The Business Times, 4 October 1997

Microfilm: NL21042
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    16 1 THE BUSINESS TIMES MITA (P) 02: V 12/96 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, OCTOBER 4-5,1997
    16 words
  • Article
    MARKET SUMMARY
    59 1 Sm mOM (-25.56) nmm Ml NUB (-13.21) btoomp una (-13.57) nmmoK M BNJ2 (-17.90) CTDClMiMUffUUWag Friday Change KLSKCOMP 7f?Jf *1.71 NIKKEI 17jS47.46 —****** BANG SKNO IM*« +78.71 SET INDEX *4817 -141 JAKARTA COUP —£15.48 11.44 MANILA GOMP —1*M7 -IM tajph WPI a*i7.i8—*an SEOUL COUP Am* CLSACffiNAB dosed AUSTALLORD
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  • Article
    FINANCE
    70 1 U8t W41 S 1.6)2 1484 DM. 9Jtt M67 1 W 199 9J» 1*4 Wf. 9218 MM KKS 1.129 1»» 8AKT 1.028 9.043 IRUPIAH 199 9J28 9.94* FUME KATES SINGAPORE* 144 KUALA LUMPUR I JO JAKARTA M* BANGKOK 1125 MANILA 1150 HONGKONG 8.75 lAffB JuN SYDNEY TOKYO lit ■NIL, 1175
    70 words
  • Article, Illustration
    Lock icon Share finance limits to stay but Bank Negara forces rates down
    658 1  -  Central bank does not look inclined to trade higher rates for a halttoringgit's slide By- Meera Tharmaratnam in Kuala Lumpur MALAYSIA has no plans to change share financing limits in the coming Budget on Oct 17, but new caps
    REUTER  -  658 words
  • Article, Illustration
    Lock icon Rupiah slumps 8% as Indon corporates scramble for US$
    361 1  -  Ase&n currencies dragged down: S$ hits 41-month low By] Larry Wee [SINGAPORE] The Indonesian rupiah slumped more than 200 rupiah, or 8 per cent, to hit 3,690 per US dollar yesterday as the scramble for US dollars by Indonesian corporates worsened.
    Source: Dow Jones  -  361 words
  • Article
    Lock icon US jobs growth lower than expected
    379 1 Dow rise moderates to 46 points at Ipm EDT after early sport Bloomberg Reuter [WASHINGTON] The US economy added jobs at a slower-than-expected pace in September and the unemployment rate was unchanged at 4.9 per cent. Labour Department figures showed yesterday. Wage costs remained
    Bloomberg; Reuter  -  379 words
  • Article
    S'pore, Taiwan cross-listings planned for 1998
    451 1  -  Nov talks in Taipei to centre on cross-board system for 50 listings in each country By Conrad Raj [SINGAPORE] The Singapore and Taiwan stock exchanges are planning to cross-list some of their shares by as early as next year. Confirming a Bridge News report
    451 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      167 1 UHUPfI nJUTMrpkkrf ■TCjese are unsettling times that call for a radical approach to equity investment We ask an award-winning fund manager to pick some Singapore and Asian stocks that should stand investors in good stead, Pf3 OAF trwntgrt fisting MSSUUSS Pood group OAF Ltd will convert its listing from Singapore
      167 words
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      Page 1 Advertisements Column 2
      4 1 Market reports, Pgs 11-16
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      Page 1 Advertisements Column 3
      59 1 Can to change leadership divisive: Dr M, Pg 4 Bairnn dam will be postponed: Anwar, Pg 4 Malaysia to unveil new bourse, Pg 8 Maybank faces ratings downgrade, Pg 8 ALFRED DUNHILL LONDON Tll» Ntw Al TUMN/WiMTER 1997 Tit CoM.KCTIti.M VISIT ALFRED DUNHILL AT RAFFLES HOTEL ARCADE. THE PARAGON, NGEE
      59 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Perc trims '97 S'pore GDP growth forecast to 6.5%
      480 2  -  Revision from earlier &8% projection mostly dne to currency tnrmoil By t Andrey Tan THE region's currency turmoil has prompted the Political and Economic Risk Consultancy (Perc) to pare its economic growth forecast for Singapore to 6.5 per cent for this
      480 words
    • Article
      SingTel sues US' FCC for setting rates unilaterally
      372 2  -  It says cuts outride FCCsjurisdiction; suit will be part of coordinated action against US body By i Catherine Ong SINGAPORE Telecom has filed a lawsuit against the US' Federal Communications Commission (FCC) for unilaterally setting new benchmark international settlement rates. The petition
      372 words
    • Article
      Inquiry into whether Wallace suffered damages
      311 2  -  By i Conrad Raj THE Singapore Appeals Court yesterday ordered an inquiry into whether former Merrill Lynch financial consultant Kevin Wallace had suffered any damages as a result of the receivership orders placed on his and his wife's assets. The order foUows the overturning
      311 words
    • Article, Illustration
      Lock icon SM Lee on the final test of his ideas
      387 2 The Straits Times THE final test of whether his ideas are right or wrong, will be in how Singapore turns out. Senior Minister Lee Kuan Yew said yesterday at the launch of a new book chronicling the development of his key
      The Straits Times; REUTER  -  387 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      4 2 Caß 1800-737-1166 acting ad.
      4 words
    • Advertisement
      Page 2 Advertisements Column 2
      55 2 DBg 0 Or make your dream a reality with a piece of realty. Whether you're in the market for a luxurious bungalow or an affordable apartment, you can find it easily in the Classified. Move on to the Properties Section, Classifications 400 to 569. CATS, THE STRAITS TIMES CLASSIFIED I
      55 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      373 2 TM WEATHER Hhuppnrec Moderate to thick haze. Temperature (31-25) H(/1V OmmL Eorop* m/Lo* Good. Aneriot HVLo* Q—i Sua* mLi 17/12 Cloudy c£dv Bangkok Jl/24 Tstonr Ate »U Sway B*"*"® 19*9 Cloudy Bap* 2MB Showers Berth 20/07 floudv Chicago 20/10 Sunnv tafeqr 31/24 Ctarty Bonn 24/10 Cloudy HonoMu 27/24 Sunny ftwa
      373 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL`S EYE
      • Article, Illustration
        BT Sentiment Index
        579 3 Those polled for their views on the Singapore stock market outlook for next week were: Daiwa Securities, Deutsche Morgan Grenfell, Fraser Securities, GK Goh, ING Barings, Kim Eng Securities, Merrill Lynch, Phillip Securities, Indosuez WI Carr. Eleo 4k Ettek ♦(Bay) BZWPacific Union, Oct 1, US$B.65 Recent final
        579 words
      • Article, Illustration
        In My Opinion
        474 3  -  By Phoon Chiong Tuck director and portfolio manager, Prudential Portfolio Managers S*pore "Wisdom is a defence as money is a defence, but the advantage of knowledge is this: wisdom preserves the life of he who has it." Ecclesiastes 7:12 am HIS year marks the I 100 th
        474 words
    • Article, Illustration
      And this too shall pass
      1029 3  -  Fund manager Hugh Young thinks investors should stick to their guns in S-E Asia and look beyond the next 18 months > By\ Shiv Taneja [SINGAPORE] IF THE first half of the year was miserable for investors in Asian equities, the second half is shaping
      1,029 words
    • Article
      Most Asian equities trusts stay a jump ahead
      569 3  -  Byl Shiv Taneja [SINGAPORE] Given the turmoil in Asian equities over the past six months, it ought to come as no surprise that the Morgan Stanley Capital International (MSCI) index that tracks Asian equities (ex-Ja-pan) fell some 11 per cent in US
      569 words
    • Article
      From high-flying MD to sandwich seller
      577 3  -  BYE ON THE REGION: THAILAND Hard hick stories reflect how tough times are in Thai stock market FYom Hariah Mehta in Bangkok SIRIWAT Voravejvutkuth, the formerly high-flying managing director of Asia Securities, has been reduced to selling sandwiches at a makeshift stall to make
      577 words
    • Article, Illustration
      Lock icon Natsteel Electronics IPO draw favourable reviews
      607 3  -  It's not cheap but fairly priced, say analysts Byi Annette Pan [SINGAPORE] Natsteel Electronics Ltd has won favourable reviews from analysts since it announced its initial public offer on Monday. Most contacted by BT are calling a "subscribe" on the mainboard share issue, and
      ARTHUR LEE  -  607 words
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  • REGION
    • Article
      Bakun dam will be postponed: Anwar
      110 4 KUALA LUMPUR MALAYSIAN Deputy Premier Anwar Ibrahim said yesterday that the 13 billion ringgit (515.95 billion) Bakun dam project will be postponed, regardless of contrary remarks. He was responding to speculation that the project would get a go-ahead once it solved its dispute with
      110 words
    • Article
      Lock icon Stay out of Thai economy, Chavalit told
      422 4 BANGKOK Bourse chief warns of IMF concerns over political interference AFP THAILAND'S stock exchange chief yesterday launched an extraordinary attack on Premier Chavalit Yongchaiyudh, telling him to stay out of economics to allay fears of political interference in the trou- > bled area.
      AFP  -  422 words
    • Article
      AIRCRAFT ARRIVALS AND DEPARTURES
      1462 4 'CITY awn ETA RIGHT ETP AtaOMM 6A890 006 Hanoi VN741 1310 S0176 H05 MaMfc 0F81 1930 0f82 2055 S0175 1840 <***** 1410 S0229 2220 H«tYal MI893 mo MI894 0735 ouo TMO7 2105 TC406 0020 Aasttrtfwi K1843 0455 GA890 0015 MrwM SWT7 1655 S0978 OOP DL25 0655
      1,462 words
    • Article
      Lock icon Call to change Malaysian leadership divisive, says Dr M
      580 4 KUALA LUMPUR He cites efforts by a group to create tension between M'sia and Indonesia Bridge News Reuter MALAYSIAN Prime Minister Mahathir Mohamad said there were suggestions to change the country's leadership to overcome the current economic problems and he called
      Bridge News; Reuter  -  580 words
    • Article
      Lock icon Thai reshuffle disappoints analysts
      222 4 BANGKOK Reuter THAI financial and stock analysts voiced disappointment but not surprise yesterday after embattled Prime Minister Chavalit Yongchaiyudh decided not to go ahead with a major cabinet reshuffle as originally planned. Mr Chavalit said on Thursday his need for political support from coalition partners forced
      Reuter  -  222 words
    • Article
      Lock icon Acting head of Vietnam central bank named
      231 4 HANOI Reuter VIETNAM moved yesterday to limit uncertainty over its fragile financial system by appointing a veteran banking official as acting head of the central State Bank of Vietnam. Meanwhile, State Bank officials, commenting on rumours of a possible devaluation, said the policy
      Reuter  -  231 words
    • Article, Illustration
      Lock icon Jakarta acts against 29 firms
      324 4 JAKARTA AFP THE Indonesian government, criticised by its Asian neighbours over a poisonous smog engulfing the region, yesterday revoked the permits of 29 private forestry firms in a bid to control raging forest fires. The forestry ministry revoked 151 permits issued to 29 private companies
      AFP; REUTER  -  324 words
    • Article
      Lock icon Overnight rates in Philippines hit a high of 90%
      209 4 MANILA Central bank said to be moping np liquidity to meet IMF ceiling AFP PHILIPPINE interbank overnight borrowing rates rose to a high of 90 per cent yesterday with rates averaging 55.25 per cent as the central bank soaked up excess
      AFP  -  209 words
    • Article
      Lock icon Indonesia's new reinsurance rules
      258 4 BATAM Reuter INDONESIA said yesterday it plans to unveil tough new reinsurance rules by the end of the year aimed at bolstering the financial security of the domestic insurance industry. "We hope to have the regulations ready by the end of this year," said M A
      Reuter  -  258 words
    • Article
      Lock icon Taiwan central bank holds NT$ steady in duel with speculators
      461 5 TAIPEI Bat bank should let currency fall to avoid affecting export growth, say analysts Reuter IN THE biggest assault ever on the Taiwan dollar, the currency's mighty guardian the central bank battled attackers to a stalemate yesterday. Two years after
      Reuter  -  461 words
    • Article
      Lock icon HK govt plans US$10b railway project
      202 5 HONGKONG AFP THE Hongkong government released detailed plans yesterday for a multi-billion-dollar railway project aimed at easing traffic congestion between rural New Territories and urban Kowloon. The plan of the first phase of the project, known as West Rail, was published yesterday, with a
      AFP  -  202 words
    • Article
      Lock icon N Korea warns war could break out at anytime
      257 5 UNITED NATIONS AFP TENSIONS are running so high on the Korean peninsula that war could break out "at any moment", the North Korean vice foreign minister said on Thursday. Vice Foreign Minister Choe Su Hon said "the prevailing situation in the
      AFP  -  257 words
    • Article
      Lock icon Japan's foreign aid scheme in jeopardy
      385 5 TOKYO World's biggest donor under pressure from budget constraints Reuter JAPAN, the world's biggest provider of foreign aid, said yesterday that budget constraints are jeopardising its aid programme the most powerful instrument of Japan's foreign policy since the end of World Warll. A White
      Reuter  -  385 words
    • Article, Illustration
      Lock icon Fit for emperors
      93 5 [NEW DELHI] A model showing a rare 17th century necklace that is expected to fetch up to £350,000 (*****,875) when auctioned on Tuesday. The spinel bead necklace is part ofa two-day sale of Indian jewellery featuring "gems the size of golf balls which will be staged by
      REUTER  -  93 words
    • Article
      Lock icon HK property agents watch commissions sink
      539 5 HONGKONG Heal estate prices may have tumbled bat no one's baying, moan middlemen AFP HONGKONG'S property may be among the world's most expensive but real estate agents are looking increasingly desperate as sales drop. "I have hardly made two deals in a month," said
      AFP  -  539 words
    • Article, Illustration
      Lock icon Labor politician in travel row attempts suicide
      430 5 CANBERRA Reuter AN AUSTRALIAN politician was rushed to hospital yesterday after attempting suicide, officials said, in a shocking twist to a travel claims abuse scandal that has rocked both sides of Australian politics. Opposition Labor finance spokesman Nick Sherry, the target of a
      Reuter; AFP FILE PHOTO  -  430 words
    • Article
      Lock icon NZ schools to take in 400 China students
      184 5 WELLINGTON AFP FOUR hundred Chinese students have been allocated special places in New Zealand schools and tertiary institutions as part of a trial relaxation of restrictions on Chinese students, Immigration Minister Max Bradford said yesterday. "New Zealand and its schools, polytechnics, universities
      AFP  -  184 words
    • Article
      Lock icon Top Nikko executives resign over sokaiya scandal
      337 5 TOKYO Chairman, president among those stepping down AFP TOP executives of Japan's Nikko Securities Co Ltd resigned yesterday to take responsibility for alleged payoffs to a corporate extortionist in a scandal that has rocked the financial industry. President Kichiro Takao and chairman Takuya
      AFP  -  337 words
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  • THE WORLD
    • Article
      Lock icon Mergers worldwide up 51% to US$363b in third quarter
      484 6 NEW YORK A record year likely as USslt in mergers were annonnced in first 9 months Bloomberg MERGERS worldwide rose 51 per cent in the third quarter and are on track to make 1997 a record year for corporate marriages as
      Bloomberg  -  484 words
    • Article
      Lock icon WTO chief urges support for financial liberalisation
      302 6 SANTIAGO Opening up of sector is key to global trade system: Rnggiero Reuter INTERNATIONAL negotiations to liberalise financial services cannot be allowed to fail. World Trade Organisation (WTO) director general Renato Ruggiero said on Thursday. WTO member countries have until Dec 12 to
      Reuter  -  302 words
    • Article
      Lock icon Key US official defends sanctions but sees changes
      506 6 WASHINGTON He says US needs to make them part of a coherent strategy Reuter ECONOMIC sanctions are an increasingly important foreign policy tool but the United States needs to make them "part of a coherent strategy" including seeking multilateral support, a key
      Reuter  -  506 words
    • Article, Illustration
      Lock icon Smaller EU firms not gearing up for euro's launch: poll
      413 6 BRUSSELS FT THE great majority of small and medium-sized companies in the European Union are failing to gear up for the euro, says an IBM survey. Only 12 per cent of such companies are preparing actively for the launch of
      FT; REUTER  -  413 words
    • Article
      Lock icon EU can create 12m jobs in 5 years: de Silguy
      354 6 PARIS AFP THE European Union can create 12 million jobs in five years through economic growth, EU commissioner Yves-Thibault de Silguy said yesterday, linking job prospects to the introduction of the planned euro. Mr de Silguy also forecast that Britain
      AFP  -  354 words
    • Article
      Lock icon Labour warned to gear up for unpopular moves
      300 6 BRIGHTON, England Reuter PRIME Minister Tony Blair and his deputy John Prescott warned their Labour Party yesterday of stormy political waters ahead and appealed for continued unity so it can govern for a decade. The warnings came at the end of a
      Reuter  -  300 words
    • Article
      Lock icon Russia looks for ad money in space
      161 6 MOSCOW AFP THE Russian Space Agency will organise the placement of ads on spacecraft and other space facilities in order to raise funding for research programmes, Itar-Tass news agency reported on Thursday. "Advertising in space is gaining in popularity, and this market could
      AFP  -  161 words
    • Article
      Lock icon Yeltsin says he is getting tired of Duma's resistance
      353 6 MOSCOW Reuter RUSSIAN President Boris Yeltsin criticised the opposi-tion-dominated parliament yesterday and, in a veiled warning that he might consider dissolving it, said his patience was running out "People's patience, the president's patience is not limitless. The Duma must work for
      Reuter  -  353 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      67 6 Rue Bourbon MM* THE HOME OF CAJUN/CREOLE CUISINE PREPARED BY CHEF KENNING FROM NEW ORLEANS. THE BUSINESS SB LUNCH Special 3-Course Menu at $35 or choice of a la carte. THE ZOURBON ST., SET DINNER. 5-Course Special Set Dinner Menu at $75+++ or choice of a la carte Featuring saxophonist,
      67 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      42 6 DOONESBURY By Garry Trudeau \a T £jf£, 600P/PEA. &R.. BUT I[T UM...OKAY. I 7/Me-A FORMER N.F.L. AXS ME GOfNG S I N&& HOW ABOUT J I W TO HNPAH 6XPK) j A CHAN66-. SUSHI ON PITA* I aSfrSS^\ MHUHGTDTAKeOUSZ J I 5
      42 words
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  • COMPANIES & MARKETS
    • Article
      QAF to convert listing from S$ to US$ after Indofood deal
      449 7  -  Firm says conversion to foreign currency is required by Stock Exchange of S'pore By] Lee Han Shih [SINGAPORE] Food group QAF Ltd will convert its listing from Singapore dollar to US dollar after it acquires the huge Indonesian company
      449 words
    • Article, Illustration
      Lock icon Permasteelisa eyes larger share of building market
      310 7  -  It plans to use links with STIC to bid for bigger contracts By. Abdul Hadhi [SINGAPORE] Specialist contractor Permasteelisa Pacific (PP) plans to use its links with Singapore Technologies Industrial Corp (STIC) to capture a larger slice of the construction market. STIC is
      FILE PHOTO  -  310 words
    • Article
      Single listing, share buybacks may be what the market needs
      794 7  -  HOCK LOCK SIEW R Sivanithy ASK most market observers what they think of the current state of dual listings in Singapore and the response will invariably be negative that no one knows what's in the pipeline but any scrapping of
      794 words
    • Article
      Stakes in L&M, VDH may change
      198 7 [SINGAPORE] Indonesian tycoon Johannes KoQo appears set to alter his stakes in two listed companies here. L&M and Van der Horst (VDH), both of which have been suspended for some days now, separately announced yesterday possible changes in their respective shareholding structures. VDH said
      198 words
    • Article
      SembCorp shares fall on Delifrance takeover news
      428 7  -  Some analysts say group paying too high a price By i Clarissa Tan [SINGAPORE) Sembawang Corporation shares yesterday retreated while Delifrance's stock edged up as investors reacted to news of the conglomerate's takeover of the bakery and deli chain. SembCorp hit a a
      428 words
    • REGIONAL COMPANIES
      • Article
        Maybank faces ratings downgrade by Moody's
        512 8  -  Public Bank may also be downgraded; move follows S&P's recent revision; analysts onfazed By- Ven Sreenivasan [SINGAPORE] Malayan Banking (Maybank) is facing a ratings downgrade by Moody's Investors Service, just six weeks after another US ratings agency Standard Poor's revised its outlook for the
        512 words
      • Article
        Lock icon Barito profit seen going up on rupiah's fall
        175 8 Bloomberg [JAKARTA] PT Barito Pacific Timber, Indonesia's largest plywood maker, said 1997 profit is likely to benefit from the decline in the rupiah. Barito, which exports most of its products and earns a majority of its sales in US dollars, said in
        Bloomberg  -  175 words
      • Article
        Lock icon Two Osprey directors quit
        101 8 Reuters [LONDON] Two senior directors of Singapore-based Osprey Maritime Ltd have left the tanker operating company, shipping newspaper Lloyd's List reported yesterday. Former managing director Erling Strom and another director Ernest Fong have resigned, the paper said, in a shake-up possibly related to attempts to speed
        Reuters  -  101 words
      • Article, Illustration
        Lock icon Sharper pictures on the cards
        68 8 [TOKYO] Sanyo Electric Co Ltd unveiling its new digital still camera, the DSC-Xl, on Thursday. The camera features a built-in two-inch TFT-LCD screen and 810.000-pixel CCD to produce XGA quality images (I,o24x76Bpixels). Removable Smart Media cards store either 12 frames at XGA and 60frames at
        AFP  -  68 words
      • Article
        Lock icon Japan's Suntory to sell Pepsi soft drinks
        222 8 Bloomberg [TOKYO] Suntory Ltd, Japan's second-biggest softdrink maker, will sell PepsiCo Inc soft drinks in Japan, a move intended to chip away at sales of Coca-Cola Bottlers, Japan's largest soft-drink maker. Suntory will buy the marketing rights to PepsiCo's Pepsi, Diet Pepsi, 7-Up
        Bloomberg  -  222 words
      • Article
        Lock icon BSN and Oriental Bank in talks to merge
        172 8 Bernama [KUALA LUMPUR] BSN Commercial Bank (Malaysia) and Oriental Bank are negotiating to merge their banking operations. Analysts said that if the merger materialises, it would be a strategic alliance where both would exploit each other's strong points in banking. An analyst
        Bernama  -  172 words
      • Article
        Lock icon M'sia to unveil new bourse for high-growth, high-tech companies
        486 8 Monday's lannch comes amid turmoil in region's markets Reuter [KUALA LUMPUR] Malaysia will on Monday release details of a new stock exchange for high-growth, high-technology companies with little or no track record, but the launch comes at a troubled time for
        Reuter  -  486 words
      • Article
        Lock icon Hopewell faces credit downgrade
        262 8 SAP may cat firm's 888- rating over collapse of Thai deal FT [LONDON! Hopewell Holdings, the Hongkong-based infrastructure company, faces a possible downgrading of its credit rating following Monday's collapse of its US$3.7 billion (555.7 billion) contract to build a mass transit and tollway system in
        FT  -  262 words
      • Article
        Queries on SBS 78's circular
        441 8  -  UTTER TO THE EDITOR Adrian Ho I REFER to Singapore Bus Service (1978) Ltd's circular to shareholders dated Sept 30 1997. I have two points that I hope SBS would comment on: Point 1: Stated net profit attributable to SBS 78 implies big losses at
        441 words
      • Article
        Lock icon Telstra shares: 10,000 limit per investor
        168 8 Bloomberg [CANBERRA] Australia Finance Minister John Fahey said individual investors won't be allowed to buy more than 10,000 shares in Telstra Corp, Australia's governmentowned telephone company, when one-third of the company is sold next month. Leaving no doubt the sale is being structured for
        Bloomberg  -  168 words
      • COMPANYBriefs
        • Article
          GK Goh gets money lender's licence in HK
          39 8 {SINGAPORE] GK Goh Capital (HK), a subsidiary of GK Goh Holdings, has secured a money lender's licence in Hongkong. It has also raised its paid-up capital to HKS2O million (Ss4 million).
          39 words
        • Article
          Lion AsiaPac in trading firm venture
          63 8 [SINGAPORE] Lion AsiaPac has tied up with Combined Trading Co Pte Ltd to set up trading company Sonlife International Pte Ltd. Sonlife, with a paid-up capital of $3 million, is 75 per cent controlled by Lion AsiaPac. The new company will engage in international
          63 words
        • Article
          Penguin Boat IPO on Monday
          58 8 [SINGAPORE] Ferry operator and boat maker Penguin Boat International will make its initial public offer on Monday. It is expected to float up to a third of its restructured capital. Penguin operates a fleet of 85 vessels and is the sole provider of ferry services
          58 words
        • Article
          Clipsa! buys Aussie vineyard
          81 8 [SINGAPORE] Clipsa] Industries (Holdings) has bought an Australian vineyard to boost its wine-making business there. The company said wholly-owned Pacific Fame Investments Ltd took a 49 per cent stake in Merrivale Wine Pty Ltd for A 52.45 million (552.75 million). It added that SO per cent
          81 words
        • Article
          Bousteadoo buys NZ business
          92 8 [SINGAPORE] Bousteadco Singapore has formed a subsidiary in New Zealand to buy a boat-making concern there. The company said yesterday that it would pay NZ5468,501 (*****,410) for the business and assets of Aquapro New Zealand Limited, which makes rigid-hull inflatable boats. The purchase will be made
          92 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon WorldCom files legal suit in US$3ob bid for MCI
        536 9 Suit seeks to remove MCI protection from hostile predators FT [LONDON] World Com, the fast-growing US telecoms group, on Thursday moved aggressively to press ahead with its US$3O billion (5546.2 billion) takeover bid for MCI Communications without the co-operation of British
        FT  -  536 words
      • Article
        Lock icon Raytheon-Hughes tie-up obtains antitrust approval
        248 9 Bloomberg [WASHINGTON] Raytheon and General Motors Corp's Hughes Electronics won federal antitrust approval for their US$9.5 billion (5514.6 billion) combination, bringing the companies one step closer to creating the nation's third largest defence and aerospace company. In a settlement with the Justice Department and the
        Bloomberg  -  248 words
      • Article
        Lock icon Jobs confident of Apple turnaround
        418 9 Interim CEO hints of linenp of 'awesome' new products Reuter [SAN FRANCISCO) Apple pomputer Inc may not be completely out of the woods yet, but things will turn around at the troubled computer maker where "it's getting exciting again", co-founder Steve Jobs said on Thursday
        Reuter  -  418 words
      • Article, Illustration
        Lock icon Petersen debuts on Wall Street
        72 9 [NEW YORK] The Petersen Companies, Inc, chairman James D Dunning (left) posing with New York Stock Elxchange chairman Richard Grasso outside the stock exchange in New York on Thursday, the day the publishing company was scheduled to begin trading there. Petersen publishes magazines including Motor
        REUTER  -  72 words
      • Article
        Lock icon Sweden's No 3 bank to buy No 2 insurer
        107 9 FT [STOCKHOLM] Skandinaviska Enskilda Banken (SE-Ban-ken), Sweden's third-largest bank, on Thursday announced plans to dominate the Nordic financial services industry by acquiring Trygg-Hansa, the country's second-largest insurer, for 16.8 billion Swedish kronor (553.4 billion). The bank, the financial flagship of the
        FT  -  107 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        792 9 Vessel Voy No Berth jwW Departur JM|hri *aa VMtart M J04 tmquf 03 0/1430 H tatw OCT 3 JR «m«a4> (KB/1000 Barman fid 1 JOT <oa*M4t 05.0/000 Martaa 4/97 J17 *aa*n*» 04.D/0900 Occ Sacttu I M tmyitt n o/oaoc Pi 2507 BO J02 aonpiR MWON »sa 10/97 jo
        792 words
      • Article
        CONTAINER SCHEDULES
        1517 9 RECEIVING OF EXPORT Fa CONTAINERS AND La CARGO Boofctnq/BMKt Htb SMp VoyNo Etb/ttr Nrted_Free To From Ha Qm 03a 01/13*0 It 0VB00 03/1*99 03/M00 ovnoo dm ovwc 2* Di-r'oc 04/0*54 ovnoo 2* WTO* 04fl*59 -VOW J OVC'OC ovnw M/wm 4 04/1200 04/1499 04/1700 total m* 05/0700 M WW
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    • FINANCE & COMMODITIES
      • Article
        Lock icon Barclays to sell off less profitable part of BZW
        195 10 Bloomberg [LONDON] Barclays pic said it will split its investment banking business, BZW, and sell the least profitable part to boost shareholder value. Barclays will sell its corporate finance and stockbroking business and keep its more profitable fixed-income, foreign exchange and
        Bloomberg  -  195 words
      • Article
        Project finance in region unaffected by currency woes
        460 10  -  It is less prone to short-term quirks in economy: ANZ Investment Bank By Clarissa Tan [SINGAPORE] Project finance in the region is alive and well despite the currency woes, according to ANZ Investment Bank's newly-appointed regional head of project finance, Scott Mclnnis.
        460 words
      • Article
        Lock icon US Prudential may sell health unit
        361 10 Industry sources say its bankers are shopping around NYT (NEW YORK] After swallowing enormous losses for years, Prudential Insurance Company of America is trying to sell its health-care business, which provides coverage for almost seven million people nationwide, industry executives said yesterday. But Prudential
        NYT  -  361 words
      • Article
        Lock icon US insured property losses fall 77% in Q3
        168 10 Bloomberg [NEW YORK] Insured property losses in the third quarter feU 77 per cent to US$5lO million (Ss7B2 million) from a year earlier, as no catastrophes struck in September for the first time since 1991, according to an insurance industry trade association.
        Bloomberg  -  168 words
      • Article, Illustration
        Lock icon Mixed outlook for the greenback
        415 10 USS/mark: The US dollar traded generally higher this week from the previous week's low of 1.7460 to 1.7781 by Thursday. The bearish technical picture remains valid as long as the resistance line of the bearish channel in the daily chart remains intact. The value of
        Source:  -  415 words
      • Article
        Lock icon Caspian fields attract Western firms
        260 10 ENERGY REPORT Reuter [ALMATY, Kazakhstan] The smell of money, a powerful incentive for Western oil majors looking to invest in the energy riches lying under Caspian waters, often outweighs the bitter international feuds over ownership of that wealth. The five countries surrounding the water body
        Reuter  -  260 words
      • Article
        Prices end higher on talk of govt participation
        160 10  -  MSCI TAIWAN FUTURES By Perry Gilbert Perry Gilbert, vice-president Refco Singapore [SINGAPORE] The Simex MSCI Taiwan Stock Index futures feU in early trading yesterday as news of a delay in the planned government share sales hit the market. The October contract traded
        160 words
      • Article
        Lock icon Gold ticking lower on producer selling
        236 10 Reuter [LONDON] Gold gave away a little more of its recent rally yesterday as rising lease rates for the metal suggested the drag came from renewed producer selling, dealers and analysts said. The morning fix put gold at U*****.10 an ounce, down from Thursday
        Reuter  -  236 words
      • Article
        Lock icon CURRENCY REPORT
        294 10 Reuter THE US dollar was higher in quiet trade while the pound was weaker on the back of comments by minister without portfolio Peter Mandelson, in which he refused to rule out the UK's possible inclusion in the first wave of EMU commencing at the start of 1999.
        Reuter  -  294 words
      • Article, Illustration
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        1,166 words
    • Article
      COMMODITY PRICES
      1688 11 S100M FUTURES Oct 3 NMKI (Mww dt*|« at SJOpa) RSS1 CONTlACTn ctaftAo) CtOM Vol—M Op«fl Mwtt Wfh Low SOTt (to—OJ) tatorwt NOT 97 140.50 140.25 140.00 525 2375 0ot9T 142.75 2000 a* 147.00 145.75 145.75 75 2170 98 150.00 148.75 148.75 75 2(70 98 ***** ***** ***** 75
      1,688 words
    • Article
      WORLD STOCK MARKETS
      2178 11 mom SMMII Oct! Pfci 31 Group 5 >6.400 1 AS Ports 289 3 Abbey National 947 -16 A Mod Oomecq 480.400 2 Asnoc 150 unch Axil Group 157 2 BAT loO 561 -6 BG Pie 265 2 8ICC 175.400 -3 BOC Group 1095 1.600 BR Petroleum 937
      2,178 words
    • Article
      Lock icon TOKYO
      1650 11 AFP Nikkei 225 *112.41 JAPANESE share prices closed 1.1 per cent higher yesterday, backed by technically-driven short covering after six consecutive trading days of declines, brokers said. "Dealers, fearing carrying over sizeable short positions through the weekend, attempted to cover their exposure after failing to test the downside of
      AFP  -  1,650 words
    • Article, Illustration
      Lock icon HONGKONG
      1490 12 Bloomberg QHangSeog +78J72 STOCKS rose yesterday, as HK Telecom rallied on speculation over a shake-up in its ownership. Telecom, controlled by UK's Cable Wireless, rose 4.8 per cent to HK518.35, tracking a surge in British telephone stocks. Telecom is C&W's biggest asset. Analysts said C&W may become a takeover
      Bloomberg  -  1,490 words
    • Article
      Lock icon TAIPEI
      401 12 AFP QWP Index *3131 STOCKS rose yesterday as investors sought electrical shares, the mainstream of the market, brokers said. "Late buying in electrical issues boosted the key index, which had once dropped below the 8,400-point level in early trading," said a trader. The Weighted Price Index rose 32.52 points
      AFP  -  401 words
    • Article, Illustration
      Lock icon JAKARTA
      691 12 AFP Q Composite Index -2L44 SHARE prices closed 4 per cent lower in panic selling yesterday as the rupiah weakened to all-time lows. "We saw panic selling today. Some of my clients who took days off came back and started selling," said a trader. The panic was sparked by
      AFP  -  691 words
    • Article, Illustration
      Lock icon BANGKOK
      792 12 AFP P SET lain -141 SHARE prices fell in thin trading yesterday, following a downgrade of Thailand's foreign currency ceiling. The focus was on financial stocks after Moody's announcement on Thursday amid an absence of positive leads. However, there was little reaction to news that representatives of the 58
      AFP  -  792 words
    • Article
      Lock icon MANILA
      294 12 AFP Q nimbi -130 SHARE prices were marginally down yesterday on high interest rates and lingering fears more firms would default on their loans. Analysts said the Central Bank of the Philippines may raise the borrowing rate to 14 per cent from 12 per cent. The Composite Index fell
      AFP  -  294 words
    • Article
      Lock icon SYDNEY
      600 12 AFP QAllOrinariM -1&B SHARE prices drifted lower yesterday in slow trade ahead of the Labour Day public holiday on Monday. The All Ordinaries Index fell 15.8 points to 2,763.1, after a late adjustment on Thursday. Turnover was low, with only 312.6 million shares traded worth A 5663.3 million. BHP
      AFP  -  600 words
    • Article
      Lock icon WELLINGTON
      261 12 Reuter n Wellington *1832 SHARES rallied 0.7 per cent to close at a new high yesterday. The NZSE 40-share Index rose 18.32 points to 2,593.58, its highest level since inception in 1991. If its predecessor, the Barclays Index is included, the Top-40 is at its highest level since before
      Reuter  -  261 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8224 13 INDUSTRIALS CtHHMf product i *9*7 Last Vol Day Nat Caa l— c«w>mv im -ooo m$n l— pft %m» 790 400 A|inomoto 420 unch I 420 420 23.3 170-2 448 231 Anqkasa 272 -1 6 272 270 8.1 4011 905 370 Apollo rood Hlg 555 -5 68 555 540 16.1 222.0
        8,224 words
      • Article, Illustration
        Lock icon Shares close higher in thin trading
        505 13 AFX-Asia 71 Composite Index +6.71 SHARE prices closed higher yesterday in thin, rangebound trade on local support ainid prevailing caution over the direction of the Malaysian ringgit, dealers said. The KLSE Composite Index was up 5.71 points at 797.29, while the Emas Index was
        AFX-Asia  -  505 words
    • WARRANTS&OPTIONS
      • Article
        Untitled
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        3,178 words
      • Article
        Metroplex 1998 warrant's main drawback is its short life span
        178 14  -  WARRANT WATCH -By R Sivanithy MALAYSIAN property company Metroplex Bhd has two warrants in issue, one expiring next year and the other in the year 2000. Although we would normally recommend going for the one with the more time, a
        178 words
    • Article
      CLOB INTERNATIONAL
      2120 14 MALAYSIA* <m»u>wi WKme^Pw; irji5«*-3BRf -A -ft'/ySyT^ 8c Or 1 7 L*« »1 0«y LntOuoti Ml Bk W IM M Cap Hl» Low Urn Caawpawy *a» rOOO) H>» L— Bwyar CV It P/t >— <7® 147 mi 5000 A1SB50c-, -190 wip 5.0 40 ftf i«f 1949 137 523 mi
      2,120 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        1,110 words
      • Article
        MAIN BOARD
        2879 15 B > A ■jr'SS, ■jj ss J3.K SJ SSRSS8±=»? 0 J MS 885 1275 ASFUSIclOO US88S 31-2 88 S 231 1258 Ac*r50c US188 181 M 5 044 4.9 0 9 I4J 3112 350 280 100? 50C S2 Un£h 4 205 203 204 206 27.5 2.4 6.7 83 3373
        2,879 words
      • Article
        SESDAQ
        623 15 StM* rmaunii S! rami ®"J» M» VM Met C4* A«« rOOO) Wig L— fctyr M»r Cw >/I Mra StSAM 444 144 88 ~g *i JfJ JfJ J 41 JJJ U u 0.1 202.9 63 2 Ml 129 01 2051 ASJHWg.20c—__l00 uiKk 100 WO 52 0-4 *2« *52 2061 *~.»*N»U4
        623 words
      • Article
        Untitled
        204 16 Stacks Vatume Tianjin Zlvong 4.966.000 •Refcapadfic Bk 4.724,000 •RHBCap Wt99 3,689.000 S—I<WI 10c 3,671.000 •Pub Bk Foreign 3,015,000 Hotung Inv MT5 2.934,000 *Sin« Darlry 50c 2.658.000 Asia FoodS Prop 2,652,000 HKLandUSIOc 2,652,000 SingTel 15c 2.469,000 Stacks SIA Foreign 10.779.173 OCBC Foreign 10.522.309 008 Foreign 10.025,088 City Dev 50c 9,924,966 HKLandUSIOc
        204 words
      • Article, Illustration
        HOT STOCK
        57 16  -  Shiv Taneja IDRIS HYDRAULICS closed 2.5 cents lower yesterday at 89 cents on a volume of 1.06 million shares, compared with its 10-day traded average of 1.67 million units. The daily and weekly RSI and art well below 25, but there is more downside in the days ahead,
        57 words
      • Article, Illustration
        Lock icon Late activities result in lower STII, higher KLCI
        684 16  -  STOCK MARKET COMMHVTAKY Many players are staying away from equities as concern over the M'sian ringgit and Indon rnpiah still looms over the market By R Sivanithy [SINGAPORE] Both the Singapore and Malaysian benchmark indices yesterday encountered a spot of late rigging
        Chart info from Bridge  -  684 words
      • ON THE GRAPEVINE
        • Article
          Out out, damned dot...
          97 16 A DECIMAL point went walkabout yesterday and momentarily put a price tag of $438 on a Creative Technology share. About the best excuse the errant dealer concerned might come up with is that it was only six minutes into the day's trading, when the married deal
          97 words
        • Article
          Geong places with GLCs
          102 16 DELIFRANCE can benefit from having Sembawang Corporation as a parent because SembCorp is a GLC (government-linked company), SembCorp's president of new business group Chan Wing Leong told reporters on Thursday. But he quickly clarified that "it is not that GLCs have special privileges, but that we
          102 words
        • Article
          Before and after
          57 16 YESTERDAY, we reported that Fraser Securities has lost its research manager Violet Soh and two other research analysts out of a total team of Ave. Well, we have been informed that the total size of the research team at Fraser was eight and not Ave. So if
          57 words
        • Article
          SIA's Taiwan bless
          121 16 BLAME it on the haze or the cumocy crisis. But whatever the reason, demand for flights between Kaoshiung and Singapore has shrunken drastically in the last few months. According to the latest reports from Taiwan, the once-popular route has seen its loading factor felling from 80 per
          121 words
        • Article
          Li and Lee
          214 16 WHY IS tt that Li Ka-shing appears more popular and better known than Lee Shau-kee even though the latter has often been ranked the richest man in Hongkong? Could it be the feet that Mr Lee does not speak English and could not win the foreign media
          214 words
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      41 7 Can't Keep your house in order? If you are having problems with clogged pipes, over-grown gardens, pest infestations, poor TV reception, worn-out fittings and furnishings Get a quick fix. Seek help from the Classified, Home Needs Classifications 90 to 120. CATS-
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      43 8 Or make your dream a reality with a piece of realty. Whether you're In the market for a luxurious bungalow or an affordable apartment you can find it easily in the Classified. Move on to the properties Section, Classifications 400 to 569. CATS.
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      53 12 o Put The Straits Times Classified to work for you today. lawn an education institution. The Straits Times Classified ismy course to success. CASTS. 1800-737-1166 Call Today For Results Tomorrow. Locate its owner through Classification 821 (Found). Simply call C.A.T.S. at 1800-737-1166 for this free service. Another j Classified I
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      Page 12 Advertisements Column 2
      43 12 ♦The China and South Korean stock markets were closed yesterday. WHY HOT DRIVE IN THE LAP OF LUXURY TOO? 6 befitting my lifestyle. I knew where to look for Classification 352." Whether you're selling or buying a !3§g 7• luxury car, use Classification
      43 words
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      583 16 BUSINESS o! ices I<> ;i<l\titiM t/iill !o||-|rtr INOO-741 INS.* IN THE MATTUt or THE COMPANIES ACT, CAP. SO aad IN THE MATTER OF JNP EMPLOYMENT SERVICES PTE LTD (Ia Voluntary Liquidation) NOTICE IS HEREBY GIVEN that the Creditors of the above named Company, which is being wound up voluntarily, are
      583 words
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      Page 16 Advertisements Column 2
      103 16 J With your new status as a I I.LiSav public-listed company, a new era I I I Ql I has begun. Start it right with a I 1 \i II J thank-you ad to your 1 I to everyone shareholders, business I I who made your I I u associates
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Lock icon Where workers dine in style
      1246 17  -  Industrial canteens are looking better and serving tastier meals, thanks to progressive employers who appreciate the link between well-fed, happy workers and productivity, tawhu vm reports COVER STORY TAN SU YEN IT'S LUNCH TIME at Seagate Technology International's Ang Mo Kio facility and engineer Edmund
      CHRIS LOH  -  1,246 words
    • Article, Illustration
      Lock icon Keeping the caterer on his toes
      434 17 WILLY Optekamp, general manager of Conrad International Centennial, eats lunch twice a day. Apart from his regular noon break, Mr Optekamp samples a selection of food from the staff cafeteria at 10.30 every morning. Most of the time, the rendang, steamed tofu or mee
      CHRIS LOH  -  434 words
    • STRAWS In The Wind
      • Article
        Humour on the air
        115 17 OTHER than providing news and entertainment, the radio is also a source of some unintentional humour. Here's a small sampling: A newspaper reader rang up to say she heard a broadcaster announcing on the radio: "I'm going to bring in two guests. One is from an
        115 words
      • Article
        Non-stick verse
        68 17 THESE days, song titles just aren't what they used to be. In one progressive rock compilation CD, a group known as Quiet Sun contributed a song that goes: Mummy Was An Asteroid. Daddy Was A Small, Non-stick Kitchen Utensil. We also understand that Pink Floyd has a bizarre
        68 words
      • Article
        Hazy holiday
        42 17 A MALAYSIAN boss said he told his Sarawak workers not to go to work because of the haze. But they used their spare time to go and play football instead. "So it's back to work for them," said the boss.
        42 words
    • VIEWPONT
      • Article, Illustration
        A straight-shooting economist
        1794 18  -  \J THE RAFFLES Conversation Rizal Ramli is an outspoken critic of the Indonesian government's economic policies. He talks to s n vasusz about how Jakarta mismanaged the recent currency crisis, about the challenges facing the country and his reform priorities S N VASUKI Rizal ramli, one of
        1,794 words
      • Article
        When asset shuffling is capital flight
        577 18 QAFs takeover of Indofood is nothing more than the transfer of Indonesian assets offshore, says Ramli RIZAL RAMLI has emerged as one of the strongest critics of the Salim Group's asset shuffling plan which will involve the takeover of Jakarta-listed PT Indofood by Singapore-listed
        577 words
      • Article
        Emerging signs of an assertive middle class
        328 18 RIZAL RAMLI feels that his outspoken views on the Indonesian government's economic policy is a reflection that the country's growing middle class is coming out of its shell. "Indonesia's middle class is still very small," he points out. "It cannot be compared with
        328 words
    • DESIGN
      • Article, Illustration
        Sitting pretty
        995 19  -  With comfort and decor in mind, oosmMß irmiK picks out a few upper-end sofas CORINNE KERK AFTER paying more than a million dollars to buy your property, what else can you spend your money on? Furnishing, of course. And in turning a house into a home, one of
        995 words
    • Article
      Cafe operators play a balancing act
      556 19 A captive market helps but the crucial component of success is purchasing policy ONLY the big boys live to tell the tale, say cafeteria operators. See Choon Tham of Linda Catering should know. He and his wife, Linda, after whom their business is named,
      556 words
    • Article
      A matter of priorities
      664 20  -  CINEMA Contact and Inventing The Abbotts reveal different approaches to movie-making By Susan Tsang TWO FILMS that open this week work on different ends of the spectrum. One is a big budget, big effects piece so large it loses its focus, and the other is an
      664 words
    • Article, Illustration
      Hollywood with a continental touch Hollywood with a continental touch
      894 20  -  CINEMA A look at the varied fare from love and Inst to comedy and costnme drama at the European Film Festival By\ Susan Tsang The seventh European Film Festival will feature some genres that are familiar with fans of Hollywood,
      894 words
    • Article, Illustration
      Lock icon Different moods
      393 21  -  NIGHTSPOT Rv A Surendren THE OWNERS at this pub want you to take their beer mugs home. No catch or strings attached, but there's a very nice carrot if you bring the mugs back. We're talking about the two-month-old Moods Entertainment Pub at Scotts Walk. On Mondays, you
      SIEW YAW HOONG  -  393 words
    • Article, Illustration
      WHAT'S ON
      412 21  -  Compiled by M Yasotha CONCERT SSO: Subscription Series Conductor Choo Hoey conducts the Singapore Symphony Orchestra in Grace Williams' Trumpet Concerto and Hoist's The Planets. Deborah Calland is guest soloist for these two concerts. Oct 10 11, 8.15pm at Victoria Concert Hall. Tickets: $8, $13, $18, $25 $35
      412 words
    • EPICURE
      • Article, Illustration
        Lock icon Destination cafes
        587 22  -  Want to do some people-watching? tax su yen checks out the view at Burke's and Bistro Europa TAN SU YEN Move over, Planet Hollywood. Burke's Coffee, at Pacific Plaza on Scotts Road, is the latest flshbowl where the fashionable gather to gawk and be gawked at in return.
        PHOTOS BY CHRIS LOH  -  587 words
      • Article, Illustration
        Good value for money
        366 22 Bistro Europa offers regular cafe fort and its strong point is pasta ROUND the corner from Burke's Coffee, Bistro Europe offers all-day outdoor dining in what used to be the lane between International Building and the Thai Embassy. Run by the Euro pa Group, Bistro Euro
        366 words
      • Article
        Some good picks off the beaten track
        875 22  -  WINE CONNOISSEUR A selection for those looking for quality and elegance By] N K Yong WINE should be fun, and part of the fun of wine is discovery happy ones as well as disappointments. Memorable indeed is the discovery of a truly great
        875 words
      • Article, Illustration
        Da Vinci's impresses with its freshness
        719 22  -  RESTAURANT Tired of the usual pasta dishes? Try this place By( Corinne Kerk "lF YOU're looking for the usual pasta dishes like cabonara, marinara and vongole, you won't find them here," says our friendly but earnest waiter at Da Vinci's Italian Restaurant. We don't
        719 words
    • Article, Illustration
      CINEMA
      766 23 Bean: The Ultimate Disaster Movie. The walking accident, Mr Bean, is mistaken for an art expert by unsuspecting Americans. Lido, Republic, Changi, Hougang, Jurong, Choa Chu Kang, Century, Yishun, Bishan, Tiong Bahru, Boon Lay, GV Marina, Tampines, Empress, Jubilee, Whitesands. Central, Eastpoint. Conspiracy Theory. Paranoid cabbie Mel Gibson gets
      766 words
    • Article
      ENQUIRIES AMD BOOKINGS
      128 23 OathayOrg Cathay 3.18-3400 Kastshorc .146-1816 Picturehouse 3:18-3400 Yangtze Mi ZXacWata Empress 777-5867 Jubilee 454-1640 Mandarin 292-9401 Marina XtB-9719 Whitesands 585-/782 OoidMiVllla«a Bedok 4411-2405 Bishan 353-8885 Boon I>ay 792-2788 Broadway 454-9.194 Majestic 533-9032 Marina 337-9488 Pavilion 786-5788 Tampines 8 786-5788 Tiongßahru 274-6588 j Yishun 257-7848 OwniM Movta Clement!/
      128 words
    • TRAVEL
      • Article, Illustration
        Indian Ocean hideaway
        1092 24  -  The Maldives is well known as a honeymooners' haven. But the solitary traveller need not feel left out as ben kdmros discovers BEN MUNROE f f KAY, turning now," barked Helmut through gritted teeth as he pushed the rudder out and nosed the twin-hulled catamaran into the
        1,092 words
      • Article
        Lock icon New York Palace looks sleek after US$100m facelift
        668 24  -  m TRAVEL BRIEFS About 85% of the gnests at the luxury hotel are business travellers By. Paul Burnham Finney NYT WITH big bucks from its owner, Prince Jefri Bolkiah of Brunei, the renovated New York Palace has put history behind it as
        NYT  -  668 words
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      49 20 1 hubby can A walk into -these OJ "two Jobs. No o handicap any jod. any Career. Available any Day. ANY TIME. anywhere. The Straits times The Sunday times Business times the new Paper lianhe zaobao lianhe wanbao Shin min Daily news berita harian berita minggu Singapore Press Holdings
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      Page 20 Advertisements Column 2
      109 20 W That's good news to HHI 13 million readers! I J?' Company listings are significant I milestones and it is to the company's advantage to build up ■CBB 2 yjfß J tIX awareness of its corporate JIW «jfl identity, goodwill and reputation tE *m, before its Initial Public Offering. —Si
      109 words
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      872 21 Where to wine, dine and entertain... international Personal Accident Insurance worldwide.f *****45 j Vhat better way to celebrate a great week than Sunday Brunch at The Cafe-in-The-Park? Lin joy the finest irunch and service at only $28* I per adult (only $14" (or the kids). Then toast your good fortune
      872 words
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      Page 21 Advertisements Column 2
      159 21 L -rET^ie^iood" Jl|lk H. makes a spectacle of mWKip*3 Itself, aa the widest y/ seafood appeilaer buffet unfolds before i u n\V" X you at Top of the > Singapore's Highest Revolving Restaurant. Feast on eicltlng seafood creations prepared with only the freshest saptood and bouatlful vegetables. Join us for
      159 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      686 23 RECOMMEWPED VIEWPIO From Drac f Z"in p r^ direc,s with love Shanghai Grand, 10.30pm, Bram Stoker's Dracula, Ch 8 11pm, Ch 5 The scene is 1930s Gary Oldman takes a title Shanghai, seething with role first essayed by Bela the sins of the underworld. Lugosi in 1931, in a The
      686 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      1531 23 TODAY'S TV Premiere 12 W WF Hffftrll 2.00 pm Muppet Babies v. V h 300 Caroline and Her LOO PM Soccer: Thailand vs 3.00 Swimming: FINA Short |jfe| Taman Sesame. 4.00 Golfers V 1 (MM Kaanbom -o« Su Ul A y i f.K Lfer- 1 Sntaa' thUVPUS) 5.30 The Animals
      1,531 words
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