The Business Times, 9 August 1997

Microfilm: NL20888
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    14 1 THE BUSINESS TIMES MITA (P) 023/12/96 85c SINGAPORE Internet http://www.asial.com.sg/biztimes WEEKEND EDITION, AUGUST 9-10,1997
    14 words
  • Article
    PM persuades Koh Beng Seng to 'shelve' resignation
    266 1  -  Deputy MD of MAS to help review financial sector policies Byl Conrad Raj [SINGAPORE] Singapore's top hnancial regulator, Koh Beng Seng, has been persuaded by the Prime Minister to shelve his resignation and help do a review of the financial sector. A
    266 words
  • Article
    FINANCE
    69 1 USS St tot 1.477 I IJM IMS w US i.788 YEN Itt MM 1-247 Ml W77 0J567 KKS MM #.111 BAMT „<L«2 0jM7 BUP1AH 100 tin MS7 HUM lira SWGAPORP 141 KUALA LUMPUR 9 JO JAKARTA 18.01 BANGKOK lltt MANILA 11M HONGKONG 8.75 TAIPEI MO SYDNEY U» TOKYO 11*
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  • Article
    MARKET SUMMARY
    53 1 BKfw Dim* (-9.31) JMBTCOBP lufl miM (-5.57) D Sojft+6.l7) STOCK MAHET INDICES Friday Chanee KliSECOMP MLK +4.88 NIKKEI 19J94.48—+IJ8J1 HANG SENG WHIM *71 SETINDEX 838J5 -1H JAKARTA COUP 176.44 SAO MANILA COMP _U47« 8.19 TAIPEI WPI 9,1084 *«J8 SEOUL COUP 758.91 Cl^ACHtNAB—1JJ7.46 >6118 AUSTALLOKD 2,711.4 l.OOpn EOT Change
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  • Article, Illustration
    Lock icon S'pore turns in surprise 7.8% growth in Q2
    514 1  -  Further strengthening expected for 2nd half, growth forecast for *97 revised to 6-7%: PM By Ven Sreenivasan [SINGAPORE] The Singapore economy turned in a surprisingly robust second-quarter performance, growing 7.8 per cent on the strength of a manufacturing recovery. Announcing the Q2
    Source: MTI  -  514 words
  • Article
    Press Statement from the PM's Office
    133 1  -  Mr Koh Beng Seng The Prime Minister has seen Mr Koh Beng Seng, deputy managing director, MAS, regarding his notice of resignation from MAS. The PM understood his reasons for wanting to leave MAS but has persuaded him to shelve his resignation. Mr Koh
    133 words
  • Article, Illustration
    Lock icon Unsold private homes hit 15,500 units: URA data
    437 1  -  With occupancy down to 9L7%, selling prices most come down, say analysts By] Diana Oon [SINGAPORE] Latest data on private housing stock released yesterday showed 15,527 unsold units at the end of June, 17.7 per cent more than the 13,191 at end-March.
    Source: URA  -  437 words
  • Article
    Market calmed by official word on dual listings
    665 1  -  By R Sivanithy [SINGAPORE] Reassurances from the authorities eased the turmoil and confusion in the stock market early yesterday, following the surprise news that ST Computer Systems Services had merged its Local and Foreign shares into one tranche. Amid widespread fears that
    665 words
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      Page 1 Advertisements Column 1
      106 1 Una# mttafied with Hsb Mahathir The Umno supreme council is satisfied with the petition of the ringgit, said Malaysian Prime Minister Mahathir Mohamad yesterday. The government will not intervene even though the ringgit has hit a 39-month low against the US$, Pgs OCSC prtfit up 11% OCBC Bank achieved an
      106 words
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      Page 1 Advertisements Column 2
      257 1 National Day Awards recipients, Pg 2 ■k fl fcs M Pal ky| _\Wwi9HHi Thr Hrrnrt Clipper rrirmklri tkr porthole of a chip. Thr nauliral, sporty appearance of the dial ia enhanced by »i* fine, gold rivet* around the ateel bezel. With an H-deaign metal bracelet or a buffalo hide atrap
      257 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      SingTel: lower international charges may not hurt earnings
      719 2  -  New US telco rates won't affect Sing Tel modi as its rates already among lowest By i Catherine Ong SINGAPORE Telecom (SingTel) said yesterday that its earnings may not necessarily be hurt in the long run when all phone companies lower the
      719 words
    • Article
      Asean to boost telecom co-operation
      231 2  -  Regulators' council agree to co-operate in five areas By' Teh Hooi Ling THE third Asean Telecommunication Regulators' Council (ATRC) ended its meeting here yesterday with a signed statement of intent to reaffirm its commitment to intensify cooperation in the field of telecommunication regulation. The Asean
      231 words
    • Article, Illustration
      Lock icon Merc recall to inspect brakes
      286 2  -  Some complaints that new braking system is 'over-sensitive' By\ Christopher Tan LUXURY car maker MercedesBenz is recalling a wide range of new models worldwide to inspect, and if necessary repair, a high-tech braking system. The exercise, expected to involve 176,000 vehicles and cost US$2O million
      FILE PHOTO  -  286 words
    • Article, Illustration
      Lock icon PM Goh envisions more integrated Asean economies
      382 2 The Straits Times PRIME Minister Goh Chok Tong has said his vision for Asean for the next 30 years is for the region's economies to become more integrated. "Asean countries should compete as a single economic area against other bigger countries and regions
      The Straits Times; AFP  -  382 words
    • Article
      Chiller thriller at Tang Dynasty City
      320 2 SINGAPOREANS will be able to experience sub-zero temperatures and real snow right here on the island. The owners of theme park Tang Dynasty City plan to build a "Snowland" which will sit alongside a 250-room Holiday Inn hotel within the park in Jurong. The
      320 words
    • Article, Illustration
      Outstanding National Day Award Recipients
      48 2 former chairman, SMRT chairman, Land Transport Authority J deputy president, OCBC; deputy chairman, Slmex contributions to devt o( Singapore's financial sector eye surgeon, medical director of Singapore National Eye Centre campaign Universities Endowment Fund, NU8 38B OhaogWalEwag k managing director, muonvniiii sociaJwul co»mt*ity
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    • Article
      Call for land sales curb: Is Redas trying to blame govt?
      158 2  -  LETTER TO THE EDITOR Thomas Ling I REFER to your report on the Redas letter to the minister (BT, Aug 8). I wonder, in asking for land sales to be curbed, is Redas trying to put the blame on
      158 words
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      Page 2 Advertisements Column 1
      28 2 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
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      335 2 THE WEATHER Singapore Slightly hazy with showers in the late morning and early afternoon mainly over Northern and Western Singapore. Temperature (33-25) AMMIk HVLo* Oni Europe HV/Lo* OtmL AMriot BVU* Oni Autttad IMB Showm AMfntaa 24/11 Ctarfy Burros Arts IVUO Cloudy Burfu* UTS T*r» AMmr 11/21 Tstom 1 BfST mi
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      28 3 Pacific Century Congratulates Singapore jqo u a on its 32nd National Day. 38th floor, Citibank Tower, Citibank Plaza, 3 Garden Road, Central, Hong Kong. Tel: 852-2514-8888 Fax: 852-2524-4375
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        471 4 Those polled for their views on the Singapore stockmarket outlook next week were: Daiwa, Deutsche-Morgan Grenfell, Fraser 'Securities, GK Goh, ING-Barings, Phillip Securities, Indosuez 'WI Carr Securities. Avimo *>(Buy) DBS Investment Research, Aug 7, $2.05 Avimo Group's net earnings are expected to grow in excess of 25
        471 words
      • Article, Illustration
        In My Opinion
        423 4  -  iMMUger Schroder Investment Management Singapore 7 Benjamin Ho 44T N SPITE of the doom I and gloom that was _L predicted, Hongkong has greeted the return to Chi- > nese rule with optimism. As investors in Hongkong, 7r we share that optimism. While fact that the Basic
        423 words
    • Article
      DIY investment road-map
      721 4  -  Every investor big or small should plan what he wants to invest where before parting with his money By\ Shiv Taneja [SINGAPORE] Local equities look attractive, there are a slew of exciting unit trusts available, and on the fixed-income front, retail investors are being aggressively wooed so
      721 words
    • Article, Illustration
      Lock icon No early upturn seen for stocks
      470 4  -  BYE OK THE REGION: MALAYSIA From, Eddie Toh in Kuala Lumpur THE Kuala Lumpur Stock Exchange plans to become a bourse of international standard with two symbolic moves this month. One is the move to a shorter trade settlement period in two weeks. The
      FILE PHOTO  -  470 words
    • Article
      Unit trust performance miking
      669 4 Next publication dale: Sep 13,1997 hMMl in ttfca lyr Iff lyw iwmMitiivw 5— Nichi»s-ASi«»?S« SoWW 2JH 3 -1.4? |!|S I 27/04*7 0» 5 -05S 6 -10-g IJJ J 12J6 3 103.73 3 12S5S -IJ7 9 -5.43 10 10 -709 .0 0.02 7 32 31 J oSSJto
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    • Article, Illustration
      Lock icon Amara Holdings' IPO finds favour
      396 4  -  Low price, overseas projects, discount to revalued assets cited Tan Su Yen [SINGAPORE] Hotel-based Amara Holdings' initial public offer seems to have struck a chord with analysts. "Subscribe" recommendations outnumber "stags" for the first asset-based IPO since Liang Court listed in 1992. Amara, whose flagship
      FILE PHOTO  -  396 words
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      Page 4 Advertisements Column 1
      49 4 You may have been unable to get your Business Times, Straits Times, Sunday Times, LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577, and ask for home or office delivery service.
      49 words
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  • REGION
    • Article, Illustration
      Umno satisfied with position of M$: Mahathir
      417 5 KUALA LUMPUR Govt will not intervene even though M$ has hit 39-month low against US$ MALAYSIAN Prime Minister Mahathir Mohamad said yesterday the Umno supreme council is satisfied with the position of the ringgit although its value has dropped and the government will
      417 words
    • Article
      KL stocks lose 7% in a week on fears over economy
      456 5  -  KUALA LUMPUR By: Meera Tharmaratnam MALAYSIAN stocks finished the week down 7 per cent its largest weekly percentage decline in seven years as fund managers and economists fretted over the fragile state of the economy. The benchmark Kuala Lumpur
      456 words
    • Article, Illustration
      Lock icon Indonesia's central bank trims short-term money market rates
      541 5  -  JAKARTA But stock market still falls on worries over rates, banking system By\ S N Vasuki INDONESIA'S central bank yesterday loosened Its grip on liquidity by trimming shortterra rates in the money market. That did not prevent a continued slide in the
      Source: Bloomberg  -  541 words
    • Article
      BOT starts credit line, deposit guarantee for finance sector
      554 5  -  BANGKOK Confidence bafldmg measures come under IMF's bail-oat terms By] Harish Mehta THE Bank of Thailand launched two new confidencebuilding measures yesterday a credit line for the cashstarved financial system and a deposit guarantee scheme to bolster faith in the banking
      554 words
    • Article
      Lock icon MAS to attend IMF meeting on Thai rescue package
      274 5 SINGAPORE Reuter THE MONETARY Authority of Singapore (MAS) said yesterday it would attend a meeting organised by the International Monetary Fund (IMF) to discuss a rescue package for Thailand in Tokyo on Monday. "The MAS will be represented at the IMF-organised
      Reuter  -  274 words
    • Article
      Ekran-ABB dispute still in deadlock; KL seen stepping in
      347 5  -  KUALA LUMPUR Minister expected to try resolve fight over contract terms aeon By] Eddie Toh TING Pek Khiing's Ekran Bhd, developer of the Bakun dam in Sarawak, and turnkey contractor Asea Brown Boveri (ABB) have yet to break a deadlock over
      347 words
    • Article
      Lock icon Vital bank laws to go before Viet assembly
      129 5 HANOI Bloomberg VIETNAM'S parliament will tackle two long-anticipated banking laws when its newly elected members convene in mid-September, according to the State Bank of Vietnam. Government-level meet-ings-late last week ruled that Vietnam's State Bank must submit final drafts of the State Bank
      Bloomberg  -  129 words
    • Article, Illustration
      Lock icon Going canoeing on the rooftop
      54 5 [TOKYO] Five-old Akira paddling a canoe at a pool on the rooftop of a Tokyo department store yesterday during a sales promotion of their outdoor sports goods. Japan's department stores allocate large spaces for promotion of their outdoor facilities due to a boom in interest
      AFP  -  54 words
    • Article, Illustration
      Lock icon US says it will deal with new Cambodian PM Ung Huot
      285 5 WASHINGTON even though it sees selection process as undemocratic Reuter AFP THE United States on Thursday said it would deal with the newly-appointed First Prime Minister of Cambodia even though it considers the process of his selection undemocratic. More
      Reuter; AFP  -  285 words
    • Article
      Lock icon US growth to pick up in Q3, say manufacturers
      404 6 WASHINGTON Surge in consumer spending, low inflation should spur economy Bloomberg GROWTH in the US economy should pick up in the third quarter, led by a surge in consumer spending, and with little sign of inflation, the National Association of Manufacturers
      Bloomberg  -  404 words
    • Article
      Lock icon Dow down 168 points at 1pm on profit-taking
      131 6 NEW YORK Bloomberg US STOCKS fell for the second straight day yesterday, hurt by higher bond yields and profit-taking after a rally earlier in the week. Banks and Coca-Cola Co led the decline. At 1 pm EDT, the Dow Jones Industrial Average
      Bloomberg  -  131 words
    • Article, Illustration
      Lock icon A gas of a time for sightseers
      66 6 [LONDON] The world's largest tethered passenger helium balloon floating behind the Palace of Westminster, home of the British parliament, yesterday after the launch of London's latest tourist attraction. The balloon which is tethered in a south London park will give tourists to the
      AFP  -  66 words
    • Article
      Lock icon Japan's current account surplus balloons 40%
      295 6 TOKYO Ye&r-on-ye&r rise to 5,054b yen first in four years AFP JAPAN'S current account surplus ballooned 40.4 per cent from a year earlier to 5,054 billion yen (5563.2 billion) in the June half, the first such increase in four years, the finance ministry said
      AFP  -  295 words
    • Article
      Lock icon India's Congress (I) parly vows to return to power
      383 6 CALCUTTA AFP THE Congress (I) party launched a scathing attack on India's minority government yesterday and pledged to return to power. Congress president Sitaram Kesri, who keeps Prime Minister Inder Kumar Gujral's centre-left government afloat with his parliamentary backing, said: "My
      AFP  -  383 words
    • Article
      Lock icon US may end N-plant sale ban on China
      428 6 WASHINGTON Bloomberg THE Clinton administration may announce an end to its ban on sales of nuclear power plants to China during a state visit by Chinese President Jiang Zemin in October, opening the door for power-plant sales by Westinghouse Electric Corp and
      Bloomberg  -  428 words
    • Article
      Clinton, Jiang must aim to get results at summit: US expert
      427 6  -  SINGAPORE Or critics will challenge basis of ties, he warns By] Lu Ning A LEADING US expert on China warned here yesterday that failure to take steps to produce meaningful results at the coming summit between US President Bill
      427 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1436 6 city iMfjmjHVB. AhuDhaW CA090 0015 VK741 1310 S0I76 1105 JO* om mo ore 2055 Jg S0229 2220 Hat Yli MI893 V415 TG408 0820 Amman RJ18? 0130 T6407 2105 MI894 1040 Am»t»rd»m —I S 5 S0977 1655 S0978 OOP 0125 0655 KL838 2300 V*741 1310 $0172 0940
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    • Article
      Lock icon Nomura fined by Exchange, dealers' group
      271 6 ■TOKYO Bloomberg NOMURA Securities, Japan's largest brokerage, was fined 100 million yen (Ssl.2 million) each by the Tokyo Stock Exchange and Japan Securities Dealers Association for making payoffs to a sokaiya corporate racketeer. The fines are in addition to the Finance Ministry's punishment for
      Bloomberg  -  271 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      OCBC posts a strong 11% rise in interim to $339m
      475 7  -  Property-related income kit, *11 other areas firm; analysts raise estimates By I Siow Li Sen [SINGAPORE] OCBC Bank yesterday reported an 11.3 per cent rise in interim group net profit to $339.1 million for the half-year ended June 30 despite
      475 words
    • Article, Illustration
      US' Rainforest Cafe to open here and expand into region
      285 7  -  By< Ang Wan May NASDAQ-listed Rainforest Cafe is opening an outlet in Singapore and expanding into the region. Touted as "a wild place to shop and eat" the US chain of cafes has volcano entrances, live fish in overhead aquariums,
      285 words
    • Article
      The red-chip casino: when will the chips go down?
      686 7  -  HOCK LOCK SIEW Jamie Allen LAST month Britain's cheeky Economist magazine frazzled more than a few jittery nerves in Hongkong when it described the city's brash and speculative stock market as the "Wild West of the East". Anthony Neoh, the high-profile
      686 words
    • Article, Illustration
      Lock icon Cool response to Venture's OEM
      368 7  -  Optics Storage will bundle Nova Station software with drives By, Jennifer Lien [SINGAPORE] The identity of one of the original equipment manufacturers which will bundle Venture Manufacturing's much-touted new audio software was revealed yesterday and proved a damp squib. Local CD-ROM drive manufacturer Optics Storage,
      Source: Bloomberg  -  368 words
    • Article
      Thakral to sell Adelaide hotel after reviewing group portfolio
      370 7  -  By Tan Su Ten [SINGAPORE] Thakral Holdings, the Australian property arm of Singapore's Thakral Group, yesterday put one of its hotels, the Hindley Parkroyal in Adelaide, up for sale. Thakral acquired the 178room hotel when it took over the Westpac Hotel
      370 words
    • COMPANIES
      • Article, Illustration
        Lock icon Proton will be dented by weaker ringgit: chairman
        369 8 Proton's profits will grow this year, bat not at the steep 120% of last fiscal year FT [KUALA LUMPUR] Earnings at Proton, the maker of Malaysia's national car, will be hit by the depreciation of the ringgit against the Japanese yen, Mohammed
        FT  -  369 words
      • Article, Illustration
        Lock icon DKB head grooms Yahaya's daughter
        409 8 Bloomberg [KUALA LUMPUR] Since taking the helm of Malaysia's largest car maker five months ago, Saleh Sulong has been grooming his predecessor's daughter to take a bigger role in the running of the car empire her father built. Where Yatina Yahaya is headed "depends on
        Bloomberg  -  409 words
      • Article
        Lock icon Petronas in US$700m joint venture with BASF
        373 8 Integrated chemical complex to be built in central Pabang AFP [KUALA LUMPUR] Malaysian C'anal oil company PetroNasional Bhd (Petronas) tied up yesterday with Germany's BASF AG to build a US$7OO million (551.03 billion) integrated chemical complex in central Pahang. BASF will hold a
        AFP  -  373 words
      • Article
        Heshe raises stake in restaurant chain to 84%
        220 8 [SINGAPORE] Heshe Holdings has increased its stake in Jacob's Larder Pte Ltd to 84.62 per cent with the announcement yesterday that it has bought another batch of shares in the company, this time totalling 54.000. The Sesdaq-listed fashion retailer will pay $629,640
        220 words
      • Article
        Half of Hotung IPO shares go to small investors
        326 8  -  Public offer tranche of 48.4 m shares over 10 times subscribed By 1 Teh Hooi Ling {SINGAPORE) Small investors received nearly half of the shares from the initial public offer of Hotung Investment Holdings, Taiwan's largest venture capital investment group. At
        326 words
      • Article
        Data's Hock Hua Sabah bank seeks CEO
        287 8  -  Aide confirms bank placed recruitment ad in S'pore papers From Eddie Toh in Kuala Lumpur MALAYSIA'S economic adviser Daim Zainuddin, who returned to the banking scene after more than 10 years, is now looking for a chief executive officer to head Hock Hua
        287 words
      • Article
        Lock icon MD goes in shakeup at Thai firm which published Asia Times
        243 8 AFP [BANGKOK] Manager Media International (MMI), the publishing arm of the Bangkokbased Manager Group announced a corporate shake-up on Thursday and parted company with its managing director. MMI managing director, Gairy Knell, would be leaving as the company brought
        AFP  -  243 words
      • COMPANY Briefs
        • Article
          Jade Tech buys TI mold making business
          58 8 [SINGAPORE] Jade Technologies hat bought Texas Instruments Singapore's mokl manufacturing business to widen its current capabilities from leadframes to mold production for semiconductor encapsulation. The company said it will be one Of the few outside Japan to offer integrated products from photo-etched and
          58 words
        • Article
          Wing Tai's HK$2.4m buy
          60 8 [SINGAPORE] Wing Tai Holdings has bought a million shares of Hongkong-listed associate USI Holdings for HK12.4 million through subsidiary Wing Tai Garment Manufactory (S)Pte Ltd. WTG will own (MB per cent of USI, and subsidiary Brave Dragon Ltd, ».23 per cent Wing Tai chairman unit managing
          60 words
        • Article
          Jurong Cement plans shuffle
          29 8 [SINGAPORE] Jurong Cement has proposed a reconstruction of the company by transferring It* cement-making operations, assets and human resources to newly-formed subsidiary Jurong Cement Manufacturing.
          29 words
        • Article
          Hiap Moh posts 57.5% profit fall
          86 8 [SINGAPORE] Hiap Moh Corp yesterday reported a 57.5 per cent drop in group net earnings to $480,000 for the half-year ended June 30. Turnover dropped 123 per cent to |21 million. Earnings per share fell to L 6 cents, whils net tangible assets per
          86 words
        • Article
          A subsidiary for Commercial Forma
          96 8 [SINGAPORE] Hiap Moh Corp subsidiary Commercial Forms (S)Pte Ltd has set up a subsidiary to produce computer forms, security forms, envelopes and labels for export. The company, CFL Manufacturing (JB) Sdn Bhd has a paid-up capital of Ms 2. Commercial Forms has also bought a
          96 words
        • Article
          Clipsal unit's a supplier for KL Games
          31 8 [SINGAPORE] Clipsal's Malaysian subsidiary has been appointed official supplier of electrical accessories to all sites for the Commonwealth Games in Kula Lumpur next year.
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    • REGIONAL/INTERNATIONAL COMPANIES
      • Article, Illustration
        Lock icon Market hit as third BHP top executive quits
        470 9 Groop's stock tumbles, fragging down Australian share market Reuter [MELBOURNE] Australian resources giant, The Broken Hill Pty Co Ltd (BHP), lost its third senior executive in as many days yesterday, ending three days of management turmoil #hich wiped about As 2 billion
        Reuter; Source: Bloomberg  -  470 words
      • Article
        Lock icon Consumer group seeks to have deal blocked
        420 9 APPLE-MICROSOFT TIE-UP Anti-tmst petition says Apple would lose ability to compete Bloomberg Reuter (WASHINGTON] Microsoft Qorp's US$l5O million (Ss22o 1 faillion) investment in flailing Apple Computer should be blocked by federal anti-trust regulators, said a consumer rights group in a petition filed wdth
        Bloomberg; Reuter  -  420 words
      • Article
        Lock icon Microsoft co-founder sells over US$700m in shares
        201 9 Reuter [SEATTLE] Microsoft Corporation co-founder Paul Allen has sold more than US$7OO million (Ssl billion) of stock in the software giant to fund other investments including his purchase of the Seattle Seahawks football team. Mr Allen has sold 5.45 million shares of Microsoft
        Reuter  -  201 words
      • Article
        Lock icon SmithKline spins off patents
        363 9 Technology passed to newbiotechfirmin outsourcing move FT [LONDON] SmithKline Beecftam, the UK's second-largest pharmaceuticals company, is taking the unusual step of spinning off some of its technology into a new biotechnology company. It is handing over a portfolio of patents and some laboratory equipment in return
        FT  -  363 words
      • Article
        Lock icon Daimler talks progressing: Ssangyong
        260 9 Bloomberg [SEOUL] Ssangyong Motor Co yesterday said talks with Daimler-Benz AG about the German company buying as much as 49 per cent of the debt-ridden jeep manufacturer are progressing "very smoothly". Daimler is currently determining the value of Ssangyong Motor's assets, said Cho Chang Hyun, a
        Bloomberg  -  260 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Swiss banks still protect secrets of their success
        515 10 Secrecy seen as main factor behind their being No 1 in private banking for the rich FT [LONDON] When Union Bank of Switzerland, the country's most powerful bank, unveiled its profits earlier this week, it let slip for the first time how
        FT  -  515 words
      • Article, Illustration
        Lock icon Longer term trend still bullish
        439 10 USS/mark: The US dollar continued its rally this week, touching 1.8910 on Wednesday before taking a breather to correct its gains to 1.8670 the following day. It was seen trading around the 1.8720 level yesterday morning. The technical picture is still bullish for the greenback,
        Source: DBS Bank  -  439 words
      • Article
        Lock icon Shell shares lose 3% after poor profit report
        296 10 FT [LONDON] Shares in Shell Transport and Trading closed about 3 per cent down on Thursday after surprisingly poor interim results from the Anglo-Dutch oil group. A "disappointing" performance in chemicals and adverse currency movements were behind a 4 per cent fall
        FT  -  296 words
      • Article
        Lock icon DuPont invests US$1.7b in crop venture
        471 10 Joint agricultural biotech firm seen as big threat to rivals Bloomberg (CHICAGO] DuPont Co said it will invest US$l.7 billion (552.5 billion) in Pioneer HiBred International Inc. creating a powerful rival to Monsanto Co and others in the fastgrowing business of genetically engineered crops.
        Bloomberg  -  471 words
      • Article
        Lock icon Euroyen off highs but stays firm
        223 10 11—tai Report Reuter [SINGAPORE) Simex Euroyen futures were off their highs yesterday after running up against technical resistance, but the market remained firm on persistent signs of weakness in Japan's economy. The release of machinery orders data showing a 10.6 per cent month-on-month drop
        Reuter  -  223 words
      • Article
        Futures surge as fear of rate hike subsides
        171 10  -  MSCI TAIWAN FUTURES By Ric Trotta By Ric Trotta, Floor Manager, Refco Singapore Pte Ltd [SINGAPORE] The Simex MSCI Taiwan Index futures contract closed higher yesterday. The August contract rose 6.7 points at 416.6. The cash index gained 83 at 9,923.8. The
        171 words
      • Article
        Lock icon Oil markets tighter than expected: IEA
        253 10 ENERGY REPORT Reuter [LONDON] World oil supplies have risen far more slowly than expected this year, helping underpin oil prices in a market led by robust demand growth among the world's industrialised powers, the International Energy Agency (lEA) said yesterday. "Oil markets were much
        Reuter  -  253 words
      • Article, Illustration
        Untitled
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      • Article
        Lock icon CURRENCY REPORT
        277 10 Reuter AFX-Asia THE US dollar ceded gains it had made against the mark as sterling tumbled, suffering its biggest losses against the German currency. The pound fell, extending the slide after the Bank of England indicated it is not about to follow up Thursday's rise in interest rates
        Reuter; AFX-Asia  -  277 words
    • Article
      COMMODITY PRICES
      1417 11 BOOM FUTURBS Aug 8 KMCldrtarwctattatM* IMpai) KS1CWTUCT(ScMts/h« Om JW» Op* MMfe wm I— >tH (IWH) S9? 375 97 ***** W» NM97 145J0 «5 Bk 97 W-50 *25 te/uvM ffVv* 4429 EES ***** WW 5KJ5 Sue M a jb tM« 94.50 '^5 Sf7 MM 9M0 4000 2410 "#»97 12
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    • Article
      Lock icon TOKYO
      1599 11 AFP HmkMMS fia&jKI JAPANESE share prices closed 0.7 per cent higher yesterday on late bargain-hunting and futures-led buying, but brokers said investor sentiment remained weak. "Share prices have fallen sharply since last Friday, so investors still cannot rule out a further decline to 19,000 points," a broker said. The
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    • Article
      WORLD STOCK MARKETS
      2168 11 km» 31 Group -.481.400 ****** AB Ports 242.400 -2 Abbey National 845 -taiOO Allied Domecq 453 *10.800 Amoc V41.400 -.600 A Hi* Group 147 *29 BAT Ind 509 -7.400 BGPte 244 -8.600 f rr MAiflO *3.400 BOC Croup 1180 3-400 BR Petroleum 903 -18.400 BT* 19* unch
      2,168 words
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      Lock icon HONGKONG
      1519 12 AFP n Hm Seng -2S.73 HONGKONG share prices closed marginally lower yesterday on profit-taking following a series of record high closes, dealers said. "The profit-taking was mainly triggered by retail investors turning cautious after seeing that the Hang Seng Index has gone 'too high'," said Lippo Securities manager Simon
      AFP  -  1,519 words
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      Lock icon CHINA
      639 12 Reuter FlShanfcaiß latex +L4I THE Shenzhen B share market closed higher yesterday, thanks to selective buying by institutions. The B Index gained 1.49 points to 131.48 on turnover of HKJ44 million. The A Share Index lost 3.56 points to 403.83, on turnover of 6.2 billion yuan. Brokers said recently
      Reuter; Source: Credit Lyonnsis Securities (Asia) Ltd  -  639 words
    • Article
      Lock icon TAIPEI
      337 12 AFP BIWPMm *B2M STOCKS staged a comeback yesterday on renewed buying interest in electrical issues following three losing sessions. "A strong performance in electricals sustained investor confidence," said a trader. The TSE Weighted Price Index rose 82.96 points to close at 9,923.84. Turnover was 2.2 billion shares valued at
      AFP  -  337 words
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      Lock icon JAKARTA
      713 12 AFP Q Composite bdei -150 SHARE prices closed lower yesterday in volatile trade on strong foreign selling pressure and concerns over the rupiah and recent interest rate hikes, dealers said. The JSE Composite Index closed down 2.50 points at 675.44. Turnover was 396.68 million shares worth 614.92 billion rupiah.
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      Lock icon WELLINGTON
      253 12 Bloomberg QWeOmfton -L2I SHARES closed slightly lower yesterday. The NZSE Top 40share Index fell 1.29 points to 2,538.45. Within the index, falls beat rises 21 to 12. Trading was valued at NZ$B6.4 million. Bloomberg «a rww ANZ Banking 11.90 -0.15 ***** AOvantaqai Htdos 1.0S 0.03 ***** Air N*w ZMiami
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      Lock icon BANGKOK
      752 12 AFP Gi sulfate -m SHARE prices fell yesterday, with most investors sidelined awaiting further details of Thailand's IMF-backed economic rescue package. "The market was flat, with most investors waiting to hear more about the IMF-deal, after the finance minister visits Japan," said a trader. Finance Minister Thanong Bidaya was
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      Lock icon SEOUL
      393 12 AFP nOnpogtehig +MI SHARE prices closed higher yesterday on increased institutional buying of blue chips amid hopes of stronger exports in coming months. Shares traded slightly higher in the morning with a resistance at 750 points before gaining further momentum later in the day. Sentiment was also boosted by
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      Lock icon SYDNEY
      586 12 AFP □ADOrftnriM 43 STOCKS slipped yesterday, dragged down at the close by BHP, which has been plagued by a string of resignations. "The biggest hit is BHP and it's reflected in other resource stocks," said a trader. "I think it now requires very serious assessment." The All Ordinaries Index
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      Lock icon MANILA
      276 12 AFP Q Manila -22J1 STOCKS fell yesterday in the absence of positive news and lingering fears over instability in the currency market. The PSE Composite Index fell 22.19 points to 2,647.82. Turnover was 2.7 billion shares worth 2.1 billion pesos. Issues seen to benefit from the weaker peso gained
      AFP  -  276 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8179 13 MtSTUALS f -r s L— Cmm M, Wt m> m 790 540 Ajinomoto 550 3 2 448 291 Angkasa 291 -2 293 291 83 429.1 905 610 *po»o Food HKj 655 5 18 655 630 262.0 765 372 Barley* Land 680 unch 753 680 660 40.3 4224.6 lAd n«riMi SinnT
        8,179 words
      • Article, Illustration
        Lock icon Local buying offsets foreign selling
        244 13 AFX-Asia H Composite Index *4i)3 SHARE prices closed marginally higher yesterday as renewed selling by foreign investors trimmed early gains on local buying, dealers said. The KLSE Composite Index closed up 4.03 points at 932.36, off an intra-day high 0f942.25. The Emas Index was up
        AFX-Asia  -  244 words
      • Article
        Untitled
        196 13 Cmmmtpr* 19 M 20 MM 31 It Construction S TraMng/Svc M 2i Q MrMtm 1 0 rtuM* M M NMM 2 1 2 MMrti 2* 32 t WIHMm ti n n MMn 2 2 2 Tract 3 1 0 IM 44 44 2$ m/Worli 0 I I SMMtart M Iff
        196 words
    • WARRANTS & OPTIONS
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        Untitled
        3095 14 IMIiUlRIIIMMn* *t T Lad Vol Day Laat Ouot* A«« HNII L* Stiw ri~r—r Ml *o«- COOOI Wi Lo» Hyor 6o6ac Ww T~ 66 42 m 3000 m AM06 C53H*****6 42 44 SI 413 3160 A AcarW*****10$$ -0.3 23 MS 663 67 69 131 66 3164 Acm« W*****4 —IH 93 26
        3,095 words
      • Article
        Renong warrant looks attractive with a gearing of 2.6 times
        179 14  -  WARRANT WATCH -By R R Sivanithy THERE are very tentative signs that the Malaysian stock market may have bottomed out and so perhaps it might be best to look there for the time being. If yesterday's recovery were to continue,
        179 words
      • Article
        CLOB INTERNATIONAL
        1667 14 MAUYSVW STOCK '5> Or «r uat y«t Day UrtOMto n» Okr VM M( jJC# rooo» l— 8ny«r w c-w M <— 478 2M miSOOO AISBSOe 2*8 54 270 2*6 267 272 SO *9 OS 5*3 2743 07 SI mi 5001 AMOSSOc «03 *3 823 81 82 623 SO
        1,667 words
    • STOCK EXCHANGE OF SINGAPORE
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        Untitled
        1032 15 VMJKfOtiO) s*.—12- MwM TUB MM Ml «*W W 2S? *S ®1g **25 *38 *12 M »:5S *58 W 2<"2 Jg 7^ SET*" i§ *8 w" w* 4 v 8 «JH22 ,JHS TMa) hum >ato ny<7> nuw UiOAQ "i|W WUOO tum CM TOTA4. a—SL-jk a—5-Jg whmMII U <J 5 miMt a
        1,032 words
      • Article
        MAIN BOARD
        4312 15 m LM« vai o«v 5 an £5-is u» SIM. campamy in room h>» l— +m> p/t gg —miuni £157 no 1020 ACEqynanUci60c n2 108 112 DO ItllO II 5146 ASCNT$W200 US- M s a?' ®»f 1275 asf us* 100 usees a «.o mi 231 155 1258 Actr 50c
        4,312 words
      • Article
        SESDAQ
        969 15 Of 61 M Wt 1997 LMt VI On LMtOwta DO* Dto YM MM Cd* Av% MH> L—r Stlto Crnum Site rOOO) Hm> L— 0»yr M8f Cw P/£ »W gjg IM 76 2000 AB*HM«sSc 151 »11 22*3 IM MO ISO 191 3.0 63 0.1 215.7 67.2 V47 342 144 2049
        969 words
      • Article, Illustration
        HOT STOCK
        74 16  -  nay jail a* Shiv Taneja CITY DEVELOPMENTS, which closed 10 ceM lower at SI2JO on a volume of J.SJ million yesterday, is at the lower end of its trading band. Daily and weekly RSI and f K are at or near the 25 level, and the direction*\x Indicators
        74 words
      • Article, Illustration
        Lock icon Dual-listing shares see early speculative play
        652 16  -  STOCK MARKET COMMENTARY Foreign tranche shares recover after MAS statement; in Malaysia, market sees some relief from Mahathir's supportive comments By R Sivanithy [SINGAPORE] Turbulence created by worries that the Local/Foreign dual listings of certain blue chip stocks might come to an end was
        Chart info from Bridge  -  652 words
      • Article
        Untitled
        211 16 Stacks Vehw HK Land USIOc 11.206.000 Asia Food&Prop 8.303,000 UOB Foreign 6,975,000 DBS Foreign 5,412,000 Pac Andes 20c 5,303,000 OCBC Foreign 5,078,000 KeppeiCorp <9^.000 OUB Foreign 3,989,000 JMHUS25C 400 3,893,000 *Tan Chong 50c Stacks 3 UOB Foreign 96,155.641 DBS Foreign 94.275.860 OCBC Foreign 69.049,474 SPH Foreign 59,865.672 HK Land USIOc
        211 words
      • ON THE GRAPEVINE
        • Article
          Mom Answers call of the market
          102 16 THE turmoU in the last two days Involving local and foreign shares has been "pretty good for business", one dealer said. Turnover each day was more than 1700 million compared with $300 million at the start of the week. She noted that it's been
          102 words
        • Article
          Sitting pretty
          147 16 THINK of it as revenge of the "mad Scots". Last September, when Aberdeen Asset Management Asia launched its Singapore unit trust that primarily invests in local equities, fund managers in the industry said the Scots had finally gone mad. After all. the manager said, local shares are thinly
          147 words
        • Article
          Odds on
          136 16 THE casual remark by Hong Leong boss Kwek Leng Beng on the possibility of setting upa casino in Singapore appeared to have unnerved Genting Bhd's Lim Goh Tong, operator of the sole casino in T M Malaysia. Senior Gent ing officials looked worried when told that Mr Kwek
          136 words
        • Article
          Two-0 for H-two-0
          89 16 WE'VE been reminded time and again by the government that we should save water because it is a scarce resource in Singapore.* But this is a bit too much, we think. CK Tang's fourth floor coffeehouse, Treats, best known for its laksa, has recently started charging 20
          89 words
        • Article
          We've been down that route
          98 16 SINGAPORE AIRLINES has done it agaln£| winning the Gold Medal as Best Airline avH beating 36 other airlines in a survey of 584 executives from South Korea's top 50 companies, it wt§ ranked top to 16 categories ranging from in-flight meal service to entertainment, seat
          98 words
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      303 7 BUSniss The only monthly business magazine that gives you the Singapore perspective of the local and regional business scenes BUSiIi&SS BUSINISS BUSIIIiSS Tf ExecutiveCondos X Singapore Telecom IVldJvJMfd It WW card to the property maria* &yk 11/ 1-m -m Httfci mm call jEBES I Written by the same experts who
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      295 8 Announcing: Enrollment for 1997 Fall Semester for university students living in Singapore.* OFS College with California State University, Dominguez Hills, California, USA (Make 'AppCication for OFS College provides the first two years of a California State University college I degree program for overseas university students living in Singapore, and prepares
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      755 9 %/ocßcmm\K I OVERSEA-CHINESE BANKING CORPORATION LIMITED I (Incorporated in Singapore) I The Directors are pleased to announce the following I 1 UNAUDITED RESULTS FOR THE I SIX MONTHS ENDED 30 JUNE 1997 I THE GROUP THE BANK I 1997 1996 1997 1996 I SS'OOO ss'ooo srooo Ss'ooo I Interest income
      755 words
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      138 12 w ~Land Transport Authority Infoline— COE Bidding Results Car Registration Number Availability. Available on 10th or 11th of every month. All you Available between Saturday and Wednesday each week. All you need is need is enter your IC, Passport or Company Registration enter your Car Registratioo numbers n.rmhef and the
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      Page 12 Advertisements Column 2
      58 12 I You may have been unable to get your copy of f The Business Times, The Straits Times, The Sunday Times* «*si rr* LianHe Zaobao and other daily newspapers from your usual newsstand because of the higher demand lately. To ensure a daily copy, call Customer Services Section on 1800-749-2577,
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      41 14 McOuay t. i >i. ii iiMi Tftfi »<<3ii^BB3iM^<i r n 6 O.Y.L. Sales Service (S) Pte Ltd Tel: 250 2966 (Sales) 258 8698 (Service hotline) McQuay Air Conditioning (S) Pte Ltd Tel 356 6438 (Sales) 258 5 1 65 (Service hotline)
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      180 15 v M/ 17 comes to VOU AvaMabte at Amconics, I wish fo subscribe toWizfon (ptease choose one) Method of Payment (phase tick one) M a.n*,TLi MPH, Times Tha Bookshop, J One year(l2 issues) at $54 Charge to my card Visa Amex Master Diners mft Vy cVcHY MUNI n gSmfu Kinokuniya.
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      8 15 Home Decor For people who love their homes
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      337 16 BUSINESS Notices NOTICE IS HEREBY GIVEN that, I Anthony Hfcng Fock Liang of 164 Lorong Sarina Singapore *****1, have applied for a Second Class Beer House Licence in respect of M/s Katong Catering located at 159Q Jin Loyang Besar, Costa Sand Resort Singapore *****6, and that this application will be
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      41 16 To advertise call toll-free 1800-741 1883 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. Home Decor -For people who love their homes
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      Page 16 Advertisements Column 3
      158 16 Young Parerrts W: When you want the best for the chilgtrervj czwa' cia As Singapore's looding Chinos* doiiy; Ikmh* Zooboo highly regarded as an authority on local nows, international development*, business ami (hflwllt Bb trends. Subscribe new and you wffl bo leapt obroost. HI vfitvifiv ipv f Y 1 if
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon Struck by a sense of belonging
      1240 17  -  Today is National Day. A good time to ask yourself if you are a Singaporean by citizenship or by identity. You could give up the former, but you'd find it much harder to lose the identity, says jambbb JAMIE EE SOMEONE I know who
      ILLUSTRATION BY BEN CRUZ  -  1,240 words
    • STRAWS In The Wind
      • Article
        Sizing up his diners
        89 17 TALK about a restaurant with an attitude. The manager of a small Thai restaurant in Purvis Street gave a group of four casually dressed diners the evil eye as they arrived for dinner one evening. "Do you have a reservation?" he asked icily. "No," they replied.
        89 words
      • Article
        Now you know
        56 17 A REPORTER called the Shangri-La to find out if a friend had checked in yet. The receptionist said: "Not yet." The reporter asked: "Can I check that when he does, he'll be in room number XXXX?" The receptionist replied: "Ya, he will, but I can't tell you
        56 words
      • Article
        Catch-line
        36 17 THE Social Development Service is introducing a "Surf-A-Friend" service to help singles meet via the Internet. One wag, however, suggested that the service should be renamed "Man in the Net", after the old TV series.
        36 words
      • Article
        Final journey
        64 17 TALES from the crypt: A Singaporean tourist on a London subway train noticed that the woman sitting across her was staring into space and looking quite dazed. Suddenly, the man next to the woman got up and told everyone nearby to get out of the train. "There is
        64 words
    • PROFILE
      • Article, Illustration
        Lock icon The CEO as steward-leader
        1256 18  -  Jan Baan has built a successful software company on the premise that ethical behaviour and business do go together. It's all a matter of trust the Dutch entrepreneur tells kbhmbtb jambs KENNETH JAMES HAVE lunch or be lunch. Only the paranoid survive. When leaders of the
        ARTHURL EE  -  1,256 words
      • Article
        Stranger than fiction
        793 18  -  BOOKS The Bible Code By Michael Drosnin Weidenfeld Nicolson $38.06,232pp Reviewed by Kevin Sullivan THIS BOOK is a tad brief: just over two hundred pages, many of which are taken up with reproductions of Biblical texts in Hebrew. Which is a disappointment since Michael Drosnin grabs the
        793 words
    • DESIGN
      • Article, Illustration
        Lock icon The tropical urge
        1474 19  -  Several recent books offer differing spins on the subject of architecture and the climate. JiTiHOßii muses on the word tropical' &d wonders if any of these will affect the way architects design JAY KHOSLA THE coffee-table creaked last night —a kind of splintering, imploring sound, as if
        PHOTOS FROM THE BOOK 'TROPICAL RETREATS' BY TAN HOCK BENG; PHOTOS FROM THE BOOK 'LINE, EDGE AND SHADE' BY ROBERT POWELL; PHOTO OF BOOK COVER  -  1,474 words
      • Article, Illustration
        Red tape and rehab blues
        627 20  -  CINEMA Who would have thought the road to cold turkey was paved with so many bureaucratic obstacles? Gridlock'd closes in on a most nnnsnal dilemma By\ Susan Tsang GRIDLOCK'D marks the screenwriting and directing debut of Vondie Curtis Hall (Dr Hancock in Chicago Hope), and
        627 words
      • Article, Illustration
        The ultimate melting pot movie
        743 20  -  CINEMA Lava is a great equaliser in the movie Volcano nothing and no one can stand in its way once it starts flowing. There's a message in this somewhere for the folks of Los Angeles Shahiron Sahari YOU HAVE to be wary of movies with
        743 words
      • Article
        A constructive design worth talking about
        514 21  -  NIGHTSPOT Chat Point at Club Street takes the industrial look to a whole new level with its liberal nse of steel bars and copper tubes By A Surendren YOU'VE- walked by construction sites many times and noticed the steel bars exposed in concrete and
        514 words
      • Article, Illustration
        WHAT'S ON
        413 21  -  Compiled by M Yasotha COMCERT Singapore Symphony Orchestra Open Air Concert Conductor Wang Ya Hui will lead the SSO in Russell Peck's Thrill Of The Orchestra, Poulenc's The Story Of Ba bar, Tomlinson's Fantasia on Auld Lang Syne and Alec Roth's Suite from Arion And The Dolphin. Tomorrow,
        413 words
    • EPICURE
      • Article, Illustration
        Lock icon Off on a gastronomic safari
        982 22  -  Hankering for a little ostrich or springbok for dinner? cowmißKHß* heads for Pasir Panjang, where she tracks down what's touted as the first African restaurant in Singapore CORINNE KERK P OR A long time, Pasir Panjang was considered an ulu town when it came to
        PHOTOS BY CHRIS LOH  -  982 words
      • Article, Illustration
        The pleasure of his company
        900 22  -  I WINE CONNOISSEUR Remembering Gerard Jaboulet, a great wine-maker and friend, who died two weeks ago at the age of 56 By) N K Yong •THE best-known Rhone wine, and arguably the first Rhone wine which most wine drinkers know, is Hermitage La Chapelle from
        900 words
      • Article, Illustration
        Lock icon Selling on snob appeal
        455 22  -  WINE Cwuit Genre Serteli Salis was in Singapore recently, promoting his wines i; to a target audience Byl Nyasha Laing THINK "aristocrat" and you generally think of richlooking people with no real jobs. A party lifestyle and copious indulging in good food and wine invariably follow
        CHRIS LOH  -  455 words
    • Article, Illustration
      CINEMA
      789 23 AnaoMdi. Almost worth watching to see Jon Voight vomited from the giant snake's gullet But not much else can recommend the far-fetched mess that occurs when Eric Stoltz leads a group of film makers down the Amazon to find a lost tribe. Woodlands, Tamptnes. Aastfai Po«i«a. Mike Myers and
      789 words
    • Article
      INQUIRIES AND BOOKINGS
      111 23 OkthAT Ore Cathay 338-3400 Eastshore 346-1816 Ptcturehouse 338-3400 Yangtze 223-7629 tmgmm Empress 777-6867 Jubilee 464-1640 Mandarin 292-9401 Marina 338-9719 Whiteaands 686-1782 Bedok *****06 Bishan 363-8886 Boon Lay 792-2788 Broadway 464-9394 Majestic 633-9032 Marina 337-9488 Pavilion 786-6788 Tampines 8 786-6788 Tlongßahru 274-6688 Yishun 267-7848 ClementV Cwealth 777-0669 Golden/New
      111 words
    • TRAVEL
      • Article, Illustration
        Lock icon Summer in the city that floats on water
        1328 24  -  The sun's out in Stockholm a good time to catch the sights and meet the people, says amwra m ANETTE PAU SWEDEN, home of Volvo cars, Ericsson handphones, Absolut vodka and Ikea furniture, is also the land of Vikings, spectacular fjords, glaciers
        PHOTOS BY ANNETTE PAU  -  1,328 words
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      7 17 3 to Design Tropical architecture EL 3
      7 words
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      Page 17 Advertisements Column 2
      263 17 lIE-JuJHHHULJHB H^ mfl Mfti vs at your fingertips Thanks for your support, the calculators were given out! But, you still stand a chance to win one of our air tickets Hurry! Subscribe now, you you a crisp summary of the week's major happenings in Singapore and in the Asean region.
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      341 18 Subscribe to THEBUSINESSTIMES now •II•A I and win exotic Royal Caribbean cruise holidays! Business Times is a paper with an opinion, providing readers with thought-provoking analyses and commentaries. From 18 July to 15 August 1997, we give you an even better reason to subscribe to The Business Tunes. All subscribers
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      4 18 AVAILABLE AT NEWSSTANDS J|
      4 words
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      109 20 It's nice to say 1 I to all your applicants. If You've received an overwhelming response to your Executive recruitment l J advertisement. With a Thank-you ad in The Business Times, you thank each g and every one who responded. It's easy and convenient. You save time and a A
      109 words
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      175 21 Where to wine, dine and ""t Uolc.. Xo\v von can wear il on the inside jßOai An All-You-Can-Eat. qyixmertyuffet Help yourself,to more than 30 skmptuous dishes... to go with steaming hot porridge, y§m rice or plain rice. (Sunday to Thunday 6:3opm to 10pm Fridays Saturday-6:3opm to 12midnight) g ADUIJ CHILD
      175 words
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      Page 21 Advertisements Column 2
      208 21 APOLLDHOm 11 Ifcji»K| -^Ba Buffet Lunch, Buffet Dinner and High Tea W available on Mti and r Cl 10<ti August *97 f J <9H V; -.r Promotion Ist to 31ct August *97 Celebrate with out ijTOHtjt-fflf I Marten Cocfctai presented m a Souven* rt»rw MtaNA-! mug. 405 llaxetodi Road. Singapore
      208 words
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      Page 21 Advertisements Column 3
      217 21 WHAT HAPPENS < J WHEN YOU ADD < f A DASH OF i ITALIAN PASSION WITH a pinch of I CHINESE WISDOM? You be the Judge. j| I SINOAPOII 9 Opening hours from 11.30 am lo 12.30 mm M 25 Scout Road. Singapore *****0 (I For reservations. call 731-7985 S
      217 words
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      Page 21 Advertisements Column 4
      133 21 l or atK'onisonieni details on Wine, Dine and Entertain, please all \dolm.' ~4n 12 T 55# WIBW Singapore Press Holdings mmmmm ■IJI* jf h 9 t*Hmrn*ym. J wmwmm trnmrndmrnmimmmmhrnam niwpnU. laailui Uln —I inMt ~&j seiwfcnWloo l Un—fcu M?a*r, *m mm, wL] A afctli i in &j*SfyVnS"|W > SSIBJO i
      133 words
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      Page 21 Advertisements Column 5
      71 21 To apply, coH 24-hour Coffee House l«t floor t The Chicken Rice Capital Of The World 333 Orchard Road. Singapore *****7. Tel: 737 4411 ►The nm Phoenix Garden Cafe b now open t Right in the heart of Orchard Road Popular Buffet Lunch, High Tea and Dinner ►Itwo function rooms,
      71 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      2129 23 TODAY'S TV BBflftMMPMnPn nuiimfl fMMNfe J9'• "l. •V M |HH^ alDay Message (r). 9.00 AM The Mouse And The n 4# Pentas Nico (Malay VaThe nation tk^L d nf V hT d^ P t into 10 5S 1 Muppetland: P M ikkam Pakkam Spethe psyche of his most clal Cel6DrateS!
      2,129 words
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