANIES ACT, CHAPTER 90 AND IN THE MATTER OF QIXING TRADING PTE LTD (la Mem ben' Voluntary Liquidation) Al an Extraordinary General Meeting of the company held on 28th December 1996 the following Special Resolution was duly passed "RESOLVED (hat the company
      527 words
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      Page 16 Advertisements Column 2
      342 16 l<> \l>\ I K I ISI I I I< >1 I -I Kl I INIMI-741 ISS3 M THE MATTER OF THE COMPAMES ACT, CHAPTER 90 AND PREMIER PAPER DOYLEYS (PRIVATE) UMTTED At an Extraordinary General Meeting of Premier Paper Doyteys (Private) Limited held atso Jalan Sultan #16-06, Jalan Sultan Centre.
      342 words
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      Page 16 Advertisements Column 3
      305 16 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF PO SANG LAN (SINGAPORE) PTE LTD MEMBERS' VOLUNTARY WINDING-UP At an Extraordinary General Meeting of Po Sang Lan (Singapore) Pte Ltd convened and held at 7500 A Beach Road •16-322 The Plaza Singapore *****1 on 30
      305 words
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      Page 16 Advertisements Column 4
      28 16 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 16 Advertisements Column 5
      38 16 SWSWSWWWSSWSSSSSWSSSSSS/SSS/,S/SSS,/SSS//,S/S."S//S/S////,//„/,/,S/SSSS////////////SSSS/S/SS. THE STRAITS TIMES CLASSIFIED f YOUR GUIDE TO MORE PRODUCTS SERVICES TW I 1011-I 011- 5 K How to enhance your company profile? !<i 11 in I out. call Jor ,I(IJIJ > I or lionald .10 l!" IHofVina
      38 words
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  • EXECUTIVE
    • Article, Illustration
      The rise of Thai executive clubs
      1433 17  -  Compared with other Asian business centres, Bangkok has been slow to embrace the concept of private membership clubs. But this may now be changing, lux botd reports ALAN BOYD IN 1988, an army general, a politician and a diplomat-turned-businessman met in the unlikely surroundings
      1,433 words
    • STRAWS In The Wind
      • Article
        We heard that
        79 17 REPORTING "live" on the 1997 General Election can be nerve-wracking, as one TCS commentator showed while covering the polling results. Her first mention of Chiam See Tong, MP for Potong Pasir, was correct, but subsequently, she called him Dr Chiam and Mr Charm. We were also amused
        79 words
      • Article
        We saw that
        60 17 DOES anyone remember seeing the How-to-Vote ad on TV, where a smiling girl is given someone's IC and crosses out the name on her list? There's no chance of seeing it anymore, but if you had looked closely, you would have noticed that the name on the
        60 words
      • Article
        Get to the bottom of it
        48 17 SLOPPY subtitling either spoils a movie, or makes it fUnnier. One example is Victory, a Hongkong movie about a vol- leyball team. In the subtitles, a male teacher tells his female students they must analise everything before they come to a conclusion.
        48 words
      • Article
        Off to the foreign legion
        52 17 STAR WARS fever is back in full force. Two life-sized Imperial Stormtroopers flown in for the recent Star Wars fair at Takashimaya were snapped up for $6,000 each. A small amount, really, considering that the two troopers' new owner is a member of an Asian
        52 words
    • VIEWPOINT
      • Article
        India's economic mastermind
        2095 18  -  THE RAFFLES Conversation India's Finance Secretary Montek Singh Ahluwalia, the technocrat in charge of crafting the country's economic policies, tells thuh xhamxa why he is unfazed by having to work within the constraints of a 13-party coalition government And why politics is not for him VIKRAM KHANNA
        2,095 words
      • Article, Illustration
        Lock icon A job that's more fascinating than frustrating
        620 18 ELEVEN years ago, Montek Singh Ahluwalia quit his job with the World Bank to become an economic adviser to the Indian government. I "It was too attractive an offer to turn ddwn," he says. "And actually, it turned otft to be even more
        ARTHUR LEE  -  620 words
    • MOTORING
      • Article, Illustration
        Favourites from the Class of '96
        1323 19  -  Exciting new entrants and intense competition among dealers made 1996 a car buyer's choice year, ciuujtwhbk tam picks out the best deals on wheels CHRISTOPHER TAN LUXURY, sports and lifestyle vehicles dominated the new car scene here in 1996. Almost two out of three
        1,323 words
    • Article, Illustration
      Lock icon Creature comforts at The Zoo
      721 20  -  NIGHTSPOT Had your fill of watching four-legged beasts? Marina South offers a night safari with a difference By, A Surendren PARTY animals belong to The Zoo. No, not the Night Safari, but the new club in Marina South. Barely a month old, this club, which
      SIEW YAW HOONG  -  721 words
    • Article, Illustration
      A highly original child
      571 20  -  CINEMA She doesn't look like much, but little Dawn Wiener will soon win your hearts when she bids you Welcome To The Dollhouse By. David Boey IF MAKING movies were a formulaic exercise, then it would appear that director/writer Todd Solondz has got his fundamentals all
      571 words
    • Article, Illustration
      Gender bender without any fizz
      578 21  -  CINEMA Different For Girls offers no new insights into the tr&nssexn&l experience By\ Corinne Kerk MOVIES about transsexuals are hardly new, which makes you wonder why yet another has been made without offering viewers anything at all fresh or original. Different For Girls may sound
      578 words
    • Article, Illustration
      WHAT'S ON
      381 21  -  Compiled by i M Yasotha PBRTOEMAMCES Absence Makes The Heart Grow Fonder It seems like a perfect family until a fatal disease befalls the patriarch, tearing down the facade and forcing each member to come to terms with their morality and values. Performed by students from Eusoff Hall
      381 words
    • EPICURE
      • Article, Illustration
        Lock icon Family fare at Brasica
        606 22  -  If s an Australian-Singapore joint venture, but don't go expecting any bush tucker, cautions ooemiib sere CORDINE KERK KOWthat Singapore is swimming ina sea of Italian restaurants, it seems like a logical alternative to look Down Und|r and introduce the less common Australian cuisine. Tjfce Moomba
        SIEW YAW HOONG  -  606 words
      • Article, Illustration
        Lock icon A question of metabolism
        552 22  -  COFFEE CLUBS In terms of staff activity, CBTL and Starbucks couldn't be more different By Jaime Ee IF YOU think coffee is coffee, you're either a non-drinker or someone who's been living in a can of condensed milk for the past five years. Coffee isn't so
        PHOTOS BY CHRIS LOH  -  552 words
      • Article
        More good meals at Da Paolo's second outlet
        483 22  -  RESTAURANT The new Club Street address serves op some great spaghetti vongole and train in fillets By Jaime Ee AS AN example of understated elegant dining, Italian-style, Da Paolo in Tanjong Pagar has managed to hold its own despite intense competition from
        483 words
    • Article, Illustration
      CINEMA
      1042 23 The Adveetnree Of Ptaoeehie. Martin Landau is the old woodcarver in this animation-live action version of the classic tale. ClementL 3; 5.30. New Crown: 1.30; 3.30; 5.30; 7.30; 9.30. Queens way: 5. Army Dam. Five Singaporeans get their army training. Cathay: 1.30; 9.15. Yishun: 2.50; 9.30; 11.30; 1.30 am.
      1,042 words
    • TRAVEL
      • Article, Illustration
        Lock icon Staying in harmony with nature
        1271 24  -  Riding down mountains, surfing the waves, watching whales and diving in the deep it's easy to see why a taste for adventure soon develops after arriving in Maul mami okaham reports MARK GRAHAM Twenty people stand on a gently rocking boat, all quietly hushed, with
        PHOTOS BY MARK GRAHAM  -  1,271 words
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      8 17 Raffles Conversation Montek Singh Ahluwalia EL 2 Z-jBhBM
      8 words
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      Page 17 Advertisements Column 2
      106 17 Motoring Favourites from the Class of' 96 EL 3 SAAB9OCSK Seasons Greetings. And best wishes from the rest of the hotel. You know what creative people are like; they always want to he different. So while everyone else at the Four Seasons sends you their hest wishes for a I
      106 words
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      87 20 r For real-time stock information, call Quickstock on 1900-913-0003 '-r at 30 cents a minute. Stock numbers are available in the stock pages of The Business Times and Lianhe Zaobao. tfaff 1 A. J 1 monthly multimedia n&Qazmf mam Si "H v&J To subscribe, call *****81 < wml»r^ii«ug^-» i Listen
      87 words
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      Page 20 Advertisements Column 2
      62 20 HOVEX£eM ?S6® lieeiee H^ eie ie lV l ™**HFlBfll®l Styfish p 3^o 1~70 ZL. nk, PMt. furniture I r Fab bargain buys in BombaylO^ Ullu ~f|*lSßlra V Is^ IHIBMII Classic stripes A^QT^ checks from $29 iCJC/ GET IT NOW! Rmes the Bookshops NIUC Supermarkets Kmokuniya Hewn MPH SfOP PRESS KjosKs
      62 words
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      Page 21 Advertisements Column 1
      518 21 Where to wine, dine and entertain...... JQotvnpe Ca3 Our Resident Band STARSTRIKERS J AA I by Popular Af belt latest hits, ballads, oldies I but goodies and I not forgetting your I special requests. So come down to the V HAPPTHOURS: I Lobby Lounge and 5.00 PM 8.00 PM have
      518 words
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      Page 21 Advertisements Column 2
      154 21 LONGEST rfi-jea m TOW BY POPULAR DEMAND! Ma,, on our spread of Pastries, Nonya Kueh, I and localfavourites like Mee Slam, Laksa. Rojak, Mee Rebus and more! Adult: $12.80 (Sat Sun <J Public Holidays SI3 80) Child: $7.80 Smbffel to ten/ice charge 4 govt taxes, imcludutg GST. Prices subject to
      154 words
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      Page 21 Advertisements Column 3
      81 21 BIGGEST': Dian Xin Restaurant At The Neptune j on Shenton Way J Dian Xin/Lunch v|fi3 fg I *cj« i JBygaP J 7TM FLOOR. OVERSEAS UNION MOUSE. Western and local delights for a ideal family get together Special children's favourites also available 12 noon to 2:30 pm every Sunday > Adult
      81 words
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      92 22 c Enhance I X Corporate m. Wwk M M JB M M M rl?" I* <; |p Company anniversaries. Official openings, jj\ p Corporate achievements. Topping-up j| ceremonies. And other special events. They are a cause for celebration. Use f^ them to increase your company profile I by taking out
      92 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      1816 23 TODAY'S TV IMMnMm>wwl m warn ILOO AM TV Innovations. iao Columbus. TTr LOO PM Golf. APGA96. I SjOO Ultraman Taro. patient ana aocior 2.00 And They Walked Away. &30 Kaanbom Karpom fL<u/ D 1/ respectively. 340 Tennis World. flin D\7iHdHPO 3JO Golfing World. HL 100 Malgudi Days. "l^ l CVIUCUtC
      1,816 words
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