The Business Times, 25 October 1997

Microfilm: NL21043
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    15 1 THE BUSINESS TIMES MIT A (P) 023/12/96 85c SINGAPORE Internet: http://www.asial.com.sg/biztimes WEEKEND EDITION, OCTOBER 25-26,1997
    15 words
  • Article
    MARKET SUMMARY
    67 1 Dmn (42.06) PI BT-SRI mm 743J& (-0.82) n BTOOHP Ml 1447.7! (-20.85) D mSS(-9A9) STOCK HAHET DQNCES Friday Change KLSKCOJtP nut -I4JI NIKKH I7JK&74—*2 ill 9 HANGSKNO 11,144J4_*718J4 a 8CT INDEX 4K» I7J« JAKARTA COUP __4*.4e 474 MANIA COW _l 347.78 *14*7 TAIPEI WH 7,***** 1KJ7 SEOUL C01IP
    67 words
  • Article
    FINANCE
    71 1 EXCHANGE KATES ust SI LSS 1-581 1.632 «7f DM MCI MM ¥BH IM 1.822 UN US MS? 0.4W IIKS AIM tm BAIIT U* tWl MJPIAIIIW B.«8 IM4 FUME BATES SINGAPORE* L44 KUALA LUMPUR 9M JAKARTA 18L» BANGKOK 11*5 MANILA li» HONGKONG Mi TAIPEI Ml SYDNEY ~~U» TOKYO 1M SEOUL
    71 words
  • Article, Illustration
    Lock icon Hang Seng recovers 7% on govt buying and share buybacks
    905 1  -  Gains across the board as interest rates fall, currency speculators withdraw From Loh Hui Yin in Hongkong THE Hongkong stock market emerged from four days of bloodletting with close to a 7 per cent rebound yesterday as sky-rocketing interest rates
    Source: Bloomberg; REUTERS  -  905 words
  • Article
    HK$ peg will stay – because of Jiang's US visit
    502 1  - HK$ peg will stay because of Jiang's US visit Loss of face if change comes so soon after HE'S return: analysts By Larry Wee [SINGAPORE) The Hongkong dollar's peg to the US dollar will remain intact for now at least, analysts say, for a simple reason: Chinese President Jiang Zemin's
    502 words
  • Article
    S'pore stocks extend falls
    313 1  -  STII ends 32 points down in choppy trading By] R Sivanithy [SINGAPORE] Prices on the Singapore stock market gyrated in tandem with Hongkong's Hang Seng Index in a nervous and volatile session yesterday. The Straits Times Industrials Index initially skidded 73 points to a low of
    313 words
  • Article
    Lock icon Early Dow rally fizzles out as chips, gold stocks fall
    195 1 Reuters [NEW YORK] An early rally on Wall Street yesterday quickly fizzled out as a slide in semiconductor and gold stocks, and a weaker long bond, dampened sentiment. The Dow Jones industrial average rallied some 80 points at the opening,
    Reuters  -  195 words
  • Article, Illustration
    Lock icon S'pore will allow S$ to fall to maintain competitiveness: SM
    372 1 Firms which make long-term bets now on Asia's recovery will be well rewarded Bloomberg [BOSTON] Singapore will allow the value of its currency to fall as other Asian currencies decline to preserve Singapore's economic competitiveness, said Senior Minister Lee Kuan
    Bloomberg; Source: Bloomberg  -  372 words
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      107 1 Thai caUaat raMße A team of technocrats, bankers and telecom moguls was yesterday inducted into a Thai caretaker cabinet, p*e Si's htm ip 10% SlA's interim earnings rose nearly 10% to $616 m, thanks to cheaper ftiels, a stronger recovery in cargo traffic and an improvement in yields, V CMB&bKKP
      107 words
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      Page 1 Advertisements Column 2
      31 1 Is this the time to buy in Hongkong? Pg 3 Markets in Turmoil: More reports, Pgs 4 5 Tr^M Celebrate wijfn OUB Credit Cards J and embyrce the friendliest gifts j
      31 words
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      Page 1 Advertisements Column 3
      19 1 S-E Asia can recover in 2-3 years: SM Lee, Pg 2 Asean currencies end on weak note, Pg 4
      19 words
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  • SINGAPORE AT HOME & ABROAD
    • Article, Illustration
      Lock icon S-E Asia can recover in 2-3 years, says SM Lee
      493 2  -  Currency crisis will force most regional countries to liberalise economies, he says By. Audrey Tan SOUTH-EAST Asian countries can recover within two to three years if their governments are disciplined in their macroeconomic policies, said Senior Minister Lee Kuan Yew
      ST/GEORGE GASCON  -  493 words
    • Article
      Shopping centre may go en bloc
      504 2  -  By Ang Wan May THE Far East Shopping Centre next to the Hilton on Orchard Road may be up for grabs in what could be Singapore's most unusual en bloc sale. En bloc sales tend to be of residential developments, but in this case,
      504 words
    • Article, Illustration
      Lock icon PM Goh, Mahathir agree to resolve outstanding issues
      403 2 The Straits Times [EDINBURGH] Prime Minister Goh Chok Tong and his Malaysian counterpart Mahathir Mohamad, meeting for the first time since bilateral ties hit a rough patch, yesterday agreed to look into ways to resolve outstanding issues between the two countries. These
      The Straits Times; ST/YOONG CHOON HWA  -  403 words
    • Article
      HDB resale prices dip but volume steady, says ERA
      335 2  -  Reports by. Abdul Hadhi PRICES of HDB resale flats dipped during the third quarter but market volume was steady, ERA Realty Network reported yesterday. ERA's data surprised property agents, who had complained of low sales, with cases of some agents going
      335 words
    • Article
      HDB flats likely to get smaller to optimise space
      545 2 FY 96/97 s*w a deficit ef $Lo2b from the sale of flats HOUSING and Development Board (HDB) flats have become smaller over the last year and are likely to get even smaller. According to floor plans in the housing board's latest
      545 words
    • Article
      Recruitment, pay rises seen falling next year
      329 2  -  Survey finds caution in face of rising economic uncertainty By. Audrey Tan SINGAPORE firms have started to cut salary and recruitment projections in response to the regional currency crisis, a survey of 100 companies has found. Next year's base salary increments are expected
      329 words
    • Article
      CPF to cut premiums for home protection scheme
      237 2 THE Central Provident Fund will slash premium rates for its home protection scheme, a mortgage-reducing insurance to help CPF member families in times of adversity. Announcing this yesterday, Labour Minister Lim Boon Yang said the premium cuts will range from 6 to
      237 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      367 2 THE WE&'I'HHH m lirr i Thick haze. Temperature (29-25) Aste-FaoOfe HVLo* Good. Eanpc Hi/Lo* Good. liwim HVU* (M: Autilaod 18/1J Stowm AHiif 11/08 CM BuaosAres a« Clawr^"'^ Bangkok at* 3>ww AAns 21/14 Mt Be** lfM Smy Bert* 10/04 Cbatfr Ctap (AW Smuq Bombay Omij Boh 11/07 Omtj Hom& tfti Omtj
      367 words
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  • FOCUS: PERSONAL FINANCED & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        Lock icon BT Sentiment Index
        600 3 Citra M&rga Nusaphala Persada ♦(Buy) Peregrine Securities, 950rupiah, Oct 23 We,are revising our net profit forecast down for CMNP to 124 billion rupiah (5554.3 million) from 143 billion rupiah for 1997 and,t*> 178 billion rupiah from 199 billion rupiah for 1998 on the bapk of higher translation
        Figures denote number of respondents  -  600 words
      • Article, Illustration
        In My Opinion
        410 3  -  Peter Negline vice-president Sapfapnon Brothers Hongkong iCA IRLINES are an ex--7\ cellent reflection of xJL their operating envitffljfrment, especially at an economic and political level. Historically, there are few in-post-war, where airlines have not made a significant contribution to the development of a successful economy. For example,
        410 words
    • Article, Illustration
      Lock icon Is this the time to buy in HK?
      841 3  -  Most analysts and brokers say that trading will be volatile next week and a highly selective trading strategy is needed By i Quak Hiang Whai [HONGKONG] IT has been a long week. After four days of a bourse bloodbath, investors and brokers
      AFP  -  841 words
    • Article
      Stick to defensive stocks in KL
      605 3  -  EYE ON THE REGION: MALAYSIA For the time being, buying's only for risk-takers and long term investors By\ Eddie Toh [KUALA LUMPUR] Cash is still king, given the highly uncertain regional outlook. For those looking for bargains in the battered Malaysian stockmarket, there are
      605 words
    • Article
      ACU DEPOSIT RATES Offered by various banks (as at Oct 23, 1997)
      619 3 Bank of China ■■■■■MMMMMi m$ 25,000 249.999 7.4400 ***** 8.4400 A$ 250,000 500.000 7 4400 ***** 8 5600 10,000 49,999 4.1250 4.1875 4*75 o. ht 50,000 i Atww 4.2500 ***** 4J125 WO.OOO 2.499.999 9.2500 *****0 H1300 Dmk 2.5
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    • Article
      Finding the right broker
      677 3  -  In difficult times, it is paramount that your broker has your interests at heart Ifyi Caroline Meakin The writer is manager of private client portfolios at Schroder Investment Management Singapore. THE latest round of selling and currency weakness has sent many investors running for cover and
      677 words
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  • MARKETS IN TURMOIL
    • Article
      HK tycoons see billions wiped M their stock holdings
      580 4  -  Lee Shau-kee may no .more be Asia's richest r man; U Ka-shing may be biggest loser From Quak Hiang Whai yi in Hongkong THE strongest would be the hardest hit, a Singapore banker told The Business Times on Thursday when the
      580 words
    • Article
      Lock icon What Basic Law says about HK$
      290 4 Source: AP-Dow Jones THE Hongkong dollar is enshrined in the Basic Law, a 50-year constitution for the territory that was worked out between Britain and China. The law, published in 1990, contains four main passages that relate specifically to the Hongkong dollar and financial
      Source: AP-Dow Jones  -  290 words
    • Article
      Lock icon Hongkong will fall another 20% before rout's over, says Mobius
      553 4 while Dr Doom sees Hang Seng Index drifting to 8,000 and possibly lower Bloomberg [CARLSBAD, California! Fund managers Mark Mobius and Marc Faber, better known as Dr Doom, on Wednesday painted bleak scenarios for the outlook of Hongkong stocks. Mr
      Bloomberg  -  553 words
    • Article, Illustration
      Lock icon Still sliding Down Under
      44 4 (SYDNEY] An investor watching an electronic display board when the Australian stock market opened yesterday. Australian and New Zealand stock markets continued Black Thursday's slide, with the NZ market dropping more than sper cent and Australia slipping 2per cent. REUTERS
      REUTERS  -  44 words
    • Article, Illustration
      Lock icon Asean currencies end hectic week on weak note
      434 4  -  HK$ peg seen as rwMifiiwg rraciil to outlook next week By Larry Wee [SINGAPORE] Profit-taking by both European and American funds put a firmer tone on Asean currencies yesterday morning, before comments suggesting a weak outlook resulted in a poor close to
      Source: Dow Jones  -  434 words
    • Article
      Prime rates may have to rise 0.5%: economists
      480 4  -  Economy able to take hike in its stride, they say By! Siow Li Sen [SINGAPORE] AS short-term interbank rates continue to be rattled, economists are increasingly taking the view that prime, or board, rates may have to rise by about half a
      480 words
    • Article, Illustration
      The lessons after the carnage
      838 5  -  COMMENTARY HK$-US$ peg deserves more attention than it has been given By Steven Vines A THICK haze hangs over Hongkong at the moment, the weather seeming to mirror the fallout from this week's stock market crash. r When the haze clears, we shall be able
      838 words
    • Article
      Investors fear some US firms may be hit
      334 5  -  By Leon Hadar [WASHINGTON] The storm that whipped through Hongkong's financial markets on Thursday unnerved many American investors who are already concerned over the effects of the continuing financial turmoil in South-east Asia on US companies doing business in the Pacific Rim.
      334 words
    • Article, Illustration
      Lock icon Taiwan ready to defend NT dollar
      358 5  -  By\ Bruce Cheesman Bi!l [TAIPEI] Taiwan's central bank yesterday mobilised the island's formidable foreign exreserves for a further ib bail-out of the New Taiwan dollar in the wake of the Hongi9fikong stock market turmoil. t>- The worst-case scenario for Taiwan, which has the closest
      REUTERS  -  358 words
    • Article
      Tokyo sees no large impact on its economy
      525 5  -  Japanese banks not highly vulnerable despite loan exposures: officials Byi Anthony Rowley [TOKYO] Japanese officials sought yesterday to play down the dangers of Asia's spreading financial crisis having a significant impact on Japan's still shaky economic recovery. They also said Japanese banks
      525 words
    • Article
      Gold unaffected by stock turmoil
      445 5  -  Fall in Asean demand may be offset by gains in Middle East, India By Neil Behrmann ,{LONDON] Bullion dealers are not surprised that gold has failed to respond to the crisis .in Hongkong and turmoil on world stockmarkets. After rising briefly to US$325 (Sss2o) an
      445 words
    • Article
      Manila to act against banks cancelling forex deals
      238 5  -  By, Al Labita [MANILA] The central bank yesterday said it will slap stiff penalties on banks scrapping foreign exchange contracts to hide their US dollar hoardings. In a circular, bank governor Gabriel Singson said the penalties range from a 5,000 peso (*****)
      238 words
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      Page 4 Advertisements Column 1
      28 4 FREE! If you have found something, you can advertise for free in Classification 821 (Found) to seek its owner. Call C.A.T.S. at Tes9 1800-737-1166. |cats.| AnoOw CtoMHltrt Swvkx
      28 words
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      871 5 APOUO ENTERPRISES LTQ (Incorporated in the Republic of Singapore) Announcement The Board of Apollo Enterprises Lid ("Apollo" or the "Company") refers to the announcement issued in Singapore on 22 October 1997 by NM Rothschild 6i Sons (Singapore) Limited on behalf of Samta Investment Pte Ltd (the "Offeror"). It was suied
      871 words
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  • THE WORLD
    • Article
      Lock icon MSC development to cost US$10b
      312 6 KUALA LUMPUR Reuters MALAYSIA'S Multimedia Super Corridor (MSC) is expected to cost about US$lO billion (Ssl6 billion) in infrastructure development over the next 10 to 15 years, a senior executive said yesterday. "It's an open-ended project. Ift terms of development it will proceed for perhaps
      Reuters  -  312 words
    • Article, Illustration
      Banker Kosit gets finance in Thai caretaker cabinet
      709 6  -  BANGKOK Siam City Bank chief is Commerce Minister; 10 technocrats in 49-member team By Harish Mehta A TEAM of technocrats, bankers and telecom moguls was yesterday inducted into a Thai caretaker cabinet in a bid to bolster a flagging financial restructuring programme
      709 words
    • Article
      Lock icon S&P slashes Thai foreign currency ratings
      376 6 AFP [BANGKOK] Standard and Poor's (S&P) yesterday slashed Thailand's foreign currency ratings, saying political turmoil was undermining efforts to turn around the ailing Thai economy. The action came just a day after its rival Moody's delivered more bad news to troubled Thailand when it
      AFP  -  376 words
    • Article, Illustration
      Lock icon Dr M warns of possible recession, urges belt tightening
      516 6 AFP [KUALA LUMPURJ Malaysian Premier Mahathir Mohamad warned his countrymen of a possible recession yesterday and urged them to exercise prudence in spending and buy home-made products. "With discipline we can (overcome the crisis). If we let them (Malaysians) do what
      AFP  -  516 words
    • Article
      Teng-hui bows to int'l pressure, sets date for China talks
      495 6  -  TAIPEI Taipei ready to negotiate in Feb; no Beijing response yet Byl Bruce Cheesman CHINESE President Jiang Zemin's summit with Bill Clinton has led to Taiwan's President Lee Teng-hui bowing to international pressure to reluctantly set a date for the
      495 words
    • Article, Illustration
      Lock icon S&P cuts Korea's credit rating, citing Kia bailout
      397 6 SEOUL Korean stocks hit; analysts say bonds unlikely to tumble Bloomberg. Reuters SOUTH Korea's credit ratings were cut by Standard Poor's Corp (S&P), which lambasted the government's decision to bail out near-bankrupt Kia Group. The downgrade, which affects US$llO billion (*****.7 billion)
      Bloomberg.; Reuters; AFP  -  397 words
    • Article
      Lock icon Asian turmoil may stop Fed from raising interest rates
      562 6 WASHINGTON Crisis could cot US growth by half a point in '98: economist Bloomberg THE escalating economic crisis in Asia may be just the news the Federal Reserve needs to hold interest rates steady in the US for the near future.
      Bloomberg  -  562 words
    • Article
      Lock icon Intel delays opening of chip plant
      219 6 SANTA CLARA, California Bloomberg INTEL Corp said it's postponing the opening of a US$l.3 billion (Ss2 billion) Texas semiconductor plant by a year due to lagging demand for memory chips, forcing it to shift to other chips more in demand. Intel now plans to
      Bloomberg  -  219 words
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  • COMPANIES & MARKETS
    • Article
      SIA posts surprise 10% rise in interim earnings to $616m
      609 7  -  yields up for ■SUhe first time since 1989, but subsidiary disappoint By i Conrad Raj Cheaper fuel, a ■■Wrong recovery in cargo traf- fic and an improvement in yields pushed group interim earnings at Singapore Airlines (SIA) nearly 10 per
      609 words
    • Article, Illustration
      Inchcape to distribute Benetton fashion
      396 7  -  Group will set op five stores in S'pore and four in Kuala Lumpur Christopher Tan [SINGAPORE] Inchcape Bhd, set on expanding its soon-inde-pendent marketing services division, has landed the exclusive rights to distribute Benetni ton's fashion range in Singapore and Malaysia. The listed group, better
      396 words
    • Article
      Heavy, costly borrowings may burden Sinar Mas
      639 7  -  HOCK LOCK SIEW Lee Han Shih A RECENT article in Asiaweek magazine called Siam Cement "perhaps the hardest hit company in Asia by the currency turmoil" because of its high foreign currency debt. The writer should take a look at Sinar Mas. Compared
      639 words
    • Article
      Pokka posts interim net loss of $1.07m
      175 7 [SINGAPORE] Pokka Corp has sunk deeper into the red, posting a group net loss of $1.07 million for the half-year ended July 31,1997. This works out to a loss per share of 1.28 cents, compared with the 0.51 of a cent suffered last
      175 words
    • Article
      Vikay hires consultancy to get back into shape
      515 7  -  It is also moving production lines here to China, M'sia By> Jennifer Lien [SINGAPORE] Cash-strapped Vikay Industrial yesterday suspended trading in its shares and appointed Ernst Young (E&Y) as independent financial adviser to help the company get back on its feet. The
      515 words
    • Article
      Jardine's CCL stake just under 25%
      302 7  -  By Lee Han Shih [SINGAPORE] The Jardine group has raised its stake in Cycle Carriage Ltd (CCL) by one percentage point to 24.64 per cent just below the 25 per cent level which would trigger a mandatory offer. Yesterday CCL said it received notice
      302 words
    • Article
      PB Securities resolves married deal dispute
      153 7 [KUALA LUMPUR] PB Securities, the broking arm of Public Bank, has managed to avoid huge losses from a "married" deal which turned sour. The listed parent said the matter had been resolved and there was no financial loss to the group but did not
      153 words
    • REGIONAL COMPANIES
      • Article
        Smart puts off 9b peso IPO citing hostile market conditions
        385 8  -  Delay may push Smart towards more leans, squeeze profits r From. Al Labita jm Manila SMART, the telecommunications unit of Indonesia's Salim Group, yesterday deferred the 2 unch of its initial public ofr (IPO) due to hostile market $nditions. The
        385 words
      • Article
        Lock icon CNAC delays Hongkong IPO amid market blues
        349 8 Share sale to be pat off till volatility subsides: Peregrine Bloomberg [HONGKONG] China Nation al Aviation Co (CNAC) became the first company to postpone its initial share sale in Hongkong in the wake of the stockmarket's worst decline since 1969. The delay was
        Bloomberg  -  349 words
      • Article
        SBS falls on single tranche debut
        295 8 [SINGAPORE) SBS took a beating on its debut as a sin-gle-tranche stock yesterday, but dealers and analysts were not too perturbed. The counter ended at $6.40, down 75 cents (from Local's last price), earning itself a place among the top losers of the day.
        295 words
      • Article
        India businesses see bleaker second half ahead
        503 8  -  Confidence shaken as first-half profits are expected to be lower By] Rajendra Bajpal in New Delhi PERVASIVE pessimism has descended on India's business community with confidence badly shaken about business prospects for the traditionally better second half-year which kicked off this month. The
        503 words
    • COMPAMIES
      • Article
        Lock icon MCI 3rd-qtr profit down 57% as local call losses widen
        431 9 Charges of US$3l4 million to end certain contracts result in a lossof USslB2m Bloomberg (WASHINGTON] MCI Communications Corp reported that third-quarter profit fell 57 per cent, before charges that gave it a final loss, as the company began formal talks
        Bloomberg  -  431 words
      • Article, Illustration
        Lock icon Smoking without smoke
        90 9 [NEW YORK] Philip Morris, the biggest US cigarette maker, launched an attempt on Thursday to take smoking into the 21st century with tin electronic smoking system driven by nickel cadmium batteries and computer chips. The device is intended to make smoking more sociallyacceptable by eliminating the smoke
        REUTERS  -  90 words
      • Article
        Lock icon Three more US airlines beat profit expectations
        304 9 Higher fares, lower fuel costs, rising passenger traffic Bloomberg [CHICAGO] Southwest Airlines Co, Delta Air Lines Inc r and America West Holdings all posted better-than-ex-pected quarterly profits as the airline industry benefited Z from higher fares, lower fuel costs and rising passenger traffic.
        Bloomberg  -  304 words
      • Article
        Lock icon Sony to buy back up to 800,000 PlayStation games
        371 9 Bloomberg [TOKYO] Sony Computer Entertainment (SCE), the computer game entertainment unit of Sony Corp. will repurchase 700,000 to 800,000 of its video game software packages from retailers to reduce inventory as many new titles are being released. The video game software
        Bloomberg  -  371 words
    • FINANCE & COMMODITIES
      • Article, Illustration
        Lock icon Liffe suspends Reuters' access pending review
        482 10 It says agency breached pact in report which said Blair was booed while xn siting PTfhflngA Reuters [LONDON] Liffe's chief executive said on Thursday the exchange would not allow Reuters to report from its floor pending a review, but that its relationship with the
        Reuters  -  482 words
      • Article
        Lock icon Nationsßank plans to sell US$2.93b Florida deposits
        249 10 Bloomberg [CHARLOTTE, North Carolina] Nationsßank promised to sell about U552.93 billion (554.63 billion) in Florida deposits to one or more regional banks in a move to win regulatory approval for its proposed acquisition of Barnett Banks. The United States' fourthlargest bank said it's
        Bloomberg  -  249 words
      • Article, Illustration
        Lock icon Mixed outlook for US$ against mark
        426 10 USS/mark: US$/mark climbed to a high of 1.7923 by Wednesday before it gave way to selling pressures which saw it fall to 1.7635 on Thursday. Some buying interest emerged thereafter, bringing the unit up to 1.7690 level on Friday morning. Daily stochastics are turning
        Source: DBS Bank  -  426 words
      • Article
        Simex sets 1-day record of 271,028 contracts
        157 10 (SINGAPORE] The Singapore International Monetary Exchange chalked up a singleday record volume of 271,028 futures and options contracts on Thursday. That was the day which saw hectic and volatile trading in the foreign exchange and stock markets. Simex said last night that Thursday's
        157 words
      • Article
        Lock icon China grants licence to second US insurer
        168 10 AFP [BEIJING] China has granted a licence to the US insurer Aetna to operate a joint-ven-ture life insurance operation in Shanghai, the company said on Thursday. The licence is the second for a US insurer, following American International Group (AIG), which was granted
        AFP  -  168 words
      • Article
        Lock icon Euro$ pares gains as stocks bounce
        241 10 SSMES. Report Reuters [SINGAPORE) Simex Eurodollar futures pared some of their gains yesterday as Hong kong shares made a firm comeback from the previous day's plunge, boosting stock markets in Tokyo and Europe. "The whole market came in today just to focus on Hongkong.
        Reuters  -  241 words
      • Article
        Futures end higher as stocks in HK rebound
        170 10  -  MSCITAIW AX FUTURES Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pte Ltd. [SINGAPORE) The Simex MSCI Taiwan Stock Index futures contract closed higher yesterday after an uncertain opening. Once Hongkong rebounded, buying emerged from the larger players and took the October contract
        170 words
      • Article
        Lock icon Nymex crude called slightly higher
        234 10 ENERGY REPORT Reuters [NEW YORK] Nymex crude was called slightly higher yesterday after rival Kurdish factions in northern Iraq called off a week-long ceasefire. Crude was called steady to five US cents a barrel higher. Petrol and heating oil were called steady to 0.25 US
        Reuters  -  234 words
      • Article
        Lock icon CURRENCY REPORT
        296 10 Reuters London THE US dollar's foray above 122 yen yesterday and Its subsequent hasty retreat sharked talk of Bank of Japan intervention, but such speculation is premature, analysts said. Even the recent turmoil in South-east Asian asset and currency markets has, so far, failed to jolt dollar/yen out
        Reuters  -  296 words
      • Article, Illustration
        Untitled
        1387 10 MTBEBAMM CROSS EATBS 24 AS C$ h> KU Fir Pw HM M »i Yw Woe tM M29 f* K» Mo S$ B«nd Sfr OT* £*5; 7 L» 1*6 R543 2M4 0J5T 4.550 2474 U30 ***** 2440 L«3 3428 1036 2748* 0432 *704 1,74 1271 ******443 6.681 2.424 1.154 ***** 25.334
        1,387 words
    • Article
      COMMODITY PRICES
      1775 11 S1C0M FUTURES Oct24 (Mwts dniat m it SJOia) RSS1 CONTRACTS cwrtiAo) Clot* Voftmo Opon Month Hi** Low S«tt (tonnot) Intfwt Nov 97 13S.2S 50 DK 97 137.25 1300 Jan 98 139.50 WTO Feb 90 142.50 WTO .u Ue6 H"« W5-50 WO Apr/Jw90 ***** ***** ***** 300 ***** j5/S*c
      1,775 words
    • Article
      WORLD STOCK MARKETS
      2335 11 LONDON ogl y Noci 31 Croup 501 9 or Ports 286.400 unch ---Abbey National 952 *23 0 SCAfcied Oomecg 510 -3 Amec 150.400 unch h Asda Croup 155.400 2.400 to* VAT Ind S58 "6 ;.;«6P»C 257 18 <-"««ICC 170.400 -4.600 •••BOC Croup 1055 9.570 BR Petroleum 885
      2,335 words
    • Article
      Lock icon TOKYO
      1654 11 AFP Hlßkka22S >***** SHARE prices closed higher yesterday as a technical rally in Hongkong triggered local short-covering and helped recoup early losses. Brokers agree that near-term prospects for the domestic market now largely depend on the movement of the Hongkong financial markets. The 225-share Nikkei Average ended up 212.19
      AFP  -  1,654 words
    • Article, Illustration
      Lock icon HONGKONG
      1636 12 Bloomberg £jHan|Seng +71&04 STOCKS rallied yesterday, lifting the benchmark index by 6.9 per cent, as a decline in interest rates allayed concern the currency's peg to the US dollar will break. That concern and rising rates on Thursday triggered •-the worst rout in Hongkong shares since the 1989 Tiananmen
      Bloomberg  -  1,636 words
    • Article, Illustration
      Lock icon CHINA
      597 12 Reuters FlShemfaenß Index +LBQ THE Shenzhen B share market closed higher yesterday in line with a rebound in Hongkong shares. The B Index rose 1.80 points to 118.81 on turnover of HKJ62 million. The A Index rose 9.99 points to 413.60 on turnover of 10.0 billion yuan. "B shares
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  597 words
    • Article
      Lock icon TAIPEI
      399 12 AFP QwPlafax -106J7 STOCKS closed lower yesterday in the wake of the Hongkong stock market crash the previous day and the drop on Wall Street overnight. Traders said investors retreated to the sidelines for fear that the financial crisis in Hongkong would extend to Taiwan. The Weighted Price Index
      AFP  -  399 words
    • Article
      Lock icon WELLINGTON
      247 12 Bloomberg Q Wellington -***** Share prices plunged yesterday, after a rout in Hongkong stocks on Thursday sent shock waves through world equity markets. Dealers said stocks with US depositary receipts led the decline. The NZSE Top-40 Index fell 139.61 points, or 5.4 per cent, to 2,469.75. Bloomberg ww 1
      Bloomberg  -  247 words
    • Article, Illustration
      Lock icon BANGKOK
      824 12 AFP □set Index -17.M SHARE prices dropped 3.4 per cent yesterday amid a broadbased sell-off as concerns over the country's political and economic direction persisted. Analysts said the weakness in regional, US and European markets saw the local bourse catching up after its closure on Thursday for a holiday.
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    • Article
      Lock icon SEOUL
      424 12 AFP P Composite Intel -33J5 SHARE prices plunged 5.5 per cent yesterday, as panic selling resulted in the biggest sin-gle-day fall in the history of the bourse. The Composite Index fell 33.15 points to 570.91, surpassing the Aug 13, 1993 drop, when the index lost 32.37 points. Turnover was
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    • Article
      Lock icon SYDNEY
      603 12 AFP □MlOrtouy -53J SHARE prices closed 2 per cent lower but off their lows yesterday as the bourse reeled from the impact of falls in European, American and Asian stock markets. The All Ordinaries Index sank 84.5 points in early trade, before recovering to end 53.6 points weaker at
      AFP  -  603 words
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      Lock icon JAKARTA
      714 12 AFP P Composite Index -3.74 STOCKS slipped yesterday amid an uncertain outlook for the region but closed off their lows on a late rebound. "Overall, the market is very quiet. I think concerns over the region are still there, although Hongkong managed to bounce back today," a dealer said.
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    • Article
      Lock icon MANILA
      326 12 AFP Q Manila +MJO7 SHARE prices rose yesterday on a technical rebound. "A technical rebound and bargain hunting pushed the market up," said a trader. The PSE Composite Index gained 14.87 points to 1,847.78. Turnover was 1.1 billion shares at 1.7 billion pesos. Ayala Land rose 75 centavos to
      AFP  -  326 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8782 13 CiMMf prefect! 1007 Lest Vol Day Net Cap HHH Lets Cimpkky Solo 'OOP High Low P/E SmM 790 392 Ajtaemeto 392 21-7 15X9 441 131 Angkasa 243 -I 21 244 240 7.2 358.3 90S 370 ApoBoFoodHig 510 -10 31 510 486 14.8 204.0 785 372 BorleyeLand 440 unch 35 460
        8,782 words
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        Lock icon Shares close off lows on HK rebound
        313 13 AFX-Asia f3 Composite Index -14.06 SHARE prices closed lower yesterday, but off lows after a technical rebound in the Hongkong market, dealers said. The KLSE Composite Index fell 14.06 points at 692.39. The Emas Index fell 3.17 points to 199.87 and the second
        AFX-Asia  -  313 words
      • Article
        Untitled
        275 13 U> 0—■ Uw> Consumer prd H 33 11 tnirnt 20 to n Construction 9 It 3 Tradtaq/Svc 16 49 6 mfrottru 0 4 0 TWonto IT 42 3 Hotot 0 5 0 Prceorty IT 40 10 Plontatton IS M MhWnfl I 3 3 Trust 0 3 I tow 29 72
        275 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3626 14 BONQV LOANS ft WARRANTS m Last Vol Bay L»»« Ouota Av« hi* LM Mm C*m»a«Y *f- rOOO> Ml» L— M «~~27 m 3000 m AMDS C5 5H0202I6 28 26 ?5 15 3*0 "Acor ******1 US$ 22 5 unch 89 25 215 23 24 I3» 25 31*4 Acma ******4 30.5 *1.5
        3,626 words
      • Article
        Battered MTD Capital 2000 wrt has gearing, time on its side
        163 14  -  WARRANT WATCH -By 1 R Sivanithy BARGAIN-HUNTING is a term that is rarely used these days the way things are going, today's bargains become tomorrow's premium stocks. Still, there's no denying that the widespread devastation has floored the entire
        163 words
    • Article
      CLOB INTERNATIONAL
      2380 14 'I MALAYSIAN STOCKS ll Or Or I ,997 U«t Vol Day Last Quote W* Otv YW MM M Cap High L— Stno Company Safr COOP) High L— Buyr S—' C'vr M Sm* "3® 141 mi 5000 AISB 50c 1S3 cd 1 98 160 tio 153 155 i!o 3.3
      2,380 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
        750 15 TWWOVtt COOO) VALUE ('OOO) nw» tun o>» rw *s i p *s m SHE iffi S IT iiH iSE wSi »u§ MAM CUM TOT At a i-m —i i i t: flWCl 7 T 2 8] 9 W H** SSI 020 5 Wnw»»* 5 9 1 4 15 J 9
        750 words
      • Article
        Untitled
        148 16 ft ft KHHWIIf 1 P'f' 5tKCorpn5c~ 14,830,000 HKL RFWWT1203 11,920,000 OSS Und 11,484,000 DBS Foreign 10,926,000 HotvnglnvNT5 9,243,000 MKUndUSIOc 8,752,000 *RHBC4p Wt99 8,173,000 MitEteclOc 7,390,000 MngTai 25c 6,815,000 •Metroptex 50c 5,448,000 ttwta DBS Foreign 156,169,052 Cifry Dev 50c 34,586,723 0CBC Foreign 30,927,127 DBS Und 30,523,680 U08 Foreign 29,997,594 HKLMdUSIOc 21,921,600
        148 words
      • Article, Illustration
        HOT STOCK
        62 16  -  Shiv Taneja FHTK HOLDINGS closed 8.5 cents lower to 57.5 cents yesterday on a volume of 3.23 million shares traded, compared with its l(Xlay traded average of 316,300 units. Both daily and weekly RSI and stochastics have just fallen below 25, an# the daily and weekly MACD charts
        62 words
      • Article, Illustration
        Lock icon Players caught between HK recovery and Dow's fall
        637 16  -  STOCK MARKET COMMENTARY The market does not appear to be oat of the woods despite recovering from the day's lows as many people are inclined to sell into strength m R Sivanithy (SINGAPORE] Hongkong continued to provide the main direction for local
        Chart info from Bridge  -  637 words
      • ON THE GRAPEVINE
        • Article
          Yuppie private bankers beware
          108 16 CONSPICUOUS consumption can be bad for your corporate health, it seems. Philip G Potter, who describes himself as a member of the "young affluent", was "allowed to resign" after he was featured in the New York Times, reported Bloomberg news recently. In the story, the twenty-something
          108 words
        • Article
          But some have a heart
          122 16 IT'S NICE to know that Bome in our own despite 1 /CL-' un preciidsntea regional currency ftlliiafock market volatility, are willing to devote time and rioitey for the less foitouiate.The local traders are planning a f l!^^?S®£^? in, monNw 12 for GueSt<*Hipnout will beMr Lee
          122 words
        • Article
          is the
          45 16 X%\ >:■ was the explanation given as the benchmark Straits Times Industrials Index started off the day with a drop of more than 4 per cent or almost 75 points. Wonder if its recovery thereafter was enough to change their minds about future visits.
          45 words
        • Article
          Keep this in mind
          75 16 WELL, just in case they are thinking about getting back in, AsiaMoney's October issue ranks ING Barings tope in three out of four categories for Singapore research. In a survey of7oo fund managers investing in Asian equities, ING took top spots for overall research, specialist research
          75 words
        • Article
          Still flying high
          90 16 NEVER mind its plungifcgahareprice and Singapore Airlines continue® to win accolades elsewhere. And this time, from no less than the demanding French whose Barometre Voyages d Affaires voted it the top a irl i ne in terms of fttactualify, safety record and quick checfcin facilities. SIA was
          90 words
        • Article
          Another McCarthy?
          66 16 WIS*VE heard a lot of explanations about beating, but this one surely takes the dike. According to wire reports American Republican Senator Aifoaae O'Amato explained it's because the British have handed over their colon> to the Chinese. 'This is a warning is *yet to come in Hongkongnowihaljpie communist
          66 words
    • Article
      MAIN BOARD
      4888 15 Transaction Date: Oct 24 o* or mm* 19*7 Last VI On L«t Ouott Mv Mv YM MM Ca Avq Hlqli Law StNo Company Sa*t COOP) Hlqfi Law Bwyar SaWar Cm H P/l $nl Mca 157 SO a 1020 ACE Dvnamtcs60c 59 -6 78 60 57 57 59 44.3
      4,888 words
    • Article
      SESDAQ
      996 15 1991 y« Otv ustowt* Mr w» i w c« A«f **"> <— m *h roooi n» u» k> cw w m mw khm -NWh vV M4 74 2000 AM MMd 9C 130 wdt 195 130 127 00 111 1 ON U 0.1 Mi? 57 8 110 *22 2f 44
      996 words
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      110 7 «/> WITH A DIFFERENCE CKtuaßy measured our rooms and discovered that ours probably one of the most spobous yoo Hgetot To moke it on even better offer, we compliment it with: Welcome Drink e Coffee/Tea making facilities 24 Houn ui-hoose video H Personal Safe Newspaper Swimming Pool usage Subject to
      110 words
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      12 7 r-w I Zaobao P mmm Tdl iilte 7 Ail mm pf 1
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      296 8 I 11 I H •i'« I 11 J»icj ofil jAJM #~J m rr-r- 'J KM M m m mJ amJ M bnc I^PHPP^V m m TiT| m Y%^ dm MM# ff V W 0 w tteEfis i i —i Bdv ©ss^^^H |9676 3333 l falSfna 0000 000 REXK3CJ 000 000
      296 words
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      1152 9 4 SinGAPORE AIRLinES LimiTED ggf moofpormo in in# nipuoic ov omgeport) ANNOUNCEMENT The Board of Directors of Singapore AirHnea Limited «Mw to mate* «w fofiowinq ennouncement1. UNAUDITED RESULTS FOR THE SIX MONTHS ENDED SO SEPTEMBER ItS7 THE COMPANY THE GROUP THE GROUP Apr-Sop Apr-Sap Apr Sap Apr-Sap "yli* ItS7 IfltS
      1,152 words
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      73 12 calling about See...l told The card we're the computer I y° u was a S' ma king f° r Susan V I advertised in gCKX deal. V /l up, we got what V is going to be J V The Straits Times/ f j we wanted because real nice! Vaa3^
      73 words
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      131 14 YOU ARE JUDGED BY WHAT YOU WEAR W CYC'S TAILORED SHIRTS WILL SET YOU APART mmL i-fSF JDUn W Why wear readymade shirts made for the average body? At CYC, every shirt is skilfully crafted for your body giving you just the right |V|^M Y PtvHL fit- And you have
      131 words
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      59 15 Find Out How You Can Get A Credit Line Of Up To $300,000* IJp^S££fllJ2^ ,nore l n f° rn| aHo» on With Hong Leong Finance Singapore Finance's i yL Name: f/A monthly income of $3,000 y"" HONG LEONG FINANCE SINGAPORE FINANCE J Return this coupon to: J llon« Leon# Finance
      59 words
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      327 16 BUSINESS .\uf ire l.» ;i(l\» l liM tilll Inll-lm lsno-741 ISS3 I NOTICE IS HEREBY GIVEN that, I Chua Aik Hock of22Everitt Road North Singapore *****5, have applied for a Retail Liquor Shop Licence in respect of M/s Pebble Bay Minimart located at 130 Tanjong Rhu Rd. Blk 4 #01-02
      327 words
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      Page 16 Advertisements Column 2
      274 16 IN THE MATTER OF TOE COMPANIES ACT. CAP 50 AND IN TOE MATTER OF MORIMASA DAIICHI DEVELOPMENT PTE LTD (In Voluntary Liquidation i FINAL MEETING NOTICE is hereby given pursuant to Section 308 of the Com pan tn Act. Cap. SO that the Final Meeting of the members of the
      274 words
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      Page 16 Advertisements Column 3
      344 16 IN THI MATTER OF THC COMPANIES ACT, CAP. 50 and IN THK MATTER OP UTEX SEALS INTERNATIONAL PTE LTD (M*mbwC Voluntary Winding UP) At an Extraordinary General of the Members of UTEX SEALS IMTI■NATIONAL PTI LTV duly held and convened on 17 Octotter Iff 7 at No. KakJ Buklt Rood
      344 words
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      Page 16 Advertisements Column 4
      58 16 v. JT. \l IJP "My friends were talking about the adventure camp to Pulau Karimun they had read about in Cats' Mews. I don't want to be leftout -1 read Cats' Mews every Sunday now." Yeo Sam Jay, secondary four student ir^MMsa Sec Sunday qjkw a Sunday Classified special on
      58 words
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      Page 16 Advertisements Column 5
      102 16 CLUB Bit 21 NOW 1997 TAN i l t 1 BPM nvoco fro^ By is minutes LLEANN DEMEULEMEESTER BYBLOS CHRB BY C. MESTDAfiH CALMN KLEM CAMPER CK CAWIH KLEM COTTE MNNKAH COMME DCS CARTONS CVWINM ROWLEY CP COMPANY CUTLERAOROSS POMMMHAH OKNY MESEL DMESVUN NOTEN DAMEL POOLE EMPORK) ARMANI FREDERK MOLENAC
      102 words
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  • ISEAS Trends
    • Article, Illustration
      Lock icon Agenda for the Asean Regional Forum
      1397 17  -  Unless the ARF can move to a higher stage of development it may lose the support it currently enjoys in the United States, says Harry Harding Harry Harding Dr Harry Harding is Dean, Elliot School of International Affairs, The George Washington University, Washington DC,
      AFP  -  1,397 words
    • Article, Illustration
      Lock icon Apec: what's in store in Vancouver this November
      1272 17  -  The Apec meeting in Vancouver in November will be workmanlike, with nothing spectacular expected By I Steve Parker Dr Steve Parker is Chief Economist, The Asia Foundation, San Francisco and, US Coordinator, Trade Policy Forum, Pacific Economic Cooperation Council. THE Asia Pacific
      REUTER  -  1,272 words
    • Article, Illustration
      Lock icon The AFP programme: arms modernisation that never was
      1761 18  -  Renato Cms Do Castro explains why programmes to modernise the Philippine Armed Forces have not taken off Renato Cruz De Castro Renato Cruz De Castro was formerly Chair, International Studies Department of the De La Salle University. He is currently a Fulbright
      REUTER  -  1,761 words
    • Article, Illustration
      Culture and political development in S-E Asia
      945 18  -  BOOK REVIEW Michael R J Vatikiotis, Political Change in Southeast Asia: Trimming the Baa>w> Tree, London and New York: Routledge, 199 pages. By James Gomez James Gomez is a doctoral candidate of the Department of Political Studies at the School of Oriental and
      945 words
    • Article, Illustration
      The benefits of an Afta-CER link
      1599 19  -  p J Xaioyd explains the value of such a link and the form it should take P J Lloyd Professor P J Lloyd is the Ritchie Professor of Economics and the Director of the Asian Business Centre at the University of» Melbourne. 1N 1993,
      1,599 words
    • Article
      Howard government's new course in Asia
      1084 19  -  Australia's white paper on foreigi policy contains continuities as well as significant changes from the past By, James Cotton Professor James Cotton is Professor of Political Science, University of Tasmania, Hobart. THE Australian government's new white paper, "In the National Interest", is the first
      1,084 words
    • Article, Illustration
      Lock icon New South-east Asian crossroads: whither economic liberalisation?
      1391 20  -  Despite the pains of the currency turmoil, it is necessary to continue with economic liberalisation, says Amyn b sajoo Amyn B Sajoo Dr Amyn B Sajoo is a/Smher Canada-Asean Fellow at ISEAS. He is currently an independent consultantjjgQed in Vancouver. AT the annual
      REUTER  -  1,391 words
    • Article, Illustration
      Lock icon The political state of the environment
      866 20  -  rhe imperatives of state sovereignty and demands or some level of nternatianal governance if the environment are two opposing trends at work m Priscilla Hon Priscilla Hon is a Research Associate at the Institute of Southeast Asian Studies. Recently, the haze in South-east Asia
      AZIZ HUSSIN/ST; REUTER  -  866 words
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      111 18 The Editor Trends Institute of Southeast Asian Studies Heng Mui Keng Terrace Pasir Panjang Singapore *****6 Td: 778-0965 Flax: 775-6264 The Institute Hie Institute of Southeast Asian Studies was established as an autonomous organisation in 1968. It is a regional research centre for scholars and other specialists concerned with modern
      111 words
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      217 19 THE PRICE OF VICTORY The 1997 Singapore General Election and Beyond Derek da Cunha About the author Derek da Cunha is a Senior Fellow at Southeast Asian he works in the 'includes and security issues. He also the quarterly Contemporary In the months leading up to the 1997 Singapore general
      217 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Lock icon The art of running a gallery
      1729 21  -  It requires diversifying into related businesses, a more international art scene and generating greater awareness, bbh mphroe finds 01^ BEN MUNROE WITH the regional currency crisis biting deep, businesses heavily dependent on disposable dollars are among the first to worry. The art market in
      Illustration by Jennifer Chua  -  1,729 words
    • STRAWS In The Wind
      • Article
        Deep market philosophy
        54 21 IN THE midst of the stock market meltdown, one senior analyst pontificated that there are basically three things investors need to know about the market: 1. Buy low and sell high. 2. How high is high and how low is low. 3. High can be higher and
        54 words
      • Article
        Win 97 here?
        49 21 WITH stock markets crashing on Thursday, morbid jokes began making their rounds in broking houses. One dealer suggested that all windows in broking firms should be bolted from the outside. This led one wag to wonder whether it was a new locally-developed application called Windows 97.
        49 words
      • Article
        Haze control
        31 21 THE Singapore Police Force is out recruiting, and in a recent job ad they were looking for Home Affairs senior executives or Hase for short. Acrynym or job description?
        31 words
      • Article
        What's in a name
        75 21 AT a Fortune 500 forum here yesterday attended by Singapore's ministers, MPs and CEOs, the American chairing the panel discussion Jim Rohwer obviously had a hard time dealing with Chinese names, despite having written a book on Asia. He kept referring to Sing Tel chairman Koh
        75 words
    • ENTERTAINMENT
      • Article, Illustration
        Moore muscles into GI Jane
        661 22  -  CINEMA Her hard impenetrable screen presence makes the star perfect for conveying the rigours of Navy training By\ Susan Tsang GI Jane sees Demi Moore as an officer in the Navy's intelligence unit who becomes a test-case female undergoing Navy SEAL (Sea Air and Land)
        661 words
      • Article, Illustration
        Lock icon A place to turn back the clock
        381 22  -  NIGHTSPOT Retro Music Bar offers music from the 70s and 80s By I Surendren Apparoo YOUR waist is thicker, your hair's a lot thinner and you can't relate to Perfect 10 although all the hits seem to have a familiar ring. David Bowie's
        ERIC CHU  -  381 words
      • Article, Illustration
        Sly on target in modern Western
        586 23  -  CINEMA The action man proves he can Hold his own against an excellent cast in Cop Land, a movie worth catching Susan Tsang Cop Land, Sylvester Staldeparts from his supermode to take on acting heavyweights like Harvey Keitel and Robert De Niro, and the
        586 words
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        WHAT'S ON
        345 23  -  Compiled by M Yasotha CONCERT British Council Jubilee Concert Catch the world premiere performance of Geoffrey Burgon's Piano Concerto by the SSO which was specially commissioned to celebrate the British Council's 50th Anniversary in Singapore. Guest pianist is Joanna MacGregor. Anne Manson conducts. Programme also includes Delius's The
        345 words
    • PURSUITS
      • Article, Illustration
        Lock icon A model foreign talent — he's got what we want
        701 24  - A model foreign talent he's got what we want PROFILE-^ By, Jaime Ee talent the government would like Singapore to have more of. It's that kind of story a foreigner drawn here not by fat perks but his love for the tropics; a business opportuni-ty-to be the middleman between a
        ARTHUR LEE  -  701 words
      • Article, Illustration
        Where the furniture isn't just sitting pretty
        546 24  -  A new store offers an eclectic range and design advice, by tamsuyen TAN SU YEN THE property market may be down but thankfully homeowners are still splashing out on the interiors of their hard-earned homes. This quest among the houseproud for quality furnishings
        546 words
    • EPICURE
      • Article, Illustration
        Hairy crabs to tickle the adventurous palate
        661 25  -  This increasingly popular delicacy tias a reveals ta* su ten TAN SU YEN IT'S becoming an annual affair. At this time of year when stores are busy dressing up for Christmas, the city's top Chinese restaurants are otherwise preoccupied with the hairy crab
        661 words
      • Article, Illustration
        Lock icon Just good old-fashioned home cooking
        669 25  -  URESTAURANT Red Wok's Glob focuses successfully on authenticity in its Chinese cuisine By* Corinne Kerk RED Wok's Club, one of the newest eateries in Tanjong Pagar, reminds you of an old Chinese home with its wooden tables, bare floors, pictures of old Singapore, and Chinesestyle
        PHOTOS BY CHRIS LOH  -  669 words
      • Article, Illustration
        Lock icon A brief respite, but no delights
        576 25  -  RESTAURANT By, Jaime Ee THERE #re ,of sons for flutoig to the new VJH toria Sqflap- Kos ta uran t jM Grmt World City,j but tW be glad to escape V>% tairK' sane environment wMr# £ou are served, not shora^.? 4 v Secondly, V
        CHRIS LOH  -  576 words
    • PROFILE
      • Article, Illustration
        Lock icon Technology media's prophet-king
        1507 26  -  Media mogul Pat McGovern foresaw the explosion of the computer industry and opted to be its information provider. He tells kemmeth jambs why KENNETH JAMES THESE days it's hard to walk through a bookstore without being inundated by computer magazines and books. Information once of interest only
        ARTHUR LEE  -  1,507 words
      • Article
        When Bill Gates joined the Dummies
        458 26 PATRICK McGovern never thought any book that called its readers "dummies" could ever sell. Fortunately he was willing to give it a shot. The rest is publishing history. He remembers: "I was on the board of IDG Books when they first suggested that we
        458 words
    • Article, Illustration
      CINEMA
      638 27 Air Force One. When the presidential plane is hijacked, Harrison Ford shows what an action-hero president is made of. Lido, Yishun, Tampines, Marina. Clementi, Beach Road, Central, Eastpoint. Bean: The Ultimate Disaster Movie. The walking accident, Mr Bean, is mistaken for an art expert by unsuspecting Americans. Lido. Conspiracy
      638 words
    • Article
      ENQUIRIES AND BOOKINGS
      120 27 Cathay Org Cathay 338-3400 Eastshore 346-1816 Picturehouse 338-3400 Yangtze 223-7529 BngWata Empress 777-5867 Jubilee 454-1640 Mandarin 292-9401 Marina 338-9719 Whltesands 585-1782 OoldmVUlAf* Bedok 443-2405 Bishan 353-8885 Boon Lay 792-2788 Broadway 454-9:194 Majestic Xl 3-9032 Marina 337-9488 Pavilion 786-5788 TampinesB 786-5788 Tiongßahru 274-6588 Yishun 257-7848 Ownh BKovto Clement!/
      120 words
    • TRAVEL
      • Article, Illustration
        Lock icon Beetle-mania in Tasmania
        1494 28  -  Coaxing an old Volkswagen along is one of the most appropriate ways to learn about an island that seems to have stood still in time, says mark graham MARK GRAHAM IT RATTLED, it rolled, it crawled and complained. Occasionally, with a stiff breeze, a downhill stretch and
        PHOTOS BY MARK GRAHAM  -  1,494 words
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      232 22 H|r f T MA■HHV m A A H T A T M I 1 fl I I H M B I S I A I H I B 1 A A 4.J ■L, I.* Pi* M lllli w^'l I B I H H '!> fl I 1 W I H
      232 words
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      Page 22 Advertisements Column 2
      106 22 y r (gyrr^ffj That's good news to ■BHI 13 million readers! I Company listings are significant I milestones and it is to the a IWUTW,I 'H company's advantage to build up awareness of its corporate §j® |p^' ~%k identity, goodwill and reputation ?8y «S before its Initial Public Offering. WKMfzt
      106 words
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      793 23 Where to wine, dine and entertain... 'fas' What tetter way to celebrate a great week than Sunday Brunch at The Cafe-in-The-ftrk? Enjoy the finest hrunch and service at only $28" per adult (only $14* for the kid*). Then toast your good fortune with Gold Champagne, each glass glittering with real
      793 words
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      Page 23 Advertisements Column 2
      172 23 'zl nn»" g ;"g ee-food" sp| i makes a sprtiwlr of F- S Itself, as the wlrtesi y' seafood appetiser buffet unfolds before yoji at Top of the H\ i Singapore's Highest Revolving Restaurant. Feast on eieltlng seafood creations prepared with only the beahest seafood and bountiful vegetables. Join us
      172 words
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      41 24 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. CATJ&.
      41 words
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      115 25 New German German chef Gerhard Gartner will Cuisine present this unique cuisine complemented with German wines in a set lunch and a la 24 October to 1 November carte dinner promotion. Lighter and more nutritional than traditional fare, New German dishes boast new and innovative recipes. Former owner and chef
      115 words
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      45 26 teg 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.
      45 words
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      Page 26 Advertisements Column 2
      49 26 I-f onjy my boss would J respond -to these ads... p o 'i—c-J Any Job. Any Career. Available Any Day. Any Time. Anywhere. The Straits Times The Sunday times Business Tilies The New Paper LIANHE ZAOBAO LIANHE WANBAO SHIN MIN DAILY NEWS BERITA HARIAN BERITA MINCCU Singapore Press Holdings
      49 words
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  • Page 27 Miscellaneous
    • Miscellaneous
      Page 27 Miscellaneous Column 1
      660 27 RECOMMENDED VIEWIHQ rrnllrkro emotions run the usual oiunis gaiiore roilercoaster. This time from Norris Fran is upset to find out that Sylvia is planning to The Hitman, spm, Ch 5 enter a retirement home. Stunts are the strength as Chuck Norris goes The Stuff, 11pm, Ch 5 undercover to infiltrate
      660 words
    • Miscellaneous
      Page 27 Miscellaneous Column 2
      1407 27 TODAY'S TV |a 4.00 Ys Alif 430 Taman Sesame. 12.00 AM TV Innovations. w ''iaSl. 6.00 Lembah Fauna. LOO PM Tennis: ATP Tour j i t JHBH lUO Vasantham Colony. Highlights 1997. A v Q- A 'mP 6.00 Kaanbom Karpom 2.00 World Games-Lahti 1997. jb V ggo Ilayargal Naangal. 3.00
      1,407 words
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