The Business Times, 29 October 1997

Microfilm: NL21043
Total Pages: 80
1 80 The Business Times
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  • Title Section
    Masthead
    13 1 THE BUSINESS TIMES MITA (P) 023/12/96 85$ Internet http://www.asial.com.sg/biztimes SINGAPORE WEDNESDAY, OCTOBER 29,1997
    13 words
  • Article
    MARKET SUMMARY
    61 1 Dm** (-*****) DS&SWtt) nmrooap M 1336J2 (-110.72) Q 55fl?f 51.59) U MARKET MOOD: STOCK MAMET1HBIOBB Tuesday Chan KL8KC0MP jM7JB -4CJ NfWH tUU* -728J HANOSENO MHJI—-t.au set index mm -mi JAKARTA COMP 448.00 -Hi MANIUCOMP 1,***** -II7J TAIPEI Wfl 7_II0.il _-«J si SEOUL COMP 4*18 C1-SA CHINA B I.I
    61 words
  • Article
    FINANCE
    62 1 ust m US IJ77 S 1.673 108DM Wt MM yw lit is? im MS UM 0464 BM__ l» &XM wivimZZZMnZZ IM .SINGAPORE* KM KUALA LUMm MO JAKARTA 1&00 BANGKOK 112S MANILA 1150 HONGKONG 8.7ft TAIPEI KM 8VBMEY iuft TOKYO KM 8B0UL 117C ZUBClf" 2.875 FRANKFURT— KM LONDON _K* NEW
    62 words
  • Article, Illustration
    Lock icon Dow makes dramatic rally, up 160 points at 1.30pm
    1320 1  -  Hang Seng crashes 13.7% in biggest daily point drop, wiping ant HEs27b in market cap From. Andrew Marks, Loh Hui Yin in Hongkong THE Dow Jones Industrial Average lost 120 points within the first 20 minutes of trading yesterday but that
    Source: Bloomberg  -  1,320 words
  • Article
    STII collapses 123 pts or 7.6%
    374 1  -  Drop is the third largest-ever point loss for the index By R Sivanithy [SINGAPORE] Reeling from the 14 per cent crash in Hongkong and the overnight 7.2 per cent drop on Wall Street, the Straits Times Industrials Index yesterday collapsed 122.87 points its third
    374 words
  • Article
    When Hongkong cracked the Dow
    465 1  -  Whether they are a force for good or evil, hedge funds not central banks rule, says PATRICK DAMXEL PATRICK DANIEL WHO would have imagined that the mighty Dow would be brought down by the mayhem in Hongkong. It sure is a different world. The contagion
    465 words
  • Article
    Citing S'pore aid, Suharto says no need for IMF funds
    835 1  -  He quotes USslob aid but MAS says sum stQl From S N Vasuki, Clarissa Tan in Singapore IN A surprise announcement yesterday, President Suharto said Indonesia only wanted technical, not financial, assistance from the International Monetary Fund (IMF) and suggested
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      Page 1 Advertisements Column 1
      130 1 DfgXDE XSHHI rmffy Win Shell, the largest foreign investor in Singapore, will cut 25% of itsßukom refinery staff. The cutbacks will be done over time, through natural attrition »nrf redeployment, Pjf 5 Buksn ratei, OUB mIMMI Several banks yesterday increased their short-term time deposit rates while Overseas Union Bank went
      130 words
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      Page 1 Advertisements Column 2
      65 1 7 wish that people don't follow the herd instinct. If you're buying (property) for the long term, it's the W right time. You should buy because nobody knows when it is the peak and when it's the lowest. Fulfil >«our^H needs and be able to pay for it" Kwek Leng
      65 words
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      Page 1 Advertisements Column 3
      41 1 Meltdown could see some firms in new hands, Pg 17 Money Matters, Pg 21 Markets In Turmoil: More reports, Pgs 2 3 "2# 'w-'/\ >/ wr *«Ml9w HKi^^^B y-. f nUHmmJ Q^otfJW Available at Goldlion Boutiques and selected fine stores only !M
      41 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon Nikkei drops 4% despite breakers
      469 2  -  Sense of crisis permeates Japan as HE'S market defences give way From Anthony Rowley in Tokyo JAPANESE stocks took a savage beating yesterday in the wake of Monday's collapse on Wall Street, despite the fact that the Tokyo and Osaka exchanges hastily put in place
      Source: Bloomberg  -  469 words
    • Article
      European stock markets take a dive
      457 2  -  But most strategists say farther downside limited to 5-10% From Neil Behrmann in London EUROPEAN stock markets plunged in the wake of the slump on Wall Street and Asia, but most strategists believe that any further downside will be limited to 5 to 10
      457 words
    • Article, Illustration
      Lock icon Aussie . market dives 7%, loses A$27b
      382 2  - Aussie market dives 7%, loses A$27b From Russell Baker in Sydney THE Australian stock market suffered one its largest declines yesterday, plunging more than 7 per cent and losing about As 27 billion (5529.6 billion) in value. The key indicator, the All Ordinaries Index, closed 177.8 points or 7.18 per
      REUTERS  -  382 words
    • Article, Illustration
      Lock icon Asean currencies still shaky despite weaker US$
      366 2  -  By] Larry Wee (SINGAPORE] If the greenback's fall on the back of a weak bourse has made it less desirable, then the stronger European currencies will benefit, analysts said yesterday. But, despite the US dollar's fall against currencies like sterling, the Deutschemark and
      Source: Dow Jones  -  366 words
    • Article
      Taiwan may ban same-day stock trading to ease falls
      431 2  -  The mutatis at its lowest since Jan 94 From Bruce Cheesman in Taipei THE biggest drop in the Taiwan stock market in more than three-and-a-half years has panicked regulators into considering a ban on sameday trading. In following Malaysia's much-maligned move
      431 words
    • Article
      Washington tries to calm Wall Street
      579 3  -  Robin stresses US economy's strength; dinton aides play down exposure to Asia From, Leon Hadar in Washington REACTING to the US stockmarket's plunge and financial upheaval in South-east Asia, Clinton administration officials tried to calm investors by indicating that they were "monitoring" developments and
      579 words
    • Article, Illustration
      Lock icon HK banking counters worst hit
      670 3  -  Earnings seen affected by volatile interbank rates, stock plunge From* Quak Hiang Whai in Hongkong BANKING stocks led by HSBC Holdings bore the brunt of the market assault yesterday with the territory's largest banking group shedding about HK$BO billion (5516.3 billion) or over 16 per
      REUTER  -  670 words
    • Article
      Stocks collapse around South-east Asia
      630 3  -  -by, Al Labita Jakarta: Stocks fell 8.6 per cent yesterday, their biggest oneday drop in a decade as foreign and local investors dumped.", shares in frenetic trading. Sentiment was bearish due to a melt- down in global markets and Moody's decision to downgrade Indonesia's credit
      630 words
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      Page 3 Advertisements Column 1
      190 3 No gold rush on financial disasters, Pg 12 m KIi I V ESTIVIEINT. m m m 1 Whether as an owner or owner-occupier, it's a wise m a to secure a City, H Singapore's Take a Fortune 500 < #«VwV Suntec tff f rffi phase Only y; i.S ¥1 K£9
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      429 4 QusHMANft ...is now WAKEFIELD® IN SINGAPORE y* Cushman Wakefield today announces the launch of an office in Singapore < as part of a strategic expansion plan in Asia. This is part of a strategic plan that will see a further eight offices opened across Asia over the next 18 months.
      429 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Shell to trim 25% of Bukom refinery staff
      414 5  -  Cutbacks to be done over time, through natural attrition and redeployment By Ronnie Lim SHELL, the largest foreign investor here, is trimming by a quarter its 1,000 refinery staff on Pulau Bukom. The cut-back will not be immediate, but done "over time",
      414 words
    • Article
      SingTel cuts calling-card rates for regional calls
      209 5 SINGAPORE Telecom is slashing up to 23 per cent off its normal rates for callers who use the Sing Tel International Calling Card (ICC) and World Card to make calls from eight regional countries back to Singapore. These countries include Thailand, Malaysia, Indonesia
      209 words
    • NEWS Roundup
      • Article
        Speedpost service in Zurich
        73 5 SPEEDPOST will introduce its Next Day Delivery service to Zurich on Nov 1, Singapore Post said yesterday. This brings to 15 the number of destinations for which this service is available. The others are Bangkok, Brunei, Colombo, Hongkong (next morning delivery), Jakarta, Kuala Lumpur, London, Madras,
        73 words
      • Article
        West-bound MRT services delayed
        48 5 WEST-bound MRT services between Eunos and Bugis stations were disrupted yesterday morning for 35 minutes due to a signalling fault encountered by a train. The Singapore MRT apologises to all passengers who were affected by the service delay from 8.03 am to 8.38 am.
        48 words
      • Article
        URA to open 2 new carparks
        78 5 THE Urban Redevelopment Authority will open two new car parks and extend the operating hours of three car parks with effect from Nov 1. The new car parks are at River Valley Rd (off street lot opposite Imperial Hotel) and Hillview Terrace (kerbside parking
        78 words
    • Article, Illustration
      Lock icon Leng Beng bags 2 tourism awards
      323 5 First individual to receive both awards at the same time AFTER winning Businessman of the Year, Kwek Leng Beng has moved on to claim two of Singapore's most prestigious tourism awards at the same time. Last night, he was recognised as this year's Outstanding
      ST  -  323 words
    • Article
      Les Amis, Parco Bugis Junction, Shangri-La win top STPB awards
      296 5 TWELVE years ago, Justin Quek and Ignatius Chan became fast friends at the Oriental Hotel, where one worked as a chef and the other, a wine steward. Both shared a dream of owning and running a finedining French restaurant in
      296 words
    • Article, Illustration
      Lock icon HDB resale price index falls 4% in Q3
      393 6  -  Declining trend since start of this year after six-year climb By] Diana Oon PRICES of resale Housing and Development Board (HDB) flats posted their biggest fall so far in the third quarter of this year, according to data released by the HDB
      Source: HDB  -  393 words
    • Article
      US property consultant comes to S'pore
      234 6 AMERICAN property consultants Cushman Wakefield its Singapore office yesterday, and announced an Aggressive expansion plan into Asian property markets. To comments that it might Jfcot be the best time to expand Into the region, C&W president Arthur Mirante II yesterday said: "The situation represents
      234 words
    • Article
      Hong Leong plans theatre for musicals at Kim Seng centre
      392 6  -  It's also considering a budget hotel above theatre: chairman Hy, Ang Wan May THE Hong Leong group now plans to build a theatre to stage long-running musicals at its King's Centre site along Kim Seng Road, instead of Bugis as
      392 words
    • Article, Illustration
      Lock icon S'pore export growth keeps pace
      313 6  -  OTEOH THE ECONOMY Exports Byi Audrey Tan SINGAPORE'S export growth has kept pace with that of the other tiger economies, despite a decline in relative export prices with the appreciation of the Sing dollar, a study by Daiwa Institute of Re- search dated Oct 17,
      Source: Daiwa  -  313 words
    • Article
      Lock icon 2 people get Aids from blood transfusion
      360 6 The Straits Times TWO people who had blood transfusions in hospital have been infected with the Human Immunodeficiency Virus (HIV) which causes Aids, because the blood they received was tainted. The patients are receiving medical treatment and, together with their families, are being
      The Straits Times  -  360 words
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      246 6 Hong Leong not actively buying properties, Pg 17 F '.IMAGE which reflects r I IffZCC Entrance lift lobbies finished with The conducive ambience with the polished granite. Covered drop- Ijl j I!! TJ practicality of off at entry for tenants and jj JBT Flexibility of space to any id 310
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  • SOUTH-EAST ASIA
    • Article, Illustration
      Thailand will stick to IMF terms: finance minister
      490 7  -  BANGKOK In move to reassure market, he rejects deputy's proposal to relax reserve ratio Reports by Harish Mehta STEPPING in to defuse a storm of criticism, Thailand's new finance minister rejected a controversial proposal made by his deputy to relax tough capital
      490 words
    • Article
      Govt sets 100m baht to start reform
      255 7 Top officials named to ran Financial Restructuring Agency THAILAND'S new cabinet, meeting for the first time, yesterday approved a 100 million baht (Ss4 million) budget to start up the Financial Restructuring Agency (FRA), and appointed top officials to run the body responsible for
      255 words
    • Article, Illustration
      Lock icon Apec sets guidelines for early trade liberalisation
      255 7 SINGAPORE AFP APEC senior officials wound up talks here yesterday by adopting a set of guidelines to identify priority sectors for early trade liberalisation at the group's summit in Vancouver next month. The guidelines will be submitted to Asia-Pacific Economic Cooperation (Apec) trade
      AFP  -  255 words
    • Article, Illustration
      Lock icon KL denies trying to divert goods from S'pore
      266 8 KUALA LUMPUR Reuters MALAYSIA denied it was trying to divert local exporters from using Singapore as a port of exit by imposing strict customs regulations. Deputy Prime Minister Anwar Ibrahim said yesterday. "Not true. We have to explain that there are many
      Reuters; FILE PHOTO  -  266 words
    • Article
      Lock icon Group plans Viet industrial zone
      114 8 HANOI Reuters A CONSORTIUM of firms from Belgium, Thailand and the United States yesterday announced plans for involvement in the first stage of a US$6OO million (*****.6 million) joint-venture industrial zone in northern Vietnam. An executive with the group said the three firms, American International
      Reuters  -  114 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      47 7 Pq (rpPrn if QoioT I\J 1 1! BUSINESS Tpy COLOR I 1 i Printers 4\\ Wmm i>wlV /y/\ 20 p 11 \nnr\Art 1 H NETWORKING I JUL/UUI I /Sg/ I |j j r 2 All Your I WORKGROUP r Printing I f SOHO V^/ si Needs J|„
      47 words
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      Page 7 Advertisements Column 2
      133 7 a Creating j an impact i in the heart x of Asia- fr--weekly coverage of the world's major events in politics, business and culture: from a Chinese perspective, for the Chinese decision makers in Asia. ™mnn .mmnMnann For more please our department the Hong Kong head +852 5483 +852 2595
      133 words
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      66 8 GINGA Is Newly-Renovated And Features A New A-La-Carte Menu Still Serves An Old Favourite ?*"£,»<» At Aw Old Price SUSHI TEPPANYAKI' \L W Is Back! XV MENU /■st Servings) m Havelock Road J? i *p^^ i ri k=3K^ ijj^- J »fc —19 §)IAJ ifil Electro-Systems SSB"" ~T ES raarw ttffTr
      66 words
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      Page 8 Advertisements Column 2
      26 8 1 No 1 OFFSHORE COMPANY SPECIALISTS BAHAMAS JERSEY BRITISH VIRGIN ISLANDS MAURITIUS CAYMAN ISLANDS SEYCHELLES IRELAND WESTERN SAMOA Tel (65)*****82 Fax (65) *****91 OFFSHORE WITH CONFIDENCE
      26 words
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  • CHINA-HONGKONG-TAIWAN
    • Article
      Lock icon Taiwan to speed up infrastructure building
      455 9 TAIPEI Budgets NTs3l4b in F797/98; sector open to private, public participation Reuters TAIWAN, aiming to become a hub for Asia-Pacific business in 2000, is pledging to accelerate its infrastructure development and says it welcomes foreign and private participation. "Developing Taiwan into an Asia-Pacific operation
      Reuters  -  455 words
    • Article
      Lock icon Pact to resume US N-technology sales to China expected soon
      250 9 BEIJING Bnt Chinese official keeps mom on new developments in talks AFP CHINA'S foreign ministry yesterday gave strong indications that an agreement to resume US nuclear-technology sales to China is on the verge of being signed. Asked whether whether there
      AFP  -  250 words
    • Article, Illustration
      Lock icon Taming the Yellow River
      82 9 [XIAOLANGDI, Henan] Local villagers joining thousands of workers here in China's Henan province as trucks laden with boulders move in to block the flow of China's Yellow River yesterday after Chinese Premier Li Peng officiated at the river diversion ceremony. The US$4.l7 billion (556.6 billion) Xiaolangdi
      AFP  -  82 words
    • Article
      Lock icon Business licences for ex-state workers
      97 9 U BEIJING AFP CHINA'S industry and commerce department has given laid off state-enterprise workers top priority in applications for private business licences, the official Xinhua news agency said yesterday. In a recent document, the State Administration for Industry and Commerce urged all its subsidiaries to
      AFP  -  97 words
    • Article
      Lock icon China defends its human rights record
      267 9 BEIJING AFP CHINA yesterday defended its human rights record and said it had thwarted seven US and Western-led "plots" to condemn its policies before the United Nations. China's ambassador to the United Nations Qin Huasun on Monday signed the Interna tional Covenant on Economic,
      AFP  -  267 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      445 9 Officials hopeful Sino-US summit will boost ties, Pg 12 at j ril *****1 17y3 tmummauam drinker, you now hove a better chance of seeing; stars when you golf. Golf stars, that is. Drink Johnnie Walker and you can win o j Asia's most prestigious golfing event, at th*.-' Blue Canyon
      445 words
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  • ASIA
    • Article
      Lock icon Payoffs case: Four Daiwa execs held
      152 10 TOKYO AFP JAPAN'S finance ministry said yesterday it would suspend Daiwa Securities Co Ltd immediately from underwriting government bonds after four of its executives were arrested in a gangster scandal. The suspension would last "until administrative action has been taken", said a finance ministry
      AFP  -  152 words
    • Article, Illustration
      Lock icon Japan's economic slide may force pump priming
      429 10 TOKYO Bond investors unsure how long govt can stay committed to tight fiscal policies Bloomberg JAPAN'S economic outlook is so grim that the government might have to abandon its def-icit-cutting programme and start spending money or cutting taxes to stimulate growth, bond investors
      Bloomberg  -  429 words
    • Article
      Lock icon S Korea to ease fund management fee structure
      201 10 SEOUL Reuters SOUTH Korea will liberalise fund management fees as part of an effort to prop up the country's struggling investment trust companies. The finance ministry yesterday said management fees charged on mutual funds would be partly liberalised from Nov 1. Remaining
      Reuters  -  201 words
    • Article
      Lock icon Moody's downgrades Seoul foreign debt
      326 10 SEOUL Three major S Kcreea buks«n review for possible downgrade AFP MOODY'S Investors' Service said yesterday it had downgraded South Korea's foreign currency debt ratings and was reviewing the ratings of three major South Korean banks for possible downgrade. It cited weakened credit fundamentals, a
      AFP  -  326 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      828 10 I f AURIC PACIFIC group limited J [11 I Tfl V|] Vil I 11 fti ji j Notice is hereby given that the Tenth Annual General Meeting of Auric Pacific Croup Limited wrll be hekJ at The Executive*' CKib, 65 Chulia Street, 33rd Floor, OCBC Centre, Singapore *****3 on Friday,
      828 words
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      Page 10 Advertisements Column 2
      249 10 -i n r I i i No Other Airline Unites The States Better From Singapore. .jjjj V I m *.Northwest ;j 5 -j,' diract to C*t«ways A cities from Co.it i n^'m. «*3 urn 'O 4 4Mb rw* t ta«M MUrQr j V* V nnwr N-Ali®.. jL*i <m Nenc*x>; 1
      249 words
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      Page 11 Advertisements Column 1
      525 11 i uni im pi^i'mi 11■■ Ian i l J M -i 11 I i. JJiIL iummmmmr J i [fl k '""y 11 u BE 'j, liriftT/g- I "aSF aigi a SK5i»?A/l •7®. R rwigvidzud w) i vidunia i Ttr*' ii '-TM i imldrfc j t-M& ssiSgPi it w3i L WW
      525 words
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  • REGION/WORLD
    • Article, Illustration
      Lock icon Officials hopeful Sino-US summit will boost ties
      414 12  -  WASHINGTON No major results expected from meeting between Clinton and Jiang By. Leon Hadar CHINESE President Jiang Zemin will hold a historic summit with US President Bill Clinton today, but the meeting is not expected to produce any major diplomatic results except an
      AFP  -  414 words
    • Article
      Lock icon China, US in deals worth US$4b
      131 12 BEIJING AFP A CHINESE trade delegation reached agreement on contracts worth U554.26 billion (556.7 billion) during a visit to the US earlier this month, Xinhua news agency said yesterday. Deals include the purchase of some 50 aircraft from Boeing worth US$2.5 billion and 700,000
      AFP  -  131 words
    • Article
      UK bodies, investors big sellers of Asian stocks in Sept
      319 12  -  LONDON £353 m outflow from funds focusing on E Asia, excluding Japan By\ Neil Behrmann BRITISH institutions and investors were extensive sellers of Asian equities during September, according to the UK Association of Unit Trusts, the local mutual fund industry.
      319 words
    • Article
      Asian bail-out fund is 'moral hazard': US
      316 12  -  M SINGAPORE By: Lu Ning The US has given the cold shoulder to a proposed Asian stabilisation fund to help Asian economies badly hit by the financial turmoil, likening it to a "moral hazard". "You are going to create a fund which in
      316 words
    • Article
      Financial disasters no longer start a gold rush
      391 12  -  SINGAPORE Flight to sanctuary now takes investors into blue-chip bonds By] Louis Beckerling TIME was, investors bought gold when they wanted to take out insurance against financial disaster. Today the flight to sanctuary takes them into blue-chip bonds. Yesterday, while Hongkong share
      391 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      105 12 Unlimited Servings Lunch Dinner. Also try our new A-La-Carte Menu exciting Dim Sum Menu. i;\ ;k tHMi. At OIK' JXU I I nli 111 ited Servings I until Unlimited Servings Dinner '-'p.! s h>\ w ;<'*•' ■i)'- 1\ 'v r: i A v uffci >t' sin v, Dim Sum Menu
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      Page 12 Advertisements Column 2
      8 12 All eyes on the Sino-US summit, Pg 13
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      Page 12 Advertisements Column 3
      233 12 VL could a Brit teach the French about fashion? Not long after settling in Pari?, pledgers, rW tm B an eccentric English flf 9 gentleman, felt compelled I to take pitq on his new {—rench friend?. Out walking in the J dn x fclqsee one daq, he couldnt kelp tut
      233 words
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  • EDITORIAL & OPINION
    • Article, Illustration
      EU feels smug about Asian markets turmoil
      788 13  -  THE BOTTOM LUTE OPINION By Shada Islam The writer is a Brussels-based journalist who contributes to BT EU forecasters predict economic growth in the European Union will be around 2.6 per cent this year and 3 per cent in 1998. The emerging strength
      788 words
    • Article
      IN OTHER WORDS
      116 13 I'm just holding tight here. I've been in it long enough not to panic. The economy's doing well and the companies are doing well, so I just have the faith.' Esther Curtis a US investor as Wall Street crashed. I sometimes dream that there is a revolution
      116 words
    • Article
      All eyes on the Sino-US summit
      604 13 EDITORIAL THE financial crisis in South-east Asia and the contagion that has now struck Wall Street should be on the minds of US President Bill Clinton and Chinese President Jiang Zemin during their historic Washington summit today. If the continuing turmoil and its devastating
      604 words
    • Article, Illustration
      Lock icon Jakarta's bankruptcy laws in for early test
      858 13  -  Corpor&te collapses caused by rnpiah crisis will reveal if new legal framework works in practice By Benny Tabalujan The writer is a senior lecturer in Business Law at the Nanyang Business School and author of Indonesian Company Law: A Translation and Commentary, recently
      FILE PHOTO  -  858 words
    • Article
      Business hit by high costs
      297 13  -  —AIIMVW Aileen Tan Singapore via Internet A COUPLE of months ago, the HDB announced a rental hike "to reflect actual value", and I presumed it would proceed as planned without taking into consideration the present regional market turmoil. HDB, JTC and Pidemco own a substantial
      297 words
    • Article
      WHAT THE OTHERS SAY
      552 13 Dew's fall ta perspective THERE are three salient facts to keep in mind before sizing up Monday's scary 554point drop of the Dow Jones industrial stock average. Its drop of 7 per cent was much smaller than the 22 per cent, 508-point drop on Oct 19,1987.
      552 words
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  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      26 13 DOOHESBURY By Garry Trudeau mu.woK mmmisuAY, I MIHOSe tOWSHIP.THB f/rSnimßp} MILDIW&I ROYAL FAMILY IY»: LYi SURROUNP&7BY7H& lA4A4EP- fUnKMON£S ON YOUR I M9M&S* IWBUMBB&mr? 5 2gg2£, J
      26 words
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  • EXECUTIVE LIFESTYLE
    • Article, Illustration
      Web call for tale spinners
      418 14  -  Action Theatre's launching contest in cyberspace for 10-minute plays, says toh ham sbxb TOH HAN SHIH IN a meeting of cyberspace with the theatre arena, local drama group Action Theatre will launch on the Internet its 10-minute play contest at midnight on Saturday at the
      418 words
    • Article
      Lock icon Lifestyles of the envious and not-so-famous
      481 14  -  PEOPLE Measuring your own success against friends'is a guilty middle-age pleasure By Gerald Naohman NYT A WOMAN I worked with in the mid-1960s and knew long before she became famous writer-movie director Nora Ephron was profiled on Biography. It was a pretty good programme,
      NYT  -  481 words
    • Article
      Lock icon Americans find shopping better than sex: survey
      413 14  -  HEALTH But they'd rather make iove than be US president for a day By) Martin Langfield Reuters [MIAMI] Sex beats riding the space shuttle or being president for a day, but half of all Americans would rather go on a free shopping spree,
      Reuters  -  413 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      563 15 P., i« (fat* x it Suit) ChtiNM this •••ktiJ. 7 TTZTZZTiZ HIT,, Offers up to 551,000,000 FREE MjSSj -ESsS Where to wine, dine and entertain... Personal Accident Insurance woridwi(k £B;m 1 ggg^gs===a^- Hungiy? I Seafood'fresh I from "the Net... I 1 or advertisement details on Wine, Dine and Entertain, please
      563 words
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      Page 15 Advertisements Column 2
      173 15 J i i N if ee-food" §9 ra nukrs a aprctack of 5, itself, as the wldeot >/ <S seafood appetiser buffet unfolds before Singapore's Highest Revolving Restaurant. Feast on exciting seafood creations prepared with only the freahesi seafood and bountiful vegetables. Join us for the peak of good taste
      173 words
  • Page 15 Miscellaneous
    • Miscellaneous
      Page 15 Miscellaneous Column 1
      768 15 TV&RAPIO Direct Hit. magan (Tamil Movie 12 j2O AM Strange But True. EngSubts). —^TT atO PM TV Innovations. 4JO I Dream Of Jeannie. 4.35 Deepavali Eve Moviethon 2.30 The Winners. 5.00 TV Innovations. Special 111 Bhaasha. Tjh 3.00 Money, Money. Money. 7.00 AM Close. V 3.30 Tech 2000. CSmuuml 8
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    • Miscellaneous
      Page 15 Miscellaneous Column 2
      158 15 CRYPTIC CROSSWORD j 27 Go DOWN light (7) YESTERDAY'S SOLUTION 1 Gratified by having caught a 14 Greek seaman displaying dry p lals|t|aßmla|n|f|r|ild|alyL trout (7) humour (5,4) (oMHMN'MhMifuMOMEU il 2 A king and queen on an island 16 Dread having to make an ar- s[mE[uT|ElßMßlE|slp| l lliH off Scotland (5)
      158 words
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  • WIRED FOR BUSINESS
    • Article, Illustration
      Lock icon Internet crime on the rise
      605 16  -  But experts believe that new technology will safeguard Net commerce, says baju ohtit.i.am RAJU CHELLAM X S THE World I*Wide Web gets white-collar crooks smarter. that's seems to be the ■HH prognosis abeni the future from today's technological standpoint. According to a progression analysis made
      Source: IDC I1997  -  605 words
    • Article, Illustration
      Shopping for profits on the World Wide Web
      655 16  -  Internet commerce is risky business, but if properly managed, offers a good payback By s Toh Han Shih [SINGAPORE] Lam Wei Ying, managing director of Brel Software, is realistic and down-to-earth but also optimistic about doing business oyer the Internet. ,i At
      655 words
    • BOOK marks
      • Article, Illustration
        Stock prices from SES
        86 16 WITH the tumbling stock prices, interest on the stock markets is unusually high recently. So it is timely that the Stock Exchange of Singapore (SES) introduced its "Live Stock Quotes" pages at http*7/www.Bes.com.sg/livestock/framestock.htmL It comes complete with trading details of each counter, including current prices, volume,
        86 words
      • Article
        Top-up stops on Shell's Web page
        104 16 IN July, Shell Singapore moved its offices from the heart of the city to its new premises at Shell House in Clemenceau Avenue. Shell put all the new information about its new premises on its website: http://www.shell.com.sg/shspsmap.htm. It contains detailed descriptions of how Shell
        104 words
      • Article
        Check out virtual Jurong Island
        84 16 TO keep Singapore's petrochemical Industry competitive, there is a multi-billion dollar plan to merge Singapore's islands, including Pulau Merlimau, Pulau Ayer Chawan, Pulau Seraya, Pulau Ayer Merbau and others to form Jurong Island, which will house the nation's major petrochemical plants. If your business is
        84 words
      • Article
        Property data on the Net
        118 16 BUYING or selling property? Check out the property market first then goto: http://www.asial.conLsg/sisv/. Find out what others are paying for the property that you are interested in. REALink on the Web allows users to search through its "sales and caveats" databases for information on property
        118 words
      • Article
        Dining out?
        69 16 AFTER a long day at work, perhaps you would like to dine at the top of the world's tallest hotel? Check out That'* the website of the Compass Rose. Take a took at the menu—would you fancy sauteed Burgundy snails, or lobster bisque, or black mussels and clams,
        69 words
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      Page 16 Advertisements Column 1
      181 16 the "how do we make every customer feel like As your business grows, don't you find it's difficult to give the that provide value for businesses on both intranets and same level of service to each and every customer Internet. A One transport company realised this. Callers to customer Every
      181 words
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  • COMPANIES & MARKETS
    • Article
      Banks raise fixed deposit rates as OUB makes all-turn
      624 17  -  Sharply higher rates will settle once regional crisis abates, say analysts By\ Siow Li Sen, Clarissa Tan [SINGAPORE] As expected, several banks yesterday upped their short-term time deposit rates while Overseas Union Bank (OUB) went the other way after raising its
      624 words
    • Article, Illustration
      JIT pushes ahead with IPO at 88c a share
      416 17  -  57m shares being offered by contract manufacturer By Jennifer Lien [SINGAPORE] Contract manufacturer JIT Holdings yesterday went ahead with its initial public offering (IPO) of 57 million shares at 88 cents each, despite a mass plunge in the larger market. "You
      416 words
    • Article
      Lock icon STIC unit opens $42m logistics centre
      210 17 Reuters [SINGAPORE] Singapore Technologies Logistics (ST Logistics), a unit of listed Singapore Technologies Industrial Corp, officially opened a $42 million logistics centre yesterday. ST Logistics, in collaboration with express delivery firm DHL, also officially opened an express logistics centre (ELC) which operates out of
      Reuters  -  210 words
    • Article
      Meltdown could see some listed firms in new hands
      689 17  -  HOCK LOCK SIEW Lee Han Shih ALMOST 10 years to the day of the last Great Crash, the world is going through another round of equity and currency meltdown. When the dust settles, a number of listed Singapore companies could find
      689 words
    • Article
      Hong Leong not actively buying properties in region
      415 17  -  Prices not right yet and currency woes pose risks: chairman By. Ang Wan May [SINGAPORE] Hong Leong group chairman Kwek Leng Beng will not be actively acquiring properties in the region as "prices are not right yet" and currency problems pose an
      415 words
    • Article
      Hup Seng Huat net drops 48%
      196 17 [SINGAPORE] Hup Seng Huat yesterday posted a 47.7 per cent plunge in net profit to $2.9 million for the year ended July 31.1997. The hardware dealer also proposed a l-for-5 bonus issue to expand its capital base. Group turnover rose 13.9 per cent to
      196 words
    • REGIONAL COMPANIES
      • Article, Illustration
        Lock icon Hopewell springs shock loss after Thai provision
        452 18 Red ink of HK$L69b against HKs4b expected profit; shares fall 4% Bloomberg [HONGKONG] Hopewell Holdings said it swung to a net loss of HKSI.69 billion (*****.4 million), or 39 HK cents per share, in the year ended June, from a profit of HK5769.2
        Bloomberg; FILE PHOTO  -  452 words
      • Article, Illustration
        Lock icon BHP rebounds on talk of breakup bid as market plunges
        521 18 Firm's shares fall 11% but recovers to dose just 0.0% down Bloomberg [SYDNEY] Shares in Broken Hill Proprietary Co Ltd, Australia's largest resources company, rebounded strongly from a four-year low yesterday amid continuing speculation of a breakup bid. The shares
        Bloomberg  -  521 words
      • Article
        Lock icon Swire Pacific borrows from Cathay Pacific
        136 18 Bloomberg [HONGKONG] Cathay Pacific Airways said yesterday it loaned HKS7O million (5514.3 million) to Swire Pacific Ltd Finance, a subsidiary of its largest shareholder, Swire Pacific, which invests in aviation, property and bottling. The loan, made the previous Monday and repaid on Monday was
        Bloomberg  -  136 words
      • Article
        Lock icon Cosco Int'l to issue 133m new shares to parent
        170 18 Reuters [HONGKONG] Cosco International Holdings said yesterday that it would issue 132.55 million new shares to parent Cosco (Hongkong) Group at HK$3.BB each. Cosco (HK) would place 48.38 million existing Cosco International shares, representing 5 per cent of the company's existing
        Reuters  -  170 words
      • COMPANY Briefs
        • Article
          Deferred payment for Keppel Land condo
          95 18 [SINGAPORE] Keppel Land has joined the progress payment bandwagon which started rolling with the Casafina condo project. It said yesterday it has received government approval to sell units in its Mayfedr project in Jurong East offering the finance package. Buyers only need to pay
          95 words
        • Article
          Intraco bags $81m contract
          45 18 [SINGAPORE] Intraco has been awarded a $81 million contract by PowerGrld Ltd, a wholly-owned subsidiary of Singapore Power, to supply and install power cables and accessories. The project consists of two cable routes totalling 14 km. Work will start next year.
          45 words
        • Article
          Kian Ann buys into M'sia firm
          59 18 [SINGAPORE] Kian Ann Engineering has acquired 200,000 shares in the capital of Truck it Tractor Engineering Sdn Bhd (Truck Tractor) —which trades in heavy equipment spare parts—for 670,000 Malaysian rlngglt (S$310,100). The purchase represents 33 per cent of the issued share capital of Truck
          59 words
        • Article
          Flextech rights 99% accepted
          60 18 [SINGAPORE] Flextech Holdings' loan stock cum warrant rights issue to raise $21.5 million has received acceptances for 96.84 per cent of the total amount. All valid acceptances and excess applications accounting for 94.42 and 4.42 per cent of the issue respectively will be satisfied in full.
          60 words
        • Article
          Meiban sets up unit in Pudong
          50 18 [SINGAPORE] Meiban Plastic will set up a subsidiary with paid-up capital of US$2.l million to do plastic injection moulding in Pudong, China. The investment is not expected to affect net tangible assets per share or the net earnings per share in the immediate future.
          50 words
        • Article
          Lock icon Gajah Tunggal,Dow in US$2b tie-up
          76 18 Bloomberg [JAKARTA] Gajah Tunggal Group, which has interests in petrochemicals and tyre production, plans to build a US$2 billion (Ss3.l billion) petrochemical plant In Indonesia with Dow Chemical of the US, Bisnis Indonesia said, quoting unnamed sources at the State Investment Agency. Both companies will
          Bloomberg  -  76 words
        • Article
          Lock icon Barito pulp mill progress on track
          82 18 Reuters [JAKARTA] PT Barlto Pacific Timber yesterday said a 450,000-tonne pulp mill is on target to start operations by end-1999. "Work at the site has been escalating since signing of the financing package in March this year," said Jansen Wiraatmaja, president director of PT
          Reuters  -  82 words
    • INTERNATIONAL COMPANIES
      • Article
        Lock icon British, Dutch probe fraud in London share deals
        478 20 Alleged fraud, insider trading, laundering case puts Dutch brokerage under a cloud FT ILONDON] British and Dutch investigators are trying to establish if a case of alleged fraud, insider trading and money laundering involved illegal deals on the London Stock Exchange. Swiss
        FT  -  478 words
      • Article
        Lock icon HSBC Americas net income up 19% to US$120m in 3rd qtr
        281 20 HSBCs US unit gets boost from rising non-lending income Bloomberg [LONDON] HSBC Americas Inc, the US subsidiary of Lon-don-based HSBC Holdings pic, said third-quarter net income rose 19 per cent due to rising income, especially in businesses other than
        Bloomberg  -  281 words
      • Article, Illustration
        Lock icon Matsushita net up 24% on weak yen, strong exports
        299 20 Bloomberg [OSAKA] Matsushita Electric Industrial Co said first-half net profit rose 24 per cent thanks to growth in exports of digital video cameras, mobile telephones and fax machines. Matsushita, the world's largest maker of home electronics products, said parent half-year net
        Bloomberg; Source: Bloomberg  -  299 words
      • Article
        Lock icon Microsoft countersues Sun over Java
        380 20 Reuters (SEATTLE] Microsoft Corp on Monday raised the stakes in its bitter Java licensing dis pute with rival Sun Microsystems Inc. denying the computer maker's allegations and filing a countersuit in court. Microsoft's lawsuit filed in US District Court in San Jose, California, charges it
        Reuters  -  380 words
      • Article
        Lock icon Toshiba, Fujitsu cut targets for PC sales
        275 20 Bloomberg [TOKYO] Toshiba Corp and* Fujitsu Ltd said they have lowered targets for global sales and shipments of personal computers for the year through March 1998 in response to a drop in demand for PCs. Toshiba said it reduced its PC sales target
        Bloomberg  -  275 words
    • FOCUS: MONEY MATTERS
      • Article, Illustration
        Lock icon A week some would want to forget
        1076 21  -  With Dow tumbling, analysts suggest going into Europe govt securities By, Larry Wee [SINGAPORE] UP to last week, many Singaporean readers could have claimed to be luckier than others in the region. That changed last week, and got worse yesterday, after the Dow
        Compiled by BT; Source: Deutsche Morgan Grenfell  -  1,076 words
      • Article
        Be extra careful with credit
        508 21  -  In times like this, admission is free, you pay to |et oat By Larry Wee [SINGAPORE] For corporate readers, credit risk has become much more than a matter for the accountant over the last four months. Top management must now be extra-vigilant on two broad
        508 words
      • Article
        Whither the Chinese yuan?
        398 21 ANALYSIS AS FIRST the Asean currencies, then North Asian ones tumble, talk abounds that China may have to make a shift in its exchange rate arrangement. We disagree. Our calculations of the yuan's trade-weighted value suggest that it has appreciated about 10 per cent in the
        398 words
      • Article
        Lock icon THE WEAK AHEAD
        331 21  -  Compiled by Larry Wee Deutsche Morgan Grenfell (DMG), Independent Economic Analysis (IDEA), and JP Morgan (JPM). United States Today: Was it "irrational exuberance" after all? In the light of the Dow's sharp falls since Thursday, whatever Federal Reserve Chairman Alan Greenspan will say this evening to the
        Deutsche Morgan Grenfell (DMG), Independent Economic Analysis (IDEA), and JP Morgan (JPM).  -  331 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Banks' foreign exchange revenues continue to soar
        495 22 Bankers say growth due mainly to return of volatility to currency markets FT [LONDON] The foreign exchange industry continued its strong recovery in the third quarter of 1997, as several US banks reported currencies revenues more than doubling compared with the same period
        FT  -  495 words
      • Article
        Lock icon KPMG says it will be charged by SEC
        267 22 Bloomberg [WASHINGTON] KPMG Peat Marwick said on Monday it will be charged by the Securities and Exchange Commission with failing to ensure its independence from Porta Systems Inc when auditing the company in 1995. KPMG said it will contest the charges that
        Bloomberg  -  267 words
      • Article
        Lock icon Year 2000 bug may block Aussie bank mergers
        305 22 Reuters [SYDNE] The Reserve Bank of Australia said yesterday that any Australian bank considering a merger would have to look closely at problems of combining their two computer systems while dealing with the MUlennium Bug. RBA deputy governor Graeme Thompson, who is
        Reuters  -  305 words
      • Article
        Lock icon Euro$ extends rally as stocks sink
        241 22 SZUEZReport Reuters (SINGAPORE! Wall Street's shock overnight drop fuelled hefty gains on Simex Eurodollar futures yesterday as investors piled into credit instruments with signs pointing to an extended sell-off on global equity markets. "This is a good, healthy correction. Technically, compared to world equities,
        Reuters  -  241 words
      • Article
        October contract finishes well off lows
        157 22  -  MSCI TAIWAN FUTURES Perry Gilbert Perry Gilbert, vice-president, Refco Singapore Pte Ltd. [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract dropped to its maximum 12 per cent limit at 280.2 in the first 15 minutes of trading yesterday. At the close, the contract
        157 words
      • Article
        Lock icon Cold weather warms oil investors
        236 22 ENERGY REPORT Bloomberg [LONDON] As investors catch a chill from falling stock prices, colder weather and Iraqi sabre-rattling are insulating crude oU investors. The US, the world's largest energy consumer, is getting colder, boosting demand for oU there at a time when stockpUes are low.
        Bloomberg  -  236 words
      • Article
        Lock icon CURRENCY REPORT
        275 22 Reuters, AFP I THE US dollar rode the Dow Jones rollercoaster yesterday, diving as Wall Street opened sharply lower, then rebounding as stocks recovered. But the currency remained severely bruised after a choppy European session which saw it slide to five-month lows against the Swiss franc and its
        Reuters,; AFP  -  275 words
      • Article, Illustration
        Untitled
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        1,161 words
    • Article
      COMMODITY PRICES
      1486 23 QOOM rOTOKBS Oct 28 IWKi (Wew de*i W H S J0p« BttCOWMCmMM Claaa Mm Opaa HmM law mi (|mm» Maraat NMfr >34.00 50 tec f? 137.00 04.75 135.50 750 950 Jmn 137.50 1710 r«0M 140.50 W70 Mar 9f M3J0 070 Apr/Jan 98 149.50 149.50 149.50 7S ***** *1/5*90
      1,486 words
    • Article
      WORLD STOCK MARKETS
      1855 23 wQK/K/A* f POM 31 Croup 482 -H AB Ports 26*400 -12 AtMy National 910 -29 Allied Domecq 900 unci) Amec 144 3.400 As4s Group »3 3 •ATM 523 -T7 BGPIe 253 -7 HCC 1*2 -6.400 BOC Group 1000 -38 M Petroleum 845 -23 8TR 212 2 Banket
      1,855 words
    • Article
      Lock icon TOKYO
      1640 23 Bloomberg □ffikkriZS -72M7 JAPAN'S benchmark stock index yesterday fell to its lowest level since July 1995. Bank of Tokyo-Mitsubishi and Canon paced the fall. "It's a global downward spiral and no government is economically powerful enough to stop it," said Shinji Ide, general manager at Yamaichi Investment Trust Management.
      Bloomberg  -  1,640 words
    • Article, Illustration
      Lock icon HONGKONG
      1606 24 Reuters □HmgSeng -1,43&31 STOCKS crashed to their lowest level in 26 months yesterday, with the Hang Seng Index ending on its biggest point loss and looking vulnerable to a further downdraft. The Hang Seng Index plunged 1,438.31 points, or 13.70 per cent, to close at 9,059.89 after falling to
      Reuters  -  1,606 words
    • Article, Illustration
      Lock icon CHINA
      619 24 Reuters n Shenzhen B Index 4IM SHENZHEN'S B share index fell sharply yesterday as crushing losses in the Hongkong market dealt a heavy blow to investor confidence, brokers said. The hard currency B Share Index slumped 8.54 points, or 7.22 per cent, to its closing year low of 109.74
      Reuters; Source: Credit Lyonnsis Securities(Asia) Ltd  -  619 words
    • Article
      Lock icon TAIPEI
      391 24 AFP QWPlnfcx -***** SHARE prices closed 5.9 per cent lower yesterday. "It's a vicious cycle," said an analyst. "All the governments should come out to intervene to stop the global stock disaster." The Weighted Prices Index dived 452.52 points to 7,210.01. Finance Minister Paul Chiu said the government would
      AFP  -  391 words
    • Article
      Lock icon WELLINGTON
      275 24 AFP Q Wellington -307.74 SHARES closed down 12.5 per cent yesterday in a freefall following the biggest percentage fall on Wall Street in a decade. The key NZSE-40 Capital Index ended down 307.74 points to 2,162.01 on a turnover of NZ$9l.2 million. Market leader Telecom Corp lost NZ$l.O3 to
      AFP  -  275 words
    • Article, Illustration
      Lock icon BANGKOK
      851 24 AFP □set Index -3021 SHARES plunged by 6.2 per cent to a four-month low yesterday. "Investors thought things couldn't get worse on the Thai market, but the world stocks crisis has proved them wrong and now the few foreign players that are left are desperate to get out," a
      AFP  -  851 words
    • Article
      Lock icon SEOUL
      425 24 AFP ClOwnposita Index -36J> SHARE prices nosedived 6.6 per cent across the board in panic selling on the Korea Stock Exchange yesterday. The Composite Index closed down 35.19 points at 495.28, off a low of 492.30, the largest-ever single-day points drop in the index and the first time it
      AFP  -  425 words
    • Article
      Lock icon SYDNEY
      609 24 AFP QAnOrdmuiei -1773 SHARE prices fell 7.2 per cent yesterday in their worst tumble since the crash of 1967. The All Ordinaries Index fell 177.8 points to 2,299.2 despite an afternoon rally, taking to more than 17 per cent the losses since its all-time peak in September. Bellwether BHP
      AFP  -  609 words
    • Article, Illustration
      Lock icon JAKARTA
      698 24 AFP POonuwateliidg -42J2 SHARE prices fell 8.6 per cent to their lowest level in nearly two years on weakness in global markets, with foreigners leading the sell-off, dealers said. A dealer said the cyclical nature of the world stockmarket decline was "eerie", referring to the 1987 October crash. "I
      AFP  -  698 words
    • Article
      Lock icon MANILA
      300 24 AFP □jufc -U7J6 SHARP prices fell 6.3 per cent to a new four-year low yesterday. The PSE Composite Index lost 117:16 points to close at 1,740.18. Volume rose to 1.377 billion shares worth 1.757 billion pesos from 733 million shares valued at 1.556 billion pesos on Monday, Philippine Long
      AFP  -  300 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8801 25 ■NAmu Com—wr preAxti 1997 Last Vol Day Net Cap High taw Cempeny *a*« OOP High Law P/t >mtl 790 354 A»nomoto 354 31 9 360 354 19.6 143.5 448 214 Angkese 216 -17 48 224 214 8.4 318.5 90S 170 Apodo Food Hlg 480 20 33 484 420 M.O 192.0
        8,801 words
      • Article, Illustration
        Lock icon KLCI hits lowest level since March '93
        299 25 Bloomberg pi Composite Index -4<LO7 MALAYSIA'S benchmark index slumped 6.6 per cent to its lowest level in more than four years. Large stocks such as Telekom Malaysia and bank shares such as Malayan Banking Bhd led the slide. "Our fall is not so
        Bloomberg  -  299 words
      • Article
        Untitled
        220 25 U» Dtmri UwO C «m»' era 2 M 0 tnd pro 0 90 1 Conttructton 0 27 0 Tr«4b>g/9vc 1 TO 1 Mrattru 0 4 0 rmanc* 2 63 1 MOW 0 S 0 Property 0 43 4 Plant (Hon 0 M Mining 0*0 Trw» 0 4 0 LMn 1
        220 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
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        3,525 words
      • Article
        Puzzling rise in Liang Court wrt
        187 26  -  WARRANT WATCH -By] R Sivanithy STRANGE things happen in a crashing market, one of which was a rise yesterday in Liang Court's 2000 warrant at the same time as the underlying shares dropped 15 per cent. A look at the numbers reveals few answers;
        187 words
    • Article
      CLOB INTERNATIONAL
      2423 26 MALAYSIAN STOCKS Or Gr •997 Last V« Day Last Quota Otv Mv YW Nat M Cap Mtgn Low Stno Company Salt OOO) High Low Buyar Sator C"vr P/t $m« 478 130 mi 5000 AISBSOt 131 cd 92 135 130 130 131 53 3.3 0.9 49.6 134.4 137 355
      2,423 words
    • STOCK EXCHANGE OF SINGAPORE
      • Article
        Untitled
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        1,418 words
      • Article
        Untitled
        228 28 Stocks VolMM HK Land USWc 30.791.000 IPC Corpn 5c 12,240.000 DBS Land 9,589.000 •RHB Cap Wt99 8,103.000 Wing Tai 25c 8,070,000 Hotung Inv NT5 6,659.000 NatSteel 50c 5,952,000 Asia FoodiProp 5,896,000 HKL RFWt*****3 5,740.000 •Magnum Corp50< 5,215,000 Stocks JL HK Land USIOc 67,595,939 UOB Foreign 25,953.861 0U8 Foreign 25.573,502 DBS
        228 words
      • Article, Illustration
        Lock icon Electronics, properties take the hardest knock
        717 28  -  STOCK MARKET COMMENTARY Confidence shaken after overnight plunge of Dow and Hang Seng's dismal performance By R Sivanithy [SINGAPORE] Panic-selling floored the local stockmarket yesterday, sending the Straits Times Industrials Index crashing 122.87 points or 7.6 per cent to 1,497.03, the third largest absolute
        Chart info from Bridge  -  717 words
      • ON THE GRAPEVINE
        • Article
          Prepare to meet thy boom!
          104 28 AMID the doom and gloom, those that kept their heads and looked for opportunities had reason to cheer the high interbank interest rates of last week—and we don't mean those latest bogeypersons of finance markets, the international hedge fUnds. One observer said that quite a
          104 words
        • Article
          Anti-gravity Apple
          131 28 WHATEVER would Isaac Newton have had to say? On Black Monday this week, with share prices falling like leaves in an autumn orchard, Apple was the only one of the 500 stocks in the S&P's 500 index to rise. The performance added further lustre to the star-billing enjoyed
          131 words
        • Article
          Student of hard knocks
          108 28 THE stockmarket has its own cruel way of teaching students the facts of life. Counted amongst the class of' 97 Hongkong market scholars this week is a former undergraduate who lost some HK11.7 million (*****,000) during the current market plunge. Worse, the ex-student— who is in
          108 words
        • Article
          Tiger balm
          75 28 For those who know him, ING-Barings strategist for Asia Allan Butler-Henderson resigned last week. It seems the author of the widely-followed newsletter Tiger Talk —one of the better researched regular publications—wants to pursue his own interests. One of the first orders of business his replacement Paul Schulte has
          75 words
        • Article
          Crabby day
          100 28 BESIDES the Hang Seng Index, restaurants can be a good barometer of the market mood. So says a captain at the popular Tai Woo Chinese restaurant in Hongkong's central business district She says that every time the market gets hit she would notice the crowds thinning at the
          100 words
        • Article
          Fundamentally flawed
          109 28 THE regional stockmarket crash has prompted several broking houses to hold back, or even recall, publications recommending investment strategies for 1996. Some analysts explain that all the hard work that went into making recommendations—based, as it was, on examining market fundamentals is irrelevant in the current sentiment-driven market
          109 words
    • Article
      MAIN BOARD
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      4,965 words
    • Article
      SESDAO
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      1,021 words
  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      123 17 i jm w^A\ A company's strength lies in the Backbone of its staff. 1 i f w f 1 I I 1 i i vi Dauphin has the practical and suit individual needs. For more aesthetic answer to a major prob- healthy posture, added comfort lem for the purchasing depart-
      123 words
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      Page 18 Advertisements Column 1
      12 18 Jm r jBPj PRADA 1 S3 £<• V I j to CM Bm33E?'
      12 words
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      Page 18 Advertisements Column 2
      111 18 Experience the Best of East and West in Business Education BIM Ej Specialised programme geared to the finance and investment profession Designed around the CFA curriculum Includes topics relevant to the local and regional financial environment if Intensive Vh years part-time programme Taught by well-qualified and experienced faculty For more
      111 words
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      Page 19 Advertisements Column 1
      166 19 JIT HOLDINGS LIMITED Incorporated in the Republic of Singapore on 2 April 1997 INVITATION IN RESPECT OF 57,000,000 NEW ORDINARY SHARES OF $0.10 EACH COMPRISING:(1) 22,800,000 OFFER SHARES AT $0.88 FOR EACH OFFER SHARE BY WAY OF PUBLIC OFFER; AND (2) 34,200,000 PLACEMENT SHARES AT $0.88 FOR EACH PLACEMENT SHARE
      166 words
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      Page 20 Advertisements Column 1
      358 20 m Chin B Ho fjmtMy presents ASEAN FINANCIAL HAZE: A BORDERLESS PERSPECTIVE Where to Put Your Money in Southeast Asia in 1998 Wed 12 Nov 97 9am 4pm Hilton International Singapore plus a panelof oriwr KORN CHMIKAVANU KJSffcRtK miinent experh B&f£23r COUNTING SHEEP OVER ASEAN? Southeast Asia Currency Haze; Impoct
      358 words
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      Page 20 Advertisements Column 2
      110 20 injhis competkive' business environment.' At San Kith, we pride ourselves at being the corporate gift l specialist. Every gift item featured in our w catalogue has been personally selected FSVflHpl for being distinctive l!fi f r -.Hr *'-'J, "xTT"- 's y Gifts so good you'll want them for yourself! Bk.
      110 words
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      Page 22 Advertisements Column 1
      425 22 I LEADING EUROPEAN SOFTWARE COMPANY I jS I Regional I I Account Managers I (Ref 1492) I I (Banking Finance Sector 2 vacancies) I 1 Package Around $110,000 p.a. 1 I Our client, one of Europe's leading IT companies, has core interests in IT solutions, 1 I outsourcing, design and
      425 words
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  • Page 24 Advertisements
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      Page 24 Advertisements Column 1
      50 24 Wow! I A buyer 1 7 I love this car 1 the very I that I found npTf Ha y I through 1 —J V The Straits Times Buvina or sellina throufih wto a qHT The Straits Times Classified is child's Play. w»i" 'I &L_S*Sjr!lW^ nW Call CAT.S. at 1800*737*1166*
      50 words
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  • Page 28 Advertisements
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      Page 28 Advertisements Column 1
      495 28 BUSINESS Notices To advertise call toll-free 1800-*****83 NOTICE IS HEREBY GIVEN that, I See Choon Pah of Blk 77 Marine Dr #12-46 Singapore *****7, have applied for a Retail Beer Shop Licence in respect of M/s Tai Liang Mini Supermarket located at Blk 80 Marine Parade Central #01-780 Singapore *****0,
      495 words
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      Page 28 Advertisements Column 2
      662 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AIRTRUST VIETNAM (S) PTE LTD (IN MEMBERS' VOLUNTARY WINDING UP) NOTICE is hereby given pursuant to Section 308(2) of the Companies Act. Cap. SO. that a Final Meeting of the members of the abovenamed company will be held at 10 Anson
      662 words
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      Page 28 Advertisements Column 3
      264 28 IN THE MATTER OF THE COMPANIES ACT, CAP. 50 AND IN THE MATTER OF KINGSMARK MARKETING PTE LTD (MEMBERS' VOLUNTARY WINDING-UP) At an Extraordinary General Meeting of the Members of KINGSMARK MARKETING PTE LTD duly convened and held at Blk 1 Pasir Panjang Wholesale Centre #03-05 West Coast Highway Singapore
      264 words
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      Page 28 Advertisements Column 4
      149 28 Pi am ia fati I* It farii f Clitiiflid tkit SmjMl IJSi UNITED OVERSEAS BANK LIMITED (Incorporated In Singapore) LOST SHARE CERTIFICATES The undermentioned certificates have been reported lost, destroyed or mislaid:titana Ctrßfteitt No. NootsmrOng Kun Cfiing <§> Onfl Yong Tiong *****92 7 1 x 250 -do- *****26-9 1 x
      149 words
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      Page 28 Advertisements Column 5
      29 28 I CLASSIFIED I The one stop nformauxt centre where you can buy a house, a c*r. *tn«l a job or even engage a plumber after d*rt. Call 1800-*****66 today.
      29 words
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      Page 28 Advertisements Column 6
      345 28 IN THE MATTER OF THE COMPANIES ACT, CHAPTER 90 CHARLES PARSONS (S) PTE LTD MEMBERS' VOLUNTARY LIQUIDATION At an Extraordinary General Meeting of the Company deemed have been held pursuant to Section 179(6) of the Companies Act, Cap. 50 on 21 October 1997, the toflowing resolutions were duly passedt. SPECIAL
      345 words
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  • SHIPPING TIMES
    • Article
      Lock icon DAILY FREIGHT
      304 29 Bridge News Reuters TRADING was very lacklustre with details of concluded business very slow to surface. Brokers said several new cargoes for capesize business in the east were quoted which may help underpin that market. Futures TANKERS: There was another hike in rates for modern very large crude
      Bridge News; Reuters  -  304 words
    • Article
      MARITIME STOCKS
      278 29 'Ooo *c12» t$ CWTOM 0J4 -ON W7 Chuan Hup 0*45 -0.075 206 CMC* In* OK 0.03 32 rraMtfUnfel 0-273 -003 474 GB*WHS 0J7 -003 21 Hal Son Hup OAS -0.06 501 HMacNZota* 0455 -0.0*5 WO IMC lloW»n» HK5A0 jayaHoMlngs 0.65 -0JD4 5 Jurona SNpyarft 6.70 0.15 4« Kappakarp
      278 words
    • Article
      Lock icon Row settled, 3 Japanese lines agree to pay up
      353 29 US-JAP AM PORT DISPUTE Washington, Tokyo sign pact to reform port practices in Japan Reuters [WASHINGTON] The US Federal Maritime Commission (FMC) reached a settlement on Monday with Japanese shipping firms, ending a bitter dispute that had threatened to close US
      Reuters  -  353 words
    • Article
      Strong case for a uniform int'l approach to manning levels
      649 29  -  STRAIT TALE By\ Seafarer SHIP operators may be forgiven for thinking that the recent raft of new safety legislation from the International Maritime Organisation (IMO) is enough to keep them busy for a little while. They may be a touch
      649 words
    • Article, Illustration
      Lock icon Stuck in the Thames
      52 29 [LONDON] A 3, 800- tonne ship conies to grief stuck in flood barriers on the River Thames after colliding with them in thick, early morning fog on Monday. No one was injured in the accident involving the 98-metre long Sand Kite, which was carrying sand and
      REUTERS  -  52 words
    • Article
      ST Logistics to invest $400m in regional expansion
      467 29  -  It will team np with partners to widen Regional Distribution Centre network Reports by] Felix Chan [SINGAPORE] ST Logistics, a unit of STIC, aims to be the premier logistics provider in the region and will be investing some $400 million with its
      467 words
    • Article
      S'pore urged to maintain hub position
      184 29 [SINGAPORE] Singapore should continuously position itself as the transport and logistics hub for Asia and to provide high value-added services for customers worldwide, Communications Minister Mah Bow Tan said yesterday. Speaking at the official opening of the ST Logistics and Express Logistics Centres yesterday,
      184 words
    • Article, Illustration
      Lock icon Keeping up with trade growth
      938 30  -  MANILA PORT Terminal operators expand to meet demand but long-term solutions are seen in alternative port developments By. Helen Coastick Container Management Manila nates container activity in the Philippines, handling more than twothirds of the country's 2,868,000 TEU throughput last year. Having been the focus
      Container Management  -  938 words
    • Article
      INDEX TO SHIPPING LINES AND FREIGHT FORWARDERS
      349 30 PAGE FL-Bright 6 AEL tt f,mouJ 7 ANl 3 F<n K AWe 16 Foon "J Sun Accord 6 Frotl AhrenkW 12 frtu 16 AppemMp 5 MworkJ '2 Astro 3 4 Austral 9 <*»«*»«« Avant 6 <*»"« 9 B'tang Mas S tta| Rat It
      349 words
    • Article
      SHIPPING GUIDE
      18748 38 THEBUSINESSTIMES EXPORT ETA ETA A Mrttow Vnul Voyaga Taiaphona ETA ETA Advartlsar Vassal Voyaga Taiaphona SIN Dast'n Maim Nam* NumMr NumBar SMI OmT* Nmw W— NwiBir ttm*m JVM 20/1 MISC OCL. GERMANY 3437 45-*****22 A Jt/» 20/1 OOCL OOCL GERMANY 3437 45 *****13 u 31/10 22/11 Han|ln TRADE
      18,748 words
    • SHIPS IN PORT
      • Article
        CONVENTIONAL WHARVES
        704 45 V«smI Voy Wo Nfth Arrival Pggrtiw Mm mm *314 J02 «IMim «■««*c Iw Ml wr m mm. JO.vnxo lutm 3JV97 JO* *x*ju4» 031V2354 OtlMlf. I J04 M*M 30 KJ/2J0C *m wn jos **m* nS(352? *•*«*> omn m <m«mi MiM 43/97 M M4M 2 Si®"® «0» 0* JOI «M»Mt
        704 words
      • Article
        CONTAINER SCHEDULES
        1585 45 RECEIVING OF EXPORT Fa CONTAINERS AND LCI CARGO BMhtat/Maacf Rstls Skip Voy Wo Ctfc/itr Nrtod Frw To Frw "-t-r- 044W ivoroo u 24/1500 io/mm io/bm 21/1500 24/1451 .'laoo 2A 20/1700 20/0450 a/WOO 24/roe 20/0450 2VOOOO 1 20/0700 20/1150 a/MM 4 io/bm a/Mjo a/me ma tiiu M/Z300 M MM
        1,585 words
      • Article
        GLOBAL HOLIDAY
        208 45 Oat 30 Malaysia: Deepavali. Singapore: Deepavali. Oat 31 Taiwan Birthday of President Chiang Kai-Shek. Nov 1 Belgium: All-Saint Day. France: All Saints Day. Philippines: All Saints Day. Sweden: All Saints Day. Nov3 Japan: Culture Day. No* 11 Belgium: Remembrance Day. Canada: Remembrance Day. France: Anistice Day. United States:
        208 words
      • Article
        COCKETT BUNKER MARKET REPORT
        925 45 THIS report. compiled by Cockett Marble OU Ltd. (how* price ranges In US dollars Instead of untie prices tor a more comprehensive descrip tlon of the market Price* shown are based on sverage-slxed sum Market movement* are indicated The Cockett Bunker Price Index change and the
        925 words
      • Article
        VERITAS BUNKER QUALITY REPORT
        372 45 Carta* MO Mm 990.7 10 *J 0.10 55 044* Oct 23 OmRt «Mar taMn Ask UmHm Site it NoMmCZS 0 0 1 0 0 k o; 1 300 mi oj n.4 o.or 34 0.02' tZZ MO MM 994.0 0.0 *2 0.09 46 0.00 Mfrn %w M/N
        372 words
    • AIR & LAND TRANSPORT NEWS
      • Article
        US aviation officials to visit Manila next month
        343 46  -  They will check measures taken to improve air safety operations By. Felix Chan [SINGAPORE] Officials from the US Federal Aviation Administration (FAA) will meet Philippine civil aviation authorities next month to evaluate measures taken by the government to improve the country's air
        343 words
      • Article
        Singapore and Brazil sign air services accord
        219 46 [SINGAPORE] Singapore and Brazil signed an air services agreement yesterday allowing their airlines three weekly services each between the two countries, the Civil Aviation Authority of Singapore (CAAS) said. Singapore Airlines and Brazilian carrier Viacao Aerea Sao Paulo SA have been designated as
        219 words
      • Article, Illustration
        Lock icon BMW seen as most likely to buy Rolls-Royce Motors
        292 46 Reuters [LONDON] Britain's RollsRoyce Motors is most likely to end up in the hands of Germany's Bayerische MotorenWerke AG (BMW) following Vickers pic's decision to put the luxury car maker up for sale, said industry analysts. The German car maker was
        Reuters; FILE PHOTO  -  292 words
      • Article
        Lock icon Air NZ sees progress in joining Star Alliance
        159 46 Reuters [AUCKLAND] Air New Zealand Ltd managing director Jim McCrea said yesterday he was hopeful the national flag carrier would soon make progress in joining the Star Alliance airline cooperation deal. "We've got to go through a process an initiation and qualification
        Reuters  -  159 words
      • Article
        Lock icon Easyjet may sue British Airways if it sets up low-cost carrier
        454 46 Bloomberg [LONDON] If British Airways (BA) proceeds with plans to start a new, low-cost, no-frills airline, Easyjet Airline Co, a UK cut-price airline, might bring legal action, Easyjet's chairman said. Stelios Haji-lonnaou, chairman of Easyjet, said in an interview
        Bloomberg  -  454 words
      • Article
        Lock icon BA still undecided on launch
        255 46 Reuters [LONDON] British Airways said on Monday it remained undecided whether to launch a new low-cost short-haul airline in Europe following press reports suggesting an imminent launch. But the industry believes it is only a matter of time before BA dives in for a share
        Reuters  -  255 words
      • Article
        AIRCRAFT ARRIVALS AND DEPARTURES
        1651 46 CTTT flWHT IT* FII6HT CIO $025 0(55 0126 2355 MaOMN Om 025 OKST 2025 "-H786 *45 $026 2355 MM S0230 l»20 »6 »40 IHT07 2351 *—aa MB 2225" SOTW TB S0990 0115 imtirtai $0327 0020 SO321 2330 tuin|itiiiiWC—C23S1 2035 1 HJ37 B40 KU30 2335 *•"•< VK741
        1,651 words
  • Page 29 Advertisements
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      18 29 Manila port keeping up with trade growth But long-term solutions are seen in alternative port developments. Page 2
      18 words
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      Page 29 Advertisements Column 2
      253 29 US aviation officials to visit Manila next month They will check measures taken to improve-air safety operations. Back Page ulli)liW/l9Ht|sßtt|. mm SDLC Pte Ltdin coordination with Softship Gmbh, LSyfijfj is organizing a Free Seminar at the Harbour View DaMchl Hotel (81 Anson Road) r.A Come and join us to: on
      253 words
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      Page 30 Advertisements Column 1
      1214 30 OMCTTOWMTCOfttT t I vesa vor nan ma u om va m ik hou ok nt mocooty mm w| |rMwiM|KMnu|Ha»M>» |mi—» !«"»<■ I cmmmm —im w» w« W» "7" W» wii wii wT wfi "wii" B SSISSI Z\ "m Z\ !w wi NOMumamss iss4s m/ii m/ii 11/11 n/11 m/ii m/ii n/n
      1,214 words
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      Page 30 Advertisements Column 2
      549 30 U"* •ervtcee represented ffjfSkl\ by Members o< to ot MHA Members ol the HMfflejU AocredHed Shipping Agent*. Slngepore Freight Forwarders Sfcore National Shipping Aaaoc Aaeodaion. Send out 48,000 copies of your sailing schedules around Asia. Place an ad in... ySBfUF Shipping Times Just talk to us IrisLim 740-2044 Jarrod Leong
      549 words
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      Page 31 Advertisements Column 1
      1032 31 TO EUROPE FROM EUROPE Ivissa VOT SM (TM HAM NV SOU UH™l [wia VOT IT* HAM WV SOU UM NG sUT NBUOYD ASIA S4J7 30/10 20/11 11/11 22/ II IWMD *41/09/10 07/10 11/10 20/10 30/10 UUMM 1437 31/10 10/11 10/11 21/11 22/11 ATIINOONfSIA 4427 17/10 10/10 13/10 14/10 05/11 OOaGOMANT
      1,032 words
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      Page 31 Advertisements Column 2
      2198 31 H ANJIN SHIPPING USA CANADA* [WIVSt/VOT PKi IAM SW LWfHAIR/VOT SiA 1 PPI IKMj CH W Wft BUM OPS OWI OKF MTC TVt TTC |TK TU. TTI ■Lgiggjßigi a/u a/n n/n a/11 a/n M/n m/ii ts/n h/ii "10/n a/n a/11 a/n a/n~ a/n a/iT" a/11 hhmmummm 05/ti >/ii a/n 30/11
      2,198 words
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      Page 31 Advertisements Column 3
      109 31 a«TI ORIENT EXPRESS UNES (U.K.) LIMITED ysl. (MANAGER FOR SHREYAS SHIPPING UMITED) J WEEKLY SINGAPORE/MUMBAI (BOMBAY) SHUTTLE VtSStl VOY SINGAPORE IOWHAY VESSEL VOY MMMff SINGAPORE SINAR TOBA 218 02/11 08/11 ACHIEVER 001 01/11 10/11 OOCL ADMIRAL 008 04/11 12/11 ALBERT BRIDGE 006 05/11 14/11 KEPAH 007 06/11 16/11 NORDKAP 418
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      Page 32 Advertisements Column 1
      1459 32 <$T DSR-SENATOR ill Round the World Container Sen/ices TO UK/CONTINENT FROM UK/COPmNgNT gg WY 1 HTM MIT IHV HAM FU IHA KMtl WT I IHA HJ I HTM IWW HMI WttMBMTON MNATOR MF747 91.11 tt.ll till 13.11 Mll Ull mi HUM SENATOR Ef7« Hit Mil IT II NH 1111 11.11
      1,459 words
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      Page 32 Advertisements Column 2
      1134 32 I NORASIA I VESSEL VOY SIN OOA BCL ALQ LKH ANT HOT FtL MX NOR HONGKONG 1742-3 36/10 18/11 17/11 21/11 21/11 22/11 24/11 23/11 2WII NORSHAAJAH 9743 3 66/11 21/11 23/11 27/11 27/11 76/11 31/11 l*/11 06/1? MSC REBECCA 1744-3 11/11 27/11 21/11 13/12 03/12 M/ 12 06/12 06/12
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      Page 32 Advertisements Column 3
      471 32 UNI A T*U SIIISN PAXt SIIIN7 1 MUABA~ 1 UWMW 1 vasa vor m eu vissa m m m SfOtl BUMU srotl IM jnosra raw »/w bi/ii jnmni vm/»; »/i« «/ii tmootr v77i/»7 bi/ii m/ii tmoum rm/v «/n as/ii IPtOSfB VJM/V7 17/11 M/ 11 JPtOSTB VJK/V787/I1 11/11 mmimt rm/v u/ii
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      Page 33 Advertisements Column 1
      1424 33 |VIBBBL VOY SIH BKK POU PKQ PtN BtW SUR BA BIK MAN TAKHTI PJL-1240 28/08 06/09 08/09 ■UM VAHOAT PJL-1233 04/08 31/08 07/08 22/08 24/08 MAN VAHDAT PJL-12S8 17/10 18/10 28/10 27/10 ACCEPTING FULL CONTAINER SHIPMENTS TO INLAND POINTS IN IRAN A CIS COUNTRIES I.E. AZARBAUAN, ARMENIA. KAZAKHSTAN, UZBEKISTAN, TURKMENISTAN.
      1,424 words
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      Page 33 Advertisements Column 2
      2004 33 DIRECT SERVICE 1 FROM SINGAPORE TO UANYUNOAN6 I ItAItSIT TIMC 14 DAYS I I SINGAPORE'S GENERAL AGENTS: 6SHENTONWAT TEL: 226 1900 f AX: *****08 OUTWARD (B/L) COSTAR SHIPPING PTE LTD iu-mmskdg saus/kgs 4205*41/43 inwaid otrr (o/oj *****85 COSTAR AGENCIES (M) SDN BHD «MO:117»7WOOO<H» TOWtl TWO (06SKW) COWVtNTKXUI *****50/55 l/SHPMT DlfT
      2,004 words
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      Page 34 Advertisements Column 1
      1098 34 fUROPf/UK/3CAHDINAVWFIHLAND/RUBSIA rioTI ROM ANW HiO TMP ZEE LHV LHV TMf RDM AHW ma m SOP E.KPUIIMMII *1/11 21/11 2VII 22/11 24/11 2S/11 10/11 E. GENERAL RE-OM 08/10 07/11 01/10 lint N/11 03/11 M/ 11 E. RACER BW-010 W1 *0/11 03/11 29/11 11/12 02/12 N/12 E. RERHE RI-01J 10/10 U/10 11/11
      1,098 words
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      Page 34 Advertisements Column 2
      1130 34 lIXPQtT VHSII VOTAGI SGf DM MA AM DMN IAM IWT Ml VISSR VOTAGI W■ M AN MM UH W UNAHCAO 0471-007W 30/10 0»/1l N/11 10/11 11/11 12/11 12/11 12/11 UM COMMA *****4 It If/10 It/10 20/10 21/10 22/10 03/11 DM ACCOM) 040M0IW 01/11 Wll I*4/1117/11 11/11 If/11 If/11 If/11 UNANGEI
      1,130 words
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      Page 34 Advertisements Column 3
      433 34 rca> NANTAI LINE j FUUY CONTAINERISED SOVKX TO MAURITIUS SOUTH AFRICA vpsn I VOT so |mi dih cn" mm [meow ook w/io w/ii 13/11 14/n wwiAirwia ons 04/11 u/p a/i> mmyaus was it/11 24/11 02/12 »/ii (tuamm oois 23/11 03/12 07/12 u/11 vmmm ,011s 21/11 iy» 17/12 mm oua 024s
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      Page 35 Advertisements Column 1
      693 35 BSA x flM* MYANMA pBBk FIVE STAR LINE (MyoNNrar National Um) Loading far Yangon (Rangoon) VtSSII VOT SIN KG PIN PGU PMYA 149 510 SAGAJNG 48 MPT MALAYSIA AW NTS: OOUSTIAD SHIPPING AGMOIS KUt 111 02-03-*****00 PAL Til 02-03-*****01 PIN: m 02-04-*****0J PGO: TU 02-07-*****21/4 BANK LINE (A t«rvk« of
      693 words
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      Page 35 Advertisements Column 2
      1137 35 4 HYUNDAI MERCHANT MARINE CO. LID. WESTBOUND TO EUROPE BKG: *****32 [wssn I VOT im UN I RTB I AMI I NAM I 0M I HI HV GfNflAl 104* 02/11 19/11 20/11 21/11 22/11 22/11 2S/11 MY BUM JWW M/ 11 M/ 11 27/11 M/ 11 M/ 11 M/ll M/
      1,137 words
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      Page 35 Advertisements Column 3
      582 35 (fc FAMOUS CONTAINER UNES J IBS 80 ROBINSON ROAD. #22-02 SINGAPORE *****8 3/ HOT UNE: *****33 (30 UNES) WB MB mat- nmw.tewfc.iwm HMHWBtK*Of*aM 4 SAILINGS A WEEK TO S BANGKOK 1 J AND REGULAR SAILINGS TO CNABANG THAILAND \bangkok I f FOR BOOKING LI *****33 CONTACT AMY P. KLANG PH:
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      0 36 _$:%~%&|>~=+{[~><?-}[%&'!!|\%^$
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      Page 36 Advertisements Column 2
      982 36 AWHOH/LABM QWAIAIIO 1 JAKARTA/PANJANG VESSEL wr SIN"* BKK I LCH VESSEL VOY SIN JKT PJM 3WIBAMUT *****1 In Pt 01/11 MATHU BHUM 3608 30/10 01/11 BAN! BHUM** fIOW In Pt 01/11 02/11 MATHU BHUM ***** 31/10 01/11 XETHA BHUM 218N In Pt 02/11 DAHU BHUM 0148 01/11 04/11 XETHA BHUM
      982 words
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      Page 36 Advertisements Column 3
      619 36 PUL INTERNATIONAL LINE POL INTERNATIONAL htf (MiaM to*. IHD t bate 0»» SAp W«»«. to prti «<tiii Itot HOTMMBIIMMMMK Mmmffnci) ssigs/WH bl VOT I Ml IMI m wsr \m* in I pp. lilllii vu f sis Imi 1 MHo» 111/10 Im/iiTmom ot7H| MAGON SUMATRATIS I 04/11 I TUK 107/11 I
      619 words
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      Page 36 Advertisements Column 4
      723 36 rs accord A SHIPPIWO PTE LTD M=l m: ***** IS (40 Utms) FAX: *****30 KXTKUUtG (OS) U7 mi mt M DStfCT ACCESS TB.: *****5S (IXFOET SOOK1NO) nSMOXMK (07) HI I J/7 *****34 (EXPORT DOC), *****39 (IMPOST) KtUMG (04) SHIM URLHTTP://WWWACCOBD.COM.SO JMJUtU (71) *40 0770 potr via sin row msm poti
      723 words
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      Page 37 Advertisements Column 1
      317 37 INDONESIA NATIONAL LINE I TO EUROPE "1 EXPRESS BEM»-COffTAftgßi3gP SERVICE I VSI I VOY I^otTiTOAM/BDAM] USURP BREMEN ANTWERP A. VESSEL [40W0 21/12 24/12 OMIT 27/12 j TO AUSTRALIA "1 I FULL COKTMNPI SERVICE I vs. voy "BfaT m w w m MX. AMKR V96S 2VIO 2VIQ Wll IW WJI WJ
      317 words
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      Page 37 Advertisements Column 2
      796 37 PACIFIC INTERNATIONAL LINES (PTE) LTD I 140 Cecil Street, #03-00 PIL Building, Singapore *****0. CR NO **********06 H TTnrnTT¥TTTlU^Jl'JljlMAl^M^^M BL. W |W> I IB" B>» E BBfflfe Siß ~nn~ ji Mi ffj 7/u nrvi ircotD 141 14/11 IS7II 2t/il M/ll 1/12 i/12 12/12 1 13/12 I SBfiß 12mm 22/11 21/11
      796 words
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      Page 37 Advertisements Column 3
      859 37 yp«tg»« I VQY SN JED I PSO ia I MAM RTM THP ZEE VK-LE DC NORMA N22W 03/11 12/11 IVII 24/11 26/11 28/11 28/11 27/11 VW-LE 0€ GEMXA H22W 08/11 IWII 21/11 3(yil 01/12 03/12 04/12 06/12 VHUE P-QWON Y22W 16/11 26/11 28/11 07/12 08/12 10/12 11/12 12/12 VKXEDE MIMOSA
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      Page 39 Advertisements Column 1
      47 39 To retrieve more schedules, ]ust follow these simple steps... he document 740-6000^^^^^^ tep be faxed the port your ste ste P key in the four number /jf Co( e Key in your Example: —■—i fax number To NEW YORK (NYC) 2275 United States for calls within Singapore
      47 words
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      Page 40 Advertisements Column 1
      18 40 Consolidation to CHINA PORTS Tianjin Jmm^nUnA FREIGHTWORLD PTE LTD 3 Maritime Square #11-04 Cable Car Towers, Singapore *****4
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      Page 40 Advertisements Column 2
      88 40 BREAKBULK CONTAINERS DIRECT SERVICE FROM S'PORE TO KARACHI vissa voTAGi n* snwAfoti tw cotomo ra kakach ISUMAUD IHHW VII/ 17 71/11/17 mam iwhw wwv fl/n/i? HTMUUO \l\m W/IZ/17 97/01/11 ALSO ACCEPTING FULL CONTAINERS FOR DRY PORT LAHORE, SIAUCOT, RAWALPINDI AND RESHAWAR SEA-PAC MANAGEMENT PTE. LTD. 3 Mtwitiiix Squara 111-OJ f\k
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      Page 40 Advertisements Column 3
      134 40 P.I PttUSAHAAN PHAYARAN W KALIMANTAN j DIRECT WEEKLY SERVICE TO JAKARTA/PALEMIANG/DUMAI I Vmml I V»T SW Ml IriAMG WliiT" I lACHMAMUII 111 14/17 M/1B 1/11 H/tl I I >a(hmjuiuii ii ii/ty 01/11 »7/n u/n i I IACHMANUII I 14/97 07/11 11/11 11/11 I SURABAYA/PANJANG i"vsia rvn rsa r~s«i r~m i
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      Page 40 Advertisements Column 4
      40 40 ACCEPTING FCL CONTAINERS TO CALCUTTA, MADRAS, COLOMBO, TUTKORIN, COCHIN, BOMBAY, KANDLA, DUBAI, BANGKOK A PASIR OUDANO, REGULAR SAIUNOS TO ABOVE PORTS, NfW PQRT SERVICE; UMM QASR, IRAQ Regular FCL Service/ Ship Broking/ Shipping Agency Regular FCL Service to:SOUTH CHINA PORTS
      40 words
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      Page 40 Advertisements Column 5
      81 40 REGULAR DIRECT CONTAINER A BREAKBULK SERVICE TO PORT LOUIS A DURBAN EXPORT VOY FSm PTL DSN ALS MARY 12WB 30/10 10/11 15/11 ALS DANAOS 12AW 19/11 30/11 05/12 ACCEPTING TO JOHANNESBURG AGENTS: SINGAPORE BEN LINE AGENCIES T>l: *****22 Fax: *****03 [CONVENTIONAL BREAKBULK SERVICE I VSI STOW LOAIHWC FOW TBN 26/10
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  • Page 45 Miscellaneous
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  • INVESTING 97
    • Article, Illustration
      Lock icon Tiger, tiger, burning not so bright...
      555 47  -  Asian markets in turmoil There will be no Quick road to recovery for South-east Asia 1 s and investment markets built on good intentions alone. Investor faith will be restored by action. Not words. ■by Louis Beckerling MhhAY you live in interesting Hfr times..."
      Suresh, Magdalene Phong  -  555 words
    • Article
      When the going gets tough, the tough get going
      125 48 We begin this year's Investing '97 supplement with a roundup of the present state of play on regional stockmarkets, along with an immediate outlook for share prices. On most fronts the news is sombre. Indeed, making money out of shares in
      125 words
    • Article, Illustration
      Lock icon Bank on short-term trades
      941 48  -  With bad news abounding, is it time to take a contrarian view and begin baying on the Singapore market? Softly, softly R Sivanithy The writer is BT's daily market report A COLLAPSE in regional currencies, a stock market that has sunk to a five-year low, dwindling
      FILE PHOTO; Source: Bloomberg  -  941 words
    • Article, Illustration
      Lock icon KL market facing a crisis of confidence
      847 50  -  So long as the outlook for M'sian stocks remains hazy, the message for investors is that cash should remain king by I TVJ Eddie Toh The writer is BT's Kuala Lumpur correspondent ANALYSTS continue to paint a less-than-rosy scenario for the Malaysian economy
      Source: Bloomberg  -  847 words
    • Article, Illustration
      Lock icon Mesdaq to kick off early nest year
      139 50  -  By Louis Beckerling THE Malaysian Exchange of Securities Dealing and Automated Quotation (Mesdaq) is expected to begin trading early in the new year. This will meet the requirement that the new board should be operating before the Multimedia Super Corridor (MSC) international advisory
      FILEPHOTO  -  139 words
    • Article, Illustration
      Lock icon Jakarta market under siege
      991 53  -  Uncertainty rules as currency crisis takes toll on economy, corporate earnings ty SN Vasuki The writer is BT's Jakarta correspondent THE Jakarta stock market was sitting pretty in early June. The May elections had run their eventful course, and analysts were predicting a major rally that
      Source: Bloomberg  -  991 words
    • Article, Illustration
      Lock icon China power to propel HK market
      992 54  -  Cheah Cheng Hye The writer is managing director of Value Partners Ltd in Hongkong HONGKONG has not escaped the recent turmoil in Southeast Asian currency and stock markets, though the market is still in the midst of a cyclical bull run and interest rates
      FILE PHOTO; Source: Bloomberg  -  992 words
    • Article, Illustration
      Lock icon A few bright spots in the Thai market
      1223 55  -  Harish Mehta The writer is BT's Bangkok correspondent "The Thai market no longer QCts like some dynamic place. 'It's almost like being in the markets in Columbia, Croatia, or Prague." A stockbroker on the state of the Thai market NOBODY'S rushing out
      Source: Bloomberg; FILE PHOTO  -  1,223 words
    • Article, Illustration
      Lock icon Manila limits its losses
      961 56  -  But analysts say any recovery will be gradual and will be tempered by concerns over corporate earnings by _l Al Labita The writer is Manila-based journalist who contributes to BT PHILIPPINE shares escaped the worst of the currency aftershocks which swept through regional markets last week,
      FILEPHOTO  -  961 words
    • Article, Illustration
      Lock icon Tapping into China
      1452 57  -  As China's appeal for direct investors is waning, it's starting to look attractive for portfolio investment by Lu Ning The writer is a BT correspondent specialising in China affairs IF you are investing directly in China through joint ventures and getting tired of the bureaucratic red tape,
      Source: World Bank; Source: Bloomberg  -  1,452 words
    • Article, Illustration
      Lock icon Banks come under pressure
      825 58  -  Operating conditions for banks will remain challenging given the trend of deflating assets which are forecast to fall a further 10-15% in 1998 By, John Doyle The writer is banking analyst with ÜBS Securities SHARE prices of bank stocks have contracted sharply during the course of
      FILEPHOTO  -  825 words
    • Article, Illustration
      Lock icon Buybacks: pluses and minuses
      1400 60  -  Share bnybacks have been landed by many companies, bnt there are drawbacks byC nin David Ding The writer is associate director of the Centre for Research in Financial Services at the Nanyang Business School. This is an edited version of an article which first appeared in
      FILE PHOTO  -  1,400 words
    • Article, Illustration
      The Asian story, Chapter 2...
      129 62 Much has been made of the role played in the sharp retreat in regional share markets by fund managers. So. Will they be back once the shock waves from the currency crisis have ceased rocking regional markets? In a word, yes. But there are some
      129 words
    • Article, Illustration
      Putting the Asian miracle to the test
      525 62  -  The months ahead may be an ideal opportunity to think about investing in the next, and possibly most exciting, part of the Asian story by Peter Hames The writer is a director of Aberdeen Asset Management Asia Limited AS regional financial markets continue
      525 words
    • Article, Illustration
      After the storm, a new dawn
      837 62  -  The battering taken by regional currencies presents a great opportunity for a constructive review by both governments and businesses by Kim Teo The writer is managing director of Nicholas Applegate Capital Management Asia (formerly Credit Lyonnais International Asset Management) HOW apt The Perfect Storm
      837 words
    • Article
      Unit trusts: winners and losers
      1555 63 Two unit trusts managed by OCBC Asset Management are ranked No. 1 THE Savers Trust Fund and the Savers Enhanced Trust Fund, two CPF-approved unit trusts managed by OCBC Asset Management, outperformed their peers in the troubled 12-month period to end-Sep-tember, 1997. The two unit
      1,555 words
    • Article, Illustration
      Don't expect a quick recovery in Asian equities
      434 63  -  Tight monetary, fiscal policies set to worsen fundamentals bl Low Beng Lan The writer is an investment manager with DBS Asset Management RECENT sharp declines in the prices of Asian equities, and seemingly low valuation levels vis-a-vis historical norms, may look tempting
      434 words
    • Article, Illustration
      Time to take the medicine
      862 64  -  Mexican crisis has shown that with the appropriate policy adjustments things can get back on track byl Daniel Chan The writer is managing director and chief investment officer for UOB Asset Management Ltd SINCE Thailand's decision on July 2 to float the baht, the Asean
      862 words
    • Article, Illustration
      Lock icon Global tech market: time is ripe to invest
      809 64  -  Funds ran by specialist technology managers offer one way to get a slice of the action by i Alexander Henderson The writer is business development director for Henderson Investors Ltd, which is listed on the London Stock Exchange, and currently has over
      FILE PHOTO  -  809 words
    • Article, Illustration
      Lock icon Know your funds well enough?
      1163 65  -  Managing money also means managing the expectations of investors by Patrick Choo The writer is a Hongkong-based fund manager KE main reason investors t a unit trust is that results fa| short of expectations. In many cases, the seeds of I unhappy parting of the
      FILE PHOTO  -  1,163 words
    • Article
      Putting the currency crisis into perspective
      109 66 The region 's currencies have taken a battering as the graphs on this page clearly show. What's worse, there seems no end to the bad news which continues to plague their recovery. Under the circumstances it is tempting to see only threats, where there
      109 words
    • Article, Illustration
      Lock icon There's light at end of tunnel
      950 66  -  Markets in the region have been hurt by the currency crisis. But for Singapore, there may even be some benefits ahead Tan Ee Khoon The writer is director of research for Summit Securities Pte Ltd SINCE the onset of the regional currency crisis, news
      Source: Bloomberg  -  950 words
    • Article, Illustration
      When currency trading becomes controversial
      1076 66 Amoral? Maybe, but currency speculators are both necessary and productive, argnes The Economist magazine SPECULATORS have never had a good press. Almost 30 years ago, British politicians found it convenient to blame the "gnomes of Zurich" for a big devaluation of sterling. Nowadays London itself
      1,076 words
    • Article, Illustration
      Lock icon Thebear phase may run longer
      425 67  -  Caution should stay the watchword when assessing investment opportunities in SE Asia by I Desmond Supple The writer is director and head of Asian currencies research, global foreign exchange, at Barclays Bank pic in Singapore MANY investors both private and institutional may be tempted to
      FILE PHOTO  -  425 words
    • Article, Illustration
      Still a good investment option
      444 67  -  Bnt beware of the risks involved in foreign currency deposits bvi Andy Tan The writer is general manager of Standard Poor's MMS INVESTING in foreign currency deposits certainly looks enticing, with interest rates for one-month deposits for baht and rupiah exceeding Singapore dollar deposit rates
      444 words
    • Article, Illustration
      To buy, or not to buy?
      81 68 Prospective buyers—and sellers for that matter —are caught in an agony of suspense in the present uncertain property marketplace. Prices are retreating; but will the fall continue and how far will it go? Are there alternatives to the present somewhat troubled market for direct
      81 words
    • Article, Illustration
      Lock icon All the makings of a buyers'market
      1304 68  -  Prospective bqyers are now waiting on the sidelines, uncertain whether prices will fall further by! Steven Choo The writer is an executive director of Jones Lang Wootton A CLOUD of uncertainty hangs over the Singapore private housing market at present. The unsettling economic climate
      FILE PHOTO  -  1,304 words
    • Article, Illustration
      Lock icon Care for a share in CBD corridor?
      1260 69  -  Small investors can try property trusts, strata titles for indirect property investment k' Lynette Leong The writer is associate director of Jones Lang Wootton, Singapore and is presently on the JLW International Exchange Programme in London and New York. investment has criticised for
      Source: The National Association of Real Estate Investment Trusts(NAREIT),USA; FILE PHOTO  -  1,260 words
    • Article, Illustration
      Lock icon Party for collective sales not over yet
      766 70  -  Gains from such sales in S'pore still attractive with individual owners reaping at least $500,000 each byJc Jeremy Lake The writer is executive director, investment, at Richard Ellis (Pte) Ltd WHILE many people have become bored with reading about yet another collective sale
      FILE PHOTOS  -  766 words
    • Article, Illustration
      Lock icon Property trusts – big businesses in Australia
      852 70  - Property trusts big businesses in Australia More investors are buying into such trusts for indirect property investment hu I Russell Baker The writer, based in Sydney, is a freelance contributor to BT. AUSTRALIA'S listed property trust sector is booming. Trust promoters are taking advantage of low interest rates and a
      Source: Bloomberg  -  852 words
    • Article, Illustration
      Lock icon Serviced flats: still room at the top
      992 72  -  Average rentals of 2-bedroom serviced apartments in prime areas have increased by 71% over the past seven years by Low Fatt Onn The writer is an executive director of Edmund Tie Company OVER the decade ended 1996 the number of serviced apartments in
      Source: Edmund Tie & Co Research; FILEPHOTOS  -  992 words
    • Article, Illustration
      Having your cake and eating it
      122 74 How can you participate in the stockmarket and at the same time provide insurance for yourfamily? The answer is, via an investment-linked insurance policy, which in some respects solves the conundrum of "having your cake and eating it". Morbid matters aside, insurance policies can
      122 words
    • Article, Illustration
      Invest in your child's future
      599 74  -  Today's toddler could be paying more than $100,000 a year to get through university. It's time to get saving by I Ken Ng The writer is manager, actuarial services, for Prudential Assurance Company Singapore. IN today's ever-growing global financial markets investment options are abundant bonds,
      599 words
    • Article
      What's secure and tax-free
      611 74  -  The endowment policy has many advantages over other forms of investment By: Bill Beaty The writer is senior vice-president and general manager of AIA Co Ltd THERE is a traditional saying that life insurance is usually sold, not bought. Death being a taboo subject in our
      611 words
    • Article, Illustration
      Getting the best of both worlds
      844 76  -  A look at the pros and coos of an investment-linked insurance policy Tan Beng Lee The writer is chief executive officer of Great Eastern Life EVERYONE likes a good deal; something which comes with an added benefit. Investment-linked insurance fits this category and, fueled
      844 words
    • Article, Illustration
      The future's in Taiwan contracts
      733 76  -  Eiyoy high returns with MSCI Taiwan futures contract by Ml Mark Lee The writer is Simex vice president, business development THE Singapore International Monetary Exchange (Simex) launched the MSCI Taiwan Index futures and options contracts in January this year, providing investors with the opportunity to
      733 words
    • Article, Illustration
      What about investing for income?
      111 77 The investment tradition in Singapore is to pursue capital gains, rather than income. That's all very well during times of sharply rising share, and property prices. But what happens when these markets consolidate, or even go into reverse? It may be time to give some
      111 words
    • Article, Illustration
      It's time to look beyond capital gains
      1048 77  -  With retains from property and equity slowing down, fixed-interest debt securities may become more attractive E Louis Beckerling The writer is a senior correspondent with Business Times CULTURE and circumstance have combined in Singapore to produce a community of investors with a distinct
      1,048 words
    • Article, Illustration
      Lock icon Consider this' Cinderella' as an investment option
      779 77 It's the little-known, under-researched, and seldom-traded loan stock By Louis Beckerling BROADLY speaking, companies may raise new capital in the form of equity (by way of issuing new shares) or debt (by borrowing money). Then there are various combinations of the two, such
      By Louis Beckerling  -  779 words
    • Article, Illustration
      Asian bond market is coming of age
      898 78  -  bvPI Philip Kimball The writer is the fixed income portfolio counsellor cu Citibank Private Bank Investment Services Unit EQUITIES, bonds or cash? the single most importantßctor in determining the and risk of an investment portfolio. Most investment counsellors will recommgnd a certain asset
      898 words
    • Article, Illustration
      Private banker looks beyond mega-rich
      426 78  -  Private banking definitions have more recently been revisited by?' Stephen Richards Evans The writer is country head, Singapore, Lloyds Bank Private Bankers ONCE considered the preserve of the mega-rich, private banking is increasingly catering to a new breed of high net worth individuals in Southeast
      426 words
    • Article, Illustration
      For the late bird, there's no worm...
      111 79 It is tempting, in the present troubled times, to take a deeply pessimistic view of recovery prospects—both for Singapore, and the region at large. That way, you will escape the disappointment of unfulfilled expectations. But then again, you will also miss out on
      111 words
    • Article, Illustration
      Taking a positive look at the turmoil
      1615 79  -  The current situation bodes well for the Singapore economy. As for the property market, things are not as bad as they seem bvC Christopher Chong The writer is managing director and research director of HSBC James Cape I Securities (Singapore) Pte Ltd ONE
      1,615 words
    • Article, Illustration
      Lock icon Mexican crisis revisited
      682 80  -  It was a govt policy programme which regained the trust and faith of investors that aided Mexico's recovery By] Louis Beckerling The writer is a senior correspondent with BT. This article was updated and revised from an earlier version which appeared in BT on Sept 20 THE
      FILE PHOTO  -  682 words
  • Page 47 Advertisements
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      141 47 INSIDE EQUITIES Pq 2 -14 An investor's guide to the outlook for regional equity markets FUNDS Pq 16 -19 The Asian story has not ended; a new chapter is due to begin CURRENCIES Pq 20 21 A long road to recovery lies ahead PROPERTY Pq 22 26 To buy or
      141 words
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      85 48 Are you sitting comfortably? (You must be in Emirates' Business Class.) ■RF W Lg Comfortable? Our Boeing 777s boast one of the most advanced seats in the sky Pampered? There's a personal video, phone, fax and the finest champagne and cuisine. Impressed? We hope so. yW. elf Emirates THE FIN
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      Page 48 Advertisements Column 2
      217 48 4 r 1 ——j SSi "i i:» U tIA itt :.i < MARGINMK? 1 SHARE FINANCING j i i s i t v 1 :l« .i* >v- M ;s s*l 2*« I W| 1 <icr j <■•=»»*» j 5 V 2 Z 2 Jt =Mi ,vr I 2. >t*KM»k] J>x:r.
      217 words
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      351 49 r Centennial *9 TOWER r f. Main Lobby of Centennial Tower *2, fi yIM I J I ■H 9 I SEOB^,' .^fl |Fj lb A'- "t£f* k K g w»lk4Ub *ip* v I «B *j fe* H jg§B9BEa yaHHEragHHHm jn >^ LJ ~^^^b^' LI H iMMillmaßlM B F fIBHBHH i
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      123 50 MANY CAME AND THE GRAND OPENING DUE TO TRUSTED BUILDER AND RESPECTED REAL ESTATE CO. wamr~ Good Taste Is Always In Style Charming bungalow c/w 4 lovely bedrooms, separate living, dining, fully equipped beautiful kitchen surrounded with spacious family hall and casual meal area and also a cinema room for
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      Page 50 Advertisements Column 2
      235 50 IB USIB Ml! mrK] Befoie you invest |4X~ in property in Perth, P I II II LIBRARY r Mi Western Australia, call in II g q RjEHI to Plunketl Homes II *r? «».JfflU iw riHHMeii piJyOT MASTER SUITE Permanent 7 days a week 1 sr J |j office exhibition rooms.
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      652 51 IMPORTANT To upedite piease complete your latest pay slip or a letter from your stating your current salary. If you are self-employed, please your Income Tax Notice for years Applicants be Singapore Citizens or Permanent Residents. minimum gross income of SJ $0,000 per M I £I I annum and between
      652 words
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      190 52 4 Saxon artisanship and an in patience: even the Kaiser had to wait a Hp Topkapi Museum collection in Istanbul. Jjj (Photo: Hezarfen Fotografya Ltd, Istanbul.) sl^^i V Jtijr giashOtte </«A Ifs always worth the wait. (Eo^m The LANGEI. ifctl B* The first Lange watch of modern times. It took
      190 words
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      448 53 t Buy new furniture I Further your Jjjß your home Take up a new hobby Join a country club a vaca tion APPLY FOR A HONGKONGBANK MULTI-PURPOSE LOAN NOW... AND STAND A CHANCE TO WIN THE MULTI-PURPOSE HONDA ODYSSEY* There are many things to achieve in lite today. Home improvement
      448 words
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      343 54 I EARN UP TO 4%'p.a. I I You can use|fop|CPF savings for our Fixed Deposits. I Invest in two top ranked* CPF-approved unit trusts. I Flexible Fixed Deposit tenures and amounts I I to maximise your returns. I "v- Jgbsgj:: fIMHRHHMMMHHHNHHRBNHPisiIi PHI Bi --k— Now, higher S$ Fixed Deposit rates
      343 words
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      256 55 Best Performer At The iqq6 Fund Of The Year Awards. I ii in United Asia Fund United Growth Fund UniFund Best performer in the regional funds Best performer in the Singapore funds Best performer in the Singapore/Malaysia funds category over a three-year period. category over a three-year period. category over
      256 words
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      95 56 Cash For Your Shares EXPRESS SHORT lOAR* INTEREST RATES SHARE lOAR- A|||A||U||| 1 SINGAPURA 3 months *25% BUILDING SOCIETY LTD Providing Financing for a Richer Tomorrow Instant approval for loan Base lending rate amount up to $50,000. is currently 6.625% Ang Mo Kio Tel 458 4222/458 4333 hr-z —J -Beach
      95 words
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      Page 56 Advertisements Column 2
      111 56 Ib prv ra HHHHHft/Veic No-hassle tAow you can cash in on all the great money-making I I'll like to find out more about opportunities. With Hong Leong Finance and Singapore Finance's j New Neit No-hassle Credit Plus, you can get a credit line of up to $300,000. All vou need
      111 words
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      460 57 UNITED 6HBM nCHHOUCT i ■ii" ==SBW_ ssaagMi^ flißiffiiim BliWlllißiiiiWM r ■HMfIIIHIIIIHa m^HinnnH 1 Invest in the future of technology WE E U ,,ED 1 01 BEHIND YOU Over the past two decades, few industries in the world have shown the pace ROBERTSON STEPHENS. An experienced team of investment managers based
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      70 58 jfeir Win fI A) SK WV/ I IW/ V w i isXA[ ■>#\ B Y A J V lllllillllllllllilllllil^^^lllllllliill^^ A I*" Everything you need in just one place for home decorations <& <^ I jacob delafon %2p WingTaj Asia Wing Tai Enterprises Pte Ltd j r WBr (A Subsidiary of
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      269 59 M I I H Mm 9 ■y^ M WW A kH Rnl RnJ M KrJ SKJ Rv^ WW mr 1% THE MOST WELL-KNOWN CARS 3 IN SINGAPORE ARE DRIVEN BY A PAIR OF WHEELS. No ordinary wheels, to be sure. Referred to as service, a Night Vehicle Deposit service for
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      272 60 M tr: j<- ,\> Bft Ife K* W Ss&f--ffjfc I 1 >*■■■'■* %S„ |V n Xutum^m' >:*: JSss3ffifc. it *rj';±suM.«.-«_. f ffln; S'.H'II!!,! j~jgj|: j|y;;:8 j| j .jjjjt jj; ;|^H>>; jj «in<9 tffbi' i&lnh MM *'r UU mil-Sir iiipiiiiiln ilfn.iM r< JBlJjjjUfl j^WlMßi|!»j^|[ll ?f^E^BH^BBHBMBBISpiiIMIMB«B|BPjBPB|BBpiipj^ Pebble Bay. The masterpiece is ready.
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      391 61 P BL- Wp- 1 ■■Hk jf 1^ P yV '1 V s if E.v^c^atS^S^F f tlr- wl T- D ty jags: qy» 3L> ig^ fr 1 J± ||W .y* J^^pP^gK Shouldn't your CPF savings be working as hard increase your premium, even top up your investment that will grow your
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      209 62 G o Worried About Multi-Scan Projection? g.f. Never Suffer From It 1 /H u The ~ev. easy :c use high performance Sony 533". p r o;ectc r randies signa:s with a -•O':ZG~t3 •'■equsncy of 15 to 54kHz -eccc-c rc cysta: c:ear images from video s g'-2 S. g~t --G to
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      292 63 </$.. ■>... |lg --i™ I IMH Mgv w'm W% ou nee< t0 financially contented. You need to T TVI provide for your family's every comfort. You need to rUluKli I You need a solid financial strategy. Now. \kj Depends On How A flexible whole life insurance policy which lets you
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      184 64 I Western Australia? I Enjoy a secure stable economic environment. Buy now at the start of a new property cycle. Western Australia is poised for an up turn in property activity. Buy at today's prices while you can. Available now, high capital growth properties in East Perth, Ascot Waters, Burswood
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      227 65 I Now, We're I I Nicholas-Applegate Coital I I Management Asia. I With double the skills in a global network you can count on. H vk 11 11 11 11 m II 11 11 11 H 1 \l Jpp_ a 1 A I 1"1 ff^JH B B jlB 1 It
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      61 66 comprehensive A key investment factor is choice. Does it offer comprehensive coverage? When acquiring assets for my home, like buying my mattress, I followed the basics and ended up with a Simmons. Eng Howe asset manager i Discover, as many have, why a Simmons is the wisest investment SIMMONS decision
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      315 67 MS* v V. jds Rh wJfl r^MT&z^xnE&*fT^^^UK^^^mKm£w3K b U m' |E?F '"-wMlMßm^^^M'^Bi^^^—M x r jF^^^MK^ Jffr^rT^WlW^^^KffxSsjffßlffMftHffrarjMHilfl^^^Bi J^|M| m —j ak^JMBMB^^B 3s* jhm Ik jgp»|yL n?«p UH&BIBAH ..;< f &#'&.*<ss **i>v J|' K ■i ll'f sill i11.".H A f l■]-Jl nilf 15 _MH |I,jr f■» ki[■ I-lb ir- s*. mt r
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      208 68 HHHHH MMIH HHHi IHHv HH Overseas Property Finance from National Australia Bank is To find out how National Australia Bank Asia can tailor an designed to offer you simple and flexible ways to purchase Overseas Property Finance solution to meet your needs, or refinance properties in Australia: call toll-free on
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      214 69 NNOVATIVE mpi el Provision for children's future: I ICS education plan SO I I I I I Comfort for golden years: ICS Retirees' Plan Founded in 1969, ICS Insurance has pioneered many innovations to emerge as one of Singapore's jf3l leading insurance companies. ty? i e now P rotect l^e
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      61 70 solid backing Before investing, ask what kind of company you are buying into. Are fundamentals strongl Is the company well-backed! Reliablel The answers often come to me on my Simmons bed. Gan Boon Teng investment specialist i Discover, as many have, why a Simmons is the wisest investment SIMMONS* decision
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      366 71 '^^j|^vv7'ffi^&^aggfi£gEE£p Use the money above to get extensive life assurance coverage. Get the best of both worlds with UOB Life Link Enhanced Investment Mail or fax us the reply coupon for a brochure. For more information, AT UOB LIFE,"U"COME FIRST Plan. With the opportunity to invest with UOB Asset Management
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      56 72 low risk To reduce the risks of back problems, it is imperative to sleep on a mattress that provides critical spinal support. My mattress? Oh, a Simmons. Lung Wei Na physiotherapist i Discover, as many have, why a Simmons is the wisest investment SIMMONS decision you will ever make. Call
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      179 73 MS ■m nv fcrSTf t 1 MBfffc i VNi^wlM ir> T^7 ;v j WSm, J ■£hKU EsplMM; V«B BnaHKS mSL ip h ;i? hhh||bBh^^^^^kL MJ p| 'S^II^IBVf kSa j *a ABSOLUTELY NO RESTRICTIONS ON RE-SALE FOR OVERSEAS BUYERS 17.1 J rare combination of investment, lifestyle and education. Full I.T.R. status
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      299 74 CI MEM gp »C 1 s&SBl BP. ill EB ■ctssssg?*- KjSSisSS H H HEART of Perth, imi HI r *L ~SK:SEBn: SMS WrtfSßt 11 1 I ***** SBfl B Nestled between King's Park, the River, and the City, Q 19 A Million Dollar Location From Only $193,000. Kfl d irst
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      184 74 •7o„ FINANCE ON AUSTRALIAN PROPERTY PURCHASE, TALK TO SPECIALIST MORTGAGE. I As independent finance consultants in Singapore, Specialist Mortgage are experts in I arranging finance for your Australian property purchase. We have been servicing the needs of I Singaporean investors for over four years and if you have attended an
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      908 75 HSfM ReT ~^r ,i v.- IS^i jmS&klmF' 1 ti^F-M A w lb W« 111), VUU worth fP Leaderi Fund.i^^C<*//17* New/ purchase Da/e.* Dec 1997 I C/l/96 -12 t^^J|B^ J Keppel Global Leaders Fund has grown by 21.6% in just 10 "IT" T7T&T&T7T How Do You Start Investing months as at
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      345 76 I Ride on the potential of the Keppel New Equities Growth Fund. t The KEPPEL NEW EQUITIES GROWTH FUND (The Fund) is an open-ended The initial subscription must be a minimum of 1,000 units. unit trust that invests in initial public offerings and newly listed stocks and The Fund will
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      146 77 Actual view from Lincoln Square H» MILLENNIUM PARTNERS' LINCOLN SQUARE Sotheby's International Realty is pleased to present Manhattan's most luxurious new residential buildings H[ in one of the city's most dynamic neighborhoods One block from Central Park mmm m Close to Upper West Side shopping and entertainment facilities lv ftfHR
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      127 78 jjjj| r\y viv njpi I V it, m riyj 1 gaff r»*iTf wA;n\ I MANAGED PORTFOLIOS FROM j 5550,000 I i *3 For the first time, with just 5550,000, you can have your own The specialists will constantly track and manage your investments personal asset manager and access global investment
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      47 79 Jjtfc i Our keys to success are varied your needs. a Private Banking In Singapore, please contact Mr Low Teo Ping on Tel: (65) 431-8788 *WISS BOIIK or Mr Otto Vogt on Tel: (65) 431-8864 or Fax: (65) 431 8824. Your key private bankers. Corporation iff At
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      293 80 !^T£sai Where Others See :^W Obstacles, v j» «11 I I Bpfevi We See Opportunities. t g| >^^pP lr^^^^^^^^_j^iWWW jfiLl3^^^Hii£pF^^BFl|j^Bi^J^3fci gßMHMl^^MC.S^^-^^y^*?|JKtj^^ SSi* i j^?^T**^Bi^iMi^^^^^MKii«^T^^Mii)^M^Bllk^^^^^^.HP^K ■MM(|BWlwp^^KSß^Ea!M^^' fc ff ,lf 7®E^. TBrjLahdiTiV- "^^Wf? 1 S HI 1 v^ypy?®^?i^^BM^^nMl »-r.., -3? I s B K v' BS 3 l W~ »p ?Srir. i^HwrsCSBHI
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