The Business Times, 8 November 1997

Microfilm: NL21049
Total Pages: 24
1 24 The Business Times
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  • Title Section
    Masthead
    21 1 THE BUSINESS TIMES MITA (P) 023/12/96 85c S I N G A P.O R E Internet: http://www.asial.com.sg/blztimes WEEKEND EDITION, NOVEMBER 8-9,1997
    21 words
  • Article
    MARKET SUMMARY
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  • Article
    FINANCE
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  • Article, Illustration
    Lock icon Home prices fall 4.4% in Q3, sales shrink 22%
    621 1  -  OUlpniaSHt more would-be buyers mnmmgwam battar bargains By Lee Han Shih [SINGAPORE} The number of private housing transactions fell 22 per cent in the third quarter, indicating that more would-be buyers are staying on the sidelines of a falling market. Prices
    Source: URA  -  621 words
  • Article
    Govt will not reverse decision to liquidate banks: Suharto
    457 1  -  Affected partial told they can take, matter to court From S N Vasuki in Jakarta PRESIDENT Suharto yesterday asserted the government would not reverse its decision to liquidate 16 banks and asked those affected, including his son and half-brother, to take
    457 words
  • Article, Illustration
    Tenaga's RM1.3b translation losses pull it into the red
    778 1  -  From Eddie Toh in Kuala Lumpur NATIONAL utility company Tenaga Nasional bit the bullet and announced a worse-than-expected 1.29 billion Malaysian ringgit (*****.6 million) in foreign exchange translation losses, pushing full-year earnings into the red with a net loss of RM140.6
    778 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      75 1 SN[|nft*lL2% Slay Holdings yesterday reputed an iL3%-rk» in ywr and profit in SSkfcn, P|T Sjjgj local investors •ecoou kxjk at tne npn. ThflPJ to lttuch to choo«t from and after the recent bloodbath, several are P*3 KfnpartyyrkM noopi|OQ| tyeouns are i -1 *-1 1 pnOBOOI QUU irffKlrfiTlll IKSGflcty prioet will
      75 words
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      Page 1 Advertisements Column 2
      70 1 t I I I smiting foiling [TOKYO] AJloor trader at the Tokyo Stock Exchange taking a breather yesterday as the market's benchmark index dived below the 16,000-point barrier to hit its lowest level in two years. The Nikkei-225Average crumbled by 697.51points to close at 15,836.36, provoked in part by fears
      70 words
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      Page 1 Advertisements Column 3
      76 1 Get the Saturday BT at home Wtmt to get The Business Times delivered to your home only on Saturdays? BT has just launched a special home subscription for the weekend edition. And we're throwing in eigjit Motorola Stai'lbc 80 handphones to be won by lucky subscribers who sign up before
      76 words
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  • SINGAPORE AT HOME & ABROAD
    • Article
      Bishan 8 buyers fewer than earlier thought: industry data
      479 2  -  Seme buyers migjit have changed their minds, industry seurcess&y By] Diana Oon BISHAN 8, the most expensive suburban leasehold condominium launched to date, has apparently attracted fewer payers than previously thought, going by data compiled by the Singapore Institute of Surveyors
      479 words
    • Article
      Regional businessmen ask Apec to tackle currency instability
      630 2  -  Tk&f want stronger financial markets, better capital access Qy Yang Razali Kassim TOP Asia Pacific business chiefs, worried about a slowdown in economic liberalisation due to the recent currency. turbulence, want Apec •Jatdarato strengthen regional ittafrcial markets and ease ac"yjesc to capital.
      630 words
    • Article, Illustration
      Lock icon New Jags cheaper than previously
      343 2  -  By Christopher Tan IN the market for a Jaguar? You can pick up a unit of the latest model for less than what its predecessor went for. Malayan Motors yesterday unleashed the new breed, first to be equipped with V 8 engines, with subsidies of
      CHRIS LOH  -  343 words
    • Article
      Vehicle inspection fees to be increased
      172 2 VEHICLE inspection fees will go up for the first time in IS years for some categories with effect from Dec 1. Vehicle inspecting company Vicom indicated fees win rise 25 per cent to 62.5 per cent, depending on the category. This will be the
      172 words
    • Article
      Jurong Island investments to boost chemicals sector
      424 2  -  Chemicals'share t( manufacturing output U rise to 30-35% in 2003, says EDB chief By\ Ronnie Lim THE spate of new investments at Jurong Island will significantly boost the£Bemic&ls sector's share of manufacturing output to 30-35 per cent iiv 2003 when moat qLD& plants
      424 words
    • Article
      Shell launches new XO petrol tailor-made' for S'pore market
      410 2 out- top-doUar-fer- a-claimed petrol, Shell yesterday "soft-launched" Its new -XO unleaded- 98-octane grade, 'retailing at an '*XO" price of 133.7 cents a litre, or a fUll 10 percent higher thairthe usual unleaded 98 octane grafts herb. Th 6 XO (which stands
      410 words
  • Page 2 Advertisements
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      264 2 WISATBER I. 11l II I Illjilfcw h 111 rl 1,1. MMMMfltewßrrwtth thnnder inthe early afternoon mainly over the Northern, Westernand Eastern Shifapor* Temperature (30-24) IHIM 'SB '*55L nm Shams Buraus Ara &tli Ml f;ggr==K S3 as. -as---as .mm .-.-.aymo*mm iflß L A f7/n i ch s**— 25 r MM riMT
      264 words
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  • FOCUS: PERSONAL FINANCE & INVESTMENT
    • BULL'S EYE
      • Article, Illustration
        BT Sentiment Index
        590 3 Figures denote number of respondents Those polled for their view on the Singapore Mock market outlook for next week were. Alltanra Securities BZW. Deutsche Morgan Grenfell. Daiwa Securities. Fraser Securities. CK Goh. ING Barings. Mer rill Lynch. One Co. Phillip Securities. SBC Warburg. Indosues WT Carr United
        590 words
      • Article, Illustration
        In My Opinion
        410 3  -  Warwick Negus Goldman Sachs Singapore (inn HE decline and fall of I Asian markets this X year has delivered a harsh message to investors when you invest in emerging markets you are taking a big risk. The bigger the risk taken when investing, the greater the chance
        410 words
    • Article
      Many Asian funds going for a song
      972 3  -  After the recent turmoil, values are emerging in regional funds but investors should know what to look out for By\ Shiv Taneja (SINGAPORE] After piling into unit trusts that invest globally for the better part of the year, local investors would do well
      972 words
    • Article, Illustration
      Lock icon Depressing mood in Thai market
      655 3  -  BTB OX THE REGION: THAILAND But analysts ay energy, banking stacks are stffl w«rtk baying From Harish Mehta in Bangkok IT IS easier to draw blood from stone than to get a Bangkok analyst to recommend more than a half-dozen good stocks. The mood is
      FILE PHOTO  -  655 words
    • Article
      JIT seen cheap but not in tier of NEL, Venture
      452 3  -  By Jennifer Lien [SINGAPORE] Subscribe to JIT Holdings, although the stock will unlikely hit the PEs (price-earnings ratios) enjoyed by listed competitors Nat Steel Electronics (NEL) and Venture Manufacturing. This is what most analysts say about the mainboardbound contract manufacturer,
      452 words
    • Article
      Unit trust performance ranking
      962 3 Next publication date: Dec ft 7 i i-i 1111 1111 *Mm i i i ii i iii' ii i» i i i m; 1 11 ■aim Whliwii mm 33 «i 4M -am a 4ut i *****T**w5* 0C8C«J!<WT -IOB i MJ6 «77 s -2771 7 -*36 4
      962 words
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  • MARKETS IN TURMOIL
    • Article, Illustration
      Lock icon Nikkei loses 4% on fear of stock sale by banks
      508 4  -  From Anthony Rowley in Tokyo THE mixture of gloom and hysteria gripping the Tokyo stockmarket took a savage toll yesterday when share prices plunged by more than 4 per cent to their lowest level in two years. The crash appeared
      Source: Bloomberg  -  508 words
    • Article, Illustration
      Lock icon Korean central bank puts bad debts at 50.7t won
      453 4 Sticks suffer biggest drop and currency near record law Bloomberg [SEOUL] The South Korean central bank moved to restore confidence in the country's financial industry after stocks suffered their biggest drop ever. The benchmark Composite Index fell 6.9 per cent, plunging
      Bloomberg; REUTERS  -  453 words
    • Article, Illustration
      Lock icon IMF says HK's in good health, praises fixed exchange system
      701 4  -  But Bang Seng plummets 3%; Tsang plays down slower growth forecast Reports by Loh Hui Yin in Hongkong THE International Monetary Fund has given Hongkong a clean bill of health for its economy and a strong endorsement of its fixed
      REUTERS  -  701 words
    • Article
      Call to improve disclosures by banks
      275 4 WHILE Hongkong's banking sector would be able to withstand the recent financial market turmoil, it could do with more disclosure and transparency to reduce market uncertainty and contagion, said the International Monetary Fund yesterday. "Measures that could build on the considerable progress already achieved
      275 words
    • Article
      Lock icon Seoul doesn't need financial rescue plan, says IMF chief
      316 4 Bloomberg [PARIS] South Korea doesn't need a financial rescue plan like those arranged for Thailand and Indonesia, said the head of the International Monetary Fund. The IMF is watching the Korean situation closely, and "there will be a plan made available,
      Bloomberg  -  316 words
    • Article
      Lock icon M'sia central bank sees need to keep interest rates firm
      515 4 Infhtiffn pressures, uii'itucy woes make restraint necessary Reuters [KUALA LUMPUR] Malaysia's central bank governor said yesterday that there was a need to keep interest rates Arm due to currency turmoil in the region and inflationary pressures. Bank Negara governor Ahmad
      Reuters  -  515 words
    • Article
      Western designs may scuttle new Asian monetary facility
      497 4  -  From, Anthony Rowley m Tokyo DEPUTY finance ministers from a dozen Asia-Pacific nations will meet in Manila this month to try and agree on a formula for a proposed new Asian monetary facility. But what some see as attempts to "hijack" the
      497 words
  • Page 4 Advertisements
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  • REGION
    • Article, Illustration
      Lock icon Chuaris party surges ahead in race to form govt
      526 5  -  BANGKOK By] Harish Mehta MUSTERING a strength of 213 MPs in its emerging eight-par-ty coalition, the Democrat Party of former premier Chuan Leekpai pulled ahead in the race to form the next Thai government, boasting a lead of 31 MPs over
      AFP  -  526 words
    • Article
      Power tariff struggle in Indonesia
      517 5  -  JAKARTA Private power firms trying to stall govt more to renegotiate deals, lower rates By S N Vasuki PRIVATE power firms, which are investing billions of dollars in new projects in Indonesia, are desperately trying to stall a government move to renegotiate power tariffs. Though
      517 words
    • Article, Illustration
      Lock icon Slow boat to nowhere
      54 5 [DHAKA] A Bangladeshi villager taking a rest on his boat lying idle on theßuriganga river near Dhaka yesterday. Hundreds of boatmen Have become virtually jobless as the river started subsiding at the end of monsoon, allowing many residents living on the river's bank to walk through
      REUTERS  -  54 words
    • Article
      Lock icon Pagers upset air traffic in China
      199 5 BEIJING AFP PERSONAL pagers are wreaking havoc with China's air traffic control and officials were inspecting transmitters and will dismantle those that cause problems, the official China Daily said yesterday. More than 40 million "beepers" are in use in China, where there is a
      AFP  -  199 words
    • Article
      Lock icon HK tycoons expect home prices to drop by 10-20%
      339 5 HONGKONG AFP LEADING tycoons expect Hongkong's residential property prices to drop by between 10 and 20 per cent on the back of rising interest rates, reports here said yesterday. Li Ka-shing, head of Cheung Kong (Holdings), told reporters he believed prices
      AFP  -  339 words
    • Article
      Lock icon SEA bridge project to start in '98
      260 5 KUALA LUMPUR Reuters MALAYSIA, Thailand and Indonesia are to start work early next year on a 10 billion Malaysian ringgit (554.7 billion) bridge project linking the three nations, the national Bernama news agency reported yesterday. The announcement came after both Malaysia and Indonesia
      Reuters  -  260 words
    • Article
      Lock icon Suharto reverses decision to delay US$2b projects
      356 5 JAKARTA Projects among USsl7b contracts postponed In Sept in belt-tightening mm Bloomberg INDONESIAN President Suharto has reversed a September decision to postpone development of four private power plants and other projects worth US$2 billion (Ss3.l billion). The four power projects include a US$55O
      Bloomberg  -  356 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      178 5 '!i A JIT HOLDINGS LIMITED Incorporated in the Republic of Singapore on 2 April 1997 V* JT < TU %c 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
      178 words
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  • REGION/WORLD
    • Article
      Lock icon US jobless rate at 24-year low; labour costs up
      428 6 WASHINGTON Bigger than expected rise in jobs, hourly earnings seen poshing bond yields higher Bloomberg THE US added more jobs than expected in October, as the unemployment rate fell to a 24year low and labour costs accelerated, Labour Department figures showed
      Bloomberg  -  428 words
    • Article
      US House adopts anti-China bills
      554 6  -  WASHINGTON Defence Secretary starts East Asia trip next week By] Leon Hadar BY AN overwhelming majority, the US House of Representatives adopted on Thursday several bills aimed at punishing China for its alleged sale of missiles to Iran and Pakistan, and to deny entry into
      554 words
    • Article
      Lock icon Threats loom over UK's strong economic performance: IMF
      351 6 WASHINGTON Strong surge in domestic demand may hurt UK expansion Reuters THE International Monetary Fund (IMF) on Thursday called Britain's recent economic performance "impressive" but warned that a surge in domestic demand and a strong pound threatened the five-year-old expansion. "During the
      Reuters  -  351 words
    • Article
      Region's exports to UK seen soaring with strong sterling
      374 6  -  LONDON By Neil Behrmann AMID the financial woes besetting South-east Asia, a silver lining has emerged exports from the region to Britain will soar because their currencies have depreciated by an even greater extent against sterling than the US dollar, say
      374 words
    • Article, Illustration
      Lock icon Double take
      49 6 [GENEVA] Two-headed female turtle Janus toddling around in the Natural History Museum in Geneva, Switzerland, on Thursday. Janus was born on Sept 3. Her two heads operate independently, so Janus consumes lots of salad every day. At the time of her birth, Janus weighed 15.35 grammes. AFP
      AFP  -  49 words
    • Article
      Lock icon Kim quits ruling party before presidential election
      295 6 SEOUL Reuters SOUTH Korean President Kim Young Sam quit his governing New Korea Party (NKP) yesterday to ensure a fair presidential election and concentrate on running the country, his spokesman said. But political analysts said Mr Kim had in fact jumped into a
      Reuters  -  295 words
    • Article
      Lock icon 3 Aussie ex-premiers brand Hanson an uninformed bigot
      201 6 SYDNEY AFP THREE former Australian Labor prime ministers yesterday accused anti-Asia MP Pauline Hanson of being an uninformed bigot and "an accident of the electoral system". Bob Hawke, Paul Keating and Gough Whitlam warned that Australia would jeopardise its economic well-being if
      AFP  -  201 words
    • Article
      Lock icon Economist is new chief of India's central bank
      141 6 NEW DELHI AFP BIMAL Jalan, a former World Bank official and a senior Indian economist, was yesterday appointed the next chief of the country's central bank. Finance Minister Palaniappan Chidambaram told a news conference that Mr Jalan, a former chief of India's
      AFP  -  141 words
    • WORLD Watch
      • Article
        Lock icon Fed striving to be more open
        59 6 Bloomberg [FRANKFURT] US Federal Reserve chairman Alan Greenspan said yesterday the US central bank is "struggling" to And a way to be more open in the way it conducts monetary policy. "We are struggling to find a more transparent sphere of activity," he said
        Bloomberg  -  59 words
      • Article
        Lock icon Iraq says it's ready for talks with UN
        78 6 Reuters [BAGHDAD] Iraq said yesterday it was ready for "constructive dialogue" with the United Nations,but did not budge on Baghdad's ban on Americans takingVart in UN arms inspections in Iraq. As a UN mission leftjftg* Iraqi Deputy Prime Minister Tareq Aziz deplored
        Reuters  -  78 words
      • Article
        Lock icon Accept draft pact, French trackers urged
        73 6 AFP [BORDEAUX] The leader of the biggest union in the French truckers' strike yesterday urged acceptance of a draft accord. Nicole Notat of the pro-Socialist CFDT union said the strikers "risk losing everything" if they hold out for more. Meanwhile a CFDT negotiator said
        AFP  -  73 words
      • Article
        Lock icon Seat for UK in EU central bank?
        51 6 AFP [LONDON] British Prime Minister Tony Blair and French Premier Lionel Jospin agreed yesterday that London would have a seat in a future European central bank "as soon as" Britain joined the single European currency. They were speaking at a press conference here.
        AFP  -  51 words
      • Article, Illustration
        Lock icon A stamp for Diana
        69 6 Reuters [SARAJEVO] The Bosnian state postal company issued on Thursday a stamp in honour of Diana, Princess of Wales, who visited the country on a humanitarian mission three weeks before she was killed in a car crash. Some 100,000 copies of the stamp, which has a
        Reuters  -  69 words
      • Article
        Lock icon US$800m fake bonds: several arrested
        53 6 Reuters [LONDON] London police made several arrests on Thursday in the city's financial district over a US$BOO million (Ssl.3 billion) fraud involving US Treasury bonds, the Press Association news agency said. The police operation involved the deposit of bonds thought to be fraudulent into a
        Reuters  -  53 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      105 6 POOMESBUET By Garry Trudeau UJUL. 8.D.. HERS* VOUR 111 I'M 6CJRSI II §|J T D&VT I CONTRACT. LOOK(TOI/BR, PONTUWSWT&U gl I 5M5/V/T eerrr back to n\ you how import- Wfc sixbmes. /went ANT IT &TV 66T IBH 1 TM SORRY CUE CANT OFfBR WU*\ THEREt JUST WO MUCH YES, ANP
      105 words
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  • COMPANIES & MARKETS
    • Article, Illustration
      Lock icon One-time write-offs limit SPH profit rise to 11.2%
      622 7  -  Lower newsprint prices, rise in advertising revenue lift turnover by 7% Heportsby R Sivanithy [SINGAPORE] Media and property group Singapore Press Holdings yesterday reported a year-end profit of $342.16 million, an 11.2 per cent rise that was slightly below expectations, but upped
      LIANHE ZAOBAO  -  622 words
    • Article
      No urgency to scrap dual listing: chairman
      196 7 [SINGAPORE] There is "no urgency" to merge Singapore Press Holdings' local and foreign share tranches, the group's chairman Lim Kim San said yesterday. Asked whether SPH would scrap its dual listing, Mr Lim said: "It's under consideration and we're studying all the issues
      196 words
    • Article
      Why didn't Auric reap profit from its Bank Niaga stake?
      857 7  -  HOCK LOCK SIEW Louis Beckerling PITY the poor minority shareholders of Auric Pacific. They have seen an unrealised capital gain of an estimated $34.9 million on an investment in an Indonesian bank turned into a paper loss of around $17
      857 words
    • Article, Illustration
      Progen sees edge in having a S'pore factory
      395 7  -  Higher sale price of products made here outweighs land costs Reports by Jennifer Lien [SINGAPORE] Singapore may be a relatively expensive location for a factory, but having a "Made in Singapore" tag on some products can be more than worth the extra
      395 words
    • Article
      DBS to reduce retail tranche of next 2 IPOs to 'bare minimum'
      242 7 [SINGAPORE] DBS Bank is keeping the retail tranches of its next two initial public offerings (IPOs), Progen Holdings and Transtech Electronics, to a "hare minimum" due to the market's current poor sentiment. "In this kind of market, it
      242 words
    • Article
      Electronic Resources suspended amid talk of US tie-up
      272 7  -  By, Jennifer Lien [SINGAPORE] The shares of chip distributor Electronic Resources Ltd (ERL) were suspended yesterday pending an announcement, rumoured to involve the sale of a large stake to a leading US computer distributor. Sources told BT that US distributor Ingram Micro,
      272 words
    • Article, Illustration
      Lock icon Peter Tay found guilty of conspiracy to cheat
      581 7 The Straits Times [SINGAPORE] One of the foursome involved in arranging Amcol Holdings' botched Mauritius deal Peter Tay Huay Hong was yesterday found guilty of conspiracy to cheat. Tay had conspired with others to cheat Amcol into investing U5539.6 million (5562.23 million)
      The Straits Times  -  581 words
    • Article
      Rothmans' interim group profit up 16.2%
      339 7  -  By. Abdul Hadhi [SINGAPORE] Cigarette company Rothmans Industries yesterday reported a 16.2 per cent rise in interim group net earnings to $28.78 million. With such a set of figures for the six months ended Sept 30, the group looks on course to meet analysts'
      339 words
    • REGIONAL COMPANIES
      • Article
        Temasek, HK Land up stakes in China water unit
        418 8  -  They spend USslom each to raise stakes in China Water Company to 40% each J From i Quak Hiang Whai I in Hongkong i SINGAPORE government in- vestment arm Temasek HoldS Ings and its partner Hongkong Land China Holdings have increased
        418 words
      • Article
        Pertamia decision on Natuna gas for S'pore plants by Dec
        343 8  -  hiitesiaiK til firm given a deadline, says SanbCerp chief w Ronnie Lim [SINGAPORE] The ball is now lii Indonesian oil company Pftrtamina's court regarding Singapore's plan to buy natural gas from West Natuna for power stations and petiV- v chemical
        343 words
      • Article
        Freight Links chief cuts stake in group
        151 8  -  Byi Abdul Hadhi [SINGAPORE] Freight Upks Express Holdings chairman David Lim Teck Hiang, a substantial shareholder who usiMl to aggressively buy up shares; has reduced his stake in the I company. In a brief statement yesterday, the home-grown logistics group said Mr Lim
        151 words
      • COMPANY Briefs
        • Article
          SingTel associate AAPT debuts strongly
          150 8  -  Russell Baker ISXPNEY] Shares in Singapore Telecom associate AAPT Ltd finished their first day's trading on the Australian Stock Exchange yesterday at a healthy 18 per cent premium to their issue price. Despite big Calls In share generally, AAPT shares closed at As2.l8 —or 33
          150 words
        • Article
          Armstrong Industrial in property venture
          109 8 {SINGAPORE] Armstrong Industrial is joining a $360 rtrt»6irVdfflUre to build an industrial building at Old Toh Tuck Road/PIB (UluPandan). It will take alO per cent stake in Soon Lee Realty, with Sin Soon Lee Realty Company (Pte) Ltd taking the remainder. Soon Lee will develop
          109 words
        • Article
          Sembawang Marine in deal to sell vessel
          70 8 [SINGAPORE] Sembawang Marine Logistics yestowCy signed a memorandum of agreement with Saibos Costrucoes MaiWnapp sell its vessel Seahorse /to the latter for million). The company said the sale is of its salvage transportatiotQMpjph. The sale will yield jm estimated -v pre-tax gain, nstsfiwpenses,
          70 words
        • Article
          Goldtron changing financial your-end
          26 8 [SINGAPORE!] Goldtron is changing its flnanAal yea£-en£ t to March 3J. The next financial year will cover Jan IfIWT? to Mar 31,1998.
          26 words
        • Article
          CMB unit in related party transaction
          48 8 [SINGAPORE] CaraaudMetalbox Asia said its sulMftfliipy'? CarnaudMetalbox Co Ltd (Beijing CMB), transaction is a related party ii nftll''Mff UIV M 1 TP rr w 18 P of the US operations of Inc. which is also CMB's ultimate the calendar year including J
          48 words
      • Article
        Temasek Holdings not a regular client of RMG
        46 8  -  Tan Sien r *7Ss2Sfii Temasek HotiShtts buys HK practice for is *1 regylar clleoCbf-the Raffles «aef Medical QQlUjJ{UU|!!BEtt(l not the case. We aim IBUk' V fwlmt 90 that the Rartsaftedkal Group is not on our.paMfb? doctors for our
        46 words
      • Article, Illustration
        Lock icon Seeing into the future
        70 8 [HONGKONG] A visitor at Hongh pom'iAsia Belm4ca9ts7 conference gettin*9ersonally involbedyestgg^WpQion^tSisj{iHktiW%'ititttlßwferencing exhibit as aSocal Chinese fortune tellertnopptttxttot yrjr>nn; utilising the rapid ctfriges dominatii communications and broadcast technaieeies, HomgSmghas established itself as the leading technology hub InA&L immr&ay, Hongkong Telecom reported a net profit rue of 11.5 per
        AFP  -  70 words
      • Article
        Lock icon Makindo IPO to go despite poor marketer
        327 8 Bloomberg {JAKARTA] PT Makindo, Indonesia's biggest brokerage, couldn't have picked a worse time to go public. The December initial public ottering through which Makindo expects to raise 480 billion rupiah (***** million) comes as Indonesia's brokers are being beaten dowilby a battered rupiah
        Bloomberg  -  327 words
    • FINANCE & COMMODITIES
      • Article
        Lock icon Prudential may buy parts of Thai Nava Finance
        425 10 Targets said to be retail stock business, research operations in Hongkong, S'pore Bloomberg [BANGKOK] Prudential Securities Inc may buy parts of Thailand's Nava Finance Securities pic, becoming the latest foreign firm to buy into that country's struggling financial industry. Talks between Nava
        Bloomberg  -  425 words
      • Article, Illustration
        Lock icon Bearish outlook for US$/mark
        376 10 USS/mark: The US dollar traded between 1.7130 and 1.7428 for the first four days of the week. Although the bearish tone set last week has no follow-through this week, the overall technical picture repains bearish for US$/mark. However, a short-term corrective upmove is possible with resistance
        Source: DBS Bank  -  376 words
      • Article
        Lock icon SBC says '97 profits clearly higher
        279 10 Reuters [BASLE] Swiss Bank Corp (SBC) said on Thursday it achieved clearly higher profits during the first nine months of 1997. "Both pre-tax and after-tax profit for the first nine months showed a significant improvement against the equivalent period last year," SBC said in
        Reuters  -  279 words
      • Article
        Lock icon Japan banks seen to keep cutting shareholdings amid bourse slump
        432 10 Reuters [TOKYO) Each time Tokyo's 225-share Nikkei average falls 1,000 points, Japan's top 20 banks lose a combined 2.5 trillion yen (5531.7 billion) in profits from their shareholdings, market analysts said. Hardly surprising then that amid a seven-year stock market
        Reuters  -  432 words
      • Article
        Lock icon Euroyen, Euro$ firm as stocks slide
        232 10 SBBBLReport Reuters {SINGAPORE) Simex Euroyen and Eurodollar futures held firm but broke no new ground yesterday as key Asian stock markets headed downhill again. Tokyo stocks were among the worst hit, closing down 4.2 per cent on deepening gloom about the economy. Hongkong stocks
        Reuters  -  232 words
      • Article
        Futures under pressure on currency concerns
        155 10  -  MSCI TAIWAN FUTURES Perry Gilbert day. Perry Gilbert, vice-pres-ident, Refco Singapore Pte Ltd. [SINGAPORE] The Simex MSCI Taiwan Stock Index futures contract came under pressure yesterday as currency concerns reemerged as a problem for Taiwan's exportdriven leading firms. Institutional selling drove the market to
        155 words
      • Article
        Lock icon Oil prices up on Iraq-UN standoff
        246 10 ENERGY REPORT Reuters (LONDON) World oil prices ticked a little higher yesterday as traders kept a wary eye on fresh developments in the standoff between Iraq and the United Nations over weapons inspections. Dealers said concerns that the row might escalate were countering ample
        Reuters  -  246 words
      • Article
        Lock icon CURRENCY REPORT
        274 10 AFX-Asia, Reuters THE US dollar was off its highs, but retained a firm tone against the yen, while it traded lower against core European currencies and the Swiss franc which benefited from safe-haven flows following further turmoil in Asian equity markets overnight. An analyst said the yen is
        AFX-Asia,; Reuters  -  274 words
      • Article, Illustration
        Untitled
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        512 words
    • Article
      COMMODITY PRICES
      1570 11 uouaruTuitss Nm7 i m~» 1 WW tMwii wm JOB* KSICOIITtACTtSw**) DOM Mm* <*» w» U» Srtt ft»n> UNWrt OK fl 132.75 MO JwN 06.50 136.50 0475 MO 1720 *090 137.75 1720 *r 90 MO.75 1720 Apr/JwM 144.75 ***** J8tfc* 90 ***** 3075 Oct/fcc 90 154.75 2925 8SS 3
      1,570 words
    • Article
      WORLD STOCK MARKETS
      2176 11 10MXM ■wT to<86tri8>» hm 3IGroup 468 -2 At Paris 278 -4.400 AMoy National 949.400 -14.600 AMadSortiOCq 483 -12.400 Anwc 139 400 -1 AMI Group 196.400 -1 BAT In4 536.400 ***** BGPIt 264 -2 •ICC 164 -2 BOC Group 979 -34 8ft Petroleum 836.400 -24 BT* 250 49.600
      2,176 words
    • Article
      Lock icon TOKYO
      1601 11 AFP □muwas -07.51 JAPANESE share prices fell 4.2 per cent yesterday to a 28-month low amid worries over the stagnant domestic economy, the financial health of local banks and a sharp decline in the Hongkong stock market. The Nikkei Stock Average of 225 leading issues slipped below 16,000 for
      AFP  -  1,601 words
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      Lock icon HONGKONG
      1501 12 AFP Q Hug Seng 4UM SHARE prices recovered in late trading yesterday but still ended 3 per cent lower on fears of higher interest rates and worries of renewed attacks on the local currency. Sharply higher money market rates, jacked up to defend the local currency's peg to the
      AFP  -  1,501 words
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      Lock icon CHINA
      598 12 PShmhenßloiei -2JI THE Shenzhen B share market closed lower yesterday, hurt by a steep drop in the Hongkong stock market. The B Index fell 2.69 points to 121.11 on turnover of HK$2B million against Thursday's HK$65 million. The A Share Index rose 6.21 points to 429.01 on turnover of
      Source: Credit Lyonnsis Securities(Asia) Ltd  -  598 words
    • Article
      Lock icon TAIPEI
      385 12 AFP nWPfaln -21M8 STOCKS fell yesterday, as sentiment was dampened by a possible devaluation of the Taiwan dollar and the weak Hongkong stock market. "Investors feared that the South-east Asian currency turmoil may expend to South Korea and the Hongkong stock market downfall may again launch another chain-reaction in
      AFP  -  385 words
    • Article, Illustration
      Lock icon JAKARTA
      646 12 AFP Q Composite Infax -12.71 SHARE prices fell yesterday, in line with regional weakness and negative sentiment ahead of the expiry of a two-year "lock-up" on trading in a portion of Telkom stocks. Pension funds bought shares during Telkojp's initial public offering in November 1995 on the understanding that
      AFP  -  646 words
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      Lock icon BANGKOK
      839 12 AFP n SET Mm +14.72 SHARE prices closed 3.1 per cent firmer but off their highs due to profit-taking, after the index soared on hopes that opposition leader Chuan Leekpai would be the next premier. An analyst said the market surged in the morning as it emerged that Mr
      AFP  -  839 words
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      Lock icon MANILA
      264 12 AFP FllUafl* *0166 SHARE prices closed higher yesterday in quiet trading amid the absence of incentives for investors. "There is really no compelling news to guide the market, which traded in a narrow band," a trader said. The PSE Composite Index gained 0.55 of a point to close at
      AFP  -  264 words
    • Article
      Lock icon SEOUL
      404 12 AFP DOwpiateMß -38J4 Share prices plunged 6.9 per cent yesterday in the biggest fall in nearly 18 years amid a massive sell-off by investors unnerved by the won's fall. "The falling won sparked a foreigner sell-off again, sending local investors into a panic," a dealer said of the drop,
      AFP  -  404 words
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      Lock icon SYDNEY
      588 12 AFP QAnOrtourie* -57J SHARES fell yesterday after falls on the Hongkong market sapped earlier confidence, threatening a further drop here next week. "Hongkong slipped about 5 per cent in the afternoon and that really took the wind out of our sails," a broker said. The All Ordinaries Index fell
      AFP  -  588 words
    • Article
      Lock icon WELLINGTON
      251 12 Reuters QWeffingtoo -13JS SHARE prices ended weaker yesterday with Telecom being the only standout, the stock rising to a record high. However, the gain in Telecom was not enough to stop the slide in the NZSE-40 Capital Index, which lost 13.25 points at 2,485.50. Turnover was NZ$63 million. Reuters
      Reuters  -  251 words
    • KUALA LUMPUR STOCK MARKET
      • Article
        Untitled
        8174 13 mWIRMM CiMMMf pntKtl 1WT Last V* Ooy Mat Cap Lam Cip»i»y Sate 'OOP HH* tg__gg_jg| 7M 350 Apnomoto 370 30 1 170 170 20.5 1M.0 44* 206 Anppaee 219 -5 7 220 2S 6.4 317.0 <09 370 ApePaFeodM* 47* 12 17 47S 442 13* IW.4 7*9 372 BeriayeLend 442 -2
        8,174 words
      • Article, Illustration
        Lock icon Shares end lower on lack of support
        254 13 AFX-Asia □OropoiriMMp -2151 SHARE prices closed sharply lower yesterday amid a lack of support, with weakness on major regional bourses aggravating the falls. Dealers said investors were also sidelined on concerns over rising interest rates. The KLSE Composite Index fell 23.59 points at
        AFX-Asia  -  254 words
      • Article
        Untitled
        224 13 M> 1)1 CawMrrt a M 5" ggp n 1 newts 4 S4 7 y. 210 ?«**»*> 43 I# MMMtM t a ms* Jrm l 3 o O M a ■WWwtHi l < o liiiUjwrt M wr OmM/TmM 0 0 1 T«M 91 SM nt fcMlM MHOOO MiytM tt, 169 000
        224 words
    • WARRANTS & OPTIONS
      • Article
        Untitled
        3576 14 MMDS, LOANS i VARIANTS 1997 L«»l V<M Day Ltd Ouott Avf u» M— CMWMf «H *or- COOP) HK» Ut 6«yr 8—f Prtf 66 20.5 in 3000 m AMDS c5 5H*****6 23.5 23 61 13 3160 *Acor ******1USS 21.3 -13 S3 23 21.3 21 23 131 23 3164 Acma ******4 34.3
        3,576 words
      • Article
        UIC 1998 wrt looks interesting
        228 14  -  WARRANT WATCH -By Ven Sreenivasan UIC has two warrants trading on the local bourse. One expires in August next year, while another expires in July 1999. A quick look through the numbers reveals that the 1998 warrant is beginning to look somewhat Interesting. The instrument
        228 words
    • Article
      CLOB INTERNATIONAL
      2129 14 Or Or 1997 Last V«l Bay Lart Ouata Mi Mr YM IM M Cap wm> l— «w ci—im Mi rooo) hum l— ta—r cv h w 478 120 miSOOO AISBSOc 143 cd -9 19 HO OS M2 M4 M 35 0.8 53.0 144.7 137 35 mi 5001 AMDB50C
      2,129 words
    • Article
      STOCK EXCHANGE OF SINGAPORE
      1308 15 TUMOVtt ('OOO)• VALUC ('000) MO Q» T*1 mn C>» T«M jMwtll* 4XM 12,990 sun 11.465 129,534 i£n*WC» 11,666 5,445 17,131 90,975 7.0M 96,04' fWH* U74 479 2.753 U13 299 3,532 '3.860 6.040 19,900 46.215 3.23# 51,453 PMiDM 467 467 649 649 5 UWni 315 315 322
      1,308 words
    • Article
      MAIN BOARD
      5004 15 Transaction Date Nov 7 Or Or H Wt 7997 Last Vel Day Last Ouote Mv Mv YM Nat Cap Avg Law SINo Company gaja COOP) Ht» Law Bwyar Sa—f Cvr P/t SasB Price JWITMI1I 1S7 40 a 1020 ACE Dynamic s60c 60 unch 165 60 SO SO 60
      5,004 words
    • Article
      SESDAQ
      965 15 tr or M Wt U»t V*l Oay LmIOm«i Mr Oh W M C« K" xw Ci«|H| in *h COOOI WHO C— «—*r H Cw WI Mm .'.t~ rz *000 A4*HM*»Sc 1* *1 22 131 131 134 112 UN 4.0 0J 1471 MJ 131 444 M4 2049 ASAgtalOc MM *4
      965 words
    • Article
      STOCK EXCHANGE Of SINGAPORE
      201 16 jgpjg m—> **H8CapWt99 5,006,000 STIC 25c 4.894.000 HK Land USIOc 4.092.000 Kcppei LandSOc 3.757.000 0U8 Foreign 1428.000 HKL RFWW***** 2.910.000 •Rcftjpcific Ml 2.806,000 015 Land 2.723.000 ■PS Foreign 2,503.000 8ngTei15c 2.*****0 t Dfjforei* 38.352,065 0M8 Foreign 19,079,371 UOiFMp 14,517,147 Sl*fer*n 10.492.102 STC25C W.445,803 Ke*F«4laMf50c 9,650,893 HK
      201 words
    • Article, Illustration
      HOT STOCK
      37 16 IPC CORjKbed 0.5 cent toSft jgnßfiLaf 25.5 cents mt a volume of Aifr IWiiiiilMh compared with Us lOday tradM lj eight million units. In the likely to trade sideways bias, butme longer term Jk niiflMr
      37 words
    • Article, Illustration
      STII dips as property, regional bourses tumble
      559 16  -  STOCK KaKXEI OttH—frlKT Analysts say that low bids the latest HDB land tender pins persistent Asian currency turmoil keep buyers at bay By Ven Sreenivasan [SINGAPORE] Share prices fell yesterday amid further signs of a decline in the local property sector and in
      559 words
    • ON THE GRAPEVINE
      • Article
        Broke brokers?
        64 16 STOCKBROKERING may be a profession to though it pays well earn U*****,000 (*****,600) this year, free stiff competition from electronic brokerages and other internet services that make advice, research, and trading, available at much lower pri<*. He cited the examples of online Trade Grouplnc and Wit Capital Cofp,
        64 words
      • Article
        Majniah Pulan Sakra
        122 16 THE mai*glni«irfctorofTel}in Otome. hit lost the right chord with guests at the ground-breaking cfereihoQyfbr the company's SI6OO million plant oh Pulau Sakra when he recounted how Impressed he waa with Zubir Said, the composer of 4apore's national anthem, who was Sd a good line in theanthcni, hesaki,
        122 words
      • Article
        Rue Brittania
        88 16 of the sharpest Wis in tourist arrivals AjUftmgkong so fisr has been team Japan. JMBfcecllne has been blamed on a boat of fMßomy-related causes. However, one eo jjMnreported account aypeaii pm® completely dtfßtfwit by way ef 4 fiHinatlon. One of our reporters heard **fM a well-travelled Japanese ftiend
        88 words
      • Article
        Jet-not surries
        22 16 THERE landed to our ■Mpm Anderwm, on fee B dropped t passenger flying on NWidea. is thtoaomethia*Jtf Airlines to consider?
        22 words
      • Article
        Sciences good,business...?
        3 16 tSrS?S*bwSMSSta®Si<4
        3 words
      • Article
        Correction
        11 16 rlngglt, which Is known as dropping the first tfltfc tones-
        11 words
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      Page 8 Advertisements Column 1
      608 8 i (Incorporated in the Republic of Singapore) £*•*•<**.?* uilO UW.U<K t- DMvw .V C|<W> HALF YEAR RNANCIAL STATEMENT AND DIVIDEND ANNOUNCEMENT Half Year Financial Statement on consolidated results for the six months ended 30 September 1997. Theee flguree have not been audtted. PROFIT A LOSS STATEMENT THE GROUP THE COMPANY
      608 words
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      Page 9 Advertisements Column 1
      1155 9 I. i ingapore HOLDINGS (sph) HHHBHHBl^^HiißßllUiillßlßilMlffl^B^^^^^^^^^^^^B Lv Is on* of the region's largest nawspaper.publishers and The CKrecftxs havs ptsasure In announcing tie autMsd rsautstortie year ended August 31,19»7. the premier Information and communications compeny Iby LI HcsuftS GROUP COKWWr Singapore. It has in ite stable 12 newspapers in four 1997
      1,155 words
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      Page 12 Advertisements Column 1
      87 12 calling about See...l told The card we're caning aDout I the computet -l youth* was a J I making for Susan V ;*L- I 11 1 V J J i /v i X I M t +i I advertised in A .7\V good deal, y Yup, we got what is
      87 words
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      Page 13 Advertisements Column 1
      45 13 c- Don't miss jul day may be over but your night is just Mw'lJ* Jr beginning! Get a drink, go dancing, n jj hear the latest hit, see the hottest band in town... Explore the possibilities with our AFTER S listings. Every Friday New Paper
      45 words
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      30 15 Q»—« OrdMrt »t 7M O—a. mm. 12 T T biwii i Mum mi»niin ~Tn Tliaii -1 r nig n£j_~_T" SWITZERLAND .•^Hmdb^,i w^^.»ll^F»u< ke^n^flWw m.u < .eo.H«** e^eLW .vS2^^ ud SINCg iaBl
      30 words
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      Page 16 Advertisements Column 1
      334 16 BUSINESS \()//crs l<> ;id\iTtisc c;i 11 toll-l'iTi* ISOO-741 INS* I NOTICE IS HEREBY GIVEN that, I Lira Kcng Loy of 38A Loyang 1 Realty Paris Singapore *****7, have applied for a Wholesale Liquor Shop Licence in respect of M/s JHT Trading located at 5 Kim Chuan Terrace Singapore *****8, and
      334 words
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      Page 16 Advertisements Column 2
      316 16 NOTICE IS HEREBY GIVEN that, I Lim Jek Chiew of Blk 612 #10-290 Clementi West St.l Singapore *****2, have applied for a Retail Liquor Shop Licence in respect of M/s Million Dollar Trading located at No. 600, Ponggol Seventeenth Avenue #01-11 Singapore *****4, and that this application will be considered
      316 words
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      Page 16 Advertisements Column 3
      324 16 NOTICE IS HEREBY GIVEN that, I Tan Kheng Hai of Blk 201 #04-114 Marsiling Drive Singapore *****1, have applied for a Beer House, First Class Licence in respect of M/s Tan Lai Heng Eating House located at Blk 2 #01-45 Marsiling Drive Singapore *****2, and that this application will be
      324 words
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      Page 16 Advertisements Column 4
      230 16 CADfHiLU est rri ltd (IN VOLUNTARY LIQUIDATION) NOTICE B HZXDY GIVIN bclia KB of the Canpaaiaa Act Cap 30 rial M Ceneral Macttag of Ac coanpaay will be hcM oa the IM 4a J af Dacaabar tm MUM mi at m, Laaal 2, 9y«4 Alwt Boo*. SlafaparT 2fT7T7 lot tf.PHU
      230 words
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      Page 16 Advertisements Column 5
      406 16 Ac« Dynamics Limited NOTICE OF EXTRAORDINARY GENERAL MEETING NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company wl be held at 1 SNpyard Road Singapore *****8 on Monday. 1 December 1997 at 1000 am for Ihe purpose of considering and If thought lit, panlng the toBo*4ng resolutions:Special
      406 words
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      Page 16 Advertisements Column 6
      114 16 NOTICE IS HEREBY GIVEN that, I Chan ZhiHurr Calvin Chan of Blk 162 Bishan St. 13, #01-184 Singapore *****2, have applied for a < Wholesale and Retail Liquor Shop licence in respect of M/s Living Foods Pie Lid located at 275 Thomson Road, #01-10 Novenaville Singapore *****5, and that this
      114 words
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  • EXECUTIVE Lifestyle
    • Article, Illustration
      Business in a climate of uncertainty
      1258 17  -  Singapore seems to be weathering the regional financial crisis better than its neighbours, but the economic outlook for the near future is still .somewhat hazy. How badly are Singaporeans feehngthe pinch? Jim be tries to get a clearer picture of how much belt-tightening is
      1,258 words
    • STRAWS In The Wind
      • Article
        Cyber-solution
        65 17 TALK aboiit the wired generation. „> Someone Rescued a baby bird that had fSaien out of itrnest and brought it into -the office. Messaging her colleague on another floor to find out if there was anyone in the pantry because she had a baby bird to feed, she was
        65 words
      • Article
        Back to basics
        40 17 SOMETIMES the menu gets just too complicated far the poor waiters. This was overheard at Starbucks one evening: Customer: "I'll have a flat white latte please." Server: "Sorry sir, we only have black coffee and white coffee..."
        40 words
      • Article
        It's what it says it is
        55 17 AND over at a Taiwan porridge place in Kallang, one diner was overheard asking her waiter to help her with an item described on the menu as "chicken balls in chilli". Said the waiter "It's chicken. Chicken ball iah with chilli." Looks like she
        55 words
      • Article
        Just so you know
        51 17 A CERTAIN store that opened in Singapore recently was so elated with their first-day sales that their PR called a reporter to announce that it had "recordbreaking sales". But no, they were not at liberty to disclose what the sales numbers were. We await a fuller
        51 words
    • ENTERTAINMENT
      • Article, Illustration
        High stakes and low returns
        720 18  -  CINEMA Me riles, Be respite and ■e one he can trust. Douglas has a hard tine playing it cool once he gets caught up in The Game By I Shahiron Sahari DAVID Fincher is making a name for himself as a director of dark, suspenseful
        720 words
      • Article, Illustration
        Lock icon Guaranteed to keep you awake
        544 18  -  NIGHTSPOT You're definitely going to hear a lot of music in Roomful Of Bines By\ Ben Munroe IT WAS another hazy Lion City Tuesday, swiftly shaping up to be a grimier than usual evening as murky weather damped the national psyche. With PSI of the
        ERIC CHU  -  544 words
      • Article, Illustration
        Seeing double everywhere
        733 19  -  CINEMA Look-alikes abound in The Assignment Mimic, two movies with enongh plus points to keep you entertained this weekend By\ Susan Tsang THE Assignment is an espionage adventure about how Carlos the Jackal was finally brought down. Oddly enough, although he had been pursued by police and
        733 words
      • Article, Illustration
        WHAT'S ON
        367 19  -  Compiled by M Yasotha oumuhkt Chamber Circle: Debut Concert Formed in 19%, this ensemble consists of Chan Tze Law (violin), Chin Chee Mee, (violin), Lim Tze Chian (viola), Lee Chin Sin (cello) and Low Shao Suan (piano). The group will perform Dvorak's Four Romantic Pieces for 2 Violins
        367 words
    • PURSUITS
      • Article, Illustration
        Lock icon Through the eyes of an artist
        887 20  -  He met Henry Matisse ini929 and visited Kees Van Dongen at his home. Liu Kang, 87, tells nm his years in France, and what life as an artist was like in Asia after 1933 SYLVIA DESAZARS DH MONTGAILHARD LIU KANG receives us at his
        rrnu rnoro  -  887 words
      • Article, Illustration
        Lock icon That cerebral condition called love
        494 20  -  BOOKS The Actual By Saul Bellow Viking, 104 pages ***** (hardback) Reviewed by Chuang Peck Ming HOBEL laureate Saul Bellow is a man more of thought than feeling. He may be many times married and his novels may be spiced with eroticism, but romance has
        FILE PHOTO  -  494 words
    • DESIGN
      • Article
        Perfect of East and West
        168 21  -  itt jyr sum b jay gMßlealth of exciting design ideas from the mix-and-match styles found in three Asean countries SIAN E JAY ftree of the latest style books thatfxdflpm&fNfefc t&3he market Jaua Style, Filipino vtyle, SSffles Hotel Style may well tßfe of fine architecture and
        168 words
      • Article, Illustration
        A Javanese journey through time
        430 21 Java Style 206 pafM, $69.90 GO TO JAVA and you will soon discover an eclecticism, not only in decor, but also in the architecture. Somehow the Javanese have managed to take elements from here and thqre and make them their o«ii, retaining a sense of
        430 words
      • Article, Illustration
        Lock icon Singapore statements
        200 21 V HHBH Raffles Hotel, one of Singa- pore's most faf mous landmarks, *.s u|*w»uii a mas- 4 terpiece of colonial-period architecture. Although built for the benefit of wealthy European travellers, the hotel retains 1 all those Asian features that i k gave it its charm and refined >"
        PHOTOS RAFFLES HOTEL STYLE  -  200 words
      • Article, Illustration
        Lock icon Form and function in the Philippines
        324 21 I Filipino Style ArsseU«DPwe c 232 page*, $00.90 I_ HE FILIPINOS created something very different out of the many styles that arrived on their shores. The Spanish Catholic influences frequently dominate, sometimes giving rise to wild displays of religious expression in the way that
        PHOTOS FILIPINO STYLE  -  324 words
    • EPICURE
      • Article, Illustration
        Lock icon Dishes with a difference
        796 22  -  Fig Leaf at Central Mall is off to a promising start with its Australian-inspired fusion cuisine, says jazmbeb JAIME EE ABOARDED-UP. pitch-black restaurant that screams "gone bust" is always an ominous sight, a grim reminder to passers-by and aspiring entrepreneurs of what can happen in the
        CHRIS LOH  -  796 words
      • Article, Illustration
        Contemporary flavours of Alsace
        240 22  -  PROMOTION Tan Su Yen FANCY a grand meal to cheer yourself up now that the regional markets are down? Maxim's de Paris at The Regent Singapore is hosting an Alsace Festival that's extravagant enough to banish any stock market blues. Maxim's says it is setting out
        240 words
      • Article, Illustration
        Lock icon Value for money meals and desserts to die for
        780 22  -  ■RESTAURANT A good lunch At Orchard Road need not be an expensive affair. It ceald even cost less than $12 if it's at Cafe Des Amis By 1 Tan Su Yen ALL is not lost for those of us reluctantly tightening
        CHRIS LOH  -  780 words
    • Article, Illustration
      CINEMA
      769 23 Air Faroe On*. When the presidential plane is hijacked by Gary Oldman and his gang, Harrison Ford shows what an action-hero president can do. Lido. Yishun, Beach Road. TT» I—if imt Fictionalised account of how Carlos the terrorist, aka the Jackal, was brought to grief. Donald Sutherland (CIA) and
      769 words
    • Article
      ENQUIRIES AND BOOKINGS
      109 23 Cathay 338-3400 Easts hore 346-1816 Ptcturehouse 338-3400 Yangtze 223-7629 Empress 777-6867 Jubilee 464-1640 Mandarin 292-9401 Marina 338-9719 Whitesands 686-1782 Bedok4 Bishan 363-8886 Boon Lay 792-2788 Broadway 464-9394 Majestic 633-9032 Marina 337-9488 Pavilion 786-6788 Tarn pines 8 786-6788 I Ttongßahru 274-6688 Yishun 267-7848 Clements Cwealth 777-0669 OoM«^NewTown 298-6466
      109 words
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      138 18 |l,[ "'i ij 1 1 t «<• nit 4 t I M K~ r 7,7 ic|V»iMc-c.iV'7 'i "'v/'ii i'jt \h-v~ jf^T' ip I Complipllstir«s are «igiilf!cam maestonet and &%to <the> f v-"-w> 1 B I rnilliojMS^^f#^^^-^p^ss>4.4 million or 30.0% over lusc year. _.Syg;— B 5 h,„r, mm**- ;_ig—l circulation and
      138 words
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      Page 19 Advertisements Column 1
      867 19 Where to wine, dine <uid entertain... "vjj® ill^lS Wli.il belter way to celebrate a isre.it week than Sunday Brunch at The Cafe-in-The-Part? Enjoy the finest brunch and service at only $28* Ixt adult (only 514* (or the kids). Then toast your good fortune with Gold Selrt Champagne, each {lass glittering
      867 words
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      Page 19 Advertisements Column 2
      170 19 4 e -X ""Se^-food" J x_ iMtn a of J Itself, aa the wkko y' seafood sppetlser buffet unfolds before rf/ you at Top of the Singapore's Highest. Revolving Restaurant. Feast v on exciting seafood creations prepared wttfi only tbe fteaheat aeafood and bountiful vegetables. Join ua for the peak
      170 words
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      190 22 I a 1 I i w m a 1 I I H y A a A A A l a A 1 A T A M K W m A H■■H■B■■■ fl H H W fl and it COStS you nothing. You have just attained world-class recognition with your ISO
      190 words
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  • Page 23 Miscellaneous
    • Miscellaneous
      Page 23 Miscellaneous Column 1
      632 23 amiAMMimpHp nEwnro T®ible with %££s£"■ whinnying Tfflnhauser long-suffering Mr Sheffield i are outraged when a MooOhigVenua, 12.48 am, tabloid story of their ltb B alleged affair fails to boost Rnlri flttempt at a sales. [CtH-VUropean comedy a hapless conductor Return Of The mtor trying to stage Tannhauser 11r isssassss. ™'«rTrs
      632 words
    • Miscellaneous
      Page 23 Miscellaneous Column 2
      1441 23 TODAY'S TV I" CM Sandokan Caroline and Her 1100 NN TV Innovations. Friends LOO PM Asian Football Show. UO Mutant League 14IL 2.00 WorldGames-Lahtl 1987. y_ Aiift 3.00 Favourite Classics: Prls Tam-n oner of Zenda (Movie): An _~Z Taman Sesanie. Englishman, on a visit to k Lembah Fauna. Ruritania, is
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      Page 24 Advertisements Column 1
      94 24 Ki^ t KJ^AIr.72^V^1 r .72^V^ "TTjir-- 1 1 Malayan Motors 45 Leng Kee Road, Singapore *****3 Telephone: 473 7755 Opening Hours: Weekday# 8.30 am 5.30pm Saturday 9am 4pm mmim Dealer: PREMIER MOTOR COMPANY SENDIRIAN BERHAD Cadong Light Industrial Complex N0.4 Beribi. Bandar Seri Begawan 3103, Negara Brunei Daruwalam Tel: (673)
      94 words